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KLSE Stock Recommendations

Thursday 27 November 2014

MARKET UPDATES :

Cahya Mata Sarawak Bhd’s pre-tax profit for the third quarter ended September 30, 2014 soared to RM104.18 million from RM62.53 million in the same period last year. Revenue grew to RM413.07 million from RM335.4 million previously. In a filing to Bursa Malaysia, the infrastructure facilitator attributed the solid performance to its cement, construction and road maintenance, construction materials and trading divisions. Group managing director, Datuk Richard Curtis, said the company was one of the best proxy-listed investments for Sarawak’s accelerating economic growth.

klse 27 nov

STOCK RECOMMENDATION :

BUY YTL CORP ABOVE 1.590 TG 1.630 1.710 SL 1.510

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