Telegram群组(www.tg888.vip):Trading ideas: Gadang, Hibiscus Petroleum, MSM Malaysia, Jade Marvel, Tambun Indah and Green Packet

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KUALA LUMPUR: Investors could be eyeing price movements in Gadang, Hibiscus Petroleum, MSM Malaysia, Jade Marvel, Tambun Indah and Green Packet, said JF Apex Research.

Gadang Holdings Bhd said it is undertaking subcontract works for a total sum of RM680mil in the Rapid Transit System Link project connecting Johor Bahru to Singapore.

Hibiscus Petroleum Bhd said it is committed to resolving the state sales tax issues with the Sabah authorities.

MSM Malaysia Holdings Bhd plans to establish strategic warehouses in East Malaysia with sufficient buffer stockpile.

Jade Marvel Group Bhd has proposed to diversify its business to mine iron ores, dolomite, sand and other minerals.

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Tambun Indah Land Bhd has declared a first and final dividend of 5.9 sen per share for FY21.

Green Packet founder receives bankruptcy notices for failure to settle RM30.66mil sum.

Meanwhile, JF Apex said the FBM KLCI could climb towards its resistance of 1,460 points following gains on WallS Street.

The US market rallied overnight following better-than-expected corporate earnings.

Similarly, European stocks advanced to extend its positive momentum after recent quarterly results.

Investors will be anticipating the outcome of the European Central Bank's policy meeting tomorrow.


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