<div class=newsTextDataWrapInner><p>This article first appeared in <em>The Edge Financial Daily</em>, on June 6, 2016.</p></div>

<div class=newsTextDataWrapInner><p>&nbsp;</p></div>

<div class=newsTextDataWrapInner><p><strong>PWF Consolidated Bhd (+ve)</strong></p></div><div class=inPageAd id=div-gpt-ad-inpage></div>

<div class=newsTextDataWrapInner><p>PWF Consolidated Bhd (fundamental: 0.5 /3, valuation: 2/3) saw its shares dip one sen or 0.65% to RM1.54 last Friday. The counter saw 477,100 shares changed hands, higher than its 200-day average volume of 62,477 units.</p></div>

<div class=newsTextDataWrapInner><p>Its share price has been trading upwards since May 31, after the group announced its financial results for the first quarter ended March 31,2016.</p></div>

<div class=newsTextDataWrapInner><p>Its net profit grew 12.4% to RM3.73 million, from RM3.32 million a year ago, due to an increase in sales volume and selling prices of broilers. Meanwhile, its revenue increased 20.9% to RM83.64 million, from RM71.65 million last year.</p></div>

<div class=newsTextDataWrapInner><p>PWF is principally engaged in poultry farming, including breeding of broilers, ducks, day-old chicks and other livestock, as well as processing of chickens and ducks, animal feed milling and trading of agricultural products.</p></div>

<div class=newsTextDataWrapInner><p>The counter is trading at a 12-month trailing price-earnings ratio of 19.07 times, compared with Lay Hong Bhd’s 29.16 times.</p></div>
<div class=newsTextDataWrapInner><p><img alt="pwf_swm_chart_FD_060616" src="http://edgemarkets.s3-ap-southeast-1.amazonaws.com/pictures/pwf_swm_chart_FD_060616.png"/></p></div>

This article first appeared in The Edge Financial Daily, on June 6, 2016.

 

PWF Consolidated Bhd (+ve)

PWF Consolidated Bhd (fundamental: 0.5 /3, valuation: 2/3) saw its shares dip one sen or 0.65% to RM1.54 last Friday. The counter saw...

 Stock With Momentum: PWF Consolidated 

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US private payrolls increased at a moderate pace in November, while annual wages for workers staying in their jobs edged up for the first time in 25 months.

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Canary Wharf Group’s bondholders have agreed to let the London docklands developer raise new debt, according to a regulatory filing, paving the way for it to refinance around £600 million (RM3.38 billion) of maturing notes.

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Lawyer relates how difficult it was to get documents from Shafee & Co to mount Najib's final appeal  

<p>Here is a brief recap of the business news and corporate announcements that made the headlines on Wednesday.</p>


<p>The Penang High Court on Wednesday ordered Kepala Batas Member of Parliament (MP) Dr Siti Mastura Muhammad to pay RM750,000 in total to three DAP stalwarts — Tan Sri Lim Kit Siang, Lim Guan Eng and Teresa Kok — over her claims that they were related to Communist Party of Malaya leader Chin Peng.</p>


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<p>Former prime minister Datuk Seri Najib Razak has disputed the claim that 1Malaysia Development Bhd (1MDB), a company which fell under Ministry of Finance (MOF), had practised a "top-down approach".</p>


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<p>Sentoria Group Bhd (KL:SNTORIA) said it has triggered Bursa Malaysia's Practice Note 17 (PN17) criteria after its shareholders’ equity fell to 33% of its issued and paid-up capital, based on its just released financial statement for the year ended Sept 30, 2024 (FY2024).</p>


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<p>Below is a summary of how key Bursa Malaysia indices and the ringgit performed on Wednesday.</p>


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<p>ACE Market-listed Focus Dynamics Group Bhd (KL:FOCUS) has proposed a share capital reduction to wipe out up to RM126.8 million of the company’s accumulated losses.</p>


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<p>(Dec 4):&nbsp;Damac Group, backed by billionaire developer Hussain Sajwani, plans to invest about US$3 billion (RM13.35 billion) to build data centres across Southeast Asia, as the region becomes a hub for artificial intelligence (AI) and cloud services.&nbsp;</p>


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<p>Another advocacy group, representing a coalition of media organisations, journalists and civil society advocates, has voiced&nbsp;its opposition against the government's proposed amendments to media-related laws, claiming that the changes pose a serious threat to press freedom, freedom of expression and democratic governance in Malaysia.</p>


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<p>Uzma Bhd (KL:UZMA) has been awarded a contract by Enquest Petroleum Production Malaysia Ltd to supply hydraulic workover unit (HWU) equipment and services for Enquest’s offshore East Malaysia workover campaign.</p>
