NTPM Holdings profits surged, handily beating our forecast earnings in FYEAprO9 by 15.5% despite 4Q being a seasonally slow quarter. 4Q’s low 18% effective tax rate helped. The low share price volatility and the previous 8% dividend growth promised this to be a stock for the medium to long term.
As it continues to notch up [...]

The recent bullish price and volume action of Axiata supported by the MACD turning positive suggest that it has potential to resume its prior uptrend. A break above its recent high of RM42.58 may trigger an upside target to RM42.77, followed by R M2.92. However with the stochastic oscillator in extreme overbought level, a pullback [...]