Kenanga maintains 'outperform' on Bumi Armada

KUALA LUMPUR: Kenanga Investment Bank Research is positive over Bumi Armada Bhd for its resilient earnings base in the FPSO space, which continues to display strong recovery trends.

Bumi Armada's 1HFY20 core net profit of RM22mil exceeded Kenanga's and consensus expectations at 71% and 77% of of full-year estimates respectively.

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Kenanga Investment Bank Research. Bumi Armada

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Market Summary

FBM KLCI

1513.65

-22.08

-1.46%

Vol ('00)

22,480,595

FBMKLCI
Day's Range

Low

1513.65

High

1533.52
52 Weeks Range

Low

1478.84

High

1685
Go to Market Watch

Market Movers

View More

  • SymbolOpenHighLowLastChg%ChgVol ('00)
    PERMAJU 0.030 0.045 0.030 0.040 0.01033.33549,198
    HSI-PWD1 0.190 0.210 0.180 0.195 0.0000.00532,470
    HSI-PWD7 0.205 0.230 0.200 0.220 0.0104.76530,406
    HSI-CWEO 0.155 0.155 0.135 0.135 -0.010-6.90510,830
    SAPNRG 0.045 0.050 0.045 0.045 0.0000.00478,502
    HI 1.270 1.330 1.200 1.330 0.1109.02401,830
    HSI-CWCY 0.180 0.180 0.140 0.145 -0.025-14.71391,282
    PERTAMA 0.110 0.130 0.105 0.115 0.0054.55386,360
    HSI-CWEJ 0.180 0.180 0.150 0.150 -0.015-9.09384,772
    NEXG 0.255 0.255 0.240 0.245 -0.010-3.92354,353
    HSI-CWCM 0.170 0.175 0.120 0.130 -0.025-16.13293,024
    HSI-PWFR 0.160 0.175 0.160 0.175 0.0159.38268,123
    EDEN-WC 0.025 0.035 0.025 0.030 0.00520.00265,878
    FOCUS 0.020 0.025 0.020 0.020 0.0000.00244,940
    POS 0.250 0.290 0.250 0.255 0.0000.00237,255

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