Dayang, Serba Dinamik stand out in OG results
KUCHING: Two Sarawakian firms – Dayang Enterprise Holdings Bhd (Dayang) and Serba Dinamik Holdings Bhd (Serba Dinamik) were among the top highlights of the oil and gas sector (O&G) during the review of corporate results for the fourth quarter of 2019 (4Q19). This was on the back of a largely disappointing quarter, said analysts at Kenanga Investment Bank Bhd (Kenanga Research) with half of its sector coverage (or seven out of 15 stocks) reporting results below expectations. “This comes as a huge negative, considering the ‘4Q effect’ whereby analysts already had three prior quarters during the year to readjust earnings…