At Bursa Malaysia, Cycle & Carriage Bintang will be in focus after announcing its second quarter results and declared a RM1.20 special dividend to reward its shareholders.
Glove makers Top Glove, Supermax and Kossan would also attract interest following the H1N1 flu virus as the government warned that many members of the public were letting their guard down over the outbreak.
So far, four-related deaths have occurred while more schools, colleges and a nursing school were closed as student fell ill. According to the Health Ministry, there were 36 new cases and as of yesterday, the total number of cases stood at 1,302 while 98% of them had recovered and 1% undergoing treatment.
Stocks to watch: - CCB, glove makers, KNM, NSTP, Utusan
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Thursday, July 30, 2009
Wednesday, July 29, 2009
Local bourse succumbs to profit taking
The FBM KLCI had racked up nearly 110 point over the last 11 trading days alone.
Local bourse succumbs to profit taking
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Local bourse succumbs to profit taking
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Friday, July 24, 2009
Lion Ind, S. Steel, Masteel to benefit from steel demand recovery
OSK Research had a buy on Lion Industries with fair value of RM2.11, while other Buys were Southern Steel and Masteel, with 12-month target prices of RM2.12 and RM1.20 respectively.
It maintained its Trading Buy for Perwaja with a fair value of RM1.78. Despite upgrading our valuation parameter to 8x FY10 EPS and +1 standard deviation of historical trading range.
The fair value for Ann Joo and Kinsteel of RM2.02 and 91 sen respectively only justified its Neutral recommendation.
Lion Ind, S. Steel, Masteel to benefit from steel demand recovery
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It maintained its Trading Buy for Perwaja with a fair value of RM1.78. Despite upgrading our valuation parameter to 8x FY10 EPS and +1 standard deviation of historical trading range.
The fair value for Ann Joo and Kinsteel of RM2.02 and 91 sen respectively only justified its Neutral recommendation.
Lion Ind, S. Steel, Masteel to benefit from steel demand recovery
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Reduction on Tick Size
Starting from 3rd August 2009, the tick size will apply as follow:
RM3 - RM4.99 : +/- 1 SEN
RM5 - RM9.99 : +/- 1 SEN
RM10 - RM24.99 : +/- 2 SEN
RM25 - RM99.99 : +/- 2 SEN
RM100 and above : +/- 10 SEN
RM0.99 and below remain unchange (0.5 sen). Means tick size for prices from RM1 to Rm9.99 will be 1 sen.
What is your view on this? Does it really help you as a small investor with start up fund of Rm5000 or even lower?
RM3 - RM4.99 : +/- 1 SEN
RM5 - RM9.99 : +/- 1 SEN
RM10 - RM24.99 : +/- 2 SEN
RM25 - RM99.99 : +/- 2 SEN
RM100 and above : +/- 10 SEN
RM0.99 and below remain unchange (0.5 sen). Means tick size for prices from RM1 to Rm9.99 will be 1 sen.
What is your view on this? Does it really help you as a small investor with start up fund of Rm5000 or even lower?
Friday, July 17, 2009
WCT gets RM766m jobs in Medini Iskandar
It said the project was expected to be completed by July 2011, and the contracts were expected to contribute positively to the earnings and net assets of the group for the financial years 2009 to 2011.
WCT gets RM766m jobs in Medini Iskandar
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WCT gets RM766m jobs in Medini Iskandar
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Wednesday, July 15, 2009
Sunday, July 12, 2009
After Long Period of Idle
Since a year ago, this blog has been left forgotten. No worry! I'm BACK. I'll update as frequent as possible from now on. Please come back and find out the changeover. Thanks in advance. Cheers!
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