KUALA LUMPUR: MALAYAN BANKING BHD [] and CIMB Group Holdings could be in focus on Friday, Aug 5 after AFFIN HOLDINGS BHD [] decided not to go ahead with its proposed acquisition of an Indonesian bank on mounting concerns about Indonesia’s central bank limiting majority shareholdings in commercial banks.
Affin called off the proposed acquisition of Indonesia’s PT Bank Ina Perdana, one year after the share purchase agreement (SPA) and subscription agreement (SA) had lapsed. It said the conditions precedent to these agreements had not been fulfilled as of Aug 4, 2011.
Most importantly, Affin expressed concern about Bank Indonesia’s currently study of the policy to limit majority shareholdings in commercial banks in Indonesia.
Maybank and CIMB are the other two banks with major shareholdings in Indonesian banks. Worries about the central bank of Indonesia possibly introducing a cap on foreign ownership in local banks later this year had worried investors.
In mid-July, ECM Libra Research said although it remained cautiously optimistic that the new regulation may not be applied retroactively given the difficulties in implementing the policy without potential backlash from foreign investors, this could pose a downside risk to CIMB and Maybank’s earnings prospects, if it was being employed retroactively.
The research house said that current rules in Indonesia make it possible for local banks to be up to 99.0% controlled by one shareholder, including foreign parties.
“We view this development to be potentially negative for CIMB and Maybank, given their majority stakes in the respective Indonesia banks. At present, CIMB owns 96.9% of CIMB Niaga while Maybank owns 97.5% of Bank Internasional Indonesia (BII). As such, the implementation of this regulation could force the banks to dispose their stakes and dampen their earnings prospects,” it said.
ECM Libra Research also said CIMB would be more severely impacted, given that CIMB Niaga’s large contribution to the group’s bottomline and to remain its key earnings driver to the group going forward.
Meanwhile, on a more positive note for the market, GUINNESS ANCHOR BHD [] (GAB) rewarded shareholders with a single tier dividend of 44 sen per share for the financial year ended June 30, 2011 (FY June 2011) compared with 35 sen a year ago.
Net profit fell 18% to RM29.08 million from RM35.48 million a year ago, mainly due to provisions made for its market restructuring. Revenue increased by 13% to RM348.76 million from RM308.71 million mainly due to price, sales mix and an increase in activities in the fourth quarter. Earnings per share were 9.63 sen compared with 11.74 sen.
FAVELLE FAVCO BHD [] has received purchase orders for two offshore cranes and a tower crane with a combined value of RM93.4 million. Its units Favelle Favco Cranes Pte Ltd, Favelle Favco Cranes Pty Ltd and Favelle Favco Cranes (M) Sdn Bhd had received the purchase orders for the cranes.
HSC Healthcare Sdn Bhd has emerged as a substantial shareholder in Catcha Media after it acquired 6.66 a 5.01% stake in the company. HSC Healthcare, which is helmed by Dr Lim Yin Chow, acquired 6.66 million shares in the company.
The acquisition comes on the heels of other strategic investments in Catcha Media by Genting group’s Datuk Justin Leong Ming Loong who acquired a 5.01%t stake on Aug 2 and STAR PUBLICATIONS (M) BHD [] that bought a 4.99% stake on July 4.
Showing posts with label World Market News. Show all posts
Showing posts with label World Market News. Show all posts
Thursday, August 4, 2011
CIMB Group ventures into Sri Lanka
KUALA LUMPUR: CIMB Group Holdings Bhd's'' CIMB Securities International Pte. Ltd is venturing into Sri Lanka to set up an investment banking advisory joint venture.
It said on Thursday, Aug 4 CIMB Securities International -- its indirect wholly-owned subsidiary ' had entered into a joint venture agreement with its partners Alex Lovell and Reshani Dangalia to establish an investment banking advisory JV.
Under the agreement, the shareholders have committed up to US$2 million for the venture. It will be a subsidiary of CIMB Securities International upon its incorporation.
'The JV company shall provide investment banking services such as corporate, equity and debt capital market and general advisory on mergers and acquisitions, initial public offerings and secondary offerings, primary and dual listings, privatisations, corporate restructuring and capital management, as well as such other related businesses that the Joint Venture company may choose to undertake in the future,' said CIMB.
It said on Thursday, Aug 4 CIMB Securities International -- its indirect wholly-owned subsidiary ' had entered into a joint venture agreement with its partners Alex Lovell and Reshani Dangalia to establish an investment banking advisory JV.
Under the agreement, the shareholders have committed up to US$2 million for the venture. It will be a subsidiary of CIMB Securities International upon its incorporation.
'The JV company shall provide investment banking services such as corporate, equity and debt capital market and general advisory on mergers and acquisitions, initial public offerings and secondary offerings, primary and dual listings, privatisations, corporate restructuring and capital management, as well as such other related businesses that the Joint Venture company may choose to undertake in the future,' said CIMB.
Tambun Indah posts RM4.73m net profit in 2Q
KUALA LUMPUR: Tambun Indah Land Bhd posted net profit of RM4.73m in the second quarter ended June 30, on the back of RM52.44 million in revenue.
The Penang-based property company said on Thursday, Aug 4 that its earnings per share were 2.14 sen. It declared dividend of 4.6 sen per share.
Tambun Indah said the 2Q pre-tax profit before tax was RM11.33 million, up RM9000,000 than 1Q's RM10.43 million.
'This is mainly due to higher revenue were recorded during the current quarter of RM52.45 million compared to revenue of RM35.95 million in the preceding quarter,' it said.
However, the increase in revenue was partially offset by increase in cost of sales, administrative expenses and selling and marketing expenses. Higher administrative expenses in current quarter mainly due to expenses related to three proposed acquisition of Pridaman, Ikhtiar Bitara and Bandar Tasek Mutiara land.
"Higher selling and marketing expenses were incurred in the current quarter as a result of more sales activities from development projects.
Elaborating on the financial results, it said the revenue was RM88.40 million in the first half while pre-tax profit was RM21.76 million.
It said the profit and revenue were mainly from its property development activities. Ongoing projects which contributed to the Group's profit and revenue include Pearl Villas, Pearl Garden, Juru Heights, Carissa Park, Dahlia Park, Impian Residence, Tanjung Heights and Capri Park.
Apart from property development, the group's CONSTRUCTION [] activities and investment holdings activities also contributed to the earnings.
The Penang-based property company said on Thursday, Aug 4 that its earnings per share were 2.14 sen. It declared dividend of 4.6 sen per share.
Tambun Indah said the 2Q pre-tax profit before tax was RM11.33 million, up RM9000,000 than 1Q's RM10.43 million.
'This is mainly due to higher revenue were recorded during the current quarter of RM52.45 million compared to revenue of RM35.95 million in the preceding quarter,' it said.
However, the increase in revenue was partially offset by increase in cost of sales, administrative expenses and selling and marketing expenses. Higher administrative expenses in current quarter mainly due to expenses related to three proposed acquisition of Pridaman, Ikhtiar Bitara and Bandar Tasek Mutiara land.
"Higher selling and marketing expenses were incurred in the current quarter as a result of more sales activities from development projects.
Elaborating on the financial results, it said the revenue was RM88.40 million in the first half while pre-tax profit was RM21.76 million.
It said the profit and revenue were mainly from its property development activities. Ongoing projects which contributed to the Group's profit and revenue include Pearl Villas, Pearl Garden, Juru Heights, Carissa Park, Dahlia Park, Impian Residence, Tanjung Heights and Capri Park.
Apart from property development, the group's CONSTRUCTION [] activities and investment holdings activities also contributed to the earnings.
Friday, July 15, 2011
Dialog's unit to buy Indian firm for RM7.88m
KUALA LUMPUR: Dialog Group Bhd's wholly-owned subsidiary, Dialog Systems (Asia) Pte Ltd, is acquiring a 51 per cent stake in
India's Anewa Engineering Private Ltd for RM7.88 million.
In a filing to Bursa Malaysia today, it said the proposed transaction will further provides access to new customers in various parts of the world, namely in the Middle East and India.
It was also in line with Dialog's strategy of focusing and growing its core businesses, penetrating new markets and investing in businesses with a long term sustainable income.
Anewa is an outsourcing company that provides engineering design to customers, mainly multinational companies in India, the Middle East and Southeast Asia in the oil, gas and petrochemical industry.
Under the exercise, Dialog's unit will finance the purchase consideration from its own funds and/or borrowings. It is expected to be completed by end of next month.
India's Anewa Engineering Private Ltd for RM7.88 million.
In a filing to Bursa Malaysia today, it said the proposed transaction will further provides access to new customers in various parts of the world, namely in the Middle East and India.
It was also in line with Dialog's strategy of focusing and growing its core businesses, penetrating new markets and investing in businesses with a long term sustainable income.
Anewa is an outsourcing company that provides engineering design to customers, mainly multinational companies in India, the Middle East and Southeast Asia in the oil, gas and petrochemical industry.
Under the exercise, Dialog's unit will finance the purchase consideration from its own funds and/or borrowings. It is expected to be completed by end of next month.
New Myvi wins Asian auto award
Barely a month on the road, the new Perodua Myvi recently bagged the "Best Local Assembly Compact Car" award at the Asian Auto Industry Awards ceremony.
The previous Myvi won 11 awards in 5 years.
In a statement today, Perodua said the new Perodua Myvi, launched on June 16, has lived up to its tagline of "Lagi Best".
"This new Perodua Myvi is continuing the proud legacy of its predecessor.
"We are proud and honoured with the recognition given to the new Perodua Myvi from one of Malaysia's leading motoring publication," said Perodua Managing Director Datuk Aminar Rashid Salleh in the statement.
Since bookings opened on June 4, the company had received orders for 19,000 units of the new Perodua Myvi, of which, an estimated 10,000 units will be delivered this month.
The previous Myvi won 11 awards in 5 years.
In a statement today, Perodua said the new Perodua Myvi, launched on June 16, has lived up to its tagline of "Lagi Best".
"This new Perodua Myvi is continuing the proud legacy of its predecessor.
"We are proud and honoured with the recognition given to the new Perodua Myvi from one of Malaysia's leading motoring publication," said Perodua Managing Director Datuk Aminar Rashid Salleh in the statement.
Since bookings opened on June 4, the company had received orders for 19,000 units of the new Perodua Myvi, of which, an estimated 10,000 units will be delivered this month.
Musa challenges palm oil critics
Sime Darby Bhd's Chairman Tun Musa Hitam today threw a challenge to the critics of Malaysia's palm oil industry, saying he wants to meet them, specifically those in the Australian Senate who had proposed and supported the 'Truth in Labelling-Palm Oil Bill'.
"I want to meet those who are against us. I would rather they come here and see what we have done to ensure sustainable oil palm planting," he said.
The bill, which was moved by independent senator Nick Xenophon in late 2009, proposed, among others, amendment on the Food Standards Australia New Zealand (FSANZ) Act 1991 requiring food manufacturers to list palm oil on food labels.
However, last month, the Community Affairs Legislative Committee of the Australian Senate in Canberra recommended that the bill not be passed.
The bill raised concern on the relationship between palm oil production and deforestation, and the endangerment of orang utans and other wildlife.
Musa, who was speaking to reporters after launching a book today, made the remarks in response to a question on whether he would be travelling to Australia.
He also called on the critics to stop "scaring consumers with your labelling and exploiting their fears. Come to us. You want a green world, we (also) want a green world. We are democrats after all."
The former cabinet minister said he welcomed criticisms, provided it came with knowledge and awareness of the implications it could bring on the economy of Malaysia and other oil palm-producing nations as well as the impact on consumers in other countries.
"We accept their criticisms, but not just to cut off our lifeline."
He said Malaysia was also undertaking her development with responsibility, awareness and sensitivity to the modern current needs of the world.
When the issue that palm oil was unhealthy was proven wrong during Musa's tenure as primary industries minister, lobbyists took up a new issue that Malaysia was destroying forests and threatening the wildlife to make way for oil
palm plantation.
"I must say there was a great deal of truth in what they (lobbyists) said. But I can also safely say that they are out of date in the sense that we Malaysians had the courage and the strength to admit our mistakes in the past and now, we give top priority to what we call sustainable development of the oil palm," he added.
Meanwhile, Musa said Sime Darby, one of the major oil palm planters in the country, had spent so much money in environment and wildlife preservation.
"We clean up forests, we allocate areas to ensure that threatened species, especially the orang utans, are no longer being threatened.
"You can check up on what we have been doing, our list of species that we have identified and our dedication with the collaboration with related institutions, bodies and departments. We are seriously spending money and effort on this," he said.
"I want to meet those who are against us. I would rather they come here and see what we have done to ensure sustainable oil palm planting," he said.
The bill, which was moved by independent senator Nick Xenophon in late 2009, proposed, among others, amendment on the Food Standards Australia New Zealand (FSANZ) Act 1991 requiring food manufacturers to list palm oil on food labels.
However, last month, the Community Affairs Legislative Committee of the Australian Senate in Canberra recommended that the bill not be passed.
The bill raised concern on the relationship between palm oil production and deforestation, and the endangerment of orang utans and other wildlife.
Musa, who was speaking to reporters after launching a book today, made the remarks in response to a question on whether he would be travelling to Australia.
He also called on the critics to stop "scaring consumers with your labelling and exploiting their fears. Come to us. You want a green world, we (also) want a green world. We are democrats after all."
The former cabinet minister said he welcomed criticisms, provided it came with knowledge and awareness of the implications it could bring on the economy of Malaysia and other oil palm-producing nations as well as the impact on consumers in other countries.
"We accept their criticisms, but not just to cut off our lifeline."
He said Malaysia was also undertaking her development with responsibility, awareness and sensitivity to the modern current needs of the world.
When the issue that palm oil was unhealthy was proven wrong during Musa's tenure as primary industries minister, lobbyists took up a new issue that Malaysia was destroying forests and threatening the wildlife to make way for oil
palm plantation.
"I must say there was a great deal of truth in what they (lobbyists) said. But I can also safely say that they are out of date in the sense that we Malaysians had the courage and the strength to admit our mistakes in the past and now, we give top priority to what we call sustainable development of the oil palm," he added.
Meanwhile, Musa said Sime Darby, one of the major oil palm planters in the country, had spent so much money in environment and wildlife preservation.
"We clean up forests, we allocate areas to ensure that threatened species, especially the orang utans, are no longer being threatened.
"You can check up on what we have been doing, our list of species that we have identified and our dedication with the collaboration with related institutions, bodies and departments. We are seriously spending money and effort on this," he said.
Thursday, June 30, 2011
MRCB, Yinson, BCorp, Hiap Teck, KNM
KUALA LUMPUR: With the FBM KLCI closing at a historic high of 1,575.01 on Wednesday, June 29, aided by a late nudge of selected index-linked stocks, investors would want to watch if the index can extend the gains.
With the second quarter coming to a close on Thursday, 30, perhaps it is possible to see mild gains due to window dressing. However, investors may have to brace for some profit taking before the KLCI can build a stronger base to scale higher.
External factors including the Greek debt issue would be in focus on Thursday. Reuters reported equities gained strongly and the euro rose on Wednesday as investors bet on the ability of Greece's government to pass new austerity measures designed to prevent the country from going bankrupt.
Stocks to watch on Bursa Malaysia include MALAYSIAN RESOURCES CORP [] Bhd (MRCB), YINSON HOLDINGS BHD [], Berjaya Corp Bhd, HIAP TECK VENTURE BHD [] and KNM GROUP BHD [].
MRCB is collaborating up with the Korean Teachers’ Credit Union (KTCU) to collaborate in potential future projects.
KTCU is a Korean government guaranteed welfare agency with about US$17 billion of assets under its management and nine affiliated business organisations.
KTCU is an investor of two real estate funds established by HanaDaol for two projects in Kuala Lumpur Sentral, which are Tower 2 Lot G and Q Sentral, with a total investment value of RM660 million.
Yinson and its partner Petrovietnam Technical Services Corporation have secured a US$331.15 million (RM1.01 billion) to provide a floating storage and off-loading (FSO).
The total contract value of RM1.01 billion was for 20 years, of which RM626.81 million was for the firm period of 10 years and the remaining RM383.20 million was for options to extend for another 10 years in four different periods.
Yinson will have a 49% stake in JV and PTSC 51%. Yison’s cash injection in the JV is expected to be RM55.125 million.
To finance it, part of it would be from a renounceable two-call rights issue of up to 131.85 million rights shares on the basis of three rights shares for every two existing shares held.
Yinson's net profit of RM7.14 million for the quarter ended April 30 versus RM4.67 million a year ago. Revenue was higher at RM196.80 million compared with RM184.31 million.
However, Yinson has only cash and bank balances of RM4.74 million as at April 30, 2011 while receivables are RM260.23 million. Short-term borrowings, categorised under current liabilities, are RM138.88 million.
Berjaya Corporation’s fourth quarter earnings fell 27.9% to RM103.61 million in the period ended April 30 from RM143.85 million, partly due to the impairment in value and losses from sale of investments.
Revenue was RM1.87 billion compared with RM1.89 billion while earnings per share were 2.37 sen compared with 3.39 sen. Its pre-tax profit of RM261.61 million was a decrease of 12.2% from RM298.06 million a year ago. It proposed a 2% single-tier exempt dividend per share.
For the financial year ended April 30, 2011, the net profit was RM348.08 million compared with RM79.99 million in FY10 while revenue was higher at RM7.11 billion compared with RM6.75 billion a year ago.
Hiap Teck’s net profit slumped 67.8% to RM5.42 million in the third quarter ended April 30, 2011 from RM16.87 million a year ago but the steel maker expected domestic steel demand to pick up.
Revenue declined 18.3% to RM236.45 million from RM289.62 million while earnings per share were 1.69 sen compared with 5.24 sen. Hiap Teck said pre-tax profit of RM8.20 million was 64% lower than the RM22.56 million a year ago.
KNM Group Bhd is tendering for about RM17 billion worth of contracts as at end-May and expects a success rate of about 20%.
Group managing director Lee Swee Eng said he was also positive on the outlook in the second half as the contracts secured last year were now being realised.
"For our tender book, the success rate before 2008 was in the range of 25% to 30%. But since the last two years due to the competitive market, we have seen our success rate at 20%. So assuming that you can get 20% of RM17 billion, maybe we have a prospect of RM3.4 billion of new orders," he said.
With the second quarter coming to a close on Thursday, 30, perhaps it is possible to see mild gains due to window dressing. However, investors may have to brace for some profit taking before the KLCI can build a stronger base to scale higher.
External factors including the Greek debt issue would be in focus on Thursday. Reuters reported equities gained strongly and the euro rose on Wednesday as investors bet on the ability of Greece's government to pass new austerity measures designed to prevent the country from going bankrupt.
Stocks to watch on Bursa Malaysia include MALAYSIAN RESOURCES CORP [] Bhd (MRCB), YINSON HOLDINGS BHD [], Berjaya Corp Bhd, HIAP TECK VENTURE BHD [] and KNM GROUP BHD [].
MRCB is collaborating up with the Korean Teachers’ Credit Union (KTCU) to collaborate in potential future projects.
KTCU is a Korean government guaranteed welfare agency with about US$17 billion of assets under its management and nine affiliated business organisations.
KTCU is an investor of two real estate funds established by HanaDaol for two projects in Kuala Lumpur Sentral, which are Tower 2 Lot G and Q Sentral, with a total investment value of RM660 million.
Yinson and its partner Petrovietnam Technical Services Corporation have secured a US$331.15 million (RM1.01 billion) to provide a floating storage and off-loading (FSO).
The total contract value of RM1.01 billion was for 20 years, of which RM626.81 million was for the firm period of 10 years and the remaining RM383.20 million was for options to extend for another 10 years in four different periods.
Yinson will have a 49% stake in JV and PTSC 51%. Yison’s cash injection in the JV is expected to be RM55.125 million.
To finance it, part of it would be from a renounceable two-call rights issue of up to 131.85 million rights shares on the basis of three rights shares for every two existing shares held.
Yinson's net profit of RM7.14 million for the quarter ended April 30 versus RM4.67 million a year ago. Revenue was higher at RM196.80 million compared with RM184.31 million.
However, Yinson has only cash and bank balances of RM4.74 million as at April 30, 2011 while receivables are RM260.23 million. Short-term borrowings, categorised under current liabilities, are RM138.88 million.
Berjaya Corporation’s fourth quarter earnings fell 27.9% to RM103.61 million in the period ended April 30 from RM143.85 million, partly due to the impairment in value and losses from sale of investments.
Revenue was RM1.87 billion compared with RM1.89 billion while earnings per share were 2.37 sen compared with 3.39 sen. Its pre-tax profit of RM261.61 million was a decrease of 12.2% from RM298.06 million a year ago. It proposed a 2% single-tier exempt dividend per share.
For the financial year ended April 30, 2011, the net profit was RM348.08 million compared with RM79.99 million in FY10 while revenue was higher at RM7.11 billion compared with RM6.75 billion a year ago.
Hiap Teck’s net profit slumped 67.8% to RM5.42 million in the third quarter ended April 30, 2011 from RM16.87 million a year ago but the steel maker expected domestic steel demand to pick up.
Revenue declined 18.3% to RM236.45 million from RM289.62 million while earnings per share were 1.69 sen compared with 5.24 sen. Hiap Teck said pre-tax profit of RM8.20 million was 64% lower than the RM22.56 million a year ago.
KNM Group Bhd is tendering for about RM17 billion worth of contracts as at end-May and expects a success rate of about 20%.
Group managing director Lee Swee Eng said he was also positive on the outlook in the second half as the contracts secured last year were now being realised.
"For our tender book, the success rate before 2008 was in the range of 25% to 30%. But since the last two years due to the competitive market, we have seen our success rate at 20%. So assuming that you can get 20% of RM17 billion, maybe we have a prospect of RM3.4 billion of new orders," he said.
Sunday, June 12, 2011
投資者趁低吸購 馬股本週打翻身戰
（吉隆坡12日訊）投資者本週或趁低吸納，馬股市可望在陰霾掃除后，展開一波攻勢。
艾芬投資銀行研究主管納斯里甘說，富馬隆綜指在這5個交易日，料重現4月份的升勢，向1565點攀高。
他指出，儘管大多投資者因美國和歐盟債務危機未除，仍不願進場，大盤交投疲弱，所幸，富馬隆綜指的跌勢比預期中小，表示特定藍籌股還有“市場”，繼續有人買賣。
目前，馬股和其他區域股市的最大動力是，美國聯邦儲傋局（FED）會否展開第三輪的量化寬鬆政策，可減綬金融市場對歐債危機的擔憂。
馬股的另一指引還包括，經濟轉型執行方案（ETP）的工程施工，及原產品價格行情看俏，都會增大股票投資購興，特別是石油天然氣類股。
上週，馬股全週下跌3.66點收1556.19點，總成交量從40億7200萬股減至36億7400萬股，成交值從98億2700萬令吉降至66億800萬令吉。
表現較為突出的類別指數有金融指數（漲125.09點）、工業指數（起10.73點）和種植指數（揚55.10點）。
關注通脹走勢
分析員說，儘管新興國家股市反映通脹惡化，但投資者無需過度擔心，這是景氣復甦過程中的必有現象。
預估新興市場通脹高點或落在今年7月或8月，6月此時是考慮進場的時機。
回顧上一波通脹攀升的2004年間，通脹數據在2004年8月達到高峰，但MSCI新興市場指數的落底時間是7月，由于股市總是提早一步反映，在通脹見頂前，投資者該留意佈局時點。
另外，今年最大規模首發股馬來亞糖廠（MSM），新股認購將在週一（13日）截止。
該公司暫定6月28日上市馬股主要板，發售價定在3.38令吉，預計籌措4億2250萬令吉資金。 各板成交表現 6月6日至10日 5月30日至6 月3日 總成交量（股） 總成交值（令吉）總成交量（股）總成交值（令吉） 主要板 26億600萬 64億3300萬 32億3400萬 96億4300萬 創業板 7億9091萬 1億1753萬 4億9826.2萬 7783萬4000萬 總計 33億9691萬 65億5053萬 37億3226.2萬 97億2083.4萬
海外股市閉市起落 紐約道瓊斯指數 11,951.90 -172.45 倫敦金融時報100項股 5,765.80 -90.54
艾芬投資銀行研究主管納斯里甘說，富馬隆綜指在這5個交易日，料重現4月份的升勢，向1565點攀高。
他指出，儘管大多投資者因美國和歐盟債務危機未除，仍不願進場，大盤交投疲弱，所幸，富馬隆綜指的跌勢比預期中小，表示特定藍籌股還有“市場”，繼續有人買賣。
目前，馬股和其他區域股市的最大動力是，美國聯邦儲傋局（FED）會否展開第三輪的量化寬鬆政策，可減綬金融市場對歐債危機的擔憂。
馬股的另一指引還包括，經濟轉型執行方案（ETP）的工程施工，及原產品價格行情看俏，都會增大股票投資購興，特別是石油天然氣類股。
上週，馬股全週下跌3.66點收1556.19點，總成交量從40億7200萬股減至36億7400萬股，成交值從98億2700萬令吉降至66億800萬令吉。
表現較為突出的類別指數有金融指數（漲125.09點）、工業指數（起10.73點）和種植指數（揚55.10點）。
關注通脹走勢
分析員說，儘管新興國家股市反映通脹惡化，但投資者無需過度擔心，這是景氣復甦過程中的必有現象。
預估新興市場通脹高點或落在今年7月或8月，6月此時是考慮進場的時機。
回顧上一波通脹攀升的2004年間，通脹數據在2004年8月達到高峰，但MSCI新興市場指數的落底時間是7月，由于股市總是提早一步反映，在通脹見頂前，投資者該留意佈局時點。
另外，今年最大規模首發股馬來亞糖廠（MSM），新股認購將在週一（13日）截止。
該公司暫定6月28日上市馬股主要板，發售價定在3.38令吉，預計籌措4億2250萬令吉資金。 各板成交表現 6月6日至10日 5月30日至6 月3日 總成交量（股） 總成交值（令吉）總成交量（股）總成交值（令吉） 主要板 26億600萬 64億3300萬 32億3400萬 96億4300萬 創業板 7億9091萬 1億1753萬 4億9826.2萬 7783萬4000萬 總計 33億9691萬 65億5053萬 37億3226.2萬 97億2083.4萬
海外股市閉市起落 紐約道瓊斯指數 11,951.90 -172.45 倫敦金融時報100項股 5,765.80 -90.54
Dow, S&P end sixth losing week - is seventh on tap?
NEW YORK: The Dow and S&P 500 closed out their sixth week of losses on Friday, June 10 as further signs of a global economic slowdown set the stage for more losses ahead.
The deepening gloom raised the prospect for the S&P, which suffered its worst week since August 2010, to break below the year's low of 1,250 next week.
The Nasdaq wiped out its yearly gains on Friday and also posted its biggest weekly decline since August 2010, as the latest deterioration in sentiment came on fear of flagging Chinese growth and fresh worries about Greece's debt crisis.
The Dow closed below 12,000 for the first time since mid-March.
Reflecting the bearish sentiment, options traders eyed calls on the CBOE Volatility Index .VIX, Wall Street's so-called fear gauge, which moves inversely to the S&P 500's performance. The VIX rose 6.1 percent to end at 18.86.
"We broke below the April low, which was about 1,295 (on the S&P 500) pretty much at the open today. We are probably going to test the March lows if data next week remain weak," said Stephen Massocca, managing director at Wedbush Morgan in San Francisco.
"But investors are very susceptible to any kind of news and since we are very oversold here, we could see the market instantly bounce back if we get anything remotely good."
The Dow Jones industrial average .DJI fell 172.45 points, or 1.42 percent, to 11,951.91. The Standard & Poor's 500 Index .SPX slid 18.02 points, or 1.40 percent, to 1,270.98. The Nasdaq Composite Index .IXIC tumbled 41.14 points, or 1.53 percent, to 2,643.73 at the close.
For the week, the Dow was down 1.6 percent, the S&P 500 was off 2.2 percent and the Nasdaq was down 3.3 percent.
The S&P 500 has fallen about 6.6 percent from its intraday peak early last month. Many see the benchmark index sliding back down to around 1,250, its March low, where valuations could bring investors back into equities.
At 1,250, the S&P 500 would be roughly 1.7 percent below current levels and approaching a 10 percent decline commonly referred to as a correction.
FINANCIALS DECLINE
Bank stocks, already under pressure, finished lower, with the KBW Banks Index .BKX dropping 0.4 percent after sliding more than 2 percent earlier in the day. The Federal Reserve said it will subject more banks to annual stress tests to determine whether they have enough capital and can raise their dividends.
Some of the biggest decliners were regional bank stocks that are now going to face annual tests.
Northern Trust Corp (NTRS.O) fell 1.2 percent to $46.77 and M&T Bank Corp (MTB.N) lost 1.2 percent to $84.41.
But large banks, including JPMorgan Chase (JPM.N) and Bank of America (BAC.N), rose in a late rebound, on a news report that the extra capital charge on big banks will likely be 2 percent to 2.5 percent, compared with the widely predicted 3 percent, traders said.
Bank of America shares rose 1.4 percent to $10.80 and JPMorgan added 0.2 percent to $41.05.
The S&P energy index .GSPE declined 1.9 percent while the S&P index of industrial stocks .GSPI lost 1.6 percent.
China's sales to the United States and the European Union slumped to their weakest since late 2009, excluding Lunar New Year holidays, underlining the view that the world economy is stumbling.
In another negative for stocks, the euro tumbled more than 1 percent against the U.S. dollar as fears about Greece's debt returned to the forefront and investors curbed expectations about the European Central Bank's interest-rate hikes. Investors have been recently trading the correlation between stocks and the dollar.
The PHLX semiconductor index .SOX slid 1.7 percent, sinking to its lowest since early December. The SOX fell below its 200-day moving average for the first time since last October.
About 7.47 billion shares traded on the New York Stock Exchange, NYSE Amex and Nasdaq, compared with the daily average of 7.59 billion.
Declining stocks beat advancing ones by 2,419 to 587 on the NYSE while on the Nasdaq, decliners beat advancers by 1,987 to 593.
The deepening gloom raised the prospect for the S&P, which suffered its worst week since August 2010, to break below the year's low of 1,250 next week.
The Nasdaq wiped out its yearly gains on Friday and also posted its biggest weekly decline since August 2010, as the latest deterioration in sentiment came on fear of flagging Chinese growth and fresh worries about Greece's debt crisis.
The Dow closed below 12,000 for the first time since mid-March.
Reflecting the bearish sentiment, options traders eyed calls on the CBOE Volatility Index .VIX, Wall Street's so-called fear gauge, which moves inversely to the S&P 500's performance. The VIX rose 6.1 percent to end at 18.86.
"We broke below the April low, which was about 1,295 (on the S&P 500) pretty much at the open today. We are probably going to test the March lows if data next week remain weak," said Stephen Massocca, managing director at Wedbush Morgan in San Francisco.
"But investors are very susceptible to any kind of news and since we are very oversold here, we could see the market instantly bounce back if we get anything remotely good."
The Dow Jones industrial average .DJI fell 172.45 points, or 1.42 percent, to 11,951.91. The Standard & Poor's 500 Index .SPX slid 18.02 points, or 1.40 percent, to 1,270.98. The Nasdaq Composite Index .IXIC tumbled 41.14 points, or 1.53 percent, to 2,643.73 at the close.
For the week, the Dow was down 1.6 percent, the S&P 500 was off 2.2 percent and the Nasdaq was down 3.3 percent.
The S&P 500 has fallen about 6.6 percent from its intraday peak early last month. Many see the benchmark index sliding back down to around 1,250, its March low, where valuations could bring investors back into equities.
At 1,250, the S&P 500 would be roughly 1.7 percent below current levels and approaching a 10 percent decline commonly referred to as a correction.
FINANCIALS DECLINE
Bank stocks, already under pressure, finished lower, with the KBW Banks Index .BKX dropping 0.4 percent after sliding more than 2 percent earlier in the day. The Federal Reserve said it will subject more banks to annual stress tests to determine whether they have enough capital and can raise their dividends.
Some of the biggest decliners were regional bank stocks that are now going to face annual tests.
Northern Trust Corp (NTRS.O) fell 1.2 percent to $46.77 and M&T Bank Corp (MTB.N) lost 1.2 percent to $84.41.
But large banks, including JPMorgan Chase (JPM.N) and Bank of America (BAC.N), rose in a late rebound, on a news report that the extra capital charge on big banks will likely be 2 percent to 2.5 percent, compared with the widely predicted 3 percent, traders said.
Bank of America shares rose 1.4 percent to $10.80 and JPMorgan added 0.2 percent to $41.05.
The S&P energy index .GSPE declined 1.9 percent while the S&P index of industrial stocks .GSPI lost 1.6 percent.
China's sales to the United States and the European Union slumped to their weakest since late 2009, excluding Lunar New Year holidays, underlining the view that the world economy is stumbling.
In another negative for stocks, the euro tumbled more than 1 percent against the U.S. dollar as fears about Greece's debt returned to the forefront and investors curbed expectations about the European Central Bank's interest-rate hikes. Investors have been recently trading the correlation between stocks and the dollar.
The PHLX semiconductor index .SOX slid 1.7 percent, sinking to its lowest since early December. The SOX fell below its 200-day moving average for the first time since last October.
About 7.47 billion shares traded on the New York Stock Exchange, NYSE Amex and Nasdaq, compared with the daily average of 7.59 billion.
Declining stocks beat advancing ones by 2,419 to 587 on the NYSE while on the Nasdaq, decliners beat advancers by 1,987 to 593.
Tuesday, June 7, 2011
FBM KLCI closes above 1,550-level
KUALA LUMPUR: ''The FBM KLCI closed above the 1,550-point level on Tuesday, June 7 as it pared down its earlier losses in line with the slight rebound at most key regional markets.
The 30-stock index shed 0.02% or 0.25 point to close at 1,551.89, coming off its intra-day low of 1,548.30.
Gainers overtook losers by 428 to 297, while 324 counters traded unchanged. Volume was 705.81 million shares valued at RM1.34 billion.
At the regional markets, Japan's Nikkei 225 rose 0.67% to 9,442.95, the Shanghai Composite Index added 0.60% to 2,744,30, Taiwan's Taiex was up 0.12% to 9,057.10 and Singapore's Straits Times Index edged up 0.07% to 3,115.95.
Meanwhile, Hong Kong's Hang Seng Index shed 0.35% to 22,868.67 and South Korea's Kospi fell 0.65% to 2,099.71.
On Bursa Malaysia, Tahps was the top loser and fell 19 sen to RM4.60.
Shell lost 18 sen to RM10.62, BLD PLANTATION []s 13 sen to RM7.13, PPB and BAT 12 sen each to RM17.40 and RM46.90, Fututech 11.5 sen to 43 sen, RHB Capital 10 sen to RM9.83 and Cocoaland down seven sen to RM2.05.
MBSB's warrants were actively traded with 29.5 million units done. The warrants added 27.5 sen to 77.5 sen.
Other actives included Asia Media, HWGB, KNM, Axiata, Tenaga, Karambunai and UEM Land.
Plantation-related stocks were among the major gainers today, with Glenealy up 45 sen to RM5.88, Boustead 31 sen to RM6.16, NSOP 24 sen to RM5.79, Tradewinds Plantations 21 sen to RM4.13, Rimbunan Sawit 20 sen to RM2.62 and United Plantations 18 sen to RM18.88.
Other gainers included Tradewinds that added 74 sen to RM11.02 and Quality up 20 sen to RM1.50.
The 30-stock index shed 0.02% or 0.25 point to close at 1,551.89, coming off its intra-day low of 1,548.30.
Gainers overtook losers by 428 to 297, while 324 counters traded unchanged. Volume was 705.81 million shares valued at RM1.34 billion.
At the regional markets, Japan's Nikkei 225 rose 0.67% to 9,442.95, the Shanghai Composite Index added 0.60% to 2,744,30, Taiwan's Taiex was up 0.12% to 9,057.10 and Singapore's Straits Times Index edged up 0.07% to 3,115.95.
Meanwhile, Hong Kong's Hang Seng Index shed 0.35% to 22,868.67 and South Korea's Kospi fell 0.65% to 2,099.71.
On Bursa Malaysia, Tahps was the top loser and fell 19 sen to RM4.60.
Shell lost 18 sen to RM10.62, BLD PLANTATION []s 13 sen to RM7.13, PPB and BAT 12 sen each to RM17.40 and RM46.90, Fututech 11.5 sen to 43 sen, RHB Capital 10 sen to RM9.83 and Cocoaland down seven sen to RM2.05.
MBSB's warrants were actively traded with 29.5 million units done. The warrants added 27.5 sen to 77.5 sen.
Other actives included Asia Media, HWGB, KNM, Axiata, Tenaga, Karambunai and UEM Land.
Plantation-related stocks were among the major gainers today, with Glenealy up 45 sen to RM5.88, Boustead 31 sen to RM6.16, NSOP 24 sen to RM5.79, Tradewinds Plantations 21 sen to RM4.13, Rimbunan Sawit 20 sen to RM2.62 and United Plantations 18 sen to RM18.88.
Other gainers included Tradewinds that added 74 sen to RM11.02 and Quality up 20 sen to RM1.50.
Friday, June 3, 2011
US new jobless claims fall less than expected
WASHINGTON: New US claims for unemployment benefits fell less than expected last week, according to a government report on Thursday that could add to fears the labor market recovery has taken a step back.
Initial claims for state unemployment benefits slipped 6,000 to a seasonally adjusted 422,000, the Labor Department said. The prior week's figure was revised up to 428,000.
Economists polled by Reuters had forecast claims dropping to 415,000 from a previously reported count of 424,000.
The claims report falls outside the survey period for the government's closely watched data on nonfarm payrolls for May.
The government is expected to report on Friday that employers hired 150,000 last month, according to a Reuters survey, after increasing payrolls by 244,000 in April.
Initial claims have been volatile in recent weeks as supply chain disruptions from the March earthquake in Japan caused temporary motor vehicle plant closures.
Claims have also been distorted by bad weather in some parts of the country and problems smoothing the data for seasonal variations.
A Labor Department official said there was nothing unusual in the state-level data, but noted that four states and territories, including Virginia and Oklahoma, had been estimated because of the Memorial Day holiday on Monday.
He also said Missouri had indicated that floods were affecting claims in the state, but provided insufficient information to quantify the impact.
The four-week moving average of new jobless claims, considered a better gauge of labor market trends, fell 14,000 to 425,500.
Initial claims have now been perched above the 400,000 mark for eight weeks in a row. Analysts normally associate that level with steady job growth.
The number of people still receiving benefits under regular state programs after an initial week of aid slipped 1,000 to 3.71 million in the week ended May 21.
Economists had expected so-called continuing claims to dip to 3.67 million from a previously reported 3.69 million.
The number of people on emergency unemployment benefits rose 3,363 to 3.42 million in the week ended May 14, the latest week for which data is available. A total of 7.68 million people were claiming unemployment benefits during that period under all programs.
Initial claims for state unemployment benefits slipped 6,000 to a seasonally adjusted 422,000, the Labor Department said. The prior week's figure was revised up to 428,000.
Economists polled by Reuters had forecast claims dropping to 415,000 from a previously reported count of 424,000.
The claims report falls outside the survey period for the government's closely watched data on nonfarm payrolls for May.
The government is expected to report on Friday that employers hired 150,000 last month, according to a Reuters survey, after increasing payrolls by 244,000 in April.
Initial claims have been volatile in recent weeks as supply chain disruptions from the March earthquake in Japan caused temporary motor vehicle plant closures.
Claims have also been distorted by bad weather in some parts of the country and problems smoothing the data for seasonal variations.
A Labor Department official said there was nothing unusual in the state-level data, but noted that four states and territories, including Virginia and Oklahoma, had been estimated because of the Memorial Day holiday on Monday.
He also said Missouri had indicated that floods were affecting claims in the state, but provided insufficient information to quantify the impact.
The four-week moving average of new jobless claims, considered a better gauge of labor market trends, fell 14,000 to 425,500.
Initial claims have now been perched above the 400,000 mark for eight weeks in a row. Analysts normally associate that level with steady job growth.
The number of people still receiving benefits under regular state programs after an initial week of aid slipped 1,000 to 3.71 million in the week ended May 21.
Economists had expected so-called continuing claims to dip to 3.67 million from a previously reported 3.69 million.
The number of people on emergency unemployment benefits rose 3,363 to 3.42 million in the week ended May 14, the latest week for which data is available. A total of 7.68 million people were claiming unemployment benefits during that period under all programs.
US factory orders broadly lower in April
WASHINGTON: New orders received by U.S. factories declined in April, partly because of a sharp drop in demand for transportation goods, according to a Commerce Department report on Thursday.
Overall orders fell 1.2 percent to a seasonally adjusted $440.4 billion after an upwardly revised 3.8 percent rise in March. That was steeper than the 1 percent fall that Wall Street economists surveyed by Reuters had forecast for April and implied some weakness in the factory sector that had performed relatively well until recently and helped support economic recovery.
Transportation orders plunged 9.3 percent in April, nearly wiping out a 10.6 percent rise in March orders. It was the sharpest falloff in monthly transportation orders since an 11.9 percent fall in December.
But order declines were widespread in April, affecting categories including primary metals, machinery, computers and electrical equipment in addition to cars and other transportation goods. '
Overall orders fell 1.2 percent to a seasonally adjusted $440.4 billion after an upwardly revised 3.8 percent rise in March. That was steeper than the 1 percent fall that Wall Street economists surveyed by Reuters had forecast for April and implied some weakness in the factory sector that had performed relatively well until recently and helped support economic recovery.
Transportation orders plunged 9.3 percent in April, nearly wiping out a 10.6 percent rise in March orders. It was the sharpest falloff in monthly transportation orders since an 11.9 percent fall in December.
But order declines were widespread in April, affecting categories including primary metals, machinery, computers and electrical equipment in addition to cars and other transportation goods. '
FBMKLCI Analysis 2/6/11
Despite the overnight drop in Dow and the bearish regional market, KLCI increased by 1.6 points to 1558 with a lower volume of only 0.72b shares. Apparently there were late support of the index at the last 10 minutes of trading session. The resistance of 1562 will be likely broken tomorrow, if volume can be increased.
Saturday, May 21, 2011
亚股续向熊市低头
（吉隆坡20日讯）由于全球经济不明朗、中国通货膨胀上升且政府可能进一步收紧货币政策，加上市场被担忧气氛笼罩着，导致周五的亚太股市收市时普遍走低。
基准上证综合指数收盘下跌1.11点至2858.46点，跌幅0.04%。该指数本周累计下跌0.4%。深证综合指数下跌0.4%至1192.66点。
港股全日窄幅上落，最多升79点，恒生指数收市报23199点升36.01点，成交577亿港元，比上日少8%。国企指数报12947点升12点。
美股周四收红，台股却仿佛陷入520魔咒中，今日早盘虽以红盘开出，盘面上以金融股及电子题材股表现为主，可惜在买盘不继下，指数震荡翻黑，撑盘的金融股、电子股也翻黑，中概股在卖压出笼下跌势相对沉重，盘中最低下探至8822.75点，终场则以8837.03点作收，下跌55.85点或0.63%，成交953亿9900万新台币。
由于未有利好消息的带动，东京股市也随外围股市下跌，日经225项平均指数收市时降13.74点或0.14%报9607.08点。
韩国成分指数涨15.99点或0.76%至2111.50点，澳洲交所普通股指数降20.50点或是0.42%挂4807.70点。
新加坡海峡时报指数跌4.02点或0.13%报3168.54点，泰国SET指数微降4.56点或0.42%至1072.94点。印尼雅加达综指挺涨13.14点或0.34%挂3872.95点，菲律宾PSE综指降12.77点或0.30%至4285.16点，越南胡志明股票指数跌11.98点或2.69%至432.87点。
基准上证综合指数收盘下跌1.11点至2858.46点，跌幅0.04%。该指数本周累计下跌0.4%。深证综合指数下跌0.4%至1192.66点。
港股全日窄幅上落，最多升79点，恒生指数收市报23199点升36.01点，成交577亿港元，比上日少8%。国企指数报12947点升12点。
美股周四收红，台股却仿佛陷入520魔咒中，今日早盘虽以红盘开出，盘面上以金融股及电子题材股表现为主，可惜在买盘不继下，指数震荡翻黑，撑盘的金融股、电子股也翻黑，中概股在卖压出笼下跌势相对沉重，盘中最低下探至8822.75点，终场则以8837.03点作收，下跌55.85点或0.63%，成交953亿9900万新台币。
由于未有利好消息的带动，东京股市也随外围股市下跌，日经225项平均指数收市时降13.74点或0.14%报9607.08点。
韩国成分指数涨15.99点或0.76%至2111.50点，澳洲交所普通股指数降20.50点或是0.42%挂4807.70点。
新加坡海峡时报指数跌4.02点或0.13%报3168.54点，泰国SET指数微降4.56点或0.42%至1072.94点。印尼雅加达综指挺涨13.14点或0.34%挂3872.95点，菲律宾PSE综指降12.77点或0.30%至4285.16点，越南胡志明股票指数跌11.98点或2.69%至432.87点。
Friday, May 20, 2011
JCY Q2 pre-tax profit drops to RM12.5m
JCY International Bhd's pre-tax profit for the second quarter ended March 31, 2011 dropped to RM12.52 million from RM66.23
million in the same period last year.
Revenue also decreased to RM397.43 million from RM549.69 million previously, the company said in a filing to Bursa Malaysia today.
For the six-month period, the company's pre-tax profit fell to RM20.08 million from RM144.02 million while revenue fell to RM836.34 million from RM1.08 billion.
It said the lower revenue was due to depreciating US dollar against ringgit and lower volume of components sold for the current quarter as a result of weaking global demand for Hard Disk Drive (HDD).
The lower pre-tax was mainly due to increase in the cost of production resulting from increase in the cost of raw materials like aluminium and stainless steel and also increase in labour cost, it added.
million in the same period last year.
Revenue also decreased to RM397.43 million from RM549.69 million previously, the company said in a filing to Bursa Malaysia today.
For the six-month period, the company's pre-tax profit fell to RM20.08 million from RM144.02 million while revenue fell to RM836.34 million from RM1.08 billion.
It said the lower revenue was due to depreciating US dollar against ringgit and lower volume of components sold for the current quarter as a result of weaking global demand for Hard Disk Drive (HDD).
The lower pre-tax was mainly due to increase in the cost of production resulting from increase in the cost of raw materials like aluminium and stainless steel and also increase in labour cost, it added.
Tuesday, May 17, 2011
屋价上扬贡献大 产业股盈利展望看俏
（吉隆坡16日讯）券商认为，产业抗通胀的特性、本地人口相对年轻，以及银行与发展商提供优惠配套等因素，将是产业价格扬升，进而利惠产业市场。
丰隆研究表示，建材价格高涨；加上本地的资金充裕，使具抗通胀特性的产业需求增加，带动产业价格高升，而这将使发展商的销售额及盈利上扬。在巴生谷一带，高捷工程激励蕉赖及加影产业发展商；柔佛方面则受到新马的关系改善而带动；至于槟城方面，土地贫乏但其产业二手市场活络；这些因素皆将带动产业价格上涨。
分析员指出，大多产业发展商（特别是小资本型业者）已被低估，并以重估净资产值显著折价进行交易；而获得大型工程的中小型发展商将是该领域的超越大市者，如高美达（Glomac，5020，产业组）和顺利实业（KSL，5038，产业组）。
此外，完成合并后的大型产业发展商，如马友乃德置地（UEMLand，5148，产业组）及阳光（Sunrise）、双威控股（Sunway，4308，建筑组）及双威城（Suncity，6289，产业组）等的出现，加上UOA发展的上市计划，都将重新激励投资者对产业股项的购兴。
尽管如此，原料价格和地价继续攀升，将侵蚀产业发展商的赚幅。
丰隆研究基于产业价呈上升趋势、加上高捷工程及雇员公积金局旗下双溪毛糯发展计划，为产业领域提供长期的催化激励作用，进而给予该领域“超越大市”评级。
该行首选高美达及顺利实业，分别给予两家公司2.40令吉及2.11令吉的目标价。两者皆获“买入”评级。
丰隆研究表示，建材价格高涨；加上本地的资金充裕，使具抗通胀特性的产业需求增加，带动产业价格高升，而这将使发展商的销售额及盈利上扬。在巴生谷一带，高捷工程激励蕉赖及加影产业发展商；柔佛方面则受到新马的关系改善而带动；至于槟城方面，土地贫乏但其产业二手市场活络；这些因素皆将带动产业价格上涨。
分析员指出，大多产业发展商（特别是小资本型业者）已被低估，并以重估净资产值显著折价进行交易；而获得大型工程的中小型发展商将是该领域的超越大市者，如高美达（Glomac，5020，产业组）和顺利实业（KSL，5038，产业组）。
此外，完成合并后的大型产业发展商，如马友乃德置地（UEMLand，5148，产业组）及阳光（Sunrise）、双威控股（Sunway，4308，建筑组）及双威城（Suncity，6289，产业组）等的出现，加上UOA发展的上市计划，都将重新激励投资者对产业股项的购兴。
尽管如此，原料价格和地价继续攀升，将侵蚀产业发展商的赚幅。
丰隆研究基于产业价呈上升趋势、加上高捷工程及雇员公积金局旗下双溪毛糯发展计划，为产业领域提供长期的催化激励作用，进而给予该领域“超越大市”评级。
该行首选高美达及顺利实业，分别给予两家公司2.40令吉及2.11令吉的目标价。两者皆获“买入”评级。
EON Cap declares dividend of RM5.16 per share
KUALA LUMPUR: EON CAPITAL BHD [] has declared a special tax exempt dividend of RM5.16 per share.
It said on Monday, May 16 the dividend will go ex on June 9 while the entitlement date is June 13.
It said on Monday, May 16 the dividend will go ex on June 9 while the entitlement date is June 13.
Monday, May 16, 2011
首季经济数据出炉 投资者谨慎入市
（吉隆坡15日讯）马股市本周看点是首季经济数据和4月份通胀率，有关数据将左右投资情绪，影响大盘走势。
美国上周连续两周收跌，加上周二（17日）卫塞节马股休市，全周仅4个交易日，分析师预计，该周走势或疲软，缺乏上升动力，投资焦点或分散在特定股项，非整体投资情绪或改善。
新股亮相
国家银行将在周二召开记者会，总裁丹斯里哲蒂博士亲自宣布首季经济数据，市场普遍预测，由于日本强震在首季后阶段，其冲击尚未完全反映在首季经济表现，估计成长率超出4%。
不过，通胀仍是我国经济发展的大敌，下半年要增长稳定，必须依靠经济转型执行方案的大型工程，和强劲的民间消费支撑。
宣布首季经济数据当天，统计局亦将一同公布4月消费价格指数（又称通胀率）。3月通胀率扬高至3%，创下23个月新高，市场较为担心是，非食品价格也已腾涨，面对沉重的通胀压力。
另外，马股本周有数亮点，包括新股超额认购达315倍的捷卡控股（IJACOBS），将在18日上市创业板，每股发售价27仙。
该公司发售3000万新股，其中200万股供公众认购，2800万股私下配售给指定投资者。
马石油（Petronas）上周五宣布，投资200亿美元（约600亿令吉）在柔佛兴建提炼和石油化工综合中心，石油天然气类股将持续受到市场关注。
与国贸资本（EONCAP，5266，主要板金融）完成并购的丰隆银行（HLBANK，5819，主要板金融），上周每天创纪录新高，全周劲涨2令吉，是否本周继续延烧，就得看它的承接力有多强。
上周，富马隆综指全周累积扬升25.24点，报1540.74点，本周料重探15550点。
各板成交表现 5月9日至14日
5月2日至7日 总成交量（股） 总成交值
（令吉）总成交量（股）总成交值
（令吉） 主要板 34亿4000万 65亿9000万 29亿5000万 52亿2000万
创业板 8亿5694万 2亿2153万 7亿2794万 1亿8318万
总计 42亿9694万 68亿1153万 36亿7794万 54亿318万
海外股市闭市起落
纽约道琼斯指数 12,595.80 -100.17
伦敦金融时报100项股 5,925.87 -19.09
美国上周连续两周收跌，加上周二（17日）卫塞节马股休市，全周仅4个交易日，分析师预计，该周走势或疲软，缺乏上升动力，投资焦点或分散在特定股项，非整体投资情绪或改善。
新股亮相
国家银行将在周二召开记者会，总裁丹斯里哲蒂博士亲自宣布首季经济数据，市场普遍预测，由于日本强震在首季后阶段，其冲击尚未完全反映在首季经济表现，估计成长率超出4%。
不过，通胀仍是我国经济发展的大敌，下半年要增长稳定，必须依靠经济转型执行方案的大型工程，和强劲的民间消费支撑。
宣布首季经济数据当天，统计局亦将一同公布4月消费价格指数（又称通胀率）。3月通胀率扬高至3%，创下23个月新高，市场较为担心是，非食品价格也已腾涨，面对沉重的通胀压力。
另外，马股本周有数亮点，包括新股超额认购达315倍的捷卡控股（IJACOBS），将在18日上市创业板，每股发售价27仙。
该公司发售3000万新股，其中200万股供公众认购，2800万股私下配售给指定投资者。
马石油（Petronas）上周五宣布，投资200亿美元（约600亿令吉）在柔佛兴建提炼和石油化工综合中心，石油天然气类股将持续受到市场关注。
与国贸资本（EONCAP，5266，主要板金融）完成并购的丰隆银行（HLBANK，5819，主要板金融），上周每天创纪录新高，全周劲涨2令吉，是否本周继续延烧，就得看它的承接力有多强。
上周，富马隆综指全周累积扬升25.24点，报1540.74点，本周料重探15550点。
各板成交表现 5月9日至14日
5月2日至7日 总成交量（股） 总成交值
（令吉）总成交量（股）总成交值
（令吉） 主要板 34亿4000万 65亿9000万 29亿5000万 52亿2000万
创业板 8亿5694万 2亿2153万 7亿2794万 1亿8318万
总计 42亿9694万 68亿1153万 36亿7794万 54亿318万
海外股市闭市起落
纽约道琼斯指数 12,595.80 -100.17
伦敦金融时报100项股 5,925.87 -19.09
Thursday, May 12, 2011
國油斥500億柔建油氣中心‧油氣業成贏家‧產業和建築“沾光”
（吉隆坡11日訊）國家石油（PETRONAS）將宣佈投資500億令吉在柔佛邊佳蘭的綜合油氣和石化廣場，分析員看好這龐大的投資不但能帶動油氣業，也令產業和建築業同步受惠，而柔佛州也因此得利，成為區域油氣中心，加強吸資能力。
由於投資油氣業，因此油氣公司有望競標合約，不過，除了油氣，這計劃也有助提昇柔佛地帶的產業價值，同時也讓建築業在建築投標方面分一杯羹。
允跨國外資公司聯營
根據報導引述消息說，國油會週五宣佈的綜合廣場計劃，除了有比格底更龐大的石油提煉和石油化學廠，最終也包括跨國油氣公司作為聯營伙伴。除了油氣活動，這綜合中心也包括天然氣發電和其他支持工業。
這項計劃是經濟轉型計劃下的啟動檳城項目之一，選擇邊佳蘭，主要是這裡的水深26公尺，是東南亞最深的，檳城港口只有10至12公尺、巴生西港只有14至16公尺，而甘馬挽碼頭只有18公尺。
戴樂成油氣領域最大受惠者
分析員說，這項計劃最大的受惠領域當然是油氣業，國油的大手筆投資，已經成油氣業最大激素；由於這計劃之前已經由戴樂集團（DIALOG, 7277, 主板貿服組）透露，只是規模比預期龐大，因此，戴樂集團將是此計劃下油氣領域最大受惠者。
戴樂集團獲取的合約是50億令吉的石油槽終站計劃，這佔地500英畝的邊佳蘭站預期在2017年全面完工。
興業研究說，戴樂集團預料也可獲取更多電機、採購和建築工程；其他主要受惠公司包括鵬達集團（PANTECH, 5125, 主板貿服組）和科恩馬集團（KNM, 7164, 主板工業產品組）。
大馬研究認為，在電機、採購和建築合約方面，其他投標者包括肯油企業（KENCANA, 5122, 主板貿服組）、丹絨岸外（TGOFFS, 7228, 主板貿服組）、睦興旺工程（MUHIBAH, 5703, 主板建筑組）和科恩馬集團。
國油化學國油氣體可分杯羹
馬銀行研究則預料國油化學（PCHEM, 5183, 主板工業產品組）和國油氣體（PETGAS, 6033, 主板工業產品組）也是大贏家。
國油氣體會因為供應氣體給新建天然氣發電廠而得利；至於國油化學會因稍後對石化需求增加，以及產能擴充而受惠。
柔佛吸資能力加強
聯昌研究認為，油氣領域當然得利最多，但是柔佛州也受惠不淺，有了這項龐大投資案，柔佛南部將成油氣和石化重鎮，有助吸引這方面的投資，包括外資跨國公司的前來；同時，柔佛毗鄰新加坡，新加坡是全球繼續倫敦和紐約後的第三大貿易中心，但土地有限，並且產業極之昂貴，可能部份投資者會選擇一堤之隔，但成本比較低的柔佛。
國油的這項油氣石化綜合廣場，歡迎外資加入，據知會與新加坡裕廊石化中心相當相似。
建築業分一杯羹
達證券表示，建築業也會因為這項500億投資案而分到甜頭，因為開發邊佳蘭，很許多土木工程，諸如道路、基建和大廈等。
不過，從過往記錄顯示，油氣計劃的土木工程通常落在中小型的建築公司，有兩家中型建築公司曾有油氣建築合約記錄，第一家是涉及沙巴油氣終站計劃的納因控股（NAIM, 5073, 主板產業組）；另一家是計劃參與汶萊油氣提煉廠的TRC協作（TRC, 5054, 主板建筑組）。
金輪佔地主之便受惠
金輪企業（KIMLUN, 5171, 主板建筑組）是柔佛公司，佔了“地主”之便，也會受惠；其他有能力提供電機建築工程而有望受惠的建築公司包括成榮集團（MUDAJYA, 5085, 主板建筑組）、睦興旺工程、聯熹（RANHILL, 5030, 主板建筑組）和吉朗（ZELAN, 2283, 主板建筑組）。
柔產業公司得利
馬銀行研究也看好產業公司可以因為柔佛州的進一步發展而得利，特別是在柔佛有產業計劃的公司，其中一家在邊佳蘭有龐大地庫的公司是馬化控股（MPHB, 3859, 主板貿服組），這地庫佔地4千641英畝，如果以4億6千900萬令吉脫售，可以獲利3億9千萬令吉。
怡保置地（IJMLAND, 5215, 主板產業組）在鄰近的SEBANA COVE有70%股權，有關土地達1千188英畝，計劃一項10年產業發展計劃，發展總值為14億令吉，產業價格在國油投資後，有望水漲船高。
由於投資油氣業，因此油氣公司有望競標合約，不過，除了油氣，這計劃也有助提昇柔佛地帶的產業價值，同時也讓建築業在建築投標方面分一杯羹。
允跨國外資公司聯營
根據報導引述消息說，國油會週五宣佈的綜合廣場計劃，除了有比格底更龐大的石油提煉和石油化學廠，最終也包括跨國油氣公司作為聯營伙伴。除了油氣活動，這綜合中心也包括天然氣發電和其他支持工業。
這項計劃是經濟轉型計劃下的啟動檳城項目之一，選擇邊佳蘭，主要是這裡的水深26公尺，是東南亞最深的，檳城港口只有10至12公尺、巴生西港只有14至16公尺，而甘馬挽碼頭只有18公尺。
戴樂成油氣領域最大受惠者
分析員說，這項計劃最大的受惠領域當然是油氣業，國油的大手筆投資，已經成油氣業最大激素；由於這計劃之前已經由戴樂集團（DIALOG, 7277, 主板貿服組）透露，只是規模比預期龐大，因此，戴樂集團將是此計劃下油氣領域最大受惠者。
戴樂集團獲取的合約是50億令吉的石油槽終站計劃，這佔地500英畝的邊佳蘭站預期在2017年全面完工。
興業研究說，戴樂集團預料也可獲取更多電機、採購和建築工程；其他主要受惠公司包括鵬達集團（PANTECH, 5125, 主板貿服組）和科恩馬集團（KNM, 7164, 主板工業產品組）。
大馬研究認為，在電機、採購和建築合約方面，其他投標者包括肯油企業（KENCANA, 5122, 主板貿服組）、丹絨岸外（TGOFFS, 7228, 主板貿服組）、睦興旺工程（MUHIBAH, 5703, 主板建筑組）和科恩馬集團。
國油化學國油氣體可分杯羹
馬銀行研究則預料國油化學（PCHEM, 5183, 主板工業產品組）和國油氣體（PETGAS, 6033, 主板工業產品組）也是大贏家。
國油氣體會因為供應氣體給新建天然氣發電廠而得利；至於國油化學會因稍後對石化需求增加，以及產能擴充而受惠。
柔佛吸資能力加強
聯昌研究認為，油氣領域當然得利最多，但是柔佛州也受惠不淺，有了這項龐大投資案，柔佛南部將成油氣和石化重鎮，有助吸引這方面的投資，包括外資跨國公司的前來；同時，柔佛毗鄰新加坡，新加坡是全球繼續倫敦和紐約後的第三大貿易中心，但土地有限，並且產業極之昂貴，可能部份投資者會選擇一堤之隔，但成本比較低的柔佛。
國油的這項油氣石化綜合廣場，歡迎外資加入，據知會與新加坡裕廊石化中心相當相似。
建築業分一杯羹
達證券表示，建築業也會因為這項500億投資案而分到甜頭，因為開發邊佳蘭，很許多土木工程，諸如道路、基建和大廈等。
不過，從過往記錄顯示，油氣計劃的土木工程通常落在中小型的建築公司，有兩家中型建築公司曾有油氣建築合約記錄，第一家是涉及沙巴油氣終站計劃的納因控股（NAIM, 5073, 主板產業組）；另一家是計劃參與汶萊油氣提煉廠的TRC協作（TRC, 5054, 主板建筑組）。
金輪佔地主之便受惠
金輪企業（KIMLUN, 5171, 主板建筑組）是柔佛公司，佔了“地主”之便，也會受惠；其他有能力提供電機建築工程而有望受惠的建築公司包括成榮集團（MUDAJYA, 5085, 主板建筑組）、睦興旺工程、聯熹（RANHILL, 5030, 主板建筑組）和吉朗（ZELAN, 2283, 主板建筑組）。
柔產業公司得利
馬銀行研究也看好產業公司可以因為柔佛州的進一步發展而得利，特別是在柔佛有產業計劃的公司，其中一家在邊佳蘭有龐大地庫的公司是馬化控股（MPHB, 3859, 主板貿服組），這地庫佔地4千641英畝，如果以4億6千900萬令吉脫售，可以獲利3億9千萬令吉。
怡保置地（IJMLAND, 5215, 主板產業組）在鄰近的SEBANA COVE有70%股權，有關土地達1千188英畝，計劃一項10年產業發展計劃，發展總值為14億令吉，產業價格在國油投資後，有望水漲船高。
Tuesday, May 10, 2011
KrisAssets 1Q net profit up 31% to RM35.44m
KUALA LUMPUR: KRISASSETS HOLDINGS BHD [] posted net profit of RM35.44 million in the first quarter ended March 31, 2011, which was a 31.2% increase from the RM27.01 million a year ago, mainly due to higher total rental income and lower finance and utility costs in the current quarter.
It said on Monday, May 9 the revenue increased by 7.7% to RM63.46 million from RM58.89 million. Earnings per share were 8.17 sen compared with 8.02 sen.
'For the current quarter ended March 31, 2011, the group's revenue, reflecting mainly the operations of Mid Valley Megamall, increased by 7.81% to RM63.5 million, compared with the corresponding period of RM58.9 million in 2010. This was mainly due to higher total rental income,' it said.
KrisAssets said pre-tax profit rose 27.8% to RM46.9 million compared with pre-tax profit of RM36.7 million a year ago.
When compared with the immediate preceding quarter ended Dec 31, 2010, group's revenue of RM63.5 million was a 2.75% increase from RM61.8 million. This was mainly due to higher total rental income in current quarter.
'The group recorded a pre-tax profit for the current quarter ended March 31, 2011 of RM46.9 million, representing 56.33% decrease, compared with pre-tax profit of RM107.4 million in the immediate preceding quarter. This was mainly due to recognition of revaluation surplus of RM70 million as fair value gain on investment property in the immediate preceding quarter,' it said.
KrisAssets also disclosed it had borrowings of RM448.32 million as at March 31, 2011.
It said on Monday, May 9 the revenue increased by 7.7% to RM63.46 million from RM58.89 million. Earnings per share were 8.17 sen compared with 8.02 sen.
'For the current quarter ended March 31, 2011, the group's revenue, reflecting mainly the operations of Mid Valley Megamall, increased by 7.81% to RM63.5 million, compared with the corresponding period of RM58.9 million in 2010. This was mainly due to higher total rental income,' it said.
KrisAssets said pre-tax profit rose 27.8% to RM46.9 million compared with pre-tax profit of RM36.7 million a year ago.
When compared with the immediate preceding quarter ended Dec 31, 2010, group's revenue of RM63.5 million was a 2.75% increase from RM61.8 million. This was mainly due to higher total rental income in current quarter.
'The group recorded a pre-tax profit for the current quarter ended March 31, 2011 of RM46.9 million, representing 56.33% decrease, compared with pre-tax profit of RM107.4 million in the immediate preceding quarter. This was mainly due to recognition of revaluation surplus of RM70 million as fair value gain on investment property in the immediate preceding quarter,' it said.
KrisAssets also disclosed it had borrowings of RM448.32 million as at March 31, 2011.
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