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2012-09-19 09:51 | Report Abuse
MIDF Research upgrades Rubber Glove sector to Positive
Written by theedgemalaysia.com
Wed Sep 19 2012 8:50:50 AM
KUALA LUMPUR (Sept 19): MIDF Research has upgraded its rating for the Rubber Glove sector to Positive and said that with the easing of latex and nitrile prices, sustainable demand growth, and relatively stronger USD, it anticipates the profitability of the rubber glove producers to improve substantially in 2HCY12.
In a note Wednesday, it reiterated its Buy calls for all the stocks under the sector, except for Top Glove, which had been put under review due to the significant movement in stock price for the past few months.
“We expect the glove players will each benefit significantly from the much improved operating environment.
“At the current prices, we believe each one of them still offers significant appreciation potential over the coming 12 months,” it said.
2012-09-18 19:28 | Report Abuse
WCT, IJM, Mudajaya to gain from TRX project with RM26b GDV
Written by Ho Ching-Ling of theedgemalaysia.com
Tue Sep 18 2012 6:46:25 PM
KUALA LUMPUR (Sept 18): Property developers with developments or landbanks located around the area of upcoming financial hub Tun Razak Exchange (TRX) will stand to benefit from the mega project by 1Malaysia Development Bhd (1MDB).
UOB KayHian, in a research note, maintains its "marketweight" call on the property sector after meeting with the management of 1MDB to discuss the TRX development, a project expected to generate a gross development value (GDV) of RM26 billion in the next 15 to 20 years.
"Other than being located in a prime area, the development (TRX) will also feature a dedicated MRT station, and an existing and upcoming network of public transportation systems," said Jonathan Lai, analyst at UOB KayHian.
"In our opinion, the potential winner is WCT, who can leverage on its expertise and track record from previous jobs in Iskandar, while KLIA and Vale to stand a better chance in securing the earthwork packages. Other potential winners are IJM Corp and Mudajay, we believe."
"These will greatly benefit developers who have developments or landbanks around the area, which include Sunway and Boustead," Lai added.
According to Lai, ground clearing works have already commenced and physical construction of the first phase is expect to kick off by mid-2013 with an estimated GDV of RM5 billion to RM6 billion.
"We understand there are about three packages comprising earthwork, basement and civil works in phase one. We believe that the earthwork packages could be significant, with packages valued at RM500 million to RM1 billion in total," Lai said.
2012-09-15 13:52 | Report Abuse
Ok. Thanks. Please share again when it is implemented later. tqvm.
2012-09-15 13:21 | Report Abuse
very informative. Thanks a lot for that KC. In that case, I will buy more (of course at my own risk). Thanks to Bro Chong too.
2012-09-15 11:44 | Report Abuse
Hi KC, what is ur TP for this counter?
2012-09-15 11:24 | Report Abuse
RFID for bird nest to China to be removed!! Any impact ?
2012-09-14 17:31 | Report Abuse
Hi guys, what is ur TP? Can share ?
2012-09-13 09:54 | Report Abuse
The price will dilute after BI. By then how much will it be after dilution ? Can advice ?
2012-09-10 21:44 | Report Abuse
The dividend entitlement date is 13 Sept 2012. So I can only sell after this date in order to earn the dividend ?
2012-09-09 21:39 | Report Abuse
Okay. Thanks a lot. Appreciate that :)
2012-09-09 18:31 | Report Abuse
4.81 divided by 8.29 ? So good or bad?
2012-09-08 13:11 | Report Abuse
Midas, the recent price should refer to which date ?
2012-09-07 15:21 | Report Abuse
How to derive the price of the proposed warrant D?
2012-09-07 11:00 | Report Abuse
I will hold till I tasted the victory.
2012-09-07 07:13 | Report Abuse
KC, I tot agreement to b signed with CHINA for bird nest issue also involves RFID?
2012-09-06 23:32 | Report Abuse
If agreement signed on 20 Sept 12, all of us Tua Huat .....
2012-09-06 23:27 | Report Abuse
Just hold la... Always go for long term investments. Don't worry n b happy bro n sis.
2012-09-06 20:36 | Report Abuse
What will be the impact of the value after bonus issues ?
2012-09-05 19:00 | Report Abuse
What is the different btw Ex-date & Entitlement date ?
2012-09-05 18:32 | Report Abuse
Confirm got bonus issue? Can buy for long term ? Pls advice..
2012-09-05 14:20 | Report Abuse
I bought Maxis at 5.42. Sold very early.
2012-09-05 11:56 | Report Abuse
Y the qtrly report still unreleased ?
2012-09-05 11:51 | Report Abuse
What is the best price to collect?
2012-09-04 16:53 | Report Abuse
Very useful information for me. Thanks a lot buddy.
2012-09-04 16:32 | Report Abuse
Thanks. I m looking at the dividend yield as well. Can advice?
2012-09-02 21:21 | Report Abuse
Actually I wanted to have a rest by looking for good dividend yield counter(s) and also for long term investment. Ya! Rest... Sounds like big player lol. Just wanna get rid of the worries as u said.
2012-09-02 21:17 | Report Abuse
Thanks for all the advices. I am a prudent investor (small). I am looking for another Public Bank Berhad. Hope DIGI is the one.
2012-09-02 20:16 | Report Abuse
If wanna buy for dividend, can enter now? Any
Sifu can advice on this ?
2012-09-01 19:53 | Report Abuse
The company is doing well every year. Don't worry!
Stock: [CDB]: CELCOMDIGI BERHAD
2012-09-19 18:05 | Report Abuse
Reduced in par value! Any impact ?