Good results but Maybank said its earning disappoint. Sometime, I wonder if those analysts got any hidden interests in some of the counters that it is covering.
It depends how you interpret the results base of the facts of ' 1Q14 net profit of MYR5.6m (+75% YoY, -85% QoQ)'. It would rather disappointing while comparing with 4Q13.
Malaysian palm oil futures slid to their lowest in four-and-a-half months on yesterday as the ringgit continued to advance and amid worries that festival-driven demand will fizzle out faster than expected. The benchmark August contract on the Bursa Malaysia Derivatives Exchange touched RM2,490 in early trade, its lowest since Jan. 15, before settling at RM2,508 per tonne at Monday's close, down 0.4%. (Reuters)
Based on the analyst coverage this year, only MIDF put a buy call while the others (AMMB,RHB,Maybank) put a sell call. I wonder if it will similar call from them for this current Q2 result.
The latest update said they are looking at B7 instead of B5. Anyway, it s just a target set by the Government. Whether it is attainable, that's another question.
OTHERS TH PLANTATIONS BERHAD ("THP" or the "Company") Sukuk Murabahah Programme of up to RM1.0 Billion in Nominal Value with Lembaga Tabung Haji ("Sukuk Murabahah Programme - RM1.0 Billion")
This book is the result of the author's many years of experience and observation throughout his 26 years in the stockbroking industry. It was written for general public to learn to invest based on facts and not on fantasies or hearsay....
redwed
335 posts
Posted by redwed > 2014-05-22 10:08 | Report Abuse
http://i.imgur.com/7kDZ0NN.jpg 33% profit rise from 1Q13