Archive for August, 2013

SIME–Fundamental Analysis (31 Aug 2013)

Saturday, August 31st, 2013

SIME – Q4 2013 Financial Report (http://www.bursamalaysia.com/market/listed-companies/company-announcements/1393649) on 29 Aug 2013 Analysis Report – http://lcchong.files.wordpress.com/2013/08/sime-q4-2013.pdf or http://lcchong.wordpress.com/knowledge-sharing/ Tagged: FBMKLCI, Fundamental Analysis, KLSE, SIME, SIME DARBY BHD L. C. Chong’s Investment and Trading Blog

Mostly up after US growth data

Saturday, August 31st, 2013

HONG KONG: Asian markets mostly rose yesterday following upbeat United States economic growth data and easing concerns about an imminent strike on Syria, although gains were capped by mild profit-taking following the previous day’s gains. The quiet trade brought an end to a torrid month for global shares and currencies dominated by fears over the […]

‘IILM sukuk will do well’

Saturday, August 31st, 2013

STANDARD Chartered Bank (StanChart) is optimistic that International Islamic Liquidity Management Corp (IILM)’s inaugural US$ 490 million (RM1.61 billion) sukuk will be widely accepted, given its wide network and the high demand. StanChart head of global markets and co-head of wholesale banking, Leon Koay, said IILM’s sukuk is the first syariah-compliant US dollar-denominated financial instrument […]

JStock Buffett, Follow experts to invest

Saturday, August 31st, 2013

JStock Buffet is a virtual stock investment platform to copy investment patterns from experts. You can know what local experts are currently buying and selling. Follow them to invest and profit from stock market. Work is still in progress. However, if you are interested, you may subscribe to http://jstock.launchrock.com/ Lowyat.NET: Latest topics in Stock Exchange

RM645.8m Q2 net for Axiata

Saturday, August 31st, 2013

KUALA LUMPUR: Axiata Group Bhd posted a lower net profit of RM645.77 million for the second quarter ended June 30, from RM666.63 million recorded in the same period last year. The 3.28 per cent drop was mainly due to weaker contributions from its Indonesia-based PT XL Axiata Tbk as well as higher foreign exchange losses […]

Did You Miss This?

Saturday, August 31st, 2013

Yes, my fellow Ipoh-mali, Patrick Teoh, is back on the airwaves. Nothing controversial this time … but he did touch on Rose Chan lol. Patrick spun songs for two hours which were popular when we were celebrating our Merdeka for the first time. Though I am not a big fan of the 50s, it was […]

AEON–Fundamental Analysis (31 Aug 2013)

Saturday, August 31st, 2013

AEON – Q2 2013 Financial Report (http://www.bursamalaysia.com/market/listed-companies/company-announcements/1393253) on 29 Aug 2013 Analysis Report – http://lcchong.files.wordpress.com/2013/08/aeon-q2-20131.pdf or http://lcchong.wordpress.com/knowledge-sharing/ Tagged: AEON, AEON CO. (M) BHD, FBMKLCI, Fundamental Analysis, KLSE L. C. Chong’s Investment and Trading Blog

Malindo spreads wings to Indonesia

Saturday, August 31st, 2013

KUALA LUMPUR: Malindo Air, the Malaysian hybrid airline, is set to spread its wings to Indonesia, marking its first entry into the country with two daily routes beginning September 23. The carrier will start daily flights from Kuala Lumpur to Jakarta and Bali from September 23 and 26, respectively. The all-inclusive fares will start from […]

Climbs on Wall St rally

Saturday, August 31st, 2013

SHARES ended 0.12 per cent higher yesterday after a second straight rally on Wall Street as dealers cheered data showing the United States economy grew faster than first thought. The benchmark Hang Seng Index added 26.59 points to 21,731.37 on turnover of HK$ 50.48 billion Bank of China fell 0.6 per cent to HK$ 3.26 […]

Fiscal deficit on track to be cut to 4pc

Saturday, August 31st, 2013

KUALA LUMPUR: Malaysia’s fiscal deficit is on track to be reduced to four per cent this year from 4.5 per cent last year, said Second Finance Minister Datuk Seri Ahmad Husni Hanadzlah. There is a transparent, well-phased and well-calibrated timetable to narrow the fiscal deficit. “We intend to stick to our targets. I do not […]