Archive for November, 2013

Key index declines 0.31pc

Saturday, November 30th, 2013

THE Straits Times Index (STI) ended 10.02 points, or 0.31 per cent, lower to 3,176.35, taking the year-to-date performance to 0.29 per cent. The FTSE ST Mid Cap Index gained 0.12 per cent while the FTSE ST Small Cap Index declined 0.10 per cent. Of the actives, SingTel lost 0.54 per cent, DBS climbed 0.23 […]

Blue chips boost local market

Saturday, November 30th, 2013

SHARES on Bursa Malaysia ended 0.28 per cent higher yesterday, lifted by gains in heavyweights. The FTSE Bursa Malaysia KLCI (FBM KLCI) improved 5.12 points to 1,812.72, after hovering between 1,804.27 and 1,812.72. Among heavyweights, Petronas Dagangan soared 76 sen to RM31.20, Petronas Gas surged 26 sen to RM23.86, Hong Leong Financial rose 16 sen […]

TENAGA–Fundamental Analysis (30 Nov 2013)

Saturday, November 30th, 2013

TENAGA Analysis – http://lcchong.files.wordpress.com/2013/11/tenaga-q4-2013-fye.xlsx Latest Financial – 2013 Annual Report (21 Nov 2013) http://www.bursamalaysia.com/market/listed-companies/company-announcements/1468573 Note that: I don’t know how TENAGA do their accounting. TENAGA always restate their previous financial years’ results, and the differences are sometimes very significant. Power energy is the current theme. Our beloved government surely will increase tariff next year! Investing […]

MK Land upbeat on 2014 outlook

Saturday, November 30th, 2013

PROPERTY developer MK Land Holdings Bhd is confident that its project launches next year will easily hit the RM700 million mark, said its group chief executive officer Lau Shu Chuan. “In fact, if the market is good, the figure may be higher,” he said after the company’s 34th annual general meeting (AGM), here, yesterday. The […]

Supermax,

Saturday, November 30th, 2013

Any opinions on this counter?It has shown consistent quarterly reports Lowyat.NET: Latest topics in Stock Exchange

Hunza Properties chairman steps down from board

Saturday, November 30th, 2013

GEORGE TOWN: Hunza Properties Bhd (HPB) chairman and executive director Datuk Khor Teng Tong has stepped down from the property development company he formed 35 years ago. The company’s board has elected independent non-executive director Datuk Zubir Ali as chairman. Yesterday, the board saw its members increase to 11 from seven previously. Khor, who remains […]

Censof plans to add synergy to Time Eng

Saturday, November 30th, 2013

PETALING JAYA: Censof Holdings Bhd will go all out to add value to newly-acquired Time Engineering Bhd by leveraging on and synergising each other’s strengths so that both can grow organically. In September, Censof bought Khazanah Nasional Bhd’s entire 45.03 per cent stake in Time Engineering at RM0.20 per share for RM69.82 million cash as […]

Penang project lift for SP Setia

Saturday, November 30th, 2013

The upscale development project, which straddles Penang’s famous seafront promenade Gurney Drive, Lorong Burma and Jalan Kelawei, is set to be …

Higher against US dollar

Saturday, November 30th, 2013

KUALA LUMPUR: The ringgit closed higher against the US dollar yesterday as investors reduced their holdings in the greenback ahead of the weekend, dealers said. At 5pm, the ringgit was quoted at 3.2215/2245 to the dollar from Thursday’s 3.2314/2340. The ringgit also closed higher against other major currencies. The local unit appreciated against the Singapore […]

Boustead Q3 pre-tax profit jumps25pc to RM97.5m

Saturday, November 30th, 2013

KUALA LUMPUR: Boustead Holdings Bhd’s earnings rose 25.1 per cent to RM97.5 million in the third quarter (Q3) ended September 30 2013 from RM77.90 million a year ago. The conglomerate, in which the Armed Forces Fund Board (LTAT) has a major stake, said yesterday its pre-tax profit of RM159.2 million represented an improvement of 20 […]