Stock Market Books

Wednesday, March 3, 2010

SP Setia revised sales target

4/3 Overnight Dow eased 9.22 points, or 0.09 pct to 10,396.76 but crude oil futures jumped USD 1.19 a barrel to USD 80.87.

3/3 Pharmaniaga subsideary, Pharmaniaga Manufacturing has received a letter on revocation of its manufacturing licence effective March 1, by MOH.

On 4/3 at 3.55pm, Pharma is priced at 4.40 down 6 cts. The high was at 4.60. Would it continue to drop?

3/3 SP Setia revised sales target for year ending Oct 31, 2010 to RM 2bil from an intial RM 1.65 bil backed by sales of RM 608mil in Q1, said CEO.


On 4/3 at 4.04pm, SP Setia is priced at 4.29. It was 3.88 on Feb 22, 2010.

3/3 Australia's GDP grew 0.9% in fourth quarter vs the third quarter, the fastest pace in almost 2 years, said statistics bureau.

1/3 Malaysia's palm oil exports fell 19% to 1.2 million tonnes in February versus a month earlier, said independent market surveyor Intertek.

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