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Friday, February 25, 2011

Bursa approves Inari's ACE listing

Published: Friday February 25, 2011 MYT 10:22:00 AM
Updated: Friday February 25, 2011 MYT 11:53:38 AM
Bursa approves Inari's ACE listing

PETALING JAYA: Electronic manufacturing services provider in the semiconductor industry, Inari Bhd has received the approval from Bursa Malaysia Securities Bhd to list on the ACE Market.

Inari is a 44% associated company of Insas Bhd. The company is expected to list in the second quarter of 2011.

Inari provides semiconductor packaging services for global players in radio frequency mobile industry, which include backend wafer processing and radio frequency testing.

Its finished products are System in Package and Quad Flat No-Lead, key components used in the manufacturing of a wide range of electronic products.

油價漲至113美元

更新: February 25, 2011 17:46

油價漲至113美元
(紐約25日訊)利比亞發生大規模騷亂,令該國石油供應不確定性增加,國際油價聞訊衝至113美元(346.60令吉)!

全球電子交易系統顯示,紐約商品交易所(NYMEX)4月份原油期貨上漲1.67美元(5.07令吉),至每桶98.95美元(303.50令吉)。

4月份布蘭特原油期貨盤中更上漲2.55美元(7.82令吉)或2.3%,至每桶113.91美元(349.40令吉)!

市場擔心世界原油供應未來有可能出現大規模中斷,24日的紐約市場原油價格盤中一度超過100美元(303令吉)。這是2008年10月以來美國原油價格首次達到100美元。

原油期貨原在本週初自2年來高點回落,因沙地阿拉伯、美國以及國際能源署(IEA)試圖令市場相信全球石油供應依然充足。

但政治動亂持續,如今油價再次開始回升,表明交易員仍擔心利比亞騷亂可能向其他產油鄰國蔓延。

Tuesday, February 22, 2011

Axiata Group net loss RM367m in 4Q on impairments vs net profit RM558m yr ago

Axiata Group net loss RM367m in 4Q on impairments vs net profit RM558m yr ago PDF Print E-mail
Written by Joseph Chin of theedgemalaysia.com
Wednesday, 23 February 2011 14:19
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KUALA LUMPUR: Axiata Group Bhd posted net loss of RM367.04 million in the fourth quarter ended Dec 31, 2011 compared with a net profit of RM558.28 million a year ago, mainly due to impairment recorded in the current quarter.

The telco said on Wednesday, Feb 23 the net loss of RM367.04 million was loss attributable to the owners of the company.

“The group loss after tax was RM260.8 million, decreased by 143.3% from profit after tax of RM602.4 million reported in 4Q09. This was mainly due to impairment recorded during the current quarter,” it said.

“Depreciation, amortisation and impairment in current quarter increased by RM982.6 million mainly resulted from the impairment on the investment in an associate,” it said.

Axiata said operative revenue was RM4.016 billion compared with RM3.755 billion a year ago.

However, for FY10, it posted net profit of RM1.77 billion which was attributable to the owners of the company versus RM1.65 billion in FY09. Profit after tax was RM2.116 billion compared with RM1.756 billion in FY09.

Revenue was RM15.62 billion in FY10 compared with FY09’s RM13.31 billion.

Monday, February 21, 2011

法定儲備或調高吸走80億 哲蒂:有待評估

更新: February 21, 2011 17:42

法定儲備或調高吸走80億
哲蒂:有待評估

報導:伍詠敏

(吉隆坡21日訊)市場揣測,國家銀行將在下月提高銀行的法定儲備要求(SRR)至2%,此舉將吸走體系內80億令吉游資;唯國家銀行總裁丹斯里哲蒂今日說,上調法定儲備要求有待評估后才決定。

分析員說,目前區域各國為對抗通貨膨脹的壓力,央行都紛紛採取貨幣緊縮措施,大馬也無法倖免。

但基于國內通脹情況較授控制,加上國行早前先發制人的措施奏效可以遲些升息,就能通過上調法定儲備要求來吸走游資。

哲蒂今日推介“彭博社”回教金融平台(ISLM)后披露“法定儲備要求是為管理市場流動的工具,我們將會進行評估,若有必要調整,需視市場方向而定。”

另一廂,馬銀行(MAYBANK,1155,主要板金融)總執行長拿督斯里阿都瓦希則認為,法定儲備要求對業務的影響,還得胥視國行調整的幅度。

貸款成長或減1%

此外,馬銀行投資銀行在分析報告中預測,國家銀行將在下月上調法定儲備要求至2%。

報告指出,由于本地通脹至今相對溫和,及國行去年上調隔夜政策利率3次,使存款者仍獲得正面回酬,分析員相信,國行還有時間,料不會急在3月11日升息,卻會通過上調法定儲備要求100個基點,吸走游資。

該分析員說:“若法定儲備要求提高至2%,可能抽走銀行體系內75至80億令吉游資,導致銀行貸款增長率下滑0.9%至1.3%。”

無論如何,他認為,銀行貸款增長料不受影響,因利率趨升將抵銷法定儲備要求上漲的衝擊。

第十大馬計劃及經濟轉型執行方案開跑,會為該領域帶來上漲潛能。國內銀行領域今年內貸款增長率料達10%至11%。

分析員也相信,貸款利率將隨著升息上調,而且較存款利率高。

他說:“除了AMMB控股(AMMB,1015,主要板金融),基于低成本基金及更多元化的貸款利率配套,大部分銀行將受惠,尤其馬銀行(MAYBANK,1155,主要板金融)及聯昌集團(CIMB,1023,主要板金融)。”

銀行領域的下滑風險是國行的貨幣緊縮政策較預期嚴謹。

Friday, February 18, 2011

龍虎榜--2月14日在光明日報刊出

龍虎榜股項 代號 高 低 支持 阻力 開 閉 14日平均價

1.東益電子(GTRONIC) 7022 1.73 0.875 1.09 1.26 1.12 1.12 1.15
分析員相當看好智慧型電話與電腦,將成為驅動東益電子成長的主要因素,因此,分析員給予該股“買進”評級,目標價定為1.40令吉。

2.大馬機場(AIRPORT) 5014 6.35 4.66 5.99 6.35 5.99 6.02 6.11
該公司2010年乘客流成長12.65%符預期,但礙於經濟成長欲振乏力,分析員維持2011與2012財政年乘客流增長放緩到8.6%與5.6%,盡管如此,仍看好航空需求動力。

3.達洋企業(DAYANG) 5141 3.11 1.65 2.06 3.11 2.35 2.27 2.72
該公司宣佈獲得國油勘探頒發一項為期5年的鑽油平台架構保養維修服務第一配套(即沙砂及半島營運)的工程服務合約,總值估計約8億零200萬令吉。

4.大展控股(GUH) 3247 1.29 0.94 1.12 1.29 1.17 1.20 1.17
該公司2010年股價飆升15%,分析員看好電路板核心業務持續成長,而房產、種植等業務有望為任何逆勢帶來扶持,預見股價仍有進一步上漲空間。

5.東方太平洋(EPIC) 8265 2.62 1.50 2.28 2.62 2.49 2.38 2.37
該公司凈利按年增長25%至5300萬令吉符預期,分析員雖上調該公司未來兩年凈利預測5至10%,但短期欠缺催化劑。該公司的終期股息達4仙,該公司現有總現金達1億100萬令吉,凈現金按年增長17%到7900萬令吉,相等於每股46仙。

Thursday, February 17, 2011

GDP growth in 2010 exceeded 6 %, hints PM

Published: Thursday February 17, 2011 MYT 11:11:00 AM
Updated: Thursday February 17, 2011 MYT 3:34:31 PM
GDP growth in 2010 exceeded 6%, hints PM

KUALA LUMPUR: Prime Minister Datuk Seri Najib Tun Razak hinted Thursday that the country's Gross Domestic Product (GDP) growth for 2010 may exceed 6%.

The official GDP figures will be announced Friday, he told reporters after officiating a programme to enhance Dewan Negara's activities, at Parliament House here.

Asked if Malaysia was capable of recording double-digit growth in future, Najib, who is also Finance Minister, said: "No, we cannot. Because you must remember that the Malaysian economy is much bigger than it was 20 years ago.

"As we approach to become a matured economy, we cannot get double-digit (growth) but we can get reasonably high. And, I think 6% is considered a very creditable performance.

"We have to be realistic. No developed nation can achieve double-digit."

Najib also said Malaysia was capable of attaining developed nation status and become a high-income economy in 2020 as the country was a major trading nation.

"I think we can (achieve the status), subject to the external environment.

"If external demand is not strong, then this can affect Malaysia's economic performance.

"If external factors are positive, we can attain moderately positive growth, though not phenomenal. God willing, it can be achieved," Najib added. - Bernama

Tuesday, February 8, 2011

龍虎榜2月7日于梹城光明日報刊出

股項 代號 高 低 支持 阻力 開 閉 14日平均價

1.MTD資本(MTD) 9032 11.80 2.88 9.54 11.80 10.30 9.99 9.58
獲2位董事以35億2500萬令吉現金高價收購旗下2家公司的MTD資本,派發特別股息機率大增。

2.雲頂(GENTING) 3182 11.98 6.20 10.30 11.98 10.80 11.34 11.40
市場傳出雲頂有意以18億令吉至25億令吉收購丹絨旗下馬彩池(PMP),傳出時,此股不起反跌。

3.阿末查基資源(AZRB) 7078 1.34 0.74 1.05 1.34 1.14 1.15 1.17
此公司接獲房屋與地方政府部一項1億2500萬令吉合約,主要負責在瓜拉登嘉樓建設政府組屋,該建築計劃包括建設3棟17層高政府組屋,共1002個單位,合約長達30個月。

4.金務大(GAMUDA) 5398 4.26 2.67 3.46 4.26 3.85 3.87 3.95
金務大宣佈,國家基建公司(SPNB)委任MMC機構——金務大聯營公司,為巴生河流域捷運計劃(MRT)的工程交付合作伙伴(PDP)。

5.達雅集團(DAYA) 0091 0.32 0.16 0.235 0.29 0.255 0.275 0.25
達雅集團與NCHO公司簽署聯營協議,以進行油輪清洗、維修工程。

Wednesday, February 2, 2011

展望二月股市 金融油氣消費股有作為

更新: February 2, 2011 17:19

展望二月股市
金融油氣消費股有作為
(吉隆坡2日訊)1月份馬股尾隨大部分區域股市表現后勁不足,但僑豐投資研究看好,馬股基本面尚完好,因此預計2月份潛藏回彈力道,尤其看好金融、油氣及消費相關領域股項。

該行報告指出,馬股在1月份上半場受大型股項帶動表現強勁后,在下半場卻基于通脹及外圍貨幣緊縮憂慮拖累,外加資金已回流已開發國家,以致出現盤整表現平平。

本月份,備受看好的股項將依然有上個月受各利好催化的油氣領域相關股項。

隨著2010年第四季財報也相繼出爐,料在市場分析員相繼調整各公司收益預測后,市場會受到提振,將可帶動市場買氣,尤其是金融及消費領域如零售、航空及媒體。

該行也預計,外資流入會先帶動大型股項,之后套利后就會帶動落后的油氣、房地產及建築領域的小型股項。

自去年8月份以來就成功預估市場走勢的僑豐投資研究承認,1月份的預測確實出現閃失,只測中了1月份上半場,上個月5只心水股中,目前仍有4只股表現落后大市。

2月份,該行也看好近期走跌的股項如聯昌集團(CIMB,1023,主要板金融)、肯油企業(KENCANA,5122,主要板貿易)及實達集團(SPSETIA,8664,主要板房產)有望回彈,所以保留以上3只心水股。

該行也替換馬銀行(MAYBANK,1155,主要板金融)亞通(AXITA,6888,主要板貿易),由亞洲航空(AIRASIA,5099,主要板貿易)及柔佛醫藥(KPJ,5878,主要板貿易)取代。

亞洲航空獲看好會宣佈強勁業績,所以看好該股走勢,柔佛醫藥則是具潛在爆發力的落后股項,因此也備受看好。