KL Market

Nah.. it’s not breaking news no more. Some aren’t even interested in this anymore.But…. for those who are still interested… here’s the weekly update!Americans have taken out some 4.313 Billion from the equity markets!Here’s my table keeping track of what’s happening…And yes… some 58 (57.7) Billion USD have caught the last train for the coast… the day the music …. And if you have been c……
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KNM reported its earnings on 30th Aug 2010. And as expected, it wasn’t nice at all.LOL! ‘And as expected’?Well … seriously what do you expect from the company when the management was more focused on trying to buyout the company? Yes, where is the company’s focus? What’s the company’s priority?Is the company focused on making more money?Was it?Apparently the company’s management was more focused ……
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Blogged several times before12 Aug 2010: Swee Joo In Deep WaterFeb 2010: More Losses Recorded By Swee Joo! Dec 2009: Review of Swee Joo’s Earnings Aug 2009: Featured Report: KN on Swee Joo ** Aug 2009: A Quick Look At Swee Joo’s Earnings Jul 2009: iCapital And Swee Joo Feb 2009:Update On Swee Joo’s Earnings Nov 2008: Shipper Swee Joo Announces LossesSwee Joo announced its earnings on 30th Aug 2010……
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I had mentioned before the fact that AirAsia’s subsidiaries owes AirAsia a lot of small change!In the posting on 19th Aug 2010: Review Of AirAsia EarningsI would like to see AirAsia collect all the money due from its associates! It’s no small change.1 June 2010: How Good Is AirAsia’s Latest Earnings?Look at all the amount due from ‘jointly controlled entity’ and amount due from associates.The sum ……
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JCY was listed on 25 Feb 2010. It’s performance since listing (ipo price was 1.60) have been rather dire.Now UBS AG and CIMB are joint managing underwriters and bookrunners for the IPO.And since this is a very ‘new’ stock, I would refer to CIMB Research IPO notes on JCY.But there was not IPO research notes on JCY from CIMB Research!They only began coverage on the stock on 19th April 2010. JCY then……
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Given the fact that I had already made two blog postings on London Biscuits, I felt no motivation to make another posting until I saw the following coverage on the Edge Financial Daily: Did London Biscuits sell the wrong ‘egg’?Yes, until I saw the following statement in that article.The company currently sits on a cash pile of RM15.61 million. Its borrowings, which consists of term loans, bank……
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Fajarbaru reported its earnings last night. This posting is an update to the following two postings.A Quick Look At Fajarbaru BuilderFajarbaru Venturing More Into Property Development Here’s the updated table.At first glance the earnings looked to good. :PFrom the company’s earning notes.The Group registered a profit before tax of RM13.735 million for the current quarter as compared to the precedi……
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K-Star was just listed recently and yes it has the same story that’s needed to be told all over again.. sigh.Here’s OSK IPO coverage of K-Star.The right stuff was mentioned!The so-called growth story and for K-Star, it’s the double digit growth.The low PE valuations.And how do they play the LOW PE VALUATIONS again?Easy!As can be seen in the earnings estimate above, OSK estimated a net profit of 52……
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It’s about an year ago, 18 Aug 2009, I wrote the following posting: Featured Report: Kenanga On Sino Hua-AnLet me highlight what I wrote then….. >>>>>>>>>>>>>>>>>>>>>>Last night Hua-An’s lost some 13.279 million and year-to-date losses were 36.911 million.And Hua-An stock price is also 0.545. :p2Despite losing money, Kenanga insist that the prospect is bright! (losing less money is good eh?)Viol……
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Since I had blogged on London Biscuit the other day in the posting Review Of London Biscuit and London Biscuit is currently suspended because of its disposal of its stake in Lay Hong.The disposal.Further to the announcement made on 23 August 2010 pertaining to the above mentioned matter, the Board of Directors are pleased to inform that :-i) The total consideration is RM11,851,759.89; andii) The h……
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