Monday, April 1, 2013

News Bits | 1 April 2013


IDEAS OF THE DAY (SEE SEPARATE REPORTS FOR DETAILS)
l  Sector Update: Plantation
l  Quick Bites: HLBANK, MPHB
l  Monthly Technical Review: Third Straight Month of Gains!
l  Economic Viewpoint: Money Supply & Loans Feb’13
 
NEWS HIGHLIGHTS
l  Bernas appoints new CEO
l  Sentoria to open largest Safari park by mid-2013
l  LB Aluminum Bhd 3Q profit soars
l  Astino records 153.0% jump in Q2 net profit
l  Xian Leng cuts pre-tax loss to RM13.0m
l  CYL Q4 net profit down 26% to RM662,000
FOREIGN NEWS HIGHLIGHTS
l  Exxon cleans up Arkansas oil spill; Keystone plan assailed
l  Michael Dell said to consider Blackstone LBO only with CEO guarantee
 
Kenanga Coverage Rating Summary - (Please refer to the attached)
Regional News Update - (Please refer to the attached)
 
KENANGA INVESTMENT BANK BERHAD (15678-H)
Research Department
Tel No: 603 - 2166 6822 / 2713 2292
Fax No: 603 - 2166 6823