Friday, May 31, 2013

News Bits | 31 May 2013


IDEAS OF THE DAY (SEE SEPARATE REPORTS FOR DETAILS)                                                                                        
l  Results Note: DRBHCOM, GENM, GENTING, HUNZPTY, MMCCORP, PADINI, P&O, KGB, SUPERMX, TM, TRC
l  Quick Bites: YINSON
l  On Our Portfolio: PUNCAK
l  On Our Technical Watch: SUPERMX
 
NEWS HIGHLIGHTS
l  Sunway earnings up 40.5% to RM90.5m
l  AZRB 1Q profit falls 54.9%
l  Bernas 1Q profit falls 12.0% to RM33.2m
l  Country Heights 1Q profit jumps 14 fold to RM18.9m
l  KNM posts lower Q1 profit
l  SHL 4Q profit rise 133.0% to RM11.4m
l  Kumpulan Perangsang 1Q profit up 11.2% on lower tax and zakat
l  Oct listing for Westports? Plans to raise RM1.5b
l  Masterskill to sell freehold land for RM58.9m
FOREIGN NEWS HIGHLIGHTS
l  Singapore Airlines to order USD17.0b aircraft from Airbus, Boeing
l  Time Warner CEO Sells 81.0% of Direct Holdings in Company