Analyst Research Report Snapshot

Title:

Morning News 25 February 2013

Price:

$58.00

Provider:

Affin Investment Bank

Date:

24 Feb 2013

Pages:

6

Type:

AcrobatPDF

Companies referenced:

HLBB.KL BUAB.KL CHOO.KL MSMH.KL PRKN.KL UOAD.KL

Available for Immediate Download
Summary:

Today’s Highlights Results Note – Hong Leong Bank (REDUCE, maintain) - Withstanding industry challenges Results Note – Bumi Armada (REDUCE, maintain) - Eyeing deeper water and larger FPSO contracts Results Note – MSM (REDUCE, maintain) - Not such a sweet ending Results Note – UOA Development (BUY, maintain) - A year of strong sales and record core profit Results Note – Choo Bee (SELL, maintain) - Trading segment affected bottomline Flash Note – Parkson (REDUCE, maintain) - PRG FY12: Within our expectation but below consensus Economy – US Outlook – Weekly Wrap (18 – 22 Feb 2013) - US’s LEI shows continued expansion in economic activity Debt Market Research – Daily Update - Strong MGS segment as heavy buying seen in MGS 2/15 Outside Malaysia US stocks rebound on German confidence, earnings data Fed’s Bullard says ‘main message’ is policy will stay easy UK stripped of AAA rating by Moody’s amid outlook weakness German February business confidence jumps to 10-month high German fourth-quarter slump caused by exports, investment Taiwan raises economic outlook as GDP grew faster than estimated Vietnam inflation rate eases as economy struggles to revive Brent crude rises, paring biggest weekly decline since December

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