Category Archives: Trader’s Notes

Market update 9 September 2013

Nakamichi Corp Bhd will be suspended from Monday after it failed to submit its second-quarter results within the timeframe set by Bursa Malaysia. Kimlun Corp Bhd has accepted jobs from UEM sunrise and IOI corp. worth RM325m in Johor. The projects for UEM sunrise involve

Parkson (5657)

Parkson has gone down all along its way from the highest around RM5.20 to the lowest around RM3.20, due to the slowdown of China economy.  The RSI is oversold and amid of the recovery of China economy in this August, the trend has started to

Market update 4 September 2013

China August data shows the sign of stabilization after the government’s policy to encourage investment and strengthen its hand to push through reform plans. The government has forecast growth of 7.5 percent this year, which would be the lowest in more than 20 years. JPMorgan

4 September 2013

Inflation expected to raise for another 0.5% after the hike in fuel prices since 3 September 2013. The expected inflation of 2.3% however, still in the targeted range of 2% to 2.5% set by Bank Negara Malaysia. IRCB (Integrated Rubber Corporation Bhd) clears all its

2 September 2013

Mudajaya plan into a joint ventures with its sister company, Mulpha land for the development of Tropicana  Land. The land that measures about 6.41 acre has the potential GDV of RM700m for mixed residential or commercial development. In this venture, Mudajaya will have a 49% stake