Bursa Malaysia Stock Watch
RHBInvest Research Highlights 06 September 2011
kltrader
Publish date: Tue, 06 Sep 2011, 12:06 PM
kltrader
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This blog provides consolidated Bursa Malaysia stock market research, analysis, news and blogs from various sources. You can search and find all the past analysis and coverage on stocks and news by searching within this site. While this blog re-publishes contents from other sites, it does not own the rights nor responsible for the accuracy of the contents. If you disagree to your content from being published here, please add a comment, and your article will be removed from this site.
06th September 2011
Top Story: Telecoms: 2QCY11 report card Overweight
Sector Update
'' Results of the telco stocks under coverage came in within expectations, except for Axiata which disappointed due to stronger RM and lower-than-expected numbers from Celcom.
Corporate Highlights
Lingui: Slower quarters ahead before reconstruction starts Outperform
Briefing Note
'' Current ASP for Lingui's hardwood logs has dropped to US$180/m3 (slightly higher than expected) recently amid supply normalisation due to better weather conditions. Lingui expects that its hardwood log prices will go back to above US$200/m3 by 4QCY11, which we believe could be due to potentially higher downstream demand from plywood mills and the seasonally low production period in Sarawak .
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