Bursa Malaysia Stock Watch

RHBInvest Research Highlights 12th September 2011

kltrader
Publish date: Mon, 12 Sep 2011, 01:55 PM
kltrader
0 20,638
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.
12th September 2011
 
Top Story: IJM Plantation ' Harvesting for the future               Outperform
Visit Note
''       Key highlights from our recent meeting: (1) Strong recovery in FFB production so far but can it last?; (2) Happy with current CPO prices; (3) Not required to implement MAPA wage hike; (4) New planting targets reduced; and (5) Capex guidance raised.
 
Corporate Highlights
 
MAHB: Hike charges to be put on hold                                         Outperform
News Update
''       MAHB announced that it has been advised by the Ministry of Transport to delay the hike in charges until further review which was scheduled to commence on Sept 15.
''       Given that the hike will now be put on hold, we believe there is a possibility of two scenarios: 1) Hike in charges will likely be structured into Marginal Cost Support (MARCS), a compensation mechanism which MAHB will be paid by the government of the difference between the actual amount charged and the revised level; or 2) Hikes to be completely called off.
Related Stocks
Discussions
Be the first to like this. Showing 0 of 0 comments

Post a Comment