Journey to Wealth
Kenanga Today - 18 Oct 2012
NEWS HIGHLIGHTS
l Hua Yang Q2 net profit up 22.6% to RM17.1m
l TH Heavy posts pre-tax profit of RM4.3m
l Westports plans RM1.5b IPO next year?
l Digi.com leads telcos on earnings quality
l Pos Malaysia hopes to finalise acquisition of courier firm inMiddle East soon
l MAHB's Eraman to exit from Delhi airport venture
l Green Packet refuses comment on sale of P1
l KPS sells down JAKS Resources stake
l Patimas: UHY Advisory to undertake investigative audit
FOREIGN NEWS HIGHLIGHTS
l Fearing leaks, Japan's Softbank sprinted to close U.S.deal
l Chip gear maker ASML buys Cymer for USD2.5b
ECONOMIC NEWS HIGHLIGHTS (MACRO BITS)
Asia
l Surprise Thai Rate Cut Shows Worsening Outlook
l Japan Stimulus Restricted As Diet Standoff Prevents Extra Budget
USA
l Building A Recovery: Home Starts, Permits Both Surge
l Mortgage Applications Fell 4.2 % Last Week
Europe
l UK Unemployment Falls To 2.53 Million
l Germany Slashes Its Forecast For 2013 GDP Growth
l Spanish Bond Yields Turn To Lowest Since April
l Russian Investment Unexpectedly Fell First Time In 18 Months
Currencies
l Euro Hits 1-Month High As Moody's Affirms Spain
Commodities
l Brent Crude, U.S. Gasoline Fall On Inventory Gains
l Gold Up Slightly On US Housing Starts
Source: Kenanga
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This book is the result of the author's many years of experience and observation throughout his 26 years in the stockbroking industry. It was written for general public to learn to invest based on facts and not on fantasies or hearsay....
