Journey to Wealth
Kenanga Today - 9 Nov 2012
NEWS HIGHLIGHTS
l F&N Q4 pre-tax profit falls 12.9%
l Shangri-La Hotels Q3 pre-tax profit rises
l Press Metal 3Q up seven times on tax asset
l Pintaras Jaya posts higher Q1 profit
l OSK Prop posts pre-tax profit, revenue dwindles
l Berjaya Corp to acquire shares in Atlan
l Encorp secures RM63.92m job
l TAS gets RM44.9m contracts
l Engtex unit buys land to build office
FOREIGN NEWS HIGHLIGHTS
l Amazon turns wine merchant
l Adidas in talks to sell ice hockey business
ECONOMIC NEWS HIGHLIGHTS (MACRO BITS)
Malaysia
l OPR retained at 3.00%l The IPI in September rebounded by 4.9%
l OPR retained at 3.00%l The IPI in September rebounded by 4.9%
Asia Pacific
l Indonesia Keeps Rates On Hold, Sees Strong 2013 Growth
l China Congress: Hu Jintao Says Reforms To Deepen
l Australia Employment Beats Forecasts, Lengthens Rate Cut Odds
USA
l Record Overseas Sales Boost U.S. Growth
l U.S. Jobless Claims Fall As Storm Starts To Affect Data
l U.S. Consumer Comfort Climbs To Highest Level Since April
Europe
l Eurozone Interest Rates Remain At 0.75%, Economy 'Weak'l IMF Adds To Pressure On Spain To Seek Bailout, ECB Helpl Bank Of EnglandRefrains From Further QE Stimulusl German Exports Fall At Fastest Pace Since Dec 2011
Currencies
l Dollar Up; Euro Wipes Out All ECB Gains
Commodities
l Oil Rebounds After Plunge, Economy Concerns Limit Risel Gold Hits 3-Week High As Longs Return On Obama Victory
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....
