Journey to Wealth
Kenanga Today - 7 Feb 2013
NEWS HIGHLIGHTS
l Sunway REIT private placement of 215.0m units (Comment included in Kenanga Today)
l Amcorp Properties earnings down 20.4%
l TRC gets RM283.6m contract
l Paramount Corp in RM550.0m private debt securities programme
l AirAsia X routes saw increase in load factor by 2.0%
l MKH buys stake for RM18.0m
l Gabungan AQRS plans M&A for mechanical and engineering unit
FOREIGN NEWS HIGHLIGHTS
l Google to buy marketing services company for USD125.0m
l Virgin Media said to seek USD8.3b for buyout by Liberty
ECONOMIC NEWS HIGHLIGHTS (MACRO BITS)
Global
l Weak Global Business Expansion
Asia Pacific
l Australia Retail Sales Suffer Third Month Of Falls
l N.Z. Employers Unexpectedly Cut Jobs Last Quarter
USA
l US Mortgage Applications Rose Last Week, Despite Rate Hike
Europe
l Europe Consumers Are World's Most Pessimistic
l German Factory Orders Add To Signs Of European Recovery
l UK Borrowing Will Be £64bn More Than Forecast, Says Ifs
l Poland Cuts MainRate For Fourth Month As Economy Slows
Currencies
l Euro Drops As Investors Fret Berlusconi Progress
Commodities
l Brent Rises, U.S.Crude Dips On Inventory Build
l Gold Quietly Higher; Players Eye ECB Meeting
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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....
