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2013-10-23 14:55 | Report Abuse
index klci up 12points.. next week sure hit higher.. epf will push after budget..
2013-10-23 13:43 | Report Abuse
PRESS RELEASE
Westports Holdings Berhad
P3 Service Routings
Reference is made to CMA CGM Group’s announcement dated 22 October 2013 on the P3 service routing and their impact on transhipment volume throughput in Port Klang.
The P3 service routing represents an operational alliance between CMA CGM Group, Maersk Line and Mediterranean Shipping Co, which is subject to various regulatory approvals being obtained. If approved, the P3 service routing is expected to be implemented in Q2 2014.
The P3 service routing as announced by CMA CGM Group, if implemented, will result in a revision in port calls. Port Klang currently has 10 services out of the 30 plied by these lines on the Asia-Europe / Mediterranean trade lanes. Following implementation of the P3 service routing, Port Klang will have 6 services out of the 26 being proposed for the Asia-Europe / Mediterranean trade lanes. We do not expect a material impact to Westports as a result of this proposed revision in the near-to-medium term. Throughput volumes at Port Klang do not necessarily have a direct correlation to the number of services or total vessel capacity, rather they are dependent upon volumes carried per service. To date, we have not been informed by our customers of any material changes to their hubbing strategy or throughput volumes and further, the P3 service routing only represents a portion of their volumes to Westports. We believe that our growth prospects remain intact, supported by growing global trade, volumes from from non-European trade lanes and intra-ASEAN trade, the continued importance of the Straits of Malacca as a key trade lane and our own initiatives to achieve operational efficiencies.
This press release is dated 23 October 2013.
2013-10-18 07:29 | Report Abuse
please pronounce my name 1000 times a days for 365 days for 65 years of your life.. i am happy to give it to you
2013-10-17 16:43 | Report Abuse
a Muslim pronounce ALLAH more than 1000 times in a day.. That is why they are very protective.. unless others pronounce it equally or more than they should be allowed to..
2013-09-24 18:48 | Report Abuse
Saddam Hussein used to be US ally then in 90's he is US enemy.. Is he hero?
2013-08-20 18:38 | Report Abuse
imo, market down is good for sona.. they can enter/buy oil n gas companies at cheaper price..
2012-12-27 17:35 | Report Abuse
fyi, ASB Dividen and ASB Bonus are two different payout. Dividend is based on total investment a year while bonus is average investment thru out 5/10 years. Basically if you invest 100k from 01/01/12, you wont get RM8,900.00.. you might only get around RM8,000.00 to RM8,200.00.. you will earn more by investing in Prestariang Bhd, they give more than 8% dividend p.a.. they distribute it every quarter.. it better that ASB
2012-11-29 14:49 | Report Abuse
it pays dividend every quarter.. so just keep until next dividend announcement before selling it
2012-11-29 14:46 | Report Abuse
this is a long term investment.. it price used to havor around 90sen early of the year
2012-11-05 11:13 | Report Abuse
i think they will be carefull in pricing this ipo.. if not others wont apply for their next tune insurance ipo.
2012-10-25 12:54 | Report Abuse
i am newbie here.. just want to ask when is the AGM? They proposed share buy back based on the annoucement. Will there be any significant price increase after that?
thanks a lot
Stock: [WPRTS]: WESTPORTS HOLDINGS BERHAD
2013-10-23 17:08 | Report Abuse
yup.. another sleepless nite however who bought at 2.51 must feel lucky if this counter rebound tomorrow.. hehehe