Re: 1st December 2011

by **hlk** Thu 01 Dec 2011, 00:17

Stocks to watch: Maxis, Axiata, E&O, Tanjung, PJI

KUALA LUMPUR (Dec 1): After the flurry of corporate results for the quarter ended Sept 30, 2011, stocks which could see trading interest on Thursday include Maxis Bhd, Axiata Group Bhd and Eastern & Oriental Bhd (E&O).

Other companies which could also come under focus following fresh contracts are PJI HOLDINGS BHD [], TANJUNG OFFSHORE BHD [] and MALAYSIAN RESOURCES CORP []oration Bhd (MRCB).

Maxis’ earnings fell 10.6% to RM537 million in the third quarter ended Sept 30 from RM610 million a year ago on higher administrative expenses and network operation costs. Revenue was 1.3% higher at RM2.244 billion from RM2.216 billion a year ago, while earnings per share were 7.2 sen compared with 8.0 sen. It declared a third interim single-tier tax exempt dividend of 8.0 sen per share.

Meanwhile, Axiata’s earnings fell 7.7% to RM589.62 million in the third quarter ended Sept 30, 2011 from RM639.12 million a year ago on foreign exchange translation losses and higher costs. Net foreign exchange losses surged to RM43.91 million compared with gains on financing activities of RM71.96 million a year ago.

E&O saw its earnings surge 172% to RM13.83 million from RM5.08 million a year ago. Its revenue increased by 25.5% to RM82.60 million from RM65.81 million while earnings per share were 1.27 sen compared with 0.48 sen.

Tanjung Offshore’s subsidiary, Tanjung Maintenance Services Sdn Bhd has secured a RM43 million contract from Petronas Carigali Sdn Bhd. The contract was to provide maintenance services for mechanical rotating equipment at all offshore platforms operated by Petronas Carigali in the Sarawak operations region .

PJI Holdings Bhd’s unit has secured two contracts worth RM59.64 million at the KLIA2 involving the low voltage system for several locations at the KLIA2.

Its unit P.J. Indah Sdn Bhd had accepted the letter of award from BINA PURI HOLDINGS BHD [] to formalise the sub-contract valued at RM25.16 million.

P.J. Indah had also accepted a RM34.64 million contract from UEM CONSTRUCTION [] Sdn Bhd for the design, supply and maintenance of the low voltage system, uninterruptible power supply and lightning protection system at KLIA2.

MRCB has secured a RM40.3 million contract to carry out coastal protection works at the Sungai Perai river mouth. MRCB said it had received the letter of award from the Department of Irrigation and Drainage for the third phase of the project.

FABER GROUP BHD [] posted net losses of RM26.87 million in the third quarter ended Sept 30, 2011 compared with net profit of RM29.01 million a year ago. The losses were mainly due to the recognition of costs amounting to RM44.5 million for works completed for the projects in the United Arab Emirates (UAE) where the corresponding revenue was not recognised as it could not be measured reliably.

KUB MALAYSIA BHD [] posted net loss of RM12.86 million in the third quarter ended Sept 30, a vast contrast from the net profit of RM2.49 million a year ago. KUB had undertaken impairment assessments on its assets of underperforming subsidiaries and decided to provide impairment losses of RM14.70 million.

by **Bursa berserker** Thu 01 Dec 2011, 01:22

hossay man!

by **WinningHeart** Thu 01 Dec 2011, 01:43

W wrote:
WinningHeart wrote:Hossay ... Hope uncle stock SIME will soar like eagle ... Roar like lion king .. Huhu

in profit liao.. [You must be registered and logged in to see this image.]

by **WinningHeart** Thu 01 Dec 2011, 01:44

maxims wrote:i need to pump in funds back to my trading accounts...let's rock and roll..guess this news can last for whole week man [You must be registered and logged in to see this image.]

Sifu hossay [You must be registered and logged in to see this image.]

by **aam** Thu 01 Dec 2011, 06:04

morning all Speechless

by **hlk** Thu 01 Dec 2011, 07:58

dj 12,045.68
+490.05 (4.24%)
Nov 30 - Close
INDEXDJX real-time data - Disclaimer
Range 11,559.27 - 12,045.68
52 week 10,404.49 - 12,876.00
Open 11,559.27
Vol. 286.79M

by **Cals** Thu 01 Dec 2011, 08:15

morning all

by **hlk** Thu 01 Dec 2011, 08:16

morn every1 ... bullish day ... Cash

by **WinningHeart** Thu 01 Dec 2011, 08:37

Good morning Max sifu and all comrades ... have a fruitful day today [You must be registered and logged in to see this image.]

by W Thu 01 Dec 2011, 08:43

morning

by **Bursa berserker** Thu 01 Dec 2011, 08:55

good morning sifu max and bc comrades hope we huat together todaY!!!!![You must be registered and logged in to see this image.]

by **Bursa berserker** Thu 01 Dec 2011, 09:01

cimb itrade seriosuly suck!

by **sun** Thu 01 Dec 2011, 09:04

wah! today so bullish

by **Bursa berserker** Thu 01 Dec 2011, 09:07

[email=!@#$$%%my]!@#$$%%my[/email] 600 inside my cim itrade suddenly gone.....

by **ESH** Thu 01 Dec 2011, 09:07

what to buy also rambang mata

by inQic Thu 01 Dec 2011, 09:07

morning sifu and everyone . grats those who have stocks to uncle since yesterday Laugh

by WW Thu 01 Dec 2011, 09:10

morning...

by **sun** Thu 01 Dec 2011, 09:20

market so bullish, everybody busy make

by **phoenix777** Thu 01 Dec 2011, 09:33

yesterday i got armada ca 600 lots 30ct.....drop to 26ct i almost pengsan 2.4k paper lost.....just sold at 305.....very close call.....was not in...in the morning else cud have get higher

by WW Thu 01 Dec 2011, 09:35

phoenix wrote:yesterday i got armada ca 600 lots 30ct.....drop to 26ct i almost pengsan 2.4k paper lost.....just sold at 305.....very close call.....was not in...in the morning else cud have get higher

[You must be registered and logged in to see this image.]

by **Cals** Thu 01 Dec 2011, 09:37

by **sun** Thu 01 Dec 2011, 09:38

phoenix wrote:yesterday i got armada ca 600 lots 30ct.....drop to 26ct i almost pengsan 2.4k paper lost.....just sold at 305.....very close call.....was not in...in the morning else cud have get higher

i sweat for you but now congratz

by **hlk** Thu 01 Dec 2011, 09:47

hsi +936 9.45am (earlier +1044) Shocked

by **WinningHeart** Thu 01 Dec 2011, 10:02

phoenix wrote:yesterday i got armada ca 600 lots 30ct.....drop to 26ct i almost pengsan 2.4k paper lost.....just sold at 305.....very close call.....was not in...in the morning else cud have get higher

congrat phoenix zai ... armada become like goreng stock now [You must be registered and logged in to see this image.]

by **phoenix777** Thu 01 Dec 2011, 10:04

sun wrote:
phoenix wrote:yesterday i got armada ca 600 lots 30ct.....drop to 26ct i almost pengsan 2.4k paper lost.....just sold at 305.....very close call.....was not in...in the morning else cud have get higher

i sweat for you but now congratz

i never thought good stock like armada can drop 30ct [You must be registered and logged in to see this image.] ppl are running out duno for wht reason....

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