3rd November 2011
| Top Story : AirAsia – 9MFY12/11 results to trail consensus Underperform (down from MP) Results Preview - We expect AirAsia's 9MFY12/11 results to meet our forecast but trail the market expectations. |
Corporate Highlights
Unisem : Weak 4Q ahead Underperform
Briefing Note
- Unisem expects revenue to decline 8-10% amidst the softening demand for electronics stemming from the slowdown in global economy. Nevertheless, despite the anticipation of a drop in revenue, Unisem still expects 4Q earnings to improve from the previous quarter on the back of cost-cutting measures.
Mah Sing : Adding a "Thai" flavour into Icon City Market Perform (up from UP)
News Update
- Mah Sing entered into a MOU with Central Pattana Public Company Ltd to study the potential investment of developing and managing a shopping mall in Icon City through a JV and/or partnership. The MOU takes effect on 2 Nov and is valid until formal agreements are entered into within six months time with an automatic extension of three months.
No comments:
Post a Comment