Stocks to watch: MMHE, Freight Management, MAHB, L&G
Sunday, October 31, 2010
Stocks to watch include MMHE, whose share price had exceeded nearly all analysts' expectations, Freight Management, Malaysia Airports Holdings Bhd (MAHB) and Land & General Bhd.
Freight Management is focusing its expansion plans across Asean to diversify its earnings base so that it is not exposed to risks in one country segment alone, according to The Edge Weekly.
MAHB posted net profit of RM61.82 million for the third quarter ended Sept 30, 2010, down 25.9% from the RM83.43 million a year ago due to a higher share of losses in an associate company.MAHB said revenue rose 18.2% to RM446.28 million from RM377.36 million. Earnings per share were 5.62 sen versus 7.59 sen.
L&G share price is trading at fresh highs as the company is now cash rich and almost debt free following a debt restructuring, capital reduction exercise and redemption of its final tranche of secured paper, according to The Edge Weekly.
Theedgemalaysia
Freight Management is focusing its expansion plans across Asean to diversify its earnings base so that it is not exposed to risks in one country segment alone, according to The Edge Weekly.
MAHB posted net profit of RM61.82 million for the third quarter ended Sept 30, 2010, down 25.9% from the RM83.43 million a year ago due to a higher share of losses in an associate company.MAHB said revenue rose 18.2% to RM446.28 million from RM377.36 million. Earnings per share were 5.62 sen versus 7.59 sen.
L&G share price is trading at fresh highs as the company is now cash rich and almost debt free following a debt restructuring, capital reduction exercise and redemption of its final tranche of secured paper, according to The Edge Weekly.
Theedgemalaysia
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