Resorts: This cruise operator's shares fell 45 sen to close at RM9.95 yesterday on volume of 2,656 lots ahead of the release of its fourth quarter results. A fund manager said he was not surprised by the fall, given investor concerns that a lower passenger load and a surge in oil prices could push Resorts World Bhd into the red again. He said, however, that the impact would only be temporary. According to Multex Global Estimates, the consensus net profit forecast for Resorts World for financial year 2002 is RM710mil.
Kimble: Analysts and dealers were puzzled over the performance of the furniture manufacturer's shares, which gained 11% or 22 sen to close at RM2.22 yesterday with 2,652 lots traded. An analyst who declined to be named said Kimble Corp Bhd's debt ratio was remarkably high at above 90% even in the third quarter ended Sept 30, 2002. Its net margin, she said, was also lower than the industry average. The public portion of the second board company, listed last August, was under-subscribed, with a take-up rate of only 53%.
Kimble: Analysts and dealers were puzzled over the performance of the furniture manufacturer's shares, which gained 11% or 22 sen to close at RM2.22 yesterday with 2,652 lots traded. An analyst who declined to be named said Kimble Corp Bhd's debt ratio was remarkably high at above 90% even in the third quarter ended Sept 30, 2002. Its net margin, she said, was also lower than the industry average. The public portion of the second board company, listed last August, was under-subscribed, with a take-up rate of only 53%.
