Stockwatch

Dialog: DIALOG’s move to secure more jobs related to technical services instead of engineering, procurement, construction and commissioning works have paid off. Its second quarter results ended Dec 31, 2003, were much better that of the corresponding quarter in 2002. The company’s net profit grew 35% year-on-year, despite an 11% contraction in sales. RHB Research, in its notes, said the company was poised to take advantage of the opportunities from increased exploration and production activities. Stock Watch On DIALOG 

TSH Resources: Shares of TSH closed at RM4.94 on Friday, its highest in 12 months on news that the company plans to list its wholly owned subsidiary TSH Ekowood Bhd on the main board of the MSEB. TSH will retain more than 50% holding in the company following the listing. The proposed listing would enable Ekowood to have funds for expansion and growth. TSH also plans to set up an RM26mil palm oil mill in West Sumatra, Indonesia, by year-end with earnings contribution to start streaming in by 2005. Stock Watch On TSH