Versus the CI


  • Business
  • Saturday, 17 Apr 2004

  • Hyundai-Berjaya Corp: UP to mid-March, Hyundai-Berjaya Corp Bhd's share price had been under-performing the KLSE Composite Index (CI) by as much as 15%. Later that month, however, the stock received a big boost when news broke out that Sime Darby Bhd was interested to take over the company. Sime has proposed to buy 92.21 million Hyundai-Berjaya shares and 34.58 million of its warrants for a total of RM488.7mil, or RM4.10 a share and RM3.20 per warrant. Overall, the counter has outperformed the CI by 25% over the three-month period. Stock Watch On HBJCORP 

  • MULPHA: Mulpha International Bhd's share price has risen 57% over the past three months, significantly outperforming the CI, which rose 5.7% during the period. Interest in this diversified conglomerate began in February when it reported strong profits for the 2003 financial year ended Dec 31. With 75% of Mulpha's earnings coming from its Australian property firm, Mulpha Australia Ltd, the group is currently benefiting from a booming property market Down Under, as well as the strong Aussie against the ringgit. Stock Watch On MULPHA 

  • YTL e-Solutions: Normally a quiet counter, YTL e-Solutions Bhd (YTLe) suddenly gained strong interest in mid-March, when the company announced plans to sub divide its RM1 shares into 10 shares of 10 sen each. The largest Mesdaq counter by market capitalisation, YTLe has been one of the best performing on that market lately. In the past three months, its share price has outperformed the CI by more than 45%. Stock Watch On YTLE 

  • MPlant: THERE has been a flurry of news to keep investors glued to Malaysian Plantations Bhd (MPlant) shares. In February, reports said Singapore's Temasek Holdings was eyeing a substantial stake in MPlant, which controls Alliance Bank Malaysia Bhd. A month later, local businessman Tan Sri Amin Shah Omar Shah surprised the market with a 9% stake in MPlant. Amin, who was shortly made a director of the group, got involved in a boardroom tussle with other shareholders early this month. Stock Watch On MPLANT 

  • Astro: The share price of Astro All Asia Networks plc (Astro) has been rising this year on optimism that it would benefit from higher subscription and better advertising sales as the economic recovery gathers momentum. In fact, Astro shares rose to a record high of RM5.60 on April 7 after the country's sole pay-television operator posted its first full-year profit for the year to Jan 31. News that Astro may enter Indonesia's pay-TV market in the near future also fuelled market interest in the counter. Stock Watch On ASTRO
  • MULPHA: Mulpha International Bhd's share price has risen 57% over the past three months, significantly outperforming the CI, which rose 5.7% during the period. Interest in this diversified conglomerate began in February when it reported strong profits for the 2003 financial year ended Dec 31. With 75% of Mulpha's earnings coming from its Australian property firm, Mulpha Australia Ltd, the group is currently benefiting from a booming property market Down Under, as well as the strong Aussie against the ringgit. Stock Watch On MULPHA 

  • YTL e-Solutions: Normally a quiet counter, YTL e-Solutions Bhd (YTLe) suddenly gained strong interest in mid-March, when the company announced plans to sub divide its RM1 shares into 10 shares of 10 sen each. The largest Mesdaq counter by market capitalisation, YTLe has been one of the best performing on that market lately. In the past three months, its share price has outperformed the CI by more than 45%. Stock Watch On YTLE 

  • MPlant: THERE has been a flurry of news to keep investors glued to Malaysian Plantations Bhd (MPlant) shares. In February, reports said Singapore's Temasek Holdings was eyeing a substantial stake in MPlant, which controls Alliance Bank Malaysia Bhd. A month later, local businessman Tan Sri Amin Shah Omar Shah surprised the market with a 9% stake in MPlant. Amin, who was shortly made a director of the group, got involved in a boardroom tussle with other shareholders early this month. Stock Watch On MPLANT 

  • Astro: The share price of Astro All Asia Networks plc (Astro) has been rising this year on optimism that it would benefit from higher subscription and better advertising sales as the economic recovery gathers momentum. In fact, Astro shares rose to a record high of RM5.60 on April 7 after the country's sole pay-television operator posted its first full-year profit for the year to Jan 31. News that Astro may enter Indonesia's pay-TV market in the near future also fuelled market interest in the counter. Stock Watch On ASTRO
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