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Fighting the Bears
Will it hurt to look at the stock market in 2003? What are the stocks worth putting your money in?
How high can it go?
ASK around.It is a foregone conclusion that the local stock market is currently not too far off its lowest ebb. The mostpertinent question is how high can the Kuala Lumpur Composite Index (CI)go in 2003?
Versus the CI
Liew Lai Jing and P.W. Thong write on WWC, Hong Leong Bank, Top Glove, MISC and Tanjong.
New waves in IT gadgets
MAJOR manufacturers of mobile phones, handhelds, notebooks and printers are optimistic of the IT gadgets market growth but have mixed feelings about fierce competition from Chinese brands.
Investors see Tanjong as safe bet
TANJONG plc has been consistently ranked among the best-managed companies with the highest corporate governance standards in Asia by various investment research houses and fund managers.
Construction sector in for major boost
THE construction sector will be one of the prime beneficiaries of the government#146;s efforts to pump-prime the economy, according to AmResearch Sdn Bhd executive director Gan Kim Khoon.
Nokia doubles 4th quarter profit, but sees slower sales ahead
Nokia Corp, the world#8217;s biggest mobile phone maker, has posted a 2002 fourth- quarter profit that was more than double that of a year earlier, but warned that sales in the first quarter of 2003 would be down because of a softer market.
KLSE rebounds to buck the trend
THE KLSE rebounded strongly yesterday, in apparent defiance of the cloud of uncertainty that has hung over the market since last week as a US-led military action against Iraq looks increasingly imminent.
Mayban to offer new unit trusts
MAYBAN Management Bhd is looking towards offering a wide range of innovative as well as different types of unit trust products in a bid to be competitive and gain a stronger foothold in the mutual fund industry in the country.
Magnum net profit of RM221mil-RM251mil seen
MAGNUM Corp Bhd is expected to announce later this month a 2002 net profit of between RM221.3mil and RM251mil, with some brokers seeing pressure on the results from declining sales in the company's numbers forecasting operations (NFO) as a result of competition from illegal betting and the repatriation of foreign workers last year.
