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DURING a recent roundtable discussion, a group of analysts sat debating the outlook for stocks on the local bourse. One of them declared his preference for smaller or mid-tier companies.
VEHICLE sales in February fell substantially due to the short working month and lower sales of national cars, according to the Malaysian Automotive Association (MAA).
Like most children, inventor-cum-businessman Darran Aster Gunasekera loved to play with toys. Unlike most, however, his idea of playing was to dismantle every toy he had, learn how they functioned, and then to fix them again. Such was his fascination at discovering how things worked it isn't surprising that he is now an award-winning inventor of electronic components for the automotive sector.
BARRING major surprises in the government's automotive policy statement or detailed plans for the sector's entry into the Asean free trade area (Afta) in 2005, total vehicle sales this year should match if not marginally outstrip last year's 435,000 units, according to industry observers.
The first part yesterday of the roundtable discussions dwelt on the KLSE#8217;s lacklustre performance for 2002, and the factors contributing to its weakness. The concluding part talks about the market#8217;s probable outlook for this year, given the looming prospect of war in Iraq.