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Online investment advisor Surf88.com on Kim Hin saying as we watch the sharp re-rating of property stocks amid improved industry prospects and market sentiment, the weakness of tiles manufacturer, Kim Hin (RM2.32), caught our attention. From the beginning of the month, the share price rose only about 4%, lagging way behind the Composite Index (CI)'s 8% ascent. Let's take a closer look.
ROAD Builder Holdings Bhd's wholly-owned subsidiary New Pantai Expressway Sdn Bhd (NPE), which is about to finish construction of the 19.6km New Pantai Highway, has forecast a daily traffic of 250,000 vehicles when the highway is completed in March next year.
Online investment advisor Surf88.com on prospects for Hume saying based on our latest understanding, there is a good possibility that Hume Industries (Hume) (RM4.24) may be revising its dividend policy such that its first interim dividend will be declared in November for payment in December.
US investment banks Morgan Stanley and Lehman Brothers Holdings Inc have reported third-quarter profits that were more than double those a year ago, while earnings at rival Goldman Sachs Group Inc increased more modestly as revenue from bond trading fell sharply.
IGB Corp Bhd expects its hotel division to maintain the level of profitability this year, according to the division's chief executive officer Tan Boon Lee.