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Global markets to be driven by geopolitics in short term
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.
MPI to gain from upturn
CHIPMAKER Malaysian Pacific Industries Bhd (MPI) is well positioned to benefit from an industry upturn over the long term, although its business visibility remains poor, as its management is unable to provide any clue on revenue guidance, according to an analysis by Singapore-based OCBC Research.
Versus the CI
Kathy Fong writes on Resorts World, KLSE Plantation Index, AMMB Holdings, Telekom and Unisem.
Optimistic outlook for MPI
MALAYSIAN Pacific Industries Bhd (MPI), is expected to pick up steam in the second half ending June 30 2003, after a dismal performance in its second quarter ended Dec 31 last year.
Slowdown in corporate earnings growth generally
EXCEPT for the plantation sector whose bottom line was buoyed by strong crude palm oil prices, the recently released financial results for the quarter ended Dec 31 last year indicated a general slowdown in corporate earnings growth.
Local tech stocks feel Nasdaq pain
THE Nasdaq at 5,000 about three years ago is a bittersweet memory of heady times when investors were prepared to pay huge sums of money for over-inflated stocks.
Views from Malaysian CEOS on the impact of Iraq war
Most Malaysian CEOs have expressed optimism that the US-led Iraq war would be short and therefore would have minimal impact on the Malaysian economy.
Negative impact on industry sector
LOCAL industry players and analysts expect the war in Iraq to be largely negative for the industry, which has been in the doldrums since the dotcom bubble burst.
