StarBiz- FBM KLCI closed slightly lower
- Kenmark's appointed advisor is still working on the regularisation plan
- Cypark en route for listing on Bursa
- Goodbye the west, hello the rest
- Overseas to leverage on Tahan takeover for bigger market share
- Scomi Engineering sees higher revenue from overseas projects
- TNB to buy renewable energy from three firms
- Business Times
- Bank Negara
INTERNATIONAL INDICES (updated daily)
Ftse Bursa Malays 1434.14 -0.01%
Sse Composite Ind 2695.29 +0.00%
Ishares Trust (ba 41.87 +1.09%
Spdr Gold Trust 122.71 +0.01%
United States Oil 33.14 +1.13%
Ishares Trust Ish 107.66 -0.30%
Company View: Dutch Lady
Consumer staples has never been a particularly sexy sector. And none less so than for 2007 what with all the hype about asian infrastructure, telecoms, construction, and pump priming for the economy. Me? I’m sticking with mummy’s milk.
And that’s because all the goodness and calcium and vitamins has translated into healthy sales growth, ROA and profit growth, giving this particular baby a healthy “8″. The only things I don’t like are the growing balance sheet and receivables… but with the recent retracement of its PE to around 18 it seems like a fair bet, especially if you notice that it has just hit resistance.
dlady19-07-07.pdf