Automotive
Research Title
MBM : 09 December 2014 Diamond in Rough
MBM : 19 November 2014 A Transitory Rough Patch
MBM : 03 September 2014 Angled for Strong Growth
MBM : 20 August 2014 Lagged Expectation Despite the Sequential Improvement
MBM : 19 August 2014 Expect Better Sequential Earnings
Tan Chong : 09 December 2014 Bracing for Uncertainty
Tan Chong : 27 November 2014 Another Dismal Performance
Tan Chong : 18 September 2014 Morphing into an asset-light Business Outfit
Tan Chong : 25 August 2014 Expect Recovery in 2H24
Tan Chong : 15 August 2014 Light at the End of the Tunnel
Tan Chong : 15 May 2014 Weak Start Amid Intense Competition
UMW : 09 December 2014 Net Losers of Strengthening USD
UMW : 27 November 2014 Dragged by Non-profitable Legacy Businesses
UMW : 28 August 2014 Dragged by Non-profitable Legacy Businesses
UMW : 27 February 2014 4Q13 Affected by Long Waiting Period of New Model
MBM : 09 December 2014 Diamond in Rough
MBM : 19 November 2014 A Transitory Rough Patch
MBM : 03 September 2014 Angled for Strong Growth
MBM : 20 August 2014 Lagged Expectation Despite the Sequential Improvement
MBM : 19 August 2014 Expect Better Sequential Earnings
Tan Chong : 09 December 2014 Bracing for Uncertainty
Tan Chong : 27 November 2014 Another Dismal Performance
Tan Chong : 18 September 2014 Morphing into an asset-light Business Outfit
Tan Chong : 25 August 2014 Expect Recovery in 2H24
Tan Chong : 15 August 2014 Light at the End of the Tunnel
Tan Chong : 15 May 2014 Weak Start Amid Intense Competition
UMW : 09 December 2014 Net Losers of Strengthening USD
UMW : 27 November 2014 Dragged by Non-profitable Legacy Businesses
UMW : 28 August 2014 Dragged by Non-profitable Legacy Businesses
UMW : 27 February 2014 4Q13 Affected by Long Waiting Period of New Model
Aviation
Research Title
AirAsia : 29 December 2014 Unfortunate Disappearance of AirAsia Indonesia QZ8501
AirAsia : 10 December 2014 Taking Off on Cheaper Fuel
AirAsia : 20 November 2014 Expect Brighter Prospects Ahead
AirAsia : 03 October 2014 Potential Spin-off of Leasing Operation
AirAsia : 21 August 2014 Calmer Sky Ahead
AirAsia : 02 July 2014 Rebirth of AirAsia Japan
AirAsia : 21 May 2014 A Decent Quarter Despite Pressure on Yield
AirAsia : 07 May 2014 Expect Yield Pressure to Linger
AirAsia : 27 February 2014 Uphill Challenge, but Company's Cost Discipline is High
AirAsia X :20 November 2014 Extended Losses
AirAsia X : 20 August 2014 Yield Compression Bottoming out
AirAsia X : 17 July 2014 Neo Investment
AirAsia X : 20 May 2014 Growth is Essential for Long Term Profitability
AirAsia X : 26 February 2014 Competition is intense, but Company Should Prevail in the Long-run
AirAsia X : 05 February 2014 TAAX Ready to Take off
Malaysia Airport : 11 November 2014 Right Issurance to Fund Additional ISG Stakes
Malaysia Airport : 04 November 2014 Ballooning Cost from KLIA2 Operation
Malaysia Airport : 25 July 2014 KLIA2 Depreciation hits as International Passenger Traffic Stalls
Malaysia Airport : 25 April 2014 Deferred PSC Hike Recognized in the Form of MARCS
Malaysia Airport : 28 January 2014 Strong Passenger Traffic but Profit Dragged down by Higher OPEX
AirAsia : 29 December 2014 Unfortunate Disappearance of AirAsia Indonesia QZ8501
AirAsia : 10 December 2014 Taking Off on Cheaper Fuel
AirAsia : 20 November 2014 Expect Brighter Prospects Ahead
AirAsia : 03 October 2014 Potential Spin-off of Leasing Operation
AirAsia : 21 August 2014 Calmer Sky Ahead
AirAsia : 02 July 2014 Rebirth of AirAsia Japan
AirAsia : 21 May 2014 A Decent Quarter Despite Pressure on Yield
AirAsia : 07 May 2014 Expect Yield Pressure to Linger
AirAsia : 27 February 2014 Uphill Challenge, but Company's Cost Discipline is High
AirAsia X :20 November 2014 Extended Losses
AirAsia X : 20 August 2014 Yield Compression Bottoming out
AirAsia X : 17 July 2014 Neo Investment
AirAsia X : 20 May 2014 Growth is Essential for Long Term Profitability
AirAsia X : 26 February 2014 Competition is intense, but Company Should Prevail in the Long-run
AirAsia X : 05 February 2014 TAAX Ready to Take off
Malaysia Airport : 11 November 2014 Right Issurance to Fund Additional ISG Stakes
Malaysia Airport : 04 November 2014 Ballooning Cost from KLIA2 Operation
Malaysia Airport : 25 July 2014 KLIA2 Depreciation hits as International Passenger Traffic Stalls
Malaysia Airport : 25 April 2014 Deferred PSC Hike Recognized in the Form of MARCS
Malaysia Airport : 28 January 2014 Strong Passenger Traffic but Profit Dragged down by Higher OPEX
Banks
Research Title
Affin Holdings : 25 November 2014 CI Ratio likely to Remain Elevated in near Term
Affin Holdings : 18 August 2014 Expect more Merger Integration costs ahead
Affin Holdings : 20 May 2014 NOII likely to improve in the Quarters ahead
Affin Holdings : 09 April 2014 Synergies Benefits from Merger seen relatively small
Affin Holdings : 11 March 2014 Rights Issue to Cause a Substantial Dilution in EPS
Affin Holdings : 03 March 2014 Negotiation talk starts for 24.0% Equity in PT Bank Panin Syariah
Affin Holdings : 27 February 2014 Net Profit likely to trend lower in FY14
Affin Holdings : 23 January 2014 Earnings Boost from Hwang DBS Assets only from FY15 onwards
Alliance Financial : 27 November 2014 NIM likely to Contract in 2HFY15
Alliance Financial : 30 September 2014 SME Bright Spot Amidst Slowing Overall Loan Momentum
Alliance Financial : 12 August 2014 CI Ratio likely to Trend Lower in Coming Quarters of FY15
Alliance Financial : 23 May 2014 Dividend Payouts likely to be Higher Moving Forward
Alliance Financial : 14 February 2014 New CA Requirements of 1,2% to Cause a Drop in CET1 Ratio
AMMB Holdings : 20 November 2014 Subdued Loan Growth Due to Conservative Risk Appetite
AMMB Holdings : 25 August 2014 Loans Growth to Pick up Pace but at Below Industry Rate
AMMB Holdings : 21 May 2014 Higher NIM Contraction in FY15
AMMB Holdings : 19 February 2014 Cost Initiatives to Gradually Improve its CI ratio
AMMB Holdings : 18 February 2014 Uptick in Impaired HP loans early Signs of Stress in Asset Quality
CIMB : 19 November 2014 Expect Stronger Momentum for Singapore but Weaker Regional CB Performance in 4QFY14
CIMB : 30 October 2014 Pressures on NIM and Asset Quality likely to Persist in near Term
CIMB : 29 October 2014 Managing Cost will be a Key Synergistic Delivery Post-merger
CIMB : 02 September 2014 Weaker NOII Impacted Earnings
CIMB : 01 August 2014 A Subdued Net Profit Growth Expected for FY14
CIMB : 25 July 2014 Loan Loss Provisions may trend higher in Subsequent Quarters
CIMB : 24 July 2014 Minimal impact on earnings from Finansa Asset Management’s acquisition
CIMB : 23 May 2014 Weak Capital Markets Outlook to Impact NOII Growth
CIMB : 30 April 2014 Tough Operating Conditions in Indonesia to Continue until 1HFY14
CIMB : 28 April 2014 Margin Pressure to Continue to Impact Niaga’s Interest Income
CIMB : 26 February 2014 Challenging International Operations in CY14
CIMB : 19 February 2014 Challenging Operating Conditions likely to Continue into FY14.
CIMB : 22 January 2014 NIM pressure for Niaga expected to bottom out by 2QFY14
CIMB : 15 January 2014 Dilutive impact of private placement not significant
Hong Leong Bank : 26 November 2014 Benign asset quality and improving operating efficiency
Hong Leong Bank : 27 August 2014 Pressure on NIM was well Defended
Hong Leong Bank : 21 August 2014 Expect Some pick up in NOII
Hong Leong Bank : 22 May 2014 Contribution from International Operations Stay Strong
Hong Leong Bank : 26 February 2014 Loan Growth to Gain Further Traction in 2H14
Hong Leong Bank : 10 January 2014 Non Interest Income likely to Trend Higher
Maybank : 27 November 2014 Loan growth picked up pace albeit softer NOII
Maybank : 29 August 2014 Loan growth accelerated in 2QFY14
Maybank : 30 May 2014 Loan growth likely to pick up momentum in 2QFY14
Maybank : 28 February 2014 Stronger performance in 2HFY13
Public Bank : 24 October 2014 Expect pressures on COFs ahead
Public Bank : 25 July 2014 ROE likely to continue to trend lower moving forward
Public Bank : 30 April 2014 Group CET1 Ration to Rise 10.9% post Rights Issue
Public Bank : 22 April 2014 Mortgage growth moderated
Public Bank : 06 February 2014 Margin pressure on interest income to continue
RHB : 30 December 2014 New bancassurance agreement with Tokio Marine
RHB : 21 November 2014 Good traction in IB and Islamic Banking income
RHB : 28 August 2014 Stronger growth momentum in Islamic Banking income
RHB : 01 July 2014 No significant impact on earnings from aborting Bank Mestika deal
RHB : 27 May 2014 Strong pick up in loan growth
RHB : 11 March 2014 Stronger regional prospects moving forward
RHB : 25 February 2014 Moving into FY14 with a clean slate
Affin Holdings : 25 November 2014 CI Ratio likely to Remain Elevated in near Term
Affin Holdings : 18 August 2014 Expect more Merger Integration costs ahead
Affin Holdings : 20 May 2014 NOII likely to improve in the Quarters ahead
Affin Holdings : 09 April 2014 Synergies Benefits from Merger seen relatively small
Affin Holdings : 11 March 2014 Rights Issue to Cause a Substantial Dilution in EPS
Affin Holdings : 03 March 2014 Negotiation talk starts for 24.0% Equity in PT Bank Panin Syariah
Affin Holdings : 27 February 2014 Net Profit likely to trend lower in FY14
Affin Holdings : 23 January 2014 Earnings Boost from Hwang DBS Assets only from FY15 onwards
Alliance Financial : 27 November 2014 NIM likely to Contract in 2HFY15
Alliance Financial : 30 September 2014 SME Bright Spot Amidst Slowing Overall Loan Momentum
Alliance Financial : 12 August 2014 CI Ratio likely to Trend Lower in Coming Quarters of FY15
Alliance Financial : 23 May 2014 Dividend Payouts likely to be Higher Moving Forward
Alliance Financial : 14 February 2014 New CA Requirements of 1,2% to Cause a Drop in CET1 Ratio
AMMB Holdings : 20 November 2014 Subdued Loan Growth Due to Conservative Risk Appetite
AMMB Holdings : 25 August 2014 Loans Growth to Pick up Pace but at Below Industry Rate
AMMB Holdings : 21 May 2014 Higher NIM Contraction in FY15
AMMB Holdings : 19 February 2014 Cost Initiatives to Gradually Improve its CI ratio
AMMB Holdings : 18 February 2014 Uptick in Impaired HP loans early Signs of Stress in Asset Quality
CIMB : 19 November 2014 Expect Stronger Momentum for Singapore but Weaker Regional CB Performance in 4QFY14
CIMB : 30 October 2014 Pressures on NIM and Asset Quality likely to Persist in near Term
CIMB : 29 October 2014 Managing Cost will be a Key Synergistic Delivery Post-merger
CIMB : 02 September 2014 Weaker NOII Impacted Earnings
CIMB : 01 August 2014 A Subdued Net Profit Growth Expected for FY14
CIMB : 25 July 2014 Loan Loss Provisions may trend higher in Subsequent Quarters
CIMB : 24 July 2014 Minimal impact on earnings from Finansa Asset Management’s acquisition
CIMB : 23 May 2014 Weak Capital Markets Outlook to Impact NOII Growth
CIMB : 30 April 2014 Tough Operating Conditions in Indonesia to Continue until 1HFY14
CIMB : 28 April 2014 Margin Pressure to Continue to Impact Niaga’s Interest Income
CIMB : 26 February 2014 Challenging International Operations in CY14
CIMB : 19 February 2014 Challenging Operating Conditions likely to Continue into FY14.
CIMB : 22 January 2014 NIM pressure for Niaga expected to bottom out by 2QFY14
CIMB : 15 January 2014 Dilutive impact of private placement not significant
Hong Leong Bank : 26 November 2014 Benign asset quality and improving operating efficiency
Hong Leong Bank : 27 August 2014 Pressure on NIM was well Defended
Hong Leong Bank : 21 August 2014 Expect Some pick up in NOII
Hong Leong Bank : 22 May 2014 Contribution from International Operations Stay Strong
Hong Leong Bank : 26 February 2014 Loan Growth to Gain Further Traction in 2H14
Hong Leong Bank : 10 January 2014 Non Interest Income likely to Trend Higher
Maybank : 27 November 2014 Loan growth picked up pace albeit softer NOII
Maybank : 29 August 2014 Loan growth accelerated in 2QFY14
Maybank : 30 May 2014 Loan growth likely to pick up momentum in 2QFY14
Maybank : 28 February 2014 Stronger performance in 2HFY13
Public Bank : 24 October 2014 Expect pressures on COFs ahead
Public Bank : 25 July 2014 ROE likely to continue to trend lower moving forward
Public Bank : 30 April 2014 Group CET1 Ration to Rise 10.9% post Rights Issue
Public Bank : 22 April 2014 Mortgage growth moderated
Public Bank : 06 February 2014 Margin pressure on interest income to continue
RHB : 30 December 2014 New bancassurance agreement with Tokio Marine
RHB : 21 November 2014 Good traction in IB and Islamic Banking income
RHB : 28 August 2014 Stronger growth momentum in Islamic Banking income
RHB : 01 July 2014 No significant impact on earnings from aborting Bank Mestika deal
RHB : 27 May 2014 Strong pick up in loan growth
RHB : 11 March 2014 Stronger regional prospects moving forward
RHB : 25 February 2014 Moving into FY14 with a clean slate
Cement
Research Title
LaFarge :19 November 2014 Higher Operating Expenses & Strong Price Competition
LaFarge : 02 September 2014 Clouded by higher cost and lack of major projects
LaFarge : 23 May 2014 Lower numbers following completion of KLIA2 project
LaFarge : 07 March 2014 A good income play
LaFarge : 26 February 2014 A Reasonable Quarter
LaFarge :19 November 2014 Higher Operating Expenses & Strong Price Competition
LaFarge : 02 September 2014 Clouded by higher cost and lack of major projects
LaFarge : 23 May 2014 Lower numbers following completion of KLIA2 project
LaFarge : 07 March 2014 A good income play
LaFarge : 26 February 2014 A Reasonable Quarter
Constructions
Research Title
Gamuda : 17 December 2014 Transition phase in FY16
Gamuda : 02 December 2014 RM392.2m land acquisition
Gamuda : 30 October 2014 Official PDP appointment for MRT Line 2
Gamuda : 30 September 2014 Expect sturdy earnings growth ahead
Gamuda : 05 August 2014 Acquiring Salak Land
Gamuda : 27 June 2014 Expect positive news flow on KVMRT2 soon
Gamuda : 20 June 2014 Acquiring additional 20% in Kesas
Gamuda : 28 March 2014 Effective PDP role reflects in the numbers
Gamuda : 12 March 2014 Losing SPLASH
Gamuda : 11 February 2014 Do not preclude another attempt despite initial setback
Hock Seng Lee : 01 December 2014 Earnings to improve ahead
Hock Seng Lee : 28 August 2014 Value is emerging as FY15 beckons
Hock Seng Lee : 30 May 2014 No surprise in job win
Hock Seng Lee : 23 May 2014 Lower progress claims of construction works
Hock Seng Lee : 30 April 2014 Secured first job in Bintulu
Hock Seng Lee : 28 February 2014 Within expectation
IJM Corporation : 15 December 2014 Official appointment as WCE main contractor
IJM Corporation : 10 December 2014 Mixed development jobs in the bag
IJM Corporation : 09 December 2014 Monetising Indian highway asset
IJM Corporation : 26 November 2014 No major surprises in 1HFY15 earnings
IJM Corporation : 21 November 2014 RM356m contract ahead of 2QFY15 results
IJM Corporation : 27 August 2014 Decent profit for the quarter
IJM Corporation : 10 June 2014 Privatisation of IJM Land Berhad
IJM Corporation : 28 May 2014 Outstanding orderbook at historical high of RM5.2b
IJM Corporation : 22 April 2014 Secured commercial development job
IJM Corporation : 25 March 2014 Well-positioned for the Positives
IJM Corporation : 10 January 2014 Funding for WCE
MRCB : 19 November 2014 Stronger earnings ahead after kitchen sinking exercise in FY13
MRCB : 14 October 2014 Awarded a 30-storey tower construction job
MRCB : 25 August 2014 Stronger Quarters Ahead
MRCB : 15 August 2014 SPV for Project MX-1
MRCB : 25 July 2014 Acquiring remaining stake in Penang Sentral
MRCB : 01 July 2014 Won Project MX-1
MRCB : 23 June 2014 PJ Sentral no longer a dampener, clear road ahead
MRCB : 20 May 2014 Poised for forward earnings recovery
MRCB : 26 February 2014 Optimistic year ahead
MRCB : 30 January 2014 Transformation in progress
Muhibbah Engineering : 18 December 2014 Constructing into prosperity
Protasco : 01 December 2014 Clear road ahead for execution of strategic plans
Protasco : 26 November 2014 Decent profit for the quarter
Protasco : 02 September 2014 Expect stronger earnings growth ahead
Protasco : 06 August 2014 Oil & Gas acquisition in Indonesia called off
Protasco : 25 July 2014 Price retracement offers buying opportunity
Protasco : 03 June 2014 Awarded road works job in Sarawak
Protasco : 28 May 2014 1QFY14 earnings in a slow-growth phase
Protasco : 18 April 2014 Diversification into oil and gas to boost earnings growth
Protasco : 18 March 2014 The road and dividend masters
WCT : 25 November 2014 Another quarter of earnings setback
WCT : 30 October 2014 Shopping centre job lifts orderbook to almost RM3b
WCT : 21 October 2014 Acquiring another piece of land in Bandar
WCT : 25 August 2014 Challenging times to persist
WCT : 22 August 2014 Earnings dragged by lower billings
WCT : 23 July 2014 RM342m job from Petronas
WCT : 26 May 2014 Better quarters ahead
WCT : 23 May 2014 1QFY14 earnings eases
WCT : 26 February 2014 FY13 outpaced our conservative expectation
WCT : 12 February 2014 KLIA2 Gateway to provide recurring income
Gamuda : 17 December 2014 Transition phase in FY16
Gamuda : 02 December 2014 RM392.2m land acquisition
Gamuda : 30 October 2014 Official PDP appointment for MRT Line 2
Gamuda : 30 September 2014 Expect sturdy earnings growth ahead
Gamuda : 05 August 2014 Acquiring Salak Land
Gamuda : 27 June 2014 Expect positive news flow on KVMRT2 soon
Gamuda : 20 June 2014 Acquiring additional 20% in Kesas
Gamuda : 28 March 2014 Effective PDP role reflects in the numbers
Gamuda : 12 March 2014 Losing SPLASH
Gamuda : 11 February 2014 Do not preclude another attempt despite initial setback
Hock Seng Lee : 01 December 2014 Earnings to improve ahead
Hock Seng Lee : 28 August 2014 Value is emerging as FY15 beckons
Hock Seng Lee : 30 May 2014 No surprise in job win
Hock Seng Lee : 23 May 2014 Lower progress claims of construction works
Hock Seng Lee : 30 April 2014 Secured first job in Bintulu
Hock Seng Lee : 28 February 2014 Within expectation
IJM Corporation : 15 December 2014 Official appointment as WCE main contractor
IJM Corporation : 10 December 2014 Mixed development jobs in the bag
IJM Corporation : 09 December 2014 Monetising Indian highway asset
IJM Corporation : 26 November 2014 No major surprises in 1HFY15 earnings
IJM Corporation : 21 November 2014 RM356m contract ahead of 2QFY15 results
IJM Corporation : 27 August 2014 Decent profit for the quarter
IJM Corporation : 10 June 2014 Privatisation of IJM Land Berhad
IJM Corporation : 28 May 2014 Outstanding orderbook at historical high of RM5.2b
IJM Corporation : 22 April 2014 Secured commercial development job
IJM Corporation : 25 March 2014 Well-positioned for the Positives
IJM Corporation : 10 January 2014 Funding for WCE
MRCB : 19 November 2014 Stronger earnings ahead after kitchen sinking exercise in FY13
MRCB : 14 October 2014 Awarded a 30-storey tower construction job
MRCB : 25 August 2014 Stronger Quarters Ahead
MRCB : 15 August 2014 SPV for Project MX-1
MRCB : 25 July 2014 Acquiring remaining stake in Penang Sentral
MRCB : 01 July 2014 Won Project MX-1
MRCB : 23 June 2014 PJ Sentral no longer a dampener, clear road ahead
MRCB : 20 May 2014 Poised for forward earnings recovery
MRCB : 26 February 2014 Optimistic year ahead
MRCB : 30 January 2014 Transformation in progress
Muhibbah Engineering : 18 December 2014 Constructing into prosperity
Protasco : 01 December 2014 Clear road ahead for execution of strategic plans
Protasco : 26 November 2014 Decent profit for the quarter
Protasco : 02 September 2014 Expect stronger earnings growth ahead
Protasco : 06 August 2014 Oil & Gas acquisition in Indonesia called off
Protasco : 25 July 2014 Price retracement offers buying opportunity
Protasco : 03 June 2014 Awarded road works job in Sarawak
Protasco : 28 May 2014 1QFY14 earnings in a slow-growth phase
Protasco : 18 April 2014 Diversification into oil and gas to boost earnings growth
Protasco : 18 March 2014 The road and dividend masters
WCT : 25 November 2014 Another quarter of earnings setback
WCT : 30 October 2014 Shopping centre job lifts orderbook to almost RM3b
WCT : 21 October 2014 Acquiring another piece of land in Bandar
WCT : 25 August 2014 Challenging times to persist
WCT : 22 August 2014 Earnings dragged by lower billings
WCT : 23 July 2014 RM342m job from Petronas
WCT : 26 May 2014 Better quarters ahead
WCT : 23 May 2014 1QFY14 earnings eases
WCT : 26 February 2014 FY13 outpaced our conservative expectation
WCT : 12 February 2014 KLIA2 Gateway to provide recurring income
Consumer
Research Title
AEON : 21 November 2014 Subpar retail business contribution
AEON : 29 August 2014 Negative adjusted profit growth due to high operating cost
AEON : 16 May 2016 Earnings dragged by higher operating costs in 1QFY14
AEON : 28 February 2016 New stores contributed to higher FY13 earnings
F&N Holdings : 07 November 2014 Dragged by margin of Dairies Thailand
F&N Holdings : 07 August 2014 Dairies Thailand continue to struggle
F&N Holdings : 08 May 2014 Delivers amid intense competition in soft drink
F&N Holdings : 11 February 2014 A good start to FY14
MSM Malaysia : 20 November 2014 Troubled by the rise of APs
MSM Malaysia : 21 August 2014 A disappointing first half
MSM Malaysia : 22 May 2014 Uninspiring performance on the back of weaker demand
MSM Malaysia : 09 May 2014 Major boost in production capacity
MSM Malaysia : 20 February 2014 Higher profit margin on lower raw sugar price
Nestle : 28 October 2014 Lower marketing expenses lifted bottom line
Nestle : 13 August 2014 Sacrificing margin for market share
Nestle : 21 Avril 2014 Margin to stay intact despite marketing splurge
Nestle : 18 April 2014 In aggressive marketing mood
Nestle : 25 February 2014 F&B sales drove double-digit earnings growth
Padini : 27 November 2014 Less than impressive start to FY15
Padini : 28 August 2014 New stores to drive future top line growth
Padini : 09 July 2014 Expansion to continue in FY15
Padini : 29 May 2014 Uneventful quarter, look forward to Hari Raya sales
Padini : 06 May 2014 Growing dividends through Brands Outlets
Padini : 27 February 2014 Christmas holidays fuelled earnings growth
Parkson : 25 November 2014 Weak China’s operation
Parkson : 27 August 2014 A year to forget for Parkson with its earnings almost halved
Parkson : 13 February 2014 Parkson’s China woes expected to persist
AEON : 21 November 2014 Subpar retail business contribution
AEON : 29 August 2014 Negative adjusted profit growth due to high operating cost
AEON : 16 May 2016 Earnings dragged by higher operating costs in 1QFY14
AEON : 28 February 2016 New stores contributed to higher FY13 earnings
F&N Holdings : 07 November 2014 Dragged by margin of Dairies Thailand
F&N Holdings : 07 August 2014 Dairies Thailand continue to struggle
F&N Holdings : 08 May 2014 Delivers amid intense competition in soft drink
F&N Holdings : 11 February 2014 A good start to FY14
MSM Malaysia : 20 November 2014 Troubled by the rise of APs
MSM Malaysia : 21 August 2014 A disappointing first half
MSM Malaysia : 22 May 2014 Uninspiring performance on the back of weaker demand
MSM Malaysia : 09 May 2014 Major boost in production capacity
MSM Malaysia : 20 February 2014 Higher profit margin on lower raw sugar price
Nestle : 28 October 2014 Lower marketing expenses lifted bottom line
Nestle : 13 August 2014 Sacrificing margin for market share
Nestle : 21 Avril 2014 Margin to stay intact despite marketing splurge
Nestle : 18 April 2014 In aggressive marketing mood
Nestle : 25 February 2014 F&B sales drove double-digit earnings growth
Padini : 27 November 2014 Less than impressive start to FY15
Padini : 28 August 2014 New stores to drive future top line growth
Padini : 09 July 2014 Expansion to continue in FY15
Padini : 29 May 2014 Uneventful quarter, look forward to Hari Raya sales
Padini : 06 May 2014 Growing dividends through Brands Outlets
Padini : 27 February 2014 Christmas holidays fuelled earnings growth
Parkson : 25 November 2014 Weak China’s operation
Parkson : 27 August 2014 A year to forget for Parkson with its earnings almost halved
Parkson : 13 February 2014 Parkson’s China woes expected to persist
Healthcare
Research Title
IHH Healthcare : 26 November 2014 Good performance despite a ‘slow’ period
IHH Healthcare : 26 August 2014 Fairly strong results but still lagged our expectation
KPJ : 26 November 2014 Strong growth on higher utilisation
KPJ : 31 October 2014 Fairly bright prognosis
KPJ : August 2014 Steady as she goes
KPJ : 27 May 2014 No quick remedy for Aged Care and Support Services segments
KPJ : 03 March 2014 Profitability pressured by aggressive expansion
UEM Edgenta : 20 May 2014 New RM1.03b contract for its IFM division
UEM Edgenta : 23 April 2014 Value continues to unlock as share price breaks RM3
UEM Edgenta : 10 April 2014 Operationally sound, on track to be an AFM champion
IHH Healthcare : 26 November 2014 Good performance despite a ‘slow’ period
IHH Healthcare : 26 August 2014 Fairly strong results but still lagged our expectation
KPJ : 26 November 2014 Strong growth on higher utilisation
KPJ : 31 October 2014 Fairly bright prognosis
KPJ : August 2014 Steady as she goes
KPJ : 27 May 2014 No quick remedy for Aged Care and Support Services segments
KPJ : 03 March 2014 Profitability pressured by aggressive expansion
UEM Edgenta : 20 May 2014 New RM1.03b contract for its IFM division
UEM Edgenta : 23 April 2014 Value continues to unlock as share price breaks RM3
UEM Edgenta : 10 April 2014 Operationally sound, on track to be an AFM champion
Industrial
Research Title
Daibochi : 23 October 2014 Expecting better 4QFY14 with e-savers in place
Daibochi : 25 July 2014 An interesting year ahead, 2015
Daibochi : 24 July 2014 Strong topline growth from MNC clients
Daibochi : 15 May 2014 Hershey’s, new re-rating catalyst
Daibochi : 14 May 2014 Lowest earnings margin for the past two years
Daibochi : 24 February 2014 Approaching 2014 cautiously
Daibochi : 21 February 2014 Double-digit growth supported by higher sales
Panasonic : 01 December 2014 FY15 to be further supported by new premium product
Panasonic : 22 August 2014 Earnings growth outpaced sales growth Panasonic 02 June 2014 Highest revenue ever
Daibochi : 23 October 2014 Expecting better 4QFY14 with e-savers in place
Daibochi : 25 July 2014 An interesting year ahead, 2015
Daibochi : 24 July 2014 Strong topline growth from MNC clients
Daibochi : 15 May 2014 Hershey’s, new re-rating catalyst
Daibochi : 14 May 2014 Lowest earnings margin for the past two years
Daibochi : 24 February 2014 Approaching 2014 cautiously
Daibochi : 21 February 2014 Double-digit growth supported by higher sales
Panasonic : 01 December 2014 FY15 to be further supported by new premium product
Panasonic : 22 August 2014 Earnings growth outpaced sales growth Panasonic 02 June 2014 Highest revenue ever
Media
Research Title
Astro : 12 December 2014 Net adds for the Pay-TV segment continues to dwindle
Astro : 22 September 2014 Slower net adds despite World Cup event
Astro : 19 June 2014 World Cup to boost second quarter revenue
Astro : 01 April 2014 Revenue expansion across all segments
Media Prima : 07 November 2014 Topline impacted by weak operating environment
Media Prima : 15 August 2014 Numbers pointing to lower dividend payout this year
Media Prima : 09 May 2014 Subdued earnings growth
Media Prima : 21 February 2014 TV and print media segments losing traction
Star : 20 November 2014 EEIT was the star performer
Star : 19 August 2014 Reaffirming its dividend-play status
Star : 03 June 2014 Returning to normalcy in 2Q14
Star : 22 May 2014 Taking a hit from VSS, higher margin moving forward
Star : 28 February 2014 Lack of catalyst to boost its print segment
Astro : 12 December 2014 Net adds for the Pay-TV segment continues to dwindle
Astro : 22 September 2014 Slower net adds despite World Cup event
Astro : 19 June 2014 World Cup to boost second quarter revenue
Astro : 01 April 2014 Revenue expansion across all segments
Media Prima : 07 November 2014 Topline impacted by weak operating environment
Media Prima : 15 August 2014 Numbers pointing to lower dividend payout this year
Media Prima : 09 May 2014 Subdued earnings growth
Media Prima : 21 February 2014 TV and print media segments losing traction
Star : 20 November 2014 EEIT was the star performer
Star : 19 August 2014 Reaffirming its dividend-play status
Star : 03 June 2014 Returning to normalcy in 2Q14
Star : 22 May 2014 Taking a hit from VSS, higher margin moving forward
Star : 28 February 2014 Lack of catalyst to boost its print segment
Non-Bank Financials
Research Title
Bursa Malaysia : 22 December 2014 Derivative transactions to thrive on market volatility
Bursa Malaysia : 18 April 2014 Within expectations
Bursa Malaysia : 30 January 2014 FY13 ended with a bang
MBSB : 16 May 2014 Challenging times to persist
MBSB : 29 January 2014 A good FY13, but challenging FY14 ahead
Syarikat Takaful : 27 May 2014 Prudent cost and claim management to counter decelerating top-line growth
Syarikat Takaful : 04 March 2014 Earnings remain intact
Syarikat Takaful : 18 February 2014 Strong double-digit growth yet again
Bursa Malaysia : 22 December 2014 Derivative transactions to thrive on market volatility
Bursa Malaysia : 18 April 2014 Within expectations
Bursa Malaysia : 30 January 2014 FY13 ended with a bang
MBSB : 16 May 2014 Challenging times to persist
MBSB : 29 January 2014 A good FY13, but challenging FY14 ahead
Syarikat Takaful : 27 May 2014 Prudent cost and claim management to counter decelerating top-line growth
Syarikat Takaful : 04 March 2014 Earnings remain intact
Syarikat Takaful : 18 February 2014 Strong double-digit growth yet again
Oil & Gas
Research Title
Bumi Armada : 05 December 2014 Rationalisation in valuation
Bumi Armada : 21 November 2014 Fourth consecutive quarterly earnings improvement
Bumi Armada : 21 August 2014 Expecting larger contributions from FPSO segment
Bumi Armada : 20 August 2014 Madura FPSO gig clinched as anticipated
Bumi Armada : 26 May 2014 Unfavourable impact from lower utilisation rates
Bumi Armada : 01 April 2014 Second FPSO gig in 2014 – fleet rises to eight
Bumi Armada : 20 February 2014 Strong outlook of the FPSO industry
Bumi Armada : 24 January 2014 Angola PSV gigs
Dayang Enterprise : 16 December 2014 Dawn of a new venture
Dayang Enterprise : 27 November 2014 Earnings at all-time high
Dayang Enterprise : 10 September 2014 The next stage of growth
Dayang Enterprise : 25 August 2014 Larger contribution from associate company
Dayang Enterprise : 26 May 2014 Seasonally weak quarter – stronger quarters ahead
Dayang Enterprise : 27 February 2014 Pan Malaysia HUC gig to fuel future earnings growth
Dialog Group : 19 November 2014 Lower international activity level
Dialog Group : 22 August 2014 Higher local and international activity levels
Dialog Group : 16 May 2014 Higher contributions from international segments
Dialog Group : 14 February 2014 Pengerang EPCC drove earnings higher
Favelle Favco : 26 November 2014 Orderbook hits record high
Favelle Favco : 10 October 2014 Sales order target on track
Favelle Favco : 04 September 2014 Over RM375m worth of new orders this year
Favelle Favco : 26 August 2014 Best quarter achieved since listing
Favelle Favco : 22 July 2014 Affordable exposure into O&G services industry
Gas Malaysia : 13 November 2014 Sustained earnings growth seen
Gas Malaysia : 30 October 2014 Subsidy rationalisation in motion
Gas Malaysia : 21 August 2014 Best quarter in three years – but no impact on valuation
Gas Malaysia : 16 May 2014 No earnings surprise – growth intact
Gas Malaysia : 14 February 2014 “Virtual pipeline” to help maintain steady growth
KNM Group : 27 November 2014 Fundamentals intact – opportunistic BUY on price weakness
KNM Group : 28 August 2014 Continued improvements on all fronts
KNM Group : 08 August 2014 RAPID progress for KNM
KNM Group : 29 May 2014 Rationalisation efforts paying dividends – all segments in the black
KNM Group : 28 May 2014 Earnings expected to surprise on the upside
KNM Group : 03 March 2014 Bleeding under control, silver lining seen
MMHE Holding : 06 November 2014 Thinner profit margins
MMHE Holding : 04 November 2014 First contract wins for the year
MMHE Holding : 06 August 2014 Full year earnings likely to disappoint
MMHE Holding : 08 May 2014 Challenging times ahead as margin thins
MMHE Holding : 12 February 2014 Tail-end projects weigh down earnings
Petronas Chemical : 07 November 2014 Lower ASPs and volume a bane to earnings
Petronas Chemical : 12 August 2014 FY14 earnings likely to disappoint
Petronas Chemical : 09 May 2014 Year of heavy maintenance – earnings to pick-up in 2H14
Petronas Chemical : 11 February 2014 Heavy plant maintenance dampens sales volume
Petronas Gas : 05 November 2014 Lower profit margin from higher cost of sales
Petronas Gas : 11 August 2014 Regasification segment now a major group contributor
Petronas Gas : 07 May 2014 Earnings propped by regasification segment
Petronas Gas : 07 April 2014 In the spirit of performance, reliability and efficiency
Petronas Gas : 11 February 2014 New Income from regasification segment
Sapura Kencana : 10 December 2014 Solid earnings reflected from solid orderbook
Sapura Kencana : 08 December 2014 Valuation de-rating
Sapura Kencana : 21 November 2014 Rebalancing upstream portfolio
Sapura Kencana : 02 September 2014 Three new gigs and a gas find
Sapura Kencana : 20 June 2014 Inaugural dividend from the merged entity
Sapura Kencana : 17 June 2014 USD700m orderbook boost
Sapura Kencana : 16 May 2014 Five jobs worth USD312m
Sapura Kencana : 02 April 2014 Avalanche of jobs – momentum remains strong
Wah Seong : 01 December 2014 Oil and gas segment going on strong
Wah Seong : 26 August 2014 Revival of oil & gas segment
Wah Seong : 15 August 2014 Buying OSV company to diversify
Wah Seong : 28 May 2014 Earnings sustained from key business units
Wah Seong : 26 February 2014 Best quarterly earnings in two years
Bumi Armada : 05 December 2014 Rationalisation in valuation
Bumi Armada : 21 November 2014 Fourth consecutive quarterly earnings improvement
Bumi Armada : 21 August 2014 Expecting larger contributions from FPSO segment
Bumi Armada : 20 August 2014 Madura FPSO gig clinched as anticipated
Bumi Armada : 26 May 2014 Unfavourable impact from lower utilisation rates
Bumi Armada : 01 April 2014 Second FPSO gig in 2014 – fleet rises to eight
Bumi Armada : 20 February 2014 Strong outlook of the FPSO industry
Bumi Armada : 24 January 2014 Angola PSV gigs
Dayang Enterprise : 16 December 2014 Dawn of a new venture
Dayang Enterprise : 27 November 2014 Earnings at all-time high
Dayang Enterprise : 10 September 2014 The next stage of growth
Dayang Enterprise : 25 August 2014 Larger contribution from associate company
Dayang Enterprise : 26 May 2014 Seasonally weak quarter – stronger quarters ahead
Dayang Enterprise : 27 February 2014 Pan Malaysia HUC gig to fuel future earnings growth
Dialog Group : 19 November 2014 Lower international activity level
Dialog Group : 22 August 2014 Higher local and international activity levels
Dialog Group : 16 May 2014 Higher contributions from international segments
Dialog Group : 14 February 2014 Pengerang EPCC drove earnings higher
Favelle Favco : 26 November 2014 Orderbook hits record high
Favelle Favco : 10 October 2014 Sales order target on track
Favelle Favco : 04 September 2014 Over RM375m worth of new orders this year
Favelle Favco : 26 August 2014 Best quarter achieved since listing
Favelle Favco : 22 July 2014 Affordable exposure into O&G services industry
Gas Malaysia : 13 November 2014 Sustained earnings growth seen
Gas Malaysia : 30 October 2014 Subsidy rationalisation in motion
Gas Malaysia : 21 August 2014 Best quarter in three years – but no impact on valuation
Gas Malaysia : 16 May 2014 No earnings surprise – growth intact
Gas Malaysia : 14 February 2014 “Virtual pipeline” to help maintain steady growth
KNM Group : 27 November 2014 Fundamentals intact – opportunistic BUY on price weakness
KNM Group : 28 August 2014 Continued improvements on all fronts
KNM Group : 08 August 2014 RAPID progress for KNM
KNM Group : 29 May 2014 Rationalisation efforts paying dividends – all segments in the black
KNM Group : 28 May 2014 Earnings expected to surprise on the upside
KNM Group : 03 March 2014 Bleeding under control, silver lining seen
MMHE Holding : 06 November 2014 Thinner profit margins
MMHE Holding : 04 November 2014 First contract wins for the year
MMHE Holding : 06 August 2014 Full year earnings likely to disappoint
MMHE Holding : 08 May 2014 Challenging times ahead as margin thins
MMHE Holding : 12 February 2014 Tail-end projects weigh down earnings
Petronas Chemical : 07 November 2014 Lower ASPs and volume a bane to earnings
Petronas Chemical : 12 August 2014 FY14 earnings likely to disappoint
Petronas Chemical : 09 May 2014 Year of heavy maintenance – earnings to pick-up in 2H14
Petronas Chemical : 11 February 2014 Heavy plant maintenance dampens sales volume
Petronas Gas : 05 November 2014 Lower profit margin from higher cost of sales
Petronas Gas : 11 August 2014 Regasification segment now a major group contributor
Petronas Gas : 07 May 2014 Earnings propped by regasification segment
Petronas Gas : 07 April 2014 In the spirit of performance, reliability and efficiency
Petronas Gas : 11 February 2014 New Income from regasification segment
Sapura Kencana : 10 December 2014 Solid earnings reflected from solid orderbook
Sapura Kencana : 08 December 2014 Valuation de-rating
Sapura Kencana : 21 November 2014 Rebalancing upstream portfolio
Sapura Kencana : 02 September 2014 Three new gigs and a gas find
Sapura Kencana : 20 June 2014 Inaugural dividend from the merged entity
Sapura Kencana : 17 June 2014 USD700m orderbook boost
Sapura Kencana : 16 May 2014 Five jobs worth USD312m
Sapura Kencana : 02 April 2014 Avalanche of jobs – momentum remains strong
Wah Seong : 01 December 2014 Oil and gas segment going on strong
Wah Seong : 26 August 2014 Revival of oil & gas segment
Wah Seong : 15 August 2014 Buying OSV company to diversify
Wah Seong : 28 May 2014 Earnings sustained from key business units
Wah Seong : 26 February 2014 Best quarterly earnings in two years
Plantation
Research Title
Felda Global Ventures : 28 November 2014 Earnings dragged by poor downstream performance
Felda Global Ventures : 26 August 2014 Weak earnings despite strong sales
Felda Global Ventures : 26 May 2014 Earnings growth to moderate with a drop in production
Felda Global Ventures : 04 April 2014 Boost from high-yielding Sabah asset
Genting Plantations : 21 November 2014 Young tree age profiles to support earnings growth
Genting Plantations : 28 August 2014 FFB growth to moderate impact of lower CPO price
Genting Plantations : 29 May 2014 Strong FFB growth from Indonesian operation
Genting Plantations : 27 February 2014 Reaping benefit from Indonesian young trees
IJM Plantations : 15 December 2014 Official appointment as WCE main contractor
IJM Plantations : 10 December 2014 Mixed development jobs in the bag
IJM Plantations : 09 December 2014 Monetising Indian highway asset
IJM Plantations : 26 November 2014 No major surprises in 1HFY15 earnings
IJM Plantations : 21 November 2014 RM356m contract ahead of 2QFY15 results
IJM Plantations : 27 August 2014 Decent profit for the quarter
IJM Plantations : 10 June 2014 Privatisation of IJM Land Berhad
IJM Plantations : 28 May 2014 Outstanding orderbook at historical high of RM5.2b
IJM Plantations : 22 April 2014 Secured commercial development job
IJM Plantations : 25 March 2014 Well-positioned for the positives
IJM Plantations : 10 January 2014 Funding for WCE
IOI Corporations : 18 November 2014 Plantation up, RBM down
IOI Corporations : 21 August 2014 Challenging market conditions ahead
IOI Corporations : 23 May 2014 Earnings lifted by one-off gain
IOI Corporations : 26 February 2014 FOREX loss continue to take its toll
KL Kepong : 20 November 2014 Downward pressure of downstream segment
KL Kepong : 21 August 2014 Higher CPO price squeezed manufacturing margin
KL Kepong : 22 May 2014 Commendable growth, but valuation is rich
KL Kepong : 20 February 2014 A fairly good start to FY2014
Sime Darby : 01 December 2014 A slow start despite upbeat plantation earnings
Sime Darby : 10 October 2014 Buying a jewel
Sime Darby : 02 September 2014Tepid earnings growth prospect
Sime Darby : 10 July 2014 Unlocking the gems
Sime Darby : 07 July 2014 Deal sealed over land in Elmina West
Sime Darby : 30 May 2014 Weaker earnings growth from all divisions
Sime Darby : 08 April 2014 Disposal of PDP to have immaterial impact on earnings
Sime Darby : 03 March 2014 Output affected by wet weather condition in 1HFY14
Ta Ann : 26 November 2014 Double-digit growth maintained
Ta Ann : 02 September 2014 Robust earnings growth continues
Ta Ann : 28 March 2014 To benefit from Myanmar’s log export ban
TSH Resources : 19 November 2014 Earnings grew on stronger FFB production
TSH Resources : 27 August 2014 Anticipating weaker quarters ahead
TSH Resources : 23 May 2014 Unrealized FX gain provided earnings boost
TSH Resources : 26 February 2014 Profit soars on strong FFB growth
Felda Global Ventures : 28 November 2014 Earnings dragged by poor downstream performance
Felda Global Ventures : 26 August 2014 Weak earnings despite strong sales
Felda Global Ventures : 26 May 2014 Earnings growth to moderate with a drop in production
Felda Global Ventures : 04 April 2014 Boost from high-yielding Sabah asset
Genting Plantations : 21 November 2014 Young tree age profiles to support earnings growth
Genting Plantations : 28 August 2014 FFB growth to moderate impact of lower CPO price
Genting Plantations : 29 May 2014 Strong FFB growth from Indonesian operation
Genting Plantations : 27 February 2014 Reaping benefit from Indonesian young trees
IJM Plantations : 15 December 2014 Official appointment as WCE main contractor
IJM Plantations : 10 December 2014 Mixed development jobs in the bag
IJM Plantations : 09 December 2014 Monetising Indian highway asset
IJM Plantations : 26 November 2014 No major surprises in 1HFY15 earnings
IJM Plantations : 21 November 2014 RM356m contract ahead of 2QFY15 results
IJM Plantations : 27 August 2014 Decent profit for the quarter
IJM Plantations : 10 June 2014 Privatisation of IJM Land Berhad
IJM Plantations : 28 May 2014 Outstanding orderbook at historical high of RM5.2b
IJM Plantations : 22 April 2014 Secured commercial development job
IJM Plantations : 25 March 2014 Well-positioned for the positives
IJM Plantations : 10 January 2014 Funding for WCE
IOI Corporations : 18 November 2014 Plantation up, RBM down
IOI Corporations : 21 August 2014 Challenging market conditions ahead
IOI Corporations : 23 May 2014 Earnings lifted by one-off gain
IOI Corporations : 26 February 2014 FOREX loss continue to take its toll
KL Kepong : 20 November 2014 Downward pressure of downstream segment
KL Kepong : 21 August 2014 Higher CPO price squeezed manufacturing margin
KL Kepong : 22 May 2014 Commendable growth, but valuation is rich
KL Kepong : 20 February 2014 A fairly good start to FY2014
Sime Darby : 01 December 2014 A slow start despite upbeat plantation earnings
Sime Darby : 10 October 2014 Buying a jewel
Sime Darby : 02 September 2014Tepid earnings growth prospect
Sime Darby : 10 July 2014 Unlocking the gems
Sime Darby : 07 July 2014 Deal sealed over land in Elmina West
Sime Darby : 30 May 2014 Weaker earnings growth from all divisions
Sime Darby : 08 April 2014 Disposal of PDP to have immaterial impact on earnings
Sime Darby : 03 March 2014 Output affected by wet weather condition in 1HFY14
Ta Ann : 26 November 2014 Double-digit growth maintained
Ta Ann : 02 September 2014 Robust earnings growth continues
Ta Ann : 28 March 2014 To benefit from Myanmar’s log export ban
TSH Resources : 19 November 2014 Earnings grew on stronger FFB production
TSH Resources : 27 August 2014 Anticipating weaker quarters ahead
TSH Resources : 23 May 2014 Unrealized FX gain provided earnings boost
TSH Resources : 26 February 2014 Profit soars on strong FFB growth
Property
Research Title
Glomac : 20 March 2014 Strategic deferments dampen sales
Glomac : 17 March 2014 Inexpensive land acquisition to yield thicker margin
Mah Sing : 14 March 2014 Golf course acquisition suggests reversal of focus in FY16
Mah Sing : 03 March 2014 The focus is on affordable housing in FY14
SP Setia : 12 June 2014 Treading murky water with strong unbilled sales
Sunway : 14 November 2014 Next stage of growth
Sunway : 28 February 2014 Iskandar to be the next frontier
UOA Development : 29 May 2014 No surprises in 1QFY14
UOA Development : 27 February 2014 Sales growth to moderate moving into FY14
UOA Development : 08 January 2014 Sale and leaseback of Bangsar South office building
Glomac : 20 March 2014 Strategic deferments dampen sales
Glomac : 17 March 2014 Inexpensive land acquisition to yield thicker margin
Mah Sing : 14 March 2014 Golf course acquisition suggests reversal of focus in FY16
Mah Sing : 03 March 2014 The focus is on affordable housing in FY14
SP Setia : 12 June 2014 Treading murky water with strong unbilled sales
Sunway : 14 November 2014 Next stage of growth
Sunway : 28 February 2014 Iskandar to be the next frontier
UOA Development : 29 May 2014 No surprises in 1QFY14
UOA Development : 27 February 2014 Sales growth to moderate moving into FY14
UOA Development : 08 January 2014 Sale and leaseback of Bangsar South office building
REITS
Research Title
Axis : 22 April 2014 Flattish performance in the absence of disposal gain
Axis : 22 January 2014 FY14 should see an asset acquisition
Axis : 21 January 2014 Lower operating and finance expenses provide support
Capitaland REIT : 17 April 2014 Managing MRT disruptions well
Capitaland REIT : 24 January 2014 Solid performance despite MRT works at Sungei Wang Plaza
IGB REIT : 02 May 2014 Double digit growth but still lacking catalyst
IGB REIT : 29 January 2014 Good quarter but still lacking near term catalyst
Pavilion REIT : 25 April 2014 Not much to shout about... for now
Pavilion REIT : 20 January 2014 Expect a more subdued price performance in FY14
Sunway REIT : 30 April 2014 Growth in office portfolio decelerating
Sunway REIT : 27 January 2014 Medical Centre provides support during Putra Mall’s downtime
Axis : 22 April 2014 Flattish performance in the absence of disposal gain
Axis : 22 January 2014 FY14 should see an asset acquisition
Axis : 21 January 2014 Lower operating and finance expenses provide support
Capitaland REIT : 17 April 2014 Managing MRT disruptions well
Capitaland REIT : 24 January 2014 Solid performance despite MRT works at Sungei Wang Plaza
IGB REIT : 02 May 2014 Double digit growth but still lacking catalyst
IGB REIT : 29 January 2014 Good quarter but still lacking near term catalyst
Pavilion REIT : 25 April 2014 Not much to shout about... for now
Pavilion REIT : 20 January 2014 Expect a more subdued price performance in FY14
Sunway REIT : 30 April 2014 Growth in office portfolio decelerating
Sunway REIT : 27 January 2014 Medical Centre provides support during Putra Mall’s downtime
Rubber Glove
Research Title
Hartalega : 19 November 2014 1HFY15 impacted by rising costs and lower ASP
Hartalega : 06 August 2014 Sentiment-driven opportunistic buy
Hartalega : 07 May 2014 Highest ever volume but margin squeeze haunts
Hartalega : 19 February 2014 Imputing H1N1 effect last quarter of FY14
Hartalega : 12 February 2014 Lower ASP due to competitive pricing
Kossan : 21 November 2014 Capacity enhancements to drive sales in FY15
Kossan : 21 August 2014 Expecting higher sales with plant expansion
Kossan : 26 May 2014 Positive expansion plans in 2014
Kossan : 27 February 2014 Higher sales volume offset lower gloves selling prices
Top Glove : 17 December 2014 Growth moderated by lower ASP
Top Glove : 17 October 2014 Possible M&As in FY15
Top Glove : 15 October 2014 China operations back in the black
Top Glove : 18 June 2014 Capacity to increase with two more factories
Top Glove : 21 March 2014 Earnings dragged by low average selling prices
Top Glove : 08 January 2014 Cutting losses on China’s vinyl operations
Hartalega : 19 November 2014 1HFY15 impacted by rising costs and lower ASP
Hartalega : 06 August 2014 Sentiment-driven opportunistic buy
Hartalega : 07 May 2014 Highest ever volume but margin squeeze haunts
Hartalega : 19 February 2014 Imputing H1N1 effect last quarter of FY14
Hartalega : 12 February 2014 Lower ASP due to competitive pricing
Kossan : 21 November 2014 Capacity enhancements to drive sales in FY15
Kossan : 21 August 2014 Expecting higher sales with plant expansion
Kossan : 26 May 2014 Positive expansion plans in 2014
Kossan : 27 February 2014 Higher sales volume offset lower gloves selling prices
Top Glove : 17 December 2014 Growth moderated by lower ASP
Top Glove : 17 October 2014 Possible M&As in FY15
Top Glove : 15 October 2014 China operations back in the black
Top Glove : 18 June 2014 Capacity to increase with two more factories
Top Glove : 21 March 2014 Earnings dragged by low average selling prices
Top Glove : 08 January 2014 Cutting losses on China’s vinyl operations
Shipping
Research Title
Maybulk : 27 November 2014 Expect recovery in POSH contribution
Maybulk : 25 August 2014 Impacted by weak charter rate and lower POSH gain
Maybulk : 29 May 2014 Boosted by associate’s gain on asset disposal
Maybulk : 03 April 2014 Subscription to POSH IPO exercise
Maybulk : 28 February 2014 Shifting into expansion mode
MISC : 10 November 2014 Petroleum rate on the rise
MISC : 07 August 2014 Petroleum segment returns to the red
MISC : 12 May 2014 Petroleum tanker’s profit swung back into black
MISC : 24 March 2014 Disposal of liner logistics business
MISC : 14 February 2014 Buoyed by one-off disposal gain of Gumusut FPS
MISC : 07 November 2014 Benefited from higher terminal utilisation
MISC : 24 July 2014 Boosted by strong growth in intra-Asia routes
MISC : 19 June 2014 P3 alliance called off
MISC : 14 February 2014 Safe harbour in expansion mode
MISC : 23 January 2014 A question of port fee, as P3 risks may be overblown
Maybulk : 27 November 2014 Expect recovery in POSH contribution
Maybulk : 25 August 2014 Impacted by weak charter rate and lower POSH gain
Maybulk : 29 May 2014 Boosted by associate’s gain on asset disposal
Maybulk : 03 April 2014 Subscription to POSH IPO exercise
Maybulk : 28 February 2014 Shifting into expansion mode
MISC : 10 November 2014 Petroleum rate on the rise
MISC : 07 August 2014 Petroleum segment returns to the red
MISC : 12 May 2014 Petroleum tanker’s profit swung back into black
MISC : 24 March 2014 Disposal of liner logistics business
MISC : 14 February 2014 Buoyed by one-off disposal gain of Gumusut FPS
MISC : 07 November 2014 Benefited from higher terminal utilisation
MISC : 24 July 2014 Boosted by strong growth in intra-Asia routes
MISC : 19 June 2014 P3 alliance called off
MISC : 14 February 2014 Safe harbour in expansion mode
MISC : 23 January 2014 A question of port fee, as P3 risks may be overblown
Steel
Research Title
Ann Joo : 27 November 2014 Improved margin on lower raw material prices
Ann Joo : 29 August 2014 Dumping activities of China’s mills yet to abate
Ann Joo : 27 May 2014 Global overcapacity likely to continue to impact steel prices
Ann Joo : 27 February 2014 Steel prices remain weak
Lion : 27 November 2014 Market condition for steel industry continues to look challenging
Lion : 29 August 2014 Challenging operating conditions for Steel Division likely to persist
Lion : 28 May 2014 Steel division turning around, but price outlook still weak
Lion : 28 February 2014 Higher impairment losses for its investment in quoted shares
Ann Joo : 27 November 2014 Improved margin on lower raw material prices
Ann Joo : 29 August 2014 Dumping activities of China’s mills yet to abate
Ann Joo : 27 May 2014 Global overcapacity likely to continue to impact steel prices
Ann Joo : 27 February 2014 Steel prices remain weak
Lion : 27 November 2014 Market condition for steel industry continues to look challenging
Lion : 29 August 2014 Challenging operating conditions for Steel Division likely to persist
Lion : 28 May 2014 Steel division turning around, but price outlook still weak
Lion : 28 February 2014 Higher impairment losses for its investment in quoted shares
Technology
Research Title
Globetronics : 29 October 2014 Double digit earnings growth maintained
Globetronics : 14 October 2014 Riding on the wearable wave
Globetronics : 06 August 2014 Higher earnings from ramp-up in production
Globetronics : 31 July 2014 Higher dividends in the offing
Globetronics : 30 April 2014 Dividend commitment remains intact
Globetronics : 09 April 2014 Positive earnings surprises from 2Q14 onwards
Globetronics : 26 February 2014 New products to ensure earnings continue to grow
Globetronics : 13 January 2014 Three new products lined up in 2H2014
Unisem : 31 October 2014 In “high gear” mode
Unisem : 25 July 2014 Positive momentum priced-in
Unisem : 09 May 2014 Out of the weak phase
Unisem : 27 February 2014 Kitching sinking exercise in 4Q13
Globetronics : 29 October 2014 Double digit earnings growth maintained
Globetronics : 14 October 2014 Riding on the wearable wave
Globetronics : 06 August 2014 Higher earnings from ramp-up in production
Globetronics : 31 July 2014 Higher dividends in the offing
Globetronics : 30 April 2014 Dividend commitment remains intact
Globetronics : 09 April 2014 Positive earnings surprises from 2Q14 onwards
Globetronics : 26 February 2014 New products to ensure earnings continue to grow
Globetronics : 13 January 2014 Three new products lined up in 2H2014
Unisem : 31 October 2014 In “high gear” mode
Unisem : 25 July 2014 Positive momentum priced-in
Unisem : 09 May 2014 Out of the weak phase
Unisem : 27 February 2014 Kitching sinking exercise in 4Q13
Telecommunications
Research Title
Axiata : 25 November 2014 Thinning margin from higher opex
Axiata : 28 August 2014 Axis acquisition negatively impacted earnings
Axiata : 28 May 2014 Earnings pressure from Celcom and XL
Axiata : 03 July 2014 Disposing non-core asset in Thailand
Axiata : 21 February 2014 Weighed down by the Indonesia operation
Digi : 18 July 2014 Leader in data monetisation
Digi : 28 April 2014 Earnings boosted by lower depreciation and amortisation expenses
Digi : 07 February 2014 Increasing prominence of non-voice business
Maxis : 14 November 2014 No near term re-rating catalyst
Maxis : 23 July 2014 FY15 dividend likely to fall below 40 sen
Maxis : 08 May 2014 Prepaid customer base continue to decline
Maxis : 12 February 2014 Keeping dividend commitment of 40sen per share
Telekom : 27 November 2014 Abating profit margin impacted bottomline
Telekom : 28 August 2014 Higher effective tax rate a bane to earnings
Telekom : 29 May 2014 Expiry of HSBB incentive hurting earnings
Telekom : 28 March 2014 Power over P1
Telekom : 28 February 2014 Higher ARPU across all product segments
Axiata : 25 November 2014 Thinning margin from higher opex
Axiata : 28 August 2014 Axis acquisition negatively impacted earnings
Axiata : 28 May 2014 Earnings pressure from Celcom and XL
Axiata : 03 July 2014 Disposing non-core asset in Thailand
Axiata : 21 February 2014 Weighed down by the Indonesia operation
Digi : 18 July 2014 Leader in data monetisation
Digi : 28 April 2014 Earnings boosted by lower depreciation and amortisation expenses
Digi : 07 February 2014 Increasing prominence of non-voice business
Maxis : 14 November 2014 No near term re-rating catalyst
Maxis : 23 July 2014 FY15 dividend likely to fall below 40 sen
Maxis : 08 May 2014 Prepaid customer base continue to decline
Maxis : 12 February 2014 Keeping dividend commitment of 40sen per share
Telekom : 27 November 2014 Abating profit margin impacted bottomline
Telekom : 28 August 2014 Higher effective tax rate a bane to earnings
Telekom : 29 May 2014 Expiry of HSBB incentive hurting earnings
Telekom : 28 March 2014 Power over P1
Telekom : 28 February 2014 Higher ARPU across all product segments
Tobacco
Research Title
BAT : 05 November 2014 Mild impact on price hike expected
BAT : 17 October 2014 Royal Malaysian Customs proved crackdown effective
BAT : 23 July 2014 Dunhill expands market share
BAT : 25 April 2014 Earnings supported by sales - Dunhill gains market share
BAT : 20 February 2014 Expanding market share with Dunhill
BAT : 05 November 2014 Mild impact on price hike expected
BAT : 17 October 2014 Royal Malaysian Customs proved crackdown effective
BAT : 23 July 2014 Dunhill expands market share
BAT : 25 April 2014 Earnings supported by sales - Dunhill gains market share
BAT : 20 February 2014 Expanding market share with Dunhill
Toll
Research Title
Litrak : 29 August 2014 Traffic stronger than expected in the absence of toll rate hike
Litrak : 02 June 2014 A steady cash flow generator
Litrak : 03 March 2014 Steady dividend generator
Litrak : 29 August 2014 Traffic stronger than expected in the absence of toll rate hike
Litrak : 02 June 2014 A steady cash flow generator
Litrak : 03 March 2014 Steady dividend generator
Utilities
Research Title
Tenaga : 06 November 2014 No further tariff hike - Cheers for the Rakyat, Neutral for TNB
Tenaga : 03 November 2014 A fairly good year for TNB
Tenaga : 21 October 2014 Expect a good end to FY14
Tenaga : 24 September 2014 MoU signed for power project in Bangladesh
Tenaga : 17 July 2014 Hiccup in FCPT may jeopardize forward earnings
Tenaga : 25 April 2014 Tax credits : boon for a slower quarter
Tenaga : 24 January 2014 Unplanned outages impacted earnings
YTL Power : 21 November 2014 A decent start to FY15
YTL Power : 28 March 2014 All eyes on the next solid earnings catalyst
YTL Power : 21 February 2014 Challenging times to persist for Power Seraya
Tenaga : 06 November 2014 No further tariff hike - Cheers for the Rakyat, Neutral for TNB
Tenaga : 03 November 2014 A fairly good year for TNB
Tenaga : 21 October 2014 Expect a good end to FY14
Tenaga : 24 September 2014 MoU signed for power project in Bangladesh
Tenaga : 17 July 2014 Hiccup in FCPT may jeopardize forward earnings
Tenaga : 25 April 2014 Tax credits : boon for a slower quarter
Tenaga : 24 January 2014 Unplanned outages impacted earnings
YTL Power : 21 November 2014 A decent start to FY15
YTL Power : 28 March 2014 All eyes on the next solid earnings catalyst
YTL Power : 21 February 2014 Challenging times to persist for Power Seraya
