As investors, we usually try to get a feel for the future earnings of the company we invest in. If we can’t predict future earnings, we can at least find out how a company plans to increase its earnings. There are basically several ways:
Last week since 13/11/08 we saw a kick off in the quarterly reporting season for Malaysia’s banking majors: AMMB Holdings (AMMB) Hong Leong Bank (HLBANK) Malayan Banking (MAYBANK) Bumiputra-Commerce (COMMERZ) Overall AMMB and HLBANK threw in pretty good results, while MAYBANK and COMMERZ not so good. After digesting some of the Press Releases and Analyst [...]
On 24 October 2008, NCB Holdings Berhad (operator of Northport – the country’s largest port) announced its third quarter results for the period ending 30/9/08: Q3 Profit Before Tax was down to RM48.1 million (from RM58.0 million in pcp) YTD Profit Before Tax was down to RM141.9 million (from RM145.3 million in pcp) YTD Net [...]
There is an article in The Star, Saturday 27/9/08 which quoted Cheah Tek Kuang as saying that Malaysian companies are looking to borrow from banks because the domestic bond market has dried up. Most Malaysian companies are healthy and it does not make sense for them to issue bonds at current prices. Basically AMMB’s performance targets [...]
