PPB Group
Attractive large cap agribusiness play (Buy; RM9.70; PEP MK;
TP RM13.40)
PPB is poised to benefit from growing food demand given
its established presence as the largest sugar and flour miller
in Malaysia. It is on track to deliver projected FY08-10F net
profit CAGR of 17%, supported by resilient associate
contribution from Wilmar and sustainable sugar and flour
profits. Wilmar accounts for 79% and 77% of PPB’s FY08-
09F net profit. Wilmar’s prospects remain promising despite
softening commodity prices, because it has strengthened its
position in China’s oilseeds crushing segment and the
consumer-pack cooking oil market by gaining share from
smaller, less efficient players.
Traders Spectrum—From the Chartroom
The benchmark Kuala Lumpur Composite Index (KLCI)
rebounded from a trough of 1,120.31 on Tuesday to settle
at 1,150.39 last Friday for a weekly gain of 16.3-points or
1.4%. Closing on higher grounds for the week too were the
FBM Second Board Index (+0.4%) and the FBM Mesdaq
Index (+1.9%).
Whilst the external hangover – still reeling from inflationary
pressures, slowing economic outlook and corporate profit
downside risk – lingers on, the political atmosphere on the
domestic scene has somewhat cooled down at least
temporarily. A calmer political scene on the local front is,
however, being tempered by a wobbly overseas backdrop
now, which may then shake the stage for the browbeaten
share prices on the Malaysian stock exchange to build on
their recovery momentum going forward.
Chart-wise, for the time being, we would have probably
seen the worst of the secondary selling wave that hammered
the KLCI from 1,303 to a low of 1,120 over seven weeks.
The key bellwether will likely rely on its technical strength to
dingdong on a slight positive bias ahead, with an initial
resistance target of 1,170. But beyond the anticipated shortterm
bounce up, there is still no visible sign yet to suggest
the KLCI has already reversed its medium-term bearishpattern at this juncture.
Name & Address of Registered Holder 1.EMPLOYEES PROVIDENT FUND BOARD
TING 19 BGN KWSP JLN RAJA LAUT 50350 K LUMPUR
2. AM NOMS (TEM) SDN BHD 9TH FLR BGN AMBANK
GROUP NO.55 JLN RAJA CHULAN 50200 K LUMPUR
Change Detail
Change Date 17 Jul 2008
Change Reason ACQUISITION/DISPOSAL
Nature of Interest DIRECT
Transaction Detail
Transaction Type Date of Change No of Securities Price Transacted (RM)
Acquired 10 Jul 2008 612,400 0.000
Acquired 11 Jul 2008 337,800 0.000
Disposed 11 Jul 2008 387,900 0.000
No of Securities after Change
Direct Interest (units) 79,926,050
Direct Interest (%) 6.74
Total Share after Change 79,926,050
本周最热论坛帖子
发表于 10-7-2008 09:02 PM
我有没有搞错？哪里可以找到他的年报？bursa malaysia没有得下载。谢谢。
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