Archive for June, 2010
What’s on the table on 30 June with CIMB Research
What’s on the table
Cocoaland update -Building up its food chain
Our recent visit threw up some juicy news. Cocoaland is accelerating its capex programme, spending as much as RM50m this year, which augurs well for its earnings growth prospects for 2011 and beyond. Another positive is the launch of its own fruit juice brand, “Fruit 10″ over the next 1-2
What’s on the table on June 29, 2010 with CIMB Research
What’s on the table
Results – Kencana Petroleum 3QFY10 in line – Fuelling its way to a record year
Kencana posted a 3QFY7/10 net profit of RM31m, taking 9M bottomline to RM94m. At 72% of our full-year forecast and 73% of consensus estimate, the performance was broadly in line with expectations. A stronger 4Q is anticipated to make up for the shortfall and round up a record year.











