From Star Online: Business
By HLIB Research
19th July 2013
KUALA LUMPUR: News that Genting Highland may close its outdoor theme park for two years for a major refurbishment from Sept 1 this year should not have any adverse effect onGenting Malaysia’s performance, Hong Leong Investment Bank Research said.
The news is not unexpected as it comes on the back of the closure of two rides in the park on July 1, it said. And, moreover, it meshes with Genting Malaysia’s announcement early in June that it was planning a RM3bil facelift for the casino resort.
An official announcement on the subject is expected on Friday, July 26.
Personal archive only.
Friday, July 19, 2013
Saturday, July 13, 2013
Mart unresponsive to Catcha-Youth Asia merger
From Business Times
13th July 2013
"Its SOP-based target price of Catcha Media's 96 sen per share implies a whopping 62 per cent discount of current share prices."
13th July 2013
"Its SOP-based target price of Catcha Media's 96 sen per share implies a whopping 62 per cent discount of current share prices."
KUALA LUMPUR: The stock market yesterday failed to respond to Catcha Media Bhd’s RM60 million merger deal with Youth Asia Sdn Bhd.
Catcha Media Bhd sealed an agreement with Youth Asia on Thursday to form the country’s largest digital advertising business.
In a stock filing, Catcha Media said it has completed the final stage of the deal, which will see Youth Asia’s Says.com and Catcha Media’s publication and digital business merging into a newco.
Catcha Media will hold a 70 per cent stake in the newco and Youth Asia the remaining.
Youth Asia is the owner of Says Sdn Bhd, which in turn holds Says.com, an online advertising platform that serves more than 80 brands such as Nike, Coca-Cola and Maxis. It has a strong presence in Malaysia, India, the Philippines and Singapore.
REITs yield in for compression
From Business Times
13th July 2013
13th July 2013
MALAYSIA'S in-vogue REITs sector might come under pressure after a top research firm warned a compression in yields will affect margins.
"Higher yield will make new acquisitions tougher and new debt funding will be more expensive as banks are expected to raise lending rates," the research firm warned.
Yesterday, RHB Research advised investors to reduce their exposure to local REITs (real estate investment trusts) and downgraded the sector to "underweight" from "neutral".
Thursday, July 11, 2013
High-speed rail tender may start year-end
From Business Times
11th July 2013
11th July 2013
KL-SINGAPORE LINK: Proof that the 400km rail project is viable, say sources.
THE government may call for an international open tender for the high-speed rail (HSR) link between Kuala Lumpur and Singapore by the end of this year.
This indicates that the 400km project is viable, said people with first-hand knowledge of the matter.
The Land Public Transport Commission (SPAD) has been carrying out a feasibility study on the HSR project since early last year.
The study includes a detailed assessment on the technical and engineering aspects, cost, financial and operations, and economic benefit of the project.
Minister in the Prime Minister's Department Nancy Shukri said on Tuesday the government is finalising details of the technical engineering and feasibility study, adding that a full report is expected by the end of this month.
The project, which was agreed in principle between Malaysia and Singapore in February this year, is targeted for completion by 2020.
The rail link is expected to cost around RM40 billion. This includes RM10 billion to buy high-speed bullet trains.
According to sources, there will be mandatory requirements in the tender procurement that companies must meet before they can make a bid.
These include having a few years of expertise in running high-speed trains and operating railway lines, a source said.
"The other considerations would include transfer of technology, the type of systems used and costs. The government expects train manufacturers from Europe or China to be among the key players," the source said.
Business Times reported recently that several local and foreign firms are in talks to form consortiums.
MMC Corp Bhd may team up with Gamuda Bhd and Chinese and European system integrators.
YTL Corp Bhd, controlled by Tan Sri Francis Yeoh, may bid for the HSR project with Spanish bullet train maker Talgo or CAF.
UEM Group Bhd, meanwhile, is working with Ara Group, founded by Tan Sri Ravindran Menon, to form a consortium with European companies that may also include Talgo.
Global Rail, a railway engineering firm owned by Fan Boon Heng, is talking to Canada's Bombardier Inc and Chinese firm China Railway Group.
Tuesday, July 9, 2013
CIMB Research maintains "Outperform" on Help International Corp
From Star Online: Business
9th July 2013
“At the current share price, an investor is effectively getting the education business for free."
KUALA LUMPUR: CIMB Equities Research is maintaining its “Outperform” rating on Help International Corp Bhd with a lower target price of RM2.23 from RM2.52.
“Higher-than-expected registrations for its new international school in Jan 2014 and higher value for its Subang 2 land should catalyse the stock,” it said.
9th July 2013
“At the current share price, an investor is effectively getting the education business for free."
KUALA LUMPUR: CIMB Equities Research is maintaining its “Outperform” rating on Help International Corp Bhd with a lower target price of RM2.23 from RM2.52.
“Higher-than-expected registrations for its new international school in Jan 2014 and higher value for its Subang 2 land should catalyse the stock,” it said.
Friday, July 5, 2013
i-Berhad sees goldmine in wax museum
From Business Times
5th July 2013
5th July 2013
PROPERTY developer i-Berhad expects revenue from its leisure sector to double to RM64 million this year.
The bulk of the expected revenue will come from its latest attraction, the Red Carpet@i-City wax museum at its theme park in Shah Alam.
i-Bhd director Monica Ong told the Malaysian media, here, that the Red Carpet@i-City wax museum is the first of its kind in the country with its inclusion of interactive exhibits.
She said 50,000 people are expected to visit the interactive wax museum monthly when it opens early next month.
Thursday, July 4, 2013
Bright stocks amid the gloom in Asia
From Star Online: Business
4th July 2013
"Buy Chinese travel, not China, it stressed, remaining bullish that Chinese tourists will continue to travel, said the research house on Thursday."
4th July 2013
"Buy Chinese travel, not China, it stressed, remaining bullish that Chinese tourists will continue to travel, said the research house on Thursday."
Tuesday, July 2, 2013
Make your brank stick
From Star Online: Business
2nd July 2013
Strong brand name: AirAsia is often perceived as the low-cost airline. Sometimes, we even say “I am flying AirAsia” when we are using other low-cost airlines. — REUTERS
Successful marketing is about making your brand dominate top-of-the-mind recall.
RECENTLY, I received an SMS from a former colleague whom I have not seen for many years. He said someone he knew was looking for help with a marketing plan. When asked if he knew anyone to recommend, he said the first person that came to his mind was me.
I thanked him for remembering me after all these years, as we had not been keeping in touch. I also thanked him for his kind gesture of referring prospects to me.
He was not the only one. Over the past two years, many clients have come my way through referrals, either through existing clients or former colleagues. These colleagues are not my close personal friends.
Considering that I have left the employment world for close to four years now, and I was still the first person that came to my former colleagues’ mind when approached for help in marketing, I thought that I must have done something right in the past.
In my previous column, I wrote about reputation marketing and how we should work on building our reputation.
Reputation is what comes to people’s mind when they think about you, your brand or your company. It is about how people talk about you. Are you or your company, a name they would advocate and recommend to others?
2nd July 2013
Strong brand name: AirAsia is often perceived as the low-cost airline. Sometimes, we even say “I am flying AirAsia” when we are using other low-cost airlines. — REUTERS
Successful marketing is about making your brand dominate top-of-the-mind recall.
RECENTLY, I received an SMS from a former colleague whom I have not seen for many years. He said someone he knew was looking for help with a marketing plan. When asked if he knew anyone to recommend, he said the first person that came to his mind was me.
I thanked him for remembering me after all these years, as we had not been keeping in touch. I also thanked him for his kind gesture of referring prospects to me.
He was not the only one. Over the past two years, many clients have come my way through referrals, either through existing clients or former colleagues. These colleagues are not my close personal friends.
Considering that I have left the employment world for close to four years now, and I was still the first person that came to my former colleagues’ mind when approached for help in marketing, I thought that I must have done something right in the past.
In my previous column, I wrote about reputation marketing and how we should work on building our reputation.
Reputation is what comes to people’s mind when they think about you, your brand or your company. It is about how people talk about you. Are you or your company, a name they would advocate and recommend to others?
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