Top Story : Shifting Trends – Potholes and speedbumps
Market Update
- The results season thus far has been relatively bumpy in our view with major potholes for some companies (Notion Vtec), while others have warned of speedbumps ahead (Kossan). Some results have come in within expectations (e.g. Faber and Amway) or above (e.g. Unisem). We expect the remaining results to be relatively mixed, although investors should be wary of more potential earnings disappointments for some
sectors, which are not yet reflected in the share price performance over the last month.
RHB Equity 360° - 9 August 2010 (Market, Notion, Kurnia; Technical: CBIP, HSL)
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