QUOTE(graemesquires85 @ May 18 2009, 10:01 AM)
You would think so, wouldn't you? Just wonder why we get this today:"CIMB Research has maintained its trading buy call on Unisem (M) Bhd at RM1.10 with a target price of RM1.70, noting that despite posting a loss of RM23 million in 1Q09, Unisem is largely on track to achieve its full-year core profit forecast of RM7.1 million, as the chipmaker is expected to perform better in subsequent quarters.
It said consensus had forecast a net loss of RM9.8 million
“The 1Q net loss was affected by an unspecified amount of forex loss relating to its US dollar debt. No dividends were declared in 1Q, which was no surprise,” noted CIMB."
May 18 2009, 10:30 PM

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