<div class=newsTextDataWrapInner><p><strong>CHINA STATIONERY LTD (+ve)</strong><br />
CSL (Fundamental: 1.2/3, Valuation: 0.9/3), a manufacturer of plastic files, folders and ornament boards, saw renewed trading interest lately. The stock closed 5.3% higher at 10 sen on heavy volume, despite posting weaker 1Q2015 earnings results last Monday.</p></div>

<div class=newsTextDataWrapInner><p>For 1Q2015, net profit slumped 71% to CNY15.6 million on a 77.8% drop in sales to CNY67.4 million.&nbsp;</p></div>

<div class=newsTextDataWrapInner><p>CSL was classified as a PN17 company after a disclaimer opinion was issued by its auditor in FY2013. The disclaimer was issued following the inability to quantify the extent of financial losses due to the suspension of its non-patented products business after a fire at its factory in April 2014.</p></div><div class=inPageAd id=div-gpt-ad-inpage></div>

<div class=newsTextDataWrapInner><p>The fire resulted in 40% loss in production capacity. However, production has started early last month, and should be reflected in next quarter’s financial statements.</p></div>

<div class=newsTextDataWrapInner><p>Despite having an average cash level of CNY2,127.79 million in 2013, CSL earned only CNY7.16 million interest income or a yield of 0.34%.<br />
&nbsp;</p></div>

<div class=newsTextDataWrapInner><p><img alt="china-stationary_fd210515_theedgemarkets" src="http://edgemarkets.s3-ap-southeast-1.amazonaws.com/pictures/china-stationary_fd210515_theedgemarkets.png" style="height:677px; margin:5px; width:500px" /></p></div>

<div class=newsTextDataWrapInner><p>This article first appeared in <em>The Edge Financial Daily</em>, on May 21, 2015.</p></div>


CHINA STATIONERY LTD (+ve)
CSL (Fundamental: 1.2/3, Valuation: 0.9/3), a manufacturer of plastic files, folders and ornament boards, saw renewed trading interest lately. The stock closed 5.3% higher at 10 sen on heavy volume, despite posting weaker 1Q2015 earnings results ...

Stock With Momentum: China Stationery

Digital Nasional Bhd (DNB), the operator of Malaysia’s 5G telecommunications assets, said the process in relation to the subscription of its shares by five mobile network operators (MNOs) in this country is ongoing.

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Approved road transport logistics companies will obtain “fleet cards” from select fuel retailers to purchase subsidised fuel under the diesel subsidy rationalisation programme, the Ministry of Finance (MOF) said.

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PKR Information chief Fahmi Fadzil said no specific names were discussed regarding the leadership of the Sabah PKR State Leadership Council (MPN) at a special meeting with Prime Minister Datuk Seri Anwar Ibrahim on Saturday.

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A highly anticipated Bitcoin software update called the “halving” has been completed, dealing a potential blow to the companies that make money by ensuring that the digital currency functions smoothly and securely.

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The ringgit is likely to trade in the same range of around 4.78 against the US dollar next week, as the situation in the Middle East will continue to be under scrutiny by investors, said an analyst.

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<p>Attention this week will be on the March inflation rate, with the <strong>Department of Statistics Malaysia</strong> (DOSM) slated to put out <strong>Consumer Price Index</strong> (CPI) — the key gauge for inflation — data on Thursday.</p>

<p>Inflation edged up by a higher-than-expected 1.8% i...

<p>A Philippine freight railway project may be built with the support of the US and Japan, an official in charge of it said, as Manila seeks alternative financing deals after dropping funding talks with China.</p>


<p>A highly anticipated Bitcoin software update called the “halving” has been completed, dealing a potential blow to the companies that make money by ensuring that the digital currency functions smoothly and securely.</p>


<p>Digital Nasional Bhd (DNB), the operator of Malaysia’s 5G telecommunications assets, said the process in relation to the subscription of its shares by five mobile network operators (MNOs) in this country is ongoing.</p>


<p>Approved road transport logistics companies will obtain “fleet cards” from select fuel retailers to purchase subsidised fuel under the diesel subsidy rationalisation programme, the Ministry of Finance (MOF) said.</p>


<p>The ringgit is likely to trade in the same range of around 4.78 against the US dollar next week, as the situation in the Middle East will continue to be under scrutiny by investors, said an analyst.</p>


<p>Shareholders of the International Monetary Fund (IMF) agreed this week on the importance of addressing challenges faced by low-income countries, many of which are facing unsustainable debt burdens, IMF Managing Director Kristalina Georgieva said on Friday.</p>


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<p>The World Bank on Friday said that 11 countries have pledged to contribute over US$11 billion (RM52.62 billion) to new hybrid capital and portfolio guarantee instruments designed to expand the bank's financing capacity by US$70 billion over a decade to tackle climate change, pandemics and other global challenges.</p>


<p>PKR Information chief Fahmi Fadzil said no specific names were discussed regarding the leadership of the Sabah PKR State Leadership Council (MPN) at a special meeting with Prime Minister Datuk Seri Anwar Ibrahim on Saturday.</p>


<p>Efforts to reform the Bretton Woods institutions – the International Monetary Fund and the World Bank – are progressing, albeit slowly. In December, the IMF Board of Governors approved a 50% increase in member quotas, which will reduce its reliance on borrowed resources, and the World Bank has re...