Stock Name: UNISEM
Company Name: UNISEM (M) BHD
Research House: OSK
KUALA LUMPUR: OSK Research expects Unisem's 4QFY10 results, due to be released next Thursday, Feb 24'' to mirror the performance of MPI, with earnings growth likely to be on a declining trend.
The research house said on Friday, Feb 18 that during the company's previous analyst briefing on its 3QFY10 results, Unisem's management had guided for a 10% on-quarter drop in 4QFY10 revenue, mainly due to inventory adjustments.
'We maintain our Take Profit call on potential earnings disappointments for 4QFY10 and 1QFY11, and the foreseeable far slower earnings for FY11 as sentiment dampeners,' it said.
Company Name: UNISEM (M) BHD
Research House: OSK
KUALA LUMPUR: OSK Research expects Unisem's 4QFY10 results, due to be released next Thursday, Feb 24'' to mirror the performance of MPI, with earnings growth likely to be on a declining trend.
The research house said on Friday, Feb 18 that during the company's previous analyst briefing on its 3QFY10 results, Unisem's management had guided for a 10% on-quarter drop in 4QFY10 revenue, mainly due to inventory adjustments.
'We maintain our Take Profit call on potential earnings disappointments for 4QFY10 and 1QFY11, and the foreseeable far slower earnings for FY11 as sentiment dampeners,' it said.
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