Tuesday, September 9, 2008

2Q in-line but no one cares

Good, we are finally getting into indifference, "tidak apa", "mai phen rai" attitude.

(TheEdgeDaily)2Q08 earnings reporting ended with no major surprises. It may have come a tad short of consensus’ more bullish numbers. For Citi Investment Research, we have been cutting our numbers since 4Q07. About 71% of companies met expectations and only 10% exceeded.


Will need to review consensus numbers over the weekend. Are they still on the optimistic side after cutting their numbers?

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