DJ MARKET TALK: Latexx 4Q Net Profit Likely +20% Vs 3Q - CIMB

0723 GMT [Dow Jones]Glove maker Latexx (7064.KU) likely to report 4Q net profit of MYR17 million, up 20% on quarter, up 1.4X on year, says CIMB Research's analyst Terence Wong; attributes increase to additional annual production capacity of 800 million pieces of gloves in 4Q, higher nitrile products; estimates FY09 net profit at MYR51.9 million vs MYR15.2 million year ago. Keeps Outperform call with unchanged MYR5.44 target. "Potential share price triggers include the upcoming strong results and improving earnings ability, driven by its major expansion plans and move towards premium products," says Wong; adds Latexx's 3-year EPS CAGR of 104.4% is highest in industry. Company expected to release 4Q earnings after 0900 GMT Friday. Stock last down 1.3% at MYR3.69. (ECH)