Malaysia - Market Strategy

Re: Malaysia - Market Direction & Strategy

Postby winston » Thu Jun 16, 2016 7:53 am

Mobius still bullish on Malaysia

Mark Mobius remains bullish on Malaysia and sees sectors such as oil and gas (O&G) and consumer products, as attractive investment bets.


The use of palm oil globally is not declining, mainly because of demand from China and India, and we don’t expect prices to stay permanently depressed"



Source: The Star

http://www.thestar.com.my/business/busi ... -malaysia/
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Re: Malaysia - Market Direction & Strategy

Postby winston » Thu Aug 04, 2016 3:55 pm

5 Malaysian firms on Forbes Asia ‘Best Under A Billion’ list

KUALA LUMPUR: Five Malaysian companies, including new entrant Karex Bhd, the world’s largest manufacturer of condoms, made it to the 2016 Forbes Asia’s “Best Under A Billion” list.

The other companies are semiconductor player Inari Amerton Bhd, construction company Mitrajaya Holdings Bhd, MY E.G. Services Bhd (MyEG) and Signature International Bhd.

Source: The Star

http://www.thestar.com.my/business/busi ... lion-list/
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Re: Malaysia - Market Direction & Strategy

Postby winston » Mon Sep 26, 2016 8:01 am

Sector rating downgrades in the pipeline?

BY DALJIT DHESI

External headwinds: Masliza says rating downgrades may be elevated.

CIMB Investment says O&G, property and automotive facing more challenges

Source: The Star

http://www.thestar.com.my/business/busi ... -pipeline/
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Re: Malaysia - Market Direction & Strategy

Postby winston » Tue Apr 18, 2017 7:55 am

Investors seek safe-haven assets like gold

BY INTAN FARHANA ZAINUL

According to MIDF Research, foreign investors’ net purchase of Malaysian equities fell to RM239.9mil last week, a 63% decline from RM645.3mil the week before.

“Year-to-date, the cumulative foreign purchase amounted to RM6.63bil... foreign participation on Bursa in general eased last week,” the research house said yesterday.

MIDF said Kuala Lumpur Kepong Bhd saw the highest money inflow of RM14.32mil last week, followed by Nestle Malaysia Bhd and UMW Holdings Bhd.


“It will look to test the sustainability of its immediate support level of 1,727 points,” it said.


“We reiterate that the near-term KLCI outlook remains dim unless it can swiftly regain its composure above the support trend line near 1,747”


Source: The Star

http://www.thestar.com.my/business/busi ... en-assets/
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Re: Malaysia - Market Direction & Strategy

Postby winston » Fri Apr 21, 2017 9:08 pm

Morgan Stanley sees five reasons to go overweight on Malaysia stocks

Firstly, the government led by Prime Minister Najib Razak may call an election as early as September or October, Morgan Stanley said in a note dated Thursday U.S. time.

Malaysia tends to ramp up fiscal spending before elections, improving consumer and business sentiment, the bank said. Morgan Stanley pointed to two months before the dissolution of parliament as the "sweet spot" entry point for the best returns.


The second driver of Malaysia equities is increased infrastructure spending, with the government's push for more private investments being driven by funding from China, the bank said.


The commodity recovery was also set to drive Malaysian shares higher, the bank said, pointing to a strong correlation between the two.


Malaysian company earnings were also poised for recovery, Morgan Stanley said, estimating profit growth would improve to 8-9 percent in 2017-18 after three years of declines.

The bank also pointed to construction companies' "peak" order book levels, a 10 percent rise in palm-oil volumes with chances for price increases and a drop in banks' provisions as non-performing loans peak.


"We think domestic sentiment on the ringgit has stabilised, with lower political uncertainty and improving commodity prices," it said. "The conversion of export proceeds into ringgit is also supportive."


Source: The Star

http://www.thestar.com.my/business/busi ... ia-stocks/
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Re: Malaysia - Market Direction & Strategy

Postby winston » Thu Jul 27, 2017 5:12 pm

Malaysia maintains 5 companies on Forbes Asia's ‘Best Under A Billion’

by Syahirah Syed Jaafar

Elsoft, Kerjaya Prospek, MyEG, Pentamaster and VitRoxmade the year 2016 list

KUALA LUMPUR (July 27): Malaysia has maintained its list of 5 companies in the annual “Best Under A Billion” list by Forbes Asia.

The “Best Under A Billion” list highlights 200 leading stock-traded companies in the Asia Pacific region, with annual revenue between US$5 million and US$1 billion.

Five Malaysian companies made it to the list in 2016, and the country maintained its list of five companies this year. The Malaysian companies that made the cut were Elsoft Research, Kerjaya Prospek Group, My E.G. Service, Pentamaster Corp and VitRox Corp.

“The resulting 200 produced the highest sales and earnings per share growth for both the most recent fiscal one and three-year periods, and the strongest five-year average return on equity,” Forbes Asia said in a statement today.

Forbes Asia said from a universe of 18,000 candidates, roughly 875 passed its criteria for profitability, growth and modest indebtedness.

"We excluded companies thinly traded, those trading less than a year and those with worrisome accounting, management, ownership or legal troubles. The resulting 200 produced the highest sales and earnings per share growth for both the most recent fiscal one and three-year periods, and the strongest five-year average return on equity," the statement added.

China featured the highest number of 70 companies this year (but down from 98 last year), followed by Japan, Taiwan and South Korea. Japan however had the highest increase of 38 companies, from 13 last year, while South Korea had 20 companies, from 16 last year.

Overall, consumer products and services companies have been on the rise on the list, reflecting a shift towards a consumer economy, Forbes Asia said.

Tim Ferguson, Editor of Forbes Asia, said: “The better showing by Japan and South Korea is heartening, but the continued scarce presence of companies from most economies of Southeast Asia should give pause to everyone there — capital markets, entrepreneurs and those who count on future job creation.”

Source: The Edge
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Re: Malaysia - Market Direction & Strategy

Postby winston » Tue Oct 03, 2017 8:45 am

4Q17 Quarterly Retail Strategy picks:


Consumer: 3A, CCK, Johotin.
Infrastructure-related: CSC Steel, Fajar Baru, Rohas Tecnic.
O&G: T7GLOBAL, DAYANG.
Defensive earnings attributes: RHB Bank, AWC.

Source: HLIB
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Re: Malaysia - Market Direction & Strategy

Postby winston » Mon Oct 09, 2017 9:09 am

Potential beneficiaries of Budget 2018

We expect Budget 2018, due to be tabled on 27 Oct, to be mildly positive for market.
The consumer sector is a likely beneficiary of social assistance from government.
Property developers could gain via push for affordable housing.
Technology companies could benefit from government plans to grow digital economy.
Sin taxes unlikely to be raised and contractors to benefit from infrastructure projects.

Source: CIMB

https://brokingrfs.cimb.com/mjQw1VM_SQa ... iVxPQ2.pdf
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Re: Malaysia - Market Direction & Strategy

Postby winston » Mon Dec 04, 2017 8:57 am

Who is in and who is out of KLCI?

Nestle and Press Metal will be added to KLCI index constituents effective 18 Dec.

They will replace BAT and IJM, which will be deleted from the index on the same date.

The Sime Darby demerger will result in Sime Property and Westports being deleted
from the index effective 6 Dec 2017.

Nestle was the key surprise addition to the index.

The changes could be near-term positive for Press Metal’s and Nestle’s share prices

The five highest ranking non-constituents of the index by market capitalisation, are Hartalega Holdings, Malaysia Airports, Dialog Group, Lotte Chemical Titan Holding and Gamuda.


Source: CIMB

https://brokingrfs.cimb.com/E5JRX4r-aC5 ... OmyWQ2.pdf
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Re: Malaysia - Market Direction & Strategy

Postby winston » Wed Dec 13, 2017 8:48 pm

I guess the foreigners can see the potential that the locals cant ..

THIS EMERGING MARKET IS PICKING UP STEAM

Today, we see companies benefiting in a high-growth economy...

Longtime readers know emerging markets have a history of staging major booms. Because of their growth potential, they can offer massive gains that are rare in developed countries.

As Steve puts it, "When emerging markets are hot, you simply HAVE to be on board." We can see this at work in Singapore today...

The iShares MSCI Singapore Capped Fund (EWS) holds 27 large- to medium-sized companies in sectors like banking, telecommunications, and real estate. These stocks tend to soar when Singapore's economy booms... And today, it's thriving.

The country's third-quarter gross domestic product grew 5.2% from the year before (crushing the U.S.'s growth of 3.3%.) And Singapore's Ministry of Trade and Industry boosted its forecast for next year.

As you can see in the chart below, shares of EWS are trading at new highs after a strong rally. The fund is up nearly 23% over the past year. In short, this emerging market is heating up today...

Source: Daily Wealth
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