Malaysia - Market Strategy

[behappyalways]

大马散户苦苦支撑 马股短期内回升不乐观 | 八点最热报 07/08/2021 | #KauBoleh
https://www.youtube.com/watch?v=N_Xc6Tsj2Zk

[behappyalways]

参考抗跌股项数据 分析师: 长短期投资策略不同 | 八点最热报 08/08/2021 | #KauBoleh
https://m.youtube.com/watch?v=5w5qvS3O9W8

[winston]

Darkest before dawn

The market was hit by a perfect storm in 1H21 with persistent high Covid-19
cases, multiple lockdowns, ESG concerns and political uncertainty.

We see some light at the end of the tunnel as we project Malaysia to be on
track to inoculate around 70-80% of population at current run-rate by 4Q21.

We expect recovery stocks to regain interest in 4Q and market to re-rate to
our revised KLCI target of 1,604 pts, after an anticipated lacklustre 3Q21.

Source: CIMB

https://rfs.cgs-cimb.com/api/download?f ... E29A16EA00

[winston]

Alpha Picks: Embracing A Risk-On Mode

Our Aug 21 portfolio performed in line with the FBMKLCI (+7.0% vs +7.1%), boosted
by MYEG, Press Metal and CIMB.

Our Sep 21 alpha picks: ATA, CIMB, GENM, Inari, Magnum, MyEG, OMH, Press Metal and Scomnet.

We added GENM, OMH and Scomnet and removed Hap Seng Plantations and Yinson.

Our picks are deliberately higher beta stocks and are heavily geared towards the economic reopening.

Source: UOBKH

https://research.uobkayhian.com/content ... 9daf333174

[winston]

Malaysia Market Strategy New report: 35W21—largest foreign inflows since GE14

Foreign inflows continued for the 4th consecutive week (+RM786.4 mn) in 35W21.

Local institutions remained net sellers (-RM888.3 mn), while local retail turned net buyers (+RM82.5 mn).

Key trends:
(1) Foreign inflows in Aug-2021 is the highest since GE14;
(2) foreigners continue to favour banks (CIMB), consumption recovery and re-opening plays (GENT, GENM, PCHEM, PMAH); and
(3) local institutions stay positive on energy and construction.

Short-selling activity -26% WoW to RM74.6 mn.

The healthcare sector was the focus of short sellers, making up 33.1% or 8.8 mn (RM31.5 mn) shares of total short position.

Key events to lookout for:
(1) Bank Negara monetary policy statement on 9-Sep,
(2) the parliament will reconvene on 13-Sep,
(3) 12th Malaysia Plan and 2022 budget to be tabled in the parliament on 27-Sep,
(4) vaccination rates and potential easing of lockdown measures.

We believe there are some key projects and initiatives within the infrastructure, telecommunication, and property sectors that can been expedited to stimulate the economy.

Preferred stocks for exposure to construction, telco, and property sectors: GAM, ECON, TM, SPSB.

Source: CS

[winston]

Malaysia Market Strategy New report: 39W21—foreigners turned net sellers

After seven straight weeks of buying, foreigners turned net sellers in 39W21 (-RM342.0 mn).

Local institutional outflows slowed further to RM90.4 mn, while local retailers remained net buyers (+RM186.9 mn)

Key trends.
(1) Foreigners turn net sellers towards the end of 39W21;
(2) local institutions continued net buying of banks, while foreigners stayed net sellers of banks;
(3) foreign institutions stayed net buyers of the healthcare sector (third consecutive week);
(4) local institutions turned cautious on technology (39W21: -RM99.9 mn).

Short-selling activity fell 23% WoW to RM137.2 mn. 25.8% of shortselling was concentrated in the healthcare sector. ▪

Key events to lookout for.
(1) Further clarity on the government’s proposal to put pressure on banks to waive interest for the B50 (bottom 50% income earners) and possible windfall tax;
(2) Budget 2022 which is expected to be tabled in the Parliament on 29-Oct; and
(3) news on further easing of lockdown measures, particularly on interstate-travel as well as international borders.

Source: Credit Suisse

[behappyalways]

Which companies need Khazanah's RM3 bil help?
https://www.theedgemarkets.com/article/ ... m3bil-help

[winston]

Trading themes for 2022

These six trading themes are:-
1. Beneficiaries of the overnight policy rate (OPR) hike
2, Value and laggard plays
3. Recovery plays
4. Electric vehicle (EV) plays
5. ESG; environment, social and governance picks and
6. High dividend-yielding stocks.

“We expect investors to tread cautiously into 2022, as we see potential headwinds buffeting the markets in the form of new Covid-19 waves (Omicron), return of intra-day short-selling, foreign fund outflows due to the US Federal Reserve taper, reversals of fiscal stimulus, tighter monetary policy, higher transaction costs for trading of Malaysian shares, corporate earnings risks due to higher taxes and political risks,” CGS-CIMB said.

Its preferred sectors are banks, technology, gaming, petrochemical, media, oil and gas, healthcare, brewers, utilities, packaging, healthcare and electronics manufacturing service.

Its overall top-three stock picks are Inari Amertron Bhd, HLB and QL Resources Bhd.

Source: CIMB

https://www.thestar.com.my/business/bus ... s-for-2022

[behappyalways]

比上不足比下有余 马股成也手套股败也手套股 | 八点最热报 26/12/2021
https://m.youtube.com/watch?v=0yRIVV5kous

[behappyalways]

2021年全球吊车尾 马股2022年迎复苏之路? | 八点最热报 01/01/2022
https://m.youtube.com/watch?v=uwF0CCPeMCw