IMB Investment Bank said foreign investors may reduce their weighting in Malaysia due to short-term uncertainties.
“As such, banking stocks that have never seen foreign inflows in recent months may be negatively impacted. Constructions sector too will be negatively impacted as big projects may be reviewed,” the research house said.
“Consumer stocks however could gain from potential goods and services tax abolishment and minimum wage hike. Exporters may also gain due to their limited exposure to the domestic market,” it said.
Manufacturing The management anticipates that the manufacturing segment will deliver positive results for the coming quarters in view of the healthy backlogs from electronics and aerospace industries. The segment shall continue to look for new business opportunities in aerospace sector, medical healthcare and life science products. On the other hand, we shall simultaneously re-gear the existing oil and gas business in view of the signs of improvements in the industry. Property Development For property development division, the management is expecting a new launch of Lavanya Langkawi Phase 2 by Q4 2018, which comprises of 223 units of serviced studio and serviced apartment with projected gross development value of RM 244 million. We are mindful of the challenging market sentiments and shall refocus our efforts towards the middle-income and affordable housing for our up-coming launching, to cater a wider target catchment amid challenges in the high end markets. In overall, the management is optimistic that the performance of the Group to remain satisfactory for the remaining quarter of the financial year, backing on the modest growth forecasted for manufacturing.
Its good that its revenue increased from 31,116K to 37,064K YoY. Net profit margin is not stable. Its net profit margin is up and dowm alternately compared to the previous quarter. Its net profit margin will be 6 - 7% in the next QR announcement.
In Malaysia’s premier tourist destination of Langkawi, affordable investment properties are not easy to come by, especially for those costing less than RM1 million. But you now have a chance for such a good deal with the upcoming Lavanya Residences.
Developed by Kobay Property Development Group, the freehold project in Pantai Tengah Langkawi consists of a mix of villas, serviced studios and serviced apartments that is expected to be completed by October 2022.
Each of its 133 serviced studios cost from RM623,000 or an average price of RM1,300 psf. But for a limited time only, buyers may obtain a 21%+2% discount exclusively on PropertyGuru x Kobay Gurudeals.
This book is the result of the author's many years of experience and observation throughout his 26 years in the stockbroking industry. It was written for general public to learn to invest based on facts and not on fantasies or hearsay....
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Posted by aiinvestor > 2018-05-13 13:11 | Report Abuse
https://www.nst.com.my/business/2018/05/368459/short-term-pain-long-term-gain-malaysia-stock-market-analysts
IMB Investment Bank said foreign investors may reduce their weighting in Malaysia due to short-term uncertainties.
“As such, banking stocks that have never seen foreign inflows in recent months may be negatively impacted. Constructions sector too will be negatively impacted as big projects may be reviewed,” the research house said.
“Consumer stocks however could gain from potential goods and services tax abolishment and minimum wage hike. Exporters may also gain due to their limited exposure to the domestic market,” it said.
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