Posted by RainT > 2020-10-23 16:16 | Report Abuse

so what EPF continue buy ?

MYNEWS share price can up 100%?

MYNEWS profit can double up 50%?

Posted by Liquidity > 2020-10-24 09:45 | Report Abuse

50% up over a period of 1 year + i'm thinking. CU introduction will help it compete with Family Mart much more.

Posted by Valgrovest > 2020-10-24 18:55 | Report Abuse

More buying by EPF which fairly indicates institutional investors' confidence in this company and its future growth potential and return. Otherwise why you think they are putting so much money in this company.

Posted by RainT > 2020-10-25 19:21 | Report Abuse

please la

go check more information

EPF is buying making loss company & bad prospect companies

dont so naive , thinking all EPF buy one sure is share price will up

Posted by Soonhou03 > 2020-10-26 23:06 | Report Abuse

STUPID ONE EPF BUY IS FOR FUTURE NOT FOR NOW HAIZZZ

Posted by Liquidity > 2020-10-27 09:30 | Report Abuse

Rain just stfu la. if don't like this counter don't buy.

Posted by 121212 > 2020-10-27 15:59 | Report Abuse

This is future counter, not for goreng. Epf is for Long tern investment. If epf just buying making loss company, how you all get 4% dividend from epf.

Posted by spicyketchup > 2020-10-30 11:02 | Report Abuse

aduh. cut loss first. lousy market sentiment. CU next time.

Posted by Joseph2020 > 2020-10-31 10:01 | Report Abuse

If EPF management is competent enough, I believe EPF won't provide about 5 to 7% dividend every year. It should be more than 10% dividend.

Posted by WiseEye > 2020-10-31 20:59 | Report Abuse

those who hates RainT's comment. cmon, it's so obvious he's interested in this stock but wants to buy at a lower price. another classic i3 shallow member trying to manipulate gullible investors with his words.

think abt it, if he's not interested in this stock he wouldn't even want to waste time comment here.

Posted by doll > 2020-11-01 22:40 | Report Abuse

Wow. New CEO ke? So 2 CEO now? or Mr Dang Tai Luk already left? I really wonder why no CFO since Mdm Choong left. Didnt find a replacement tapi find themselves another CEO

Posted by 121212 > 2020-11-02 10:41 | Report Abuse

Mr Dang Tai Wen become retail to Group Deputy CEO

Posted by rizerlee > 2020-11-09 10:30 | Report Abuse

I believe Mynews.com is good investment in long term however it might take around 3 to 5 year for them stabilise financial performance and fruiting from FPC and CU

thus is it upto you want to park your money here for 3 to 5 year and grow together with them and go to other counter and come back again in mid-term.

In short term, Mynews.com going to get hammer by Pandemic and new FPC is consuming Opex while utilisation rate is below 40%.

Posted by rizerlee > 2020-11-09 10:33 | Report Abuse

EPF or other retirement fund who invested Mynews.com via Aberdeen
No problem for them to parking fund at Mynews.com early as they have plenty of fund and their investment here just very tiny portion in their portfolio.

As a retails investor, we suppose to looking at our own portfolio and fund situation in order to make decision whether we want to park and wait here or go for other counter first.

Posted by WiseEye > 2020-11-10 11:37 | Report Abuse

Clearly this pandemic affects all consumer / retail businesses and not only Mynews. However, due to market sentiment, Mynews was badly affected. Why we do not see Mr.DIY's share price affected as badly? That's due to the act of promoters and operators who fancy big names and clearly has an agenda.

Whereas for companies without promoters like Mynews, it'll require the company to prove it's credibility from results in quarterly announcements and business strategies in times of crisis.

I believe Mr. Dang showed that he is able to embrace change, where he hired a new CEO to look into their new CU CVS venture.

Posted by Tete7893 > 2020-11-10 16:16 | Report Abuse

Dont worry guys. Just buy i believe within these week will fly. u see padini up a lot

Posted by Victor Yong > 2020-11-10 17:25 | Report Abuse

buy if u still have the ability. It is much cheaper than VT's 7-11, etc... Malaysians like filipinos, thais, etc with lower disposable income, in future, they will likely to have breakfast, lunch or even dinner at mynews and its korean outlets soon :)



ABERDEEN ASSET MANAGEMENT PLC 20-Oct-2020 Acquired 1,080,300 0.000 View Detail
ABERDEEN ASSET MANAGEMENT PLC 19-Oct-2020 Acquired 189,900 0.000 View Detail
ABERDEEN ASSET MANAGEMENT PLC 15-Oct-2020 Acquired 1,000,000 0.000 View Detail
ABERDEEN ASSET MANAGEMENT PLC 14-Oct-2020 Acquired 160,500 0.000 View Detail
ABERDEEN ASSET MANAGEMENT PLC 13-Oct-2020 Notice of Interest 34,509,000 0.000 View Detail
ABERDEEN STANDARD INVESTMENTS (MALAYSIA) SDN BHD 20-Oct-2020 Acquired 1,080,300 0.000 View Detail
ABERDEEN STANDARD INVESTMENTS (MALAYSIA) SDN BHD 19-Oct-2020 Acquired 189,900 0.000 View Detail
ABERDEEN STANDARD INVESTMENTS (MALAYSIA) SDN BHD 15-Oct-2020 Acquired 1,000,000 0.000 View Detail
ABERDEEN STANDARD INVESTMENTS (MALAYSIA) SDN BHD 14-Oct-2020 Acquired 160,500 0.000 View Detail
ABERDEEN STANDARD INVESTMENTS (MALAYSIA) SDN BHD 13-Oct-2020 Notice of Interest 34,509,000 0.000 View Detail
EMPLOYEES PROVIDENT FUND BOARD 20-Oct-2020 Acquired 632,900 0.000 View Detail
EMPLOYEES PROVIDENT FUND BOARD 19-Oct-2020 Acquired 111,200 0.000 View Detail
EMPLOYEES PROVIDENT FUND BOARD 15-Oct-2020 Acquired 585,900 0.000 View Detail
EMPLOYEES PROVIDENT FUND BOARD 14-Oct-2020 Acquired 94,000 0.000 View Detail
EMPLOYEES PROVIDENT FUND BOARD 13-Oct-2020 Acquired 1,429,000 0.000 View Detail
EMPLOYEES PROVIDENT FUND BOARD 12-Oct-2020 Acquired 1,089,200 0.000 View Detail
EMPLOYEES PROVIDENT FUND BOARD 08-Oct-2020 Acquired 174,400 0.000 View Detail
EMPLOYEES PROVIDENT FUND BOARD 07-Oct-2020 Acquired 116,300 0.000 View Detail
EMPLOYEES PROVIDENT FUND BOARD 06-Oct-2020 Acquired 2,176,100 0.000 View Detail
EMPLOYEES PROVIDENT FUND BOARD 05-Oct-2020 Acquired 93,700 0.000 View Detail
EMPLOYEES PROVIDENT FUND BOARD 01-Oct-2020 Acquired 55,000 0.000 View Detail
EMPLOYEES PROVIDENT FUND BOARD 22-Sep-2020 Acquired 258,900 0.000 View Detail
EMPLOYEES PROVIDENT FUND BOARD 21-Sep-2020 Acquired 174,300 0.000 View Detail
EMPLOYEES PROVIDENT FUND BOARD 18-Sep-2020 Acquired 164,100 0.000 View Detail
EMPLOYEES PROVIDENT FUND BOARD 17-Sep-2020 Acquired 135,900 0.000 View Detail

Posted by Victor Yong > 2020-11-10 17:27 | Report Abuse

IPO price was RM1.10... almost 50% discount from IPO price... lelong/fire sale price kot


RM1.10 per share formerly known as Bison
Bison Consolidated Berhad, a convenience retailing company is scheduled to be listed in Main Market of Bursa Malaysia on the 29th March 2016. The Initial Public Offering (IPO) consists of 80.62 million ordinary shares at an IPO price of RM1. 10 per share at RM0.Mar 7, 2016

Posted by Victor Yong > 2020-11-10 17:27 | Report Abuse

EPF, foreign funds with their skilled analysts are grabbing... tunggu apa lagi, bukan? haha

Posted by Good123 > 2020-11-10 17:38 | Report Abuse

setuju... mynews adalah permata tak lama lagi. tengoklah harga saham 7-11.

Posted by Good123 > 2020-11-10 17:39 | Report Abuse

kenapa EPF dan Dana asing Beli mynews Dan bukannya 7-11 sebab sangat berbaloi

Posted by Good123 > 2020-11-10 17:40 | Report Abuse

60-70sen easily reachable

Posted by Good123 > 2020-11-10 17:40 | Report Abuse

sabar je lah enjoy your investment journey

Posted by Tete7893 > 2020-11-10 17:45 | Report Abuse

beli jek. Minggu depan nak terbang.

Posted by Victor Yong > 2020-11-10 17:48 | Report Abuse

Change in Principal Officer

MYNEWS HOLDINGS BERHAD

Date of change 01 Nov 2020
Name MADAM LOW CHOOI HOON
Age 49
Gender Female
Nationality Malaysia
Type of change Appointment
Designation Chief Executive Officer
Qualifications

No
Qualifications
Major/Field of Study
Institute/University
Additional Information
1
Degree
i) ICF (International Coaching Federation) Trained and Certified Professional Coach ( 2010)
ii) Bachelor of Business Administration(BBA) with First Class Hons. (1995)(Finance and Investment)
• Corporate Coach Academy Malaysia
• University Utara Malaysia
- Completed Leadership Program under L’Oreal Paris in France 2013 and Sara Lee International with IMD Switzerland in 2007.
-Multiple Regional and Int'l Award Winners for Brand & Marketing Campaigns.

Working experience and occupation - Sept 2019 to Oct 2020 : Consultant with myNEWS Retail Sdn Bhd with focus on Business Strategies and Process Streamlining
- February 2017 to July 2019: Chief Operating Officer for Etika Sdn Bhd. Commercial & P&L Responsibilities for Etika Sdn Bhd which consist of Etika Distribution S/B. Etika Vending S/B, Etika Fresh Milk S/B and Etika Private Limited for Singapore. Full Commercial Scope for Malaysia, Brunei and Singapore.
- July 2014 to August 2016: General Manager for Disposable Soft Goods (M) S/B and Disposable Soft Goods Private Limited Singapore which are wholly owned by Disposable Soft Goods International ( public listed in Thai Stocks Exchange). Country Head for Malaysia, Brunei and Singapore. Full Commercial, Manufacturing and Export with full P&L responsibilities.
- April 2012 to May 2014: General Manager for Consumer Division for Loreal Malaysia Sdn Bhd (60% Revenue Contribution) with scope of P&L responsibility and direct control of Sales, Customer Relationship, Marketing, Finance and Trainers.
- July 2000 to Oct 2011 : Joined Sara Lee Malaysia as Marketing Manager, promoted to Marketing Director in 2003 with scope in Marketing, Innovation, R&D, Regulatory, QA and Corporate PR. Assumed additional responsibilities as Director to Sara Lee South East Asia S/B. Board Member for both companies.
- July 1995 to June 2000 : Started as Management Trainee Unilever Malaysia S/B and promoted to Brand Manager in within 3 years with focus in full 360 Brand Development and Management.
Directorships in public companies and listed issuers (if any) NIL
Family relationship with any director and/or major shareholder of the listed issuer NIL
Any conflict of interests that he/she has with the listed issuer NIL
Details of any interest in the securities of the listed issuer or its subsidiaries NIL


Remarks :
She is appointed as Chief Executive Officer - Retail with effect from 1 November 2020.

Announcement Info
Company Name MYNEWS HOLDINGS BERHAD
Stock Name MYNEWS
Date Announced 30 Oct 2020
Category Change in Principal Officer
Reference Number C04-28092020-00004

Posted by Victor Yong > 2020-11-10 17:49 | Report Abuse

Peluang untuk pemulihan betapa cerah :)

52 Weeks Range: 0.545 - 1.30

Posted by Victor Yong > 2020-11-10 20:35 | Report Abuse

EPF dan dana asing beli, anda??

Posted by Victor Yong > 2020-11-10 20:41 | Report Abuse

Malaysia is in decline in terms of disposal income, etc. Sooner or later people will go to mynews for breakfast, lunch or dinner like Filipinos going to convenience store for such purposes.

Mynews is very potential now and in future

Posted by Good123 > 2020-11-11 07:33 | Report Abuse

mynews is more potential than VT's 7-11. EPF

Posted by Good123 > 2020-11-11 07:34 | Report Abuse

super Murah ~50% diskaun daripada harga IPO Kan? :)

Posted by Good123 > 2020-11-11 07:37 | Report Abuse

rakyat Makin susah Dan kurang pendapatan, makan sarapan pagi, tengahhari Dan malam kat mynews adalah satu tren seperti Filipinos, dll. makan Di convenience store, Ada aircond Dan harga affordable

Posted by Good123 > 2020-11-11 07:38 | Report Abuse

I saw foreign funds exited aeon, tak yakin mall biz tapi Beli mynews shares dengan agresif pulak

Posted by Good123 > 2020-11-11 07:39 | Report Abuse

convenience stores are the future as rakyat Makin susah Dan kurang pendapatan

Posted by Good123 > 2020-11-11 07:40 | Report Abuse

mynews stores n coming Korean stores are for franchise. potential for many jobless people to do small biz too

Posted by Good123 > 2020-11-11 07:42 | Report Abuse

possible for mynews and govt agencies to work together for financial arrangement to do mynews franchise biz, etc especially among the jobless n suburban areas,etc

Posted by Good123 > 2020-11-11 07:43 | Report Abuse

60-70sen short term target, consult your fund manager

Posted by Victor Yong > 2020-11-11 08:29 | Report Abuse

Statistics
52w high/low (MYR)
3m avg turnover (USDm) Free float (%)
Issued shares (m) Market capitalisation
Major shareholders:
D&D Consolidated Sdn. Bhd. Employees Provident Fund Kumpulan Wang Persaraan
Price Performance
1.60 1.50 1.40 1.30 1.20 1.10 1.00 0.90 0.80 0.70 0.60 0.50
Oct-18 Jan-19 Apr-19 Jul-19 Oct-19 Jan-20 Apr-20 Jul-20
Mynews - (LHS, MYR)
Absolute (%) Relative to index (%) Source: FactSet
Mynews / Kuala Lumpur Composite Index - (RHS, %)
-1M -3M -12M
3 (18) (57) 1 (15) (56)
1.35/0.58 0.1 28.0 682 MYR405.9M USD98M
57.4% 5.7% 4.8%

Posted by Valgrovest > 2020-11-11 11:42 | Report Abuse

Good long term prospect and also the sector to benefit from Covid 19 recovery....

Posted by Tete7893 > 2020-11-11 21:51 | Report Abuse

Huge volume block at Rm 0.57. Once it break this Rm 0.57 definitely will fly

Posted by Victor Yong > 2020-11-12 09:24 | Report Abuse

吉隆坡30日讯）新闻控股（MYNEWS,5275,主板消费产品服务组）宣布，零售业务首席执行员郑大文将转任集团副首席执行员，从11月1日起生效。

根据文告，随着郑大文转任集团副首席执行员，其零售业务首席执行员职缺将由刘翠云（音译）填补。现年49岁的刘翠云，拥有丰富的零售经验，并从2019年9月起开始为新闻控股提供谘询服务，主攻商业策略和程序合理化环节。

Posted by Victor Yong > 2020-11-12 09:31 | Report Abuse

Economic of scales to attain cost leadership to beat 7-11, family mart, etc. That is what Foreign funds are grabbing mynews shares and EPF too. Mynews will be the recovery play anytime probably.

Be happy that u able to buy mynews at About 50% discount of its ipo price , Cheers!


MyNews is bringing popular South Korean brand CU to Malaysia's shores. It signed a licensing agreement with BGF Retail Co Ltd, which runs the CU line of convenience stores.

MyNews plans to open 500 CU outlets in Malaysia within five years, with the first set of stores set to open in 2021

Posted by Victor Yong > 2020-11-12 09:32 | Report Abuse

Economic of scales to attain cost leadership to beat 7-11, family mart, etc. That is WHY Foreign funds are grabbing mynews shares and EPF too. Mynews will be the recovery play anytime probably.

Be happy that u able to buy mynews at About 50% discount of its ipo price , Cheers!


MyNews is bringing popular South Korean brand CU to Malaysia's shores. It signed a licensing agreement with BGF Retail Co Ltd, which runs the CU line of convenience stores.

MyNews plans to open 500 CU outlets in Malaysia within five years, with the first set of stores set to open in 2021

Posted by Victor Yong > 2020-11-12 09:36 | Report Abuse

Value emerges, EPF, Foreign funds are grabbing, anda? :) even lower than MCO in march 2020, fire sake price ? :)


Date Price Open High Low Vol. Change %
Nov, 2020 0.570 0.555 0.595 0.555 695.50K 2.70%
Oct, 2020 0.555 0.610 0.720 0.545 81.85M -9.02%
Sep, 2020 0.610 0.600 0.645 0.555 18.04M 1.67%
Aug, 2020 0.600 0.685 0.690 0.590 11.49M -11.76%
Jul, 2020 0.680 0.700 0.755 0.680 12.21M 0.00%
Jun, 2020 0.680 0.805 0.825 0.680 13.98M -15.53%
May, 2020 0.805 0.870 0.920 0.800 6.60M -6.94%
Apr, 2020 0.865 0.650 0.960 0.630 13.58M 34.11%
Mar, 2020 0.645 0.850 0.875 0.575 16.80M -24.56%
Feb, 2020 0.855 0.870 1.020 0.795 33.50M -1.72%
Jan, 2020 0.870 1.110 1.110 0.860 23.13M -22.32%
Dec, 2019 1.120 1.220 1.240 1.060 9.63M -8.20%
Nov, 2019 1.220 1.330 1.330 1.220 5.08M -8.27%
Oct, 2019 1.330 1.350 1.380 1.320 1.62M -1.48%
Sep, 2019 1.350 1.350 1.420 1.330 2.37M -2.17%
Aug, 2019 1.380 1.440 1.470 1.380 3.86M -4.83%
Jul, 2019 1.450 1.400 1.490 1.350 7.28M 7.41%
Jun, 2019 1.350 1.360 1.390 1.320 4.21M -1.46%
May, 2019 1.370 1.420 1.430 1.350 5.38M -3.52%
Apr, 2019 1.420 1.370 1.430 1.350 6.08M 3.65%
Mar, 2019 1.370 1.360 1.400 1.330 5.69M 0.74%
Feb, 2019 1.360 1.360 1.410 1.350 13.18M -0.73%
Jan, 2019 1.370 1.490 1.500 1.330 4.44M -8.67%
Dec, 2018 1.500 1.500 1.520 1.400 7.41M 0.00%
Highest: 1.520 Lowest: 0.545 Difference: 0.975 Average: 1.055 Change %: -62.000

Posted by Victor Yong > 2020-11-12 09:43 | Report Abuse

I rasa ia akan back to ipo price next year probably :p

Posted by Victor Yong > 2020-11-12 09:46 | Report Abuse

Targeting younger consumers
CU will be positioned within younger-aged consumers to tap into rising popularity of Korean culture in Malaysia. Hence, CU’s product mix will be skewed towards F&B products and we believe that initial store openings will be centred around Klang Valley and within school/university districts, or residential areas. MNHB plans to open 30-50 CU stores within its first year with a long term target of 500 stores in 5 years (in addition to existing Mynews store opening plans) through a combination of MNHB- owned and sub-franchise stores. Payback period is expected to be 2-3 years/store with its first store targeted to be opened in 1QCY21.

Posted by Victor Yong > 2020-11-12 10:13 | Report Abuse

Epf ‘s stake


Circumstances by reason of which change has occurred Acquisition of Shares
Nature of interest Direct Interest
Direct (units) 45,409,200
Direct (%) 6.657
Indirect/deemed interest (units)
Indirect/deemed interest (%)
Total no of securities after change 45,409,200
Date of notice 21 Oct 2020
Date notice received by Listed Issuer 23 Oct 2020


Announcement Info
Company Name MYNEWS HOLDINGS BERHAD
Stock Name MYNEWS
Date Announced 23 Oct 2020
Category Change in the Interest of Substantial Shareholder Pursuant to Section 138 of CA 2016
Reference Number CS2-23102020-00040

Posted by Victor Yong > 2020-11-12 10:14 | Report Abuse

Foreign funds punya stake pun naik :)


Changes in Sub. S-hldr's Int (Section 138 of CA 2016)

MYNEWS HOLDINGS BERHAD

Particulars of substantial Securities Holder

Name STANDARD LIFE ABERDEEN PLC AND ITS SUBSIDIARIES ("TOGETHER "THE GROUP")
Address 1 GEORGE STREET, EDINBURGH
EH2 2LL
UNITED KINGDOM
United Kingdom.
Company No. SC286832
Nationality/Country of incorporation United Kingdom
Descriptions (Class) ORDINARY SHARES
Details of changes

No Date of change
No of securities
Type of Transaction Nature of Interest
1 20 Oct 2020
1,080,300
Acquired Deemed Interest
Name of registered holder CITIBANK BERHAD
Address of registered holder 165 JALAN AMPANG, MENARA CITIBANK, 50450 KUALA LUMPUR
Description of "Others" Type of Transaction

Circumstances by reason of which change has occurred Acquisition of ordinary shares by the registered holder who is a custodian appointed by one or more funds managed by one or more subsidiaries of Standard Life Aberdeen plc ("SLA plc"). SLA plc is deemed interested by virtue of its shareholding in its subsidiaries pursuant to Section 8(4)(c) of the Companies Act 2016
Nature of interest Deemed Interest
Direct (units) 0
Direct (%) 0
Indirect/deemed interest (units) 36,939,700
Indirect/deemed interest (%) 5.415
Total no of securities after change 36,939,700
Date of notice 21 Oct 2020
Date notice received by Listed Issuer

Posted by Victor Yong > 2020-11-12 10:16 | Report Abuse

:)


Date Close Volume
11/11/2020 0.565 695,500
10/11/2020 0.57 1,747,300
09/11/2020 0.56 348,300
06/11/2020 0.56 362,800
05/11/2020 0.56 408,100
04/11/2020 0.555 366,500
03/11/2020 0.56 219,100
02/11/2020 0.56 272,700
30/10/2020 0.555 795,500
28/10/2020 0.57 305,600
27/10/2020 0.575 175,500
26/10/2020 0.57 733,400
23/10/2020 0.575 1,798,300
22/10/2020 0.585 801,200
21/10/2020 0.595 1,463,300
20/10/2020 0.605 2,309,100
19/10/2020 0.615 2,378,400
16/10/2020 0.61 4,496,800
15/10/2020 0.60 3,430,100

Posted by Victor Yong > 2020-11-12 10:39 | Report Abuse

The MSCI Asean Index has surged 14% in an eight-day winning streak, almost double the 7.4% rally in the MSCI Asia Pacific Index over the same period.

SINGAPORE: Southeast Asian stocks, hit particularly hard by the shutdown of tourism and other service industries, are making a comeback as optimism grows over a return to travel.

The MSCI Asean Index has surged 14% in an eight-day winning streak, almost double the 7.4% rally in the MSCI Asia Pacific Index over the same period. At its highest since March, the gauge of Southeast Asian shares has narrowed the gap with its peers but still remains down about 14% for the year. The broader Asian gauge is up 8%.

Investors are jumping on Southeast Asian stocks as part of a global rotation into value and out of growth sectors after positive results from a Pfizer Inc. vaccine boosted sentiment.

Governments across the region are looking to ease social distancing measures, with Singapore and Hong Kong announcing Wednesday they will start an air travel bubble replacing quarantine with Covid-19 testing from Nov. 22.

"The vaccine news opens up sectors under great stress like airlines and hotels, ” Leon Goldfeld, head of multi-asset solutions for Asia Pacific at JPMorgan Asset Management, said in a press briefing Wednesday, speaking about the wider trend. "What we’ve seen is a massive rotation in the market from growth to value.”

The value rotation will likely last three to six months and has "some room to run, ” he added.

Asean Activity

The "stars are aligning” for a resurgence in Southeast Asian stocks, amid signs that earnings have bottomed out, according to Devendra Joshi, a strategist at HSBC Holdings Plc. The bank is overweight shares from Indonesia, Singapore and Thailand.

"Activity in Asean has picked up considerably since the trough, as indicated by manufacturing PMIs and mobility, ” Joshi wrote in a Tuesday note. With about a third of companies having reported earnings so far, 60% have met or exceeded expectations, a higher proportion than the first two quarters of the year, he said.

Thai Demand

The Thai market, hit especially hard due to the downturn in tourism and the widespread protests over the monarchy, is starting to attract interest from overseas investors again.

Foreign buyers piled a net more than $600 million into Thai stocks on Tuesday, the biggest purchase in 10 years, as the benchmark SET Index jumped the most since April.

Analysts at Credit Suisse Group AG have raised their rating for Thai stocks to overweight, thanks to progress on the coronavirus vaccine.

Missed Rallies

For UBS Group AG strategist Niall MacLeod, Southeast Asian stocks are finally reacting to the potential for a vaccine, after missing out on past rallies on the theme. That increases the possibility that at the very least they can outperform larger peers like China.

"It might still be too early to call for a rotation where Southeast Asia leads the overall market, ” he wrote in a note with colleagues Wednesday. "Nevertheless, the relative valuation and outperformance year-to-date suggest China and Taiwan could underperform the region on better vaccine news and broader opening up of the global economy." - Bloomberg

Posted by Victor Yong > 2020-11-12 10:48 | Report Abuse

Foreign funds dah buat study on mynews .. increase its stake in stages aggressively