In my attempt to guess research houses' analysts' stockpicks for 2022, here is my list:
A is for Airasia. The red
flag aeroplane that everyone loves. (or hates!) AIRASIA should have raised sufficient funds for sustaining its operations. Highly likely that international borders will start to open up in 2022 and tourists flock to travel via low cost airlines.
B is for Bank. Although PBBANK does not start with a B, PBBANK is widely regarded as the "most conservative bank". Historically having the lowest cost to operations among local bank, PBBANK should stand to gain as banks' loan growth gains momentum.
Luckily Heineken is not a Malay name, or it might even get delisted! (just kidding). With the economy expected to be fully opened across all sectors without much retrictions in 2022, alcohol counters may finally see a meaningful recovery. World Cup 2022 may kick in some extra sales.
Share price rolled down the hill since Nov 2018 & made a climb back up recently. If GENM's new theme park can live up to expectations, it will be the ace in GENM's cards.
The biggest tech stock on Bursa that is a proxy to 5G & iPhones with potential to enter KLCI for the 1st time. High volume traded recently.
If Property market stages a recovery next year, property stocks seem like a decent value buy at low valuations. (using traditional metrics like PE or price to net assets, etc.) Lower-cost properties like MATRIX's should see higher demand compared to pricier properties. Recent quarters have been cashflow positive, paying FD-beating dividends.
Similar to MATRIX, affordable local cars such as Perodua would see higher demand as consumers' budget are tight, post pandemic. New launching of Myvi should attract a sizeable crowd.
Renewable energy seems to be one of the more popular themes, with ESG playing a bigger role in company valuations nowadays. This renewable energy company has reasonable valuations with recurring cashflows.
Once seen as a "Treasure" to Mr. Market in 2020, it was seen as "Trash" in 2021. IMO, fears of plunging ASPs due to decreasing demand & ESG concerns have been priced in. Spring eventually comes after a long winter.
I believe the big caps' share price will recover, once fears of Cukai Makmur being an annual affair have been allayed.
The lacklustred performance of the local bourse has left much room for growth in the coming year, despite future challenges of political uncertainty & US rate hikes.
Disclaimer: The author may have interest in some stocks listed above.
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HAha big cap.give u 5 percent per year, like that also syok??
Maybank IB Research's Top Picks for 2022 included GENM, HEIM, INARI, MFCB.
I just want to highlight that airasia is a bad silly pick bcos it is already technically bankrupt mah!
The rest reasonable pick with quality name loh!
My predictions that matched IBs:
Affin Hwang : INARI, PBBANK.
CGSCIMB : GENM, INARI.
Hong Leong : none!
RHB : INARI, MATRIX.
IBs love INARI so much.
GLCs' ctrs none even GE15 near? FGV, Media Prima why cannot? UemS, Gamuda if HSR can revive?