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2018-11-15 21:50 | Report Abuse
CIMB sure up one, dont worry
2018-11-13 11:20 | Report Abuse
TYS_Capital, wish to see it, what kind of magic? black magic?
2018-11-12 15:36 | Report Abuse
window dressing?
2018-11-02 11:26 | Report Abuse
how to enter your telegram group? Mr Kim
2018-04-19 16:57 | Report Abuse
David Ng, deputy managing director and chief investment officer at Affin Hwang Asset Management Bhd, says the firm is taking positions in cyclical sectors that are expected to benefit from global economic growth. “We like dividend growth stocks, not so much dividend income ones. We have reduced our exposure to pure dividend stocks such as REITs. These are companies that pay dividends, but their growth is not as strong [right now]. We like companies that pay good dividends and also have strong growth going forward.”
Like Duhra, Ng favours cyclical sectors such as energy and financial. He says the fund house has a big position in China and Hong Kong banking stocks. The stocks are undervalued as investors have been sceptical about the numbers provided by Chinese banks and the government. They have also been worried about China’s economy, which has a very high level of government and corporate debt.
“Everyone was sceptical. The price-to-book ratio was 0.6 to 0.7 times when we bought into these stocks. But things have turned more positive as the Chinese government’s supply-side reforms are working. The banks’ non-performing loans (NPLs) are reducing, albeit gradually, and asset quality has improved,” says Ng.
In Malaysia, he favours banking stocks and large-cap oil and gas counters. “This is on the back of the oil price recovery. We like big names such as Petronas Chemicals Group Bhd, Petronas Dagangan Bhd and Dialog Group Bhd.”
2018-03-05 16:06 | Report Abuse
top up some & keep the fingers crossed
2017-11-29 09:18 | Report Abuse
yeah, Penta is a good example. MMSV going to be the next Penta.
2017-11-28 15:12 | Report Abuse
stay green in the red sea, let's imagine when the market sentiment recovered
2017-11-28 14:38 | Report Abuse
going to retest the resistance soon...gogogo
2017-11-27 14:41 | Report Abuse
end of the day should be 10 mil
2017-11-27 14:37 | Report Abuse
rounding bottom formed, up up up!
2017-11-27 09:15 | Report Abuse
still taking profit...just wait after all profit taker gone, the price will up
2017-11-26 13:20 | Report Abuse
uptrend...as most of them took profit last.Friday
2017-11-24 17:23 | Report Abuse
How to subscribe Mr.Ooi?
2017-11-24 11:06 | Report Abuse
Next week will up more, reload today
2017-11-24 10:46 | Report Abuse
thanks Ooi, fully support
2017-11-24 10:06 | Report Abuse
TA is bullish signal very strong, expected to rise more
2017-11-23 09:24 | Report Abuse
bullish signal found, just buy buy buy
2017-11-03 10:34 | Report Abuse
RHB
AAX is expected to report 3Q17 results end-Nov 2017. We expect the company to report stronger YoY earnings. This is supported by a 23% YoY uptick in passengers carried and a 1ppt improvement in load factor for its Malaysian operations in 3Q17. This is on the back of an aggressive 21% YoY growth in capacity over the same period. On a 9M YTD basis, AAX’s load
factor improved 3ppts to 81% despite a 24% YoY increase in capacity via higher aircraft utilisation and flight frequencies.This is in line with its load active, yield passive strategy. We are positive on AAX’s plans to realign some of its routes in Australia and introduce more North Asian destinations, as this should allow for more consistent quarterly earnings going forward. Key catalysts for the stock would include stronger-than-expected sequential QoQ earnings and a turnaround of its
Indonesia operations. We maintain BUY on the stock with a target price of MYR0.46 (18% upside).
Expect stronger 3Q17 YoY earnings. AirAsia X (AAX) is expected to announce 3Q17 results end-Nov 2017. The 3Q17 operating statistics released yesterday showed a 23% YoY uptick in passengers carried and a 1ppt improvement in load factor for its Malaysian operations over the same period. 3Q17 RPK growth of 20% YoY, ahead of ASK growth of 18% YoY also suggests that yields should remain resilient for the quarter. 3Q is seasonally a slower quarter but we believe the festive break in July, school holidays end-August and long weekend early September have led to an increased demand for travel.
On a YTD 9M17 basis, AAX’s load factor improved 3ppts to 81%, despite a 24% YoY increase in capacity via higher aircraft utilisation and flight frequencies. This is in line with its load active, yield passive strategy. AAX’s forward bookings remain strong. The company has secured 83-88% load factor for Oct-Dec 2017 and average base fare has seen an uptick in Oct and Nov 2017 to +10% YoY and +2% YoY respectively. We also understand from management that Chinese passenger traffic, which saw a decline in 2Q17, has seen a pick-up in 2H17. Management is also guiding for operations at its associates in Thailand and Indonesia to improve going forward, driven by capacity addition, lifting of regulatory overhang and strong cost management.
Maintain BUY. Looking ahead, we are positive on AAX’s plans to realign routes from Australia to its other more profitable key markets in North Asia and India. This should allow the company to sustain more consistent quarterly earnings, going forward. The company’s plans to add capacity and replicate routes from its associates in Thailand and Indonesia to markets in North Asia where its Malaysia operations currently operate in, should also allow the company to optimise its route network and provide greater economies of scale for the group and help sustain its low cost structure. Key catalysts for the stock would include stronger-than-expected sequential QoQ
earnings and a turnaround of Indonesia operations.
We maintain BUY on the stock with a target price of MYR0.46/share. At our TP, we have valued the stock at FY18F P/E of 9.5x, P/BV of 1.2x and EV/EBITDA of 6.5x. Our blended TP implies FY18F EV/EBITDA of 6.6x, which is in line with global low cost carriers’ peer valuations.
2017-08-25 09:27 | Report Abuse
will Tsunami come? hehe...eat all the sell queue...
Stock: [MYEG]: MY E.G. SERVICES BHD
2018-11-30 09:21 | Report Abuse
TP 1.20