Is Malaysia market at attractive and undervalued stage?

Posted by filatovarthur > 2021-12-09 16:21 | Report Abuse

Malaysia seems to be lagging off, and didn’t enjoy the benefit of reflation. Every market doing pretty well, except Malaysia. If you look closely at the picture in attachment, other benchmark across regional and global markets enjoy good rebound, meanwhile Malaysia is at -8.8% YTD. Valuation of the market: KLCI forward PE In the medium term perspective, KLCI is actually at attractive areas which it is undervalue than the average PE. As for the long term wise, KLCI is trading at long-term average of 16x. Given the growth estimates of 6.1% for 2022 with corresponding earnings growth. It is a matter of time when the spread between current sentiment and expectation spread to be narrow. Thus, the current attractive undervalued spread is definitely a good time to get in the boat.

1 person likes this.

3 comment(s). Last comment by DickyMe 2021-12-09 17:26

Johnzhang

3,098 posts

Posted by Johnzhang > 2021-12-09 17:19 | Report Abuse

The poor performance of Malaysian stock market directly reflect the performance of the recent past and present governments , the PMs and his ministers in particular. Foreign investors have better market to choose from and will give Malaysia’s dysfunction economy and the illiquid market a miss . Local institutions and funds face liquidity crunch and been the net sellers . Retail investors have their plate full and many are licking wounds .
Without a capable government who truly care about national interest, I don’t know how the market can turn around in the future. Sad indeed .

treasurehunt

1,884 posts

Posted by treasurehunt > 2021-12-09 17:22 | Report Abuse

Bursa is still staging Super bull with limited edition sector.....Technology with average PE not less than 40x

DickyMe

14,892 posts

Posted by DickyMe > 2021-12-09 17:26 | Report Abuse

Malaysia market is contaminated with political turds.

Constant policy changes and authorities harassment does not provide healthy business environment.

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