Affin Hwang IB Research's Top Picks for 2022

Amidst weaker corporate earnings growth and tightening of liquidity, we downgrade KLCI to Neutral. Introduce 2022 KLCI year end target of 1621 Political uncertainty and Covid-19 will be a key overhang on the market, but increased scrutiny on ESG also suggests valuation re-rating is challenging Downgrading reopening plays but remain focused on sectors exhibiting strong earnings growth (Building Materials and Technology). Our other overweights are from the Banks and Construction segments. Adding QL, Scientex, Public Bank and D&O to our high conviction 2022 picks
Name Ref Date Ref Price Price Diff Open Last Chg% Chg Volume
Market Buzz

2022-06-26

GAMUDA

2022-06-25

MAYBANK

2022-06-25

MYEG

2022-06-25

PBBANK

2022-06-25

ABMB
Discussions
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Mat Cendana

Some good calls here with big winners. Unfortunately dragged down by D&O and Inari.

2022-01-14 11:35

CharlesT

Nothing to shout abt

Anyway still much better than their previous TP of Topglove at Rm100 (or RM33.33 after bonus)

2022-01-14 11:41

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