Friday, October 1, 2010

Maybank -good stock to invest now

Maybank share price has been gaining 40% from as low as $6 since June 2010.

It has been reported with increasing profit contribution from Indonesia and Pakistan operations.

I do believe it share will hit $10 by end of this year 2010 as Indonesia economy is growing steadily and Pakistan also in the growing trend.

With the bank OPR interest rate that is going to increase in the next 2 to 4 quarter for country such as Malaysia, Indonesia and Asean regions. It's will surely contribute more revenue and profit for the company.

It is a good time to buy this stock.

Airasia share price will hit $3 by end of 2010

Airasia share price has gain more than 40% from $1.50 since August 2010. I do believe it will hit $3.00 by end of this year. The reason are:

1) 3rd and 4th Qtr normally have a good passenger load factor due to school holiday and festive seasons.

2) Airasia will not funding the Airasia Thailand and Airasia Indonesia which is planning to be listed on the respective country stock exchange. This will reduce the debt ratio of parent company (Airasia Malaysia) and increase of net profit.

Friday, June 4, 2010

Stock investment tips

Invest in stock or company that is :

i) the market leader on that industry for e.g. rubber stock in malaysia is a good exampleas malaysia is the main producer and exporter of rubber glove country.

ii) controlling the largest domestic market share like Maybank, CIMB and Public Bank

Wednesday, March 24, 2010

Rubber Glove Stock

Recently, there was a rally of rubber glove stock in Bursa Malaysia. Rubber glove stock such as TopGlov, Supermx, Kossan, their share price has rally more than 50%.

I believe the rally will continue for Rubber Glove stock counter due to the following

a) increase awareness of personal health for emerging market like China, India and South East Asia
b) FIFA world cup at South Africa
c) USA healthcare revamp

I prefer IRCB as their share price is still relatively cheap (24March2010-closing price is RM1.17) compare to like TopGlove (RM13.30), KOSSAN (RM7.68) etc.

I believe the share price has potential to reach RM2.00.

Another potential and relatively cheap rubber glove stock is Ruberex (24Mar2010-closing price is RM1.37).