OSK Top 5 Stock Picks for December 2011

For December, with both China and Thailand easing monetary conditions and 6 Central Banks in OECD countries coming together to boost liquidity, it appears that governments worldwide want to tackle global economic woes with a united front.

As such, there could be a modest year-end rally in December, both globally and in Malaysia. OSK advocate a little short-term risk-taking while maintaining their medium-term conservative stance.

The table below is the target price for OSK’s December 2011 top picks.

Stocks Price (RM) Target price (RM) Market Cap (RM million) Rating
Maybank 8.30 9.60 61,693.5 Buy
Petronas Gas 13.20 15.52 26,040.0 Buy
Telekom Malaysia 4.32 5.15 15,132.4 Buy
AirAsia 3.69 4.57 10,389.3 Buy
Dialog Group 2.39 3.66 4,881.5 Buy

Source : OSK Research

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