Budget 2011 appears to promote private consumption and investment given its notable PPP initiatives in infrastructure development. While fairly Neutral, there were slightly more positive than negative surprises, especially since the highly anticipated tightening measures on the property sector did not materialize. We see the Construction, Property and Consumer sectors as the biggest winners from this Budget although we do not see a major market reaction as most of the main budget items had been unveiled earlier.
[continue reading…]
Bank Negara Malaysia (BNM) was issuing 2 new Commemorative Coins in conjunction with the 50th Anniversary of the Proclamation of the Bunga Raya as the National Flower and 125th Anniversary of Jabatan Ukur Dan Pemetaan Malaysia. Both Commemorative Coins issued on 30th September 2010 and 14th October 2010 respectively.
Three types of commemorative coins issued by BNM on respective anniversary. They are as below,
Gold Commemorative Coin (proof)
This proof coin is made of gold with 999.9 purity and weighs 7.96 grams. It has a face value of RM100 and will be sold at RM1,200 a piece. The mintage quantity is limited to 150 pieces for each anniversary.
[continue reading…]
Given the success of recent bonus issues in fuelling a rally in share prices and the potential abolishment of ‘par value’ in the Malaysian capital market, we take a look at who else might be declaring bonus issues soon.
Based purely on the share premium to share capital ratio, where the higher the ratio the easier it is to issue bonus shares.
The table below are the list of higher potential bonus issuers among the top 75 companies by market capitalization.
[continue reading…]
On Friday 15th October 2010, Prime Minister, Datuk Seri Najib Tun Razak tabled a RM212-billion budget for 2011 centred on four key strategies designed to transform Malaysia into a developed and high-income nation by 2020 with sustainable development, spearheaded by the private sector as well as focus on the well-being of the people.
The following are Budget 2011 highlights for Personal Finance and Investment.
[continue reading…]
We always heard that many people are saying high risk investment come with higher return. But how do we know which investments have higher return with higher risk and vice versa.
There are 3 level of investments risk namely conservative, moderate and aggressive with potential return ranging from 3 percent and up to 20 percent. The most commonly type of investments from lowest to highest potential returns are government securities, fixed deposits, bonds, investment linked insurances, equities and options/warrants.
The chart below illustrates the risk and potential return of the common types of investment products.
[continue reading…]
