OSK Research expects companies in its top 50 Malaysian small-cap list, dubbed “50 Jewels”, to register between 5 per cent and 15 per cent growth in earnings this year, driven by their strong fundamentals, as well as a recovery in the economy.
In their 2009 small-cap list, 32 out of 50 of them having posted absolute returns of 50 to 375 per cent, outperforming the benchmark index. So I hope 2010, 50 Jewels will perform reasonably well.
OSK Research also targeted the benchmark FTSE Bursa Malaysia KL Composite Index to hit 1,465 points by year-end. It also placed a fair value of 1,580 points on the index in 2011.
The table below is the top 10 companies in OSK Small Cap 50 Jewels and their target price.
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Since it was formed 10 years ago, Euro has become a solid currency. However, things are going on the opposite way in the last few weeks. It start with Greece where their budget deficit reach more than 12%.
The problem seem to be cantagion to PIIGS country (Portugal, Italy, Ireland, Greece and Spain). Germany, European Union strongest economy seem not willing to help out what they see as a bunch of Mediterranean layabouts.
New York-based investment bank Morgan Stanley is among those saying the possibility of a euro collapse has to be considered. So, if the euro might not be around in 2020, here are seven trades to start thinking about.
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Koperasi Bank Persatuan Malaysia Berhad or Bank Persatuan is a cooperative organization and it was established on 7th June 1950 under the name ‘The Province Wellesley Cooperative Banking Union Limited’ in Butterworth, Penang.
Bank Persatuan is in the process of upgrading their operation from credit cooperative to become second cooperative bank in Malaysia after Bank rakyat. They expected to become a cooperative bank by July 2010 after meeting the condition set by Bank Negara Malaysia. The main condition is to have RM300 million paid up capital.
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May 4, 2010
Fixed Deposit
Affin Bank,
Alliance Bank,
AmBank,
CIMB Bank,
EON Bank,
Hong Leong Bank,
HSBC,
Islamic,
Maybank,
OCBC,
Public Bank,
Rate,
RHB Bank,
Standard Chartered
Previously we look at conventional fixed deposit rate for May 2010. However, if you prefer to deposit in Islamic Fixed Deposit Account or commonly known as General Investment Account (GIA-i) instead of conventional fixed deposit account, the rates are shown in the table below.
Kindly note that, the rate showed in the table below are only indicative. It means that, the rates may changes according to agreed profit sharing ratio. This table are no longer maintained. To get the latest rates kindly browse Latest Islamic Fixed Deposit (FD) Rates page.
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May 3, 2010
Fixed Deposit
Affin Bank,
Alliance Bank,
AmBank,
CIMB Bank,
Citibank,
Conventional,
EON Bank,
Hong Leong Bank,
HSBC,
Maybank,
OCBC,
Public Bank,
Rate,
RHB Bank,
Standard Chartered,
UOB
If you like to invest your money in the most secure instrument, fixed deposit is one of the best choice. Bank Negara increased OPR rate early this year, so fixed deposit rate also on the raise. You may want to park in your money in fixed deposit if you believe in “Sell in May and Go Away” adage.
The table below shows the conventional fixed deposit rate as of May 2010. This table are no longer maintained. This table is no longer maintained. For the latest rate kindly browse this page.
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