As jobs visibility improves, 2012 should generally be a better year for the Malaysian O&G industry compared to 2011. This year and next year’s focus should still be on marginal oilfields. OSK expects the overlap of marginal oilfield and deepwater activities to boost O&G services providers’ utilization rates to their peaks.
The development of onshore O&G projects would also continue to hog the headlines moving forward.
OSK Maintains Overweight on the sector, with Kencana Petroleum and Dialog Group being the top picks.
Below are the target prices and ratings for selected Oil & Gas stock.
[continue reading…]
If you are Australian resident and would like to obtain fast cash, you can’t go wrong with Cashfirst. Cashfirst will provide cash loans in between $1000 and $5000 to meet your unexpected expenses such as an emergency car breakdown.
Guess what! If you are in dire need for fast cash, you can obtain from Cashfirst in no time. Approval process is extremely fast. Normally, it takes place within 60 seconds, and the cash will be in your bank account within 24 hours of approval. That’s what we call fast!
Cashfist is also well-known for their excellent customer service and turned any complicated ordeal, into a simple and easy process. They always treat the customers with respect that they deserve.
[continue reading…]
“HY Markets is a division of the Henyep Group, a global diversified conglomerate with business in financial services, property, education, and charity spanning 3 continents and 20 countries worldwide. The Henyep Group of companies are registered and authorized in world-leading jurisdictions including London, United Arab Emirates, and Hong Kong. This provides clients with the comfort and security of a global institution.
HY Markets provides investors with efficient and direct access to all their trading needs. Start trading with the security of an FSA regulated company”.
~HY Markets website
HY Markets in comparison to other brokers out there has a long history. For more information you can click here.
[continue reading…]
The Employees Provident Fund (EPF) announced dividend rate of 6.00 percent for the financial year ended 31st December 2011 after obtaining approval from Minister of Finance. It was the highest for the past 10 years and 20 basis points higher than 5.80 percent announced in 2010.
Kindly refer to “Historical Employees Provident Funds (EPF / KWSP) Dividend Rate” page for EPF dividend rate table & chart since 1952.
The total dividend payout stand at RM24.47 billion from RM27.24 billon investment income. The payout representing an increase of 13.23 per cent compared to RM21.61 billion recorded in 2010. The remaining RM2.77 billion are used for net impairment allowance on financial assets, investment expenses, operating expenditures, statutory charges and dividend on withdrawals.
[continue reading…]
As the much anticipated 13th general election draws near, OSK see the Government dishing out more contracts to create a “feel good” climate in the run-up to the polls.
News relating to mega projects such as the KL MRT, WCE, EDT and potentially SCORE, should gain traction and hence present investors – who are increasingly becoming more upbeat – with trading opportunities aplenty.
As such, OSK upgrade our sector call from Neutral to OVERWEIGHT as the rush of positive news in the next few months is likely to fire up the sector to new highs this year.
Below are the target price, market capitalization and rating for selected stocks in construction sector.
[continue reading…]
