Standard & Poor’s recently issued a comprehensive report on Malaysia and make 25 stocks picks that they believe will outperform FTSE Bursa Malaysia Kuala Lumpur Composite Index (FBM KLCI) in 2010.
This year, share prices are not as cheap as in early 2009 and the market will be more volatile. Standard & Poor’s however, maintain FBM KLCI target at 1,400 points in 2010 for an 11% return.
They believe the chosen stocks will be the best poised to benefit from the economic recovery and with relatively comfortable valuations to hold up against the increased volatility in the market. The managements of the chosen company also have a proven track records. Some of the chosen companies are also the dominant players in their fields.
Below is the 25 stocks that Standard & Poor’s pick for 2010.
| No |
Company
|
Industry
|
|---|---|---|
|
1
|
Genting
|
Casinos and Gaming
|
|
2
|
QSR Brands
|
Restaurants
|
|
3
|
Help International
|
Education Services
|
|
4
|
Carsberg Brewery
|
Brewers
|
|
5
|
KL Kepong
|
Agricultural Products
|
|
6
|
United Plantations
|
Agricultural Products
|
|
7
|
Alam Maritim
|
Oil & Gas Services
|
|
8
|
Wah Seong
|
Oil & Gas Services
|
|
9
|
Allianz Malaysia
|
Multi-line Insurance
|
|
10
|
AMMB
|
Diversified Financial
|
|
11
|
CIMB Group
|
Diversified Banks
|
|
12
|
SP Setia
|
Real Estate
|
|
13
|
Kossan Rubber
|
Healthcare Suppliers
|
|
14
|
Supermax
|
Healthcare Suppliers
|
|
15
|
AirAsia
|
Airlines
|
|
16
|
Mudajaya
|
Construction
|
|
17
|
Sime Darby
|
Industrial Conglomerates
|
|
18
|
Sunway Holdings
|
Construction
|
|
19
|
Notion Vtec
|
Electronic Components
|
|
20
|
Unisem
|
Electronic Components
|
|
21
|
Sino-Hua-An
|
Diversified Metals
|
|
22
|
Malaysia Steel Works
|
Steel
|
|
23
|
Subur Tiasa
|
Forest Products
|
|
24
|
Axiata
|
Wireless Telecommunication
|
|
25
|
Tenaga Nasional
|
Electric Utilities
|
None of them in my owned lists. Time to buy them…
Hi Jayce, none in my current list either. I’m interested in Unisem.
I had Mudajaya before. Sold too earlier at RM2.00. 😛
At least you are in profit although you can make much much more.