January 05, 2013

Keeping a Closer Watch on Thee

Searching  for a Sky-High Price?
These days, we have very slim pickings on the Bursa KL.

Except for the impending re-listing of Malakoff, expect a dead-dull market.

Returns to Investors?
There is no longer any attractive counters out there except for the orang putih counters such as GAB, Carlsberg, Digi.com, Lysaght Malaysian Cement, Nestle and F&N.

Many counters were taken private such as UAC, BRDB,TWS,EIG,KrisAssets  and many more.

New Ball Game in Dialysis
The only counters worth watching currently are Astro Malaysia Holdings,Pos Malaysia and possibly Adventa which has evolved into a dialysis distributor after hiving off its rubber glove activity.

Some IBs are hawking Astro with a TP of RM3.40, while Pos may experience some  upticks too if foreign interest continue to collect it. As for Adventa, we just do not know what is happening there but at 0.42 sen, it may be a good buy.

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