Despite an uninspiring quarter, analysts are still positive about these 3 S-REITs.
Without much delay, the new Malaysian government has started to deliver on its election promises, the first being the removal of the goods and services tax (GST) from June onwards. With nine other items still on Pakatan Harapan’s first 100-days manifesto, the Malaysian stock market could see some positive movement in the near-term with the new government in office.
Most S-REITs have reported their earnings result for 1Q18. In this roundup series, we kick off with a scorecard of the best-performing S-REITs. Among the universe of S-REITs, here are four touted to have bested expectations.
Led by the 93-year old former Prime Minister (PM), Tun Dr Mahathir Mohamad, Pakatan Harapan (PH) won 54.5 percent of the parliamentary seats of Malaysia. Now, how should investors navigate under the new establishment?
Global trade tensions and geopolitical uncertainties in Europe have unnerved retail investors. Amidst the uncertainties, other brokerages are calling investors to load up on these three stocks due to their healthy long-term prospects.
However, economies around the region are starting to show signs of stronger growth led by the growing world economy. To tap into the growing demand for goods and services, here are three overseas plays that you should keep an eye on by adding them to your watchlist.
Getting it right with small-cap stocks is both an art and science. Investors also need some experience to be able to filter out value traps. We highlight the top three small-cap stocks that are highly recommended by analysts, which you should be keeping a lookout for in the coming months if you want to get the right small cap stocks in your portfolio.
Following the goods and services tax (GST) implementation and poor labour market conditions, the private healthcare consumption in Malaysia suffered a slowdown. However, as the new PM Mahathir scrapped the GST in Malaysia and as domestic economic conditions strengthen, DBS believes that healthcare affordability in Malaysia would improve and hence help price-sensitive patients switch back from public to private healthcare providers.
In the next few years, demand for primary homes will continue to trend higher, according to DBS. DBS notes that the demand will come from both population growth and home upgraders who are in the market to upgrade to private properties. Over the next 12 years, DBS foresees a CAGR of 1.5-3.2 percent for property prices as Singapore’s property growth story continues to unravel.
The Straits Times Index (STI) is now at its highest point since the financial crisis in 2008. While investors are showing concern of market jitters, analysts believe that there are opportunities to capture some good stocks from market overconcern. Here are three stocks that Maybank Kim Eng (MBKE), DBS and UOBKH think should be on your stock watchlist.