With the earnings season over, we will summarize the ups and downs of every S-REIT and rate their financial performance in this six-part series. To begin the series, here are four of the most disappointing REITs that let investors down in the latest quarter.
Investing in small caps seems like a risky affair. However, do your homework and it can be highly rewarding. In this two part series, we focus on highlighting some of the small cap gems that have remained elusive to the market. These small cap gems have the potential to help your investment portfolio returns turn up a notch.
We continue to highlight five undervalued MY stocks that will be good additions into a defensive portfolio.
The market could hardly hide the disappointment as KLCI finished a disappointing 4Q18 earnings season with uninspiring earnings outlook. The market is now starting to reel in to the fact that slow growth is the new norm. That being said, there are still stocks that are worth a BUY recommendation from the street. Here are four MY stocks that have been given a BUY recommendation by the street.
The latest earnings quarter turned out to be a worse than expected for Malaysian stocks. Among the MY stocks that were under DBS’ coverage, 30 percent missed consensus expectations. This was largely driven by underperformance of plantation, utilities, oil & gas and airline companies. Large cap companies have also been guiding for more cautious growth in 2019, leading to a downward earnings revision across KLCI.
Following the first part of the series where we focus on four of CIMB’s nine quality stock picks, we continue the series with another five quality stocks that are worth investing in.
Moving forward, UOBKH believes that a shift in portfolio strategy is needed to regain its alpha. UOBKH will re-position its portfolio by removing telco picks and adding REIT and small cap gems in a bid to achieve higher alpha.
For the past seven quarters, STI failed to beat earnings expectations as there were more misses than beats. However, in 4Q18, STI finished the quarter where the beats exceeded misses.
The latest earnings season was a disappointment, to say the least. Multiple sectors such as banks, property, telco and O&G saw earnings cut due to slowing global growth and US-China trade war. As a result, earnings growth was slashed for FY19. This contributed to the fall in STI from its February high of 3,286. Going forward, DBS is expecting STI to stay around the support area of 3,180 with a bull-case forecast of 3,500 by end of the year.
Bear market is the number one concern on investors’ mind. This is especially true in the current investing climate where investors are constantly questioning whether the next drop would materialise into the next bear market.