Yesterday, The Star's StarBiz suggested eight stocks to keep on your radar, good for now as well as post-election, the latter, i.e., if you are banking on the current administration staying in power. (Yes, GE13 is just around the corner if you haven't heard or read about it. Duh!)
These are some stocks that are worth taking a bet on, StarBiz suggested. These are stocks of companies that are doing well but which also have a political flavour one way or the other which could be in the form of government contracts, shareholdings or just personalities involved in their key management or ownership.
The eight stocks are:
1. SapuraKencana Petroleum Bhd
2. Gamuda Bhd
3. CIMB Group Holdings Bhd
4. MyEG Services Bhd
5. Malaysia Marine and Heavy Engineering Holdings Bhd
6. Prestariang Bhd
7. Cypark Resources Bhd
8. Handal Resources Bhd
For more info about these companies, read: The Star's Are you thinking what stocks to buy before and after the general elections?
Or perhaps you may want to check out Manchester United stock? It's now under $17 a share. Forbes Magazine says Man U is valued at a record $3.3 billion making them the world’s first sports team to be valued at more than $3 billion.
Last August, shares of the team were offered to the public at $14 but are now just under $17, boosting the wealth of the Glazer family, which has voting control of almost all of the team.
Famed investor George Soros was among those who purchased a stake in the 19-time English champions after shares went public.
Read more: Forbes says Man U valued at record $3.3 billion - Latest - New Straits Times
thanks for sharing these useful tips, great info.. and are you going to invest and get rich too?? :p
ReplyDeleteYou're welcome, SK. We'll see. :)
Deleteuseful tips but my pocket no money :(
ReplyDeleteWords of a humble 'fu tai'. LOL
Deletehaiz.. same lor.. want to buy but no money~ =(
ReplyDeleteWords of a humble rich young man. LOL
DeleteYou see when the stock market is battered,there will always be such news,,recommendations and what not...............we need to do our own study,our own research and I am sure there are stocks who can stand any "calamity" ......................give you a tip,,,Wingtm 2976 will be a good stock as they have about 45 % share in Uniqlo and others like Topman,Dorothy Perkin and have huge landbank for developement,,,,hahahahhhaha,,disclaimer must be adhered,,
ReplyDeleteEugene, thanks for sharing your observation and tip. Looks like a promising stock. Will check it out.
DeleteDisclaimer, right! Everyone must be responsible for one's own actions.
I never know Man U share is listed...
ReplyDeletelol .. so they will give you man u ticket for bonus issue?
The Manchester United IPO, to the tune of $1Bn, was supposed to be issued in Singapore but later moved to New York.
DeleteNot sure is this a myth from some investments gurus that to off load all stocks before election and adopt a wait see strategy to invest again after election. Anyway tQ for the tips. Good luck.
ReplyDeleteYeah, there are differing schools of thought. Some say no fear, others say liquidate some, yet others say sell all.
DeletePrestariang I got already. Dividend very good, but stock price hardly moves...
ReplyDeleteGood for you, KS! Thanks for the added info. Good to know. The stock picked up 3 sen yesterday.
DeleteGenerally speaking, Malaysian investors are wary of companies which thrive on government contracts. Which is why Prestaring's price can't go up :(
ReplyDeleteIt's good to have a mixed bag for a portfolio. A good balance is a safe bet.
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