Sun News paper in January 2014 issues, SUNBIZ section had published article with title "What to expect in local equity market this year". In that article three market researcher from RHB Research Institute Malaysia, BIMB Security and Maybank IB Resesearch have been asked what is their top picks stock for 2014. Here are 10 stocks that I choose from their top picks.
1. Tenaga National
Tenaga Nasional Berhad (TNB) is engaged in the business of the generation, transmission, distribution and sale of electricity. The Company operates through three divisions: Generation Division, Transmission Division and Distribution Division. The Company also manages and operates a transmission network-the National Grid. Spanning the peninsular, the grid links TNB power stations and IPPs to the distribution network. The grid is also interconnected to Thailand's transmission system in the North and Singapore's transmission system in the South. TNB is also involved in diversified activities linked to the power industry. Through its subsidiaries, the Company is in the manufacture of transformers, high voltage switchgears and cables; the provision of professional consultancy services; architectural, civil, electrical engineering works and services, repair and maintenance; as well as in research and development; property development, and management services. http://klse.i3investor.comStock Info
Ticker: TENAGABoard: Main Market
Sector: Trading/Services
Last Price At Jan 02, 2014: 11.18
Pick By: Maybank IB Research
2. Maybank
Malayan Banking Berhad (Maybank) is principally engaged in all aspects of commercial banking and related financial services. The subsidiaries are principally engaged in the businesses of banking and finance, Islamic banking, investment banking including stock broking, underwriting of general and life insurance, general and family takaful, trustee and nominee services, asset management and venture capital. The Group's business segments comprise of Community Financial Services, Global Banking, International Banking, Insurance and Takaful, and Islamic Banking. Community Financial Services is the retail banking arm of the Bank, serving individual, Retail SME and Business Banking customers. The Global Banking segment includes Corporate Banking, Investment Banking, Transaction Banking (with four lines of business: Cash Management, Trade & Supply Chain Financing, Financial Institutions and Securities Services i.e. trustee and nominee services), Global Markets (providing treasury services including Foreign Exchange, Money Market, Fixed Income Markets, Derivatives and structured products) and Asset Management. International Banking includes commercial banking business operations in 19 countries including all 9 ASEAN countries outside Malaysia (Singapore and Indonesia being the largest markets) and the rest in strategic markets including Greater China, the Middle East, the United Kingdom and the United States. Insurance and Takaful segment provides all classes of general and life insurance, general takaful and family takaful, and offshore investment life insurance. Islamic Banking leverages on the Group’s infrastructure and network to offer end-to-end Shariah compliant financial solutions.http://klse.i3investor.com
Stock Info
Ticker: MAYBANKBoard: Main Market
Sector: Finance
Last Price At Jan 02, 2014: 9.93
Pick By: RHB Research Institute
3. Cahya Mata Sarawak
Cahya Mata Sarawak Berhad, an investment holding company, engages in the manufacture of clinker and cement; construction and quarry operations; and provision of financial services, and property development, trading, and services in Malaysia. It involves in the manufacture and sale of ordinary portland cement, masonry cement, and clicker; pre-formed concrete products, such as square piles, bridge beams, culverts, cement sand bricks, and kerbs; stone aggregates, including granite, microtonalite, and limestone; and asphaltic concrete and bitumen emulsion for the construction of highways, flyovers, and airport runways. The company also offers water management products, petroleum products, and construction materials and systems, as well as safety products, vehicle and equipment spare parts, road furniture, and green waste management products; manufactures organic soil conditioners; and owns and operates a school that provides kindergarten, primary, and secondary-level classes in Kuching. In addition, it undertakes civil engineering, building and utilities works, road construction and maintenance, and bridges and water-related projects; provides engineering services to the oil and gas industry; and involves in the software research and development, and provision of software and Internet related services, and trading of computer software, as well as develops technology solutions for the insurance and healthcare sectors. Further, the company provides property holding, property development, and project management; corporate financing; private equity investment management; and organic waste management and related consultancy services. Additionally, it manufactures and sells steel wires and wire mesh products; and provides green waste management and composting, site clearing and earthworks, electrical and telephone works, and environmental protection services. The company was founded in 1974. http://klse.i3investor.com
Stock Info
Ticker: CMSBBoard: Main Market
Sector: Industrial Products
Last Price At Jan 02, 2014: 6.85
Pick By: RHB Research Institute and Maybank IB Research
4. Bumi Armada
Bumi Armada Berhad is a Malaysia-based international offshore oilfield services provider. The Company is engaged in the provision of marine transportation, floating production storage and offloading system (FPSO) operations, vessel construction, and engineering and maintenance services to offshore oil and gas (O&G) companies. It provides services through its ownership and operation of marine assets across the O&G value chain; from exploration through to field development and construction, production and operations and eventually, decommissioning. It serves clients in over 10 countries across Asia, Africa and Latin America. Bumi Armada provides these offshore services via four main business units and two support units. The main business units are FPSO, Offshore Support Vessels (OSV), Transport & Installation (T&I) and Oilfield Services (OFS). On October 4, 2011, the Company acquired Bumi Armada Russia Holdings Limited . http://klse.i3investor.comStock Info
Ticker: ARMADABoard: Main Market
Sector: Trading/Services
Last Price At Jan 02, 2014: 4.07
Pick By: RHB Research Institute and Maybank IB Research
5. Hong Leong Bank
Hong Leong Bank Berhad (HLB) is a Malaysia-based company. The Company is engaged in commercial banking business and in the provision of related services. The Company provides services in personal financial services, business banking and trade finance, treasury, branch and transaction banking, wealth management, investment banking, private banking and Islamic financial services. The Company's business segments include Group Consumer Banking, Group Business Banking, Global Markets, Investment Banking, Overseas Associate and Overseas Joint Controlled Entity. Group Consumer Banking focuses on servicing individual customers and small businesses. Group Business Banking focuses mainly on corporate customers. Global Markets refers to the Group's treasury and capital market operations. On 6 May 2011, the Company acquired EON Capital Berhad, and EON Bank Berhad and its subsidiaries, including EONCAP Islamic Bank Bhd and MIMB Investment Bank Bhd and its subsidiaries became part of the Company. http://klse.i3investor.com
Stock Info
Ticker: HLBANKBoard: Main Market
Sector: Finance
Last Price At Jan 02, 2014: 14.30
Pick By: RHB Research Institute and Maybank IB Research
6. Dayang
Dayang Enterprise Holdings Bhd. is an investment holding company. Through its subsidiaries, the Company operates in four business segments: Investment holding, which is engaged in the provision of management and secretarial services; topside maintenance, which is engaged in the provision of offshore topside maintenance services, minor fabrication works and offshore hook-up and commissioning services for oil and gas industry; marine charter, which is engaged in chartering of marine vessels and provision of related support services, and equipment hire, which is engaged in the equipment hire operation. Its subsidiaries include Dayang Enterprise Sdn. Bhd., DESB Marine Services Sdn. Bhd. and Fortune Triumph Sdn. Bhd. On December 8, 2010, the Company entered into a conditional share sale agreement with AWH Equity Holdings Sdn Bhd for the disposal of its 40% equity interest in Syarikat Borcos Shipping Sdn Bhd. The proposed disposal had been completed on April 18, 2011. http://klse.i3investor.comStock Info
Ticker: DAYANGBoard: Main Market
Sector: Trading/Services
Last Price At Jan 02, 2014: 5.75
Pick By: RHB Research Institute and BIMB Securities Bhd
7. TH Plantations
TH Plantations Berhad (THP) is an investment holding company. The Company has two segments: oil palm plantations and management services. Oil palm plantations includes in cultivation of oil palm, processing of fresh fruit bunches (FFB), marketing of crude palm oil (CPO), palm kernel (PK). Management services include provision of management services. The Management services segment also provides services to a related company in Indonesia. During the year ended December 31, 2010, the Company produced 463,949 metric tons of FFB. As of December 31, 2010, the Company had 37,484 hectares oil palm plantation area, of which 22,541 hectares were mature and 14,943 hectares were immature. The Company's subsidiaries include THP Ibok Sdn. Bhd., THP Gemas Sdn. Bhd., THP-YT Plantation Sdn. Bhd. and THP Sabaco Sdn. Bhd. http://klse.i3investor.comStock Info
Ticker: THPLANTBoard: Main Market
Sector: Plantations
Last Price At Jan 02, 2014: 1.87
Pick By: BIMB Securities Bhd
8. AMBANK
AMMB Holdings Berhad is an investment holding company. The Company's business segments include retail banking offers credit facilities; business banking operations provide trade services, cash management and transactional banking services; investment banking encompasses debt capital markets and equity capital markets services, equity derivatives, funds management and private banking; corporate and institutional banking offers commercial and investment banking products through the overseas business operations and providing real estate management services; insurance segment offers life and general insurance products; treasury and markets operations focuses on activities and services, which include foreign exchange, money market, derivatives and trading of capital market instruments, and group functions and others comprises activities, which complements and supports the operations of the main business units, and noncore operations. On February 28, 2011, it acquired AmIslamic Bank Berhad. http://klse.i3investor.comStock Info
Ticker: AMBANKBoard: Main Market
Sector: Finance
Last Price At Jan 02, 2014: 7.32
Pick By: Maybank IB Research
9. TELEKOM MALAYSIA
Telekom Malaysia Bhd. is the leading integrated telecommunications company in Malaysia. It has been incorporated in Malaysia on 12 October 1984. It was listed in the Main Market of Bursa Malaysia Securities Berhad on 7 November 1990. The principal activities of the company is the establishment, maintenance, and provision of telecommunications and related services under the license issued by the Ministry of Energy, Water and Communications (now known as the Ministry of Information, Communication and Culture). http://klse.i3investor.comStock Info
Ticker: TMBoard: Main Market
Sector: Trading/Services
Last Price At Jan 02, 2014: 5.40
Pick By: BIMB Securities Bhd
10. Time dotCom
TIME dotcom Berhad (TIME) is an investment holding company. The Company is engaged in the provision of management and marketing/promotional services and retailing of telecommunications products. TIME is a fixed-line telecommunications network and solutions provider in Malaysia. Its business segment provides managed services, corporate/government solutions, wholesale and carrier services, fixed line services (voice), fixed line services (data), broadband and Internet. Its consumer segment offers fixed line services (voice), broadband and Internet. Within the consumer sector, TIME offers 100% fiber-based broadband services. The TIME business is built on its fiber optic network, the Cross Peninsular Cable System (CPCS). During the year ended December 31, 2010, the Company rolled out a broadband service in Malaysia: TIME Fibre Internet. TIME Fibre Internet is the Company's 100% fiber-based services with compelling packages, to 30,000 premises. http://klse.i3investor.comStock Info
Ticker: TIMECOMBoard: Main Market
Sector: Infrastructure
Last Price At Jan 02, 2014: 3.61
Pick By: Maybank IB Research
Their Advice To Investor
"As the economy will likely experience a cyclical recovery in the period ahead, there are more values in high growth sectors, in our view. While more values could be found in the mid to smaller-cap stocks with sound fundamentals and accumulate them on weakness" - RHB Research Institute, Malaysia
"Buy on weakness" - BIMB Securities Bhd
"This will very much be a stock-picking year and we advice investors to focus on the value stocks in near term, and notice the big-caps on broader market dips" - Maybank IB Research
