Bursa Malaysia with just under 1000 listed companies is one of the largest exchanges in Asia. the exchange also provides a wide variety of Investment choices to its investors ranging from Exchange Traded Funds, American Depository Receipts and various other stocks.
The company is Malaysia’s largest and world’s second largest manufacturer of gloves. The stock of the company is currently trading at a discount of 47%. The company provides a Price Earning Ratio of 26.3 times. The large discounts are majorly due the ambiguity over expansion plans of the company. Due to all these reasons the stock of the company is a good investment option.
Bermaz Auto BHD is the official distributor of Mazda cars in Malaysia. The company has an average profit margin of 10% as compared to 4% profit margin of its peer companies. The company is set to launch Mazda 3, Mazda CX-8, Mazda CX-30 by the end of 2019. The company also aims to increase the demand by expansion of its distribution channels.
Due to its expansion and growth strategies the market is favourable towards the stock of this company.
The company is one of the major player in Health care services and highway maintenance services. The company a=has an assured future growth in health care sector. There is a strong buying position for this stock with a median Target Price of RM 3.40 that is 17% higher than its closing price.
The company is involved in the manufacture of semiconductors. With the removal of ban from the chinese telecommunication products in the US, there is a huge potential for growth of the company. The market if quite favourable for the sock of this company.
The company is a company engaged in providing rubber solutions worldwide and continues to expand its expertise in rubber product. The company expects to raise its production capacity from 265. Billion gloves per annum to 44 billion by the end of year 2021.
Due to its expansion strategy, increasing demand and improved market dynamics, the stock prices are expected to raise.
These are some of the top Bursa Malaysian Stock Picks which can prove to be a good investment decision.