Friday, September 17, 2010

Top Malaysia Stocks

A Malaysian government think tank is planning on announcing next week that the government wants to create 3.3 million new jobs and double its per capital income. It plans to do this by doubling investments by private companies during the next decade.

Here are some interesting facts about Malaysia:
1. It the 34th largest economy in the world by purchasing power parity.
2. It has an inflation rate of only 3.8%.
3. The country has only 5.1% of its population below the poverty line.
4. The unemployment rate is only 3.5%.
5. The main countries that it exports to are the United States, Singapore, Japan, China, Thailand, and Hong Kong.
6. It has the largest number of industrial robots in the Muslim world.
7. It is negotiating free trade deals with Pakistan, Australia, New Zealand, the United States, Singapore, Thailand, and Chile.
8. It is number 32 of all countries in terms of GDP.

Here are some Malaysian companies which might be worth taking a look at:

Kuala Lumpus Kepong (KLKBY.PK) is a Malaysian diversified and agricultural company in the businesses of plantations, manufacturing, retailing and property development. The stock has a PE ratio of 18.

Malayan Banking ADR (MLYBY.PK) is Malaysia’s largest bank holding company. The stock has a PE ratio of 14.

MBF Holdings Berhad (MBFBF.PK) is an investment holding company which is involved in credit card and payment services, trading and manufacturing, property and hospitality, plantations, heavy equipment, and financial services. The stock has an extremely low PE of 0.15.

Nestle Malaysia BHD (NSLYF.PK) manufactures and distribute chocolate and candy.

Sime Darby Berhad ADR (SMEBF.PK) is involved in plantations, properties, heavy equipment, motor vehicle, energy and utilities, and general trading and services.

Tenaga Nasional Berhad (TNABY.PK) is a Malaysian electrical utility involved in the generation, transmission and distribution of electricity to residential, commercial and industrial customers. The stock has a PE of 12.

Telekom Malaysia Bhd (MYTEF.PK) is the major telecommunications company in the country. The stock has a PE of 17.

Amsteel Berhad ADR New (AMSBY.PK) is involved in the businesses of property development, operation of hotels, oil palm and rubber, manufacture and sale of steel related-products, security services and security-related equipment.

Boustead Holdings Berhad (BSTHF.PK) is a diversified Malaysian holding company involved in plantations, finance and investments, real estate properties, manufacturing and trading, the service industry and Boustead Emastulin, their automotive division.

Genting International PLC (GIGNF.PK) is involved in the business of developing, operating and marketing integrated resorts and casinos in Australia, North America, South America, Malaysia, the Philippines and the United Kingdom.

Other ways to invest in the country include the iShares MSCI Malaysia Index (EWM) ETF, which is up 18% for the last three months.

There is also the Malaysia Fund Inc. (MAY), a closed end fund that invest in Malaysia stocks. It is up over 23% for the last three months.

There is even a regular mutual fund, the Malaysia Fund (XMAYX), with an almost identical name, that specializes in investing Malaysian stocks. The fund is up aout 12% for the last three months.

If you like stocks in Southeast Asia, check out Thailand Stocks, Singapore Stocks, and Vietnam Stocks. And if you like other stocks from around the world, check out

Author does not own any of the above.


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