Thursday 19 January 2017

Construction Stocks. X

Is a current top 40 hit for 21 Savage, taken from the album savage mode.

Bloomberg says, construction stocks in Malaysia, has the X factor. Below is the report :

Construction stocks will provide the biggest opportunity among shares in Malaysia this year, said Ang Kok Heng, chief investment officer at Phillip Capital Management Bhd. in Kuala Lumpur, whose Phillip Master Equity Growth Fund has beaten 94 percent of its peers over the last five years.
He said he favors mid-cap stocks like George Kent Malaysia Bhd., Hock Seng Lee Bhd. and Kimlun Corp. as they have better return potential, especially when they win large contracts relative to their size.

Some 96 billion ringgit ($22 billion) of new and ongoing infrastructure contracts will be awarded over 2017 and 2018, Loong Chee Wei, an analyst at Affin Hwang Investment Bank Bhd. in Kuala Lumpur, wrote in a Jan. 16 note.
Loong maintained an overweight call on Malaysia’s construction sector and his top buys are Gamuda Bhd., Sunway Construction Group Bhd., WCT Holdings Bhd. and Gabungan AQRS Bhd.