Last week, I did a quick blog on Value Investing Series (Singapore). Now, I will do a quick scan on Malaysian-listed companies based on the following criteria:
- Date of extraction: 27 February 2021
- Minimum ROE: >15%
- PEG <2x
- Price-to-Sales <3x
- Other criteria – minimum USD market cap, current ratio, revenue growth rate, book value growth, gearing
Based on the above list, I quite like AJINOMOTO for being a consumer-related stock.
CAREPLUS – mmmm … I will give it a pass since it is a glove stock. Not too sure on the impact from global vaccination programme on glove stocks. I will consider glove stocks on a longer term basis, may be just not the right time yet. Anticipating some possible near term correction for glove stocks.
GDB – a construction player, headwinds are expected in this sector. Just reported latest Q4 results – improve in revenue & earnings. Orderbook is relatively OK
LIIHEN – export-market driven furniture player. Dependent on USD / recovery in US + global markets. Personal preference – somehow not so keen on furniture stocks.
MAGNI – an OEM apparel maker. Currently holding a position in this. Fundamentals are solid, but may have concentrated customer exposure.
SCIENTEX – packaging and property company. Packaging links to consumer-driven factors. It undertook a share split and currently trades in a range bound.
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