Choice Stocks For 2005 Malaysian Business
| Summary of Choice Stocks for 2005. December 1-15 2004, Page 34 |
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| Company | Share Price* | Rationale |
| Aluminium Company of Malaysia | RM1.56 | Moving into the manufacturing of higher valued aluminium products. |
| AMMB Holdings | RM3.42 | Stronger than loan growth, stabilising margins, and lower loan-loss provisioning. |
| Commerce Asset-Holding | RM4.84 | Stronger loan growth, stabilising margins, and lower loan-loss provisioning. |
| DiGi.Com | RM5.40 | Currently the smallest telecommunications player, but with a rapidly increasing market penetration. |
| Fraser & Neave | RM4.90 | Solid fundamentals and a strong balance sheet. |
| IJM Corporation | RM4.54 | Specialised companies in water, waste-water and road maintenance will benefit from water related projects. |
| KNM Group | RM2.07 | Earnings growth from Dubai's investments and better position in the manufacturing of niche petroleum equipment. |
| Lion Diversified | RM1.63 | Strong upside from Parkson China's retail operations. |
| Malaysia International Shipping Corp | Rm14.00 | Focusing on lucrative energy transportation. |
| Maxis Communications | RM8.95 | Expansion potential in the Indian subcontinent. |
| Petaling Garden | RM1.51 | Resilient, two properties in Bandar Sri Petaling and Glenmarie would have high profit margins. |
| Ranhill | RM6.70 | Specialised companies in water, waste-water and road maintenance will benefit from water-related construction projects. |
| SEG International | RM2.68 | Largest education provider in terms of profits and enrollment figures and its earnings base is diversified enough for it to weather cyclical trends. |
| Scomi | RM1.60 | Potential earnings from recent acquisitions. |
| Telekom Malaysia | RM11.90 | Potential expansion overseas. |
| Tenaga Nasional | RM11.50 | Internal cost rationalisation exercise and potential increasr in tariff. |
| Transmile Group | RM8.00 | Regional expansion in 2005. |
| * as at Nov 22, 2004 | ||