Can FBM-KLCI Reach 1700++ Point By Year End?
A, If Malaysia GE really this year, I believe it will be pushed up to show national economy momentum. Issue that need a careful monitoring such petrol hike up, inflation (rising up cost of living), middle east sentiment, USD/RM ratio and etc will jeopardize new high momentum. Can below counter be considered? GLC/Proxy?: 1) Malayan Banking Bhd (TP RM10.80), good results for 2Q already out. 2) Sime Darby Bhd (TP RM10.20) , how about the big lost last year? 3) Gamuda Bhd (TP RM5.25), who link what? MRT project? 4) SP Setia Bhd (TP RM7.70), property still intact? 5) AirasiaBhd (TP RM3.20), petrol bubble? fuel surcharge? 6) Dayang (TP RM3.40), OnG and Sarawak theme. Ref: theed...