Investment ideas

The “IKEA indicator” says buy Indonesia

 
Europe's recovery is over – so it's time to buy European shares because of more QE

Bank of Japan remains one of the central banks that is still firmly stuck in 'looser' monetary policy mode

Source:moneyweek

top cement companies in Malaysia

Lafarge
YTL
Cement industries Malaysia
Tasek
Hume
Holcim
CMS

(source : RHB)

investment tips

from moneyweek unless specified otherwise

- three specific investing styles have been shown by research to deliver market-beating returns over the long run. Buy cheap stocks. Buy small caps. And buy winners – stocks that are in a rising trend beat those on a losing trend
For quite a while, Ibbotson has been doing research into liquidity. He reckons that he’s proved that illiquid stocks beat liquid ones over the long run, and that this is another measure to add to the three existing ‘factors’

-platinum, palladium

-On a global basis, demand and inventory trends suggest a pick-up in economic activity in the second half of the year. If so, our high single digit forecast for 2014 equity market returns should be able to withstand the onset of (eventually) tighter monetary policy in the US. The ongoing M&A boom probably won’t hurt either. ::: Michael Cembalest, J.P. Morgan Asset Management

-shorting the Kiwi versus the US dollar

-Buy Japan. All else being equal, a stronger dollar and a weaker yen are good news for the Japanese market.

Incinerator to be built in Kepong

Incinerator to be built in   Kepong.

Which countries are Peter Schiff bullish on?

It’s kind of like a monetary or economic triage; I’m always looking around the world to see which countries are in the least bad shape, which countries are the least reckless and the least irresponsible. You really can’t find any one country that’s doing it perfectly. You just have to find the ones that are making the fewest mistakes.

And I think high on that list are Singapore and Hong Kong. Those markets are relatively free of regulation, free of taxation. I mean, it’s not nonexistent, but on a relative basis you have a lot more freedom there, and so you have a lot more prosperity there. You have much better economic fundamentals. And not just in those two places, but in Southeast Asia in general, in a lot of the emerging economies, you’ll find a lot less government and a lot more freedom. People are working harder, they’re saving, they’re producing, and they’re exporting. You don’t have these trade deficits, budget deficits, and you don’t have armies of people looking to retire on government entitlements. In Europe, we still like Switzerland even though they are making mistakes tying their currency to the euro. I think eventually they will change that policy. Scandinavia, we have been investors in Norway, we’ve been investors in Sweden. Also Australia and New Zealand have been longtime favorites. We’ve been investing down there or even closer to home in Canada. We do have some investments in South America. We’re diversifying around the world trying to get into the right countries, the right currencies, the right asset classes.
- Peter Schiff (CEO of Euro Pacific Capital)

investment ideas 2014

David Garff
- Japan, China, Russia

Money morning
- Japan
-commodities
- South korea, mexico, china

Schroders
- thrifty three :South Korea, Taiwan, Philipines
- fragile five: India, Indonesia, south Africa, Turkey, Thailand

Andrew Sheng
- Indonesia

Eastspring investments on Malaysia
- oil gas, plantation, selective insurance, telco, construction, industrial and consumer

S.Dali
-Generally positive, B+ for markets for first 6 months at least. Dangers of overshooting on upside which will bring forth volatile trading. Potential correction catalysts are predictable so far. But then again they do not call Black Swans Black Swans if I can see them through normal eyes.

Shah Gilani - We're just rounding up the last stages of this generational bull market's first leg. There will be two more legs higher.

Van R. Hoisington, Lacy H. Hunt, Ph.D.
-The slow nominal growth rate anticipated for 2014 should continue to put downward pressure on the inflation rate as the insufficiency of demand continues to create highly competitive markets. With slower inflation, lower long-term interest rates are a probable outcome.

fund house views

Fund houses' views from Fundsupermart fair 2014

Kenanga
US - debt ceiling no longer critical, support form midterm elections
China - potential financial risks (default, shadow banking), slowdown in growth
Japan - depend on further structural reforms
Malaysia- growth by export recovery, risk rising inflation (weaker domestic consumption), sovereign downgrade risks diminished, valuations not cheap, small caps historically high PE but potential growth, themes: OG, export recovery plays, construction, property (2H), yield plays with earnings support (not reits)
Synchronized global growth, still favor developed markets in 1H

Hwang IM - o&G

RHB OSK - 1H developed markets, 2H emerging markets

Eastspring - Malaysia themes - stock pick mid-cap growth equities; O&G, ETP, construction, banks, subsidy rationalization e.g. TNB, VMY, GST service providers

Concerns - rising costs, geopolitical, policy missteps, Europe, China