Another Chinese company IPO - is caution the word to describe?

Today, we are seeing another Chinese (from mainland China) company getting listed in Bursa. There is no doubt that automotive is huge in China. No matter how huge it can be now, my guess is that you can find thousands of these automotive parts companies - perhaps tens of thousands. My suggestion is that you go to www.alibaba.com, type the word "automotive" - see how many search results you get. Hence, before you decide to invest in it, do read...

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The misconception on share repurchase

The amount of negativity I have read in some the Malaysian forums and blogs on share buybacks are to me unjustified. There are claims whenever a particular stock had a sharp drop, and when the management decided to or rather acted on the price by buying back shares, it was viewed negatively. I feel that we just have to look at the companies themselves to see whether the action is justified. To be frank, I have tried to find missteps in the behavior of some companies when comes to doing buybacks, and it was quite tough for me to find companies that...

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Chinese New Year Rally

The retailer investors had not jumped into the stock market in a big way - yet. . The situation can change in the next few weeks as the three major fears begin to recede. You can feel the heat of them warming up The first fear was the US fiscal cliff which I though it was over-hyped. The second fear was the Euroddegon but now the region is showing some signs of stabilization  The mother of Euroddegon fear Greek was turning around. The...

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Malaysia's first Islamic bond(sukuk) for retail investors

MALAYSIA'S first Islamic bond (sukuk) for retail investors, launched yesterday and expected to be listed on February 8, will have a minimum profit rate of 3.7 per cent a year.The RM300 million sukuk with a 10-year tenure was issued by DanaInfra Nasional Bhd, a unit under the Ministry of Finance, to fund the Mass Rapid Transit (MRT) project that will run between Kajang and Sungai Buloh in the Klang Valley. It was launched by Prime Minister Datuk Seri Najib Razak.The issue is part of a larger RM1.5 billion sukuk that's being sold by DanaInfra, of...

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