It’s high yielding, way cheaper than valuation and thrives in a low interest rate environment. The humble REIT (or Real Estate Investment Trust) has come a long way in Malaysia over the last four years. Since the listing of Axis REIT in August 2005, the market cap of Bursa Malaysia REITs has reached RM4.1 billion [...]
I was reading an article about Public Bank in TheStar on Tuesday. It was titled “OSK: Selldown in Public Bank overdone”. As I write this post PBBANK is trading at RM7.55, up around 50-60 sen from its recent low. Is the sell down really overdone? PBBANK has always traded at a premium to its peers. [...]
We just had a round of quarterly reporting on Bursa Malaysia recently. And one message came out loudly. Everywhere you turn, companies are saying that we are in uncertain times. It’s hard to know what earnings will look like over the next two years. It is times like this that makes us appreciate companies which [...]
