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7 Interesting Stock Ideas for May [MY]
By SmallCapAsia  •  May 18, 2022
One of the biggest news from Malaysia was that from 1st May onwards, visitors do not have to take PCR/ART test prior to arrival. This was a big signal that shows Malaysia is ready to live with the virus and treat it as endemic. The willingness for an open country is a huge boost for the economy. We have identified 7 stocks that are likely to be boosted by this measure. Stock Idea #1 Tasco RHB has maintained its Buy rating on the stock with a target price of MYR 2.03. The fantastic results and the reopening of borders are likely to drive more growth for the company. “TASCO beat expectations, recording yet another set of record-high numbers in 4QFY22 (Mar) on stronger performances from its international business (IBS). We remain optimistic on its growth prospects, driven by positive throughput in the face of a broader economic reopening and contributions...
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By SmallCapAsia
Our slogan is simple: Start Small, Win Big! What does it mean? Simply put, we want you to invest your small pockets of money and eventually have them balloon into hoards of cash in the long run – so that you can live your dream lifestyle and most importantly, retire comfortably without having to worry for another day.
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