Stock Idea #1 Kellington Group
RHB has maintained its Buy rating on the stock with a target price of MYR 1.71. The healthy orderbook drives the analyst’s positive valuation of the company. “Healthy tenderbook tempers slowdown concerns. While recent media reports have painted a more cautious outlook on the semiconductor industry, KGB views this as an “inventory adjustment” phase with robust tender activities still....The theme in the past few weeks was raising interest rates to curb inflation. Even the usual dovish EU has raised its rates by an unprecedented 75 basis points to curb inflation.
In Asia, we fare relatively better in terms of managing the inflation given that our oil supplies are in-tact. Coupled with the opening of borders, Malaysia has become an interesting ground for investors to look for gems to invest in.
Here are 7 top Malaysia Stocks in September that you should take note of.