FROM THE SECTOR AND INDUSTRY PERSPECTIVE

AFTER BUDGET 2011.[15.10.10]
=================
SECTORS TO WATCH.
=================
1.PROPERTY=LESS RM3,000 ENTITLE FOR 100% LOAN
2.CONSUMER FASHION =NO TAX ON BRANDED GOODS
3.CONSUMER AUTO=NO TAX FOR DISABLED BUYING NATIONAL CAR
4.CONSUMER FOOD=TAX INCREMENT ON RESTAURANT
5.CONSTRUCTION=NEW 100 STOREY TOWER
6.FINANCE=NEW PENSION FUND BY GOVT.

NSTP=17.7.10

==========

CONSUMER DRIVEN STOCKS TO BE THE NEW SOURCE OF GROWTH.

MALAYSIA IS BECOMING A PUBLIC CONSUMPTION DRIVEN ECONOMY.HAVING A

YOUNG POPULATION,FOOD AND BEVERAGE,RETAIL AND SERVICES SECTOR OR

DOMESTIC CONSUMER AND RETAIL AND SERVICES ARE THE NEW ENGINE OF

GROWTH.CURRENTLY,IT CONTRIBUTES 33% OF MALAYSIA GDP-MIMB INVESTMENT

THESTAR=MON.28.6.10

========

GOVT.OWN PRIVATE EQUITY ARM,EQUINAS TO INVEST RM5 BILLION IN NEXT 5 YEARS IN

1]EDUCATION

2]OIL N GAS

3]FAST MOVING CONSUMER GOODS

4]HEALTHCARE.MEDICAL N HEALTHCARE EQUIPMENT.

5]RETAIL N LEISURE

6]SERVICES

NOTE.EPF.PNB.LTAT.LTH.AMANAHRAYA TRUSTEE FOR SKIM AMANAH SAHAM

AND OTHER GOVT.BACKED FUNDS.

[MAPSSCOM SAYS=FOLLOW THEIR LEADS FOR FUTURE INVESTMENT]

THESTAR=FRI.25.6.10

==========

FIRST PHASE OF KL LRT[RM7B] TO START IN NOV.2010 AND ENDS IN 3 YRS.

17 PRE QUALIFIEN MAIN CONTRACTORS N 15 SUB CON HAS BEEN IDENTIFIED.

REF.WWW.PRASARANA.COM.MY FOR FULL LIST OF MAIN N SUB CON.

THEEDGE.OSK RESEARCH=THU.24.6.10

========

NEUTRAL ON STEEL SECTOR FOR 2010

THEEDGE=THU.24.6.10

========

EXCITING PROSPECT FOR POWER SECTOR.

THE STAR=WED.23.6.10

========

STEEL SECTOR REVISED DOWNGRADE BY MISIF[MALAYSIAN IRON N STEEL IND.FED]

FROM 12% TO 5%.QUARTERLY IRON ORE PRICE INCREASED RESULTING IN

HIGHER STEEL SUPPLY AGAINST LOWER DEMAND.ALSO,RISING COST DUE

SUBSIDY REMOVAL.EXTERNALLY,PIIGS SOVEREIGN DEBT PROBLEM.

THEEDGE.OSK RESEARCH.=WED23.6.10

=======

OVERWEIGHT ON CONSUMER SECTOR.THE EXPECTED REMOVAL OF SUBSIDY ON

SUGAR AND FLOUR,PRICES OF THESE ITEMS WOULD GRADUALLY INCREASED.

ALSO,FOOD AND BEVERAGES STOCK WOULD LIKELY PROFIT MORE.

THEEDGE.WED.23.6.10

=========

DEMAND FOR RUBBER GLOVE STILL AHEAD OF SUPPLY.HIGH LATEX PRICES IS NOT

A MAJOR CONCERNED.ALSO.THE RISE OR FALL OF THE RINGGIT IS ALSO NOT A WORRY .

THEEDGE.TUE.22.6.10

========

WINNERS OF A STRONG RINGGIT.ESTIMATE AT RM3.05=1 USD.

AUTO INDUSTRY.CHEAPER IMPORT PARTS.CONSUMER GOODS MANUFACTURER THAT IMPORTS RAW MATERIAL.STOCKS THAT BORROWS AND BUY IN USD.

THE PRINT MEDIA SECTOR WHERE NEWSPRINT COST ARE DENOMINATED IN USD.

THE STEELMAKERS WOULD ALSO BENEFIT DUE SELLING PRICE AND COST OF RAW

MATERIAL[IRON ORE] ARE IN USD.THE STOCK MARKET AS INFLOW OF FOREIGN FUNDS.

LOSERS WOULD BE ELECTRONICS AND ELECTRICAL MAKERS DUE EXPENSIVE

EXPORTS.RUBBER GLOVES,PLANTATION SECTOR AS CRUDE PALM OIL ARE

DENOMINATED IN RINGGIT[SOYOIL IS IN USD]

THEEDGE.CIMB RESEARCH.=TUE.22.6.10

========

OVERWEIGHT ON RUBBER GLOVE SECTOR.STRONG DEMAND FOR MEDICAL GLOVES IN EMERGING COUNTRIES.

THEEDGE.TUE.22.6.10

========

TECHNOLOGY AND SEMI CONDUCTOR STOCKS UPGRADE DUE AMBITIOUS

US SEMI CONDUCTOR IND.ASSO[SIA] TO DOUBLE US SEMI CON.EXPORTS BY 2014.

ALSO,DUE TO STRONG RINGGIT.

THEEDGE.CIMB RESEARCH.=MON.21.6.10

========

STRONG RINGGIT ESTIMATES TO RM3.05=USD1.00 BY END2010.

THENSTP=SAT.19.6.10

========

MORGAN STANLEY UPGRADES MALAYSIA TO OVERWEIGHT

THEEDGE.FRI.18.6.10.

=========

VEHICLES SALES UP BY16% IN MAY AND MAA[MALAYSIAN AUTO ASSO]IS POSITIVE ON INCREASED JUNE SALES FIGURES.

THEEDGE.MON.14.6.10

========

DOWNGRADING OF OIL AND GAS SECTOR BY RHB RESEARCH INSTITUTE.

FROM OVERWEIGHT TO NEUTRAL.

THEEDGE.MON.14.6.10.

========

GLOBAL CHIP SALES TO GROW IN 2010.