Friday, November 13, 2009

Citibank Group - Worst Is Over?

A lot research & articles are written daily about C. If you want to see the details of C's various business, the information in available in abundance. C is expected to post its second consecutive annual loss in 2009, it should return to profitability in 2010.

Contrarian Strategy :-
Overweight US financial sector, underweight Malaysia/HK financial sector. Add Holding in C to 15% of total porfolio. Top pick. "Remember, EPI centre is in US, not Msia/HK/Indonesia."  I bet on CITI's brand name, attractive valuation and global economic recovery (China/Australia/Indonesia).

Expect Next Quarter, most companies will improve its business revenue.

Period : Long Term 5 years

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