Saturday, January 21, 2012

US Porfolio : Top pick in 2012 - Bank of America - The winner of 2012


2011                                                Stock-Price Change

Wells Fargo (NYSE: WFC )            -11.1%

JPMorgan Chase (NYSE: JPM )      -21.6%

Citigroup (NYSE: C )                       -44.4%

Morgan Stanley                                -44.4%

Goldman Sachs                                 -46.2%

Bank of America (NYSE: BAC )      -58.3%

(Source: S&P Capital IQ.)

Bank                                       Price-to-Book Ratio
Wells Fargo                                        1.2

JPMorgan Chase                                 0.8

Citigroup                                             0.5

Morgan Stanley                                   0.6

Goldman Sachs                                   0.8

Bank of America                                 0.3

High risk, high return. Due to uncertainty, the US banks share is undervalued. Buy when others fearful !

Special Situation Porfolio (US) in 2012 :
Bank of America

We're betting on banking sector recovery in US.


Monday, January 16, 2012

Genting Bhd : Dare to Expand !

THE odds have turned to Genting Malaysia Bhd's favour to build a US$3.8bil (RM11.4bil) casino and hotel complex in Florida after a state Senate committee voted to allow the proposal to be debated by the state's lawmakers, analysts said.