Global Stock Market Trend

High volatility in current market create a good opportunity for long term investor to accumulate good return share.

US Market :-
1) Agilent Technologies - This is one of the top growth company with strong cash flow. Current transition from TEST & MEasurement Company to Bio-Analysis Measurement company will give them better prospect in long term.

Boustead Holdings Bhd : Undervalued High Growth Stock in KLSE

Prelude To Jalan Cochrane Development?

§ Boustead formed a 50:50 JV with Ikano (owner of IKEA in ASEAN) to acquire land from LTAT for development of a shopping mall in KL.
§ Despite lack of details, we suspect the land is part of the strategically located 60 acres in Jalan Cochrane (JC).
§ The parties are joining forces again to replicate the success story of Mutiara Damansara and this could be a prelude to the long-awaited full scale development and asset injection of the JC land.
§ Recent newsflow reaffirms our positive view on the company as the anticipated catalysts for share price performance are gradually materializing.
§ Forecasts unchanged pending more details.
§ Maintain Buy.
§ Target price maintained at RM6.45 based on Gordon Growth (ROE of 13.7% and WACC of 10.5%.

First Solar shuts Malaysian plants

First Solar Inc, the largest thin-film panel maker, will cut about 30 per cent of its workforce, shutting manufacturing plants in Frankfurt, Germany and indefinitely idling four production lines in Malaysia this year because of a deteriorating European market.
The closures will result in about 2,000 job cuts, the Tempe, Arizona-based company said in a statement today. First Solar expects to pay US$245 million to US$370 million as a result of the job cuts and plant closures. Cost savings associated with the cuts will reduce manufacturing costs to 70 cents to 72 cents a watt this year, the company said.
“After a thorough analysis, it is clear the European market has deteriorated to the extent that our operations there are no longer economically sustainable,” Mike Ahearn, First Solar’s chairman and interim chief executive officer, said in the statement.
The announcement was made before the start of regular trading in New York. First Solar gained 2.9 per cent to US$21.43 at 8:30 a.m.. Before today, the shares had dropped 38 per cent this year. -- Bloomberg
Read more: First Solar shuts Malaysian plants http://www.btimes.com.my/Current_News/BTIMES/articles/20120417212022/Article/index_html#ixzz1sNG8bCpe

My Thought On Old Town Berhad

Old Town is one of most successful F&B company in Malaysia. With aggresive marketing strategy, it grow rapidly from Malaysia to Singapore, Indonesia and China.

Now, the key growth of Old Town is
1) China - Huge Population with increasing of middle class.
2) Indonesia - Booming in Indonesia Economy will benefit the F&B sector.

I expect Old Town should able to grow at least 15% for next 3-5 years. If you buy Old Town, the idea is you can hedge your ringgit currency to high growth countries's currency like China, Indonesia.

I believe that the successful of this company in Hong Kong, will enable them to grow well in China Market.

Myanmar : The Next High Growth Country in Asia - Part 1

Myanmar at a glance :
1) Area – 676,578 sq km
2) Administrative divisions – 7 divisions (Ayeyarwaddy, Bago, Magway, Mandalay, Sagaing, Tanintharyi, Yangon) and 7 states (Chin, Kachin, Kayah, Kayin, Mon, Rakhine, Shan)
3) Population – 54.58 million (est mid-2012)
4) GDP – RM50.2bn nominal (est 2011)
5) Urbanization – 34% Major ethnic groups

Bamar – 68%
Shan – 9%
Karen – 7%
Rakhine – 4%
Chinese – 3%
Indian – 2%
Mon – 2%
Religion

Buddhist – 89%
Christian – 4%
Muslim – 4%
Others – 3%
6) Major exports – Natural gas, wood products, pulses, beans, fish, rice, clothing, jade and gems Major export partners (2010)
Thailand – 38.3%
India – 20.8%
China 12.9%
Japan – 5.2%

Special Situation Pick : Old Town Berhad

Old Town Berhad - This is one of new listed company in KLSE.

Why buy Old Town Coffee Share?
- This share is considered as high potential growth company, which is currently planning to expand in China & Indonesia rapidly. With experience management team, this company should able to do it within 3-5 years.
- Asia is a high growth region. Food & Beverage industry, should grow well in this region.
- It has special taste of South East Asia's coffee. There're some chinese from China, like this coffee much. So, it should tell us some hints about their successful rate in China.
- Competitive Advantages - This is hard to duplicate its product. Let's try Nestle White Coffee pack. It's a huge difference between Nestle White Cofffee 3-in-1 and Old Town White Coffee 3-in-1.

Next Big Thing in Asia : Cambodia...

It started to draw my attention on Cambodia when i read about Casino of Cambodia in WSJ.com.


One of Great Stock to buy :-
NagaCorp Ltd. (NagaCorp) operates a hotel and entertainment complex, NagaWorld, in Phnom Penh, the capital city of Cambodia. The Company has two segments: casino operations, and hotel and entertainment operations. The casino operations include all gaming activities at NagaWorld. The hotel and entertainment operations include the operations of leisure, hotel and entertainment activities. As of December 31, 2010, its casino complex, NagaWorld had hotel and entertainment facilities with a 506- room hotel, 12 food and beverage outlets, a nightclub, karaoke lounge and spa. NagaWorld’s facilities include 25,000 square meters of meeting and ballroom space; 6,500 square-meter ballroom; a 60-seat auditorium, and exhibition space. As of December 31, 2010, the number of slot stations was 1,032. During the year ended December 31, 2010, there were approximately 7,928 junket players, who visited its casino. In 2010, hotel and entertainment operations represented the non-gaming revenue in NagaWorld.


Where to buy:-
Hong Kong Stock Exchange.
 
Company Website
http://www.nagacorp.com/