CS Expects Bank Negara to Raise Rates 1Q18

It looks like our interest rates will raise again following the US and this time, the sentiment shows positive results than before.

Consumer inflation from fuel prices had already turn into something that we can’t get away from and MYR had strengthened once again. Although we are indifferent than was it was a year ago, the consuming index continues to improve.

A simpler way to put this “Life goes on…”

Take a look at the report from Credit Suisse

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CS Recommends Buying Malaysia

The underperform rating on Malaysia had already been taken off and now its a neutral recommendation for Malaysia.

Well that’s common case for most investment banks to be a step behind the action… The best is to digest the data and given and take contrary thoughts on the recommendation by these research houses.

That will save you a lot on chasing the market!

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Credit Suisse on Karex Berhad

This report touches on how Ansell which Karex contracts from is mulling the sale of its condom unit. The ambition of Karex to build its own brand name might be propelled forward with the acquisition of Ansell’s ‘Lifestyles’ brand where it holds 14% of global market share.

But the problem is the price tag where the valuations stands somewhere around US$ 1 billion which far exceeds the market cap of Karex. Since that’s the case the acquisition might not be possible after all which leads to another problem.

Depending on who acquires the rights to ‘Lifestyles’, the operations might change and that would directly affect Karex’s operations.

See the link below for the report.

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