Chart: WTIC's weekly chart as at April 20, 2016 (Source: Stockcharts.com)
I will give here a snippet of a few research houses' preferred stocks for this sector (as reported in January to February) for your own selection:
(Areca) Wong’s bets on energy shares may already be starting to pay off. Both SapuraKencana and Malaysia Marine & Heavy Engineering Holdings Bhd. have rallied 16 percent in the past month, while UMW Oil & Gas has gained 10 percent. For more, go here.
AmResearch has a “buy” calls are for MISC, Dialog Group, Yinson Holdings and SapuraKencana Petroleum, while “hold” calls are for Alam Maritim Resources, Bumi Armada, MMHE, Petronas Gas and UMW Oil & Gas. For more, go here.
CIMB Research recommend investors to be selective. Bumi Armada is its top pick for the big caps in the upstream segment, while Uzma is its top pick for the small caps in the upstream segment. Dialog is its preferred pick in the midstream and downstream segment. For more, go here.
All the best to your stock selection!
1 comment:
Let's all be gentlemen.
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