Monday, 20 February 2017

Bursa Malaysia Stock Tips

 Bursa Malaysia Stock Tips

MarketWatch: US stock financial specialists may look to a large group of results from shopper confronting organizations including Wal-Mart Stores Inc this week for signs on whether the current market rally has more space to run. - Reuters 

Beat remote stories 

Kraft pulls back US$143b offer to converge with Unilever: US nourishment organization Kraft Heinz Co pulled back its proposition for a US$143 billion merger with bigger adversary Unilever Plc, the organizations said on Sunday, bringing up issues about whether Kraft could turn its concentration to another objective. - Reuters 

Survey: Japan Inc signals lift to household capex yet less enthused about the US: 33% of Japanese firms are hoping to lift business speculation at home in the following money related year, however organizations are less bullish about capital spending in the United States because of vulnerability over the Trump organization's arrangements, a Reuters survey appeared. SoftBank willing to surrender control of Sprint to tempt T-Mobile: Japan's SoftBank Group Corp is set up to surrender control of Sprint Corp to Deutsche Telekom AG's T-Mobile US Inc to secure a merger of the two US remote transporters, as per individuals acquainted with the matter. - Reuters 

Inbound China M&A takes off on customer guarantee: Overseas acquisitions by Chinese purchasers are cooling following two record years as Beijing reins in capital surges, however bargains into China are on the ascent, and new standards will make it less demanding for remote purchasers to tap China's monster shopper potential. Inbound M&A bargains have as of now achieved US$7.1 billion so far in 2017 and are well on track to beat the 2016 aggregate of US$46 billion, while outbound arrangements tumbled over 40% to US$8.4 billion, Thomson Reuters information appeared.

Our Recommendation for KLSE investors

  1. ARMADA
  2. DNEX
  3. MPAY
  4. IWCITY
  5. SEDANIA

KLSE INTRADAY SIGNALS: BUY MPAY AT 0.235 TARGET 0.245, 0.255 SL 0.220 

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