Malaysia’s Q3 Earnings Season
What are your expectations for the Q3 earnings in Malaysia's market?
My expectations for Malaysia's Q3 earnings outlook varies across sectors and companies. Some show robust growth, like $EPICON(4847.MY$ with a remarkable 2,323.61% QoQ and 6,229.13% YoY EPS surge, while others, like $DESTINI(7212.MY$ , suffered significant declines of -492.44% QoQ and -323.74% YoY.
Overall, the market's annual earnings growth of 14% over 3 years is impressive, yet the ongoing pandemic and other challenges cast uncertainty.
Which sectors or stocks are you watching closely this season?
I’m watching closely at sectors linked to economic recovery - tourism, hospitality, entertainment, construction, and consumer goods. These areas endured hardships due to lockdowns but might benefit from easing measures and vaccinations. Companies like $GENTING(3182.MY$ , $GENM(4715.MY$ , $PARKSON(5657.MY$ , $SUNCON(5263.MY$ , and $FOCUSP(0157.MY$ in these sectors intrigue me.
Also, I'm keen on glove makers like $SUPERMX(7106.MY$ and $CAREPLS(0163.MY$ , though they might face tougher competition as global glove demand normalizes.
How might the Q3 results shape your investment strategy for the next quarter?
Q3 results may shape my investment plans for the next quarter, showing sector’s strengths, weaknesses, and opportunities. I will evaluate a stock based on earnings, value, and future outlooks. At the same time, I’ll consider interest rates, inflation, exchange rates, and politics as a guide.
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