Market Watch

Dr. Michael A. Yoshikami, Founder and CEO of Destination Wealth Management in San Francisco, California, discusses the following questions:  - It’s a heavy week for data in the US this week with the Fed releasing its rate decision tomorrow (UST). The fed funds target is expected to stay at 0-0.25%...Do you think we’ll get any commentary from Bernanke on the key issue on investors&...

Lee Cheng Hooi, Head of Retail Research at Maybank Investment Bank discusses weakness on the KLCI ahead of FOMC meeting and Hari Raya season. He has three sell calls - Sunway REIT, Unisem and Perisai Petroleum.  BFM's Khoo Hsien Chun speaks with him.  See omnystudio.com/listener for privacy information.

Joe Quinlan, MD and Chief Market Strategist at US Trust-Bank of America Private Wealth Management in New York, discusses the following issues: - US GDP figures will be announced on 30th July and consensus estimates are at 1.1%(real GDP) down from prior figure of 1.8%. This is quite a big fall from earlier expectations.. And these declines are coming from personal consumption. Your view? ...

Bernard Ching, Head of Alliance Research discusses small and mid-cap stocks: - how they've performed vs KLCI, which has surged past 1,800 lately.  - small cap stocks have seen some  profit taking of late. Still as optimistic? - how IHH, KPJ,  Hartalega and Kossan have performed so far - health stocks and industrial stocks in the mid-cap space were cited as areas that EPF could be ke...

Tan Chin Poh, Head of Retail Research at Maybank Kim Eng Singapore talks about:  - implications of divergent monetary policies: US and China have been tightening, while eurozone and Japan have looser policies. - Q2 earnings season began in Singapore last week, with REITs reporting results so far. How performance matched up against expectations. - lots of results out this week, including UOB,...

Benny Lee, Chief Market Strategist of Jupiter Securities about KLCI. He discusses:  - KLCI soaring past 1,800, likelihood of positive momentum continuing  - stocks in the news: movie-themed developments      - Genting Msia: theme park revamp by 20th Century Fox, slated to open in 2016       - Power Root: from drinks to movies via jv with GSC, among...

Samuel Yin, analyst at Maybank IB Research talks about Genting Malaysia's tie-up with 20th Century Fox studios:  - previous park in Sydney which closed after two years - competing with Universal Studios - fierce competition from other parks - Kidzania and other attractions - cost of maintaining and recovering cost of developing rides  - non-gaming activities contribute less than 10% to g...

On International Market Watch today   Dodge O. Dorland, Chairman and Chief Investment Officer of Landor & Fuest Capital Managers in New York discusses: - JP Morgan Chase's plans to divest of physical commodities business and the impact on financial stocks - predictions of where the S&P 500 will be by the year end - earnings multiples on the S&P 500 - the Federal Reserve meeting la...

Loong Kok Wen, RHB Research analyst talks about Tambun Indah Land: -  Tambun Indah is buying a minority stake in Pearl City from Nadayu Properties (Not rated, NPB MK). Using a proposed private placement to partially fund this. Tell us more about Pearl City, what stage of development is it at?  - sales forecast raised to RM500m on the back of launches such as Straits Garden and Pearl Aven...

John Cheong, Investment Analyst at Maybank Kim Eng, Singapore talks about:  - interesting trends in investment flows by industry in Asia ex-Japan          - Maybank Kim Eng's Head of Research in Vietnam, Michael Kokalari says that he expects Vietnam to capture foreign fund flows from the relatively expensive TIPM markets - any evidence of that? - Bursa Malaysia has be...

On International Market Watch  Mikio Kumada, Executive Director at LGT Capital Partners in Hong Kong discusses: - China's mini stimulus and effects on GDP - expectations of large scale stimulus wishful thinking? - Japan's mergers and acquisitions in Southeast Asia - whether a weak yen will have any impact on the drive by Japanese corporates to expand overseas - Mr Shinzo Abe's likelihood to s...

On International Market Watch today  Ben LeBrun, Market Analyst at Options Express in Sydney discusses: - the primary driver behind the Aussie dollar - interest rate outlook - resource stocks driving markets to a two-month high - knock on effects from slowing mining industry on hiring and wages in other sectors - what sectors can Australia turn to in its time of need - increasing short positi...

Ng Sem Guan, RHB Research analyst talks about Kinsteel. The stock has seen a lot of interest because of Kinsteel’s latest mining agreement with the Sultan of Pahang to undertake iron ore mining in Kuala Lipis in Pahang. He recently upgraded the stock from Neutral to Trading buy at 43 sen. He discussed:  - any guesstimates at this point?  - it's been making losses since 2010. So, on...

We discuss BAT and KPJ Healthcare's warrants in this week's episode of Wednesday Warrants.  See omnystudio.com/listener for privacy information.

Lee Cheng Hooi, Head of Retail Research at Maybank Investment Bank talks about KLCI's new all time closing high, and the likelihood of further upside.  He also discusses three stocks he has technical buy calls on: Cuscapi, Tiong Nam Logistics and Spritzer. All three have hit 52-week highs this week.  He explains how the triple timeframe system works as well.   BFM's Khoo Hsien Chun...

Dr. Michael A. Yoshikami, Founder and CEO of Destination Wealth Management in San Francisco, California, discusses the following questions:  - McDonald’s 2Q earnings and revenue fell short of expectations, suggesting Americans still aren’t yet comfortable spending + eating away from home -- these results do appear contrary to better data on retail sales and employment in the US?&n...

Suresh Ramanathan Head of Regional Rates and Forex at CIMB Group talks about what the implications from Japan's PM Shinzo Abe's win are for the yen, and rm vs usd, after alternating between bulls and bears for the past five weeks.  He also talks about the best trade in the fx space.  See omnystudio.com/listener for privacy information.

Joe Quinlan, MD and Chief Market Strategist at US Trust-Bank of America Private Wealth Management in New York, discusses the following questions: - A good result for Japan's Shinzo Abe in Japan’s Upper House Election and therefore markets too. The LDP-Komeito alliance strength is boosted to 55.8% - is this enough of a victory margin to rapidly execute bills?  - Though not enough to revi...

Edward Fung, Head of Investment Advisory at Maybank Kim Eng, Hong Kong discusses Hutchison Whampoa possibly exiting ParknShop. He talks about:  - why else would Hutchisons Whampoa want to exit Park n Shop, aside from wanting to raise cash after striking several acquisitions, and not much room to grow in a maturing market?  - China Resources has been fingered as a potential suitor - what&...

Benny Lee, Chief Market Strategist at Jupiter Securities talks about KLCI:  - broader market hit 1,801 early Monday morning, so to rise further or consolidate this week - charts for stocks in the news:    - Digi with Q2 results   - laggard defensives Axiata and Maxis   - TNB, which released upbeat third quarter earnings last Thursday   - LBS Bina G...

Tan Chi Wei, analyst at Maybank Investment Bank discusses Digi Q2 results:  - Digi’s 1H13 net profit vs Maybank's expectations  - LTE services intro’d in July so not captured yet - should bode well for next quarter? Digi’s LTE services are priced at a premium, while its coverage lags its rivals. - Digi expects data to drive growth i.e. mobile internet and broadband busi...

On International Market Watch today Dodge O. Dorland, Chairman and Chief Investment Officer of Landor & Fuest Capital Managers in New York discusses: - the slowdown in the IT sector in the US - Microsoft and Apple earnings - regulated banks trading in physical commodities - the Fed's likely position on allowing banks to continue physical trading - what to expect from the various sectors and ma...

Kong Heng Siong, RHB Research analyst talks about TNB’s Q3 results:  - 9M13 core net profit beat 95% of the consensus number - including yours?  - Sustained weakness in coal prices have further lifted TNB's result... What's your outlook for coal? - Assumption for interest rates, since TNB quite debt heavy.  - about a third of borrowings in foreign currency - yen and USD. forex...

Tan Chi Wei, analyst at Maybank IB Research discusses Time dotCom:  - In simple terms, what does TDC actually do? And how does it make $$? - update on regional expansion, TIME dotCom has interests in Thailand, Indonesia, the Philippines, Vietnam and Singapore - other telcos are in these markets already - somewhat late in the game?  - it’s also in a net cash position of RM217.4m. Li...

On International Market Watch Mikio Kumada, Executive Director at LGT Capital Partners in Hong Kong discusses: - the difference  between reducing asset purchases and providing accommodative monetary policy - whether markets really understand what the Fed is saying - American economic bell weathers missing revenue targets - whether the BOE will start to be tasked with economic growth - unortho...