Market Watch

Business trusts have been in the news of late, with Berjaya Sports Toto setting up one in Singapore, so we examine: - what are business trusts - what sort of businesses are best suited to this structure - advantages of business trusts - corporate governance issues to look out for See omnystudio.com/listener for privacy information.

Mikio Kumada, Global Strategist at LGT Capital Management in Singapore discusses: -- his thoughts on Fed Reserve Chairman Ben Bernanke's testimony before a congressional committee, and the chances of QE3 at this point in time -- the market talk that financial aid will be given to recapitalise the Spanish banking system and what the aid will mean for the next leg of the crisis? -- THE MOST IMPORTAN...

Rahul Bajoria, Economist at Barclays Capital, Singapore talks about what may be the world's largest IPO since Facebook's - Felda Global Ventures Holdings. He discusses:  - quite a few high profile IPOs have been scrapped - Graff Diamonds, Formula One, Nonferrous Mining and China Yongda Automobiles Services, yet we're braving the macroeconomic environment - wise move?  - crude palm o...

Today on Market Watch, we have Dr. Michael A. Yoshikami, the Founder & CEO at Destination Wealth Management in San Francisco. He discusses: -- The G-7's emergency talks to discuss the Eurozone crisis and his thoughts on the outcome of the G7 talks (or the lack thereof...) -- How far this will go to sooth investors' nerves -- How all parties need to work together: Germany relaxing its stance on...

Considering disappointing 1Q2012 results overall, UOB Kay Hian Malaysia’s Head of Research Vincent Khoo talked about top choices for shelter from dismal market conditions:  - fav plantation stocks - Sime Darby, Tradewinds and why - prices of consumer stocks have climbed - Nestle, Dutch Lady, Padini, so why he'd rather GAB  - rebound candidates such as Gamuda, IJM and UEM...

Today on Market Watch, Joe Quinlan, the MD and Chief Market Strategist at US Trust-Bank of America Private Wealth Management in New York, discussing: --  George Soros' warning that EU leaders they have a "three-month window" to address the financial crisis before markets stop giving it time. --  The need for some sort of intervention from the ECB – more so now than ever. But lookin...

Benny Lee, Chief Market Strategist at Jupiter Securities tells us why he expects a bearish market this week, trading between 1,565 and 1540. - Talks about how he's using KLCI Futures during these uncertain times, and reveals mistakes he's made while doing so. - Also tells us why he's not too keen on telco stocks for now despite strong quarterly results from Telekom Malaysia and Maxis late last wee...

Today on Market Watch, Dodge O. Dorland, the Chairman and Chief Investment Officer of Landor & Fuest Capital Managers, discusses: -- How the US jobs numbers and the unemployment rate took him by surprise, and his read on the current economic climate in the US -- How the jobs numbers have resurrected QE3 talk again and if Dodge thinks it is enough to spur the Fed into a...

Robert Prior Wandesforde, Director of Asian Economics Research at Credit Suisse Singapore talked about - how deep a recession Malaysia could face in the event of a Greek exit from the Eurozone - details of ripple effects, affected sectors  - flashpoints - whether trade with China and the rest of ASEAN would be sufficient to make up for the shortfall See omnystudio.com/listener for privacy inf...

On Market Watch, Tim Mulholland, Managing Partner of China-America Capital and Associate of Sweet Futures in Chicago, discusses: --  If a 'No' vote in Ireland on whether to ratify the EU's fiscal pact will make a difference --  The EC has called for a creation of a banking union, which has been backed by ECB President Mario Draghi. Is a European banking union a feasible option right now?...

TM's 1st quarter net profit jumped 54% to RM250.6m, in line with street expectations.  OSK Research analyst Jeffrey Tan talked about - its top contributor to overall revenue,  - net dividend yield, PE ratio and EV/EBITDA for TM vs other telcos under coverage - how much further to TM's target of 400,000 UniFi subscribers for 2012  - expectations for Maxis' quarterly results, due toda...

Ben LeBrun, Market Analyst and Commentator at Options Express in Sydney, discusses: - Bleak outlook - stocks: Madrid’s Bankia plan - shot down by ECB - Beijing downplaying stimulus plans - June - outlook; - Spain: frustration - Rajoy government - handling - crisis - creditworthiness concerns; - Graff diamonds - IPO - scrapped - Equities market - sentiment; - Scramble for safety; - Ruchir Sha...

Destination Wealth Management Dr. Michael A. Yoshikami, Founder & CEO at Destination Wealth Management in San Francisco, discusses: - Disconnect - Europe predicament versus US outlook improving - Europe problems - global markets - ransom; - June: US jobless claims - consumer confidence - - Greek elections - China PMI - outlook; - China stem serious fallout - accelerating bank lending; - Spain...

Padini Holdings is due to release its quarterly results later today. Ian Wan, analyst at Alliance Research is resolutely bullish on this stock with a BUY call at RM1.85. Stock is currently hovering at the RM1.80 level. We discussed: - robust results expected today, considering this quarter includes the CNY period - affordable style captures consumers' hearts  - risk factors to watch out for&n...

Alex Lu, NextTrade blogger discussed - DSC Solutions, the most actively traded counter on Monday morning - Mah Sing and Boustead, which edged up yesterday on positive Q1 results  - what looks attractive after recent decline - impact of Invest Malaysia on the KLCI - 3 contrarian trading ideas he's pursuing, and rationale behind it  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: - Vacillating equities - - election polls - Greece - outlook; - Whether stock markets 'a derivative of the Greek polls - Greek election outcome - exit surety - implications; - Contagion - Spanish banking crisis - bailout - next leg of the crisis. See omnystudio.com/listener for...

Today on Market Watch we speak to Dodge O. Dorland, Chairman and Chief Investment Officer of Landor & Fuest Capital Managers. He discusses: -- How he sees the next few weeks playing out, in the lead up to the Greek elections on June 17th -- If a European banking union the best course of action to contain the bank runs in Greece and other peripheral countries like Portugal and Spain -...

Multi-Purpose Holdings' plan to decouple its gaming and non-gaming assets will transform it into a pure gaming company that offers one of the higher dividend yields in the market. Kenanga Research analyst Teh Kian Yeong talks about possible drawbacks to the plan, SPV Capital listing and his preference - MPHB vs Berjaya Sports Toto.  He has an Outperform call on MPHB at RM3.72.  See omnys...

Today on Market Watch, we speak to Tim Mulholland, the Managing Partner of China-America Capital and Associate of Sweet Futures in Chicago. He discusses his thoughts on: -- The deadlock in summit talks, which yet again failed to come up with concrete decisions on how to tackle the crisis. French President Francois Hollande is pushing for the creation of Eurobonds but Germany says it will...

Ben LeBrun, Market Analyst and Commentator at Options Express in Sydney, discusses: Germany - 4.6 billion euros - two-year bonds - zero percent coupon - yielding just 0.07 percent - making sense - giving German free money; - Markets - hostage - EU summit; - Expectations - developments - measures growth - austerity pledge; - Euro bond - addressing Europe’s problems; - Germany's objections to...

New models are expected to boost auto sales in May. Still, top line growth seems muted. Alexander Chia, analyst at RHB Research discusses this and more: - costs of steel, plastics and energy in the short term - forecasts for forex trends, especially for the yen - low expectations of NAP revisions - why UMW is his top pick for the auto sector See omnystudio.com/listener for privacy information.

Peter Esho, Chief Market Analyst at City Index in Sydney discusses: -- if Greece is going down the path of an exit from the monetary union -- if there's a possibility of a return to the Drachma -- What the implications of this will be for the rest of the monetary union -- if Asia is somewhat insulated from all the drama -- And just how much China's promise to bolster economic growth will this infl...

Boustead Holdings is privatising cement and construction product maker UAC for RM4.30 per share (cash offer RM3.30 per share and RM1 dividend). Should minority shareholders accept? TA Research analyst Foo Chuan Loong discusses this, the timing and price of the offer. He also talks about synergy for Boustead and how earnings accretive this move is.  See omnystudio.com/listener for privacy info...

Benny Lee, Chief Market Strategist at Jupiter Securities sees KLCI at 1,520-1,560 this week. Holding cash still preferable though all major currencies in Asia ex Japan have depreciated sharply against a strong USD in recent weeks. Despite the dreary market outlook, he tells us why he's taking a closer look at Air Asia and SapuraKencana Petroleum.  See omnystudio.com/listener for privacy infor...

Dodge O. Dorland, Chairman and Chief Investment Officer of Landor & Fuest Capital Managers, discusses: - World leaders backing Greece’s continued presence in the euro zone - whether expect short-term bounce; - Whether advocates selling into this bounce; - Iranian Economy Minister Shamseddin Hosseini - oil prices might go as high as $160 per barrel if European Union proceeds with July 1 e...