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ETF in Malaysia

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What are the ETF in Malaysia? Source:  http://www.bursamalaysia.com/market/securities/equities/products/exchange-traded-funds-etfs/# In Malaysia, there are only 11 ETF. ETF is still not very popular compared with other country like United States. As of March 2019, there are more than 5,000 exchange traded products (ETPs) trading in the U.S. For investor who don't have time to carry out in-dept analysis of a stock, ETF probably is the best way to invest. In the long term, investor will surely gain profit from ETF without carry out proper research on stock. The reason is, ETF's portfolio is always follow the index's portfolio. For example, the portfolio in FBMKLCI-ETF (0820 EA) is constitute of FBMKLCI 30 constituents companies. The constituent companies in FBMKLCI will always change according to its representation and market value. This means that there are only strong companies can become one of FBMKLCI 30 constituents companies. The weak

PCCS Group Berhad (6068)

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Principal Acitivity Engaged primarily in the manufacture and marketing of apparels. It offers a range of adult and children apparels, including jackets, tracksuits, blouses, polo-shirts, and winter clothing. Shareholding PCCS's approximate 56% of shares are owned by directors owned company. This is a good sign as directors will show more commitment to the company. Surprisingly, the third largest shareholder is one of the famous investor in Malaysia, Koon Yew Yin.  Financial Statement Analysis Good Balance Sheet PCCS's borrowings has been reducing for the past 3 years. Its net operating cash and current ratio has also improved. Revenue The Group’s revenue decreased by 17.11% mainly due to the significant decrease in orders received by the Group’s manufacturing plants in the PRC(People's Republic of China). Pre-tax Profit However, its pretax profit has increased by 161.86% which mainly due to increase in other income by RM7M (m

Corporate Activity: Right Issue

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What is Right Issue? Rights issue is yet another way using which companies raise additional capital from the public. In a rights issue, the company offering these rights gives its existing shareholders a right to buy new shares of the company at a discount from its current market price at a specified future date. The right works just like an option, so the investor getting the right can choose to exercise it or not. Impact of Right Issue on Share Price I believe that investors are concerning on how right issue will impact share price. Here we go. I have extract the data for right issue that occur for the past one year. The result is within my expectation. Market: KLSE Period: May 2018 - Aug 2019 Comparison of share price from the date of announcement to 1 day before entitlement date Among 29 samples that I selected, 18 of the stocks shows negative return. 2 stocks has no movement and only 8 stocks shows positive return. The average return for this 29 stocks is