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Sunday, September 18, 2016

List of Export counters due to Strong US Dollar

Don't play play, now is almost RM4.20.

Below are the list of export oriented stocks. They will make more profit when the USD is up.

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I'm not saying that now is the time to buy export counters. Sharing of info only. By the way, I don't gain by sharing info, and always receive criticism. People will leave some nasty comments in my blog and facebook. Is like eating nice durian, hope others can enjoy. I'll be glad if my sharing can help others. If you think my method is wrong or need to be improved, why don't you guide me. I'm also still learning.

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If you buy USD, USD up 1%, you make 1%. Some of the stocks below if USD up 1%, their profit could up 1.5% or some companies 2%. So, if you want to benefit from USD or hedge against USD, you may consider stocks that can gain at least 1% or more from 1% up of USD.
But some companies also will make less than 1% if USD up 1%.

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It is also better to look for companies with good prospect, high dividend yield, high target price or fair value. In case the USD does not go up, at least the stock also can go up due to higher profit or receive good dividend.
People said avoid stocks with no prospect. They may gain from USD, but profit may down due to much lower sales.


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The list below are 12 months ago, but most are still valid. Do your own research. Their share prices are the latest and target prices are quite recent. The target price I roughly average it if got few brokers. If I didn't indicate any target price means unable to find.

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Some are not export stocks, but are benefited from strong USD or weakening of Ringgit (example strong Yen or Euro). They may have operations in overseas.

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I also list those have negative impact from weakening of Ringgit.

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Once again, sharing of information only, I may have typo or the info may be outdated. Check with your finacial planner.

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The target price or fair value are BEFORE the straightening of USD to near RM4.20 now (RM4.15??). If USD up, the Target Price later will also be up.

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I also list down those are negatively impacted by weakening of Ringgit. Don't mix up. DO NOT MIX UP.

POSITIVE from weakening of Ringgit:
Eversendai share price RM0.47, target price RM0.65

Rubber product manufacturers, semiconductor firms and furniture producers, because their costs are mainly in Ringgit while sales are mainly in USD.

RUBBER
Top Glove RM4.69, TP RM5.50
Supermax RM2.15, TP RM2.60
Hartalega RM4.40, TP RM4.30
Kossan RM6.25, TP RM7.50
Karex RM2.40, TP RM2.31

Furniture and Wood Related.
Homeritz share price RM0.885, Target Price RM1.09
Evergreen share price RM0.92, Target price RM1.48
Heavea RM1.25
JTIASA RM1.22
TAANN RM3.51, TP RM5.00
Latitud RM4.64, TP RM5.15
SHH RM1.77
LIIHEN RM2.93


Semiconductor or IT RELATED
Vitrox RM3.83, TP RM3.70
Last year Maybank said 1% USD up, Vitrox bottomline up 2%.
INARI, RM3.31, TP RM3.30
UNISEM RM2.70, TP RM2.85
UCHI TECH RM1.65
MPI RM7.93, TP RM8.48
EG RM0.84, TP RM1.02

Gaming.
Because some of the operations are in overseas.
GenM RM4.37, TP RM4.50
GenM family Genting RM7.76, TP RM9.15

Packaging
Daibochi  RM2.25, TP RM2.14
Tomypak RM1.66, TP RM2.00
Thong Guan TGUAN  RM4.28, TP RM4.88


OTHERS
MISC RM7.53, RM8.10
WCT RM1.65, TP RM1.85
OLDTOWN RM1.95, TP RM2.00
TIMECOM, RM8.42, TP RM7.28
Hovid RM0.375
IQGroup RM2.24, TP RM2.75
Kawan RM3.79
Asiafile RM3.68 ASIAFLE

CSCENIC RM1.69
You see this CSCENIC, there was one quarter it said although USD is strong, their profit was not good because undercut by Europe competitors. I think Euro also dropped against the USD, not sure. So you must determine whether is USD strong, or Ringgit weak.
VS??? Share price RM1.33, target price RM1.75

PRELEXUS. PRLEXUS because manufacture for NIKE.
Comcorp??
KESM??
Cimb and Unimech??? Benefit from weak Ringgit due to their Indonesia operations?
OCK probably may not benefit from strong USD but may benefit from weak Ringgit because of their South East Asia opeartions. I may be wrong but this is with my limited info.

Not sure about the below list...????
Ahb
Dps
Eksons
Eurosp
Facbind
Ffhb
Jaycorp
Lcheong
Pohuat
Sernkou
Sign
Syf
Tafi
Swscap



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NEGATIVE from weakening of Ringgit. Do NOT mix up, below are negative. Bad from strong USD or weak Ringgit.

Company that import raw materials in USD but sell in Ringgit and those who have USD debt.

Automotive Sector
UMW
Tan Chong
Last year Kenanga said 1% fluatuation in USD, UMW's bottomline could be affected by 3%. Tan Chong is 6%.
Berjaya Auto RM2.30, TP RM2.55
DRBHCOM RM1.34, TP RM1.31
MBMR RM2.52, TP RM2.68


Aviation/Airlines
Because many borrowings are in USD. Fuel cost also. Unless they have hedged it.
AirAsia
You guys know AirAsia much better than me.


Telco?
Many telcos have borrowings in USD.
Axiata RM5.32, TP RM5.20
TM
MAXIS
ASTRO.
Because most content costs are in USD but sales are in Ringgit.


Others
Nestle
TCM
TENAGA
SUNWAY- USD debt
IJM- USD debt
F&N
GAB GUINNESS HEIM      HEINEKEN MALAYSIA BERHAD


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Dollar Cost Averaging and PEGGY Method. Sharing info on cheap (low PE) company with high growth, low Gearing or Net Cash and High Dividend Yield.

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