Malaysia's EON is favored over Proton in auto sector

Article Abstract:

Stock analysts are advising investors keen on investing in the automobile sector to put their money into Edaran Otomobil Nasional Bhd. (EON) stock, rather than into Perusahaan Otomobil Nasional Sdn. Bhd. (Proton). They predict that Proton will continue to experience some cost problems despite forecasts of improved sales and higher production. Analysts believe that buying EON stocks involve less risks and may be more rewarding, in view of the company's stable margins and considering that EON will also benefit from any sales increase recorded by Proton, being its domestic distributor.

Perusahaan Otomobil Nasional Bhd., Edaran Otomobil Nasional Bhd.

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Highflying shares of MAS may face a bumpy ride

Article Abstract:

Share prices of Malaysian Airline System Bhd. are not predicted to climb any higher in the near term. The stocks of Malaysia's flagship airline have soared the past few months after the company posted a strong financial recovery and rationalized its international operations. An upswing in regional air traffic has also bolstered the airline. However, rising debt costs and losses in its domestic operations may unduly burden the company and put a drag in its performance.

Scheduled Airlines, Scheduled Air Transportation, Air Transportation, Scheduled, And Air Courier Services, Airlines, Malaysia Airline System Bhd.

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Car shares may jump-start Malaysia's stalling market

Article Abstract:

Stock analysts believe automobile shares offer the brightest growth prospects in the Malaysian stock market following the plunge of the yen against the US dollar. The yen's depreciation has resulted in strong passenger-car sales growth, with Jun. 1995 figures rising 24% from May 1995 and 98% year-on-year. As a consequence, automotive stocks' price/earnings (P/E) ratio greatly exceeded earlier forecasts and even outperformed the market's average P/E ratio of around 22.

Securities and Commodity Exchanges, Security and commodity exchanges, Securities Exchanges, Forecasts and trends, Stock-exchange, Stock exchanges, Exchanges

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