Kenanga Maintains "Outperform" On Muhibbah Engineering

KUALA LUMPUR, June 12 (Bernama) -- Kenanga Research has maintained its 'outperform' rating on Muhibbah Engineering (M) as it believed the company could ride on both the robust oil and gas (O&G) and construction sectors outlook.

The group's proven track record as a marine, O&G and civil contractor supported the outlook, it said.

Muhibbah, through its 62 per cent-owned subsidiary Favelle Favco, had secured crane supply orders worth RM161.1 million, which are expected to be delivered to its customers in mid- to end-2014.

Including these jobs, the crane division's orderbook increased to RM806 million from RM645 million previously, it said.

"Assuming a net margin of 9.0 per cent, the new orders could add another RM9.0 million into Muhibbah's bottomline next year, translating into two sen a share for EPS (earnings per share)," said Kenanga.

The research house said Muhibbah's current orderbook was estimated at RM2.24 billion, comprising RM1.2 billion from construction, RM806 million from crane division and RM196 million from shipyard business, which would last it for the next two to three years.

"There's no change in our earnings estimate as we have already imputed RM500 million new contracts for the crane division," it added.

Kenanga has maintained its target price of RM1.63 for Muhibbah based on sum-of-parts valuation.

-- BERNAMA

BAGAIMANA MEMBINA PORTFOLIO PELABURAN

Ramai orang yang hilang minat apabila mendengar perkataan ‘portfolio’ kerana menganggap ianya sesuatu yang rumit dan hanya diperlukan oleh golongan kaya ataupun pakar kewangan sahaja. Hakikatnya, portfolio pelaburan hanyalah suatu rekod yang menunjukkan bagaimana anda membahagikan wang anda dalam kategori-kategori aset yang berlainan. Dengan adanya portfolio pelaburan, anda akan mempunyai cara yang lebih teratur dalam menentukan prestasi kewangan anda untuk memastikan  hala tuju kewangan yang tepat .

Berikut adalah 3 Langkah Mudah Untuk Membina Portfolio Pelaburan

Langkah 1: Tetapkan Matlamat Kewangan Anda
Sebelum membina portfolio pelaburan, pastikan anda menetapkan matlamat kewangan anda terlebih dahulu. Contoh-contoh matlamat kewangan termasuklah menabung untuk persaraan awal, menabung untuk  pendidikan anak-anak ataupun untuk membeli hartanah dan sebagainya.

Langkah 2: Pengurusan Kewangan
Setelah menetapkan matlamat kewangan, kenal pasti berapa jumlah wang yang anda ada. Anda perlu memperuntukkan sejumlah wang untuk keperluan jangka masa pendek dan wang yang secukupnya untuk saat-saat kecemasan. Jumlah yang diperuntukkan sebaik-baiknya menyamai perbelanjaan anda untuk 3 hingga 6 bulan.

Langkah 3: 1, 2, Mula!
Selepas membuat langkah 1 dan 2, anda kini sudah bersedia untuk memulakan pengembaraan anda dalam dunia pelaburan. Selain wang yang ada, anda seharusnya merancang untuk melabur sebahagian daripada gaji bulanan anda. Di sini pakar-pakar kewangan menasihatkan anda melabur lebih kurang 10%-20% daripada gaji anda sebulan.

Pilihan pelaburan anda
Terdapat pelbagai produk pelaburan di pasaran untuk disesuaikan dengan  tahap risiko dan pulangan anda. Pelaburan yang berisiko rendah seperti sijil deposit bank menawarkan pulangan yang rendah. Pelaburan dalam hartanah pula menawarkan pulangan tinggi dengan  risiko yang sama tinggi dan tahap kecairan yang rendah. Walaupun pilihan produk pelaburan bergantung sepenuhnya kepada keperluan individu dan ufuk pelaburan, kombinasi pelaburan dalam portfolio anda perlu mengimbangkan risiko yang boleh ditanggung dan pulangan yang diharapkan.  Menyimpan kesemua wang anda dalam deposit bank sememangnya selamat, tetapi pulangannya juga rendah, malah kadang-kala pulangannya adalah negatif apabila kadar faedah yang ditawarkan  lebih rendah daripada kadar inflasi. Menurut prestasi yang lampau,  pelaburan saham boleh memberikan pulangan 10% dalam jangka masa panjang degan tahap risiko yang sederhana. Oleh kerana ramai orang yang biasa dengan pelaburan saham dan tidak sukar untuk mula melabur dalamnya, ia adalah pelaburan yang sangat sesuai untuk jangka masa sederhana dan panjang.

Jangan lupa untuk mempelbagaikan pelaburan
Satu aspek penting dalam membina portfolio ialah pempelbagaian, maka elakkan daripada melabur kesemua wang anda dalam satu pelaburan sahaja. Jika anda melabur wang anda dalam saham satu syarikat sahaja, anda akan kehilangan kesemua wang anda sekiranya sesuatu yang tidak diingini berlaku kepada syarikat tersebut. Ini lazimnya berlaku di kalangan pekerja sesuatu syarikat dimana pekerja-pekerja lazim melaburkan kesemua wang mereka dalam saham syarikat majikan mereka. Bayangkan sekiranya syarikat tersebut menjadi muflis, mereka bukan sahaja akan kehilangan kerja, malah akan turut kehilangan wang yang telah dilaburkan dalam saham syarikat tersebut. Dengan mempelbagaikan pelaburan dalam beberapa industri dan syarikat, anda mengurangkan risiko kehilangan wang anda. Ini kerana, kerugian yang dialami dalam satu syarikat diimbangkan oleh keuntungan dalam syarikat lain.

Unit Amanah sebagai pilihan pelaburan
Jika anda mempunyai wang yang terhad atau ini merupakan kali pertama anda melabur, mungkin anda ingin bermula dengan dana unit amanah. Ini kerana ia menawarkan kepelbagaian dan anda juga tidak perlu berhempas- pulas membuat kajian untuk menentukan syarikat mana yang sesuai untuk anda melabur. Oleh kerana anda tidak perlu bersusah-payah, maka anda akan dikenakan yuran pengurusan oleh syarikat pengurus dana. Dengan dana unit amanah, anda juga berpeluang untuk mempelbagaikan lagi pelaburan anda dengan memilih jenis dana, sama ada dana pertumbuhan, dana ekuiti atau dana bon. Ini membolehkan anda melabur dalam pelbagai segmen pasaran. Satu perkara penting dalam memilih dana unit amanah ialah anda perlu membaca prospektus dan kandungannya dengan teliti kerana ia menawarkan maklumat yang penting dalam memahami prestasi dana tersebut sebelum anda melabur. Pastikan anda benar-benar faham tentang gajaran dan risiko pelaburan unit amanah sebelum memulakan pelaburan.

Awasi Portfolio Pelaburan Anda
Jangan fikir bahawa tugas anda telah selesai setelah anda membina portfolio anda. Anda perlu terus mengawasi prestasi dan menilai semula kombinasi pelaburan anda berdasarkan tahap kehidupan, masa dan apabila situasi berubah. Anda perlu mengubah pegangan portfolio anda untuk memenuhi keperluan anda. Anda perlu melakukan perkara ini secara berterusan selagi mana anda melabur. Dengan disiplin dan strategi pelaburan yang sesuai, portfolio pelaburan anda akan membantu anda mencapai matlamat kewangan anda yang dahulunya mungkin satu matlamat yang sukar dikecapi.

ING Funds is now Kenanga Investors

PETALING JAYA (June 11, 2013): The entire business of ING Funds Bhd including all of its assets and liabilities, has been transferred to Kenanga Investors Bhd, with both institutions now operating under Kenanga Investors as a wholly-owned subsidiary of K&N Kenanga Holdings Bhd via Kenanga Investment Bank Bhd.

"With this, Kenanga Investors has moved up to No. 12 spot from No. 16(according to Lipper as at April 2013) in terms of unit trust assets under management (AUM) and will now have over RM5 billion in AUM as well as a larger retail customer base of over 30,000 investors," K&N Kenanga group managing director Chay Wai Leong (pix) said in a statement yesterday.

"Our clients now have access to over 1,000 tied agents, an enlarged and experienced fund management team, new online portals as well as, a suite of award winning financial products comprising of 32 funds. We are also one of the eight Private Retirement Scheme (PRS) providers in the country and look forward to offering relevant and compelling PRS products to the market," he added.

This follows the completion of Kenanga Investors' acquisition of ING Funds from ING (70%) and its joint venture partner Tab Inter-Asia Services Sdn Bhd (30%) on April 19, 2013.

Chay said the acquisition of ING Funds is the group's second acquisition exercise within a year.

The first was of ECM Libra Investment Bank Bhd, which had propelled Kenanga Investment Bank Bhd to become the country's largest independent investment bank by equity trading volume and value.

 http://www.thesundaily.my/news/738484

Kenanga Completes Merger With ING Funds

KUALA LUMPUR, June 10 (Bernama) -- K&N Kenanga Holdings Bhd's subsidiary Kenanga Investors Bhd announced Monday that ING Funds Bhd's entire business has been successfully transferred to Kenanga Investors Bhd.

The tansfer of ING Funds Bhd's entire business which includes all of its assets and liabilites marks a milestone for the integration exercise, as both institutions now operate as one entity, said Kenanga in a statement today.

"We are very excited about the completion of this merger exercise and the prospects it brings.

"With this, Kenanaga Investors has moved up from number 16 to number 12 in terms of unit trust assets under management (AUM)," said K&N Kenanga Holdings Bhd Group Managing Director Chay Wai Leong.

Chay said Kenanga will now have over RM5 billion in AUM as well as a larger retail customer base of over 30,000 investors.

He also said the company is one of the eight Private Retirement Scheme (PRS) providers in the country and is looking forward to offering relevant and compelling PRS products to the market.

Kenanga Group, driven by its growth agenda, has embarked on an expansion plan to bolster its businesses and fortify its presence in Malaysia.

-- BERNAMA





http://www.bernama.com/bernama/v7/bu/newsbusiness.php?id=955031

Kenanga Investor Completes Merger Deal With ING Funds

KUCHING: Kenanga Investors Bhd (Kenanga Investors) has successfully 

merged with ING Funds Bhd (ING Funds) with all of its assets and liabilities 

transferred to Kenanga Investors. According to a press release, this marked a 

key milestone for the integration exercise, as both institutions now operate

as one entity, under Kenanga Investors, a wholly owned subsidiary of K&N 

Kenanga Holdings Bhd via Kenanga Investment Bank Bhd.

“We are very excited about the completion of this merger exercise and the 

prospects it brings. With this, Kenanga Investors has moved up from No.16 to 

No.12 (according to Lipper as at April 2013) in terms of unit trust assets 

under  management (AUM) and will now have over RM5 billion in AUM as well

 as a larger retail customer base of over 30,000 investors.

“Our clients now have access to over 1,000 tied agents, an enlarged and 

experienced fund management team, new online portals as well as, a suite of 

award winning financial products comprising of 32 funds.

“We are also one of the eight Private Retirement Scheme (PRS) providers in 

the country and look forward to offering relevant and compelling PRS products 

to the market,” said Chay Wai Leong, Group managing director of K&N 

Kenanga Holdings Bhd.

Last December, Kenanga Investors entered into a conditional sale and 

purchase agreement to acquire 100 per cent interest in ING Funds owned by 

ING (70 per cent) and its joint venture partner Tab Inter-Asia Services Sdn 

Bhd  (30 per cent). The acquisition was completed on April 19, 2013. The 

Kenanga Group, driven by its growth agenda, has embarked on an expansion 

plan to bolster its businesses and fortify its presence in Malaysia.

The acquisition of ING Funds is the group’s second exercise within a year. The 

first acquisition was of ECM Libra Investment Bank Bhd, which has propelled 

Kenanga Investment Bank Bhd to become the largest independent investment 

bank in the country by equity trading volume and value.

Read more: http://www.theborneopost.com/2013/06/11/kenanga-investor-completes-merger-deal-with-ing-funds/#ixzz2VsJVoWoP

K & N KENANGA SELESAI GABUNG ING FUNDS