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there is still risk in maybank as it depends on the loans growth rate to offset the lower OPR. for hupseng, it depends on cpo and wheat flour prices. the weaker the commodity prices, the better it is for hupseng margins. while hupseng price has yet to reach an attractive price for it's dividend, the risk is lower compared to maybank and better affordability :)
Hupseng is not about wheat prices. Many biscuits competitor muchy ,jullie , hwa tai , etc . Hupseng biscuit is still the best haha. Anyways i expect price will keep going lower with low volume. 0.85-0.9 is a bargain price
however maybank is foreign investors top pick.when market recovers it will move fast ie higher capital appreciation. but not for stock like hup Seng...
true Jeffry. coming July monthly bank negara bulletin will give a snapshot of how bank's NIMs will look like in Aug :) as for Hupseng, one can overlap its share price with CPO and wheat/wheat flour prices. that will explain the impact to its net margin and it's share price movement. Just my opinion.
