The Most Profitable Share Investment in Malaysia 2021

Which is The Most Profitable Share Investment in Malaysia 2021?

The world went into a global pandemic in 2020. With this, the global stock market went into real uncharted territories in 2020. As a slump in the equity market was expected there were also predictions for a good surge upwards. Although 2020 saw various movements in the stock market due to yet-to-dissipate shadows cast by COVID.

However, the availability of vaccines has raised optimism for a good year ahead, especially for the stock market.

We have gathered a list of the most profitable share investments in Malaysia in 2021. Also with our KLSE stock picks you can get some good investment opportunities in the Malaysia stock market.

#1. Hartalega Holdings Bhd

The company is the world’s largest nitrile glove maker. This is one of the top picks in the Malaysia Market. The share is typically good for investors who believe in a great earnings growth story. The stock has sagged 43% from its peak and is highly undervalued as of now. Hartalega stands out from the other glove stocks due to its low supply risk. This is due to the limited supply of raw material i.e. Nitrile - butadiene rubber.

Experts suggest that the share prices can increase above the average selling prices of similar stocks in the industry. We recommend you get KLSE Stock tips in order to get regular updates about the market.

#2. Magnum Bhd

The share prices of the company saw a huge fall due to the shutdown of non-essential businesses and a decrease in movement across borders. Now as the situations are getting normal with the vaccination process in place, the shares of Magnum Bhd are expected to be well on the earnings recovery path.

The stocks are particularly attractive due to high earnings in the future and appealing dividend yield. The official website of Magnum has revealed that the company will have 22 special draws in 2021. This will boost the earnings of the company.

With a dividend yield of 7.3%, the stock is ideal for investors who are looking for long-term investment opportunities. Also, the recovery in sales has indicated a buy approach towards the shares.

#3. Mega First Corp Bhd
The steady and resilient earnings of Mega First Corp Bhd have helped the investors to generate constant returns from the stock. The company is looking to increase its earning potential and at the same time, it is focussing on discovering renewable energy sources. This has created overall positive sentiments for the stocks.