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Bursa Malaysia Property Companies - recovery signs
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i4value
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04-Jun-2023 15:17
Yells: "i4value.asia" |
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In 2020, the performance of many Bursa Malaysia sectors were affected by the pandemic. Yesterday I shared in another ShareJunction thread the impact of Covid-19 on the Bursa construction companies. The recovery of the construction sector wll of course depend on the recovery of the Bursa property sector. The key question is whether there are signs of recovery in the property sector. The following charts were taken from my article Will the Malaysian Property industry turn around by 2024?. You can see turnarounds in the revenue, PAT and gross profitability.   I would conclude that there are signs of recovery in the property sector. This also mean that we can expect recovery in the construction sector. If you are hunting for Bursa companies to invest in, you should look for them in these 2 sectors. |
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