BULL RUN IS BACK AGAIN???? By Dr. Mohd Nazri Khan

[BEWARE TUN DAIM CASHING OUT & MAY JUMP BIG]

Get to know this guy. Tun Daim Zainudin. The most powerful in Corporate Malaysia during the last bull run. Former Finance Minister. Held the post twice, 1984–1991 and 1998–2001.

I tell you what. Bull run is back again. Something big happening over the last few weeks. Looks like Tun Daim is cashing out his global overseas assets. Yes right. Divestment. Lots of cash and may jump big into Bursa.

This scenario is just like American Treasury secretary who is suddenly USD1bil cash-rich and set to splurge on domestic investment opportunities

As most analyst know, Tun Daim major vehicle know is the giant USD1.32 bil London listed commercial bank, ICB Financial Group Holdings AG, which have banking subsidiaries in 14 countries across Europe, Africa and Asia. Following the recent delistings of ICB from the London Alternative Investment Market, Tun Daim looks busy selling his global banking interests and now is paring down its stakes in major subsidiary banks including Indonesia, Gambia, Ghana, Guinea and Sierra Leone.

In fact, most figures linked to Tun Daim, are also cashing out overseas business holdings and have kept a low profile in recent months.

Something brewing in the local market?

My humble take, it looks like the honourable Tun and his tycos are raising funds aggressively, sitting on cash and waiting for something big.

The following are my personal view and three speculative bets in order of viability :

(i) Imminent Umno leadership change (ii) Massive cabinet reshuffling (iii) Return of old guards under Najibonomics II

Lots to speculate. What certain is Tun and his team are most likely positioning themselves for a big return to Malaysia.

So what do we expect ? Bursa bull run & UMNO stocks rally should be on the cards few months from now.

Remember the old glorious Umno stocks rally. If Tun Mahathir UMNO stocks glories included Renong, Landmark, Proton, KUB and Idris Hydraulic, Tun Abdullah UMNO gems involved Equine Capital Berhad, ECM Libra Group, PECD Berhad and of course Scomi Group (though many got burned immediately after 2008 General Election, no offense). Of course, PM Najib stocks legacy will be sealed in CIMB (which goes up RM3 to RM9), UEMLand (rockets from RM0.50 to RM3.50) and the famous Sapura Kencana (jumps from RM2.00 to RM5.00).

I believe with Tun Daim & Co imminent comeback, UMNO fortunes may skyrocket again before the next super bull run 2015-2019.

The following are the Top 50 UMNO linked stocks which in my eyes are potential stock darlings for the next speculative UMNO-rally.

CIMB BHD
MRCB BHD
GAMUDA BHD
SAPURA KENCANA BHD
FELDA GROUP VENTURES BHD
UEM LAND SUNRISE BHD
PUNCAK BHD
MMC CORPORATION BHD
BOUSTEAD HOLDINGS BHD
SIME DARBY BHD
DRB-HICOM BHD
IJM BERHAD
GAS MALAYSIA BHD
TEBRAU TEGUH BHD
ECM LIBRA BHD
FABER GROUP BHD
TIMECOM BHD
KUB MALAYSIA BHD
LAND & GENERAL BHD
MEDIA PRIMA BHD
MTD CAPITAL ENGINEERING BHD
NEW STRAITS TIMES PRESS BHD
PHARMANIAGA BHD
SCOMI GROUP BHD
SCOMI ENERGY SERVICES BHD
SCOMI MARINE BHD
TRC SYNERGY BHD
TSR CAPITAL BHD
AHMAD ZAKI RESOURCES BHD
BRAHIM BHD
DAIMAN DEVELOPMENT BHD
UTUSAN MELAYU (M) BHD
TABUNG HAJI HEAVY ENGINEERING BHD
PADIBERAS BHD
MALAYSIAN AIRLINES BHD
PARAMON BHD
TROPICANA BHD (FORMERLY KNOWN DIJAYA BHD)
SYMPHONY LIFE BHD (FORMERLY BOLTON BHD)
ANCOM BHD
NYLEX BHD
HONG LEONG INDUSTRIES BHD
MUI BHD
HIAPTECK BHD
JOHAN BHD
GEORGE KENT BHD
ZELAN BHD

UPCOMING IPO :
1MDB BHD
NAZA TTDI BHD
ISKANDAR WATERFRONT BHD
RANHILL BHD

My Top Ten Picks :

PUNCAK BHD (Price RM3.39)
GAMUDA BHD (Price RM4.60)
BOUSTEAD BHD (Price RM5.44)
SAPURA KENCANA BHD (Price RM4.40)
FABER GROUP BHD (Price RM2.94)
LAND & GENERAL BHD (Price RM0.52)
SCOMI GROUP BHD (Price RM0.45)
SCOMI ENERGY SERVICES BHD (Price RM1.07)
BRAHIM BHD (Price RM2.34)
TABUNG HAJI HEAVY ENGINEERING BHD (Price RM1.01)

Buy. Hold one year. Welcome Tun & Welcome Bull Run.

P/S: 3 days to go!!! 27-28 Febuary 2014
Intensif Dunia Pelaburan Saham, Grand Paragon, Johor Bahru.