M+ Online - Muar

We'd filtered out 15 listed companies in Bursa Malaysia market with net cash status. We tried our bes tto make sure the information is up-to-date on the time we completed the list.

The conditions of our filter are:
1. Net Cash Position - it doesn't mean they're debt free, Net Cash means the company has sufficient cash in hands to cover all existing debts that include both short and long term debts.
- some of them are totally debt free on the time we filtered it,based on the latest quarterly report.

2. Potentially Strong to survive current Covid-19 or alike crisis.
- good cash in hand means they won't have problem at current crisis-like situation.
- meanwhile, the business types are likely able to continue as their business products/services have their own moats.

3. Price to Book(PB) ratio is getting attractive.
- based on current market condition, we're in view that it's safer to refer to PB ratio than PE as Book Value does not changed too quickly/sensitively as to compared to PE which is calculated based on Price over Earnings.

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Disclaimer: all charts, or figures posted are publically available information and the commentaries are on personal view; shall not be constituted as a buy or sell recommendation. Readers are advised to do their own research or to consult their licensed dealer's representative before investing in.
Alternatively, readers may appoint us as their advisor by signing up an investment account with us.

The US Dow Jones Index dropped another 5.86%(1464.94pts).

The drop was not immediately followed by a strong rebound, sending a strong signal the market is on the brink of heading into bear market.

Despite there're many stocks are seen trading at multiple year low, it is best to buy into them only when the stocks are backed up strong fundamentals, and best having a sound investment plan before locking in.

We wish all investors steering safe in this eventful time.