This contrarian strategy believes that you should look at the list of the 30 stocks of KLCI, and buy the 10 stocks with the highest dividend yield. These will be stocks that the market has beaten down but that are still paying significant dividends.
You may want to take on a bit more risk and buy only the five (5) Birds that have the lowest stock price. These are called the Small Birds of Bursa.
When you consider a Birds of the Bursa strategy, it's a safety strategy, not one that will get you the highest return in a bull market.
Contributor: Azhar Khamaruzaman.
Add to FavoritesDisclaimer: Use of the information herein is at one's own risk. The information provided here is not, and must not be construed to be, or form part of, any recommendation, offer or invitation to buy or sell any securities. Some of the information here is exclusively for iSaham clients only.
| Stock | Market Cap (M) | Dividend Yield | Last Price | LTS Score |
|---|---|---|---|---|
| MAYBANK [NS] | 103424 | 6.76 | 8.58 | |
| PBBANK [NS] | 73369 | 4.5 | 3.78 | |
| WPRTS | 13026 | 3.76 | 3.82 | |
| PETGAS | 32993 | 4.32 | 16.68 | |
| RHBBANK [NS] | 22760 | 7.53 | 5.31 | |
| PCHEM | 52400 | 6.26 | 6.55 | |
| CIMB [NS] | 51299 | 5.41 | 4.81 | |
| SIMEPLT | 29184 | 3.8 | 4.22 | |
| AMBANK [NS] | 11997 | 5.06 | 3.62 | |
| GENM [NS] | 15082 | 5.91 | 2.54 | |
| MISC | 32178 | 4.58 | 7.21 | |
| GENTING [NS] | 16240 | 3.82 | 4.19 | |
| PETDAG | 21250 | 4.02 | 21.4 | |
| SIME | 14108 | 5.07 | 2.07 | |
| TENAGA | 54193 | 4.88 | 9.42 | |
| IOICORP | 23568 | 3.73 | 3.75 | |
| AXIATA | 25701 | 3.57 | 2.8 | |
| MAXIS | 32103 | 4.63 | 4.1 | |
| KLCC | 12598 | 5.52 | 6.98 |