Pangolin Investment Management Sees Great Opportunities In Malaysia

James Hay founder at Pangolin Investment Management told CNBC that he likes macroeconomic situation of Malaysia and that companies in that country have the potential to outperform. He is particularly interested in Malaysian banks that are, in his opinion, undervalued and under-owned. Pangolin Investment Management stated that Malaysian banks have not been hit with sublime crisis and for them its more or less business as usual. These banks are well capitalized and there is a possibility that they will pay nice dividends. The biggest names in Malaysian banking industry are Maybank, Hong Leong Bank, RHB Capital and Public Bank.

Pangolin Investment Management are also interested in Singapore and Indonesia markets. They believe that stocks in these markets are over priced, but they are still looking for investment opportunities in these countries. Their favorites in Indonesia are banks, and they are keen on electronics in Singapore, but Pangolin Investment Management is very cautious when thinking about companies in these countries.