Strong USD, Weak RM – Potential Stocks
On this weekend, I will revisit WELLCAL, VITROX, GTRONIC, WILLOW and SCIENTX. I will invest 1-2 counters out of these 6.
For your interest, you can also look into stocks that exporting products to USD and Europe, such as:
Furniture counters (HOMERITZ, HEVEA, etc…)
Glove counters (TOPGLOV, SUPERMX, etc…)
Textile and packaging counters (MAGNI)
Consumer discretionary (CSENIC)
Electronic (UCHITEC, MPI, etc…)
The above list is not exhaustive. Do your homework, and you will find stocks that benefit from strong USD.
Few key factor you mustn’t forget:
Demand of products manufactured by the company must be sustainable during this tough economy condition, and of course, preferably increasing over time.
The counters should also benefit from low commodity prices.
http://lcchong.wordpress.com
On this weekend, I will revisit WELLCAL, VITROX, GTRONIC, WILLOW and SCIENTX. I will invest 1-2 counters out of these 6.
For your interest, you can also look into stocks that exporting products to USD and Europe, such as:
Furniture counters (HOMERITZ, HEVEA, etc…)
Glove counters (TOPGLOV, SUPERMX, etc…)
Textile and packaging counters (MAGNI)
Consumer discretionary (CSENIC)
Electronic (UCHITEC, MPI, etc…)
The above list is not exhaustive. Do your homework, and you will find stocks that benefit from strong USD.
Few key factor you mustn’t forget:
Demand of products manufactured by the company must be sustainable during this tough economy condition, and of course, preferably increasing over time.
The counters should also benefit from low commodity prices.
http://lcchong.wordpress.com
