27.11.07

WHICH STOCK IS TRENDING UPWARDS DURING THIS DOWNTREND?

Out of 1,400 stocks in Bursa Malaysia, less than 10 stocks are trending upwards. Out of the 10 stocks, only 2 stocks that has the capability to sustain their uptrend. They are BONIA & NPC.

BONIA is a park under Consumer Products. It designs and markets garment and shoe products. All quarters have been profitable for the last 2 years. It has nothing to do with US’s crisis at all.

NPC is a plantation company. Same as Bonia, all quarters are profitable for the last 2 years. This stock is a commodity play which we could see its share price trailing the oil price.

Happy Investing.

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