Last week for 2016(27 Dec- 30 Dec), last chance for window dressing (if any)
Window Dressing Stocks(put in watch list, buy their respective warrants for bigger gains):
AXIATA, CIMB, DIGI, GENM, MISC, IJM, SIME, WSPRTS, YTL.
Stock to watch this week besides window dressing stocks will be:
SALUTE(CL1.22, TP1:1.35), MYEG(CL:2.20, TP1;2.35) , THPLANT (CL 1.12, TP1:1.20), HIBISCS (CL:0.35, TP1:0.42), NOTION(CL: 0.405 , TP1:0.505), PESONA(CL:0.57, TP:0.685)
As for 2017, The sectors which We think will outperform the market are:
Construction Sector
Electronics and Technology Sector
GLCs (look out for breakouts)
Plantation Sector
Glove/ Rubber
Banking Sector
Despite a positive outlook on respective sectors, at a Bearish/Sideways KLCI, we still have to be selective of specific counters. Our top pick counters will be updated in mid January after detailed research, however some of the Counters can be referred above as mentioned earlier.
As for Oil and Gas Sector, there will be trading opportunities however to Invest, it is still early and require cautious approach.
Dream without taking action is wishing, Action without a dream is wasting time. Dream Big, Do BIG!
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