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Strong USD, Weak RM – Potential Stocks - L. C. Chong

Tan KW
Publish date: Sun, 14 Dec 2014, 07:45 AM
Tan KW
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Good.

 

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:

  1. Furniture counters (HOMERITZ, HEVEA, etc…)
  2. Glove counters (TOPGLOV, SUPERMX, etc…)
  3. Textile and packaging counters (MAGNI)
  4. Consumer discretionary (CSENIC)
  5. 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:

  1. Demand of products manufactured by the company must be sustainable during this tough economy condition, and of course, preferably increasing over time.
  2. The counters should also benefit from low commodity prices.

 

http://lcchong.wordpress.com/2014/12/13/strong-usd-weak-rm-potential-stocks/

Discussions
2 people like this. Showing 18 of 18 comments

ctliew

market very quite... wonder how long this slum is going to last

2014-12-14 08:25

ImCK

depend on MYR now japan korea currency also weakness all fight export
see which market will more attractive

2014-12-14 14:43

optimuss

buy those who r involved in the supply chain of iphone. very safe.

2014-12-14 16:41

Alex Chan

At least someone is thinking out of the box. Good advice

2014-12-14 17:02

imoogi99

Glove and condom....bad time, good time, you sure need to use it. For bad times, electronics can be put on hold.

2014-12-14 17:07

SeriousInvestor1945

Hevea got exposure in USD loan

2014-12-14 17:10

Nancy Tang

Prices of most counters have dropped quite drastically ... hope tomorrow , there won't be so much blood on the streets !!!

2014-12-14 17:26

imoogi99

Blood will still flow tomorrow...could be heavy flow...just wait and watch.

2014-12-14 17:34

yfchong

We really dun kniow...,...m. But if prepare to dive in good b s n fundamentals won't be that bad..., cheers

2014-12-14 17:38

goldenluck16

Market won't rebound that fast, it's bleeding non stop. Safer to keep to the sideline as many investors are losing money and worsened by margin calls and forced selling by banks n stockbrokers. The worst is not yet over. Cash is king.

2014-12-14 17:57

optimuss

Too difficult to make a conclusion. Mkt bottom is always when there is a lot of fears. Now i see the fear escalate everyday. Jus wait for tipping point. The sharper it drop the faster it rebound.

2014-12-14 18:01

Sat7101964

Semiconductor share should up when ringgit depreciate , expose earning is USD, expenses especially overhead, utility cost in ringgit...but market sentiment is weak...difficult to say...

2014-12-14 18:18

ctliew

You'er right..ddee, definitely not bottom yet..No company bust or bail out or bankrupt la.. good to stay sideline a litter longer...cash is king. O&G counters are very attractive now.

2014-12-14 22:36

market

let us pray index go back 1,000 point, everyone can start make $$

2014-12-15 14:39

KClow

Post removed.Why?

2014-12-15 15:51

market

1698 now 698 to go,let us pray for the crash everyone get happy

2014-12-15 15:54

Loh Kok Wai W

joel tipu

2014-12-15 21:35

market

673 to go,let us pray for the crash everyone get happy

2014-12-16 23:25

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