Fundamental Analysis

Willowglen, a superbly strong counter fundamentally backed by consistant and solid earnings is gearing up to the RM1.00 mark.
The statement of solid growth and earnings can be backed by the source below.

                                                       (source: malaysiastockbiz.com)

With a current PE ratio of roughly 10.78, this stock definitely has more room to climb higher.
Therefore, I believe this stock is currently undervalued.

Technical Analysis. 

                                                     (source:tradesignum.com)

With fundamentals giving the green light, the chart on willow looks promising as well.
After the 20MA managed to hold strongly, this stock is likely to see more upside potential as volume surged the previous week.
 

Resistance: RM0.95

Support: RM0.86

Should the resistance of RM0.95 resistance be broken, the  RM 1.00 mark is highly likely to be tested.

Outlook on this counter is positive as steady growth continues to nurture this bullish trend.
This counter certainly does not deserve to be called a "penny stock".

http://klse.i3investor.com/servlets/stk/0008.jsp

Note: Trade at your own risk.