Last few months, we talk about price increased for Petrol, Gas and Sugar. Many want to know how to take advantage of this. On my Jan's mail, I also suggested at least 3 good stocks that will benefit from this price increase, they are TWS, Pchem and MHB. (refer to below my Jan's mail)
This is not a tips, I just share my thought on how to pick good stock that will benefit from current economy scenario. Again, to remind all, the first thing bear in mind is:
Ask yourself what's the company's business, how's the company making money in the past? (if company not making profit, just forget about it) Can they still making money more than before in the next 10 years?
For example, TWS ($7.20 on Jan), we know it's the plantation stock, so plantation is hot, especially all commodity price going high. There are so many plantation stocks list on Bursa, what's so special about TWS? Last year, TWS's profit came from Palm Oil and Sugar, but this year it going to make profit from rice as well after took over PadiBeras. This is something like the plane suddenly put on additional engine, of course it will fly high after quarterly result announcement.
Similar to MHB and Pchem, the current high oil price will going to benefit these company. (remember, not any oil and gas company, we need to choose the best) PM. Najib have mentioned, he want to make the nations rich, one of the way is through Oil and Gas industry to make Malaysia regional hub. In short to medium term, these company will show very good profit.
Two more company, Tenaga (RM6.23) and GENM(RM3.31) can keep in your watch list. I am not telling you to buy now, but time will come for it's share price to fly. You may monitor it until one day when it start to move, just buy it without hesitate.
Last, never buy a stock base on rumour or tips. Remember to do your own research, internet is very convenience now.
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