Stocks In Vogue
Market sentiment has improved somewhat and oil & gas stocks are leading the charge. Surprising coincidence that Ranhill is the top volume stock when there is a big oil & gas conference about town. Top volume game in guessing the worth of the oil find, your guess is as good as mine - not my cup of tea.
Eden - Correct sector, power. Wrong client, not Genting. Should be divesting the poorly performing food business. Moulding itself into a power player. Good prospects and upside.
Sapuracrest - Top pick from oil & gas. More upside likely.
Mycom & Olympia - Avoid like H5N1. Not out of trouble, don't be dragged through the mud.
UEM World - Consolidated looking good to retest the RM4.30 level.
Sime Darby - A big re-rating in the works. Break out likely soon.