Questions:
Mr kit, what u think of hiap seng? i think its time for it to have the next surge forward.. fundamental wise, im comfortable with it, yet tat credit agricole has been selling out.. notice they sold alot of other counters recently.. must be having some kinda trouble.. and wats ur view on anwell? back to recovery path hopefully.. yet i think dow look very bad.. !
Answers:
Hiap Seng's fundamental is ok. With the rising oil prices, its order book may continue to rise. The share placement and disposal of shares by key shareholders might have dampened its share price performance. Anwell has shown turnaround in its fortune. The strong demand for its DVD products from South America and China may drive its top and bottomline even higher. I reckon the stock is still cheap in absolute terms. As the general market seems fatigue, try to stay clear of the market for the time being until the next FOMC meeting at the end of the month.
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