Monday, January 29, 2007

Time to accumulate undervalue stock ???

Today KLCI has resume its upward trend led by ‘Blue Chip’(1177.53), the investor may not want to left out from this rally, yet remain cautious due to fear of imminent correction.

The value investor may consider to accumulate the following ‘undervalue stock’ which downside risk is considered limited to me:-

1. Petronas Dagangan(5.20)

2. Mieco(1.26)

3. Airasia(1.45)

Again, if you have lower risk appetite, it will be better to wait for another 5%-10% discount at current price.



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