Here’s quite an in depth piece on the construction industry which builds a fundamental case for going overweight on construction stocks in Malaysia for next year (this industry is going to be shining light as the economy slows next year – due to increased government sponsorhip).
But be aware that stock prices are susceptible to “headwinds” – by that I mean that they are susceptible to general stock market movements. E.g. I am actually looking for an entry into IJM which seems to have hit a top lately, so I am waiting for it to break either below or above before I make my move. It’s all in the timing folks!
Happy reading for the weekend!
