When external factor clouds the market...

Hey, all of the sudden the market turns bad and everyone was wondering what the heck went wrong and is there more correction or should we just wait and while we're waiting what share to buy? what are the safe counters...
Well, in today's situation one of the way is to look for a company with strong potential of growth and re-rating. While there are quite a few, my favourite would be Ho Wah Genting Bhd. This company is one of the many who will ride out this externally driven excursion in style... with the rising commodity price of the tin ore and the huge prospect of supply in the Perak state under its rule for the next 8+ years, you bet the company will gain much from the mining operation.

A definite buy with a target of RM1.25 in a couple of quarters to come.