The Malaysian stock market offers many investment opportunities some of which are attractively priced and poised for superior growth. Unfortunately, many of these stocks tend to fly below the radar with the lack of research.
Here, we give you bite-sized info on 5 growth stocks which prices are currently under $1 RM (Ringgit).
Superlon Holdings Berhad (KLSE: 7235)
Superlon Holdings Berhad operates in 3 business segments:
Manufacturing of insulation materials for the heating, ventilation, air-conditioning and refrigeration (HVAC&R) industry; Engaged in trading of HVAC&R parts and equipments, Steep pipes: Manufacture, import and export of various kinds of steel pipes and tubes.
The company made RM 106.2 million in 2017 with revenue, up 17% from RM 90.4 million the previous year. It also recorded a RM2 3.7 million in profits versus RM 16.7 million last year, representing a 42% increase!
The stock closed at RM2.70 at time of writing