Diverse fortunes of consumer stocks

By ELIM POON

THE consumer sector, at least companies providing staple products, is on a roll.

Even after hitting a valuation of 40 times historical earnings following its listing three months ago, 99 Speed Mart Retail Holdings Bhd was given a “buy” call by CIMB Research earlier this week.

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Monthly Plan

RM 13.90/month

RM 8.34/month

Billed as RM 8.34 for the 1st month, RM 13.90 thereafter.

Best Value

Annual Plan

RM 12.33/month

RM 7.40/month

Billed as RM 88.80 for the 1st year, RM 148 thereafter.

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ConsumerSector , StapleProducts , IPOTrends , CostOfLiving , DiscretionarySpending , TourismBoost , MinimumWage , RetailGrowth

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