Winners & Losers

The recent bank policy changes (Saving Rate 2.25%, BLR going up) in Malaysia shake the stock market with the following winners and losers:

Winners:
1. Banks (only if Housing Loan is abundant)
2. Banks
3. Banks

Losers:
1. Property Markets
2. Construction Companies
3. Test for Property Bubble in Malaysia
4. Furniture Companies
5. Renovation Companies

Stock to Watch?
I only like Public Bank (I also recommended last Wednesday before the surge) as it is clean and doesn't need government's support or backing. No hanky panky to play with numbers or to acquire other banks using tricks.