ISR Capital and Best World among stocks offering hope in a dull market
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THE stock market operates in mysterious ways, very often ignoring fundamentally sound stocks to the point that frustrated owners and major shareholders are driven to consider a takeover, privatisation or delisting, yet at the same time rewarding other stocks for reasons that the market might struggle to pinpoint.
Given the present weak market, delisting examples abound, two recent cases of which are healthy-lifestyle products group OSIM International and traditional Chinese medicine group Eu Yan Sang International.
Less known, however, are the market's success stories, stocks which have enjoyed massive outperformance despite the prevailing soft equities climate. Two fine examples are investment firm ISR Capital, which is connected to an ongoing Commercial Affairs Department (CAD) investigation into the penny stock crash of 2013, and Best World International, which saw its stock more than triple in price in the past three months but came under severe pressure on Thursday.
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