What determines the share price changes?

Some of the stocks have gained hugely and some have not moved upwards significantly. A few actually went lower in price.

What determines these share price changes?

Changes in these 3 areas influence the share prices of these stocks the last few months (from March 2009). Let me, based on my rule of thumb assessment, post these below.

HaiO

Business fundamental change +++

Sector change +/-
Market cycle change ++

PBB

Business fundamental change +

Sector change +

Market cycle change ++

HLB

Business fundamental change +

Sector change +

Market cycle change ++

Tong Herr

Business fundamental change ---

Sector change --

Market cycle change ++

LionDiv

Business fundamental change ---

Sector change --

Market cycle change ++

Maybulk

Business fundamental change --

Sector change --

Market cycle change ++

Coastal

Business fundamental change +++

Sector change --

Market cycle change ++

KNM

Business fundamental change -

Sector change -

Market cycle change ++

Nestle

Business fundamental change +

Sector change +/-

Market cycle change ++

Dutch Lady

Business fundamental change +

Sector change +/-

Market cycle change ++

PPB

Business fundamental change ++

Sector change +/-

Market cycle change ++

Top Glove

Business fundamental change +++

Sector change ++

Market cycle change ++

Latexx

Business fundamental change +++

Sector change ++

Market cycle change ++

KLK

Business fundamental change +

Sector change +/-

Market cycle change ++

PetDag

Business fundamental change +

Sector change +/-

Market cycle change ++

Parkson

Business fundamental change +

Sector change +/-

Market cycle change ++

UMW

Business fundamental change +/-

Sector change +/-

Market cycle change ++

Observations:

The market cycle has turned upwards since March 2009. The impact of the market cycle on individual stock prices is not uniform.

The individual stock price is driven mostly, upwards or downwards, by the changes in its underlying business fundamentals.

Though certain sectors may have a negative outlook, some individual stocks within these sectors perform well due to their good business fundamentals.