I think so. I think the Greece senario will be resolved somehow and life will just go on as usual. Not everything are bad. The US economy is doing OK, oil and gold price has come down. The interest rate is still low. A lot of money is going to London Properties causing the British Pound to go up. More panic money will soon be available. For me, this is the right time to choose your picks and just sit back and enjoy the ride.
Happy hunting.
markets bouncing on support levels since this is long dip..will ajib gor call election if felda going to list? million dollar question..see how markets react, since i thk call for election dateline is this week to meet mid year school hols?
2012-05-15 17:48
He is in England, hope the market will not go Holland bcos a lot of ppl shopping for cheap stock in the market..
2012-05-15 21:05
if once announce GE market will drop ??? then after election , if lose or even win little can our market go further down ??? ppl are scared of this right . ...........
2012-05-15 21:08
Dont know la, but if telco company drop like mad, i thik i will buy la, either party win, im stil using maxis for my hp, tm for my housephone, i wont cut my house electricity, tnb stil there.... Haha... maybe there is some risk la, like political reasons...
2012-05-15 21:28
Lets hope the KLCI collapse to 800! and stay there for 1 year.A lot of psudorich datos who are up to their neck in debts will just die. For those who had bought shares, don't worry, just wait. I predict as usual the market will recovered.
2012-05-16 17:01
MEGA SALES just started.... 800 points is SUPER MEGA SALES.... it comes really like "once in a life time"....
2012-05-16 17:09
Hi
No one could predict the market. But I will point out that most probably KLCI will not dive below 1000 level. Yes, we could 'hope' for it to dive to 800 again ... but very unlikely.
One level at a time, support at 1520 level first, buy at that level for technical rebound, then if break this level ... look for next level.
Otherwise, stay aside ... till GE is over. Market is always there.
1998 ... 2008 ... 2018(or sooner?). hehe
TEH
2012-05-16 17:16
If I have more bullet, will buy more (fundamentally strong) counter which are selling at lower price now (as compared to last week). Even REITs are selling cheap...
2012-05-16 17:37
TODAY I COLLECT AGAIN !!!
I DONT BELIEVE MARKET WILL CRASH ~~~ EUROPE RECOVERING.......
2012-05-16 17:41
KL vin, it is too dangerous to collect unless buy some good fundamental company...Will expect further drop 2-3 days....last year experience heavy drop one weeks...
2012-05-16 17:46
I COLLECT HUGE LOTS AT MRCB ~~ AVERAGE = RM1.72 ...
I STILL TARGET PRICE FOR MRCB RM1.90 !!
2012-05-16 17:53
market looks very tempting now, any counters that are "election-proof" to watch out ? so that when it drop unreasonably, it is worth a try.. haha
2012-05-16 17:53
many ppl are waiting for market rebound to throw thier holdings n some waiting for rebound to make abit profit , so rebound won't be strong , if not careful will be traped again .
2012-05-16 18:32
WE DONT KNOW WHEN ONLY REBOUND ~~ BUT ATLEAST WE CAN BUY THE COMPANY WITH UNDERVALUE !!
2012-05-16 18:50
Perhaps KL Vin would tell us a few of the company which are undervalue. Being new, I need your guidance and advise.
2012-05-16 19:39
REIT still expensive compare to last year March.
Other fundamentally good shares still not attractive..
Waiting to reload when the share prices hit like 2011 March.
2012-05-16 20:29
Ya, thik blue chip counters has yet reach the level that is attractive and worth taking some risk..
2012-05-16 21:59
KL Vin, r u suggesting those 0.10++ stock? I think most of that is under value???
2012-05-16 23:03
Here are the data of two stocks may be useful to you all :
1) Multico
P/BV= 0.8
2011 ROE= 17.9, debt/equity= 0.11
2QFY12 = 12 sen , annualised EPS=25 sen
1st interim 3 sen paid, final div. can be 3 sen or more
2) Hua Yang
P/BV=0.8
2011ROE=20.8, debt/equity=0.38
3QFY12=27 sen, full year estimate 36sen (will be announced soon, may be tomorrow )
first & final div. will be 8 sen or more
If anyone has better info, please share !
2012-05-16 23:41
If you buy now, you has to watch the stock like a hawk and sell as soon as it is in the money, otherwise you will dfnly lose money.
2012-05-17 11:01
bargains are there? but are we prepare to hold & ride out the down turn. The Euro zone is still a mess better sideline and wait for a clearer picture. market rebounded more on technical than fundamental. GE13 is already price in. cheers
2012-05-17 11:35
I would still recommend blue chips like Maybank. If it drop to RM6.00 , sell your house and put every cents into this counter.
2012-05-17 11:45
lotsofmoney. please dont sell your house and buy Maybank even at 6.00. never put everything in a basket. remember market come and go. there is always something UNPREDICTABLE. murphy's law ha-ha-ha
2012-05-17 12:08
good word by Johnathan Keung.. The Japan economy might be rebounded a bit that overshadowed the overall crisis for a while. But what about the euro? It's still down.. aiyaa
2012-05-17 12:08
colinlim50
think and see, all market didn't drop as bad as m'sia... traders smell election?
2012-05-15 17:42