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Buy when there is unreasonable fear.
stockmanmy
Publish date: Thu, 15 Dec 2016, 12:22 PM
stockmanmy
0 76
Trade at your own risk. I am here only to vomit out my feelings
Buy when there is unreasonable fear.
There is unreasonable fear in the form of American policies, Donald Trump, affecting the prices of exports shares
Reference here for discussions on the unreasonable fear
http://klse.i3investor.com/blogs/icon8888/109652.jsp
http://klse.i3investor.com/blogs/icon8888/110967.jsp
http://klse.i3investor.com/blogs/icon8888/111173.jsp
With so much uncertainties in domestic and international arena, nothing like the certainties of exporters who are the true National heroes of Malaysia earning foreign exchange everyday.
There may be reasons to avoid plastics and gloves exporters in view of higher oil prices. These companies benefited enormously in 2015 from the twin effects of weaker ringgit and lower oil prices.
So, I choose to focus on export companies using domestic resources unaffected by oil and final products exported. The companies chosen below also do not have to buy raw materials in foreign currencies and are therefore minimumly affected by the recent BNM policy on foreign currency conversions.
My recommended export shares
Lihen
Consistent performer, high dividend yield, significant boost to bottom line in Dec quarter results. TTM PE 7.7
Focus Lumber
Disappointing quarter due to missed shipments but will rebound strongly in coming quarter. TTM PE 7.7
Latutude
Strong Sept quarter, expects even stronger Dec quarter TTM PE 7.2
MagniTech
Strong Oct quarter, expects even stronger Jan quarter Another high dividend yield stock. TTM PE 7.2
Best wishes and happy making money.
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Be the first to like this. Showing 21 of 21 comments
Buy when there is unreasonable fear.
There is unreasonable fear in the form of American policies, Donald Trump, affecting the prices of exports shares
With so much uncertainties in domestic and international arena, nothing like the certainties of exporters who are the true National heroes of Malaysia earning foreign exchange everyday.
There may be reasons to avoid plastics and gloves exporters in view of higher oil prices. These companies benefited enormously in 2015 from the twin effects of weaker ringgit and lower oil prices.
So, I choose to focus on export companies using domestic resources unaffected by oil and final products exported. The companies chosen below also do not have to buy raw materials in foreign currencies and are therefore minimumly affected by the recent BNM policy on foreign currency conversions.
My recommended export shares
Lihen
Consistent performer, high dividend yield, significant boost to bottom line in Dec quarter results. TTM PE 7.7
Focus Lumber
Disappointing quarter due to missed shipments but will rebound strongly in coming quarter. TTM PE 7.7
Latutude
Strong Sept quarter, expects even stronger Dec quarter TTM PE 7.2
MagniTech
Strong Oct quarter, expects even stronger Jan quarter Another high dividend yield stock. TTM PE 7.2
RAIDER COMMENT; UR PORTFOLIO IS OVER CONCENTRATED IN THE WOOD & FURNITURE BASED COMPANIES LOH.....!!
NEED TO LOOK INTO PLASTIC, RUBBER AND PALMOIL BASED COMPANIES AS WELL MAH......!!
2016-12-15 12:37
MAKE NO SENSE LOH....!!
75% WOOD BASED MAH....!!
WHAT HAPPEN THIS WOOD & FURNITURE EXPORT SECTOR FAILED LEH ?
2016-12-15 12:43
I ALSO NOTICE MAMMY PICK IS VERY KYY FOCUS LOH....!!
LIIHEN, LATITUDE AND FLB ARE ALL KYY STOCK PICKS MAH...!!
DON KNOW WHETHER KYY STILL SELLING LOH ??
2016-12-15 12:50
then at least I have tried but not getting involved in forgotten stocks like Choo Bee
http://klse.i3investor.com/servlets/forum/600111606.jsp
2016-12-15 12:53
raider, it is KYY investing pick, what do u expect? of course KYY stock loh..
2016-12-15 12:54
jason
KYY Golden rule Stockmanmy Dynamic Investing works like magic in the coming months.
2016-12-15 12:57
raid, then at least I have tried but not get involved in forgotten stock like Choo Bee.
2016-12-15 13:16
Raider bro. What stocks you monitoring lately. I hope wtk can go 0.80, wanna sapu tht.
2016-12-15 13:24
Paperlane,
Mammy comment using local inputs for xport ind make sense loh...!!
Raider pick are FLB and Evergreen both use wood based and waste loh..!!
Should be ok loh....!!
2016-12-15 13:37
for woods export, 2 worries
1. 75% currency conversion by bnm will affect export in usd
2. US under trump will promote buy furniture made from USA
referece to calvin tan post:
Posted by calvintaneng > Dec 15, 2016 10:15 PM | Report Abuse
stockmanmy calvin
there are no rubber trees, no tropical trees to compete with our furniture makers.
15/12/2016 14:28
I think your world view is like a frog inside the well
See this
https://www.manchesterwood.com/furniture-made-in-the-usa/
Trump has stated that the stupid limitations by previous Govt with its restraining laws will be done away!
Trump will unleash the US$53 Trillion shale oil deposits in USA.
These surplus shale oil might even hit rubber gloves export if USA go big time into Nitrile Glove (Made from crude or shale oil)
And for furniture?
USA has lots of pine, birch, oak, maple, ash, bassword, rosewood & others
See
http://home.howstuffworks.com/home-improvement/home-diy/furniture-restoration/guide-to-furniture-woods-ga1.htm
Trump if he wants to encourage US wood furniture manufactures might even allow trees to be used from US National Parks
https://en.wikipedia.org/wiki/List_of_U.S._National_Forests
2016-12-15 22:37
"Unreasonable" sometimes is because we DO NOT KNOW the real reason.
SHOULDN'T BUY when drop at "Unreasonable" reason. Must try the best to find out the reason. Else this is called, Blindly BUY. Avoid REAL REASON comes, not able to run.
So my thought is not agree with the blogger, personally. No right or wrong to others.
2016-12-17 11:39
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10bagger10
Fear? What fear
2016-12-15 12:33