yhchan1976

yhchan1976 | Joined since 2016-04-16

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2016-05-04 02:29 | Report Abuse

Posted by share tycoon Mr Koon Yew Yin in Feb 2016:

My (MR KOON) current strategy is to buy export company shares which have fallen about 25-30% in the last 2-3 months in view of the Ringgit strengthening. You must remember that most investors always overreact to good or bad news. How much the stronger Ringgit really affects export manufacturers profit? Can they increase their selling prices?

Focus Lumber: One of my friends visited Focus Lumber recently in Sabah and was told that they have new market in China and Japan for their products. The Japanese are increasing their orders in preparation for the 2020 Olympics. In the past, most of their products were exported to USA. They are expanding their manufacturing capacity to meet the new demand. As a result, the Ringgit strengthening will have little or no effect on their profit.

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2016-04-25 00:53 | Report Abuse

KIM, we'll back you up. Those who followed you can see profit by our own eyes.

Wise man will speak encouraging words. Foolish man like 'b***2**z' will only criticize ppl in a very unfair way.

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2016-04-23 01:10 | Report Abuse

Congratulations KIM on setting up this new blog.

Yes it's simple. I followed your buy call for ASIAPLY on 19/4/16 @ 0.26. Sold on 22/4/16 @ 0.28 (though not at the highest price on that day).

Tqvm, you made me 6.75% richer...!