The following are challenging but necessary questions:
*How much more money am I willing to lose? Or is there a better way?
*Is it REALLY true that in order to have the quality of life I desire that I must gamble a large percentage of my net worth in the stock market?
*What portion of my assets are guaranteed to not decrease in value, and more importantly, are guaranteed to provide an income that I can’t outlive?
Areca Capital Sdn Bhd chief executive officer Danny Wong Teck Meng told theedgemarkets.com that the consumer stock had recently attracted some sort of interest in the market.
“I think Brahim’s is one of those stocks that relates to consumption, but I’m not too sure of the reason [of the run-up]. It could be something else, but I don’t have any information on it,” Wong said.
Meanwhile, SJ Securities Sdn Bhd senior remisier Goh Kay Chong said some funds were seen to have accumulated [the stock] from March 7 to March 13 at a low price and pushed up the price this morning.
“They might just take profit now, so be cautious while trading this stock,” Goh added.
kUALA LUMPUR: The Securities Commission Malaysia (SC) has warned investors over the increase use of blogs, forums and social media platforms to spread false and misleading information on certain companies in order to perpetrate ‘pump and dump’ schemes.
In a statement, the SC said perpetrators would accumulate shares at lower prices before posting positive sentiments about the companies, with the intention to spur interest in the shares in order to drive up its price.
“When unsuspecting investors buy the shares, it gives the perpetrators an opportunity to sell the shares they hold at a profit. Investors who have bought shares at the inflated price will suffer losses when the hype eases,” it said.
The SC and Bursa Malaysia have recently identified a blog ‘Bonescythe Stock Watch’ which was found to have published various articles that contain statements and forecasts that were misleading and deceptive, an offence under Section 178 of the Capital Markets and Services Act 2007 (CMSA).
A pump and dump scam is the illegal act of an investor or group of investors promoting a stock they hold and selling once the stock price has risen following the surge in interest as a result of the endorsement.
“Our markets have been underperforming the peers for for the whole of 2017 and 2018 year to date, similar to the pattern seen in the months leading up to the 13th General Election five years ago. And subsequent to the election, market took a breather before rising back. We think that it will be the same this time around". - MIDF Research
Sa, ku rasa memang selalu kalau blue chips naik, kena tunggu esok lusa mid and low liners naik. Nak election selalu stocks yang kait mengait dengan BN naik. Lepas election nengok sape menang, ada yang tergolek dog nanti
PETALING JAYA: Household spending is likely to moderate this year as debt servicing costs increase in line with the rise in domestic borrowing rates, and fading fiscal support post-election, said the Institute of Chartered Accountants in England and Wales (ICAEW).
However, it said the improving labour market conditions, rising manufacturing wages and the many populist measures announced in the 2018 budget should continue to support household spending this year.
According to ICAEW's latest Economic Insight: South-East Asia Report, Malaysia is expected to see broad-based and resilient growth, backed by domestic demand and healthy investment spending.
This year, ICAEW said Malaysia’s gross domestic product (GDP) is expected to grow at 5.2%, easing slightly from a 5.9% close in 2017 on the back of slightly tighter credit conditions and moderation in export growth.
It anticipates the domestic demand to remain the mainstay of the country’s growth this year, noting that the outlook for investment spending is also healthy.
For the first three quarters of 2017, Malaysia recorded a 12.3% growth in private investment, almost triple that of average annual growth from 2012 to 2016.
Meanwhile, ICAEW said the export sector staged an impressive recovery, noting that with the signing of the CPTPP, Malaysian firms will be provided with preferential access to 10 markets accounting for 13% of global GDP. However, this positive development is dampened by news that the European Union plans to ban the use of palm oil in motor fuels from 2021.
A MALAYSIAN woman who was about to give birth at a hospital in Melbourne won A$40,000 (RM120,000) for trying her luck at a televised contest,the 40-year-old from Johor Baru participated in Sunrise Cash Cow out of boredom. When she was about to go to the washroom, she received a call from the host telling her that she had won.
This book is the result of the author's many years of experience and observation throughout his 26 years in the stockbroking industry. It was written for general public to learn to invest based on facts and not on fantasies or hearsay....
Posted by Mark T Bird > 2018-03-08 18:00 | Report Abuse
The following are challenging but necessary questions: *How much more money am I willing to lose? Or is there a better way? *Is it REALLY true that in order to have the quality of life I desire that I must gamble a large percentage of my net worth in the stock market? *What portion of my assets are guaranteed to not decrease in value, and more importantly, are guaranteed to provide an income that I can’t outlive?