vs already given free warrants so not drop that much. export stocks price already increase so much,a few hundred percent since last year so beware. if ringgit appreciate to 3.80 the export stocks will down 30% or more.
vs lowest is below 50cts last year jan,FL only 1.20 so still gain a lot since last year only. even ringgit didn't drop so much against USD. so export and glove stocks still very much overvalue
Many people want to see the market to crash so bad that until they can buy Maybank at a discount of 50% from current price I also want to buy some Maybank if it drop to 3.90 like last decade.
A Diversify list can't be go wrong, a click at the bottom link might give some shed , before the growth story widespreading. JHM a beutiful & Nice Rm$ printing machine from its new $25/ mil. Ext. Auto Led facility http://klse.i3investor.com/blogs/icon8888/90649.jsp
bearish sentiment influence 90% of stock price,stock fundamental left with 10% . TA pointing to sell, herd reaction no holding, every body would not want be the last to carry the hot potato...let it cool.. watch the indicators..then only take position kikiki..of course need this gyration otherwise no excitement in trading...
If the market ever crash you will loss your job any business went broke Even with massive discount, you won't be able to buy some because interest rate sky rocket your car and your house will be pull back by the bank and you will worry about the food in your table than investing your money
It's always a cycle. It will recover gradually. :-) Ringgit valued plc is still a running business that generating income. Cash rich company will never go broke so easily. USD will never be strong forever as it will hurt their export so much. Although it just started and even may last for a few years but it will fall after sometimes. It's definitely a golden opportunity for export companies to cash up their reserve. Especially when TPPA come into force in 2018, they will need to increase their productivity to meet the demand coming.
Even if ringgit can rebound Can ringgit be saved during a market crash? As I said earlier ringgit will be worthless too, it would be great to keep more USD
What do you mean by worthless ringgit? Are you trying to say ringgit will be the worst currency depreciating against US dollar compared to other currencies? What do you say about Vietnam Dong?
The financial system is made by whom And what will the creator do to the financial system? And the follower of the financial system? Why the financial system choose USD to be its standard to all minor currency? When the financial system isn't doing so well what will the minority who subscribe into the said financial system?
Can you expect a better answer given by Zeti herself? Is there a clear answer to any question? Your teacher tell you to give one answer and it doesn't mean it can be no other answer
Who has the total control over the financial system? When it goes into globalization Everything will be dealt differently Is it the biggest economy who has the control? Or the small and closed economy has the control?
JUST A SMALL PIN SIZE RECOVERY, BUT MASMEDIA PLUS RESEARCH HOUSE LIKE RHB AND CIMB WERE GIVING REPORTS THAT IT WAS THE END OF EXPORT STOCKS.. CIMB UPGRADED PROPERTY TO OVERWEIGHT NOW.. SO WE UNDERSTAND NOW THAT SOME ARE TRYING THEIR LEVEL BEST IN CHANGING THE THEMEPLAY FROM EXPORT STOCKS TO OTHER SECTORS THAT WILL BENEFIT FROM RECOVERY OF RINGGIT.. FOR TIME BEING IT IS JUST A SMALL PIN SIZE RECOVERY ON RINGGIT, BUT EXPORT STOCKS DROP SO MUCH.. PURPOSELY THEY ARE PUNISHING EXPORT COUNTERS BY RAISING UP LEVY S FOR FOREIGN WORKERS.. SO FROM HERE WE CAN UNDERSTAND OUR CORRUPTED GOVERNMENT HAS ALSO A DIRTY HAND HERE
Why suddenly they raise levy fees for foreign workers? They are trying to hit hard export counters, because they are the one employs most foreign workers..
cash rich company like flb...could easily hedge against USD if at all required... even at current level. The price dip would then be highly unjustified....dividend does not hint such vulnerability.
So many hands are taking advantage of the present situation, to deviate the attention to other theme play from exports theme play...but this is not going to work out, finally ringgit is going into weaknesses again..
I want to see Maybank to drop by 30% from last price, my pant will be very wet to see it happens, easy living with Maybank, but at the cost of large scale financial crisis, massive of household loss their jobs, massive of house and car getting pull back by the bank, massive of declared bankruptcies, massive of i3 member loss their pants too, so they will leave the forum and worry about the food on their table. :)
I kind of disagree with Mr KYY to use MYR$ strengthen % correlate proportional to share price drop. He has to consider an adjusting factor, eg:- If MYR has weaken 30% over 2 years and the share price has benefited 150%, the factor will be 5x. Thus with recent 3.5% MYR$ strengthening with be reflected 17.5% in share price drop. So those counter price drop should be justifiable..
mr koon.. what do u think bout ajinomoto... biz wise it's consider a company which practically have no competitor as it holds 90% of msg usage in the country.. with low comodities prices n some export to middle east.. maybe can have a look....
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Hahahaha...u go to pohuat treat to read my prediction on pohuat
When pohuat >rm2, I said will drop to 1.68...nobody believe at me...after 1 month, pohuat drop from 2.08 to 1.67!!