Don't be surprised when FF continues to pump more money into KLSE and RM would return to RM 3.8. The trend is reversing with the support from positive sentiments. What would happen if FF snap up another RM 10 billion shares this year?
FF Enter/(Exit) KLSE:
Year 2010 + RM 15.9 billion Year 2011 + RM 1.8 billion Year 2012 + RM 13.7 billion Year 2013 + RM 2.4 billion Year 2014 ( - RM 6.9 billion ) Year 2015 ( - RM 19.5 billion ) Year 2016 + RM 4.1 billion (until now)
In general, the majority of the counters are benefited when FF enters local bourse. If you still believe in export theme play, the consequence could be worrisome.
IMHO there are still a few attractive good counters doing export business. I don't categorise them as "export" counters. In fact, exporting is just another strategy to gain even bigger market beyond the local homeland. Business is all about growth. Business prospect is way more important than forex gains. A company that relies solely on forex gain is currency exchange/money changer, not furniture or electronics company, they cannot survive.
Companies with QoQ net profit growth achievement between 50% to 100% are experiencing real growth. Rough estimation, excluding forex gain QoQ (about 20%),they are still growing at around 30% to 80% range. Not good?
Big investor,China is investing rm8bln in the fast train and others are coming.Maybe can invest in Mymmar/Burma but still a long to go and generally the purchasing power is very low.
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....
Up_down
4,338 posts
Posted by Up_down > 2016-03-23 10:25 | Report Abuse
Don't be surprised when FF continues to pump more money into KLSE and RM would return to RM 3.8. The trend is reversing with the support from positive sentiments. What would happen if FF snap up another RM 10 billion shares this year?
FF Enter/(Exit) KLSE:
Year 2010 + RM 15.9 billion
Year 2011 + RM 1.8 billion
Year 2012 + RM 13.7 billion
Year 2013 + RM 2.4 billion
Year 2014 ( - RM 6.9 billion )
Year 2015 ( - RM 19.5 billion )
Year 2016 + RM 4.1 billion (until now)