Now export-oriented stocks are neutral. Only semiconductor stocks may be good buy. A rate hike in the US in December could move ringgit weaker again, though.
KUALA LUMPUR (Nov 1): Worldwide sales of semiconductors reached US$107.9 billion for the third quarter of 2017, marking the industry’s highest-ever quarterly sales and an increase of 10.2% compared to the previous quarter, according to the U.S.-based Semiconductor Industry Association (SIA). http://www.klsescreener.com/v2/news/view/300367
Very irresponsible to sound May May day. There are so many component of cost elements in export counters. Some could also have imported raw material components in its cost which provide a natural hedge. Export Co could also have operation in Vietnam, Thailand and Indonesia. I think as professional you should not make swiping statement causing panic.
Beza Fluctuation of Ringgit is always subject to many factors: US rate hike, US tax reform in Senate, 1MDB issue, reliability of malaysian economic statistics etc.. Why so kan chong? Should buy more export stocks that its business is doing well.
When Ringgit crashed against USD I called for a buy on Export Furniture Stocks like Pohuat. Pohuat shot up 200%.
So now the strong ringgit will cause a reversal of momentum. Of course Pohuat is well buffered due to its Factories in Vietnam
hstha Now export-oriented stocks are neutral. Only semiconductor stocks may be good buy. A rate hike in the US in December could move ringgit weaker again, though. 18/11/2017 10:19
Investor 9999 Very irresponsible to sound May May day. There are so many component of cost elements in export counters. Some could also have imported raw material components in its cost which provide a natural hedge. Export Co could also have operation in Vietnam, Thailand and Indonesia. I think as professional you should not make swiping statement causing panic. 18/11/2017 13:56
Good. Investor 9999,
This is the correct way to counter Calvin's hysterical burst of emotions.
Thank you. I appreciate it. You brought out good reasons. This should be the way. Rather than calling Calvin names you brought out reasonable facts.
Yes, shouting "Mayday!" is just too general. Those companies which import in foreign currency and those that have operations in Vietnam & Thailand might be less affected.
But overall it was the collapse of Ringgit that made Malaysia super competitive. The rise therefore is a dampener. So export companies whose share prices have run far ahead of fundamental will now take a hit.
I only throw out a "General Warning"
Let all do your own homework carefully.
Check and counter check what you bought and evaluate them one by one.
Can you explain why Topgl,Harta,Koss and even Supermx share prices have gone up. According to your logic they should be dropping. By the way,Thailand SET hit bottom at the beginning of last year 2016 when the soldiers were in control already. During the red shirt n yellow shirt period only the Thai baht was weak,2013, but the share market was still ok.
Posted by Highfive Bread > Nov 18, 2017 11:18 PM | Report Abuse
Can you explain why Topgl,Harta,Koss and even Supermx share prices have gone up. According to your logic they should be dropping. By the way,Thailand SET hit bottom at the beginning of last year 2016 when the soldiers were in control already. During the red shirt n yellow shirt period only the Thai baht was weak,2013, but the share market was still ok.
Oh yes,
Gloves are OK as Japan or USA don't produce fresh latex for rubber gloves
AND CALVIN IS STILL HOLDING SUPERMAX SHARES
OK
All Export Stocks will be hit Except
1) Palm Oil Stocks 2) Glove Stocks like SUPERMAX. How come I so lucky to buy Supermax?
2) OPCOM (TOTALLY SOLD DOWN OPPOSITION STOCK!), VERY CHEAP NOW!
3) PBA (VERY DEFENSIVE). DR NEOH OF DYNAQUEST IN TOP 30 HOLDERS
4) MJ PERAK (PROTON CITY GOING INTO BOOM TIME)
5) BJ CORP (TSVT IS IN CHARGE). THE COMING BULL RUN SUPERSTOCK OF BURSA!
6) MUI BHD (DIVORCE SETTLEMENT FORCE ASSETS SALE).
7) DUTALAND (PRICE IS WAY BELOW NET NET VALUE)
8) MPHBCAPITAL (THE ONLY LAGGARD AMONG OIL REFINERS'S STOCK LIKE HENGYUAN & PETRON) MPHBCAP HAS 2,000 ACRES PRIME LANDS IN RAPID (THE LARGEST REFINERY IN ASIA)
9) UEMS (THE BEST KEPT SECRET. KING OF PROPERTY STOCKS. LANDBANK VALUED AT RM5.80 PSF))
10) BPURI (THE TOTALLY UNDERVALUE CONSTRUCTION STOCK OF ALL)
GDP is cost of goods produce in the accounting sense. We have high inflation of course GDP goes up or will go up every year. It has nothing to do with the ringgit depreciation or appreciation. Please be smart, know yourself first!
Avoid high debts companies or those that use a lot of debts to finance their business (a lot of those on the highly recommended list that says you must have these or else you are going to miss out on some fun). Interest rate goes up is the only sure thing that is going to happen for sure if you are long term investors or think like you are one. Or else you are merely speculators---what is speculators ? they think just because someone has a pretty backside now he or she must surely let you screw it, don't you think it is a very ridiculous way to harbor this kind of investing idea?
Calvin and buddies: there is a saying that those who count on their daddies or mommies can not go very far and go for very long time if they have to compete with those who do not have to count on their daddies or mommies to become successful.
To be fair to all of us (old comers or new comers), those who count on their daddies or mommies are similar to those who have to count on their past and those past are usually not useful for plotting the future. You can not rely on your past to plot your future.
Especially very cheap shares like bjc or mui that have to rely on correcting mistake to advance forward.
Can you live in the way your parents live in todays's society, of course, not? The very simple reason usually is because you are the first to reject this notion.
ringgit appreciation or depreciation the rm is still the most undervalued currency in the region due to loss of revenue from oil: when you are rich you have rich friends when you are poor you have poor friends. this is so simple to grasp? the depreciation is because so now we have poor friends that is all!
all the companies you recommmended on the list (1) can not change from the past (2) are not able to benefit from their past way of doing things (3) are not so sought after in the current environment (no economic value except for their market value and the number of shares distributed). Please don't be so inhuman.
assuming there are two products nissan sentra and mercedes bence? Assuming all factors are neutral, you are not restricted by money and attitude and everything else being equal to make a purchase.
Which would you prefer? to drive a nissan sentra or to drive a mercedes bence. the one you prefer has a higher economic value than the one you do not prefer. With everything else not related to the two products being rated equal rated neutral to you.
Says if they are selling at the same price, a nissan sentra and a mercedes bence, which would you prefer to drive? You see what I meant you make the judgment for your customers sake so that you know which business to own so that you will be profitable due to the non-switching of your customers to other products (take for example).
You have to be able to forgive yourself first before you can forgive other people, this is because (you don't want to be sostupid) as you want other people to serve you first before they server their own priority. Look for companies that serve you first before they serve other people, these are good business to own for investors, according to warren buffett.
1. what-is what you can not blame others if something were to happens. 2. when-is what it takes so that other people can not blame you if something does not happen. 3. where-is where you are helping other people first to help yourself 4. .... 5.
If the company has all these 5 traits you buy the company
1.wisdom-low cost 2.mercy-show mercy to yourself before you show mercy to other people. as... 3.compassion (we are usually hurt the most by people that don't need us the most for acquiring material reason: don't let this happen) 4.trust (we usually hurt the most the people that love us the most for acquring non-material reason) 5.sincerity-be truthful to yourself in making selection of course the one that loves you the most and the same one you are able to love the most (for the longest time).
In case you wonder how the they or the concept came about. You read this on Warren Buffett 1984 letter to shareholders. The one he talks about cone land and shopping center purchase when he listed the 5 elements of investing as suggestions for newly investors to follow. 19/11/2017 15:03
MRCB is epf and epf is epf's business. drb is contentious issue have a lot of employess and a lot of old burden ..
mrcb and drb different context.
mrcb needs to try harder because only in transportation business or what? drb don't need because it has a lot of diff. businesses already including pos malaysia.
Digistar at current prices is inexpensive. It should also get some projects for security related jobs as Budget 2018 alloted funds for the police and others.
calvintaneng # thanks calvin noted clavin do you know tambun hut lowest today 0.95. calvin do you think tambun can start buying now . tambun is the most high dividend property counter. Tambun
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....
10bagger10
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Posted by 10bagger10 > 2017-11-17 22:13 | Report Abuse
jtiasa?