Not true, stock market pulse gives hint to economy health. Very important.
Unfortunately, half of listed co comprised badly managed GLCs (cronies, political appointees etc etc ) And these GLCs r in direct competition with non Gomen co. Result is unfair competition. Lose lose situation. Gomen “now” realized that. PH also realized the biz of gomen shouldnt be running biz. They r elected to govern a country! Serve the ppl who voted them for office.
PH gomen did say they will sell some listed GLCs to help settle some of our countrys debt. Win win situation. Gomen gets the money, these biz gets more capable owners. Profit will then roll in. Share price will go up. Market will be up. Every1 will huat.
Im waiting for this idea of theirs to be carried out. Hope fully before their 1 yr in office is up. Takes years to build up the index. They better do something b4 klse drop tooooo low... Kasihan investors yg kena dance this Limbo rock! Haha! https://m.youtube.com/watch?v=iTKj_Vd5_Bk
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joekit
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Posted by joekit > 2018-11-10 14:23 | Report Abuse
if i were him i will stay as pm till day i take my last breath...