calvintaneng - thanks for your advice, I try to control myself to buy share =.=... For those no good results in quarter results, I try sell those. Between I like your Asiapac share with good book value.
Posted by Wah Lau > Apr 21, 2019 8:30 PM | Report Abuse
calvintaneng - thanks for your advice, I try to control myself to buy share =.=... For those no good results in quarter results, I try sell those. Between I like your Asiapac share with good book value.
Calvin you do know there is a difference between bonds and stocks right? If 32 billion of bonds are taken out of the market, where do you think the companies are going to get their funding? From the stock market. When the bonds go off the market, companies will be more inclined to get more funding by doing more rights issues and preferred shares and warrants sales in the stock market. To increase that interest in buying private placements rtc, more and more companies will have to entice customers and companies by doing share buybacks to increase the price, raise dividends to make it more attractive to hold, do preferred shares (ICULS) to raise money.
The only companies I would be worried about are those penny stocks and dent ridden companies you like do much.
Slowly buy and keep lots of cash since April 29th will wash out day traders and short term punters from bursa
As for Philip with tunnel vision he cannot see that liquidity of rm32 billions withdrawn from Malaysia will cause a panic into cash
As such whether through pp, bonus or whatever means the collective pool of liquidity being diminished will result in lower asset prices as a whole...there is no escape.
If the reservoir is drying up the only way to stay solvent is to have your own source of water
That means look for cash rich companies or companies backed by huge hoard of valuable assets which can be liquidated for cash in emergencies
calvintaneng- I wish you can write a blog when u start use your 70-80% of many. If you free write about money management too
(2.6m shares buyback April ) Philip - current market still got pro and con view. Our market still balance =.=? (but today our construction overheating)
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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....
calvintaneng
56,632 posts
Posted by calvintaneng > 2019-04-21 19:59 | Report Abuse
Ooi!!
Be careful hor
Rm32 BILLIONS FOREIGN BOND SELLING MIGHT CAUSE KLSE
TO SINK! SINK! SINK!
SO DON'T CATCH FALLING KNIVES HOR!!