FBMKLCI index. Looking at daily chart closing price, there is a double bottom at 1,373. You can say it is almost bottom at 1.373. I hope to see a new upcycle after August 2023, I also hope it is a long upcycle and a bull market for FBMKLCI after a long downtrend since July 2014. I hope all investors will laugh all the way to the bank after August 2023. Hopefully we can see a bull market in KLSE after a long bear market for almost 10 years since July 2014. Good luck to all investors in I3. Opportunity hits but once. You should start to invest in KLSE, you will be rewarded handsomely in the next few years. Thank you.
We have not seen a bull market in KLSE since July 2014. Hopefully our unity government will perform well in 6-state elections to convince foreign funds to invest in KLSE. I believe our unity government will win in at least 4 states so that the federal government led by DSAI will stay for next 5 years (full term). Stop all corruptions in Malaysia, I hope Malaysia will emerge as a clean government. KLSE will bloom for the next 5 years as a bull market. Good luck. Thank you.
Johnchew5, If you can reduce your postings, more people will read your postings. Suggest you please post good quality postings here. Appreciate your understanding. Please post quality postings.
I recommend growth stock only. Even I made a small profit on Jaks when I recommended Jaks in I3, give me another chance, I will never recommend Jaks in I3. I believe I made a mistake on Jaks recommendation. I can afford to recommend good fundamental and growth stock in I3 only. I prefer to stick to my strong opinion. Thank you.
I believe a bull market in KLSE will start in the second half of 2023. This bull market will last a long one since KLSE was in a bear market in the last 10 years. KLSE cannot be a bear market permanently, it is too long, a bull market will come back soon. We should see the light at the end of the tunnel, a few good signals have appeared. 1. The Malaysian economy expanded by 5.6% in the first quarter of 2023 (Q1 2023), comparing favourably with regional growth such as Indonesia (5%), China (4.5%) and Vietnam (3.3%). The Q1 2023 growth performance contributed strongly towards the achievement of the 2023 whole year forecast of 4.0% to 5.0%. To me it is good news and it should benefit the performance of KLSE. 2. I believe our unity government will perform well in the 6-state elections to convince all investors that the worst is over. No more perception of unstable federal government. 3. The latest report on US dollar index, the index falls below 100 points. It means the USD will drop further against RM. The conversion of USD to RM is at 4.53 today. It means foreign funds will stop to flow out from KLSE. 4. The economic data of Malaysia showed a big improvement in May 2023, the inflation rate is reduced to 2.8% which is a good news to KLSE.
Good luck to all investors, hope a bull market starts in KLSE soon to help all readers to make a lot of money in the next 2 years. Hope to see more millionaires are produced in KLSE, do not believe other stock markets are always better than KLSE. It is a matter of timing only. Thank you.
YTLPower is the best stock I recommended in 2023. Hopefully all investors are laughing all the ways to the bank. I checked, foreign funds are still net buyers in KLSE in the last 5 weeks. Hitting the target price at 2.05 set by HLIB is not a problem I guess. Good luck to all investors here.
Foreign funds are net buyers in KLSE for the last 5 weeks, hence KLSE is bullish now. I believe huge foreign investment funds (in terms of billion of RM) will pour into Malaysia economy after these 6-state elections are over on 12/8/2023. Hence I expect KLSE will be a bull market in the second half of 2023. Please note that the stock market is always ahead of economy. Thank you.
YTLPower is the best stock I recommended in 2023. Hopefully all investors are laughing all the ways to the bank. I checked, foreign funds are still net buyers in KLSE on 25/8/2023. Already hit the target price at 2.05 set by HLIB previously. The new target price set by HLIB is at 2.90. I hope this new target price at 2.90 will be crossed easily before November 2023. I still believe the target price in 2024 should be higher than 2.90. If EPS in FY2024 is 0.40, at PER=10, the target price for 2024 should be 4.00. We should have some idea after Q2 2024 result releases in Feb 2024. Good luck to all investors here. My 2 cents comments.
Posted by BobAxelrod33 > Oct 14, 2023 7:46 AM | Report Abuse "WHEN A CLOWN MOVES INTO A PALACE, HE DOESN'T BECOME A KING. THE PALACE BECOMES A CIRCUS" ------------- Turkish Proverb
Posted by Felix999 > Oct 14, 2023 8:58 AM | Report Abuse "The greatest enemy of civilization is the barbarian within." - Heinrich Heine
I3 has many barbarians within and the worst type is Mike-tikus and his many ID. Many right and sound minded people already leave i3 for good because of people like Mike-tikus flooding the whole forum with his repeatedly cut and paste vulgarity,insult, slander and gibberish.
I3 used to be the place where investors can exchange useful opinion, figure and fact but sadly no more because of the many barbarian within.
Post a Comment
People who like this
New Topic
You should check in on some of those fields below.
Title
Category
Comment
Confirmation
Click Confirm to delete this Forum Thread and all the associated comments.
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....
Johnchew5
11,627 posts
Posted by Johnchew5 > 2023-07-17 23:52 |
Post removed.Why?