T Q to itjustabouttheprofit wrote an article again to reiterate the fair value of Zelan market price,the article atrracted some good respond from the forummers although not all the writing are positively supporting the turnaround achievements or even skeptic the declared profit account .The counter build up public attention is a primilary success of image developing which will contribute to the uplifting future share price with solid footing base.With the changing new image branding ,the day for Zelan is nearer and nearer !!! (this is not a buy or sell call)
You predicted KLCI will touch 1400 in 6 months time !! Are you a road side Fortune Teller ? May l ask you, from where you collected the national financial data to support your claiming? How do you evalute the formula to calculate KLCI ? What made you say that the government instituation fund like EPF,TABUNG HAJI,ANGKATAN TENTERA,TABUNG PERSARA KERAJAAN etc will never support the index and let it fall to 1400 ? Do you know what is the impact on the Malaysian people when index fall to 1400 or below if worldwide markets are holding well ?
You hope index drop until 1400 or even lower so that you can buy cheap stock ! what type useless warga Negara are you ?When the index drop to 1400 ,our currency will drop to 4.00 to 1 usd, do you know what is the impact on our national security ?? High inflation and slow economic growth which resulted of high umeployment rate and increase crime cases is the unavoidable outcome.Thief and robbers will go after you ,sor chai ,you like it ???????????????
my guess u are economic guru...n once klci dropped to 250 in 1997 but seem nothing really happened....u must be reading book to much.....n remember rm went down to 4.6 in 1997...my guess u are worry without real good reason or u are over bought on stocks...anyway may i know how many milion do u spend on zelan..??
Get ready for a 4,000-point Dow drop The stock market has an empirical rule: interest rates lead stocks. And the current interest rate environment is pointing to a massive decline for the U.S. market. Are there parallels to this current market environment? Yes — 1987.
The summer that year began with a slow, methodical rise in actual rates. Yet the Fed did not raise the discount rate, even though actual rates suggested otherwise. The fall of 1987 arrived with the stock market having hit an all-time high in late August, unfazed by this unsettled condition.
As it happened, the Federal Reserve was literally forced to raise interest rates. Policymakers were behind the curve severely, just as the Fed is now. The 1987 rising-rate action caused stock prices to tumble more than 30% within two months, including a sharp 20% selloff in October — still among the Dow Jones Industrial Average’s DJIA, -0.01% worst one-day percentage declines ever.
crash will not b this year....read somewhere....its 2016 or 2018 base on historical analysis.....i just push it aside but trade very very cautiously....zelan is a good stk....accumulate n be rewarded later....
4u2c, it just opinion, but looking at the 1mdb financial mass likely a lot more to surface to the mkt such as down grade of rating by SNP etc... have to be real careful n be alert...
to me the global mkt is due for healthy correction before resuming up trend... like the one that occurred in 2nd half 2011(approx 20%)..
Ring, yes agree with u...but the global big picture is on the driver sit now....infact rm42bil is just considered (in total lost case) average amount lost in 6 years i.e 2009 to 2015 would be about rm7bil per annum vs msian gov income around rm200bil per year...... so sentiment is sentiment nothing we can do about it n let it take it course n buy once it bottomout that the only simple thing that we can do...
KUALA LUMPUR: Having closed at RM3.7595 to the US Dollar last Friday, analysts are predicting that the beleaguered Ringgit is likely to go above the RM3.80 mark, reports Bloomberg.
Among them, Macquarie Bank Ltd was said to be reviewing its previous end-of-year forecast of RM3.75 to the Dollar in the light of waning demand for emerging-market currencies, while Mitul Kotecha, Barclay Singapore’s head of Asia Pacific foreign-exchange strategy, predicts that the ringgit will end the year at 3.95.
“Fundamentals will prevail once the uncertainty affecting market sentiment subsides,” Bank Negara Governor Zeti Akhtar Abdul Aziz was reported to have told Bloomberg last Monday.
Despite that assurance analysts say that any potential for recovery may be hampered by several factors, including the recent implementation of the Goods and Services tax which has resulted in inflation rising to 1.8%.
In addition, Brent crude prices have dropped 43 percent from its peak in 2014 and overseas shipments fell again in April.
A protracted drop in exports may cause a reduction in the current account surplus which stood at RM10 billion ringgit ($2.7 billion) for the first quarter of this year.
Analysts further predict that higher US interest rates will result in capital outflows, given that some 32 percent of the nation’s sovereign bonds are held by foreign investors.
Also, an eight percent drop in Bank Negara’s foreign exchange reserves since December will limit its capacity to defend the ringgit, according to Macquarie and Westpac Banking Corp.
Last Thursday, former Prime Minister Dr Mahathir Mohamed claimed that re-pegging the Ringgit would be one way to stabilize the exchange rate.
Malaysia previously imposed capital controls in 1998, when the Ringgit plunged to a record RM 4.885 per US Dollar in the wake of the collapse of the Thai Baht.
The crisis forced Mahathir’s administration to the peg the Ringgit at RM3.80 to the US Dollar.
The likelihood of the currency breaching RM3.80 is “not a matter of if, but a question of when,” Westpac’s currency strategist Jonathan Cavenagh was quoted as saying.
“Bank Negara’s ability to fight the stronger dollar trend is being diminished,” he claimed.
Malaysia is also at risk of a credit rating downgrade by Fitch Ratings this month.
Currently rated A-, a review is expected by the end of June, with 1Malaysia Development Berhad’s (1MDB) massive debts likely to be a major factor which will be taken into account.
Zelan 2nd , 3rd , n 4th quarterly report will get boom with higher revenue and net profit from MEENA PLAZA< DUBAI { more than 400 million }. Local projek in Pengerang , Drawbright in Terengganu , International Islamic Universiti Malaysia in Gambang , Pahang.{ Estimate more than 200 millon }. So 2015 will be another year for Zelan . Target 60 cent year end.
So, why not ppl like sapu simpan ler? If good must collect more first, simpan masuk petisejuk Later few month got over 60sen ma? Buy 1 million got free 1 million chance.. So can big invest?
news is news n bad or good depend on how u look at it...to me msian economic is sitll intect with some minor adjustment......i dont think msia will go near to bankrupcy like greece very soon.....any way bskl has been on bull cycle at least for 3 good years n it good time to have 6 to 7 months adjustment mainly due to global events such as usd bull, greece debt crisis, usa intrest rate...etc
Cramer game plan: Big deals to unfold next week Abigail Stevenson | @A_StevensonCNBC Friday, 19 Jun 2015 | 6:10 PM ET
The good news about next week, in Jim Cramer's perspective, is that the Greek financial hostage situation will soon end. And while that is good news for Europe, the bad news is that it seems to be ending dramatically rather than quietly.
"I've been proselytizing caution all day in part because this Greece situation is a bit of a lose-lose proposition, at least in the near term," the "Mad Money" host said. (Tweet This)
This is partially because Cramer does not expect any dramatic action to take place over the weekend, as the 19 leaders of European countries will get together on Monday to figure out what to do with Greece.
It is also because Cramer expects that whatever events do take place, they will produce a usual bloody beat down of the S&P futures to mimic the weakness that Europe's stock market will experience. Plus, Cramer expects that the dollar will be stronger against the euro.
The combination of both a weak euro and skittish markets will translate into a big down opening for the U.S. on Monday. But what if a deal is made with Greece?
"I wonder if we won't immediately hear from the various Fed heads that, with Greece settled, the Fed will soon raise rates. I almost expect that to happen," Cramer said.
And if no deal is made, then the dollar will continue to rally and earnings will suffer. Either way, both roads lead to a selloff next week.
So why not just wait and see? The worst that could happen is an investor misses a rally that was on top of an already gigantic one that brought the Nasdaq to all-time highs Thursday.
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....
Henly30a
192 posts
Posted by Henly30a > 2015-06-07 12:42 | Report Abuse
T Q to itjustabouttheprofit wrote an article again to reiterate the fair value of Zelan market price,the article atrracted some good respond from the forummers although not all the writing are positively supporting the turnaround achievements or even skeptic the declared profit account .The counter build up public attention is a primilary success of image developing which will contribute to the uplifting future share price with solid footing base.With the changing new image branding ,the day for Zelan is nearer and nearer !!! (this is not a buy or sell call)