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.
I think there are similarity between JAKS past history and WCE. Both have delayed mega project, both needs a lot cash injection via RI or PP, both have very nice *projected future earning* story.
JAKS share price collapsed at the end and now only the project started generating profit but yet the share price still at the bottom. I'm thinking to lap JAKS now FYI 🤣
Uncle KYY said "investors must not buy in anticipation of future profit". There are a lot counters with real profits now. Jaks also generating profit now but no one interested already.
If I am not mistaken, the share price of the major shareholder of Plus was sky high when Plus was listed in KLSE. I just cannot find the document to justify my statement. Can anyone here please help ?
speakup sifu, What is the share price of the major shareholder of PLUS when PLUS is first listed in KLSE ? Maybe we can use this example as a reference. I cannot find this document. Please advise.
Posted by Zhuge_Liang > 19 minutes ago | Report Abuse
If I am not mistaken, the share price of the major shareholder of Plus was sky high when Plus was listed in KLSE. I just cannot find the document to justify my statement. Can anyone here please help ? ----------------------- The below good sifu can help !! ValueInvestor888 rchi Johnzhang skynet2000 speakup Thank you.
That was 40 years ago. I remember NSH was under Renong group then kaput and restructured to UEM group then kaput again, restructured again then separate listing of PLUS highway baru started got profit.
If you put same amount in Public Bank 40 years ago, already goyang kaki loh.
The share price of Renong collapsed after 2.3 billion scandal. The share price of Renong was sky high when Plus was listed. I just cannot find this document to justify my claim.
It is very dangerous to bad mouth WCEHB now. You will be back fire upon completion of WCE in 2024/5. In the stock market, it is the matter of future earning. Stock market is always ahead of economy. My 2 cents comment.
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....
Felix888
3,368 posts
Posted by Felix888 > 2023-07-31 15:08 | Report Abuse
I having fun here because some of the blower here kutuk my counter. I'm here kutuk the counter they are blowing.