Strong feeling this in another IFCA in the making to run up soon over the next 2 weeks. Just a gut feel and the fact NTA is 50 sen. Look at the volume itself. I am fully invested in this. Don't ask me how much I am holding.
@paperplane I have been accumulating for the last one year from 11 cents. I am just waiting for my TP if not I have nothing to lose to continue to hold for another 3 to 6 months.
Please go to MP Corp and BJ Corp thread to see what the Singa con has talked there. Declining chocolate sales but rising cost how can PM Corp make money? Sell property? Are buyers found for the property and sold? After selling 1 property, how many more properties can be sold next quarter?
aiyah.. Pmcorp still ok what.... semua saham bolih pinya janji wang masyuk lah.... not bad what.. graham net net mah... aiyo.. all counter sama ja .... what the fuss? rileks... hiihhiihihihihihihihih
This year of 2015 will be a very volatile year. So think safety first.
You must set aside 3 to 6 months cash buffer for any unseen emergencies.
And then find defensive shares that hopefully can beat inflation due to ringgit depreciation.
This is the direction of the trend
1) Due to 3 consecutive QEs Foreign Funds from US borrowed almost free USD to invest in Emerging Markets like Malaysia. Now that there is a hint that FED might raise interest rates - these Funds are selling to return borrowed cash to US Banks.
Coupled with Oil Crash they think Malaysia is more vulnerable so they sold down Malaysia. As a result Bursa crashed 8% in 2014 while India, Thailand & Philippines got double digit growth. China did even better as world no. 2. Its stock market up by more than 45% in year 2014 - losing only to Argentina with 59% gain.
Of course the sell down was really indiscriminate - good shares were also sold down with oil and gas counters in a panic.
What should we do?
Follow fung sui. The wind of change has caused USD to return to the US. So the best would be Malaysia Companies that sell lots of stuff to the US.
Why?
1) The Shale Oil price war with Saudi has caused US petrol prices to be cheaper by 40%. This itself is a QE. Savings from gas could be channeled into more spending by US consumers
2) The Strengthening of US Dollar by 11% against Ringgit made Malaysia goods more attractive to US buyers.
This Twin Booster Should Impel Malaysian Exporters TO STEP UP PRODUCTIONS OF GOODS AND EXPORT MORE TO THE USA, EUROPE & ALL THE WORLD
Malaysian Goods are now On Par with China Due to Chinese Demanding HIGHER WAGES & The Fall of Ringgit Against Renminbi by 8%
But Malaysia HAS THE WINNING EDGE OVER CHINA As Our Products Are More Superior!
So Find Those Companies That Export A Lot From Malaysia
Should we Only invest in Companies that do exports? Again, I think we should not put all eggs into the same basket as the future is yet unknown although we can see some indicators.
We should diversify some into
a) Companies that will benefit from an influx of tourists as Ringgit is now cheap. b) Companies that have Lots of Overseas Assets - like MUI Bhd having Hotels in UK c) Companies that Will Benefit from Fall of Oil, Palm Oil & Rubber prices. Cheaper costs mean more profit
Avoid all Oil & Gas counters, Palm Oil & Rubber counters for the time being. After they all have found a floor. And with stability then they will also turn into bargains if they can survive the carnage.
I!m investor of PMcorp holding quite a bit of which I bought average price of ard 33 sen when it went down to 17cts I also never blamed anybody but kept reading this blog to see how childish someone's comments were. Anyhow any fools can sell at today's price and can walk away with a gain and stop cursing and bad mouthing about others. If you have nothing to contribute in this forum then don't say a word. Keep on reading. By the way Calvin gd luck bro Happy New Year. Wish all readers good luck and Happy 2015 cheers
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....
esl_22
1,719 posts
Posted by esl_22 > 2015-01-02 14:40 | Report Abuse
Thx Calvin.