Not bad leh, closed above 50 cents today. No matter how loud the dogs like Moneymaker, Huatrex, Jerichomy and his gang bark , it still cannot come down to 30 cents.
BUT , comrade all , listen me , potential stock , why not to WAIT ... for me , worth awaiting ..... similar TACKLE YOUR WIFEI stamina ..... the LONG , the BEST .
Government have revised the Stamp Duty capped amount at Rm1k. What do you think? Do this effort sufficient to encourage foreign fund back to KLSE? Refer link provided below.
This why I said we have a fooorkinh assss holllllll gomen roti prata number 1 . Never use the cow brain to think before implementing anything. Implemented something that caused damage, now reversed gear. Bodoh
The new rule to increase stamp duty rate to 0.15% with capping at RM1,000 is not a good move by the government. This will reduce the volume of transaction in KLSE especially to the traders. KLSE is already ignored by many fund managers, this increase will make the situation worse. Thank you.
There is nothing wrong with the correction and this has been highly expected when the Covid-19 vaccination ramping up and cases started declining steadily and finally Malaysia reopening the economy. Other bourses have gone through the same process. The precedent is clear elsewhere and funds are kicking off in ASEAN. The signs were already obvious beginning of the year when overall Bursa value start shrinking even before the release of Government budget assistance announcement related to securities industry. That news only expedite this imminent correction before a proper Bursa sentiment can form again on the right foot.
We ought to know that this stock market is traded at the mercy of unexpected Covid-19 disaster. All type of investors raked their savings to participate in Bursa when all sorts of entertainment expenses and expenditures stopped and was restricted at home out of a sudden. Soon reality set in that bank savings depleted and most of the investors and traders are called back for duties. Less time spent on trading and investment. In addition funds and big fellas taking a long break and music chair stopped leaving many stranded behind. 7 left with no seats and not 1.
This stock market correction is a must in order to prevent further retail massacre and confidence. Stamp duty increment and other taxes will not halt the Bursa long term game if investors and traders understand and follow the historical of Malaysia stock market. GST implementation didn't affect Bursa either due to the low capitalization and insignificant contribution compared to others. Anytime foreign funds can shake the boat again. Let's observe the value closely and this time around the return shall be limited. Recovery and political themes stocks and gloves should be the focus for next year. Don't think about 50% but 15-20% should be decent enough in this trying time. Another 10% will be a bonus. Many liked to highlight about figures and facts but common sense is equally important in any form of investment in Malaysia stock market. Thus do not blame the Government initiatives but instead of trying to be contented with a decent profit and healthy return compared to other forms of investments.
Keep said help a lot people at i3? Correct or not. I see so many ppl hate u, confirm u make ppl loss money ma. U think u as GOD always win at share market?
Silent doesn't mean a thing but action is everything. Najib is also kind and humble until we know what is at the back. If trapping high and just focus on the way out. If proving a point in public forum without obligation and cencorship is not garbages and empty then what it is ? Of course everyone can talk. Hah..
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....
Colgate
7,640 posts
Posted by Colgate > 2021-12-28 18:35 | Report Abuse
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