I reckon "export stocks" theme to be a better bet in the near term. I still see USD to remain strong as indicated by US economic/jobs data just days ago while MYR to be weak and could get weaker further due to mainly on domestic political risks. One such early signal of a potentially weaker than expected MYR in the near term is the sudden "abortion" of the IWH-CREC-Bandar_Malaysia deals. If I'm right, the MYR could trade lower as the 1MDB scandals worsening in progress.
Bet on it earlier based on fundamental projections and available data but not when promising data are out. We will see Heveaboard's results in 2 weeks time so stick to your gun. Cheers!
Those who bought at this level(including me) can't lose much but stand a chance to gain at least 15% profit in near term not forgetting 2.5 cts dividend,so why wait?BUY!BUY!BUY!
This price fixer also worry if they press down too much,those genuine investors (cold eye like) will come in to buy in big volume,it's not easy to manipulate this counter and those culprits are in fear of losing big,they won't sell much unless force too,they can only hope to scare speculators/weak holders to sell and lower the price,let's see who will win at last!
Those who speak loud and fraud ady win liao...usd rise price down, usd drop price oso down...somemore big fish pushing down story comes out oso...Wahahaha...
I am calling out buckbunny who has been attacking this stock since last year. He said this stock is lousy and going to Holland yet he is still here almost everyday stalking.
A case of spurned lover telling people the girl is ugly???
If you recall,hevea once dropped to 1.05,situation was much worst than what's happening now.At that time,hevea was attacked by Robert and the gang,they came out with all sorts of rumours trying to sabotage hevea,those rumours were even supported by their so called evidence,but hevea managed to survive those attacks and surged to as high as 1.58.Look at the current situation,nothing bad except some negligible baseless noises made by few nobody.So,don't be distracted by the price fluctuations.USD was way above 4.40 during 1st quarter,hevea should do well and achieve profits higher than 21 million.Cheer up,guys!Think about the 2.5 cts final and the coming 1st quarter dividend,ok?
I am not agree with ShareRich,you cannot buy a stocks by predict the RM currency..Oil price is on up trend now.Also not by Hevea is an export company,,there are still a lot of better other choices of exports counters from the board.
Stupid buckbunny doesn't understand macroeconomic. Oil price is on downtrend. R u seriously blind? Oil price couldn't even hold onto 49.00 and dropped to 44.00 while hovering around 46.00 only now. More bad news are hitting the oil markets.
Buckbunny, I welcome u to debate with me if u dare because u do not understand the oil markets enough. The saudi king even has to go on tour around the world to invest his money elsewhere to diversify and more importantly diversifying its economy away from oil sector. Don't tell me u don't know these. If so, u are in the dark room.
currency above 4.20 already become bonus for the company, the value of entire biz has been increased. so we are no needed to care about currency as long as it still stand above 4.20, we just look at the revenue and how much it can return to the shareholder, ROE, dividend, asset and liabilities and so on.
if you look for short term and think it will up, then you better sell it, but that is brainless for those who want to give up and sell at current cheap price, currently it just gives you chance to accumulate more stocks, keep for few years or even whole life, with continue buying if the price is still undervalue, looks for look term in order to get good return.
probably bunny just a guy who never hold a stock more than 5 yrs, he dont know what is called long term investment, i suggest you go to study and refer to Warren Buffett before you do investment.
Buckbunny, u married your wife and it may not be the best choice so u divorce her but it comes with a price as consequences. Think about what u said before u opened your mouth next. Anything may be not the best choice either and that's life with a choice.
The coming result you will see whether it is worth to invest or not, don't worry mr buuny, Maintain EPS 6 is very good, more than that company is well doing. EPS 6 x 4 quarters a year. EPS 24 a year. based on PE 10, Price 2.40 ...wait and see... it price deosn't up it's also never mind, i will continue accumulate to wait another 10 years. who care's...
Bunny lost a lot in hevea previously,that's why he is cursing hevea day and night.Come on,Bunny!Let it go and we can make money together,why create hatred?
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Posted by specter > 2017-05-06 07:26 | Report Abuse
I reckon "export stocks" theme to be a better bet in the near term. I still see USD to remain strong as indicated by US economic/jobs data just days ago while MYR to be weak and could get weaker further due to mainly on domestic political risks. One such early signal of a potentially weaker than expected MYR in the near term is the sudden "abortion" of the IWH-CREC-Bandar_Malaysia deals. If I'm right, the MYR could trade lower as the 1MDB scandals worsening in progress.
Check the specific US jobs & manufacturing data:
https://www.fxstreet.com/economic-calendar
http://www.cnbc.com/2017/05/03/fed-to-markets-june-rate-hike-coming-your-way.html
MITI just gave a projection of 5% annual growth for Malaysian exports in 2017. As long the MYR stays weak, exporters are doing great or better.
http://www.theedgemarkets.com/article/miti-malaysia-track-achieve-5-export-growth-year
Bet on it earlier based on fundamental projections and available data but not when promising data are out. We will see Heveaboard's results in 2 weeks time so stick to your gun. Cheers!