Still hv space to consolidate due to uncertainties.. Not the right time to reload my bullet today is Fri, shall wait for nxt week using the TOUCH & GO application.
Be patience n standby yr bullets for nxt week Touch & Go. At present long-term investment is not applicabe, must change strategy to suit the current enviroment.
Marcus Beh:why so hurry wanna to go in, still got plenty of time for property to readjust as the RM down, most investor will withdrawn their interest in our country property.
Now is those involve in export business like glove will be up up up up mode.
trust the target price will be die, RHB, TA etc, all the professional researcher make a lot of analysis ...we wanna share a cup of tea with them...man man wait...lolz
Our FBM KLCI will further consolidate in the coming months due to the following:-
(1)Increased outflow of foreign funds in this region.
(2)Further currency depreciation in the coming weeks. The main threat is coming fr INDIA & INDONESIA.
(3)Threat of increase yield in bonds that will affect our interest rates.The 10 year bond yields r soaring across the region in the past weeks n if not contained will provide bigger threat to the real economy.
(4)There is no firm policy guidance fr Central Banks in the region including Malaysia n most importantly facing limited monetary tools. As a result they r intervening in the foreign exchange mkt by selling dollars to prop up their own currency.
Even our Bank Negara sold several billions of USD to prop up our Ringgit last week, causing jitteries among the foreign investors.
(5)V r going into the 2nd stage of the CRISIS n this is where volatility in financial mkts is heightened. Events can take a turn for the worst in a short period of time where the contagion effect can spread like a wild fire.
Hence it is advisable not to accumulate stocks for longterm strategy n 2b safer the 'hit & run' formulae shall b more applicable during this period of uncertainties. Furthermore it will reduce the risk of being 'burnt', cash flow being tightened & will not hv the funds to accumulate more stocks at a steep discount when the BEAR has been slaughtered by the BULL.
malton 3rd quarter only RM 0. 0036 per share...yet it moves up??? u tunggulah hukum karma...haha...absolutely good perfomance then bad...so mostly just goreng
My sincere advice to all our readers is that whatever forum comments written here r not recommendation for u to buy or to sell any security. U must hv the knowledge to do some research to analyse the stock that u intended to buy or sell. Ultimately the decision to buy or sell any stock lies with the individual becos it is yr hard earned money n u shld decide yrself n not 2b influence by any party or parties. There might b some bad guys who purposely created false n unreliable forum comments either hoping that investors after reading their negative news might become fearful n force to sell their stock, n the other party could buy at a lower price. Or they will create positive n tempting false forum ccomments hoping to attract more buyers on that stock to achieved their selfish intention n to sell at a higher price.
SO PLS DONT LET THE FORUM COMMENTS HEREIN TO INFLUENCE & DECIDE ON YR INVESTMENT STRATEGY. U R THE BOSS & U HV THE ABSOLUTE RIGHT TO DECIDE ON YR OWN.
55880955 Prevention is better than cure. The crisis is a global phenomena n if US sneeze the whole world will catch cold or if India or Indonesia is in crisis the contagion effects will also spread to Malaysia just like the 1997 Asian Financial Crisis started fr Thailand n spread rapidly.
wait till quarterly report out only decide worth to go in or not. As this year budget are concentrate on providing affordable house. How Malton wanna to provide affordable house???
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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....
nicky
3,356 posts
Posted by nicky > 2013-08-23 14:58 | Report Abuse
lousy... cannot compared with LBS