ya it will surely rebound as I dun think Malaysia is getting stronger, the strengthening is just due to US is a bit poor recently...with this corrupted gov and low oil price...it will bec to 4.4 level soon...
local consumer spending also good for furniture stock... and also if US housing also increased .. furniture stock also benefited.. in a nutshell forex gain is just one of the factor
Oil is still oversupplied. Iran won't listen to Saudi Arabia to cut supply, just lifted sanctions on Iran. Russia die die want to cooperate with Saudi Arabia. Saudi Arabia to cut oil production will risk their oil market to Iran and US.
base on RM 4.40 to USD 1....it has strengthen by 5%. Unless we predict RM strengthen further to be below 4, then there will be a significant difference. Hovering above 4 will still being po huat a good margin in earning. Not that I wish RM to be forever low but current sentiment for Malaysia is not rosy especially with Malaysia political issues. Many reputable financial magazine talking on our beloved country. By the way, does TPPA benefit pohuat? I believed it should.
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....
mamatede
3,950 posts
Posted by mamatede > 2016-01-28 16:28 | Report Abuse
More money from less payment to epf. Hopefully more local consumer spending will boost this up