The recovery in domestic-oriented sectors will drive the improving development trajectory, as practically all economic and social sectors return to normality as a result of Malaysia's high vaccination rate and speedy distribution of booster injections.
According to Bank Negara's Economic and Monetary Review 2021, reopening international borders will promote the revival of tourism-related businesses and reduce areas of foreign labour shortages in the local economy.
Meanwhile, the governor of the central bank, Tan Sri Nor Shamsiah Mohd Yunus, stated that the central bank's present monetary policy stance will remain supportive in order to assist economic recovery and maintain price level.
According to Mordor Intelligence, Malaysia Construction Market is expected to grow at a CAGR of approximately 6% during the forecast period 2022-2027. Hence, hold for the breaking out.
@JJPTR: AGESON 20:1 reduction ex on Apr 12th. ex price 30c from 1.5c Now it is 19.5c Next few months will be 10c AS more ESOS/RI/PP announced,price will drop further to 2c again. TAKE YOUR MONEY AND RUN BEFORE 2C arrrive. Now is 19.5c You will not regret
BLee: Hi Bro @JJPTR, AGESON 20:1 incorrect, it is 15:1. The RI is 2:1 and a subscription of 20sen whereby 3 major shareholders will share a 'ship' of RM10mil worth… You think these 3 major shareholders let the 'ship' sink to 2sen?
@whistlebower99: Operators might goreng down if not easy to goreng up Either way they will make profit
BLee: Hi Bro @whistlebower99, please 'teach' me how to make profit if you spend RM10mil subscribed at 20sen RI and can earn if you sell below that price? For ways of gaining with this RI issuance, I have sold AGES-OR and used the $ to buy AGES-PA at 3sen and 3.5sen; in paper gain now. I might post my trade after realizing the gain…So RI and consolidation might be able to make a small profit to compensate for the losses in mother shares prior to the exercises. Happy Trading and TradeAtYourOwnRisk
Market sentiment behaves like wave, sometimes good (driven by good government policy etc) or bad (driven by bad statistic of indexes, e.g. bad CPI, PCE). Today's asian markets are closing green, hence stipulated.
Market sentiment skewed to optimistic for now I think. Wait for PCE index this Thursday ba. Expected it will lower down a bit, then the market will be very green afterwards. Haha.
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....
CarolineTeoh
192 posts
Posted by CarolineTeoh > 2022-06-20 22:47 | Report Abuse
Yup. It will be goreng up if the company announce good news