Let the sky fall down...who cares...what is 4.1223 ????? BNM says Malaysia's fundamental is strong. Just buy less import stuff...buy local products!!! Support buy Malaysian campaign....!!! Boycott anything import ..then nobody cares about the exchange rates...no need to travel...just cuti cuti Malaysia...eat local products...no more imported food...hahahaha
my opinion: this is a market sentiment with China crisis plus our domestic issues. To add, the weakening of RM. But for me, as long as the company is operating well, still in business, no issue being encountered, then let it be. If want to cut loss also no point because it's our hard earn money. cant afford. so let it be.. hopefully one day will rebounce. How low this counter can go? this is the lowest already. Not affected much. Other counters which are really affected are from financial markets..
So lets pray hard for our ctry! merdeka is coming and also the malaysia day. hope there is a light from God..
Maybe now only true investors are investing in this counter.. Very easy to push once the market is back. Even today klci down 30 point, with lower RM and last trading day for this week but still has good support. Hope next week will be better and less contra player..
just a word of caution. i have been through thick and thin ,the 1993 super bull market and thereafter the total collapse. the present scenario is not conducive to hold. holding power will suffer the heaviest especially with so many negative elements around. believe me there is no way you can fish in choppy and troubled waters now. cash is king. dont throw caution to the wind.
the total collapse was the whole world market. but this time is not. only china's devaluation of its currency plus our internal problem. us ccy is strengthening.. i agree with some that this counter is at the bottom already. never expect to be lower. now it's time to buy and keep for long term investment. i would say, this is an investment opportunity
There will be no interest rate hike in the US in September. With the stock market and bond market tanking, there is no way the Fed going to risk an interest rate hike. It will be postpone.
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....
Peter123
2,125 posts
Posted by Peter123 > 2015-08-13 16:30 | Report Abuse
Good luck to All....