in fact i should say those fund managers that had invested overseas should liquidate their position and change to RM , and buy Malaysian stocks , good cheap under value stocks, double whammy bonus , got plenty of rm after xchange and to buy rock bottom share price here... Malaysia economy still intact and many co are healthy with good dividend and growth potential.. just my 2 sen opinion.
That was what happen friday morning BurSa initially lost near 20 pts when Dow jone drop 200 plus thusrday. Will see what happen monday morning . I bet initial drop would happen but our fund managers will keep buying because kwap have sold earlier like kwap in fgv. If The same thing happen i bet our klci will put . But other counter like ksl airasia in main board n other will drop because of fear , herd emotion . But i would say klci is well beaten n stay put n reversing soon
my 2 cents: the local institution foresee the sell down in this month, so it's quite a right thing for them not to support when it was above 1600 level, they just let it dipped until 1500 level then only begin to support. I think Monday might see what happened on Friday: dip until 1550 then bounce back
This market rout now especially related to index counters are for the big fund managers routine action and play . They have the shareholdings to short and watching the indicators to trade and the fund to enter . What important for them is actually the profit in going in n out beside dividend. Of course this applies to good solid counters.
Sell cheap: Big Sharks HAPPY. Clowns will make fun without waiting for Quarterly ResulTs: Someone predicts... oooo evryone runs; many astrologers ... not all know what will happen. Can only Guess from HISTORY...whose.. HIS/HERS.
the qter results not too bad there is profit , increase in revenue, slow and steady, with recent proposal to inject and increase capital at 38 sen should bode and boost well the share price
The volatile earnings is caused by their environment division.. they had a few major contracts last year including a big one for aKLIA. Absence of tht dragged down earnings this quarter...
FA is still solid . in fact NTA is 40 sen now, net cash position excellent, 73m receivables from concession business, Recent proposal for expansion without raising loan , minimal debt. TA . this counter has been swinging from 27 to 49.5 several times , there is velocity, there is play . there is the volume to participate. free floats around 90m only. Now TA give signals to collect and accumulate ready to scale back to at least 365 . Now FA would further accumulate to average and reduce the floats....net result greater velocity to up with thin volume ....ready for turbo charge speed ki ki ki
furthermore if u search Awc in Bursamarketplace, all paramenters--momentum, valuation, growth, efficiency and quality are ranked no. 1, although i dun really know how they determine it, i think should be good lo, cffo also not bad what.
the last catalyst would be Icon write it, then it will rise, then i will sell it, juz kdding.....
Just look at the trade statistic yesterday published by Rhb . The foreigners were buying . The local retailer n institutions were sellers ki ki ki. Our stocks are cheap cos rinngit is cheap and strengthening , wake up follks why sell to foreigner cheaply what would drive the price lower ? . Come to your senses. Foreigners are coming back . Do you want to re enter at higher price when those foreigner set the uptrend . Ki ki you will again get caught again in their game .
will see the next two qter reports, whatever it is time to collect under FA , TA wise it would be trending with a few roller coaster rides with TP. 65 sen by march..
there is not much stock available till around 42.5.. that why only with thin volume price can easily shoot up.. . mostly already in the hand of FA .. TA players and contra players can easily ramp it to 43 kikiki .. just ..watch out .. ki ki ki
Introducing MY's First IPO Fund for Sophisticated Investors!
MQ Chat
New Update. Discover investment communities that resonate with your ideas
MQ Trader
M & A Value Partners IPO Equity Fund has been launched - Targeted 13% Return p.a
Latest Videos
0:17
New IPO: Winstar Capital Berhad, a specialist in the extrusion of aluminium profiles and fabrication of aluminium ladders aims to list on the ACE Market!
MQ Trader 46 views | 9 h ago
0:17
New IPO: Topvision Eye Specialist Berhad, specializing in medical eye care services aims to list on the ACE Market!
MQ Trader 43 views | 3 d ago
0:17
New IPO: TMK Chemical Bhd, a provider of total chemical management of inorganic chemicals aims to list on the Main Market!
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....
tlbeng
905 posts
Posted by tlbeng > 2015-08-22 16:38 | Report Abuse
somchik, thanks for sharing your thoughts
appreciate your sharing