If you invest the company based on the foreign exchange gain / loss instead of operation.Then, I would suggest you don't buy this counter as this counter is highly affected by the currency exchange. However, if you buy due to the operation. You may choose to average down.
riskabsorber Based on latest quarterly result of SAM & FLBHD. My view is the foreign exchange gain really doesn't attractive enough to buy such counters. Eventually, next 2 quarters will see drastic correction after MYR strengthening. 23/02/2016 07:00
riskabsorber True, FLBHD is doing well operationally. In term of currency exchange, export counters will not benefit in long term due to the foreign customers will take this opportunity to bargain for lower price or postpone the payment that will increase the receivable days. 23/02/2016 10:20
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....
bagus
371 posts
Posted by bagus > 2016-03-06 10:03 | Report Abuse
wat a stupid komen, just becos OTB is bullish abt it!