Tksw the Feds play us out. Last year say 4 interest hike. Dollar go up flying. Last Wednesday change story only 2 hike this year. This automatically brings pressure to the dollar it will continue to go down. If u notice foreign funds hv been buying like crazy in the few day. Y? Because they r sure the the ringgit will appreciate n they can make good money. FLBHD is my darling stock, unfortunately I sold it because it will continue to be under pressure.
ok so you sold 2.23.. let us also know when u bought bck....to see if you can make money... but of course don't come n tell after it has gone above the price u bought la.... like I also can say I sold at 2.92...bought back 2.02 and sold again 2.48...and bought back again at 2.09...
probability sifu, they dun care me one lar, I buy 100 units, 200 units like that, If like that oso wanna calculative, this pengoreng really small time + small gas. no power one
I purposely reveal my buying intention, but in veli small quantity, to provoke them。 Hopefully they pissed off and throw it down big time to scare me....
Purely from market's behaviour.. one can actually view FLB as leveraged by USD's strength. USD 1% strengthening...2% FLB gain USD 1% weakening....2% FLB loss.
So the lower it dips....your MOS gets higher as it gets nearer to its Book Value. As such ones decision purely depends on their long terms bets (prediction) on USD against RM which are highly dependent on Crude price.
Personally, I don't think the above correlation between USD is justified..
do not forget flbhd is one of kyy favor, it is one of the counters in his 2016 stocks competition.
this counter was used to be quiet, not much movement with good fundamental and big MOS. when kyy came into the scene, the price was pushed up by his substantial buy and joined by short term players rushing in for fast gain . now he is facing force selling with the price dropped about 30% from peak.
but do not underestimate kyy, he is not ordinary, he is a man with BIG ego, do you think he can accept the fact he can lose badly in the competition? can not even beat a nobody ah kau in the competition by the end of the year.
I strongly believe, even though ringgit strengthens, the most it can go ,will not be less than 3.8 by the end of the year,at this rate, it is still high compare with before and will still bring in good profit for the company and good dividend for the shareholders.
so what to worry if you can hold, moreover you are receiving income better then the bank can give you, while waiting for a capital gain of around 20% to 30% or even more by the end of the year 2016.
this is my dream. we must have a dream to drive through the difficult period of no capital gain and paper loss
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....
tksw
12,839 posts
Posted by tksw > 2016-03-18 13:57 | Report Abuse
Aeric sifu, U no buy, how to go up? ^_^