When market is good,everyone cheers for flbhd, when market no good, everyone starts to talk bad about this counter, what kind of forum is this?no stock is forever up or forever down, it is very normal scenario. if strenthening myr is the only factor to caused flbhd share price drop then you are damn wrong. usd is only one of the factor, panic sell play a vital role here especially contra kaki. once everyone has digested the forex news, everythings will back to normal.just remember, share prices up and down is actually fully controlled by people like you me. you panic sell, price drop. You confident about the situation, and overly buy, share prices fly...don blame weakening usd, blame those who did the panic sell.... to some investors, they are actually seizing this oppotunity to buy more at such cheap price bcoz the company is doing good and the recent share price drop is caused by panic sell and contra kaki... from the deepest of my jeart, i really pity those who play contra.
As chl1989said, this is bursa stock exchange not genting "big small"...you wanna make this share price fly then you be the banker, otherwise just be patience... profit making company, high dividend, you will be rewarded as a royal business owner but not contrarian... good nie... enjoy everyone....life is great... woohooo.....
31 March qtr result not bad. co have forward exchange contract to hedge their USD exchange. so the USD/RM will still above RM4+. subsequent qtr is yet to be seen, and RM may go down again as our Bank Negara change head. Political issue giving unstable image and oil may be weakening. Last checked FLB production line is still as busy as usual.
there is no strengthening of ringgit.....there is a recent weakening of US$ against all currencies. The next crisis, the US$ will quickly strengthen sharply.
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....
KG1967
409 posts
Posted by KG1967 > 2016-03-31 16:11 | Report Abuse
this is finish, nothing will happen, run first before getting seriuos injury