i think tomorrow klci will gap down, as you can see this is a fake up push by local, they only choose few shares that easy to push up to make the index upside
When i look at HB and CO, my mind cant stop wonder what the heck is ppl thinking really? HB down when klci down? CO up when klci down? Down in HB could be a correction from high premium.. But CO...? as much as I like these 2 counters, CO had becoming more and more risky..
Now CI is just 10% off the peak... if can rebound from here, wouldnt it be great. KLCI has been on uptrend for 6 whole years... with the plethora of problems, low oil price, high inflation, low CPO, high USD, 1MDB if CI drop stop here, would be very pleasant indeed!!!! Hope your optimism is well placed, Raptor!! I hope so too.
crossroad,i do not based my judgement on emotions :) pls check oil is rebounding now,so is dji futures,so is saudi stock mkt..i base my judgement on all these and more.
As I am still very much in stocks, I have no problem with CI rebounding. But, as an accountant, I can see many structural weaknesses in the malaysian economy... the strong USD means foreign investors may sell whatver is left, mind u, now USD is 1 to 3.60 or sthg, and according to HSBC, they think RM will weaken further... about 50% of Malaysian GDP is on the black and green gold, if such weak prices, even rebounding, it is a far far away from the USD100 not too long ago. Regional markets may be green, but we have our own domestic problem. A good example is shanghai - all the past 6 years while we enjoy the bull, it was in a big bear market. How I wish the regional optimism will also flow into Malaysia - that will be great!!
damagpie,you have a good heart...but do you think even if you buy 10 mil units 0650hb bursa will crash cos of your action...no la my fren...hb players are not to be blamed,foreigners did the selling of bursa stocks la.
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....
Calamity~
175 posts
Posted by Calamity~ > 2015-01-07 17:18 | Report Abuse
so now hb cheap or not?..