Posted by alx > 2013-06-24 17:09 | Report Abuse

I am no sifu or guru, but our market is way to high due to foreign buying prior to election. Even during election and after election, they still buying. More than local funds / institutional. Below is one article from Nazir (CIMB CEO - najib's bro). It might or might not be the case. Not too sure but if these foreign money starts to flow out, it will be quite significant. On friday, the 6 stocks that plunge already give us signs on how volatile the market has become...

Just my sharing. I also need more guidance from others cos I still holding some stocks

http://www.theedgemalaysia.com/business-news/242604-nazir-foreign-hot-money-leaving-asia-soon.html

Posted by cheebai > 2013-06-24 17:21 | Report Abuse

thanks alx. u r better than those sifus that say today mkt bullish. bring so many to holland. u know who lah.

Posted by Stock Operator > 2013-06-24 17:23 | Report Abuse

cheebai u referring to remiser ooi?

Posted by cheebai > 2013-06-24 17:24 | Report Abuse

spot on. one more fella la.

Posted by Stock Operator > 2013-06-24 17:25 | Report Abuse

remisers/ bear or bull they also profit as long as u continue to transact/

Posted by cheebai > 2013-06-24 17:27 | Report Abuse

sifus, stock market experts who posted market bullish statement pls come out and apologies to everybody who got influence by your stupid opinion and now on the way to holland.

cannot be so irresponsible, when prediction correct come out take credit, recruit students/newbies. and when disaster in prediction, hiding in toilet. be a man!

Posted by King Kong73 > 2013-06-24 17:29 | Report Abuse

sell...sell...cut loss

Posted by anbz > 2013-06-24 17:29 | Report Abuse

your name sir...i mean your nick name...what the...???

Posted by cheebai > 2013-06-24 17:33 | Report Abuse

i mean the gurus are.

Posted by sean > 2013-06-24 17:36 | Report Abuse

How? Shd I hold?

Posted by Stock Operator > 2013-06-24 17:39 | Report Abuse

toss a coin better

Posted by arv18 > 2013-06-24 17:41 | Report Abuse

hahaha ... that is actually very good advice.

Posted by limsze > 2013-06-24 17:46 | Report Abuse

I am no guru and cut loss in let go some stocks today. The outflow from emergin market is very strong due to FED tapering. How much Malaysia market would be effected, I am not sure. Anyone could share some info on how much foriegn fund in Malaysia. As for Indo, Thai, Jap and Philine, there are dropping two to three percent daily. China drop more than five percent today. Be very careful with the market in comeing weeks as Nazir said.

Posted by arv18 > 2013-06-24 17:48 | Report Abuse

good to time to go shopping. the Grand Bursa Sale is here. Maybe only for 2 weeks to 1 month (if lucky)

Posted by arv18 > 2013-06-24 17:49 | Report Abuse

prepare your shopping list BEFORE you go. otherwise you might buy some unwanted rubbish

Posted by alx > 2013-06-24 17:54 | Report Abuse

Limsze...yes..China is dropping significantly...I've cut loss on some stocks. .still holding more solid ones but these also fall. .no one can predict market but all the signs is pointing to a volatile market globally

Posted by Micheal Teo > 2013-06-24 17:59 | Report Abuse

Many punters n investors don't have confidence in China based shares... Y? Perhaps,the management team at helm lacks intergrity. Classic examples are HB GLOBAL n CSL. Hopefully, the audited FY results reflect the true fiscal health of both the said Cos.

Posted by arv18 > 2013-06-24 18:03 | Report Abuse

google Muddy Waters, Sino Forest, Bronte Capital, China Frauds

Posted by arv18 > 2013-06-24 18:04 | Report Abuse

also Reverse Takeover China Fraud

Posted by arv18 > 2013-06-24 18:05 | Report Abuse

also China Accounting Fraud, Audit Fraud

Posted by alx > 2013-06-24 21:14 | Report Abuse

Further signs hot money is flowing out of Asia

http://finance.yahoo.com/news/china-shares-suffer-worst-day-092146625.html

Posted by iafx > 2013-06-24 21:23 | Report Abuse

china issue is more about it's internal control

Posted by benhctan > 2013-06-24 22:58 | Report Abuse

China meltdown-rapid growth after many reforms and trade liberalization,currency unpegged but done artificially.

"Easy money" policies started to slowly became the norm and China kept interest rates artificially low for the state-run banks. The politically connected could borrow at these low rates and re-invest with much higher rates of return. This created major incentives to invest in real assets, which then fueled inflation across the economy.

The artificially low rates also helped create a large "shadow banking" system aka Ah Long (our Malaysian shadow bankers)

There's a good chance that the deflation of the Chinese asset bubble will also be the main driver behind the next emerging market crisis.