If Malaysia market is safe haven, why foreign fund keeping on dumping shares and staying away? Think twice before you press the buy button! No need to thank me if you successfully cut win earlier before market crashing huge…
It's not power of EPF.....EPF don't push share prices. It's due to short covering. After shorts have covered positions, the price will resume downtrend.
The effects of high interest rates globally is beginning to take effects on sales of automotive including EVs. On the longer term, it should do well once the interest cycle is normalize in the next 12mths -24 mths.
i agree with newbie8080, and i would say that in the coming months would be an excellent time to buy an EV once manufacturers start throwing price. Recently watched a DW documentary saying that the cost of manufacturing an EV car is 50% cheaper than an ICE car, therefore they have A SHIT LOAD of margin to sacrifice. I wouldn't worry about an EV sale slowdown.
Haha James_bond only know how to shoot guns and drive fast, dunno stock one D&O net short position already started decreasing since 28th November (with only 1 or 2 days exception in between), all the way till end of 2023 and remained stagnant since
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....
James_Bond
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Posted by James_Bond > 2023-10-09 20:06 | Report Abuse
If Malaysia market is safe haven, why foreign fund keeping on dumping shares and staying away?
Think twice before you press the buy button! No need to thank me if you successfully cut win earlier before market crashing huge…