Undervalued Stocks
Another KOON YEW YIN stock that can gives you 700% RETURN LIKE LIIHEN ????
Liihen shoots up 700% when USD/RM was 3 and went all the way up to USD/RM 4.40
Does anyone anticipated the strong depreciation of Ringgit?
Now RM might be reversing back from 4.40 all the way back to 3.00
Again who really knows?? Anything is possible, especially RM already appreciated from USD 4.50 to USD 4.07 (Today)
Below URL, one Chart master predicted the continuition of strong MYR appreciation.
The potential stock could be TEO SENG, a recession proof consumer stock and beneficiary of strong RM as 74% of it's operating cost is in USD.
So let's sit back and see if Ringgit can continue and continue to appreciate.
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Discussions
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Can ringgit appreciated back to USD 1: RM3?
Possible! When Malaysia experience surplus budget consistently and the surplus continuously at least 3 years ...
Judging from our inability to generate more new sources of revenues and our poor track records in cut down our operating expenses ....i think realistically the best case is beyond the next 5 years.
2019-03-20 06:04
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Ride The Bull Short The Bear
CS Tan
4.9 / 5.0
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....
Fabien Extraordinaire
If ur prediction on MYR is correct. U are better off by shorting USDMYR.
2019-03-19 14:12