KL Trader Investment Research Articles
Zeti: Malaysia is resilient to weather market’s volatility
The Bank Negara governor, Tan Sri Zeti Akhtar was reported in The Star article today (Tuesday) that she is unperturbed with the possible downgrade by credit default swap (CDS) traders as she believes Malaysia is still resilient to weather the current market’s volatility.
Commenting on Bloomberg’s recent story that Malaysia deserves a junk status by the CDS traders, Zeti said that all sorts of things were said about Malaysia during the Asian Financial crisis. She was quoted to say “During the Asian Financial crisis, all sorts of things were said about Malaysia. But in 1999, less than a year after the crisis, we went to tell the world our story. This is what we must do, so investors will look at how we assess our situation and they can make their assessment then.”
Separately, looking at the declining ringgit, Zeti mentioned that Malaysia was not affected by the high volatility of global developments. She said in the same article, “What is important is that we have strength and resilience to ride it out. Of course we’ll be affected. From time to time, the ringgit will recover and then there are other developments like China and the Middle East and the United States.”
She also added, “It is challenging for business and people that exposure to currencies, for people whose children are studying abroad. But we do not have any particular level, because this is not a static environment, it is a dynamic one. Other currencies are also adjusting, so we cannot keep it at one specific level.”
Yesterday, the ringgit weakened against the US dollar, touching a fresh level at RM4.4065. Meanwhile, the FBM KLCI index reversed last Friday’s gain, closing 0.4% lower at 1,608.43 points.
Source: Macquarie Research - 29 Sep 2015
More articles on KL Trader Investment Research Articles
Mercury Securities values Main Market-bound MKH Oil Palm at 80 sen
Created by kltrader | Apr 12, 2024
Discussions
Be the first to like this. Showing 11 of 11 comments
Ya ke?
when RM3.60 to US$1, already say undervalued.
RM3.80 to US$1, still say undervalued.
RM4.00 to US$1, still say undervalued.
RM4.20 to US$1, still say undervalued.
RM4.40 to US$1, still say undervalued.
sampai bila? RM10.00 to US$1 baru bangun dari denial-syndrome?
2015-09-29 10:18
WHOA!
ONE ALMIGHTY SINGAPORE DOLLAR IS NOW WORTH RM3.13!!
NOW A 2 ROOMS 1 BATH 99 YEAR LEASEHOLD FLAT IN SINGAPORE IS WORTH A FREEHOLD BUNGALOW HOUSE WITH SWIMMING POOL IN ISKANDAR JOHOR
WHAT DOES IT MEAN?
IT SHOWS THAT MALAYSIAN RINGGIT IS GROSSLY UNDERVALUE. OR MALAYSIA ASSETS ARE NOW GROSSLY UNDERVALUE AND NOW IS A SCREAMING BUY!
THESE ARE THE SALIENT FACTORS OVERLOOKED
IMDB PROBLEMS ONLY RM42 BILLIONS BUT MALAYSIA HAS RESERVES OVER RM300 BILLIONS. RESERVES FROM 17 YEARS OF TRADE SURPLUSES SINCE 1998
MALAYSIA IS NOW A WELL DIVERSIFIED EXPORTER OF MANUFACTURED GOODS AND SERVICES.
THE CRASH OF RINGGIT HAS MADE MALAYSIAN GOODS SUPER COMPETITIVE - WILL OVERTAKE EVEN CHINA AND MALAYSIAN EXPORTS WILL TAKE THE WORLD BY STORM.
WHY IS IT SO?
ANSWER:
A PROJECTED WHOPPING FDI OF RM54 BILLIONS IN ISKANDAR IN 2015 FOR AN MUSHBROOMING OF FACTORIES - TRANSLATING INTO MULTIPLIED HUNDREDS OF THOUSANDS OF JOBS!
SO THE PESSIMISM IS GROSSLY OVERBLOWN
CONCLUSION:
THE RINGGIT IS NOW THE BEST BUY IN THE WORLD
ISKANDAR LANDED PROPERTIES ARE THE BEST BUY IN THE WHOLE WORLD
NEVER BEFORE HAS SUCH DISCREPANCY OF VALUE BETWEEN SINGAPORE AND JOHOR
DON'T MISS THIS ONCE IN A LIFE TIME OPPORTUNITY TO INVEST IN ISKANDAR
HEAR YE! HEAR YE!
2015-09-29 12:21
NO WHERE ON PLANET EARTH OFFERS SUCH AN OPPORTUNITY
NO WHERE IN THE WHOLE WIDE WORLD WHERE YOU CAN BUY A HOUSE FOR CASH BY ONLY ONE SHORT YEAR'S WAGES
EXAMPLE:
WORK AS A FACTORY WORKER IN SINGAPORE FOR S$2,000 A MONTH
OR S$24,000 A YEAR S$24,000 EQUALS TO RM73,000
YOU CAN BUY A LOW COST HOUSE IN KOTA MASAI (ECOWORLD) FOR ONLY RM50,000
(IN KL BKT ANGGERIK COST IS RM330,000)
OR WORLD IN SINGAPORE AS A MIDDLE MANAGER FOR S$5,000 (RM15,500)
ONE YEAR IS RM186,000. YOU CAN BUY A SINGLE STOREY HOUSE IN KOTA MASAI IN JUST ONE YEAR'S WORK IN SINGAPORE.
NOTE: A SINGLE STOREY HOUSE IN SRI DAMANSARA IS WORTH NOT LESS THAN RM500,000 (IN BANGSAR EVEN WORST - RM1.4 MILLIONS!)
SO SEIZE THIS GREAT OPPORTUNITY
GO SINGAPORE AND GET A JOB
BUY THAT DIRT CHEAP PROPERTY IN ISKANDAR
THIS YOUR CHANCE OF A LIFE TIME
ACT NOW!!!
WHAT ARE YOU WAITING FOR!
WORK ONE YEAR BUY ONE HOUSE.
WORK 10 YEARS AND BUY 10 HOUSES!
YEEEEEEEEEEEEEEE HAAAAAAAAAAAAAAA
2015-09-29 12:33
Calvin the Singaporean who put his money in KLSE in RM lost the most in i3
2015-09-29 12:38
please lar! don't mislead the readers of this forum. the good places are around Tmn. Perling & Tmn. Gaya. Kota Masai is not a good location lar?
2015-09-29 12:50
Yes Orlandooil,
I have been reading your interesting comments in "Voice of a Silent Moderate Malaysian"
Let me share my secret.
In year 2014 I made 100% (That was a Great Year!)
This year in 2015 I already made 80% when I promoted 11 MP Theme Stocks like CMSB, KKB & NAIM (I Sold at near peaks).
I should have left the market then. But I bought into Oil and Gas Stocks. My mistake. So I lost back 30%. Total gain for this year still a nice 50% still. So my total average gain is 75%
Only Iskandar Property Investments did better. I could make 100% every year.
This is the truth.
As you still stay on in Bursa. Better invest carefully as October is approaching soon.
I will come back to the market when there is total pessimism and despair. I really look forward to 1997/8 when KLSE fell to a low of 262 points.
For now better run to the SAFETY OF ISKANDAR's LANDED PROPERTY LIKE SINGLE AND DOUBLE STOREY HOUSES.
Why?
BECAUSE THERE IS WHERE THE GREATEST POTENTIAL IS FOR THE NEXT 30 YEARS!
2015-09-29 12:58
Yes HSTEOH56
What is your house address in Puteri Wangsa?
AS for Kota Masai, I suggest you pay a site visit to Ecoworld New Sparking Office & Show house in Kota Masai.
The Rise of Pengerang will lift up the value of Kota Masai.
I own 2 houses in Tmn Perling. Tmn Perling is the No ONE LOCATION To Buy. But Tmn Perling no longer cheap now. Single storey house in Tmn Perling is around Rm350,000.
Kota Masai is still cheap at Rm180,000. I always recommend value stocks. So I also recommend value houses
2015-09-29 13:03
Later all big big company move to Iskandar from SG....cheap rental cheap labour...but fxxx rule by somebody..
2015-09-29 13:10
Post a Comment
Featured Posts
Apps
Top Articles
1
https://dividendguy67.blogspot.com
2
4
5
6
7
BFM Podcast
8
Kenanga Research & Investment
#
Stock
Score
Daily Stocks
Stock Name
Last
Change
Volume
Stock Name
Last
Change
Volume
Stock Name
Last
Change
Volume
MQ Trading Signals
Stock
Time
Signal
Duration
No trading signals available.
Stock
Time
Signal
Duration
No trading signals available.
Featured Advertisers / Partners
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....
Lollipot Anison
resillience? the worst currency in asean region in last 6 months, that's is what you meant for resillience?
2015-09-29 10:10