RM plays the key role to the bottom line profits of consumer PLCs.
Exporters like Furniture PLC is in exact OPPOSITE cycle to big Foreign Consumer PLC.
When LIIHEN, LATITUD, HEVEA, even VS r having good times in a pureBull cycle, the opposite is
happening to F&N, DLADY, CARLSBG, HEIM.
Now with strengthening RM vs USD, the stock price movement is, 1 class in pureBear n the other
in a classical pureBull respectively.
The inflexion point was on Oct 26th, 2017 when the exporters n importers distinctly went separate ways, compelled by RM/USD forex rate at 4.235.
In future, we can use these Cos to hedge the portfolio performance by monitoring RM behaviour.
Today now, the RM/USD forex seems to bounce back again to 3.86/9.
There is a high chance RM is going to the important critical level at 3.80 n better.
Position well into Right Stocks n be prepared for big MOVE at Right Timing ...
This is the real-time RM/USD spot forex charts:
http://www.xe.com/currencycharts/?from=USD&to=MYR&view=2Y
Wishing everyone:
SUPER HAPPY CHINESE NEW YEAR 2018
Created by PureBULL ... | Mar 23, 2024
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Created by PureBULL ... | Apr 12, 2021
Gong Xi Fa Cai, PureBull
What you preach is sort of gospel truth!
2018-02-16 08:46
THUMBS UP!
RINGGIT WEAK EXPORT STOCKS SHINE
NOW RINGGIT STRONG IS IMPORT STOCKS TURN TO SHINE.
2018-02-16 10:22
Dear EngineeringProfit,
I LOVE your kind empowering words. N your Simple word has POWER.
Many experienced people will agree that stock market is an efficient cleansing machine.
It calls for the very TRUTH, nothing but the TRUTH.
The FACT is, in every mkt cycle there r only a few GREAT winning STOCKS in KLSE.
To win BIG, we must HAVE n never ever miss those stocks at Right Timing,
more so if u r active account here in i3investor.
2018-02-16 15:44
The inflexion point was on Oct 26th, 2017 when the exporters n importers went separate ways, compelled by RM/USD forex rate at 4.235.
2018-02-17 06:50
PureBULL .
Wishing everyone:
SUPER HAPPY CHINESE NEW YEAR 2018
n special big THANKS to dear calvintaneng for the loving LIKE.
2018-02-16 07:37