Stockman blogs

Najib's new Budget, implications

stockmanmy
Publish date: Mon, 01 Feb 2016, 02:03 PM
Trade at your own risk. I am here only to vomit out my feelings

Selling export stocks, are you?

Scared of implications of rising ringgit and oil prices on your portfolio., are you?

Well....you should be. ...

Here is more........

Najib's rebalancing with levies on foreign workers surely isn't helpful

Destroying internet infrastructure and making web services more expensive certainly isn't helpful ( the spectrum levies)

Share prices climb slowly a mountain of worries...but when it falls, it falls at the speed of light.

More still....

World economy isn't exactly rosy healthy...exporters export to who? How to grow?

Even more still........

If you are thinking of selling low PE, well managed , fast growing export stocks...you should seriously consider selling all your non export stocks first  especially if they are to rally in next few days. 

Domestic economy stocks in recessionary Malaysia? Forget it. 

If you are thinking of selling export stocks....I think it would be advisable to think of clearing out the whole portfolio. No point keeping the thorns and cutting the flowers.

Najb's new Budget...a panacea and cure all of Malaysia's troubles?

Najib's new Budget so good that ringgit rises to $ 3.8/US$? Forget it....I too got snake oil to sell to you.

Discussions
1 person likes this. Showing 2 of 2 comments

stockmanmy

important to find out...........

what is the rebound of the ringgit $ 4.40 to $4.15 from mid January all about?remember, the charts shows ringgit rebounded even before oil rebounded., covers the period oil crashes to $ 28., before the AG's act, before the PM's budget fix....I suspect, its all a manipulated orchestra.

2016-02-01 17:09

stockmanmy

Zeti going away in April..................will the ringgit crash again?

I think it will.

2016-02-01 17:12

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