RINGGIT NOW STRENGTHENS TO US AT RM3.96 ! RUN BEFORE WIND TURNS INTO RAGING TORNADO!

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THE INVESTMENT APPROACH OF CALVIN TAN

RINGGIT NOW STRENGTHENS TO US AT RM3.96 ! RUN BEFORE WIND TURNS INTO RAGING TORNADO!

calvintaneng

Publish date: Wed, 23 Mar 2016, 09:55 AM

Hi Guys,

I called All to Buy Furniture Stocks and E & E Export Stocks When Ringgit Crashed Against the US Dollar.

Now Ringgit Is Going From Stength to Strength Due to These Factors:

1) PM NAJIB HAS STABLISHED HIS GRIP ON POWER FOR THE TIME BEING. So Fear of Turmoil Subsided.

2) CHINA KEPT PUMPING IN LIQUIDITY INTO MALAYSIA. Lastest is Rm8 Billions for Bandar Malaysia Project

3) MARK MOBIUS - Emerging Market Guru Called For A BUY ON MALAYSIA

4) FED YELLEN HAS ASSURED NO FURTHER SURPRISE IN INTEREST RATE RISE. Resulting in Point no 5

5) THIS IS THE MOST IMPORTANT FACTOR. US FUNDS ARE NOW CONVERTING US DOLLARS FOR INVESTMENT INTO EMERGING MARKETS LIKE MALAYSIA.

So?

6) SO RINGGIT WILL KEEP ON RISING & RISING

Then?

7) THEN ALL EXPORT EXPORTS WILL FALL LIKE TENT PINS ONE BY ONE.

DON'T DELAY ANY MORE. Each day will SEE New High For The MALAYSIAN RINGGIT!

Note: He Who Fights And Run Away Will Live To Fight Another Day!

The Foolish & The Foolhardy Will Suffer Losses

"The Prudent Man FORESEES The Evil and hides himself ; The Simple Pass On and are Punished"

Discussions

2 people like this. Showing 9 of 9 comments

Up_down

Don't be surprised when FF continues to pump more money into KLSE and RM would return to RM 3.8. The trend is reversing with the support from positive sentiments. What would happen if FF snap up another RM 10 billion shares this year?

FF Enter/(Exit) KLSE:

Year 2010 + RM 15.9 billion
Year 2011 + RM 1.8 billion
Year 2012 + RM 13.7 billion
Year 2013 + RM 2.4 billion
Year 2014 ( - RM 6.9 billion )
Year 2015 ( - RM 19.5 billion )
Year 2016 + RM 4.1 billion (until now)

2016-03-23 10:25

Jeffbkt

You should worry more when they will exit rather than when they come in as these are all hot money. They are not here for long.

Only when the tide goes out do you discover who's been swimming naked. Warren Buffett

2016-03-23 10:28

Up_down

In general, the majority of the counters are benefited when FF enters local bourse. If you still believe in export theme play, the consequence could be worrisome.

2016-03-23 10:36

mjy88

IMHO there are still a few attractive good counters doing export business. I don't categorise them as "export" counters. In fact, exporting is just another strategy to gain even bigger market beyond the local homeland. Business is all about growth. Business prospect is way more important than forex gains. A company that relies solely on forex gain is currency exchange/money changer, not furniture or electronics company, they cannot survive.

Companies with QoQ net profit growth achievement between 50% to 100% are experiencing real growth. Rough estimation, excluding forex gain QoQ (about 20%),they are still growing at around 30% to 80% range. Not good?

Just my 2 cents.

2016-03-23 10:42

Apollo Ang

quickly sell topglove....when ringgit 4.10 topglove 4.80 2 weeks ago, now ringgit 3.96 topglove should be 4.60

2016-03-23 11:07

daizan55

how about scientex?

2016-03-23 13:26

Fam Jenny

Big investor,China is investing rm8bln in the fast train and others are coming.Maybe can invest in Mymmar/Burma but still a long to go and generally the purchasing power is very low.

2016-03-23 13:53

Fam Jenny

Correction...a long way to go....

2016-03-23 13:54

kohsk4115

mjy88 any good example? Pohuat?

2016-03-24 11:29

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