Let's see how much Hektar's share price will fall if the rate hike again

Bank Negara is going to have MPC meeting on November

https://www.bnm.gov.my/monetary-stability/mpc-meetings

Most of the borrowings of HEKTAR are floating rate. High risk to enter if OPR raise again

Ignore this counter for now as the divided payout will be lesser and lesser

Don't enter at this moment 1st...

Bad sentiment ahead for this reit counter at the high interest rate environment

If new management is incapable to handle the company well during this kind of environment, unquestionably the share price will undergo free fall

Lol. Definitely interest hike is bad for REITS market

Temporary drawdown as it's affected by OPR hike...

Transitory profit had been taken. Keep observing the price activity and overall market

Yup. Seems like it will break out sooner or later

Yes. Congratulations to those who bought at cheap price. Keep monitoring and it might be jumped up more since GE 15 is getting closer

Yesla. Steadily up

As expected, core PCE index is lower down a bit (4.7% increased YoY; previous month was 4.9% ) but bad market sentiment was not mitigated as anticipated. On the bright side, this company still stays firmly at the support price

Yup. If got free cash flow, collect some for the reinstatement of GST

I guess today will close at the current supporting price of RM0.20 ba...Stay tune for tonight de PCE announcement. Expected PCE will lower down a bit to mitigate bad market sentiment

Yup. Traders are taking short term profit 1st and waiting for the PCE index tomorrow as the market would be very volatile during that moment

Profit taking today... Wait for tomorrow de PCE index then see how

Seems like this small cap GST related counter needs some time to heat up the engine...

Yes. Keep going up

Market sentiment behaves like wave, sometimes good (driven by good government policy etc) or bad (driven by bad statistic of indexes, e.g. bad CPI, PCE). Today's asian markets are closing green, hence stipulated.

Overall market sentiment is quite good right now. Keep it up~

Fuyoo. Start breaking out. Go go go

Yup, be patient. It will ride high with the construction wave

This counter fluctuated so much...

Nice dividend announcement. Think will use them to average if it drops below 80 cents

Yup. Construction engine started. Brace for the breakout

Yup. Look forward to this counter to fly

According to Mordor Intelligence, Malaysia Construction Market is expected to grow at a CAGR of approximately 6% during the forecast period 2022-2027. Hence, hold for the breaking out.

Seems like the share price is driven by GST news. Up up

Yes. Up up up.

Seems like the downturn of crypto market affects its NFT Pangolin business...

Yup. It will be goreng up if the company announce good news

lol. Mr Wong throws, but EPF keeps buying lately

After Q2, time for construction theme to shine. Certain construction stocks will react greatly by the news of GE15

Interest rate hike really hits technology counters badly...

Yup. Seems like construction sector reacts positively towards FED rate 75 bps hike

Typical market behavior. Sell on good news....

Yup. FOMC takes place on 14 & 15 June.

Just hold it. 2 good news for MYEG, i.e. GST reinstatement & collaboration with Philippines' Tourism Infrastructure and Enterprise Zone Authority for the payment gateway system of tourist tax

Strong support at 31 cents. Keep monitoring 1st ba for this week's FOMC meeting

High probability on GST will be reinstated.

Source: https://www.freemalaysiatoday.com/category/nation/2022/06/13/gst-will-double-tax-revenue-over-sst-says-world-bank-economist/

High probability GST will be reinstated...

Collect some at this discounted price, then wait for the upcoming construction wave