Tan Teng Boo of Icapital was reported as saying that he did not buy any plantation counters in KLSE but bought plantation companies in the London Stockexchange.

Some of the component plantation stocks that rose since 2008 did not correct themselves even when QE came to an end. The end of QE means, in the words of Citicorp, "the setting of commodities sun". CPO prices dropped but KLK etc did not correct much. Whereas those listed plantation companies in overseas stockmart all have dropped 50%. That is one of the reasons why the KLSE did not correct much.

From its lows of 2008 (abt 8++ points) till its peak in 2014 (abt 1896), there has not been any meaningful correction). At most it has only corrected abt 38% since 2014.

Prudent investors are already making the move. They do not wait for the last minute. Interest rates are set to rise.
To understand why Trump won, read Washington Post. Clinton's hacked email changed everything. The Americans became suspicious of her.

Protectionism is on Trumps agenda.

Thanks, Calvin

Hi Calvin, B Plant is highly illiquid stock. Is it worth considering?

Trump's huge infrastructure plans means he need more revenue. More Treasury bills will be issued and yields would rise. Yellan would be forced to raise interest rates sooner.
Foreigners are therefore selling those bonds n taking their $$$ back to US.
Yes, it is about 2 months before Trump takes office. But no prudent investor would wait for the last minute to decide. Time waits for no man or woman.
This currency volatility is only the beginning.
If u wish to know why Trump won, read up Washington Post instead of CNN

on the eve of the elections, even Clinton's own Democrats knew she would lose.

If u want to know why Trump won, read Washington Post.

If u want to why Trump won, read Washington Post. Not CNN.

CPO went up due to plunge in MYR. It is traded in Rotterdam in USD. In terms of USD, did plam oil prices went up?

If u want to know why rump won, read Washington Post n you will get the answer. Not CNN. The columnist in our local paper still cannot get the point.

Palm oil is traded here in MYR but in USD overseas. Malaymail confirmed today foreigners all selling government bonds which caused the MYR to plunged. This is only the beginning. Share prices depends very much on players sentiment. Once sentiment is bruised, the bear comes in for the kill.

Confirmed. Foreigners selling government bonds. (see Malaymailonline)

But it may only be the beginning.

Foreign investors dumped government bonds n headed for the exit.

Malaysia’s ringgit plunged to its weakest in more than 12 years in offshore markets today as investors dumped government bonds, while the spot rate barely moved as the central bank kept a tight grip on the onshore market. - See more at: http://www.themalaymailonline.com/malaysia/article/malaysian-ringgit-plunges-in-offshore-markets-bnm-locks-spot-in#sthash.jDWBK8DZ.dpuf

I do not think it is a currency attack.

Confirmed. Foreigners selling government bonds (see Malaymailonline)

Confirmed. Foreign investors selling government bonds (see Malaymailonline today)

GDP are historical figures. It merely states the economic environment before Trump won.

But how long can it last? Unless they intend to impose capital controls.

The spectre of foreign funds invested in financial assets leaving for US in expectation of a rate hike. I think it is only starting. Other currencies such as won was also affected.

Yes, trading in USD/MYR was briefly suspended just now. My friend working as a financial controller in a foreign firm called me to inform me. I think it is RM4.38 now according to some forex website.

The worse is yet to come.

Probably those foreign funds in emerging markets assets are starting to move back to US in anticipation of rate hike. Other emerging market currencies are also affected. So much for those in the gomen who says things will go as usual.

Capital controls coming ??

Just to share my views.

Cos I have been tracking Hovid for sometime n I know some ex staff there.

Agree. bank stocks are up yesterday due to positive sentiment of US banks. Nothing much has changed for our local banks. Except we are following Dow's sentiment which may be relevant in the US.

Expected volatility. Nothing special. The KLCI has already completed its 5 waves up. It has already been up for 5 years with no meaningful correction. After the 5 waves up, it is the corrective waves down. We are actually playing an uptrend in a bear market. It has not even corrected 50% of its gain since 2008.

He is ready to lift environmental restrictions to help shale oil industry. he is pro-business.

The KLCI does not have a meaningful correction since 2008. It has only went into a small correction. Actually we are playing an uptrend in a bear market. No need to crylah. You should have make yr $$$ when it started its 5 waves in 2008.

If Russian play the Ukraine game in Poland and the Baltic states, is the world a better place ?? The ordinary Poles are already training themselves as militias.

The ordinary people in Poland are already volunteering to train themselves as militias some time ago in the event of a Russian incursion and help is not forthcoming from Nato. At least they are realist.

The foreign news in The Edge and other local newspapers are sourced from foreign news agencies like Bloomberg, Reuters etc. The Edge is no exception.

Talking abt personal friendship to end investigation into money laundering on 3 individuals who are not even the government ?? Why must Trump interfered?

Le Pen will probably triumph in France

Under Trump admin, United State will have close door policy like in the China.
Officially the end for America the world leader in almost everything.

That is what is coming.
For example, if US needs cheap oil, Trump will use all means to make the price of oil goes down. Whether in doing so, those OPEC members will collapse is not his to care. I think that is what Trump is saying. America first.

If the Americans wish for an "as usual" environment, Clinton would have won.
But the wanted something radical n Trump is prepared to do it.

There is already too much daydreaming.
- US needs M'sia
- Trump will change his mind over TPP
- everything as usual

If everything us as usual, why the Americans vote him ?
US need M'sia - The greatest piece of bullshit

One politician here kept mentioning Soros. Soros did not speculate RM during 1998 crisis. He was the one who leaked out that some locals did.

An lots more bullshit

Even Taurx has failed after 11 years of development. Is our R & D that strong ? is wistful thinking at most.

It is no easy. U are selling generic drugs. There is no market in Europe or US for yr products. Yours are copies of their original drug. Only in those emerging economies will u find yr buyers.

The more fearful outcome is European Union might disintegrate. Will those populist parties in Europe defeat all those gomen in power in coming elections ???

Read up the S'pore money laundering trial: - the insider who turned prosecution witness said there are 3 "fake Abrars".

I have tried using 5 mins TF on CPO futures. I got this experience. The candles plunged. I shorted. Before I can finish covering the short, the candles went up n higher resulting in a loss of 4 ticks 4x25= $100. All this happen in less than 1 second.

Is Najib himself taking M'sian voters for granted ??

The sectors that would benefit from a Trump victory rose. U can figure out this in our KLSE.

Do u know where Hovid export its drugs? A lot of it goes to Africa. Do u know how hard it is to collect $$$ from these customers.

connie - do u locate SR level manually or using the Ichimoku?

connie - even in futures trading, despite its volatility, 15 mins TF offer less opportunity but more reliable signals. But I do not use these TF in stock trading cos the range is small unlike futures.
If u draw the channels in daily TF, the moment u switch to those 15 mins etc TF, the lines are no longer accurate n have to redraw on the smaller TF again.
By the way, which investment bank's platform are u using? I use OSK n they give chartnexus as an add on but chartnexus have problems when switching to smaller TF.