Bursa Malaysia up on bargain-hunting http://m.thesundaily.my/node/462718

Uptrend.
Just buy the stock.
Tomorrow 1.48

Bursa Malaysia up on bargain-hunting http://m.thesundaily.my/node/462718

FBM KLCI up on China optimism; Maybank rises | http://www.klsescreener.com/v2/news/view/257516

Asean markets up ahead of corporate results | http://www.klsescreener.com/v2/news/view/257418

Anzo may consolidate 100% just in one or two months.

Nasdaq was up 0.47%.

Nasdaq was up 0.47%.

Don't buy growth stocks like JHM now. The market is not bullish, and a high P/E is not sustainable.
Buy value stocks like Ekovest and Dufu.

http://asia.nikkei.com/Markets/Equities/Malaysian-tech-stocks-on-a-roll-despite-stretched-valuations

Tech's market leadership over? Not so fast

On Friday, the tech sector ended a volatile week by rising 1.3 percent, topping all other sectors and a 0.6 percent rise for the S&P 500.

"The tech sector has the highest growth expectations and only moderate uncertainty," Morgan Stanley equity strategists said in a research note.

Valuations for the sector also may not be so expensive. Tech is trading at 18.1 times earnings estimates for the next 12 months, just above 17.8 times for the overall market.

http://www.reuters.com/article/us-usa-stocks-weekahead-idUSKBN19S2MC


Non-farm payrolls jumped by 222,000 jobs last month, driven by hefty gains in healthcare, government, restaurants and professional and business services sectors, the Labor Department said on Friday.

Tech's market leadership over? Not so fast
http://www.reuters.com/article/us-usa-stocks-weekahead-idUSKBN19S2MC

Non-farm payrolls jumped by 222,000 jobs last month, driven by hefty gains in healthcare, government, restaurants and professional and business services sectors, the Labor Department said on Friday.

Fair value 1.95

http://www.isaham.my/stock/dufu

1.33 is the lower bound of the range. Buy the stock on Monday!

This is likely to be multibagger stock.

This is one of the best tech stocks in Malaysia. Their technology has much to do with smart phones, mobile devices,cloud, data centers, and e-commerce, where growth rates are very high in these areas. You should not sell the stock. The price is too low now. The stock price is likely rebound soon. Prospects of the company is very good.

MIDF Research: Exports growth momentum to continue in 2H http://www.thestar.com.my/business/business-news/2017/07/07/midf-research-exports-growth-momentum-to-continue-in-2h/

Post removed.Why?

Considering their business its P/E should be much higher. It should be comparable to P/E s of semiconductor stocks.

Its P/ E should be around 15. Now it is too low.

Prospets of the company is very good. you should check the latest QR.

Key words: smart phones, mobile devices,cloud, data centers, e-commerce

From the latest QR: (Dufu)

We expect sales to continue to remain firm in 2017 as our major product is driven by the growth in high-capacity nearline HDDs as well as stabilization of client storage demand. NAND flash memory is likely to face supply constraint throughout 2017 due to the strong growth in demand for smart phones and other mobile devices, and therefore may also affect SSD supply.

The long-term future of HDDs are likely rests with high apaity HDDs, partiularly in data centers serving cloud storage applications. The demand for high capacity storage drives, enhanced performance, and lower storage cost is set to rise. Global internet penetration, the rise in e-commerce in the emerging markets, and the current trend for high-resolution media standards are the likely drivers for continuing rise in global storage demand.

Nevertheless, the Group will continue to improve its operational efficiency and keep a tight rein on costs to ensure price competitiveness on its products. The Group is also working closely with existing and new customers in creating value to their supply chain, and will continue to seek opportunity to venture into new business segments that can synergizes with the Group's current business model. With this in place and considering the continuing stable demend based on the current market trend and assuming that there is no volatility in the USD curreny against the Ringgit, the group is optimistic about its earnings and growth in the coming quarters.

http://www.malaysiastock.biz/Company-Announcement.aspx?id=975012

You can buy Dufu as well. Its an very undervalued tech stock.

Buy Dufu. Its an undervalued tech stock.

Nasdaq was up 0.67%.

In this range weak holders have been replaced by new holders. It is a necessary process for the stock to consolidate again.

The stock may be bounded in a wide range between 1.33 (29 May) and 1.62 (22 May). After breaking the range, the stock price is likely to consolidate. The stock price is likely to rebound without hitting 1.33.

Dufu is definitely underValued!

http://www.cnbc.com/2017/07/05/a-startling-fact-shows-why-value-stocks-may-be-your-best-pick-now.html

Dufu should start recovering soon.

Malaysian tech stocks have already started recovering. Today most tech stocks consolidated. According to my app, 52 out of 92 tech stocks consolidated today.
For instance,

MIKROMB: 3.31%

http://www.thestar.com.my/business/business-news/2017/06/23/george-kent-sees-good-year-ahead/

Directors sold not many shares.

panic selling.

The stock price is very low now. Low P/E

Post removed.Why?

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http://www.cbc.ca/beta/news/business/stock-markets-1.4188773

US stocks

http://www.cbc.ca/beta/news/business/stock-markets-1.4188773

http://www.cnbc.com/2017/07/03/the-oldest-market-indicator-on-wall-street-just-flashed-a-buy-signal.html

The Dow was up 0.61%.

MARKET BUZZ: Nomura Ups Malaysia 2017 Growth Forecast To 5.3% On Strong Exports
By Chong Sin Hao
Nikkei Markets
KUALA LUMPUR (Jul 3) -- Nomura Securities raises Malaysia's 2017 GDP growth estimate to 5.3% from previous 4.8% forecast and 4.2% last year on strong exports and its spillover effect, which could boost employment and private consumption. "This is the second time we revise the growth target upwards. Now, we have a fairly positive view on Malaysia economy, as certain political issues didn't bring too much of a shock to investors," says Nomura Securities Senior Economist Euben Paracuelles. Ringgit expected to outperform regional currency in 2017; USD/MYR likely at 4.32 and 4.26 by end of 2017 and 2018 respectively. "We assume one more rate hike from Fed by December 2017 and two more by next year," he adds. Nomura expects Malaysia Elections in September or October this year; tips current ruling party to win, with bigger mandate than in 2013.
http://asia.nikkei.com/Markets/Nikkei-Markets/MARKET-BUZZ-Nomura-Ups-Malaysia-2017-Growth-Forecast-To-5.3-On-Strong-Exports

Malaysian stocks are likely to surge before Malaysia Elections in September or October.

Malaysian stocks are likely to surge before Malaysia Elections in September or October

MARKET BUZZ: Nomura Ups Malaysia 2017 Growth Forecast To 5.3% On Strong Exports
By Chong Sin Hao
Nikkei Markets
KUALA LUMPUR (Jul 3) -- Nomura Securities raises Malaysia's 2017 GDP growth estimate to 5.3% from previous 4.8% forecast and 4.2% last year on strong exports and its spillover effect, which could boost employment and private consumption. "This is the second time we revise the growth target upwards. Now, we have a fairly positive view on Malaysia economy, as certain political issues didn't bring too much of a shock to investors," says Nomura Securities Senior Economist Euben Paracuelles. Ringgit expected to outperform regional currency in 2017; USD/MYR likely at 4.32 and 4.26 by end of 2017 and 2018 respectively. "We assume one more rate hike from Fed by December 2017 and two more by next year," he adds. Nomura expects Malaysia Elections in September or October this year; tips current ruling party to win, with bigger mandate than in 2013.
http://asia.nikkei.com/Markets/Nikkei-Markets/MARKET-BUZZ-Nomura-Ups-Malaysia-2017-Growth-Forecast-To-5.3-On-Strong-Exports

OCBC upgrades Malaysia’s 2017 GDP to 4.8pc http://www.thestar.com.my/business/business-news/2017/07/03/ocbc-upgrades-malaysias-2017-gdp-to-48p/

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Post removed.Why?

http://www.theborneopost.com/2017/07/03/malaysias-market-to-see-recovery-in-earnings-analysts/

http://english.astroawani.com/business-news/bursa-rebound-next-week-improved-demand-147936

The Dow was up 0.29% on Friday.

Post removed.Why?

Post removed.Why?