Be the first to like this.

5 comment(s). Last comment by YunXin 2015-12-05 00:33

Posted by blackmarket > 2015-12-04 12:03 | Report Abuse

RINNGIT TARGET IN RM5 , I BELIEVE IT VERY SOON

calvintaneng

54,846 posts

Posted by calvintaneng > 2015-12-04 12:58 | Report Abuse

According to Calvin Tan Research

Ringgit should strengthens for these reasons:

China buying Malaysian Bonds shore up support.

Sale of imdb power assets to China company for Rm17 Billions have further instilled confidence.

Bank Negara Zeti also stated that Ringgit is undervalue.

With favorable Funds turning positive on Malaysia like Templeton, Eastspring, Aberdeen and even Forbes calling Malaysia as Top 10 Buys for Emerging Market in Year 2016 should boost inflow of funds back to Klse.

Another Big positive is the Rush of FDI INTO MALAYSIA TO SET UP FACTORIES FOR THE ADVANTAGE OF MALAYSIA BEING ONE OF THE TWELVE TRANSPACIFIC PARTNERSHIP CHOSEN NATION. To export goods to USA JAPAN CANADA MEXICO AUSTRALIA AND OTHERS.

CALVIN TAN PREDICTS THAT RINGGIT WILL STRENGTHEN BELOW US1.00 to Rm40 not far away.

THE BEST CURRENCY BUY FOR YEAR 2016 Is THE RINGGIT.

AMONG TOP TEN PERFORMING BOURSE FOR YEAR 2016 WILL BE KLSE.

AND THE BEST PLACE IN MALAYSIA TO BUY LANDED PROPERTIES IS ISKANDAR.

SO STAY INVESTED.

iWarrants

746 posts

Posted by iWarrants > 2015-12-04 13:05 | Report Abuse

agree, but has to take a last dip before the golden 2016 for KLCI

YunXin

96 posts

Posted by YunXin > 2015-12-05 00:31 | Report Abuse

Yes, Calvin is right. Ringgit should strengthens.

YunXin

96 posts

Posted by YunXin > 2015-12-05 00:33 | Report Abuse

Strengthen?

Harvard57 bought HIBISCS RM 2.20 , still stucked there.

HIBISCS just rebounded 12%, but from RM 0.22... ha ah aha ha hahaaa

JOKE of the YEAR

Post a Comment
Market Buzz