Posted by firehawk > 2017-03-18 11:11 | Report Abuse

Due for rest ...

Posted by calvintaneng > 2017-03-18 13:20 | Report Abuse

The whole world stocks might take a rest but not KLSE

why?

These are the answers,

1) KLSE now 1,745 points. But in Ringgit has crashed by 33% against US Dollar by 33% since year 2012. So in USD Term Bursa Index is only 1,169 points. This makes Malaysia a laggard with the greatest potential for upside.

2) Foreign Funds had sold off Rm30 Billions KLSE shares for the last 2 years. Only now they are coming back in trickles. Expect more Foreign inflows now.

3) More booster as Credit Suisse is now issuing buy call for Malaysia
See
http://www.thestar.com.my/business/business-news/2017/03/17/10-reasons-why-credit-suisse-constructive-on-malaysia/

4) Malaysia is now in Election GE14 Year. All the machinery of BN will be utilized to prop up KLSE in a feel good factor to garner votes. So expect better days ahead for KLSE

5) Malaysia is purported to have a growth rate of 4.5%. Plus dividend yield of around 4% to 5%. This is excellent in a world of zero or negative growth.

6) TRUMP's US1 Trillions (RM4.45 Trilllions) Massive Infrar Projects are reflationary - therefore great for all commodities exporting nation like Malaysia.

7) Malaysian rural areas are now buffered up with rising Rubber & CPO prices. Rubber has doubled in prices. So is FFB (Fresh Fruit Bunches) almost Rm700 a M/Tonne (last year only Rm400 plus) So more incomes mean more demand for goods. And Malaysia should do well. Crude oil also recovered from USD30 to USD50. Petronas good dividend this year will give impetus for Malaysia Govt Infrar spending.
Saudi Aramco USD7 Billions jv with Petronas in RAPID also free more cash flow.

8) Last friday's 5 Billion shares day is the sure indicator of both Foreign Funds & Sidelined Retailers Pouring Back into Bursa.

9) Many indicators of LIMIT UP COUNTERS WITH UMA FROM SC Points to More Fervent Trading Days Ahead for all the happy investors of Bursa.

10) Calvin is happy to see all 230 Entrees for Stock Pick Contest of i3 Forumers for Year 2017 now turning 100% positive!

MANY HAPPY DAYS ARE YET AHEAD OF US IN THIS BULL RUN YEAR OF 2017

HIP HIP HOORAY!!

Posted by Tripaka > 2017-03-18 13:36 | Report Abuse

Whatever it is bull up bear down all down or all up, practice prudence and try not to be caught with your pants down when market falls.. Notice that whenever many penny stocks go crazy, our minds are filled with enormous greed and lose sense. The bullish penny signs are there... Now it's just beginning phase.. How much more to go, it's everybody's guess..

Posted by pussycats > 2017-03-19 07:22 | Report Abuse

It all started by the KLSE prop up by Government to make feel good sentiment for this election year. Make hays while it's sunny day