Why suddenly they raise levy fees for foreign workers? They are trying to hit hard export counters, because they are the one employs most foreign workers..
cash rich company like flb...could easily hedge against USD if at all required... even at current level. The price dip would then be highly unjustified....dividend does not hint such vulnerability.
So many hands are taking advantage of the present situation, to deviate the attention to other theme play from exports theme play...but this is not going to work out, finally ringgit is going into weaknesses again..
I want to see Maybank to drop by 30% from last price, my pant will be very wet to see it happens, easy living with Maybank, but at the cost of large scale financial crisis, massive of household loss their jobs, massive of house and car getting pull back by the bank, massive of declared bankruptcies, massive of i3 member loss their pants too, so they will leave the forum and worry about the food on their table. :)
I kind of disagree with Mr KYY to use MYR$ strengthen % correlate proportional to share price drop. He has to consider an adjusting factor, eg:- If MYR has weaken 30% over 2 years and the share price has benefited 150%, the factor will be 5x. Thus with recent 3.5% MYR$ strengthening with be reflected 17.5% in share price drop. So those counter price drop should be justifiable..
mr koon.. what do u think bout ajinomoto... biz wise it's consider a company which practically have no competitor as it holds 90% of msg usage in the country.. with low comodities prices n some export to middle east.. maybe can have a look....
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This book is the result of the author's many years of experience and observation throughout his 26 years in the stockbroking industry. It was written for general public to learn to invest based on facts and not on fantasies or hearsay....
johnny cash
6,400 posts
Posted by johnny cash > 2016-02-08 15:54 | Report Abuse
Just because TPPA is also pointing towards recovery of ringgit, that does not mean in a drastic manner they can change the themeplay, in their reports