I didn't notice that. What I noted was Mark Mobius' firm call to buy Emerging Markets After The Total Collapse brought by the Lehman's Brother Crisis of 2007/8
Yes, Emerging Markets could be Laos, Cambodia, Philippines, Indonesia, Papua New Guinea, Turkey, Mongolia, Tibet, Pakistan, India, Bangladesh, North Korea, all the Eastern States of Europe including Ukraine, Portugal and all the African states including Somalia, Chad & Nigeria.
But he Singled Out These 3
1) MALAYSIA 2) VIETNAM 3) BRAZIL
Of these 3 MALAYSIA STANDS OUT AS THE BEST OF THE VERY BEST BARGAINS ON PLANET EARTH TODAY.
More So Due To
1) Fallen Ringgit (When China or Japan Devalue - US makes lots of noise) 2) Very Cheap Oil. Rm1.60 for Ron95 in Malaysia. Singapore is Rm5.40 (I just pumped some yesterday in Singapore) Last week I was in Australia- price was Rm3.30
3) TPP Will Make Malaysia Super Competitive Against China 4) China One Road One Belt Will Open Up Opportunities 5) Iskandar Will be the Next Shenzhen 6) Forest City Will Rival Dubai (I was there yesterday!) 7) Singapore Will Be Using Malaysia As A Base For Expansion Many New Millionaires & Billionaires will cross over from Singapore in Johor 8) Malaysia Have Home Stay Program - Drawing in World's Top Talent & Investors 9) Only in Malaysia Foreigners can buy raw land, freehold landed properties from secondary market. No where else. Not Singapore, Indonesia, Thailand or Vietnam. In Australia you can only NEW Landed Houses.
10) MALAYSIA IS THE BEST KEPT SECRET IN THE WHOLE WIDE WORLD!
Teh tarik in Australia is Rm13.50 a cup. In Malaysia only Rm1.20 (less than 10%)
I AM BULLISH ON MALAYSIA!
CALVIN & ALL SINGAPORE FRIENDS ARE BUYING & BUYING MALAYSIA!!
Why buy malaysia now when US shale bubble is about to burst. Oil producers still need to push oil price back to 20-30 usd range, malaysia have another round of bear hugging around.
Stock: [SUMATEC]: SUMATEC RESOURCES BHD Nov 20, 2014 11:08 AM | Report Abuse
Dear Friends
Time to leave before going even lower. Why?
Oil & Gas Counters will still follow the down trend of falling Crude Oil Price. Why Crude Oil Price goes down? 4 Major Converging Forces
1) Shale Oil Production in North Dakota is Overtaking Even Saudi now. This is hammering Crude Oil Price from US$130 to below US$80.
2) With The Whole World AWASH IN OIL Saudi & Opec nations want to cut production to support prices. But they can't. Why? Because they have borrowed a lot in buliding frenzy. So with debt up to their nose they need to service their loans. So they increase or maintain production.
3) China is now slowing down like others. So the need for Crude Oil is lessen
4) Compounded with Falling Crude Prices there is also A Huge Surplus of Vegetable Oils - So the World is Now Drowning in OIL.
As a result Petronas is feeling the chill. Awards to all Oil & Gas companies will be reviewed & reviewed again. All will be sqeezed in one way or another. And Sumatech will be one of them
Those who listened escaped. Those who didn't suffer losses!
So Now With more than 60% of Shale Oil Rigs rendered inoperative
Calvin Now Issue Call To Buy Back Fallen Palm Oil and O&G Counters.
Don't buy all at one go.
Just buy and average down all the way
Like Buying Minho from 50 cents to 17 cents Like Buying Pm Corp from 15 cents to 7.5 cents Like Buying KPS from 50 cents to 39 cents Like Buying Pintaras Jaya from Rm1.90 to Rm1.40 Like Buying Public Bank from Rm7.00 to Rm5.50 in year 2006/7 Like Buying Maybank from Rm20.00 to Rm2.50 in 1997/8 Crisis
Calvin called for a BUY ON PM CORP AT ONLY 15 CENTS ON SEPTEMBER 20TH 2013
Those Who Listened & Bought Early SURE MADE MONEY!
So Better Get in Early On All Calvin's Call Next Time.
Note:
There is no guarantee that all 100% Calvin recommended stocks will double in price. But at least some like Pm Corp, Ipmuda, Super Enterprize, Supermax, MyEg, Jerasia, Jaks, Pohuat & a few others did!
Mobius says Malaysian ringgit is undervalued by 28% but not Malaysian Ringgit & KLSE Stocks Are Best Buy In The World Now... Maybe we can go undervalued 50%
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....
soojinhou
869 posts
Posted by soojinhou > 2016-03-15 19:58 | Report Abuse
Well, do note also that Mark Mobius underperformed the general market for the past few years by buying too many mining stocks.