As for buying export stocks due to strong US Dollar?
If everything is as usual then "yes".
But we are now in unusual time.
Since Donald Trump has already promised in his Election Manifesto
1) JOBS for Americans first 2) Encourage US Factories relocation to USA or Impose heavy tax. 3) Amnesty for Monies of US Companies (Trillions) tax reduced from 35% to only 10% if they repatriate back Funds to USA 4) Imposing 45% tax on China goods
Yet to be seen. These actions sound like deglobalization, isolation & protectionism.
However,
Trump has installed hardliners in his cabinet. So the direction is toward a tough position
Will Trump also tax all other imports of EM? That means Malaysian exports to the US will also face higher taxes.
So just like 6% GST Tax in Malaysia sucked the profits from Malaysian Companies - US taxes will also impact the performance of Malaysian exporting companies.
Now as things still not clear.
Wait first lah before simply buying export stocks.
If got heavy rain or thunderstorm outside? Why drive and endanger yourself.
Stay safe at home and wait lah!
Only invest when there is better clarity.
So wait until Trump is officially installed in the White House.
Big mouth Calvin shouts his message everyday. Even a casual reader like myself can't help but notice his buy calls for Iskandar properties, DRB, MRCB etc. And of course his sell call for Airasia.
He keeps pummelling my mind, I don't want to listen, but he shouts so loud and so often and so confidently. Sell NOW, he says, I am a fool if I don't do it. OK, I will believe him, and sell all my Airasia.
But what happens when his call is wrong.
There will be a single small comment somewhere in another thread, saying maybe he mistook the news or data. No apology, no redress. I am then the fool who believed him. No one forced me to follow him, he will say.
To you Calvin, just say something ONCE, then shut up already.
Posted by kpfam > Nov 20, 2016 07:32 PM | Report Abuse
Big mouth Calvin shouts his message everyday. Even a casual reader like myself can't help but notice his buy calls for Iskandar properties, DRB, MRCB etc. And of course his sell call for Airasia.
He keeps pummelling my mind, I don't want to listen, but he shouts so loud and so often and so confidently. Sell NOW, he says, I am a fool if I don't do it. OK, I will believe him, and sell all my Airasia.
But what happens when his call is wrong.
There will be a single small comment somewhere in another thread, saying maybe he mistook the news or data. No apology, no redress. I am then the fool who believed him. No one forced me to follow him, he will say.
To you Calvin, just say something ONCE, then shut up already.
Calvin answers:
This is a good one! Haha!
He keeps pummelling my mind, I don't want to listen, but he shouts so loud and so often and so confidently. Sell NOW, he says, I am a fool if I don't do it. OK, I will believe him, and sell all my Airasia.
This one below not true at all:
There will be a single small comment somewhere in another thread, saying maybe he mistook the news or data. No apology, no redress. I am then the fool who believed him. No one forced me to follow him, he will say.
I believe strongly what I still believe. No small comment somewhere.
You can check out my posts about
XOX VSolar Sumatech Ifca Gadang
And now Airasia!
Airasia has no pricing power.
A return AirAsia tickets from Singapore to KL cost only S$136.
This is the Air Ticket price 20 years ago when I jet from Spore to KL monthly. While Air planes cost have gone up. And Ringgit was One USD for Rm2.40 then. Now One USD is Rm4.41 (still weakening)
SO CALVIN'S CALL TO SELL AIRASIA IS STILL ON COURSE!
You shout to sell Airasia when 1.70 and its goes up to 3.20 and you keep shout selling when its 1.80, 2.00, 2.20 and 2.50...Now AirAsia rebound to 2.72 when u shout sell at 2.53...how many times you give the wrong call...stupid
New IPO: The onshore and offshore support services provider for the O&G industry, Steel Hawk Bhd aims to list on the Ace Market!
MQ Trader 5885 views | 5 d ago
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New IPO: The largest mini-market player and a leading groceries retailer in Malaysia, 99 Speed Mart Retail Holdings Bhd aims to list on the Main Market!
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....
Icon8888
18,658 posts
Posted by Icon8888 > 2016-11-20 14:45 | Report Abuse
this fellow everyday talks god talks Jesus, he must be a very honest, sincere and good nature person