Posted by VenFx > 2016-12-05 10:31 | Report Abuse

Wow, icon8888 really light me on.
In short term, mr market & calvin will act differently .
Important is who is the last one to laugh to his bank.

For me,
Commodities with bulk of revenue from Usd is the one need to be watching.

Posted by VenFx > 2016-12-05 10:33 | Report Abuse

If the craziness spill over, take advantage from it.

Posted by Icon8888 > 2016-12-05 10:34 | Report Abuse

Yes, nothing is guaranteed. In stock market, you need to take a bet

NickFury Beijing has lodged a protest with the United States over a call between US President-elect Donald Trump and Taiwanese leader Tsai Ing-wen, the foreign ministry said Saturday.


Trump has crazily crossed the basic red line set by China. Never say never. Careful now.
05/12/2016 10:28

Posted by calvintaneng > 2016-12-05 10:38 | Report Abuse

Calvin says,

Don't look at the world like a frog inside the well.

Trump's 3 promises were

1) BRING JOBS BACK TO AMERICA. SO BUILD FACTORIES ON AMERICAN SOIL

2) TELL ALL US FACTORIES OVERSEA TO RELOCATE BACK TO THE US. Trump wil offer tax incentives

3) Those USD TRillions stacked away oversea due to high 35% Tax will get reprieve. Tax reduced to a flat 10%. These monies will be channeled into the projected USD Ifrar works for roads, bridges, highways, Mrt, Lrt, Airport & Seaport

The above were Election promises

Todate he told Carrier Company to stay in US & not retrench 1,000 workers.

He is speaking to another US company to keep another 300 jobs

Last night in major US News Media Trumph said he will impose 35% Tax for US companies that continue to defy orders by setting US Co oversea for re export to the USA.

So far we SEE Trump's actions tally with his Election promises.

Calvin is just stating the facts for all fellow i3 forumers.

Each must decide for himself/herself.

Posted by SuperMan 99 > 2016-12-05 10:39 | Report Abuse

Well done, Icon, agreed with you that nothing is guaranteed in stock market, we have to make best judgement.

Icon8888 Yes, nothing is guaranteed. In stock market, you need to take a bet
05/12/2016 10:34

Posted by soojinhou > 2016-12-05 10:43 | Report Abuse

Wracking 35% tariff against American companies will not pass congress because it is against the ethos of free trade of the Republican party.

Posted by Abismail > 2016-12-05 11:16 | Report Abuse

Hi icon8888..what is your opinion about BNM new strategy to strength back ringgit...

Posted by stockraider > 2016-12-05 11:20 | Report Abuse

If trump were to impose punishment tariff is likely Liihen will suffer badly compare to FLB...Why ?

Liihen is a finish good manufacturer mah.....so if USA don want to import and want to make it themselves....they will impose high tariff loh...!!

FLB is a raw material input manufacturer....which USA company need to import to make furniture themselves mah...!!
If they impose high tariff the USA manufacturer cost will be high loh..!!

So think lah....!!

he...he...he...Raider agree USA can plant tropical trees....!!
They can plant in Florida & Hawaii loh....!!

But not practical mah...it is better to plant coconut in Hawaii and plant orange in Florida compare with planting tropical wood loh...!!

Just imagine the value chain of furniture making like that loh...!!

TREES & wood timber.....!!

Processing to Plywood..!!

Make furniture.....!!

If every process the cost in USA is 50% higher...u can imagine how much it cost practically loh....!!

Just import....the raw material & make furniture...at least ur cost is one round higher at 50% compare with u do every thing with have 3 rounds of 50% higher mah...!!

Posted by 10bagger10 > 2016-12-05 11:23 | Report Abuse

so means that hevea can fly liao?

Posted by thteh > 2016-12-05 12:03 | Report Abuse

Thank you Icon. Well written arguments

Posted by stockraider > 2016-12-05 12:22 | Report Abuse

This point raider think ICON view is more likely scenario compare to calvin views loh....!!

Yes...export sector is always the 1st line of defense, furthermore most of the export counter have strong balance sheet.
Also weak Rm means more competitive business loh...!!

As regards to calvin domestic focus....raider says it is flaw mah!;

1. The GLC are have high gearing, domestic focus and depend on govt support.
2. The dpmestic consumers have very poor purchasing power especially for cars & properties....thus unable to lend further support
3. Msia govt will face very soft revenue collection as a result of poor economy....furthermore they need to support low income malays thru brim payment etc....not much support can flow to GLC and cronies mah....!!

Therefore alot of these type of companies will face cashflow problem & debt servicing issue loh...!!

WE ARE ACTUALLY IN RECESSION ALREADY LOH....!!

THE SOLACE...RAIDER CAN SEE IN CALVIN STOCK PICKS....IS WITH DEEP DISCOUNT.....THUS HAS GOOD MARGIN OF SAFETY LOH...!!
THIS TYPE OF INVESTMENT WOULD NOT LOSE TOO MUCH....BUT WILL BE STUCKED FOR SOMETIME LOH.....!!

YES STILL EXPORT SECTOR IS THE 1ST CHOICE...ONCE MKT DIGESTED THE FREE FALL....THE EXPORT COUNTERS IS DUE TO A RERATING LOH...!!

Posted by Retired Boss > 2016-12-05 12:27 | Report Abuse

Very good article

Posted by Icon8888 > 2016-12-05 12:37 | Report Abuse

raider why recently so active ? anyway nice to see you

Posted by stockraider > 2016-12-05 12:42 | Report Abuse

Hi Icon,

Raider has being in active for earlier time....bcos in the side line waiting for mkt to correct loh....recent correction give some opportunity mah......!!

Anyhow mkt is weak.....need time....to consolidate loh....!!
But after that the recovery could be good loh....!!

The key is stock selection in this type of environment mah...!!

Posted by Alex Lim Jun Xiong > 2016-12-05 12:47 | Report Abuse

Icon8888, is Affin still a good bet?

Posted by stockmanmy > 2016-12-06 16:15 | Report Abuse

cash or exporters.
no third option.