There is unreasonable fear in the form of American policies, Donald Trump, affecting the prices of exports shares
With so much uncertainties in domestic and international arena, nothing like the certainties of exporters who are the true National heroes of Malaysia earning foreign exchange everyday.
There may be reasons to avoid plastics and gloves exporters in view of higher oil prices. These companies benefited enormously in 2015 from the twin effects of weaker ringgit and lower oil prices.
So, I choose to focus on export companies using domestic resources unaffected by oil and final products exported. The companies chosen below also do not have to buy raw materials in foreign currencies and are therefore minimumly affected by the recent BNM policy on foreign currency conversions.
My recommended export shares Lihen Consistent performer, high dividend yield, significant boost to bottom line in Dec quarter results. TTM PE 7.7
Focus Lumber Disappointing quarter due to missed shipments but will rebound strongly in coming quarter. TTM PE 7.7
Latutude Strong Sept quarter, expects even stronger Dec quarter TTM PE 7.2
MagniTech Strong Oct quarter, expects even stronger Jan quarter Another high dividend yield stock. TTM PE 7.2
RAIDER COMMENT; UR PORTFOLIO IS OVER CONCENTRATED IN THE WOOD & FURNITURE BASED COMPANIES LOH.....!! NEED TO LOOK INTO PLASTIC, RUBBER AND PALMOIL BASED COMPANIES AS WELL MAH......!!
Mammy comment using local inputs for xport ind make sense loh...!! Raider pick are FLB and Evergreen both use wood based and waste loh..!! Should be ok loh....!!
"Unreasonable" sometimes is because we DO NOT KNOW the real reason. SHOULDN'T BUY when drop at "Unreasonable" reason. Must try the best to find out the reason. Else this is called, Blindly BUY. Avoid REAL REASON comes, not able to run. So my thought is not agree with the blogger, personally. No right or wrong to others.
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Posted by 10bagger10 > 2016-12-15 12:33 | Report Abuse
Fear? What fear