Blog: Oceancash - worth more than its market price

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2 comment(s). Last comment by hstha 2017-09-08 21:32

lotsofmoney

914 posts

Posted by lotsofmoney > 2017-09-07 09:52 | Report Abuse

Total bullshitting.

hstha

3,324 posts

Posted by hstha > 2017-09-08 21:32 | Report Abuse

Maybe it's not time to buy export stocks as they have been overbought due to a weak ringgit.
Ringgit may consolidate further. It's expected that ringgit will recover in 2H.

KUALA LUMPUR: Standard Chartered recommends selling USD/MYR via three-month onshore deliverable forwards with spot target of 4.00 and stop-loss of 4.36, according to Bloomberg citing a report by strategist Divya Devash.
http://www.thestar.com.my/business/business-news/2017/09/06/sell-usd-myr-forwards-on-undervalued-ringgit/#e7rrUOXsKkKmLb02.99

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