don't forget key asic and hubline also.....every year been bleeding until left suspenders only.i think must ask ah jib bangrupts n pocket kosong people can drive Bentley ar? hahaha
All those penny went up because the operator already finger itchy, can't wait to mark up the share price. They have been waiting for this opportunity for years. Imagine suppressing the price flat for years, you think no need patience ah? When penny stock A got marked up insanely like 50% in a week, operator B will get a boost of confidence that now it's his turn to mark up penny stock B, this cycle continues with operator C,D,E and so on. The reason they are doing can only be: they believe the whole market will soon rally insanely again like 1993 or 2006/7. These are the telltale signs.
Stock prices are determined by their fundamentals and investors'sentiment, but Malaysian people tend to focus more on investors' sentiment. That's why they cannot stop downward trend of the market easily.
SINGAPORE: Fidelity International favours Singaporean and Malaysian stocks in the short term, while it likes Thai stocks the least in Southeast Asia because of weak growth.
Singapore benefits from global and regional growth because of the focus of businesses in the city-state, says Gillian Kwek, equities portfolio manager for Southeast Asian equities.
“Outlook for Malaysia’s corporate earnings is good in next six to 12 months because of upcoming elections and increased investments,” she said at media briefing on Thursday.
Asean benefits from young and growing workforce, rising savings rate; government are capping their fiscal deficits to 3% of GDP and that’s helped maintain stable monetary policies.
Meanwhile, Fidelity is cautious on credit markets, according to Charles McKenzie, the London-based chief investment officer for global fixed income.
He cites risk of recession in US, which has had 32 quarters of successive growth; that’s good for govt bonds but not for credit.
Also points out that excessive leverage globally is an unresolved financial risk
In Asia US dollar-denominated debt market, there are investment opportunities in triple-B and double-B as the “sweet spot" for credit, Bryan Collins, fixed-income portfolio manager for Asia Pacific, says at same briefing. - Bloomberg
KLCI very shameful compare to Thailand SET.....last time KLCI difference of a few hundred pts now KLCI 1743 THAI SET 1683. yesterday thai 1707.soon in future THAI index gonna shoot past msia
KLCI has not been affected by a global rally, so it may not get affected by global bearish markets negatively. Global bearish markets could have a positive impact on KLCI.
must ask jamal for tips cos now whole BOOSA control by thugs and goons.foreigners exiting BOOSA,everyday down bit by bit and soon thai set gonna be higher than BOOSA
Elsewhere in Asia, Japan's Nikkei 225 rose 0.04%, South Korea's Kospi climbed 0.67% while Hong Kong's Hang Seng was up 1.17%.
Reuters reported Japan's Nikkei share average rose for the 14th straight session on Friday to post its longest winning streak in over 50 years, as a weaker yen helped stocks recoup earlier losses.
Regarding how the bearish market started, I think many fortune tellers in news articles and forums were involved. Malaysian investors tend to follow them blindly compared to traders in other markets.
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 3760 views | 4 d ago
0:17
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....
apolloang
18,163 posts
Posted by apolloang > 2017-10-19 00:42 | Report Abuse
don't forget key asic and hubline also.....every year been bleeding until left suspenders only.i think must ask ah jib bangrupts n pocket kosong people can drive Bentley ar? hahaha