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37 comment(s). Last comment by apolloang 2017-10-27 22:50

lextcs

1,961 posts

Posted by lextcs > 2017-10-27 14:25 | Report Abuse

if this is a bulls march then its a one of the kind bull...silly bull

lextcs

1,961 posts

Posted by lextcs > 2017-10-27 14:33 | Report Abuse

syiok sendiri bullshit

Junichiro

2,037 posts

Posted by Junichiro > 2017-10-27 14:52 | Report Abuse

What is so exciting abt the budget? Our debt level has already reached its limit. If they say our GDP is up n up, why are the common ppl suffering? Perhaps only the selected few benefited.
I believe it is the EPF buying to give the impression that the budget excites. Once they stop buying, the prices will retreat.

Junichiro

2,037 posts

Posted by Junichiro > 2017-10-27 14:57 | Report Abuse

I suppose EPf is buying KLCI component stocks to push up the index. The overvalued telcos are all up.

Posted by Avicenna Avi > 2017-10-27 18:23 | Report Abuse

@Junichiro: stock market does not behave like what u think. it does not even care who suffers what. btw, traders don't trade KLCI component stocks. those are not trading stocks :)

Posted by Avicenna Avi > 2017-10-27 18:25 | Report Abuse

@lextcs: u dun even know the diff between bull vs bull market. punt here & there like god of gamblers,lose money & blame other people (small2 doun wanna die, big2 trouble people) :D

Posted by ScrewDriver > 2017-10-27 19:47 | Report Abuse

Actually today net buyer was foreign fund, not local fund.

Posted by Avicenna Avi > 2017-10-27 19:59 | Report Abuse

@ScrewDriver: exactly. local boys like to buy low thus pressing the share prices down. people got burn & they call it 'value investing'. what a crap!

apolloang

18,163 posts

Posted by apolloang > 2017-10-27 21:01 | Report Abuse

no goodies for the market at all.....bursa on Monday down again

apolloang

18,163 posts

Posted by apolloang > 2017-10-27 21:17 | Report Abuse

got any good news u please say so....I am just talking the truth,u wanna bluff people is it?

latlut

302 posts

Posted by latlut > 2017-10-27 21:30 | Report Abuse

index up due to tenaga. thats all.

TheContrarian

8,724 posts

Posted by TheContrarian > 2017-10-27 21:49 | Report Abuse

Yes, right from the beginning due to Tenaga.

apolloang

18,163 posts

Posted by apolloang > 2017-10-27 21:53 | Report Abuse

this is not any good news for the market,this is your assumption....budget got any good news for the market?

apolloang

18,163 posts

Posted by apolloang > 2017-10-27 21:55 | Report Abuse

this budget fully fishing for votes,not exciting the market at all.no budget boosting for the tech sector also

apolloang

18,163 posts

Posted by apolloang > 2017-10-27 22:01 | Report Abuse

then y u say I crow mouth? if ah jib no announce anything good,u tell me to announce good meh?

apolloang

18,163 posts

Posted by apolloang > 2017-10-27 22:07 | Report Abuse

u sendiri tipu sendiri,anyway likely overall market down on mon but tech can up cos nasdaq another new high

hstha

3,324 posts

Posted by hstha > 2017-10-27 22:11 | Report Abuse

Grants to manufacturing sector will help boost glove industry — Supermax http://www.theedgemarkets.com/article/grants-manufacturing-sector-will-help-boost-glove-industry-—-supermax

apolloang

18,163 posts

Posted by apolloang > 2017-10-27 22:11 | Report Abuse

bad must say bad,only good will say good.telling lies is no good lah

TheContrarian

8,724 posts

Posted by TheContrarian > 2017-10-27 22:18 | Report Abuse

apolloang, why do grumpy lately?

TheContrarian

8,724 posts

Posted by TheContrarian > 2017-10-27 22:20 | Report Abuse

It's an election budget. I benefit from about 2% income tax cut. I also save 6% gst from purchase of magazines.

apolloang

18,163 posts

Posted by apolloang > 2017-10-27 22:22 | Report Abuse

no grumpy lah just no goodies for the market and no benefit me also at all

apolloang

18,163 posts

Posted by apolloang > 2017-10-27 22:23 | Report Abuse

u very syok mah vote for BN lo.....hahaha

apolloang

18,163 posts

Posted by apolloang > 2017-10-27 22:24 | Report Abuse

maybe grumpy wif u for telling me to sell butaland....hahaha

TheContrarian

8,724 posts

Posted by TheContrarian > 2017-10-27 22:29 | Report Abuse

You no benefit from income tax drop of 2% on up to chargeable income of RM70k? You don't buy magazines?

apolloang

18,163 posts

Posted by apolloang > 2017-10-27 22:32 | Report Abuse

gila....70k income can own a penthouse and drive a beemer? hahaha

hstha

3,324 posts

Posted by hstha > 2017-10-27 22:32 | Report Abuse

Nasdaq is super bullish tonight. haha Tech stocks are poised to surge on Monday.

apolloang

18,163 posts

Posted by apolloang > 2017-10-27 22:33 | Report Abuse

70k income enough to buy only an apartment.....hahaha

Posted by ScrewDriver > 2017-10-27 22:33 | Report Abuse

I think it was only partly due to budget 2018. Compared to other regional peers, FBMKLCI price level was quite suppressed recently, while others were rallying.
Maybe it's time for Fbmklci to play catch up now.

apolloang

18,163 posts

Posted by apolloang > 2017-10-27 22:35 | Report Abuse

klci up no use must overall market up......many counters are left behind and untraded.must gain investors confidence instead of pump and dump

apolloang

18,163 posts

Posted by apolloang > 2017-10-27 22:41 | Report Abuse

sure down a lot in the short term if change of ruling coalition cos govt institutions now holding a lot of stocks in the market compared to foreign funds.

Larrytrader

1,453 posts

Posted by Larrytrader > 2017-10-27 22:42 | Report Abuse

bullish?hanya ada bullshit

Posted by ScrewDriver > 2017-10-27 22:44 | Report Abuse

I don't see positive market movement necessary to favour the incumbent government.
We can have market rally and change of ruling coalition, both at the same time.
US general election last year is a prime example.

Today could really marked the real, genuine, non-phony reversal after 6 months of correction. The volume today is of no joke.

TheContrarian

8,724 posts

Posted by TheContrarian > 2017-10-27 22:44 | Report Abuse

We will definitely have a rally if there's a change in government.

apolloang

18,163 posts

Posted by apolloang > 2017-10-27 22:48 | Report Abuse

sure will collapse like in 2008 klci down 100pts when BN fail to win 2/3 majority.also if BN loses likely chaos,govt institutions will dump stocks.only after govt steady handover market will rise

hstha

3,324 posts

Posted by hstha > 2017-10-27 22:48 | Report Abuse

You should see a big picture. Budget 2018 itself is just a trend changer. Change of Investors sentiment is more important.

apolloang

18,163 posts

Posted by apolloang > 2017-10-27 22:49 | Report Abuse

if bn lose myeg,pmetal and many more will limit down

apolloang

18,163 posts

Posted by apolloang > 2017-10-27 22:50 | Report Abuse

what trend changer? no benefit the market in a big way at all,only benefit the rural people who doesn't even know a thing about stocks

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