Blog: 250118 am: 'Now is not the time to buy shares in Bursa Msia..'

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5 comment(s). Last comment by speakup 2018-01-25 10:22

Mohd Fahmi Bin Jaes

29,216 posts

Posted by Mohd Fahmi Bin Jaes > 2018-01-25 07:44 | Report Abuse

they also want to buy at low price

ChloeTai

1,452 posts

Posted by ChloeTai > 2018-01-25 09:10 | Report Abuse

Agree. Now no clear direction. Looks like toppish but there is no clear crisis to sell down. Better stay sideline. I do not think Bank Negara will raise interest rate today.

Junichiro

2,063 posts

Posted by Junichiro > 2018-01-25 10:01 | Report Abuse

Bursa does not need a crisis to sell down. It is the gomen funds that engineer a sell down n after hitting a low, they buy back n we, the ikan bilis, also chase after the shares on seeing it rebounding. Gomen funds e.g. EPF ... survives using this method since they are the dominant force in Bursa. Retail n foreign funds make up only a small percentage.

Felicity

104 posts

Posted by Felicity > 2018-01-25 10:04 | Report Abuse

Precisely

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Bursa does not need a crisis to sell down. It is the gomen funds that engineer a sell down n after hitting a low, they buy back n we, the ikan bilis, also chase after the shares on seeing it rebounding. Gomen funds e.g. EPF ... survives using this method since they are the dominant force in Bursa. Retail n foreign funds make up only a small percentage.

speakup

27,074 posts

Posted by speakup > 2018-01-25 10:22 | Report Abuse

http://cpteh.blogspot.my/2018/01/e-meeting-preparation-for-crash.html

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