and predict the theme/ sector ahead of market play is excellent! So far I have bought 2 of stocks recommended, T7@0.505) MPCorp @0.045(suspended with almost Zero debt if ...)
lachai1960 and predict the theme/ sector ahead of market play is excellent! So far I have bought 2 of stocks recommended, T7@0.505) MPCorp @0.045(suspended with almost Zero debt if ...) 21/04/2019 11:14 AM
VERY SMART PURCHASES!
ESPECIALLY BUYING MP CORP AT 4.5 SEN JUST BEFORE SUSPENSION!!
UPDATE 1-Malaysia FTSE bond cut could mean $8 bln (ABOUT RM32 BILLIONS) outflows Morgan Stanley warns 3 MIN READ
(Adds detail, market reaction)
LONDON, April 17 (Reuters) - Malaysia could see outflows of almost $8 billion if its bonds are downgraded after a review by global index provider FTSE Russell, Morgan Stanley said in a research note.
FTSE Russell said on Monday that it would review Malaysia’s market accessibility level in its World Government Bond Index (WGBI) due to concerns about market liquidity.
Malaysia’s currency and bonds weakened as investors worried about the prospect of its debt being removed from the index. Yields on Malaysia’s five-year benchmark bond gained more than 10 basis points, while those on three-year debt rose by more than 4 basis points.
Malaysia, currently assigned a ‘2’ and included in the WGBI since 2004, was being considered for a potential downgrade to ‘1’, making it ineligible for inclusion, FTSE said.
Foreign investors have been reducing their Malaysian government bond holdings since late 2016 and held $37 billion as of late March 2019, Morgan Stanley said.
THIS IS BECAUSE THEY PERCEIVE MALAYSIA USING TAX PAYERS MONEY TO BAIL OUT TABUNG HAJI & FGV (RM6.2 BILLIONS)
SO THEY ARE SELLING
THAT IS WHY ALL MUST BE VERY CAREFUL NOT TO CHASE HIGH FLYING HOT STOCKS NOW!
WITH LIQUIDITY DRAINED AND MANY COMPANIES IN DEBT DISTRESS LIKE JAKS, SEACERA, PERISAI, BARAKAH, ALAM, PERDANA, SCOMI, KNM, DAYA, SUMATECH, THHEAVY, SAPNRG, BUMI ARMADA THERE WILL BE A BIG SQUEEZE LEADING TO MORE RIGHTS ISSUE OR PRIVATE PLACEMENT
IF STILL CANNOT RAISE CAPITAL THEN INSOLVENCY LIKE STONE MASTER AND THEN BANKRUPTCY
1. T3 to T2 2. Rm1. 9 Billions Maybank loan to Hyflux goes up in smoke 3. Rm32 billions foreign bond selling and leaving Malaysian shores 4. Norway leaving EM bonds 5. Will Norges Fund also sell EM shares?
Foreign funds have been fleeing Malaysia since 2014.
1. Who cares what the contra is. In many countries ( even in nasdaq) where I invest there is no such thing as contra. Everything is moving day faster and more efficiently. You put money in interstate l immediately, you get money out immediately. It will not change the business fundamentals of bursa much. 2. Maybank makes 2 billion in earnings every quarter. If the loan goes up in smoke, will it be a continuous drag on future mbb earnings? No right? It will be at most a one time thing. The share price will definitely drop, causing mbb shares to be very very enticing. Look at salad oil crisis for amex. Same theory. Most likely same investment pattern. You have me another chun Chun buy call in Maybank this year.
3. Bond selling and foreign investor fleeing has been going since 2013. Here is real data.10 years for you to understand where we are in the market cycle.
Changing of government will always bring the stock market down. As long as you did not buy on margin, you will be ok. The drag on all boats will be unfortunate, but that means you will have a big discount for you to buy ( I bought gkent, pchem using the same methodology). In the long run with a transparent, new government with a interest in making the country ( not themselves) successful like in Singapore. I am VERY VERY optimistic in Malaysia's long term future. After have only one side of the coin for more than 50 years, I am excited to see how the other side will perform. If you can buy it cheap now, when Malaysia overall business starts to turn out better ( we are already in the worst position in decades), at the bottom we can only look up.
Be patient, if the foreign investment leaves, when Malaysian companies starts performing, they will be back with a vengeance.
4.& 5. The main reason for them leaving is because of low confidence in Malaysian business and stock market. There are many many value traps in bursa, many crooks, many goreng counters. Once all the bad companies are flushed out, companies like talamt, protasco, sumatec, karambunai, destini, t7, basically all of Calvin tan value traps are squeezed out and delisted, proper healthy companies will be left. After this great housecleaning, you will have more minority shareholders investing in good performing, dividend giving companies instead of all the really wonderful Malaysian companies being privatised left right center and nothing for us smallholders ( weida, old town coffee, bernas, etc).
Imagine if you were a foreign investor, would you invest money into North Korea?
Confidence and reliability is key. I look forward to a Malaysia spring cleaning.
Tahnks Mr Cal AHMAD ZAKI RESOURCES BHD and MRCB Congra to all holders for MRCB WCT AZ IWcity Eko ThanksMr Calvin for Tips on MRCB and AHMAD ZAKI RESOURCES BHD I buy MRC abd AHMAD ZAKI RESOURCES BHD at lowest price becaose of MR Calvin good reports and I agreed Calvin on MR and AZ
And Guys must must must remeber Ivan principle, theory, philosophy remeber
Expensive share can be even more expensive , Overvalue company can be even more Overvalued Undervalued can be crazy undervalued again
So Ivan still Keep AZ , WCT EKO MRCB Iwicity , and Ivan just wake up only, Ivan is slepp until around 2 PM so thay why Ivan said Ivan not see morning stock only afternoon Why , Because Ivan still got other job Ivan only will spend 2 hours to watch if over Ivan rugi because Ivan other job also can earn more money than market .
Ivan is long term keep a rugi company until profit example Reach,AZ, Mrcb.Iwcity keep 1 years trop mkland keep more than 3 years so Ivan no need everyday see market also OK becos I play long term
Remember the important part: cheaper company can go cheaper like bjgroup .bjland . expensive company can even more expensive like Ranhil . topgkive top glove. favco. supermax . iwcity
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....
lachai1960
19 posts
Posted by lachai1960 > 2019-04-21 11:05 | Report Abuse
Calvintaneng,
I have been following your recommendation of stocks for quite sometimes, your method of selecting stocks