Posted by katsul51 > 2021-04-07 13:42 | Report Abuse

Thanks for the article Ben. Appreciate your constant and valuable update.

Posted by Bizfuneng > 2021-04-07 19:41 | Report Abuse

So the foreign investors now have becoming a net buyer. Is it good or bad?

Posted by signn > 2021-04-07 19:44 | Report Abuse

should be good foreign funds are buying.

prepare for the next upside

Posted by arv18 > 2021-04-07 21:48 | Report Abuse

If a tree falls in a forest and no one is around to hear it, does it make a sound?

Posted by Ben Tan > 2021-04-08 08:34 | Report Abuse

katsul51, Bizfuneng, signn, thank you for your comments.

Bizfuneng, foreign institutional investors buying certain shares doesn't affect (for the most part) the business of the companies they are buying shares of, so from purely investment point of view it makes no major difference. However, in general higher institutional investor shareholding base means less volatility in the stock price, as compared to higher retail investor shareholding base, so this might be one positive.

Posted by yong99 > 2021-04-08 12:39 | Report Abuse

Hi , am newbie in stock investing .
Could anyone explain what ‘net buy’ means ?
Isn’t the short selling of glove stock been participated by foreign investor too ?
Does this indicate that they value that they bought more than they sell ? Then why is the net short position of TG still stand at 3 % ?
Thank you.

Posted by Ben Tan > 2021-04-08 15:47 | Report Abuse

yong99, thank you for your comment. My best advice would be to stay away from the stock market if you are unprepared. Otherwise the chance of disappointment is much higher than the opposite.

Posted by yong99 > 2021-04-08 16:59 | Report Abuse

Okay thanks for your advice

Posted by newbie8080 > 2021-04-09 19:35 | Report Abuse

Actually, foreign buying may not be a good thing.

2 reasons

One, some of them do not stay long term (>5years), when exit due to their large size, will be a drag on share price.
a)Exit due to forex not favorable to their home country.
b)Exit due to financial crisis and needing to unwind their position to support their local portfolio.

Two, their influence as majority shareholding such as Carl Icahn and Nelson Peltz are normally act as activist to unravel scandals or CBT issues within the company.
In this case, may further hurt on ESG issues in Msia.

Posted by arv18 > 2021-04-13 20:06 | Report Abuse

One thing you can always count on is a nice slump in glove stocks when Ben Tan writes an article. Cheers Ben.