As pointed out by Grandpa Koon, yeah, we have serious political instability at the moment! But will we see new PM! Here's the thing, Harapan leaders and Umno are betting that mass vaccination will hit 80% vaccination rate in few months time! And so this is perfect timing to kick Mohiden and replace with new PM who will take the credit for successful vaccination! It's like Biden who is taking credit for US mass vaccination when Donald Trump was the one who pushed for vaccine development and already layed a plan for fast mass vaccination! So yeah, Harapan and Umno are hoping to get Anwar or Zahid as soon as possible so that the feel good impact will be credited to them!
Problem is, how can Zahid be PM when he has only 4 MPs backing him up! Umno MPs are no dummies! 34 MPs already standing solid behind Mohiden! I mean, why follow Zahid who won't promise them gravy train! And at this point Zahid has zero ability! That power is now in Ismail Sabri hands! As for Anwar, sure! He has 88 MPs! But he can't get more! Sabah Sarawak will not back him! That's why Anwar desperately need the court cluster! Basically Anwar Zahid is playing 'who's the bigger dumbass'! Obviously both of them are! So yeah, if Agong call all 222 MPs again, you think Mohiden will not get 100 MPs to back him! Dude, Mohiden is in position to offer you gravy train! What can Anwar offer!
Look, if mass vaccination goes as plan, we should see infections drop! Vaccine works! US and EU already opening up places and so far things are pretty okay! We should join US and EU soon, in few months time! And by then rakyat anger will cool off and Zahid will be heading to jail! As for Anwar, i think we all know what he will going to do! Yeah, the usually riot on the street! Black flag, black shirt, black rally, you get the drift! This dude sadly depends on riots to get in power!
This month, we have 14 million doses available! So 7 million will be fully vaccinated! That's 17 million malaysians fully vaccinated! That's like half of malaysians protected against Covid!
So yeah, if Mohiden able to stay in power and mass vaccination rate hit 50% by end of this month, then things should be back to normalization! So yeah, as retail investor, you should know what to do! As for Grandpa Koon, he has his agenda! You know he is up to no good forcing naive ones out by now!
Unker too many times U turn alrdy, losing much credibility like this. A good analyst must have good foresight and farsighted, and not shortsighted and constantly U turn
He cannot be so bad in trading. Almost every decision is lose money one. Buy high sell low. But as negative as I am, and I wouldn't like to think him as stooping so low to con the masses, there's no way he's so bad at trading, he's a market operator.
A few weeks ago he asked people to buy Tomei, Leon Fatt, and steel companies for long-term investment. He said these companies are very profitable and have a good prospects. Today he changes his tone already. He said he had sold all his stocks and asked everyone to get out of the market. Such a weird person. Very dishonest old man and untrustworthy.
One statement to say sorry after you all taken up his share. See! Believe him, this is the takeaway.
My mistake I must admit my mistake in recommending Leon Fuat recently because I did not foresee earlier how Covid 19 lockdown and our political uncertainty can cause serious damage to the stock prices. That is why I sold practically all my stock holdings and cashed out of the stock market.
Funny to see that a so-called "stock guru" is using a fixated amount of investment tools such as just merely looking at profits and a few ratios to dictate the movement of a stock. No wonder most of your stock pick is losing money as you failed to adapt to the dynamic market environment that will require us to constantly improve our stock investment tactics and learn from past mistakes. Yet, instead of learning from your mistakes, you just like to boast about your past achievements of being founders of various public companies to make yourself feel better. Also, using a particular steel sector that is extremely cyclical to determine the fate of other industries? Such generalisation just exposes that your investment view is so narrow.
its true though COVID-19 and the political instability has caused the dropped of the market and loss confidence from outside investor to invest in Malaysia however if follow what uncle KOON mentioned before "the GOLDEN rules" why need to cash out since you're so confident that the company you're investing follow the rules to become the one you picked ? This means that the GOLDEN rule no more applicable under this situation ? I believe that some company still doing their business good and less effected by political issues ?
@Silent88888 exactly! it seems like he is just finding his feet in stocks, changing from golden rules *pure FA to so called technical play / readings now. Is he serious? He is supposed to be the grandmaster in stocks (according to himself anyway), so why is he still fine tuning his selections here and there and making a big mess now?
@risktoreward maybe uncle old ? already forgot what he said and believe in the past few years ? from fundamental to technical uncle must be good or maybe become daily trader?
u already saw what he has done to Jaks, to Supermax, & the most fuxxed up was AT (i still believe many investor still stucked in AT with huge paper loss)..u still believe this KYY unker ah? u will die la..he will keep pijak u in the end if u follow him..just maintain your trading plan, prepare for exit if things going south, but enjoy ride when it comes
this KYY unker keep bullshitting because he just want to ride u guys
He does margin trading. In a down trend, margin call is the norm. Instead of incurring more losses, he is doing the right thing to cut loss and get out.
Ignore, few days later another article out ask you buy, the fees also can kill you
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