Hopefully the worst will be over by August 2023. The downtrend in KLSE since July 2014 until today is too long. KLSE is the worst stock market in SEA since July 2014. We never see a bull market in KLSE since July 2014.
Hope to see a new upcycle and a bull market in KLSE from September 2023 onward and will last a long time. Good luck to all investors in KLSE after September 2023.
I hope those who read this article like speakup has started to invest heavily in KLSE. I believe a bull market in KLSE will start in the second half of 2023. This bull market will last a long one since KLSE was in a bear market in the last 10 years. KLSE cannot be a bear market permanently, it is too long, a bull market will come back soon. We should see the light at the end of the tunnel, a few good signals have appeared. 1. The Malaysian economy expanded by 5.6% in the first quarter of 2023 (Q1 2023), comparing favourably with regional growth such as Indonesia (5%), China (4.5%) and Vietnam (3.3%). The Q1 2023 growth performance contributed strongly towards the achievement of the 2023 whole year forecast of 4.0% to 5.0%. To me it is good news and it should benefit the performance of KLSE. 2. I believe our unity government will perform well in the 6-state elections to convince all investors that the worst is over. No more perception of unstable federal government. 3. The latest report on US dollar index, the index falls below 100 points. It means the USD will drop further against RM. The conversion of USD to RM is at 4.53 today. It means foreign funds will stop to flow out from KLSE. 4. The economic data of Malaysia showed a big improvement in May 2023, the inflation rate is reduced to 2.8% which is a good news to KLSE.
Good luck to all investors, hope a bull market starts in KLSE soon to help all readers to make a lot of money in the next 2 years. Hope to see more millionaires are produced in KLSE, do not believe other stock markets are always better than KLSE. It is a matter of timing only. Thank you.
Looking at daily chart closing price, there is a double bottom at 1,373. You can say it is almost bottom at 1.373. I hope to see a new upcycle after August 2023, I also hope it is a long upcycle and a bull market for FBMKLCI after a long downtrend since July 2014. I hope all investors will laugh all the way to the bank after August 2023. Hopefully we can see a bull market in KLSE after a long bear market for almost 10 years since July 2014. Good luck to all investors in I3. Opportunity hits but once. You should start to invest in KLSE, you will be rewarded handsomely in the next few years. Thank you.
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....
Zhuge_Liang
2,507 posts
Posted by Zhuge_Liang > 2023-07-02 20:44 | Report Abuse
Hopefully the worst will be over by August 2023. The downtrend in KLSE since July 2014 until today is too long. KLSE is the worst stock market in SEA since July 2014.
We never see a bull market in KLSE since July 2014.
Hope to see a new upcycle and a bull market in KLSE from September 2023 onward and will last a long time.
Good luck to all investors in KLSE after September 2023.