JTiasa has moved, Utd Plantation has touched RM 20. Even Innovest has moved up from 1.30. TH Plantation has moved up also. Only Plantation shares with very good prospects, with little or no borrowings, but yet not recognised by market is TSH.
Malaysian market put too many restrictions and just does not appear on the radar of many big foreign investors who have plenty of choices. A Bull Run ??? Q4 2023 GDP is a great disappointment. A simple Bull market will be a blessing. Dream on!
The highest point of Jakarta Composite index (JKSE) was at 743 in 1993, the present JKSE is at 7,323 on 18/2/2024, an increase of 6,580 points or 886% in the last 30 years. Indonesian investors are super rich.
The highest point of FBMKLCI was at 1,332 in 1994, the present FBMKLCI is closed at 1,534 on 16/2/2024, an increase of 202 points or 15.3% in the last 30 years. Malaysian investors are very poor.
Very misleading loh! U should not use the highest index price in 1993 mah! U should use the closing index price 1993 as comparison loh!
Using highest index price as a base of comparison very misleading loh!
Posted by OTB > 20 minutes ago | Report Abuse
The highest point of Jakarta Composite index (JKSE) was at 743 in 1993, the present JKSE is at 7,323 on 18/2/2024, an increase of 6,580 points or 886% in the last 30 years. Indonesian investors are super rich.
The highest point of FBMKLCI was at 1,332 in 1994, the present FBMKLCI is closed at 1,534 on 16/2/2024, an increase of 202 points or 15.3% in the last 30 years. Malaysian investors are very poor.
Very sad for Malaysian investors. Thank you. ------------------------ When the readers in this forum make some money, no point to spread fear and jealous we make money. KLSE stock market is far ... far ... worse than other stock markets in the last 30 years.
Even the share price of YTLPower moves up north to 5.88, it is still nothing to compare against other best performing stock in other stock market. KLSE is still a laggard stock market in SEA. Thank you.
in 1993 bull run, retailers no need come up with any cash for 7 days! and many ppl were putting rm0 upfront, many were buying and selling off the security houses money. this so called Free Money drove the Bull Run to dizzing levels nowaday very different. most security houses give u small trading limit without upfront cash. We may have a bull run, but will 100% not be like 1993.
hard assets = valued stocks, land, precious metals (gold) etc all fiat currencies (including USD) = ziro value, printed from nothing with no asset backing.
Mani stock mkts throughout our world are hitting all time high now. People got lost faith in the fiat currencies which are losing their purchasing power and prefer to keep their wealth in stk mkts rather than in fiat currencies.
The highest point of Jakarta Composite index (JKSE) was at 743 in 1993, the present JKSE is at 7,323 on 18/2/2024, an increase of 6,580 points or 886% in the last 30 years. Indonesian investors are super rich.
The highest point of FBMKLCI was at 1,332 in 1994, the present FBMKLCI is closed at 1,534 on 16/2/2024, an increase of 202 points or 15.3% in the last 30 years. Malaysian investors are very poor.
Very sad for Malaysian investors.
KLSE stock market is far ... far ... worse than other stock markets in the last 30 years.
Even the FBMKLCI Index moves up north to 2,000 points, it is still nothing to compare against other best performing stock markets. KLSE is still a laggard stock market in SEA. Thank you.
The ringgit’s recent performance follows similar trends with other regional currencies, the central bank said, which it attributed to external factors like market adjustment to changing US interest rates and uncertainty around China’s economic prospects.
On a long term basis : all currencies including USD = 0 value as they are printed from NOTHING. gold = always on uptrend with no upper max. limit !!! 😍🥰🤩
For in the space of 3 months between January and March 2023, Singapore’s central bank has quietly bought an incredible 68.7 tonnes of gold, making Singapore the world’s leading sovereign gold buyer for the first quarter of 2023, even ahead of China.
Singapore's central bank ... ultra smart, buy and keep gold as reserve instead of the worthless , fiat currencies.
The main stock market index in Malaysia (FKLCI) increased 101 points or 6.96% since the beginning of 2024, according to trading on a contract for difference (CFD) that tracks this benchmark index from Malaysia.
Numbers do not reflect the real strength of economy. It is for the number crunches who wants to paint a picture of positivity or negativity with a "I told you so" pattern.
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