good morning peeps... have been a silent follower but can't help to join in the discussion with all the experts here.. my target price is 2.04, still long way to go :)
U are right...I guess it might reach 2.00 by year end when institutional funds started to acquire tis undervalued stock...at the moment let it stay at 0.90 need to buy more at low price...Don foreign it!
IMPORTANT GEO-POLITICAL EVENTS & MARKET RISKS ========================================================= North Korea Defies Trump With Missile Test by Kanga Kong April 16, 2017, 7:09 AM GMT+8 April 16, 2017, 11:10 AM GMT+8 • North Korean missile explodes in test launch day after Kim Jong-un showcases new ballistic arsenal • Hostilities in the region surge US President Donald Trump sends aircraft carrier-led strike group to the Korean peninsula • PUBLISHED : Sunday, 16 April, 2017, 8:03am
CRITICAL TIMELINE FOR MORE MISSILE OR NUCLEAR TESTS ---------------------------------------------------------- POSSIBLY WITHIN THE NEXT 10 DAYS TO 25TH APRIL. MOST SIGNIFICANT DATE IS 25/4/2017 BEING THE ANNIVERSARY OF THE FOUNDING OF THE PEOPLES ARMY.
US, allies weigh options after North Korea's missile test: Trump adviser "What (is) particularly difficult about - about dealing with this regime, is that it is unpredictable," he said.
OTHER IMPORTANT GEO-POLITICAL EVENTS AND DATES ----------------------------------------------------
USA DEBT CEILING EXPIRED ON 15/3/2017. -------------------------------------- UNLESS EXTENDED US GOVT TO RUN OUT OF CASH THUS FACING GOVT SHUT DOWN IN A NEXT FEW MONTHS TIME.
FRENCH ELECTIONS ON 23/4/17 AND 3/5/17 ----------------------------------------- 2 LEADING FAR RIGHT CANDIDATES WOWED TO WITHDRAW FROM EU AND EURO IF THEY WIN. (CAN HAPPEN AS SEEN IN THE UNLIKELY WIN BY PRESIDENT TRUMP AND THE BREXIT) A FRENCH EXIT OR FREXIT WILL BE FAR MORE DISASTROUS TO THE WORLD ECONOMY AND THE WORLD’S STOCK MARKETS Le Pen victory could be five times as dangerous as Greece's financial meltdown: UBS Sam Meredith | @smeredith19 Tuesday, 28 Mar 2017 | 9:19 AM ETCNBC.com
Sylvain Lefevre | Getty Images Europe could be on track to encounter a shock wave up to five times as turbulent as the start of the euro zone debt crisis if French presidential candidate Marine Le Pen was able to secure victory in May, according to a team of UBS analysts. Strategists at the Swiss banking giant stressed the prominence of the anti-immigration and anti-European Union National Front leader meant France's fast approaching general election would be the most serious political risk event in the region this year. France exiting the euro would be the largest sovereign default in history with serious contagion effects Daniel Lacalle, CIO of Tressis Gestion Wednesday, 22 Feb 2017 | 1:06 AM ETCNBC.com
Alain Jocard | AFP | GettyImages A few days ago, David Rachline of the far-right National Front party in France said that "the debt of France is about 2 trillion euros ($2.1 trillion), about 1.7 (trillion euros) are issued under French law, which means that it can be re-denominated."
The economic program of the National Front specifically calls for the exit of the euro and the creation of a new currency, the French franc, which would be "closely" linked to the euro while allowing the government to undertake "competitive devaluations" making the transition in an "orderly way".
There is only one problem. It does not work. There is no "orderly exit" from the euro. It is an oxymoron.
This would be the largest credit event in history and would create a massive contagion effect throughout the euro zone. The euro, obviously, would suffer from the break-up risk, so the fallacy of the "closely linked" second currency is simply a joke. Both would collapse in tandem. (NEED TO BE AWARE AND ALERT TO SUCH GEO-POLITICAL EVENTS LOOMING IN THE HORIZON ) HighlightsPerform research on stocks before trading. Check out the Price Target page. 0
Bro, let me see if I can go for Union Suites launch this weekend (22-23 Apr). I have been too busy lately.
Nothing much I can share now besides what you've alr mentioned. I'm expecting good take up rates for the same reasons as what the COO mentioned in the article. Small built-up sizes at RM880psf shouldn't be too hard to sell I believe.
The project is another high rise development so even if sales is good we still need to wait for the construction progress for Symlife to recognize the profits.
UPDATES (INDICATIONS ARE GROWING THAT THE GEO-POLITICAL TENSIONS ARE RECEDING WHILE THE ECONOMIC FUNDAMENTALS ARE IMPROVING) ==================================================================== White House: Trump won't draw 'red lines' for North Korea Pence says US will work with Japan, allies to find peaceful North Korea solution (WILL SIGNIFICANTLY REDUCE WAR RISKS )
Neal Kimberley Why the gloom? ‘Dealmaker’ Trump pivots on China... and things are looking up ‘If the region as a whole does well, China is well-placed to benefit’ PUBLISHED : Tuesday, 18 April, 2017, 10:13am
Given the critical tone towards China that was evident in US President Donald Trump’s campaign rhetoric, it might have appeared a far-fetched notion that a few months into a Trump presidency China-US economic relations would still be on an even keel and the broader outlook for the Chinese economy seem relatively rosy. But such is the case. The Florida summit between Trump and his Chinese counterpart Xi Jinping appears to have gone smoothly. Indeed only last week Trump, who had previously been very vocal about China’s policies towards the yuan, said China were “not currency manipulators”, a stance confirmed in an official report from the US Treasury on April 14. All things considered, the outlook for China’s economy currently looks reasonably rosy
But in truth, based on the campaign rhetoric that dominated Trump’s successful race for the White House last year, who would honestly have bet on China-US trade relations still being amicable at this stage of Trump’s first term in office? “I’m the best dealmaker there is,” said Trump in 2015, but he also said separately that “to be a great dealmaker, you have to be flexible”. Perhaps that flexibility is now guiding his attitude to China. All things considered, the outlook for China’s economy currently looks reasonably rosy.
Why Trump's next big policy reversal could be on the TPP Nyshka Chandran | @nyshkac
Trump still has time to change his mind on TPP, King warned, noting that the treaty text remains valid until February 2018. (WILL BE POSITIVE FOR WORLD AND ASIAN ECONOMIC GROWTH)
Economists: Malaysia to benefit from China’s strong growth FMT Reporters | April 18, 2017 Growth of 6.9% in first quarter of 2017 reflects healthy demand in China which will likely translate into higher exports from Malaysia, says report. KUALA LUMPUR: China’s economy grew faster than expected in the first quarter of 2017 – and this is good for Malaysia. The 6.9% growth – the strongest since 2015 – was above the consensus estimate of 6.8%. This is good for Malaysia as China is Malaysia’s largest trading partner. Affin Hwang Investment Bank Bhd chief economist Alan Tan told The Edge Financial Daily that the strong gross domestic product (GDP) growth reflected a healthy domestic demand in China. “A combination of better external and domestic demand would mean that Malaysia should benefit not just from China’s demands for manufactured goods but also for Malaysia’s commodity-related products,” he was quoted as saying. Tan believed Malaysia could now perhaps possibly achieve the upper end of Bank Negara Malaysia’s forecast of 4.3% to 4.8% GDP growth
UPDATES (INDICATIONS ARE GROWING THAT THE GEO-POLITICAL TENSIONS ARE RECEDING WHILE THE ECONOMIC FUNDAMENTALS ARE IMPROVING) White House: Trump won't draw 'red lines' for North Korea As Trump warned North Korea, his 'armada' was headed toward Australia (no real intention for any confrontation)
Pence says US will work with Japan, allies to find peaceful North Korea solution(WILL SIGNIFICANTLY REDUCE WAR RISKS )
FRENCH ELECTION. FREXIT ? : UNLIKELY ----------------------------------------- CENTRIST & PRO-EU CANDIDATE MACRON IS STILL LEADING IN SURVEY POLLS BY 63% SPEAKER AT RECENT KENANGA INVESTMENT SEMINAR OPINIONED THAT UNLIKE UK WHICH IS NOT BENEFITING MUCH ECONOMICALLY FROM EU, THE FRENCH IS DOING HUGE TRADES WITH ITS EU PARTNERS AND THE FRENCH VOTERS WISH TO RETAIN ITS HUGE ECONOMIC ADVANTAGES BY REMAINING A EU MEMBER. THE FRENCH ONLY AGAINST THE TOO LIBERAL IMMIGRATION POLICIES.
A CONTRARIAN STRATEGY TO PROFIT FROM STOCK INVESTMENTS ------------------------------------------------------
Mark Mobius: Here’s what investors need to ‘see through’ if they want to make money
Mark Mobius on global investment risks Tuesday, 18 Apr 2017 | 4:49 PM ET | 01:55
Investors who run the other way when they hear negative headlines are making a big mistake, according to Mark Mobius of Franklin Templeton. "Situations like we see in North Korea, what we're seeing in the Middle East will be with us for quite some time. But that doesn't mean countries don't continue to grow," he said in a Tuesday interview on CNBC's "Trading Nation." "We're going to see continued growth," and investors should "see through" negative headlines to the underlying fundamentals, said Mobius, executive chairman of Templeton emerging markets group. "If you look at the price charts, in dollar terms, for a place like Brazil or India [that] from one time to another has bad headlines, the reality is that stock prices continue to go up in dollar terms, so we've got to keep an eye on those prices," he added. His remarks come as Bank of America Merrill Lynch's fund manager survey showed that investors are becoming more optimistic about the emerging markets, which include China, India, Brazil and Mexico. Investors "aggressively" bought emerging market stocks in April, propelling allocations to five-year highs, according to the report. Looking forward, investors ought not to be deterred by a rising interest rate environment in the U.S., according to Mobius. When considering investing in emerging markets, people have been "so afraid of higher interest rates, not realizing that higher interest rates in the U.S. don't necessarily mean a down market; sometimes interest rates go up and the markets go up. And this has been happening with emerging markets; emerging markets are going gangbusters," Mobius commented Tuesday.
Manage to briefly attend Union Suites launch on Saturday. Some details:
- According to salesperson (whether accurate or not I don't know), >200 bookings, about 30 have signed S&P - Units currently open for booking from level 8-31 (apartments are from level 8 to 41, level 42 is facilities floor) - So 456 units open for booking (19 apartments each floor from level 8-31). Total units: 626 units - 8% discount for people who book during launch. Booking fee RM10k - Fully furnished. Maintenance fee at 37 sen psf
Nearby competitor is Sunway Geo Residences 3, but this is bigger units (and hence more expensive) ranging from 988 to 1,772 sq ft.
New IPO: The onshore and offshore support services provider for the O&G industry, Steel Hawk Bhd aims to list on the Ace Market!
MQ Trader 3407 views | 3 d ago
0:17
New IPO: The largest mini-market player and a leading groceries retailer in Malaysia, 99 Speed Mart Retail Holdings Bhd aims to list on the Main Market!
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....
nooobieee
470 posts
Posted by nooobieee > 2017-04-05 15:52 | Report Abuse
maybe lee oi hian is selling, his cost around .7x