The real kill is the next two weeks. Trump has enforced the tariff on its neighbours and EU. Next, they would retaliate. In addition, Trump is planning to enforce tariff on China import by mid June. Chine would retaliate as well. Recall the 1000 DJI drop in Feb? This would be the second round.
Trade war is already a non-event. The severity of this crisis has somehow price into the price of global stocks earlier this year. Everybody knows Trump is going to impose tariffs on certain goods. Anyway only a loser impose tariffs because it's own industries are not competitive. If you produce things efficiently naturally the price of your end products are cheap compared to others. This is called "comparative advantage". Malaysia has a lot of comparative advantage such as young and educated work force, no natural calamity such as typhoon and earth quake, fertile land, abundant natural resources and so on.
So if given the right policies implementation by the government, Malaysia will again rise as the new economic powerhouse in Asia. We will still be able to produce cheaper than most Western countries wit our comparative advantage even though the US going to impose tariffs on our trading partners. For your information the top two largest trading partner of Malaysia is China and Singapore. So if Trump impose tariff on China say steel and aluminium isn't it better for Malaysian steel and aluminium producers due to the higher prices?
Heck, we have to use our brain to make investment decisions not our foot !!
PETALING JAYA (June 1): Malaysia Prime Minister Tun Dr Mahathir Mohamad said the government will respect the terms of contracts inked by the previous administration in relation to mega projects in the country. He said Malaysia will stick to the rule of law as the nation reviews these contracts.
Speaking at a press conference here today, Dr Mahathir said the government will, however, take a different action if it discovers something wrong was done in a contract.
"We will go according to agreement or contract that has been given. We will stick by that. Only when something wrong was done in the contract, will we take [a different] action.
"Local or foreign [businesses], they will be treated the same way. We will stick to the rule of law [which is] obvious and plain for everyone to see," he said.
Dr Mahathir said the government intends to be consistent in whatever it does.
He said Malaysia will remain a "very business-friendly" nation.
Samuel Luke, sold all prior to GE14 as the risk is too high. In fact, I can buy now since the price is low but I am not confident on the global factors. There are just too much uncertainties and roller coaster rides. Let Trump enjoyed his roller coaster for the next too weeks.
Bro u don’t bluff me la, I know u bought earlier at .56 then sold all already ... good on u... global factors? Don’t worry la, have some placement in vixx will do. Global factors are always there, u cannot always consider global factor while investing in one country unless the particular counter does export... so in mrcb perspective, not relevant. Though share price could be affected but really not relevant...
Watch out MRCB "Bandar" going to eat up the 12,000 lots in one scoop soon. Just keep a close one on it. Thereafter MRCB will levitate from Kepler radiation belt to the Moon.
TEEXIAN1840, i don't think BN is needed anymore...what we hope for is the cleaner government under PH will attract quality foreign investment in the future rather than the exploitative type.
Badly managed? U don’t study at all MRCB always finish project earlier or on time, it earning rise to 149% this qtr, badly managed is not the right word definitely. It has been short for the recent election fall also due to cancellation of hsr even it does not have any financial effect and project not even started.... it should recover back to .9 at least!
http://www.klsescreener.com/v2/news/view/387171 Big boss earning still someday EPFs investment in MRCB will cause its loss I must tell u EPF is f loaded and it will support the company anytime sooner!
SamuelLuke For how many time I have been repeating myself. NTA .54... ya better it drop below .5 so I can accumulate more..MRCB has recently completed Right issue and has raised enough fund for its future projects...please read and study more of its business. So guys think about it, it was short from Rm 1 till now .61 guys ... buy or sell la???
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....
ken law
538 posts
Posted by ken law > 2018-06-01 12:49 | Report Abuse
i think close.at 0.62