After quarterly announcement, this is the time portfolio manager adjusts their asset allocation, sell those weak result and buy those with strong result, I guess wtk will be one of their stocks in the radar
Currency impact to the Group For the Group, the weakened Malaysian Ringgit has a direct impact on the cost of goods sold, specifically with the suppliers that we transact in US Dollars. However, the management is mitigating the impact of the currency fluctuation and will continue to manage this risk.
I read this, wtk sells in USD, also buy in USD, so mean what now ? Blur d, but of course in the performance review there, stated this quarter result is good, partly is due to the strengthening of USD
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....
Chelsea
223 posts
Posted by Chelsea > 2016-02-28 14:44 | Report Abuse
2.36 close to otb TP