BURSA Malaysia is expected to rebound strongly next week, with the benchmark FTSE Bursa Malaysia KLCI (FBM KLCI) set to test the psychological level of 1,700, amidst window-dressing activities and improved market sentiment.
Inter-Pacific Asset Management Sdn Bhd CEO Datuk Dr Nazri Khan Adam Khan said the key index is poised to march into the new year on a high note, riding on the ‘Santa Claus’ rally as investors turn bullish towards year-end.
“Traditionally, the last week of December and the first week of new year are the strongest weeks of the year, therefore I believe KLCI will move higher between 1,680 and 1,700,” he said.
He said the market sentiment would be positive due to rising commodity prices, stronger ringgit versus the US dollar, optimism over COVID-19 vaccine distribution in Malaysia next year, as well as a smooth free trade deal between Britain and the European Union.
1. Precision plastic part 2. Sub-assembly of plastic parts 3. Original equipment manufacturer hygience and pests control products 4. Die-casting components 5. Construction and property development (affordable housing) 6. Lottery and 5 digit forecast gaming in Combodia 7. Plastic injection moulding 8. OEM Audio products export to US and European 9. Joint venture into glove sector with guarantee 200milion profit per year
We can see that the plastic demand is higher and higher, hygience and pests control product we can compare with spray king which is DPIH the result is quick strong in current quater, another affordable housing is always Malaysia good prospect as can compare to SCIENTX , lottery in Combodia is affected by covid 19 so this will affect at QR, other that Audio product is same with FPI as break new high stock now, so that the result I predict is very positive, glove haven’t start but have guarantee profit, so conclusion luster is diamond company which had many business as diversified , from annual report it also seeking technology partner to joint automation sector, so for future luster is a very good future for this.
Sharing purpose not a buy/sell call. Have a goodnight.
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....
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Posted by 11395861 > 2020-12-23 11:08 | Report Abuse
0.16 cent.....right time n right price