Someone still condemn me recommend a lousy stock like LCTH. My subscribers are laughing all the way to the bank. All my recommended stocks since June 2015 are flying to the sky. Thank you.
Secondary stock market trading is a zero sum game, with sellers at high prices being the winners and those who bought at high prices being the losers. If the underlying real economy has not suffered permanent damage, there is a distribution problem in terms of losers and winners in the stock market debacle. http://www.thestar.com.my/Business/Business-News/2015/07/25/Getting-prices-right/?style=biz
China pmi hit the lowest in 15 mths. Contraction. Shanghai index 8% drop is just a start. wti below $50. Remember what happened in dec last time? Once iran sanction is lifted, oil price will slide down like nobody business. Plus all kind of 1mdb jokes. How stable is the current market? :)
Yeah, LCTH will announce result early August, no point selling & buying let broker earn. Yesterday entered 64.5 cents back, correction meaning it still will rise to RM1 later.
Affin - steady new line of Cabinet ministers announced by Najib, stocks in Bursa Malaysia are anticipated to firm up, great opportunity to accumulate quality stocks for medium to long term investment.
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US first rate hike might be in December, with no hike expected this week. As of now, it is merely a speculation and we would be able to gauge any possibility later today when the FOMC releases its policy statement tomorrow morning at around 3am.
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Posted by dnn78 > 2015-07-24 15:23 | Report Abuse
Shark getting ILL, time to dump....wooo hooo