Bought some at 1.97 so that I can receive annual report and incentize myself to monitor its biz closely. If there is no vested interest, sometimes just lose track.
i don think brent oil will hit that level (for personal view), and malaysia will follow brent oil rather than crude oil, and brent oil is started to form its support around 65.
i rather say , really weak buying force for this counter. sad case. Somemore, KLCI looks like failed to find its support also.
Big shark or fund move out together (drama show) and make all ikan bilis panic to stock then buying at low price again....long long time earn satu kali kao kao...hehehe
What I believe is if I sell my shares now this all millionaires will become billionaires within 3 years.Wakakakaka __________________________________________________________________________
Malaysia’s largest city Kuala Lumpur has the highest number of millionaires (denominated in US dollars) surpassing all other cities of the world, according to a report by international wealth research group WealthInsight.
Average annual income in the country stands around RM20,000 and minimum wage weighs in at RM900 a month.
With a population of only 28.3 million, Malaysia has a similar number of millionaires than much more densely populated countries such as Indonesia, whose population stands at 237.6 million.
“This demonstrates the big potential for billionaire growth in Malaysia,” Carlisle said.
Currently, Malaysia’s billionaires have 209 per cent more wealth than Paraguay’s entire millionaire population, with the growth of Malaysian billionaires last year standing at US$46 billion, WealthInsight said.
I feel this time dropping bcos big sharks pushing down the price create panic for retailers. Good chance for us to buy. Anyone interested to get 6%+ div yield and earn profits more than 20% now is really a good time to buy. Hardly to drop further down for such a good company.
We expect 2015 property transaction volume to fall by 3-5% on the back of slower economic growth and high loan rejection rate, while property prices to stay flat, as developers will likely have difficulties in passing on incremental costs.
Expect 1H15 transaction volume to fall by 5-10%. We expect overall residential and commercial property transaction volume to fall by 5-10% in 1H15 (vs +2.8% HoH in 1H14) and 3-5% for 2015. The decline should be more severe in 2Q15 immediately after the implementation of GST from 1 Apr 2015. Based on Singapore’s experience, after the GST rate was raised to 7% from 5% in July 2007, residential property transaction volume contracted by 41% HoH in 2H07. We expect the Malaysian market to experience a similar trend
Sentiment hit.
RHB economics team has cut its 2015 GDP growth forecast to 5.0% from 5.3% (vs 5.8% in 2014). The slower economic growth and the recent sharp drop in equity prices are hitting market sentiment. We expect this to dampen the demand for property next year.
Average new sales to drop by 10-20%. We believe both buyers and developers will adopt a wait-and-see attitude, and hence launches and take ups will likely be slow.
Drop u don't buy, want to wait it rise back just buy? Becareful when people happily, be greed when people feel fear. Lets party ! Put your hands up in the air! Yoohoo
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i3i2i1
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Posted by i3i2i1 > 2014-11-19 13:30 | Report Abuse
back to end of June price