most of export base counters will benefit from weakening of ringgit...when ringgit make a reversal these export base counters got no more advantage. In fact once ringgit hit bottom and appreciate, their products will become more expensive to overseas importer. Expect a decline in their turnover for next result...
Rosmah is probably right.... seems like a wave 4 move currently... Might switch into wave 5.. may coincide with RM strengthening a bit more to RM4 or RM3.90..
Liihen is by far the largest producer with size of factory/production capacity of roughly 950 containers per month. (probably 950 containers of furnitures), way ahead of its closest competitor, LY Furniture Sdn Bhd with capacity of 500 containers per month.
17:51:06 CHUA LEE SENG (369,700 units Disposed) 17:51:36 CHUA LEE SENG (369,700 units Disposed) 17:52:07 DEALINGS IN LISTED SECURITIES (CHAPTER 14 OF LISTING REQUIREMENTS)
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....
Poji Zol
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Posted by Poji Zol > 2016-03-07 11:43 | Report Abuse
most of export base counters will benefit from weakening of ringgit...when ringgit make a reversal these export base counters got no more advantage. In fact once ringgit hit bottom and appreciate, their products will become more expensive to overseas importer. Expect a decline in their turnover for next result...