Really fortunate...Keyman188 had managed to pare down 40% shareholding of overall long term position since 2nd half of Sept until now...
Keyman188 diverted investment funds to "other market"...
Be frankly speaking...
Keyman188 really not so favourable the latest 2022 Budgetary...
Unexpected GOM will implement "Cukai Makmur" for those RM 100 mil above...
Unexpected GOM will remove stamp duty capping by RM 200 & increase the duty by 50% from 0.10% to 0.15%...
Since "Cukai Makmur" already tabled at Parliament...you think upcoming year by year will continue !!! (We don't know but high possibility since Natioanal debt now stood at RM 1.25 trillion pre-budgetary announcement)...
Keyman188 will further pare down shareholding by upcoming weeks until local equities to 30% ~ 35% holding since Keyman188 managed to strike cheapest entry price last year during pandemic...
Furthermore...current local equities valuation really not so attractive if comparing other market peers...
Beside valuation...other "factors" also not so favourable since slowly slowly emerged on the table...
~~~~~~~~~~~~~~Always remember, plenty of choice~~~~~~~~~~~~~~~~
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....
Posted by Keyman188 > 2021-09-07 14:51 | Report Abuse
OMG...so fierce today...
Already touched 1.27 liao...
wkwkwk...kekeke...hehehe...