Malaysian stocks are interesting at the moment. Oil price is quite high, so unlike other emerging markets soaing USD will not affect Malaysian market much. (Ringgit will not collapse.) Yet USDMYR is likely to stay above 4.1. Malaysian tech stock will benefit from that.
Italy economy crisis hit badly to Asia market. HK index down 400 points, DJI down 200 point, whole world is now in recession. This counter has great potential to drop below 10.00. Lock your profit and run while still can.
DJ only drop 1 time yesterday after went up so many days before need to run ? Where got so fast recession.Tonight DJ will be up again. Start accumulate as is cheap now before is too late it went up
The drop is due to foreign fund exit after early indicative news on 10 year yield hit. That's is normal. For sure some big investor will buy back this low price share. Their financial is still good and acceptable even slight drop in net profit which was due to higher depreciation from the new machinery purchased to boost their production. Wait till you see next financial result then is too late to enter at this low price. Visualize yourself
US market crashed to week low. This is the start of the economy recession. Lock your profit as early as possible. From from 22 to 14 is already a hard slap and you still dream. Run now !!
I gone through a few KLSE recession time before when index hit below 500 to 1000. Now only drop 10+ points and hovering 1700+ points is called recession coming? Dj drop 300+ but bursa drop 10+ only. Don't we think malaysia market is consider strong. 10 year yield is just luring investor to move to US to invest. It has nothing to do with recession. Don't la mosquitoes bite a bit say is getting denggi fever. Wah sai
Someone is buying the share at RM15.00, don't think it will drop anywhere to RM14. Besides, this counter has been a strong counter, better collect some at Rm15 before it fly. 2cents
see it for yourself, sincere_analyst, if it is dropping to RM5.00, why people are still buying, with slightly weaker performance on this quarter but strong fundamentals, at most it will be floating around 14-15. Even MPI rose back from RM9 earlier on, currently Rm12++, i dont think tech stocks are going down anytime soon, unless magic happens
KWAP already started to dispose. Don't dream that it will recover any soon. This counter already in bear trend. if you so confident with it, sell your house, sell your car, sell your assets, sell whatever you can and all in. When you don't feel the pain, you will never accept the fact.
@ sincere_analyst You are so kind and sincere as your name, to advice people to sell because price will drop to 5???? Hope you will do the same meaning so kind and sincere to advice people to buy when the timing is right......................
Compare other semiconductor stocks always. $12 and $5 do not mean anything to us at all. At the moment Malaysian semiconductor stocks are not bearish due to depreciation of ringgit.
Kesm is export and sell in USD currency. The more usd is stronger the more profit for KESM in exchange rate bonus. Please take note of this is not profit in exchange
This stock is finish. Don’t waste your time. Damn bad future prospect and recent qr very disappointing. Major shareholder already start disposing. Back to $5 is very possible !
stop commenting drop to RM5, if you mention drop till RM10 stil possible la.. if RM5 means KLCI index left 1000 only. the only reason you say it will drop to RM5 is because you want people to sell so you can collect..
those who din know the company biz..will say bad..kesm the only burn in facility in MY..as long as smart cars is selling in future...the biz will get better, if 3rd national car becomes reality, will surely benifit kesm.
Yap, I agree, see the company and not providing bullish comment just because its quarter performance went down, doesnt mean the company is going to collapse. National car definitely is on the roll and surely benefitting Kesm. will wait for a week too
i don't collect rubbish counter. you continue to hold, by the time $5, i think you will sell and regret not to listen sincere advise to lock profit now.
Why don't u tell us here if you have any insider information about KESM since you are so confident it will go 5 level. If this counter can go bust to 5 with its fundamental still strong then many counters in bursa will first collapse before kesm
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....
tecpower
3,536 posts
Posted by tecpower > 2018-10-05 00:35 | Report Abuse
Asian currencies tumble as US jobs data, Fed chief comments boost US dollar; Singdollar dips 0.4%
https://www.straitstimes.com/business/economy/asian-currencies-tumble-as-us-jobs-data-fed-chief-comments-boost-us-dollar
No Stopping The U.S. Dollar Runaway Train At The Moment
https://seekingalpha.com/article/4209770-stopping-u-s-dollar-runaway-train-moment