Some price corrections were made yesterday and today for stocks like Mikro MSC Bhd, JHM Consolidation Berhad and KESM INDUSTRIES BHD. It is good time to collect stocks at a low price.
The CME webpage currently projects the probability of an increase at the March meeting at 13%, while posting the chances of a June hike at 65%. The Fed Chair cannot offer timing on the next interest rate hike, because quite frankly, the new administration's economic agenda has not yet been executed, and its success is therefore still in the realm of theory. She will, however confirm intent, and use the word gradual. https://www.thestreet.com/story/14000928/1/market-recon-janet-yellen-should-take-on-the-800-pound-gorilla.html
KESM has very little total share number in the market.. if big sharks sell off the share, share price will drop significantly, any news on Friday? QR release?
Don't worry too much. A lot of counters have been undergoing price correction recently. But you will have a big chance of gaining huge money during this price correction period.You can find many cheap but good stocks now!
Kesm is in bright prospect, no doubt it will keep perform this year. To invest sometime you have confident rather then uncertain even it might have higher potential or grow higher.
Let's wait for the result, then we can decide whether it is rm16 or rm 30, hahaha. MMC is a real gem, paperplane, do they take care of small shareholder?
Even though my Sunright is going nowhere in price, it's a good hedge against the lousy ringgit as the S$ hits a record high of 3.163, as the rates when I purchased my shares were from 2.65-3.03!
If you look at the past 4 years record, 2nd quater result is the weakest. Hopefully this year will be different. If not price may drop, maybe good to collect.
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....
Tai KT
1,419 posts
Posted by Tai KT > 2017-02-14 20:15 | Report Abuse
retailers scared of interest hike in US and taking profits. what so concern? haha