when people scare, we should grab, so long u are holding a good counter, just let it grows, dun fooled by market sentiment unless u r a short term or contra players
Msia only left with a big hole so it is unable to save the MYR plus greedy gov and poor oil price, I personally dun think myr can go below 4 against usd
vol so small, easily manipulate by somebody.. MYR now very strong la..dont be stubborn, trade with correct mindset, follow theme..now MYR stronger, dont risk into this kind of USD export counter lor..go for bank, and property back
yes, MYR is going up but this will only affect the quarter result end of this year and it is not strengthen a lot. The next quarter result which release next month is based on last year sales which MYR is very weak that time. I have no idea why you guys so afraid. The downtrend now is just temporary as because of the market sentiment. company fundamental is still very strong.
I second trade_god. Like all investors out there, we are emotional. We react quickly to negative news (i.e.: weaker USD hence lower earnings for export-related stocks). If anyone just care to look into the USDMYR graph for September - December 2015, you will know that the rate was consistently high in Q4 2015. One more thing to add on - forex gain is only part of FLBHD's earnings. Fundamentally, they are still growing and I believe the Christmas and New Year sales (year end sales) would significantly contribute to the Q4 2015 results for FLBHD. Just my 2cents.
Besides not only this counter drop, even top glove such a strong company, the counter dropping too. This is just matter of time, those who hold and can endure this pain period will get fruitful result later.
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....
red_85
1,259 posts
Posted by red_85 > 2016-01-27 16:37 | Report Abuse
got up must got down..normal