i3 investor provide you noble retail traders' mood indicator... Mr. Market moods swing, if you are a trader you can try your best to predict these mood. If you are a fundamental investor, stick to your own analysis and be patience!
tksw..I did not manage to buy anything la.. (problem is a little more complex - Sent money in USD, but my remisier super slow in exchanging to RM....before he convert.. shoot up from 2.08..niaxxh betul!
flb got forward contract one ler, I think qtr to March 2016 still a set of good results, last checked, their factories is busy ler, bot a lot of logs...
debtors, since it is an export orientated company, should be mostly collectible as export normally have Letter of Credit to cover the risk. so there is another 20mil debts waiting to change into cash. kasi less 10% assuming USD drop 10% to 380. RM2mil less oni.
may be the boss think good result will suffice to keep the share price up, then later pay dividend to spur the share price some more. show one card at a time. too bad the share price tumble due to people think RM reverse gear.
I have weighed in oil price at usd50, and with global factors and dimestic factors, i am seeing usd strength. Why not diversify some of our asset in indirectly usd companies
yes, i personally rather look at export data than currency fluctuate. Export data malaysia and import data us for timber & timber based products shine on january. It should be good news. More over, only china, indonesia, vietnam, malaysia and few countries have CARB-certified; and these countries' currencies against USD did the same thing like malaysia ringgit too. I will not see any reasons to do choose focus lumber's plywood and veneer.
U cant go too wrong if you listen to the expert jtyeo :) but to reach rm3 again, catalyst to unlock its value is a must. Usd further strengthen? Bonus issue? Split share? :)
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....
murali
5,723 posts
Posted by murali > 2016-03-08 16:22 | Report Abuse
Dun worry he will donate some of your money for charity...