car manufacturers going 100% electric very soon. Mercedes and Volvo already confirmed this
diesel ban coming first, then petrol ban in 20 to 30 years time. This ban has not much meaning since new cars going all electric very fast. Only means that old vintage cars will need to be retrofitted with other fuels like bioethanol to run.
The killer is the successful emergence of electric planes which are proving very reliable now
Electric planes. Sounds good, but it is a scam. Physically not possible. Most weight would be used by batteries, instead of cargo or passangers. Hydrocarbons have a long way to go.
USA desperate, Joe Biden want opec to raise oil output so that the oil can maintain 70 and below. Crude oil stockpile are getting lower day after day. If opec and it alliance fail to raise production output then oil price can easily hit 80. In other hand once the world population fully vaccinated...flight are possible.
Yes, backdoor PM will resign on Monday ! So, the new government will bring new hope and new confident to all the local & foreign investors enter into our market !
So, I think started from tommorrow, KLSE will have a big uptrend toward 1,800 to 2,000 pts !
Armada tommorrow will spike to above 0.50 and T.p by end of Aug 2021=> break above 0.70 T.p by end of Dec 2021=> break above RM1.00 T.p by end of Mar 2022=> break above RM1.50 T.p by end of Jun 2022=> break above RM2.00
Superb, almost all the economy is re-open for start business started from tommorrow, Monday, 16-8-2021 ! KLSE really will started booming tommorrow onwards !
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....
strattegist
23,459 posts
Posted by strattegist > 2021-08-09 15:27 | Report Abuse
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