asoh, This is just a PR gimmick by President Obama. When the crunch comes and US interest in ME is really endangered, it will be a different President Obama talking.
history tell after US declare war with Iraq and Afghanistan in year 2003 and 2001, KLCI index up 20% and 30% after that event. This is one side war, so equal to no war. Unless you see Russia / China vs US which is major economy of the world. Just temporary correction, underlying economy show strong recovery lead by US with 4% up in GDP.
therefore both division from banking to insurance should contribute good result to BIMB. Should the growth rate stay above 40% for BIMB is a good surprise.
i everyday heard people say index will crash, housing price will crash....kns.....everything keep increasing....those people always 杞人忧天! never seen big snake shitting!
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....
sunztzhe
2,248 posts
Posted by sunztzhe > 2014-08-08 20:58 | Report Abuse
asoh, This is just a PR gimmick by President Obama. When the crunch comes and US interest in ME is really endangered, it will be a different President Obama talking.