Posted by Tobby > 2021-12-09 20:21 | Report Abuse

Politics!

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1 comment(s). Last comment by Tobby 2021-12-09 20:25

Tobby

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Posted by Tobby > 2021-12-09 20:25 | Report Abuse

Bursa doesn't lie! The price of stock prices movement also dont' lie! This is what i understood about Mr Market or Mr Bursa!
If Mr Bursa is not performing, in 100 days, we would get the answer anyway as news reflect themselves!
Mr Bursa at current 1500 shows foreign funds have zero confidence with PM Sabri administration! Our stock market reflect reality of our economy! Just look at our 1st liners! They are basically dead! I don't even dare say undervalue or oversold as reality is, our economy is really terrible! There are no foreign investors lining up to invest here! While Indonesia, Thailand and Vietnam barely keep up with so many foreign investors begging to get their factories there!
This is reflection of very little confidence of foreign investors!

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