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Likely to trap shortists. All the negatives and deep correction and profit taking already priced-in. The chart is now forming the second uptrend wave which is also supported by its cheap valuations compared to other index link stocks like Sunway.
Tax fraud is also a form of corruption and the current SST is enabling it in a big way in Malaysia. We can also change the government to bring back GST and need not wait for the minimum 3k threshold, which is the stupid excuse given by this government to help the tax fraudsters.
The US government is closing its
doors to competition as it has lost the race and its action will back fires with surging inflation and collapsing economy. Dumbass politicians with dumbass policies.
Agree. Fajar has strong growth potential going forward and trading at very low PE compared to many in the same industry. Can start to accumulate on dip as I believe the RSS is likely to end very soon.
Assuming the company goes to dissolve, the book value plus the balance of future dividends made it to a total of 79 sen. At the current price, it's a huge bargain, but this share is meant for those with deep pockets and holding power. Interest rate cuts and improve economy in UK will make this counter more attractive.
Spore Debt to GDP is at 166%, 3rd highest or worst in the world, and its foreign debt is at $2.6 trillion or 4 times its GDP, with its debt contributed by the Government, financial institutions and corporates. Malaysia's financial standings are far way better than
Spore without doubt. Our government only needs to educate the public and constantly promote the ringgit to instill confidence.