Our website is made possible by displaying non-intrusive online advertisements to our visitors.
Please consider supporting us by disabling or pausing your ad blocker.
The sharp share price drop occurred in mid 2021 due to Fed rate hike fears after inflation data. From then until 2023, I think tech companies posted strong QR boosted by the favourable USD/RM rate despite in a bearish stock market. RM then gradually recovered, but events like wars and recent trade war have created uncertainty. Strong RM will have very strong impact on tech companies too. Thats why if sales revenue can stays strong, I dont think the situation is as bad as it looks. Good luck guys
Instead of blaming the news media, we as retailers should study the company business nature and prospect by ourselves rather than just reading the news. What retailers wanted is the share price movement so we can trade base on our own method. If you are long term trader then short term share price decline shouldn't affect you. When boss said confident it doesn't mean confirm lolz.
