The $Bursa Property(0020I.MY)$ has recently shown a robust uptrend, with a year-to-date surge of 25.80%, significantly outperforming the $FTSE Bursa Malaysia KLCI Index(.KLSE.MY)$ Index of 11.18%.
Real Estate Market Transactions Soar in Q1 2024
The Malaysian real estate market witnessed a flurry of activity in the first quarter of 2024, with the volume of transactions exceeding 104,297, marking a 34.3% increase compared to the same...

$BURSA(1818.MY)$
I talked to you about BURSA's performance last week, and the Malaysian stock market finally surpassed RM2 trillion this week, and the pond is big enough to accommodate more fish 🐟. Coupled with the return of foreign capital, the current trading volume and trading value of our Malaysian stocks is aside from the 10-year peak of the COVID-19 epidemic in 2020.
In the period before the pandemic in 2020, the trading volume of Malaysian stocks was between 2 and 2.5 billion, and the daily turnover of more than 2.5 billion was a hot market 🔥. The average transaction value is RM2 billion or more. By May, Malaysian stock trading volume reached 30-40, and the transaction value also exceeded RM2.5 billion. BURSA was the biggest winner.
Looking back at BURSA's stock price over the past 17 years, it is the highest peak since 2007 when the stock price broke through a record high of RM11.26. I tried to reach the top in 2020, but it was impossible to succeed until RM10.98.
After 10 years of loss (2014 to 2023), Malaysian stocks broke through a 2-year high this year, and market sentiment is also jubilant. Whether it can break through the high level in 2007 is unknown for the time being, but it will not be difficult for the next 2 to 3 quarters to grow in earnings year by year.
BURSA will dance with the big market. It also hopes that in the next few years, horse stocks will flourish, that more new good companies will go public, and that the value of high-quality companies will also be unleashed. Mutual encouragement.

Tomorrow ALL IN $DATAPRP(8338.MY)$. Pump until 0.30!..
.. because the paper trading competition is slightly flawed. By trading $LEFORM(0266.MY)$ every 30 minutes for a week and you would probably be in the top 10 by now - even though the price barely moved.
Move up the min. price to 0.50 and it would be more challenging.
By the way, dataprp is just a joke. No sifu in the world will tell you where to get money. They will do it when they want to pocket your money instead.

$HARBOUR(2062.MY)$
Harbour's net profit for the past two years added up to RM299.4 mil, so cash also broke through a record high. Shipping costs soared after the COVID outbreak, and HARBOUR was one of the shipping companies that benefited.
As freight rates return to normal, HARBOUR's profit has been declining for two consecutive quarters, and the stock price has returned to where it was two years ago. Although the stock price has fallen, the company's reserves have risen.
HARBOUR's cash and investment financial assets are equal to RM443 mil, and the company's market value is only RM464 mil. Assuming that the company's stock price falls one more time, it is expected that Harbor's cash will surpass the market, and it will also be one of the magical sights of horse stocks.