KUALA LUMPUR: The Malaysian equity market remains relatively undervalued, as the FTSE Bursa Malaysia KLCI (FBM KLCI) is trading at a price-to-earnings ratio (PER) below its long-term average of 17.1 times. Bank Muamalat Malaysia Bhd chief economist Dr. Mohd Afzanizam Abdul Rashid said that there is an upside potential if the PER returns to its long-term average. "Given that Malaysia's economic growth prospect is still intact and there is strong ...
$LBALUM (9326.MY)$ LB Aluminium Bhd could surge higher on the back of indicators unwind from the oversold position. LB Aluminium is the largest supplier of aluminium extrusion products in Malaysia and one of the largest aluminium extrusion manufacturers in South-East Asia, The company had been consistently profitable in the past 5 financial years. Net profit increased from RM3.8 million in FYApr20 to RM41.7 million in FYApr22...
$INARI (0166.MY)$If Trump win the election. Bad news for local Tech as he will impose heavy tariff. After the recent rebound,ringgit will continue strengthen against Usd. Bad news for local tech. As warned beforeTech index will fall below 50 for sure. Sooner or later . Boom in tech recent years did not benefit local tech at all as there was no growth in profit of local tech companies. Same in future it wont benefit local tech as well. Only crazy growth in pe . Any rebound is a bull trap.
*📍Malaysian ringgit continues to rise strongly at today's opening, recovering against the US dollar, primarily driven by expectations of interest rate cuts in Washington. Federal Reserve Chairman Jerome Powell recently conveyed a positive message, indicating that central banks in developed countries are gradually lowering rates, moving toward a more neutral policy stance.* *This trend is beneficial for the ringgit, as the interest rate differential between the Federal Reserve's funds rate and M...
$USD/MYR (USDMYR.FX)$is getting stronger and stronger, feel like it’s gonna hit 4 or 3.9 soon🫠🫠 It’s definitely good to us as the citizens but bad for those that have bought US stocks few months ago when the currency was back in 4.6-4.8‼️ I am earning money from the US stocks but currency dragged me down hugely, it’s like 20K losses in the currency🫠🫠$NVIDIA (NVDA.US)$$Tesla (TSLA.US)$ What would you guys do? ✅ Exi...
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Bank Muamalat Malaysia Bhd chief economist Dr. Mohd Afzanizam Abdul Rashid said that there is an upside potential if the PER returns to its long-term average.
"Given that Malaysia's economic growth prospect is still intact and there is strong ...
LB Aluminium Bhd could surge higher on the back of indicators unwind from the oversold position. LB Aluminium is the largest supplier of aluminium extrusion products in Malaysia and one of the largest aluminium extrusion manufacturers in South-East Asia,
The company had been consistently profitable in the past 5 financial years. Net profit increased from RM3.8 million in FYApr20 to RM41.7 million in FYApr22...
After the recent rebound,ringgit will continue strengthen against Usd. Bad news for local tech.
As warned beforeTech index will fall below 50 for sure. Sooner or later .
Boom in tech recent years did not benefit local tech at all as there was no growth in profit of local tech companies. Same in future it wont benefit local tech as well. Only crazy growth in pe .
Any rebound is a bull trap.
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*This trend is beneficial for the ringgit, as the interest rate differential between the Federal Reserve's funds rate and M...
I am earning money from the US stocks but currency dragged me down hugely, it’s like 20K losses in the currency🫠🫠 $NVIDIA (NVDA.US)$ $Tesla (TSLA.US)$
What would you guys do?
✅ Exi...
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