Hi guys,
Bank Negara has just released Malysia 3rd Quater GDP at 6.2%
VERY GOOD NEWS FOR MALAYSIA ON 2 COUNTS
1) FOREIGN FUNDS WILL SIT UP. TAKE NOTICE. THEN RERATE MALAYSIA AS A BUY
2) RINGGIT WILL STRENTHEN FURTHER DUE TO MORE FUNDS REVERSAL FROM OUTFLOW TO INFLOW
AND STRONG RINGGIT MEANS LESS PROFIT FOR ALL EXPORT STOCKS AS THE EXCHANGE RATE NOW NO LONGER FAVOR FOREIGN CURRENCY.
VERDICT:
A SELL DOWN ON EXPORT STOCKS
THEN SWITCH TO THESE DEFENSIVE STOCKS
1) MRCB (TOP OF GE14 STOCK. SUPPORTED BY BN GOVT)
2) OPCOM (TOTALLY SOLD DOWN OPPOSITION STOCK!), VERY CHEAP NOW!
3) PBA (VERY DEFENSIVE). DR NEOH OF DYNAQUEST IN TOP 30 HOLDERS
4) MJ PERAK (PROTON CITY GOING INTO BOOM TIME)
5) BJ CORP (TSVT IS IN CHARGE). THE COMING BULL RUN SUPERSTOCK OF BURSA!
6) MUI BHD (DIVORCE SETTLEMENT FORCE ASSETS SALE).
7) DUTALAND (PRICE IS WAY BELOW NET NET VALUE)
8) MPHBCAPITAL (THE ONLY LAGGARD AMONG OIL REFINERS'S STOCK LIKE HENGYUAN & PETRON) MPHBCAP HAS 2,000 ACRES PRIME LANDS IN RAPID (THE LARGEST REFINERY IN ASIA)
9) UEMS (THE BEST KEPT SECRET. KING OF PROPERTY STOCKS. LANDBANK VALUED AT RM5.80 PSF))
10) BPURI (THE TOTALLY UNDERVALUE CONSTRUCTION STOCK OF ALL)
GOOD LUCK
PROTECTION OF CAPITAL COMES FIRST AND FOREMOST.
PROTECT YOUR DOWNSIDE AND THE UPSIDE WILL TAKE OF ITSELF
WARM REGARDS TO ALL FELLOW i3 INVESTORS,
Calvin Tan Research
http://klse.i3investor.com/blogs/www.eaglevisioninvest.com/138513.jsp
