Malaysia share CIMB recently get heavy selling and hit down as low as 6.95 per share. A lot of investors in doubt how come oversea market up but local stocks registered lower. As I always mentioned if entire world market have an adjustment, we should follow the trend. Otherwise, the downward happen mainly is due to internal problem. It hard to solve it and may bring more impact than others.
If those stocks too close to government basically because of that is a big changes on those policy. It can be good or bad. But, investors most probably select to avoid that and clear all the stocks in hand.
This year I have predict there is a heavy adjustment around 250 to 300 points. That is a bout 25% to 30% adjustment. Base on this, all stocks are expensive.
This year I have predict there is a heavy adjustment around 250 to 300 points. That is a bout 25% to 30% adjustment. Base on this, all stocks are expensive.
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