RM 2.90 per USD

Ringgit Malaysia against USD yesterday closed higher again. What is the maximum level on that? Recently we can see some foreign funds withdrawn from Indonesia. So, the impact was happen on shares market. About 2 weeks time the market already loss about 5%. That is an alert on KLCI, if foreign funds pull out that will a hazard.

In my opinion, that will not be so fast happen in KLCI. RM still got some profit bargain against USD. My prediction it can reach 2.90 per USD. In order to maintain such level, local businessman should not based on international trend to impose a higher price on daily need products. There is not excuse for them because currency rate being change accordingly.

So, if businessman said there is cost increase in import price. It will help foreign funds easily attack local market with less cost. The hazard impacts come fast and strong.

Market analysis keep on telling us KLCI still got 15% profit margin to go. Based on this, they can calculate the index will shut up 1700 or 1800 points. Too simple thinking and also is ridiculous imagination. If they are agree this is a super bull run. And so if market can break certain point it become unlimited run and anytime could touch 2000 or higher index points.

So, any calculations just suitable use it for normal market run. However, do not use mathematic or statistic to measure your holding stocks. Just ask yourself is it the price you target it has been achieve in the market. That is yours best selling price on that.

Finally, you will feel happy because any adjustment or horrible run nothing affected yours investment. Price up can easily mislead you go to wrong direction and also easy tackle you greedy desire. Are you ready to meet this challenge?

Low Cost Flats

Today low cost flat become a hot topic in public media. Why they want to discuss this topic? In my mind, that is not an issue. First, they should aware there is no control on trading of low cost flat in Malaysia. So, some people can owned several units as investment. Second, they are not really identified the buyer income.

Low cost flat should allow those lower income people own it. Government has to enforce a law and ask those people who owned a unit of low cost flat submit their annual income to Inland Revenue Board for reference. Match the data with SSM and Road transport department to check the registered owner. Those data should be able to understand one people earning per year. Build up a system, no low cost flat allow rent out to others. Ours 1.2 million of servants have enough manpower to do that.

Furthermore update existing owners of flat and match with other state data, checking the person having how many units in hand. If found someone own more than one unit or not eligible, use government fund buy back as original cost. Whoever earns below the standard living level can allow apply government special loan scheme to buy the flat. If someone in one day earns higher than previous or earn higher than basic standard of living in the pass three years, So, he must in the 2 years time compulsory surrender back the unit to government and pass it to those who is qualify. Enforce a law stated no trading on low cost flat and government is the only buyer or seller. Perhaps there is a best solution to stop low cost flat trading at RM200k per unit.

Maybe, that is a rights way can subsidy poor people own a staying place.

I believe the above suggestions bring a lot of people unhappy. Because that already stop some riches people earn less and also bar someone use special way to enjoy such benefit. So, just a wild advise to those people, before you are claiming some one unfair to you and continue blame inflation, please refer back yours properties in hand. Did you having few units of low cost flats in hand? Do not forget, you are the one indirect push up the inflation because you having extra benefit to accumulate yours assets for the pass ten years. Maybe today feel more happy, because you flat already marked up by public media cost at RM200k.

Why public media did not highlight the solution as well as also propose to government’s bar someone used this loophole to enjoy such benefits from poor people? Why they are purposely indicated the low cost flat price will shut up higher? Is it this article only help developer charging higher price on build up the new low cost flat in the future?

I am always told people. Please “watch” newspaper and do not just “read” newspaper. If you only “read” follow by help such media to transfer the news out to others. That’s will indirect help someone achieve his intention or objective.

Like recent case in KLSE, someone purposely call higher price to bid a deal but actually the ability is limited. When you are setting a minimum condition for the bid, they were used some excuse to run out. So, SC should use in hand data do some investigation on them. Checking the deal on or off time, Is it they are use this excuse earning some profit on such specific counter? Public media assist to spread the news out, if you only read and not analysis it carefully. Finally you are in trouble on yours investment.

Strait Road

Someone asked me whether should buy in this stock or that stock? My answer was why you wanna to choose corner? The strait road just in front, just drive on.

So, KLSE got so much of stocks. I think just concentrate on properties and construction stocks. You can make dozen of money. Step on the earth view the sky. Guess the sky have any amazing things for you to eat, that is really stupid. Step on earth and plant some fruits that will more realistic.

UEM, I never change my mind it can be give you double of yours capital. So, if its running that level. All stocks same sector with it will double up or triple up. But please watch carefully. Market index anytime will drop few hundred points from high level. That is huge adjustment and strong rebound happen in Malaysia market in this year.

Not Happy

Probably your are living without any happiness. So, not happy because something you can see but can't afford buy. In other word, you are not happy because you are never held it at all.

Buy stocks can make you have the dream, make some money or take it as yours toy or gift. You are never own a company but spend little money to buy the share. At least you can say you are the company's boss.

I heard few stories talking about this rally. They said, easy money easy come. Through in about 100k in last month, now already earn about 50k. That's so easy and make you happy.

So, if you are feel bore, please but some share. Maybe that can help you gain some happiness.

This month can see 1598

KLCI can see 1598, this number not for you to play 4digit in Magnum. Why choose this level? 1600 is a strong resistance and Funds usually allow to buy in at price higher less than 5% from previous. So, that is limit for this run.

UEMland should buy in any price before RM3.50. So, you can enjoy 50% yield. This year will kick out some speculators becuase market like roller coaster.

Today market started some consolidation but that is normal. Another stocks should buy in is MYEG. Easy money will give you as angpow.