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 USD/MYR drop, v3

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my44
post May 12 2016, 04:42 PM

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QUOTE(nexona88 @ May 12 2016, 04:23 PM)
based on XE.com, looks like around 4.57 / 4.60 level only  hmm.gif  hmm.gif
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Haha yes. Been waiting since early this year. Supposedly EUR has been weak for the past 1-2 years due to QE but since MYR is mostly traded against USD (strong currency currently) then there's no significant drop for € to MYR.

sad.gif
yygo
post May 12 2016, 05:35 PM

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QUOTE(MGM @ May 12 2016, 11:20 AM)
Wow, MYR undervalued by 24%, so fair value is USD/MYR is ~3.00.
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so good meh? brows.gif

QUOTE(Xnet @ May 12 2016, 11:26 AM)
Those who write for the Star can lick my b@lls
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ask a masseur B to massage them! brows.gif brows.gif
TSwil-i-am
post May 12 2016, 07:44 PM

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QUOTE(s|dE @ May 12 2016, 02:03 PM)
How's the market today?
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Very volatile today
TSwil-i-am
post May 12 2016, 07:46 PM

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Around 4.01xx now after trading within 3.99xx to 4.03xx
bbgoat
post May 13 2016, 08:07 AM

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QUOTE(nexona88 @ May 12 2016, 12:28 PM)
hahah that's too much leh.

3.50 MYR should be the "fair" value  dry.gif
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Until early Aug, I would be happy with 3.8 (psychological number). 3.5, very happy. 3.0 within 1 year, not so likely. Though about 2 or 3 years ago, it did touch slightly below 3.0. biggrin.gif
TSwil-i-am
post May 13 2016, 08:21 AM

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QUOTE(bbgoat @ May 13 2016, 08:07 AM)
Until early Aug, I would be happy with 3.8 (psychological number). 3.5, very happy. 3.0 within 1 year, not so likely. Though about 2 or 3 years ago, it did touch slightly below 3.0.  biggrin.gif
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Happy waiting smile.gif
bbgoat
post May 13 2016, 08:41 AM

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QUOTE(wil-i-am @ May 13 2016, 08:21 AM)
Happy waiting  smile.gif
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cheers.gif

I set realistic targets. But if not reach, forced to buy by timeline !!! cry.gif
nexona88
post May 13 2016, 06:26 PM

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Closing was 4.0290 as per BNM @ 5pm

aromachong
post May 13 2016, 09:07 PM

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in order head to north.. u need to push ur engine hard... if too hard and fast... nose heading more than a certain degree and will endanger angle of attack

it will cause stall.... and when it's stall u know it will head to south and BANGGGG... crash happens
nexona88
post May 13 2016, 09:29 PM

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12 May 2016 13:20 UTC - 13 May 2016 13:26 UTC
USD/MYR close: 4.02482 low: 4.00612 high: 4.04072

TSwil-i-am
post May 13 2016, 10:50 PM

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QUOTE(aromachong @ May 13 2016, 09:07 PM)
in order head to north.. u need to push ur engine hard... if too hard and fast... nose heading more than a certain degree and will endanger angle of attack

it will cause stall.... and when it's stall u know it will head to south and BANGGGG... crash happens
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U plan to re-enter?
aromachong
post May 13 2016, 11:01 PM

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QUOTE(wil-i-am @ May 13 2016, 10:50 PM)
U plan to re-enter?
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nope hehe..
TSwil-i-am
post May 13 2016, 11:13 PM

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QUOTE(aromachong @ May 13 2016, 11:01 PM)
nope hehe..
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Any short term investment to intro?
aromachong
post May 13 2016, 11:30 PM

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QUOTE(wil-i-am @ May 13 2016, 11:13 PM)
Any short term investment to intro?
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atm don't have any..

except asw2020 i put for few yrs already.. plan to take out around september after declare dividend ..

and some business generating guarantee profits haha..

so.. yeh .. some properties save investment at aus too

basically wont take risk ... almost lost 6 figures last time.. well.. lesson learnt
TSwil-i-am
post May 13 2016, 11:33 PM

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QUOTE(aromachong @ May 13 2016, 11:30 PM)
atm don't have any..

except asw2020 i put for few yrs already.. plan to take out around september after declare dividend ..

and some business generating guarantee profits haha..

so.. yeh .. some properties save investment at aus too

basically wont take risk ... almost lost 6 figures last time.. well.. lesson learnt
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If u plan to withdraw asw2020, dun forget to PM me
aromachong
post May 13 2016, 11:37 PM

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QUOTE(wil-i-am @ May 13 2016, 11:33 PM)
If u plan to withdraw asw2020, dun forget to PM me
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ok no problem.
nexona88
post May 13 2016, 11:38 PM

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QUOTE(aromachong @ May 13 2016, 11:30 PM)
atm don't have any..

except asw2020 i put for few yrs already.. plan to take out around september after declare dividend ..

and some business generating guarantee profits haha..

so.. yeh .. some properties save investment at aus too

basically wont take risk ... almost lost 6 figures last time.. well.. lesson learnt
*
please withdraw on 1st Sept.

thanks icon_rolleyes.gif
aromachong
post May 13 2016, 11:48 PM

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QUOTE(nexona88 @ May 13 2016, 11:38 PM)
please withdraw on 1st Sept.

thanks  icon_rolleyes.gif
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small fish here .. no upshot 1 lol
Ramjade
post May 14 2016, 12:45 AM

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QUOTE(aromachong @ May 13 2016, 11:48 PM)
small fish here .. no upshot 1 lol
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Just post up on the forum when you are done. Fair game for everyone.
TSwil-i-am
post May 14 2016, 07:10 AM

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