Dividend around 3%. It may seem low but no point chasing high dividend stocks because the share price fall quicker resulting in capital loss.
If want high yield, Maybank is ok too but beware as banks can go bankrupt overnight.

Important doesn't mean cannot go bankrupt. Low probability doesn't mean impossible.
Just like how people thought that Barings Bank, formerly one of the largest bank in the world, cannot go bankrupt.
All banks are important because they do business with each other and if one collapse, it may affect other banks due to exposure.

I'm actually referring to companies that are in sunset industries. They may pay high dividends now but everything is 'priced in'.
I.e. other companies offer 4% dividend but these companies offer 7% dividend. Eventually the capital loss per year is 3% offsetting the additional 3% dividend.
Examples can be seen in O&G even in the absence of terrible economic conditions):


8.39% dividend

7.30% dividend

Yeah, but Barings Bank collapse wasn't caused by lack of reserves but rather a rogue employee combined with weak internal controls.
Basel, statutory and regulatory requirements are not foolproof too. I used to audit banks and the reserves were underprovided due to human error/intention to boost profits as these are based on the accuracy of the bank's calculation.

I have more to say but can't for obvious reasons. Just believe me when I say banks are not 'guaranteed' safe. In fact, I feel that banks in general are riskier than companies with 50% gearing.

Wanted to quote that as example but from what I've heard, that bank has already been suffering internal management problems for quite a long time.

If oil price keep dropping, O&G and banks are at risk

Depends which REIT. Poor performing REITs are in bad location and run by bad management. REIT have little future only if world population is decreasing (maybe due to Coronavirus) haha.

I'm guessing it will freefall until July.

Malaysia: Maybank, Public Bank. Others still looking. Maybe a bit in cheap penny stocks that have high asset backing.
US: QQQ ETF. Maybe Disney once the panic stops.

Almost anything that doesn't go bankrupt will go up in the eventual bull market.

Need set entry point or not forever will not enter. In bear market everyone is afraid. All hoping it will drop further so can buy cheaper.
Before you know it, already up

*falling Kris

I think it's a good investment.

No comment. PCHEM should be producing petrochemicals. It's direct competitor should be LCTITAN which is also not doing well.
Do note that the demand for certain petrochemical might continue to drop as people switch to zero plastic waste.
Malaysia has already charged RM0.20 for plastic bags, eateries using paper bags etc..

Yeah O&G is pretty much sunset industry. There is abundant oil on Earth.
Just that supply is restricted to a few countries/people just like diamonds.
It's just like the media wants to keep promoting that there is limited land on Earth, so you should buy properties today.

In the long run, I believe many O&G players will either exit or consolidate.

This is good news for those who kept most of their assets in USD
I think the current trend of MYR is to continue depreciating for the next 10 years.

Hopefully palm oil and crude oil prices recover so MYR will go back to January level

Number of units of stocks

Don't be afraid to cut loss early.
I mainly invest in ETFs so I can sleep well because the chances of 100+ companies going bankrupt is slim.
If you're invested in only a few companies, good luck!

I thought the definition of scared money is an investor who is afraid of buying the dip because they're afraid it will drop further. Hence, they miss the opportunity and before they know it, the bear market is over.

It has been making losses for FY 2019 even before Covid. What do you think?

This post has been edited by Yggdrasil: Mar 18 2020, 05:09 PM

Edit: didn't read KL

This post has been edited by Yggdrasil: Mar 18 2020, 10:30 PM

I think can drop a bit more. Too early catch falling kris later run out of bullets.

Maybe another 10~15%.

Should have just sticked to 1 fund. I heard Kenanga Growth Fund is the best performer.
I wouldn't invest in unit trust unless I don't have a choice.
If I were you, I will pull out from the other funds and put into Kenanga Growth.