QUOTE(puchongite @ Dec 14 2016, 11:08 AM)
For me i dont depend so much on the funds' historical data. Many Malaysian funds were doing well previously, but those are things of the past. Worse during the Trump effect peak period the Ringgit currency is under heavy selling pressure and funds are moving out of the country, you just feel that it is a major typhoon or earthquake.
Our investment are too insignificant compared to those bigger ones. In addition, there is opportunity cost for keeping money in non performing funds.
Our investment are too insignificant compared to those bigger ones. In addition, there is opportunity cost for keeping money in non performing funds.
QUOTE(Avangelice @ Dec 14 2016, 11:24 AM)
Nomura underweights Malaysia
KUALA LUMPUR: In less than four months, Malaysia’s equity market has been downgraded twice by Nomura as the global investment bank expects the country’s worsening growth outlook to continue in 2017.
“We downgraded the market to neutral in September and now [the] further downgrade to underweight reflects a worsening of its growth outlook,” Nomura vice president of equity strategy for Asean and Asia ex-Japan Shubhankar (Mixo) Das said in a media briefing on Nomura Securities’ equities and economic outlook 2017 on Monday.
Mixo shared the same view with Nomura economist Euben Paracuelles that many of the country’s supporters of growth are starting to fail, which translates into a weaker earnings profile for the equity market. The Edge Financial Daily reported yesterday that Paracuelles cut Malaysia’s gross domestic product growth forecast for next year to 3.7% from 3.9%. Similarly, he expected the country’s 2018 improvement to be limited, and thus projected a growth of 3.7% as compared with the previous 4.2%.
http://www.klsescreener.com/v2/news/view/166933
Yeah, I read that 95 pages Nomura report. You know, they are not all positive about Asia as well, they expect MSCI Asia ex-Japan to end 2017 slightly below current levels, what do you plan to do with that?KUALA LUMPUR: In less than four months, Malaysia’s equity market has been downgraded twice by Nomura as the global investment bank expects the country’s worsening growth outlook to continue in 2017.
“We downgraded the market to neutral in September and now [the] further downgrade to underweight reflects a worsening of its growth outlook,” Nomura vice president of equity strategy for Asean and Asia ex-Japan Shubhankar (Mixo) Das said in a media briefing on Nomura Securities’ equities and economic outlook 2017 on Monday.
Mixo shared the same view with Nomura economist Euben Paracuelles that many of the country’s supporters of growth are starting to fail, which translates into a weaker earnings profile for the equity market. The Edge Financial Daily reported yesterday that Paracuelles cut Malaysia’s gross domestic product growth forecast for next year to 3.7% from 3.9%. Similarly, he expected the country’s 2018 improvement to be limited, and thus projected a growth of 3.7% as compared with the previous 4.2%.
http://www.klsescreener.com/v2/news/view/166933
I'm not advocating for overweight Malaysia, what I'm trying to say is, don't need to panic sell what you have as well
But that's my opinion, as with everyone else's opinion, should be taken with a pinch of salt. When something is said and echoed by 100 other ppl doesn't make it the truth. Only time will tell
This post has been edited by dasecret: Dec 14 2016, 11:32 AM
Dec 14 2016, 11:27 AM

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