Unlicensed stock gurus on SC radar
By GANESHWARAN KANA
Thursday, 31 Dec 2020
In its Guidance Note on Provision of Investment Advice, the SC however said that not all investment-related activities require a licence.

“Generally, conducting trainings or seminars on stock trading would not likely require a licence from the SC.

“However, a licence is required if your training or seminar includes any material, content or if any of your trainers or speakers makes a statement that amounts to a recommendation or inducement to take action or position (for example, buy, sell or hold) regarding a particular class, sector, or instrument in relation to securities or derivatives, ” it said.

https://www.thestar.com.my/business/busines...rus-on-sc-radar

with a day to go.......counting the chickens before fully hatched......2020 was a roller coaster ride for my DIY port....
thanks to the last 2 months of mini rally.....my port at 50% in FI, 35% Reits and 15% in Asia Pac

MoM = +1.8%
YTD = +5.72%

moderate aggressive managed port
MoM = +3.38%
YTD = +16.84%

my Spouse PM port that is 52% in Global Eq + 38% in Asia Pac + 8% in Asean = YTD = +29.21%

Happy New Year everyone....may next year brings more HUAT but with lesser volatilities to ALL...  

just got this from THESTAR...
https://www.thestar.com.my/business/busines...technology-fund

KUALA LUMPUR: Affin Hwang Asset Management Bhd launched its world series Next Generation Technology Fund on Tuesday which will feed into a target fund managed by the world's largest asset manager BlackRock.

BlackRock Global Funds - Next Generation Technology Fund is a wholesale feeder growth fund providing access to opportunities in the tech universe outside of mega cap names by capturing emerging innovative leaders.

Affin Hwang AM's Next Generation Technology Fund will invest a minimum of 80% of its net asset value (NAV) into the target fund and a maximum of 20% of the fund’s NAV into money market instruments, deposits and/or cash.

....most probably cannot get from FSM yet....

Full link
https://www.thestar.com.my/business/busines...technology-fund

Just read about this new fund.
Can I buy it through FSMONE MALAYSIA.
Considering to invest in this fund.
Hopefully initial investment amount RM5000. 00
Share your thoughts friends.
Tq😊

What're the reasons? 

Are you qualified to give such advices as per SC guidelines?

I'm testing if the mod is doing the job as per new SC guideline.
Welcome or not is another matter.

No worries since not welcomed, I'll leave this forum as you wished.

i think that should be attached to posting that "makes a statement that amounts to a recommendation or inducement to take action or position (for example, buy, sell or hold) regarding a particular class, sector, or instrument in relation to securities or derivatives, ”

i think the SC guidelines started to formulates after this....

SC WARNS INVESTORS OVER ‘PUMP AND DUMP’ SCHEMES VIA INTERNET AND SOCIAL MEDIA
21 March 2018   |   Kuala Lumpur
The Securities Commission Malaysia (SC) today issued a warning to investors over the increase use of blogs, forums and social media platforms to spread false and misleading information on certain companies in order to perpetrate ‘pump and dump’ schemes.

https://www.sc.com.my/resources/media-relea...nd-social-media

the named blogger has the same name as a forummer that was active in LYN stock forums since 2007 too.....
i think the forummer has last posted in Feb 2018

Wall Street at record high as Democrats take control of Senate
https://www.theedgemarkets.com/article/wall...-control-senate

I’ve read somewhere saying investors prefer Republicans win the senate election but this news seems to be the opposite. Will this be a temporary surge?

Morning..

i want to divert my bolehland % to tech fund

TA global or united global? or other tech fund worth jump into?

Can look at the SG virtual event now as Nikko people talking about their ARK disruptive fund...which they admit is more like a tactical fund, and the guy said in morning that he would buy global equity over ARK lol

Maybe you got my nuance wrong. I have not taken sides here. I mean the Nikko guy himself said so.
This talk today is quite informative on tech sector.

Most of them bullish on China, Tech and Finance. Especially if you start from earlier this morning.

the problem with disruptive tech stock is that most of them dont have earnings. they are flying of hopes and dream, same like bitcoin. how long before reality sets in and some whale start shorting it. i think if you are conservative person, chasing such growth stocks can only be a tactical move within a strategic asset allocation.

Hi,
Is investing in UNIT TRUST which directly invest in ALIBABA and TENCENT is considered safe enough as I noticed too much pressure is  given to them as their share price fluctuates sharply in an extremely short time interval ?
Eventhough they are excluded from being blacklist by USA, is it recommended to invest in ?
I read most of CHINA based UNIT TRUST (fund factsheet), are investing small portion of their amount to these types of companies.
I'm new to this kind of high risk investment as I go through a lot of sources to make a good decision in investing.
Please share your opinions guys.
Thanks.

This week Malaysia sector Red red red
Hopefully some green after today announcement

Thanks ma fren..will have a read up..
Haha i just invested a small lump sum towards end dec 2019/early jan 2020 and left it aside without looking at it even during the march meltdown. The funds i bought were principal greater china and eastspring dinasti fund.

previously, FSM will come out a monthly article PE of various region/country....
like this one (attached image) i keep last time...
they will use it to compile the star rating....

now they still have star ratings.....(just have not found where they kept the PE table)
In our Star Rating exercise, we look at key valuation metrics like PE and PB ratios, expected earnings growth, along with excess earnings yield to determine how attractive a particular market is. In addition, we consider the economic outlook, generational reforms as well as fiscal and monetary policies in a particular market and tie those stories with our estimates. The Star Rating reflects the upside potential of a market, which is inclusive of valuation expansion, expected earnings as well as expected dividends.

https://www.fsmone.com.my/funds/research/star-rating

at times, due to the mandate of the fund or the benchmark it follows.....the FM cannot cut exposure....