Some interview from newspaper with fsm analyst today, major content:
-KLCI undervalue
-KLCI almost seen its bottom. Going to bounce.
-MYR strengthening favour market
-Now good time to enter MY market.
-Tech stock looks promising. 20% up semi conduct products.
-Bond worth to in. Ratio shall be 30 foreign exposure@malaysia short term:70malysia
Mentioned above based on my memory. Shall be more or less the same.
My view:
LOL this is the job of analyst. KLCI undervalue I don't know listen how many time. Best time to enter local market also don't know how many time. market almost seen its bottom also don't know how many time. Weekly sunday say the breach at xxxx point. Every week also keep lower down, but previous week say breach unlikely to breached. 1.7k say 1.7k is bottom, now 1.6k say 1.6k is bottom. next week see see 1.5k say 1.5k is bottom. Rinse and repeat ahaha.
Say tech stock worthwhile to invest but recommended fund nowhere to see any tech fund.
About the FI part, good la. What he mention true also.
Thanks for the news and your opinion, appreciate it.
Although it doesn't really affect/change my opinion of when to top up my funds.