Foreign investor may start to taking profit
FBM KLCI rally almost 4 months due to foreign investor buying into Malaysia blue chip when USD dollar are drop in value again RM. Beside that, foreign investor already mark up the share into a very high level plus local investor had become seller all along FBM KLCI rally, so now the market is full of foreign hot money and when investor like us jump in foreign investor will made profit. I think as long as local investor still keep at the side line, FBM KLCI sure will not drop.
Foreign investor money will not long in Malaysia because they are not long term investor to build factory in here, they target is just hide they money in share and property out from USD
6 comments:
i doubt FDI may leave after budget 2011...
what do you think about KNM? It appear that its been rallying for the last couple weeks.
I think FDI will going to leave by year end or early of the year where by when a lot of retail investor jump in into market, as usually they did before CNY for past many year.
KNM may likely to move up because the price is in over sold for long time, however the sign show that KNM will rally up strongly still not yet seen.
Durian - with the proposed consolidation on its share soon, do you think its a trap and no-go for local investor?
Anonymous
Did you mean KNM share?
yes, KNM lor :)
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