Saturday, November 17, 2007

A MARKET THAT LOSING HIS CHARM


20 years ago, Penang is the leading state in Malaysia, it has the most beautiful beach of Batu Ferringi and tourism is doing go. Today, 20 years later, the tourism industry is dead as well as the dirty beach. Penang is lagging behind the other states in Malaysia.

Same goes to the Country -Malaysia.
Today, 20 years later, Tolls all over the KL, Traffic jams all over the badly maintained roads, all towns occupied by foreign workers ( Legal & illegal), quality of higher education deterioriate, lousy public services, bad securities etc....

Same goes to the stock exchange - Bursa Malaysia.
Today, 20 years later, all quality & the rich investors has gone to Hong Kong (Hang Seng), Singapore (The Strait Time), China ( Shanghai).

All popular unit trust funds now launch new funds for overseas markets.
Now even the small fish like me start to invest in HK & Singapore via OSK.

What you can see now the Bursa Malaysia has difficulty in attracting the retail & foreign investors, WHERE IS THE VOLUME !? ( Maybe KWSP will be the one to rescue Bursa)

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