The active trading volume for lower price stock in Bursa in last few days has excited many retail investor in Bursa Malaysia.
The active participation in Bursa is a good sign for Equity Market, but retail investor still need to take extra precaution as MOST of the active stock is speculative in nature & without strong fundamental to support the rise.
One of it is RED CHIPS in Malaysia.
Now we can read from the headline of major news daily that RED CHIPs is rising due to the China Concepts, esp when China's President Hu will visit Malaysia next week.
Well, as a always tell my friend that this all so call RED CHIPS China concepts stock is actual NOT SO RED la.
ALL the good china stocks will seek listing in Hong Kong, Singapore, or now even listing in China itself, because the valuation there is higher & the market is much more active than here (Malaysia).
So, why they come to Malaysia ? Because they are not so RED lo !
(Picture : Penang Heritage)
2 comments:
Er...
I thought it is a norm that we always export good things to other countries, and import not so good things to Malaysia?
Eg, we export high grade petroleum, and import the not so good grade petroleum.
We also export a lot of highly skill human capital to other countries, and at the same time, we import a lot of labor intensive workers (domestic workers, operators, construction workers) to Malaysia.
Now, good companies originated from Malaysia is seeking listing elsewhere, and, again, we only manage to attract the not so great companies to Malaysia for listing.
We can only progress if we take in the best, and filter the bad.
Can Malaysian government realize this problem?
Giap Seng
Totally agree !
But judging from the Najib's Govt's Policies, Nothing has change, only slogans to please the Malaysian, No change of policies to the better.
ALL TALK ONLY.
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