“VS Industry is benefiting from the fallout of its peer on the common customer’s business engagement, where it has secured three various segments of new models. This would rake in at least RM500mil in revenue, with earnings potential of more than RM25mil (better margins) to cushion the demand softness from other key customers,” it said.
I believe a bull market in KLSE will start in the second half of 2023. This bull market will last a long one since KLSE was in a bear market in the last 10 years. KLSE cannot be a bear market permanently, it is too long, a bull market will come back soon. We should see the light at the end of the tunnel, a few good signals have appeared. 1. The Malaysian economy expanded by 5.6% in the first quarter of 2023 (Q1 2023), comparing favourably with regional growth such as Indonesia (5%), China (4.5%) and Vietnam (3.3%). The Q1 2023 growth performance contributed strongly towards the achievement of the 2023 whole year forecast of 4.0% to 5.0%. To me it is good news and it should benefit the performance of KLSE. 2. I believe our unity government will perform well in the 6-state elections to convince all investors that the worst is over. No more perception of unstable federal government. 3. The latest report on US dollar index, the index falls below 100 points. It means the USD will drop further against RM. The conversion of USD to RM is at 4.53 today. It means foreign funds will stop to flow out from KLSE. 4. The economic data of Malaysia showed a big improvement in May 2023, the inflation rate is reduced to 2.8% which is a good news to KLSE.
Good luck to all investors, hope a bull market starts in KLSE soon to help all readers to make a lot of money in the next 2 years. Hope to see more millionaires are produced in KLSE, do not believe other stock markets are always better than KLSE. It is a matter of timing only. Thank you.
This book is the result of the author's many years of experience and observation throughout his 26 years in the stockbroking industry. It was written for general public to learn to invest based on facts and not on fantasies or hearsay....