In our previous article, we mentioned that exporting counter will benefit from strong USD, As per 28/8/2018, USD is still trading at RM4.10 level which well above the comfortable level of RM4.0. As what we mentioned in the previous article, we mentioned that our top 3 counters will be: 1. Wegmans 2. Homeritz 3. Evergreen Wegmans had announce their quarter result with flying colours where BCF wrote about them after the result and they had hit their historical high today. Last week, Evergreen had also announced their quarter result which looks like quite good if compare to their previous quarter and also the corresponding quarter. However, when we look closer at all the quarters, then we feels like the result is just average only. The profit of the company is only coming back to their average level and it is still far away from its previous high and this doesn't show much growth...
Trump has been dishing lots of “bomb” to the world which badly affected the financial market and causes a lot of volatility around the globe. From Canada to Europe to China and the latest casualty is Turkey. This had causes a lot of rebellion and a lot of financial market crashed. However, there is 1 thing that is keep going up is USD and this USD index formed a technical break up at the 95 level. At the same time, Ringgit had also depreciated against USD. RM had fell back to the level which we had seen in August 2015, May 2016, and September 2016. Do you still remember what happen that time? Let’s have a look at FBMKLCI, coincidently, the 3 month mentioned above also almost the bottom of FBMKLCI, will this time the same again? Well, we are not so interested in this topic but we are more interested in the topic below. BCF remember that there are a lot of export stocks which had rally quite a lot due to the RM depreciated a lot, this is due to most of the export counters are sellin...
8 days and 7 nights, a short trip I would call and it's tiring but it's fruitful. Why? I think I've learned quite a lot even its just a short trip. Many would say, what can U learn by travelling? Actually travelling can let us know more about the culture of the other nations and see what they doing and learn from them! After all, I would like to share some of my experience and learning right here no matter its good or bad. The Kitty Land This country loves Hello Kitty so much! They have everything about Hello Kitty! From the toys in McDonalds, facial tissue with Hello Kitty, Masks with Hello Kitty packaging and even Diapers with Hello Kitty packaging, Landyard and more! The best part is even EVA Air has Kitty Plane too! Its so crazy until I can address Taiwan as Hello Kitty Land! Traffic 1st thing I notice about Taiwan is their traffic. The driver seat is at the left side of the vehicle and they are driving at right lane instead of left lane. 2nd thing is their traffic...
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