Memorable May 2018

May 2018, especially 9th May onwards is a memorable month. This is the month where the Malaysian had chosen the new government which is the 1st time in 61 years. Other than this, it is also a very memorable month for the investors in Bursa Malaysia too!

This is because the number of limit down counters are too damn much! So what are the limit down and almost limit down counters?
1.    Gkent
2.    Gamuda
3.    CMSB
4.    MYEG
5.    Eforce
6.    Litrak
7.    HSSEB
8.    AZRB
9.   GBGAQRS
1.   Econbhd

*I might have missed some, appreciate if you could update us if we have omitted any.

Other than those being mentioned above, most of the construction counters are badly hit either due to cancelling those mega contract.

Other than these limit down counters, there are some counter that goes limit up too.
1.      Opcom
2.      Eden
3.      Thriven
4.      Ewein

After seeing all those counters that get limit down, I do also feel afraid of doing investing even though this risk only happen once in 61 years. The feeling of seeing these stocks go limit down and not able to exit is just too painful. These limit down counters usually have a lots of liquidity and able to enter and exit freely in usual days, however, it is totally different this time. There are 0 buyers but only sellers, it is pure scary!

This don’t usually happen and it only happen in financial crisis time and this time we have experience it even financial crisis is still yet to happen. Anyway, this is a good time for us to learn and beware in future.

There are some counters like MYEG that rose from RM0.795 in 2015 and it take 3 years to go up until RM3 in 2018, and it takes only 13 trading days to drop back to RM0.795. Could you imagine how pain it is to see this happen? On the other hand, what do you think about the owner Mr TS Wong’s feeling?

Gamuda also take almost 5 years to rise from 3 and it only takes them 12 trading days to get back to where they are in 5 years ago.
I do understand, that it is not easy to endure such pain and I’m really sorry to hear about it.

Anyhow, we have finally bid farewell to May 2018 and it’s a new month. BCF believe it would be better for us to start a new month with a more positive tone.

Looking at the bright side, May 2018 is a time where we have huge changes which causes a lot of hoo-ha in the market. However, we have to stay strong as this new changes not only bring pain but it will also bring opportunities at the same time. You have to be wise to look for the prosperity lay in between.

To an investor like us, we have to adapt to this changes and look for ways to capitalize the new opportunities that arise. Big Canon believe that changes = chances, all we need to do now is open our eye and ears wide to hunt for opportunities. Let’s work hard for our future!

May all the HUAT be with us!

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