finnacer

As we can see, Ringgit had hit its recent low where it 4.1455 this morning. We saw some export counter started to move yesterday. BCF notice that a lot of exporting counters started to move, but the stock that move the most is actually Particle board counters. In the previous article, we mentioned that the particle board are facing lower average selling price which affect their previous quarter result, so what makes them move again? Well, Big Canon believe the reason behind the move was due to the Typhoon Jebi. The typhoon had hit Japan quite badly where there are some houses and roof top got blew away by the strong wind. There are also reported injuries as well as death. Source: https://www.bbc.co.uk/news/world-asia-45406857 This had made me recall the situation when Japan had their worst hit from Tsunami, the rebuild had created a lot of demand towards the wood and particle boards. This had directly and indirectly causes the whole segment to rally. This time round BCF believe the dam...

After the change of new government in GE-14, there have been lots of hoo-haa in the government sector as well as the business sector which brought lots of volatility to the market. We saw lots of project being called off and some were postpone. This had causes lots of contract being called off and taken back. We believe this could be a good news for those company that are capable but are not being given a chance by open tender. BCF believe if the new government were to deliver what they promised in their manifesto, then there are a bright chance of open tender being apply. This will allow a lot of capable company to perform and shine. However, which industry offer the highest growth? Looking at the past we believe IT business will offer the highest growth rate where we have example such as MYEG and IFCAMSC. I believe most of the readers might know about MYEG but let us recap a bit regarding IFCAMsc. IFACMSC @ 0023 a very well-known counter back in 2014 where the stock price move from b...