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FTSE Bursa Malaysia ACE IndexFTSE Bursa Malaysia ACE IndexFTSE Bursa Malaysia ACE Index

FTSE Bursa Malaysia ACE Index

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FBMACE trade ideas

How A Market Melt Up - Malaysian Penny StocksSo, the benchmark Malaysian Penny Stocks Index (FBMACE) just went into melt up mode. The indices were almost near its all time low on March and now has broken all time high and more than tripled in a matter of 5 months. What is going on? Simple. The Malaysian Market is SMALL in the grand scheme of things. There is nothing Fundamentally strong about Malaysian economy, in fact we are in recession. A simple analogy, when you have a tank of water trying to fit into a cup, that's what happened. The Central Banks globally has just sent a tidal wave of unprecedented level. Therefore all of this money is going to go somewhere. I doubt Malaysians or even Malaysian Funds have enough fund to pump this market. This market is certainly driven by foreign fund managers looking for cheap equities globally. Well, Malaysian equities are no longer cheap and we are about to enter expensive or bubble mode. I don't expect good things to happen after this, the ultimate corrections and crash will happen and many newbies and retailers are going to be left holding the bags. On all the pump and dump that is going. Reasons why I never tell anyone to enter the market now and shrug off any people who contacted me to ask about the market. I know it will be the top of bubble when people who never talked to me for years suddenly call me up and talk to me. Market always move in cycle. Anyone who try to BET AGAINST central banks are idiots. You either hold cash, hard assests or you remain invested. Another reasons why most rich people in the world are not short sellers. I expect this run up will continue for some time, then, we will peak. In the meantime, there will be many stocks that wll do 10-20x or even 50x. And then that's the end of it. Don't reach out to me. You don't need to and I don't have time to. Sorry. Regards.
FTSEMYX:FBMACE
by UnknownUnicorn735418
Malaysian Penny Stocks - Whales Already Bored?Please, don't reach out to me, I don't have time to read your messages and comments and sorry, I don't care about you even if you are nice person. The reasons why I only look at facts/data and not opinions because you can't not cheat or hide facts. Here is one example. Year to date, Malaysia FMBACE index which represents small cap and penny stocks have been outperforming everything. When you chart FBMACE against FBMKLCI, FBMSCAP, TECHNOLOGY you can see that it has been doing quite well. Here, the FBMACE benchmark is almost at its all time high versus FBMKLCI since 2009 and about to break it. What does this means? How do you interpret it? It just means that the FBMACE is doing its own thing and is not tied to the benchmark. Which means that the whales and syndicates who are operating these small stock stocks are bored and wants to pump these stocks. Why the pump? Maybe they need to make money, maybe because retail investors are flocking to the market, especially considering that Bursa Malaysia has been making a lot of money recently. Why? I don't know. As someone who has been in the market for the past few years, I am very cautious with this development. Yes, some penny stocks will do 10-20x and then go back to ground and cause a lot of pain to the newbies. That's the reality of life. I never encourage people to invest/trade in the stock market until they understand how the games are being played. In fact, I have been discouraging people around me to play the market until they understand how the whales/syndicates play the game. If you are clever, you can make lots of money from trading these small cap or penny stocks but it is none of my business. I will trade and invest based on my risk profile. I don't really care. But you need to understand the game, then only you can succeed. Regards.
FTSEMYX:FBMACEEducation
by UnknownUnicorn735418