Master Dip's comment on FRONTKN. All Comments

Master Dip
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US Futures pumping up ... Nikie up 2.5. Tonight Powell will be giving speech.
jayson K
us keep up, klse keep drop
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Fed
No effects on Frontken lol
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Joe MH
Loussy Klse... Lol
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Calvin Lee
US market is not helping now, our currency is too strong
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Master Dip
Wait for fed to further cut rates. Bond returns will be less attractive for investors and they'll start taking low rate loan from US to carry trade in Malaysia even though ringgit strengthens past 1usd=rm3.99. The problem now is ringgit strengthening not proportional to the lowering of interest rate and US bond. Japan had low rate.. people take loan and pump into US bonds and stock market. When US rate goes lower, I assume money market will find Malaysia more attractive.
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Calvin Lee
Malaysian ringgit is stronger not just against the USD but also against most other currencies, including TWD and SGD.
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