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Showing posts from November, 2015

MyETF Thomson Reuters Asia Pacific ex-Japan Islamic Agribusiness

Below are the questions post from clients related to the launch of IPO,  MyETF Thomson Reuters Asia Pacific ex-Japan Islamic Agribusiness ("MyETF-AGRI"). 1. May I know what is this offering? 2. Does this IPO related to the financial market data service provider Thompson Reuters? 3. How does it related? Is it a good option to buy? What do you think? ---------------------------------------- My reply as below: This one is ETF (Exchange Trade Fund) base on Thomson Reuters Asia Pac Islamic Agribusiness as benchmark Index Shariah Methodology. Meaning, the fund will buy those companies in their Benchmark Index, they may review and rebalance semi annually and provide the NAV (Net Asset Value) on daily basis. (normally the stock price for ETF will follow NAV closely) Currently their top 10 constituents (make up almost 53%) of the Benchmark Index and their respective weightings are as follows, however, they may change the securities base after quarterly review:

Time to buy Genting?

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Yesterday I posted the below chat to some of my clients: In the post, I say, this stock form higher high for daily and weekly record and it create an opportunity for investors to buy on pull back. Guest what, a lot of query started to come in: * "Did you tell me can buy this stock?" * "At what price can I buy?" * "I like to buy this stock, can you tell me when to buy and when to sell?" Unfortunately, I can not tell the correct answer, in fact, there's no correct answer. What I tried to point out here is this stock starting to form the uptrend now, however, we do not know when the uptrend will stop and we should not predict it as well since the experience show that it's almost wasting time to predict the market. What we should concentrate is current market trend and we ride on the trend. When time come to sell, we should sell it, it's normal for market to work that way, isn't it? However, this is not recommendation to buy,