Monday, September 14, 2015

The RM20 Bil Booster





So finally it did happened ...a piece of good news ....the national economic team from ValueCap Fund came out with a RM20 bil booster especially to the stock market. 

Don't expect too much as the economical fundamentals of the country and the worlds' problems did not end with this 20 bil injection.

It is too small to have a long-term effect.





And just guessing ok ...if today the national team guys roughly spent RM1 bil to prop up the market, based on the total RM1.3 bil bought in Bursa Daily Participation table above, that means that the bullets will finish in 20 days if they continue to spend this amount every trading days ahead.


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