Comments Bursa Malaysia

What a day on Bursa Malaysia. If its not Iris its something else. Mobif is the latest "champion" to free-fall from dizzying heights to drowning depths. Together with it went all the other speculatives or maybe in M'sia we should call them "Syndicatives". This shows what a risky place a stock market can be. You might make a million today but chances are you'll lose 2 million tomorrow. Don't blame Bursa or SC, this sort of syndication must be stopped at all cost. Otherwise far too many people will lose all their savings in the market.

So if you want to trade, go for the slow but sure winners, the good stocks in good industries. One example was the plantation industry. You would have made good money without running the risk of disasters like Mobif & Iris.

Take care when trading in the next few days & avoid the "syndicatives".