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The Wiz Signalled us a Few Opportunities

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We observed selected sectors such as gloves and technology were having some good moves last week, accompanied by a decent sentiment and traded volumes on Bursa Malaysia. Although these (trading volume and value) are still far from the MCO period, it is considered above the average at this moment. 

However, retailers may have some problems to look for trading opportunities under this slower pace trading environment, but M+ Online could offer you the M+ Wiz to capture the potential stock trading ideas effortlessly. 

Here are some examples of our stock selections that were triggered by M+ Wiz on Friday.

CAB – Under the consumer segment and was triggered by M+ Wiz

Source: M+ Wiz

DUFU – Announced bonus issue and still trended significantly higher for the session

Source: M+ Wiz

HEXZA – Chemical related segment that sees rising demand under Covid-19 pandemic

Source: M+ Wiz

Despite the previous upward move, some traders may not be comfortable to chase high, that is the usual stance from traders perspective. However, M+ Wiz signals are here to mitigate the fear and greed feelings, removing the emotional risk factor in our trading journey.

We will continue to monitor M+ Wiz and look out to catch the right moment for stocks to ride along the upward rally moving forward.

We continue to highlight that these examples above are not to suggest a BUY or a SELL recommendation and it is more for a case study reference material for the future. Nevertheless, we believe the objective of M+ Wiz is to give you a good confidence that the system is capable of selecting potential winning stocks on a daily basis. 

Control your emotions or your emotions will control you. Cheers !


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AME Elite Consortium Bhd – 2nd Dec 20

The proposed AME REIT would also provide stable and recurring income to investors, with at least 90.0% of its income to be distributed as dividends to unitholders. We note that slightly more than half of the current tenants of the industrial properties has more than 5 years of lease under their agreements. Additionally, AME REIT is expected to benefit from lower tax rate compared to prevailing corporate tax rate at an average of 23.4% recorded over the past 4 years.

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Technical Focus – 2nd Dec 20

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Swift recovery

Expectedly, the FBM KLCI performed a swift recovery as the key index recouped most of its previous session losses to re-claim the 1,600 psychological level. We reckon some stability will ensue with further upsides are in the cards as investors continue to focus on the economic recovery progress. Meanwhile, we believe that the lower liners will continue to enjoy their upward momentum as liquidity remains well on the equities market with investors capitalising on the positive market sentiment.

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Tempered by MSCI portfolio re-balancing

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