Thursday, June 9, 2011

Why KLCI cannot move despite Goldman Sachs's call?

Well, many people always ask me why KLCI seems to be living in an isolated world and the stocks go up and down in a manner that is oblivion to the world market movement in general??
I will tell you why despite an overweight call on the malaysian equity, KLCI remains like shit.
One reason, lost of confidence in the government's leadership and credibility to lead the country with integrity, honesty and success. The perception of corrupted judiciary system, corrupted police force (not all from chief to constable, I hope) is what causes this market to behave pathetically most of the time. Even CNBC don't wanna talk about malaysia at all. Shit its damn frustrating to waste such a great nation away by having incompetent leadership. Brain drain has to be stop at all cost if we want to save this nation.
Look at the news today about evidence of police "executing" 3 youths that police claimed to be suspects of gang robbery. After reading all the info, I don't feel safe at all, let alone foreign investors. Sad day for Malaysia.
http://www.themalaysianinsider.com/malaysia/article/three-executed-while-kneeling-before-cops-says-lawyer/

No comments: