Saturday, February 2, 2013

Waiting for Malaysia General Election

General Election (GE) is around the corner. The Bursa Malaysia stock market is very quiet and not much moving for all the stocks recently. Personally, I am out of the market and waiting for the GE announcement.

What would happen if GE is announced?
If GE is announced, most probably the stock market will have a drop. Why? It is because investors will pull out their money from the market and see what will happen during the election period. When a country goes into election period, most foreign investors and local investor will stop investing and watch.

Everyone will be waiting for a great time to get some cheap stocks when the market drops. So, for now, I think we should be patience and wait for the announcement and date of GE.

What do you think?
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