Background:
Back to 1998, we have the Asian Financial Crisis, which started in Bangkok and contagion to Malaysia, Indonesia and Korea leading to "currency war" and "currency collapse." Everyone was devastated except those who buy food counters and plantation. Plantation such as Far East Holding went up from RM1 to RM 8 (pre-split and bonus issue). Currently, a single lot of Far East, bought at the height of 94 for RM 8, would worth roughly RM 20 (notwithstanding the accumulated dividend). Therefore, Plantation is always the safe bet - even at the maximum price.
That's why, Peter Lynch (Best Fund Manager Alive) always say "Put your money, where your mouth is."
The rest is classical. I still advocate investment in - Ground, Grab, Gas, Gourd, and Gold.
Current Scenario:
Will history repeat itself. I am unsure. But, I know "Food is the basic necessity for life." and "We spend most of our money on food."
List of notable plantation stocks:
1) Hup Seng plantation.
2) Kwantas
3) Kuchai
4) TDM
5) Inchkenneth
6) GL BHD
7) MKH
8) SUBUR
9) FGV
10) WTK
"Put your money, where your mouth is, is the best strategy."
Good Luck! Amigo!
Yours Sincerely,
Dr Lion.
Back to 1998, we have the Asian Financial Crisis, which started in Bangkok and contagion to Malaysia, Indonesia and Korea leading to "currency war" and "currency collapse." Everyone was devastated except those who buy food counters and plantation. Plantation such as Far East Holding went up from RM1 to RM 8 (pre-split and bonus issue). Currently, a single lot of Far East, bought at the height of 94 for RM 8, would worth roughly RM 20 (notwithstanding the accumulated dividend). Therefore, Plantation is always the safe bet - even at the maximum price.
That's why, Peter Lynch (Best Fund Manager Alive) always say "Put your money, where your mouth is."
The rest is classical. I still advocate investment in - Ground, Grab, Gas, Gourd, and Gold.
Current Scenario:
Will history repeat itself. I am unsure. But, I know "Food is the basic necessity for life." and "We spend most of our money on food."
List of notable plantation stocks:
1) Hup Seng plantation.
2) Kwantas
3) Kuchai
4) TDM
5) Inchkenneth
6) GL BHD
7) MKH
8) SUBUR
9) FGV
10) WTK
"Put your money, where your mouth is, is the best strategy."
Good Luck! Amigo!
Yours Sincerely,
Dr Lion.
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