@boncos the BDI has rocketed to the highest level in 2023 so far. Typically BDI is a precursor to economic activity (as people always say, logistics is lifeblood of the economy).

I haven't looked into it in detail, but the trade and manufacturing numbers are showing a rebound at least-- and this is also supported by the rising BDI as per Wckyoff's theory.

With many stocks (in Malaysia) still in "discount" compared to historical valuation, perhaps this could be a good opportunity. Many businessmen in Malaysia are "takut mati" kind of mentality, so a lot of companies are actually very high net cash position (or mostly in low debt position). example: $HARBOUR / 2062 (HARBOUR-LINK GROUP BERHAD) $ASTINO / 7162 (ASTINO BERHAD) $SAMCHEM / 5147 (SAMCHEM HOLDINGS BERHAD) $PCHEM / 5183 (PETRONAS CHEMICALS GROUP BERHAD) and so on. These are some companies who benefit from increased economic activity (and vice versa).

See attached excerpt and find the beneficial sectors (from https://cutt.ly/uwbZhlKx )

tagging @BrianTeng @zhiyang007 @LittleShare who might be interested in these data.