Breaking 1000 Billion Market Capitalization

Reading back the old posts, "In Defending 1000 Billion Market Cap" and "What Is 1000 Billion Meant To Me" which were published on 16/10/2014 and 24/12/2014 respectively.

The FBM KLCI 30 component stocks was hard hit to close 1722.16 on Monday at 15/6/2015 and the market capitalization was also down below 1000 Billion! Look into details and compare the index levels and the market capitalization that we did write in the previous posts, then continue the reading below...

Felda Global Ventures or FGV (code 5222) will soon be replaced by Westports Holdings or WPRTS (code 5246) in the FBM KLCI 30 component stocks. But, the market capitalization will probably be added nearly 9 Billion (FGV 6B against WPRTS 15B)! Thus, it is believed that the 1000 Billion will be well defended unless the FBM KLCI index is getting even lower!?

Forget about FGV or WPRTS since they are just less than 2% of the 1000 Billion. We did face below the 1000 Billion when the FBM KLCI index was at 1740 last year, and now below 1730 level only we have the same problem, why? do your own soul searching!

1730 verses 1740 had shown 10 index points advantage in defending the 1000 Billion, adding WPRTS will probably allow more buffer right!

All the above numbers is enough to grill your mind overnight. Since we already have a government trying very hard to skew the numbers to avoid hitting the debt rate ceiling, what is the problem by taking out and putting in different weighting stocks to defend the 1000 Billion? Time will tell you that "you" may not worth even half of the 1000 Billion and where will be the FBM KLCI Index level!? 1500, 1000 or 500?

You may probably see a double on 1000 Billion in future but definitely not in years to come! Let's hope that Bursa Malaysia has a magic wand to turn the 1000 Billion to 2000 Billion on its 30 Blue chips and our retirement money will grow tremendously by the time we are at the age of 55!

In Defending 1000 Billion Market Capital

Read back the old post, What Is 1000 Billion Meant To Me, in early October on the 30 component stocks of FTSE Bursa Malaysia KLCI or FBM KLCI index in short, readers should be knowing the issue of defending the market capitalization in the last day of year 2014!

At 1740 level, FBM KLCI index is now having just about 1 Billion Ringgit below the 1000 Billion benchmark - 999 Billion Ringgit (the emergency number!).

Remember at 1800 level, we had 1050 Billion Ringgit value of the market capitalization in the 30 component stocks, we (our country) now poorer by 50 Billion ringgit after FBM KLCI drop 60 points to 1740. 

Just imagine how much poorer we (again, our country) are when the FBM KLCI index drops another 60 points? We will be 100 Billion Ringgit poorer based on a basic observation on the above paragraph. 

Therefore, just pray hard that our 30 component stocks do well in their respective businesses and wish that our 1000 Billion benchmark double in coming years!