New cabinet and council of elders will boost confidence

This is the first time in history. I think the appointment of Minister is based on merit though in an limited resource for elected MPs. Where Lim as Minister of Finance will change the core accounting of the country as the most appropriate appointment. Mat Sabu and Muhyiddin also appointed nicely within their capacity.

Particular the council of elders. With lot of experience from different era and areas. This is one of the most powerful economic council that I believe is highly beneficial to Malaysia.

With this, I would personally raise Ringgit target to RM 3.50 vs 1 USD and KLCI to reach 2,000 in next 12 months. Even could be end of the year of 2018.

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