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  i3lurker credit card holders MUST pay more than normal payments since credit card holders already cannot pay normal payments how can credit card holders pay MORE than normal? Bank Negara tot about it and taking the opportunity to bankrupt more than 1 million people in Malaysia. When these people go bankrupt, those housing loans will go bankrupt also. Bank Negara's ultimate objective is to make houses more affordable coz all these bankrupts will have houses forced sold. There is definite systemic risk to the banking system with this Bank Negara Annoucement 25/03/2020 11:00 AM i3lurker example credit card holders already cannot pay RM100.00 now Bank Negara says MUST pay RM150.00 or go bankrupt....... now situation has become much much worse to the economy sure many more people will become bankrupt. get ready money to buy more cheap houses. 25/03/2020 11:09 AM Jeffreyteck Loans moratorium, hopefully borrowers were not misguided, interest will be accrued accordingly. So, if can afford, better settle loans promptly. https://www.thestar.com.my/business/business-news/2020/03/25/bnm-no-need-to-apply-interest-will-be-accrued 25/03/2020 2:26 PM investmalysia Lucky I took profit this morning at 3.63 with entry price at 3.3. Nice profit in few days 25/03/2020 2:40 PM kinuxian Beside potential raise of NPL with additional 2 weeks MCO, 6 months loan moratorium, brace for further fall as Indonesia, Thailand business is worrying too. Indonesia is more worrying as rupiah to MYR fall almost 9% in a month. - https://www.straitstimes.com/asia/se-asia/indonesias-health-system-on-the-brink-as-coronavirus-surge-looms 100 bps OPR cut is imminently. 25/03/2020 2:55 PM Jeffreyteck The bold relief measures announced by Bank Negara Malaysia (BNM) yesterday will help to protect banks’ earnings, and hence dividends from excessive shocks, according to Credit Suisse.... is it the authority's aims to protect bankers profitability? As as consumer, looking forward for lower profit but not bankrupt. 26/03/2020 1:09 PM  mobidick It has started, the waiving of interest accrueing for a period of 6 months by RHB. The way i see it rhb will only dare to give out that statement if they have agreement from whole banking industry to do the same. So for CIMB its only a matter of time before they come out with that statement as well. Positive PR gain but negative earnings growth, for the entire sector. If this news still drive banking stocks up it really confirm market have gone crazy. No incentive and forward guidance, regional country started initiating lockdown(cimb have branch in thai and indo), loan moratorium for 6 months, suspension of interest compound. So freaking many negative drivers. Keep in mind IDSS and PDT is still in suspension up to 31st march. How the hell can rally in finance sector be sustainable?? Crazy sentiment. 27/03/2020 12:49 PM kinuxian https://www.theedgemarkets.com/article/rhb-first-local-bank-waive-compound-interest-or-profit-during-sixmonth-moratorium 27/03/2020 3:51 PM  apanama FBMKLCI is heading 1,400-1420...CIMB will heading towards RM 4.00-4.20...hehehhe..buy at your own risk..only risk taker and market warrior will gain a lot..dont like risk dont play stocks..just play punai at home..:) 28/03/2020 5:25 PM Keyman188 Sian lorrr....Super Sian lorrr... No IDSS until 30/04/20... No margin call until 30/09/20... So how to catch the fall knight again !!!.... Long waiting...long waiting...long waiting.......... 29/03/2020 5:47 PM ivanlau tough and go business belong to cimb, now is the good chance to accumulate. 29/03/2020 8:42 PM kinuxian https://www.bloomberg.com/news/articles/2020-03-29/indonesia-prepares-to-lock-down-30-million-people-to-curb-virus 29/03/2020 11:20 PM Addy 美国史上规模最大” 美国2兆经济刺激法案生效 https://www.youtube.com/watch?v=lNpsHPd-hbA&fbclid=IwAR1wH17cZw6wseUIEV5ly6zyFlQycUh6aS_BvJ88xdVUdKoBhEXFN0otscc 30/03/2020 10:47 AM Jeffreyteck TP2.80 gradually amidst intensified virus cases and growing fears of growth. 30/03/2020 3:24 PM kinuxian https://www.theedgemarkets.com/article/world-bank-lowers-malaysia-2020-gdp-target-01-0 From 4.5% to -0.1%. 31/03/2020 11:18 AM leslieroycarter Yes , it will b lower still when Corona hit its peak in days to come 01/04/2020 12:28 PM Investor48 Good..tomorrow pls drop kaw kaw.. Need to buy back after profit taking.. Hehe... 01/04/2020 8:57 PM tkl88 Dow plunges 974 points after Trump warns of 'painful' times to come and a 'shocking' coronavirus death toll Carmen Reinicke Apr. 1, 2020, 04:09 PM https://www.google.com.my/amp/s/markets.businessinsider.com/amp/news/stock-market-news-today-dow-sp-fall-coronavirus-death-projections-2020-4-1029056226 * US stocks fell sharply on Wednesday after President Donald Trump told the country to brace for a "very, very painful two weeks" amid the coronavirus pandemic. * The White House projected that the US could see 100,000 to 240,000 deaths from COVID-19, the illness caused by the coronavirus. * The losses came on the heels of the worst-ever first quarter for the Dow Jones industrial average. * Read more on Business Insider. US stocks fell Wednesday after President Donald Trump issued a dire new warning about pain ahead due to the coronavirus pandemic. Trump told Americans to brace for a "very, very painful two weeks" during a press briefing Tuesday evening, adding "this is going to be three weeks like we've never seen before." The White House is now projecting that the US could see between 100,000 and 240,000 deaths from the coronavirus pandemic, peaking over the next two weeks. Right now, the US has 189,000 confirmed cases of COVID-19, currently the largest outbreak in the world. As of April 1, 4,000 have died of coronavirus in the US. 02/04/2020 7:06 AM tkl88 Here's where major US indexes stood at the 4 p.m. ET market close on Wednesday: * S&P 500: 2,470.50, down 4.4% * Dow Jones industrial average: 20,943.51, down 4.4% (974 points) * Nasdaq composite: 7,360.58, down 4.4% Investor sentiment is falling as the impact of the coronavirus pandemic is "maybe starting to hit home for people that had been hoping for better news," Liz Ann Sonders, chief investment strategist at Charles Schwab, told Markets Insider in an interview. The losses came after the Dow Jones industrial average posted its worst-ever quarterly performance on Tuesday, slipping more than 23%. Both the Dow and the S&P 500 also posted their worst monthly returns since the depth of the financial crisis in October 2008, falling 14% and 13% in March. 02/04/2020 7:08 AM masterus Last year, the central bank reduced the base rate use for lending to 3% from 3.25% in May. Imran Yassin expects BNM to slash another 25bps, bringing the OPR to 2.25% at the next MPC’s meeting. “It is very unlikely that the OPR will go to zero because we opine that BNM will need to maintain some buffer to give them room to manoeuvre should the economic conditions worsen,” he said. In a report, Hong Leong Investment Bank said BNM will likely reduce the policy rate by a total of 50bps this year to bring the rate down to 2% in 2020. 02/04/2020 4:12 PM leslieroycarter Bank profit will reduce by half given all the setbacks due to covid 19 03/04/2020 11:42 AM kinuxian A minor relief. Next, lets see how PN manuevour over covit19, unemployment spike, closure of businesses, etc prior next announcement on September 20. https://www.theedgemarkets.com/article/ftse-russell-keeps-malaysia-china-watch-bond-index-status US spike on UI claimed from 211K to 6.6mil in 3 weeks. Meanwhile, our gov still can't figure out how to keep SME afloat, hopefully they act soonest prior SME & business took their act to stop bleeding. Time is running out and if the floodgate started and triggering down, NPL will be a nightmare. https://www.commondreams.org/views/2020/04/02/portrait-disaster-initial-unemployment-claims-us-jump-211000-66-million-just-3 03/04/2020 12:01 PM  | APPS  I3 Messenger Individual or Group chat with anyone on I3investor  MQ Trader Perform Technical & Fundamental Analysis on Stocks  MQ Affiliate Earn rewards by referring your friends
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