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2023-07-13 09:57 | Report Abuse
Tmr friday mah people scared scared.
MM ah, 4.18 liow quickly buy dont miss the chance to accumulate more. Later may crack 4.20
2023-07-13 09:25 | Report Abuse
MM ah, price rallying up liow you bought already? Later shoot up higher.
Your English fail nevermind, stock trading better dont fail also.
2023-07-12 23:52 | Report Abuse
Posted by MoneyMakers > 6 minutes ago | Report Abuse
Anyway AngTK thx 4 todays laughs (most ridiculous this yr) - 100% proven empty tin milo
Tomorrow change topic / focus back GenT
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MM ah, did you listen to professional's advice and bought some today? Tomorrow better buy more, market very strong ah. No need to see and think so much just whack tomorrow. Have some courage to buy more and average down your cost price mah. Shuuure can make you more profit. Huat ah!
2023-07-12 23:46 | Report Abuse
Posted by MoneyMakers > 2 minutes ago | Report Abuse
AngTKlown Ofcos gold accepted as medium of exchange
Iran accept gold pymt for its oil / Venezuela pay 4 medicine using its oil reserve
Noobs (empty tin milo) wont understand - google cant teach u enough
Can only roll on floor laugh at ur ignorance kahkahkah - empty tin milo bang loudest
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MM ah, then can you tell everyone here how many % of global trade is done in gold, SDRs, IMF Reserve Position, other assets as medium of exchange VS currencies? Use google la if you dont know the answer.
We are all every curious why you think gold, SDRs, IMF Reserve Position and other assets can be easily used as medium of exchange to buy imported goods from overseas before even exchanging them into currencies. Hahaha....
2023-07-12 23:39 | Report Abuse
Posted by AngTayKor > 13 hours ago | Report Abuse
Inflation is about to show a big drop and investors should load up on stocks ahead of this week's CPI report
https://markets.businessinsider.com/news/stocks/stock-market-outlook-cpi-inflation-drop-sp500-rally-this-week-2023-7
Market anticipating a low CPI tonight hence already started to move up. Last month ATK exited position right after low CPI report when the market was still bullish. Luckily sold decisively on that day. The selldown after that was fast, then kena stuck liow.
-----------------
Anticipation correct so far.
MM ah, did you listen to professional's advice and bought some today? Tomorrow better buy more market very strong wor. Average down your cost price next time shuuure can make you more profit.
.
2023-07-12 23:29 | Report Abuse
Posted by MoneyMakers > 20 minutes ago | Report Abuse
Final hour to laugh at AngTKlown ‘empty tin milo’ stmt
Really nxt level braindead - almost spit out/spray my tea laugh this morning kahkahkah
“Does foreign countries trading exporters accept BNM's other assets like gold, SDRs, IMF Reserve Position, other assets as medium of exchange currency when Malaysia is importing goods from them? (Answer: NO)”
-------------------
Aiyo I think I know why MM seems so stoopid liow. I suspect her English fail also.
MM ah, do you understand what is meaning "medium of exchange currency" used in the above sentence? Wahahahahahaha........... MM's English fail la.......... no wonder she doesnt understand this statement and still want to argue. Wahahahahaha.... really old reetarded fool no wonder la.... so funny.... MM ah please attend some English lessons and use more google search la..... WAHAHAHahahahaaaaaaaa.......
2023-07-12 23:11 | Report Abuse
Posted by MoneyMakers > 8 minutes ago | Report Abuse
Final hour to laugh at AngTKlown ‘empty tin milo’ stmt
Really nxt level braindead - almost spit out/spray my tea laugh this morning kahkahkah
———
“Does foreign countries trading exporters accept BNM's other assets like gold, SDRs, IMF Reserve Position, other assets as medium of exchange currency when Malaysia is importing goods from them? (Answer: NO)”
----------------------
OMG MM can disagree with this statement. Professional already explain until mouth dry liow so still so stoopid. Freaking sh*t for brain. MM please get your brain checked. Really got this type of dumb shameless people clowning publicly. Lose money on stock market its ok dont lose your mind also.
2023-07-12 23:07 | Report Abuse
Posted by MoneyMakers > 6 hours ago | Report Abuse
AngTK U misunderstand Iran isnt outlier - now less country trade gold bcoz every country want keep their gold
Gold is ultimate asset of last resort (emergency)
===> Gold is primarily used as a store of value, not for payment.
===> How many % of global trade is using gold as settlement compared to currencies? MM's Iran oil is an outliner case. Gold still needs to be converted into currency first for trade settlement during desperate economic times. If BNM converts their gold reserve in currency reserve, BNM will be sending signal that they are financially very desperate.
Gold is reason why USD is ‘reserve currency’ (US has world’s biggest gold reserve) - not coincidence Top 3 superpower
(US/Rus/China) also Top 3 biggest gold reserve
===> Superpower in what? Economics or military? Holding plenty of gold bars can make a country a economic superpower? Is Russia an economic superpower? Check Russia's GDP first la.
===>Gold was the reason why usd became reserve currency under Bretton Woods Agreement. But this agreement was broken in 1971. It was the Petro Dollar System made in 1970s that made usd maintain its reserve dollar status, not gold. (MM's history fail also).
===> USA has not been adding to their gold reserves since exit of Bretton Woods System in 1970s. USA have huge economic advantage of having the reserve currency status.
===> China and Russia has been adding their gold reserves largely due to distrust in foreign fiat currency system and find gold as a good store of value that cannot be printed out from thin air. There is no counter-party risk by holding gold. The gold bars held in China and Russia's own gold vaults cannot be financially sanctioned. Ask Russia what happen to their forex reserves after invasion of Ukraine.
***********************
MM's facts are wrong and still dare to try to be smart in i3. Please la its ok to be less knowledgeable. But dont try to action here when you are already so stooopid.
Posted by Mikecyc > | Report Abuse
Haha Tin Kosong MonieM give lectures here ke …no more Shouting Rocket Limit Up ke as in Tsh .. don’t own deleted own posts loh …hahaha
ATK FULLY AGREES WITH MIKECYC THAT MM IS THE ONE AND ONLY TIN KOSONG HERE.
2023-07-12 22:50 | Report Abuse
Posted by MoneyMakers > 5 hours ago | Report Abuse
As expected AngTK only got empty talk (no info/fact) - like his ‘empty tin milo’ head kahkahkahkahkah
———
“Does foreign countries trading exporters accept BNM's other assets like gold, SDRs, IMF Reserve Position, other assets as medium of exchange currency when Malaysia is importing goods from them? (Answer: NO)”
----------------------
MM is the only stoopid fella think sellers will accept gold as payment. Need to be exchanged into a currency first la. Really a dumb fella. Wrong already still can laugh at herself. Confirm got mental issues liow.
2023-07-12 22:46 | Report Abuse
Posted by MoneyMakers > 13 minutes ago | Report Abuse
Whatever lo AngTKlown - totally phobia kikiki
Ur ignorance always amusing but today definitely funniest this yr - think gold/sdr no trading value kahkahkah
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Aiyo MM English comprehension fail. Of course gold as an asset to store value has got value. But gold has to be exchanged into a currency first before making any purchase. So simple you also duno meh? You try importing a container of products from china supplier then tell them you want to pay them in gold see they slap MM or not. Bring some gold to buy MM's second hand scooter see the shop slap you or not. Retired accounting clerk fail accounting + no business and financial sense
2023-07-12 22:14 | Report Abuse
Posted by MoneyMakers > 56 minutes ago | Report Abuse
AngTK Its good u phobia give opinion (can only empty talk)
Better silent instead of embarrass urself further kikiki
---------------
Past 10pm liow. MM both stoopid and lazy doesnt bother to find out the real answer for her wrong facts.
2023-07-12 22:12 | Report Abuse
ATK: Aiyo your accounting fail la MM and always putting words into my mouth again. The issue in discussion here has been currency reserve, not other national assets. No one is saying those other assets are not assets. For trade imports purposes, those other assets cannot be used yet. Already explain until my mouth dry liow MM still so stoopid and stubborn. BNM's books clearly stated currency reserve as usd99.2B but you want to argue its usd111b as currency reserve. You kok eye is it? Or you are claiming BNM doing wrong accounting?
MM: think gold/sdr no trading value kahkahkahkahkah
-----------------------
First of all, dont not put words into other people's mouth.
2023-07-12 20:43 | Report Abuse
The real facts are for deluded people like MM to find out. Really stoopid ridiculous "facts" she can give, then claim oyhers wrong.
Aiyo who scared who ah? ATK finish spa now having buddha jump wall for dinner with family. Aiya MM got no family no friend dont even have any online friends cannot even afford a date with vietnam gf. MM must be too poor eating sh*t for meals now brain full of sh*t n talking sh*t. Throw you a chicken bone. Here. Roll on the floor n laugh at your own stoopidity again. Before 10pm hand up your homework to me abt your wrong "facts" Professional busy now the abalones are yummy.
2023-07-12 18:24 | Report Abuse
Deluded MM ah your "facts" are wrong. Thanks for entertaining everyone with your stoopidity. Go n do more research first before you post nonsense.
2023-07-12 17:00 | Report Abuse
MM you bought today at closing? Price drop back from 4.18 to 4.13 good buy leh... Hahaha
2023-07-12 16:58 | Report Abuse
Aiyo MM you are below amateur level n talking rubbish abt gold n usd reserve currency la. Homework for noob MM to research why central banks are buying gold + why usd is the reserve currency. Tonight report back to i3. Hahaha.
2023-07-12 16:26 | Report Abuse
Posted by MoneyMakers > 18 minutes ago | Report Abuse
AngTK U misunderstand Iran isnt outlier - now less country trade gold bcoz every country want keep their gold
Gold is ultimate asset of last resort (emergency)
Gold is reason why USD is ‘reserve currency’ (US has world’s biggest gold reserve) - not coincidence Top 3 superpower (US/Rus/China) also Top 3 biggest gold reserve
Noobs (empty tin milo) like u dont understand power of gold
--------------------------
Aiya MM living in stone age time is it? Your deluded reasons are wrong. So dumb trying to act smart here. Go and google then come and report to professional la. MM ah you really Tin Kosong. Hahaha
2023-07-12 15:59 | Report Abuse
MM ah, GenB today got power leh. Buy some more to average down your cost la :P
2023-07-12 15:40 | Report Abuse
Posted by MoneyMakers > 45 minutes ago | Report Abuse
AngTK Iran accept direct ‘gold payment’ for its oil leh
Gold is very precious asset - thats why most country own gold as reserve (can directly trade or sell for usd)
Noobs (empty tin milo) like u wont understand importance of gold
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Aiya Iran accept gold for oil is one outliner example only la. All other import trades need currency reserves to settle. Countries own gold for many other reasons, not because they want to buy Iran oil or use it to settle import trades la. MM really a noob and dumb trying to act smart.
MM wrong already keep quiet dont be a fool here show everyone you are very stooopid Tin Kosong.
2023-07-12 15:27 | Report Abuse
Posted by MoneyMakers > 47 minutes ago | Report Abuse
AngTK This post proves ur 100% empty tin milo bang loudest kahkahkah
—————
“Does foreign countries trading exporters accept BNM's other assets like gold, SDRs, IMF Reserve Position, other assets as medium of exchange currency when Malaysia is importing goods from them? (Answer: NO)”
OMG MM can disagree with this statement. Freaking sh*t for brain. And she can laugh some more. Please get your brain checked. Really got this type of dumb shameless people clowning publicly. Lose money on stock market its ok dont lose your mind also.
2023-07-12 14:02 | Report Abuse
Posted by MoneyMakers > 1 hour ago | Report Abuse
AngTK Dont sourgrape alrdy nice profit during Mar bank panic (4.4-4.7)
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Aiya once every few years only. Monkey throw darts also will hit the dartboard sometimes la. ATK had over 10 rounds of trading profit trading this stock netting several 7 digit returns in MYR but honestly those trading profits are small small only la. ATK's other huge investment making multiple fold returns already that one really win big big money. ATK will sourgrape MM's meagre trading profit? More likely the other way round la hahaha....
2023-07-12 13:45 | Report Abuse
Posted by MoneyMakers > 51 minutes ago | Report Abuse
Very big laugh at AngTK - think gold/sdr no trading value..really roll on floor type laugh kahkahkah
----
“Does foreign countries trading exporters accept BNM's other assets like gold, SDRs, IMF Reserve Position, other assets as medium of exchange currency when Malaysia is importing goods from them? (Answer: NO)”
------------------------
Aiyo your accounting fail la MM and always putting words into my mouth again. The issue in discussion here has been currency reserve, not other national assets. No one is saying those other assets are not assets. For trade imports purposes, those other assets cannot be used yet. Already explain until my mouth dry liow MM still so stoopid and stubborn. BNM's books clearly stated currency reserve as usd99.2B but you want to argue its usd111b as currency reserve. You kok eye is it? Or you are claiming BNM doing wrong accounting?
Give dummy MM a simple anology here la. MM's wallet left rm5 but you want to buy nasi lemak. Not enough money so you give your casio watch to the hawker tell them market price is worth rm20. You see the hawker will slap MM or not? Really a dumb fellow.
2023-07-12 12:17 | Report Abuse
Posted by Mikecyc > 3 weeks ago | Report Abuse
Haha Tin Kosong MonieM give lectures here ke …no more Shouting Rocket Limit Up ke as in Tsh .. don’t own deleted own posts loh …hahaha
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MM the orignal Tin Kosong lose on factual matters already will start another new nonsense really eat full no sh*t to fart. Financially poor and old retiree can only be online warrior. Pathetic.
2023-07-12 11:17 | Report Abuse
Posted by MoneyMakers > 18 minutes ago | Report Abuse
AngTK Anyone can simply call someone ‘tin kosong’
But u 100% proven ‘empty tin milo bang loudest’ with this statement kahkahkahkahkah
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“Does foreign countries trading exporters accept BNM's other assets like gold, SDRs, IMF Reserve Position, other assets as medium of exchange currency when Malaysia is importing goods from them? (Answer: NO)”
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Aiya tin kosong MM you can try requesting trade exporters to accept your gold, SDRs, IMF Reserve Position as payment for imports la . Those are not classified as currency reserves yet la. Retired accounting clerk MM fail accounting. The discussion has been currency reserve all along.
2023-07-12 10:35 | Report Abuse
Posted by Mikecyc > 3 weeks ago | Report Abuse
Haha Tin Kosong MonieM give lectures here ke …no more Shouting Rocket Limit Up ke as in Tsh .. don’t own deleted own posts loh …hahaha
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Posted by MoneyMakers > 1 minute ago | Report Abuse
AngTK Ur ignorance truly laughable
Perfect example ‘empty tin milo bang loudest’ kikiki
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Aiya there is only one original and real tin kosong here la. This one not ATK ownself say one. Other people declared MM is Tin Kosong. Power!!! Hahaha.......
2023-07-12 10:18 | Report Abuse
Posted by MoneyMakers > 5 seconds ago | Report Abuse
AngTK Gold/SDR anytime can sell get usd leh - then use pay 4 imports lo aiyoyo
Soo silly/clueless kikiki
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“Does foreign countries trading exporters accept BNM's other assets like gold, SDRs, IMF Reserve Position, other assets as medium of exchange currency when Malaysia is importing goods from them? (Answer: NO)”
------------------------------
You are too stoopid to be educated. Dont waste my time.
2023-07-12 10:14 | Report Abuse
Posted by newbie2019 > 48 seconds ago | Report Abuse
are u loading Sifu ATK?
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I was only explaining how to think ahead of the crowd on my earlier post using my last closed GenB trade as an example. The market is smart, good traders move along with it.
2023-07-12 09:42 | Report Abuse
Inflation is about to show a big drop and investors should load up on stocks ahead of this week's CPI report
https://markets.businessinsider.com/news/stocks/stock-market-outlook-cpi-inflation-drop-sp500-rally-this-week-2023-7
-----------
Market anticipating a low CPI tonight hence already started to move up. Last month ATK exited position right after low CPI report when the market was still bullish. Luckily sold decisively on that day. The selldown after that was fast, then kena stuck liow.
,
2023-07-12 00:19 | Report Abuse
Posted by MoneyMakers > 49 minutes ago | Report Abuse
Here comes AngTK spin/BS again - proven wrong lose face fast2 change topic kikiki
Dont want repeat old topic - alrdy prove u wrong last time
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Posted by i3lurker > 1 week ago | Report Abuse
This feller always wants to win arguments
once you do this ... nobody tells you anything real in real life one
and you are forever just book theory ONLY
=> I just ignored him and he thought he won argument.
Always happens like this.
then he carries fake info around for years and years and thinks himself so grand encyclopedia.
while we are doing oil trading 24 hours.
Where got start 9/9:30 one? silly bugger
plus other things real life like trends ......... while he still remains book theory trends
we do REAL trends :)
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Posted by i3lurker > 1 week ago | Report Abuse
You are unable to realise that people dun think about you at all.
Its not all about you, thats why I always ignore your fake statements
=> Your mind cannot process info that nobody remembers you
In trauma thereof you claim people caught lying
bleh !!!
***************************
IN TRAUMA THEREOF, MM WILL ALSO CLAIM SHE HAS PROVED OTHERS WRONG.
Hahaha....
2023-07-11 23:48 | Report Abuse
Posted by AngTayKor > 1 day ago | Report Abuse
No wonder FF run road n forex shorties' fav target. Not much bullets left to defend MYR. If spend billions to defend currency, going to become like sri lanka no more reserve currency to do trade imports
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Posted by MoneyMakers > 1 minute ago | Report Abuse
AngTK Let me simplify 4 dummies/fangirl final time
U complain MY reserves ‘dangerous low’ under 100Bil - scared become Sri Lanka
===> MM making assumptions again. ATK is not complaining. Im a foreigner. BNM low in forex reserves not my problem. MM has been the one complaining FF run road.
If want see country healthy or not, should see ‘OVERALL international reserves’ correct mo - (Answer: correct)
===> Again you are making assumptions here. The exact words ATK used and posted were "reserve currency to do trade imports". Does foreign countries trading exporters accept BNM's other assets like gold, SDRs, IMF Reserve Position, other assets as medium of exchange currency when Malaysia is importing goods from them? (Answer: NO)
Whats MY ‘OVERALL international reserves’ - (Answer: 111Bil)
===> You are spinning into another asset category to justify yourself. Prior discussions has been strictly on currency reserves only. We are not counting BNM's other assets like gold, SDRs, IMF Reserve Position, other assets (Answer: BNM's currency reserve is indeed usd99.2B)
111Bil ‘OVERALL reserve’ above ur 100Bil limit right - (Answer: Yes)
===> You are making assumptions again. There was no limit whatsoever mentioned earlier. For a country like Malaysia, BNM having currency reserve at usd99.2B is very weak (Answer: No)
Is MY reserves ‘dangerous low’/become Sri Lanka - (Answer: No)
===> This is where you English comprehension fail again. The exact words used and posted were "If spend billions to defend currency, going to become like sri lanka no more reserve currency to do trade imports". See the word "if"? To successfully defend currency need a very huge war chest and the willingness to sacrifice multi-billions. It will be very foolish for BNM to commit a huge war chest to sacrifice and spend tens of billions to defend MYR. (Answer: MM's comprehension fail)
Is AngTklown a Klown - 100% YES kikiki
===> We all already know MM is the real clown here spinning BS everyday entertaining us here. Hahaha...
.
2023-07-11 23:11 | Report Abuse
Posted by AngTayKor > 1 week ago | Report Abuse
Posted by MoneyMakers > 5 minutes ago | Report Abuse
AngTK Dont be ridiculous shorts cannot fight BNM
BS long2 rm short blablabla - nxt day BNM announce intervention
Think BNM announce to prove ur BS kikiki
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ATK: Aiya you too amateur la if shorts cannot win why MYR end up so jialat and traders who have been shorting MYR profited handsomely? It is long been in BNM's mandate to keep MYR stable but you see MYR chart for yourself la. You ask George Soros whether shorting currencies can make money or not.... MM really an amateur BS everyday here hahaha...
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"Dont be ridiculous shorts cannot fight BNM" - MM
Aiyo you see for yourself how dumb MM really is. Very difficult to educate dumb amateur.
2023-07-11 23:05 | Report Abuse
Posted by MoneyMakers > 1 week ago | Report Abuse
AngTK I alrd give own data prove u wrong
Now BNM prove u wrong (no ‘short covering’ after announce intervention = no/minimal shorts)
Even ur own article never say ‘neg carry’ as main reason - just 1 of many
Proven wrong by many - but still can BS long2 aiyoyo
Ur perfect example of narcissistic egomaniac (mental illness
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Posted by AngTayKor > 5 days ago | Report Abuse
Monetary Policy Statement
Thursday, 6 July 2023
At its meeting today, Monetary Policy Committee (MPC) of Bank Negara Malaysia decided to maintain Overnight Policy Rate (OPR) at 3.00 percent.
No Action Talk Only. Just like MM, complain here so much but no action. No wonder MYR shorties not scared of toothless + clawless tiger BNM always so dovish. FF run road to stronger and better yield currencies not surprising.
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Deluded MM can claim she "proved" ATK wrong abt BNM when things have already unfolded and proved that MM was wrong. BNM's attempted hawkish words a week ago was trying to call a bluff for short covering which currency traders already can easily see through it hence no short coverings. Currency shorting whales are fully aware of BNM's extremely weak forex position and know very well BNM cannot afford to continue losing billions of precious forex reserves to defend MYR. The strongest ally currency shorts have on their side is MYR's negative carry VS reserve currency USD. And our deluded amateur MM is still insisting weak MYR is due to PH Madani hence FF run road and prefers PN as federal govt. MM ah, you are really a shameless silly old retiree spinning stories, BS and making false accusations everyday when you have been proven wrong.
2023-07-11 21:45 | Report Abuse
https://www.bnm.gov.my/-/bnm-statement-of-assets-liabilities-30-june-2023?inheritRedirect=true&redirect=%2F-%2Finternational-reserves-of-bank-negara-malaysia-as-at-30-june-2023
Retired accounting clerk MM go n see the last table which states "foreign currency reserves" at usd99.2b. We are talking abt currency reserves, excluding gold, SDRs, IMF reserve position, other assets. Deluded MM just want to argue over a different issue she spin out n start falsely accusing others wrong. Really a reeetard.
Old retiree MM always so lazy needs be spoon fed by professional trading strategies like cutloss, price action, arbitrage, ets. Always waiting to be spoon fed. How to trade well like that? No wonder only know how to use amateur evil bad karma tactics.
2023-07-11 21:03 | Report Abuse
Only 3.78% of this stock's transacted volume today are declared RSS shorts.
Short Selling Trade Detail By Stock For 11/07/2023
Stock Code Short Name Long Name RSS Value(RM) RSS Volume
3182 GENTING GENTING BHD 266,328 64,800
2023-07-11 19:15 | Report Abuse
Posted by ClaraChan94 > 14 minutes ago | Report Abuse
Shorties will cover back Genting shares one, don't worry
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ATK has been monitoring daily RSS declared shorts. There are very little volume of daily declared shorts for a long time. I think the selling more likely from FF selling KLCI which has been on going for months. Any small rebound, will kena another wave of selldown again. GenB biz is a politically sensitive sector (casino), hence maybe after election uncertainty is over then see how liow.
https://www.bursamalaysia.com/misc/missftp/securities/securities_equities_rss_2023-07-10.pdf?t=1689072084
2023-07-11 16:53 | Report Abuse
Posted by MoneyMakers > 2 minutes ago | Report Abuse
Here comes AngTK spin/BS again - proven wrong lose face fast2 change topic kikiki
Say many times just stay in ur kiddy pool - dont bother grownups
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Aiya MM spinning stories and putting words into my mouth because her English comprehension fail. Cannot take trading loss then dont punt at stock market la.
2023-07-11 16:07 | Report Abuse
Posted by AngTayKor > 18 hours ago | Report Abuse
No wonder FF run road n forex shorties' fav target. Not much bullets left to defend MYR. If spend billions to defend currency, going to become like sri lanka no more reserve currency to do trade imports
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Posted by MoneyMakers > 6 minutes ago | Report Abuse
AngTK U relate MY low reserves to Sri Lanka bankruptcy
Ofcos need see ‘OVERALL international reserve’ (111Bil) if want measure country health - correct hor
Always need explain 1by1 to children aiyoyo
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Aiyo MM your English comprehension fail la, worse than primary school children. Or your part-time job sell roti prata is it?
2023-07-11 15:49 | Report Abuse
Posted by MoneyMakers > 3 minutes ago | Report Abuse
AngTK Finally u read whole article (overall reserve 111Bil) - not just their ‘misleading title’ kikiki
-----------------
Finally MM read the whole article which also mentioned "reserves have dipped below US$100.0 billion". But obviously MM still doesnt understand the essence of that article: Malaysia has very low forex reserves.
2023-07-11 15:34 | Report Abuse
<<KUALA LUMPUR: Bank Negara Malaysia's foreign currency reserves have dipped below US$100.0 billion for the first time since November 2022, partially due to its intervention in the foreign exchange (forex) market.
The reserves dropped by US$1.1 billion or 1.1 per cent month-on-month (MoM) to US$99.2 billion as of June 30 this year, according to Kenanga Research.
This reflects Bank Negara's intervention in the forex market and loss from the quarterly foreign exchange revaluation, due to a 0.4 per cent rise in the US dollar index (DXY) on a quarterly basis, the firm said today.
As a result, Bank Negara's overall international reserves remained on a downtrend for the third straight month, declining by US$1.3 billion or 1.1 per cent MoM to a seven-month low of US$111.4 billion as of June 30.>>
---------------------------
Up to you to read and interpret la. "reserves have dipped below US$100.0 billion", "overall international reserves remained on a downtrend for the third straight month, declining by US$1.3 billion or 1.1 per cent MoM to a seven-month low of US$111.4 billion"
The essense of the entire article is: BNM's foreign reserves are very low. This MM always want to argue for the sake of arguing. Aiya evil bad karma punter lose money in stock market liow will behave like that one la.
2023-07-11 14:51 | Report Abuse
Taylor Swift Lyrics - "Karma"
You're talking sh*t for the hell of it
Addicted to betrayal, but you're relevant
You're terrified to look down
'Cause if you dare, you'll see the glare
Of everyone you burned just to get there
It's coming back around
And I keep my side of the street clean
You wouldn't know what I mean
'Cause karma is my boyfriend
Karma is a god
Karma is the breeze in my hair on the weekend
Karma's a relaxing thought
Aren't you envious that for you it's not?
Sweet like honey, karma is a cat
Purring in my lap 'cause it loves me
Flexing like a goddamn acrobat
Me and karma vibe like that
Spiderboy, king of thieves
Weave your little webs of opacity
My pennies made your crown
Trick me once, trick me twice
Don't you know that cash ain't the only price?
It's coming back around
And I keep my side of the street clean
You wouldn't know what I mean
'Cause karma is my boyfriend
Karma is a god
Karma is the breeze in my hair on the weekend
Karma's a relaxing thought
Aren't you envious that for you it's not?
Sweet like honey, karma is a cat
Purring in my lap 'cause it loves me
Flexing like a goddamn acrobat
Me and karma vibe like that
Ask me what I learned from all those years
Ask me what I earned from all those tears
Ask me why so many fade, but I'm still here
(I'm still here, I'm still here)
'Cause karma is the thunder
Rattling your ground
Karma's on your scent like a bounty hunter
Karma's gonna track you down
Step by step, from town to town
Sweet like justice, karma is a queen
Karma takes all my friends to the summit
Karma is the guy on the screen
Coming straight home to me
'Cause karma is my boyfriend (Karma is my boyfriend)
Karma is a god
Karma is the breeze in my hair on the weekend (Weekend)
Karma's a relaxing thought
Aren't you envious that for you it's not?
Sweet like honey, karma is a cat
Purring in my lap 'cause it loves me
Flexing like a goddamn acrobat
Me and karma vibe like that
Karma is my boyfriend
Karma is a god (Ah)
Uh-huh, mm
Karma's a relaxing thought
2023-07-11 14:50 | Report Abuse
Posted by MoneyMakers > | Report Abuse
Ding3 back to old 4.5 range - hopefully drop much2 lower
Here no local support (sin biz) - foreign dump GenT die
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MM ah you used to fear monger here so much, why you still bought genting leh? Was hoping to buy cheaper is it? You ah... very evil black heart la. Now cheap become cheaper and even cheaper your wish really come true liow. Casino is sin biz PAS coming wor...
Next time dont be so evil la now kena bad karma.
2023-07-11 14:41 | Report Abuse
Posted by 1invest1 > 21 hours ago | Report Abuse
https://www.nst.com.my/business/2023/07/929279/intervention-pushes-bank-negaras-foreign-currency-reserves-dip-below
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Posted by MoneyMakers > 57 minutes ago | Report Abuse
AngTK Free lesson today 4 dummy
1) Sri Lanka bankrupt not bcoz defend currency
2) “BNM's overall international reserves declined to 7month low of US$111.4 billion as of June 30” (not under 100Bil)
Silly fella kikiki
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Everything is already inside the article posted incl what you just "copied n pasted" here abt BNM. Dont try to act smart here la MM really comprehension fail. Really a silly old retiree.
2023-07-11 14:32 | Report Abuse
Posted by MoneyMakers > 53 minutes ago | Report Abuse
AngTK Free lesson today 4 dummy
1) Sri Lanka bankrupt not bcoz defend currency
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Please la everyone also know this. Your comprehension really fail. Hahaha
2023-07-11 13:33 | Report Abuse
CPI data tomorrow night 8.30pm. Last month professional took advantage of the post CPI next day morning rally and exited decisively. Heng, else now jialat.
2023-07-11 13:27 | Report Abuse
Posted by MoneyMakers > 7 minutes ago | Report Abuse
AngTKlown Ur too ‘young’ to challenge me in anything
Past week alone me/bank negara/US market/NFP prove u wrong 4 different topic
Usually ‘3strikes ur out’ - but ur Klown makeup soo thick still dare show face/trashtalk here kikiki
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Aiya job data abt 5% below expectation only.... ATK not a god my anticipations may be wrong also. You always correct? Your BNM, US market correct also? Dont slap your own face until swollen big big then tell others you have a prosperous fat face la. Hahaha....
2023-07-11 13:22 | Report Abuse
Posted by MoneyMakers > 1 minute ago | Report Abuse
Crazy AngTKlown lastnite even think MY gonna bankrupt like Sri Lanka kikiki
"If spend billions defend currency, going to become like sri lanka no more reserve currency to do trade imports”
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Aiyo this MM's comprehension really fail. See the word "if spend billions"???
100b left it is indeed a dangerous low level of forex reserves liow.
Stock: [GENTING]: GENTING BHD
2023-07-13 10:11 | Report Abuse
Posted by MoneyMakers > 3 seconds ago | Report Abuse
AngTKlown evolution:
rm4 bark ‘sell sell sell’ - rm4.10 bark ‘sell rebound’
Near rm4.2 panic - bark ‘buy buy buy’ kikiki
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Aiyo dont false accusation again la. Price didnt even hit 4.00.
Yesterday morning already kept telling MM to buy. If MM have bought, shuure make profit liow correct? MM ah, its not too late to buy now later may crack 4.20.