CURRENTLY USA IS PRACTICING A VERY BAISED MONETARY POLICY. THEY USE TO PRINT NEW CURRENCIES WHENEVER THEY WANT TO RESOLVE THEIR OWN FINANCIAL CRISIS SUCH AS FINANCIAL CRISIS 2007-2009, COVID-19 PANDEMIC AND THE CURRENT INFLATION.
BECAUSE OF PRIDE, EGO AND THE HEGEMONIC CHARACTERISTICS OF THE US, USD MUST STAY STRONG. BUT UNTIL A TIME, USA GOES BANKRUPT HAVING NO MONEY TO PAY ALL THEIR CREDITORS WHO BOUGHT THEIR TREASURY BILLS, USA HAS TO LET GO. USD WAS NOT BACK BY GOLD SINCE 1971 AND THEY WANTED SAUDI OIL TO BACK THE USD SINCE. BUT RECENTLY, SAUDI ARABIA SEEMS MOVING AWAY FROM THE US CONTROL. THERE COMES A TIME FOR A CHANGE. AT PRESENT, ALL CURRENCIES IN THE WORLD ARE USING FIAT CURRENCIES WITH ONLY THE GOVT STRENGTH AS THEIR TRUST AND BACKINGS. BUT WHEN USA INFLUENCES GO DOWNWARDS, USD WILL LOSE ITS STRENGTH IN DUE COURSE. THOSE COUNTRIES THAT USE GOLD RESERVE AS THEIR CURRENCIES BACKING WILL PERFORM BETTER IN THE FUTURE. FIAT CURRENCIES WILL SLOWLY GO DOWN THE DRAINS AS USELESS CURRENCIES UNLESS THEIR OWN COUNTRIES POSSESS STRONG GOLD RESERVES IN THEIR TREASURY.
I OPINE BN WILL WIN BACK MOST OF THE SEATS LOST TO PN AND PAS DUE TO MIS-UNDERSTANDING THAT UMNO WAS GOING ALL OUT ALONE. MALAYSIANS DID NOT KNOW THAT BN IS BACKING PH AFTER GE15. COME NEXT GE, BN WITH COOPERATION WITH PH WILL WIN BIG IF THE PERPADUAN GOVERNMENT WORKS WELL IN THIS COMIMG 5 YEARS.
I DO NOT THINK LGE IS GOOD FOR THE FM POST. HE MADE THE BIGGEST AND COSTLIEST MISTAKE BEFORE BY REMOVING THE GST WHICH GST IS CONSIDERED THE BEST AND MOST EFFICIENT TAXING SYSTEM IN THE WHOLE WIDE WORLD. YET, AS A FINANCE MINISTER, HE COULD NOT SEE THAT. IF GST IS NO GOOD, WHY THE WHOLE WORLD IS USING IT. THAT INCLUDE CHINA, INDIA AND SINGAPORE. UK HAS BEING USING VAT OR GST FOR 6 DECADES ALREADY.
Seeing LKL going up these few days give me much encouragement that Fintec will also go up one day. If got surplus money, buy up Fintec at 1 sen which is available. Half sen really impossible to get unless once in a while people throw some away at random. Dapat half sen pun kira nasib baik.
YES, FINTEC SHAREHOLDERS ARE HAVING THIS PROBLEM OF BUYING AT 1 SEN. BUYING AT 1 SEN IS NOT A PROBLEM BUT WHEN WE SEE PEOPLE SELLING THEM AT HALF SEN, THAT IS THE HEADACHE. VIRTUALLY, WE LOSE 50% PAPER LOSSES IF WE BUY AT 1 SEN. I PARKED TO BUY AT HALF A SEN FOR SO MANY MONTHS, I GOT NOTHING BUT I CONTINUE TO QUEUE DAILY. I SET MY QUEUE DATE TO ORDER USING GTD 30 DAYS AHEAD EVERY TIME. YET I GOT NOTHING EVEN THOUGH I SEE SOME PEOPLE ARE SELLING. BUYING AT 1 SEN, ONE PREPARED TO LOSE 50% MAXIMUM. BUT THIS IS ONLY TEMPORARY. I FORESEE THE MARKET WILL IMPROVE LATER IN 2023 WHEN THE PANDEMIC AND RECESSION ARE OVER. FOCUS DYNAMIC PROJECT FOR THE THE ARCH IS THEN COMPLETED AND RUNNING. CURRENTLY, MALAYSIA AND THE WORLD ARE IN A MESS, FACING THE DEPRESSION, UKRAINE WAR AND THE PANDEMIC. IF THERE IS A WORLD WAR 3 COMING, IT IS BETTER. THINGS MAY RECOVER FASTER. USA AND CHINA IS NOW BOTH FIGHTING FOR SUPREMACY WHICH USA CANNOT AFFORD TO LOSE. IF USA LOSES, THEIR USD WILL GO DOWN FREE FALL FOR SURE BECAUSE USA GOT NO GOLD BACKING. NOW, THEY ONLY GOT NOTHING TO BACK BUT ONLY BS MILITARY POWER. USA HOLDING 31 TRILLIONS USD DEBTS TO DATE. THEIR ECONOMY IS NOW AT STAKE. THEY VIEW RUSSIA AND CHINA AS THEIR GREATEST THREAT. SO OBVIOUS. USA GOVT IS STRUGGLING TO HOLD ON TO THEIR CURRENT POSITION. PRESIDENT XI IS NOW PREPARING FOR WAR AS WE CAN SEE HE HAS CHANGED ALL HIS OLD CAPITALIST MINDED COMRADES FOR NEW. LET IT BE QUICK AND FAST IF WAR HAPPENS.
Just befriend Elon Musk you people. He can help you all to buy up Fintec shares 100%. kacang putih for him. He can spend USD44 Billions to buy Twitter, he can in fact buy up the whole of Malaysia. What a waste, Elon Musk do not know Malaysia.
DSAI DID NOTHING FOR PORT DICKSON AND KAJANG AFTER GETTING ELECTED BY FORCED BY-ELECTIONS CREATED BY HIM. WHAT A WASTE OF TIME, MONEY AND ENERGY FOR THE COUNTRY? BECAUSE HE DID NOTHING FOR BOTH THE CONSTITUENCIES, HE NOW GOING TO TAMBUN AFRAID TO FACE ALL HIS OLD VOTERS WHO VOTED FOR HIM. TO DSAI, PEOPLE ARE SO EASY TO CHEAT AND CONVINCE. THAT'S HIS BLESSINGS HE RECEIVED. SOME PEOPLE ARE SIMPLY BORN LUCKY IN THIS WORLD.
VERY TRUE. LOOKING AT THE KLCI INDEX ALONE, YOU KNOW HOW MUCH HARM THE PAKATAN HARAPAN DID TO OUR STOCK MARKET. FROM 1,800 IN 2018 DOWN TO NOW 1,450 AND OUR GST ABOLISHED ALSO MAKE MALAYSIA MORE ROOMS FOR THE RICH AND THE STEALING THIEVES TO HAVE MORE LOOPHOLES TO ESCAPE TAXES BY REVERTING BACK TO SST. ROUGHLY MORE THAN RM30 BILLIONS LOST ANNUALLY REVERTING BACK TO SST.
EXACTLY. WHAT HAPPENED TO LGE CORRUPTION CHARGES? NEVER MENTION THAT OR JUST PURPOSELY FORGOTTEN. I PRAY THAT THE MANAGING DIRECTOR THAT COMMITTED SUICIDE IN PENANG FOR LGE WILL RISE UP FROM HIS GRAVE TO GIVE EVIDENCES TO THE CURRENT ON GOING TUNNEL CORRUPTION TRIAL.
Notice that those who sold Fintec at RM0.005 are suicidal. They have to let go of their holdings at last. How sad? According to many economists believe, the world recession is going to end in the 2Q 2023. Share prices will spike around Q2 2023 or Q3 2023. American will keep increasing their interest rates until they are satisfied, their money will flow out in the end after a super strong gain in Q4 2022. Better buy Fintec now and hold, rather than sell. Unless really cannot stand the recession. Nothing is permanent.
I see Top Glove trying to save itself from day 1 to day zzz, unable to maintain and control its own price. What kind of market Malaysia is having now. 3 years ago, Fintec tried to imitate Top Glove seeing TG enjoying increasing prices and supports during the initial covid19 period. Fintec took the opportunity they saw TG enjoying, quickly ventured into glove manufacturing. But before even starting their operation, Top Glove share prices started crumbling down non stop until now. So, how do we see the big big contrast in business changes over a short period of time. Nobody expected such eventuality. Top Glove is now in a thick mist with so much assets and biz dreams in place but without any market support. Hope its only temporary and nothing is permanent. So do Fintec Global Berhad who is now at the lowest of all market prices. God bless Top Glove and Fintec.My Prayers for their quick recovery.
Why put sell bid at half sen when there are over 600 millions shares waiting to buy every day? isn't it a Fool of himself if he didn't pull out his half sen sell bid before the clock touches the Morning and Afternoon starting trade. SIMPLE DO NOT UNDERSTAND WHY UNLESS THERE IS A BUY BID AT 1.0 SEN IN HUGE AMOUNT. AND HE WANTED TO GET HIS SELL BID DONE FIRST AT 1.0 SEN EVEN THOUGH HE PLACED HIS SELL BID AT HALF A SEN.
BLee. Queue everyday by placing buy call at 0.005 on GTD till month end. So far, none collected. Maybe have to wait for another panic selling, then only can get. Afterall half sen, it would not go south anymore.