So Monday the world index will jump high

But it's very likely the federal reserve will signal the interest cut tonight

Actually today whole world is waiting for federal reserve meeting to see next month got any interest cut? That's why not much volume

I'm just hoping the price can remain as it is now

Shpok, still in processing my application and pending to activate to increase my treading limit

Zero buy volume?? It got to be kidding

*Market News 23/08/2019*

The benchmark S&P 500 ended little changed on Thursday as a fall in U.S. jobless claims offset data showing a contraction in U.S. manufacturing activity while investors awaited *Federal Reserve Chair Jerome Powell's* speech on Friday for clues on the central bank's monetary policy (Reuters)

*Fed Chairman Jerome Powell* faces the tough challenge of presenting a unified voice on Fed policy from the most divided Fed in years, and that could create volatility if he doesn't assure markets the Fed will continue to cut interest rates. (CNBC)

*The Trump administration* is studying tax cuts to buttress long-term U.S. economic growth that could be rolled out during the 2020 election campaign but is not looking at action to counter any perceived economic weakness now, the White House economic adviser said on Thursday. (Reuters)

*Bank Negara Malaysia’s (BNM)* international reserves amounted US$103.1 billion (RM431.01 billion) as at August 15, 2019, 0.8% dip from US$103.9 billion recorded as at July 31, 2019. The central bank said in a statement that the reserves position is sufficient to finance 7.6 months of retained imports and is 1.1 time total short-term external debt (TheSun)

*Domestic bond yields* continue to face downward pressure from the prospect of a low global interest rate environment and consequent search for yield, according to RAM Ratings. The rating agency highlighted that over the past few months, a number of central banks have lowered their policy rates, which have tilted investors’ interest rate expectations downwards. (TheSun)

*Astro Malaysia Holdings Bhd* has suffered a data breach, exposing customers’ MyKad data. This marks the second time a data breach involving Astro subscribers' data has occurred in the past 14 months. (TheEdge)

*ARB Bhd* has signed a contract with a Cambodia agriculture products firm to provide an enterprise resource planning (ERP) system. *ARB, formerly known as Aturmaju Resources Bhd*, said the contract with Tatan Land Co Ltd is expected to contribute an estimated US$20 million (RM84 million) to the group’s topline per year. (TheEdge)

*Entitlements*
*Thursday, 22 Aug 2019*

6:46PM EFORCE Interim single tier dividend of 0.50 sen

6:32PM LBICAP Single Tier Interim Dividend of 5 sen

5:59PM KGB First Interim Tax-Exempt Dividend of 1 sen

5:59PM DELEUM First Interim single tier dividend of 1.40 sen

5:51PM PARAMON Single tier interim dividend of 2.0 sen

5:37PM SERBADK Second Interim Single Tier Dividend of 2.7 sen

5:37PM HEVEA Single-Tier First Interim Dividend of 1.0 sen

5:15PM MAGNUM Second Interim Single Tier Dividend Of 5 Sen

12:36PM HSL First Interim Single Tier Exempt Dividend 1.0 Sen

Today no show

Do you all guys observe that the recent volume is only around 20m range, from 16.5m yesterday , then today 21m, Tuesday 20m, Monday 31m, Friday 21m, (7.8.2019 to 14.8.2019) also around 20m range, only 15.8 is 46m

Again, whenever price is about to go up, EPF definitely will throw some shares, so Armada operator who pakat with EPF will make sure they collect the price is at 0.215-0.225 for now, so the price definitely won't up before quarter announcement

Whenever armada operator wants to buy up, then EPF throw, then sohai stupid shorties follow shorting, trap for shorties

Btw mikekim, EPF selling is actually meant for attracting more sohai stupid shorties to short only

Ya mikekim, let's buy together, hopefully tomorrow once my trading limit approve and increase, then will buy more, maybe 900k shares first tomorrow, then next Monday 8.1mil shares

If minus 6m shares on Tuesday they have thrown, so it will be around 14mil shares++ for them to throw and EPF will still hold 5% as substantial shareholder

EPF will reduce their shares to minimum 293.8mil shares, compared to now 314.2263mil shares

Tomorrow and especially next week before the quarter announcement, EPF will aggressively throw shares, price will still be the same around 0.215-0.225

I guess Tuesday EPF threw around 6m shares

My six sense really comes true:

InvestorKING I believe Monday and/or Tuesday EPF got throw some shares
22/08/2019 12:36 PM

You see, told you already, EPF got dispose shares on Monday, I believe Tuesday also got huge amount also by EPF, and yesterday maybe abit by EPF

Now Armada operator totally control the price and won't let it go up to 0.23/0.235, don't even say break it

QR next Friday

Leslie is armada Operator , only talk operator , shameless everyday wrong talker，fake comment， shameless talker

Mabel, I agreed with you, just follow Armada operator keep collecting at 0.215-0.225

Shpok is armada Operator , only talk operator , shameless everyday wrong talker，fake comment， shameless talker

Shpok is armada Operator , only talk operator , shameless everyday wrong talker，fake comment， shameless talker

So it means it won't be any rally before quarter announcement

I don't think the price will go beyond 0.23/0.235, because if Armada operator pushes up the price, then market will react and also will be buying, so that's why Armada operator and EPF pakat and keep collecting at 0.215-0.225 , especially at 0.22

I believe Monday and/or Tuesday EPF got throw some shares

Still got a lot of sohai shorties keep shorting

Armada operator still playing shorties and keep collecting stupid shorties shares at 0.22

Volume not reaching 30m and above for Armada, is still considered low

*Market News*

_Stocks in Asia were set for modest gains Thursday_ after minutes from the Federal Reserve’s latest meeting did little to alter expectations for more interest-rate cuts. U.S. equities advanced and Treasuries slipped. (Bloomberg)

*Wall Street’s main indexes rose on Wednesday* as upbeat earnings from retailers *pointed to strength in U.S. consumer demand*, and held gains after minutes from last month’s Federal Reserve meeting showed policymakers had debated a more aggressive interest rate cut. (Reuters)

*Bond market yield curve inverts*; the so-called yield curve inversion *is a recession signal*, and the bond market move *reflects the market’s concern that the Fed will not act aggressively to cut interest rates*. (CNBC)

Federal Reserve policymakers were deeply divided over whether to cut interest rates last month but were united in wanting to signal they were not on a preset path to more cuts, a message not likely to sit well with U.S. President Donald Trump. (Reuters)

Both the *share price and trading volume of MBM Resources Bhd leaped to a record high* of RM4 and 10.76 million shares respectively yesterday. The sharp rise in share price and trading volume *shows strong evidence of investors’ confidence* in the company’s prospects. (The Edge)

*AirAsia X (AAX) is likely to post a loss for the March to June period* as it is a seasonally weak quarter, made worse by a poor-yield environment and gloomy outlook, said analysts. (The Edge)

China’s biggest e-commerce company *Alibaba Group Holding Ltd has delayed its up to US$15bil listing in Hong Kong* amid growing political unrest in the Asian financial hub, sources told. (The Star)

*MSM Malaysia Holdings Bhd saw a net loss of RM67.33m for the second quarter* ended June 30, 2019 compared with a net profit of RM14.33m a year ago, *attributable to lower average selling price, higher refining cost and higher finance cost* incurred following the modification of certain terms in respect of the Islamic term loan. This marks its third consecutive quarter in the red. (The Sun)

*Inix Technologies Holdings Bhd proposes a private placement* exercise to raise up to RM1.95 million *to fund the potential foray into the ICT segmen*t, among others. The group told Bursa Malaysia that the private placement entails the issuance of up to 37.55 million new shares, representing not more than 10% of its enlarged number of issued shares. (The Sun)

*Entitlements: Wednesday, 21 Aug 2019*

5:49PM GDB First Interim Single-Tier Dividend of 1 sen

5:34PM SLIC First Single-Tier Interim Dividend of RM0.01

5:20PM AMWAY A second single tier interim dividend of 5.0 sen net

5:07PM AHEALTH Interim Single-Tier Dividend of 1.7 sen

1:01PM FREIGHT Second Interim Single Tier Dividend 2.50 Sen

Today should be very low volume

Djia up 240 points or 1%

Doesn't matter, as long as this crazy dog happy, I'm ok

Come on crazy dog, I really like and love your barking everyday time after my comments

The more truth I write, the more crazy dog barking, I feel very excited :)

Why sien, I feel enjoyed, because everyday got one crazy dog barking at me, I feel very happy even though I never even bother his barking, it's good that my comments everyday catch this crazy dog attack

Mikekim, in fact everyone also knows value worth for 0.30+, but Armada operator keeps collecting all those STUPID shorties shares only till now. But still got a lot of stupid shorties get conned

EPF pakat with Armada operator, throwing some shares at price of 0.22, then shorties followed, Armada operator keeps collecting cheap shares at 0.22 and some at 0.225, this is very familiar to previous 0.21 that time, so, it means now Armada operator keeps collecting at this price of 0.215-0.225, unlikely and impossible break 0.23/0.235

Also not far away from 5months lowest price of 0.18

Current price of 0.215-0.22 is actually not really far away from 3months lowest price of 0.20, worth to own more

Assuming you got 15mil share now, u can try to apply another 10mil shares again

Shpok, u refinance your bungalow house to take loan and buy, actually u now also can pledge your current shares as collecteral to own more

I believe shpok has done the same as me

Mikekim,superpanda,leslie n Mabel, you also pledge your existung shares as collecteral to bank la and get marginal facilities up to minimum 3months to 1year

Wait me to buy another final 9mil shares please....

I believe that cold eyes sifu also using the same strategy by pledging his existing shares that he is having then buy this counter and rather wait for 1 year

I'm just hoping the price will remain the same around this range, till next Monday or Tuesday only, hope don't go up first, as I'm getting the marginal facilities,by pledging existing existing shares as collecterals, something like overdraft, but I can loan it for 1 year again also, as after T2, just need to pay interest only ,pay 5.1% interest per annum

But actually that's a trap for shorties

And shorties relying on EPF throwing their shares in order for them to continue shorting