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2020-03-19 21:27 | Report Abuse
If gomen set up a fund to mop up the shares of KLCI, then the market can stabilize.
2020-03-19 21:25 | Report Abuse
Posted by PVTHSD92 > Mar 19, 2020 8:54 PM | Report Abuse
Base on current situations. Plse wait for Virus fully recovered first then only buy. Once virus is recovered. Share price will be still low. Why have to be so " KAN CHONG" and so " KIA SU".
It makes a lot of sense. Technical analysis is not reliable now. It is just panic selling since that idiot started making statements for Bursa to shut down.
2020-03-19 15:58 | Report Abuse
Stockbrokers association denies calling for Bursa suspension
2020-03-19 15:17 | Report Abuse
This is not in line with Movement Control. Essentially, all galleries in stockbroking firms are already closed. Those trading are doing it at home online.
If they close it for 2 weeks, expect a free fall when it reopens when herds of investors will head for the exit.
All financial services are under Essential Services.
2020-03-19 15:05 | Report Abuse
This ASCM should not have opened his mouth. Now everybody is heading for the exit.
2020-03-19 14:17 | Report Abuse
A better way is for the gomen to set up fund to buy KLCI component stocks.
2020-03-19 14:16 | Report Abuse
When it reopens, we will see a free fall.
2020-03-19 14:13 | Report Abuse
It happened in Hong Kong stock exchange when it suspended trading for week in 1998. When it reopens, everybody run for the exit.
2020-03-19 14:12 | Report Abuse
Gomen should set up fund to buy klCI component shares. If Bursa is suspended, a free fall would occur when the stock exchange reopens.
2020-03-19 14:08 | Report Abuse
I think huge selling afterwards.
2020-03-17 20:15 | Report Abuse
I wonder what are those so-called "technocrats" in the government doing? Incompetence, I think.
2020-03-17 14:43 | Report Abuse
Russia's move is political. Free pumping of oil would probably last fro at least 1 year.
2020-03-16 23:15 | Report Abuse
Posted by qqq33333333 > Mar 16, 2020 10:38 PM | Report Abuse
malaysia is not Nanjing...........
how did Nanjing go to zero infection?
Enlightening !
2020-03-16 23:12 | Report Abuse
I do not think they will close the stockmarket for 2 weeks. If they do, it will be disaster.
2020-03-16 14:47 | Report Abuse
FED is pressured by Dotart but it is not able to save the Dow from free fall. Dotart could not intervene to stabilize the market as Americans say that would be socialism. Well, let the free fall continues as Fed has no more bullets left.
2020-03-16 14:40 | Report Abuse
That's is why rate cut is not everything. Fed has lost all its bullets by doing so being pressured by Dotart. What now? Dow set to fly ? I think the worst is yet to come.
2020-03-16 14:37 | Report Abuse
https://invst.ly/q4m4s
Unless, gomen stabilize the market n it is likely to sink deeper. But, the gomen is sleeping.
2020-03-16 09:46 | Report Abuse
Other gomens are stabilizing their market. Here, everyone in the gomen is sleeping.
2020-03-16 09:44 | Report Abuse
Dow plunged cos Fed has no bullets left.
2020-03-16 09:39 | Report Abuse
Dow futures plunged bcos Fed has no bullets left. If the central bank cut more rates, the market will also plunge. Rate cuts not magic bullet.
2020-03-16 09:31 | Report Abuse
Dow futures plunged as Fed has no bullets left.
2020-03-16 09:27 | Report Abuse
It means Fed has no bullets left.
2020-03-13 15:06 | Report Abuse
Zhao last week told reporters at a briefing that “no conclusion has been reached yet on the origin of the virus”, and that there were “ulterior motives” in labelling it as having originated in China. He cited remarks by Zhong Nanshan, the prominent Chinese respiratory expert who has become an authoritative voice on the outbreak, that the coronavirus may not have originated in China.
2020-03-13 14:53 | Report Abuse
Maybank is likely heading towards $7.30
2020-03-13 14:41 | Report Abuse
If this is not so, why Americans in Hawaii who have never been to Wuhan also got Covid 19 ? The US have carriers inside their community. Any closure of their borders does not work.
2020-03-13 14:36 | Report Abuse
Zero interest rates is not a magic bullet as Dotart would believe. Dotart thinks that if Fed lower interest rates to zero, the virus would go away.
WE are now at the beginning of 2008. At every crisis, an opportunity arises.
2020-03-13 14:33 | Report Abuse
Medical insurance is expensive. With GST looming on the horizon, most would prefer to go to gomen hospitals.
2020-03-12 15:53 | Report Abuse
We already do not have any defence a long time ago. Who push our national levels to record high ? The gomen of the day have all the so-called technocrats giving advice. It turn out that all are half-baked. Maybe, they should have employed you, Sir, for half their pay.
Russia is confident of the oil war because it has little debt.
2020-03-12 15:48 | Report Abuse
Give him a break! He is buying everything cheap.
2020-03-12 15:46 | Report Abuse
Bursa is obviously having a good time. When ppl panic sell, it creates volume for Bursa.
2020-03-12 12:11 | Report Abuse
Panic selling creates volume. This what Bursa needs.
Quoted fr HLIB: Although the Black Swans Witnessed This Year (US-Iran Tensions, Covid-19, Domestic Political Shifts and Oil Crisis) May be Blood for Equities in General, This Has Benefitted Bursa Via Heightened Trading Activity. Both Equities ADV and Derivatives ADC Have Shown Robust Numbers YTD, Increasing Vs 4Q19 and SPLY. In Addition, Higher Retail Participation (YTD: C.27.4% Vs FY19: 25%) Should Help Lift Bursa’s Blended Rate on Equities Trading.
2020-03-12 09:45 | Report Abuse
All big companies already have CRM systems running. e.g. Genting have it .... Small companies do not need it. CRM is nothing new.
2020-03-12 09:39 | Report Abuse
Trump will phone SA to tell them to stop all these nonsense. After all, SA needs US protection.
2020-03-12 09:31 | Report Abuse
of course, gomen is whining abt loss of revenue due to plunge in oil prices. But, in good times large sums of $$$ has been siphoned off via 1MDB.
Our national debt is already at its limit. It won't take a rocket scientist to tell us that too much debt is bad.
Russia is able to withstand oil price in its $30 plus range because it does not have much debt.
WEll, lets hope the God, Trump, will phone SA n ask them what the hell they are doing. Does SA still need US protection ? Ask them to stop all this nonsense.
2020-03-12 09:24 | Report Abuse
Airasia's business is mainly China. Covid in China appears to have peaked n would taper off in the coming months.
2020-03-12 09:17 | Report Abuse
Now they are glamouring for GST. The machinations of selfish politicians have caused KLSE to pluge n created a 'wealth loss'. Now they are asking ppl to pay more for their necessities in these hard times.
2020-03-12 09:08 | Report Abuse
The problem is they do not believe. Trump thinks that lower interest rates or zero rates would kill off the virus.
2020-03-11 09:25 | Report Abuse
His first job is to stabilize the stock mart by setting up another Valuecap to buy up undervalued shares. This would restore the 'wealth effect' lost thru' machinations of those politicians who put him there.
2020-03-10 09:47 | Report Abuse
Russia has small debt. US sanctioned Nordstream n Rosneft. Russia knows that maintaining a high price of oil when being sanctioned by US from selling its oils brings no benefit. So, better to have a free for all price.
But SA has lots of debt.
2020-03-09 11:40 | Report Abuse
Chart update: pattern in final phase
https://www.tradingview.com/x/90bFWV21
2020-03-09 09:46 | Report Abuse
Oil prices drop to USD30. What does this tell us ? The worst is yet to come for M'sia.
2020-03-09 09:13 | Report Abuse
Aramco drops below IPO price as Russia strikes at US shale oil producers.
2020-03-09 09:09 | Report Abuse
Russia take on US shale oil producers. US sanction Russia's Nordstream 2, sanction Russia's Rosneft in Venezula. Russia strikes back n make oil price collapse to bring shale oil producers to bankruptcy.
2020-03-06 16:03 | Report Abuse
order amidst chaos.
https://www.tradingview.com/x/qw7laQIP
2020-03-06 14:59 | Report Abuse
Interest rates getting lower n lower means ""tightness in the liquidity of the financial system." ? ???
It means excess liquidity. When interest rates drop to zero, lending is free.
Stock: [TAKAFUL]: SYARIKAT TAKAFUL MALAYSIA KELUARGA BERHAD
2020-03-19 21:52 | Report Abuse
They will charge u an insurance premium u cannot afford to pay.