order amidst chaos.

https://www.tradingview.com/x/ykKiTvw9

The fact is every country is subsidizing their strategic industries. The Duck is saying PRC does n the US doesn't. A lie exposed by the Duck himself.

The Duck is saying PRC subsidize their state-owned companies n is not fair. Now, the Duck reveals US is subsidizing Boeing all along.

India has a lack of toilets but look at Nifty. Nifty performs better than KLSE.

Prior to the last GE, just look at the charts, we get a fake uptrend by Jibby - a double top n prices started correcting.

KLSE components are heavily weighted by plantations, banks n telcos.

Jibby hit the telcos with spectrum fees n from that time on, whenever the KLCI dropped, the telcos all have no support.

The answer lies elsewhere.

Posted by Ubah_ > Oct 14, 2019 2:57 PM | Report Abuse

1998 Maybank how much? 1999 GE govn got lost or change of govn like in GE14?

I remember Maybank went to a low as far as RM4.28 in 1998

4.30 is an important support level. Once broken, it has the potential to go below 4.00

Posted by durianthorns > Oct 6, 2019 11:25 PM | Report Abuse

there is a real threat happening now and progressing very fast in US. that is AI taking over a lot of jobs. there is no way mahati can solve this problem, and he will be forced to go down; whoever take over PM post would be very tough.

U are right. Even in US, all those half baked presidential election front runners except Andrew Yang, has no clue of what is happening to the common ppl. They blame immigrants, China, EU ... for job losses. The real cause is tech n automation.

From the technical perspective, KLCI looks set to retest its previous low of 1524

Why governments need GST? Because taxpayer's $$$ has been wasted n siphoned off, putting the country in huge debts.

Posted by EasyInKlse > Oct 2, 2019 3:29 PM | Report Abuse

Klse going to 1550...... Everyday down and down...

Agree. All technical signs point to that.

"colonised by China! " is just fertile imagination. It is the West's belief that in order for them to continue prospering, they need to colonise other countries. But, PRC does not hold to this western thought.
Dr M said the Portuguese came n within 2 years they conquered Malacca. Admiral Cheng Ho came but he did not conquer Malacca.

In world politics, there is no such thing as altruism. Africa owes the major part of their debt to western countries. Where have the money gone ? No infrastructure such us rails, bridges, clean water supply utilities ... built.
It is in the interest of the west to have Africa poor so that they face no competition n forever be the west's vassal states.

Yes, the Duck will delist all PRC firms in wall street. In order to the companies private, the shareholders needs a lot of financing. Where are they going to borrow ? from US banks again when decoupling is taking place ?
PRC will have to sell most of its holdings US treasury bills to do this.

This is a dangerous moment for stock market players.

Car number plates in US are made by prison slavery at the rate of US65 cents per hour. Abolition of slavery in US excludes prisoners in US.
Slavery is alive and well in US.

In its heyday, Forever 21 does not deliver to an address in Malaysia. We need a Singapore address if we want to shop online.

Land is scarce. Developers built expensive houses to sell to foreigners. When ppl complained to Hishamuddin, he said it was free enterprise n all the cock n bull stories. The government has executive powers to change things. This the BN government did not do. When houses, condos .. get more n more expensive, the then BN government tells everybody to rent if they cannot afford. All these all well documented.

Echos of Nixon's Watergate !

Chinese intellectual property theft is overstated, says Rebecca Fannin, journalist and author of the new book "Tech Titans of China"

Posted by VennesA > Sep 24, 2019 12:01 PM | Report Abuse

My coverage at home is so poor..I think this stock will go down soon

But stock price has nothing to do with this. Digi's coverage is damn poor also.
TM's fibre optic cable probably starts from its last mile while the main transmission cable is still copper. I asked my friends in the business district of the town n was given to know Unifi is slow even with 100Mbps. One of them went to TM n asked this question n the staff kept mum.

1/2 of Saudi Arabia oil output capacity wipe out by drone attack. How would this affect Glove makers?

10 years ago, I was in contact with some Taiwanese investors in M'sia and found that Taiwanese speak Mandarin and little English and no Cantonese.
Those protestors wants asylum in Taiwan but only speak Cantonese n little English. How to blend with the ppl there ? The protestors detest learning Mandarin.
The best place for these protestors is UK.

Then US delayed the tariffs to 15 more days. John Bolton (the suspect behind Hong Kong riot) was fired by Trump yesterday.

The the cow dung, Navarro is still there.

3. PCHEM share price have hit rock bottom so some value have emerge for investor to buy

They call it buying on a technical perspective and will sell when they achieve some profit. After all, technical analysis only offers a temporary time window for ppl to take advantage of. Th windows closes fast.

The Duck rule by fake news. Don't know whether he is humble enough to climb down. Andrew Yang spoke the truth.

Posted by RainT > Sep 12, 2019 10:03 AM | Report Abuse

but again why the share price have small rebound recently?

for me, i think is that

1. market sentiment improve, trade war reduce tension as China step back a bit and another round of talks in Oct

2. dow jones on high level again, so KLSE shares also follow
(this aplly that usually if dow jones up more, KLSE will up , if Dow drop many, KLSE will habis rock bottom)

3. PCHEM share price have hit rock bottom so some value have emerge for investor to buy

4. local fund support , if u see the KLSE index is below 1600 few days ago and PCHEM is among the company that contribute for KLSE index to be below 1600.
so as government must not let the KLSE down and down, the local fund such as EPF KWAP PNB need play role to support the index and they buy PCHEM

5. Foreign fund have finish selling or reduce selling on PCHEM shares

Agree.

The problem is there is no complete supply chain in any country. U have to buy some components in other countries.

Nothing changed. Duck delayed the tariff by 2 weeks.

Watch Democratic presidential candidate, Andrew Yang, on Utube. He offers a new model of US economy. He did not say US problem caused by China. He said automation in the US caused all the disparity n job losses n he offers voters a way out. He is a former tech entrepreneur.

Biden, Warren with the exception of Sanders offers the same old unworkable model.

Posted by Junichiro > Aug 16, 2019 10:12 AM | Report Abuse X

From a technical perspective, the strong pivot for Pchem lies at abt 6.85

The pivot is able to hold.

Germany, the most powerful economy in the EU, is on the verge of recession. Argentina in recession.
China's economy is slowing.

global recession ?? But Trump says US economy is having a good time.

The generation of Mao n Deng has long gone. Xi belongs to another generation. A lot of PRC's young ppl are educated in overseas universities n will bring further change n progress when their time comes.
PRC is no longer communist. It is a hybrid between socialism n capitalism.
If the west really wants a more open PRC, they should not shut their universities to these young ppl like Trump is doing. Trump is actually trying to contain China using trade war.

But they also want mainland business. When the mainland shut their border with HK and mandate that all goods bound for mainland must be unloaded in Shanghai or Shenzhen, it will be the end of their port. By then, we will probably heard comments like "white terror".

The writing is already on the wall since Aug.

"Earlier this month Indonesian Minister of Communication and Information Technology Rudiantara signalled his displeasure when he told the Indonesian media that his ministry would conduct a review of the proposed merger. His grouse stemmed from Telenor being Norwegian and part of Europe — while the European Union had passed laws in June to restrict and ban palm oil usage in biofuel by 2030."

The writing is already on the wall since Aug.

"Earlier this month Indonesian Minister of Communication and Information Technology Rudiantara signalled his displeasure when he told the Indonesian media that his ministry would conduct a review of the proposed merger. His grouse stemmed from Telenor being Norwegian and part of Europe — while the European Union had passed laws in June to restrict and ban palm oil usage in biofuel by 2030."

Take yr tongkat to work.

Germany, the strongest economy in EU, is also on the verge of a recession.

Posted by apple168 > Aug 30, 2019 1:42 PM | Report Abuse

Will trump sabotage his own country into recession? This is no brainer answer!

It depends on what angle u look at it. If it is really trade war, the possibility is less.
But, if this is a US policy to contain China, the answer is not a complete "no".
Bolton's view is to use this means to damage China once and for all, irrespective of the consequences. If a recession occurs, the top few percentage of the US population would not be affected. The 1% of ppl holds a huge chunk of US's wealth. Duck's view is the US economy is able to withstand it.

I expect nothing to come out of those talks. The gap is too wide.

Duck complained abt subsidies China gave to its state owned companies. The question is does US gave subsidies to aid its industries ? The answer is a clear "Yes". Boeing receives huge subsidies from the US government. So does Airbus.

With a position like this, there is probably no trade deal.

The question is how to u view the ongoing trade war ? I do not expect any resolution in the near term. Their gap is wide. How is this going to affect our investments. Unless u have deep pockets, it is hard to keep averaging down.

Posted by apple168 > Aug 30, 2019 10:26 AM | Report Abuse

Those who sell Genting shares below 6.00 now really brainless! Failed in maths!

Look at the bigger picture. The trade war will affect all markets irrespective of whether the stock is good or not. If the Duck were to invoke the law to force US companies out of China, US would fall into a recession as deep as that in 2009. Then QE 5 will come into the picture.

The latest results have not factor in its investment in that loss making casino.

That's it :
"No doubt its a good company, but most view the current price not the level they are comfortable with to get in or top up."

Bush gave citizenship to ex-communist soldiers of Poland to fight in Iraq. The duck now wants to take it back. A brillant idea.

"America system is broken" simply means that wealth is not equally shared among its citizens. The US n western powers benefited from globalization but the income of the ordinary citizens dropped. The question is where the benefits went to? It went to the few percentage of the richest. The yellow vest in France vent their anger at Macron while Trump created a narrative that only China benefited.

In the China, 88% of the population has been pulled out of poverty. Otherwise, the CCP would have been overthrown long ago.

But this does not have a connection with stock mart performance in US. The rich, the hedge funds .. have all the means to play the market up n down.

No Hong Kong housing crisis if ex-leader Tung Chee-hwa had stuck to goal of 85,000 flats a year.
“However under the pressure of public opinion, especially the opposition bloc in the Legislative Council, we couldn’t continue our push,”


The Pan-Democrats responsible for the housing crisis. They fear the value of their apartments will come down.

Why is petro-chemical industry a sunset industry ? It is like any industry being subject to supply and demand.

Just listen to what Ray Dalio, the hedge fund manager of Bridgewater Investment said when asked by the audience abt China's debt. He said China's debt are all internal n can be proactively managed. Ray Dalio has lived in China for over 10 years. It is a talk at a forum in US (avaliable in Utube)

why do freedom loving ppl block foreigners from boarding planes at the airport ? At least, these foreigners will spread the news of what happened to them when they finally reach their home.

Soros is unable to simple because RMB is not convertible.

Posted by enning22 > Aug 27, 2019 10:49 AM | Report Abuse

don't be silly , the outcome already out there, massive unemployment is happening now in China, that you won't know,business shut down everywhere, currency devalued , food price sky rocketing ,massive foreign deinvestment , all these are fact , not imagination,

The RMB is not convertible except for the amount marked for trade and investment. China is purposely devaluing it agst USD. It is foolhardy to try to prop up RMB in face of trade war as the Duck would like. With limited capital flight, it should be able to weather uncertain times.

Beijing has cast doubt on whether trade talks are set to resume, with its foreign ministry contradicting US President Donald Trump’s claim that China had sought a return to the negotiating table and state media saying the countries were in touch only at a “technical level”. (SCMP)

XI himself is a US graduate. They want to learn ideas of the West and adapt the good ones to the betterment of China. They do not follow the West blindly. China itself does not practise the original communism of Marx. It is a hybrid of capitalism n communism. The hybrid system that makes all its citizens well to do.