Posted by laychee > May 25, 2019 2:29 PM | Report Abuse

China to give up communist ideology or not. Or pretend to give up to revive Huawei?

The important point is China today no longer exports communism. Its citizens today have lots of freedom including freedom to go abroad except political freedom. See Kishore Mahbubani 's view on China in UTube.
If China abruptly gives up communism , it would end up like USSR. As the country grow rich, it is able to discard communism.

Posted by patient_invest > May 26, 2019 8:40 AM | Report Abuse

Gen Berhad seems to be a Poor investment, compared to Gen Malaysia.

GenM is pulling down Gen Bhd's performance. If Eliza Warren is elected president, probably it can recover its investment in Red Indian Reservation. Its dipute with Fox will take a long time to settle. With amendments to reinvestment allowance granted to them previously, there is a risk its earnings will be further hit, even though it has filed fro judicial review.

The west controls the media prior to the internet era n all these news were not reported. I always thought that the west stands on high moral grounds. Not anymore.

Britain sent its warship into the South China Sea to preach about international law but engage in land grab. Do you really think Falklands belong to Britain ? The law of the sea was drafted by western nations to legitimize their land grab.

Prior to the CCP coming into power in China, maps published in Britain shows most of the islands in the South China Sea as China's territory. After CCP came into power, maps published by Britain shown otherwise.

UK suffers major UN defeat over Chagos Islands decolonization

The United Nations General Assembly has voted overwhelmingly to condemn the UK's continued occupation of the Chagos Islands -- a humiliating defeat for London on its continued colonial legacy.
The Indian Ocean islands, which are home to US military base Diego Garcia, were separated from the former British territory of Mauritius during decolonization in 1968. On Wednesday, UN member states voted 116-6 for a non-binding resolution endorsing a decision by the International Court of Justice (ICJ) that separation was illegal and calling for the UK to return the islands to Mauritius within six months.
Only Australia, Hungary, Israel, the Maldives and the US voted in support of the UK.

Beware, Lotte kept breaking all its support levels, indicating a strong downtrend.

Posted by Huatexpert > May 17, 2019 3:47 PM | Report Abuse

Second round trade war negotiation will be even tougher than first round...
Trump seem like quite firm on what he want without consider what china feeling.
China move back ward due to excessive demand fr Trump....

Fr SCMP today
Doubt cast on US Treasury Secretary Steven Mnuchin’s claim that he would return to Beijing to resume negotiations.

Likely, Trump will veto the bill.

"Up to now China never admit theft of IP, and Donald Duck never prove US IP was stolen."


What IP theft ?? Like the former chairman of Morgan Stanley Asia, said " which sophisticated US multinationals are dumb enough to turn over core proprietary technologies to their Chinese partners ?" JV obviously entail a sharing of people, business strategies, operating platforms and product designs.

It is like ppl said Japanese workers give free overtime work. In reality, it is in exchange of lifetime employment. In China's case, it is in return for the successful penetration of the China market.

Posted by Undi_PAS > May 16, 2019 2:29 AM | Report Abuse

If concern stock market will you feel happy if banks issue buy call and after you buy the shares drop and lose money?

Learn Elliott Waves n u will know why. Do not depend on others. Everybody have different motives.

Posted by spider68 > May 16, 2019 3:10 PM | Report Abuse

Must be very desperate for money to sell at IPO price @ RM 1.10. Other company's major shareholders would have provided support instead of cashing out.

Those who got a big slice sold off because the share price did not perform. They sold n got back their capital while the stabilizing manager is still around. Everything is a gamble. When I attended a workshop on futures trading, the pro advise us to sell first ask later if the promising technical signals did not perform. Same with shares.

Posted by Beary Xi > May 15, 2019 10:46 PM | Report Abuse

Dude! China will build Kra Canal for Thailand soon! You think China still need ECRL by then!

Kra Canal will have huge implications for M'sia n S'pore. Thailand will prosper.

This is typical of all IPOs. The owner wants to sell their company at the best possible price.

Posted by qqq3 > May 14, 2019 10:35 PM | Report Abuse

Indices, stock market analysts and news channel follows Trump's every tweet.......geo political analysts knows what is happening long long ago........


yes, I bet you Trump makes tons of money manipulating the market.......

I am seeing this now. Trump probably knows that won't be a trade deal. Because what he wants is equivalent to the unequal treaties China signed during the Opium Wars. He says he will meet Xi. But I guess nothing will come out of it beyond the rhetoric " we will continue to negotiate".
We are probably heading for a hard landing in the coming months.

That will be a big problem for investors. Everybody buys in anticipation of a successful trade deal. And suddenly, this joker says there is no trade deal n in reality, a ruse to damage China.

There will be big stock mart crash !

He use his tweets like, "trade deal expected in 3 weeks" for the sole purpose of reversing the US stockmart slide. He himself knows that there will be no trade deal in the end.

May 14, 2019
Speaking several hours later at a dinner gathering at the White House, Trump said it should be clear in "three or four weeks" if a U.S. trade delegation's trip to Beijing two weeks ago was successful.

"I have a feeling it's going to be very successful," Trump said.

Beware. Trump may well be saying China will bow down to all his demands, which is unrealistic. He may be trying to reverse the downturn of the Dow by these transient remarks.

Maxis not likely to merge with TM. If that happens, Maxis will become a GLC.
Maxis will merge with Astro.

It depends on supply n demand on the opening day.

Jibby was inside the gomen then. Then, why he kept his dead silence ?

Kishore Mahbubani said China is no longer a communist country. CCP should be taken to mean "Chinese Civilisation Party". It is capitalist. It make use of communism to hold the country together so that it won't experience what the USSR sent thru.

The merged Digi-Axiata is likely to be the next IHH with huge forex risk.

Even big guys want to make money. They know how to sell down n buy cheap.

WASHINGTON/BEIJING (May 10): US President Donald Trump's tariff increase to 25% on US$200 billion worth of Chinese goods took effect on Friday, and Beijing said it would strike back, ratcheting up tensions as the two sides pursue last-ditch talks to try salvaging a trade deal.

China's Commerce Ministry said it "deeply regrets" the US decision, adding that it would take necessary countermeasures, without elaborating.

They cannnot even understand that KLSE is for companies to raise funds not for politicians to gamble.

So there will be 2 telco IPOs in the pipeline. 1. Digi-Axiata IPO 2. UMobile IPO

Correction

TM NOT involved in the merger because it owns the last mile. Telenor will own over 50% of the merged co.

TM involved in the merger because it owns the last mile. Telenor will own over 50% of the merged co.

According to the Edge, there will be an IPO of the merged entity. Prior to IPO, the two companies were be delisted.

Posted by yippy > May 6, 2019 1:48 PM | Report Abuse

Telia sold Nepal company，not Telenor。Telia is not Telenor. Do your home work first.

Yes, U are right. Sorri for the confusion.
I standby my statement that Digi has little or no social corporate responsibility.
It happened years back when they started upgrading their entire network.
I called the person in charge to complain that I am not able to receive calls n sms for almost ONE month. But the moment, I go to the shoplots not far from my house, everything was fine.
Their person in charge started to ask me abt the model n year of my mobile. I cut him short n told him I have bought a new SIm card from U Mobile n it is working fine. Finally he admitted that the upgrading in my area is not complete.
BUT their bill kept coming. I am expected to pay their full bill notwithstanding that the problem is theirs.

So much for a European company which boast of social corporate responsibility. All shit.

Telenor pulling out of SEA markets, I think. They sold their Nepal telcom company to Axiata but refused to pay the tax leaving Axiata to eat the dead fish.

Digi opting out of M'sia ??

The golden days of telcos are already long gone. With huge debt, litte or no growth, stiff competition ... which investor will want it ? If the funds push them, they will be left holding the baby with no follow thru support.

Pattern probably ends at abt 3.52

https://www.tradingview.com/x/7tFW14jq

Trump will pull the world into a recession by his ending of waiver of oil sanctions. Opec n Russia has learned their lessons. They will not increase output to lower the price of oil.

lowest 3.78

It may well be a pump n dump. I bought at $4.74 n have already taken profit. U will only be subject to stress if u hold long term.

"Oil price going back on down trend, even after the opec decreases production even after Trump pressuring on Venezuela n iran..... we can almost sure oil price will not exceedingly usd80 in recent yrs already!"

I agree. According to China's state-backed Science and Technology Daily, Chinese scientists plan to build and launch small power stations into the stratosphere between 2021 and 2025, upgrading to a megawatt-level station in 2030 and a gigawatt-level facility high above the earth before 2050.

Probably oil price will remain low in the future. Like Zaki Yamani said "the stone age ended not for the want of stones n the oil age will end long before the world runs out of oil".

I don't believe these analyst. They act as though they have insider info.

First, the glove sector uses the most gas n they are paying for the gas way above international price of gas. Gas price is going to come down locally. It means their cost would also go down in the coming months.

Second, the exchange rate advantage that is happening.

The KLCI has probably peaked. No markets go up n up forever without a meaningful correction.
PH came into the picture amidst this correction.

If the previous administration is that good, where are our Tencent ? Alibaba ? Jibby's greatest achievement is raising spectrum fees which saw the value of the entire telco sector dropped. Telcos now will have resort to huge borrowings to finance 5G.

In the past, the gomen funds manage to stabilize the market by shoring up the telcos. Now this advantage is long gone n this explain why the market is so volatile.

Read theEdge Weekly abt Yinson n perpetual securities. If perpetual securities are classified as debt n not equity, Yinson's gearing is 223%.
The same "perpetual securities" brought down Hyflux.

Gas price is poised to go down. The price of gas factories are paying now is way above the international price.
When price of gas goes down, the first beneficiary is the glove sector.

Cham loh....Genting HK made huge losses

Genting HK is privately held by the Lim family. It is not under Genting or GenM.

BN is of course skillful. Funds were transferred to tax havens n then back to M'sia in the name of investment. So, it became foreign funds.
Instead of just investing directly to shore up the economy, it choose the tax haven way. We now know what happened.

U can run mighty budget deficits to create a bull run but, do we have the means? In the end, the huge debt will bring misery to us. Keynes proposed to run deficits during recessions n surplus during boom. But we kept running deficits during boom times.

Our shares are not cheap compared to other SEA markets. Our economy depended on crude oil for the past decades. Now, the heyday of oil is probably over. It is in the news that PRC will launch its solar station between 2021 to 2025. Solar energy beamed back to Earth will lit millions of rural homes without burning fossil fuels. Demand for crude oil will probably fall.
Palm oil used to be our golden crop until EU decided to ban our palm oil. Corporate results for most our listed companies contracted during the recent quarter.
What is the catalyst that will drive our market up n up ??

From the chart, the low of .50 cts to high 1.74 squares with a Fibo time window. In my opinion, Dayang has peaked no matter what ppl think abt it.

"Nothing destroyed the wealth of the nation as fast as a Kleptocratic government and I am Nothing destroyed the wealth of the nation as fast as a Kleptocratic government and I am glad that we manage to get rid of one in GE14. ."

People does not know what it is like when a nation goes bankrupt. My friend, a businessman, went to Greece n told me what he saw.
Almost 10 years have passed since sub-prime crisis.
Buildings that were burnt down have not been rebuilt. A big shopping complex with a beautiful glass facade is empty. Trees have grown inside the complex. GST is 40%. When the waiter puts food on yr table, U have to place the receipt beside yr meal n 15 minutes later tax inspectors would inspect every receipt to ensure GST is paid. The only sector that keeps the country going is tourism. Most of the males have left home to neighbouring countries like Germany to work. The women are left behind.

That businessman told me that he was "glad that we manage to get rid of one in GE14."

'Asian Tiger" theme was when China was still sleeping. That era is already long gone.

Buying sin stock is not sin. Stealing another person's wife is sin.