"About a week ago, at the open forum, ....... and he might consider profit gain tax on share investment of listed companies."

Looking at what KYY wrote, be prepare for a Bursa crash. I am staying away for the time being. If u have lots of holdings of shares in Bursa, only God can help you.

To date, the government has no given any indication that there won't be CGT on share trading in view of the 2nd day of tumble. Everyone is playing safe n assume that the will be such tax coming.
If it does come, Bursa will lose its dynamism. The market will be as good as dead. Volume will decline greatly. So CGT is self defeating as there is not much gains to tax.

Tomorrow be probably won't be good.

Why is it that IRB single out KYY for capital gains tax on share trading then. ? Don't act like a saint now. It is too late.

Trade war won't affect them ???? Seas of red everywhere.

From what Globin is saying, gomen may partially fund this painful transition for TM. TM would not die after all. But gone are its heyday valuations.

TM has been sleeping for the past 20 years. Now the disruption comes and TM is totally unprepared. Some big companies now no longer use TM fixed lines as calls overseas n local are free using internet.

As I posted earlier, it is Government policy that stands in the way of TM. The fact that it owns most of the fibre lines in M'sia does not matter. A GLC is to implement government policy. All valuations that ppl churn out is subject to this consideration.

Posted by Valuespec > Oct 10, 2018 04:51 PM | Report Abuse

PH goverment should not punish Rakyat because of Najib & Rosmah..short-sighted

PH is not punishing us but trying to fill up the massive hole in the ground so that the rakyat won't fall into the hole.

When Dr M handed the reins of government to his successor, we did not owe such amount of debt. U can imagine the huge mismanagement of our economy after Dr M.
Now we are paying the price n Jibby is acting like a saint.

Tony Pua : "Should we instead question why MMC Gamuda had initially agreed to, but subsequently refused to share costing data with the independent consulting engineer to justify its cost, claiming “trade secrets”?

I think this reveals a lot.

When banks retrenched their staff, there is no public outcry over the loss of jobs n it seems only ex-bankers are qualified to join the ranks of the unemployed.

New taxes coming up. All this because of 1MDB shit.

Be careful. Somebody wrote in The Sun to say that after upgrading from streamyx to Unifi, the speeed just get worse and worse. Don't know what is happening at TM.
They no longer sent paper bills to customers. Fine. Now a lot of uncles n aunties in my area who do not use internet, have their fixed lines cut off because they did not pay their bills. No bill, no payment. just cut their line. I suggest to them to use mobile phone instead of fixed line.

He is talking big. Wanting to take out Russian missiles. Napolean tried to invade Russia but failed. The Germans tried to conquer Russia but failed. Luckily, Putin is cool. Putin said if there is no more Russia, there will also be no more USA.

Suddenly, most are concerned with the predicted SPR release by US prior to sanctions on Iran.

Jerry Tze Ming But for refineries they have inventories which will increase its value when the price goes up and the selling price usually goes up too.
03/10/2018 09:45

When it shoot up, most are aligned with this view.

3iii Oil price has rebounded from its low.
This also means refiners are paying higher prices for the oil feeds.
High price of oil is negative for the refineries.

When it is in a down channel now, most are aligned with this view.

Both are correct.

with Iranian oil sanctions due to start in November, there has been speculation about an SPR release to keep oil prices down.

Today in The Edge - More reasons to shy away from telecom sector. (page 3)

Hi Calvin, it is well known that Thailand intends to build waterway in southern Thailand with China's expertise and financing. Once built and in operation, ships will bypass Singapore.
What is your opinion ?

The real problem with this counter is liquidity. Even with some good news, its price barely move. There are no investor interest to chase up the price.
I think this is common with shares with little liquidity. One example is Petron. It is a very long term investment for ppl with deep pockets. Petron looks better than Hengyuan but if u want to speculate n make money, Hengyuan offers more opportunities.

short term speculation. Compared with Petron, Hengyuan is far more liquid.

Trump is the 'tuan' of the world. He is going after India n Brazil now. His Interior Secretary suggest naval blockage of Russia to stop its oil exports. Who knows. Trump may well be the person who start World War III.

Yes, these few HK youngsters are living in a dream. Hong Kong was leased to Britain after the opium wars. When the lease expires, the land belongs to the original land owners. The Basic Law is to run for only 50 years to facilitate the period of transition for the Hongkees. 20 over years have already passed. No country can reverse the situation.

Nobody cheat us. We bought big time when the market is overvalued.

If u want markets to go up, beg Trump. He is king of the world. He is the cause of all yr losses. He threaten so many countries with tariffs. Now he is going after India which he call "king of tariff". It is a matter of time, our turn will come. How can markets go up ???

Jibby knows. He wanted to make US great again.

"revoke genting gambling license ?"

Don't bother abt this empty talk. Just look at the news "EU to ban palm oil". How strong is our economy ?

Doing casino business also not easy now. Japan n S. Korea is opening casinos to earn forex. Macau is the top competitor.

Jack Ma expects trade war to last 2 decades. If Trump can 'win' the trade war, he will probably lose the 'inflation' war. Both sides would be hit. Some China firms will fold up. New ones would rise up to new opportunities. China would rebalance its economy from export model to consumption model. Trade war is probably a nudge for China to modify its economic model. A new "Yuan" bloc consisting of China, Russia ... would probably gather momentum. Internet would split into two, one run by US and one by China.

So, all is not lost.

Where got 'holy" ? "Holy" is an abused word. How politicians can be holy? The holy person is you.

Trump is the most powerful man in the world.

US said China is copying. But, this is no big deal. The Germans copied. The Japanese copied. If copying is that easy, we would have seen India's local made fighter planes grabbing the limelight. After 30 years, India have not succeeded. To date, we can only see China's J20 in the air.

"nevertheless Make in China 2025 will succeed as planned."

I am of the same view. China needs this nudge to wake her up.

dormant companies, not bankruptcy.

Jack Ma expects trade war to last 20 years since it is likely to be a US policy of containment of China.

Trump ramp up pressure to seek a quick deal in his favour. Unfortunately, China will drag the trade war on. China will suffer some short term pain but as time drags on, the US will suffer from high inflation at a time when it is exiting QE3.
In time to come, China, Russia, Africa etc will probably form the Yuan block n do away with USD when trading among themselves.

All in all, I think we should see a world recession in 2020.

Unfortunately, we live in a world with forex risk which is capable of wiping out all the gains. When the Turkish Lira will go up again is everybody's guess. Erdogan is the President,he appointed himself chairman of Turkey's sovereign wealth fund, his son-in-law is finance minister... He is having a roast "Turkey" at his dinner table.

Due to U.S. casino glitch, still can head north ?

Why should they fear CCP. CCP is only within China itself. CCP which still bears the word "communist" is in fact capitalist. Ppl in China have lots of freedom except political freedom.

In the words of Kishore Mahbubani," To address this psychological block, Americans — and all Westerners — should think of China’s government as led by the Chinese Civilization Party, not the Chinese Communist Party, because its goal is to revive Chinese civilization, not to export communism."

The US is under severe psychology strains. In their mind, only white man have the capability to innovate, to invent .... Asians should not have this capability. Thus, they feel threatened.

What is wrong with copying anyway? The Germans did it. The Japanese did it. Everybody is building on the invention of others. If you build a plane with no wings, then you are not copying.

The Japanese build excellent cars because they are not afraid to copy and further improve and refine the product.

"then each one of them say their scripture is true word of god.then they fight ,they kill each other."

That is the problem facing humanity now. When I was very young, someone told me that if I believe in his religious leanings, all my sins will be forgiven. Now, even killers believe their sin will be forgiven if they kill other non-believers of his faith.

As the years fly by, I believe that on death, "we stand before our own judgement, no one else. We are the only ones who will be facing our own karma.

" In fact Jesus created man. " ???

Ha Ha, even the Christian Brothers in my school decades ago told us God created man. It is new to me.

U have to beg mercy from Trump. He holds all the trump cards. He is the boss.

Albert Einstein once said: "if there is any religion that would cope with modern scientific needs it would be Buddhism".

The Buddha walked the Earth before Christ. His awakened insight enabled him to realize that the Earth bears the same shape as that of an Amala Fruit.

TM looks set to retest its previous lows. The target $2.89

https://invst.ly/8jduw

These two items are clear:-
Who is the owner of TM ? -the PH government
What is the purpose of a GLC - to implement the policies of the goverment for the benefit of society. A GLC need not make maximum profits so long as it is not a loss.

All other considerations must be subordinated to these 2 items. Then the outlook is obvious.

IHH's central piece of growth strategy is Turkey. With Turkey's economy now in shambles, so is IHH's strategy.

If he is impeached, trade war would end. If Nixon can be impeached, why not Trump ?

From the Elliott wave perspective, Lay Hong has completed its 5 wave moves n the correction is to correct these 5 waves, hence the steep fall. We are now probably at wave iii n this has not even achieved 50% of the previous 5 waves.
Markets do not fall straight down. This is not how the market behaves.You are probably betting for a small retracement in a down channel. I would say it is risky for a short term player.

https://invst.ly/8f1r0

"You think TM Bosses so stupid sharing line with Maxis."

The boss of TM is the government. If those TM directors have run out of ideas, they should look for employment elsewhere.

The problem is the share is not liquid with low volumes. Most who bought at 4xxx are those funds which sold on its first day of listing.

In the short term, its EPS would be reduced due to cut in prices. In the long term, it has now another source of growth since there are so many unserved or under-served areas which TM would not venture.