High likely foreign selling is not over yet, looking at its volume.

even at this price, I do not believe EPF is making a loss if u take into account the number of times it issue bonus share from day 1 of its IPO.

US dread to think of the day when they could no longer fly their reconnaissance planes to spy on other countries. To them, this is their right. If other countries becomes strong, they must be contained.

The containment of PRC lead to the Korean n Vietnam wars. The containment policy formally ended with US defeat in Vietnam. Now they want to start it again.

I remember years ago I upgraded my streamyx 4Mbps to 8Mbps speed. Imagine what happened. After upgrading, my streamyx became slower. I complained to TM n I brought the router they supplied for checking n they said nothing wrong!

If I upgrade to unifi n the speed become slower, what am I going to do?

all countries do spying. US was caught spying on Germany. Obama called it "legitimate spying". Where on earth is this "legitimate spying" Spying is spying. Snowden revealed US spy on its own citizens also.

We can have other taxes but not CGT on share trading. I am sure there are other means.

those foreign bourse would be laughing their way to the bank.

You must have funds to hold the shares. If not better stay aside. Share prices does not obey trend lines. It does not obey fibonacci levels. Nor does it obey the Elliott Wave. The stock mart has its own mind. Anything is possible.

Genting casino n resort is still doing brisk business. The drop is probably due to foreign selling in anticipation of CGT on share trading profits.

Dr Neoh admitted that he missed the bull run of 1993 because he did not believe what was happening then.

Posted by Calvin882 > Oct 11, 2018 07:51 PM | Report Abuse

Yes, factory no fire. Just Malaysia on fire

On fire over CGT on share trading.

It is wise to contain your risk in any invesent,hard times are near the corner worldwide,be alert n move ahead of others with your funds.

Looking at what KYY wrote, CGT on share trading is around the corner. Be prepared for Bursa crash. The above advice is timely.

"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.