"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.

He is not happy with Fed for raising interest rates. But rising interest rates is a consequence of QE. Otherwise, a hyperinflation will take place if Fed does not continue to exit QE. By then, US will face the same inflation problem as Volker faced in the 1980s. He still thinks it is good old days in US. There he is, showing his "ketuanan orang putih" mentality by not playing by the rules set by US themselves.

By opening up the last mile, those under-served and unserved areas by TM will eventually get fast broadband.
Maxis latest offer is compelling. I paid $150 for a 8 Mbps speed. Now Maxis offer 100 Mbps speed for $129.

How will TM survive? The best route is to merge with Axiata so it can offer both mobile n fixed broadband.

I am charged $150 for streamyx which I am using for years. But the web site shows streamyx at $160 ????

This question remains unanswered : What is the purpose of a GLC ? TO maximize profits like a private company ? The reality finally dawns.

Even before GE14, EPF has already started selling. They probably knew something we do not know. It now transpired that MCMC has requested TM to cut broadband prices as early as Jan 2018.

I bought TM at 5 xx but I sold it off n just managed to make $30 per lot when I happen to discover some anomalies.

IHH borrowed USD loans from EU but its revenue from Turkey is in Lira.

There is not much the EU could do. Which EU country can afford to throw $$$$ from the helicoptor? Mobius said the possibility of capital controls in Turkey is real.
Erdogan offended Russia, EU n China. Maybe IMF is his friend now.

"GLC says implementation of the MSAP will hurt its earnings due to lower broadband prices"

What is the purpose of a GLC ????

Mobius warns of ‘real possibility’ of capital controls in Turkey

So much milk to suck. Sure looks like 1 month baby.

Why must EU support Turkey?? Turkey is not part of EU. Maybe IMF will support Turkey.

Whenever I see this type of reports in newspapers, I just turn the page away as it is all sendiwara. When BN was in power, they have all the means and chance to bring him back. But they acted as though nothing had happened.

The Turkish venture is the centre piece of IHH's growth strategy. This venture is bleeding eversince the Turkish Lira dropped against USD. It means whatever profit it made were totaly wiped our by forex losses.

"The lira is now down more than 40% against the dollar since the start of the year, making it far harder for Turkish companies to pay back loans they have taken out in the US currency."

The $$$ inside the trust account is for refund of input tax n it belongs to the various businesses. It is not meant for the gomen to spend it for development projects. By the way the ex-minister is saying, it means that the gomen has no intention to refund the $$$ to businesses.

Joseph Stiglitz said "macroeconomics always prevails". The US has one problem - inadequate savings. China does not have this problem.

There are so many unserved or underserved areas in which TM is not interested. So Singh says give other companies a chance to do so.

"Yes...all correct,in addition, for some streamyx user cannot upgrade to unifi and cannot enjoy free upgrade speed and somemore no reduce price, this is the biggest problem."

My sis-in-law lives in Tmn Johor Jaya but her housing estate has no Unifi. TM is fast asleep. Only Green Globin can wake them up!

Kandsamy's job was to tell the voters everything is fine in 1MDB.

That is how TM's monopoly will end.

Mr Koon has already said that he is not obliged to tell anyone when he is selling, notwithstanding that he recommended the stock.

It remainds me of one of my co-workers who asked us to buy this stock or that stock. The stock he recommended went up but he sold quietly. Suddenly, we heard him telling all share-kaki in our office that the stock is no good. It became a mystery to us then until one wise staff told us he had probably sold the stock to take profit.

I still have that book. It is abt fundamentals of investment. Anyway, Dr Neoh in an interview with The Edge, more than a decade ago, admitted that he missed the bull run of 1993.

In the near future, Thailand will build a new "Panama" waterway in Songkla with China's silk route initiative. What will happen then, I leave to yr imagination. Be afraid.

Do note that warrants issued by RHB Inv B with strike price of $5.10 is expiring this month, the last trading day of this warrant is 23 Jul.
Likely RHB Inv B is selling to stop it from advancing further.

Gobin said :"I have also asked TM to consider extending new and improved price packages to all sectors of society as opposed to just the targeted groups," he said.
Read more at https://www.thestar.com.my/news/nation/2018/07/13/gobind-urges-telcos-to-provide-cheaper-broadband/#ROzxA05f398WymAM.99

Better talk abt 1MDB

"Just a matter of lip service after all. Package 60 GB...only 2 weeks, finished !. Speed 30 MB, snail speed olready."

Yes, it is lip service.

No reduction in prices for other Unifi n streamyx packages? Lets see what globin singh has to say abt this.

Putin is a smart man n he will slowly play out Trump. Putin wants Russia to be as powerful as US if not the most powerful. As for Europe, they should form their own European Force n rely less on NATO. Trump is not talking abt leadership n morals but $$$$$

"READ A FENG SHUI CHART THAT MARKET WILL BOTTOM AT END JULY (AFTER A STEEP FALL) AND RISE CONTINOUSLY UNTIL NOVEMBER................."

The fung shui chart u read refers to Hong Kong stockmart or KLSE. It isn't the same.

US changed the goal post when they lost. The last time, they were talking about free trade n any nation that oppose free trade was deemed a pariah. Now that they find their dominance diminishing, they talk different things.

The technology they said China stole is actually from joint ventures with Chinese companies using a common platform to make money. All those ventures are handsomely rewarded with huge profits. WTO rules allow this. Now the US said WTO is unfair to them.

Talking abt military technology, some like stealth technology was freely given by US when one of its F117 stealth aircraft was shot down over Serbia using 60s Russian technology. Now US said China stole the stealth technology.

"The problem is when you want to buy in bull and sell in bear."

Hi Jon, I got the answer. It is enlightening reading yr postings!

Hi Jon, I notice that u have Petron in yr portfolio. What puzzle me is why do u invest big time in a company with little liquidity? Most of the time, the seller is at the mercy at the buyer.

When I was very young, I bought shares in a company which has little trading. When I wanted to sell, I found a big gap between the buyer price n seller price. My senior advised me not to trade in illiquid shares. That was my first lesson.

Hi Jon, enlightening reading yr post. Talking abt diversification, from my experience, it would do nothing to protect yr portfolio in a big downturn. In anticipation of a downturn, I just sold all my shares rather than sitting on paper losses.
I did it in 1997 on the start of Asian crisis and continues to do so. Nobody knew it would be that bad. After the Thai Bath was attacked, I sold all my shares considering KLSE is already toppish.
Then , on 2nd Sept 1998, I went into the market buying 50000 shares of only one company. I did not diversify. Some 3 months later, I made a big gain which was far more than I lost when I sold out at the start of the crisis.

In the Edgeweekly: "why TM's minimum RM700m dividend promise has run its course".

so much for the "stealing" claim

Under WTO rules, they are free to seek technology transfer from their foreign partners on a commercial and voluntary basis.

" a long long ago" should read as "not long ago"

China requires foreigners to joint venture with local company. Stanley Morgan said in doing so, the joint venture company will use a common platform to cut cost. This is how technology was transferred. not outright stealing as implied. This is stated in a long long ago article in The Edge Weekly. At the end of the venture, Stanley Morgan did make a huge sum of money.

Even Dr M talked abt technologyn transfer. Who would transfer their core technology to u?

"with the old fella is back.."

We need this old man. It is jibby who raise spectrum fees and put telcos on slippery slope. Why is BN gomen so hard up for $$$. Now it is clear that 1MDB have put M'sia in financial strain. Jibby is living on borrowed time. Even if BN is in power, crash will come.

All the wasteful gomen spending by Jibby such as TRX is just to put M'sian temporarily on cloud 9. Now there is oversupply of office space.
By the time TRX is completed, we are likely to see a recession. Google to see the correlation between recession n skyscrapers.