The good things is Tun himself is also a victim of fake news law. I expect him to review all oppressive laws.

Ho Kay Tat, Tong of M'siakini .. n many others, are the unsung heroes who expose 1MDB. They could have just dropped this hot potato n live a peaceful life. They choose to take the risk.

I expect KLSE to go up on Monday. The repeal of fake news n other oppressive laws etc ..... will bring new dawn for all Malaysians. PH will bring in experts to manage the economy. Jomo has stated the east coast ERL in danger of becoming another 1MDB. PH has indicated M'sia wants to participate in Silk Road initiative, only that they are more selected n doesn't want M'sia to be burdened by huge debts.
M'sia's national debt shot up during Najib's era. Politicians are talking as if only BN knows how to manage the economy.

Will so many experts willing to help, I think we should do well.

M'sia's national debt shot up during Najib's era.

swearing in at 9.30 tonight

As the former Minister of Health n one time Minister of Labour (a casualty in General Elections) departs the corridors of power, one group of workers are having a quiet smile on their faces. They are none other than the bank workers under NUBE and its leader, Mr Joseph Solomon.
As I recall, members of NUBE picketed during GE 13 against Dr Subramaniam in Segamat, Johor. I asked them n they told me Dr Subra refused to help them when wage negotiations with the bank entered a deadlock. Worst of all, Dr Subra took the lazy way n just refer the case to the industrial court, unlike the much beloved Dato Lim Ah lek.

I told one of my friends in the banking sector that Dr Subra is retiring from politics and wanted to go back to medicine. My friend answered "go back to medicine"? Just f*** off for good!

Stanley is under extreme pressure from BN gomen. He supported Pakatan from day 1. They used SC to hit him for that. I hope Dr M will take cognisance of it. I do not own any shares in Supermax.

It was reported that IRB requested name n Ic numbers of parents from international schools, For what? Your guess is as good as mine.

So who will vote BN? To date, the clowns are still groping in the dark.

To be fair, Stanley is under extreme pressure. I am sure Dr M can sense this.

what is tax exemption for voters 26 n below? If u finished Uni, u will be abt 24 yrs old. How much does a new graduate earn? $2600-00.
All bullshit!

Morning in Malaysia!

Of course,during Dr M's rule, there are scandals. I still remember this Abdullah Ang .... But no $$$ went into Dr M's personal accounts. Now this 1MDB is the mother of all scandals. Nobody here dare to say DOJ's enforcement of law to hit those abusing the US financial system is not right. They merely say abt foreign interference.

U help him n the morning after May 9th, he is nowhere to be seen n u will be left to fend for yourself.

to trap u so that u can vote 'wisely'. U help me I help u.

If u want to try short selling, u can do so in the futures mart but not KLSE. U may end up trapped as KLSE is not liquid enough. Funds like EPF have plenty of good stocks in their holdings to sell down. They do not have to borrow. They just sell all their way down n buy back when it reach new lows.

The reality is telcos here will see little growth. Little growth means stagnation. IBs can put higher n higher TP but how high can they go?
Maxis would lose Umobile wholesale rentals as the year progress on.

There was one piece of news in The Edge Financial web (a week ago) about a new expressway in China which charge yr electric car automatically when yr car runs on the expressway. No wires needed.

Singh has said "no naked short selling" allowed. Not like futures market where u can short sell anytime.

Thailand is smart. They are proposing to China to build a "Panama" canal that cuts thru the southern most tip of Thailand. Which means ship going to Korea, China, Russia, Japan need not pass thru the Straits of Malacca or S'pore. In the future, Thailand will prosper.

Mr Solomon, Secretary Gen of NUBE, calls for 2 days unrecorded leave for outstation workers to exercise their democratic rights.

Those industries with trade unions should demand 2 days unrecorded leave for outstation staff to vote.

For those overseas, it is no problem.

It is fear of losing.

why fix polling date on May 9th? so that those outstation would not return to their hometown to cast their votes???

"When Germany was emerging as an industrial power, the UK accuse it of copying its products .............Japan faced similar accusations from western countries, as did China from both the west and Japan."

The above paragraph in taken from the book "The other half of macroeconomics and the fate of globalization" by Richard C Koo (a Japanese citizen).

Are China made goods have inferior quality? Well, I learned that they made low to high quality products to cater for different class of consumers. Those who are poor buy the lower quality products and are happy with it. Those with lots of $$$ buys better to good quality products. But those 2 Ringgit shops here import low quality products and attempt to sell to us n we have the impression that China made products are low quality.

US economic strength is already well on the decline. The former US secretary of state went to Africa to tell Africans to be wary of China's investments.
But Africans are not stupid. US has done nothing for Africa. Africa should be better off participating in the Silk Road and prosper with China.
When India block Nepal's petrol imports, it is China which extended a life line to Nepal.

I was in China during the past week n learned that the famous brand "Coach" handbags are made in Kwangtung province.

If u recall, when the Soviet Union collapsed, all their employed scientist were employed by China. Now years later, China has become technologically advanced. China has already developed hypersonic missiles which the US has none.

Then they said China copied its F22. China's hypersonic missiles fired from the J20 could easily hit the F22 which top speed is abt Mach 2. Hypersonic missiles travel at the speed to more than mach 6.

"I do not believe HY high EPS so I played hit and run initially, when KYY joined in, I sailang with all my available cash because I know he definitely can move the market . he mention HY worth 18, but I sold every share well before 18, bringing home a beautiful return."

This is the best strategy in real life. Congratulations to you.

All telcos are overvalued shares facing stiff competition and little growth. Their prices all this while are propped up by institutional funds which have a large chunks of $$$ invested in them.

quote : then y would najib 1 to implement it now? he 1 stock to drop for his GE?

From my experience during Dr M era. When GE is announced, gomen is likely to engineer a selldown. This is to trap u. Then, u will hear rumours that if gomen wins, KLSE will go up again. So who u want to vote ?
From past experience, when gomen wins, shares staged a small relief rally n then move sideways.

However, we do not know if this time will be the same.

Hi connie, I have relabel the Dow chart to reflect wave characteristics. The previous chart I posted does not accord with wave characteristics.

https://invst.ly/6md91

Hi connie, I expect a triple zig zag. abc-x-abc-x-abc
It won't happen overnight

https://invst.ly/6l9n3

Hi connie

https://invst.ly/6l9l-

If KLSE can withstand short selling, there is no need to block CLOB years back.

"A fourth-wave bounce would be a sharp snapback starting in the coming hours, followed by a fifth-wave decline..."

Hi connie, in my opinion, since w4 is deep, wave 5 tend to lose strength.

Do not know if Bursa can withstand shortselling. Well, if it fails, gomen will do a u turn and suspend the stock exchange and many ikan bilis will be trapped.

https://ibb.co/npBKyx

I drank Milo every morning without adding any condensed milk since 10 years back. It is common knowledge that Milo does contain sugar.

Suddenly, it is as though it is a new discovery !!! Maybe, u qualify for a Nobel prize.

property is not the same as shares. Anyway, I hope S'poreans have short memories.

Yes, anything is possible in the stockmart.

Buying Maybank fr $2.50 to $3.00... ?

If Maybank could fall into this range, it will be a 1998 type of crisis. By then, who needs to divide by 4..? Every thing will be cheap.

I thought after the CLOB disaster in 1998, a lot of Singaporeans swore never to buy M'sian shares?

The centrepiece of IHH's strategy is Turkey. It was before the turmoil in Turkey n Lira. A few years down the road, what are the prospect of IHH business in Turkey? Recurring forex losses.
It is a tightly held by Khazanah n when it drops drastically, EPF is seen buying in like other GLCs.

The consequence of exit fr QE 2. PPl thought that when bond yields start their climb, the Dow will go up n up.
Now which is which? Interest rates goes up - Dow goes up or Interest rates goes up - Dow goes down.

"might" .....

The theme conjured up by those foreign funds then include: "Pacific century", "tiger economies" .. which resulted in the super bull of 1993.
Krugman was quoted saying SEA economies are built on quicksand. He was right.
While those foreign funds were busy buying, the Japanese were busy selling. The Japanese are smart.

Those were the days when we were labelled one of the 'tiger economies'. But those times are already long gone. Now the structure of KLSE is that the dominant force are the local institutions eg. EPF .... which are active daily with a small portion of retail players and foreign funds.
The KLCI managed to move up due to foreign buying. But the market breadth is negative! It is not like those days prior to 1997.

China is a man show. It can do things extremely fast unlike US which can keep debating the same things for years without any decision.

The breakneck speed to do away with petrol engines means that in the future oil price is likely to trend lower. By 2025, China will see all its car on the road using electricity. In Shenzhen, public transport buses now all run on battery.

Bursa does not need a crisis to sell down. It is the gomen funds that engineer a sell down n after hitting a low, they buy back n we, the ikan bilis, also chase after the shares on seeing it rebounding. Gomen funds e.g. EPF ... survives using this method since they are the dominant force in Bursa. Retail n foreign funds make up only a small percentage.

Obviously something wrong with this Dr. She should read Milton Friedman's book "Free To Choose". That is how the economy functions.

Travel by ocean liner instead.