Junichiro

Junichiro | Joined since 2016-02-16

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News & Blogs

2020-04-24 16:50 | Report Abuse

There is one on Utube, recording a microphone leak where Trump officials claimed they "we have already been vaccinated".

Does Trump have the vaccine ?

News & Blogs

2020-04-24 16:27 | Report Abuse

But, the reality is by the time MCO ends, we would probably see a lot of shops closed for good in shopping malls. But the shopping malls itself owned by big companies would probably survive.

News & Blogs

2020-04-24 16:24 | Report Abuse

we always take research house reports with a pinch of salt. U can see lots of research house predicting interest rates to go down n down as though monetary policy is the cure for the downturn.

In Japan, interest hit zero but the recession lasted 11 years. Only fiscal policy can lift up the economy. Remember how the huge expenditure on armaments in face of the onslaught of the 2nd WW brought the Great Depression to an end ?

News & Blogs

2020-04-24 16:09 | Report Abuse

Ambank is offering FD rates as high as 3.5%.

Stock

2020-04-24 09:08 | Report Abuse

I think traditional insurance industry is more resilient. If u say travel insurance, ppl can just click. But not many ppl buy travel insurance. If u buy life insurance, medical insurance .., u need somebody to explain to you personally.

Stock

2020-04-24 09:04 | Report Abuse

Gilead drug fails in trial.

Stock

2020-04-23 09:20 | Report Abuse

The U.S. Energy Information Administration is suggesting there is notional space for just another 16 million barrels at the country’s storage hub for crude oil in Cushing, Okla., and that this could fill up by next week based on the average build trends seen this month.
3 hours ago (Apr 22, 2020 05:50PM ET)

Trump's tweet doesn't change the situation much. Russia will take the opportunity to pump n pump.

Stock

2020-04-22 20:15 | Report Abuse

Don't believe CNN. A lot of fake news there.

Stock

2020-04-22 17:11 | Report Abuse

You didn't buy when Bursa was below $5? Now, most of the ppl who want to sell have already sold. So, not many sellers left.

Stock

2020-04-22 16:15 | Report Abuse

my error, should read "USD60"

Stock

2020-04-22 16:14 | Report Abuse

The problem is the US wants a free ride insisting on other nations cutting. Texas said they will go on producing the oil. Saudi Arabia continue to give deep discount to keep their market share. China, the biggest oil consumer n with the biggest storage buys from Russia n Saudi Arabia.
The solution is "shared prosperity" not supremacy.
Mexico, which hedged their oil in the futures market, has locked on the price of USD600 n is reluctant to cut their production further.

General

2020-04-22 10:54 | Report Abuse

US can solve negative oil price by giving the oil free to China since it has the most storage capacity. Then US oil will have to chance to go above zero.

General

2020-04-22 10:51 | Report Abuse

Saliva coming out of their mouth. No one wants US oil. They ask you for help but they stab u from behind.

General

2020-04-22 10:46 | Report Abuse

US oil turns to China for help. China is now buying cheap oil from Russia n Saudi Arabia.

News & Blogs
Stock

2020-04-22 08:44 | Report Abuse

Posted by Jeffreyteck > Apr 22, 2020 7:17 AM | Report Abuse

US prints currency, strengthened its ex rate. If we follow to print, our ex rate will be? That is the beauty, same policy but different results.

The disadvantage is it caused a lot of US companies to close down or move abroad. Who would want to buy a US made spade for RM78.00 when I can buy one at RM11.00 ?

Stock

2020-04-21 20:15 | Report Abuse

US senators are all clueless. They filed a lawsuit against Saudi Arabia after Sept 11 attacks, but they could not get Saudi Arabia to pay.

They mean that if yr neighbour cough n u catch a cold, u can sue your neighbour.

The senators who attended US foreign intelligence briefings in Jan, quickly and quietly sold off all their shares in the market. US already knew about the pandemic since Jan.

US T bills does not have the name of the owner printed on it, any holder can just sell it down. They claim US T bills n bonds are the safest in the world. How safe is it ? These are all lies.

Stock

2020-04-21 18:28 | Report Abuse

Obviously, CIMB has been hit. The question is how much exposure to the oil trader.

Stock

2020-04-21 17:07 | Report Abuse

HLB CEO, Dominic Fuda said HLB has little exposure to oil n gas, tourism, hotel ..
HLB, the strongest bank in M'sia.

General

2020-04-21 15:26 | Report Abuse

Mexico has hedged all its oil at US60. Mexico has the foresight which is lacking in other countries.

General

2020-04-20 23:09 | Report Abuse

The recovery in KLCI might well be wave 4 n we might get another leg down to complete wave 5.

News & Blogs

2020-04-20 22:59 | Report Abuse

play oil futures ! No need oil tank.

News & Blogs

2020-04-20 22:55 | Report Abuse

They are a lot of big projects they can start doing which will keep the economy running for years e.g. the plan to divert water from the Himalayas to their arid north.

Stock

2020-04-20 22:51 | Report Abuse

Putin was right in saying: "US is literally sawing on the branch they are sitting on "

Countries with excess USD holdings is likely to buy gold. I expect gold to retest its former highs.

Stock

2020-04-20 22:38 | Report Abuse

Which country would buy US T bills ?? It only shows no US financial instruments are safe.

News & Blogs

2020-04-20 22:32 | Report Abuse

Many are clueless. Many believe what Fox news said "Virus is a hoax".

News & Blogs

2020-04-19 16:14 | Report Abuse

Posted by chinaman > Apr 19, 2020 3:12 PM | Report Abuse

it's not due to smoking. its diet, too much meat, too many killings, with karma hit back human being. Taiwan with highest no. of vegetarian with one of lowest cases speak volume why.

Bats are eaten in a lot of countries. My friend, whose wife is an Indonesian, told us that Indonesians do eat bats.

Locally, ppl here eats deer meat, horse meat, .....
Millions of virus have already identified in wild animals, which means that new virus transmission to humans will happen again in the future.

News & Blogs

2020-04-19 16:10 | Report Abuse

To travel to US, requires a US visa. To apply for a visa needs at least 3 weeks an an interview.

Nobody can get a US visa within 48 hours. To say that Wuhan citizens who escape the lockdown might have traveled to US is rubbish.

News & Blogs

2020-04-19 15:57 | Report Abuse

The blaming game starts. All politicians in M'sia more interested in "Sheraton move" than pandemic risk.
Bull shit.

Stock

2020-04-18 10:57 | Report Abuse

The same old faces recycled from 1 GLC to another. Without new blood, how can a company prosper ?

News & Blogs

2020-04-16 20:34 | Report Abuse

Ppl who bought Bursa below $5.00 is now laughing their way to the bank. What about you ?

Stock

2020-04-16 20:23 | Report Abuse

You need to know:- how much of RHB's loans are exposed to tourism, hotel, oil n gas, airline ...

HLB is little exposure to these section. The Edge rate HLB as the strongest bank.

News & Blogs

2020-04-16 20:16 | Report Abuse

Hello, MCO manyak orang nothing to do. Just use keyboard on p c to speculate lah ! Bursa is having a lot of business. Which business is like this ???

News & Blogs

2020-04-15 17:21 | Report Abuse

I can still remember IMF chief, Camdessus folding his arms waiting for Suharto to sign the documents for IMF aid.

News & Blogs

2020-04-15 17:01 | Report Abuse

China n Russia used the USD they hold to buy gold n it turned out to be the right decision.

Now, lets see how much T bills can their vassal states buy.

News & Blogs

2020-04-14 14:28 | Report Abuse

Posted by ahbah > Apr 14, 2020 1:27 PM | Report Abuse

Wall Street analyst who called the 2018 rout says ‘don’t fight the Fed’ and ‘buy the dips’ is back on in this coronavirus-stricken stock market.

It reminds me of the fame economist, Nouriel Roubini, who call the rally in Mar 2009 in Wall Street, a "sucker's rally". But he was wrong.

Stock

2020-04-12 17:40 | Report Abuse

Posted by xxxx > Apr 11, 2020 8:03 AM | Report Abuse

Good, good and good. Let Idiot's Maga America burn until the people themselves decide to change their idiot of a president in November. Does the Idiot know that his country is losing influence? Does he know that his country is the biggest debtor nation in the world? Does he know that others consider him a big liar and immoral? No, no, no. Idiot!

There also clueless senators in US.
A Republican member of the US Senate has submitted a bill to withdraw US forces from Saudi Arabia if it does not adhere to the plan to reduce oil production, in order to change the direction of the oil price decline that has harmed US energy companies.

Maybe, the PetroDollar is begining to see its end. But I bet the US would chicken out.

Stock

2020-04-10 09:32 | Report Abuse

A lot of people will be jobless after MCO ends. Medical insurance is expensive. I do not hold the view that ppl will rush in to buy medical insurance. We would probably see longer queue at government hospitals.

Stock

2020-04-09 09:21 | Report Abuse

US never cared about the UN or its agencies. It uses UN agencies to bring abt regime changes. This is evident during the Asian crisis of 1997/1998.

US invaded Iraq without UN approval on the pretext of WMD, which was never found.

Trump is merely using WHO as a scapegoat.

Stock

2020-04-09 09:15 | Report Abuse

Unless the US join in, a deal seems so far away.

News & Blogs

2020-04-08 10:06 | Report Abuse

Posted by KAQ4468 > Apr 5, 2020 7:39 PM | Report Abuse

Later trump will mampus due to corona


Trump won't mampus. In fact, it is trying to change th narrative to survive. Did you not hear his comments like "I am not responsible at all". He blames Obama. "China is not transparent with its statistics". He blames China which in fact he could have acted on S.Korea's statistics.

Stock

2020-04-08 09:56 | Report Abuse

When casinos are opened, we do not realise Bursa is in fact a legal casino. EPF, ASM, insurance companies, funds... all go into this casino to make money for you. It does not require physical presence at all. It only needs volume, volatility ... to make money. In the coming days or weeks or months, there will be lots of panic selling n panic buying to fuel the volatility needed for Bursa.

News & Blogs

2020-04-08 09:43 | Report Abuse

In the 2008, a year later after QE1, the Fed started QE2, which is in fact a devaluation of the USD.

This round, what choice does the Fed have ? My take is that the US will devalue the USD to make its exports cheaper in terms of other currencies. Emerging markets, commodities ... would probably go up.

Fed will forget about normalizing its balance sheet. It is impossible to do that even before this pandemic.

News & Blogs
Stock

2020-04-04 20:41 | Report Abuse

"The second issue is the Americans, they have to play a part."

Unless those shale oil producers also take part in the production cut, there is no way for the issue to be resolved. Russia is sanctioned from selling its gas and oil. Putin wants this issue addressed.

News & Blogs

2020-04-04 20:37 | Report Abuse

Posted by Up_down > Apr 4, 2020 8:20 PM | Report Abuse

Trump would be backfired if he advised his people to wear masks. Many people might have bombarded him for not getting ready masks since the past 2 months.

You are right. Actually, Trump is not dumb. I say he is "over-smart". My sister-in-law who is living in L.A. told me there is no enough mask in US. If he tells every US citizen to wear a mask, he will get into deep trouble. Already U-tubers have coming up with so many video questing what he was doing in the last 2 months.

Stock

2020-04-04 19:28 | Report Abuse

All civil servants have fixed salaries unlike those hawkers, coffee shop operators ... Unless they are doing side business...

News & Blogs

2020-04-04 19:18 | Report Abuse

You can hear the actual situation on the ground in Whuan from expatriates living there. e.g. the conversation between Kim Iversen, a Vietnamese American in L.A. and Daniel Dumbrill, a Canadian living in Wuhan .. Just google on Utube.

Kim : Are those official figures on cases n death true ?

Dunbrill : It is more or less

Kim: how do you know ?

Dumbrill : My sister-in-law works as a nurse in a hospital in Wuhan