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2020-03-23 22:24 | Report Abuse
Flybe's collapse could be 'first of many' airlines
(By Justin HarperBusiness reporter 06 March 2020 Business)
The failure of Europe's biggest regional airline Flybe could be the start of more casualties, analysts predict.
On Thursday, a global airline industry body warned the financial hit from coronavirus could reach $113bn (£87bn) this year.
The bleak prediction came on the same day UK-based Flybe went into administration.
Airline experts are forecasting more failures as passengers cancel flights.
Flybe's collapse "will likely be the first of many in 2020," said James Goodall, transport analyst at Redburn.
"We expect that the demand destruction caused by Covid-19 accelerated its demise and we believe further airline bankruptcies should be expected in the coming months."
Airlines could lose $63bn to $113bn in revenue from the slump in passenger traffic globally this year, the International Air Transport Association (IATA) said on Thursday. Last month, it had predicted losses of $29bn.
##https://www.google.com/amp/s/www.bbc.com/news/amp/business-51748139
2020-03-23 21:15 | Report Abuse
Faster lorrr....
If dip below RM 9, better lorrr....
Long waiting for the last 22 years lorrr....
2020-03-23 20:30 | Report Abuse
Stock futures surge into the green after being ‘limit down’ overnight as Fed announces limitless asset purchases
PUBLISHED SUN, MAR 22 20206:04 PM EDTUPDATED MOMENTS AGO
U.S. stock futures surged on Monday, erasing steep overnight losses after the Federal Reserve unveiled new measures to keep markets working properly. Wall Street awaited Washington lawmakers to agree to an economic stimulus and rescue plan to cushion the blow from the coronavirus outbreak.
As of 8:18 a.m. ET, Dow Jones Industrial Average futures were up more than 400 points, or 2.4%. S&P 500 futures were up by about 2.8%. Nasdaq 100 futures traded 3.5% higher. The SPDR S&P 500 ETF was off by 0.8% in premarket trading.
##https://www.cnbc.com/2020/03/22/stock-market-futures-open-to-close-news.html
2020-03-23 20:26 | Report Abuse
Oil reverses losses, jumps 4% after Fed promises aggressive asset purchases to support markets
PUBLISHED SUN, MAR 22 20206:21 PM EDTUPDATED MOMENTS AGO
Oil prices reversed losses on Monday, jumping 4% after the Federal Reserve promised aggressive asset purchases to support markets. The move higher comes after U.S. West Texas Intermediate crudeposted its worst week since 1991.
WTI rose 4% to trade at $23.52 per barrel. In a volatile session for the contract, prices were down 6% in early trading.International benchmark Brent crude traded 1% lower at $26.69 per barrel.
##https://www.cnbc.com/2020/03/22/oil-drops-more-than-8percent-extending-declines-after-worst-week-since-1991.html
2020-03-23 20:20 | Report Abuse
The Federal Reserve just pledged asset purchases with no limit to support markets
(PUBLISHED MON, MAR 23 20207:59 AM EDTUPDATED MOMENTS AGO)
The Federal Reserve said Monday it will launch a barrage of programs aimed at helping markets function more efficiently in the wake of the coronavirus crisis.
Among the initiatives is a commitment to continue its asset purchasing program “in the amounts needed to support smooth market functioning and effective transmission of monetary policy to broader financial conditions and the economy.”
Others include a $300 billion lending program for Main Street businesses and the Term Asset-Backed Loan Facility implemented during the financial crisis.
Markets reacted positively to the moves, cutting most of the losses in stock market futures that had once been “limit down” in overnight trading.
The Fed also said it will purchase agency commercial mortgage-backed securities as part of an expansion in its asset purchases, known in the market as quantitative easing. The move represents an expansion into the commercial sector of real estate for the central bank’s acquisitions.
“We are now in QE infinity, again,” Peter Boockvar, chief investment officer at Bleakley Advisory Group, said in a note.
The measures come on top of programs the central bank announced last week aimed at easing the flow of credit markets and the short-term finding that banks need to operate.
“The coronavirus pandemic is causing tremendous hardship across the United States and around the world. Our nation’s first priority is to care for those afflicted and to limit the further spread of the virus,” the Fed said in a statement. “While great uncertainty remains, it has become clear that our economy will face severe disruptions. Aggressive efforts must be taken across the public and private sectors to limit the losses to jobs and incomes and to promote a swift recovery once the disruptions abate.”
Monday’s announcement represents the most aggressive market intervention the Fed has made to date.
Previously, it had announced it would buy $500 billion worth of Treasurys and $200 billion in MBS. The new move represents an open-ended commitment to the QE program.
##https://www.cnbc.com/2020/03/23/fed-announces-a-slew-of-new-programs-to-help-markets-including-open-ended-asset-purchases.html
2020-03-23 17:36 | Report Abuse
Stocks have ‘at least 10% to 15%’ further to fall: Scaramucci
(PUBLISHED MON, MAR 23 20204:58 AM EDT)
~ The U.S. is in a “protracted bear market” and stock prices could fall further, according to Anthony Scaramucci, an investor and former White House communications director.
~ In the short term, however, he said he is optimistic because of the expectation that Congress will approve economic stimulus for the country.
~ He also said U.S. President Donald Trump could emerge from this crisis “very strong” if he executes on the stimulus. “I think it’s still a toss-up, going into November,” he added.
The U.S. is in a “protracted bear market” and stock prices could fall further, according to Anthony Scaramucci, an investor and former White House communications director.
“I actually think we’re now in a secular bear market,” he told CNBC’s “Capital Connection” on Monday. “As the economic data comes out, we’re going to be in a fairly steep recession.”
His comments come as America and the world grapple with the fallout from the ongoing coronavirus pandemic. Global markets have been volatile and under pressure as cases continue to rise past 294,000. The World Health Organization has also reported nearly 13,000 deaths.
The Dow Jones Industrial Average is down 32.81% from the beginning of the year, while the S&P 500 index has fallen 28.66% over the same period.
“We’re in a protracted bear market,” said Scaramucci, who is founder and managing partner at investing firm SkyBridge. “I think there’s at least 10% to 15% more to go in equity prices here.”
In the short term, however, he said he is optimistic because of the expectation that Congress will approve economic stimulus for the country.
On Sunday evening, a huge funding package failed to get enough votes in a key Senate procedural vote.
“I predict that they will get a deal done. They know how sensitive this is for markets,” Scaramucci said. “It may come before the (market) opening, but if it doesn’t, my guess is it will come after tomorrow’s close.”
He said the stimulus will send a message to U.S. citizens that the government is there for them “in a time of crisis like this.”
“I’ve told people, this is so much worse than the global financial crisis. It’s literally 9/11 plus the global financial crisis,” he added.
##https://www.cnbc.com/2020/03/23/stocks-have-at-least-10percent-to-15percent-further-to-fall-scaramucci.html
2020-03-23 17:20 | Report Abuse
Despite this morning KLCI plummeted by 61 pt...
Despite whole day KLCI plummeted below 1260......
But....
Volume suddenly reduced to 2.8 billion share changed hand....
If compare last week, if this kind of plummeting incident, average share volume about 4 ~ 5 billion changed hand.....
Seem like good sight strong support @ 1220 pt....
2020-03-23 17:19 | Report Abuse
Seem like good sight strong support @ 1220 pt....
2020-03-23 17:16 | Report Abuse
Despite this morning KLCI plummeted by 61 pt...
Despite whole day KLCI plummeted below 1260......
But....
Volume suddenly reduced to 2.8 billion share changed hand....
If compare last week, if this kind of plummeting incident, average share volume about 4 ~ 5 billion changed hand.....
2020-03-23 15:09 | Report Abuse
No wonder recovered back lahhh.....
Lead by PBB, HLB, PChem.....
2020-03-23 15:04 | Report Abuse
Wooo.........
Unexpected slowly slowly recovered back from -61 to -30.....
2020-03-23 14:26 | Report Abuse
Haizzz.....
I thought today can touch to 0.700....unfortunately standing above 0.75...
Long waiting que...
0.705...
0.605...
0.505...
0.405...
0.305...
2020-03-23 14:12 | Report Abuse
Lai...Lai...Lai...
No need talk 3 talk 4......
Long waiting que.............
1.68...
1.48...
1.28...
1.00.........
2020-03-23 14:04 | Report Abuse
Aiyo...Hand not well control....itchy....
Round 1...Fight......1.88
Round 2...Fight......1.68
Round 3...Fight......1.48
Round 4...Fight......1.28
Last Round...Fight......1.00................
2020-03-23 11:30 | Report Abuse
Lai...lai...lai.......
My 1,000,000 share waiting for you @ 0.05 & 0.055 fruition.....
Come...come...come...
My 1,000,000 share waiting for you @ 0.05 & 0.055 to harvest.....
2020-03-23 08:22 | Report Abuse
Lai...lai...lai.......
My 1,000,000 share waiting for you @ 0.05 & 0.055 fruition.....
2020-03-23 08:08 | Report Abuse
U.S. Stock Futures Hit Limit Down; Oil Tumbles: Markets Wrap
(March 23, 2020, 4:46 AM GMT+8 Updated on March 23, 2020, 7:28 AM GMT+8)
U.S. equity futures tumbled at the start of trading Monday after a surge in the global death toll from the coronavirus and a failure as yet by Congress to agree on an aid plan. Crude oil slumped.
S&P 500 futures dropped 5% and hit limit down after the index lost more than 4% on Friday. Australian equities tumbled more than 8% and Asian contracts pointed lower. The dollar climbed against major peers. New Zealand’s dollar fell with the country’s bond yields after its central bank joined other countries in saying it will start buying bonds to stimulate the economy. As investors attempt to assess the severity of the upcoming downturn, Federal Reserve Bank of St. Louis President James Bullard predicted the U.S. unemployment rate may hit 30% in the second quarter because of shutdowns to combat the virus.
Markets are “pricing a global recession, which we expect; stay defensive,” Goldman Sachs Group Inc. strategists Kamakshya Trivedi and Zach Pandl, wrote in a note Sunday. “The uncertainties around the depth and duration of the hit to the global economy remain high and the momentum in our own, and other, economic forecasts continues to be sharply negative with downside risks.”
The 10-year Treasury yield fell back below 1% last week and the dollar steadied after vaulting more than 8% in the previous eight sessions as the Fed coordinated action with global central banks to beef up dollar liquidity swap line arrangements.
Investors are grappling with a faster pace of coronavirus infections against flickers of optimism that have followed extraordinary government actions to protect the global economy, from plans for stimulus and cash handouts to nationalizing companies.
The New Zealand central bank said it will buy up to NZ$30 billion ($17 billion) of government bonds in the secondary market over the next 12 months. In the U.S., Democrats blocked the U.S. Senate from advancing a massive aid package as House Speaker Nancy Pelosi said the measure fell short of her goals.
##https://www.bloomberg.com/news/articles/2020-03-22/dollar-dips-in-early-trading-kiwi-declines-on-qe-markets-wrap?srnd=premium-asia
2020-03-23 07:31 | Report Abuse
Coronavirus stimulus bill fails in key Senate procedural vote
(PUBLISHED SUN, MAR 22 20204:08 PM EDTUPDATED 18 MIN AGO)
~ A massive funding package to combat the impact of coronavirus did not get enough votes in a key Senate procedural vote Sunday evening.
~ The stalemate came hours after Democratic leaders warned that the bill was not to their liking. And stock futures cratered as the two parties failed to agree on the terms of the package.
~ Still, President Donald Trump expressed optimism that lawmakers would eventually reach a deal. “I think you’ll get there,” Trump told reporters at the coronavirus task force press briefing shortly after the vote became final.
A massive funding package to combat the impact of coronavirus did not get enough votes in a key Senate procedural vote Sunday evening.
The stalemate came hours after Democratic leaders warned that the bill was not to their liking because they said it did too much to bail out companies and not enough to help workers. Stock futures cratered as the two parties failed to agree on the terms of the package.
Still, President Donald Trump expressed optimism that lawmakers would eventually reach a deal. “I think you’ll get there,” Trump told reporters at the coronavirus task force press briefing shortly after the vote became final.
Efforts to forge a deal and pass the bill took on added urgency as several members of Congress, including GOP Sen. Rand Paul, tested positive for the coronavirus. Other Republican senators who had been in contact with Paul, including Mitt Romney of Utah, quarantined as a precaution.
The key Senate vote, originally scheduled for 3 p.m. ET Sunday, was moved 6 p.m.
The measure, at least in its current form, looked like it was heading for demise earlier Sunday as Democratic leaders aired their concerns with it.
“From my standpoint, we’re apart,” House Speaker Pelosi, D-Calif., told reporters earlier Sunday.
“Leader McConnell had to postpone his 3 p.m. cloture vote on the motion to proceed because, thanks to Leader Chuck Schumer and Senate Democrats, he did not have the 60 votes required,” Pelosi said in a statement Sunday.
Congressional aides said that pressure to come to a deal quickly could force the two parties to come to a resolution sooner rather than later. Yet as of Sunday evening, it remained unclear whether a deal was achievable.
Senate Republicans last week rolled out a roughly $1 trillion proposal after working closely with the administration, in a bid to slow the potentially catastrophic impact of the coronavirus on the economy. More than 26,000 have tested positive for the illness in the United States, a number that is expected to surge as more tests are distributed. The bill included small business loans, direct payments for individuals and billions in aid for industries like airlines whose businesses have been hit hard by the virus and efforts to stop its spread.
Larry Kudlow, the president’s top economic advisor, said Saturday that the bill could end up pumping $2 trillion into the economy through government spending and Federal Reserve action.
Senate Republicans and Democrats worked all weekend on a revised bill, working towards to goal of a formal vote on Monday. But by Sunday, there were still disagreements, with Democrats arguing the bill shortchanges workers.
“I oppose this bill as it currently stands and am urging Republicans to return to the negotiating table so we can reach an agreement that does much more to support the workers, families, and communities on the front lines of this pandemic,” said Sen. Patty Murray, D-Wash.
The proposed bill now sets aside an up to $500 billion fund to support “severely distressed business.” That includes $58 billion for passenger and cargo airlines and $17 billion for businesses critical to maintaining national security, according to a draft bill obtained by CNBC.
A previous draft bill allocated $150 billion for distressed businesses, in addition to $58 billion for airlines and cargo carriers.
While the new proposed bill adds certain restrictions that Democrats had pushed for – like a ban on stock buybacks while a loan is outstanding and maintaining payroll “to the extent practicable” – those concessions were not enough. Trump reiterated Sunday evening that he did not want stock buybacks permitted in the measure.
“In the midst of an unprecedented national crisis, Republicans can’t seriously expect us to tell people in our communities who are suffering that we shortchanged hospitals, students, workers, and small businesses but gave big corporations hundreds of billions of dollars in a secretive slush fund,” said Murray, whose home state is one of the hardest-hit by the disease’s outbreak.
##https://www.cnbc.com/2020/03/22/coronavirus-stimulus-congress-struggles-to-reach-a-deal.html
*** More worse if the stimulus aid failed to pass through
Expected : DJIA - 15,000 ~ 16,000 this few days
2020-03-23 00:22 | Report Abuse
New York state has more coronavirus cases than France or South Korea as infections soar to 15,168
(PUBLISHED SUN, MAR 22 202011:42 AM EDTUPDATED MOMENTS AGO)
~ New York state now has more coronavirus cases than France or South Korea.
~ The number of confirmed infections soared to 15,168, according to new data released by Gov. Andrew Cuomo.
~ “New York is testing more people than any state in the country and, per capita, more than any country in the globe,” Cuomo said, adding that the state has tested 61,000 people.
New York state now has more coronavirus cases than France or South Korea as the number of confirmed infections soared to 15,168, according to new data released by Gov. Andrew Cuomo on Sunday.
The outbreak across the state is the worst in the United States. New York now has more COVID-19 cases than several countries struggling to manage their own caseloads, including France, South Korea, Switzerland, and the U.K., according to data compiled by Johns Hopkins University. Within the U.S., Washington state has the next highest number of cases at 1,647 followed by California at 1,518, according to a chart Cuomo presented at a press conference in Albany.
“New York is testing more people than any state in the country and, per capita, more than any country in the globe,” Cuomo said, adding that the state has tested 61,000 people. Roughly 15,000 of those tests are new, identifying 4,800 new cases in the last day, he said.
Cuomo said he’s asked the federal government to nationalize the purchase of medical equipment and has signed off on several locations to build temporary hospitals to treat coronavirus patients.
Cuomo said the U.S. Army Corps of Engineers will build temporary hospitals in Stony Brook, Westbury, Westchester, New York, and the Jacob K. Javits Convention Center in New York City, which will contain four federal hospitals with 250 beds each.
New York state is also running a clinical trial beginning Tuesday of a treatment regimen of hydroxychloroquine and azithromycin, two drugs that doctors in Africa and elsewhere say they’ve seen good results in fighting the virus.
Cuomo said the federal government needs to nationalize the purchase of needed medical supplies, adding that the shortage of personal protective gear like masks and life-saving equipment like respirators is leading to price gouging. Masks that used to cost 85 cents are now $7, “why because I’m competing against other states,” he said.
“Currently when states are doing it, we are competing against other states. In some cases, we’re savaging other states,” Cuomo said. “This is just an impossible situation to manage, if we don’t get the equipment, we could lose lives that we could otherwise save if we had the equipment.”
New York City is the new epicenter of the COVID-19 outbreak in the U.S., Mayor Bill de Blasio said Friday.
##https://www.cnbc.com/2020/03/22/new-york-state-has-more-coronavirus-cases-than-france-or-south-korea-as-infections-soar-to-15168.html
*** Very high possibility, coming week, US market (DJIA) will definitely plummeted to the range of 15,000 ~ 16,000
Tragedy...Tragedy...Tragedy...
2020-03-23 00:21 | Report Abuse
New York state has more coronavirus cases than France or South Korea as infections soar to 15,168
(PUBLISHED SUN, MAR 22 202011:42 AM EDTUPDATED MOMENTS AGO)
~ New York state now has more coronavirus cases than France or South Korea.
~ The number of confirmed infections soared to 15,168, according to new data released by Gov. Andrew Cuomo.
~ “New York is testing more people than any state in the country and, per capita, more than any country in the globe,” Cuomo said, adding that the state has tested 61,000 people.
New York state now has more coronavirus cases than France or South Korea as the number of confirmed infections soared to 15,168, according to new data released by Gov. Andrew Cuomo on Sunday.
The outbreak across the state is the worst in the United States. New York now has more COVID-19 cases than several countries struggling to manage their own caseloads, including France, South Korea, Switzerland, and the U.K., according to data compiled by Johns Hopkins University. Within the U.S., Washington state has the next highest number of cases at 1,647 followed by California at 1,518, according to a chart Cuomo presented at a press conference in Albany.
“New York is testing more people than any state in the country and, per capita, more than any country in the globe,” Cuomo said, adding that the state has tested 61,000 people. Roughly 15,000 of those tests are new, identifying 4,800 new cases in the last day, he said.
Cuomo said he’s asked the federal government to nationalize the purchase of medical equipment and has signed off on several locations to build temporary hospitals to treat coronavirus patients.
Cuomo said the U.S. Army Corps of Engineers will build temporary hospitals in Stony Brook, Westbury, Westchester, New York, and the Jacob K. Javits Convention Center in New York City, which will contain four federal hospitals with 250 beds each.
New York state is also running a clinical trial beginning Tuesday of a treatment regimen of hydroxychloroquine and azithromycin, two drugs that doctors in Africa and elsewhere say they’ve seen good results in fighting the virus.
Cuomo said the federal government needs to nationalize the purchase of needed medical supplies, adding that the shortage of personal protective gear like masks and life-saving equipment like respirators is leading to price gouging. Masks that used to cost 85 cents are now $7, “why because I’m competing against other states,” he said.
“Currently when states are doing it, we are competing against other states. In some cases, we’re savaging other states,” Cuomo said. “This is just an impossible situation to manage, if we don’t get the equipment, we could lose lives that we could otherwise save if we had the equipment.”
New York City is the new epicenter of the COVID-19 outbreak in the U.S., Mayor Bill de Blasio said Friday.
##https://www.cnbc.com/2020/03/22/new-york-state-has-more-coronavirus-cases-than-france-or-south-korea-as-infections-soar-to-15168.html
*** Very high possibility, coming week, US market (DJIA) will definitely plummeted to the range of 15,000 ~ 16,000
Tragedy...Tragedy...Tragedy...
2020-03-23 00:18 | Report Abuse
New York state has more coronavirus cases than France or South Korea as infections soar to 15,168
(PUBLISHED SUN, MAR 22 202011:42 AM EDTUPDATED MOMENTS AGO)
~ New York state now has more coronavirus cases than France or South Korea.
~ The number of confirmed infections soared to 15,168, according to new data released by Gov. Andrew Cuomo.
~ “New York is testing more people than any state in the country and, per capita, more than any country in the globe,” Cuomo said, adding that the state has tested 61,000 people.
New York state now has more coronavirus cases than France or South Korea as the number of confirmed infections soared to 15,168, according to new data released by Gov. Andrew Cuomo on Sunday.
The outbreak across the state is the worst in the United States. New York now has more COVID-19 cases than several countries struggling to manage their own caseloads, including France, South Korea, Switzerland, and the U.K., according to data compiled by Johns Hopkins University. Within the U.S., Washington state has the next highest number of cases at 1,647 followed by California at 1,518, according to a chart Cuomo presented at a press conference in Albany.
“New York is testing more people than any state in the country and, per capita, more than any country in the globe,” Cuomo said, adding that the state has tested 61,000 people. Roughly 15,000 of those tests are new, identifying 4,800 new cases in the last day, he said.
Cuomo said he’s asked the federal government to nationalize the purchase of medical equipment and has signed off on several locations to build temporary hospitals to treat coronavirus patients.
Cuomo said the U.S. Army Corps of Engineers will build temporary hospitals in Stony Brook, Westbury, Westchester, New York, and the Jacob K. Javits Convention Center in New York City, which will contain four federal hospitals with 250 beds each.
New York state is also running a clinical trial beginning Tuesday of a treatment regimen of hydroxychloroquine and azithromycin, two drugs that doctors in Africa and elsewhere say they’ve seen good results in fighting the virus.
Cuomo said the federal government needs to nationalize the purchase of needed medical supplies, adding that the shortage of personal protective gear like masks and life-saving equipment like respirators is leading to price gouging. Masks that used to cost 85 cents are now $7, “why because I’m competing against other states,” he said.
“Currently when states are doing it, we are competing against other states. In some cases, we’re savaging other states,” Cuomo said. “This is just an impossible situation to manage, if we don’t get the equipment, we could lose lives that we could otherwise save if we had the equipment.”
New York City is the new epicenter of the COVID-19 outbreak in the U.S., Mayor Bill de Blasio said Friday.
##https://www.cnbc.com/2020/03/22/new-york-state-has-more-coronavirus-cases-than-france-or-south-korea-as-infections-soar-to-15168.html
2020-03-23 00:17 | Report Abuse
New York state has more coronavirus cases than France or South Korea as infections soar to 15,168
(PUBLISHED SUN, MAR 22 202011:42 AM EDTUPDATED MOMENTS AGO)
~ New York state now has more coronavirus cases than France or South Korea.
~ The number of confirmed infections soared to 15,168, according to new data released by Gov. Andrew Cuomo.
~ “New York is testing more people than any state in the country and, per capita, more than any country in the globe,” Cuomo said, adding that the state has tested 61,000 people.
New York state now has more coronavirus cases than France or South Korea as the number of confirmed infections soared to 15,168, according to new data released by Gov. Andrew Cuomo on Sunday.
The outbreak across the state is the worst in the United States. New York now has more COVID-19 cases than several countries struggling to manage their own caseloads, including France, South Korea, Switzerland, and the U.K., according to data compiled by Johns Hopkins University. Within the U.S., Washington state has the next highest number of cases at 1,647 followed by California at 1,518, according to a chart Cuomo presented at a press conference in Albany.
“New York is testing more people than any state in the country and, per capita, more than any country in the globe,” Cuomo said, adding that the state has tested 61,000 people. Roughly 15,000 of those tests are new, identifying 4,800 new cases in the last day, he said.
Cuomo said he’s asked the federal government to nationalize the purchase of medical equipment and has signed off on several locations to build temporary hospitals to treat coronavirus patients.
Cuomo said the U.S. Army Corps of Engineers will build temporary hospitals in Stony Brook, Westbury, Westchester, New York, and the Jacob K. Javits Convention Center in New York City, which will contain four federal hospitals with 250 beds each.
New York state is also running a clinical trial beginning Tuesday of a treatment regimen of hydroxychloroquine and azithromycin, two drugs that doctors in Africa and elsewhere say they’ve seen good results in fighting the virus.
Cuomo said the federal government needs to nationalize the purchase of needed medical supplies, adding that the shortage of personal protective gear like masks and life-saving equipment like respirators is leading to price gouging. Masks that used to cost 85 cents are now $7, “why because I’m competing against other states,” he said.
“Currently when states are doing it, we are competing against other states. In some cases, we’re savaging other states,” Cuomo said. “This is just an impossible situation to manage, if we don’t get the equipment, we could lose lives that we could otherwise save if we had the equipment.”
New York City is the new epicenter of the COVID-19 outbreak in the U.S., Mayor Bill de Blasio said Friday.
##https://www.cnbc.com/2020/03/22/new-york-state-has-more-coronavirus-cases-than-france-or-south-korea-as-infections-soar-to-15168.html
2020-03-22 14:57 | Report Abuse
Lai...lai...lai....
No need talk 3 talk 4...
Long waiting ....
0.350...
0.300..
0.250...
0.200..
0.150..
2020-03-22 14:54 | Report Abuse
Lai...lai...lai....
No need talk 3 talk 4...
Long waiting ....
2.50...
2.25...
2.00...
1.75...
1.50...
1.25...
1.00...
2020-03-22 14:53 | Report Abuse
Lai...lai...lai....
No need talk 3 talk 4...
Long waiting ....
0.600...
0.500...
0.400...
0.300...
0.200...
2020-03-22 14:52 | Report Abuse
Lai...lai...lai....
No need talk 3 talk 4...
Long waiting ....
9.00...
8.50...
8.00...
7.50...
7.00...
6.50...
6.00...
2020-03-22 14:50 | Report Abuse
Lai...lai...lai....
No need talk 3 talk 4...
Long waiting ....
1.40...
1.25...
1.10...
0.950...
0.800...
2020-03-22 14:47 | Report Abuse
Lai...lai...lai....
No need talk 3 talk 4...
Long waiting ....
3.50...
3.00...
2.50...
2.00...
1.50...
1.00...
2020-03-22 14:46 | Report Abuse
Lai...lai...lai....
No need talk 3 talk 4...
Long waiting ....
3.00...
2.75...
2.50...
2.25...
2.00...
1.75...
1.50...
2020-03-22 14:46 | Report Abuse
Lai...lai...lai....
No need talk 3 talk 4...
Long waiting ....
3.50...
3.00...
2.50...
2.00...
1.50...
1.00...
2020-03-22 14:44 | Report Abuse
Lai...lai...lai....
No need talk 3 talk 4...
Long waiting ....
0.300...
0.250...
0.200...
0.150...
0.100...
2020-03-22 14:43 | Report Abuse
Lai...lai...lai....
No need talk 3 talk 4...
Long waiting ....
0.120...
0.110...
0.100...
0.09...
0.08...
0.07...
0.06...
2020-03-22 14:40 | Report Abuse
Lai...lai...lai....
No need talk 3 talk 4...
Long waiting ....
2.90...
2.70...
2.50...
2.30...
2.10...
2020-03-22 09:25 | Report Abuse
Malaysia Growth Seen as Low as 2% on ‘Triple Whammy’ of Troubles
(March 22, 2020, 8:00 AM GMT+8)
Malaysia’s economy is set to grow at its slowest pace since the 2009 financial crisis as it struggles with a trio of troubles: coronavirus, oil-price crash and political upheaval.
Analysts from Fitch Ratings to United Overseas Bank Ltd. now expect Malaysia’s economy to grow about 2% this year. That compares with the government’s estimate that gross domestic product will expand 3.6%-4%, which already accounts for the virus’s impact. The central bank is set to release its annual report on the economy Wednesday, where it’s expected to revise its outlook.
Malaysia is grappling with the most cases of Covid-19, the disease caused by the coronavirus, in Southeast Asia. That prompted the government to ban overseas travel and close shops and schools from March 18-31, with a warning that the lockdown could be extended. An abrupt change in government last month and an ongoing price war in the oil market have compounded troubles for Malaysia.
“Malaysia is facing a triple whammy of political, oil price and coronavirus shocks,” said Thomas Rookmaaker, director of Asia-Pacific Sovereigns at Fitch Ratings.
CORPORATE IMPACT OF MALAYSIA LOCKDOWN:
~ Airlines: AirAsia Group Bhd., Malaysia Airlines Bhd. cancel thousands of flights, offer unpaid leave to staff
~ Banks: Malayan Banking Bhd., CIMB Group Holdings Bhd. shares trade at multi-year lows
~ Leisure: Genting Malaysia Bhd. injects $40 million to U.S. unit for debt refinancing
Policy makers have unveiled a raft of measures to bolster the economy. On Monday, Prime Minister Muhyiddin Yassin added cash handouts and electricity discounts to a 20 billion ringgit ($4.6 billion) package announced by his predecessor, while Bank Negara Malaysia cut the Statutory Reserve Ratio March 19 as part of moves to release 30 billion ringgit of liquidity into the banking system.
The central bank has cut its policy rate to the lowest in a decade, most recently lowering rates by 25 basis points to 2.50% on March 3. The bank is due to meet again on rates May 5.
The moves “won’t help the economy in the sense of getting people back dining and shopping, but will ease pressure on the banking system, which is a good thing,” said Stephen Innes, chief market strategist at AxiCorp Ltd..
##https://www.bloomberg.com/news/articles/2020-03-22/malaysia-growth-seen-as-low-as-2-on-triple-whammy-of-troubles?srnd=premium-asia
2020-03-22 09:22 | Report Abuse
Stocks can return to records early next year if the US can curb coronavirus spread, says JPMorgan (PUBLISHED SAT, MAR 21 20209:12 AM EDTUPDATED SAT, MAR 21 202012:48 PM EDT)
~ Dubravko Lakos-Bujas, chief U.S. equity strategist at JPMorgan, expects the S&P 500 to reach 3,400 in early 2021.
~ That would top an all-time high of 3,386 set on Feb. 19. It is also 47% higher than the broad market average’s Friday close of 2,304.92.
~ “Acknowledging that equity markets globally are now down 30-50% from their recent highs ... we see an asymmetrical return profile for equities with upside significantly higher than downside over the next year,” he says.
The S&P 500 could return to record highs by early next year if U.S. efforts to contain the coronavirus outbreak work and the government can quickly move forward with fiscal stimulus to cushion the impending economic blow, JPMorgan’s chief U.S. equity strategist said Friday.
Dubravko Lakos-Bujas wrote in a note to clients he expects the S&P 500 to reach 3,400 in early 2021. That would top an all-time high of 3,386 set on Feb. 19. It is also 47% higher than the broad market average’s Friday close of 2,304.92.
The S&P 500 entered a bear market on March 12 — bringing the longest-ever bull expansion to an abrupt end — as the fast spread of the coronavirus and resulting shutdowns soured economic and profit growth forecasts around the world. However, after the relentless selling wave, Lakos-Bujas now sees a chance for stocks to return to record levels.
“Acknowledging that equity markets globally are now down 30-50% from their recent highs, and that investor positioning has become increasingly favorable, we see an asymmetrical return profile for equities with upside significantly higher than downside over the next year,” Lakos-Bujas wrote.
For his scenario to play out, though, the U.S. government must pass a “comprehensive fiscal package promptly.”
The White House is currently seeking more than $1 trillion in government stimulus to soften the virus’ economic hit. Treasury Secretary Steven Mnuchin said Thursday the administration wants to send direct payments to U.S. kids and adults as part of that package. Those payments would total about $500 billion. Several industry groups — particularly airlines — are also seeking relief money.
“Aggressive fiscal policy needs to be undertaken immediately,” Lakos-Bujas said, noting that failure to pass such measures “would likely result in a broader capitulation of equities including the heavyweight momentum stocks.”
The other side of the equation is curbing the coronavirus spread in the U.S. More than 15,000 cases have been confirmed in the U.S. along with over 200 deaths, according to data from Johns Hopkins University.
Authorities in the U.S. have imposed measures to contain the number of cases and “flatten the curve,” which would keep the country’s health care system from being overrun by the outbreak.
“The spread of the outbreak in the US will still remain a key concern,” the strategist said. “At the same time, there are early signs of progress being made of potential anti-viral treatment, though the outcome is still uncertain.”
##https://www.cnbc.com/2020/03/21/stocks-can-return-to-records-early-next-year-if-the-us-can-curb-coronavirus-spread-says-jpmorgan.html
2020-03-22 09:14 | Report Abuse
Coronavirus live updates: FDA OKs ‘emergency use’ test, global cases top 300,000 (PUBLISHED SAT, MAR 21 20209:10 AM EDTUPDATED 3 HOURS AGO)
~ The coronavirus has infected more than 303,180 and killed at least 12,944 worldwide, according to data from Johns Hopkins University.
This is CNBC’s 24-hour blog covering all the latest news on the coronavirus outbreak. All times below are in Eastern time. This live blog will be updated throughout the day as the news breaks.
Global cases: More than 303,180
Global deaths: At least 12,944
U.S. cases: At least 24,148
U.S. deaths: At least 285
The data above is from Johns Hopkins University.
6:00 pm: Cases top 300,000 worldwide as US becomes one of worst hit countries
The number of people who have tested positive for the deadly coronavirus, or COVID-19, has topped 300,000 as the pandemic continues to spread around the world, with the situation in the U.S., Italy and Spain deteriorating even as the pandemic has stabilized in China, where the virus first emerged.
At least 303,180 people have tested positive for the virus worldwide as of Saturday at 5:13 pm ET, according to data from Johns Hopkins University. The number of cases in the U.S. has surged to at least 24,148, making it one of the worst hit countries in the world. Only China, Italy and Spain are harder hit than the U.S. - Spencer Kimball, Emma Newburger
##https://www.cnbc.com/2020/03/21/coronavirus-live-updates-us-hospitals-seek-100-billion-in-aid.html
2020-03-21 18:37 | Report Abuse
Haa...Haa....
Wrong information...
During 2008 /09 subprime crisis....
KLCI had plummeted by 45% (approximately) from high level....
Not 80%....
Only during Asian Financial Crisis 1997 /98 then closed to 79%++ plummeted from high level.....
Posted by skybursa > Mar 21, 2020 6:31 PM | Report Abuse
The previous crash caused by property bubbles where KLCI index fell over 80% between 2008 and 2009. And present crisis was even worse it slowing the entire world economy by pandemic covid-19. At the moment KLCI had just corrected 20% & DOW only 30%. I'm not trying to out smart anyone. Uncle skybursa had over 30 years trading experienced. In my opinion the best timing to start accumulate good fundamentals stocks is when you see the contagious finally slowing down worldwide. Keep track of the news daily and be prepare when times come. Trade with caution in a volatile environment.
2020-03-21 18:02 | Report Abuse
Fund allocation...
35% of investment fund - during range 1200 ~ 1300
35% of investment fund - during range 1050 ~ 1200
30% of investment fund - during below 1050...............
Example :-
Assumption investment fund : $ 200,000
During 1200 ~ 1300 lvl, intend to purchase 5 Co. (35% of total investmet funds allocation)
Co.A @ 2.00 = allocation of $ 18,500 = 9,200 units
Co.B @ 1.70 = allocation of $ 15,500 = 9,100 units
Co.C @ 1.50 = allocation of $ 14,000 = 9,300 units
Co.D @ 1.30 = allocation of $ 12,000 = 9,200 units
Co.E @ 1.10 = allocation of $ 10,000 = 9,000 units
If index further decelerated to 1050 ~ 1200 lvl, then another 35% of total investment funds allocation
Co.A @ 1.50 = allocation of $ 19,000 = 12,600 units
Co.B @ 1.30 = allocation of $ 16,500 = 12,700 units
Co.C @ 1.10 = allocation of $ 14,000 = 12,700 units
Co.D @ 0.90 = allocation of $ 11,500 = 12,700 units
Co.E @ 0.70 = allocation of $ 9,000 = 12,800 units
If index further decelerated below 1050, then balance 30% of total investment funds allocation
Co.A @ 1.10 = allocation of $ 19,000 = 17,200 units
Co.B @ 0.90 = allocation of $ 15,500 = 17,200 units
Co.C @ 0.70 = allocation of $ 12,000 = 17,100 units
Co.D @ 0.50 = allocation of $ 8,500 = 17,000 units
Co.E @ 0.30 = allocation of $ 5,000 = 16,600 units
## So total share holding & average price for each company :-
Co.A = $ 56,220 / 39,000 units = $ 1.4415
Co.B = $ 47,460 / 39,000 units = $ 1.2169
Co.C = $ 39,890 / 39,100 units = $ 1.0202
Co.D = $ 31,890 / 38,900 units = $ 0.8198
Co.E = $ 23,840 / 38,400 units = $ 0.6208
%% At the end, the final average price of each company almost lower than the price during 1050 ~ 1200 index level
@@ This is illustration & reference only....
2020-03-21 16:37 | Report Abuse
Fund allocation...
35% of investment fund - during range 1200 ~ 1300
35% of investment fund - during range 1050 ~ 1200
30% of investment fund - during below 1050...............
Example :-
Assumption investment fund : $ 200,000
During 1200 ~ 1300 lvl, intend to purchase 5 Co. (35% of total investmet funds allocation)
Co.A @ 2.00 = allocation of $ 18,500 = 9,200 units
Co.B @ 1.70 = allocation of $ 15,500 = 9,100 units
Co.C @ 1.50 = allocation of $ 14,000 = 9,300 units
Co.D @ 1.30 = allocation of $ 12,000 = 9,200 units
Co.E @ 1.10 = allocation of $ 10,000 = 9,000 units
If index further decelerated to 1050 ~ 1200 lvl, then another 35% of total investment funds allocation
Co.A @ 1.50 = allocation of $ 19,000 = 12,600 units
Co.B @ 1.30 = allocation of $ 16,500 = 12,700 units
Co.C @ 1.10 = allocation of $ 14,000 = 12,700 units
Co.D @ 0.90 = allocation of $ 11,500 = 12,700 units
Co.E @ 0.70 = allocation of $ 9,000 = 12,800 units
If index further decelerated below 1050, then balance 30% of total investment funds allocation
Co.A @ 1.10 = allocation of $ 19,000 = 17,200 units
Co.B @ 0.90 = allocation of $ 15,500 = 17,200 units
Co.C @ 0.70 = allocation of $ 12,000 = 17,100 units
Co.D @ 0.50 = allocation of $ 8,500 = 17,000 units
Co.E @ 0.30 = allocation of $ 5,000 = 16,600 units
## So total share holding & average price for each company :-
Co.A = $ 56,220 / 39,000 units = $ 1.4415
Co.B = $ 47,460 / 39,000 units = $ 1.2169
Co.C = $ 39,890 / 39,100 units = $ 1.0202
Co.D = $ 31,890 / 38,900 units = $ 0.8198
Co.E = $ 23,840 / 38,400 units = $ 0.6208
%% At the end, the final average price of each company almost lower than the price during 1050 ~ 1200 index level
@@ This is illustration & reference only....
2020-03-21 16:17 | Report Abuse
I always deserve the right to reserve 1 more step....
Haa...Haa...
2020-03-21 16:07 | Report Abuse
Fund allocation...
35% of investment fund - during range 1200 ~ 1300
35% of investment fund - during range 1050 ~ 1200
30% of investment fund - during below 1050...............
Example :-
Assumption investment fund : $ 200,000
During 1200 ~ 1300 lvl, intend to purchase 5 Co. (35% of total investmet funds allocation)
Co.A @ 2.00 = allocation of $ 18,500 = 9,200 units
Co.B @ 1.70 = allocation of $ 15,500 = 9,100 units
Co.C @ 1.50 = allocation of $ 14,000 = 9,300 units
Co.D @ 1.30 = allocation of $ 12,000 = 9,200 units
Co.E @ 1.10 = allocation of $ 10,000 = 9,000 units
If index further decelerated to 1050 ~ 1200 lvl, then another 35% of total investment funds allocation
Co.A @ 1.50 = allocation of $ 19,000 = 12,600 units
Co.B @ 1.30 = allocation of $ 16,500 = 12,700 units
Co.C @ 1.10 = allocation of $ 14,000 = 12,700 units
Co.D @ 0.90 = allocation of $ 11,500 = 12,700 units
Co.E @ 0.70 = allocation of $ 9,000 = 12,800 units
If index further decelerated below 1050, then balance 30% of total investment funds allocation
Co.A @ 1.10 = allocation of $ 19,000 = 17,200 units
Co.B @ 0.90 = allocation of $ 15,500 = 17,200 units
Co.C @ 0.70 = allocation of $ 12,000 = 17,100 units
Co.D @ 0.50 = allocation of $ 8,500 = 17,000 units
Co.E @ 0.30 = allocation of $ 5,000 = 16,600 units
## So total share holding & average price for each company :-
Co.A = $ 56,220 / 39,000 units = $ 1.4415
Co.B = $ 47,460 / 39,000 units = $ 1.2169
Co.C = $ 39,890 / 39,100 units = $ 1.0202
Co.D = $ 31,890 / 38,900 units = $ 0.8198
Co.E = $ 23,840 / 38,400 units = $ 0.6208
%% At the end, the final average price of each company almost lower than the price during 1050 ~ 1200 index level
@@ This is illustration & reference only....
2020-03-21 16:00 | Report Abuse
Fund allocation...
Example :-
Assumption investment fund : $ 200,000
During 1200 ~ 1300 lvl, intend to purchase 5 Co. (35% of total investmet funds allocation)
Co.A @ 2.00 = allocation of $ 18,500 = 9,200 units
Co.B @ 1.70 = allocation of $ 15,500 = 9,100 units
Co.C @ 1.50 = allocation of $ 14,000 = 9,300 units
Co.D @ 1.30 = allocation of $ 12,000 = 9,200 units
Co.E @ 1.10 = allocation of $ 10,000 = 9,000 units
If index further decelerated to 1050 ~ 1200 lvl, then another 35% of total investment funds allocation
Co.A @ 1.50 = allocation of $ 19,000 = 12,600 units
Co.B @ 1.30 = allocation of $ 16,500 = 12,700 units
Co.C @ 1.10 = allocation of $ 14,000 = 12,700 units
Co.D @ 0.90 = allocation of $ 11,500 = 12,700 units
Co.E @ 0.70 = allocation of $ 9,000 = 12,800 units
If index further decelerated below 1050, then balance 30% of total investment funds allocation
Co.A @ 1.10 = allocation of $ 19,000 = 17,200 units
Co.B @ 0.90 = allocation of $ 15,500 = 17,200 units
Co.C @ 0.70 = allocation of $ 12,000 = 17,100 units
Co.D @ 0.50 = allocation of $ 8,500 = 17,000 units
Co.E @ 0.30 = allocation of $ 5,000 = 16,600 units
## So total share holding & average price for each company :-
Co.A = $ 56,220 / 39,000 units = $ 1.4415
Co.B = $ 47,460 / 39,000 units = $ 1.2169
Co.C = $ 39,890 / 39,100 units = $ 1.0202
Co.D = $ 31,890 / 38,900 units = $ 0.8198
Co.E = $ 23,840 / 38,400 units = $ 0.6208
35% of investment fund - during range 1200 ~ 1300
35% of investment fund - during range 1050 ~ 1200
30% of investment fund - during below 1050...............
%% At the end, the final average price of each company almost lower than the price during 1050 ~ 1200 index level
@@ This is illustration & reference only....
2020-03-21 15:57 | Report Abuse
Fund allocation...
Example :-
Assumption investment fund : $ 200,000
During 1200 ~ 1300 lvl, intend to purchase 5 Co. (35% of total investmet funds allocation)
Co.A @ 2.00 = allocation of $ 18,500 = 9,200 units
Co.B @ 1.70 = allocation of $ 15,500 = 9,100 units
Co.C @ 1.50 = allocation of $ 14,000 = 9,300 units
Co.D @ 1.30 = allocation of $ 12,000 = 9,200 units
Co.E @ 1.10 = allocation of $ 10,000 = 9,000 units
If index further decelerated to 1050 ~ 1200 lvl, then another 35% of total investment funds allocation
Co.A @ 1.50 = allocation of $ 19,000 = 12,600 units
Co.B @ 1.30 = allocation of $ 16,500 = 12,700 units
Co.C @ 1.10 = allocation of $ 14,000 = 12,700 units
Co.D @ 0.90 = allocation of $ 11,500 = 12,700 units
Co.E @ 0.70 = allocation of $ 9,000 = 12,800 units
If index further decelerated below 1050, then balance 30% of total investment funds allocation
Co.A @ 1.10 = allocation of $ 19,000 = 17,200 units
Co.B @ 0.90 = allocation of $ 15,500 = 17,200 units
Co.C @ 0.70 = allocation of $ 12,000 = 17,100 units
Co.D @ 0.50 = allocation of $ 8,500 = 17,000 units
Co.E @ 0.30 = allocation of $ 5,000 = 16,600 units
## So total share holding & average price for each company :-
Co.A = $ 56,220 / 39,000 units = $ 1.4415
Co.B = $ 47,460 / 39,000 units = $ 1.2169
Co.C = $ 39,890 / 39,100 units = $ 1.0202
Co.D = $ 31,890 / 38,900 units = $ 0.8198
Co.E = $ 23,840 / 38,400 units = $ 0.6208
35% of investment fund - during range 1200 ~ 1300
35% of investment fund - during range 1050 ~ 1200
30% of investment fund - during below 1050...............
%% At the end, the final average price of each company almost lower than the price during 1050 ~ 1200 index level
@@ This is illustration & reference only....
2020-03-21 15:52 | Report Abuse
Fund allocation...
35% of investment fund - during range 1200 ~ 1300
35% of investment fund - during range 1050 ~ 1200
30% of investment fund - during below 1050...............
Example :-
Assumption investment fund : $ 200,000
During 1200 ~ 1300 lvl, intend to purchase 5 Co. (35% of total investmet funds allocation)
Co.A @ 2.00 = allocation of $ 18,500 = 9,200 units
Co.B @ 1.70 = allocation of $ 15,500 = 9,100 units
Co.C @ 1.50 = allocation of $ 14,000 = 9,300 units
Co.D @ 1.30 = allocation of $ 12,000 = 9,200 units
Co.E @ 1.10 = allocation of $ 10,000 = 9,000 units
If index further decelerated to 1050 ~ 1200 lvl, then another 35% of total investment funds allocation
Co.A @ 1.50 = allocation of $ 19,000 = 12,600 units
Co.B @ 1.30 = allocation of $ 16,500 = 12,700 units
Co.C @ 1.10 = allocation of $ 14,000 = 12,700 units
Co.D @ 0.90 = allocation of $ 11,500 = 12,700 units
Co.E @ 0.70 = allocation of $ 9,000 = 12,800 units
If index further decelerated below 1050, then balance 30% of total investment funds allocation
Co.A @ 1.10 = allocation of $ 19,000 = 17,200 units
Co.B @ 0.90 = allocation of $ 15,500 = 17,200 units
Co.C @ 0.70 = allocation of $ 12,000 = 17,100 units
Co.D @ 0.50 = allocation of $ 8,500 = 17,000 units
Co.E @ 0.30 = allocation of $ 5,000 = 16,600 units
## So total share holding & average price for each company :-
Co.A = $ 56,220 / 39,000 units = $ 1.4415
Co.B = $ 47,460 / 39,000 units = $ 1.2169
Co.C = $ 39,890 / 39,100 units = $ 1.0202
Co.D = $ 31,890 / 38,900 units = $ 0.8198
Co.E = $ 23,840 / 38,400 units = $ 0.6208
%% At the end, the final average price of each company almost lower than the price during 1050 ~ 1200 index level
2020-03-21 15:51 | Report Abuse
Fund allocation...
35% of investment fund - during range 1200 ~ 1300
35% of investment fund - during range 1050 ~ 1200
30% of investment fund - during below 1050...............
Example :-
Assumption investment fund : $ 200,000
During 1200 ~ 1300 lvl, intend to purchase 5 Co. (35% of total investmet funds allocation)
Co.A @ 2.00 = allocation of $ 18,500 = 9,200 units
Co.B @ 1.70 = allocation of $ 15,500 = 9,100 units
Co.C @ 1.50 = allocation of $ 14,000 = 9,300 units
Co.D @ 1.30 = allocation of $ 12,000 = 9,200 units
Co.E @ 1.10 = allocation of $ 10,000 = 9,000 units
If index further decelerated to 1050 ~ 1200 lvl, then another 35% of total investment funds allocation
Co.A @ 1.50 = allocation of $ 19,000 = 12,600 units
Co.B @ 1.30 = allocation of $ 16,500 = 12,700 units
Co.C @ 1.10 = allocation of $ 14,000 = 12,700 units
Co.D @ 0.90 = allocation of $ 11,500 = 12,700 units
Co.E @ 0.70 = allocation of $ 9,000 = 12,800 units
If index further decelerated below 1050, then balance 30% of total investment funds allocation
Co.A @ 1.10 = allocation of $ 19,000 = 17,200 units
Co.B @ 0.90 = allocation of $ 15,500 = 17,200 units
Co.C @ 0.70 = allocation of $ 12,000 = 17,100 units
Co.D @ 0.50 = allocation of $ 8,500 = 17,000 units
Co.E @ 0.30 = allocation of $ 5,000 = 16,600 units
## So total share holding & average price for each company :-
Co.A = $ 56,220 / 39,000 units = $ 1.4415
Co.B = $ 47,460 / 39,000 units = $ 1.2169
Co.C = $ 39,890 / 39,100 units = $ 1.0202
Co.D = $ 31,890 / 38,900 units = $ 0.8198
Co.E = $ 23,840 / 38,400 units = $ 0.6208
%% At the end, the final average price of each company almost lower than the price during 1050 ~ 1200 index level
2020-03-21 15:50 | Report Abuse
Fund allocation...
35% of investment fund - during range 1200 ~ 1300
35% of investment fund - during range 1050 ~ 1200
30% of investment fund - during below 1050...............
Example :-
Assumption investment fund : $ 200,000
During 1200 ~ 1300 lvl, intend to purchase 5 Co. (35% of total investmet funds allocation)
Co.A @ 2.00 = allocation of $ 18,500 = 9,200 units
Co.B @ 1.70 = allocation of $ 15,500 = 9,100 units
Co.C @ 1.50 = allocation of $ 14,000 = 9,300 units
Co.D @ 1.30 = allocation of $ 12,000 = 9,200 units
Co.E @ 1.10 = allocation of $ 10,000 = 9,000 units
If index further decelerated to 1050 ~ 1200 lvl, then another 35% of total investment funds allocation
Co.A @ 1.50 = allocation of $ 19,000 = 12,600 units
Co.B @ 1.30 = allocation of $ 16,500 = 12,700 units
Co.C @ 1.10 = allocation of $ 14,000 = 12,700 units
Co.D @ 0.90 = allocation of $ 11,500 = 12,700 units
Co.E @ 0.70 = allocation of $ 9,000 = 12,800 units
If index further decelerated below 1050, then balance 30% of total investment funds allocation
Co.A @ 1.10 = allocation of $ 19,000 = 17,200 units
Co.B @ 0.90 = allocation of $ 15,500 = 17,200 units
Co.C @ 0.70 = allocation of $ 12,000 = 17,100 units
Co.D @ 0.50 = allocation of $ 8,500 = 17,000 units
Co.E @ 0.30 = allocation of $ 5,000 = 16,600 units
## So total share holding & average price for each company :-
Co.A = $ 56,220 / 39,000 units = $ 1.4415
Co.B = $ 47,460 / 39,000 units = $ 1.2169
Co.C = $ 39,890 / 39,100 units = $ 1.0202
Co.D = $ 31,890 / 38,900 units = $ 0.8198
Co.E = $ 23,840 / 38,400 units = $ 0.6208
%% At the end, the final average price of each company almost lower than the price during 1050 ~ 1200 index level
2020-03-21 15:50 | Report Abuse
Fund allocation...
35% of investment fund - during range 1200 ~ 1300
35% of investment fund - during range 1050 ~ 1200
30% of investment fund - during below 1050...............
Example :-
Assumption investment fund : $ 200,000
During 1200 ~ 1300 lvl, intend to purchase 5 Co. (35% of total investmet funds allocation)
Co.A @ 2.00 = allocation of $ 18,500 = 9,200 units
Co.B @ 1.70 = allocation of $ 15,500 = 9,100 units
Co.C @ 1.50 = allocation of $ 14,000 = 9,300 units
Co.D @ 1.30 = allocation of $ 12,000 = 9,200 units
Co.E @ 1.10 = allocation of $ 10,000 = 9,000 units
If index further decelerated to 1050 ~ 1200 lvl, then another 35% of total investment funds allocation
Co.A @ 1.50 = allocation of $ 19,000 = 12,600 units
Co.B @ 1.30 = allocation of $ 16,500 = 12,700 units
Co.C @ 1.10 = allocation of $ 14,000 = 12,700 units
Co.D @ 0.90 = allocation of $ 11,500 = 12,700 units
Co.E @ 0.70 = allocation of $ 9,000 = 12,800 units
If index further decelerated below 1050, then balance 30% of total investment funds allocation
Co.A @ 1.10 = allocation of $ 19,000 = 17,200 units
Co.B @ 0.90 = allocation of $ 15,500 = 17,200 units
Co.C @ 0.70 = allocation of $ 12,000 = 17,100 units
Co.D @ 0.50 = allocation of $ 8,500 = 17,000 units
Co.E @ 0.30 = allocation of $ 5,000 = 16,600 units
## So total share holding & average price for each company :-
Co.A = $ 56,220 / 39,000 units = $ 1.4415
Co.B = $ 47,460 / 39,000 units = $ 1.2169
Co.C = $ 39,890 / 39,100 units = $ 1.0202
Co.D = $ 31,890 / 38,900 units = $ 0.8198
Co.E = $ 23,840 / 38,400 units = $ 0.6208
%% At the end, the final average price of each company almost lower than the price during 1050 ~ 1200 index level
2020-03-21 15:50 | Report Abuse
Fund allocation...
35% of investment fund - during range 1200 ~ 1300
35% of investment fund - during range 1050 ~ 1200
30% of investment fund - during below 1050...............
Example :-
Assumption investment fund : $ 200,000
During 1200 ~ 1300 lvl, intend to purchase 5 Co. (35% of total investmet funds allocation)
Co.A @ 2.00 = allocation of $ 18,500 = 9,200 units
Co.B @ 1.70 = allocation of $ 15,500 = 9,100 units
Co.C @ 1.50 = allocation of $ 14,000 = 9,300 units
Co.D @ 1.30 = allocation of $ 12,000 = 9,200 units
Co.E @ 1.10 = allocation of $ 10,000 = 9,000 units
If index further decelerated to 1050 ~ 1200 lvl, then another 35% of total investment funds allocation
Co.A @ 1.50 = allocation of $ 19,000 = 12,600 units
Co.B @ 1.30 = allocation of $ 16,500 = 12,700 units
Co.C @ 1.10 = allocation of $ 14,000 = 12,700 units
Co.D @ 0.90 = allocation of $ 11,500 = 12,700 units
Co.E @ 0.70 = allocation of $ 9,000 = 12,800 units
If index further decelerated below 1050, then balance 30% of total investment funds allocation
Co.A @ 1.10 = allocation of $ 19,000 = 17,200 units
Co.B @ 0.90 = allocation of $ 15,500 = 17,200 units
Co.C @ 0.70 = allocation of $ 12,000 = 17,100 units
Co.D @ 0.50 = allocation of $ 8,500 = 17,000 units
Co.E @ 0.30 = allocation of $ 5,000 = 16,600 units
## So total share holding & average price for each company :-
Co.A = $ 56,220 / 39,000 units = $ 1.4415
Co.B = $ 47,460 / 39,000 units = $ 1.2169
Co.C = $ 39,890 / 39,100 units = $ 1.0202
Co.D = $ 31,890 / 38,900 units = $ 0.8198
Co.E = $ 23,840 / 38,400 units = $ 0.6208
%% At the end, the final average price of each company almost lower than the price during 1050 ~ 1200 index level
2020-03-21 15:49 | Report Abuse
Fund allocation...
35% of investment fund - during range 1200 ~ 1300
35% of investment fund - during range 1050 ~ 1200
30% of investment fund - during below 1050...............
Example :-
Assumption investment fund : $ 200,000
During 1200 ~ 1300 lvl, intend to purchase 5 Co. (35% of total investmet funds allocation)
Co.A @ 2.00 = allocation of $ 18,500 = 9,200 units
Co.B @ 1.70 = allocation of $ 15,500 = 9,100 units
Co.C @ 1.50 = allocation of $ 14,000 = 9,300 units
Co.D @ 1.30 = allocation of $ 12,000 = 9,200 units
Co.E @ 1.10 = allocation of $ 10,000 = 9,000 units
If index further decelerated to 1050 ~ 1200 lvl, then another 35% of total investment funds allocation
Co.A @ 1.50 = allocation of $ 19,000 = 12,600 units
Co.B @ 1.30 = allocation of $ 16,500 = 12,700 units
Co.C @ 1.10 = allocation of $ 14,000 = 12,700 units
Co.D @ 0.90 = allocation of $ 11,500 = 12,700 units
Co.E @ 0.70 = allocation of $ 9,000 = 12,800 units
If index further decelerated below 1050, then balance 30% of total investment funds allocation
Co.A @ 1.10 = allocation of $ 19,000 = 17,200 units
Co.B @ 0.90 = allocation of $ 15,500 = 17,200 units
Co.C @ 0.70 = allocation of $ 12,000 = 17,100 units
Co.D @ 0.50 = allocation of $ 8,500 = 17,000 units
Co.E @ 0.30 = allocation of $ 5,000 = 16,600 units
## So total share holding & average price for each company :-
Co.A = $ 56,220 / 39,000 units = $ 1.4415
Co.B = $ 47,460 / 39,000 units = $ 1.2169
Co.C = $ 39,890 / 39,100 units = $ 1.0202
Co.D = $ 31,890 / 38,900 units = $ 0.8198
Co.E = $ 23,840 / 38,400 units = $ 0.6208
%% At the end, the final average price of each company almost lower than the price during 1050 ~ 1200 index level
KLCI Will Rebound Another Higher Level 1388 Soon
2020-03-24 10:39 | Report Abuse
Woo....
Engine start again....
Very high chance today closing rebound back above 1300....