420 coming soon..

Ya, it is time for them to cover back..

Shortists ah.. 突然好想你。。lai lai

Bloomberg News

July 10, 2023 at 7:54 PM GMT+8Updated onJuly 11, 2023 at 10:09 AM GMT+8

 China Signals More Economic Aid After Property Debt Relief

Financial firms to provide one-year loan extension to builders

State media suggest more steps to help real estate are likely

山重水复疑无路，柳暗花明又一村。(copy and paste..)
This is written by the poem 陆游 (Lu You) in Song Dynasty. This poem describe a experience when poet travel during village but at the same time it has a lot of philosopher meaning inside.
We can translate this sentence..: when you walk to a place into the same mountain and water again and again, wondering there is no way to get out. Then suddenly, you find another village under the shade of willow and glitter shining of blossom.
It is also used for a lot of situation when you come across some hardship in your life and feel there is no way to get rid from it. Then suddenly, you will find another way from a different perspective. No matter how hard the future shows, when people insist on their initial heart and keep trying, hard-working, life will 绝处逢生 (getting relive from the dead place/situation)! And people will turn into a totally different life realm and future.

So never give up, who knows what is waiting for you in the next place where lantern light is dimly shed..

山重水复疑无路，柳暗花明又一村。。go.. go GenB

GenB .. my view,

380 20%
450 50%
500 30%

Expire in 90 days.
It's the best time for fishing.., let's goreng

https://youtu.be/zybEilglrcA

China Economic pains just worsen! Singapore next

Genting will be next ..

Ang moh's politicians 是沒有口德和道德可言，if they purposely hold the interest rates high..high, by maintaining the inflation at around 4%..won't be surprised, many countries going to become like sri lanka. But China 也不是省油的灯, that's why this high interest rates environment may continue into 2024..

Temasek sailing into the "green" sea.. full of opportunities

For reading pleasure..

https://www.weforum.org/agenda/2023/05/how-asia-green-economy-transform-world-next-decade/

How Asia’s green economy will transform the world in the next decade

https://www.statista.com/statistics/1028261/price-earnings-in-the-energy-and-environmental-services-sector-in-europe/

The energy transition..
Trailing and forward price to earnings ratio (PE ratio) in the energy & environmental services sector in Western Europe 2023, by industry

According to Statista, the power company and renewable energy sector has trailing PE of over 50 because of the energy crisis. The forward PE is around 14 to 30 as shown.. don't miss out on the Green Growth

美联储债务高于资产 或爆发信任危机
https://www.chinapress.com.my/?p=3506063

https://www.cnbc.com/2023/07/10/asia-markets.html

Asia markets mixed as China’s June inflation data miss expectations

Macro environment could be a real concern..

五 穷 、 六 绝 、 七 翻 身 ...?

来 到 了七 月 ，到 底 穷 和 绝.... 到 底 了 吗 ？

萬一真的中国旅客不回耒了...。那我们这些忠实的supporters 可以做什么? 一起goreng 也好

Chinese tourists didn't come... never mind, let's goreng 3182. Lai...lai

https://www.bloomberg.com/news/articles/2023-07-09/millions-of-chinese-staying-home-shackle-southeast-asian-growth

Millions of Chinese Staying Home Shackle Southeast Asian Growth..

Cash is king ..

https://youtu.be/HYFb9lRqHck

国行不升息, 其背后原因...，馬币会继续貶值? 銀行股会继续...

Run, foreign funds ...run!

堅持的人会改变命运。。

""The West is quietly pumping.. to hold interest rates high"", while China has no choice... can only lower the bank reserve ratio. Genting investors, on the other hand..., have no choice but to endure the up and down of the share price roller coaster... 唉

To tame the redhot property market and... avoid adding fuel to the economy, China has implemented a restrictive monetary policy... no expansionary measures to stimulate the economy.

This is a financial war between US and China...considering China's property debt crisis, US will keeps "printing" to maintain interest rates high.. high, it's unlikely to decrease in the near term and mid term

堅持的人会改变命运。。

GenS to visit 0.80 again..?

https://youtu.be/sTE0N4Jy5lk

https://youtu.be/sTE0N4Jy5lk

今年上半年訪我国的。。中国旅客只有42萬人是2019年同期訪客人次的23%。。truly for "goreng" only

No doubt, it's about time for this giant to rebounds.

Get ready for the showtime

Oh! GenB drops due to PH... ?
Then better change the government to PN ..

Wah...! Look like I have to postpone the fishing trip to 2024..

https://www.reuters.com/markets/major-banks-cut-china-2023-gdp-forecasts-recovery-falters-2023-06-16/

Major banks cut China 2023 GDP forecasts as recovery falters


https://www.cnbc.com/2023/06/27/hsbc-global-economies-are-out-of-sync-2024-will-be-a-year-of-contraction.html

A U.S. recession is coming this year, HSBC Asset Management warns — with Europe to follow in 2024

Fishing season 遥遥无期 ..

The warning formed part of a research note examining the various impacts of China’s economic slowdown on Malaysia after Nomura’s China economist, Dr Ting Lu, recently lowered his GDP growth forecast for China to 5.1% for 2023, down from 5.5%, and ...
3.9% in 2024, down from 4.2%. The downgrade was due to the “worsening downward spiral of major activity data..

https://www.asgam.com/index.php/2023/07/03/maybank-tips-genting-singapores-mass-gaming-revenue-to-surpass-pre-covid-levels-in-2023-but-profit-growth-sluggish/

Maybank tips Genting Singapore’s mass gaming revenue to surpass pre-COVID levels in 2023 but profit growth sluggish

https://www.asgam.com/index.php/2023/07/06/nomura-warns-genting-berhad-genting-malaysia-at-risk-from-chinas-economic-slowdown-as-tourism-recovery-slows/

Nomura warns Genting Berhad, Genting Malaysia at risk from China's economic slow down as tourism recovery slows

https://hype.my/2023/337854/rm1-bank-note-10-sen-coin-worth-rm6000-rm500/

RM1 Bank Note & 10 Sen Coin Worth RM6000 & RM500 Respectively..

I want to sell mine..

30年来首次！ 韩国开放银行业竞争【内附音频】
https://www.chinapress.com.my/?p=3500668

韩国总统尹锡悦今年稍早抨击银行正在享受“金钱盛宴”，意即从存贷款利息中...轻松获利，并在借款者难以应付高利率下，发放给主管高额奖金。之后金监机构成立专案小组，
反垄断机构也对主要银行展开调查，以评估他们是否联合操纵贷款利率。

The future of investments may not be... banks and Reits

Eagerly awaiting for the fishing trip..

https://www.businesstimes.com.sg/international/global/us-says-it-opposes-export-controls-china-metals-will-consult-allies

Other risk is...if US-China relationship deteriorate further, will China closes its doors to the outside world...? Highly possible hor... think about the history of 萬里長城..

GenM is better..?

Investors are not optimistic about the upcoming results of Wynn and Las Vegas Sands... left with the ang mohs playing and shopping in the casinos kah?

My personal view...,
The greatest risk associated with buying and holding this stock lies in the US-China relationship, rather than the outcome of the 6 州选举.. It is highly likely that the US-China relationship will deteriorate further, given the ongoing cycle of control/ managing disputes between the two nations.

路过... so quiet

Hopefully, no green wave in Penang

https://youtu.be/rS6crCim5h8

A couple who retired at 40 in Penang

https://youtu.be/gfNRmV-lFrM

Early retirement in Penang, Malaysia

After Sembcorp, Keppel corp.. the next "green wave" is Seatrium

https://www.mckinsey.com/featured-insights/future-of-asia/green-growth-capturing-asias-5-trillion-green-business-opportunity

Ride on the Green Growth: Capturing Asia’s $5 trillion green business opportunity

To ride on this Green growth, just follow Temasek

Sorry...Who is Pak lebai?

https://theedgemalaysia.com/node/673650
Singapore to change tax rules to attract the super rich

Good sharing by RWG

https://www.mckinsey.com/featured-insights/future-of-asia/green-growth-capturing-asias-5-trillion-green-business-opportunity

Ride on the Green Growth: Capturing Asia’s $5 trillion green business opportunity