The main issue is the rich Chinese reluctant to trust CCP. The dream is trying hard to earn as much as possible and migrate to Western countries once opportunity available. It indicates that China is not a good place for a living. How a country can be number 1 when their folks keep dreaming moving out of their homeland when they become rich?

https://www.cnbc.com/2018/07/05/more-than-a-third-of-chinese-millionaires-want-to-leave-china.html

Bursa Geng! KLCI stay at 1700 level even though Foreign Funds (FF) are running out of Bolehland like no tomorrow. We are on track to achieve lowest FF shareholding in year 2009. RM 4.9 billion of shares to go to hit the target.

FF sold Bursa shares worth RM 28.8 billion since 1 Jan 2014. Don't worry about KLCI. Good news is ....It won't drop much even if DJ stages another correction of 50% cause our economy is moving ahead of US.

We also worry of tax returns. You have to keep the records for 7 years. It's rather complex to compile unless you have set up a system strictly. Quite taxing if you are a frequent traders.

If one earnings 100% profits in the market share market during bull run for 5 years and paying CGT. But good time won't last for long and he suffer 50% loss in 6th year alone. Is it CGT sufficient to kill an investor?

What would happen to RM against USD if FF dispose another RM 10 billion of shares? Forex 5.0 is not a myth lor..really no eye see.

If our listed companies earnings on the rising trend, FF and retailers may not really mind for paying CGT. But our corporate earnings sucks and yet PH government intends to levy CGT. They seems being LCLY lor.

Yeah. Now, Foreign Funds are exiting massively. Bursa companies QR earnings sucks. After adding CGT, retailers would be certainly hiding somewhere. who are going to play with us?

No... it's adding chilli power to wound.

Najib was so hungry for money and yet he didn't dare to touch CGT since he knows the consequences of spooking investors and squeezing economy pie smaller. PH Geng!

No goodies and major manifestos koyak. Many city folks won't be happy. It's not Chinese alone. DAP is preparing for one term.

We thought PH was able to cover the shortfall from abolishing GST through cutting expenditure from improving efficiency and reduction of corruption. Now, GST is replaced with SST plus new taxes. Tolls abolishing fail. No reduction in petrol....What kind of manifestos...

Good points raised by Jay. PH government intends to cover the shortfall in budget through adding new taxes simply and without doing a proper studying the consequences.

How would you respond if you engage a new CEO to revamp the company and the CEO knows revealing negative facts and keep putting blame on former management team?

I believe most of the Bursa investors feel dizzy for what PH has done for the past 5 months. Foreign Funds keeps throwing their shares like no tomorrow.

PH government cabinet team seems rather fresh. They don't know how to twist and turn the policies to please Rakyat and attracting FDI. They only know in reveal all the negative facts....spooking foreign investors. People also fed up with all the blames in previous government repeating again and again.

What's the difference between abolishing GST and restoring SST plus additional taxes? The net effect seems not much after taking into account confusion to the public. Another big issue is Tolls abolishing fail. PH government is seen simply dish out their manifestos to fish Rakyat. Why not restore back GST and abolishing tolls? At least, the government fulfill one of their major manifesto.

Nice and Quick correction has completed. Go go go!

What to do? Rakyat are required to pay PH government for their learning curve. It is unavoidable. Hopefully, it won't long time for learning to manage the country.

Be realistic and know where we standing. If you are a young and beautiful lady, men don’t mind to spend more money and time dating. What if you are old and no money (not broke)? Investors are alike men. Wakaka

Bursa market liquidity is drying up and Government forces us migrating to foreign market.

Don't worry. Our government got the first right ban government funds from investing overseas market.

Posted by Speedy Boy > Oct 11, 2018 05:54 PM | Report Abuse

Local funds will be the first to feel the impact! Our EPF, Tabung Haji, KWAP, PNB and so forth will be forced to go outside of Malaysia for investment! Please Pakatan! Don't be too short sighted!

Our government 'think' Bursa is so attractive to investors nowadays. The government officials should do more research and comparing with our neibour countries rather than simply dish out a new policy.

Most Bursa listed companies have posted lackluster earnings in past few quarters. This trend is expected to continue until next year. Nothing interesting in Bursa. It could be good move for investors migrating to Singapore and Hong Kong market or even Vietnam market. Haha

BN loves his 3rd national car project cause they might have the opportunity to turn it into their manifesto for scrapping this project. Wakaka

Loaded more this morning.

PH government should have indicated clearly what kind of tax to be imposed in near future. No point haunting investors with plenty of uncertainty. How the government expects investors to digest all the negative sentiments? Trade war, regional currency depreciation...

Is it the government going to take a stress test for Bursa investors?

PH government should have indicated clearly what kind of tax to be imposed in near future. No point haunting investors with plenty of uncertainty. How the government expects investors to digest all the negative sentiments? Trade war, regional currency depreciation...

There are so many options available for investing in regional markets. Bursa is just a small potato in comparison with regional. If PH impose capital gain tax, think many investors would vote for BN in next election.

Imposing capital gain could create havoc to investors.Not to talk the response of retailers, foreign funds would certainly flee away at faster pace. what is attractive in Bursa now other than uncertainty of government policy? I would rather move out Bursa if PH imposes capital gain tax.

LGE shows us his power again through giving a kind 'warning' for reducing stakes in GLC? He seems wanted to create a panic to the market. Simply get the funds mangers sell GLC companies...why talk so much to haunt investors. sigh....

Better to avoid imposing capital gain tax. It’s great if PH government could increase sin tax, sugar tax..

GST is the best solution and effective way of collecting tax. PH is moving backwards for applying SST.

RM is expected to weaken against USD further in tandem with CNY depreciation due to trade war getting intense. Good to stick with export related counters maintaining growth.

Gamuda Geng! A local construction company dared to fight back with the government. If the company were located in US then it might not have to worry much in government intervention. This is Boleh Land man....is it smart enough to mess up with the government?

OK. Buy la since CharlesT sifu said so.

Gross premium earned seems trending downward since past 3 quarters in its reinsurance and takaful business whereas Takaful has been doing quite well recently. What had happened to MNRB?

Posted by CharlesT > Oct 5, 2018 11:10 AM | Report Abuse

Up Down proceeds fm rights issues shall be used for biz expansion... bsides price oredi drop a lot ever since july...worths a look

CharlesT. EPS is diluted heavily after completing right Issues. Any potential big improvement in earnings?

We conditioned our mind to hold longer period so long as the company is able to maintain its growth in earnings. Why want to sell early?....unless the share price shot up and PER reaching 30x. Currently, it’s traded at PER 15x and cheap cheap in comparison with glove sector. Lolz

Yeah. We can keep SAM for the next few years.

Go Go Go! Time to move upwards after price has completed consolidation recently.

3i portfolio is really outstanding during bear market. Investors are being risks adversed in the bad times with the priority of capital protection. This is another proven track record for consumer staple business. It won't last for long. Many companies have been badly hit by surging in commodity prices in past 2 years. We are waiting up cycle bottom line in second liners.

Market could stage a rally after hitting lower than expected tariffs. Trump doesn't dare to pop the DJ bubble. Wall street traders love him creating market volatility through his big mouth. It could be a good opportunity for his friends to snap up cheap stocks in China now.

Trump got no ball to hit with 25% tariffs but at least 15% la. 10% is somewhat ludicrous. He has been talking coke so much for few months and chicken out in the end.

Beware of pre-operation costs while the new factories put into operation. It may eat up the profits contributed by the existing plants.

Time...is Life .....is $$$. We may have the tendency of putting our time in $$$ form. Count how much time and money worth before having a fun with family. How much $$$ costs for sleeping and rest.....this we call it LIFE? Lolz

Posted by EngineeringProfit > Sep 15, 2018 05:34 PM | Report Abuse

And TIME .....in a way.....is LIFE

It doesn’t mean getting sack. There are more conditions besides getting sack. Hard to say la.

Posted by probability > Sep 15, 2018 10:13 PM | Report Abuse

getting sacked you mean...i am just hoping that will takes place sooner than later...

so that i dont have any guilts..he he

Probability. What I meant is “ the minimum capital requirements stated by Icon.

Back to reality in business. People are making money in stock market. better look for good counter to buy now.

Why our leaders scare about RM heading south? RM Depreciation doesn’t mean not good to certain extent. At least it makes our export products more competitive since we are an exporting country.

We can’t say he is wrong. It’s also a fact by making a comparison in different period. Next time, they would move back dated further ie 2016, 2015 and 1998. Lolz