'growth of 5.8%' ... ini kerja keras Pak Din kita, bukan puji Mat Salleh lah !

According to a statement by the Finance Ministry (MoF) yesterday, Fitch has also projected the Malaysian economy to register a growth of 5.8% in 2021.

Hidup Malaysia !

Our Pak Din will speak to us today at 4.00 pm.

“Right now is a good time to get back into markets and take advantage of the decline in equity markets to position for the rebound,” Ardagna added.

Her comments follow the advice of Goldman’s investment strategy group from mid-March, which advised clients to gradually add risk assets after the big pullbacks.

“When valuations are so low, when there’s been pretty sharp drawdowns in equity markets, on a 12- to 18-month horizon, the probability of getting a positive return is pretty high,” she said.

Sometimes, we wait for a share price to come down for us to buy chip n it wont come down. Why like that ?

Mani low liners oredi got fallen to rock bottom prices !

Now how to fall some more ?

I no know.

Please share your info here. Thanks.

The more we wait for the mkt to come down, the more we miss all the chip shares !

The mkt is up, up n away !

KLCI bottom was reached at 1207 pt on 19/3/2020.

Now KLCI = 1367 pt.

The mkt was oredi up by 160 pts !

I am wori I will be left behind further if I no masuk now !

If no vaccine is found, continue lockdown n continue give free moni to the rakyat ?

Many oredi miss the boat$$$ ?

HONG KONG (April 9): Asian tycoons are looking to snap up assets pummeled by the deadly coronavirus at bargain prices, but they are also facing hurdles as more governments seek to deter foreign takeovers of local firms.

Over the past three months, top executives of companies based in mainland China, Hong Kong and Singapore have told investors that they are looking for acquisitions. They include Victor Li, who took over Hong Kong’s CK group from his father Li Ka-shing two years ago, and billionaire Guo Guangchang, the founder of the acquisitive Chinese conglomerate, Fosun Group.

https://www.theedgemarkets.com/article/li-kashings-son-among-tycoons-seeking-cheap-assets-after-rout

The rich people are also looking for chip sale to buy now !

Most likely a winner if we go in now ?

Buy some n try ?

Just buy some n keep.

U got see today Harta is up 18 sen !

Supermx n Harta are both making gloves.

KUALA LUMPUR (April 8): Rakuten Trade Sdn Bhd has seen more than 11,000 new accounts activated in March, a 100% increase from February, during the movement control order (MCO) period.

In a statement today, the country’s first and only fully digital equities broker said more than 64% of the total new accounts opened in March were during the first phase of the MCO period alone.

11,000 new accounts activated in March, a 100% increase from February !

These new players sure got infected with FOMO disease lah.

KUALA LUMPUR (April 8): Rakuten Trade Sdn Bhd has seen more than 11,000 new accounts activated in March, a 100% increase from February, during the movement control order (MCO) period.

In a statement today, the country’s first and only fully digital equities broker said more than 64% of the total new accounts opened in March were during the first phase of the MCO period alone.

NEW ACCOUNTS opened ! These new players got FOMO disease !

Agreed with u, n thank for sharing your info.

At the current price, the loss is very small compared to the big upper potential gain !

Biohldg ... ttb darling lah.

Some seasonal factors only ?

Lambo is super chip, it only come once in our lifetime.

Just get some only so as we wont be left behind.

Last night, US mkt got infected with the FOMO disease which is more deadly than covid-19 !

So chip now, almost a sure winner !

Accumulate some.

Some Asian markets surge into bull territory.

Oredi in bull territory lah ! Please wake up . Thanks.

https://klse.i3investor.com/blogs/kianweiaritcles/2020-04-07-story-h1485844069-Some_Asian_markets_surge_into_bull_territory.jsp

Lambo ... super chip now.

Just buy some n keep. Don't be left behind lah.

Just buy some.

Our Pak Din is doing GREAT !

Hidup Pak Din !

FOMO disease is spreading everywhere, even to all the i3 experts !

Now the whole world got infected with FOMO disease !

This disease is even more deadly than the covid-19 !

Mani countries oredi got started the un-lockdown mode or re-start economy mode now.

Buy when shares are chip !

Mani countries oredi in re-start economy mode now like China, Austria, Hungary, Iran ...... ?

Buy on dips so as we are not left behind !

Please read below. Singaporeans oredi got infected with FOMO disease now ! Thanks.

Author: Tan KW | Publish date: Mon, 6 Apr 2020, 11:18 AM

SINGAPORE: Record low interest rates are tempting some retail investors in Singapore to load up on debt to buy shares, just as the coronavirus outbreak creates the most volatile markets since the global financial crisis.

Earlier this year, 31-year-old insurance agent Heng Kai Sheng got advances on three separate credit cards to the tune of S$150,000 (US$105,000).

With the money, he opened a share-financing account at a local bank and pledged the lot as collateral.

He was granted leverage of around 3.5 times, a S$500,000 kitty Heng’s plowing into the stock market.

“As Asians, our parents always tell us ‘don’t borrow money, repay your mortgage as soon as possible’, ” said Heng, whose initial S$170,000 share portfolio now totals about S$135,000. “But money is so cheap.”

According to preliminary data from the Monetary Authority of Singapore, bank financing for stock purchases by retail investors rebounded in February after three consecutive months of declines.

Individuals pumped around S$2bil into equities in March, 50% more than the previous month, Singapore Exchange Ltd data showed.

The increase comes as the nation’s benchmark equity gauge registered its worst quarter since the global financial crisis. The SPDR Straits Times Index ETF, the largest Singapore-listed exchange-traded fund tracking the city-state’s stocks, saw net inflows of about S$247mil in the three months ended March 31, its largest quarterly boost since 2002, Bloomberg-compiled data showed.

“There are probably new and existing investors who aren’t leveraged who would definitely want to take advantage of the sell-off to buy shares, ” said Joel Ng, an analyst at KGI Securities (Singapore) Pte.

There are also some suggestions retail investors may be using their homes as collateral to borrow money.

David Gerald, founder of investor lobby group Securities Investors Association (Singapore), said he was aware that investors “may want to refinance their housing loans” in the low-rate environment to free up cash for equity investments. However, “investors should be cautious not to over-leverage” in volatile markets because they may face margin calls, he added.

Not everyone is joining the party. While share financing by banks rose in February, the amount decreased 11% when compared to a year ago. And according to Ng, margin calls “really intensified” in March, particularly for private-bank clients who were sold leveraged products or who took on debt to buy real-estate investment trusts.

Heng said he had a three- to-five-year horizon for his investments, and maintains he’s doing the math to make sure he can always cover the interest, which ranges from 1.38% to 2.03% on the credit cards.

Some of the shares he bought include Oversea-Chinese Banking Corp, which slumped 21% last quarter, Singapore Telecommunications Ltd, down 25%, and Mapletree Industrial Trust, which declined 6.5%.

Heng knows he’s taking a risk but he’s not too worried.

“For young people like us, even if you fail, you can make up the capital, ” he said. “If you have sufficient earning power, you should take a bit more risk.”

- Bloomberg

Even if the death rate is very small, covid-19 got make the mkt chip

for the rich to buy shares chip n become richer !

Covid-19 is actually very good for the rich people like WB to become

richer !

Please practice safety distance everywhere.

Safety distance ... the no. 1 law of good health for all now !

If we break this law, we got to pay with our life as forced by covid-19 !

Pak Din, I am with U fighting against covid-19.

Kita akan bangkit semula !

Hidup Pak Din !

SINGAPORE (April 6): Singapore announced S$5.1 billion ($3.55 billion) in additional economic spending such as wage support, waiver of levies and one-off payments to combat the coronavirus pandemic.

“This is an unprecedented budget for extraordinary times,” Finance Minister Heng Swee Keat told parliament on Monday, just over a week after the city-state unveiled more than $30 billion in new support measures as it braces for its worst recession.

On Friday, Singapore said it will close schools and most workplaces for a month as part of stricter measures to curb a recent jump in coronavirus infections. Singapore has reported a total of 1,309 infections and six deaths from the coronavirus.

Heng said the new measures unveiled in the third budget will increase the total spending on coronavirus relief to S$59.9 bln or 12% of gross domestic product (GDP). He said Singapore will draw an additional S$4 billion from its past reserves to fund the new measures.

“The situation remains highly fluid and uncertain. The government stands ready to provide further support should it become necessary,” Heng said.

Heng said Singapore’s overall budget deficit for financial year 2020 is expected to increase to S$44.3 billion, or 8.9% of GDP.

Ah Heng is going all out war against covid-19 ?

Our Pak Din is going to follow suit this evening at 4 pm TV time ?

It looks like FOMO disease is spreading around the world now ?

I am worried I will be left behind !

What to do now ?

Just buy a little bit, n U wont be left behind.

Coming.

Lousy ... ok so long it is not lousai !

Mak Cik Kiah or Pak Din on TV showtime ?

Please just ignore those few minute n tiny new cases with tiny economic loss !

China got far more important things to do.

Buy on dips n sell on rally during mkt fluctuations ?

In short, all players no make moni bcos they buy high n sell low.

To make esi moni, just buy low n sell high.

Now, is it low or high ?

I think our Pak Din is doing a good job on Covid-19 n even prayed for us for all Malaysian well being.

He made sure no one is left behind like the Singaporean army actors !

Masuk some pharma counters n U wont be left behind !

Pharma counters / glove counters ... strongly supported by covid-19

U no have to target so high lah.

Pharma just simply got a lot of UPWARD expansion.