Thank you Astro.

UK doctor is a stupit doctor.

All please stay at home to prevent covid-19 from attacking U. Thank you.

Covid-19 is a merciless brutal killer !

What is wrong about drinking warm water ?

It is a part of healthy lifestyle mah.

My portfolio oredi shrink into a tiny ant now, kosongkan or no kosong kan make no difference now !

What am I to do now ?

Anyone got go to the after life before ?

I hope god no give me the virus even though it is god given to our world.

It looks like covid-19 can bring peace n cooperation throughout our whole world ?

I oredi in half living mode now !

ok.

If much severe than yr 2008, then I better kosongkan my portfolio during the coming Monday.

Correct ?

I banyak takut lah.

Your short klci = long H warrants ?

Sell FIRST when others are fearful ?

What are we to do now to face the on going mkt plunge ?

Clear our portfolio to kosong to protect our last chicken feed balance

in our portfolio ?

U all oreadi clear your portfolio to kosong in order protect our hard

earn moni from covid-19's attack ?

As Dow tumbles 900 points Friday, a bearish ‘death cross’ has appeared in its chart.

How our KLCI for the coming Monday ?

Our KLCI can tahan the DJ bearish death cross ?

Being a trade-reliant country, with trade accounting for 131% of its gross domestic product (GDP) in 2018 according to the World Bank, Malaysia has minimal chance - if any - to escape a recession if the world plunges into economic turmoil.

With key economic data worldwide continuing to disappoint amid the novel coronavirus (Covid-19) outbreak, experts say the worst is yet to come.

I oredi onli half living, now no eye see !

Take lots of spices.

What spices, please ?

Turmeric ?

Garlic ?

Cayenne pepper ?

Cinnamon ?

union ?

Even a single blow can be fatal !

Take vitamin c ?

The coronavirus COVID-19 is affecting 183 countries and territories around the world and 1 international conveyance (the Diamond Princess cruise ship harbored in Yokohama, Japan).

Covid-19 almost oredi conquered our whole world !

No one had ever done that before !

Among the big three economies, the U.S. and the euro area will see negative growth, while Chinese growth is expected to come in at a paltry 1.5%,” said Ethan Harris, head of global economics at BofA.

BENGALURU (Mar 20): The global economy is already in a recession as the hit to economic activity from the coronavirus pandemic has become more widespread, according to economists polled by Reuters amid a raft of central bank stimulus actions this week.

Source : PUBLIC BANK

Stock : TOPGLOV Price Target : 8.60 |

Price Call : BUY

Last Price : 6.27 | Upside/Downside : +2.33 (37.16%)

Affin Hwang Capital reiterates ‘buy’ on Top Glove, raises target price to RM7.50

KUALA LUMPUR (March 20): Standard Chartered has cut its 2020 forecast for Malaysia's gross domestic product (GDP) growth to 2.5% from 4.2% as the demand outlook worsens more than expected.

It expects global growth to fall to 1.3 per cent in 2020 from 2.7 per cent in 2019, which would be weaker than global downturns in the early 1990s and in 2001.

”But even on this basis we now expect eurozone growth to be minus 0.4 per cent this year. The baseline forecast for US growth is one per cent in 2020 compared with a pre-virus outlook of two per cent and GDP is expected to fall by 0.5 per cent (or two per cent annualised) in 2Q20.“

The firm has nearly halved its baseline global growth forecast for 2020 to just 1.3 per cent from 2.5 per cent in the December 2019 GEO.

How much moni WB still got ?

U think your pray at home can k.o. covid-19 ? so esi meh ?

I oredi threw in my towel, oredi got k.o. by covid-19 !

I am now reali an utmost POOR kampong kid caused by our killer Bursa !

Tolong exercise patience. Terima kasih.

As at 6pm, the ringgit was quoted at 4.4080/4120 compared with yesterday’s close of 4.3737/3844.

The ringgit has reached its lowest level since April 2017, and the local note is expected to decline even further as oil prices continue to remain under US$30 (RM132) per barrel, global equities continue to plunge and emerging market currencies remain under pressure due to falling demand.

Coming soon. Buy.

KUALA LUMPUR (March 19): The Malaysian Rubber Glove Manufacturers Association (MARGMA) is urging the Government to allow glove manufacturers to run at full capacity during the Movement Control Order (MCO) period compared with the current 50 percent operating load.

Its president Denis Low said the glove industry is currently running at 50 percent capacity as requested by the Government.

“The Government has requested that we use 50 percent of our workforce (during the MCO); as such, 50 percent production capacity will be lost.

Low said MARGMA members have received requests from 190 countries for more gloves to be supplied and even the governments of many countries have pleaded for more gloves.

(March 19): Foreign investors dumped Asian bonds in February on mounting fears over the economic damage done by the coronavirus pandemic on regional countries.

Foreigners sold a net US$3.88 billion worth of regional bonds last month, their largest net selling since April 2018, according to data from regional banks and bond market associations in Indonesia, Malaysia, Thailand, South Korea and India.

“I’d say the market is uninvestable at this point,” said Daniel Cuthbertson, managing director at Value Point Asset Management in Sydney. “Until we get a containment of global contractions, the market is just going to be directionless.”

J.P. Morgan economists forecast the U.S. economy to shrink 14% in the next quarter, and the Chinese economy to drop more than 40% in the current one, one of the most dire calls yet as to the scale of the fallout.

https://www.theedgemarkets.com/article/cash-king-emergency-stimulus-fails-stop-market-panic-0

KUALA LUMPUR (March 19): Bank Negara Malaysia (BNM) has announced a 100-basis-point cut in the statutory reserve ratio (SRR) from 3% to 2%, effective March 20.

Can the above cut bring back sunny days back to our Bursa ?

Opinion - now just alpha mkt crash onli.

Buy

Fear is only natural. But when there is a stampede for the door, the right course of action is to urge for calm and assure that the door will not be shut. Already, fear of trading suspension is exacerbating selling.

This is why The Edge disagrees with calls for the government to immediately suspend trading on Bursa Malaysia.

Yes, there will be selling ⁠— knee-jerk or otherwise ⁠— but the market also needs to be open for longer-term investors who have the staying power to buy and wait for the market uptick.

There are already circuit breakers to allow investors time to digest the situation. This mechanism can be enhanced, should the situation warrant it.

But the message that Bursa Malaysia remains open for business must ring loud and clear for all investors, who have the right to access their own assets, cash or shares.

Investors who are in the stock market should know that prices can go up and down. Those who cannot take the losses should not have been in there the first place. This may well be an expensive lesson, but all is not lost if one learns from the experience.

There is good reason none of the mature markets have shut their doors, despite even steeper losses, and Malaysia would do well to follow that example.

Shutting the door now will only see the rush for the door when it reopens – and by then, those rushing out will not just be the ones who want to leave now but also those who would have stayed.

The Philippines Stock Exchange (PSE) Index plunged 24% when trading resumed today after a two-day shutdown following steep losses. Obviously the shutdown did not achieve the intended calm.

On the Covid-19 outbreak, Top Glove said it has seen its sales order book double, on strong orders from the West on top of the initial growth in sales order from Asia.

The group also anticipates that the declaration of the Covid-19 outbreak as a pandemic by the World Health Organisation (WHO) on March 12, 2020, will eventually result in the healthcare and other sectors requiring more medical supplies such as gloves and other essential items.

https://www.theedgemarkets.com/article/top-glove-2q-profit-9-expects-solid-quarters-ahead

Glove counters - BUY

Got any case - suspension of stk mkt can prevent the collapse of stk mkt when open after suspension ?