trade war affects market sentiment, otherwise positive trend

China Xi surrendered, Trump won beautifully,aiya, Bears trapped miserably.

empty and baseless quessing is worthless

夜月不熟悉国际上大国的博弈，也不懂中共国的政治。

US imports 186.5 billion worth of electronic/computers and 49 billion worth of electicals from China,with new tariff 25% in place, well business may come over....

https://www.marketwatch.com/story/heres-all-the-stuff-the-us-imports-from-china-thats-causing-a-huge-trade-deficit-2018-03-23?mod=economy-politics

crooked bear spilt poison,but people stay put,undetered

sino/us trade war worry

Coup Underway In Venezuela,could lead to wider conflict involving big powers.

the RHB investment/stock banking operation in Vietnam should give great earning opportunity, as the country enjoys robust economic growth.

like GCB ,quitely climbing to new high.

gradually strengthening,no need to rush.

uncle k already traped in Dayang

why should anyone shout on this,all quitely accumulate more...

GCB corporate strategy is excellent, and well planned.

https://klse.i3investor.com/servlets/staticfile/355437.jsp

normal consolidating phase

Brent oil hit anather 2019 high , closed at $7４.３９.

Brent oil hit anather 2019 high , closed at $72.47.the forecast of $80 to be average in 2019.Malaysia economy is not running out of luck.

don't be silly ,just rest awhile ,while the focus now is on DUFU.

crazy up

great potential with 5G projects launch globally, strong demand for precision products

out dated holland stock,only calvintan interested in them,controlled by notoriously bad managewment

Brent oil hit a 2019 high above $72 a barrel on Wednesday, propelled by steady economic growth in China and a fall in US crude stocks which defied expectations and signalled firm demand, while global supply remained tight. International benchmark Brent crude futures were up 20 cents, or 0.28 per cent, at $71.92 by 1320 GMT, having hit an intraday peak of $72.27。
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once it breaks 6 rm, people will start chasing after.

need to wait till after the private placement ,in particular the price fixing process.

US-china trade dispute making great progress and find solution,this could ease off worry of all out conflict.Dufu has manufacturing unit in China,set to gain from trade solution

stay away from Umno cronies companies.

likely be this year super stock.

petroleum , electronics, two sectors would do well in coming years.

wait for petrolium price to go up, it will pull up palm oil price.Cocoa price already in good demand. SOP should diversiy some land to cocoa.

don't be silly,BN ruined the country.

你妈必然是女人。

Another blow for banking stocks
STOCKS ANALYSIS
Friday, 22 Mar 2019
https://www.thestar.com.my/business/business-news/2019/03/22/another-blow-for-banking-stocks/
by toh kar inn

PETALING JAYA: Stocks on Bursa Malaysia, which have been the worst-performing in Asia this year, were dealt another blow as the probability of an interest rate cut hit banking stocks across the board.

Financial stocks, which account for the largest weightage on the FBM KLCI, were hit on the prospect of lower interest rates affecting their profitability.

These stocks, along with the slumping broader market, dragged the FBM KLCI down 20.6 points or 1.2% to 1,663.66.

This marks the most points wiped out since the first trading day of the year, which saw the index losing 22.47 points or 1.33% to 1,668.11 points then.



Banking stocks were already under pressure following comments by Finance Minister Lim Guan Eng during Invest Malaysia 2019, which was held this week, where he floated the idea of a windfall tax on banks to get the institutions to start lending more aggressively.

Banks in Malaysia are generally posting record profits of late on growing demand for financing and also checks to keep their costs down.

Lim, however, clarified his statement yesterday and said that the government had no intention of imposing any windfall taxes on Malaysian banks. He, nonetheless, hoped that banks could be more flexible in their lending arrangements, in light of their good earnings run.

An analyst said banks with more variable rate loans would be more affected in the short term.

“Given that several banks have raised their base rate recently, the overall impact of a rate cut would be softer than expected,” the analyst said.

It was the indication from the US that there would not be any interest rate hikes this year that sent the local market down. The knee-jerk reaction was acutely felt among the banking stocks, where heavyweights like Public Bank Bhd, which fell 60 sen to RM23.86, and Hong Leong Bank Bhd, which dipped 46 sen to RM20.34, were the main contributors to the decline in the benchmark FBM KLCI yesterday.

All the other banking stocks on Bursa Malaysia had a down day. Malayan Banking Bhd slid seven sen to RM9.40 and AMMB Holdings Bhd dropped 14 sen to RM4.47. Affin Bank Bhd, CIMB Group Holdings Bhd, RHB Bank Bhd and Alliance Bank Malaysia Bhd all closed lower too.

On Wednesday, the US Federal Reserve announced that it would keep interest rate hikes on hold and between the range of 2.25% and 2.5% for the year. The market was expecting the US Fed to raise interest rates twice this year before guidance was provided by the Fed.

Meanwhile, Affin Hwang Capital is of the view that the signal of patience on rate hikes and the dovish tone of the Fed on monetary policy is warranted, as US economic growth is projected to slow this year, following its robust growth of 2.9% year-on-year in 2018.

This is possibly due to the fading fiscal stimulus and potentially higher trade tariffs if the US and China do not arrive at a deal soon.

Additionally, manufacturing output in the US has declined for the second consecutive month in February by 0.4% month-on-month.

Rakuten Trade, in its daily market report, said that the pause in interest rate hikes would provide further impetus to sustain economic growth and equity markets, though global growth remains a concern.

“Malaysia will stand to benefit from this dovish stance on benchmark rates, as it provides room for Bank Negara to look into the possibility of a rate cut to support our economic growth.

“This may in turn see a boost in our stock market, from easing monetary policies,” said Rakuten Trade.

不要傻啦，根本不能那会事。计算法不全面。属片面之词。宏观下美国赢大了。重要制造企业回归，就是赢点，坚实化美国整体经济。

just a wild guess.PAS leaders must be using this bank checking/account, but nothing to do with bank itself.

赌徒喜欢吹，亏损的时候，颓觞的一言不发，如殇考妣,一片哀嚎。稍微挣点小钱，唯恐天下人不知。

Limited banking License avaible in our country ,thus it enjoys some kind of monopoly,red sea competation cannot arise,as other industries encountered. Risk factors are limited.Once you run it in a professional way,it can bring in good return.Great room for business expansion too, particularly in ASEAN region.Look RHB bank has just enter Vietnam, by acquiring a 100% owned invesrment bank license.

with malaysian enonomy turning around, business activity robust, certainly benefits banking industry, buy while the price is still low for medium term investment..

if you are Singaporean , then you won't understand Malaysian politics/economy and ABMB, so we see you, are scratching the leg with the shoes on.ABMB in the early day was own by MCA, the change hand to former finance minister DAIM, these people are politicians , don't know how to run a bank properly,and they are surrounded by greedy cronies. Now you see a more professional body coming in , business return to normal, more over people worked so hard for a new government to put in place,and general expectation is that we could see brighter future.

somebody rely on threat rather state the fact/truth clearly , this is to refer to statement like ,"Maybe i should be the one reporting to police about you being a scammer."

FinMarket Asia is a Singapore based company, trying to advertise and get some business.
https://www.internsg.com/job/finmarket-asia-business-development-intern/

as regard to statement "We have been working with the Malaysian Police Force",mind if i ask ,did you work with them on 1MDB case.Shorties want to play game , who know ,what kind of game people are playing.

even the blinds know the current economic situation is not so encouraging,due to hugh government debts as announced by the Harapan finance minister,somebody talk about growth comparison over the years , isn't it too demanding.

Higher Q3 net profit for Alliance Bank
CORPORATE NEWS
Thursday, 28 Feb 2019

3:04 PM MYT
image: https://www.thestar.com.my/~/media/online/2018/01/22/23/52/alliance-bank-oct16.ashx/?w=620&h=413&crop=1&hash=434F1F7713334B2FE74E5FB20E92D286A5060B12


KUALA LUMPUR: Alliance Bank Bhd's net profit rose by 21.5% to RM148.93mil in the third quarter ended Dec 31, 2018, boosted by higher net interest margin and operating income.

It announced on Thursday the net profit had increased from RM122.55mil a year ago. Its revenue increased by 7.8% to RM418.40mil from RM388mil a year ago. Earnings per share were 9.6 sen compared with eight sen.

Alliance Bank's net income grew by 7.8% or RM30.4mil mainly from net interest income while its net interest margin rose by 18 basis points to 256bps.

Its other operating income was RM76.2mil. Its operating expense was better off by 8.6% or RM18.5mil while cost to income ratio improved by 8.5% to 47.0%. Expected credit loss was RM32.6mil.

广告

The banking group also performed better when compared with the second quarter. Its net profit of RM148.93mil in Q3 was up by 6% or RM8.4mil.

In the nine months, its net profit increased by 11.9% to RM425.82mil from RM380.35mil in the previous corresponding period. Its revenue rose by 4.2% to RM1.22bil from RM1.17bil.

On the outlook, Alliance Bank said it would leverage on its franchise strength to deliver sustainable profitability and to fulfill the financial needs of its customers.

“In FY19, we will continue to scale up for growth in our core businesses i.e. consumer lending and SME Banking.

“For these businesses, we will drive productivity and increase our sales capacity to accelerate loan growth, aiming to outpace industry growth. We will also enhance our leads generation and sales management through better customer and market analytics.

“In addition, Alliance@Work (our bank-at-work programme) will continue to be an important acquisition channel to garner consumer CASA and business CASA (via company payroll and online cash management),” it said.

Read more at https://www.thestar.com.my/business/business-news/2019/02/28/higher-q3-net-profit-for-alliance-bank/#COAPo6D4P1iXOtuX.99

Agree

latest financial result.
http://www.bursamalaysia.com/market/listed-companies/company-announcements/6080413

Breakthrough in Alliance Financial Group, new shareholders resolve issue
Read more at https://www.thestar.com.my/business/business-news/2016/04/13/breakthrough-in-afg/#mLcTwX8oe1svMVrG.99' target='_blank'>https://www.thestar.com.my/business/business-news/2016/04/13/breakthrough-in-afg/#mLcTwX8oe1svMVrG.99

https://www.thestar.com.my/business/business-news/2016/04/13/breakthrough-in-afg/

Langkah Bahagia’/ Vertical Theme ,now put under one nominees name

Rhb is doing well today,up 10 sen,due to better earning result ,looks like some speculative interests now going for RHB

slow and steady ,win the race!!

kyy is just like any coffee shop speculators,relying on good luck or bad luck.if you meant he did ,good and sound research,u must be joking.