i think our govt can renego and get very good terms from china. China has got a strategic plan, the what belt blah blah blah, they don't look at one part, they look at the whole project. Beside, I heard china not on good term with singapore

after all, china flush with cash, no problem

think China would be willing to nego, they don't mind losing money as long as project can go on.

GST removed, revenue will be lost,
One of the main reason BN lost bcoz their policies or way they do things increase cost of living. One of it is properties went up a lot, if you claim HSR increase lands/property a lot, if Harapan continue supporting it, they will be booted as well.

hush77 is right, there are properties/land in jhr which have been jacked up too. So they will go down too.

dont be surprised by mark up cost of projects, if u look at the auditor general report, there are always lots of procurements which are double or more of the actual cost.

well calvin, i think it may have to do with whether if the previous govt had marked up cost of these projects. There's a saying/rumour about a Mr 40%

Calvin, what would happened to properties in Jurong East now that HSR is cancelled

and of course an increase in population coupled with good economic fundamental in future will make it more affordable to implement such projects. So currently , i think priority of harapan should be on strengthen the fundamental of the country and developing human capital

the key issues with the ecrl and hsr is the cost of financing it. Ticket not enough to cover bcoz locals can't afford it or have alternatives.
Perhaps I would say that these projects are not feasible as of now but maybe in the future when the country get more developed, ppl's spending power increases, then currency goes up, then it may be more affordable. Of coz if we look at HSR, Singapore only developed about i think 15km of tracks, while our side developed i think about 300km. So the cost to singapore is much much lower than our side, Singapore definitely stand to gain more because their cost is low and their currency is X3 ours, so definitely on average they can afford the HSR ticket fees more than us locals.

so those who so support the project, you want to foot the bill for the big project? Locals can't afford the tickets, so that means is a losing money venture, of course there are spilling effect from the projects, BUT the point is who is going to pay to service the debt from the tickes? Is the govt bcoz ticket fees won't be able to cover it. So if govt no money to service debt or need to service the debt, it means that subsidies for rakyats will have to be reduced OR new taxes will have to be introduced

letter of surrender

tomorrow sure drop, is confirmed govt want to scrap hsr.

https://www.malaysiakini.com/news/427220

wow is a kaki kong kaki song counter

well, it showed both ecrl and hsr will have prob.

i thought u abandon ship?

u sure to lose money top up today

sime darby 3q profit dropped 81% http://www.theedgemarkets.com/article/sime-darby-3q-net-profit-down-81

khatulistiwa, you look like bigbrother

lots of ppl lose lots of money in this counter

i would suggest buy good counters if there are big discounts coming , not the speculative counters,

u guys don't be afraid LGE expose the cheats. While is true market will have knee jerk reaction, but it will recover later on bcoz in the end , transparency and good governance will always prevail.

if u buy sell need to tax, then to be fair, u lose money, there need to be tax relief . As for if u no job, but buy sells shares, then u r taxable, i think that is very unfair. A person who is employed can buy sell shares daily too. This is discrimination against the unemployed. The law need to be clear, no 2 set rules, one for the employed and one for the unemployed.

what price good buy?

why epf dump so much?

financial sector getting battered

buy banks with moat, not those at peak

why drop so much?

i think no online gambling, bcoz will be big problem later on.

look at the p/e

wow who is dumping? Looks like dumping in tranches

khatulistiwa, get a hold of yourself!

congrats tech spec, won the contest

ready for what?

well, US is a special case bcoz it can print money, is a currency used world wide.

buy what price?

wow, kwap kwsp competing to dump, this one a goner

timber?

wow, khatulistiwa, u buy whatever u see?

what? Sure or not, 100kg gold bars?

Breaking News: Police raided a condominum at Pavilion Residence . Seized 72 bags filled with jewellery,cash(different currencies) and 284 boxes luxury handbags

well, i sell mrcb on the eve of the election. Not bcoz i feel mrcb will fall or bcoz harapan would win but rather bcoz when i do prayer, i need faith, if i say i support i want harapan to win but at same time i'm holding mrcb, so that faith wont be strong, so i decided to throw out mrcb even if losing money.

the volume is very big, think someone or some parties are bailing out

holiday

so is co. buying back shares, no wonder there r buyers

Update: GST will be reduced to zero starting 1st June

tomorrow continue limit down
https://www.malaysiakini.com/news/425249
Prime Minister Dr Mahathir Mohamad today instructed the government to stop collecting goods and services tax (GST) and impose a fixed petrol price.

https://www.malaysiakini.com/news/425249
Prime Minister Dr Mahathir Mohamad today instructed the government to stop collecting goods and services tax (GST) and impose a fixed petrol price.

if not bad, why need bursa to intervene

i think it will create bigger problem bcoz is so bad that need bursa to intervene.