PART 2

Some Chinese are clueless

http://www.malaysia-today.net/some-chinese-are-clueless/

In fact, Malaysian Chinese do not need to leave Malaysia in search of work — estimated at about one million overseas Malaysians. They can join the army or police or become prison guards. Of course, just like the Malays, these Chinese would earn a mere few hundred Ringgit a month and you can earn more than that just selling pirated DVDs.

The problem is Malays do not mind earning RM700 or RM800 a month to do ‘dirty’ work while this type of career is too beneath the Chinese. But for RM3,000 a month or more Chinese would probably be quite prepared to do such work but then they will have to migrate to Singapore to earn that type of salary.

There are times, however, when even Malays will not want to do the dirty work at very low pay. So the Chinese businessmen need to employ immigrant labour. But even immigrant labour can be expensive if done the legal way so they prefer to employ the illegal immigrants, which is far cheaper since they are illegal. We even have that problem in Manchester’s Chinatown, not only in Sungai Buloh. Did you know that even Hong Leong’s housing project employs illegal Indonesian labourers (or at least Hong Leong’s contractors do)?

Why does Hong Leong not insist that all their contractors employ only Malaysians, not immigrants, legal or otherwise? There are many Malaysian Chinese working overseas. Can’t they go back to Malaysia and work with Hong Leong building houses for a few Ringgit a day?

We should look at this issue not from the lenses of race. Just because Indian Muslims own and run Mamak shops and Malays do not own and run Mamak shops does not make Malays lazy. And just because Malays are prepared to work for the government at a few hundred Ringgit a month when the Chinese will not do that does not mean the Malays are ‘hiding’. After all, the Malays are doing the jobs that are not good enough for the Chinese anyway. And if the Malays will not do that work then you would need to employ foreign labour.

And is this not another issue, too much foreign labour in Malaysia? So be grateful that there are at least some Malays who are prepared to work for less than RM1,000 a month. And don’t call them lazy because they work for pittance. Would the ‘hardworking’ Chinese do these jobs if the Malays will not?

PART 1

Some Chinese are clueless

http://www.malaysia-today.net/some-chinese-are-clueless/

Raja Petra Kamarudin

Respectfully Malays can be considered lazy as there is no country in this world where the sons of the land can’t even open, operate and own their own restaurant in their own country. They eat in Mamak India restaurants, hid themselves either in kampong or working in no risk Government service or GLC. — Be Way

That was a comment posted by a reader who goes by the name of ‘Be Way’. There are no details as to the identity of this person. There is no real name or photograph on this person’s Facebook but it appears like this person is a Malaysian who is either studying or working in Taiwan.

Normally I would not bother to approve anonymous comments posted by people who just want to throw ‘racial’ stones and hide their hands. You can scream freedom of speech and all that but you need to be accountable for what you say. Hence if you are too cowardly to reveal your identity then you do not deserve freedom of speech.

What is the purpose of comments such as the above anyway? Is this meant to start an intellectual debate as to why the Malays are by nature lazy? If so then I would be very happy to engage you in a discourse. But you need to be brave enough to reveal yourself and not throw stones while hiding your hands.

‘Be Way’ said Malays hid(e) themselves either in kampung(s) or (by) working in no risk government service or GLC(s). What does this mean? How do you hide yourself by remaining in kampungs or by working for the government or government-linked companies?

‘Be Way’ also said Malays are lazy because they eat in Indian Muslim (Mamak) shops instead of opening their own restaurants. If you were to tour Kuala Lumpur you will see many Chinese eating in Mamak shops as well. How many Mamak shops are owned and operated by Chinese? Does this mean Chinese are also lazy because there are no Chinese-owned Mamak shops in Kuala Lumpur?

And if a Chinese does open a Mamak shop will it be called a Mamak shop or will it be called a Chinese shop? It is called a Mamak shop because the shop is owned and run by Mamaks. If it is owned and run by Chinese you would not call it a Mamak shop. You would call it a Chinese shop even if that shop does have roti canai on its menu.

In fact, some Chinese shops do have roti canai, nasi lemak, rendang, and so on, on its menu. But you do not call these shops Mamak shops. You call them kopitiams. And kopitiams offer Indian (Mamak), Baba/Nonya (Straits Chinese), and Malay cuisine as well.

‘Be Way’, who I suspect is in Taiwan, may not have travelled to Terengganu or Kelantan. If he (or she) had, then he/she would have seen many (and I do mean many) Hainanese Chicken Rice shops owned and run by Malays. They sell only chicken rice and nothing else. And some of these chicken rice shops are so popular that the customers are non-stop from breakfast to midnight, every day of the week, Fridays included.

Why are there no Chinese owned and run Hainanese Chicken Rice shops in Terengganu and Kelantan? There are many Chinese living in Terengganu and Kelantan. But they own and run furniture shops, supermarkets, pharmacies, car dealerships, motorcycle dealerships, finance companies (many which are actually loan sharks or money lenders), hotels, and so on. But none own and run Hainanese Chicken Rice shops. The Malays control that market.

Some Chinese salesmen who need to travel to Terengganu and Kelantan at least once or twice a month complain that during the fasting month of Ramadhan they find it very difficult because most eating shops would be closed during the day and only open around tea-time. Hence they cannot find a place to eat.

Why is this so? Well, it is because most of the shops are owned and run by Malays so they close during the day during Ramadhan and only open in the evenings. Does this not mean the Malays practically monopolise the restaurant business in Terengganu and Kelantan?

So people like ‘Be Way’ need to be more sensible in their comments. Just because Malays do not own and run Mamak shops in Kuala Lumpur does not mean Malays are lazy. Go to Terengganu and Kelantan and see how industrious and resourceful the Malays there are.

Many Malays who migrated to the cities such as Kuala Lumpur did so in search of work, not to open restaurants (although some Malays do in some parts of Kuala Lumpur). Many Chinese migrate to other countries for the same reason as well, such as those Chinese who go to Singapore or come to the UK. You cannot expect 18 million Malays to all open and run eating shops.

In that same spirit, why do Malaysian Chinese migrate to Taiwan, Hong Kong, Singapore and many European countries to look for work? Why are these Chinese too lazy to stay in Malaysia and open a restaurant?

Post removed.Why?

Post removed.Why?

watch this next few week. :-) . Its together with ASIABIO...SANICH....FOCUS

Hahaah kan i told you so yesterday ASIABIO......SANICHI.....FOCUS... :-)

U.S. crude jumped 6 percent on Thursday, recovering from part of the previous session's slide after China took steps to pour liquidity into the world's second-biggest economy, although traders and analysts said oil's outlook looked weak.

Crude snapped a four-day winning streak on Wednesday, when the U.S. government said crude inventories increased by 6.3 million barrels, rising for a fourth consecutive week to hit a record high.

The market gained support on Thursday from optimism that steps by China's central bank to pour in fresh liquidity would spur demand for energy in the second-largest oil consumer after the United States.

this is crazy. oil shoot almost 7% now for WTI and BRENT. BRENT Heading for 60 USD. All analyst now stunt and shock with this shoot of price. Those selling SUMA yesterday will be so mad now. Its Crazy rally for oil.

and if see ahhh...i jump from ASIABIO to comment on SANICHI Now.Hheheheheh.

limember i said to all from last 4 Week. Watch ASIABIO...SANICHI...FOCUS. :-)

heheheh i will come to eat this.But not now. Will eat veli veli soon.heheheh

huh selamat not shoot up today.they still accumulate.

PART 3: Tong Kooi Ong the Malaysian Economic Hitman uses his media empire to excessively defend against allegations made on unknown blog. The Economic Hitman saga continues.

https://malaysianexpose.wordpress.com/2015/02/04/part-3-tong-kooi-ong-the-malaysian-economic-hitman-uses-his-media-empire-to-excessively-defend-against-allegations-made-on-unknown-blog-the-economic-hitman-saga-continues/

Malaysian Economic Hitman Tong Kooi Ong is attempting to divert from the real issues in question affecting everyday Malaysians by manipulating The Edge Media Group to report ultra negative and biased news for his personal gain and loss for millions of Malaysians!!!

The real issues affecting Malaysians are:

1.Is “Malaysia Economic Hitman” Tong Kooi Ong shorting the RM for his personal gain? His USD1b or more position before considering his multi billion hedge fund friendlies. For more information on shorting see previous expose (https://malaysianexpose.wordpress.com/2015/01/28/how-tong-kooi-ong-is-attempting-to-break-bank-negara-and-crash-the-rm-2/)
2.Is “Malaysia Economic Hitman” Tong Kooi Ong using media empire, The Edge Group to purposely write negative news to drive all investors out of Malaysia, create negative sentiment in Malaysia, cause the RM to drop, and allowing him to make a handsome profit while committing treason to the Malaysian public and making all Malaysians suffer?
Excerpt 1
“The blog also accused me of using The Edge Media Group to irresponsibly paint Malaysia in a negative light for my personal benefit. I have already vehemently and absolutely denied that I have ever shorted the ringgit. I do not think it is even possible. I have also never shorted equities. How can I possibly gain from painting Malaysia in a negative light? News media communicates with society by presenting facts, analyses and commentaries on important matters happening around them. Sometimes, they are positive and critical, and other times, they are not. We believe readers want all the facts and views, and they are smart and savvy enough to make up their own minds using the information given to them. We doubt that they can be manipulated.

Over the past 20 years, The Edge has contributed positively to the country by promoting social and economic inclusion. It has the highest level of editorial credibility and it is successful because of this. Our views and reporting are done in the open.” – Excerpt from Tong’s statement on TMI

By purposely publishing damaging articles on the Malaysia Economy and portraying a doomsday sentiment, Tong Kooi Ong manipulating public sentiment for his personal gain.

Below are headlines from The Edge Media Group that Tong Kooi Ong considers “positive”? What you see is what you actually get below! Tong is lying outright!

Speculators like Tong would make money off the falling ringgit due to media created perception of the doom like economical state of Malaysia. Tong would kill two birds with one stone. He would get his revenge and make lots of money of it.

The expertise

Let us not forget that Tong Kooi Ong built Phileo Allied Bank (Malaysia) Berhad with the help of “his political master and boss” before selling it to Maybank (who was forced to buy) at an ultra inflated price of RM1.3 Billion in cash with a further RM20 million being paid for excluded subsidiaries. The sale and purchase agreement was officiated on the 30th August 2000.

With the experience of building a bank and strong financial connections to his “political boss”, Tong has access to international prime brokers & hedge funds from the 1990s who would join in the golden opportunity of shorting the Ringgit like they did previously to profit.

It would be easy to syndicate massive funding to short the ringgit. A combination of Tong’s and his friendlies’ access to funds and leverage could crash the RM if carried out in a coordinated manner.

Tong acting alone with US1b plus would not be able to crash the ringgit but by working in concert with his international and local friendlies to syndicate multi-billion leveraged facilities, this would be possible as per 1990s. Take note that Soros did not act alone, it was a coordinated effort by multiple fund holders and when enough chips in the armor were made, the market followed. This time is even worse than Tun Mahathir days as Tong is openly using The Edge Media Group to commit “Economic Kill Bill” against Malaysia.

He sits on the board of 8 local and foreign companies. Documents, conservation logs of Tong and his brokers will be revealed. We thank you the brave Malaysians working at a foreign based bank whom provided this information.

We will reveal soon the links that these companies have to funding other websites and bloggers to write negatively about the Malaysian Economy. It will also reveal his money laundering activities for his “previous boss”. Stay tuned for episode 3 as the saga continue

yeah hopefully it not shoot too soon . hehheh i still want to collect more. :-)

possible this one will shoot up soon. Aiyo hopefull it not go too high as i still want to add more but have to wait salary. Argggghhhh :-(

BRAVO Raja Petra Kamarudin .

Post removed.Why?

of course la going up. Oil moving up 14% already just in 3 days. Friday, Monday & Tuesday. KLSE miss the chance for shooting up on this 3 day because price of oil start shoot up at late night on Friday which KLSE already close and Monday tuesday market close here. So the shoot up most probably for 3 days punya shoot la. :-) .hehehe.

this is the largest push up for oil & gas price for WTI from 43 now 50 USD and BRENT from 47 now 56 USD. Tomorrow sure oil & gas counter in KLSE will explode. Imagine 3 day punya push wooo. All eye will be on SUMATEC,KNM,THEAVY,PDZ....and the rest of Blue Cip related to oil & gas.

it will follow suma tomorrow.buy as much as u can. oil & gas counter will fly high.

tomorrow is belong to oil & gas counter. all will move up high.

Leaked chat logs indicate Tong Kooi Ong owned media used market manipulation. More to come.
February 1, 2015 ~ Pen Jingga

Leaked chat log reveals Tong Kooi Ong discussing Malaysian politics and the implications moving forward with a member of his “make Malaysia an economic disaster” team.


It appears that Tong Kooi Ong believes he is a political mastermind who can manipulate the “Old man” (Tun Mahathir) to be used in his efforts to destroy Malaysian economy for his own multi-billion profiting Soros style attack.


Market manipulation is a deliberate attempt to interfere with the free and fair operation of the market and create artificial, false or misleading appearances with respect to the price of, or market for, a security, commodity or currency.

Screenshots of Edge controlled print media reveal how Tong Kooi Ong uses The Edge Media group to irresponsibly paint Malaysia in a negative light for his own personal profit.


With this in mind, we call upon relevant authorities to act swiftly to protect the Malaysian currency. Suspend The Edge Group for irresponsible reporting to kill Malaysian economy and investigate Tong for money laundering in the 90s until now.



Tong is all about money power, opportunity and manipulation of the market and politics. Whilst short trading Ringgit is technically gray area if it is illegal (depending on how it is done), it is unpatriotic and unethical to hedge bets against your own country and ILLEGAL if you are then leveraging on your media empire and contacts to drive the currency down for personal gain with “kill Malaysia” economy style reporting.

Evangelical business barons that can be said to be equal to money and opportunity should not abuse their power for personal gain. Tong Kooi Ong is leveraging off his media empire and connections with politicians from both sides to manipulate the market and crash the Ringgit.

The Edge group cumulatively reaches out to millions of readers and listeners daily according to circulation stats from Audit Bureau Circulation Malaysia (http://abcm.org.my/abcmfiles/uploads/2014/11/ABC-Circulation-Figures-Jan14-to-June14-Newspapers-West-and-East-Malaysia-Price-Bands1.pdf) and Comscore (http://www.comscore.com/Insights/Market-Rankings/MDA-and-comScore-Release-Rankings-of-Top-Web-Entities-in-Malaysia-for-November-2014). Their loyal readers include some of the most influential and powerful people in Malaysia.
I will leave you with last week’s front page for the Edge.

READ MORE ON EVIDENCE OF LEAKED CHAT LOG

https://malaysianexpose.wordpress.com/2015/02/01/leaked-chat-logs-indicate-tong-kooi-ong-owned-media-used-market-manipulation-more-to-come/

BANK NEGARA PLEASE ACT. THIS SEEM TO BECOME MORE SERIOUS AS THEIR IS TO BRING DOWN THE GOVT BY DESTROYING THE ECONOMY. AS WE ALL KNOW TKO IS PAKATAN FRIENDLY SUPPORTER. NOW EVERYTHING BECOME MORE CLEAR DAY BY DAY.

agree with you fortunebullz. Boycott premises that maintain or increase price as logistic cost already lower by reduction in diesel price.

NEW PETROL PRICE FEB 2015

RON 95 -21 CENT = RM 1.70 /Liter

RON 97 -11 CENT = RM 2.00 /Liter

DIESEL -23 CENT = RM 1.70 /Liter

How Tong Kooi Ong would break Bank Negara Malaysia

1.Tong Kooi Ong goes short on the RM

2.Malaysia spends reserves to protect the RM against speculators

3.Media empire is used to spread doubt to drive the RM down further

4.Tong Kooi Ong closes his trade after the RM has devalued enough for a significant profit

5.USD position of estimated USD1.4 billion is converted to devalued RM for huge profit. Bank is paid back initial loan of now devalued RM. The difference between the initial cost of the RM and the devalued cost of the RM is pure profit.

How Soros earns $790 Million, crashes the Thai Baht and triggers the Asian crisis.

The second most notorious trade of Soros came in 1997 as he saw a possibility that the Thai Baht could go down so he went short on the baht (by going long on USD/THB) using forward contracts. His actions are often considered to be a triggering factor which sparked the big Asian financial crisis, affecting not only Thailand but also South Korea, Indonesia, Malaysia, Philippines, Honk Kong and others.


1.Soros goes short on the baht.

2.Thailand spends almost $7 Billion to protect the Baht against speculations.

3.Soros sells all his baht resources and keeps telling everyone to do the same by publicly scaring people with the fall of the baht and crisis. It works.

4.On July 2, Thailand is forced to give up the fixed rate of the Baht and it starts to float freely. Thailand asks for help from the International Monetary fund (IMF).

5.Thailand takes on hard austerity measures to secure the loan from the IMF.

6.Baht has fallen from 1$ for 25 baht to 56 baht thus Soros had gained more than 790 million USD

How Tong Kooi Ong is attempting to break Bank Negara and crash the RM

An owner of a prominent news media empire is casting undue influence on the financial and political state of Malaysia for his own personal monetary gain.

Sources within Bank Negara Malaysia (BNM) revealed that Tong Kooi Ong, the owner of the Edge Group and The Malaysian Insider has taken a USD1.4 billion short position on the Ringgit through a proxy. The first transaction took place in August 2014 and subsequent short positions have been taken leading up to January 2015.

Tong Kooi Ong is no stranger to investments, notably during the last financial crisis, Tong took a similar short position with Rashid Hussein which resulted in a significant gain.
He is a former stockbroker, financial analyst and banker who founded and built Phileo Allied Berhad, one of the most successful and innovative financial banking groups in Malaysia in the 1990s. Phileo Allied Bank was subsequently taken over and merged with Maybank in 2000.
http://www.bloomberg.com/research/stocks/private/person.asp?personId=8374312&privcapId=4481718

According to the source, Bank Negara Malaysia and the securities commission are monitoring Tong closely.

How shorting a currency works:

A short position on the ringgit is essentially a bet that the ringgit will fall. The Malaysian ringgit will be traded for USD and if the ringgit reduces in value, the investor will make money when they buy back the ringgit at its lower value to cover the short position.

When a currency is being devalued, the central bank will step in to release reserves to balance the value of their currency against the currency that it is being most actively traded against.

In the Malaysian scenario as the RM drops, BNM will step in to buy RM in exchange for their USD reserves.

Speculators who short the currency will exploit this by taking a loan in Malaysia or using their own funds in RM to trade for the USD. The goal of which is to trade the RM for USD until the central bank is out of reserves so effectively the currency will crash.

The investor will then go back to the Bank that they initially borrowed money from and will convert it into RM to pay back the loan. The profit would be made off the gain that the USD receives against the RM. As the loan was made in RM and the currency has crashed the investor would have to trade less USD to pay back that initial RM loan.

Media and Mass propagation

With access to his media empire that spans from radio to print and online, Tong Kooi Tong is able change public sentiment through the mass distribution of articles that create doubt amongst the general public about the state of the Malaysian ringgit. After reading headlines that spell doom and gloom above, what would you do if you were holding Malaysian ringgit?

Take into consideration that in order for the currency to crash, it is crucial that Bank Negara reserves are pushed to their limit. A media empire would be the perfect channel to damage the perception of the RM effectively facilitating the devaluation of the RM.

The unpatriotic acts of short selling coupled with media propagation will lead Malaysia into a recession causing untold suffering for the average man on the street whilst lining the pockets of a few individuals.

To give readers a better understanding of how investors make money by shorting a currency let’s look at 2 case studies followed by a comparison of how the same could happen in Malaysia.

Soros Breaks the Bank of England and earns $1 Billion in a day

This is certainly the most notorious forex market event which took place on September 16, 1992 which is called “Black Wednesday” and Soros got his nickname “the man who broke the bank of England” from transactions he performed together with other traders. They didn’t break it directly, but they devalued it so badly that Britain had to take it out from the European Exchange Rate Mechanism (ERM).

READ MORE WITH EVIDENCE :

https://malaysianexpose.wordpress.com/2015/01/28/how-tong-kooi-ong-is-attempting-to-break-bank-negara-and-crash-the-rm-2/

BANK NEGARA PLEASE ACT AND BRING THEM TO JAIL. THEY TRY EVERYTHING FROM MASS RALLY....ACCUSE THE GOVT...BLAME GOVT....ATTACK THE GOVT....USE RED BEAN ARMY AND NOW THEY TRY USE THIS CHINESE TAUKE JUST TO SHAKE UP THE CURRENCIES AND TO SHOW EVERYBODY THAT GOVT IS WEAK AND DONT KNOW HOW TO HANDLE ECONOMY. PLEASE FIND THEM AND BRING THEM TO JUSTICE

KAN I SUDAH CAKAP OIL WILL BE AROUND 40 - 50 USD. Hehhehehe. Again I TOLD YOU SO.

How Tong Kooi Ong is attempting to break Bank Negara and crash the RM

An owner of a prominent news media empire is casting undue influence on the financial and political state of Malaysia for his own personal monetary gain.

Sources within Bank Negara Malaysia (BNM) revealed that Tong Kooi Ong, the owner of the Edge Group and The Malaysian Insider has taken a USD1.4 billion short position on the Ringgit through a proxy. The first transaction took place in August 2014 and subsequent short positions have been taken leading up to January 2015.

Tong Kooi Ong is no stranger to investments, notably during the last financial crisis, Tong took a similar short position with Rashid Hussein which resulted in a significant gain.
He is a former stockbroker, financial analyst and banker who founded and built Phileo Allied Berhad, one of the most successful and innovative financial banking groups in Malaysia in the 1990s. Phileo Allied Bank was subsequently taken over and merged with Maybank in 2000.
http://www.bloomberg.com/research/stocks/private/person.asp?personId=8374312&privcapId=4481718

According to the source, Bank Negara Malaysia and the securities commission are monitoring Tong closely.

How shorting a currency works:

A short position on the ringgit is essentially a bet that the ringgit will fall. The Malaysian ringgit will be traded for USD and if the ringgit reduces in value, the investor will make money when they buy back the ringgit at its lower value to cover the short position.

When a currency is being devalued, the central bank will step in to release reserves to balance the value of their currency against the currency that it is being most actively traded against.

In the Malaysian scenario as the RM drops, BNM will step in to buy RM in exchange for their USD reserves.

Speculators who short the currency will exploit this by taking a loan in Malaysia or using their own funds in RM to trade for the USD. The goal of which is to trade the RM for USD until the central bank is out of reserves so effectively the currency will crash.

The investor will then go back to the Bank that they initially borrowed money from and will convert it into RM to pay back the loan. The profit would be made off the gain that the USD receives against the RM. As the loan was made in RM and the currency has crashed the investor would have to trade less USD to pay back that initial RM loan.

Media and Mass propagation

With access to his media empire that spans from radio to print and online, Tong Kooi Tong is able change public sentiment through the mass distribution of articles that create doubt amongst the general public about the state of the Malaysian ringgit. After reading headlines that spell doom and gloom above, what would you do if you were holding Malaysian ringgit?

Take into consideration that in order for the currency to crash, it is crucial that Bank Negara reserves are pushed to their limit. A media empire would be the perfect channel to damage the perception of the RM effectively facilitating the devaluation of the RM.

The unpatriotic acts of short selling coupled with media propagation will lead Malaysia into a recession causing untold suffering for the average man on the street whilst lining the pockets of a few individuals.

To give readers a better understanding of how investors make money by shorting a currency let’s look at 2 case studies followed by a comparison of how the same could happen in Malaysia.

Soros Breaks the Bank of England and earns $1 Billion in a day

This is certainly the most notorious forex market event which took place on September 16, 1992 which is called “Black Wednesday” and Soros got his nickname “the man who broke the bank of England” from transactions he performed together with other traders. They didn’t break it directly, but they devalued it so badly that Britain had to take it out from the European Exchange Rate Mechanism (ERM).

READ MORE WITH EVIDENCE :

https://malaysianexpose.wordpress.com/2015/01/28/how-tong-kooi-ong-is-attempting-to-break-bank-negara-and-crash-the-rm-2/

BANK NEGARA PLEASE ACT AND BRING THEM TO JAIL. THEY TRY EVERYTHING FROM MASS RALLY....ACCUSE THE GOVT...BLAME GOVT....ATTACK THE GOVT....USE RED BEAN ARMY AND NOW THEY TRY USE THIS CHINESE TAUKE JUST TO SHAKE UP THE CURRENCIES AND TO SHOW EVERYBODY THAT GOVT IS WEAK AND DONT KNOW HOW TO HANDLE ECONOMY. PLEASE FIND THEM AND BRING THEM TO JUSTICE.

How Soros earns $790 Million, crashes the Thai Baht and triggers the Asian crisis.

The second most notorious trade of Soros came in 1997 as he saw a possibility that the Thai Baht could go down so he went short on the baht (by going long on USD/THB) using forward contracts. His actions are often considered to be a triggering factor which sparked the big Asian financial crisis, affecting not only Thailand but also South Korea, Indonesia, Malaysia, Philippines, Honk Kong and others.


1.Soros goes short on the baht.

2.Thailand spends almost $7 Billion to protect the Baht against speculations.

3.Soros sells all his baht resources and keeps telling everyone to do the same by publicly scaring people with the fall of the baht and crisis. It works.

4.On July 2, Thailand is forced to give up the fixed rate of the Baht and it starts to float freely. Thailand asks for help from the International Monetary fund (IMF).

5.Thailand takes on hard austerity measures to secure the loan from the IMF.

6.Baht has fallen from 1$ for 25 baht to 56 baht thus Soros had gained more than 790 million USD

I TOLD YOU SO.KAN KAN KAN BETUL. HAHAHAH. WATCH ASIABIO...SANICHI & FOCUS. :-)

How Tong Kooi Ong would break Bank Negara Malaysia

1.Tong Kooi Ong goes short on the RM

2.Malaysia spends reserves to protect the RM against speculators

3.Media empire is used to spread doubt to drive the RM down further

4.Tong Kooi Ong closes his trade after the RM has devalued enough for a significant profit

5.USD position of estimated USD1.4 billion is converted to devalued RM for huge profit. Bank is paid back initial loan of now devalued RM. The difference between the initial cost of the RM and the devalued cost of the RM is pure profit.

How Soros earns $790 Million, crashes the Thai Baht and triggers the Asian crisis.

The second most notorious trade of Soros came in 1997 as he saw a possibility that the Thai Baht could go down so he went short on the baht (by going long on USD/THB) using forward contracts. His actions are often considered to be a triggering factor which sparked the big Asian financial crisis, affecting not only Thailand but also South Korea, Indonesia, Malaysia, Philippines, Honk Kong and others.


1.Soros goes short on the baht.

2.Thailand spends almost $7 Billion to protect the Baht against speculations.

3.Soros sells all his baht resources and keeps telling everyone to do the same by publicly scaring people with the fall of the baht and crisis. It works.

4.On July 2, Thailand is forced to give up the fixed rate of the Baht and it starts to float freely. Thailand asks for help from the International Monetary fund (IMF).

5.Thailand takes on hard austerity measures to secure the loan from the IMF.

6.Baht has fallen from 1$ for 25 baht to 56 baht thus Soros had gained more than 790 million USD

How Tong Kooi Ong is attempting to break Bank Negara and crash the RM

An owner of a prominent news media empire is casting undue influence on the financial and political state of Malaysia for his own personal monetary gain.

Sources within Bank Negara Malaysia (BNM) revealed that Tong Kooi Ong, the owner of the Edge Group and The Malaysian Insider has taken a USD1.4 billion short position on the Ringgit through a proxy. The first transaction took place in August 2014 and subsequent short positions have been taken leading up to January 2015.

Tong Kooi Ong is no stranger to investments, notably during the last financial crisis, Tong took a similar short position with Rashid Hussein which resulted in a significant gain.
He is a former stockbroker, financial analyst and banker who founded and built Phileo Allied Berhad, one of the most successful and innovative financial banking groups in Malaysia in the 1990s. Phileo Allied Bank was subsequently taken over and merged with Maybank in 2000.
http://www.bloomberg.com/research/stocks/private/person.asp?personId=8374312&privcapId=4481718

According to the source, Bank Negara Malaysia and the securities commission are monitoring Tong closely.

How shorting a currency works:

A short position on the ringgit is essentially a bet that the ringgit will fall. The Malaysian ringgit will be traded for USD and if the ringgit reduces in value, the investor will make money when they buy back the ringgit at its lower value to cover the short position.

When a currency is being devalued, the central bank will step in to release reserves to balance the value of their currency against the currency that it is being most actively traded against.

In the Malaysian scenario as the RM drops, BNM will step in to buy RM in exchange for their USD reserves.

Speculators who short the currency will exploit this by taking a loan in Malaysia or using their own funds in RM to trade for the USD. The goal of which is to trade the RM for USD until the central bank is out of reserves so effectively the currency will crash.

The investor will then go back to the Bank that they initially borrowed money from and will convert it into RM to pay back the loan. The profit would be made off the gain that the USD receives against the RM. As the loan was made in RM and the currency has crashed the investor would have to trade less USD to pay back that initial RM loan.

Media and Mass propagation

With access to his media empire that spans from radio to print and online, Tong Kooi Tong is able change public sentiment through the mass distribution of articles that create doubt amongst the general public about the state of the Malaysian ringgit. After reading headlines that spell doom and gloom above, what would you do if you were holding Malaysian ringgit?

Take into consideration that in order for the currency to crash, it is crucial that Bank Negara reserves are pushed to their limit. A media empire would be the perfect channel to damage the perception of the RM effectively facilitating the devaluation of the RM.

The unpatriotic acts of short selling coupled with media propagation will lead Malaysia into a recession causing untold suffering for the average man on the street whilst lining the pockets of a few individuals.

To give readers a better understanding of how investors make money by shorting a currency let’s look at 2 case studies followed by a comparison of how the same could happen in Malaysia.

Soros Breaks the Bank of England and earns $1 Billion in a day

This is certainly the most notorious forex market event which took place on September 16, 1992 which is called “Black Wednesday” and Soros got his nickname “the man who broke the bank of England” from transactions he performed together with other traders. They didn’t break it directly, but they devalued it so badly that Britain had to take it out from the European Exchange Rate Mechanism (ERM).

READ MORE WITH EVIDENCE :

https://malaysianexpose.wordpress.com/2015/01/28/how-tong-kooi-ong-is-attempting-to-break-bank-negara-and-crash-the-rm-2/

BANK NEGARA PLEASE ACT AND BRING THEM TO JAIL. THEY TRY EVERYTHING FROM MASS RALLY....ACCUSE THE GOVT...BLAME GOVT....ATTACK THE GOVT....USE RED BEAN ARMY AND NOW THEY TRY USE THIS CHINESE TAUKE JUST TO SHAKE UP THE CURRENCIES AND TO SHOW EVERYBODY THAT GOVT IS WEAK AND DONT KNOW HOW TO HANDLE ECONOMY. PLEASE FIND THEY AND BRING THEM TO JUSTICE.

hahahah i already inform every body from last 2 week that watch ASIABIO...SANICHI...FOCUS. Now see all going up already. hehehehehe.

hehhe i told you so ASIABIO...SANICHI...FOCUS....:-)

heheheh get ready tomorrow guys.

heheeh i told you so. :-)

hahahah read more to know whether it is related to GST or not. Aiyo. Itu pun kena kasi tau kaaa.

heheh go and do official report to bursa ...:-)

normal la SUMA go down...PDZ will follow. Seperti biasa ma.

hopefully suma move up next week as the rest oil & gas counter already move up high from their bottom point such as KNM & THEAVY.

hehheh this counter going to go high. I think possible 0.12 or 0.15. With GST + Possible Record high profit.

hehehh I told you so

AL-FATIHAH to King Abdullah.

hehheeh some say Tampoi woooo.

heheh i just give you guys a news to prepare. This week is not a very good week to go in. Let suma settle back at 0.20 and the start to buy if WTI and brent steady at least around 45 USD. if below then that potential suma to go down further is high.It same goes to PDZ. This two like adik beradik. Wait when suma around 0.18 - 0.20 then buy in. If you ask me la. But then you guys might have other strategy and it is your call and your money to decide. :-)

musashi i dont always come with appocalypse doom stories. In other thread such as Asiabio i advice people last week to watch Asiabio..sanichi and focus this week and you can see all those counter are in high volume this 2 days.

I have confidence on him tonto. But i dont have confidence with WTI & BRENT at this moment.Plus with all unfavorable news coming from all part of the world. As per what i said before...it will touch around 40 - 50 USD and it did and now it hovering around this price which anticipated to climb back only in End of Q2. We know so many time suma price will follow this trend.

WTI and BRENT now freefall. Goodluck guys. With current situation i dont see any potential of push up and price moving up. only tomorrow ok. If Thursday ECB said they will buy EU BOND ...EU Market will freefall and the effect will spread to US and potentially Asian Market. And greece election result around the corner which potentially Greece Exit EU and will cause market in EU freefall again. Goodluck guys.