1.00 GBP=5.97067 MYR
British Pound↔Malaysian Ringgit1 GBP = 5.97067 MYR1 MYR = 0.167486 GBPMid-market rates: 2016-05-19 14:33 UTC

Shld catch the insider which leak the results

Insider seem to know the results gonna sucks..
Similar with gtronic case..

Well from the sell and limit down.
Either the company gonna bankrupt or force selling..or owner lari already..

Glove could limit down too..like gtronic...
So be careful of the new market environment..

sk petrol by right shld drop.. as their norway owner also want to cashout...

umw .. new counter to drop after gtronic, etc... msci lower weightings

atuk tak maju ...limit down..

Due to the lower msci weightings..it may adversely impact cimb..be careful..

First quarter FY16 net profit for Amway (Malaysia) (6351.KU) plunges 51% year on year.

Johotin is still a tin kosong..
Beware of sharp drop later ...

The selling may continue on until such time when the sellers raised enough cash for whatever purpose they may have..
Its pretty motivated sellers...and at times seem desperate..
Good luck amigos

For sure if we look at gtronic case..the selling didnt just end there
It may continue for a while

Only few ppl/instituition have so much share to throw...one of them is epf..
Seems like quite desperate...

"Cash is king"..

Photographer: jodi jacobson/Getty Images

The Tiny Cayman Island Holding $265 Billion in Treasuries

 

Andrea Wong MsAndreaWong

 

Alexandra Scaggs alexandrascaggs

May 18, 2016 — 1:24 AM HKTUpdated on May 18, 2016 — 3:15 AM HKT

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Caymans rank third among foreign holders of U.S. debt

Hedge funds domiciled in Caribbean territory drive trend

A Caribbean financial center favored by hedge funds is now the third-biggest foreign owner of U.S. government debt.

The Cayman Islands, where more hedge funds are domiciled than anywhere else in the world, held $265 billion of Treasuries as of March, up 31 percent from a year earlier, according to data the U.S. Treasury Department released Monday. It was the first time that the U.S. released details of bond holdings among OPEC and Caribbean countries, and it came in response to a Freedom-of-Information Act request submitted by Bloomberg News.

The stockpile makes the British territory, an offshore tax haven with about 60,000 residents, the largest holder after China and Japan. Those nations, the world’s second- and third-biggest economies, each own more than $1 trillion of Treasuries.

The surge in ownership of U.S. debt for the Caribbean getaway shows that hedge funds are joining more traditional mutual fund managers in buying Treasuries amid lackluster returns in other assets, with many global stock indexes posting losses in 2016. Negative bond yields in Europe and Japan are also pushing asset managers into the $13.4 trillion Treasuries market, which is on pace to gain for a third consecutive year.

“Most hedge funds are using Treasuries as a way to park assets without taking a lot of risk,” said Donald Steinbrugge, managing partner of hedge-fund consulting firm Agecroft Partners in Richmond, Virginia.

About 60 percent of the world’s hedge-fund assets are domiciled in the Cayman Islands, according to a 2014 report by consulting firm Oliver Wyman & Co.

"A robust regulatory regime and no or low entity-level taxation allowed the Cayman Islands to build a long-lasting reputation as a global hedge funds hub," according to the report.

An e-mail and phone call to the public relations division of the Cayman Islands Monetary Authority weren’t immediately returned.

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With msia msci index weightings drop..some stocks will get slammed..
Question is why the weightings drop..
Is it because of something happening or going to happen?

cahaya mata gelap..

Use to be the 3 safest counter are: Tenaga, maybank and Telekom(TM)..and maybe public bank...
Taan is not at that level yet...

u guys need to relax.....
sell in may and go away...

Airasia is not cheap now..sell!

Crash is king...

Ex ceo extracted maximum benefits via share and bonus package
While The shareholders keep seeing share drop

Pan borneo highway has always been there..
Its not a new project..

White goat cutloss...

* Malaysia decreased weight to 3.09% (prev: 3.43%), or a 0.34 percentage point decrease in weight;

* Indonesia decreased weight to 2.61% (prev: 2.68%), a 0.07 percentage point decrease;

* Thailand decreased weight to 2.19% (prev: 2.20%), or a 0.01 percentage point decrease; and

*  Philippines increased weight to 1.45% (prev: 1.40%), or a 0.05 percentage point increase

1.many workers are getting retrench/losing their jobs
2.cost of living getting higher
3.ringgit still close to low level vs usd
4.klse/bursa seems like getting nowhere..index now have lower weightings in msci index
5.heard that property prices also not doing good especially in oversupply area like jb..
So.....good luck!

Cimb is a typical failure..
Its ceo though is a multi millionaire -nazir due to high good pay and share option package

Now it has entered a gameover phase..
Big falling knife

http://www.theborneopost.com/2016/01/19/bornoil-continues-to-see-gold-inventory-rising/
The counter shld be worth around 2-3 sen base on its share base and gold

Gold backing per share is only 2 sen. So paying 14 sen now is highly overvalued.

Jb is a weekend destination.. monday to friday it is a ghost town...

Property is not all that easy as stated...
Buying a house need to pay bank loan interest..6% per annum..insurance and maintenance fee~ 2-3% and inflation 2%-3%..plus other cost like taxes, maintainance etc.terrace house gets old and wear and tear..easily can cost 5 to 10%..so the net increase is not much as there is always holding cost etc.

The price is not real, photos looks nice... but in reality could be a dangerous ghost town..

Ghost town

If this is true: bloggers like icon, etc shld be charged in court for causing losses to retailers

4 million page view...its either icon perform 4 million clicks on his own page or this fella blog got spammed..
Honestly speaking icon has bring many ppl to holland with his low quality article..thats the fact..

Its a trap..sheeps get slaughtered..

Gtronic is worth 1 bucks base on its nta of less than 1 ringgit

Johor is a jungle..expensive land and poor economic prospect highly rely on sg

Sudah near bankrupt..
Steel sector still suffering heavy losses

Tekseng is not really a world class solar company
It depends on the taiwanese and the taiwanese is in full control
Current shareholder are just donating money in it

Solar industry is a dying sector..many large company bankrupt http://www.thestar.com.my/business/business-news/2016/04/16/sunedison-to-file-for-bankruptcy-as-early-as-sunday-night/

Bone and geng offloading...haha
This time they trapped themselves

Don't forget its debt and liabilities - $16 billion
And it's ever depreciating asset - plane
If oil rebound - AirAsia will surely lose money
It was lucky to have oil price so Low ...

Kpscb yes It's quite ok 2 round play .. But now I no longer in it..

And Tan Sri Tiong obviously wouldn't want a small insect/pest like bone to mess around with rsawit.. These bloggers only buy and sell next day and hope to make quick bucks..in the process they did a lot of value destruction..

Bone was hoping for easy money
Obviously he or she is dissapointed as it didn't happen
Many already know bone, otb and icon8888 - how these bloggers operate

Bone wanting to come out and make a quick buck must be dissapointed
The writing and article is of Low quality and the modus operandi no longer can work haha

Limit down tomoro