Hongkong police is ill-trained.
They don't know when they should act like an effective law enforcement officer.
They don't know they have the power of self-defense to the extent of causing death, even if they are not police officer. Worst still when they are police officer wearing police uniform and being attacked but dare not take action according to power vested unto them!

What the hell rioters can attack police station with petrol bombs?
Remember Bukit Kepong incident when Police Station was overran by CTs?
It could be the same if Hongkong police is weak as to let the rioters overrun the HK Police HQ !!!!!!!!!!!

What a shame to HK Police !!!!!!!!!!!!!!!!!!!!!

When Japanese Yen is weak, Govt of Malaysia wanted to borrow in Yen denomination.
If using new Yen borrowing to pay for USD debt, you need to borrow more to retire lesser amount of debt.
If you need to bring home Yen borrowing to help development project in Malaysia, you are getting less in terms of Ringgit.
When Japanese Yen appreciates, you will need to pay more in terms of Ringgit.

Why can't you borrow more USD now as the currency is grossly overvalued right now, and when the future of US economy heading for crash, and FED is on the way to loosen interest rate thus killing USD exchange rate, all indicators pointing towards a lower dollar regime for next few years to come.

Only when we have some idiots wish to borrow when the currency is weak, and pay back when that currency goes sky high in near future.

How Malaysia not going bankrupt if Finance Minister don't even know a shit on economy?

Substandard quality PH ministers.
Were they told to record a Malaysia Day video clip before hand?
Were they not aware they may be requested to say something on Malaysia Day 'Celebration'?

They are simply insensitive to things happening around the country.
If they are to sit for General Paper for HSC, do you think they can pass?

Yes!
New tariff mostly on consumer goods which have severe bearing on US voters, and that makes Donald Dick chicken out...........

FB is stealing personal data.
Google is stealing.
Microsoft is stealing.
Apple is stealing.

How come you don't know?

Luckily China know that long time ago, so President Xi banned all the thieves from operating in China, except Apple for its contribution to Chinese economy.
As trade war escalates, Apple will be banned too.
Everybody goes to Huawei phones in no time.
Apple can just pack and go back to Donald Duck homeland to lay its rotten eggs....

Why so smelly here?

Shit here shit there shit every where.
Shit yesterday shit today shit everyday.

Take in rubbish pass out garbage no wonder meow-meow forum is so stench!!!!!!!!!!!!

You still want to believe in Donald Dick?
He belongs to 4th Class of human being.
4th Class share common characteristics, flip-flop in decision, generally not trustworthy, self-centered, telling lies 99% at all time.

So, you will see new tariff at 30% on 250 billion worth of goods by 15 Oct, 15% tariff on remaining 300 billion on 15 Dec.

He will increase tariff on all import from China (total 550 billion) at 40% by 1 Feb 2020 latest, and to 50% before US election by Nov 2020.

Consequent to his idiotic action, US will sink to recession by 2nd half of 2020.
By 2025, China-US economy will decouple, with no direct business done between both countries. All transactions will need to go through 3rd country. By then, China GDP may be 2 times as large as US. China will claim back glorious history of Han and Tang thousands years ago..........

Must be a big joke!
Up to this Dick to say whether he will impose 50% tariff and reduce to 45% or otherwise.

China should not heed to what this dick to portray as 'goodwill'.
Go back to what it was as 31 May.
Any additional tariff after that date should be considered not helpful for trade talk.

Who offer?
Minister or developers?

The developers have been marketing relentlessly worldwide to hard sell not just to Hongkist, mainlanders, Taiwanese and Singaporean.

It was the govt flip-flop policy on MM2H that deter many potential buyers, just like what is happening in Forest City right now.

Yes. Residential properties in Malaysia still very affordable, and can be considered very cheap relative to those places mentioned above. But why Malaysian residential properties no longer attract those buyers for past few years?

Flip-flop policy for foreigners to own those properties could be the main reason.

What nonsense is this? Malaysian houses too expensive?
Read below to see how a 36 yr old sales executive , earning RM 3800, has a non-working wife with 2 children, can buy 2 condo worth rm 800k each.

Learn from him and not everyday blaming on others........


https://klse.i3investor.com/blogs/sinchew_company_story/224305.jsp

I am not denying many Malays are poor.
Likewise many non-Malays are as poor too.

Contrary to what you may think, Malays are not poor!
85% to 90% of govt servants are Malays, i.e. 1.36 to 1.44 million are govt servants earning more than market average salaries.

Not to forget most high rankings are monopolised and these posts earn C-Level salaries in corporate world.

What about those in GLC's?
What about CEO's in sub-sub subsidiaries of GLC's?

Check out yourself during fasting months.
Why restaurants in all 5 star hotels are fully booked for Buka Puasa?
Need not have PhD in Economics to get you the answer.........

Let Hongkist young barbarians kill themselves slowly.
Injuries are self-inflicted, will bleed to death in slow and painful suffering......just like committing suicide taking paraquat, surely will die with alimentary canal burnt and perforated no matter how good the doctors are.

MCA is now a mosquito party.
Still thought of its glorious history?

Too bad if we have mad dog shits everyday in i3.
England powder not good.
Use lah Malaysian powder!

Learn England powder in UK, not i3!

Dog poo stinks

Don't shit here everyday!

It was because Donald Dick and his lieutenants press down Malaysian Ringgit from 2.30 to 4.10, effectively they have robbed you and me 78% of our wealth, I will forever not forgive these robbers who portray themselves as Santa Claus to the Third World like Malaysia.........

If Donald Dick thinks it is not fair for so many countries to have their currencies 'manipulated' and 'taking advantage' on US, hence 'robbed' US 500 to 600 billion dollars every year, he should initiate Operation Overlord to overload world economy with more trillions of US fiat dollar.

If he can press down 1 USD to 1 RMB, he would have saved not only US economy, but poorest countries Like Zimbabwe or Somalia....

Pray hard one day 1 ringgit can exchange for 2 US dollar.
Then our GDP will appreciate 8 times overnight...........

US dollar too strong, that make many countries currency appear to be undervalue.
US dollar index rises from 72.5 in 2011 to 98.8 is 36.3% increase, whereas RMB to USD came down from 6.2 in 2011 to 7.16, only depreciated 15.5%.

Look at US Dollar Index chart, I believe RMB is best value at 8.2 to a dollar.

https://finance.yahoo.com/currency-converter

Stock: [HENGYUAN]: HENGYUAN REFINING CO BHD

Dec 31, 2017 09:31 PM | Report Abuse

When did Hengyuan pay dividend for the last time? 2013?
When do you expect Hengyuan to pay dividend again? 2023?

Like all Red Chips, if you still think Hengyuan is making 5 ringgit or 10 ringgit a year, and expect windfall dividend, you might as well wait for Xinquan to declare a 10 sen dividend.

Sama-sama lah, all are red chips.

Don't believe, check CAP, Maxwell, CSL, Xinquan, Xinghe, Kanger, CNOuhua, all were PE 1.5x, and all cannot afford to pay dividend.

Later on fire will break out in their factories/ refinery.

Be careful, when major shareholders start to unload, it will be like Maxwell owner selling her share at 2 sen.........

Rubbish attracts houseflies.
See all the shits left by the housefly?
No substance, mere shits everyday...........

Of unsound mind

Donald Dick imposed 30% tariff on 250 billion imports from China effective 1 Oct 2019.
Another 300 billion at 15% tariff effective 1 Sept 2019.

Now you must 100% convinced Donald Dick is in fact is a 4th category human being.

4 categories of Human being:

1. 100% trustworthy - a credible and reliable person at all times
2. 75% trustworthy - a credible and reliable person most of the time.
3. 50% trustworthy - not credible and not reliable person most of the time.
4. 25% trustworthy - not credible and not reliable person at all times.

England powder still kicking?

England powder no good.
Eat England powder your head will grow big.

PN17 counters only good for 2 or 3 sen
2 years later will be delisted

England powdee no good.
England powder make your head big!

Be like Tun M, you should retire at 94.

England powder still kicking?

Response from China:
1. No more US farm produce for Chinese market
2. Let RMB find its own equllibrium without interference from Central Bank. RMB may go to 8 for one USD.
3. No more rare earth minerals for US.
4. No more Chinese tourists heading for US.
5. Selected US companies will be placed under Unreliable Entity List.
6. Unfriendly US companies will be facing sanctions and curtailment to operate in China market. That could include all fast food chains like KFC, McDonald, popular soft drink like coca cola etc.
7. Depend on which side Apple taking side, either you want to remain relevant in China market or not is up to you to choose.

Q1 makes 2.46 sen. Annualized is 9.84 sen.
PE 10, fair price 98.5 sen.
PE 15, fair price is 148 sen.
PE 20, fair price 197 sen.
PE 25, fair price 246 sen.

So what do you pick? PE 15? PE 25?

If you take into consideration dividend 17 sen.
Times cover? Negative man!
Not prudent way to pay out more than what you earn!
Not sustainable.

Crude oil is on the way up.
Unless can get better selling price, profit margin will squeeze further.
Play safe, buy at PE 12 to 15.
You may see PE deteriorate next quarter............

Just wait for response from Chinese side tonight

Sure enough, this Dick just announced he would be imposing 10% tariff hike on remaining USD 300 billion Chinese goods starting 1 Sept 2019.

China already anticipated that when they put in Zhong Shan to counter the hawks from America.

If Chinese prepare to eat grass for next 5 years, then Americans will be eating bark for even longer period of time........That is so called Long March mah

You watch CCTV4 @ 7pm today?
You read what People's Daily has to say?

Hongkist are digging their own grave when they start attacking Beijing Representative Office.
Even if rioters attacked Hongkong Legislative Council Building, China never gave stern warning not like this time.

It is up to Hongkist to take advantage of OBOR Initiative, or just being left out by China entirely if Hongkist think they can stand on their feet without relying on mainland. Or they think they can rely on their godfather or former master for their future generation.....

Stock: [HENGYUAN]: HENGYUAN REFINING CO BHD

Dec 31, 2017 09:31 PM | Report Abuse

When did Hengyuan pay dividend for the last time? 2013?
When do you expect Hengyuan to pay dividend again? 2023?

Like all Red Chips, if you still think Hengyuan is making 5 ringgit or 10 ringgit a year, and expect windfall dividend, you might as well wait for Xinquan to declare a 10 sen dividend.

Sama-sama lah, all are red chips.

Don't believe, check CAP, Maxwell, CSL, Xinquan, Xinghe, Kanger, CNOuhua, all were PE 1.5x, and all cannot afford to pay dividend.

Later on fire will break out in their factories/ refinery.

Be careful, when major shareholders start to unload, it will be like Maxwell owner selling her share at 2 sen.........

All cracking spread sifus having meeting in holland?

Look at how WC siphoning cash from Lion Forest, Lion Industries, and Parkson through inter-related transactions.

See how WC novated loan from Grampian to Lion Industries only to write off one year later.

See how WC instituted share buy back of Parkson to tune of 2 billion just try to help maintaining Parkson share price.

See how WC tried to sell PRA to PRGL for 50 cents but was blocked by Hongkong minority shareholders. At one point PRA worth only 0.8 cent and now is about 2 cent.

See how WC making PRA pay rent in advance before the premise is ready for occupancy. Whose building is it? When can it be ready even after so many years delay? PRA is suing, will it succeed?

See how to make creative accounting agreeable to external auditors. Peruse Lion Industries AR and make your own conclusion how much should be written off.

See ................. to many examples to cite. Do your own research lah........

Hahha....

PN17 counters good for only 2 sen mah

It may be 0.5 sen before delisted man...........

Buy into stocks only if you think the controlling shareholders/Directors are trustworthy.

Certain characters should be avoided at all cost.
The list as follow:-
1.
2.
3.

Seems many pensioners were conned in shares belong to WC.
From Amsteel Corp Bhd, to Lion Corp, to Lion Diversified, PRA, PRGL, Lion Indusries, Lion Forest, and Parkson Holding.

You may be savior if you can warn them much earlier before these stocks placed under PN17.

Believe kelvintaneng can act as a savior just like how Jesus Christ save him as wreck.

Anyone wishes to make comment on Parkson and Lion Industries?

Rule of Thumb, PN17 good for 2 sen or so.
Even though tomorrow can be 10 sen, towards the end it will be 0.5 sen before delisted........

Simply there are too many people complaining houses are beyond reach.
Govt also like to say the same so as to put up PR1MA, Rumah Selangor Ku, and so on and so forth.

Is HDB flat expensive?
They are simply given for 'free' to all eligible!
Is private housing in Singapore cheap?
But there are still so many buying up as investment after they bought first HDB flat.

Singapore houses are not cheap, could be 5 to 10 times more expensive than Malaysia. But no one complain they could not get married because of housing problem!

AND NOW is Malaysian housing expensive?
Up to you to gauge yourself.
If you choose to buy a house with mortgage up to 30% of your household income, it is not expensive.
If you want to buy a house that take you 2 generations to pay off your mortgage, you are simply wearing hat too big for your head!

All in all, I would say it really depends on your mentality whether you are kiasu, or down to earth.......

If we had followed reason instead of the masses ... today’s housing problem would have been resolved.

Statement by former chief executive Leung Chun-ying



BUT Govt of the day prepare to let Maybank lose money?
Is govt prepare to let developers close shop?
Is developer prepare to put up more low to medium cost housing like HDB flats?
9 millions willing buyers (from 26 to 38 yo) just waiting for a suitable house to call home. Is govt deaf? Are developers blind?

https://www.scmp.com/news/hong-kong/politics/article/2150463/no-hong-kong-housing-crisis-if-ex-leader-tung-chee-hwa-had

The first chief executive of Hong Kong, Tung Chee-wah, did the right thing with his housing policy in 1997, aiming for at least 85,000 flats a year in the public and private sectors, a home ownership rate of 70 per cent within 10 years, as well as a reduction in the average waiting time for public rental housing to three years.

However, he caved in under public opinion (from people already owned a property) and pressure from property tycoons like Li Ka-sheng and others to hold property price firm amid the Asian financial crisis. So the plan was shelved.

Otherwise, you will not see Hongkong coffin homes that need 2 generations to pay off the mortgage.

Malaysian govt should take this opportunity to let housing price fall to a more affordable level, without any dampening policy or subsidy.

Let the housing price find its own equilibrium, where supply and demand crosses.
Let those fly by night developers pack and go home.
Let the flippers go bankrupt.
AND let the fittest survive..............

Who say there is housing overhang?
Don't you know that was the govt's effort to 'Build then Sell' envisage by the BN govt since 2007?
Now BN's objective achieved.
UMNO should be happy.
MCA should be Happy.
MIC should be happy.
You may forget about Gerakan and PPP, for they are now non existing.

One good point under Build then Sell strategy is NOW buyers can choose and pick which developer can give up to 20% discount.
They also can demand for free MOT stamp duty, Free legal fees for SPA and Housing Loan, Free stamp duty for loan facility, free aircon, free wardrobe and kitchen cabinet etc etc.

https://www.thestar.com.my/news/nation/2007/06/26/buildthensell-concept-to-benefit-all/

Donald Dick is going to fight a new front - Currency War!
How come you don't know?
Meaning this Dick is going to let USD Index back to 72.5 from 97.5 right now......
https://www.investing.com/currencies/us-dollar-index-streaming-chart