Time Bomb ticking sapura energy has huge impact on Maybank... Hahaha better run 1st

It's Saturday morning. Go hiking, do a simple cooking laaaaaa get a life... Keep it in refrigerator

JP Morgan
Peak = $171.78 @ Oct 2021
Current = $113.92 (negative 33%)

Bank Of America
Peak = $49.18 @ Jan 2022
Current = $32.08 (negative 34%)

Wells Fargo
Peak = $58.31 @ Feb 2022
Current = $37.90 (negative 36%)

Hello & welcome back year 2008...

Mild recession? 20% crash only? Haha
Not to scare you all but the nightmare just started if u look at US Top 3 banking stock dropped > 20% since late of last year.

JP Morgan
Peak = $171.78 @ Oct 2021
Current = $113.92 (negative 33%)

Bank Of America
Peak = $49.18 @ Jan 2022
Current = $32.08 (negative 34%)

Wells Fargo
Peak = $58.31 @ Feb 2022
Current = $37.90 (negative 36%)

The same 3 companies, u look back their share patterns in year 2007/08.

Elon Musk warns that recession is 'inevitable,' likely coming soon

Deutsche Bank, Citi See 50% Recession Chance as Rates Rise

Goldman Sachs says a recession is now twice as likely as its previous prediction

Elon Musk warns that recession is 'inevitable,' likely coming soon

Deutsche Bank, Citi See 50% Recession Chance as Rates Rise

Goldman Sachs says a recession is now twice as likely as its previous prediction

1997 - RM180.
1998 - RM2.65 Max (up ~50%)
2008 - RM3.80
2009 - RM6.97 Max (up ~80%)
2023 - RM5.80
2024 - Up 80% = RM10.44. Not bad. Hahaha.

Great...waiting for the timing.

Anyhow be prepared for other stock markets like US or Singapore for "Plan B" as we dunno if Maybank (plus CIMB, & Public Bank) will drop little bit and a lot.

Anyone here manage to buy CIMB at RM2.90 during Covid-19 crash in year 2020? That time the choice is between Maybank & CIMB, last2 i choose CIMB as Maybank didn't drop much...

Bottom Price During Crisis

1997 Asian Financial Crisis - RM1.80++
2008 Global Financial Crisis - RM3.80++
2023 xx Crisis - RM5.80++??????????

Then slowly to RM7 and eventually RM6 (crisis next year)

Below RM8.00 next month after US Fed is confirming the technical recession data...

They all stuck at 30 sen? Kesiannya

Global market sentiment is bad US Fed has no choice but to increase rate dramatically a system engineered for a recession to solve the problem

I try place my bet at RM7.50....if match, then i buy

It's a trap better take profit or cut loss

From peak RM9.10 to current RM8.50, slow slow move down....slow slow suddenly drop until pants down to below RM8.

Cash out and keep it for the next round of global recession similar like 2008. Gonna buy at the bottom price.

From peak RM5.70 to current RM4.80. Next month we will know if US market is in technical recession the moment Fed announce the GDP data. By the time, we will see waterfall everywhere....run lor....keep cash for the next upcoming crash which is just around the corner.

Early next mth US Fed will likely announce the GDP n we will know the technical recession fate..

Next month will touch below RM8

Slowly drop... Until no one realise it

It's embarrassing to claim as national heritage better go to close down

Dollar uptrend averaging cost

Yahoo...

The best stock company won't wrong one... At this insane super cheap price

They mute u from swearing on the mic

The coming recession in 6 - 18 months, don't waste your time and energy in Bursa. Even if u are targeting Maybank blue chip, at most it will just drop little bit to RM6-7 and then post recovery to RM8-9. Only small profit....u look at US stock example drop more, up also more at least 100% from bottom price with consistent gomen policy. Unlike here besok lusa policy. Sad but this is the reality of Bursa.

Bursa Malaysia succumbed to heavy selling of equities by foreign investors ? U don't make jokes here. Bursa where got foreign investors want to invest. Even if did, just one night stand only. Here only play among our institutional just money from here and there and repeat the cycle. Laughing stock bourse in the region. Got money better invest in other bourse bah... like US, Spore or Indonesia.

so what do u expected more out of SE.......any clues
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they will have to settle the entire process of this Court Order which i guess will take 1-2 years meanwhile business is still running. Just keep in "peti sejuk" nothing u can do

if 1st week of July US gomen announce the Q2 GDP data on 2 consecutive GDP negative growth which technical recession is confirmed

i recalled last PRN Johor & Melaka, the number of cases also shot up....less ppl coming out to vote. That's how the formula works...dun get me wrong. i will still vote for BN. Huahaha....

Real gross domestic product (GDP) decreased at an annual rate of 1.5 percent in the first quarter of 2022, following an increase of 6.9 percent in the fourth quarter of 2021.
...
Gross Domestic Product (Second Estimate) and Corporate Profits (Preliminary), First Quarter 2022.
Q1 2022 (2nd) -1.5%
Q4 2021 (3rd) +6.9%

Q2 2022 will be likely negative growth.....lets wait for the announcement in 1st week of July. By then we are in the technical recession. Heloo and welcome year 2008/09

Real gross domestic product (GDP) decreased at an annual rate of 1.5 percent in the first quarter of 2022, following an increase of 6.9 percent in the fourth quarter of 2021.
...
Gross Domestic Product (Second Estimate) and Corporate Profits (Preliminary), First Quarter 2022.
Q1 2022 (2nd) -1.5%
Q4 2021 (3rd) +6.9%

Q2 2022 will be likely negative growth.....lets wait for the announcement in 1st week of July. By then we are in the technical recession. Heloo and welcome year 2008/09

Q2 2022 will be likely negative growth.....lets wait for the announcement in 1st week of July

Real gross domestic product (GDP) decreased at an annual rate of 1.5 percent in the first quarter of 2022, following an increase of 6.9 percent in the fourth quarter of 2021.
...
Gross Domestic Product (Second Estimate) and Corporate Profits (Preliminary), First Quarter 2022.
Q1 2022 (2nd) -1.5%
Q4 2021 (3rd) +6.9%

Nouriel Roubini: US Economy 'Getting Very Close' to Recession

Recession odds increase significantly next year: Morgan Stanley CIO

Maybank? What if JP Morgan, Bank Of America or Wells Fargo all US Top 3 banking stocks being hammered to bottom price, do u still think i will look at Maybank?

Over 21,000 workers in US tech sector laid off as of mid-June 2022 — Crunchbase tally

Letak dlm peti sejuk loh...nak buat apa lagi.

In July*

We will confirm recession in 1st or 2nd week when likely US Stats Q2 GDP. Q1 alrdy contracted

CEO is hiding?

By then will hv panic selling globally drop to RM7

1st or 2nd week of July will confirm if US GDP contracted for the consecutive 2 QR negative growth

Haha

AGM called off

Don't fight with the fed....tightening QE

For those interested in the latest restructure proposal, read appendix details in June 9 announcement
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Ya reading. They have set lunch A & B. Later just announce which set they want to eat....oh yeah saw the haircut thing

Sapura official website down these few days....gosh something bad signs ahead

Sapura milik kita punya