let recession comes, the sooner the better, then we can have a decade of growth infront of us. the economic cycle is always like that
==================================
True but it depends on which market you invest...have to becareful on your investing money. Some stock market or specifically in some countries, the ppl who run the economy just for fun...everyday wear branded shirt, the staff are fighting for the deputy big post, price increase they ask u to reduce usage....funny right...it's like gambling ur money in such market.

Where is the every 5-minute posting? 3 hours gone how can you guys slacking in your job? Where is your professionalism?

3 hours gone...why no one is working? Lazy cut salary

https://www.cnbc.com/2022/07/01/atlanta-fed-gdp-tracker-shows-the-us-economy-is-likely-in-a-recession.html

Atlanta Fed GDP tracker shows the U.S. economy is likely in a recession
PUBLISHED FRI, JUL 1 20229:58 AM EDTUPDATED FRI, JUL 1 20221:55 PM EDT

Maybank is the biggest lender among the involved banks for Sapura Energy loan.... (fact)

Time ticking bomb in 2023 after the extension of 9-month expiry by the court.

Singapore MTI yesterday in their parliament said their country is not expected any recession or stagflation in 2023. Well looks like my choice is left with US stock exhange now.

US Number 4 biggest banking stock
Citi Group
Share price dropped to now at $46.87...same level with April - May 2020 price range...wow great

Recession? No problem we are waiting for the opportunity to buy at bottom but but but not Bursa stock yeah

1st week of H2 alrdy drop below RM8.00. Well done
Let's the coming weeks will drop to the range RM6+ - RM7+

yes yes bocor

Between RM6-7, u are going to be on my radar babe

Telekom
late-2017 = RM6.30
Oct 2018 = RM2.15 (drop 3-fold from peak)
Feb 2021 = RM6.60 (increase 300% from bottom)

Tenaga
May 2018 = RM16
Current = RM8.00 (drop 1-fold with slow downtrend over 5-year)

Let's how low it can goes? if touch RM6-7, can start to put on my radar.

The next upcoming recession whether in end -2023 or early-2024, if the gomen don't want to let Maybank to drop to RM5.80. OK la worst case when all global stocks waterfall time, let's say Maybank drop at lowest RM7.00 like in year 2020 and bound back to RM9++. U only get capital appreciation 25%++. Compared to US big4 banking stocks u have 80%-100% capital appreciation in 1-2 years from market crash.

Flip-flop government policy
Instability politics, frog politicians.. everyone want to be PM
Over-qualified ministers holding gomen portfolio...janji gaji masuk
Bursa don't have valued companies? Got, u look at TOP glove share price. Who is shorting the price behind all this drop?
Cukai makmur? 51 share? Old man say something to other countries and we suffer as a result of boycott?

Sapura will pull all the banking stocks together

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
..............................................................................................................................
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