When EngineeringProfit shows up, we all leave as it is washing the posts.

It's very hard to predict what will happen next week now as stimulus plans around the work will kick in to protect the stock market.

We look at worst case scenario. If we rush back into work place, we may risk the chance of getting rid of the virus once and for all.

The minimum forecasted incubation period is 14 days. Confidence only comes back when we are very sure that the virus is contained. There are more and more cases showing that the incubation period is getting longer than 14 days. Check out patient#26, he went to China the middle of January and only showed symptoms on the 27th of February. 40 days! He may have caught the virus somewhere else, maybe not from China.

The longer the lockdown the better. It hurts the economy in the short run but it actually saves the economy in the long run.

Earnings no surprise. No dividend though. Boss promised dividend in 2020 but it doesn't have to be in the 1st quarter.

I think Singapore will treat this virus seriously from now on as kids in the international schools are having a massive infection rate yesterday.

Singapore's experts were treating covid as SARS. They may need to upgrade/update their protocol soon.

Those who are kiasu and rushed to supermarket packed with crowds on the 16th and 17th may only show symptom on April fool day, if one of them is infected with the virus.

Almost all stocks are shooting up as expected:

1) People think Dow Jones has reached a bottom
2) US stimulus package is very packed with bullets (most bullets in US history)
3) Most Malaysian are too free and has nothing to do (many are planning to use profit in stocks to cover their expenses in the coming months)

I am not buying anything mentioned by James. To him, almost all stocks are good if you can keep for a few years. He is selling his course as his top priority.

James always ask people to buy stocks that you can keep for a few years.

If stocks that you can keep for a few years, you can almost buy any stocks. All stocks are good.

At least you need to look at PE, EPS, Revenue and ROE. If you don't like TA, at least you need to look at PE. EPS is better than PE because you can see the components that make up the PE. ROE can tell whether the management is abusing the fund on hand. Revenue can tell whether the business is good.

Malaysia confirmed case dropped. Trump said virus is not scary and unemployment is more scary.

US Fed unlimited QE (last bullet) will devalue USD eventually.

All bad for glove.

Those who predicted the ability of Donald Trump to goreng stock market, is now being paid handsomely.

USD may be weakened more due to QEs.

With aggressive testing, single digit confirmed case?

On 14 March, 1600+ from Tabligh reported to have breathing difficulty. I estimate the gov test 100-200 of them daily. Not really sure how many GH can test per day, but I don't think it can be quick. By counting the date, most of them have been tested by now. What we see from now maybe from the second wave, the friends and relatives of those 1600+ and those from 12500 attendees who ran away hiding.

Swabbing takes 6 hours to confirm the result.

If you are afraid to be missing a golden opportunity, buy something that you are going to keep for the next few years, bit by bit.

Those who bet no black Monday is getting rewarded today.

As expected, we see a surge in confirmed case today.

But virus doesn't look at curve.

Delaying an explosion of curve will only invite more new cases, as rakyat was not afraid and did not exercise caution as they didn't see an explosion.

Those who are betting a black Monday may be dissapointed now.

US is fighting back strongly.

Because this superman is not a pure glove stock.

Maybank was the most stable stock in the past crisis as the government will protect this bank no matter how.

There may be another strong one coming CIMB. It depends on whether this current gov can last long. Most likely it will.

ROE not high enough. Privatize need to work very hard.

If tonight Black Monday, tomorrow sales again?

It is now like a bet of whether tonight is black or white.

Mari Mari Beli Tetap Jauhkan Tangan!

The world is heading towards depression. Even Warren buffet has not experienced a depression before. He was born in 1930.

Haha... follow exactly like US futures (gambling mode).

All recovering as US Dow Futures are recovering.

Malaysians now very free. Can follow Dow Futures so closely.

Most stable stock in KLSE.

Now he has "Chinese Virus". He will prevail...

Yes, the daily chart of last Friday looks almost the same as the Dow futures on the same period of time.

It seems that people are using futures to gamble on real stocks.

This is what happens when everyone is too free.

看到面子书一个中了招住吉隆坡的华人说，一个医生跟她说两个星期不可能解封因为政府现在医疗严重短缺。但几个小时前，卫生部长又公布，现在一切医药资源充足，一定有能力战胜这场瘟疫。忽然公布这个觉得有点不正常。

不要乱传这个。现在政府很敏感这个话题。

第三波回弹应该是SRR从2%调至1%。

I think the curve was already flattened long ago with slow testing.

If the 1600+ who are sick to be tested at once, there is no way it is a flattened curve. It should be a much more serious curve than Italy.

Since the Health Minister just announced they will do many testings from now on, you should see a surge in +ve cases in the coming days.

It all depends on whether Trump can push market up tonight.

Since Trump's senators already sold 2 weeks ago, letting it drop further also never mind.

I don't think Trump need to push the market up. The use of "Chinese Virus" is good to justify any drops in stock market.

So many bad news in the West for the past few days and so many stimulus plans will wobble the market tonight.

Last Friday super surge is making many people FOMO. (google/wikipedia if don't what it means)

If tomorrow crashes, we need to thank BNM for pushing the market up.

KLCI in FOMO mode.

BNM last Thursday action is giving banks super confidence last Friday.

The last Friday surge is making many saliva coming out and cannot resist any downside in price as many think if they don't make money from stock market this week, the coming recession will KO many people.

Super Duper Strong Rebound last Friday is making many people FOMO.

Maybe someone who bought at 1.00?

KLCI is now the strongest in the region.

Singapore now drops 8%.

Malaysia only drops 2.5%.

Malaysia so strong!

The best is still social distancing.

Novel virus means our T-cells doesn't have any record of the virus footprint yet. When it enters your body through ducts in your eyes, nose, throat, mouth, our cells will say "Welcome!".

It is dropping like this because

1) Russia is trying to push the oil price down to collapse USA.
2) Corona virus vaccine will only come in September the earliest
3) No medicine to treat covid-19 yet

Eventually tech stocks may come to PE of 10.

But if you are afraid of missing the boat, you can buy a bit at every sharp fall just to soothe the gatal feeling.

If this recession is super big, companies may merge or ...

Eventually things will be OK. Those cash rich companies will survive. Others will resort to additional listings to dilute the share price.

But when the corona thing is not resolved or subsided in the US, more room to fall. The longer it takes to get resolved, the chance of cash shortage is higher which put extra stress on banks.

Watch out on banks... when they are getting a huge discount, .... the bottom is near.

US Vaccine will arrive in September the earliest. China version may come a bit earlier.

By the time the vaccine comes, the virus might have mutated until vaccine(ah ma) also cannot recognise.

Many countries have gone through the exponential (explosion) phase but many others are heading towards the exponential curve like our country.


Our country is a bit different, around 1600 got hit at the same time with 10,000 running away from testing. We might have something worse than Iran or Italy coming soon.

China and US started vaccine test on human these few days. Seems that US is ahead of China by two days. Usually human trial takes 6 months to complete. China might shorten the testing phase. If it is shortened, countries outside China will not use the vaccine unless you are very desperate.

I think everyone is afraid of the coming recession.

But the recession will be OK before the US presidential election in November.


But before that I still think the coming recession will look like 2008+2000+1997+1987+1929.

Companies that can survive this will do very well in October.

Just my guess. I can be very wrong. Warning...

Although EPS still looks good, people now afraid of the coming recession... This recession may be the mother of all recessions.

1929
1987
1997
2000
2008

很多讲这次比以上的还糟。百业萧条是很多年轻人不能明白的东西。

这次的股灾应该是在考：“哪一家公司不会倒闭？”

没法子。英国首相不知吃了什么药。

You remember why Trump keeps attacking US Fed? Because USD is too strong as interest rate is too high, nobody wants to go to US to set up factory.

Money can stay there as cash. Money doesn't have legs.

Of course, it will still go somewhere but not 100%. Some will stay as cash. Some will go to blue chips and some will go to foreign currencies and some will go to precious metals.

PE now around 17.

Recession 10-15. Recession + Disaster 5-10. Normal 20. ID4 hype 35-40.

South Korea is doing 1000 testings per day and many with drive-through using your own vehicle.

UK on suicide mission. Many old folks will die for sure. Survivors will rebuild UK in the aftermath.