Ya lor, wonder why James keep on telling people to buy high PE stocks.

英国疯子建议 干脆把全英国人感染，适者生存。

他忘了很多老人家会死。

但是过后剩下的年轻人就会负担轻。

I think it is due to Boris Johnson's proposal and low ROE for this company.

Meaning, UK property price will plummet. Who wants to be in UK now?

Low ROE means employee first, shareholder last.

PE around 20 now.

I think this is a good move by our new PM. Finance minister that is not a politician will work hard for the economy and not for the party.

Well said. Technical analysis are just to detect a trend. During market correction, all trends will be broken.

If no change of government, contract will keep coming?

I thought you only asked about Ecoworld.

PE still around 27 after the correction today. Who pushed the price so high previously?

SupremeBeing, you didn't check the price of other counters?

PE still around 30. ID4 boost tech stocks from PE20 to PE30. Recession will press the PE back to 20. Still no sign of recession, maybe next quarter will see signs.

If you don't understand what I am saying, are you an engineer from Penang factories who try to goreng stocks without any stock market knowledge?

Maybe spooked by Penang Motorola case...

Oil price was hit by low demand of oil as less people travelling + many middle eastern countries refused to cut oil production.

Things may change. Cut or no cut production can be changed in a minute.

Three things are spooking KLSE now:

1) Coronavirus spread locally and internationally wildly
2) Malaysian government may have the ruling party change on the 18th of May
3) Dow futures drop more than 1000 pts now (rumor : someone is White House is infected)

Maybe UK to have an outbreak soon but only update status every Friday not to cause panic.

This virus loves calmness by the way.

Our current PM chair only firm after May 18th.

If there is an outbreak, it may delay further.

Get finger crossed that no local transmission these few weeks.

Consolidation will not change the shareholder's benefit. Somebody thought consolidation is dilution. It's just to reduce the number of shares and boost the share price.

But there is one thing that is negative: bad earnings.

New PM will be announced tomorrow.

UMNO2.0 is a certainty.

Jho Low and Najib will celebrate like no tomorrow.

Congratulations to them!

Wish them healthy, long life and prosper!

Anwar has no option except to wait for another 3 years. During this time, he has to work hard as opposition.

Blame DAP and praise Tun now? Tun did all the best thing for the country?

We can only know if there is an election next Monday maybe after market close.

A sad day for Malaysia.

Foreign companies or companies selling foreign goods will sell to prepare for a potential coming election.

Sadly we can only confirm late next Monday if there is a election coming.

Today and next Monday will be bad.

PE now around 30. Reach 20 whenever there is a crisis. But 20 is too low for a heating sector benefited from US-Sino trade war. Expect it to stay in around PE25 which is around 1.88.

Amazon PE stuck at 80 because Amazon is killing all its competitors and became king in online retail biz and create good wills in non-retail biz such as online movie streaming and tablets. I don't think this company can kill all its competitors and also create a good well in other sectors as well.

Yes, fools. Too afraid to hold any stocks now.

And the excellent Leno will be holding a party too!

Current looks ok although still not cheap. But what if the announcement is made next Monday that the parliament is going to dissolve? Sure Jho Low and Najib will be holding a celebration party, but how about the stock market?

Chance for UMNO 2.0 is very high. Any stocks can buy next Tuesday?

This company has the worst Q4 result so far.

PE of around 40 is still acceptable by kids in Penang. Investors love to see a PE less than 20.

But who knows Penang factories may be Amazon in the making, enjoy a PE of 80s as it has the potential the making big money as biz will be heading towards Malaysia after the slump in China.

Oops, we may be having an election soon! So all the come-to-Malaysia plans may be on hold for now.

Time to go back to ground. Tech stocks has been favouring a PE of 50 for the past few months.

Mostly due to speculations that factories will be set up in Malaysia than China. Young kids in Penang (most tech companies with price surged are in Penang) are making tons of money by just spreading this news. They helped push the PE from 25 to 50!

Now we may be facing a fresh election soon, it's time for tech stocks to adjust the acceptable PE down a bit.

Elections when there is an international crisis? This coronavirus is way more contagious than SARS although they are from the same family. There is also a chance that this virus has mutated.

The mutated Spanish flu killed many in the 1910s. The original one did not.

Now Agong has to choose between Mahathir and Anwar. Hope no dismissal of parliament or the country will be in a chaos.

I think people are afraid to hold stocks now. Stock up face mask instead.

Now we know who is the bad guy in politics right?

So that this company can imitate DUFU?

Where is the earnings?

Why no QR?

CDC around the world already said using convetional monitor body temperature is useless. Infected person can infect others without any symptoms. If you insist to use the SARS protocol... it means...

Covid-19 is way more contagious than SARS. It is like SARS with FLU armor, able to enter human cells using a swiss army multipurpose key. If you don't protect yourself before is medicine is out...

China trying to give good news or CCP is gone case although the situation is still not very encouraging. Who knows, China may prevail using iron fists against this super stealthy virus.

The focus maybe now in Japan as new cases rise. For China, most people doubt the numbers.

China almost under control... need to wait for a few more weeks to confirm.

Need to see how Penang bosses goreng Dufu and Greatec... by just saying they are the beneficiaries of US-Sino trade war. No need to prove in the earnings.

I think a lots of factory bosses and management in Penang bought a lots of their own shares and simply spread news that they are the beneficiary of US-Sino trade war.

So far still cannot see boost in earnings in most of these factories.

So far still don't see good numbers in the earnings in this company.

A lots of young gamblers in the Penang factories these days.

It is a tech company. Nasdaq earthquake can affect all tech companies for 1 session.

Indonesia skipped all screenings as they claim they are too poor to do so. Malaysia is considered good as least we are trying to detect fever although we all know that many transmissions are without fever.

This virus is 10 times more contagious than SARS and Malaysia and WHO(Wuhan Health Organization) are still using SARS protocol. BTC is a serious sickness that no medicine can cure.

Bat or P4? Huanan Seafood Market doesn't sell bats but other animals that may eat bats.

Xi trying to calm the market.

US trying to give warnings...

Who will win?

Still undervalue if you compare it to Greatec and Dufu, two Penang factories benefited from trade war and virus as US companies are moving out of China.

Nasdaq futures dropped 100bpts as expected.

If only Apple gives warning, impact should not be too big.