Followers
0
Following
0
Blog Posts
0
Threads
3,577
Blogs
Threads
Portfolio
Follower
Following
2018-05-21 10:02 | Report Abuse
Don't say I don't warn you. Sayonara. Still have time until suspension
2018-05-21 09:59 | Report Abuse
If break RM1.80, may reach RM1.50. Sell off before reaching RM1.50
2018-05-21 09:50 | Report Abuse
Now still have time. Sayonara.
2018-05-21 09:49 | Report Abuse
Cut loss and increase chance of gain.
2018-05-21 09:47 | Report Abuse
Switching from falling stock to potential gaining stock.
2018-05-21 09:42 | Report Abuse
Buy FGV better because many lands assets.
2018-05-21 09:38 | Report Abuse
If break RM2.00, it may slide to RM1.80. Better sell off first before reach RM1.80.
2018-05-20 21:44 | Report Abuse
The share price dropped very sharp this week. Will it continue fall on Monday? Better sell it quickly before drop until bottom of the sea.
2018-05-17 13:51 | Report Abuse
With no gst,
Company manufacturing cost decrease in term of raw materials and packaging. Low cost mean low price. Cheaper. Demand and sale of the products will increase. Mean increase in profits.
2018-05-17 13:45 | Report Abuse
When no gst,
Developer cost will reduce in term of raw materials. Mean cheaper price of properties.
Demand and sale of properties will rising mean increase of profits.
2018-04-27 13:35 | Report Abuse
After GE14, the stocks market will return to normal due uncertainty faded.
2018-04-27 13:33 | Report Abuse
After GE14, the uncertainty will fade away. On that time, all the stocks market will move.
2018-04-16 17:43 | Report Abuse
Could the Fed Set Off a Debt Bomb?
According to the Institute of International Finance, global debt reached a record $237 trillion in 2017 -- more than 327 percent of global GDP. Since 2007, when borrowing levels were a key factor in the financial crisis, debt has increased by $68 trillion, or more than 50 percent of global GDP.
2018-04-14 14:24 | Report Abuse
Crude oil price may uptrend if geopolitics worsen.
2018-04-13 10:50 | Report Abuse
TRADE TENSIONS
Southeast Asia feared next on list for US trade sanctions
Thailand's exchange rate policy comes under Washington scrutiny
HIROSHI KOTANI, Nikkei staff writer
April 09, 2018 20:14 JST
Trade tensions with the U.S. will hurt Thai exports that are crucial for its economic growth. (Photo by Keiichiro Aasahara)
BANGKOK -- The U.S. administration of President Donald Trump could aim its protectionist measures at Southeast Asian countries, with Thailand likely the first target, an analyst said.
Thailand could find itself on a watchlist of countries the U.S. Treasury closely monitors for foreign-exchange intervention. The treasury is expected to issue a biannual report that analyzes the currency policies of trade partners this month and in October.
In the last report, five countries including Japan, China and South Korea remained on the watchlist, as they were in the previous report. In addition, Malaysia and Vietnam are also running large trade surpluses against the U.S., making them also likely targets.
2018-04-13 10:49 | Report Abuse
TRADE TENSIONS
Southeast Asia feared next on list for US trade sanctions
Thailand's exchange rate policy comes under Washington scrutiny
HIROSHI KOTANI, Nikkei staff writer
April 09, 2018 20:14 JST
Trade tensions with the U.S. will hurt Thai exports that are crucial for its economic growth. (Photo by Keiichiro Aasahara)
BANGKOK -- The U.S. administration of President Donald Trump could aim its protectionist measures at Southeast Asian countries, with Thailand likely the first target, an analyst said.
Thailand could find itself on a watchlist of countries the U.S. Treasury closely monitors for foreign-exchange intervention. The treasury is expected to issue a biannual report that analyzes the currency policies of trade partners this month and in October.
In the last report, five countries including Japan, China and South Korea remained on the watchlist, as they were in the previous report. In addition, Malaysia and Vietnam are also running large trade surpluses against the U.S., making them also likely targets.
2018-04-13 10:48 | Report Abuse
The next Japan is not China but Thailand
Once the wildest of emerging markets, Thailand is ageing fast. Its economic policymakers need to change course
2018-04-13 10:42 | Report Abuse
A Hong Kong Dollar at the Weak End Is No Reason to Panic
The HKMA's job is to be passive as long as the currency is within the peg.
By Shuli Ren
April 12, 2018, 1:24 PM GMT+8
Photographer: PashaIgnatov/Getty Images
It's time to face facts. Interest-rate arbitrage no longer works -- the Hong Kong dollar is being driven more by money flows from China.
The city's currency fell to HK$7.85 per dollar on Thursday -- the weak end of its permitted band for the first time since the range was imposed in 2005. The Hong Kong Monetary Authority said it stands ready to fulfill any requests from banks to buy at that level.
2018-04-13 10:39 | Report Abuse
HKMA steps in as Hong Kong dollar hits weak end of trading band
By Donny Kwok and Twinnie Siu
HONG KONG, April 13 (Reuters) - Hong Kong's de facto central bank stepped into the currency market again in U.S. trading hours, buying HK$2.442 billion ($311 million) in Hong Kong dollars from the foreign exchange market as the local currency hit the weaker end of its trading range.
On Thursday, the Hong Kong Monetary Authority (HKMA) said it bought HK$816 million from the currency market.
This was the first time since the trading band was introduced in 2005 that the weak-side convertibility undertaking (CU) at 7.85 to keep the Hong Kong dollar closely pegged to the U.S. currency had been triggered.
The HKMA said the undertaking was triggered in London trading hours.
"I reiterate that the HKMA will buy Hong Kong dollars (HKD) and sell US dollars at 7.85 level to ensure that the HKD exchange rate will not weaken beyond 7.8500," Norman Chan, chief executive of HKMA, said in a statement.
"Such operations are normal and in accordance with the design of the Linked Exchange Rate System."
The Hong Kong dollar touched the lower end of the central bank's trading band target as the interest rate gap between the greenback and the local currency widened.
As the former British colony pegs its currency to the dollar, its money market rates should mirror those of its U.S. counterpart, but the gap has now widened to more than 117 basis points since the U.S. Federal Reserve started raising interest rates from the ultra-low levels adopted in the 2008 financial crisis.
Hong Kong's markets have remained flush with excess cash, keeping a lid on Hong Kong dollar interest rates.
Most market participants do not see the current bout of weakness as a threat to the currency peg even though high liquidity stemming from Chinese and overseas investment into Hong Kong's domestic markets is anchoring short-term interest rates and putting downward pressure on the currency.
The latest intervention, bringing the total amount of local currency bought to HK$3.258 billion, will reduce the aggregate balance - the sum of balances on clearing accounts maintained by banks with the HKMA - to HK$176.52 billion on April 16, according to Reuters data.
The Hong Kong dollar is pegged at 7.8 to the U.S. dollar, but can trade between the high and low limits of 7.75 and 7.85. Under the currency peg, the HKMA is obliged to intervene when the Hong Kong dollar hits 7.75 or 7.85 to keep the band intact.
2018-04-13 10:38 | Report Abuse
HKMA steps in as Hong Kong dollar hits weak end of trading band
By Donny Kwok and Twinnie Siu
HONG KONG, April 13 (Reuters) - Hong Kong's de facto central bank stepped into the currency market again in U.S. trading hours, buying HK$2.442 billion ($311 million) in Hong Kong dollars from the foreign exchange market as the local currency hit the weaker end of its trading range.
On Thursday, the Hong Kong Monetary Authority (HKMA) said it bought HK$816 million from the currency market.
This was the first time since the trading band was introduced in 2005 that the weak-side convertibility undertaking (CU) at 7.85 to keep the Hong Kong dollar closely pegged to the U.S. currency had been triggered.
The HKMA said the undertaking was triggered in London trading hours.
"I reiterate that the HKMA will buy Hong Kong dollars (HKD) and sell US dollars at 7.85 level to ensure that the HKD exchange rate will not weaken beyond 7.8500," Norman Chan, chief executive of HKMA, said in a statement.
"Such operations are normal and in accordance with the design of the Linked Exchange Rate System."
The Hong Kong dollar touched the lower end of the central bank's trading band target as the interest rate gap between the greenback and the local currency widened.
As the former British colony pegs its currency to the dollar, its money market rates should mirror those of its U.S. counterpart, but the gap has now widened to more than 117 basis points since the U.S. Federal Reserve started raising interest rates from the ultra-low levels adopted in the 2008 financial crisis.
Hong Kong's markets have remained flush with excess cash, keeping a lid on Hong Kong dollar interest rates.
Most market participants do not see the current bout of weakness as a threat to the currency peg even though high liquidity stemming from Chinese and overseas investment into Hong Kong's domestic markets is anchoring short-term interest rates and putting downward pressure on the currency.
The latest intervention, bringing the total amount of local currency bought to HK$3.258 billion, will reduce the aggregate balance - the sum of balances on clearing accounts maintained by banks with the HKMA - to HK$176.52 billion on April 16, according to Reuters data.
The Hong Kong dollar is pegged at 7.8 to the U.S. dollar, but can trade between the high and low limits of 7.75 and 7.85. Under the currency peg, the HKMA is obliged to intervene when the Hong Kong dollar hits 7.75 or 7.85 to keep the band intact.
2018-04-04 16:34 | Report Abuse
Better down to 0.01, then can buy many.
2018-04-04 16:33 | Report Abuse
If price still, better down to 0.10. I want to buy
2018-03-28 18:09 | Report Abuse
China is the world's biggest crude consumer and buys most of its oil from Russia. However, most settlements are still in US dollars. The launch of the petro-yuan now allows Moscow and Beijing to use national currencies instead.
China and Russia are actively reducing dependence on the dollar in bilateral trade. In October 2017, Beijing launched a payment system for transactions in yuan and Russian rubles. This means that settlements for Russian oil deliveries to China, which have reached 60 million tons per year, can be done without using the dollar.
After Monday's launch of the yuan-backed oil futures in Shanghai, there have been negotiation between Russia and China on mutual promotion of oil futures in national currencies, RIA Novosti reported. In 2016, the St. Petersburg exchange in Russia launched Urals oil futures in the Russian ruble, and support from China could prop up Russian crude futures.
China's new oil benchmark had a hugely successful debut. On the first day of trading in Shanghai, 62,500 contracts with more than 62 million barrels of crude traded for a notional value of nearly 27 billion yuan ($4 billion), Zerohedge reported. Glencore, Trafigura, Freepoint Commodities and other huge oil-trading corporations took part.
Russia held its position as China's largest crude oil supplier in February. Russia supplied 5.052 million tons, or 1.32 million barrels per day (bpd) last month, up 17.8 percent from a year earlier, according to Reuters, quoting the Chinese General Administration of Customs.
The increase in volume happened as a result of a second Sino-Russian oil pipeline, which began operations on January 1. It doubled China’s capacity to pump oil from the East Siberia-Pacific Ocean (ESPO) system. ESPO connects Russia and China with a direct pipeline
2018-03-27 10:58 | Report Abuse
After the election, myr may uptrend to 3.50 against USD.
2018-03-27 10:56 | Report Abuse
After the GE14, it shoot up to 3.50 against USD
2018-03-27 10:54 | Report Abuse
After GE14, ringgit may go up to 3.50 against USD.
2018-03-26 09:40 | Report Abuse
Fabio Teixeira / Pacific / Barcroft via Getty Images
Currency speculators continue to shun the US dollar.
Net short positioning among this cohort has hit the highest level in nearly four years.
Traders favouring the Japanese yen and commodity currencies such as the Australian, Canadian and New Zealand dollars.
The US dollar remains on the nose with currency traders.
According to ANZ Bank, citing data from the US Commodity Futures Trading Commission’s (CFTC) latest Commitment of Traders (CoT) report, leveraged funds sold the greenback again last week, leaving net short positioning in the dollar at the highest level since May 2014.
This chart from ANZ shows net US dollar positioning overlaid against movements in the US dollar index, or DXY.
2018-03-26 09:39 | Report Abuse
Fabio Teixeira / Pacific / Barcroft via Getty Images
Currency speculators continue to shun the US dollar.
Net short positioning among this cohort has hit the highest level in nearly four years.
Traders favouring the Japanese yen and commodity currencies such as the Australian, Canadian and New Zealand dollars.
The US dollar remains on the nose with currency traders.
According to ANZ Bank, citing data from the US Commodity Futures Trading Commission’s (CFTC) latest Commitment of Traders (CoT) report, leveraged funds sold the greenback again last week, leaving net short positioning in the dollar at the highest level since May 2014.
This chart from ANZ shows net US dollar positioning overlaid against movements in the US dollar index, or DXY.
2018-03-25 23:34 | Report Abuse
China Prepares Death Blow To The Dollar
By ZeroHedge - Mar 24, 2018, 12:00 PM CDT China Dollar
On March 26 China will finally launch a yuan-dominated oil futures contract. Over the last decade there have been a number of “false-starts,” but this time the contract has gotten approval from China’s State Council.
With that approval, the “petroyuan” will become real and China will set out to challenge the “petrodollar” for dominance. Adam Levinson, managing partner and chief investment officer at hedge fund manager Graticule Asset Management Asia (GAMA), already warned last year that China launching a yuan-denominated oil futures contract will shock those investors who have not been paying attention.
This could be a death blow for an already weakening U.S. dollar, and the rise of the yuan as the dominant world currency.
But this isn’t just some slow, news day “fad” that will fizzle in a few days.
2018-03-25 23:33 | Report Abuse
China Prepares Death Blow To The Dollar
By ZeroHedge - Mar 24, 2018, 12:00 PM CDT China Dollar
On March 26 China will finally launch a yuan-dominated oil futures contract. Over the last decade there have been a number of “false-starts,” but this time the contract has gotten approval from China’s State Council.
With that approval, the “petroyuan” will become real and China will set out to challenge the “petrodollar” for dominance. Adam Levinson, managing partner and chief investment officer at hedge fund manager Graticule Asset Management Asia (GAMA), already warned last year that China launching a yuan-denominated oil futures contract will shock those investors who have not been paying attention.
This could be a death blow for an already weakening U.S. dollar, and the rise of the yuan as the dominant world currency.
But this isn’t just some slow, news day “fad” that will fizzle in a few days.
2018-03-25 15:13 | Report Abuse
Oil price crosses $70 amid Iran deal tensions
24 MARCH 2018
Oil prices rose as investors saw increasing possibility that the US could withdraw from the historic Iran nuclear deal.
Crude oil prices posted their biggest weekly gain in eight months with rising geopolitical risk in the Middle East threatening security supply once again.
International benchmark Brent crude gained 6.6 percent this week, briefly reaching $70.58 a barrel on Friday.
American benchmark West Texas Intermediate (WTI) rose 5.7 percent this week and climbed as high as $66 a barrel.
While both benchmarks reached Friday their highest level since January 29, they also posted their best weekly gains since the last week of July 2017.
2018-03-25 15:12 | Report Abuse
Oil price crosses $70 amid Iran deal tensions
24 MARCH 2018
Oil prices rose as investors saw increasing possibility that the US could withdraw from the historic Iran nuclear deal.
Crude oil prices posted their biggest weekly gain in eight months with rising geopolitical risk in the Middle East threatening security supply once again.
International benchmark Brent crude gained 6.6 percent this week, briefly reaching $70.58 a barrel on Friday.
American benchmark West Texas Intermediate (WTI) rose 5.7 percent this week and climbed as high as $66 a barrel.
While both benchmarks reached Friday their highest level since January 29, they also posted their best weekly gains since the last week of July 2017.
2018-03-24 17:56 | Report Abuse
Safe haven are eur,jpy,chf,gold
2018-03-24 17:54 | Report Abuse
Currencies vulnerable to trade war are hkd,nzd,aud,usd,cad,try,cny,
2018-03-23 12:39 | Report Abuse
China is taking a measured approach with its proposal to slap retaliatory tariffs on U.S. goods, according to experts.
Beijing on Friday said it may target 128 U.S. products with an import value of only $3 billion in response to President Donald Trump's announcement of tariffs on up to $60 billion in Chinese imports.
U.S. goods exported to China in 2016 totaled $115.6 billion, according to official data. Given the size of the two countries' trade, Beijing's limited focus on just $3 billion of U.S. imports is "very cautious," according to a former assistant U.S. Trade Representative for China Affairs.
2018-03-23 12:37 | Report Abuse
China is taking a measured approach with its proposal to slap retaliatory tariffs on U.S. goods, according to experts.
Beijing on Friday said it may target 128 U.S. products with an import value of only $3 billion in response to President Donald Trump's announcement of tariffs on up to $60 billion in Chinese imports.
U.S. goods exported to China in 2016 totaled $115.6 billion, according to official data. Given the size of the two countries' trade, Beijing's limited focus on just $3 billion of U.S. imports is "very cautious," according to a former assistant U.S. Trade Representative for China Affairs.
2018-03-22 09:30 | Report Abuse
Brent uptrend $69 per barrel and above.
2018-03-16 21:10 | Report Abuse
The dollar slumped on Friday, sliding the most against the yen, as traders moved into currencies considered more safe. The move came as U.S. political worries returned, on reports that U.S. President Donald Trump was planning to fire his national security adviser, H.R. McMaster.
2018-03-16 21:09 | Report Abuse
The dollar slumped on Friday, sliding the most against the yen, as traders moved into currencies considered more safe. The move came as U.S. political worries returned, on reports that U.S. President Donald Trump was planning to fire his national security adviser, H.R. McMaster.
2018-03-16 14:52 | Report Abuse
When will the right issue come out? Until now, no news.
2018-03-16 14:39 | Report Abuse
Is epf goreng up? If does, then be cautious. May goreng temporary and dump to you guy. At the end, it will fall. Ada untung banyak, boleh jual dulu.
2018-03-05 12:09 | Report Abuse
Si botak will not fry the share. He will release the umpan and pancing the fish. The fishes is people who chase the share.
2018-03-03 20:50 | Report Abuse
So long only up few cents. Waste of time to collect it.
2018-03-03 20:48 | Report Abuse
I don't believe psiptek will going up. Just up little bit to pancing you guy.
2018-02-09 17:51 | Report Abuse
US Government shuts down for second time in 2018 as Congress misses deadline.
2018-02-09 17:49 | Report Abuse
US Government shuts down for second time in 2018 as Congress misses deadline.
Stock: [CMSB]: CAHYA MATA SARAWAK BHD
2018-05-21 10:04 | Report Abuse
Move to other reliable counter than this one.