Trade carefully ya

Total outflows coming= USD3-5bil+ USD1.9bil= around USD7bil=MYR28bil from Malaysia capital market.

Malaysia’s market accessibility level is in danger of being downgraded under the FTSE’s global classification framework.

This will see Malaysia fall out of the World Government Bond Index (WGBI), which it has been a part of since 2004, to the Emerging Markets Government Bond Index (EMGBI).

“FTSE Russell Watch List of fixed income markets being considered for potential reclassification includes China and Malaysia.

“Malaysia, currently assigned a '2' and included to the WGBI since 2004, is being considered for a potential downgrade to ‘1’ which would render Malaysia ineligible for inclusion in the WGBI,” read a statement released by FTSE Russell yesterday.

However, it noted that FTSE Russell will continue to engage with local regulators and market participants in Malaysia to assess the potential changes to the classification.

Malaysia’s inclusion on the watch list for potential reclassification is not a guarantee of the reclassification, it said.

“These markets will be reassessed against the WGBI eligibility criteria at the September 2019 review.

“Any WGBI inclusion or exclusion changes resulting from the review and the timetable for their implementation will be announced shortly thereafter,” the statement read.

FTSE Russell also noted that in implementing this framework, countries currently included in the WGBI were assigned a preliminary market accessibility level of ‘2,’ while countries currently included in the EMGBI, but not in the WGBI, were assigned level ‘1’.

Bloomberg reported that the ringgit’s decline today was partly due to concerns about Malaysia possibly being dropped from the WGBI, as well as due to falling oil prices.

According to Singapore’s Mizuho Bank Ltd head of economics and strategy Vishnu Varathan, the ringgit is also affected by headlines from former prime minister Najib Abdul Razak’s trial related to 1MDB, as well as Malaysia’s dispute with the European Union over palm oil.

'Euphoria about Malaysian stocks has faded'

Bloomberg also reported today that the benchmark FTSE Bursa Malaysia KLCI Index is down 14 percent from a record in May 2018, calling it the “worst major market in the world so far this year” as it has slipped 3.6 percent.

“Hopes of luring back global investors to a battered stock market are dimming by the day for Malaysia’s government,” the financial daily reported.

Samsung Asset Management Co reportedly said the gloomy outlook for the Malaysian stock market is not likely to lift anytime soon.

“Malaysia will likely disappoint over the next year because since the new government came in power in May 2018, it has been lowering public debt with fiscal tightening.

“This will be the theme from May 2018 to May 2020,” said Alan Richardson, a regional fund manager at Samsung Asset in Hong Kong.

Now that it has been almost one year since Pakatan Harapan took over the government, euphoria about Malaysian stocks has faded, reported Bloomberg.

This is due to the new government’s struggle with cleaning up corruption and inefficiency within the administration.

The Harapan government also lowered its 2019 economic growth forecast last month, and has been on an austerity drive to rein in its budget deficit.

According to data compiled by Bloomberg, foreign investors have dumped over US$500 million worth of Malaysian shares so far this year.

However, the business daily noted that Jakarta-based fund manager at Aberdeen Standard Investments Bharat Joshi said he was “neutral” on Malaysia stocks.

Meanwhile, Richardson noted that his dim view of Malaysian stocks was not because there was a downside risk, but “just that there is nothing to be positive about over the next 12 months”.

of Dealing

Number of Shares

Percentage of Shares (%)

Consideration per Shares

Remark

Direct

Indirect

Direct

Indirect

15/04/2019

2,000,000
-

0.64

-

RM1.56

Acquisition of JTB’s shares

ame EDWARD GOH SWEE WANG
Descriptions(Class) Ordinary
Details of changes
No
Date of change
No of securities
Type of transaction
Nature of Interest
1
15/04/2019
2,000,000
Acquired
Direct Interest
Name of registered holder EDWARD GOH SWEE WANG
Description of "Others" Type of Transaction
Consideration (if any)

Circumstances by reason of which change has occurred Acquisition of Johore Tin Berhad (JTB)s shares
Nature of interest Direct Interest
Total no of securities after change
Direct (units) 16,656,920
Direct (%) 5.370
Indirect/deemed interest (units) 35,989,026
Indirect/deemed interest (%) 11.592
Date of notice 15/04/2019
Date notice received by Listed Issuer 16/04/2019

4.43pm alredo

go go go, aleh aleh aleh

good good

0.25 lai, sell sell, haha

not bad

If ekovest can be 0.80,wb huat macam pig head
This yr pig yr, either slaughtered as pig, or huat like pig head. Hehe.

TP mbb 0.55, wah

Wah, Vietnam. Sweet sweet ah. White and fair

Evolve mall a failure

Jaks mgt never change. So same.

Tropicana mall is a failure, sold it to cmmt. Starling mall started later also win them
.

Tht uncle said what ah, i will xxx your company. Hehe.

Punter, u must be analyst. Only analyst know serba
Shhhhh

Slaah hammer, cool

I give Lim another 2years for my money

River of life progressing well

I would rather tan sri of serba dinamik takeover. Tht guy can work!!

Who needs tht guy anyway. Pnb in the room.

Brent 71.64...come,sensitivity analysis, every 1usd up in brent, eps grow how much

Aiyo, bila durian runtuh. Ekovest best, durian belum tanah, sudah hasil.

Drop without volumes...... Something really brewing

lai liao lai liao.

Aiyo. You all focus wrongly. Ekovest tanam durian, focus on durian king, musang king. Forget ecrl.

Not so soon for this stock. 2021,2022 perhaps

Wong got 75mil shares. He sold all alredi. But shr price up. How ah

Notyet. Rm6 and below. Be greedy

Calvin, it says the whole construction sector dancing

Now, this stock totally exposed. 100% in making?

Calvin bro. You doing very well also. Wish all the best

Tht chinese words are from dave chong ya. Not me ya.

Lol.... Mkt is crazy

Dompilee is my sifu
His pick is damn geng

NTA RM1, Seremban ECRL theme play, goreng goreng 100%??

东铁ECRL重启，全场建筑股闻风起舞，相信有捞底的朋友都赚了不少钱。但东铁和政府工程赚幅铁定中砍，加上整体建筑行情仍十分低迷（业绩炸弹陆续有来），相信建筑股在东铁正式宣布后将sell on news转跌，这波行情十之八九是逃命波。

今天我们不谈炒到飞天的建筑股，转看一直被市场冷落的产业发展商AsiaPac。公司基本面没什么好说，产业销售依然低迷，不过好在沙巴商场和停车场业务表现不错，2019财政年首9个月还有1000万令吉的盈利。

不过近期最值得关注的是，东铁改道至森美兰州，当地圈子盛传Labu（Seremban与Nilai中间）将会是其中一站。除了当地大地主Sime Darby，AsiaPac也有一片400英亩的空地，2006年买进的价格只有5500万令吉。若参考CCM去年9月份以2150万令吉卖出18英亩的Labu地段，目前AsiaPac这块400英亩地皮市价已经去到4.8亿令吉，翻了近10倍。

若东铁在这两周宣布的新线路确定经过Labu，地皮市价肯定还会往上冲。好运中jackpot的话被政府征地建车站，很难说股价会不会因此limit up（当然是被炒作）。

多说无谓，公司和新政府关系如何？翻看公司年报，一众马来董事与希盟副主席Muhyiddin关系相当不错，担任其基金会的常任委员，也曾经是马哈迪首相90年代的经济顾问。至于退居幕后的掌权大股东马守中，目前在中国发展得风生水起，会否伸出援手拉近马中关系？

股价方面，最新股价距离5年新低0.11令吉不远，相信所有负面看法已经反映在股价上。净资产价值NTA接近1令吉，股价对账面价值只有区区0.13倍，本益比同样不到10倍

TP 0.30 right?hahaha

chart looks good
1.80 anytime this month? hehe

Good luck trading guyd

Ya. Dont contra. Buy as normal. Wait duke 3

Time to say bye bye. Happy trading

Agree

He din get enough. 60% alredi, avg up is safer now

Mkt no theme to goreng, so everyone will goreng ecrl theme temporary. Trade cautiously

Belum tanam durian sudah durian runtuh, great! Hahahaha

He is making strategic invt joining those big boys in China. Longterm strategic! I like his foresight on block chain. Its going to be future game changer once the technical and law mature

Lets see show today if break 0.20