hahahahaha... yeah I jokes a bit sometime...

Buffet has a deep pocket to allow him to average down and hold for 20 yrs...

we small retail investor should just ride with the tide, the wind, the trend to make most of it...

Ahealth, Ql, Ranhill, GCB, Supermx all trend up... why tie here?

Former Malaysian PM Warns Of "Economic Crisis" If Brent Trades Below $70

by Tyler Durden
Mon, 11/12/2018 - 23:20

Najib Razak, the former prime minister of Malaysia, warned that the country is headed for an economic collision of massive proportions should ICE Brent Crude contracts trade below $70. As of Friday, Brent Crude contracts settled at 70.18, which he also warned that Moody's decision to downgrade the country's credit rating to negative could be imminent.



The former prime minister, who was previously arrested in July for involvement in the 1MDB scandal, explained in a Facebook post that the recent bear market in oil would see the country's deficit explode and the Malaysian ringgit continue to depreciate as the Federal Reserve signals further rate hikes.


“The pressure on the government’s fiscal position will double,” Razak warned.

This, Razak said, the country would have to issue a higher dividend to cushion the shortfall in revenue for Petronas, the country's national petroleum company.

In doing so, he said that could severely impact Malaysia’s credit rating for 2019.

“This is when oil prices are said to be high and stable. But what if oil prices drop?... What buffer do we have to cushion an oil crisis, if it happens again?," he questioned.

On Thursday, Moody’s affirmed the A1 domestic issuer and foreign currency senior unsecured ratings of Petronas but altered its outlook from stable to negative.

"The rating agency also affirmed the A1 rating for Petronas Capital Ltd’s senior unsecured notes and the US$15 billion medium-term note (MTN) programme as well as sukuk issued through Petronas Global Sukuk Ltd, but changed its outlook to negative from stable.

Moody’s said the rating action was due to the government’s announcement that Petronas would be paying RM26 billion in dividends in 2018 and RM54 billion (inclusive of a one-off special dividend of RM30 billion) in 2019," Free Malaysia Today.

Moody’s also said the 2019 budget indicates Malaysia’s high debt levels are likely to continue for longer than expected, as deficits break above 3% of GDP for the next several years.

On November 02, prime minister Dr. Mahathir Mohamad said Petronas could afford to contribute the RM30 billion special dividend to the federal government in 2019 due to higher oil prices.

“Yet, the Pakatan Harapan government is depending a lot on oil in 2019, and if the price of oil plunges below US$70 as projected, the Malaysian economy could experience an economic crisis," said Razak.

Razak's warning of an immient economic crisis in Malaysia is coming at a time where a global slowdown is beginning to materialize for 2019.

The sharp drop in global equities in October was a remarkable warning shot that trade wars, monetary tightening, and a commodity bust in energy are some of the fundamental triggers of the next global crisis.

During a turning point in an economic cycle, the weakest balance sheets, if that is of companies and or countries, tend to break first.

All eyes of Malaysia for 2019, as it could be the canary in a coal mine for the next economic crisis.

Oops... besides oil... here is another thing

Frozen Out of China, American Farmers Refuse to Sell Their Soy

https://www.bloomberg.com/news/articles/2018-11-12/frozen-out-of-china-american-farmers-refuse-to-sell-their-soy

https://finance.yahoo.com/news/farmer-u-s-china-trade-war-willing-suffer-233515877.html?guccounter=1

someone please teach Amelicans to made tofu, to eat tofu over cheese, start drink soymilk over cow milk.

and leave the cheese and cow milk problem to cow farmer! lol

The United States is now the largest global crude oil producer
https://www.eia.gov/todayinenergy/detail.php?id=37053

Chinese electric vehicle market is poised for explosive growth
https://www.cnbc.com/2018/09/03/china-electric-vehicle-market-is-poised-for-explosive-growth-expert.html

US will Kowtow...

The Stone Age Did Not End Because the World Ran Out of Stones, and the Oil Age Will Not End Because We Run Out of Oil

https://energypost.eu/historic-moment-saudi-arabia-sees-end-oil-age-coming-opens-valves-carbon-bubble/

this Saudi minister really hope Trump does not speed up the end of oil age! lol

high vol but price stable could means shareholders are swapping holding...

announcement that party is officially over.

nobita close eye also can do the job lar.... lol

just get over with it and move on...

there are many others worthy counter out there...

why tie die die with layhong?

when ship start sinking.... people jump!... why still choose to stay and sink with the ship?

yap is either having nightmare every night haunting by these i3 forum or laughing 24hrs a day!

so many grandma buy layhong! lol

never do business/buy shares from a person you do not know...

Posted by rajachulan > Nov 9, 2018 10:26 AM | Report Abuse X

another gamuda in making

Posted by rajachulan > Nov 5, 2018 10:28 PM | Report Abuse X

any rebound in a downward trend is a chance to escape from the trap. gdluck

true, dont worry.

for those who already brought, no harm to keep the share for long term.

for those who are watching, keep waiting for your target price to enter.

never worry when you invest in a value company... it just matter of time you are getting back your ROI...

Posted by kelvin_ik4u > Nov 9, 2018 04:50 PM | Report Abuse

Does GenM look like Topglove, when one time drop from 12.20 to 8.47, now rebound back to 11.60 (after split t0 5.80 range) even the lawsuit still on-going? Will GENM rebound back higher to 4.50 by year end or after that?

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GenM looks like Gamuda...

another gamuda in making

party is over, lets move to another counter

party is over.. lets go to another counter...

seeing old aunty keep buying... remind me of Hupseng.... price stable and shareholders (family member mostly) are happy with the yearly 6%+- div...

Oracle of Omni is right... we the retail investor with limited capital should only buy when the trend is clearly upward...

we are not Buffet who can average down all the way he wants and hold for 20 yrs...

good for the couple and gdluck to the investor...

very very good for ****prop's tong and ***world liu and others to get rid of excessive stocksssssssssss

guys...this is an individual sdn bhd businessman idea...do you think a sdn bhd corporate missin is to safeguard the welfare of public?

mind you... what happen if this sdn bhd close shop?

do you know what happen to your investment in a sdn bhd?

dont forget the crookbridge... hahahahahaha

true @winterisover... i just fancy that how can a pm and a mof of a country so keen promoting a sdn bhd project...and even put it in the NATIONAL budget...has govt running out of idea how to tackle her resident's housing issue?

sincere suggest those people in need to raise fund from kickstarter.com or gofundme.com...easier

@pussycat! i like the idea! will get my friend to set up a website tomorrow working ot on a public holiday so we can get the funmykids up and running wednesday first thing morning!

will also look inti funmy car which more demand from housing!

for investor who wants to invest in prop but not fancy on manage them...we do have a choice call REITS...

do everyone aware that this is not a govt project? it is a sdn bhd project.. do you know who own funmyhome? who is tong? and ready to take the risk?

any rebound in a downward trend is a chance to escape from the trap. gdluck

wow...thankyou to all generous investors for funding me a house...i will work hard and save as much as i can next 5 yrs to buy that house... if not...world economy bless us nothing go wrong 5 yrs down the road... and also... everybody please do not change govt in GE15!

hahahahaha

chance to escape trap...gdluck

jump start doesnt go far lol

let's move on... FYI...QL is on upward trend!

chart tell a lot of info... but not many people believe the chart and people may look at wrong chart or read the chart wrongly...

I am a value investor, i read buffettology, i read cold eye, i read benjamin graham...these value investing teach me how to pick a good company... but technical investment teach me when to enter to buy low and when to exit to sell high...

i cut my loss at around 70++sen few weeks ago after I learnt and see how 10MA line on Pecca...to be honest... I didnt see how the 10ma line get to point upward anytime soon... so better withdraw capital to invest into others... admit mistake and cut loss is important to us retail investor since our capital is small...
i will come back to pecca when its 10ma line pointing up again...

gamuda will recover that is sure... but how long does it take?

as a retail investor, our capital is limited, thus it is painful to see our capital tie up...

thus my 2sen is we should trade by the trend, if the trend is up, that is where we go. if the trend is down, we just keep watching and enter when the trend show up again...

I hope your guy hear my call to come to Ranhill before the upward trend reach the peak...

by the way...shouldnt we all thank moeA? afterall he is likely the person who cleaned this mess...lol

it is okay...still i thank you for helping me to cut the renovation cost so i can show off to my friend how cheap i can get my house renovated! hahahahahahaha

Savemsia...true...i.just have one simply question...
does leopard ever change it! spot?
is there a crows other than black?
has there any similar kind of mof and ag you have seen from 1981-2003?

then why now?

by the way.... the project total cost drop because gamuda drop the price or because it save from stop building 2 underground station?

lge and tommy thomas are both elected to do dirty work and clean shit...

cindy...i tarik my fund from gamuda to invest into ranhill... hope to see you there...

https://www.malaymail.com/s/1686607/dr-m-me-join-umno-disgusted-members-can-join-ppbm-instead

well cindy, i have unloaded my garuda... but will continue to watch the line... if line go up then only buy back...

i may not buy as low as you...but at least i am happy with my method...

like my teacher said.. i may not eat the whole cake... but at least i get to eat some of the cake... and i happy with that...=)

@DreamConqueror... well i didnt say o... i reject a PM who make 'funny' joke at funny time at funny place... hahahahahahaha

and hey...didnt he just invite his ex-comrade to join him? he said ex comrade cant contest party post for period of time...so maybe ex-comrade cant contest in 2018 part post.... but if they can contest in 2019 party post... then wow... more wayang to see next year

old horse is old horse...nothing will change.... read his 1970 famous book...then you know what happen in bolehland since 1981 till 2003...
and what is going to happen next few yrs until PM 8th