treasurehunt

treasurehunt | Joined since 2015-06-07

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News & Blogs

2023-05-29 12:20 | Report Abuse

Unwanted currency? It's a legal currency in that country. Of course, it cannot be exchanged to overseas currency. It is merely with the intention for controlling normal folks kowtow.

News & Blogs

2023-05-29 12:01 | Report Abuse

A big country has started the payment of salary to their government servants in digital currency in one of the city.

News & Blogs

2023-05-29 11:54 | Report Abuse

What if the digital currency is introduced by the government as a pilot scheme?

News & Blogs

2023-05-29 11:50 | Report Abuse

Digital currency can be started in a small scale which is part of the existing banking and finance activities.

News & Blogs

2023-05-29 11:47 | Report Abuse

BTC is created from nothing with the intention of bypass traditional banking activities. It's widely used for money laundering purposes or hidden trades.

News & Blogs

2023-05-29 11:20 | Report Abuse

Money printing cannot be stopped. It can replace with digital currency to have another round of trimming. One of the big country has kicked off this ultimate measure to control it folks.

News & Blogs

2023-05-28 16:57 | Report Abuse

I3Lurker. The biggest problem is people may not know how to differentiate between God and Satan. The best for them to be naturally or keep triggering dopamine release to enjoy the temporary pleasure. They are are not interested to know the further cause truth is cruel.

News & Blogs

2023-05-25 22:52 | Report Abuse

India was toyed by Russia for buying a carrier almost up to 4 billion and the carrier exploded after put in use and Russia demand more money again for repairing. A big joke!

In 2010, the Indian government agreed to more than double the budget for the carrier to $2.2 billion. This was less than the $2.9 billion Sevmash demanded, and much less than Sevmash’s suggested “market price” of $4 billion.

https://www.google.com/amp/s/nationalinterest.org/blog/buzz/indias-russian-made-aircraft-carrier-total-disaster-heres-why-110246%3famp

News & Blogs

2023-05-25 19:10 | Report Abuse

India is the first one strike a lottery from the war between Russia & Ukraine. Now, India is trying not to sell more goods to Russia and let Russia keeps Rupees in their banks. Hahaha!

News & Blogs

2023-05-25 19:00 | Report Abuse

India is so smart to drag (con) Russia into trouble through payment term in Rupees plus 30% discount for the crude oil.

In the first 11 months of the 2022-23 financial year, Indian imports from Russia were worth nearly $41.5 billion (€38 billion), while exports amounted to just $2.8 billion, according to data from the Ministry of Commerce and Industry.

https://www.google.com/amp/s/amp.dw.com/en/russias-rupee-problem-risks-harming-trade-ties-with-india/a-65628922

News & Blogs

2023-05-25 13:16 | Report Abuse

Don't know how low MYR can go. High risks for a peanut country bodek the wrong taiko...gg

News & Blogs

2023-05-25 12:11 | Report Abuse

Some people get addicted to the USD gg marijuanas news without thinking further consequences.

News & Blogs

2023-05-25 12:05 | Report Abuse

most of the Asean countries are like that one. We can cari makan in Malaysia is good enough. Other than that, we can go overseas freely to look for job with the good reputation.

News & Blogs

2023-05-25 11:42 | Report Abuse

Somemore, our new PM has not paid a visit to US. There is a price lor.

News & Blogs

2023-05-25 11:38 | Report Abuse

How come MYR like this? Is it because of our PM talking so much in proposing reduce reliance on USD? See what had happened to Argentina... Anglo very scary one...they don't blow water but take actions quietly.

News & Blogs

2023-05-24 22:44 | Report Abuse

Let it be, let it be, let it be, let it be!

News & Blogs

2023-05-24 22:40 | Report Abuse

Good. How we earn a living in the market? We are not smart but it is merely most of them.... I double check against my friends, relatives and colleagues about the reaction of a specific situation. .Many are sharing with the similarities. You know la.

News & Blogs

2023-05-24 20:36 | Report Abuse

What would happen to USD when the world falls in recession? As usual, people would go for strong currency for safety reasons. Which country is the strongest now? If you think Russia and China stronger, then convert into their currency for safety purposes lor. Driving the world into the recession would make many countries upside down.

News & Blogs

2023-05-24 06:54 | Report Abuse

Don't really know your logic besides the emotional response. Any small issue also related to USD currency crashing...make people laughing. Look into the core issue and problem la.

News & Blogs

2023-05-23 21:43 | Report Abuse

How often we play so long term until all the currency dissappear in this world? How many years to go for you and me to see the currency gone for good? Hahaha!

News & Blogs

2023-05-23 18:59 | Report Abuse

The realistic part is USD sampah (perceived by certain people) can buy a lot of things in the real world. Without it... Check with North Korea Kim lor.

News & Blogs

2023-05-22 19:48 | Report Abuse

Sekarang Malaysia foreign reserves ada USD 115b. Apa akan belaku kalau USD jadi sampah?

News & Blogs

2023-05-22 19:16 | Report Abuse

USD belum jadi sampah tapi MYR dah jatuh sampai 4.55. Celaka betul!

Stock

2023-05-22 12:33 | Report Abuse

' Technology is the future'...except share price?

Stock

2023-05-22 12:03 | Report Abuse

Relying too much on China market? Credit risks shows China represented 68% of the entire trade receivable in AR 2022.

News & Blogs

2023-05-19 13:20 | Report Abuse

Kalau USD jadi sampah...apa akan jadi MYR? tarak pakai...

News & Blogs

2023-05-19 13:14 | Report Abuse

Tunggu tahun 2024 dan tengok mana currency akan jadi sampah lor.

News & Blogs

2023-05-19 13:12 | Report Abuse

USD akan jadi sampah ke? hahaha

Stock

2023-02-18 15:20 | Report Abuse

Reit would be the next theme as recession is approaching and Fed to start reduce interest rate by year end.

Stock

2022-11-08 19:31 | Report Abuse

This cash rich sister company got more than RM 100 million in its piggy bank. Hahaha

Stock

2022-11-08 10:51 | Report Abuse

Donation is too little. Need certain cash rich party to buy more shares before GE? Lol

Stock

2022-11-07 18:36 | Report Abuse

May be its cash rich sister company will be snapping the shares after tomorrow. BJFood is a good example of share buyback almost hitting 10%. Lolz

Stock

2022-11-07 18:20 | Report Abuse

Everyday, SEM buys back it own shares including today. Tomorrow buyback would be the last batch of hitting 10% limit.

Stock

2022-11-04 20:59 | Report Abuse

Dragon. I based on the people view on the existing 7/11 stalls. The fact of its stalls is really outdated and dilapidated. No future. Lolz

Stock

2022-11-04 16:59 | Report Abuse

How the share price goes up with the outdated or dilapidated 711 stalls? Disposing Caring is the only catalyst.

Stock

2022-11-04 16:54 | Report Abuse

Money has been used up for investing in Caring business for the last 3 years. Time to take back the money and having a face-lift for 7/11.

Stock

2022-11-04 16:45 | Report Abuse

7/11 need to have extra money to learn from Thailand 7/11. No money no face-lift.

Stock

2022-11-04 16:32 | Report Abuse

7/11 is so old or outdated already with tiny little shops displaying their products. They need money for a faceoff to catch up with the trend.

https://www.google.com/amp/s/vulcanpost.com/787555/7-eleven-convenience-store-malaysia-7-cafe/amp/

Stock

2022-11-04 15:43 | Report Abuse

If VT has the ambitious to go big in 7 Cafe business, they need at least another RM 400 million to expand the number of outlets to 1000 units. Tealive Malaysia got 800 outlets lor.

Stock

2022-11-04 12:33 | Report Abuse

If SEM doesn't sell Caring unit, the company will be stucked in the middle of expansionary mode due to lack of cash.

Stock

2022-11-04 12:30 | Report Abuse

Many have been shaken out especially retailers. Share buyback is the biggest supporter or behind the rally before collapsing. Low liquidity cause high volitile in share prices.

Stock

2022-11-04 12:18 | Report Abuse

The problem is that investors don't dare to pump in more capital into highly geared SEM now.

Stock

2022-11-04 12:16 | Report Abuse

RM 1.2 billion cash for Caring unit is good enough to SEM in the lowest scenario or pocket cash RM 1 billion (75% stakes)

Stock

2022-11-04 12:11 | Report Abuse

The rest is secondary. First priority is to sell Caring.

Stock

2022-11-04 12:10 | Report Abuse

In the end, disposal of Caring unit would be the best option available to SEM now.

Stock

2022-11-04 12:08 | Report Abuse

When i read 'EBITDA' word, it reminds me of GPacket CEO using this word non stop to boost the prospect of the business in the many articles published by the The Edge few years ago. Lolz

Stock

2022-11-04 11:59 | Report Abuse

The biggest problem to SEM now is lacked of cash to finance the growth of 7 cafe and Caring unit. Somemore, hiking in interest rates will squeeze existing the bottom lines level.

Stock

2022-11-04 11:44 | Report Abuse

Not much choices to SEM besides disposing Caring unit to pare down the borrowing levels and the extra cash for investing in 7 cafe business.

Stock

2022-11-04 11:39 | Report Abuse

Bear in mind that Lease Liabilities, in fact, is a borrowing in another term here. Look at the AR 2021 (Note: 7 Finance Costs), interest payment on lease liabilities RM 36 million in 2021 whereas Payment of principal portion of lease liabilities RM 137 million as shown in the Cash Flow Statement.

Stock

2022-11-04 10:34 | Report Abuse

Be prepared for the worst of SEM bottom line if no deal done in Caring business unit. Lolz