Posted by bsngpg > 2014-12-09 22:30 | Report Abuse

If RM falls to the minimum magnitude of others i.e. 20%, see you at 3.72(3.1x1.2=3.72). How will the market be then ?

Posted by optimuss > 2014-12-09 22:35 | Report Abuse

around 3.80 would be the target early 2015. then they know malaysia will impose heavy capital control again. then ci.....1300 would be the benchmark.

Posted by bsngpg > 2014-12-09 22:41 | Report Abuse

Not 1300, it was 300 in 1998 when capital control was imposed.

Posted by optimuss > 2014-12-09 22:44 | Report Abuse

omg! 300? i m so excited.

diff now la, those year foreign can just short and borrow scrip from bank. on any stock, now they need to go thru the regulated short. i m sure the bnm already unofficially give "friendly" advise to bank not to entertain.

Posted by optimuss > 2014-12-09 22:52 | Report Abuse

perfect storm

1. dependent on petronas to fund 40% of govt spending. and oil is going to half price from peak 110. abt 55 or lower
2. all other commodities at multiyear low, palm rubber mining stuff.
3. implementation of GST rope away disposable income by 20% easily
4. global treat. russia may default.
5. currency depreciation.
6. many completed new housing project shop office etc empty
7. banks with massive bad loan.

if anything, it would be worst than 2008 where it mainly hit europe. and more like 1999 when it hit asia.

Posted by bsngpg > 2014-12-09 22:58 | Report Abuse

If that heppens, many people including myself will be in deep shit. I pray for it not to happen. Ah Men !