Government purposely weaken RM so export of commodities yearn 25% more revenue from dollar. For usd48 oil per barrel, government yearn usd60 based on weak RM.
1 usd tp rm4 is achievable. But 1 usd rm5 also not impossible to achieve in next few years if this country keep being run by the corrupted. Plus oil wont be comming bck to usd 100 anytime soon i believe.
Its common market will drop after 2 years election..create all the non sense including RM..x be cina bukit..everything under the sun is bad while u stocking everything under the sun too..its x only MYR weakened..its almost all exporting country in this world..even DAP knows it..saja mau buat kecoh cina bukit..:)..
ringgit depreciation to 4.00, or 4.50, or whatever it is does not really kill the economy. it is the loss of confidence that cause it.
the only way out for bolehland is to depreciate its currency to the lowest possible. short term pain, long term gain.
thats the reason we love thailand, bcos rm 1 can convert 12 baht, (last time), now convert 8 baht only.
if ringgit can depreciate to rm1 convert 1 baht. guess what? thailand ppls and all over the world will come invest spend in malaysia. and all lazy malaysian will be hard working maid in overseas sending USD back to bolehland.
If Vincent donated for sure toto 4d license cannot renew already .
For example if a company elected CEO salary is even lower than outside maybe MNC Sales Manager salary . So what do you think about this CEO ....he has to carry and overview the whole company operation including profit n lost . For sure this company will be heading no where coz the CEO keep thinking how to earn extra income beside getting fixed income . I always believed pay adequate to every post or paying even higher than market 10x . You will attract more and more talented to work for you . This is call meritocracy .... Very soon the company will start to fly and fly very high .
New IPO: The onshore and offshore support services provider for the O&G industry, Steel Hawk Bhd aims to list on the Ace Market!
MQ Trader 4416 views | 4 d ago
0:17
New IPO: The largest mini-market player and a leading groceries retailer in Malaysia, 99 Speed Mart Retail Holdings Bhd aims to list on the Main Market!
This book is the result of the author's many years of experience and observation throughout his 26 years in the stockbroking industry. It was written for general public to learn to invest based on facts and not on fantasies or hearsay....
Humpreyliew
18 posts
Posted by Humpreyliew > 2015-08-05 14:57 | Report Abuse
Government purposely weaken RM so export of commodities yearn 25% more revenue from dollar. For usd48 oil per barrel, government yearn usd60 based on weak RM.