Posted by Ezra_Investor > 2016-04-18 09:19 | Report Abuse

Utter nonsense.
Research house report can be trusted? Even pigs can climb tree (Chinese proverb).

Posted by Beza > 2016-04-18 09:28 | Report Abuse

Calvin must now the latest new that Doha meeting was not successful.

Posted by Hiu Chee Keong > 2016-04-18 09:31 | Report Abuse

I guess when ringgit reach 3.6, people will rush to exchange it to usd already. Once snake bite, scare already.

Posted by calvintaneng > 2016-04-18 09:32 | Report Abuse

These are the reasons for ringgit to strengthen further

1) SINGAPORE SMEs ARE POURING MONIES INTO ISKANDAR FACTORIES
2) FOREIGN FUNDS ARE COMING BACK TO KLSE
3) CHINA HAS BOUGHT RM9 BILLIONS IMDB POWER ASSETS
4) CHINA ALSO BOUGHT RM6 BILLION ASSETS IN BANDAR MALAYSIA
5) CHINA INTENDS TO PUMP MORE MONIES INTO HIGH KL - SPORE HIGH SPEED RAIL (Over Rm40 Billions to Rm70 Billions)
6) More FDI Coming to Malaysia due To TPP
7) Japan Earthquake Will Cause More Relocation of Factories to Malaysia (Malaysia is free from Typhoon, Earthquake & Tsunami
8) SO EXPECT RINGGIT TO GROW FROM STRENGTH TO STRENGTH

Posted by sklyte > 2016-04-18 09:50 | Report Abuse

All these had happened, meaning money had already flowed in, you mean more money will flow in? LOL

Posted by calvintaneng > 2016-04-18 09:54 | Report Abuse

Posted by sklyte > Apr 18, 2016 09:50 AM | Report Abuse

All these had happened, meaning money had already flowed in, you mean more money will flow in? LOL

Not yet lah!

Japan's Earthquake just smashed through the factories of Toyota, Sony, Datsun, Mazda, Mitsubishi & others.

A Flood of Investments will pour in From Japan.

And wait TPP official signing.

Then Another Flood of FDI from USA will be here.

Posted by calvintaneng > 2016-04-18 10:01 | Report Abuse

Going to the World's Best Booming Region Now - ISKANDAR of Malaysia!!!

See you guys later.

Posted by stockmanmy > 2016-04-18 10:07 | Report Abuse

We nominate Calvin to be Malaysia Foreign Minister.

If ringgit to be $3.50 / US$, the US dollar must be very weak .......if that is the case......the world could already be in a deep recession.....share market no eye see.

Posted by Lk036 > 2016-04-18 11:36 | Report Abuse

Calvin, ask u about your view on investment in iskandar. What is your view n opinion on the on going property project by uem at tuas. . Understand it is near forest city with potential mrt nearby. Ard 5 minutes to taus second link. Can you help confirm above info and it is a good call to invest?

Posted by calvintaneng > 2016-04-18 13:55 | Report Abuse

Lk036 Calvin, ask u about your view on investment in iskandar. What is your view n opinion on the on going property project by uem at tuas. . Understand it is near forest city with potential mrt nearby. Ard 5 minutes to taus second link. Can you help confirm above info and it is a good call to invest?
18/04/2016 11:36

This is Calvin's Best Advise:

Right Now UEMS is clearing a plot of Land near LEISURE FARM Main Entrance.
I saw the signboard stating that they will be building 2 storey houses for sale. Beside will be the connecting access to PLUS HIGHWAY.

When ready these houses will be only 10 minutes from Tuas. 2 minutes from HSR Station.

To me these are the very best buys in Iskandar.

Only thing left now is the pricing and official launch of these houses.

Posted by Lk036 > 2016-04-18 14:00 | Report Abuse

Understand 2 storey link house 22x70 is ard 500k plus. Corner lot is 600k plus. What is u think?

Posted by Lk036 > 2016-04-18 14:01 | Report Abuse

In addition will be ready ard 2019.

Posted by calvintaneng > 2016-04-18 14:15 | Report Abuse

Lk036 Understand 2 storey link house 22x70 is ard 500k plus. Corner lot is 600k plus. What is u think?
18/04/2016 14:00

Lk036 In addition will be ready ard 2019.
18/04/2016 14:01

Calvin thinks prices are very resonable.

Setia Eco Garden is now selling 20 x 70 2 storey houses at over Rm700K now. And they are located another 5 to 7 km away!

So I think at these prices of Rm500K they are good value.

Posted by Lk036 > 2016-04-18 14:19 | Report Abuse

Thanks Calvin. You answer all question good or negative. You are very cool n sabar.

Posted by stockmanmy > 2016-04-18 16:12 | Report Abuse

$3.50?


with oil dropping to below US$30.....ringgit with be above $ 4.20

Posted by 914601117 > 2016-04-18 19:07 | Report Abuse

Please look at bigger picture.

Saudi vs US vs Russia + Iran + China

Saudi vs Iran = oil down
US vs Russia = oil down
US vs Saudi = oil down, to suppress oil shale

Breakeven oil price (US$/barrel)
------------------------
Conventional : 10-40 (Saudi, Iraq, Kuwait, Qatar, UAE, Venezuela, Iran, Russia etc)
Deep/Ultra-deep water : 30-80 (Saudi, Venezuela, Indo, Malaysia, Thailand, ++ etc)
US oil shale : 50-100
Extra Heavy Oil : 60-105

One can deduct 30-60% for capex, the rest for direct operating cost.

Recent strength in MYR due to China support, foreign funds.

Now the most interesting is US vs China hidden war.
US want to crash China economy by:
- encourage debts bubble in China
- disrupt trading silk route (Central Asia and SEA)
- proxy war in SEA (Japan, Philippines, Taiwan, Vietnam + US VS China)

Posted by robot888 > 2016-04-19 22:02 | Report Abuse

Ringgit trading at 3.83 against 1USD.

Heading towards 3.80.

Posted by robot888 > 2016-04-19 22:03 | Report Abuse

I love to see ringgit back to rm3.50.

Posted by calvintaneng > 2016-04-19 22:04 | Report Abuse

Posted by robot888 > Apr 19, 2016 10:03 PM | Report Abuse

I love to see ringgit back to rm3.50.


ME, TOO!!

Posted by robot888 > 2016-04-19 22:05 | Report Abuse

China funds coming in !!!!

Posted by robot888 > 2016-04-19 22:07 | Report Abuse

wooo .... today appreciation is fast and furious.

Posted by paperplane2016 > 2016-04-19 22:17 | Report Abuse

Calvin, your advise on export furniture overdone earlier is so true now!
Lucky I listen, sell all my pohuat last year.

Posted by paperplane2016 > 2016-04-19 22:17 | Report Abuse

Sin fact myr 4.80 is overdone. Myr shld stay around level 4.00 for now??

Posted by paperplane2016 > 2016-04-19 22:19 | Report Abuse

3.50 maybe not, unless GDP growth 6%. But bnm themselves already forecast 4.0% to 4.5% only for 2016.

Posted by calvintaneng > 2016-04-19 22:20 | Report Abuse

Posted by paperplane2016 > Apr 19, 2016 10:17 PM | Report Abuse

Calvin, your advise on export furniture overdone earlier is so true now!
Lucky I listen, sell all my pohuat last year.

Yes, Steven Yong,

Last time you message me on Oceancash. How is it now?

btw, where are you staying?

Sms me your H/P please.

Posted by calvintaneng > 2016-04-19 22:20 | Report Abuse

My no is 014 6101668

Posted by paperplane2016 > 2016-04-19 22:21 | Report Abuse

With long-term crude at lvl 40 per barrel, Malaysia export not much improve, CPO continue below 3000, hard for myr to pickup. My guess is it stay at 4.0 range for future.

Posted by calvintaneng > 2016-04-19 22:23 | Report Abuse

I heard lots of rumour going on lately.

China people are coming to buy up properties in Malaysia.
Don't know true or not.

Anyone got any idea?

Posted by davidkkw79 > 2016-04-19 22:25 | Report Abuse

Most rumour are created from u.

Posted by calvintaneng > 2016-04-19 22:27 | Report Abuse

Posted by davidkkw79 > Apr 19, 2016 10:25 PM | Report Abuse

Most rumour are created from u.


Haha!

I think you are correct!

Posted by Newborn123 > 2016-04-19 22:34 | Report Abuse

I believe they purposely push up ringgit before changing new bank negara governor

Posted by robot888 > 2016-04-19 22:35 | Report Abuse

Sign of confidence for the new candidate.

Posted by paperplane2016 > 2016-04-19 22:37 | Report Abuse

haha, Calvin is in the ground. He knows much more than us!

Posted by robot888 > 2016-04-19 22:40 | Report Abuse

sometime must except facts and be realistic then u r willing to cut loss early.

Posted by Lulu La > 2016-04-20 00:08 | Report Abuse

People r always tend to forget something.....US rate hike

Posted by moneySIFU > 2016-04-20 00:15 | Report Abuse

Calvin, Item 3 is not likely as I believe the customers should be capable enough to repay the debts since the amounts due are in USD.


1) REDUCED PROFIT - surely
2) LOWER SALES - surely
3) INCREASING BAD DEBTS - ???