If u owe monies...u borrow & refinance to pay down another loan at higher rates....is net positive to the country and not at an expense mah...!!
The problem is alot of people...unable to borrow to paydown a more expensive loan mah...!!
If u can ...u better do it quickly loh....!!
Posted by 如鱼得水 > Feb 9, 2019 02:40 PM | Report Abuse
Ya, on the expense of our economy that's y M'sia has such great resource yet far behind Singapore who had nothing, not even land n water... Tun actually only thinking about strengthening his positions n he is doing that for d sake of his cronies... Once our resources gone, v will b in poverty unable to pay back d borrowed money...
U better go away loh !!...bcos ur reply is stupid & misleading mah...!!
Posted by 如鱼得水 > Feb 9, 2019 02:58 PM | Report Abuse
stocklist, pls stop replying to my post, u don't even understand what I meant, U are totally brainless.. I don't wan to waste more of my time on ppl like u.. TQ..
To sum up why msia should borrow from Japan leh ??
The current msia borrowing rate in usd is about 5% pa where the usd risk free rate is about 3% pa loh....!!
Why borrowing from Jap govt is beneficial leh ??
The cost of borrowing on USD 7 billion or rm 28.5 billion will cost the country about 1.42 billion of interest pa loh...!!
If u borrow from the jap govt in yen...u get fine rates as low as 0.5% to 1.0% pa....this will cost the country about rm 285m interest pa basing on rm 28.5 billion loan u save the country rm 1.13 billion pa mah....!!
But what are the risk leh ?? Risk of Appreciating YEN loh....!! Mismatch of currency earnings loh....bcos msia earn mainly usd....but u pay ur loan and interest in yen mah...!!
But for rm 1.13 billion savings pa & yen already appreciated alot....raider think it is a worthwhile risk to take loh...!!
U can convert your rm to yen or convert your USD to Yen mah...no problem mah.....what is the issue leh ??
U also know the risk mah....!!
But what are the risk leh ?? Risk of Appreciating YEN loh....!! Mismatch of currency earnings loh....bcos msia earn mainly usd....but u pay ur loan and interest in yen mah...!!
But for rm 1.13 billion savings pa & yen already appreciated alot....raider think it is a worthwhile risk to take loh...!!
The rm 1.13 billion saving pa is your margin of safety or current advantage mah...!!
Posted by 如鱼得水 > Feb 9, 2019 03:21 PM | Report Abuse
U got to buy Yen with US$, all rate calculated based on US$ conversion.. this is just common sense... when Yen appreciate, the rate of exchange would b higher, unless ringgit also appreciate... world currency is US$, u cant run away from that..
It is not LGE going to Japan to borrow 7 Billion $ lah
He is acting on behalf of Tun Dr M
If Malaysia got Extra Liquidity it will be good for both Real Estate & Stock markets
The Japanese are pissed of by Koreans harping about compensation for atrocities of 2WW
In Robert Kuok Memoirs he said the Jap has built and gave 2 free Ships to MISC in its inception. This was remorse shown. And they still owe a debt to all. Only thing is they want you to ask compensation without hurting their pride overmuch
Already explain mah...this is the risk loh....but the benefit exceed the risk mah....!!
U also know the risk mah....!!
But what are the risk leh ?? Risk of Appreciating YEN loh....!! Mismatch of currency earnings loh....bcos msia earn mainly usd....but u pay ur loan and interest in yen mah...!!
But for rm 1.13 billion savings pa & yen already appreciated alot....raider think it is a worthwhile risk to take loh...!!
The rm 1.13 billion saving pa is your margin of safety or current advantage mah...!!
Posted by 如鱼得水 > Feb 9, 2019 03:31 PM | Report Abuse
the rate of appreciation of Yen n ringgit is diff.. Yen appreciate much more due to they are used as safe guide like Gold.. but ringgit would not appreciate much or might not even appreciate even US$ drop due to our economy n debts
The Look East policy, introduced in February 1982, aims to emulate Japan's work ethic and business skills and to acquire Japanese technological knowhow. It was the brainchild of then Prime Minister Mahathir Mohamad. ... still dreaming after 37 years??? wakaka
To be fair Mahathir is not so good prime minister....but at least he better than alot of others n acceptable to many loh....!!
The best prime minister for msia is tony pua....but alot of people cannot accept mah....so he cannot be prime minister loh...!!
Posted by chinaman > Feb 9, 2019 03:43 PM | Report Abuse
The Look East policy, introduced in February 1982, aims to emulate Japan's work ethic and business skills and to acquire Japanese technological knowhow. It was the brainchild of then Prime Minister Mahathir Mohamad. ... still dreaming after 37 years??? wakaka
如鱼得水 3105 posts Posted by 如鱼得水 > Feb 9, 2019 03:43 PM | Report Abuse
study world economy, u will know, of course, it would not b 100% correct...
the loan borrow...not for 3rd car project but to paydown the existing USD and the Chinese yuan loan mah...!!
Posted by 如鱼得水 > Feb 9, 2019 03:54 PM | Report Abuse
Japan is in recession for over 20 yrs, n our Tun still live in the time b4 that.. that's y after election, he went to Japan straightaway... d burden of the debts for making 3rd car n the thereafter funds need to keep it survive will pull down our oledy debt ridden economy further.. no i c...
The support by PH is in the form of R&D proportionate conditional grant mah....!! Meaning u need to invest alot inorder to get some govt support loh..!!
I think at least very much better mah...compare with old proton days mah...!!
Posted by 如鱼得水 > Feb 9, 2019 04:01 PM | Report Abuse
early it was announced that govern is going to cough out 6 bil for 3rd car.. when u have 6 bil for useless project, U go n borrow 7 bil to pay debt? stupid...
Already says this new loan refinance the existing loan saving more than rm 1.1 billion pa mah...!!
Don imagine wildly...if like that...u better go and produce a movie loh..!!
Posted by 如鱼得水 > Feb 10, 2019 09:27 AM | Report Abuse
So, what left in the agreed 7 billions to take back is how much after deducting that out of date Car technology?
Congratulate to those who elected Tun 2b PM, he has successfully created another long term growing debts 2U with his 3rd Car by borrowing money from Japan.. The only way he can sell those cars is by forcing his raayat to buy... when world environment pollution stage is not allowed U to use such car again...
IT IS BENEFICIAL OVERALL MAH...BESIDE SAVING RM 1.1 BILLION PA IN INTEREST LOH....!!
Posted by stockraider > Feb 9, 2019 04:06 PM | Report Abuse X
The support by PH is in the form of R&D proportionate conditional grant mah....!! Meaning u need to invest alot inorder to get some govt support loh..!!
I think at least very much better mah...compare with old proton days mah...!!
Posted by 如鱼得水 > Feb 9, 2019 04:01 PM | Report Abuse
early it was announced that govern is going to cough out 6 bil for 3rd car.. when u have 6 bil for useless project, U go n borrow 7 bil to pay debt? stupid...
IT IS BENEFICIAL OVERALL MAH...BESIDE SAVING RM 1.1 BILLION PA IN INTEREST LOH....!!
Posted by stockraider > Feb 9, 2019 04:06 PM | Report Abuse X
The support by PH is in the form of R&D proportionate conditional grant mah....!! Meaning u need to invest alot inorder to get some govt support loh..!!
I think at least very much better mah...compare with old proton days mah...!!
Govt not much money outlay loh....!!
Posted by 如鱼得水 > Feb 10, 2019 02:13 PM | Report Abuse
then used the money saved on useless 3rd Car project lor... might as well don't do anything better...
Insanity: doing the same thing over and over again and expecting different results.....Just admit Potong is a failed venture, why repeat again same mistake? Pisang Berbuah Dua Kali???? wakaka
What is your fucking intention ? talking bad PH loan refinancing, which is beneficial as it reduced the overall interest and saving Rm 1.1 billion pa mah....!!
Posted by 如鱼得水 > Feb 10, 2019 02:20 PM | Report Abuse
chinaman, U really have brain.. talking whole morning with that brainless raider really tiring..
This fellow wants msia to be govern taliban pas-umno loh...!!
Use ur brain think who else is better than Pakatan Harapan leh ??
Posted by 如鱼得水 > Feb 10, 2019 03:07 PM | Report Abuse
talk to raider like taking to a cow, Govern oledy said allocate 6 bil for 3rd Car... it will be listed in Bursa after that like earlier potong... when it was sold to DRB it was considered as private but Govern still bailed it out yr in yr out for decades...
everybody knows that tendering for Govern project got a lot of oil water (money).. after it is suck dry, throw to the public to be listed in Bursa... U pay for it by govern bailing out due to its status of national car... otherwise, nobody will want to take up a similar project which had proven to fail for 20 over years like potong.
Ok then u should attack Dap...for not standing up loh....!!
They are acting like pondan mah....!!
Posted by 如鱼得水 > Feb 11, 2019 12:10 PM | Report Abuse
I'm condemning the present Taliban Past Umno culture all the time, U better go to school to learn English n stop talking cock here with your twisted brain...
U want to borrow Pound...u think people want to lend u meh..??
Japan willing lend mah....!!
Posted by ks55 > Feb 11, 2019 12:45 PM | Report Abuse
This is the most stupid thing repeated again and again by the most stupid politician. When Yen is cheap, Finance Minister borrow from Japan, and when Yen moves up, Finance Minister repays with more ringgit.
Why can borrow in USD now as it is already near to peak, and repay when it coming down with less ringgit?
Safer bet will be borrowing GBP now as UK heading for holland. We may repay when GBP comes down to 4 to a ringgit.
This is always a problem of getting big head as Finance Minister. Starting with doing away with GST, only to find out no more money to pay civil servants salary.
Then stupid property gain tax for those residential property sold even after 5 years, that effectively kill all those planning to upgrade when they have bigger family and need bigger space for living. Can you imagine those who bought houses 30 years ago at 100k as part of retirement plan selling the house now, only to find out they have to pay 40 or 50k on Property Gain Tax?
All in all, LGE is not a competent person to be Finance Minister. No foresight, no vision, and no long term planning..........
U Bodoh macam kerbau...shout everyday... u macam kerbau...sangat bodoh loh...!!
1st of all old Taliban head...will be put in jail...so why u so kencheong leh ??
But there...is new Taliban Pas-Umno head coming mah...!!
Then there is Pakatan X umno veteran mahathir mah...!!
There is 2 cat u need to chose loh...!!
Don forget the majority 65% will chose either mahathir PH or taliban mah...!!
So u have only 35%...u must help to chose right cat mah...!!
But u hari talk cock...support Taliban Pas- UMNO how ??
U go and kacau DAP...ask them to stand firm with their principle...so that Mahathir cat don act like the old taliban style loh...!!
U must Fight that DAP don be a pondan party go & tell mahathir moderate him mah...!!
Posted by 如鱼得水 > Feb 11, 2019 09:34 PM | Report Abuse
everybody must co-operate demand that old Taliban Umno head to get lost lor.. I must have talking to a cow.. until now, u still don't get what I said...
Without old cat...PH cannot win lah...stupid...!! Bcos anwar is jail mah....!!
Most malays would not support without strong malay leader loh...!!
Even with old cat...bearly scrap thru win mah...!!
Posted by 如鱼得水 > Feb 11, 2019 11:05 PM | Report Abuse
ppl choose PH not bec of that M old cat la... is bec ppl 1 change due 2 najib's open corruption la.. d 1st corruption a lot of this generation don't know but d 2nd 1, everybody knows.. that's d diff la... d pts is how the 1st n his family can b billionaires without XXXX...
如鱼得水 3032 posts Posted by 如鱼得水 > Feb 11, 2019 11:07 PM | Report Abuse
d mistake was made by PH la... so stupid go n get that old cat to come n eat fish again when he n his family are more than full oledy...
U r not small kid loh...!! Not all promise can be fulfilled mah...!!
I think 50% promise can fulfil lah...not 99% not fulfil loh...!!
Posted by Fortune Bull > Feb 11, 2019 11:14 PM | Report Abuse
PH promised the moon, the stars and mars! But so far 99% of their promises remain promises! Come GE15, i doubt the same voters will be duped again! I think i'ts safe to say even if GE15 held today, PH is goner! What more in 4 years time especially if Malaysia in deep recession!
In 4 yrs time...u need to decide whether to support Taliban Pas-Umno v Pakatan Harapan loh.....!!
I think still 50: 50 loh....!!
Posted by Fortune Bull > Feb 11, 2019 11:14 PM | Report Abuse
PH promised the moon, the stars and mars! But so far 99% of their promises remain promises! Come GE15, i doubt the same voters will be duped again! I think i'ts safe to say even if GE15 held today, PH is goner! What more in 4 years time especially if Malaysia in deep recession!
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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....
Haw Liao
1,152 posts
Posted by Haw Liao > 2019-02-09 14:44 | Report Abuse
japanese funds could help bursa...
be grateful