Posted by firehawk > 2020-03-19 23:31 | Report Abuse

DJIA drops to 3yrs low, KLSE drops to 13 yrs low, really a chi pek !!!

Ppl rise we don't rise, ppl drop we drop more ....

Posted by ahbah > 2020-03-20 13:30 | Report Abuse

I am now reali an utmost POOR kampong kid caused by our killer Bursa !

Posted by ahbah > 2020-03-20 13:55 | Report Abuse

The firm has nearly halved its baseline global growth forecast for 2020 to just 1.3 per cent from 2.5 per cent in the December 2019 GEO.

Posted by ahbah > 2020-03-20 13:57 | Report Abuse

”But even on this basis we now expect eurozone growth to be minus 0.4 per cent this year. The baseline forecast for US growth is one per cent in 2020 compared with a pre-virus outlook of two per cent and GDP is expected to fall by 0.5 per cent (or two per cent annualised) in 2Q20.“

Posted by ahbah > 2020-03-20 13:59 | Report Abuse

It expects global growth to fall to 1.3 per cent in 2020 from 2.7 per cent in 2019, which would be weaker than global downturns in the early 1990s and in 2001.

Posted by ahbah > 2020-03-21 14:59 | Report Abuse

With key economic data worldwide continuing to disappoint amid the novel coronavirus (Covid-19) outbreak, experts say the worst is yet to come.

Posted by ahbah > 2020-03-21 15:03 | Report Abuse

Being a trade-reliant country, with trade accounting for 131% of its gross domestic product (GDP) in 2018 according to the World Bank, Malaysia has minimal chance - if any - to escape a recession if the world plunges into economic turmoil.

Posted by patrick8 > 2020-03-21 17:56 | Report Abuse

Any intelligent guess on Monday opening?
Very likely Red.

Posted by Keyman188 > 2020-03-21 18:02 | Report Abuse

Fund allocation...

35% of investment fund - during range 1200 ~ 1300

35% of investment fund - during range 1050 ~ 1200

30% of investment fund - during below 1050...............


Example :-

Assumption investment fund : $ 200,000

During 1200 ~ 1300 lvl, intend to purchase 5 Co. (35% of total investmet funds allocation)

Co.A @ 2.00 = allocation of $ 18,500 = 9,200 units

Co.B @ 1.70 = allocation of $ 15,500 = 9,100 units

Co.C @ 1.50 = allocation of $ 14,000 = 9,300 units

Co.D @ 1.30 = allocation of $ 12,000 = 9,200 units

Co.E @ 1.10 = allocation of $ 10,000 = 9,000 units


If index further decelerated to 1050 ~ 1200 lvl, then another 35% of total investment funds allocation

Co.A @ 1.50 = allocation of $ 19,000 = 12,600 units

Co.B @ 1.30 = allocation of $ 16,500 = 12,700 units

Co.C @ 1.10 = allocation of $ 14,000 = 12,700 units

Co.D @ 0.90 = allocation of $ 11,500 = 12,700 units

Co.E @ 0.70 = allocation of $ 9,000 = 12,800 units


If index further decelerated below 1050, then balance 30% of total investment funds allocation

Co.A @ 1.10 = allocation of $ 19,000 = 17,200 units

Co.B @ 0.90 = allocation of $ 15,500 = 17,200 units

Co.C @ 0.70 = allocation of $ 12,000 = 17,100 units

Co.D @ 0.50 = allocation of $ 8,500 = 17,000 units

Co.E @ 0.30 = allocation of $ 5,000 = 16,600 units


## So total share holding & average price for each company :-

Co.A = $ 56,220 / 39,000 units = $ 1.4415

Co.B = $ 47,460 / 39,000 units = $ 1.2169

Co.C = $ 39,890 / 39,100 units = $ 1.0202

Co.D = $ 31,890 / 38,900 units = $ 0.8198

Co.E = $ 23,840 / 38,400 units = $ 0.6208


%% At the end, the final average price of each company almost lower than the price during 1050 ~ 1200 index level

@@ This is illustration & reference only....

Posted by firehawk > 2020-03-23 00:23 | Report Abuse

Will not be a recession loh ....
Recession most prominent criteria --> high jobless rate + layoff ...now is not the economy issue loh ....

Hope an effective vaccine will finally be found to end the fear.

Posted by Junichiro > 2020-03-23 09:37 | Report Abuse

Scientist in S'pore published the latest findings - Covid has mutated into a less lethal common flu.

Posted by qqq33333333 > 2020-03-23 09:42 | Report Abuse

osted by Junichiro > Mar 23, 2020 9:37 AM | Report Abuse

Scientist in S'pore published the latest findings - Covid has mutated into a less lethal common flu.
===============

the L and S strains.............

Posted by Erudite > 2020-03-28 18:07 | Report Abuse

So interesting