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19 comment(s). Last comment by Integrity. Intelligent. Industrious. 3iii (iiinvestsmart)$€£¥ 2022-12-16 17:32

calvintaneng

56,446 posts

Posted by calvintaneng > 2022-12-15 00:30 | Report Abuse

And these are the warning red flags on KGB

1. KGB committed to complete Sarawak Construction project by End December 2022 worth Rm420 Millions

See
https://www.thestar.com.my/business/business-news/2021/09/14/kelington-bags-rm420mil-construction-job-in-sarawak

So far no sign of payment except got Rm530 Million Receivables (IOU) in balance sheet

Why KGB not get payment yet?

Is it due to incompletion by cost over runs

CEMENT PRICES UP BY 15% IN EARLY
NOW ANOTHER 15% HIKE IN CEMENT PRICES

HOW TO SURVIVE 30% CEMENT PRICE HIKE IN ONE YEAR?

See

https://www.edgeprop.my/content/1904606/construction-groups-want-govt-probe-latest-cement-price-increase?wref=edgemarkets

Another Red Flag

Since KGB got no payment IT GONE TO BORROW MORE MONEY

Refer KGB balance sheet

Short term loan jumped from Rm29 millions to Rm152 Million or Up by Rm123 Millions

Matter of time due to High Construction cost KGB will go insolvent & later bankruptcy

BETTER SELL KGB

SITTING TIME DEBT BOMB OF CONSTRUCTION OVER RUNS, IOUS & HIGHER DEBT LOAD

GET OUT NOW!

SELL ALL KGB

SELL ALL KGB WB FAR OUT OF MONEY!

stockraider

31,556 posts

Posted by stockraider > 2022-12-15 07:51 | Report Abuse

I think the unity govt can last between 2 to 5 yrs loh!

fl888

7,722 posts

Posted by fl888 > 2022-12-15 08:52 | Report Abuse

19-12-2022 will decide how long Unity Govt will last….and how bullish or bearish KLSE will be …….

DickyMe

14,858 posts

Posted by DickyMe > 2022-12-15 11:29 | Report Abuse

With Minister like Saifuddin, maybe until 19Dec, 2022.

beinvested

2,445 posts

Posted by beinvested > 2022-12-15 13:05 | Report Abuse

1. DSAI has achieved his target when becoming the PM and now helming the government/country. So, no sorrow or regrets even the tenure of his premiership is unpredictable. What a fulfilling feat from the "reformasi" movement?
2. Minus the parasites, anyone will last longer, unless like while climbing a coconut tree, the rest who are below your butt are pulling your legs to drag you down.
3. When in the classroom, teacher taught that inflation was due to excessive cash in the hands of the consumers chasing after limited goods & services, therefore causing the prices to increase/inflate too much. As a result, the purchasing power of the money is diminishing or the value of the currency is dwindling continuously.
4. The current incident of inflation was caused by the increased cost of production largely caused by the war in Ukraine. Therefore, the price of finished goods are pricey and consumers needed more money to buy the same quantity of goods and service. The consumers suffered a lot because their incomes are not improving.
5. The worse part was allowing the banks to increase the interest rate to hammer this unorthodox/unusual kind of inflation. Already coupled with lesser money to buy the usual consumptions, the larger amount of bank loan repayment has paralysed the economy of many family...in the towns, big or small.

beinvested

2,445 posts

Posted by beinvested > 2022-12-15 13:08 | Report Abuse

This new government must work to reduce the interest rates from the bank that are not helping the consumers in view of the type of inflation afflicted the economy. This type of inflation does not need the hike of interest rates as propagated by the Western thinking economists.

Hidup_Anwar

1,010 posts

Posted by Hidup_Anwar > 2022-12-15 14:57 | Report Abuse

Stock market can boost Anwar PM 5 years no problem. Every month or 2 goreng new stocks can Anwar do it?

Hidup_Anwar

1,010 posts

Posted by Hidup_Anwar > 2022-12-15 15:00 | Report Abuse

Goreng stocks meaning some stocks must 2x or 3X can Anwar do it? 1st month Anwar PM 10 already seen ASB goreng how about other stocks?

The_JQuestion

1,691 posts

Posted by The_JQuestion > 2022-12-15 16:05 | Report Abuse

HAHAH just like the paid forwarder to say sheraton 2.0 will occur and anwar will fail to put fear to those mindless and blind

TOO BAD it will not happen...

beinvested

2,445 posts

Posted by beinvested > 2022-12-15 16:33 | Report Abuse

1

beinvested

2,445 posts

Posted by beinvested > 2022-12-15 16:59 | Report Abuse

Buy the quality stock is safer.

Muzar1

2 posts

Posted by Muzar1 > 2022-12-15 22:35 | Report Abuse

maybe Anwar will last another 22 mth since court cluster still pulling him down

DickyMe

14,858 posts

Posted by DickyMe > 2022-12-16 11:31 | Report Abuse

". The current incident of inflation was caused by the increased cost of production largely caused by the war in Ukraine. Therefore, the price of finished goods are pricey and consumers needed more money to buy the same quantity of goods and service. The consumers suffered a lot because their incomes are not improving."
=========================================

Prices of goods rising due to negative events are acceptable.
However, problems like these end without bringing down goods price.
It stays high until the next problem arises and sharks are quick to raise the prices citing the latest problem. Some problems are recurring, for example currency value but the inflated goods price remain. The worst part is the products packaging diminish with high price. Double whammy for consumers. There have been no meaningful reduction in price. Even if it does reduce, it half hearted exercise due to force.

ahbah

6,236 posts

Posted by ahbah > 2022-12-16 13:01 | Report Abuse

Ah Wah got the ability to push up our rgt n stk mkt like what we saw when he got the pm post.

We all hope he will strengthen that ability.

Investfrog

215 posts

Posted by Investfrog > 2022-12-16 13:28 | Report Abuse

of course underwhelming, the PM seat not even warm up yet

The_JQuestion

1,691 posts

Posted by The_JQuestion > 2022-12-16 17:12 | Report Abuse

compare it to the places they win?? 11% more like 55% those areas that they lost maybe 85% support like u said gone
like all the fearmongers trying to PRY for anwar to fail... he is secruing his 2/3 majority u can see in ASB ........
while u wait for mmore useless sabri and modin that throw sweets around DSAI is the best bet.......... the rest will nt help in our stock market too only their crony stock
CLEAN and EFFICIENT policy will set us straight ..

beinvested

2,445 posts

Posted by beinvested > 2022-12-16 17:16 | Report Abuse

19 They answered, “An Egyptian rescued us from the shepherds. He even drew water for us and watered the flock.”

20 “And where is he?” Reuel asked his daughters. “Why did you leave him? Invite him to have something to eat.”

21 Moses agreed to stay with the man, who gave his daughter Zipporah to Moses in marriage. 22 Zipporah gave birth to a son, and Moses named him Gershom,[c] saying, “I have become a foreigner in a foreign land.”

23 During that long period, the king of Egypt died. The Israelites groaned in their slavery and cried out, and their cry for help because of their slavery went up to God. 24 God heard their groaning and he remembered his covenant with Abraham, with Isaac and with Jacob. 25 So God looked on the Israelites and was concerned about them.

WHAT CAN WE LEARN?

Your ill treatment from others/another, caused you to yield/cry the LORD, has "went up to God", as in Verse 23. It can be kingdom/gov, so God can destroy Egypt then. The Egypt during the time of Pharaoh is not the Egypt of today.

beinvested

2,445 posts

Posted by beinvested > 2022-12-16 17:31 | Report Abuse

I am far from sinless/righteous but i would share what i have learned/from the Book of God. Common things from the market, KLSE...as known before the BURSA.

Posted by Integrity. Intelligent. Industrious. 3iii (iiinvestsmart)$€£¥ > 2022-12-16 17:32 | Report Abuse

https://www.youtube.com/watch?v=j6Rs6tRAIUE&t=115s

LIVE: Sidang media Anwar Ibrahim pasca Majlis Permuafakatan Kerajaan Perpaduan

Hopefully, this is the inflection point for Malaysia and Malaysians for a better future. The market likes this and has gone up after this video conference.

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