Posted by tkl88 > 2020-11-08 02:09 | Report Abuse

By Jonathan Martin and Alexander Burns
* Nov. 7, 2020
Updated 12:48 p.m. ET

Joseph R. Biden Jr. achieved victory offering a message of healing and unity. He will return to Washington facing a daunting set of crises.

Joseph Robinette Biden Jr. was elected the 46th president of the United States on Saturday, promising to restore political normalcy and a spirit of national unity to confront raging health and economic crises, and making Donald J. Trump a one-term president after four years of tumult in the White House.
Mr. Biden’s victory amounted to a repudiation of Mr. Trump by millions of voters exhausted with his divisive conduct and chaotic administration, and was delivered by an unlikely alliance of women, people of color, old and young voters and a sliver of disaffected Republicans. Mr. Trump is only the third elected president since World War II to lose re-election, and the first in more than a quarter-century.
The result also provided a history-making moment for Mr. Biden’s running mate, Senator Kamala Harris of California, who will become the first woman to serve as vice president.
With his triumph, Mr. Biden, who turns 78 later this month, fulfilled his decades-long ambition in his third bid for the White House, becoming the oldest person elected president. A pillar of Washington who was first elected amid the Watergate scandal, and who prefers political consensus over combat, Mr. Biden will lead a nation and a Democratic Party that have become far more ideological since his arrival in the capital in 1973.

Posted by tkl88 > 2020-11-08 03:29 | Report Abuse

Like that next Monday onwards world stock markets including our KLSE will spike up like mad already !

Huat ah ! Heng ah ! Ong ah !

Posted by yingzhe17 > 2020-11-09 12:02 | Report Abuse

Tkl88 should be banned for spam

Posted by tkl88 > 2020-11-09 14:31 | Report Abuse

yingzhe17, why people spread the bad things to hurt our economy & our stock market don't banned them ?
you must be one of the guy do short selling and make profit from this spreading the bad things right?

Posted by tkl88 > 2020-11-09 14:32 | Report Abuse

President Biden is favours to world trade !
World economy will start booming from today onwards !
And asian stock markets including KLSE will be in bull market from today onwards !
As at 2.10pm,
Hang Seng : 26,095.46 (+382.49) (+1.49 %)
Shanghai composite: 3,380.38 (+68.23) (+2.06 %)
Nikkei : 24,912.31 (+587.08) (+1.41 %)
Taiwan Weighted : 13,127.47 (+153.94) (+1.19 %)
Korea Kopsi : 2,449.96 (+33.46) (+1.38 %)
Singapore STI : 2,611.34 (+32.66) (+1.27 %)

Huat ah ! Heng ah ! Ong ah !

Posted by tkl88 > 2020-11-09 22:08 | Report Abuse

Wow, oil price spike up like mad !
As at 9.50pm,
Nymex at => $40.67 (+3.53) (+9.50 %)
Brent at => $42.77 (+3.32) (+8.42 %)

Huat ah ! Heng ah ! Ong ah !

Posted by tkl88 > 2020-11-09 23:18 | Report Abuse

Oil Jumps by Most Since June on Covid Vaccine Progress
Alex Longley and Matthew Martin
Mon, November 9, 2020, 9:54 PM GMT+8·2 min
https://finance.yahoo.com/news/oil-climbs-biden-win-spurring-105416567.html

Posted by tkl88 > 2020-11-09 23:18 | Report Abuse

(Bloomberg) -- Oil in London jumped by the most since June as Pfizer Inc. reported a potential Covid-19 vaccine breakthrough.

Crude futures spiked following news the vaccine, being developed by Pfizer and BioNTech SE, prevented more than 90% of infections in a study of tens of thousands of volunteers.

Markets globally surged. WTI climbed more than 10% in New York, while global equities soared. It led to broader strength in the oil futures curve, with timespreads also moving sharply higher.

A vaccine “would be the most meaningful type of mitigator to the situation,” Saudi Energy Minister Prince Abdulaziz Bin Salman said prior to the Pfizer announcement at a conference on Monday. “We’re still hopeful that vaccine is found and that vaccine or vaccines spread and hopefully mobility would be regained.”

Since Covid first emerged, oil markets have been steadily recovering from the biggest crash in consumption in a generation. Transport use in Asia has rebounded strongly, but the renewed resurgence of the virus in Europe has continued to weigh on demand in the region. The emergence of a vaccine would not only help regions suffering form renewed lockdowns, but could also help spur the return of aviation demand -- the hardest hit corner of the market.

The relief in the market was seen in the profits from turning crude into transport fuels. Gasoline cracks in the U.S. reached their highest since mid-October, while those in Europe also gained. Jet fuel was also gaining relative to the value of other transport fuels in Europe, Bloomberg fair value data show.

Prices had earlier rallied as Joe Biden declared victory in the U.S. presidential election and began preparations to navigate America’s pandemic-hit economy out of crisis, with potential shifts coming on a range of policies from fiscal stimulus to Iranian sanctions. At the same time, Saudi Arabia said that OPEC+ could extend oil cuts through 2022 as the group seeks to re-balance the glutted market.

Posted by tkl88 > 2020-11-10 00:26 | Report Abuse

Walaoeh, Dow Jones spike up to sky high !
As at 12.05am,
Dow Jones at=> 29,425.57 (+1,102.17) (+3.89 %) !

Huat ah ! Heng ah ! Ong ah !

Posted by tkl88 > 2020-11-10 09:53 |

Post removed.Why?

Posted by abcd123 > 2020-11-10 11:48 | Report Abuse

why maybank (5.76%) will grow less than PB Bank(10.33%) ,RHB (7.76%) and CIMB (6.94%) ? (10 Nov 11.45am) TQ

Posted by tkl88 > 2020-11-11 01:28 | Report Abuse

Wow, oil price continue to spike up !
As at 1.20am,
Nymex=> $41.29 ‪(+1.00) (+2.48 percent)‬
Brent => $43.44 ‪ (+1.04) (+2.45 percent)‬

‪Huat ah ! Heng ah ! Ong ah !‬

Posted by Riaz1954 > 2020-11-11 11:04 | Report Abuse

Without doubt one of the better banks, in terms of capital efficiency and corporate loan exposure.
Should be at-least 5.20

Posted by tkl88 > 2020-11-11 19:22 | Report Abuse

Oil price continue to spike up like mad !
As at 7.02pm,
Nymex=> $42.89 (+1.53) (+3.70 percent)
Brent => $45.16 ‪(+1.55) (+3.55 percent)‬
‪Huat ah ! Heng ah ! Ong ah !‬

Posted by Kingwarrant9 > 2020-11-12 04:48 | Report Abuse

Rhb will be at RM5.5 for year end window dressing

Posted by Kingwarrant9 > 2020-11-12 04:49 | Report Abuse

C15 to double your money TP 20 sen

Posted by tkl88 > 2020-11-12 10:39 |

Post removed.Why?

Posted by Vanbasten > 2020-11-12 21:04 | Report Abuse

Mother 5.5 .....c25 at 20 sen. Merry xmas

Posted by Allbullbutglove > 2020-11-14 08:45 | Report Abuse

Top pick recovery play ...RM 5.5 is a safe bet n yes I'm loaded with c25, 27

Posted by Allbullbutglove > 2020-11-14 08:45 | Report Abuse

Also have made tons in cimb cw , PBB cw these past 5 days

Posted by Allbullbutglove > 2020-11-14 09:08 | Report Abuse

No 3 stock in EPF list...whole nation will depend of RHB climbing to RM 5.5 ....n staying there or higher...by the way MBSB will fly this coming 6 weeks hehehehe. 70 sen plus good enough...

Posted by Vanbasten > 2020-11-14 11:29 | Report Abuse

C25 c27 15 sen n 22 sen

Posted by Vanbasten > 2020-11-14 13:02 | Report Abuse

Fund managers cumming big time

Posted by Vanbasten > 2020-11-14 18:03 | Report Abuse

Cw superbull nov dec

Posted by tkl88 > 2020-11-16 09:39 |

Post removed.Why?

Posted by warrantwealth > 2020-11-16 11:44 | Report Abuse

thank you van basten up up up

Posted by tkl88 > 2020-11-16 12:19 |

Post removed.Why?

Posted by tkl88 > 2020-11-17 07:51 | Report Abuse

Dow Jones continue to spike up like mad !
Dow Jones closed at=>29,950.44 (+470.63) (+1.60 percent)
Huat ah ! Heng ah ! Ong ah !

Posted by Riaz1954 > 2020-11-18 12:06 | Report Abuse

Net asset 6.40 per share price 5.18!

Posted by Riaz1954 > 2020-11-18 12:07 | Report Abuse

Wrong 6.62 NAV, strong case.

Posted by masterus > 2020-11-18 12:15 | Report Abuse

Thailand protests: More than 40 injured as clashes rock Bangkok
18 November 2020 Asia

Protesters were attempting to reach parliament on Tuesday, where lawmakers were debating possible changes to the constitution.

They hurled smoke bombs and bags of paint at police, who retaliated with water cannon and tear-gas solution.

The proposed constitutional changes have been one of the core demands of the months-long protest movement.

Others included reforms to the monarchy and the removal of Prime Minister Prayuth Chan-ocha - a former general who seized power in a 2014 coup.

But the BBC's Jonathan Head, who was at the scene, said many activists were worried that parliament would dismiss most of their demands - in particular, the one calling for reform of the monarchy.

Legislators are expected to vote on whether to accept any of the proposed changes by Wednesday evening local time.

Posted by Vanbasten > 2020-11-18 19:48 | Report Abuse

Resume c25 c27 reloaded n more

Posted by Vanbasten > 2020-11-18 19:48 | Report Abuse

Fly fly fly

Posted by Friendsofvanbastencw > 2020-11-18 22:50 | Report Abuse

Rm 5.5 target n stay there

Posted by Friendsofvanbastencw > 2020-11-19 11:28 | Report Abuse

Ready. For blast off again

Posted by Friendsofvanbastencw > 2020-11-19 21:15 | Report Abuse

Drop some more please

Posted by Friendsofvanbastencw > 2020-11-19 21:15 | Report Abuse

Results. Out soon

Posted by Vanbasten > 2020-11-19 23:09 | Report Abuse

Edge weekly says maybank ib target for rhb is RM 6.7 (nov 2020)

Posted by tkl88 > 2020-11-20 07:57 | Report Abuse

Malaysia in deal with China for Covid-19 vaccine development
PUBLISHED : 18 NOV 2020 AT 19:40
WRITER: REUTERS

https://www.bangkokpost.com/world/2021843/malaysia-in-deal-with-china-for-covid-19-vaccine-development

Posted by tkl88 > 2020-11-20 07:57 | Report Abuse

KUALA LUMPUR: Malaysia said on Wednesday it has signed an agreement with China to cooperate on the development of a safe and efficacious vaccine, as part of efforts to combat the Covid-19 pandemic.

Under the agreement, in force for an initial period of five years, the Southeast Asian nation will be given priority access to Covid-19 vaccines developed by China. Both will share knowledge and expertise and facilitate scientific and technological capabilities to advance vaccine development in their countries, Malaysia said in a joint ministerial statement.
Science, Technology and Innovation Minister Khairy Jamaluddin signed the agreement with his Chinese counterpart Wang Zhigang in a virtual ceremony.

Cooperation between Malaysia and China under the agreement would be supervised by a committee chaired by the foreign affairs ministers of both countries that was formed in October to address post-pandemic challenges.

"Both countries will also support the participation of their public and private sectors including universities, institutions, societies and organisations in joint collaborative projects," the Malaysian ministries said.

Posted by tkl88 > 2020-11-20 08:37 | Report Abuse

Khairy: Malaysia to pay RM94mil upfront for vaccine under Covax plan

* NATION
* Thursday, 19 Nov 2020 
10:53 AM MYT By MARTIN CARVALHO, RAHIMY RAHIM and TARRENCE TAN

Posted by tkl88 > 2020-11-20 08:37 | Report Abuse

https://www.thestar.com.my/news/nation/2020/11/19/khairy-malaysia-to-pay-upfront-rm94mil-for-vaccine-under-covax-plan

Posted by tkl88 > 2020-11-24 02:29 | Report Abuse

Wow, oil price continue it’s bull run !
As at 12.30am,
Nymex=> $42.85 ‪(+0.43) (+1.01 %)‬
Brent => $45.80 ‪(+0.73) (+1.62 %)‬

‪Huat ah ! Heng ah ! Ong ah !‬

Posted by tkl88 > 2020-11-25 06:58 | Report Abuse

Wow, oil price continue to spike up like mad !
As at 1.25am,
Nymex=> $44.95 ‪(+1.89) (+4.39 percent)‬
Brent=> $47.77 ‪ (+1.73) (+3.76 percent)‬

Posted by tkl88 > 2020-11-25 07:36 | Report Abuse

Walaoeh, Dow Jones continue it’s bull run !‬
Dow Jones closed at=> 30,046.24 (+454.97) (+1.54 percent) ! Huat ah ! Heng ah ! Ong ah !

Posted by Riaz1954 > 2020-11-25 19:25 | Report Abuse

The price should be around 5.40....results due any time?

Posted by tkl88 > 2020-11-26 20:39 | Report Abuse

Budget 2021 approved by Dewan Rakyat

Ahmad Naqib Idris/theedgemarkets.com
November 26, 2020 15:32 pm +08
https://www.theedgemarkets.com/article/budget-2021-approved-dewan-rakyat

Posted by tkl88 > 2020-11-26 20:39 | Report Abuse

KUALA LUMPUR (Nov 26): After a heated session during Finance Minister Tengku Datuk Seri Zafrul Tengku Abdul Aziz’s wrapping-up speech on Budget 2021, the bill was approved at the policy stage.
Towards the end of the session, Dewan Rakyat Speaker Datuk Azhar Azizan Harun asked for a show of hands of those for and against the budget, and decided that there were more Members of Parliament (MPs) who agreed with the budget, although Pokok Sena MP Datuk Mahfuz Omar interjected and motioned for a tally of the votes.
However, this required 15 MPs to support the call for a tally. Only 13 stood up in support of the tally, according to the Speaker.
“There are fewer than 15 people [supporting the call for a tally]. There are more voices [in agreement with the budget]. The bill will see its second reading now,” he said.
The wrap-up by the minister was a heated one as ruling and opposition MPs furiously interjected for clarifications of certain issues, including the expansion of the Employees Provident Fund's (EPF) i-Sinar facility to include those receiving pay cuts due to the Covid-19 pandemic.
Subang MP Wong Chen claimed that the EPF’s inflows amount to no more than RM20 billion per year, and therefore could not cover the total increased allocation of RM70 billion for the i-Sinar facility.
“Where is the EPF going to find the extra RM50 billion? Are they going to sell their shareholdings in listed companies on Bursa Malaysia? If this hits the headlines tomorrow, we will have a big problem,” he said.
However, Tengku Zafrul clarified that the EPF is seeing inflows of RM80 billion per year, adding that the Ministry of Finance (MoF) had looked into the matter.
“I would like to correct the facts. We conducted a detailed analysis of this for over a week. Actually, the inflows are not RM20 billion, RM30 billion or RM40 billion. It is RM80 billion per year,” responded the minister.
Following that, Wong pointed out that withdrawals by contributors, amounting to RM40 billion to RM50 billion per year, had to be taken into account as well — before his microphone was muted by the Speaker.
The session quickly devolved into a shouting match among the MPs, which resulted in intermittent muting of the MPs’ microphones by a visibly irritated Speaker.
“This is embarrassing behaviour. We are debating on the budget and this is how we are behaving? The rakyat are watching all of us here!” he said.
Other points mentioned during Tengku Zafrul's speech included a reduction in allocation for the Special Affairs Department (JASA) to make way for increases in other allocations, although he did not elaborate.
On the various proposals for a further extension of the loan moratorium, he said all who are eligible — whether they are in the B40, M40 or T20 category — will be able to request for various forms of assistance, which also include reducing or rescheduling loan repayments, from their respective banks.

Posted by Riaz1954 > 2020-11-27 20:53 | Report Abuse

Rhb’s turn on Monday.....what is going to be? Recovery? Slightest improving trend will see price rise to 5.50 level,for,sure. Strong capital and strong asset portfolio should see price rally.

Posted by beso > 2020-11-30 13:46 | Report Abuse

rhb just post a very good q3 result, will up somemore