DESPITE THE CONTINUING IMPAIRMENT IN 2Q, ITS PROFITS IMPROVED BY 114% OVER ITS PRECEDING 1Q. MEANS OVERALL BUSINESS AND OTHER INCOME CONTRIBUTIONS HAD IMPROVED N HAD MITIGATED THE IMPACT OF IMPAIRMENT IN 2Q
TO PAUSE & REVIEW DUE TO THE LATEST MAJOR NEGATIVES AND UNCERTAINTIES ==================================================================== KLCI chart : end Sept Author: | Publish date: Sat, 1 Oct 2016, 06:30 PM KLCI chart ... ending the month of Sept, with a bomb-scare to shake KLCI ... lost 17 points yesterday. Shorted the opening was right but taken too early again ... didnt expect minus 20 plus points. Resisted by 20MA and 20-50 MA crossover to show bearish signal ahead. KLCI monthly chart ... still trapped in downtrend. Be aware.
(SORRY THE KLCI CHARTS COULD NOT BE COPY & PASTE HERE) k55s Meaning DJ rebound yesterday could be fake one? 01/10/2016 18:50 01/10/2016 21:56 I had some strong feelings that the world stock markets is facing financial turbulence and very likely and imminent to crashed in just a matter of time . The DJI rebound is just a fake sign as many institutions and financial experts are downloading their equities ahead of others to save haven and the final decisions is yet to be seen by many b4 the market crashed subtlety . If that happens at least about 70 % of stocks investors completely wiped out caught unaware with their egoistic swollen head which does come to accept the termed in what a major disaster is about to happen in short . EURO BANK SHARESAND SOME USA BANKS ARE UNDER GREAT PRESSURE OUR OWN MAYBANK AND CIMB SHARE PRICES ALSO DROPPED 2% LAST FRIDAY 01/10/2016 22:43 Why you should be skeptical of that $5.4 billion Deutsche Bank settlement -------------------------------------------------------------------------------------------------- 21 Hours AgoCNBC.com Deutsche Bank and German regulation 22 Hours Ago | 01:03Shares of Deutsche Bank were leaping in New York trade Friday on a report that it was near a settlement with the U.S. Department of Justice, but here's reason to be skeptical about the number being cited.Shares of Deutsche Bank have extended their gains, up about 14 percent in afternoon trading, after an AFP report that Germany's biggest bank is close to a $5.4-billion dollar settlement with the Justice Department over mortgage bonds. CNBC has not independently confirmed the report. But if the number was correct, under German capital market rules Deutsche Bank would be required to confirm the amount by now. Its failure to do so indicates the number is not correct. No way Merkel can bail out Deutsche Bank, German media say 8 Hours Ago German Chancellor Angela Merkel cannot afford to bail out Deutsche Bank given the hard line Berlin has taken against state aid in other European nations and the risk of a political backlash at home, German media wrote on Saturday. The government denied a newspaper report on Wednesday that it wasworking on a rescue plan for Germany's biggest bank, as its shares went into a tailspin fueled by a demand for up to $14 billion from U.S. authorities for mis-selling mortgage-backed securities before the financial crisis. "Of course Chancellor Merkel doesn't want to give Deutsche Bank any state aid," it wrote in a front-page editorial. "She cannot afford it from the point of view of foreign policy because Berlin is taking a hard line in theItalian bank rescue." The Munich-based Sueddeutsche Zeitung wrote that Merkel would be breaking a promise to taxpayers if she were to bail the bank out, which could spell disaster for her re-election bid next year as the anti-immigration AfD party gains ground. OTHER RECENT RISKS INCLUDE : BERSIH 5 ongoing until 6th November
Banking worldwide is having problems. Oil & Gas loans. Even Singapore banks got caught. Mbsb is a lot of housing loans and personal loans to civil servsnts. They still not got banking license yet after several years. Traditional 7 year crash is sept/October. Just keep watch.
WATCHING EU STOCK MARTS WHEN OPENS AT3PM TODAY. GERMAN SHARE MART WILL RE-OPEN THIS AFTERNOON. DEUTCHE BANK SHARE PRICE REBOUNDED 14% LAST FRIDAY BASED ON A FAKE NEWS OF PENALTY SETTLEMENT MUCH LOWER THAN THAT IMPOSED BY US DOJ. TURNED OUT TO BE JUST A MARKET RUMOUR. HENCE AFTER A HOLIDAY YESTERDAY, DEUCHE BANK SHARE PRICE MAY DROP BACK AGAIN
Deutsche Bank got a strong vote of confidence Monday from a big name — and competitor — on Wall Street. JPMorgan Chase CEO Jamie Dimon said he believes the German lender is going to be fine. They have plenty of capital, plenty of liquidity,"
UPDATING ========= MACRO FACTORS NOT EASY TO PREDICT. GERMAN MART DAX WAS UP 1%. ALL EU STOCK MARTS WERE UP DEUTCHE BANK SHARE PRICE WAS ALSO UP 2%. USA DOW WAS ALSO INTRA DAY UP 100 PTS BUT CLOSED DOWN 85. DUE TO STRONGER USD CURRENCY
MICRO-MANAGING ================ MAYBE RE-FOCUSSING ON THE INHERENT FUNDAMENTAL VALUES AND THE POTENTIAL OF MBSB WILL BE MORE RELEVANT. SINCE IT WENT EX-RIGHTS A FEW MONTHS AGO AT AROUND 0.71 SEN, IT S PRICE HAD PROGRESSED UPWARDS TO THE CURRENT 0.93. A COMMENDABLE PRICE RISE TO MOVE IT CLOSER TO ITS UNDERLYING FUNDAMENTAL VALUE. POSITIVES INCLUDE (1) ITS 2 YEAR IMPAIRMENT PROGRAMME IS LONGER TERM POSITIVE (2) ITS 2Q PROFITS WAS IN FACT MUCH HIGHER THAN ITS 1Q PROFITS REGISTERING A 114% INCREASE SEQUENTIALLY POINTING TO ITS PROGRESS TOWARDS NORMALISATION OF ITS HIGH PROFIT POTENTIAL (PRIOR TO ITS IMPAIRMENT PROGRAMME). (3) POTENTIAL ISLAMIC BANKING LICENCE WHICH WILL BE SUPPORTED BY (1) ABOVE
NEAR TERM POSITIVE CATALYSTS INCLUDE : (1) IMPROVED PROFITS FOR ITS 3Q RESULTS AS AT 30/9/16 (2) PROSPECTS FOR CASH DIVIDEND WHICH IT HAD IN THE PAST DECLARED DURING OCTOBER
AT 10 PM TONIGHT THE DOW WAS UP 100 POINTS EU MARTS WERE SLIGHTLY OFF. BUT DEUTSCHE BANK SHARE PRICE WAS UP ANOTHER 1% ON TOP OF THE 2% RISE YESTERDAY.
financial stock is trending down recently, MBSB dont seem to be cheap comparing with current banking stock. e.g AMMB or RHB which is trading below NTA and single digit PE...
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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....
darrenliew
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Posted by darrenliew > 2016-09-29 21:18 | Report Abuse
DESPITE THE CONTINUING IMPAIRMENT IN 2Q, ITS PROFITS IMPROVED BY 114% OVER ITS PRECEDING 1Q. MEANS OVERALL BUSINESS AND OTHER INCOME CONTRIBUTIONS HAD IMPROVED N HAD MITIGATED THE IMPACT OF IMPAIRMENT IN 2Q