Market down everyday, thanks to the Finance Ministry...lost and down counters are more than gainers everyday....and gov have no idea how to turn situation around...
Those kan cheong spiders whom sold down so quickly not knowing much about the Omicron variant might be punished with a quick rebound tomorrow as more reports are coming out to say Omicron might not be a big deal...it could be more infectious but less lethal...another words, just a mild variant of corona virus
After reading the comments from the CEO, is it a business entity with the objective of providing good returns to stake holders or its a charitable organization?
Key point here is a qr modification losses, Modification losses happen when changes are made to the terms of an existing loan by a bank to its customer. A moratorium – which is a temporary halt to one's loan payments made to the bank –tends to result in such losses. “The modification losses, if they are incurred, will be treated as non-core costs for banks
All profitable banks derived substantial fee based income such as comm from insurance, unit trust and FX as these will not involve loan impairments. MBSB is totally out in the most profitable sector. It relies on lending and costs of funds are high since it pay higher FD rates. Without such awareness and changes, you can continue to hold the counter like EPF, the caretaker of retirement funds for millions of workers.
Really absolutely no regrets totally selling off this counter sometime ago.......even when I dont hold any share anymore, I feel dissapointed with them.
betul cakap..when a country run by a bunch of idioits..the whole rakyat will suffer...and this counter is same situation.....putih putih gaji angkat saja....bank yg bernilai rm 0.57...aduh...mampus pergi...
History repeats itself. Price dropped below DRP price. I dont understand why still many investors still support and subscribed DRP. Something not right when they keep proposing DRP idea again and again. Im not suprised if they still propose for DRP.
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....
birdie65
53 posts
Posted by birdie65 > 2021-11-26 09:17 | Report Abuse
Market down everyday, thanks to the Finance Ministry...lost and down counters are more than gainers everyday....and gov have no idea how to turn situation around...