Posted by SEEMAL > 2019-11-15 10:20 | Report Abuse

Soon should be 0.10

Posted by Alpha777 > 2019-11-18 16:57 | Report Abuse

What happen

Posted by tkl88 > 2019-11-18 17:20 | Report Abuse

Nothing happend, minor correction is good for the price further spike up to the moon !

Posted by tkl88 > 2019-11-18 17:23 | Report Abuse

You can see this few weeks Tanco traded most actively in the most active trading list !
It means fund institution like this stock very much and look like some one wanted to eat all shares from the market to privatise it !

keep the shares tight tight and buy more when the price give discount and wait to sell it above RM1.00 soon !

Huat ah ! Heng ah ! Ong ah !

Posted by vivoviva > 2019-11-18 17:46 | Report Abuse

The son of Tanco Edwin Tan lansi to the max. Think he superb rich. Kimberly also dont want him already. Lol

Posted by Beginner123 > 2019-11-20 22:58 | Report Abuse

Feel the price movement seems like profit take and baiting people to clear their stocks..

Posted by Alpha777 > 2019-11-26 09:07 | Report Abuse

Bye2

Posted by tkl88 > 2019-11-26 14:15 | Report Abuse

Alpha777, why Bye2 ?
The QR which going to be release by this Friday definitely will be very outstanding !
You definitely will be feel very regret of your so early exit with a peanut profit !

Posted by Alpha777 > 2019-11-26 15:43 | Report Abuse

Why should i regret, there lots of active counters in Bursa. Why need to wait this tanco. Till i grow a beard ka? Volume also lemau aiyaa

Posted by Alpha777 > 2019-11-26 15:44 | Report Abuse

Later volume come. I buy la

Posted by Beginner123 > 2019-11-26 18:36 | Report Abuse

QR report announced...loss again..
Still got hope meh?

Posted by soso9999 > 2019-11-27 08:31 | Report Abuse

tkl88 padam muka haha

Posted by tkl88 > 2019-11-27 09:35 | Report Abuse

soso9999 Just a small losses nia, what's the big deal ?
My purchase price is only 0.045 , even now i sell at 0.06,
i still can making a hugh profits of => 0.06-0.045 => 0.015 / 0.045 * 100% = +33.3% !

Posted by Beginner123 > 2019-11-27 09:37 | Report Abuse

But they still have retained profit of 41m... Haha

Posted by Beginner123 > 2019-11-28 10:04 | Report Abuse

The price now is abit reasonable
Will next year is a good year for Tanco?
2020 Tourism year

Posted by tkl88 > 2019-12-13 12:13 | Report Abuse

S&P 500 jumps to record as US and China get set to finalize ‘phase one’ trade deal
https://www.cnbc.com/2019/12/12/stock-market-us-china-trade-war-and-fed-in-focus-on-wall-street.html
PUBLISHED THU, DEC 12 20192:35 AM Fred Imbert

The S&P 500 gained 0.9% to end the day at 3,168.57, notching a record close. The Nasdaq Composite also posted an all-time closing high, rising 0.7% to 8,717.32. The Dow Jones Industrial Average closed 220.75 points higher, or 0.8% at 28,132.05. All three of the major averages reached intraday records, their first since Nov. 27.

U.S. negotiators have the terms of the deal ready for President Donald Trump’s review. CNBC confirmed reports from earlier in the day that said U.S. negotiators are offering to cancel new China tariffs and reduce existing levies on Chinese goods by up to 50% on $360 billion worth of imports. The latest trade news comes ahead of a key Sunday deadline. If an agreement is not reached by Sunday, additional U.S. levies on Chinese products will take effect.

Trump said in a tweet earlier in the day both sides were getting “VERY close to a BIG DEAL with China.” They want it, and so do we!” The major indexes hit record highs following Trump’s tweet.

“People are very optimistic here that all the risks cited are going away,” said Ilya Feygin, senior strategist at WallachBeth Capital. “It just seems like people who have been skeptical have been forced into the market.”

He noted that weekly inflows into equity ETFs have ranged between $6 billion and $8 billion in recent weeks.

Caterpillar shares jumped 1.9% on Thursday while Micron Technology advanced 3.5%. The VanEck Vectors Semiconductor ETF (SMH) and the iShares PHLX Semiconductor ETF (SOXX) both rose more than 2.5% and hit all-time highs.

Bank stocks also got a lift as Treasury yields rose. The SPDR S&P Bank ETF (KBE) climbed 2.9% and hit a 52-week high. J.P. Morgan Chase, Bank of America and Citigroup all closed at least 1.6% higher. The benchmark 10-year Treasury yield advanced to 1.896% while the 2-year rate was at 1.66%.

Stocks started December on the wrong foot as worries around U.S.-China trade relations increased. In the first two sessions of the month, the Dow lost more than 500 points.

The world’s two largest economies have imposed tariffs on billions of dollars’ worth of one another’s goods since the start of 2018, battering financial markets and souring business and consumer sentiment.

Still, the major averages are up sharply for the year. The S&P 500 and Dow have jumped 26.4% and 20.6%, respectively, year to date. The Nasdaq is up around 31%.

Next year, however, should be tougher on Wall Street, CalSTRS CIO Christopher Ailman said.

“It will be choppy,” Ailman told CNBC’s Brian Sullivan in an interview that aired Thursday. “This is going to be another election year. Remember 2016? That was a really hard year where the market slugged it out to generate a positive return. We may have that kind of year because of all the rhetoric we’re going to hear.”



Walaoeh... US and China finally reached a “phase one” trade deal !!!
Hosei liao lar this this our stock market !!!
Market are so bullish now !!!
2020 onwards will be prosperous years !!!
KLSE going to break 2,000 points soon !!!
Huat ah ! Heng ah ! Ong ah !

Posted by tkl88 > 2019-12-18 09:28 | Report Abuse

Today is AGM, who is attending here? Any good news?

Posted by tkl88 > 2019-12-18 17:49 | Report Abuse

Wow, what happend ?
Today KLSE spike up to 1,599,11 points (+22.16)(1.41%)
Like that by next week (end of 2019), KLSE probably will spike up to closed above 1,700 points liao lah !

Huat ah ! Heng ah Ong ah !

Posted by shawn88 > 2020-01-10 10:42 | Report Abuse

This still alive? 0.045.... gg

Posted by tkl88 > 2020-02-13 07:17 | Report Abuse

Walaoeh, hoseiliao lah today !
DJI was spike up to record high to
closed at=> 29,551.42 (+275.08) (+0.94%) !

Like that KLSE at least will spike up +50 points
and Tanco at least will spike up 4 cents
to closed at => 0.085 (+0.04) (+88.9) !

Huat ah ! Heng ah ! Ong ah !

Posted by tkl88 > 2020-02-13 07:18 | Report Abuse

Coronavirus come to the end liao !
Hoseiliao lah our economy & stock market this time !

Stocks Close at Record Highs as Spread of Coronavirus Seen Slowing

https://www.google.com.my/amp/s/www.thestreet.com/.amp/markets/dow-sets-record-stocks-rise-as-coronavirus-spread-slowing

BY JOSEPH WOELFEL , UPDATED: FEB 12, 2020 1:30 PM EST | ORIGINAL: FEB 12, 2020

The Dow, S&P 500 and Nasdaq close at all-time highs as the number of new coronavirus infections slows.
1.
2. The Dow Jones Industrial Average, S&P 500 and Nasdaq closed at all-time highs after China said the number of new coronavirus infections slowed to the lowest rate in nearly two weeks.
3. Coronavirus update: 1,118 deaths, 45,206 infected.
4. BP is Real Money's Stock of the Day. The European oil giant has set a "net zero" target for emissions by 2050.
The Dow Jones Industrial Average, S&P 500 and Nasdaq closed at all-time highs Wednesday after China said the number of new coronavirus infections slowed to the lowest rate in nearly two weeks.
The Dow finished up 275.08 points, or 0.94%, to 29,551.42, the S&P 500 rose 0.65% to 3,379.45, and the Nasdaq closed up 0.90% to 9,725.96.
The three exchanges all set intraday highs as well.

The coronavirus outbreak -- the World Health Organization said the official name for the disease caused by the new coronavirus is Covid-19 -- has killed 1,118 people and infected more than 45,200.
But the rate of infections is slowing according to China's National Health Commission, which was hopeful that the spread of the virus around China, the world's second-largest economy, has peaked.
The broader impact of the virus on China's growth, as well as its influence on economies around the world, has yet to be quantified, however.

"We are closely monitoring the emergence of the coronavirus, which could lead to disruptions in China that spill over to the rest of the global economy," Federal Reserve Chairman Jerome Powell told the House Financial Services Committee on Tuesday, adding that there will "very likely be some effects on the United States." He told the Senate Banking Committee on Wednesday that the Fed should have an idea how much the outbreak has impacted the U.S. economy “fairly soon.”
Sen. Bernie Sanders was declared the winner and Pete Buttigieg, the former mayor of South Bend, Ind., came in a very close second in a tight race for the Democratic presidential nomination in the New Hampshire primary on Tuesday.
Wall Street's reaction to the Sanders win was muted as many investors don't think the senator can win the presidency or believe that if he wins his socialist beliefs and anti-establishment proposals won't pass muster with Congress.
Health care stocks such as UnitedHealth (UNH) - Get Report, which was leading the Dow, rose since Sanders isn't predicted to defeat Donald Trump and therefore his Medicare for All proposal won't get off the ground.
CVS Health (CVS) - Get Report posted stronger-than-expected fourth-quarter earnings but forecast fiscal-year profit that was modestly shy of Wall Street forecasts.

Posted by tkl88 > 2020-02-15 12:39 | Report Abuse

敦马：必遵守诺言·“APEC后辞首相职
https://www.sinchew.com.my/content/content_2217059.html?%E6%95%A6%E9%A9%AC%EF%BC%9A%E5%BF%85%E9%81%B5%E5%AE%88%E8%AF%BA%E8%A8%80%C2%B7%E2%80%9CAPEC%E5%90%8E%E8%BE%9E%E9%A6%96%E7%9B%B8%E8%81%8C%E2%80%9D

（浮罗交怡14日讯）首相敦马哈迪重申，他一定会兑现承诺，在11月举行2020年亚太经济合作论坛（APEC）峰会后，辞去首相职。

他也证实，他与公正党主席拿督斯里安华会面，安华所发表的文告内容都是正确的。

他强调，他不涉及任何其他的动作，且必定会遵守诺言。

马哈迪今日为一项度假村发展计划主持动土礼后，召开新闻发布会。

对于一直重提的辞职课题，马哈迪说，这是因为媒体喜欢一直炒作，他更调侃，对于媒体，若他与安华互相殴打，（因有新闻）会更开心。

好奇138签名人数传言

另外，针对传言指有138名国会议员签署法定声明（SD），支持他任满一届的事件，马哈迪也好奇为何有这样的支持人数。

他说 ，希盟拥有最多国会议员，如果有138名国会议员签署，等于有希盟的国会议员也支持（签署声明）。

他也说，他确实听到很多传言，也有人叫他再当20年的首相。

他自我调侃：“我已94岁，过不久将迈入95岁，不可能做那么久。”

安华昨午就伊党、巫统与公正党一小撮人正在争取签名，以支持马哈迪任相直到任期结束的最新演变，到布城与首相敦马会面，针对移交政权一事进行商讨。

他在会谈结束后发表声明透露，希盟主席理事会将在2月21日召开的会议上，针对首相权力转移一事进行讨论并拍板定案。

安华补充，自己倾向于马哈迪领导国家直到亚太经合论坛峰会结束。


文章来源 ： 星洲日报 2020-02-14

Posted by tkl88 > 2020-02-15 13:50 | Report Abuse

财长：减轻疫情冲击．首相27日宣布振兴配套
2020-02-14 17:20:32
https://www.sinchew.com.my/content/content_2217173.html

（布城14日讯）财政部长林冠英披露，首相敦马哈迪将于2月27日（星期四）下午4时30分宣布振兴经济配套，以寻求减轻新冠肺炎疫情对马来西亚经济的影响，并保护国人应享有之福利。

挹注额外资源

他发表文告说，振兴经济配套既不是新的预算案，也不是2020年国家预算案的一部分。它将向受影响的领域挹注额外的资源，以使经济尽可能完善发展，并受益于疫情解除之后预期的经济反弹。

“当市场面临严峻挑战之际，我们不应绝望以对，反之，应坚持不懈地让我们的行业得以生存，一旦疫情威胁解除后，我国就可以从经济反弹中受益。现金流是主要问题，受影响的公司必须确保它们在经济反弹时保持生存能力、运营能力并能够从中获利。”

林冠英说，政府将采取措施协助相关公司，同时也会着重于探索其他收入，例如转向鼓励国内旅游和从其他市场采购货物。这还包括保持国内劳动力市场的弹性，同时在短期需求疲软的情况下，确保我们的软硬件基础设施保持不变。

政府各机构密切磋商

“财政部正联合经济事务部、交通部、旅游、艺术和文化部与各别机构制定振兴经济计划。政府已经接洽旅游、物流、及金融领域的主要参与者以进行磋商。政府部门也与中小型企业以及与政府关联的基金和企业举行了会议。”

他说，卫生部在遏止新冠肺炎疫情方面做出了杰出贡献，尽管假新闻呈猖狂繁衍之势，但并未引起公众恐慌。我国的专业卫生人员应获得他们所需的一切支持，以克服此次挑战。

“现在是每个马来西亚人抛开分歧，团结一致的时候。当政府帮助受影响的行业时，我们希望各行业的业内人士也发挥各自作用，协助其客户和供应商，以便所有人都可以应对此次挑战，并待疫情结束后受惠于市场的反弹。正如约翰肯尼迪（John F. Kennedy）所说：‘不要问国家能为你做什么，问你自己能为国家做什么'。”


文章来源 ： 星洲日报 2020-02-14

Posted by tkl88 > 2020-02-16 20:55 | Report Abuse

Several economic sectors to be covered by stimulus package
https://www.nst.com.my/news/nation/2020/02/566120/several-economic-sectors-be-covered-stimulus-package

Posted by tkl88 > 2020-02-16 21:07 | Report Abuse

“Economic Affairs Minister Datuk Seri Azmin Ali said it will include tourism, manufacturing, and construction sectors. ”

Walaoeh, like that hoseliao lah next week !
Tommorrow Tanco probably will spike up to closed at
0.10 (+0.055) (+122.2%) !

Huat ah ! Heng ah ! Ong ah !

Posted by lzchyi > 2020-02-17 10:43 | Report Abuse

This also not moving at all

Posted by tkl88 > 2020-02-21 09:49 | Report Abuse

Wow, Good news, Coronavirus number of new cases in China dropped significantly to just 3 digits figure only !
And Wuhan Coronavirus number of new cases even plunged more significantly from 18/2/2020 's 1660 cases to 18/2/2020 's 615 cases nia !
1660 - 615 = reduced 1045 cases
= 1045/ 1660 * 100%
= reduced by - 63%

https://news.sina.com.cn/c/2020-02-20/doc-iimxxstf3125000.shtml
这一周，武汉变了！ 2020年02月20日 22:58
原标题：锐参考 | 这一周，武汉变了！
　　今天（20日）上午，一个振奋人心的消息传来：
　　2月19日0-24时，武汉、湖北、全国新增新冠肺炎病例均降至3位数。
其中，武汉新增确诊病例降幅尤为明显，从18日的1660例，到19日的615例，可谓“锐减”。
　　这个数字，也成为武汉保卫战发起“全面总攻”一周以来，取得的又一个积极变化。
　　2月14日，中共中央政治局委员、国务院副总理孙春兰率中央赴湖北指导组来到湖北省疫情防控指挥部，提出要“以更坚定的信心、更顽强的意志、更果断的措施，发起全面总攻”。
　　自此日算起，接下来的七天，武汉在针对疫情的“救治”和“阻隔”两大关键环节上，每天都在发生新变化。
　　应收尽收！拉网式排查摸清底数
　　“全面总攻”发起当天（2月14日），湖北省委常委、武汉市委书记王忠林主持召开了武汉市新冠肺炎疫情防控指挥部视频例会。
　　王忠林在会上强调，要把强化患者救治作为重中之重，并提出了继续新建“方舱医院”，千方百计增加床位等多项举措。
加快增设床位、提高收治能力，目标即是八个字：应收尽收，应治尽治。
　　2月15日，孙春兰率中央赴湖北指导组在武汉实地考察患者收治和床位准备情况时指出：“目前，最紧缺的就是收治患者的床位，一定要尽最大努力，千方百计增强收治能力，坚决做到应收尽收、刻不容缓。”
　　同日，湖北省委书记应勇履新后首次调研，便深入武汉市的医院、社区、超市检查指导疫情防控工作，看望慰问抗“疫”一线工作人员。
　　在武汉客厅方舱医院，应勇说：“方舱医院要坚持救治为主，把关爱和服务融入到救治全过程。同时，抓紧制定方舱医院的治疗规范、管理规范、服务规范。”
目前，武汉市定点医院已增加到45家、共有床位19161张；全面启用12家方舱医院，计划床位超过2万张。
　　全面提升收治能力的同时，应收尽收工作也在持续发力。
　　2月17日，一场为期3天的拉网式大排查在武汉3300多个社区、村湾同步展开。此前一天在部署这项工作时，王忠林强调，“不见底，打阻击战是不靠谱的”，底数摸清了，才能把握疫情防控的主动权。
　　据《湖北日报》2月17日报道，在大排查首日，面对新的工作任务，武汉市洪山区某社区工作人员却不像前几天那么焦虑，反而有了底气，因为先后有省市区下沉干部70余人到社区报到，给这场战斗增添了“赢的可能”。　
　　管控升级！一把手“暗访”多地
　　社区是疫情防控最基础的单元。2月15日下午，应勇在武汉检查社区管控情况时表示：“要发动社区居民一起守好社区的门，守好自己的门，守好自己健康的门，打响疫情防控的人民战争！”
　　2月16日，湖北省委省政府发布《关于全力以赴坚决打赢我省新冠肺炎疫情防控阻击战的意见》，提出全力加强社区管控。
　　紧接着，武汉于2月17日宣布采取最严格措施，明确要求武汉市各小区（村庄）百分之百实行24小时封闭管理。
“武汉市前期的小区封闭管理、排查存在不少漏洞，接下来一定不能流于形式。”在接受武汉市委机关报《长江日报》采访时，武汉大学健康学院一位研究员说道。
　　为了探查社区封控管理情况，2月18日，王忠林采取不发通知、不打招呼、不听汇报、不用陪同接待、直奔基层、直插现场的“四不两直”方式，暗访了江岸、江汉、硚口等地部分社区疫情防控工作。
　　社区工作的变化最能让民众有切身感受。“现在每家都能收到调查电话和物业的对接调查表，居委会物业和业委会也开始积极招募志愿者帮大家做各种工作。”
　　“小区有个总的大群，每栋楼有单独小群，都有网格管理者在里面发一些组织方面的事情和通告……”这是一位微博网友援引自己“武汉朋友”的讲述。
　　而这两天，也有不少武汉网友在微博上记录了社区工作人员为小区业主们发免费菜的经历。
背水一战！武汉各区立下“军令状”
　　武汉胜则湖北胜，湖北胜则全国胜。
　　有媒体将湖北新任领导上任一周来的战“疫”形容为“背水一战”。
　　对疫情防控工作的紧迫性，应勇曾这样表态：“与疫情相关的一个个数字背后，是一条条鲜活的生命，决不能熟视无睹，决不能无动于衷！”
　　在大排查行动的最后一天、2月19日当晚召开的视频会上，王忠林要求各区区委书记、区长在排查汇报材料上签订“责任状”，对确诊病例一个都不居家等问题进行承诺，下一步，如果出现疏漏，追责问责。
　　他的原话是：“不能不当回事，人命关天，如果再发现一例，就拿区委书记、区长是问。”
他还提醒各级干部：“疫情是一场大考，我们是当绅士还是当战士，是交出优秀、合格还是不及格的答卷，这是对责任、觉悟的考验，也是对人生的考验。”
　　事实上，问责与激励机制也在同步推进。2月19日，武汉市纪委监委通报5起干部下沉社区典型问题，共计有12名干部被问责。
　　2月17日，武汉出台《关于做好在打赢疫情防控阻击战中及时奖励工作的通知》。据《长江日报》消息，目前已有14位干部获火线提拔。
与此同时，抗“疫”一线的一些好消息正在陆续传来：神农架林区率先在湖北实现确诊病例“清零”；武汉的重症占比从38%下降到18%；武汉、湖北、全国新增新冠肺炎病例均降至3位数……
　　相比前期疫情暴发时的严峻局势，抗“疫”防控措施的成效确有显现。
　　针对下一步工作，王忠林在19日的视频会上表示，从20日开始，要推进新增确诊病例当日收治，全面跟进流行病学调查，为下一步赢得阻击战主动权奠定基础。

Posted by tkl88 > 2020-02-24 17:07 | Report Abuse

Great Great Great Good news !
Mahathir resigned as PM !

PM's Office to issue statement to address talk that Dr Mahathir has resigned
https://elevenmyanmar.com/news/pms-office-to-issue-statement-to-address-talk-that-dr-mahathir-has-resigned

Posted by tkl88 > 2020-02-24 17:08 | Report Abuse

New Government will come out ! New Prime Minister will come out !
I think the New PM is Anwar Datuk seri anwar ibrahim from PKR !

Posted by tkl88 > 2020-02-26 16:41 | Report Abuse

Covid-19 economic stimulus package to be announced soon, says Dr M
https://www.thestar.com.my/news/nation/2020/02/26/covid-19-economic-stimulus-package-to-be-announced-soon-says-dr-m#cxrecs_s
Wednesday, 26 Feb 2020 2:35 PM MYT

PUTRAJAYA: Tun Dr Mahathir Mohamad said the stimulus package will be announced soon.

The interim Prime Minister, on his Twitter @chedetofficial, said that he had just chaired a meeting with the Finance Ministry's top officials.
"This initiative will be announced not too long now," he said on Wednesday (Feb 26).

Picture(Twitter): Tun Dr Mahathir Bin Mohamad baru saja selesai bermesyuarat bersama dengan para pegawai atasan Kementerian Kewangan di dalam sesi perbincangan mengenai Pakej Ransangan Ekonomi. Inisiatif ini akan diumumkan tidak lama lagi.


The stimulus package to help cushion the effects of the Covid-19 outbreak was initially planned for launch on Feb 27.
However, Dr Mahathir resigned on Feb 24, resulting in the dissolution of the Cabinet.
The Yang di-Pertuan Agong has consented for Dr Mahathir to be interim Prime Minister until a successor has been appointed.
The King is currently interviewing Members of Parliament individually to ascertain who enjoys the majority support in Parliament

Posted by tkl88 > 2020-02-26 16:48 | Report Abuse

Tun M meets finance ministry's top officials, stimulus package to be announced soon
Wednesday, 26 Feb 2020 3:20 PM MYT
https://www.thestar.com.my/business/business-news/2020/02/26/tun-m-meets-finance-ministry039s-top-officials-stimulus-package-to-be-announced-soon

KUALA LUMPUR: Interim Prime Minister Tun Dr Mahathir Mohamad has completed a meeting with the Finance Ministry’s top officials in regards to the tabling of the Economic Stimulus Package.

The economic package aimed to stimulate Malaysia’s economy and mitigate any adverse repercussions arising from the COVID-19 outbreak and other external uncertainties.

In his official twitter, Dr Mahathir said the initiative would be announced soon.

However, he did not reveal details of the stimulus package or the date of the announcement, which was initially scheduled tomorrow, Feb 27,2020.


The stimulus package designed mainly for the aviation, retailing and tourism sectors to cushion adverse repercussions from the coronavirus infections, which originated from Wuhan, China.

The International Monetary Fund (IMF) has announced that the viral epidemic could shave between 0.1 and 0.2 percentage points off the global growth rate but noted that the slowdown could be followed by a sharp and rapid rebound.As an open economy, Malaysia is not isolated from any external developments, as the virus outbreak is expected to affect the country’s economic growth during the first quarter of this year. - Bernama

Posted by tkl88 > 2020-02-26 17:26 | Report Abuse

Dr M will announce the stimulus packages tommorow !
https://www.chinapress.com.my/20200226/%e4%b8%80%e8%a8%80%e4%b9%9d%e9%bc%8e%ef%bc%81%e6%95%a6%e9%a9%ac%e6%98%8e%e5%ae%a3%e5%b8%83%e6%95%91%e5%b8%82%e9%85%8d%e5%a5%97/

Posted by tkl88 > 2020-02-27 17:31 | Report Abuse

Yes, stimulus package total of 20 billion ringgits was announce by Dr M !
https://www.chinapress.com.my/?p=1921808

Like that, tommorow Tanco direct will spike up to break above 0.10 already !
Huat ah ! Heng ah ! Ong ah !

Posted by tkl88 > 2020-02-27 17:37 | Report Abuse

Govt unveils RM20bil stimulus package over Covid-19 impact
Thursday, 27 Feb 2020 5:22 PM MYT
https://www.thestar.com.my/news/nation/2020/02/27/govt-unveils-rm20bil-stimulus-package-over-covid-19-impact

PUTRAJAYA: Interim Prime Minister Tun Dr Mahathir Mohamad has unveiled a stimulus package worth RM20bil to help cushion the effects of the Covid-19 outbreak.

The stimulus package has three strategies – to manage the impact of Covid-19, spur a people-centric growth and encourage quality investment.

"Although the effects of Covid-19 is currently under control, the disease has caused a huge impact on the global economy, including Malaysia's.

"Therefore, the government is introducing the economic stimulus package 2020 to ensure the risks related to the outbreak can be tackled effectively," he said on Thursday (Feb 27).

To thank civil servants who are front liners in tackling Covid-19, the government will pay an allowance of RM400 a month to doctors and medical staff.

Dr Mahathir said an allowance payment of RM200 a month will be given to Immigration staff and other civil servants involved.

"This special allowance will take effect from February 2020, until the outbreak is over," he said.

Posted by tkl88 > 2020-03-01 18:41 | Report Abuse

Yes, new PM has been elected.
Tommorrow KLSE will spike up at least 50 pts to 100 pts!
Like that tommorrow Tanco at least will spike up to closed at 0.10 (+0.055) (+122%) already !

Huat ah ! Heng ah ! Ong ah !

Posted by tkl88 > 2020-03-03 07:46 | Report Abuse

Walaoeh, Dow Jones spike up more than 1,000 pts !
DJI=> 26,703.32 +1,293.96 (5.09%) !

Posted by tkl88 > 2020-03-03 19:16 | Report Abuse

Walaoeh, what a superb good news !
Bank Negara lowers OPR by 25bps to 2.5% Tuesday, 03 Mar 2020 3:00 PM MYT
https://www.thestar.com.my/business/business-news/2020/03/03/bank-negara-lowers-opr-by-25bps-to-25

KUALA LUMPUR: The Monetary Policy Committee (MPC) of Bank Negara Malaysia decided to reduce the Overnight Policy Rate (OPR) by 25 basis points to 2.50%.

It said the ceiling and floor rates of the corridor of the OPR are correspondingly reduced to 2.75% and 2.25%, respectively.

“The reduction in the OPR is intended to provide a more accommodative monetary environment to support the projected improvement in economic growth amid price stability. The MPC will continue to monitor and assess the balance of risks surrounding the outlook for domestic growth and inflation,” Bank Negara said in a statement Tuesday.

The reduction in the OPR came largely in line with economists’ expectations. This is the second cut so far this year. In January, Bank Negara reduced the OPR by 25 basis points to 2.75% -- the lowest since 2011.

The central bank noted that global economic conditions have weakened in the recent period. The ongoing Covid-19 outbreak has disrupted production and travel activity, especially within the region.

This has also led to greater risk aversion, resulting in tighter financial conditions and a resurgence in financial market volatility. Downside risks to the global growth outlook have increased, particularly in the near term. However, a number of countries have implemented policy responses. With further anticipated policy measures, these actions are expected to mitigate the economic impact of Covid-19.

“The Malaysian economy grew at a moderate pace of 4.3% in 2019. Looking ahead, growth, particularly in the first quarter, will be affected by the Covid-19 outbreak primarily in the tourism-related and manufacturing sectors. The weakness in the agriculture sector is also likely to persist in the first quarter.

“For 2020, private and public sector activities will be supportive of growth. Household spending is expected to grow at a slower pace amid moderate employment and income growth. Investment activity is projected to record a modest recovery, underpinned by ongoing and new projects, both in the public and private sectors,” it said.

The 2020 economic stimulus package will also provide some support to economic activity. Although domestic growth is expected to gradually improve in the second half of the year, there are key downside risks, mainly stemming from the evolving nature and prolonged impact of the Covid-19 outbreak, and continued weakness in commodity-related sectors.

Bank Negara said in 2020, headline inflation is expected to average higher but remain modest. The trajectory of headline inflation will be dependent on global oil and commodity price developments and the timing of the lifting of the domestic retail fuel price ceilings.

Underlying inflation is expected to be more moderate, amid limited demand pressures despite the continued expansion in economic activity.

Posted by tkl88 > 2020-03-05 06:50 | Report Abuse

Walaoeh, hosei liao lah today !
Dow Jones spike up more than 1,000 pts again !
DJI => 27,090.86 (+1,173.45) (+4.53%) !

Huat ah ! Heng ah ! Ong ah !

Posted by tkl88 > 2020-03-20 04:13 | Report Abuse

Walaoeh, Hoseiliao lah this time !‬
As at 4.01am
DJI=> 20,210.03 +311.11 (+1.56%)

Posted by tkl88 > 2020-03-20 04:14 | Report Abuse

And as at 4.12am,
Oil price spike up crazily !
Nymex=> 26.18 ‪(+5.35) (+25.68)‬
Brent=> 28.31 ‪(+3.43) (+13.79)

Posted by tkl88 > 2020-03-20 16:54 | Report Abuse

walaoeh, US stock market damn hot man !
As at 4.20pm,
DJI future at => 20,685.5 ‪ (+810.5) (+4.08%) !‬

Posted by tkl88 > 2020-03-20 16:55 | Report Abuse

Amazing, oil price was so bullish right now !
As at 4.28pm,
Nymex=> 27.99 ‪(+2.08) (+8.03%)‬ !
Brent => 30.67 ‪(+2.20) (+7.73%)‬ !

Posted by tkl88 > 2020-03-20 16:55 | Report Abuse

Quarantine is going to over and China almost zero new case reported...
After oil price plunged to record lowest below USD $20 plus and KLSE hitting the record lowest of 1,200 plus points, now it’s the beginning of the bull run market in Asian stock markets especially KLSE !

Huat ah ! Heng ah ! Ong ah !

Posted by tkl88 > 2020-03-23 14:11 | Report Abuse

Dow Jones stabilised at 18,000 plus points & oil price stabilised around USD $20 plus ....

Great, now it’s the right time to accumulate property stocks and other record lowest undervalue potential good stocks !

Once Covid-19 announcement that been solved and DJI & crude oil price started to spike up, who sailang now will be making a big profits !

Posted by aris743 > 2020-04-13 11:11 | Report Abuse

time to go

Posted by tkl88 > 2020-04-13 15:38 | Report Abuse

aris743, Any good news ?
Why price suddenly spike up ?

Posted by Arthur546 > 2020-07-01 13:45 | Report Abuse

anyone in?

Posted by thor88 > 2020-07-28 05:35 | Report Abuse

Why no up since jun

Posted by Karlos > 2020-08-06 10:20 | Report Abuse

To day strong up what!!!

Posted by thor88 > 2020-08-07 19:31 | Report Abuse

Drop back 4.5 soon