To MM, From 4.04 to below 4.00 is only few cents. Why border to sell , if it ever falls below 4.00 just hold for longer term. No need to scare the investors here. They are rational people here.
What is the date of the next Fed meeting 2023? November 1-2. December 13-14*
Will the Fed raise interest rates in November? The central bank is expected to hold rates steady at its November 1 meeting, according to economists surveyed by FactSet. That comes as credit cards are now charging the highest interest rates on record, and many home buyers have been priced out of the real estate market due to loan costs. 12 hours ago
Will interest rates increase again? However, some financial analysts expect the base interest rate to rise a little more. It is widely forecast to peak at either its current level of 5.25%, or a little higher at around 5.5% by the end of 2023.
How soon after this interest rates will fall will depend on how quickly inflation cools. 3 days ago
How long will interest rates stay high? The Fed now... ....expects to keep interest rates over 5% through 2024, meaning rates for mortgages, personal loans, and credit cards will stay near their current high levels. If the forecast comes true, savers would benefit from continued high returns on certificates of deposit and high-yield savings accounts. 20 Sept 2023
Will Fed raise rates again in 2023? Fed Chair Powell emphasized at his September 20 press conference that the Fed will “proceed carefully” while looking at “the totality of all the data” as the “risks become more two-sided”. A further 2023 rate increase hangs in the balance. 20 Sept 2023
Will Fed lower interest rates 2024? The majority (or 94 percent) of economists say the Fed could begin cutting interest rates in 2024, while a smaller share (or 6 percent) expect the Fed to cut rates in 2025 or later, according to Bankrate's Economic Indicator poll for the third quarter. No expert projects that the Fed will cut rates this year.
Genting Plantations landbank a growth driver PETALING JAYA: Genting Plantations Bhd’s valuable landbank offers good inflationary hedge over the long run, while its immense revalued net asset value (RNAV) will provide downside support, according to Maybank Investment Bank (MaybankIB) Research.
The brokerage noted that in Peninsular Malaysia, Genting Plantations owns 16,908ha of freehold land that is worth more than the company’s market capitalisation.
“Genting Plantations continues to carry these valuable assets at their book values,” MaybankIB Research said, noting 61% of the land was located in Johor, 18% in Melaka and Negri Sembilan, 18% in Kedah and Perak, and 3% in Selangor.
“As the land is amassed progressively since 1981, and strategically located on highly populated areas of the west coast of Peninsular Malaysia, we estimate the freehold land to be worth RM7.25bil, or 1.5 times Genting Plantations’ current market cap,” it added.
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....
Michael_chan2022
3,349 posts
Posted by Michael_chan2022 > 2023-10-27 11:30 | Report Abuse
Let's find some motivational words: Ahhh... investment for the long term mah。。 the world only changes in years, not weeks