Posted by AngTayKor > 2024-08-04 13:42 | Report Abuse

Warren Buffett’s Berkshire Hathaway sold nearly half its stake in Apple

PUBLISHED SAT, AUG 3 20248:22 AM EDT

https://www.cnbc.com/2024/08/03/warren-buffetts-berkshire-hathaway-sold-nearly-half-its-stake-in-apple.html

Posted by mushimushi > 2024-08-04 13:54 | Report Abuse

No need speculate lah, only a few more days, Genting Singapore quarterly results will be out. I think given the current weak sentiment, just wait and buy only after the results is out. Maybe 5% up first then another 5% up after final Genting bhd results out.

Posted by newbie2019 > 2024-08-04 20:07 | Report Abuse

Yen rising with rising interest, some videos on Youtube analysed 3 times in the past that after Japan up their interest rate, crash is coming

Wondering how soon will this happens….

Wondering how low will it goes or may be funds coming to Msia?

More volatile days ahead!

Posted by newbie2019 > 2024-08-04 20:08 | Report Abuse

15 months max….I bet within 12 months from now

Posted by DividendGuy67 > 2024-08-04 20:34 | Report Abuse

Buffett is usually too early. https://www.businesstimes.com.sg/international/global/berkshire-halves-apple-stake-boosts-cash-us277-billion-it-gets-defensive

Posted by mf > 2024-08-04 20:36 | Report Abuse

Dow Jones

Dow Jones Industrial Average

39,737.26

-610.71

1.51%

Nasdaq

NASDAQ Composite

16,776.16

-417.98

2.43%

Posted by Michaelchan2024 > 2024-08-04 20:45 | Report Abuse

The development of G7 countries cutting interest rates and potential geopolitical tensions involving Israel, the US, and Iran could indeed have significant implications for Southeast Asia. If capital flows out of G7 and Middle Eastern countries, it could lead to increased investment in Asian markets, potentially boosting economic growth and development in the region.

Posted by Michaelchan2024 > 2024-08-04 20:47 | Report Abuse

However, it's essential to consider the complexities of global financial markets and geopolitical risks. While Southeast Asia might benefit from an influx of capital, there could also be increased volatility and uncertainty. Additionally, the long term impact will depend on how these geopolitical tensions evolve and how stable the economic and political environment in Southeast Asia remains to attract and sustain this capital.

Posted by Michaelchan2024 > 2024-08-04 20:50 | Report Abuse

https://www.nst.com.my/business/corporate/2024/08/1086526/johor-singapore-sez-may-turn-multi-growth-story-shenzhen-jp
Johor-Singapore SEZ may turn into multi-growth story like Shenzhen: JP Morgan

这对云顶新加坡和云顶种植园来说是非常利好的消息...GenB 将会是柔佛-新加坡特别经济区的主要受益者

Posted by Michaelchan2024 > 2024-08-04 20:56 | Report Abuse

https://www.malaymail.com/news/malaysia/2024/08/04/china-visitors-to-malaysia-already-up-194pc-in-may-tourism-minister-says/145989
China visitors to Malaysia already up 194pc in May, tourism minister says

Posted by mf > 2024-08-04 20:56 | Report Abuse

8m ago (12:45 GMT)
Italy’s top diplomat asks Italian tourists to leave Lebanon
Foreign Minister Antonio Tajani has asked Italian tourists not to go to Lebanon and for those already in the country to leave on commercial flights “as soon as possible”.

In a post on X, he said the advisory was issued due to “the worsening situation” in a region that is bracing itself for a response to Israeli assassinations in Tehran and Beirut.

Posted by DividendGuy67 > 2024-08-04 21:10 | Report Abuse

There’s an interesting article on Barton’s on What 100 Years of Rate Cuts Says Happens Next. Here’s an extract and summary

The Federal Reserve appears to be gearing up for a September rate cut. A century worth of rate-cut history shows it’s good news for the stocks—as long as the economy stays strong.

The Fed, which concluded its July meeting on Wednesday, opted not to cut its benchmark federal-funds rate this month, but added hints the rate could move at central bank’s next regular gathering on September 17-18.

:

The bottom line: if the Fed does cut rates and the economy remains strong, history suggests investors should look forward to additional stock market gains. But they may be more modest than what investors have enjoyed in the past.

Posted by Junichiro > 2024-08-05 09:10 | Report Abuse

The US rate cut will prompt the reversal of those "Yen carry trades". What will happen in Wall Street? The answer is obvious.

Posted by Michaelchan2024 > 2024-08-05 09:15 | Report Abuse

Yes, added GenB ..

Posted by lamkin > 2024-08-05 09:28 | Report Abuse

Expect for the worst as it seem very little support now

Posted by newbie2019 > 2024-08-05 09:33 | Report Abuse

4.15 and 4 lai kin

Posted by Daim88 > 2024-08-05 09:35 | Report Abuse

Tunggu dia turun cukup cukup dulu baru masuk

Posted by Michaelchan2024 > 2024-08-05 09:44 | Report Abuse

Which is a better buy, GenB or GenM?

Posted by Daim88 > 2024-08-05 09:50 | Report Abuse

GenB of course, Genting Singapore quarter coming in days. Expect gap up on news day. This is perfect opportunity to buy in, looks like KLSE -45 already bottom. Nikkei very so hai, syok sendiri, roller coaster macam air plane in turbulence.

Posted by Michaelchan2024 > 2024-08-05 09:53 | Report Abuse

Thanks Daim88.

Posted by Daim88 > 2024-08-05 09:55 | Report Abuse

DJI future drop 0.8%, Nikkei drop 10%, memang stock market oleh manusia tak ade telur lol

Posted by neohts > 2024-08-05 10:07 | Report Abuse

bought 4.37

Posted by Michaelchan2024 > 2024-08-05 10:24 | Report Abuse

1 SGD = 3.33 MYR
1 USD = 4.44 MYR

Posted by neohts > 2024-08-05 10:44 | Report Abuse

https://www.thestar.com.my/business/business-news/2024/08/05/foreign-investors-net-purchasers-of-rm2421mil-in-local-equities

Foreign investors net purchasers of RM242.1mil in local equities

Posted by Carrensoo > 2024-08-05 10:51 | Report Abuse

Global correction, may I know usually how long it will take for recovery?

Posted by neohts > 2024-08-05 11:11 | Report Abuse

Nobody know.
If you think it is time to buy just accumulate.
Singapore Genting Q2 2024 result out soon. Expected to be good.,
TauRX to be approve before year end. Very Big News.

Posted by mushimushi > 2024-08-05 11:16 | Report Abuse

Nikkei jumped the gun, false start

Posted by Michaelchan2024 > 2024-08-05 12:30 | Report Abuse

Typical Samurai harakiri culture... '日本武士道切腹自殺'. Just watch on..

Posted by Michaelchan2024 > 2024-08-05 12:31 | Report Abuse

No worries..Bursa doesn't have the harakiri culture.

Posted by ahbah > 2024-08-05 12:36 | Report Abuse

All stks throughout our world are for sale now ? The faster, the better lah ? No point holding a fast melting ice now ? 😥😥😥😥😥

Posted by Daim88 > 2024-08-05 12:57 | Report Abuse

more like Japanese, the weak man of Asia's hara-telur culture 日本东亚病夫切春袋自残文化

Posted by Michaelchan2024 > 2024-08-05 13:04 | Report Abuse

European stocks are expected to start the new trading week in flat to negative territory as global volatility continues.

The U.K.’s FTSE
index is seen opening 3 points higher at 8,165 while Germany’s DAX
is expected to open 59 points lower at 17,591, and France’s CAC 40
down 17 points at 7,219 according to data from IG.

Posted by Michaelchan2024 > 2024-08-05 13:33 | Report Abuse

https://www.cnbc.com/video/2024/08/05/going-back-to-japanese-stocks-now-is-like-catching-a-falling-knife.html
Going back to Japanese stocks right now is like catching a falling knife: CIO

Posted by keyman > 2024-08-05 13:35 | Report Abuse

Ah Pek is handful of cash... Bila Boleh Sapu? Or wait first for safety...

Posted by Michaelchan2024 > 2024-08-05 13:37 | Report Abuse

😀

Posted by Michaelchan2024 > 2024-08-05 14:00 | Report Abuse

1 SGD = 3.31 MYR
1 USD = 4.39 MYR

Posted by KooSan > 2024-08-05 14:01 | Report Abuse

Dividend good or not? Got 15 cents kah?

Posted by Michaelchan2024 > 2024-08-05 14:31 | Report Abuse

Great! Enjoy your Guinness and the party!

Posted by Junichiro > 2024-08-05 14:53 | Report Abuse

I capital head, Tan Teng Boo, in his video said US already in a recession. Wall Street is starting to make it's move down. Anyway, his personal view. Reversal of Yen carry trade probably already started

Posted by lamkin > 2024-08-05 14:57 | Report Abuse

Don't catch a falling knife. Buy queve in very low volume

Posted by prudentinvestor > 2024-08-05 15:06 | Report Abuse

Very frightening falls. Hasn't dropped this much for several years. No one knows where the bottom is. There has been over speculation in US tech stocks. Now comes the long overdue correction. Haha, I am not referring to Genting but other counters which have risen crazily.

Posted by KooSan > 2024-08-05 15:07 | Report Abuse

Shortists win liao

Posted by Michaelchan2024 > 2024-08-05 15:20 | Report Abuse

No big deal, no big deal... just making a note.

Posted by AngTayKor > 2024-08-05 15:23 | Report Abuse

旧战国:
4.20 - 4.00 - 5.00
4.65 - 4.45 - 4.95
4.95 - 4.55 - 4.87

新战国: 4.87 - 4.65 - 5.10
-------------


4.87 - 4.65 - 5.10 (Crystal ball not working)

Current status: 4.87 - 4.65 - 4.18

Posted by Michaelchan2024 > 2024-08-05 15:27 | Report Abuse

Thanks lamkin.
You are the best trader.

Posted by newbie2019 > 2024-08-05 15:31 | Report Abuse

wah

Posted by newbie2019 > 2024-08-05 15:33 | Report Abuse

4.15 mair…4 mari
3.5 mari
all mari?

Posted by newbie2019 > 2024-08-05 15:34 | Report Abuse

so scary when lari

Posted by Michaelchan2024 > 2024-08-05 15:34 | Report Abuse

I initiated a short position this morning. What's the next step?
Time to buy back..It's Guinness Stout time

Posted by Michaelchan2024 > 2024-08-05 15:34 | Report Abuse

Unbelievable!