Posted by qqq47660 > 2023-05-31 15:09 | Report Abuse

what happens when banks makes all the money
and the best young brains all go into stock market?

we have been doing that for 30 years and this is the result.

Posted by i3lurker > 2023-05-31 16:06 | Report Abuse

Goodness!
Leno pumping and sslee dumping to buy PChem?

Posted by UlarSawa > 2023-05-31 16:11 |

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Posted by UlarSawa > 2023-05-31 16:14 |

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Posted by UlarSawa > 2023-05-31 16:19 | Report Abuse

China’s economic recovery loses steam as factory production contracts further
By Laura He, CNN
Updated 3:42 AM EDT, Wed May 31, 2023

Posted by UlarSawa > 2023-05-31 16:21 | Report Abuse

China’s official manufacturing Purchasing Managers’ Index (PMI) dropped to 48.8 this month, down from 49.2 in April, according to data released by the National Bureau of Statistics on Wednesday. It was the second contraction in as many months. A reading above 50 indicates expansion, while anything below that level shows contraction.

Posted by UlarSawa > 2023-05-31 16:23 | Report Abuse

Bearish sentiment
Zhang said external demand for Chinese goods was not supportive of economic recovery, as the United States faces the risk of recession. Recent data showed that China’s exports grew 8.5% in April, down sharply from 14.8% in March, indicating global demand was slowing.

“The sentiment in the financial market is quite bearish,” he said.

Hong Kong stocks fell in response to China’s manufacturing and services data. The Hang Seng Index fell 2.4% to a six-month low in the afternoon session. It’s currently down more than 20% from its January 27 peak.

Posted by Income > 2023-05-31 16:31 | Report Abuse

Toyota has researched and researched and researched… Toyota is not stew pig with its support on Fuelcell EV.
Even Ular won money buying FCell stock in Us.

Posted by Mikecyc > 2023-05-31 17:04 |

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Posted by UlarSawa > 2023-05-31 17:16 |

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Posted by Mikecyc > 2023-05-31 17:17 |

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Posted by Sslee > 2023-05-31 17:22 | Report Abuse

I average down my Petronm to 4.6040 today Petronm closed at 4.63 sudah ada free bintang beer.

Wonder did someone average down his HRC to RM3+ and now more book loss?

Posted by UlarSawa > 2023-05-31 17:25 |

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Posted by qqq47660 > 2023-05-31 17:52 | Report Abuse

tough..........from end Jan to now, HK shares also tough to play.

Bursa and HK hits the high in late Jan and both also down since.

Posted by qqq47660 > 2023-05-31 17:53 | Report Abuse

HK shares hit by negative western media who are largely very unfair and very unbalanced. Bursa hit by what?

Posted by Mikecyc > 2023-05-31 18:03 |

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Posted by Mikecyc > 2023-05-31 18:12 |

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Posted by Income > 2023-05-31 18:14 | Report Abuse

Yeah you see Tesla also running on gasoline. See for yourself…

https://youtube.com/shorts/_si36bGHnbc?feature=share

Posted by Mikecyc > 2023-05-31 18:21 |

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Posted by Mikecyc > 2023-05-31 18:27 |

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Posted by Mikecyc > 2023-05-31 19:04 |

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Posted by Sslee > 2023-05-31 19:10 | Report Abuse

Pepost from CapitalA forum:

Posted by Sslee > May 31, 2023 7:07 PM | Report Abuse X

CapitalA
As at 31/3/2023: As at 31/12/2022
RM'000: RM'000
Net current liabilities: (8,524,896): (8,509,066)
Equity
Owner of the Company: (5,553,254): (5,725,093)
Non-controlling interests: (3,822,946): (3,791,865)

From AAX:
Importantly, AirAsia X’s shareholders’ equity has demonstrated a positive turnaround to RM40.8 million, from a negative shareholders’ equity of RM285.2 million in the preceding quarter, which now paves the way for AirAsia X to address its Practice Note 17 classification, subject to regulatory approval.

So capitalA equity is still negative RM 5,553,254,000.
Perhap Stony should step down and let AAX CEO to run magic in turning the equity from negative to positive in next quarter.

With Net current liabilities of RM(8,524,896,000) can CapitalA stay afloat for the next 12 months?

Posted by Sslee > 2023-05-31 19:36 |

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Posted by Mikecyc > 2023-05-31 19:54 |

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Posted by UlarSawa > 2023-05-31 20:03 |

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Posted by UlarSawa > 2023-05-31 21:02 | Report Abuse

Pursuant to paragraph 4.1(c) of PN17 of the Main LR, the Board of Directors of the Company wishes to announce that the Company and the appointed advisers are in the midst of formulating a regularisation plan to address its financial condition.


As announced on 21 December 2022, Bursa Securities had granted the Company an extension of time of six (6) months until 7 July 2023 for the Company to submit its regularisation plan to the relevant regulatory authorities. Therefore, the Company has approximately two (2) months to submit its regularisation plan to the relevant regulatory authorities for approval to implement the same.


The Company will make the necessary announcement(s) regarding the development of the proposed regularisation plan accordingly.


This announcement is dated 2 May 2023.

Posted by UlarSawa > 2023-05-31 22:09 |

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Posted by Mikecyc > 2023-05-31 23:09 |

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Posted by UlarSawa > 2023-05-31 23:30 |

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Posted by Mikecyc > 2023-05-31 23:53 |

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Posted by Mikecyc > 2023-05-31 23:55 | Report Abuse

Haiyoh Korek Korek itu pun harga berapa ? Haiyoh correct ???

Posted by Mikecyc > 2023-06-01 00:00 |

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Posted by ocbc > 2023-06-01 01:24 | Report Abuse

thong bought insas....something real stuffs going to happen for sure. cheers !!

Posted by Mikecyc > 2023-06-01 05:23 |

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Posted by Mikecyc > 2023-06-01 05:25 |

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