WC is too desperate money lately , he not longer most richest TOP TEN , current he also drop off from 100 richest in ore , category 175 in over all , new candidate , i even richest then him , category 101 in ORE RICHEST , khat 1234
I bulk in all my wealthy , 101 richest in ore , show hand all wealthy , want to become last time WC holding , TOP TEN richest in ore , NEW AND YOUNG CANDIDATE , time replace OLD WARRIOR , WC .
By Jonathan Martin and Alexander Burns * Nov. 7, 2020 Updated 12:48 p.m. ET
Joseph R. Biden Jr. achieved victory offering a message of healing and unity. He will return to Washington facing a daunting set of crises.
Joseph Robinette Biden Jr. was elected the 46th president of the United States on Saturday, promising to restore political normalcy and a spirit of national unity to confront raging health and economic crises, and making Donald J. Trump a one-term president after four years of tumult in the White House. Mr. Biden’s victory amounted to a repudiation of Mr. Trump by millions of voters exhausted with his divisive conduct and chaotic administration, and was delivered by an unlikely alliance of women, people of color, old and young voters and a sliver of disaffected Republicans. Mr. Trump is only the third elected president since World War II to lose re-election, and the first in more than a quarter-century. The result also provided a history-making moment for Mr. Biden’s running mate, Senator Kamala Harris of California, who will become the first woman to serve as vice president. With his triumph, Mr. Biden, who turns 78 later this month, fulfilled his decades-long ambition in his third bid for the White House, becoming the oldest person elected president. A pillar of Washington who was first elected amid the Watergate scandal, and who prefers political consensus over combat, Mr. Biden will lead a nation and a Democratic Party that have become far more ideological since his arrival in the capital in 1973.
President Biden is favours to world trade ! World economy will start booming from today onwards ! And asian stock markets including KLSE will be in bull market from today onwards ! As at 2.10pm, Hang Seng : 26,095.46 (+382.49) (+1.49 %) Shanghai composite: 3,380.38 (+68.23) (+2.06 %) Nikkei : 24,912.31 (+587.08) (+1.41 %) Taiwan Weighted : 13,127.47 (+153.94) (+1.19 %) Korea Kopsi : 2,449.96 (+33.46) (+1.38 %) Singapore STI : 2,611.34 (+32.66) (+1.27 %)
When thinking about the companies affected positively by the budget, we naturally look for companies whose valuations are also currently very attractive.
And I think Lion Industries Corp Berhad fits the bill, especially since they are among the top 3 largest steel rebar players in Malaysia.
Budget 2021 - Construction
For Budget 2021, the government have allocated quite a large amount towards construction and infrastructure development. The main ones being,
RM 15 billion will be allocated to fund the Pan Borneo Highway, Gemas-Johor Bahru Electrified Double-Tracking Electrified Project and Klang Valley Double Tracking Project Phase One. In addition, several key projects will also be continued such as Rapid Transit System Link from Johor Bahru to Woodlands, Singapore and MRT3 in Klang Valley.
RM3.8 billion to fund new projects such as,
Construction of the Second Phase of the Klang Third Bridge in Selangor Continuing the Central Spine Project with the new alignment from Kelantan to Pahang; Upgrading the bridge across Sungai Marang, Terengganu; Upgrading of Federal Road connecting Gerik, Perak to Kulim, Kedah To continue building and upgrading Phase of the Pulau Indah, Klang Ringroad Phase 3, Selangor Construction of the Pan Borneo Highway Sabah from Serusop to Pituru; and Construction of the Cameron Highlands Bypass road, Pahang with emphasis on preserving the environment.
RM780 million to fund regional projects such as,
Rapid Transit Bus Transport System at 3 High Capacity Routes and construction of busway at IRDA in Johor; Construction of the Palekbang Bridge to Kota Bahru, Kelantan under ECER; Construction of infrastructure and related components of the Special Development Zone project in Yan and Baling, Kedah under NCER; Infrastructure Project in the Samalaju Industrial Area, Sarawak under SCORE; and Continuation of the Sapangar Bay Container Port Expansion Project, Sabah under SDC.
EPF will continue the development of Kwasa Damansara with an estimated Gross Development Value of RM50 billion. It will consist of commercial, residential and more than 25 thousand houses (including 10,000 affordable homes) to be built.
Sabah and Sarawak will receive Development Expenditure allocation of RM5.1 billion and RM4.5 billion respectively. These allocation among others are for building and upgrading water, electricity, and road infrastructure, health and education facilities.
Additional funding of Low-cost housing amounting to RM1.2 billion.
RM 500 million to build 14 thousand low cost housing units under the Program Perumahan Rakyat; RM 315 million for the construction of 3,000 units of Rumah Mesra Rakyat by Syarikat Perumahan Nasional Berhad; RM 125 million for the maintenance of low cost and medium-low stratified housing as well as assistance to repair dilapidated houses and those damaged by natural disasters; and RM 310 million for the Malaysia Civil Servants Housing Programme (PPAM)
And many more smaller development projects, including initiatives to promote and ease homeownership for the citizes
(Bloomberg) -- Oil in London jumped by the most since June as Pfizer Inc. reported a potential Covid-19 vaccine breakthrough.
Crude futures spiked following news the vaccine, being developed by Pfizer and BioNTech SE, prevented more than 90% of infections in a study of tens of thousands of volunteers.
Markets globally surged. WTI climbed more than 10% in New York, while global equities soared. It led to broader strength in the oil futures curve, with timespreads also moving sharply higher.
A vaccine “would be the most meaningful type of mitigator to the situation,” Saudi Energy Minister Prince Abdulaziz Bin Salman said prior to the Pfizer announcement at a conference on Monday. “We’re still hopeful that vaccine is found and that vaccine or vaccines spread and hopefully mobility would be regained.”
Since Covid first emerged, oil markets have been steadily recovering from the biggest crash in consumption in a generation. Transport use in Asia has rebounded strongly, but the renewed resurgence of the virus in Europe has continued to weigh on demand in the region. The emergence of a vaccine would not only help regions suffering form renewed lockdowns, but could also help spur the return of aviation demand -- the hardest hit corner of the market.
The relief in the market was seen in the profits from turning crude into transport fuels. Gasoline cracks in the U.S. reached their highest since mid-October, while those in Europe also gained. Jet fuel was also gaining relative to the value of other transport fuels in Europe, Bloomberg fair value data show.
Prices had earlier rallied as Joe Biden declared victory in the U.S. presidential election and began preparations to navigate America’s pandemic-hit economy out of crisis, with potential shifts coming on a range of policies from fiscal stimulus to Iranian sanctions. At the same time, Saudi Arabia said that OPEC+ could extend oil cuts through 2022 as the group seeks to re-balance the glutted market.
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....
khatulistiwa1234
46,261 posts
Posted by khatulistiwa1234 > 2020-11-06 16:13 |
Post removed.Why?