Posted by Stockisnotfun > 2021-04-06 10:24 | Report Abuse

Hmm maxis continue to trend lower

Posted by KimSua > 2021-04-06 16:41 | Report Abuse

Reaching resistance level 4.49. Double bottom at this level. Very tricky situation. Will see a next few days. To cut lost if it goes below 4.45. Lets hope for the best the double bottom is the reversal.

Posted by James > 2021-04-06 17:32 | Report Abuse

This counter downtrend...

Posted by Keyman188 > 2021-04-06 20:45 | Report Abuse

IMF increases global growth forecast and says a way out of the crisis is ‘increasingly visible’

(PUBLISHED TUE, APR 6 20218:31 AM EDTUPDATED TUE, APR 6 20218:38 AM EDT)

~ The latest round of fiscal stimulus in the U.S. along with the vaccine rollouts across the world have made the Fund more confident about the global economy this year.

~ The latest forecasts suggest the United States is well placed to experience a solid economic recovery in 2021, in contrast to what’s expected for most of the world, where many economies are likely to take longer to return to their pre-crisis levels.


LONDON — The International Monetary Fund is now expecting a stronger economic recovery in 2021 as Covid-19 vaccine rollouts get underway, but it warns of “daunting challenges” given the different rates of administering shots across the globe.

On Tuesday the group said it expects the world economy to grow by 6% in 2021, up from its 5.5% forecast in January.

Looking further ahead, global GDP (gross domestic product) for 2022 is seen increasing by 4.4%, higher than an earlier estimate of 4.2%.

“Even with high uncertainty about the path of the pandemic, a way out of this health and economic crisis is increasingly visible,” Gita Gopinath, the IMF’s chief economist, said in the latest World Economic Outlook report.

The latest round of fiscal stimulus in the U.S., along with the vaccine rollouts across the world, have made the fund more confident about the global economy this year.

“Nonetheless, the outlook presents daunting challenges related to divergences in the speed of recovery both across and within countries and the potential for persistent economic damage from the crisis,” Gopinath also said.

The IMF estimated a 5.1% GDP rate for advanced economies this year, with the United States growing at a pace of 6.4% in 2021.

Meanwhile, the forecast for emerging and developing economies is 6.7% in 2021, with India expected to grow as much as 12.5%.

“Within-country income inequality will likely increase because young workers and those with relatively lower skills remain more heavily affected in not only advanced but also emerging markets and developing economies,” Gita warned, while also adding that lower levels of female employment is exacerbating disparities too.

As a result, the IMF said that governments should continue to focus on “escaping the crisis” by providing fiscal support, including to their healthcare systems. In a second phase, “policymakers will need to limit long-term economic scarring” from the crisis and boost public investment, for instance.

“Without additional efforts to give all people a fair shot, cross-country gaps in living standards could widen significantly, and decades-long trends of global poverty reduction could reverse,” Gopinath warned.

Recovery in the U.S.

The latest forecasts suggest the United States is well placed to experience a solid economic recovery in 2021, in contrast to what’s expected for most of the world, where many economies are likely to take longer to return to their pre-crisis levels.

The positive assessment for the U.S. is highly driven by President Joe Biden’s $1.9 trillion coronavirus rescue package, which entered into force last month.

As such, unemployment in the United States is expected to fall from 8.1% in 2020 to 5.8% this year and then again to 4.1% in 2022, according to the latest IMF projections.

Back in February, Treasury Secretary Janet Yellen said the U.S. could return to full employment in 2022. “There’s absolutely no reason why we should suffer through a long slow recovery,” she told CNN at the time.

The IMF’s latest forecasts confirm that the U.S. is on track to not only return but surpass its pre-Covid levels this year.

“Among advanced economies, the United States is expected to surpass its pre-Covid GDP level this year, while many others in the group will return to their pre-COVID levels only in 2022,” Gita said.


## https://www.cnbc.com/2021/04/06/imf-world-economic-outlook-april-2021-global-gdp-to-hit-6percent.html

Posted by Keyman188 > 2021-04-06 20:45 | Report Abuse

Global economy driven by US & China upcoming...

Posted by RainT > 2021-04-07 11:33 | Report Abuse

after had enough of down trend

soon will bottom

and will uptrend only

Posted by Keyman188 > 2021-04-07 22:22 | Report Abuse

JPMorgan’s Dimon Says ‘This Boom Could Easily Run Into 2023’

(April 7, 2021, 6:10 PM GMT+8Updated on April 7, 2021, 9:39 PM GMT+8)


Jamie Dimon said he’s optimistic the pandemic will end with a U.S. economic rebound that could last at least two years.

“I have little doubt that with excess savings, new stimulus savings, huge deficit spending, more QE, a new potential infrastructure bill, a successful vaccine and euphoria around the end of the pandemic, the U.S. economy will likely boom,” the JPMorgan Chase & Co. chief executive officer said Wednesday in his annual letter to shareholders. “This boom could easily run into 2023.”

Unprecedented federal rescue programs have blunted unemployment and averted further economic deterioration, according to Dimon, who said banks entered the crisis strong and able to help communities weather the storm. While lenders also benefited from U.S. stimulus, they built up buffers against future loan losses and performed well in stress tests, he said.

Dimon also pointed to U.S. consumers, who used stimulus checks to reduce debt to the lowest level in 40 years and stashed them in savings, giving them -- like corporations -- an “extraordinary” amount of spending power once lockdowns end. The latest round of quantitative easing measures will have created more than $3 trillion in deposits at U.S. banks, a portion of which can be lent out, he said.

It could all add up to a Goldilocks moment, according to Dimon, where growth is fast and sustained while inflation ticks up gently. Threats to that outcome include virus variants and a rapid or sustained jump in inflation that prompts rates to rise sooner.

At 65, Dimon is the most prominent executive in global banking, serving as a spokesman for the industry while leading a titan of both Wall Street and consumer lending. He’s run the company since the end of 2005, and is the only CEO still at the helm after steering a major bank through the financial crisis.

The 65-page letter (plus a page of footnotes) is Dimon’s longest yet, following last year’s abbreviated one that came less than a week after he returned to work from emergency heart surgery. As always, it is wide-ranging, touching on topics from financial regulation to China to inequality and institutional racism.


## https://www.bloomberg.com/news/articles/2021-04-07/dimon-says-fintech-and-big-tech-are-here-as-banks-lose-ground?srnd=premium-asia

Posted by Keyman188 > 2021-04-07 22:23 | Report Abuse

Global market is booming soon...

Posted by KimSua > 2021-04-08 10:34 | Report Abuse

Foreign buyers are back...Good choice of fundamentals and technical charting will the fund managers picking. Good luck . The merger based on 2018/19 case might be neutral for Maxis. Digi/Axiata will have a good run too.

Posted by jeannie > 2021-04-08 10:46 | Report Abuse

waiting for them to move....

Posted by Keyman188 > 2021-04-08 10:47 | Report Abuse

Celcom Axiata to merge with Digi.Com, say sources

(theedgemarkets.com / April 08, 2021 10:32 am +08)

KUALA LUMPUR (April 8): Celcom Axiata Bhd, a unit of Axiata Group Bhd, is merging with Digi.Com Bhd to create the biggest mobile service provider in Malaysia, according to sources familiar with the telcos.

This time round it is the merger of the operations in Malaysia, unlike the previous mega-merger plan that Axiata and Digi.Com’s parent Telenor had previously tried to merge the operations in Asia region.

“The merger will bring in financial benefits although each party will not hold a controlling stake in the merged entity… the merger should be evaluated in the financial benefits,” said a source.

As the high growth era is over in the mobile service industry that requires large capital expenditure, merger to achieve economy of scale is seen to be a logical move going forward, said analysts.

Furthermore, analysts noted mega merger of the regional operations is far more complicated as regulatory approvals are required.

Trading in the shares of Axiata Group and Digi.Com have been suspended this morning pending an announcement.

In separate filings to the stock exchange this morning, the companies said that accordingly, all structured warrants relating to Digi.Com will also be suspended at the same time.

Axiata will hold a media briefing this afternoon.

The trading suspension of the two telcos has sparked fresh speculation in the market given that Axiata and Digi.Com's parent Telenor were in merger talks before but negotiation fell through.

To recap, Axiata and Digi’s Norwegian parent Telenor ASA mutually agreed to terminate their mega-merger to consolidate both telecommunication giants’ operations in Asia after about four months of negotiation in 2019.

In May 2019, Axiata announced that it was in talks with Telenor to merge their operations in Asia, resulting in Telenor being the majority shareholder of the global Merged entity, and anticipated to own 56.5% and Axiata holding 43.5%.

The proposed merger would result in the emergence of Asean’s largest telecommunication company, with a pro forma revenue of RM50 billion and a net profit of RM4 billion.


## https://www.theedgemarkets.com/article/celcom-axiata-merge-digicom-say-sources

Posted by James > 2021-04-08 10:49 | Report Abuse

Maxis seems got some good news also. Buy in

Posted by Stockisnotfun > 2021-04-08 11:02 | Report Abuse

Got good news? I didn't heard of that

Posted by Stockisnotfun > 2021-04-08 11:22 | Report Abuse

However, one thing surprised me is that EPF keep acquired maxis from last year.

Posted by BuffetOnWeed > 2021-04-08 14:41 | Report Abuse

Game over for maxis?

Posted by pharker > 2021-04-08 14:45 | Report Abuse

Looks like it

Posted by James > 2021-04-08 14:55 | Report Abuse

Ma is not game over. The merger seems not a good move. Retrenchment for them? Good company will not merger but acquisition

Posted by James > 2021-04-08 15:06 | Report Abuse

*maxis. Do look at bossku Fb, the ‘merger of digi/Axiata = retrenchment “

Posted by nicholas99 > 2021-04-08 15:22 | Report Abuse

it seems.. digi and axiata will be bigger than maxis.

Posted by Stockisnotfun > 2021-04-08 15:44 | Report Abuse

Ya digi and axiata merge will be the largest in telco industry.

Posted by Stockisnotfun > 2021-04-08 15:51 | Report Abuse

Now digi is celcom and celcom is digi. No difference. Anyway now the telco industry only left Maxis and celcom the two biggest one.

Posted by pharker > 2021-04-08 19:24 | Report Abuse

maxis. Do look at bossku Fb, the ‘merger of digi/Axiata = retrenchment “
08/04/2021 3:06 PM

Retrenchment--getting rid of excess fat..leaner and meaner merged entity

Digi strength - retail, innovative product bundling and marketing
Celcom strength - better overage

Maxis now have a formidable competitor. price still strong..maybe also got merger in the pipeline..with u mobile?

Posted by Consultant > 2021-04-08 19:27 | Report Abuse

digi + celcom vs maxis... tough lorrrrr maxis situation.. dont go in until merger news out.. very risky now

Posted by James > 2021-04-08 20:05 | Report Abuse

Lol. Do you think consumers will change when digi and Axiata merger? This is not cartoon or transformer movie bro. To me, maxis is well managed and not required any “help” or merger...

Posted by pharker > 2021-04-08 20:46 | Report Abuse

Lol. Would you open an account with Maybank or Affin Bank. even if Maybank branch near your house the service is not that good?

Posted by Stockisnotfun > 2021-04-08 22:05 | Report Abuse

I think those who used to subscribe both celcom and digi will change to maxis. Reason is that people hold two same telco under same company. Some people subscribe different telco in case the line down for one still got another one working.

Posted by James > 2021-04-08 22:46 | Report Abuse

https://www.theedgemarkets.com/article/maxis-and-digi-should-command-higher-valuations-single-common-5g-infrastructure

See this. Don’t keep merger merger or transformer news. Big player sapu a lot maxis today. Seems like this is just the beginning. Maxis May back to rm5.xx range or even higher since many EPS is forecasted about 17-20 cents.

Posted by Stockisnotfun > 2021-04-08 23:13 | Report Abuse

Only candidate that can match maxis merge status is TM only. The rest i can't think of any suitable candidate

Posted by Legend4ever > 2021-04-09 12:03 | Report Abuse

bought some.. telco theme now?

Posted by James > 2021-04-09 12:12 | Report Abuse

Maxis seems coming Ady. Impossible maxis lower valuation than Digi and Axiata? Maxis is the dragon head. If really lose out steam, then gone case

Posted by gohuat888 > 2021-04-09 12:14 | Report Abuse

gogogo maxis 5.0 5g ma hahaha

Posted by pharker > 2021-04-09 13:49 | Report Abuse

Surprisingly Maxis price did not tank...maybe some merger is also quietly brewing

U mobile?

During the 90s, there is the wave of banks merger. Will this also happen to the telco industry? If it is, then more interesting development is coming on this merger wave..telcos merger theme play

Posted by Stockisnotfun > 2021-04-09 13:57 | Report Abuse

Hmm maxis has been drop from the last high until this current 52 week lowest. I don't think Maxis will merge with someone else in the telco industry. Anyway, EPF has been acquired a lot recently from Maxis. Not sure why though eventhough on downtrend.

Let's see. Anyway I have bought since the last lowest and keep until now. Want to see until 5G came.

Posted by James > 2021-04-09 20:42 | Report Abuse

The Maxis is the Big Brother (ketua) or Dragon Head. It will be shameless if the share price not performing than his macai competitors...

Posted by speakup > 2021-04-10 11:48 | Report Abuse

mana lebih bagus?

Axiata PE 103x
Digi PE 28x
Maxis PE 27x

Posted by KimSua > 2021-04-10 13:30 | Report Abuse

3 white soldiers candle forming. High chance bullish trend to continue. Resistance at 5.

Posted by Stockisnotfun > 2021-04-11 12:02 | Report Abuse

No idea. Our bursa seems like not following PE ratio. But definitely Axiata is in danger zone of pe ratio. Both maxis and digi used to trade at 30x before covid

Posted by Keyman188 > 2021-04-11 12:10 | Report Abuse

Sudah lama dalam Bursa Malaysia main saham...


Sampai sekarang masih tak faham apa ialah "Bursa Malaysia "...


4 King of gloves -vs- 4 King of Telco...


K-shape moving momentum....

Posted by Keyman188 > 2021-04-11 12:27 | Report Abuse

More important issue who is Captain of sailor controlling the ship...

Posted by Consultant > 2021-04-13 11:03 | Report Abuse

4 "king" of telco? or 4 "lamb" of telco

Posted by Legend4ever > 2021-04-14 13:25 | Report Abuse

wait it 4.4 and below? seems like telco shares overbought

Posted by FakeVaccines > 2021-04-14 14:43 | Report Abuse

Run run run
World covid cases break new high soon !!!
Bluechip recover stock crash soon !!!
wait 3.8

Posted by gohuat888 > 2021-04-16 09:25 | Report Abuse

gogogo maxis 50 laaaaa 5g ma digital

Posted by Stockisnotfun > 2021-04-16 16:22 | Report Abuse

I am here waiting and eating maxis dividend only.

Posted by LossAversion > 2021-04-16 16:25 | Report Abuse

Maxis is for dividends...and if price goes up, that would be extra 'bonus'.

Posted by Hazmi90 > 2021-04-28 18:44 | Report Abuse

Getting weak ?

Posted by LossAversion > 2021-04-30 08:41 | Report Abuse

When weak, time to accumulate for future TP6

Posted by Consultant > 2021-05-05 10:23 | Report Abuse

RM4 soon :))

Posted by RainT > 2021-05-05 19:05 | Report Abuse

when want 4.00??

Posted by Consultant > 2021-05-07 09:58 | Report Abuse

Wait july/august.. no rush