bilbie sifu, you so rich, loss 8 sens oso maa... for me, 1 sen oso veli big already. Lucky wolun bufei dunno me, if not he will sure scold. "why not you remember my rule 1-3?"
KUALA LUMPUR (Jan 13): Prime Minister Datuk Seri Najib Razak is set to announce the revisions to Budget 2016 on January 28, Treasury secretary-general Tan Sri Mohd Irwan Siregar Abdullah said today.
He said the planned tweaks would not see cuts in the salaries of some two million civil servants.
"The prime minister will announce the revised budget on January 28 ... let’s wait for his announcement to see what the details are," he said at the launch of the World Bank's office in Kuala Lumpur today.
In his speech earlier, Irwan said the revision was necessary due to the drop in oil revenue and the ringgit's lower value.
However, he said the revision would not affect the previously planned projects.
Last week, Najib announced Budget 2016 would be revised to take into account Malaysia's falling revenue from lower oil prices and uncertainties in the global economy.
The national budget tabled last October should be more "realistic" and in line with the current economic situation, he said.
Budget 2016 was tabled when oil was US$48 per barrel. The price has now fallen to below US$33 per barrel.
For sure, MRT2,LRT3,Pan Borneo Highway,DASH and other planned projects won't be affected.this projects are on going to make sure our country GDP 4-5% achieved in 2016.
most of the investors are worrying about the budget cut...nowadays even with good result, it wont guarantee price up in short term, look at VS and Pohuat, the price is so so only. however, I think it makes no difference for long term investor
I expect Gadang to drop more after the results out. This is to catch those who play kontra. These kontra kaki bet on the results but have no capital to hold.
Anticipate price of Gadang to resume upwards after 2 weeks of result announcement.
Market weak so investors panic But Gadang fundamentals has not changed Fair value 3.20 minimum by this year Bonus issue should not be a problem for Gadang Don't miss the boat ;)
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....
noobnnew
973 posts
Posted by noobnnew > 2016-01-13 17:26 | Report Abuse
No matter how low it go, I dont think it will go lower than my entry price.