Addition to my yesterday's comment. Hiring from government on contract basis start Feb 1st is temporary until New Salary Scheme implemented within this year. So, I don't think this will affect RCE at all.
My experience tells me always leave when there is such big drop and no news. Insider selling. Run before too late. Maybe gov comes up with new rules for gov servants regarding these type of loans. Run chicken run.
Be greedy when others are fearful is only applicable if a good stock is undervalue...at current price, it is still overvalue.... so do not catch falling knives is more applicable here
Source: Data shows that government servants debts ratio has beyond the capability to repay, and the high debt repayment ratio has impacted those servant's daily living cost (i.e. more than 60% of their monhtly salary has been deducted for loan repayment, so left 40% for living cost and this 40% is not sufficient as living cost is increase). Government is studying some new regulation to control the debts repayment.
Source: Data shows that government servants debts ratio has beyond the capability to repay, and the high debt repayment ratio has impacted those servant's daily living cost (i.e. more than 60% of their monhtly salary has been deducted for loan repayment, so left 40% for living cost and this 40% is not sufficient as living cost is increase). Government is studying some new regulation to control the debts repayment.
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ooihk899
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Posted by ooihk899 > 2024-01-22 20:41 | Report Abuse
WOW!🤑 New high again💪🚀. Base on price movement,
QR should be good or maybe some exciting news.