 | Blog: Is it lawful for staunch boycotters to hurl insults, curses at cars queueing at McD’s drive-thru? Apr 17, 2024 5:51 PM | Report Abuse hahaha. why not? better for your health to avoid this junk! |
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| Blog: Chief statistician to present Padu data analysis to Cabinet by end of April Apr 14, 2024 1:03 PM | Report Abuse 52.6% C Pass!
Padu Berjaya! |
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| Blog: Ringgit opens lower at 4.7695 to the US dollar as hopes for June US rate-cut fades Apr 13, 2024 11:42 PM | Report Abuse @beinvested
If you use gold as a long-term measure, then in 1999, 1oz around 30,000JPY. Now (25 years later) it is 1oz to 360,000JPY.
Yes! The ringgit is over-supplied especially to contractors and civil servants. The government keeps investing in non-productive assets e.g. bailouts (90s) to white elephant projects like MRT and TRX that will not be able to recoup investment - unless ringgit is depreciated to RM20 to USD.
It is a vicious cycle- even Malaysian companies earning ringgits will not convert. Why? Guarantee MYR to decline further so convert only when necessary! |
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| Blog: Ringgit opens lower at 4.7695 to the US dollar as hopes for June US rate-cut fades Apr 13, 2024 7:59 PM | Report Abuse Of course the ringgit will open lower.
BNM is so scared they put a RM20,000 limit on TransferWise(Wise) accounts.
Maximum Holding Limit Users in Malaysia can only have a holding limit of up to RM 20,000 in Wise accounts and applies to all currencies held. If the remittance exceeds RM 20,000, the user needs to withdraw the amount that exceeds the limit to the bank account and Wise gives up to 7 days to withdraw the excess money. The user’s Wise account will be frozen if the withdrawal of the excess money is not done within the specified period and the account is reactivated after the user complies with the specified amount in accordance with the provisions of Malaysian law.
They are so s.tupid - thinking that this will stop the ringgit slide! |
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| News: Ringgit opens lower at 4.7695 to the US dollar as hopes for June US rate-cut fades Apr 13, 2024 7:48 PM | Report Abuse The bank know how much money is leaving Malaysia. Supply and demand. That's why the rate is RM3.5++ to the SGD.
If the MY government does not demonstrate any fiscal responsibility the market will punish it via high inflation and weak ringgit.
PS how many cash handouts so far by PMX, MADANI this, MADANI that? |
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| News: Ringgit opens lower at 4.7695 to the US dollar as hopes for June US rate-cut fades Apr 13, 2024 7:40 PM | Report Abuse "beyond pmx's control"???
RM90 Billion development budget in 2024 - External factor isit? Not in PMX control isit?
Are you sure you are an engineer? |
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| News: Ringgit opens lower at 4.7695 to the US dollar as hopes for June US rate-cut fades Apr 13, 2024 7:35 PM | Report Abuse Dun worry - waiting for RM5 and then RM6 and onwards.
Its coming... to a cinema near you! |
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| Blog: Analyst says ringgit could surpass 4.8 against the US dollar if China allows yuan to depreciate Apr 13, 2024 7:33 PM | Report Abuse Why be bothered with RRR issues and politics/politicians? Its all a convenient distraction.
Got to pay attention to yourself and investments. Don't waste time with unnecessary "NEWS" used to manipulate simple-minded ppl.
Position yourself for extremely painful high inflation. |
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| Blog: Analyst says ringgit could surpass 4.8 against the US dollar if China allows yuan to depreciate Apr 13, 2024 7:27 PM | Report Abuse There is too many billions of ringgit leaving the country through SG, just like our high skilled human resource! |
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| Blog: Analyst says ringgit could surpass 4.8 against the US dollar if China allows yuan to depreciate Apr 13, 2024 6:52 PM | Report Abuse Keep chatting about Socks and Shoes with certain things written to distract everyone from real issues.
unconstrained credit = > compress loans (multiple financing), 100K - 200K "Cashback", student loans, credit card debt, Budget 2024 RM90 billion development expense = very high inflation. |
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| Blog: Analyst says ringgit could surpass 4.8 against the US dollar if China allows yuan to depreciate Apr 13, 2024 6:39 PM | Report Abuse 1gram of Gold = RM360
Better to measure against GOLD than USD.
Fasten your seatbelts boys and girls! |
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| Blog: Conflicting Hannah, Syed Saddiq should reflect on LKY’s wisdom that “governance isn’t a game of cards” Apr 13, 2024 3:01 AM | Report Abuse D(Demonstrating) A(Aptitude) in P(Property) => DAP |
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| Blog: Conflicting Hannah, Syed Saddiq should reflect on LKY’s wisdom that “governance isn’t a game of cards” Apr 13, 2024 2:59 AM | Report Abuse DAP is the property developers party. Wake up already. |
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| Blog: Venezuela's Machado urges international pressure over elections Mar 30, 2024 1:18 PM | Report Abuse The amount of propaganda in the fake news media is outrageous. |
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| Blog: Luxury tax deferment: Why is the unity gov’t quick to tax the poor but slow ‘to milk’ the rich? Mar 30, 2024 12:57 AM | Report Abuse send everyone to SG, HK & JP for shopping ah.... |
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| Stock: [COMFORT]: COMFORT GLOVES BERHAD Mar 24, 2024 4:04 PM | Report Abuse @calvintaneng why are you yelling in all the forum room?
1) stock has found a bottom. now is the time to buy (if so inclined)
2) you can't sell what you don't own.
3) no one cares about dividends in bursa. |
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| Stock: [GMUTUAL]: GROMUTUAL BHD Mar 24, 2024 12:49 PM | Report Abuse be careful. don't get stuck/trapped in this counter like Insas .... |
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| News: Ringgit expected to end 2024 at 4.5915 vs US dollar but collective actions needed to safeguard currency - BNM Mar 21, 2024 6:28 PM | Report Abuse slumping! |
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| News: Ringgit expected to end 2024 at 4.5915 vs US dollar but collective actions needed to safeguard currency - BNM Mar 21, 2024 6:28 PM | Report Abuse a lot of ringgit propaganda. 335MYR per gram of gold at the moment! |
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| Blog: Israeli military says it killed 90 gunmen at Gaza hospital - Five stories you need to know | Reuters Mar 21, 2024 6:27 PM | Report Abuse Just the level of lying and mass murder of these israeli jews is unbelievable. |
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| Blog: Ramasamy: Too much generalisation, personal experience in Teo Kok Seong’s claim of Chinese being racists Mar 21, 2024 1:44 PM | Report Abuse go to sendai (5205) forum and read the comments there over the last week for more examples. |
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| Blog: Ramasamy: Too much generalisation, personal experience in Teo Kok Seong’s claim of Chinese being racists Mar 21, 2024 1:41 PM | Report Abuse but it is true. this is anecdotal case: project manager at pilot group (construction) openly announces to everyone on the site he is a racist. also lie to prospective employees about wages and retain passport of foreign workers - then slash wages. |
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| Blog: New Zealand spy agency review suggests audit of any foreign partner capabilities it hosts Mar 21, 2024 1:37 PM | Report Abuse go ahead and try. kiwis are a weak vassal - just do as uncle sam tells you. |
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| Blog: Ringgit opens higher, on track to achieve RM4.50 vs US dollar at year-end Mar 21, 2024 1:34 PM | Report Abuse no media publishing but current spot rate today 21/03/2024 is RM333 per gram of gold. |
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| Blog: Free float of RON95 and diesel could save government RM29bil in fuel subsidies Mar 21, 2024 1:21 PM | Report Abuse the media gets lazy and keeps reprinting the same captain obvious material from time to time.
if you dare - go ahead. more action - less talk please. |
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| Blog: BNM sees concerning trend of increasing foreign currency holdings among Malaysian companies Mar 21, 2024 12:19 AM | Report Abuse That is a natural and logical reaction to a collapsing ringgit. Good business sense. It also means your you reduce your ringgit cost base (salaries especially). Fantastic.
Clearly the govt knows this is also loves the depreciating MYR as it reduces ringgit denominated civil service emoluments and pensions. This is how Malaysia plans on solving the revenue gap without increasing the tax base. |
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| Blog: Allah inscription on socks: Is UMNO Youth fighting its own battle, one not sanctioned by its parent party? Mar 20, 2024 10:14 PM | Report Abuse a pair of socks? news article? boycott? sultan angered? 🤣🤣🤣🤣🤣 |
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| Stock: [HENGYUAN]: HENGYUAN REFINING COMPANY BERHAD Mar 15, 2024 8:03 AM | Report Abuse but china donkey mgmt manage to loose hundreds of millions of ringgit every quarter...so how?
look at Petron - can make profit and pay a dividend. is it so hard? |
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| Blog: Penang the surprise winner of US-China chip war - FT report Mar 14, 2024 9:58 PM | Report Abuse there also needs to be plentiful cheap electricity. no nuclear power station like Maanshan Nuclear Power Plant in Taiwan. |
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| Stock: [SENDAI]: EVERSENDAI CORPORATION BERHAD Mar 14, 2024 9:44 PM | Report Abuse happy trading - just dun get stuck in value trap counters like insas! ;) |
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| Stock: [SENDAI]: EVERSENDAI CORPORATION BERHAD Mar 14, 2024 9:43 PM | Report Abuse The Directors of the Company wish to announce that ECB’s subsidiaries in Kingdom of Saudi Arabia (“KSA”), United Arab Emirates (“UAE”) and India have secured new projects worth RM5.4 billion.
The Projects
In KSA, its subsidiary company, Eversendai Engineering Saudi LLC in collaboration with Albawani Company Limited secured the first structural steel signature building from NEOM for the Trojena Ski Village, NEOM’s year-round mountain destination. The scope of work consists of engineering, connection design, material supply, fabrication and installation of structural steel, precast and concreting, metal decking and fireproofing for the iconic mountain resort in Trojena’s Ski Village.
In UAE, its subsidiary company, Eversendai Mega Structure FZ LLC secured the structural steel scope for the Wynn Al Marjan Island Integrated Resort Development in Ras Al Khaimah which will feature a 1,500 rooms luxury hotel with world-class shopping, state-of-art meeting and convention facilities, bespoke restaurants and lounges, extensive entertainment choices and other amenities.
Its subsidiary company in India has secured two (2) structural steel projects which includes the Rupa IT Building and the Rupa Crystal IT Building.
With the above new projects, the Group’s current outstanding order book is RM6.6 billion, a record in ECB history.
*4 Projects*
One JV in Saudi Arabia ( Trojena’s Ski Village), one in UAE ( Wynn Al Marjan) and 2 IT buildings in India. |
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| Stock: [CTOS]: CTOS DIGITAL BERHAD Mar 14, 2024 8:49 PM | Report Abuse this company is making 75% NP margin. they aren't seriously vetting all that data.
more litigation on the cards unless CEO Hamburger can figure out a way to check the freshness of his financial ingredients! |
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| Stock: [SENDAI]: EVERSENDAI CORPORATION BERHAD Mar 14, 2024 7:10 PM | Report Abuse in bursa it pays to look for beaten down counters (even loss making), rather than stagnant value traps. |
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| Stock: [SENDAI]: EVERSENDAI CORPORATION BERHAD Mar 14, 2024 7:07 PM | Report Abuse you know what's funny? more people made money in sendai over the last week than insas traders made in last year. |
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| Blog: Penang the surprise winner of US-China chip war - FT report Mar 14, 2024 6:22 PM | Report Abuse "It is now trying to move up the front end..."
That is well and good, however semiconductor manufacturing requires a plentiful supply of fresh clean water - which Penang does not have. |
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| Blog: Is Insas Share a Value Trap? kcchongnz Feb 28, 2024 9:36 PM | Report Abuse cool story bro... |
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| Blog: Is Insas Share a Value Trap? kcchongnz Feb 28, 2024 9:29 PM | Report Abuse if you have the money, buy Broadcom (AVGO) shares/options. Or Inari directly. Don't waste time with Insas. |
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| Stock: [INSAS]: INSAS BHD Feb 28, 2024 8:32 PM | Report Abuse Posted by otborangtuabodohh > Feb 28, 2024 8:28 PM | Report Abuse
Even KC Chong also promoted. In the end what happened ?
_______________________________________
what happened? it slumped as usual trapping the watefish. |
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| Blog: Is Insas Share a Value Trap? kcchongnz Feb 28, 2024 8:30 PM | Report Abuse nicely trapped the waterfish... |
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| Blog: Forget rice, why is KFC so expensive now? By Erna Mahyuni Feb 28, 2024 7:03 PM | Report Abuse no one goin to kfc for years. it a dead place, like a&w. wake up lah... |
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| Stock: [MARCO]: MARCO HOLDINGS BHD Feb 14, 2024 4:23 AM | Report Abuse https://www.thecoverage.my/5540/macc-raids-home-of-daim-associate-tan-sri-robert-tan-hua-choon
Tan Sri's bank accounts all frozen. Under MACC investigation. I wonder if they will approve another dividend. Will Casio still allow Marco to distribute when this scandal tainted individual is major shareholder? |
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| Umno face complete wipeout because of Zahid Hamidi! Feb 9, 2024 1:53 AM | Report Abuse no general erection. so who cares... |
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| Blog: BERSIH wants “100% reform now”; not hesitating to mobilise people to take to the streets Feb 7, 2024 3:40 PM | Report Abuse sadly hamzah, hadi and mahiaddin aren't reformers.
this is issue with and equally corrupt opposition.
all this a nice distraction from the collapsing ringgit. |
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| News: Ringgit likely to trade range-bound with slight appreciation versus US dollar next week Feb 7, 2024 12:09 AM | Report Abuse ringgit is going to drop like a rock. quit BS-ing. |
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| Blog: Anwar: Najib’s service, contributions to country among basis for sentence “discount” Feb 6, 2024 12:15 PM | Report Abuse stealing billions is contribution is it?
you made your scandalous bed, now lie in it. |
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| Stock: [YNHPROP]: YNH PROPERTY BHD Jan 31, 2024 3:55 PM | Report Abuse no one here buying this counter. only 12 pages of discussion. who are you guys talking to? |
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| Blog: Tun Daim's wife hits back at sensational report, calls it character assassination Jan 19, 2024 1:33 PM | Report Abuse high time to go after daim and mahatir. |
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| Blog: SC, Bursa Malaysia come into the fray to reassure investors as selected stocks continue to hit limit down Jan 19, 2024 1:31 PM | Report Abuse its too late to reassure. the damage has been done. SC and Bursa have no reputation to speak of anyway. |
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| Blog: RPK: “Whether Najib will be pardoned in 2 days or 2 years will depend on whether Anwar chooses to save his own neck” Jan 18, 2024 5:41 PM | Report Abuse did you even read the nonsense you typed b4 posting? |
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| Blog: RPK: “Whether Najib will be pardoned in 2 days or 2 years will depend on whether Anwar chooses to save his own neck” Jan 18, 2024 1:34 PM | Report Abuse why on earth would ahjib get a pardon? more rubbish in focus. |
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