This company has some flaws

But it has a goose that lay golden eggs

I think the IPP every year can make easily RM200 mil

Huat ah

First TP 150

Still waiting to buy after completion ?

Or buy now ?

I think the worst is over

Jaks no looking back

Dumb dumb hold wait for RM2

Nobody ever get rich by making 2 Sen profit and quick quick sell

hostile take over ?

major shareholder only holds 10%

if I am Sime Darby or Boustead, I wouldn't mind sapu from the market

why sell at 82 ? it will go to RM2.00 leh

Jaks mengamuk

: P

don't waste time with this small heart firehawk

but he is anytime better than flinstone who only know how to criticise

penggoreng cannot wait. Either they collect now or they see it running away

80 today

Typical empty talk

No substance

What can I get out of this article ?

It is easy to criticise others but difficult to churn out useful ideas, right ?

buy now before miss the boat

buy now before miss the boat

https://www.fastcompany.com/90481936/dyson-is-building-15000-ventilators-to-fight-covid-19

Thank you 888next

China is now like America after WW2

Everybody in ruin it is the only one standing

What a surprising twist of event

you can do your part by stopping the price war

Can go very very Low if bad debts explode

Oh ya RM217 mil

I bought more

Average now 56

bought 114

bought 90

bought 75 last Friday

bought 67

bought 81

bought 51

bought 42

bought 90

bought 29.5

another idle talk

this i3lurker engaged in a lot of idle talks

They also recently sold their loss making Seremban engineering

your thinking too academic

reality is different

There are people in life that is only good at critizing and belittling others

i3lurker is one

As at least Philips, sslee and I contribute ideas

Maybe you show us your portfolio

Show us how your stocks don’t drop

You are talking nonsense

Which stock did not drop ?

Bought some at 60 Sen yesterday

Fed provides massive liquidity injection to calm markets amid signs of stress - Reuters News
MARCH 13, 2020, 05:24 AM



Adds details, context

By Jonnelle Marte and Howard Schneider

March 12 (Reuters) - The Federal Reserve moved to stem a market meltdown on Thursday with offers of $1.5 trillion in short-term loans that some analysts say could point to more aggressive action from the central bank in coming days to stimulate the economy and stabilize the financial system.

With signs of financial stress emerging across different markets, the New York Federal Reserve said it would make the money available in three tranches of $500 billion each and that it would start purchasing a broader range of U.S. Treasury securities than it has been of late, a shift that signals the Fed could deploy some of its crisis-era tools sooner than planned.

The Fed meets next week and many analysts now expect the central bank to chop its own target policy rate, quite possibly to zero, and give markets new guidance about how it plans to combat the economic fallout from the coronavirus.

The unscheduled move - the latest in a series of actions aimed at providing liquidity and reassurance as the outbreak grows and brings areas of the country to a veritable halt - came as U.S. stocks plunged nearly 10% in their biggest one-day losses since the 1987 market crash. The outbreak, which originally was thought to pose a limited threat to the U.S. economy, is now increasingly seen as the event that could bring a record-long economic expansion to an end, but with little clarity yet as to how severe the downturn might be.
The economy is already being hit with waves of event and travel cancellations. Broadway and Disneyland are going dark and the professional sports industry is for now on hold.

But it did show the Fed moving to head off a repeat of the events that locked down financial markets and froze credit a little over a decade ago at the start of what became a deep recession. Its offer of effectively unlimited cash to banks was an effort to plant a flag of sorts and remind that the core function of a central bank is as a lender of last resort - to ensure that whatever other ills the economy may face it won't be a lack of cash.

"This is a massive increase in temporary liquidity provisions and likely much larger than what the market will demand," said Cornerstone Macro analyst Roberto Perli, who described the actions as "for all practical purposes QE," because the Fed would once again add to its stock of longer-term Treasury assets.



MORE TO COME

The central bank offered $500 billion in a three-month repo operation on Thursday and will offer an additional $500 billion in one-month repo and $500 billion in three-month repo loans on Friday.

Notably, the Fed is also changing the maturities of the Treasury securities that it purchases monthly to increase reserves. Starting on Friday, the central bank will buy across a full range of short- and longer-term assets to match the composition of Treasury securities outstanding, including coupons, bills, Treasury Inflation-Protected Securities and Floating Rate Notes.

"That's basically QE," said Tim Duy, a professor of economics at the University of Oregon. "If you are going the entire curve, you are definitely doing something different" from just buying bills.

The changes were made at the direction of Fed Chair Jerome Powell, in consultation with the Fed's policymaking panel, to "address highly unusual disruptions in Treasury financing markets associated with the coronavirus outbreak," the New York Fed said.

Quantitative easing was a key piece of the Fed's response to the 2007 to 2009 economic crisis, driving its balance sheet to more than $4 trillion. Its asset holdings have been growing again, but only through the purchase of short-term Treasury bills, which the Fed has insisted was simply a technical action.

Analysts say the Fed is not finished.

"The Fed is likely to do more soon, including cutting rates to likely zero," Ebrahim Rahbari, chief currency strategist for Citi, said in a note to clients Thursday.

That would represent a dramatic turn of events for the Fed, reversing in a matter of months a decade's worth of effort to move interest rates back towards something like a normal level - only to see the twin shocks of a global trade war and now a global health emergency push them back down.

Along with a rate cut policymakers could also make sharper use of communication tools, including forward guidance to let markets know what it would take for them to raise interest rates again from rock bottom.

Fed officials could also potentially revive some of the emergency lending facilities launched during the financial crisis to keep cash flowing and prevent severe economic damage. (Full Story)

wait for 60 ?

Receivership

They bought Tuas power plant quite cheap

RM1000 mil / 400 MW = RM2.5 mil per MW

Jaks cost for Vietnam IPP is RM6.5 mil per MW (RM7.8 bil / 1,200 MW)

MFCB cost for Hydro IPP is RM7.7 mil per MW (RM2 bil / 260 MW)

https://www.google.com.my/amp/s/www.nst.com.my/node/574112/amp

Pchem is a shit company

He will be ok once taken some dogmatil

Everybody should read this

You need to see a psychiatrist

Don’t preach to me about decency. You are the one that harassed me non stop after I snubbed you many moons ago

Such a vengeful person

Low life your mothr

Here I say it again

How ?

Low life your mothr