“Day after day, the direction seems to change. This opens up good opportunism for companies which have fundamentals, strong earnings, strong outlook for the next three-to-five years. What is really interesting about these markets is that there are these every-other-day changes in either direction where investors are outrageously bullish or outrageously bearish the next day.”

“Day after day, the direction seems to change. This opens up good opportunism for companies which have fundamentals, strong earnings, strong outlook for the next three-to-five years. What is really interesting about these markets is that there are these every-other-day changes in either direction where investors are outrageously bullish or outrageously bearish the next day.”

https://youtu.be/ErH0UlhDEWA
Travellers waiting at Woodlands Checkpoint on March 31

https://klse.i3investor.com/web/blog/detail/www.eaglevisioninvest.com/2022-03-28-story-h1620507104-Why_90_Active_Traders_Contra_Players_are_GUARANTEED_to_Lose_money_while

Quote:
Why 90% Active Traders & Contra Players are GUARANTEED to Lose money while only 10% Savvy Investors are making money, Calvin Tan

https://klse.i3investor.com/web/blog/detail/www.eaglevisioninvest.com/...

Will the sleeping giant wake up soon?

Paramount expands footprint in e-commerce with Commerce.Asia buy
By NST Business - March 17, 2022 @ 12:54pm
KUALA LUMPUR: Paramount Corp Bhd has invested RM10 million in Commerce DotAsia Ventures Sdn Bhd (Commerce.Asia).

Commerce.Asia is an all-in-one e-commerce ecosystem that provides one stop, end-to-end e-commerce solutions for brands, businesses, and small and medium enterprises (SMEs) in Southeast Asia.

Paramount said the investment was made through its wholly-owned investment vehicle Magna Intelligent Sdn Bhd (Magna) and Magna's 30 per cent-owned associated company, Omegaxis Sdn Bhd, which owns Fundaztic.
"This is in line with Paramount's five-year (2020-2024) strategic plan to identify new sources of earnings, particularly in the digital space. "Paramount is also the lead applicant of a consortium applying to Bank Negara for a digital banking licence," the company said in a statement today. It said the pandemic had shifted consumer behaviour and accelerated e-commerce adoption worldwide over the past two years.
As such, the company's investment in Commerce.Asia was timely given its end-to-end ecosystem, track record, and business model which has almost doubled in revenue since 2020 and turned profitable in 2021, said Paramount corporate strategy and investment head Tracy Gan.

Commerce.Asia manages all aspects of customers' online businesses, from developing their online stores to managing product sales across multiple e-marketplaces, including warehousing, payment, delivery, marketing, and order management.

The company currently has over 92,000 active sellers who use its various platforms, with a group gross merchandise volume (GMV) of RM6.7 billion last year.

"The convergence of two fast emerging trends – fintech and e-commerce – serves as the platform for Fundaztic to provide financing to Commerce.Asia's network of merchants utilising advanced data analytics and insights," said Gan, adding that it also deepens and broadens the merchant ecosystem available to the Paramount Group.

Fundaztic is one of the first peer-to-peer (P2P) financing platforms in Malaysia licenced by the Securities Commission. It has disbursed close to RM150 million, supporting more than 2,350 micro to small and medium enterprises since 2017.

Bursa Malaysia may receive early election boost
https://www.thestar.com.my/business/business-news/2022/03/16/bursa-malaysia-may-receive-early-election-boost#openShareModal

Oil Prices Tumble Below $100 and Keep Falling. Here’s Why.
https://www.marketwatch.com/articles/oil-prices-tumble-below-97-a-barrel-heres-why-51647341663?mod=moremw_bomw
Positive for tourism counters.

Dow jumps nearly 600 points, oil prices slide

Dow jumps nearly 600 points, oil prices slide
https://www.cnbc.com/2022/03/14/stock-futures-rise-slightly-as-wall-street-awaits-fed-rate-hike-ukraine-developments.html

COVID-19 in China is 'complicated' but still under control: Official
https://news.cgtn.com/news/2022-03-15/COVID-19-in-China-is-complicated-but-still-under-control-Official-18qnQ4feVvq/index.html

https://news.cgtn.com/news/2022-03-15/China-s-FDI-inflow-up-37-9-in-2022-s-first-two-months-18pQjiw4fi8/index.html
China's FDI inflow up 37.9% in first two months in 2022. Foreign direct investment into the Chinese mainland, in actual use, expanded 37.9 percent year on year to 243.7 billion yuan ($38.26 billion) in the January-February period, the Ministry of Commerce said Monday. In U.S. dollar terms, the inflow went up 45.2 percent year on year to $37.86 billion. The service industry saw FDI inflows jump by 24 percent year on year to 175.7 billion yuan ($27.6 billion), while that of high-tech industries surged by 73.8 percent from a year earlier, data from the ministry showed.

Foreign direct investment (FDI) into the Chinese mainland, in actual use, expanded 37.9 percent year on year to 243.7 billion yuan ($38.26 billion) in the January-February period, the Ministry of Commerce said Monday. In U.S. dollar terms, the inflow went up 45.2 percent year on year to $37.86 billion. The service industry saw FDI inflows jump by 24 percent year on year to 175.7 billion yuan ($27.6 billion), while that of high-tech industries surged by 73.8 percent from a year earlier, data from the ministry showed.
https://news.cgtn.com/news/2022-03-15/China-s-FDI-inflow-up-37-9-in-2022-s-first-two-months-18pQjiw4fi8/index.html

newsroom.jetstar.com/the-wait-is-over-jetstars-first-flight-to-bali-in-two-years-takes-off-today
Jetstar Group CEO Gareth Evans said Bali has always been the most popular international destination in Jetstar’s network, with millions of people flying to the Indonesian island every year before COVID hit.
“We are very excited to return to Bali today after two long years, and we are confident that Bali will quickly regain its position as our most popular international tourist destination now that borders are open.
“Our recent Bali sale saw the biggest surge in bookings we’ve seen since 2016, and our recent surveys have consistently shown that Bali is still the top international destination people want to travel to.
“Pre-COVID, Jetstar operated up to 85 return flights per week to Bali, carrying more than two million customers each year and contributing almost two billion Australian dollars annually to the local Balinese economy.

newsroom.jetstar.com/the-wait-is-over-jetstars-first-flight-to-bali-in-two-years-takes-off-today
Jetstar Group CEO Gareth Evans said Bali has always been the most popular international destination in Jetstar’s network, with millions of people flying to the Indonesian island every year before COVID hit.
“We are very excited to return to Bali today after two long years, and we are confident that Bali will quickly regain its position as our most popular international tourist destination now that borders are open.
“Our recent Bali sale saw the biggest surge in bookings we’ve seen since 2016, and our recent surveys have consistently shown that Bali is still the top international destination people want to travel to.
“Pre-COVID, Jetstar operated up to 85 return flights per week to Bali, carrying more than two million customers each year and contributing almost two billion Australian dollars annually to the local Balinese economy.

KUALA LUMPUR: Paramount Corp Bhd plans to launch RM1.3 billion worth of properties in the financial year ending Dec 31, 2022 (FY2022), a 48 per cent increase from last year?s allocation, banking on the economic recovery and as Malaysia enters the endemic stage.
Group chief executive officer Jeffrey Chew Sun Teong said the group also targeted higher property sales in FY2022 of RM1 billion.
"Our property prices are ranging from over RM300,000 to the high-end prices. We are targeting a big portion of M40 and some of T20 as well,? he said during the analysts and media briefing on the group?s financial performance for the financial year ended Dec 31, 2021 (FY2021) today.
Out of the RM1.3 billion property launches planned, 32 per cent or RM408 million would be the group?s existing projects at Sungai Petani in Kedah, Penang as well as Sepang in Selangor. The group has also outlined property launches for its new developments in Shah Alam, Cyberjaya and Petaling Jaya worth RM872 million.
Chew said Paramount?s unbilled sales stood at RM1.1 billion for FY2021 which is expected to help its cashflow moving forward.
https://www.thestar.com.my/business/business-news/2022/03/04/paramount-plans-rm13bil-property-launches-in-fy22#openShareModal

Maybe another round of dividend in June too if all going well.

https://www.gavi.org/vaccineswork/how-next-generation-covid-19-vaccines-could-help-end-pandemic

How next-generation COVID-19 vaccines could help to end the pandemic
A year ago, we had no COVID-19 vaccines; now we have many. Could the next generation of vaccines be better still?

How next-generation COVID-19 vaccines could help to end the pandemic....
A year ago, we had no COVID-19 vaccines; now we have many. Could the next generation of vaccines be better still?
https://www.gavi.org/vaccineswork/how-next-generation-covid-19-vaccines-could-help-end-pandemic

President Zelenskyy will probably be killed if captured alive by Russian forces. Let'us pray for Ukraine.

Putin is a piece-keeper not a peace-keeper. Take other country's territory, cut into piece by piece, and keep for himself

Malaysia border open soon
https://www.thestar.com.my/news/nation/2022/02/23/muhyiddin-any-delay-in-reopening-borders-will-cost-us

https://theconversation.com/havent-yet-been-vaccinated-for-covid-novavax-might-change-your-mind-176694

Haven’t yet been vaccinated for COVID? Novavax might change your mind
https://theconversation.com/havent-yet-been-vaccinated-for-covid-novavax-might-change-your-mind-176694

International tourists return to Australia as borders open
https://www.perthnow.com.au/news/coronavirus/international-tourists-return-to-australia-as-international-borders-open-c-5773834

From New York to the Netherlands, the (western) world is moving on from Omicron. Here’s where the big rollback is happening
https://fortune.com/2022/02/12/us-europe-rolling-back-covid-restrictions/

"Malaysia's real estate market is going to recover very soon. Usually, there are 6 months lagging effect between the recovery of banking stock and the real estate market. Hence, we might see a property market rebound soonest by Mar 2022."


https://klse.i3investor.com/blogs/donkeystocks/2022-02-18-story-h1599171914-Banks_Stocks_Have_Fully_Recovered_Real_Estate_Is_Next.jsp

“I do not know with what weapons world war 3 will be fought with but what I can be sure of is that world war 4 will be fought with sticks and rocks” - Albert Einstein

https://klse.i3investor.com/blogs/koonyewyinblog/2022-02-14-story-h1598459004-I_predict_Covid_19_pandemic_will_end_within_3_months_Koon_Yew_Yin.jsp

https://klse.i3investor.com/blogs/koonyewyinblog/2022-02-14-story-h1598459004-I_predict_Covid_19_pandemic_will_end_within_3_months_Koon_Yew_Yin.jsp

Tropicana to develop 308-acre entertainment hub in Genting Highlands

https://www.theedgemarkets.com/article/tropicana-develop-308acre-entertainment-hub-genting-highlands

Tropicana partners with Powerchina International to develop Tropicana Paradise in Genting Highlands

https://www.nst.com.my/business/2022/02/770659/tropicana-partners-powerchina-international-develop-tropicana-paradise

UOB Kay Hian is expecting a "similarly solid quarter" from Genting Singapore, which owns RWS, when the company announces its results on Feb 17.

Australia to reopen international borders, welcome double vaccinated tourists from February 21

https://7news.com.au/travel/australia-to-reopen-international-borders-welcome-double-vaccinated-tourists-from-february-21-c-5597952

UK construction sector sees post-Omicron bounce in January – PMI

https://www.fxempire.com/news/article/uk-construction-sector-sees-post-omicron-bounce-in-january-pmi-888204

Malaysia casino giant Genting's ski bet pays off at Winter Olympics
Resort near Beijing hosts events starting Thursday, making good on Xi's orders

https://asia.nikkei.com/Spotlight/Sports/Beijing-Winter-Olympics/Malaysia-casino-giant-Genting-s-ski-bet-pays-off-at-Winter-Olympics

All banks have risk score card which dictates how loans are granted. At its height of business success, Genting was considered a safe bet to lend money to even without collateral. In fact most banks are lining up to lend money to Genting. Nobody can predict that COVID-19 could bring down a business. Genting has been a good paymaster and it's image and reputation as a successful business was never in doubt. Malaysian banks have been profiting from loans to Genting when times were good. Nobody made any comments about it. Banks give loan is a calculated risk. You win some, you lose some. Loans to Genting is much safer than loans given to politicians and their companies. Don't hit a business like Genting when it's down.

Maybank denies financial woe imminent due to Genting HK exposure
Monday, 24 Jan 2022 02:54 PM MYT

https://www.malaymail.com/news/malaysia/2022/01/24/maybank-denies-it-will-face-financial-trouble-on-genting-hong-kong-exposure/2037185

https://www.bbc.com/news/uk-59973659

Covid in the UK: Reported cases at lowest level for a month

Covid in the UK: Reported cases at lowest level for a month
(Published1 day ago)

https://www.bbc.com/news/uk-59973659

COVID Australia: PM declares ‘days of lockdown are gone’. “It’s not about numbers,” Mr Morrison told Nine’s Today program on Monday.

“This is a different type of variant which requires an evolution of our response.
“The days of lockdown are gone. We’re going forward, we’re not going back – that’s not how we manage this virus.
“There will be high case numbers, but the severity is a lot less so you focus on your healthcare system.”

https://www.perthnow.com.au/news/gone-prime-minister-scott-morrison-declares-lockdown-days-over-c-5166511

17122021 大马手套股RSS卖空仓位. Glove counters Net Short Positions.[ENG SUB TITLE]
https://klse.i3investor.com/blogs/DoubleSwords/2021-12-17-story-h1595654837.jsp

@YellowLion9117:

Apparently, no Omicron positive patient has so far ended up in the hospital, let alone died.

Anecdotal evidence from doctors treating it in Africa, Europe and Asia is that patients are either asymptomatic or the symptoms are much milder than the Delta variant.

If that is the case (a big IF), Omicron may paradoxically start the end of the pandemic by replacing Delta with a strain, yes, more contagious but way less lethal. In that, its alleged higher transmission rate would be an advantage.

Either way, the hysterical and panicked reactions that we see everywhere are completely misplaced and unwarranted. One has to be cautious while remaining rational.

Needless to say, the press coverage worldwide has been shameless. Don't let them take you for a ride - stay calm, get information from trusted sources and carry on with your life.

@YellowLion9117:

Apparently, no Omicron positive patient has so far ended up in the hospital, let alone died.

Anecdotal evidence from doctors treating it in Africa, Europe and Asia is that patients are either asymptomatic or the symptoms are much milder than the Delta variant.

If that is the case (a big IF), Omicron may paradoxically start the end of the pandemic by replacing Delta with a strain, yes, more contagious but way less lethal. In that, its alleged higher transmission rate would be an advantage.

Either way, the hysterical and panicked reactions that we see everywhere are completely misplaced and unwarranted. One has to be cautious while remaining rational.

Needless to say, the press coverage worldwide has been shameless. Don't let them take you for a ride - stay calm, get information from trusted sources and carry on with your life.

WHO says measures used against Delta variant should work for Omicron; Philippines remain calm about new Covid-19 virus

WHO says measures used against Delta variant should work for Omicron.

India’s health ministry says the severity of COVID-19 disease from the Omicron variant in the country could be low due to vaccination and widespread exposure to the Delta variant that infected nearly 70 percent of the population by July.

“Given the fast pace of vaccination in India and high exposure to Delta variant as evidenced by high seropositivity, the severity of the disease is anticipated to be low,” it said in a statement on Friday.

https://www.aljazeera.com/news/2021/12/3/omicron-less-severe-vaccination-india-covid

@alextan
A South African doctor who was one of the first to suspect a different coronavirus strain said on Sunday that symptoms of Omicron were so far mild and could be treated at home.

@stkoay 8.2M shares done at pre close price 4.40.

Wonder who owns so much shares to throw. Must be some bigshots.