If takut missing the boat, buy bit by bit loh.

I just wonder who is cooking the stocks now. Politicians or foreigners?

重复2009？便宜美金来东南亚保值？

产业股突然全部大起。美金杀到？

Yesterday Trump said covid peaked (after 2 days of slow down in spreading and death). Market rallied. I see many counters with record buy volume.

Last night New York and Spain recorded worsen covid situation.

Reverse gear mode. Who knows, New York cases may drop today and Trump will jump out and talk up the market again.

疫苗+特药 是这次灾难的解药。

还有。。。准备下一次的新 蝙蝠病毒。

Like I said it all depends on WTI.

The meeting is set on Thursday, tomorrow.

Place your bet! Deal or no deal?

Now it is just a question of how unlimited QE can affect the US stock market.

This is the first time unlimited QE is used at this so early phase.

Maybe all the PEs will be given an extra 10 boost.

PE of 20 may be considered cheap with this Trump factor.

Investors ASSume the worst is behind us.

Investors ASSume the worst is behind us.

If privatise, how much will the offer price be?

Privatisation is possible as ROE is super high. Astro doesn't need your money.

Quick drop in WTI now.

If tariff is > 100%, all US companies will buy "made in USA" oil.

Need to know the impact of Donald's tariffs on imported oil.

Tariff is a form of threat. See if OPEC takut or not. If I am OPEC, I may see that it all depends on the tariff%. It is more than 100% tariff, OPEC will takut.

It all depends on WTI. So far 0.48 is the fair price.

If WTI hits 28, it will be around RM0.50.

If WTI hits 29, it will be around RM0.55.

If WTI hits 30, it will be around RM0.60.

Many will still bet price will go up.

If it goes down further, it's nearly bottom.

Before OPEC says anything, market still believes Trump will triumph.

Saudi now has the golden opportunity to bankrupt all competitors at one time by not cutting production.

If you are Saudi, will you cut?

Unless Saudi is under a threat or given something good in return, I don't see Saudi will listen to US or Russia.

We might see how US+Russia threaten OPEC.

As expected:

https://www.cnbc.com/2020/04/04/opec-emergency-meeting-likely-to-be-postponed-to-april-8-or-9-sources-say.html

Saudi cost per barrel is just USD3. No rush. Unless... war .... US needs to offer something to Saudi as return. "Art of Deal" will play a role here.

Yes, it depends on the OPEC meeting...

40% gain in less than 48 hours.

It's like a chase over toilet papers now.

Traders nowadays cash rich but don't know what to buy.

Which country no MCO now?

It depends on whether Russia and Saudi are having financial problems in the countries.

Russia may have problems ahead as Putin may be sick now.

Saudi has no rush to push the price up as the cost is just USD3 unless the treasury needs more money to boost the country's economy.

US lowest production cost is USD57. Trump will try his best to push the price up but the result will depend on Saudi and Russia whether they want to punish USA or not.

Trump will keep pumping.

Saudi will delay cooperation with Russia.

The delay will cause US to fall to its knees...

https://knoema.com/vyronoe/cost-of-oil-production-by-country

The bottom will be USD18 per barrel, the lowest Russia can withstand.

If Russia and Saudi are concerned about economic situation of their country to get worse, they will use Trump's suggestion to ceasefire.

If Saudi and Russia want to KO USA, they will increase the production...

Trump yesterday promised he will do whatever it takes to push it up?

Time will tell.

Today we will wait for the reaction from Russia and Saudi whether they want to ceasefire or not.

Please stop the virus from spreading in Wuhan back in January or even December 2019. Every human will thank you.

All stocks were trading similar to Dow Jones Futures. (Except Frontken surprisingly)

Trump was very negative last night and investment companies have already done their best to stabilises the 1st Quarter closing. Today is the first day of 2nd quarter with Trump's unusual sadness on his face, he might want to sink Dow again.

Penta surged 60% in one week.

World #1 stock now.

No any country stock (mid cap) can beat Penang gamblers.

Penang tech companies now the most bullish in the world. You cannot find any counter in the world that can rebound as much.

老刘有这样差吗？

1st quarter closing day.

When it comes to tech companies in Penang, all the youngsters there don't really much about stock market. They just buy.

Need to wait for tomorrow. Today 1st quarter closing, last day of March. Many predicted today will be bull to do nice closing.

It's more on personal hygiene (education).

As long as you wash your hands often, don't bring shoes indoor and clean the floor more often , the infection rate is low.

We are in bull market. All the bad things have gone.

PE is super high if you factor in coming bad earnings.

Turmeric is anti-inflamation. It is good if you are infected with covid-19. It is useless if you want to prevent a novel virus to enter your cell.

Yes, the current price is telling us that there is no worry in the market yet.

Some say depression, some say Great Recession, some say Great Depression, some say short and sharp recession with v recovery, ...

It's very hard to predict.

DOW may head south as Trump extended social distancing to 30 days and Germany finance minister committed suicide.

The market is now monitoring DOW futures. DOW is the only driving force in the world now, the market from a country can implement unlimited QE with no severe consequence to the currency.

Anwar will lose. Any party promotes multi racial equality will lose. Not trying to create racial remark. Majority race will win in a democratic society. They need to reshuffle their racial composition to win.

Penta, Inari, Gtronic, all no shutdown so far. Penang gov approved their continuation of operation.

Now this stocks is in bull category like in bull market.

Low interest rate is just to discourage people to put money in the banks and encourage people to use it for investment such stocks and property.

Boris Johnson thought of herd immunity (do nothing, cheapest solution). But he forgot that will overload the healthcare system that may eradicate the entire UK old population and those with chronic illnesses like cancer, hypertension and diabetes.

Herd immunity is just a theory. It will work on flu as the RO and mortality rate is low. For Covid-19, herd immunity is similar to pushing weak and old to death. And also pushing all the nurses and doctors off the cliff as many of them will die.

And also no country will allow people from the country to enter their country.

PE expectation has to be raised by 5 due to stimulus plans around the globe.

This covid thing is anti-freedom.

PE back to almost 20.

For recession, I prefer stocks that is around 15. (recession 10 + 5 boosted by stimulus packages around the world. Depression is 5+5(stimulus))

Frontken around 24
KESM around 30
Gtronics around 20
MI around 18
Inari around 20
PIE around 10

Stimulus plans around the world are working hard to push the market back up.

Something common since 2008.

PE 13 to 18 in a few days. Quite undervalue tech stock. KESM PE still very very high.