Now big fish accumulating it at low price. When get enough of it, then goreng it up.

Brent crude price jumped to USD80 per barrel

Brent crude jumped to $81 per barrel

https://www.ft.com/content/023709e8-cabb-11e8-b276-b9069bde0956

The Indonesian rupiah touched its weakest level against the dollar in more than two decades on Monday, reportedly prompting the country’s central bank to step in to defend the currency as it pushed further toward a nadir not seen since the Asian financial crisis.

The currency weakened as much as 0.4 per cent to 15,248 per dollar, the lowest level in nearly 20 years and three months.

The fall, which left the rupiah down 11 per cent against the greenback this year, pushed Bank Indonesia to step in to manage the currency’s volatility, according to a Reuters report citing a text message from the head of the central bank’s monetary management department.

Why the Aussie dollar is down and likely to fall further
Penalty rates Australian money
The Australian dollar has taken a hit against the greenback and further falls seem likely. Photo: AAP

Killian Plastow
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The Australian dollar fell to its lowest point since January 2016 this week off the back of strong US economic growth, and a recovery is unlikely until next year.

A booming US economy has pushed America’s interest rates up and made the greenback more attractive than the local dollar, which this week hit 70 cents against the USD – its lowest point since February 2016.

Why the Aussie dollar is down and likely to fall further
Penalty rates Australian money
The Australian dollar has taken a hit against the greenback and further falls seem likely. Photo: AAP

Killian Plastow
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The Australian dollar fell to its lowest point since January 2016 this week off the back of strong US economic growth, and a recovery is unlikely until next year.

A booming US economy has pushed America’s interest rates up and made the greenback more attractive than the local dollar, which this week hit 70 cents against the USD – its lowest point since February 2016.

The rupiah continued to weaken on Friday as its exchange rate against the US dollar stood at Rp 15,182, according to the Jakarta interbank spot dollar rate (JISDOR), 0.32 percent lower than its position the previous day, which was quoted at Rp 15,133.

Meanwhile, according to the foreign exchange spot market, the currency was quoted at Rp 15,182 per dollar at 9:55 a.m., 0.03 percent lower than its position on Thursday.

The rupiah continued to weaken on Friday as its exchange rate against the US dollar stood at Rp 15,182, according to the Jakarta interbank spot dollar rate (JISDOR), 0.32 percent lower than its position the previous day, which was quoted at Rp 15,133.

Meanwhile, according to the foreign exchange spot market, the currency was quoted at Rp 15,182 per dollar at 9:55 a.m., 0.03 percent lower than its position on Thursday.

As the U.S. and China, the world’s two largest economies, continue their back and forth tariff spat one currency has borne the brunt of the deteriorating relationship between President Donald Trump and his Chinese counterpart Xi Jinping. Long considered a proxy for the health of the Chinese economy, Australia has, for the most part, flourished over the past decade. However, fears of global protectionism on the rise, the commodity-dependent currency has suffered. On Friday, the Aussie AUDUSD, -0.4662% hit a two-and-a-half year low against the U.S. dollar, trading at $0.7045

As the U.S. and China, the world’s two largest economies, continue their back and forth tariff spat one currency has borne the brunt of the deteriorating relationship between President Donald Trump and his Chinese counterpart Xi Jinping. Long considered a proxy for the health of the Chinese economy, Australia has, for the most part, flourished over the past decade. However, fears of global protectionism on the rise, the commodity-dependent currency has suffered. On Friday, the Aussie AUDUSD, -0.4662% hit a two-and-a-half year low against the U.S. dollar, trading at $0.7045

Jakarta, CNBC Indonesia - Nilai tukar rupiah terhadap dolar Amerika Serikat (AS) terus melemah. Faktor eksternal dan domestik menjadi beban berat bagi rupiah.

Pada Kamis (4/10/2018) pukul 12:00 WIB, US$ 1 dibanderol Rp 15.180 di perdagangan pasar spot. Rupiah melemah 0,73% dibandingkan posisi penutupan perdagangan hari sebelumnya.

Kini rupiah menyentuh posisi terlemahnya sepanjang 2018. Lebih jauh, rupiah juga berada di posisi terlemah sejak 10 Juli 1998 atau 20 tahun lalu.


Rupiah melemah 0,17% kala pembukaan pasar spot. Tidak lama setelah pembukaan, rupiah melemah dan dolar AS pun menembus level Rp 15.100.

Seiring perjalanan, depresiasi rupiah semakin dalam. Hingga tengah hari ini, posisi terlemah rupiah ada di Rp 15.180/US$ sementara terkuatnya adalah Rp 15.180/US$.

Jakarta, CNBC Indonesia - Nilai tukar rupiah terhadap dolar Amerika Serikat (AS) terus melemah. Faktor eksternal dan domestik menjadi beban berat bagi rupiah.

Pada Kamis (4/10/2018) pukul 12:00 WIB, US$ 1 dibanderol Rp 15.180 di perdagangan pasar spot. Rupiah melemah 0,73% dibandingkan posisi penutupan perdagangan hari sebelumnya.

Kini rupiah menyentuh posisi terlemahnya sepanjang 2018. Lebih jauh, rupiah juga berada di posisi terlemah sejak 10 Juli 1998 atau 20 tahun lalu.


Rupiah melemah 0,17% kala pembukaan pasar spot. Tidak lama setelah pembukaan, rupiah melemah dan dolar AS pun menembus level Rp 15.100.

Seiring perjalanan, depresiasi rupiah semakin dalam. Hingga tengah hari ini, posisi terlemah rupiah ada di Rp 15.180/US$ sementara terkuatnya adalah Rp 15.180/US$.

Jakarta, CNBC Indonesia - Indeks Harga Saham Gabungan (IHSG) melemah 1,16% ke level 5.875,62 pada perdagangan kemarin Selasa (2/10/18). Nilai transaksi tercatat sebesar Rp 7,85 triliun dengan volume sebanyak 11,9 miliar unit saham dan frekuensi perdagangan adalah 449.185 kali.

Pelemahan dipimpin oleh sektor industri dasar (-2,98%) dan aneka industri (- 1,70%). Sementara investor asing melakukan net sell di semua perdagangan saham sebesar Rp 98,71 miliar.

Saham-saham perbankan yang dilepas investor diantaranya: PT Bank Tabungan Negara Tbk/BBTN (-3,42%), PT Bank Negara Indonesia Tbk/BBNI (-3%), PT Bank Rakyat Indonesia Tbk/BBRI (-2,2%), PT Bank CIMB Niaga Tbk/BNGA (-1,6%), dan PT Bank Mandiri Tbk/BMRI (-0,65%).


Rupiah yang menembus level psikologis Rp 15.000/dolar Amerika Serikat (AS) membuat IHSG terpuruk dalam perdagangan kemarin.
Sementara itu, berikut rekomendasi saham sari para broker dalam perdagangan IHSG hari ini, Rabu (3/10/18).

PT Bank Maybank Indonesia Tbk (“Maybank Indonesia” or “the Bank”) is one of the leading private banks in Indonesia that is also part of Malayan Banking Berhad (Maybank) Group, one of the largest financial services group in ASEAN. Previously, Maybank Indonesia was known as PT Bank Internasional Indonesia Tbk (BII) which was founded on 15 Mei 1959, obtained its license as foreign exchange bank in 1988, and had its share listed as publicly listed company in Jakarta Stock Exchange and Surabaya Stock Exchange (now merged as Indonesia Stock Exchange) in 1989.

Maybank Indonesia is currently one of the largest banks in Indonesia with regional or international network of Maybank Group. Maybank Indonesia provides a comprehensive range of products and services for individual and corporate customers through Community Financial Services (Retail Banking and Non-Retail Banking) and Global Banking, as well as automotive financing through its subsidiaries, WOM Finance for two wheelers and Maybank Finance for four wheelers. Maybank Indonesia also continues to develop E-banking services and capacity through Mobile Banking, Internet Banking, Maybank2U (internet-based mobile banking), MOVE (Maybank Online Savings Opening) and various other channels.

As of December 31, 2017, Maybank Indonesia maintains 407 branches including Sharia branches and micro functional offices all over Indonesia and two overseas branches (Mauritius and Mumbai, India), 19 Mobile Cash Vehicles and 1,606 ATMs including connected CDM (Cash Deposit Machine) with over 20,000 ATMs connected in ATM PRIMA, ATM BERSAMA, ALTO, CIRRUS and connected to 3,500 Maybank ATMs in Singapore, Malaysia and Brunei. As of the end of 2017, Maybank Indonesia manages Rp121.3 trillion in customer deposits and Rp173.3 trillion in assets.

Currency Update Indonesia: Rupiah Weakens Beyond IDR 15,000 per US Dollar
02 October 2018
|
US Treasury YieldsUS DollarTradeCrude OilRupiah
While most of the focus, rightfully, remains centered on the disaster in Central Sulawesi where presumably thousands of people have lost their lives due to a big earthquake and devastating tsunami, it is worth keeping an eye on the Indonesian rupiah exchange rate which is again facing heavy pressures and has now slipped beyond the psychological boundary of IDR 15,000 per US dollar.

For Indonesians the rupiah being beyond the IDR 15,000 per US dollar level is a sensitive issue that brings back memories of the devastating Asian Financial Crisis in the late 1990s. For the first time the rupiah is now back at the same level as in 1998.

According to the Bloomberg Dollar Index the rupiah had weakened 0.93 percent to IDR 15,048 per US dollar by 15:30 pm local Jakarta time on Tuesday (02/10). It is a level that undermines confidence in the Indonesian currency. Therefore, Indonesia's benchmark Jakarta Composite Index started to drop significantly after the rupiah passed the IDR 15,000 per US dollar level. The Jakarta Composite Index was down 1.30 percent by 15:45 am local Jakarta time.

Currency Update Indonesia: Rupiah Weakens Beyond IDR 15,000 per US Dollar
02 October 2018
|
US Treasury YieldsUS DollarTradeCrude OilRupiah
While most of the focus, rightfully, remains centered on the disaster in Central Sulawesi where presumably thousands of people have lost their lives due to a big earthquake and devastating tsunami, it is worth keeping an eye on the Indonesian rupiah exchange rate which is again facing heavy pressures and has now slipped beyond the psychological boundary of IDR 15,000 per US dollar.

For Indonesians the rupiah being beyond the IDR 15,000 per US dollar level is a sensitive issue that brings back memories of the devastating Asian Financial Crisis in the late 1990s. For the first time the rupiah is now back at the same level as in 1998.

According to the Bloomberg Dollar Index the rupiah had weakened 0.93 percent to IDR 15,048 per US dollar by 15:30 pm local Jakarta time on Tuesday (02/10). It is a level that undermines confidence in the Indonesian currency. Therefore, Indonesia's benchmark Jakarta Composite Index started to drop significantly after the rupiah passed the IDR 15,000 per US dollar level. The Jakarta Composite Index was down 1.30 percent by 15:45 am local Jakarta time.

prices jumping toward $100 a barrel this year

China initially rejected a U.S. request to choke off the flow of petrodollars to the Islamic republic but, amid intense pressure from the Trump administration, the Asian giant is now reportedly taking steps to comply.
OPEC kingpin Saudi Arabia is thought to be unable to fully offset global supply disruptions over the coming months.
And "this essentially leaves the world's only swing producer powerless to prevent a supply shock and subsequent price spike in the final quarter of this year," Stephen Brennock, oil analyst at PVM Oil Associates, said in a research note published Monday.

Brent reached $82-$83 per Barrel

the value of the ringgit against the US dollar has dropped by only 2.2% compared with the Australian dollar, rupiah, yuan, won and Singapore dollar that had weakened by 9.9%, 9.8%, 5.6%, 5.7% and 3% during the same period.

the value of the ringgit against the US dollar has dropped by only 2.2% compared with the Australian dollar, rupiah, yuan, won and Singapore dollar that had weakened by 9.9%, 9.8%, 5.6%, 5.7% and 3% during the same period.

the value of the ringgit against the US dollar has dropped by only 2.2% compared with the Australian dollar, rupiah, yuan, won and Singapore dollar that had weakened by 9.9%, 9.8%, 5.6%, 5.7% and 3% during the same period.

Brent price now at $78 and above.

Brent crude reached $78/barrel above.

Brent prices reached $78/barrel

Lonbisc EPS increase to 1.28 from 1.07. Its NTA increase to 2.20 from 2.19.

Will it happen again?

During previous bull run, 0.30 shares shooting up to 1.00.

Will in break 0.18 tomorrow?

Will in break 0.60 tomorrow?

Psiptek ready to take off. Ready for boarding. Don't be late.

Chinese yuan end lower is favorable for China during trade war with US. Impose tariff and cheaper with lower exchange rate.

Chinese yuan end lower is favorable for China during trade war with US. Impose tariff and cheaper with lower exchange rate.

BEIJING, July 24 (Xinhua) -- The central parity rate of the Chinese currency renminbi, or the yuan, weakened 298 basis points to 6.7891 against the U.S. dollar Tuesday, according to the China Foreign Exchange Trade System.

In China's spot foreign exchange market, the yuan is allowed to rise or fall by 2 percent from the central parity rate each trading day.

Post removed.Why?

Post removed.Why?

By Azzman Abdul Jamal - July 15, 2018 @ 4:31pm
KUALA LUMPUR: The ringgit is expected to strengthen between RM3.20 and RM2.50 against the US dollar over the next two to five years, supported by trade surplus and government efforts to ensure steady economic growth.

Affin Hwang Asset Management Bhd (Affin Hwang AM) managing director Teng Chee Wai said currently, the ringgit is among the currencies that are performing well against regional currencies as Malaysia still has a huge trade surplus.

By Azzman Abdul Jamal - July 15, 2018 @ 4:31pm
KUALA LUMPUR: The ringgit is expected to strengthen between RM3.20 and RM2.50 against the US dollar over the next two to five years, supported by trade surplus and government efforts to ensure steady economic growth.

Affin Hwang Asset Management Bhd (Affin Hwang AM) managing director Teng Chee Wai said currently, the ringgit is among the currencies that are performing well against regional currencies as Malaysia still has a huge trade surplus.


He said the trade surplus reflected the country's more diversified economy.

"Looking at the trade surplus and the government's ongoing efforts, it is expected to generate growth in the future.

"This will contribute to the strengthening of the ringgit. The ringgit is expected to strengthen to RM3.20 over the next three to five years," he said at the Affin Hwang AM Investment 2018 in Kuala Lumpur on Saturday.

Also present, Deputy Minister of International Trade and Industry Dr Ong Kian Ming.

Teng said the expectation is based on the ringgit's movement after the 13th General Election (GE13) in 2013, when the ringgit strengthened to an average of RM3.10 to RM3.20.

"During the GE13, the ringgit hovered at RM3.10 to RM3.20 against the US dollar, but it declined when it hit the global oil crisis.

"The situation worsened after the emergence of th scandal involving 1Malaysia Development Bhd (1MDB) in 2015 and some other issues, but investors confidence on Malaysia are improving," he said.

Commenting further, Teng said to ensure the ringgit strengthens in the future, the government should prioritise foreign direct investment (FDI).

"The government should prioritise FDI and not focus too much on market feedback.

"If the government continues to reassure foreign investors, the ringgit will receive a positive impact and continue to strengthen," he said.

By Azzman Abdul Jamal - July 15, 2018 @ 4:31pm
KUALA LUMPUR: The ringgit is expected to strengthen between RM3.20 and RM2.50 against the US dollar over the next two to five years, supported by trade surplus and government efforts to ensure steady economic growth.

Affin Hwang Asset Management Bhd (Affin Hwang AM) managing director Teng Chee Wai said currently, the ringgit is among the currencies that are performing well against regional currencies as Malaysia still has a huge trade surplus.


He said the trade surplus reflected the country's more diversified economy.

"Looking at the trade surplus and the government's ongoing efforts, it is expected to generate growth in the future.

"This will contribute to the strengthening of the ringgit. The ringgit is expected to strengthen to RM3.20 over the next three to five years," he said at the Affin Hwang AM Investment 2018 in Kuala Lumpur on Saturday.

Also present, Deputy Minister of International Trade and Industry Dr Ong Kian Ming.

Teng said the expectation is based on the ringgit's movement after the 13th General Election (GE13) in 2013, when the ringgit strengthened to an average of RM3.10 to RM3.20.

"During the GE13, the ringgit hovered at RM3.10 to RM3.20 against the US dollar, but it declined when it hit the global oil crisis.

"The situation worsened after the emergence of th scandal involving 1Malaysia Development Bhd (1MDB) in 2015 and some other issues, but investors confidence on Malaysia are improving," he said.

Commenting further, Teng said to ensure the ringgit strengthens in the future, the government should prioritise foreign direct investment (FDI).

"The government should prioritise FDI and not focus too much on market feedback.

"If the government continues to reassure foreign investors, the ringgit will receive a positive impact and continue to strengthen," he said.

Singapore: MAS steepens the SGD NEER slope – Standard Chartered
By Sandeep Kanihama
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Analysts at Standard Chartered note that the Monetary Authority of Singapore (MAS) decided to steepen the Singapore dollar nominal effective exchange rate (SGD NEER) slope slightly from its previous zero-percent appreciation stance.

Key Quotes

“The centre and width of the policy band was left unchanged. An important takeaway was the mention of the slope being increased slightly. We estimate the slope is now +50bps per annum.”

“With the latest MAS move and strong Q1-2018 GDP growth (for a fourth straight quarter), we see scope for the MAS to increase the slope by 50bps in October.”

“After the removal of its previous guidance of maintaining a neutral policy stance for an extended period, it is harder to determine forward guidance in the monetary policy statements. We highlight a few key comments, however. First, the MAS said that it expects both headline and core inflation within the upper half of the forecast ranges of 0-1% and 1-2%, respectively – this marks the first change to its current projections. The MAS also noted that core inflation is likely to rise gradually in 2018 and 2019.”

“Second, the MAS said that domestic sources of inflation may increase, a possible acknowledgement of the pick-up in wages. Third, it noted the global cyclical upturn may be maturing. In this situation, the MAS may want a greater monetary policy buffer ahead of the next downturn, which means the monetary policy normalisation cycle may be short. Fourth, there was a nuanced mention that the latest measured policy adjustment takes into account ongoing trade tensions, which may allude to the probability of further moves once the trade situation clears. Overall, we view these reflections as supportive of another slight move by the MAS.”

Singapore: MAS steepens the SGD NEER slope – Standard Chartered
By Sandeep Kanihama
Share on Twitter Share on Facebook Share on Linkedin
Analysts at Standard Chartered note that the Monetary Authority of Singapore (MAS) decided to steepen the Singapore dollar nominal effective exchange rate (SGD NEER) slope slightly from its previous zero-percent appreciation stance.

Key Quotes

“The centre and width of the policy band was left unchanged. An important takeaway was the mention of the slope being increased slightly. We estimate the slope is now +50bps per annum.”

“With the latest MAS move and strong Q1-2018 GDP growth (for a fourth straight quarter), we see scope for the MAS to increase the slope by 50bps in October.”

“After the removal of its previous guidance of maintaining a neutral policy stance for an extended period, it is harder to determine forward guidance in the monetary policy statements. We highlight a few key comments, however. First, the MAS said that it expects both headline and core inflation within the upper half of the forecast ranges of 0-1% and 1-2%, respectively – this marks the first change to its current projections. The MAS also noted that core inflation is likely to rise gradually in 2018 and 2019.”

“Second, the MAS said that domestic sources of inflation may increase, a possible acknowledgement of the pick-up in wages. Third, it noted the global cyclical upturn may be maturing. In this situation, the MAS may want a greater monetary policy buffer ahead of the next downturn, which means the monetary policy normalisation cycle may be short. Fourth, there was a nuanced mention that the latest measured policy adjustment takes into account ongoing trade tensions, which may allude to the probability of further moves once the trade situation clears. Overall, we view these reflections as supportive of another slight move by the MAS.”

Even have nta worth 2.20 and people still sell it below nta value

If it drop break 2.20 and below, it may continue drop even lower. NTA is 2.20.

Trade war just like volcano. When it erupted, investors run until their tail stood up.

Dr M: Govt looking to replace ringgit notes with new ones
CORPORATE NEWS
Wednesday, 27 Jun 2018

by daniel khoo


“If you were to replace, you need to print huge amounts of paper money and that is not a decision that one makes lightly. “You have to study the effects on the economy,” Mahathir added
“If you were to replace, you need to print huge amounts of paper money and that is not a decision that one makes lightly. “You have to study the effects on the economy,” Mahathir added



PETALING JAYA: The government is looking to replace the current currency notes with new ones to combat corruption.

Prime Minister Tun Dr Mahathir Mohamad said in an interview with Channel NewsAsia that there could be a change in the currency or go cashless to combat corruption.



“It’s not an easy thing because when you want to replace the currency, you must know how much currency is in circulation... because we have to replace what is in circulation and that is a very big amount,” he said.

“If you were to replace, you need to print huge amounts of paper money and that is not a decision that one makes lightly.

Dr M: Govt looking to replace ringgit notes with new ones
CORPORATE NEWS
Wednesday, 27 Jun 2018
By Daniel Khoo



“If you were to replace, you need to print huge amounts of paper money and that is not a decision that one makes lightly. “You have to study the effects on the economy,” Mahathir added
“If you were to replace, you need to print huge amounts of paper money and that is not a decision that one makes lightly. “You have to study the effects on the economy,” Mahathir added



PETALING JAYA: The government is looking to replace the current currency notes with new ones to combat corruption.

Prime Minister Tun Dr Mahathir Mohamad said in an interview with Channel NewsAsia that there could be a change in the currency or go cashless to combat corruption.




“It’s not an easy thing because when you want to replace the currency, you must know how much currency is in circulation... because we have to replace what is in circulation and that is a very big amount,” he said.

“If you were to replace, you need to print huge amounts of paper money and that is not a decision that one makes lightly.

Cautious

PETALING JAYA: Parti Pribumi Bersatu Malaysia (PPBM) sedang mempertimbangkan untuk melebarkan pengaruh parti itu ke Sarawak.

Pengerusinya, Tun Dr Mahathir Mohamad berkata ia seiring dengan permintaan rakyat Sarawak dan sebagai sebahagian usaha PPBM untuk menambah keahliannya.

“Kita berpendapat bahawa kita mungkin akan ke Sarawak tetapi ia belum diputuskan oleh kerana parti-parti di bawah Pakatan Harapan yang lain sudah ada di Sarawak dan di situ PPBM tiada.

“Kita tidak akan ke Sabah kerana kita anggap Warisan tu sebagai parti sahabat. Jadi tidak perlu kita ke Sabah,” katanya dalam sidang media selepas mempengerusikan Mesyuarat Majlis Tertinggi PPBM pada Isnin.

Ringgit value slip to 4.02 against USD.

Ringgit depreciate to 4.02 against USD.

Name of Principal Officer
Date of Transaction

Nature of Dealing

Consideration per share (RM)

No. of securities acquired

% of the securities acquired

Dato Isaac Lugun

20.06.2018

Acquisition in open market

2.376

http://cmsb.irplc.com/new-announcement.htm?NewsID=201806215000002&Symbol=2852