Posted by johnny cash > 2015-08-11 13:39 | Report Abuse

already time for JIBBY to step down

Posted by tony89 > 2015-08-12 04:40 | Report Abuse

thanks for the write-up. informative!

Posted by Jibbyboy > 2015-08-12 04:41 | Report Abuse

Hahahaha...confirm untung tomorow..short! short!

Posted by calvintaneng > 2015-08-12 05:06 | Report Abuse

Good morning,
Behind every cloud there is a silver lining.
The crash of the ringgit has positive side effects:

1) It makes Malaysian goods cheaper in world markets - thus capturing world market share. The seed for World Class Companies from Malaysia is sown!

2) It makes Malaysia an ideal nation for tourists. When Dragi devalued the Euro Americans made a beeline to Europe for their holidays.

3) The state of Johor will benefit from an influx of Sporean shoppers and tourists. All those Johoreans who worked in Spore will also bring back more cash to Johore with such Strong Sing Dollar. So invest in Johor landed houses.
Plus now is still the best time to buy these houses in Johore as they are still relatively Very Cheap compared to Kl

Eg. A low cost house with freehold title 2 rooms 1 bath sells for rm70k in kota masai, johor. A similar low cost house with leasehold title in tmn bukit anggerik, cheras, kl sells for rm320k - more than 400% higher than Johor.

You can still get a single storey 3 rooms 2 baths hse in Johor at below Rm200k and a 2 storey 4 rooms 3 baths house for less than Rm300k right now in Johor!

So there are oppotunities everywhere in Malaysia if you know where to look.

So investing opportunity is always there. The smart ones always find ways to invest.

Regards,

Calvin Tan Research
Jurong West Singapore

Note: With fallen ringgit Malaysia should step up effort to lure retirees from all over the world to retire in Malaysia by My 2nd Home Program. This will further boost the economy of Malaysia.

Malaysia is already the Top no. 4 for world retiree now. And with the crash of ringgit Malaysia will rise up to be World Champoin no.1

Posted by rmkfac100812 > 2015-08-12 05:10 | Report Abuse

Gd mrng Cal.

Posted by calvintaneng > 2015-08-12 05:21 | Report Abuse

One more thing. China just devalued its yuan by 2% against the US Dollar.

People say when US raise interest rates more funds will leave Emerging markets and go back to USA. For what purpose?

A strong US Dollar is detrimental to US exports. They cannot compete.
It is also bad for US multinational companies operating all over the world. Translated to Us currency their profits will be reduced greatly.

So it will be very bad for US Economy.

And Yellen raise interest rate some more? US will just die faster. Imagine someone is drowning and you take the life jacket away? Can you see the picture?

So it is suicidal for Yellen to raise interest rate now.

Posted by Jibbyboy > 2015-08-12 05:34 | Report Abuse

Hahahahaha...talk so much for what? Tomorrow short! short!

Posted by TianTianHuat > 2015-08-12 11:03 | Report Abuse

Tian Tian Huat, my us$ profit now gain me so much.... ha ha ha

Posted by TianTianHuat > 2015-08-12 11:04 | Report Abuse

A few month a ago, Malaysia are talking about under-valued Ringgit... but I think it is better to buy over-valued US$... ha ha ha

Posted by RicheHo > 2015-08-12 11:15 | Report Abuse

Sooner, MYR will become a valueless paper.