Posted by apanama > 2015-09-15 00:37 | Report Abuse

Last time announcement valuecap to increase RM 2 Billion its value. Then now Najib said RM 20 Billion to be injected by govt. Hmm..something fishy

Posted by BN_menang > 2015-09-15 00:43 | Report Abuse

A lesson to foreign fund not to short our stocks when price is low.

Posted by Ketua Lanun Bugis > 2015-09-15 03:36 | Report Abuse

Short term stupidities..only by najibuto.

Posted by apanama > 2015-09-15 03:54 | Report Abuse

Its not about GOVT HAS MONEY OR NOT. ITS ABOUT NAJIB GOVT STUPIDITY. You should use the money to increase CAPACITY BUILDING such as R N D AND INFRA RELATED FOR FUTURE such as Bullet Train and also IMPROVE INTER CITY PUBLIC TRANSPORTATION AND REDUCE PUBLIC USAGE OF MOTORCARS FOR LONG DISTANCE TRANSPORTATION. AS OUR FUEL BURNING N FUEL CONSUMPTION IS CONSIDER QUITE HIGH FOR 30 MILLION POPULATION WHICH IN THE LONGER RUN IS NOT HEALTHY AS OUR MYR WILL ONLY STABILISE AT RM 4.0-4.20 ONLY BY NEXT 2-3 YEARS..THIS WILL EFFECT OUR NET FOREIGN EXCHANGE WITH OUR NET EXPORTER OF GAS N CRUDE.

When you pump directly to stockmarket..you are assisting SPECULATORS..

Posted by soojinhou > 2015-09-15 05:23 | Report Abuse

Or cronies

Posted by hissyu2 > 2015-09-15 08:10 | Report Abuse

apanama, he is not stupid... all he wants just to stablize the tension of felda folks to get more support... economic? he cares nothing... China's failure to "rescue" market should be more than enough recent/GOOD example for all EM, DO NOT POUR money into the sea! stimulus our economic is the best way! it meant nothing to anyone our KLCI stands as high as 1800 IF all other NON-GLC drop like no tomorrow...

20b should be sufficient(not really sufficient to cover all places though) to create a lot of more better infrastructure and etc to help this country moves to a better direction

Posted by kllady_fidah > 2015-09-15 08:19 | Report Abuse

just by mere announcement.market is turning green..altering perception guiding herd mentality into positive sentiment...the actual pumping in is secondary..never underestimate the announcement

Posted by Alphabeta > 2015-09-15 09:34 | Report Abuse

This is a fruitless exercise like injecting morphine into spine to relieve pain temporary. If you are not prepare to perform major surgery to cure the source of the problem, the end result is inevitable.

Central Banks have artificially suppressed interest rates to the extent of stealing savers’ money. It is supposed to fund business activities and assets to generate future growth but it went to fund consumption, housing, stocks buybacks and financial speculation.

The total public and private debts globally is estimated to be around USD 200 trillion and another USD 600 trillion of derivative contracts waiting to explode anytime. United States alone had a total national debts of USD 18 trillion and needs to pay USD 260 billion interest annually.

With Interest rates at negative or zero territory and balance sheets inundated with debts, central banks will have little space to manoeuvre in their monetary policy. End of the day, alleviating debt trap with more debt is a strategy doomed to failure.

The current equity markets overvaluation is a by-product of this debt mania.

Corporate management concentrate on stock buybacks with borrow money to improve EPS and push up stock prices instead of investing in R&D, new factories and equipment to create jobs. Such financial engineering will eventually come to an end and it is a matter of time the equity bubble will come crashing down.

Investors are likely to face a much tougher road in the years ahead. Take care….

Posted by fukrosmah > 2015-09-15 09:56 | Report Abuse

as good as dump into SEA

Posted by senneskathi > 2015-09-18 23:34 | Report Abuse

Do he hv any qualification to manage finance? Im a new comer, even i can understand pumping 20b just to mv up the index is a narrow minded short term idiot idea... how can a top man in msia doing this...

Posted by DreamGladiator > 2015-09-18 23:57 | Report Abuse

He is an economist by training & background, SennesKathi dude.

It wud not hv been he alone deciding. That is not how a minister works. More likely a Treasury-wide proposal that he has studied, liked & endorsed.

So, SennesKathi dude, if you hv a better idea, come on, let's share it. Better than lazy sniping & taking wild potshots at the Finance Minister.

Posted by Cyborg > 2015-09-23 11:13 | Report Abuse

Bubble of financial just started, with RM no near escape, fed warranty rate this year, its confirmed we towards declining and will enter long bearish phase...

Posted by TeddyRiley > 2015-09-23 11:21 | Report Abuse

Fed might not hike this December. Based on Janet Yellen's statement over the last couple of meeting, she's been making hawkish statements about rate hike but when it comes to the day where the decision making was made, she always appear to be dovish. In my own opinion, rate hike will most likely happen somewhere around 1H 2016.

Posted by Cyborg > 2015-09-23 11:27 | Report Abuse

Sorry to say this teddyriley, all around the world not stupid to "eat" all the news from paid economist and mainstream media saying index will fly high while the data all show negative things...

Posted by ktsk88 > 2016-06-14 09:17 | Report Abuse

Govt mana ada 20B?.................kalau ada pun masuk poket sendiri dan kroni.