Posted by OldUnclee > 2018-11-01 21:47 | Report Abuse

lizi, you are right I think contra gain taxes would be more appropriate. Instead of buying and selling stocks within a week, holding it for at least 1 year will get tax deduction entitlement. That's the better way for the market and more productive for everyone.

Posted by lizi > 2018-11-01 21:48 | Report Abuse

tomorrow watch budget or not? historically moment, no need to see jib gor talk...lol....

Posted by lizi > 2018-11-01 21:49 | Report Abuse

all eye on LGE, he better be steady

Posted by WhiteCapital > 2018-11-01 21:51 | Report Abuse

one Uncle, one lizi and one LGE, 3 people kill all traders

Posted by Hidup_Pak_Lah > 2018-11-01 21:51 | Report Abuse

LGE most famous is talking M'sia RM 1 trillion debts what else he can do? Stock market, RM under him good?

Posted by WhiteCapital > 2018-11-01 21:52 | Report Abuse

his 1 Trillion debt already push down KLCI from 1800+ to 1700 in 5 months lah aiyo

Posted by lizi > 2018-11-01 21:53 | Report Abuse

i din say i support contra gain tax leh....i myself kena....but i am 100% against capital gain tax...

Posted by WhiteCapital > 2018-11-01 21:54 | Report Abuse

aiyoyoyo if really contra gain taxes then I wait 3 more days lahh wakakakak then no more contra gain liao wakakakaka

Posted by relaks > 2018-11-01 22:04 | Report Abuse

Uncle, after 1 yr, a ctr may not longer exist in planet klse! These days, punting boleh, invest memang x boleh! If Uncle do not wish to see us gamble and lose, Uncle should campaign for gomen to improve corporate governance, clean up all listed arms so that these co r profitable n worth long term investment. Look at the cause of the problem, Uncle. Not impose penalty by taxing retailers who try so hard to improve their livelihood.

Posted by OldUnclee > Nov 1, 2018 09:47 PM | Report Abuse

lizi, you are right I think contra gain taxes would be more appropriate. Instead of buying and selling stocks within a week, holding it for at least 1 year will get tax deduction entitlement. That's the better way for the market and more productive for everyone.

Posted by TheRealJesus > 2018-11-01 22:05 | Report Abuse

God Bless everyone and our economy. Life is really hard in Malaysia.

Posted by hollandking > 2018-11-01 22:07 | Report Abuse

if got capital gain tax, then must have tax deduction for capital losses, then u will see how many actually lose money in bursa. Govt if implement , then i think they think many making big money in bursa wait till see the tax deduction bill then they know how bad it is .

Posted by hollandking > 2018-11-01 22:07 | Report Abuse

they'll be shocked

Posted by zhen wei & JP > 2018-11-01 22:08 | Report Abuse

Foreign win, we local lose.

Posted by OldUnclee > 2018-11-01 22:11 | Report Abuse

Yes hollandking, I think if the CGT is done, they need to have a system that records Capital losses or contra losses which can be deducted against any future gains, that is only fair if it's implemented.

Posted by Alex™ > 2018-11-01 22:14 | Report Abuse

holland king comment always good, must change name d.... coz he always prevent ppl to go holland! haha

Posted by Alex™ > 2018-11-01 22:14 | Report Abuse

h货不对板

Posted by Alex™ > 2018-11-01 22:15 | Report Abuse

want capital gain tax can, but make sure if we lose money we can deduct from our tax also!

Posted by KLCI Going Heaven > 2018-11-01 22:15 | Report Abuse

Should change to name like me lah Alex, call heavenking wakakkaa

Posted by KLCI Going Heaven > 2018-11-01 22:32 | Report Abuse

aiyoyoyoyo now want to scold old man liaooo ahh kikiki... Tax foreign funds then say no foreign investment inflow, don't tax foreign funds then Malaysia become Bankrupt Nation, how lah??? Wakakakaka tax also cannot, don't tax also cannot

Posted by ironsozai > 2018-11-01 22:43 | Report Abuse

Hi hit me hit me hit me 99 like GE 14 - Bursa Malaysia & KLCI

Posted by relaks > 2018-11-01 23:45 | Report Abuse

If v earn our ministers type of salary, “maybe” kena tax kaw kaw la! ( or maybe “those above their range only will be taxed kaw kaw“?!) Dunno la.
Anyway, they promise not to burden rakyat. https://www.thestar.com.my/business/business-news/2018/11/01/new-tax-in-2019-budget-will-not-burden-the-people/
Lets hope so la.

Posted by Acon888 > 2018-11-01 23:55 | Report Abuse

Really sohai article, waste people time to read. Go to eat shit

Posted by CITADEL > 2018-11-02 01:12 | Report Abuse

The government should implement IQ tax so this oldunclee doesn't have to pay a penny.

Posted by BaybieShark > 2018-11-02 02:37 | Report Abuse

Uncle better you propose tax everything gst100% casino 100% make everything collapse, one time tax everything 996 thanks

Posted by sherlock > 2018-11-02 03:14 | Report Abuse

rubbish article,malaysia foreign fund low?who told you that?do you know foreign fund and retailers hold more than 30% of listing company shares?that worth more than RM500 billion!

even 20% foreign fund and retailer sell off their share,thats means more than RM100 billion,KLCI will drop to 1200-1300 or even low,you dont care your retirement fund but other people do.

no speculation means no volume,then how people Buy or sell shares?all stock broker and reminsier deserve to eat shit?bursa gotta eat shit too?all relevant businesses should eat shit too???

so just shut your mouth and dont pretend you know economy or financial market well.

Posted by newbie5354 > 2018-11-02 03:42 | Report Abuse

We fight to change govn but actually they gain the most not us.

Posted by newbie5354 > 2018-11-02 03:43 | Report Abuse

No wonder latest by-election in PD so many contested. Easy money for them if win.

Posted by newbie5354 > 2018-11-02 03:43 | Report Abuse

MACC urges all MPs to declare their assets, plans to make asset declaration an obligation
Read more at https://www.thestartv.com/v/macc-urges-all-mps-to-declare-their-assets-plans-to-make-asset-declaration-an-obligation#ZWSsxzighcTPmPg1.99

Posted by ironsozai > 2018-11-02 07:41 | Report Abuse

wakakakakaka hi many butthurt people wake up in middle of night to scold this Uncle ahhh so funny lah you all

Posted by ironsozai > 2018-11-02 07:41 | Report Abuse

apa lanciao lah you all, wake up 1am 2am 3am do what? Play US market? wakakakak or scared until cannot sleep

Posted by hollandking > 2018-11-02 07:43 | Report Abuse

correctloh play US market

Posted by hollandking > 2018-11-02 07:43 | Report Abuse

last time i night US, day singapore

Posted by OldUnclee > 2018-11-02 07:44 | Report Abuse

hollandking now no more US market? day no Bursa? wakakaka

Posted by ironsozai > 2018-11-02 07:48 | Report Abuse

wahhh ironrobe so geng leh, got masters in economy and financial market kah? kikiki typical sozai Malaysian, talk big like so geng tapi tin kosong wakakaka

Posted by hollandking > 2018-11-02 07:55 | Report Abuse

now bursa only

Posted by hollandking > 2018-11-02 07:56 | Report Abuse

wow phd in stockmarket, gengleh

Posted by Bapaklangkau > 2018-11-02 07:56 | Report Abuse

aiyar cry lah all those losers, get ready for 100 point drop

Posted by Albukhary > 2018-11-02 08:07 | Report Abuse

If the losses in stock market can use to offset my annual income, then I think I will be paying 0 taxes for the next 5 years. haha...

Posted by butoamet > 2018-11-02 08:08 | Report Abuse

Albukhary you need be off the market then, or else you will lose all your money hahaha

Posted by Donald J. Trump > 2018-11-02 08:15 | Report Abuse

You will never be as great as the United States!

Posted by hollandking > 2018-11-02 08:16 | Report Abuse

sigh

Posted by Vc Looi > 2018-11-02 08:44 | Report Abuse

Really old uncle

Posted by qqq3 > 2018-11-02 08:46 | Report Abuse

this topic is a time waster.....

Posted by ahbah > 2018-11-02 11:12 | Report Abuse

CGT ... a not smart idea, destroy massive wealth and collect tiny revenue only.

Posted by fl888 > 2018-11-02 11:13 | Report Abuse

CGT for intraday gain will be best ,,,,

Posted by Stock_god > 2018-11-02 11:17 | Report Abuse

ya, now ah pig ah dog also enter market

Posted by Shinnzaii > 2018-11-02 11:26 | Report Abuse

at the end taxed rakyat and rakyat pay for the debts...

Posted by pussycats > 2018-11-02 12:29 | Report Abuse

Oh no, bad news... new taxes...announced...

I get out of my shares now. Bye bye

Posted by chiahs > 2018-11-02 13:27 | Report Abuse

if CGT on, vote to PH no more.... bursa already lembab, still want to introduce taxes.... promote the bursa popularity first lah....

Posted by ahbah > 2018-11-02 22:06 | Report Abuse

No CGT lah. Ribuan terima kasih to DR M n Ah Eng.