Posted by calvintaneng > 2020-10-06 09:48 | Report Abuse

Cannot buy bank stocks due to these factors

1. Low interest rate is harmful for banks just as low oil prices bad for Saudi Arabia and Petronas

2. Loan moratorium is a form of national service
Good for rakyat bad for banks

3. The closure of airlines, hotel and tourism business will throw up more loan defaults leading to higher Bpl

4. Warren Buffet foresee danger sold off 9 banking stocks

So keep safe

Posted by calvintaneng > 2020-10-06 09:49 | Report Abuse

Not bpl but Bpl

Npl - non performing loans