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5 comment(s). Last comment by Serious 2022-01-25 13:36
Posted by firehawk > 2022-01-24 08:39 | Report Abuse
Malayan Banking (Maybank)+ CIMB + RHB + .... with a combined exposure of US$600 million (RM2.5 billion) = RM2,500,000,000 only!
Posted by Plantermen > 2022-01-24 10:01 | Report Abuse
Banks bottomline will be hit by the unsecured loans to Genting HK
Posted by Serious > 2022-01-25 13:36 | Report Abuse
Maybank denies financial woe imminent due to Genting HK exposure
Monday, 24 Jan 2022 02:54 PM MYT
https://www.malaymail.com/news/malaysia/2022/01/24/maybank-denies-it-will-face-financial-trouble-on-genting-hong-kong-exposure/2037185
No result.
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save malaysia!
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BFM Podcast
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BFM Podcast
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BFM Podcast
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CS Tan
4.9 / 5.0
This book is the result of the author's many years of experience and observation throughout his 26 years in the stockbroking industry. It was written for general public to learn to invest based on facts and not on fantasies or hearsay....
calvintaneng
56,552 posts
Posted by calvintaneng > 2022-01-24 08:35 | Report Abuse
After the collapse of gloves due to Asp discount and total glut by China glove price war
After the collapse of Tech due to Fed withdraws from money printing and raise interest rate that pricked the Tech superbubble
Next will be the collapse of banks due high Npl turning into bad debts which will cut dividend and result in price falling
Glove = Tech = Banks
Their turn to go down imminent