Posted by samsambank > 2017-08-09 07:47 | Report Abuse

KLCI to trend range-bound, immediate hurdle at 1,788 | http://www.klsescreener.com/v2/news/view/265611

Posted by samsambank > 2017-08-09 08:03 | Report Abuse

Fed won’t need to raise interest rates in near term - Bullard | http://www.klsescreener.com/v2/news/view/264745

Posted by joetay > 2017-08-09 08:34 | Report Abuse

bot at the low of last yr and now just sit back, watch show.

Posted by joetay > 2017-08-09 08:35 | Report Abuse

@shortinvestor77,

ur tp is the highest i have seen, even higher than investment banks'.

Posted by Elfkone > 2017-08-09 09:17 | Report Abuse

What happened today?

Posted by shortinvestor77 > 2017-08-09 10:29 | Report Abuse

Joetay, even at RM15, Maybank can still provide more than 3% dividend. That is one reason. After all, it is the largest and strongest bank here. Market should consider that.

Posted by shortinvestor77 > 2017-08-09 10:32 | Report Abuse

http://klse.i3investor.com/m/blog/sin_chew_hot_stocks/129564.jsp

Posted by shortinvestor77 > 2017-08-09 10:33 | Report Abuse

The above are the extra values of Maybank.

Posted by masterus > 2017-08-09 13:11 | Report Abuse

Hong Kong dollar hits 10-year low against greenback
City's currency suffers sell-off for higher-yielding US dollar and yuan
JOYCE HO, Nikkei staff writer

HONG KONG -- The Hong Kong dollar hit its weakest level against the greenback in a decade on Tuesday, as flush liquidity continued to curb Hong Kong money market rates and spurred carry-trades for the higher-yielding dollar and yuan.

The local currency, pegged at 7.75-7.85 to the dollar, edged beyond 7.82 for the first time since August 2007, when the U.S. subprime mortgage crisis erupted. It breached the mid-point of the trading band in June, after a sustained devaluation since January.

The Hong Kong dollar is one of the few currencies in the region that has devalued against the U.S. dollar year-to-date, along with the Philippines peso and Sri Lankan rupee. It has so far weakened by 0.89%, while the Japanese yen and Australian dollar have risen 5.4% and 9.76% respectively.

"The recent weakness in [the Hong Kong dollar] is clearly a 'pricing phenomenon' on the back of a continued widening in the interest rate differential between the U.S. and Hong Kong," wrote Irene Cheung, senior strategist for Asia at the Australia and New Zealand Banking Group, in a note on August 4.

Posted by Amit Khindriya > 2017-08-09 14:22 | Report Abuse

shorty...happy to see you here also.
Maybank heading for RM15?

Posted by masterus > 2017-08-09 17:20 | Report Abuse

Washington (CNN)North Korea's military is "examining the operational plan" to strike areas around the US territory of Guam with medium-to-long-range strategic ballistic missiles, state-run news agency KCNA said early Wednesday local time.

Specifically, the statement mentioned a potential strike on Andersen Air Force Base designed "to send a serious warning signal to the US."

Posted by Junichiro > 2017-08-09 19:23 | Report Abuse

All these Kim's drama. If he dares to launch a strike at Guam, The US will bomb Kim back to the bronze age if not the stone age.

Posted by joetay > 2017-08-09 20:00 | Report Abuse

@junichiro,

exactly.

so my logic is very simple.

if an nk missile is launched at guam, us is bound to retaliate with tactical nuke.

so conclusion is very simple, fat fat boy kim knows that he will most likely be killed if he launches a missile, so why would he want to court his own death? better be alive and squeezed his poor people dry while enjoying his billions.

so i laugh at all the scaremongering analysts who cant model out such a simple game.

Posted by joetay > 2017-08-09 20:03 | Report Abuse

@shortinvestor77,

thats why i relaz and watching show now.

i just want to see how high it can go b4 i unload it. meantime, just enjoy the dividends or drs if price is rite.

Posted by Jason520 > 2017-08-09 22:53 | Report Abuse

Banks are moving towards direction of spinning off their insurance stakes. Foresee maybank will also sell its biggest insurance & takaful arm (Etiqa). This will potentially result in special dividend or capital repayment. BUY!!!

Posted by anonboy > 2017-08-10 09:10 | Report Abuse

https://www.cnbc.com/2017/08/09/why-markets-arent-overly-concerned-with-the-north-korea-situation-yet.html

Posted by anonboy > 2017-08-10 09:12 | Report Abuse

Nikkei, Japanese Index, is up.

Posted by Good_stock > 2017-08-10 09:24 | Report Abuse

Switching my portfolio to Petronm given its surprising 2q result soon......

Please refer to https://klse.i3investor.com/blogs/david_petronm/129620.jsp

Posted by tecpower > 2017-08-10 11:45 | Report Abuse

Asia stocks steady as Korea risk aversion settles | http://www.klsescreener.com/v2/news/view/266401

Posted by shortinvestor77 > 2017-08-10 12:24 | Report Abuse

http://www.klsescreener.com/v2/news/view/266517

Posted by shortinvestor77 > 2017-08-10 12:24 | Report Abuse

OMG. Maybank is the best bank.

Posted by meistsk3134 > 2017-08-10 16:47 | Report Abuse

Public and comb is best bank

Posted by Gabriel Khoo > 2017-08-10 23:14 | Report Abuse

More to come (mbb)

Posted by shortinvestor77 > 2017-08-11 09:17 | Report Abuse

http://www.klsescreener.com/v2/news/view/266983

Posted by shortinvestor77 > 2017-08-11 15:56 | Report Abuse

On the banking stocks, MIDF said the favourites were CIMB Group Holdings Bhd, Malayan Banking Bhd and Public Bank Bhd that saw inflows amounting to RM1.7bil, RM1.43bil and RM76mil respectively from the fourth quarter of last year to the second quarter of 2017.

PETALING JAYA: The major beneficiaries of foreign fund inflows this year consist mainly of banking, oil and gas (O&G), and gaming related stocks, statistics cited by MIDF Research showed.

For the banking stocks, MIDF said the favourites were CIMB Group Holdings Bhd, Malayan Banking Bhd and Public Bank Bhd that saw inflows amounting to RM1.7bil, RM1.43bil and RM76mil respectively from the fourth quarter of last year to the second quarter of 2017.

In the O&G sector, MIDF said that players which benefited from inflows were not only the downstream players but also integrated oil and gas services providers along with shipping providers.

“Downstream players such as Petronas Chemicals Group Bhd may have attracted foreign funds partly due to high plant utilisation rate of 99%, strong average selling prices of its products which grew by 22% year-on-year and higher production and sales volume of 16% yoy,” it said.

Genting Bhd recorded the highest inflow during the period between the fourth quarter of 2016 and the second quarter of this year.

Posted by limkokthye > 2017-08-11 16:24 | Report Abuse

fatty kim really trouble maker, just because of him, make the market scare

Posted by joetay > 2017-08-11 22:34 | Report Abuse

@limkokthye,

must thx fat boy also.

if mkt dont come down, how to add positions?

Posted by shortinvestor77 > 2017-08-12 12:45 | Report Abuse

Dow Jones 21,858.32 +14.31 0.07%
Nasdaq 6,256.56 +39.68 0.64%

Posted by shortinvestor77 > 2017-08-12 12:46 | Report Abuse

https://www.washingtonpost.com/world/china-warns-north-korea-youre-on-your-own-if-you-go-after-the-us/2017/08/11/a01a4396-7e68-11e7-9026-4a0a64977c92_story.html?utm_term=.8a14c4f61f01

Posted by shortinvestor77 > 2017-08-12 12:46 | Report Abuse

No show for NK and US. No worry.

Posted by joetay > 2017-08-12 12:52 | Report Abuse

@shortinvestor77,

why u expecting to see fireworks????

lol......

even if there is, i will still add on positions.

Posted by curious2 > 2017-08-12 13:07 | Report Abuse

Lotte drop RM 2 from IPO 6.5 or Maybank stabilising price. Maybank really no loss?

Posted by Sales > 2017-08-13 12:52 | Report Abuse

Investor no confidence....see China stock what happen????

Posted by Beza > 2017-08-14 09:16 | Report Abuse

Feisal also clarified that the group’s liquidity coverage ratio, which measures how sufficiently banking institutions hold high-quality liquid assets to withstand an acute liquidity stress scenario over a 30-day horizon, stood at 134% as at end-March 2017. This was well above the Bank Negara requirement of 80% for the year 2017.
Read more at http://www.thestar.com.my/business/business-news/2017/08/14/maybank-loantodeposit-ratio-at-comfortable-level/#4yOCu4WCiD6zOkQq.99

Posted by Beza > 2017-08-14 09:17 | Report Abuse

PETALING JAYA: Malayan Banking Bhd said its loan-to-deposit ratio (LDR), a key measure of the bank’s liquidity, is at a “comfortable” level.
In a statement, the country’s biggest bank said its LDR stood at 94.7% as of end of March, which is much lower than the figure that was quoted by a foreign newswire article last Friday.
“To state that our LDR ratio is approaching 101% is wrong and can lead to misunderstanding among our stakeholders, including our customers, shareholders and regulators,” Maybank group chief financial officer Datuk Amirul Feisal Wan Zahir said.

Read more at http://www.thestar.com.my/business/business-news/2017/08/14/maybank-loantodeposit-ratio-at-comfortable-level/#4yOCu4WCiD6zOkQq.99

Posted by masterus > 2017-08-14 10:33 | Report Abuse

ANALYSIS | 00:07 GMT
Disappointing U.S. Inflation sends U.S. Dollar lower
OzForex Research OzForex Research
OzForex Foreign Exchange
AUD / USD
Expected Range: 0.7850 – 0.7950

The Australian Dollar edged marginally higher into the close on Friday briefly edging back through 0.79 U.S cents. With little domestic data on hand to drive direction the AUD remained at the mercy of wider risk flows and touched intraday lows at 0.7844. As global political tensions escalate investors continued to seek haven assets bolstering demand for the CHF and JPY dampening demand for the AUD as a carry trade option. However weaker U.S inflation data helped fuel a late upturn and drove the AUD through 0.79 to touch intraday highs at 0.7908. Consumer prices rose at a slower pace than expected in July stifling investors’ expectations for multiple Federal Reserve rate hikes into the end of the year. Opening this morning buying 0.7889 U.S cents attentions now turn to Tuesday’s RBA meeting minutes and Thursday’s labour market data for direction through the week ahead.



NZD / USD
Expected Range: 0.7250 – 0.7350

The New Zealand Dollar rallied into the close on Friday bolstered by softer than anticipated U.S inflation data. Having touched intraweek lows at 0.7258 the Kiwi’s weekly decline stalled as consumer prices in the U.S advanced at a slower pace than anticipated throughout July. The softer print forced a wider USD sell off and allowed the New Zealand dollar to move back through 0.73. Attentions now turn to today’s domestic retail print for direction into the start of the week.



GBP / AUD
Expected Range: 1.6400 – 1.6600

The Great British Pound finished the week weaker against the Greenback, for a second consecutive week, dominated by risk aversion. The Sterling reached a Friday low of 1.2939. Looking ahead this week on the local data front all attentions turn to Tuesdays July inflation figures with CPI and PPI scheduled. On Thursday we will see the release of retail price index also for the month of July. The GBP/USD pair is currently trading at 1.3007. We now expect support to hold on moves approaching 1.2980 while any upward push will likely meet resistance around 1.3030.

Posted by Seng Thye Ng > 2017-08-14 10:43 | Report Abuse

it a 10.00 counter... nothing to worries....
if War coming than no choice.....all the counter will down tooooooo

Posted by Beza > 2017-08-15 09:01 | Report Abuse

Dow Jones 21,993.711 +135.39 0.62%
Nasdaq 6,340.23 +83.68 1.34%

Posted by shortinvestor77 > 2017-08-15 10:02 | Report Abuse

Where is goldentriangle? Dead already?

Posted by luckyparit > 2017-08-15 11:28 | Report Abuse

Any idea how is the coming quarterly result looks like?

Posted by masterus > 2017-08-15 17:23 | Report Abuse

KUALA LUMPUR, Aug 15 — The ringgit is expected to return to its ‘fair value’ in the second half of this year, much earlier than initially expected in the first half of 2018, according to Standard Chartered’s (StanChart) latest Global Research report released today.
The report showed that the ringgit remained highly attractive from a valuation standpoint.
“This is particularly relevant in an environment where investors, in their search for yield, are settling for assets with stretched foreign exchange (FX) valuations elsewhere in emerging markets,” it said.
StanChart justified that it had a short- and medium-term “overweight” FX weightings on the Malaysian currency.
It recently estimated the ringgit to trade at 4.20 against the US dollar in the third quarter this year and 4.10 at end-2018.

Posted by meistsk3134 > 2017-08-15 20:38 | Report Abuse

http://www.news.com.au/world/missile-alarm-us-satellites-observe-north-korea-moving-missiles-into-position-mattis-warns-of-high-alert/news-story/ff9e0926f948b56c660b718e949993fa

Posted by Hunger > 2017-08-16 09:48 | Report Abuse

this meistsk3134 go everywhere also spread north korea news,but fact is this got nothing to do with bursa.funny fella..maybe forgot to eat medicine become dog woof woof here and there

Posted by masterus > 2017-08-16 15:06 | Report Abuse

Londonbisc net total assets worth 2.18 while its stock market at 0.765. Still worth to invest.

Posted by Seng Thye Ng > 2017-08-16 15:13 | Report Abuse

if got extra bullet why not ? it is 10.50 counter......

Posted by samsambank > 2017-08-17 08:30 | Report Abuse

KLCI seen trending higher, immediate hurdle at 1,775 | http://www.klsescreener.com/v2/news/view/269331

Posted by samsambank > 2017-08-17 08:38 | Report Abuse

A rate hike in September in the US is unlike to happen.

Posted by masterus > 2017-08-17 10:04 | Report Abuse

Select Language​▼
CORPORATE
FROM THE EDGE
Credit Suisse sees ringgit improve to 4.10 over next few months
Sulhi Azman
/
The Edge Financial Daily

August 17, 2017 09:51 am MYT

This article first appeared in The Edge Financial Daily, on August 17, 2017.
-A+A
KUALA LUMPUR: Credit Suisse expects the ringgit to trade at 4.10 against the US dollar “over the next few months”, with the country’s upcoming stronger-than-expected economic growth to provide support for the local currency.

“Combined with [the] recently high oil prices and improving August trade seasonality, this helps to keep us constructive on the ringgit, targeting 4.10 versus the US dollar over the next few months,” Credit Suisse’s two fixed income analysts Ray Farris and Trang Thuy Le said in its regional Asia foreign exchange (forex) strategy report yesterday.

Credit Suisse’s forecast of the ringgit was in line with the most recent estimate by Standard Chartered plc (StanChart).

Yesterday, StanChart forex strategist Divya Devesh forecast the ringgit to rebound to a fair value of 4.10 against the US dollar by the year end, adding that he remains “overweight” on the local currency.

The ringgit has rebounded by 4.4% from 4.4938 recorded on Jan 4, 2017.

As for the country’s economic growth — measured by gross domestic product (GDP) — Credit Suisse forecasts the Malaysian economy to grow by 6% in the second quarter of this year (2Q17). This is well above the consensus estimate of 5.4%, and 5.6% that the country managed to chalk in 1Q17.

Posted by Dragonpick > 2017-08-17 14:05 | Report Abuse

Switching most of it to Petronm to take advantage of strong upsurge soon.

Posted by Beza > 2017-08-18 14:02 | Report Abuse

The finance & insurance and business services stepped expanded 5.1% and 8.5% respectively.
http://klse.i3investor.com/blogs/kianweiaritcles/130290.jsp