Posted by investmalysia > 2020-02-24 11:17 | Report Abuse

Bought at 8.25

Posted by masterus > 2020-02-24 12:15 | Report Abuse

Klse index sliding to 35 points to 1495

Posted by masterus > 2020-02-24 12:16 | Report Abuse

Already below 1500

Posted by masterus > 2020-02-24 12:18 | Report Abuse

Unemployment in industries such as recreational services and air travel could spike between 0.5% and 0.8%, and 1.8% and 3.5% respectively

By ALIFAH ZAINUDDIN / Pic By MUHD AMIN NAHARUL

THE Malaysian Institute of Economic Research (MIER) expects unemployment to rise in tourism related sectors in the first quarter this year as the Covid-19 outbreak continues to disrupt travel plans and supply chains globally.

Based on projections by the local think tank, unemployment in industries such as recreational services and air travel could spike between 0.5% and 0.8%, and 1.8% and 3.5% respectively, with the latter representing the worst-case scenario.

MIER deputy director Prof Dr Jamal Othman said companies affected may consider job cuts to cope with the financial impact of Covid-19.

“From the results that we have, the tourism sector is the most affected. If companies respond rationally from a business perspective, they may need to shed some of their employees.

Posted by charliecharlie > 2020-02-24 12:22 | Report Abuse

Bought at 8.21...let's see how it drop again. :) No hurry to cash out on this counter

Posted by masterus > 2020-02-24 12:28 | Report Abuse

Dow Jones set to drop about 400 points at the open as coronavirus cases outside China surge
PUBLISHED SUN, FEB 23 2020 7:06 PM EST
UPDATED 27 MIN AGO
Eustance Huang
@EUSTANCEHUANG

Posted by masterus > 2020-02-24 12:58 | Report Abuse

Klse index dropped deeper 38 points

Posted by freddiehero > 2020-02-24 13:19 | Report Abuse

still steady..

Posted by masterus > 2020-02-24 13:35 | Report Abuse

Political uncertainty plus Covid-19 issues is double swords stab in the back bones of Klse. So, how can Klse grow?

Posted by masterus > 2020-02-24 13:36 | Report Abuse

No eyes to see.

Posted by ZeaXG > 2020-02-24 14:46 | Report Abuse

Boughted at 8.22 cheap price mang

Posted by LuckyHuatHuat > 2020-02-24 14:46 | Report Abuse

Whoever makes the government, maybank is always protected as everyone's money is in maybank. No worry.

Posted by Shinnzaii > 2020-02-24 14:49 | Report Abuse

Top 30 all bank not yet release QR...friday last due date...watch list next tuesday MPC meeting...

Posted by RainT > 2020-02-24 15:02 | Report Abuse

When MAYBANK to be drop below RM8??

Posted by RainT > 2020-02-24 15:04 | Report Abuse

KLSE drop 43 points

Posted by masterus > 2020-02-24 15:07 | Report Abuse

Bank will not close but their value will keep falling falling down. Like our ringgit keep falling falling.

Posted by masterus > 2020-02-24 15:08 | Report Abuse

Klse index deep 43 points

Posted by masterus > 2020-02-24 15:09 | Report Abuse

Ringgit now worth 4.222

Posted by masterus > 2020-02-24 15:56 | Report Abuse

SEOUL: South Korea reported 161 new cases of the Covid-19 coronavirus, bringing the total number of infected patients in the country to 763, health authorities said on Monday, a day after the government raised its infectious disease alert to its highest level.

Of the new cases, 115 were linked to a church in the southeastern city of Daegu after a 61-year-old woman known as “Patient 31” who attended services there tested positive, according to the Centres for Disease Control and Prevention (KCDC).

Posted by Tedinvestor > 2020-02-24 17:43 | Report Abuse

Tomorrow below 8

Posted by carisozai > 2020-02-24 21:35 | Report Abuse

I have totally lost my respect for Mahathir. It was all a setup, he has taken Malaysian for a ride. Malaysian has given PH the mandate, not him! PH and rakyat fought so hard to overthrow a corrupt government. He throws it away single-handedly in 1 day. What a shame, shame on him for betraying not PH but the rakyat. Rakyat trusted him to put the nation's interest over his personal interest. He betrayed it. I'm flabergasted by his party and certain PH leaders would follow suit doing the same, again betraying the rakyat! Malaysian politicians are simply jokers. Still a laughing stock, the rakyat the joke on Malaysia has ended when PH won 2 years, but the joke on rakyat has just begun.

Worst, aside from cheating the rakyat, Mahathir has cheated almost everyone. He hijacked the PH government noticing UMNO's imminent loss in the last general election. Won the election became the PM, exonerate himself for all BN wrongdoings under his 20 years rule during BN's time. And then take the nation for a ride, 5 years later, jump ship again back to BN, and form a new coalition to win the next general election. He did all this just to protect himself, his sons and cronies from being jailed along with Najib when the PH government sweeping the nation to weed out corruption.

Mahathir does not deserve to be TUN, does not deserve the respect of the rakyat and generations to come. History books will and should not be kind to him.

Posted by Junichiro > 2020-02-24 22:44 | Report Abuse

Read "Sarawak Report"

Posted by masterus > 2020-02-24 22:46 | Report Abuse

(Reuters) - The Dow Jones Industrials index was set to shed nearly 800 points at the open on Monday as investors scurried to safer assets after a surge in coronavirus cases outside China stoked fears of a bigger impact to global growth.

Gold rose to a seven-year high and the inversion between the 3-month and 10-year U.S. Treasury yields deepened as a rise in cases in Iran, Italy and South Korea over the weekend added to fears of a pandemic. An inversion of the curve is a classic recession signal. [US/]

Posted by masterus > 2020-02-24 22:47 | Report Abuse

Klse index tomorrow sure have diarrhoea

Posted by Junichiro > 2020-02-24 22:49 | Report Abuse

At first, ppl said virus is only fr China. Now, they realise we breathe the same air.

Posted by icedvestor > 2020-02-24 22:49 | Report Abuse

http://www.sarawakreport.org/2020/02/malaysias-meltdown-moment-inside-story/

just sharing. Worth a read

Posted by Tedinvestor > 2020-02-24 22:55 | Report Abuse

I hope there will be a fresh election soon. Democratic way

Posted by Tedinvestor > 2020-02-24 22:58 | Report Abuse

Haiz! End of democracy.

Posted by Jeffreyteck > 2020-02-25 01:22 | Report Abuse

Perfect storms, long waited.. Capital protection first.

Posted by ahbah > 2020-02-25 01:39 | Report Abuse

Please make a better Malaysia for all Malaysians. Terima kasih.

Posted by masterus > 2020-02-25 07:12 | Report Abuse

Dow Jones plunges 1,000 points, posting its worst day in two years as coronavirus fears spike
By Rob McLean, Laura He and Anneken Tappe, CNN Business
Updated 4:39 PM EST, Mon February 24, 2020

Posted by carisozai > 2020-02-25 07:23 | Report Abuse

@icedvestor, the Sarawak is not the full story.

The main culprit is MAHATHIR. Azmin is the patsy. A tool!

Think about it,
Why would Mahathir resign now if he is for the nation?
Why would Mahathir resign now leaving Pakatan Harapan/Malaysia in shamble? He could have said "Ok, all plans are off, follow the original plan of power transition in November, it's for the better of the nation" but shockingly he didn't do this. Why?

He purposefully resigned, to destroy Pakatan Harapan and the government indirectly so that he won't be blamed for being a traitor to the nation and people of Malaysia. He will be a laughing stock of the world if he follows the plan leading the new coalition to topple the current government.

His resignation meant the new coalition plan still intact, as he can't get the job done (It's too shameful for him to do so). So resignation is plan B. We the people are still sleeping thinking he is the angel from heaven. Looking back, there were people trying to nominate him for Nobel peace prize, what an f-ing joke that would have been.

If Azmin and Hishammuddin having family members intermarried, don't you think Mahathir have much deep blood ties with UMNO members/leaders.

Mahathir is serving as a protector for many of the crooks in UMNO by becoming the PM. He hijacked the nation knowing that the empire he built has fallen. That's the most cunning and daring tricks he pulled to turn things around where he can almost see him and his sons walking into jail if he didn't do anything in the last General Election.

The coup cannot be succeeded without Azmin, Do you guys watch the movie infernal affairs? Azmin is like the mole the gangster boss planted in the police force.

Mahathir and UMNO leaders are the gangster bosses.

Posted by Tedinvestor > 2020-02-25 07:27 | Report Abuse

Scrip writer, director and main actor. Won all the awards

Posted by Hush77 > 2020-02-25 07:32 | Report Abuse

in our time, there is very few people like Dr M....
he is the last batch of pure politician which put country interest above his own...
he is like Tunku… which care more about the country and above everything else..

Posted by carisozai > 2020-02-25 07:36 | Report Abuse

All the Bersatu leaders (minus Mahathir) and defected PKR leaders (minus Azmin), must wake up and go back to Pakatan Harapan. Otherwise, Malaysia will HANCUR !!! There will be nothing left to fight for.

Posted by carisozai > 2020-02-25 08:08 | Report Abuse

Mahathir is the infernal affair 1 level up, where the gangster boss planted himself into the police force. lol

Posted by Junichiro > 2020-02-25 09:31 | Report Abuse

In times of danger, ppl would forget their differences n band together to face the common adversary. But, there is no such spirit among the politicians here. In face of global slowdown, virus ... they pulled the rug n let the whole house collapse.

Posted by Frontline > 2020-02-25 09:47 | Report Abuse

As Warren Buffett said in his interview

"Don’t buy or sell ‘based on today’s headlines’

If it gives you a chance to buy something you like and you can buy it even cheaper, you’re in good luck,” he said, adding that “you can’t predict the market by reading the daily newspaper.”

Posted by masterus > 2020-02-25 10:08 | Report Abuse

Got big one is menahan the klse from dropping further.

Posted by Jeffreyteck > 2020-02-25 14:43 | Report Abuse

While Tun may continue to be PM, thus stabilize the current situation, but it doesn't solve for medium to long term. Anyway, volatility is always good.

Posted by carisozai > 2020-02-25 18:19 | Report Abuse

I came across this video just now.

Conspiracy of Azmin, Hishamuddin, and Mokhzani (son of Mahathir).
https://www.youtube.com/watch?v=dfT-UgPT_rQ

I think it has vindicated my suspicion Mahathir is the main culprit. He purposely resigned to destroy PH (incumbent government).

Malaysia better prepares for more chaos on the way. But I think this will be the ugliest fight in Malaysian history since 1997. I think a new General Election is on the way if the coup is successful. If the coup is not successful, since Mahathir's wolf tail already showing, he can't sit back and let his empire/sons fall. So, he will try something else to destroy PH anyway, therefore new General Election is imminent.

If PH failed and fall in this new general election, there's nothing left for Malaysia to fight for. It's better Malaysia split into 2, east and west. Let the corrupts take the already developed west Malaysia, the true Malaysian move to East Malaysia (Sabah and Sarawak) and with the help of the international community, let's build a new Malaysia that's free of corruption. Let west Malaysia rot over time.

I think Sabah and Sarawak will be interested in leaving Malaysia for good. Malaysia Merdeka for more than 70 years and they have been poor for 70 years. Furthermore, the wealth of their natural resources has been robbed for 70 years. What good are they to continue to stay with Malaysia?

Posted by carisozai > 2020-02-25 19:45 | Report Abuse

Maybank TP RM 4-5

Posted by carisozai > 2020-02-25 19:59 | Report Abuse

UMNO and PAS in total euphoria pushing for new election, laughing all the way to the bank.

Pakatan Harapan shot themselves in the foot, end up being the biggest losers. and rakyat the bigger losers by giving najib and cronies a chance to escape jail time. Even trump's like wtf? there're politicians dumber than me?

I guess Mahathir dare not to go all in calling new GE because there's a big chance he will lose unless he partner UMNO and PAS which he will never ever join. That's why he proposed unity government. Mahathir has shown his weakness. He don't want new election but just want to remain as PM.

Then this is Pakatan Harapan chance to turn the table around. Reject the unity government plan entirely. Give Mahathir 2 choices only.

Come back to Pakatan, stay PM until next GE, Anwar stay low profile until next GE. sumbat najib and umno cronies masuk penjara dulu. Everything wait until next GE....

OR

Go ALL IN. Push for new general election now. Basically risking everything.
Mahathir will lose without UMNO and PAS
Mahathir will lost too without PH

So, again it will be UMNO, BN + PAS + SS vs PH - SS - BERS - 0.2 PKR.

You do the math. PH chances are bright given Najib is almost 1 foot in jail. If rakyat still sleeping, then too bad for PH.

Posted by carisozai > 2020-02-25 20:00 | Report Abuse

Maybank TP RM 4-5

Posted by linpek > 2020-02-25 21:41 |

Post removed.Why?

Posted by Jeffreyteck > 2020-02-25 21:43 | Report Abuse

The country and rakyat are so blessed as there are so many politicians want to serve us. We must be very grateful. Bursa should touch 2800 level but don't know by when. Thinking positively, if ph failed, the country can stand high in terms of corruption and power abusement as all charges will become baseless and drop, ultimately clear and clean.

Posted by mf > 2020-02-26 05:35 |

Post removed.Why?

Posted by Tedinvestor > 2020-02-26 08:03 | Report Abuse

Election are just month ahead. Stay away from glc counters. An advice from investment fund manager.

Posted by Frontline > 2020-02-26 12:19 | Report Abuse

Dividend 0.32Cents coming

Posted by WarrenPuffet > 2020-02-26 12:35 | Report Abuse

https://www.scmp.com/news/hong-kong/politics/article/3052405/hong-kong-budget-hk120-billion-relief-package-includes?from=groupmessage