Posted by chamlo > 2020-07-20 07:38 | Report Abuse

ACCIM expresses concerns over expiry of loan moratorium to BNM
https://www.theedgemarkets.com/article/accim-expresses-concerns-over-expiry-loan-moratorium-bnm

Posted by mf > 2020-07-20 07:38 | Report Abuse

40 min ago
Brazil reports over 20,000 new coronavirus cases
From journalists Rodrigo Pedroso in São Paulo and Juliana Arini in Cuiabá and CNN’s Taylor Barnes in Atlanta

Posted by burking > 2020-07-22 15:47 | Report Abuse

Wow, all holding at 7.870 , massive fall soon

Posted by EDINVESTOR > 2020-07-23 13:46 | Report Abuse

Don't worry it will drop. Loan default is not price in yet.

Posted by stuggie > 2020-07-23 16:30 | Report Abuse

When the bull breaks it's back on S&P500/KLCI + glove shenanigans blow over, MB with a relatively low beta is gonna plummet alongside with the market

I reckon when q2 comes out p/e <10, p/b may or may not break 1

Posted by DeepValueInvestor > 2020-07-23 22:36 | Report Abuse

Warren Buffett just plowed $800 million into Bank of America, boosting his stake to over 11%

https://markets.businessinsider.com/news/stocks/warren-buffett-just-bo....

Posted by masterus > 2020-07-28 11:24 | Report Abuse

https://www.thestar.com.my/business/business-news/2020/07/28/maybank-issues-200-million-yuan-bonds

Posted by masterus > 2020-07-28 11:26 | Report Abuse

https://goldprice.org/goldprice.org

Posted by masterus > 2020-07-28 11:29 | Report Abuse

As covid-19 moratorium nearly ended. How to do? Gold price is now very high. If holded gold, dump it for cash to rescue ourselves after covid-19 moratorium end.

Posted by newbie4444 > 2020-07-29 04:50 | Report Abuse

Covid19 cases spiked. Better return to MCO again?

Posted by monreyes > 2020-07-29 13:27 | Report Abuse

moratorium extended, banks stock down,...

Posted by icecool > 2020-07-29 15:04 | Report Abuse

moratorium extent banks stock limit down hahaha

Posted by icecool > 2020-07-29 15:11 | Report Abuse

after 3 month can still extent wow my prediction debtors will be 6~24 months behind their payment is true hahaha

Posted by smallkid91 > 2020-07-29 15:18 | Report Abuse

But no limit down la.. no short selling in malaysia.. look at airasia..


smallkid91 @cakapsohaithings imo collect small volume ok la.. but impact of potential defaults after sept from service sector not priced in yet i think..
18/07/2020 10:48 AM

Posted by masterus > 2020-07-29 16:25 | Report Abuse

Us dollar vs Chinese yuan strength.

Posted by masterus > 2020-07-29 16:26 | Report Abuse

Who can replace each other currency position as global currency.

Posted by smallkid91 > 2020-07-29 17:28 | Report Abuse

@masterus haha. The conspiracy theory is that US inflation from money printing will pay off US debts faster :p

Posted by Logen999 > 2020-07-29 18:03 | Report Abuse

Hi need some info,
How much dividends Maybank shares pay each per lot/year for shareholders when the market are normal, ? Thanks.

Posted by yong99 > 2020-07-29 18:18 | Report Abuse

you would find dividend info under disclosures-entitlement from above

Posted by getingreal > 2020-07-29 18:19 | Report Abuse

Last 12 months: Maybank paid 25c a share after tax in Oct and 39c net of tax in May.

Posted by RedEagle > 2020-07-29 20:14 | Report Abuse

Modification Loss Allowance

Posted by masterus > 2020-07-30 12:09 | Report Abuse

Harrison Schwartz
Forex
Market outlook
The End To U.S. Dollar Hegemony Has Arrived
Jul. 28, 2020 11:46 AMFXA, FXB, FXC
Summary
With gold at an all-time high, the U.S. dollar appears to be entering a clear inflationary bear market.
While all major currencies have seen money supply expansion, the U.S. M1 has increased at a significantly greater pace than peers.
U.S. real yields are at an all-time low and are trending lower, while Europe and Japan's are trending higher.
Renewed U.S.-China tensions may exacerbate the dollar's declines as Russia and China create an alternative payment system.
This situation is likely bullish for foreign equity ETFs, U.S. commodity producers, and foreign currency funds.

Posted by masterus > 2020-07-30 12:15 | Report Abuse

U.S. dollar is on edge of losing its position of world's reserve currency as inflation concern in the U.S. is growing. /Reuters

Posted by masterus > 2020-07-30 13:29 | Report Abuse

Physical gold demand drops 11% in Q2 even with record ETF buying
Neils Christensen Neils Christensen
Thursday July 30, 2020 24:02

Posted by masterus > 2020-07-30 13:31 | Report Abuse

BANGKOK, July 24 (The Nation/ANN): Like the situation in Laos, Thai gold shops are seeing a surge in customers after prices for the precious metal hit new highs of over Bt28,000 per baht weight for gold bar and over Bt28,500 per baht weight for gold ornament.

The record prices have sent people flocking to gold shops in Bangkok’s Yaowarat area to sell their jewellery and ornaments, the Gold Traders Association reports.

Posted by DinDin01 > 2020-07-30 15:12 | Report Abuse

Hi Guy, did anyone know when is the QR come out?

Posted by smallkid91 > 2020-07-30 16:41 | Report Abuse

1st small batch check in today :p

Posted by DChosen2 > 2020-07-30 17:05 | Report Abuse

@smallkid91 Hey bro u here lol .. same get abit at lowest price today.

Posted by smallkid91 > 2020-07-30 17:26 | Report Abuse

Lucky for you. I Got some about 7.63.

Only small amounts though. Got a feeling more pains are coming. I have not truly looked into the loan moratorium and service & tourism sector data yet.

Posted by DChosen2 > 2020-07-30 17:32 | Report Abuse

yeah to be safe ... just collect bit by bit.. today's drop caused by Europe market and US dow futures. BTW next interim dividend by next month. Anyhow seem to be good buy unless it drops further below 7.4.

Posted by Endgame > 2020-07-30 17:52 | Report Abuse

Coming soon... Tp 10

Posted by smallkid91 > 2020-07-30 19:01 | Report Abuse

@DChosen2 weekend reading material. Anyway have a greaat holiday!

Posted by mf > 2020-07-30 22:05 |

Post removed.Why?

Posted by Mabel > 2020-07-30 22:09 | Report Abuse

Today I top up Top Gloves, Maybank and PChem..

Market retrace is always good...

Happy Hari Raya Everyone

Meow

Posted by DChosen2 > 2020-07-30 23:04 | Report Abuse

bloodbath in europe n us .. luckily we close tomorrow... finger crossed on monday.

Posted by smallkid91 > 2020-08-01 04:23 | Report Abuse

Fake bloodbath at us haha. Bear traps.

I'm more worried for next couple of quarters. Lots of challenges for malaysia.

Posted by masterus > 2020-08-01 20:23 | Report Abuse

So why is the USD losing its title as the Reserve currency?

Here are my top 5 reasons:


1. Use Of Chinese Currency Growing In Africa
Who do you think Africa's biggest trading partner is? Spoiler alert, it isn't the United States.

In 2009, China became Africa's biggest trading partner, and the country is now aggressively seeking to expand the use of the Chinese currency on the African continent.

A report from Africa's largest bank, Standard Bank, recently stated:

"We expect at least $100 billion (about R768 billion) in Sino-African trade...to be settled in the renminbi by 2021."

China seems absolutely determined to change the way that international trade is conducted. At this point, approximately 70,000 Chinese companies are using the Chinese currency in cross-border transactions.

A number of countries in Africa, among them the Bank of Ghana, are using the RMB as part of their settlement and reserve currency. Earlier this year, the Nigerian central bank reportedly announced that it planned to shift more of its foreign reserves into yuan from dollars as the RMB gains greater traction in global trade.

Posted by masterus > 2020-08-01 20:23 | Report Abuse

2. India To Use Gold To Buy Oil From Iran
Iran has been one of the most aggressive nations to move away from the U.S. dollar in international trade. For example, it has been reported that India will begin to use gold to buy oil from Iran.

Things don't just end there. Reports are also saying that China is more than happy to deal with Iran in their own currency, pushing the wedge that much deeper between Iran and the U.S. after the U.S. exited the 2008 nuclear agreement and started applying sanctions on Iran.

Posted by masterus > 2020-08-01 20:24 | Report Abuse

3. Saudi Arabia Likely to Abandon Use of Petrodollar in Dealings With China
Who imports the most oil from Saudi Arabia? It is not the United States, it is China.

Saudi Arabia and China have teamed up to construct a massive new oil refinery in Saudi Arabia. So the question becomes, how long is Saudi Arabia going to stick with the Petrodollar if China is their most important customer?

This is also spelling danger for the Petrodollar, which has been a key player in the U.S. economy since the Nixon administration, when Henry Kissinger brokered the deal back in the 1970s. However, the expiration date on this deal may be fast approaching.

Posted by masterus > 2020-08-01 20:25 | Report Abuse

4. The United Nations and IMF are Pushing for a New World Reserve Currency
The UN has been issuing reports that openly call for an alternative to the U.S. dollar as the reserve currency of the world. One UN report in particular envisions "a new global reserve system...that no longer relies on the United States dollar as the single major reserve currency."

That may be bold enough, however, the IMF has taken it one step further. One IMF paper entitled "Reserve Accumulation and International Monetary Stability" actually proposed a future global currency named the "Bancor" and stated that a future global central bank could be put in charge of issuing it.

Posted by masterus > 2020-08-01 20:28 | Report Abuse

5. The BRICS Plan To Use Own Currencies When Trading With Each Other
The BRICS (these countries include Brazil, Russia, India, China and South Africa) continue to flex their muscles. An agreement will promote the use of their own national currencies when trading with each other rather than the U.S. dollar. The following is from a news source in India:

"The five major emerging economies of BRICS are set to inject greater economic momentum into their grouping by signing two pacts for promoting intra-BRICS trade...The two agreements will enable credit facility in local currency for businesses of BRICS countries... this is expected to scale up intra-BRICS trade that has been growing at the rate of 28% over the last few years but, at $230 billion, remains much below the potential of the five economic powerhouses."

Posted by limkokthye > 2020-08-02 21:15 | Report Abuse

big fund keep selling

Posted by Endgame > 2020-08-03 12:37 | Report Abuse

Soon later top 1 cap will be topglove... Lol

Posted by getingreal > 2020-08-03 12:48 | Report Abuse

With the Govt. treating banks like charitable institutions to buy themselves votes, then sorry to say its time to run.

Posted by JENNYYEW > 2020-08-03 13:36 | Report Abuse

WHAT SHARE SHOULD I INVEST NOW?

Posted by limkokthye > 2020-08-03 16:24 | Report Abuse

klci drop so much, maybank so strong, faster drop more, i want to buy at % price

Posted by Cyrogx6 > 2020-08-03 16:25 | Report Abuse

JENNYYEW WHAT SHARE SHOULD I INVEST NOW?

kopitiam kaifan shares

Posted by Endgame > 2020-08-03 16:34 | Report Abuse

Foreign fund selling Maybank then go buy topglove... So let's wait the topglove become the top

Posted by Shinnzaii > 2020-08-03 16:49 | Report Abuse

tmr testing 12737.49 and 12701.79 index level...break then more lower...hehe

Posted by profitgrow > 2020-08-03 16:57 | Report Abuse

support is broken