Posted by xxxx > 2020-10-25 04:06 | Report Abuse

Billion airs? No, billion hairs!

Posted by Jeffreyteck > 2020-10-25 08:30 | Report Abuse

Europe banks may continue to stop paying dividend. Will local banks follow similar trend? Ambitious low TP, quite unlikely unless sudden change on significant issues or natural disasters. Q3 Q4 Q1 results are expected to be poor yoy.
Trading range 6.00_7.00. Volume will increase when price begins to drop.

Posted by NoNonsenseHere > 2020-10-25 14:15 | Report Abuse

Vaccines not working, hotels bankrupt, airlines bankrupt, construction companies bankrupt, travel agencies selling fish now, universities begging for students, banks cannot lend.

Meanwhile the only stocks thriving on Bursa are Gloves with BILLIONS of ringgit of profits because of great companies like Supermax and Top Glove.

Phenomenal.

Posted by tkl88 > 2020-10-25 22:22 | Report Abuse

Superb Good News !
Emergency plan was rejected !
Like that tommorrow KLSE & Maybank will spike up like mad already liao lah !

The Straits Times

https://www.straitstimes.com/asia/se-asia/live-coverage-malaysia-to-decide-on-emergency-measures

Live: Muhyiddin's emergency plan rejected by Malaysia's King

Malaysia's King has rejected a proposal by Prime Minister Muhyiddin Yassin for a state of emergency to be imposed because of the coronavirus crisis. Follow the latest updates here.

6.40pm
Malaysia King says no need at this time to declare emergency

Malaysia’s king, Sultan Abdullah Ahmad Shah, on Sunday rejected a proposal by Prime Minister Muhyiddin Yassin for a state of emergency to be imposed because of the coronavirus crisis.
The palace said the Malaysian government has managed the pandemic well and is capable of continuing to manage the crisis under PM Muhyiddin Yassin, reported Reuters.
The king also reminded politicians to stop all politicking that could affect the stability of the country.

Posted by Keyman188 > 2020-10-26 08:53 | Report Abuse

Whoever chase in market today sure axe your neck after 15 min...

Today very high possibility heading Black Candlestick Pattern....

Posted by aliyusof > 2020-10-26 09:08 | Report Abuse

Nothing unsual on what happened yesterday. Back to status like before, with current PM even stronger as King warned other MP not to destabilze his present government and asking budget to be approved in a indirect way and giving him credit to covid 19 fight. Back to lousy comatose cabinet to improve economy. Economy will be going down and down.

Posted by Alfonso > 2020-10-27 16:37 | Report Abuse

1st to comment in late evening of 27th October 2020, hopefully there are someone to comment as a closing for this beautiful evening.

Posted by Jeffreyteck > 2020-10-27 17:28 | Report Abuse

BN’s Padang Besar MP Zahidi Zainul Abidin should reflect on himself before saying that the current political crisis is due to the people who wrongly voted for Pakatan Harapan in the 2018 general election, PKR’s Ledang MP Syed Ibrahim Syed Noh (above) said..... lol. Quality of leaders partially reflected on the currency strength? That answer the quality as more people tolerate or acceptable to possible corruption.

Tiger trading range 6.50_7.50 amid ongoing political stability issues.

Posted by NoNonsenseHere > 2020-10-27 18:35 | Report Abuse

-
Local analysts won't write anything yet.
Whenever a company like Supermax overperform, companies like The Star won't report it straight away.
Because they want to buy it themselves.

When a company like Harta underperform, The Star will write big news about Harta because they want to sell Hartalega.
https://www.thestar.com.my/business/business-news/2020/10/27/hartalega039s-strong-earnings-boost-klci

You see when Harta results came out, The Star straight away reported good news about them even though Harta's profits are terrible.

When Supermax spectacular results released, they keep quiet. Because they need time to pick up Supermax.

Posted by xing > 2020-10-28 11:35 | Report Abuse

expects Bank Negara Malaysia (BNM) to cut the overnight policy rate (OPR) by another 25 basis points (bps) in the upcoming Monetary Policy Committee (MPC) meeting scheduled on Nov 3.

Posted by masterus > 2020-10-28 15:44 | Report Abuse

The Monetary Authority of Singapore's Central Digital Currency project code-named "Ubin" has completed its final phase. Ubin is a collaborative project with industry to explore the use of Blockchain and Distributed Ledger Technology for the clearing and settlement of payments and securities, using a digital version of the Singapore dollar. The project concluded with the key finding that an international settlement network, modelled after this payment network prototype, could enable faster and cheaper transactions compared to conventional cross-border payment channels, proving commercial potential.

Posted by masterus > 2020-10-28 15:45 | Report Abuse

Also in the process of development, the People's Bank of China's e-yuan has already been used for more than 1.1 billion yuan worth of transactions as part of a series of ongoing pilot programmes. The Digital Currency Electronic Payment would allow consumers and businesses to pay for goods with e-wallets rather than traditional banknotes.

Posted by masterus > 2020-10-28 15:46 | Report Abuse

Most recently, the European Central Bank had announced that it will start experimenting with a digital version of the euro, while holding a public consultation with targets to decide whether to launch a digital euro project towards mid-2021. ECB President Christine Lagarde was quoted saying: "The euro belongs to Europeans and we are its guardians. We should be prepared to issue a digital euro, should the need arise."

Posted by BigDaddy88 > 2020-10-29 00:19 | Report Abuse

so KLSE gonna gap down on Friday? lol

Posted by masterus > 2020-10-29 06:35 | Report Abuse

Taiwan Dollar Tops Nine-Year High as Policymakers Allow Appreciation

Posted by aliyusof > 2020-10-29 08:07 | Report Abuse

Dow Jones down 943 points !

Posted by masterus > 2020-10-29 19:26 | Report Abuse

BRUSSELS — France announced a second nationwide lockdown and Germany moved to the very edge of one on Wednesday, testing their pandemic-weary populations as they tried to stop a mounting new wave of coronavirus infections from swamping hospitals and undoing hopes of economic recovery.

The new measures followed on the heels of severe new restrictions in other European countries, from Belgium to Italy to the Czech Republic. While they mostly fell short of the total lockdowns of the spring — a “lockdown lite,” the Germans called it — they raised the specter of a dark winter of relative confinement, leaving leaders in Paris and Berlin pleading with their frustrated publics to follow the new rules.

Posted by masterus > 2020-10-29 19:30 | Report Abuse

LONDON: Coronavirus cases in England are now doubling every nine days, official figures showed Thursday, with the sharply increasing death toll piling pressure on the government to take national action.

Another 310 deaths of those testing positive for the virus were reported Wednesday – the second consecutive day of more than 300 fatalities.

Posted by canbuyla > 2020-10-29 20:28 | Report Abuse

NPL are shooting to the moon ...no money to eat how to pay loan...die

Posted by charchar > 2020-10-29 23:02 | Report Abuse

I just signed up a nominee account with Maybank. Any sifu here can teach me how to buy with Contra account?

Posted by masterus > 2020-10-30 09:13 | Report Abuse

Where in Europe is in lockdown?
Nearly all of Europe currently have some form of restrictions in place, with a few exceptions, including Sweden, Norway, and parts of Eastern Europe.

Poland has imposed a “red zone” lockdown, resulting in the closure of primary schools and restaurants.

Italy has moved to close bars and restaurants by 6pm each evening, and other recreational centre’s like swimming pools and gyms are also closed

Spain is ordering residents to stay at home between the hours of 11pm and 6am, with the exception of the Canary Islands.

The Czech Republic has imposed a partial lockdown.

Posted by apanama > 2020-10-30 09:35 | Report Abuse

See you at RM 6.00

Posted by Alfonso > 2020-10-30 12:51 | Report Abuse

Low to the the lowest!

Posted by BuahCiku > 2020-10-30 14:27 | Report Abuse

Aiyo...sure or not....apanama shouting so loud...see you at rm6..see you at 4.40...when can see it.. No 1 bank selling at so cheap kah...around rm7 is reasonable price lah....can buy lah ..sell if can get 5% to 8%..better than put your money in Maybank FD lah...lol...aiyoyo...kikiki

Posted by superman_ > 2020-10-30 15:13 | Report Abuse

Is not wise to choose park your money at Bank counter now.

Posted by Stockhunter88 > 2020-10-30 15:16 | Report Abuse

Calling national team
National team report in, Roger

Posted by jonathanchee > 2020-10-30 15:23 | Report Abuse

next week easily reach RM6.8 purchase now is stupid

Posted by abcd123 > 2020-10-30 15:30 | Report Abuse

Should exit and monitor the coming 2 quarter report ? TQ

Posted by aoisky > 2020-10-30 15:49 | Report Abuse

now equaling 52 weeks low, further drop next week after MPC meeting ?

Posted by samad > 2020-10-30 17:38 | Report Abuse

Hati ku mau beli lagi
Namun tak cukup cash sudah

Posted by NoNonsenseHere > 2020-10-30 18:33 | Report Abuse

-
Supermax, the power of RM800 million profit.

CIMB Bank Market Cap = RM29 billion
CIMB profit = RM272 million

Supermax Market Cap = RM26 billion
Supermax profit = RM800 million

Next quarter Supermax expected to do RM1.2+ billion PAT

Posted by SharkEatU > 2020-10-30 18:35 | Report Abuse

Just wait AT RM5

Posted by DChosen2 > 2020-10-30 22:46 | Report Abuse

BNM gonna reduce OPR again .. looks like bleeding wont stop so fast.

Posted by Start_0f_the_bull > 2020-10-31 05:31 | Report Abuse

How long will RM7 substain? Let's wait and see.

Posted by mf > 2020-10-31 06:07 |

Post removed.Why?

Posted by Zuliana > 2020-10-31 07:29 | Report Abuse

Wah... waiting at Rm5 or below 5.
Wishing all lucky here.

Posted by Zuliana > 2020-10-31 07:31 | Report Abuse

I need a tame hari mau.
Hari hari mau makan mangsa= harimau ini.

Posted by tollebunsmith > 2020-10-31 12:43 | Report Abuse

waiting for rm4... yes.. grab all at rm4

Posted by tollebunsmith > 2020-10-31 12:44 | Report Abuse

Buy at 4 and sell to kwsp for rm 8.. 100k makes 200k

Posted by abcd123 > 2020-10-31 16:59 | Report Abuse

what is your opinion comparing currently situation with 2008/9 financial crisis ? TQ

Posted by samad > 2020-10-31 20:52 | Report Abuse

Beli slow slow simpan long longer

Posted by samad > 2020-10-31 20:53 | Report Abuse

Look long term

Posted by samad > 2020-10-31 20:54 | Report Abuse

30% in now
Down lagi, 30% more
Down lagi, all in.

Posted by cheated > 2020-11-01 05:50 | Report Abuse

Share market and job market bad only cheating govn say they do good job.

Posted by RainT > 2020-11-01 08:05 | Report Abuse

7.00 buy one batch

below 7.00 buy another one batch

Posted by tkl88 > 2020-11-01 14:22 | Report Abuse

Covid-19: Malaysia reports 659 new cases, 80.3% from Sabah; daily recoveries hit record 1,000

Ahmad Naqib Idris/theedgemarkets.com
October 31, 2020 18:15 pm +08

https://www.theedgemarkets.com/article/covid19-malaysia-reports-659-new-cases-today-803-or-529-sabah-recoveries-hit-new-daily-high

KUALA LUMPUR (Oct 31): Malaysia reported 659 new Covid-19 infections today, 80.3% or 529 of which came from the worst-hit state of Sabah, while the Klang Valley contributed 10.6% or 70 cases. This raised the country's cumulative positive cases to 31,548, according to the Ministry of Health (MoH).
The number of recoveries hit 1,000 today — the country's highest so far in a day — as recoveries exceeded new infections for the second day in the past four days; on Thursday, recoveries came in at 685 versus 649 new infections.
This means a total of 21,248 patients have recovered so far, yielding a recovery rate of 67.4% of total confirmed cases.
As for active cases, which carry transmission risk, the tally is now down to 10,051 from 10,392 yesterday.
The death toll, meanwhile, remained at 249 or 0.8% of total infections, with no new additions.
No new infection clusters were reported today, according to the MoH. This means the number of active clusters remains at 33, while 114 clusters have ended.
In Sabah, 205 cases originated from existing clusters, while 203 cases were discovered via contact tracing and 121 infections were discovered from other Covid-19 screening tests.

Selangor saw 55 new cases, 18 of which came from existing clusters, followed by 22 from contact tracing, and 15 from other Covid-19 tests.
Labuan and Kuala Lumpur saw 12 and 11 cases respectively, followed by Sarawak (nine cases), Perak (six), Putrajaya (four), Kedah (two), Pulau Pinang (two), Terengganu (two), Pahang (one) and Kelantan (one).
Meanwhile, 137 cases or 20.8% of total infections today were linked to the prison clusters and temporary detention centres, namely the Kepayan cluster (26 cases) and the Rumah Merah cluster (111 cases).
Of the 659 cases reported today, one was an imported infection involving a foreigner who travelled from Bangladesh.

Declining R0
During the question and answer (Q&A) session today, MoH director-general Tan Sri Dr Noor Hisham Abdullah said Malaysia's R0, which measures the contagiousness of the virus, was brought down to 1.5 last week — from 2.2 at the start of the third wave of infections. A higher R0 translates into a higher rate of infection in the community.
For comparison, the second wave had an R0 rate of 3.55.
“Based on the projection for R0 of 1.5, daily new cases should be 1,357. If the R0 is 1.0, it should be 950 cases per day. However, we have been seeing daily cases of below 950 — at 799 yesterday and 659 today. So our R0 is currently below 1.0.
“This means that the measures that have been enforced under the CMCO (conditional movement control order) for the past two weeks — that is, by allowing economic sectors to operate while toning down social, education and sports activities — have resulted in a lower rate of infection,” he added.
Tan Choe Choe

Posted by tkl88 > 2020-11-01 14:33 | Report Abuse

Covid-19: Malaysia’s recovery on track, infectivity rate decreasing, says Health DG
* NATION
* Saturday, 31 Oct 2020 
7:00 PM MYT By TARRENCE TAN and AUSTIN CAMOENS

https://www.thestar.com.my/news/nation/2020/10/31/covid-19-malaysia-on-track-of-recovery-infectivity-rate-decreases-says-health-dg

PUTRAJAYA: Despite daily three-digit Covid-19 infection figures in the country, Health director-general Tan Sri Dr Noor Hisham Abdullah says Malaysia is on the road of recovery.
This was because the projected figures were much lower than expected, as the Health Ministry was predicting a four-digit spike of 1,357 cases on Thursday (Oct 29), based on the 1.5 infectivity rate, or known as the R nought (R0), said Dr Noor Hisham.

If the R0 level was at 1.0, Dr Noor Hisham said Malaysia would have gotten 950 cases on Oct 30 and 955 cases on Oct 31.
“But, there were only 659 cases on Oct 31. This means our R0 level is less than 1.0, ” said Dr Noor Hisham during a press conference at the Health Ministry in Putrajaya on Saturday.

“This meant that the conditional movement control order (MCO) that allows only the economic sector to function has a positive effect on reducing our R0 level to 1, ” he added.
For an R0 level of 1, it means that each Covid-19 patient will infect one other person.
Dr Noor Hisham also credited the lowered R0 level to the efforts of the Health Ministry, adding that they are now targeting to reduce the infectivity level to 0.3.
Dr Noor Hisham also urged Malaysians to play their role in ensuring SOPs are adhered to in order to curb Covid-19.

Posted by mf > 2020-11-01 14:34 |

Post removed.Why?

Posted by tkl88 > 2020-11-01 14:56 | Report Abuse

Wow, Superb Good news !
Covid-19=>Malaysia’s recovery on track !
Furthermore next week is budget 2021 week and US presidential election will be over next week Wednessday !
So, next week start onwards will be the bull market for world stock markets including Malaysia’s KLSE !

Huat ah ! Heng ah ! Ong ah !

Posted by Zuliana > 2020-11-01 18:29 | Report Abuse

My hari mau.
Hari hari mau makan.