Posted by tkl88 > 2020-11-26 20:35 | Report Abuse

Budget 2021 approved by Dewan Rakyat

Ahmad Naqib Idris/theedgemarkets.com
November 26, 2020 15:32 pm +08
https://www.theedgemarkets.com/article/budget-2021-approved-dewan-rakyat

Posted by tkl88 > 2020-11-26 20:35 | Report Abuse

KUALA LUMPUR (Nov 26): After a heated session during Finance Minister Tengku Datuk Seri Zafrul Tengku Abdul Aziz’s wrapping-up speech on Budget 2021, the bill was approved at the policy stage.
Towards the end of the session, Dewan Rakyat Speaker Datuk Azhar Azizan Harun asked for a show of hands of those for and against the budget, and decided that there were more Members of Parliament (MPs) who agreed with the budget, although Pokok Sena MP Datuk Mahfuz Omar interjected and motioned for a tally of the votes.
However, this required 15 MPs to support the call for a tally. Only 13 stood up in support of the tally, according to the Speaker.
“There are fewer than 15 people [supporting the call for a tally]. There are more voices [in agreement with the budget]. The bill will see its second reading now,” he said.
The wrap-up by the minister was a heated one as ruling and opposition MPs furiously interjected for clarifications of certain issues, including the expansion of the Employees Provident Fund's (EPF) i-Sinar facility to include those receiving pay cuts due to the Covid-19 pandemic.
Subang MP Wong Chen claimed that the EPF’s inflows amount to no more than RM20 billion per year, and therefore could not cover the total increased allocation of RM70 billion for the i-Sinar facility.
“Where is the EPF going to find the extra RM50 billion? Are they going to sell their shareholdings in listed companies on Bursa Malaysia? If this hits the headlines tomorrow, we will have a big problem,” he said.
However, Tengku Zafrul clarified that the EPF is seeing inflows of RM80 billion per year, adding that the Ministry of Finance (MoF) had looked into the matter.
“I would like to correct the facts. We conducted a detailed analysis of this for over a week. Actually, the inflows are not RM20 billion, RM30 billion or RM40 billion. It is RM80 billion per year,” responded the minister.
Following that, Wong pointed out that withdrawals by contributors, amounting to RM40 billion to RM50 billion per year, had to be taken into account as well — before his microphone was muted by the Speaker.
The session quickly devolved into a shouting match among the MPs, which resulted in intermittent muting of the MPs’ microphones by a visibly irritated Speaker.
“This is embarrassing behaviour. We are debating on the budget and this is how we are behaving? The rakyat are watching all of us here!” he said.
Other points mentioned during Tengku Zafrul's speech included a reduction in allocation for the Special Affairs Department (JASA) to make way for increases in other allocations, although he did not elaborate.
On the various proposals for a further extension of the loan moratorium, he said all who are eligible — whether they are in the B40, M40 or T20 category — will be able to request for various forms of assistance, which also include reducing or rescheduling loan repayments, from their respective banks.

Posted by supersinginvestor > 2020-11-27 13:55 | Report Abuse

Wow so good qr
See i told u...look lor

Posted by AllYouCanBuy > 2020-11-27 13:56 | Report Abuse

Well done HLB!!

Posted by Keyman188 > 2020-11-27 13:58 | Report Abuse

OMG...unbelievable...

HLBank can achieve super duper good results during virus pandemic period...

Some more can achieve history high profitable results...

Unbelievable...unbelievable...

Posted by Principal > 2020-11-27 17:47 | Report Abuse

cow!!! sibeh bull!!!!

Posted by GorengHealthcare > 2020-11-28 08:52 | Report Abuse

profits even higher than pre-covid level; multiple years high; no wonder share price also recovered so fast on par with pre-c19 level

Posted by zKingDB > 2020-11-30 14:38 | Report Abuse

Take Profit....... nice nice ^.^ Thank you HLB

Posted by AllYouCanBuy > 2020-11-30 19:57 | Report Abuse

https://www.thestar.com.my/business/business-news/2020/11/30/rhb-research-keeps-buy-call-on-public-bank-tp-rm2160#.X8TcT2kepZs.whatsapp. Public Bank TP increased from 20.60 to 21.60..today was good time to collect actually.

Posted by AllYouCanBuy > 2020-12-01 17:50 | Report Abuse

https://www.thestar.com.my/business/business-news/2020/12/01/public-bank-continues-to-command-premium-valuation

Posted by zKingDB > 2020-12-02 10:31 | Report Abuse

@AllYouCanBuy....you must be a Promoter for Public Bank...haha

Posted by AllYouCanBuy > 2020-12-02 10:57 | Report Abuse

I am just promoting facts. Pbb TP is RM2 higher than Hlb. Which would you buy for greater yield? Trade cautiously as there may be a risk that Hlb will have a correction soon.

Posted by AllYouCanBuy > 2020-12-02 11:57 | Report Abuse

RM0.00:2/12 CGS-CIMB Research ups end 2020 KLCI target to 1,628 from 1,520. Top picks Telekom, Inari, Public Bank, dropped Tenaga, MPI/STARBIZ

Posted by a2333778 > 2020-12-09 22:11 | Report Abuse

hl bank owns hl capital and hl financial group. hl bank overtook public bank now .

Posted by Vanbasten > 2020-12-09 22:33 | Report Abuse

HL bank to breach RM 20 in December. HL more growth potential to PBB

Posted by mkmike > 2020-12-09 22:38 | Report Abuse

Heading towards 19.50. Fingers crossed.

Posted by Allbullbutglove > 2020-12-12 03:52 | Report Abuse

Banks heading for a catastrophic drop soon. Overbought. Laggards will move....percentage wise laggards trump banks ..RM 2 gain makes you orgasmic but only 10 0 percent...laggards will do much better

Posted by Allbullbutglove > 2020-12-12 03:53 | Report Abuse

The above message is a humanitarian message. Take your bank profits n run next week.

Posted by Allbullbutglove > 2020-12-12 03:54 | Report Abuse

Checking out of PBB, HLB, AMbank, rhb next week

Posted by Allbullbutglove > 2020-12-12 03:54 | Report Abuse

Get out

Posted by supersinginvestor > 2020-12-14 12:02 | Report Abuse

Time for hlbank to go up

Posted by supersinginvestor > 2020-12-14 12:30 | Report Abuse

Lai lai lai $$$$$$%

Posted by CakapSohaiThings > 2020-12-14 16:23 | Report Abuse

Thanks HLB for the great journey together. Will consider buying back when IBs start washing the weak holders

Posted by GorengHealthcare > 2020-12-15 21:51 | Report Abuse

buy pbb cimb ambank mbb mbsb & hlb!

Posted by supersinginvestor > 2020-12-16 10:06 | Report Abuse

Yes correct@gorenghealthcare

Posted by meistsk3134 > 2020-12-18 09:05 | Report Abuse

hlbank already peak

Posted by supersinginvestor > 2020-12-18 10:32 | Report Abuse

No peak...going up....

Posted by meistsk3134 > 2020-12-18 15:51 | Report Abuse

yes going up.

Posted by supersinginvestor > 2020-12-23 09:17 | Report Abuse

Buy n hold

Posted by tkl88 > 2020-12-26 08:27 | Report Abuse

Next week is the windows dressing, will be the super bull market for KLSE !

Huat ah ! Heng ah ! Ong ah !

Posted by tkl88 > 2020-12-27 10:49 | Report Abuse

e南洋
财经新闻
【独家】钢铁缺货每周调售价 业者步步为营·严密监控库存
2020年12月26日

https://www.enanyang.my/%E8%B4%A2%E7%BB%8F%E6%96%B0%E9%97%BB/%E3%80%90%E7%8B%AC%E5%AE%B6%E3%80%91%E9%92%A2%E9%93%81%E7%BC%BA%E8%B4%A7%E6%AF%8F%E5%91%A8%E8%B0%83%E5%94%AE%E4%BB%B7-%E4%B8%9A%E8%80%85%E6%AD%A5%E6%AD%A5%E4%B8%BA%E8%90%A5%C2%B7%E4%B8%A5%E5%AF%86%E7%9B%91%E6%8E%A7%E5%BA%93%E5%AD%98

独家报道：黄清琴
（怡保26日讯）全球钢铁价格暴涨，从上个月开始，钢铁成品如建筑使用的花铁、货架的方铁价格每天都出现大波动，五金机械店业者每周必须调整价目表，并得严控库存，业者莫不暗自叫苦。

Posted by Jeffreyteck > 2020-12-28 14:39 | Report Abuse

Poor ebroking platform, frequent down time. Seige.

Posted by wehcant > 2020-12-28 14:40 | Report Abuse

Yes, HLeBroking needs to buck up.

Posted by WealthSoWonderful > 2020-12-29 02:12 | Report Abuse

For those serious mature sensible minded long term investors among y'all ... Do consider TopGlove as another egg in the basket, another arrow in the quiver, another string to the bow

Posted by WealthSoWonderful > 2020-12-29 02:12 | Report Abuse

TOPGLOVE FOR LONG TERM INVESTMENT: A QUICK PRIMER

TopGlove IPO price RM2.70 March 2001

2,000 units = RM5,400

Bonus issues:
2002 3:10 ==> 2,600 units
2003 2:5 ==> 3,640 units
2005 1:1 ==> 7,280 units
2007 2:5 ==> 10,192 units
2010 1:1 ==> 20,384 units
2016 1:1 ==> 40,768 units
2018 1:1 ==> 81,536 units
2020 2:1 ==> 244,608 units

Today 244,608 units x RM8.70/unit = RM2,128,089

Capital Appreciation = From RM5,400 to RM2,128,089 in just 19 years

This is clear solid undoubtable undeniable evidence of the awesome benefit by way of exponential growth that you get from investing long term in TopGlove

Anyways, this is not a call for buy or sell, but just sharing of some inspirational motivational confidence-building information.

Do your own due diligence

Invest at your own risk

Posted by loneranger3211 > 2021-01-05 23:39 | Report Abuse

Hong Leong bank can not match with Public Bank Share...

Posted by WealthSoWonderful > 2021-01-05 23:40 | Report Abuse

For those serious mature sensible minded intelligent prudent long term investors among y'all ... Do consider TopGlove as another egg in the basket, another arrow in the quiver, another string to the bow

Posted by WealthSoWonderful > 2021-01-05 23:42 | Report Abuse

TOPGLOVE FOR LONG TERM INVESTMENT: A QUICK PRIMER

TopGlove IPO price RM2.70 March 2001

2,000 units = RM5,400

Bonus issues:
2002 3:10 ==> 2,600 units
2003 2:5 ==> 3,640 units
2005 1:1 ==> 7,280 units
2007 2:5 ==> 10,192 units
2010 1:1 ==> 20,384 units
2016 1:1 ==> 40,768 units
2018 1:1 ==> 81,536 units
2020 2:1 ==> 244,608 units

Today 244,608 units x RM8.70/unit = RM2,128,089

Capital Appreciation = From RM5,400 to RM2,128,089 in just 19 years

This is clear solid undoubtable undeniable evidence of the awesome benefit by way of exponential growth that you get from investing long term in TopGlove

Anyways, this is not a call for buy or sell, but just sharing of some inspirational motivational confidence-building information.

Do your own due diligence

Invest at your own risk

Posted by GoldenHarvest1 > 2021-01-06 19:30 | Report Abuse

Recovery theme play losing steam

Posted by GoldenHarvest1 > 2021-01-06 19:30 | Report Abuse

Fitch turns negative on banks

https://www.nst.com.my/business/2021/01/654954/malaysian-banks-bursas-losers-list-after-fitch-turns-negative-global-banks

Posted by GorengHealthcare > 2021-01-08 09:27 | Report Abuse

unjustified sell down. Banking will rise.

Posted by FortuneBlooming > 2021-01-09 16:53 | Report Abuse

What is estimate for coming qrtr pat?

Posted by FortuneBlooming > 2021-01-09 16:54 | Report Abuse

Can hit RM3.8 billion kah

Posted by FortuneBlooming > 2021-01-09 16:54 | Report Abuse

Cannot la

Posted by FortuneBlooming > 2021-01-09 16:54 | Report Abuse

Only TopGlove can la

Posted by CakapSohaiThings > 2021-01-09 21:58 | Report Abuse

Banks might get shorted if there's a full lockdown announcement on Monday. Run

Posted by Business101 > 2021-01-11 17:10 | Report Abuse

why promote TopGlove here?

Posted by CakapSohaiThings > 2021-01-11 19:59 | Report Abuse

Short sellers might short banks tomorrow. Are you guys ready for a limit down?

Posted by AlvinTSK > 2021-01-11 20:04 | Report Abuse

History always had the tendency to repeat itself !! Tomorrow is panicky day AND with RSS in play, someone might get heart attack ~~

Posted by CakapSohaiThings > 2021-01-12 10:23 | Report Abuse

IBs and FFs, please start shorting, emergency consented! What are you waiting for??