Central bankers printing $$$ and negative interest rate. US November election is a key factor. Trump pushing FDA fast track covid 19 vaccine approval { before his election}
This counter needs a lie to be pushed up like other counters. All you read in this forum are lies, lies and lies.
Also like our politics, you need lies to grab power. Put all the blames on lighter skin people, you'll do good. 65% of the people here like easy money. PH forced them to switch to hard money, falling down was a certainty. Lighter skin people has been on hard money mode for the past 63 years. They are used to it. Putting blame on these people automatically gained 65% of the votes. Easy win.
Now we see if people use BNM rate cut as a lure to push up property or not.
MAHSING first used newspaper to spread news that they closed a lots of the deals during MCO using internet. But looking at the QR, they lied. Now they said they venturing into healthcare (giving up property?). You see, you need lies to push up share price.
MAHSING did sell more than its peers although not as good as before MCO. My apology to MAHSING. Other property companies are like in a bloodbath. Check out the revenue of Paramon or ...
The Edge Says: Imposing a tax on unsold and vacant properties will be a disaster.... buyers are ever ready with unsold tax. SHs may cry. Anyway, definitely cannot be materialized, just talk for fun by so called experts etc.
If covid case up, glove up. If vaccine news hot, pharma up. If treatment news hot, both glove and pharma down. If vaccine from China bypassing pharma and dPharma, gloves + pharma and dpharma will crash. If Tesla crashed, Nasdaq will crash too and so are tech stocks around the world. Covid will eventually go down, and vaccine will be available sooner or later. Gloves will eventually go down, and vaccine counters will surge and drop again since vaccine wave may be just short-lived. If US economy + employment recover, gold will crash, airlines will recover. If covid is getting scarce, economies will recover, tech will recover after a crash caused by TESLA.
Conclusion: buy tech stocks after a crash caused by TESLA. After that, buy airline stocks in 2021.
Nothing is weird, the whole event is just "happening-supply-demand".
Look at the old horse TM. He never give up even though he will be 6 feet underground soon ! "Pejuang" ..we must fight...stand up and fight but too bad he fights only for Malay Muslims. Why he didn't named the party "Party Pejuang Bumi" ? Mat Din is very far better than this racist old hack. Anyway political arena is just another crocodile pool . Forget about it ! Now we come back to this sharks pool and wait for 0.38 .....Lol.
This book is the result of the author's many years of experience and observation throughout his 26 years in the stockbroking industry. It was written for general public to learn to invest based on facts and not on fantasies or hearsay....
Plantermen
2,238 posts
Posted by Plantermen > 2020-09-01 10:13 | Report Abuse
Don't expect property quick turnaround. Takes at least 2 years economy to recover pre pandemic level