No need to rush. Loser + loser makes double loser. Think after the merge it's going to be a winning horse. No way. Earlier I was waiting at 0 14. Now waiting much lover.
6bilion injection also cannot save MAS. It's not the money, it's the management and political problems
Guan Eng may visit China again to attract investments KUALA LUMPUR (Jul 15): Finance Minister Lim Guan Eng said he may pay another visit to China, potentially Shenzhen again, to attract more investment into Malaysia. Lim said although the US is the largest foreign investor in Malaysia and is expected to continue to increase, but the potential of China’s capital is increasing. “China has its advantage, and the US has its advantage. These two countries are among the best in terms of foreign investment, and they are both very important,” he told local Chinese media Kwong Wah Daily in an interview last Saturday. Lim said if he visits China again next month, his focus will be on investment, so one of the destinations would likely be Shenzhen, to attract high-tech, high-value Chinese major manufacturers to invest in Malaysia. Lim also said after his first official visit to China earlier this month, both countries' governments are discussing the possibility of establishing an interactive channel for the stock exchanges of both countries. Lim said he would discuss this further with Chinese authorities if his next visit to the country materialise. "I hope we can yield some results in the near future," he said. Lim said in addition to investment and business, both countries also hope to strengthen securities and stock exchanges areas. After a visit to the Shenzhen Stock Exchange, Lim said they are studying whether it is possible to create a new platform that makes both capital and stock markets more competitive, and gain more access to financing. Lim said this would require further works to be done, including formulation of the technological process and financing mechanism. Lim hopes that after visiting China, he could accelerate the materialisation of this objective. On the matter of potential raising of Panda bonds from banks in China, Lim said the Malaysian government is still considering it, as the government thinks that it deserves a lower interest rate. Meanwhile, Lim said after visiting Huawei’s operation in Shenzhen and meeting its management, the technology giant pledged to strengthen its investment in Malaysia. Lim also said representatives from Huawei will organise a visit to Malaysia as well, and he is scheduled to meet them to discuss more on the company’s potential implementation of 5G technology in Malaysia. "They will come in a week or two. When I am in Penang, I will discuss with them," he said.
US-CHINA Trade War market uncertain, local and foreign funds money would not flow in big cap and mid cap stock because everybody scare buy high losses money . In this few month expect Funds manager money would flow out in bigcap and midcap stocks and will short selling midcap stocks for make money so now no prospects cannot buy and hold . FBMACE market index up ...TOP volume all ACE market small cap stock.This is a opportunity markets money now flows in small cap cheaper stocks. sharks now start goreng lows price stock at bottom..
Track “Sales in Advance” (Current Liabilities - Statement of Financial Position) over the past few years. Trend shows downward slope. Not a good sign for the business model.
Current assets reduced from RM 1.55b to RM 1.14b while current liabilities increased from RM 2.17b to RM 2.63b
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....
Godofgambler
5,307 posts
Posted by Godofgambler > 2019-08-26 21:18 | Report Abuse
Aye aye sir.. Ready to fly...