wahhhhhhhh RM20 billion to goreng.... kaki_sailang you eat shit loh......
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Malaysia's Najib delivers RM20 billion boost for stock market ReutersReuters – 19 minutes ago Malaysia's Prime Minister Najib Razak speaks at the World Capital Market Symposium in Kuala Lumpur, Malaysia, September 3, 2015. REUTERS/Olivia Harris View Photo Reuters - Malaysia's Prime Minister Najib Razak speaks at the World Capital Market Symposium in Kuala Lumpur, Malaysia, September 3, 2015. REUTERS/Olivia Harris KUALA LUMPUR (Reuters) - Malaysian Prime Minister Najib Razak said on Monday a government equity investment firm would be given 20 billion ringgit ($4.6 billion) to shore up the country's stock market, and announced other measures to support its slowing economy. Najib told a newsconference the equity investment firm, ValueCap, will invest in undervalued Malaysian companies. He also announced that the factory sector would be exempted from import dutires until the economy recovers, but did not specify which sectors would be affected. The ringgit currency has lost almost 19 percent of it value against the dollar so far this year, and Malaysia's stock market has retreated 8.95 percent this year. (Reporting by Trinna Leong and Yantoultra Ngui; writing by Praveen Menon; Editing by Simon Cameron-Moore)
Valuecap was created way back in 1998 to buy undervalued stocks during financial crisis. It is a proper vehicle, not hanky panky. In fact, many of their previous investment subsequently delivered good return
so kaki sailing eat shit d cos najib pump in 20bil? Just like the Chinese government pumping in money and asking top investment firm to support the market.
Whenever we see such desperate movement, it means that foreign selling is pressuring and retailers are moving out from the market, forcing the government to support the stock price.
20bil is a lot I think...so, what now? Put or Call?
valuecap has served as a stabilising force during the worst time in bursa, and it will do the same this time. dont expect magic overnite. but it would stop panic sellers in stock mkt or the margin calls by panic brokers.
relax, why need to worry? still early to buy call warrant, if it gonna shot up, still not to late to follow
btw the investment will not be immediately, slowly ma... valuecap is not some random organization, they are systematic, please learn from previous crash how they play...
well, dont happy so early...we still got 2 barricades, 916 red devil rally and US rate hike...hope all positive news for us..both 916 and rate hike call off for this year..
valuecap has served as a stabilising force during the worst time in bursa, and it will do the same this time. dont expect magic overnite. but it would stop panic sellers in stock mkt or the margin calls by panic brokers.
Posted by Danny Kc > Sep 14, 2015 02:08 PM | Report Abuse
well, dont happy so early...we still got 2 barricades, 916 red devil rally and US rate hike...hope all positive news for us..both 916 and rate hike call off for this year..
relax, why need to worry? still early to buy call warrant, if it gonna shot up, still not to late to follow
btw the investment will not be immediately, slowly ma... valuecap is not some random organization, they are systematic, please learn from previous crash how they play...
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....
Cyborg
981 posts
Posted by Cyborg > 2015-09-14 11:41 | Report Abuse
thank god, i already dispose all @0.165... win 1k can pay car installment