Welcome To Fitch Downgrade June 2015

Posted by MrNobody > 2015-05-24 06:14 | Report Abuse

market is telling you Fitch Downgrade is near. hold tight your underwear. wakakakaka.

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2 comment(s). Last comment by Heavenexile 2015-05-24 08:00

cumcumshot

439 posts

Posted by cumcumshot > 2015-05-24 07:47 | Report Abuse

The sellings by so called "foreign funds" for the past 1 - 2 weeks has not caused the RM to slide. RM/USD is holding around 3.56 - 3.60. Where do the monies go to?
A downgrade by Fitch has been on the table at least for the past 6 months. I think the effect has already been reflected.
The bad Q1 results for most companies & the tradition idea of sell in May & go away have more weight in the recent sellings down.
Satu Msia Donkey Bhd is another very important factor.

Heavenexile

137 posts

Posted by Heavenexile > 2015-05-24 08:00 | Report Abuse

Will it be in June or July?

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