the only think Malaysia need now is a super cheap ringgit. the cheaper the better.
benefit of cheap ringgit.
1. manufacturing boom.
2. less reliance of foreign worker, local lazy man and woman start to work to supplement household income as cleaning lady, parking attendance, security guard.
3. less repatriation of ringgit to vietnam dong dong, thai bath bath, Indon lupiah popiah.
4. create new industry, export of local woman to Indon, china, Hk and spore to compete with their domestic maid market. the beauty of malaysian woman is, they have seen the big snake pee, so can handle most situational issues in foreign country. and can generally speak 2 or 3 languages.
5. less ppls play stock market, less conman Sifu cheating newbies money. eg. OTB fake Sifu but real cheater.
6.
7.
8.
9.
10. pls suggest...
Be the first to like this.
20 comment(s).Last comment by icon8888 2015-06-13 23:03
Markets | Mon Apr 27, 2015 7:36am EDT Related: JAPAN Fitch downgrades Japan, joins Moody's in warning on fiscal policy TOKYO | BY STANLEY WHITE Japan's national flag is seen behind a traffic signal of a red man at the Bank of Japan headquarters in Tokyo in this file photo taken on November 19, 2014. REUTERS/Yuya Shino Japan's national flag is seen behind a traffic signal of a red man at the Bank of Japan headquarters in Tokyo in this file photo taken on November 19, 2014. REUTERS/YUYA SHINO Fitch Ratings downgraded Japan's credit rating by one notch after the government failed to take steps in this fiscal year's budget to offset a delay in a sales tax increase, the agency said on Monday.
Fitch cut its rating on Japan by one notch to A, which is five notches below the top AAA rating. The outlook is stable.
"One reason why Japan is at single A, which is a low rating, is the fragility around the baseline case for the public debt," said Andrew Colquhoun, head of Asia-Pacific sovereigns at Fitch.
"The tolerance to fluctuations in growth and interest rates is low."
The yen JPY= briefly fell to 119.42 per dollar from 119.17 before the announcement but then pared its losses to trade around 119.30 versus the greenback.
A plan to lower the corporate tax rate also increases uncertainty about whether the government will generate enough revenue to address its debt burden, Fitch said in a statement.
Fitch's move follows a similar downgrade by Moody's Investors Service late last year and could pressure the government to take tough measures in a fiscal discipline plan that is due sometime around June.
The government's use of stimulus spending, disappointing economic growth and worries that corporate profit growth is not sustainable are also negative for Japan's rating, Fitch said.
In December, Moody's downgraded Japan to A1, which is one level above Fitch's rating, due to a delay in the sales tax increase.
Standard & Poor's has an AA- rating on Japan, which is three notches from the top rating of AAA. S&P's rating on Japan has a negative outlook, meaning a downgrade is possible.
Abe's decision late last year to delay a sales tax hike to 10 percent from 8 percent that had been scheduled for this year has made it difficult to eliminate the primary budget deficit in fiscal 2020, an important fiscal consolidation target.
The primary budget deficit excludes debt servicing costs and income from bond sales.
Some government advisers has said the updated fiscal discipline plan in June should focus more on lowering the ratio of debt to gross domestic product.
Focusing more on the debt-GDP ratio is not a major problem, but the government needs to make sure its economic forecasts are realistic, Colquhoun said.
Japan's public debt, at twice the size of its economy, has the worst debt-to-GDP ratio of any industrialized country.
The country's ample domestic savings have financed most of the debt so far, although analysts warn that a rapidly ageing population will erode those savings in coming years.
Some economists worry that the Bank of Japan's purchases of government debt via its quantitative easing could make the government complacent on fiscal policy because yields are kept very low, or in some cases even go into negative territory.
Optimus, I am so disappointed with you. Why you said I attack your careplus call ? I actually bought as per your recommendation leh. But this few days drop drop drop, I a bit concerned loh. You are my sifu, why would I attack u ? Aiya, misunderstanding, misunderstanding
-----
Posted by deOptimus > Jun 13, 2015 09:53 PM | Report Abuse
can anyone reproduce i ever said "buy Careplus now!!"
i said can see now. if want to buy, must b able to wait at least 2 week.
can see means you wait for bargain. cannot understand this basic language. how Wor???
You also always scold me for being ego and cannot accept criticisms, so I know u not ego and can accept criticism. So I grumbled a few words loh. Why you so angry ? Aiyo, sorry loh...
Btw, since you so good mood today, can I ask u a question ?
why u keep on attacking OTB ? I only see u attack him, he never attack you ? Why ah ? Is that because the rumour that you last time abused by a group of kenanga remisiers is true ? And now you hate remisier ?
He felt a sense of hopelessness - how come no matter how I tried, I cannot make money in the market ? And when he looked at you, your cash register ringing non stop. He jealous until cannot sleep. If he doesn't attack you, he would not be a pondan lah
This is why I always said : Optimus is nothing but a conman. He liked to make general statement. When things work, he claims credit. When things turn sour, he said "I ask u to see only, not buy"
------
Posted by deOptimus > Jun 13, 2015 09:53 PM | Report Abuse
can anyone reproduce i ever said "buy Careplus now!!"
i said can see now. if want to buy, must b able to wait at least 2 week.
can see means you wait for bargain. cannot understand this basic language. how Wor???
Post a Comment
People who like this
New Topic
You should check in on some of those fields below.
Title
Category
Comment
Confirmation
Click Confirm to delete this Forum Thread and all the associated comments.
Report Abuse
Please Sign In to report this post as abuse.
Market Buzz
No result.
Featured Posts
MQ Trader
Introducing MY's First IPO Fund for Sophisticated Investors!
MQ Chat
New Update. Discover investment communities that resonate with your ideas
MQ Trader
M & A Value Partners IPO Equity Fund has been launched - Targeted 13% Return p.a
Latest Videos
0:17
New IPO: The onshore and offshore support services provider for the O&G industry, Steel Hawk Bhd aims to list on the Ace Market!
MQ Trader 8911 views | 7 d ago
0:17
New IPO: The largest mini-market player and a leading groceries retailer in Malaysia, 99 Speed Mart Retail Holdings Bhd aims to list on the Main Market!
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....
Posted by deOptimus > 2015-06-13 21:41 | Report Abuse
the only think Malaysia need now is a super cheap ringgit. the cheaper the better. benefit of cheap ringgit. 1. manufacturing boom. 2. less reliance of foreign worker, local lazy man and woman start to work to supplement household income as cleaning lady, parking attendance, security guard. 3. less repatriation of ringgit to vietnam dong dong, thai bath bath, Indon lupiah popiah. 4. create new industry, export of local woman to Indon, china, Hk and spore to compete with their domestic maid market. the beauty of malaysian woman is, they have seen the big snake pee, so can handle most situational issues in foreign country. and can generally speak 2 or 3 languages. 5. less ppls play stock market, less conman Sifu cheating newbies money. eg. OTB fake Sifu but real cheater. 6. 7. 8. 9. 10. pls suggest...