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Equities / Re: hahaha... few million RM profit from GSB
« Last post by Oly Shyte on Today at 09:01:50 AM »
OF cos, this is the only thing I gain from giving tips, I need to claim some glory. if not why would I want to share a tips for all of you to make money.

all the other counters goes up and down, if you bought GSB during those time when I asked to buy, not a single day of worries. If want to cash out, anytime also can, if want to keep also can. No worries about losing. Anyway, time to move on. Malaysia has changed, world also changed... I saw another counter, I just started buying I just could not resist sharing. Sure make money, at its current price, its return could even be better than GSB. Super cheap, everyone also can afford.
GSB won becoz someone took over their business. You didn't mentioned about takeover or sort of this anything during your reign over the past years. You aggressively promote about growth and prospect not take over.

So your analyse on GSB was totally wrong during your time! Be brave to admit that fact! This is the new Malaysia, no more lying to the rakyat but total transparency!  :thumbsup: :nod:
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Equities / Re: KLSE starting to collapse
« Last post by ORIENT on Today at 04:35:45 AM »
The market continued to decline last week and the index broke the crucial support level at 1,705 points.

Weak ringgit and falling commodities prices were primary concerns. Furthermore, Bursa Malaysia was not the only market that went south, most global markets suffered the same fate, especially China.

The FBM KLCI fell 3.8 per cent in a week to 1,694.15 points.

Trading volume has increased last week as selling pressure intensified.

The average daily trading volume increased to 2.6 billion shares from 2.3 billion shares two weeks ago and the average daily trading value increased to RM3.3 billion from RM2.5 billion. This indicates more higher market capped stocks, normally traded by institutions, were being targeted.

Foreign institutions continued to sell and last week even heavier. Net sell from foreign institutions was RM1,887 million while net buys from local institutions and local retail were RM1,479 million and RM408 million respectively.

In the FBM KLCI, only three counters closed higher last week. The three gainers were MISC Bhd (1.5 per cent to RM5.92), Petronas Chemicals Group Bhd (0.7 per cent to RM8.40) and KLCC Property Holdings (KLCC REIT) Bhd (0.3 per cent to RM7.55).

The top decliners were Telekom Malaysia Bhd (16.6 per cent to RM3.21), Axiata Group Bhd (10.7 per cent to RM4.26) and Sime Darby Bhd (6.9 per cent to RM2.42).

Global markets were bearish. In Asia, the fell is led by Shanghai which its benchmark index falling to a two-year low. In Europe, Germany led the fall with a 3.3 per cent decline.

However, UK’s market was held firm. US market also declined but its main technology index, the NASDAQ was held firm near historical highs.

The US dollar was firm against major currencies in the past one week.

The US dollar index closed at 94.5 points last Friday as compared to 94.8 points the week before.

The ringgit was slightly weaker against the US dollar at RM4 per US dollar last Friday as compared to RM3.99 the previous week.

In commodities, Crude oil (Brent) rebounded after two weeks of declines and increased 3.4 per cent last week to US$75.53 a barrel on Friday. Gold (COMEX) fell 0.9 per cent in a week to 1,271.10 an ounce. In the local market, crude palm oil futures fell for the third week, declining 2.3 per cent to RM2,282 per metric tonne. The price is trading near a two-year low.

The FBM KLCI broke a crucial support level at 1,705 points last week and this indicates that the bearish pressure is strong, especially from foreign institutions.

The sell down is not only restricted to the local market but also global markets and hence it is a global bearish sentiment towards equities.

Technically, the trend remained bearish below both the short and long term 30- and 200- day moving averages and these averages are declining.

he long term 200-day moving average has declined for the first time since February 2017.

Furthermore, the index is below the Ichimoku Cloud and the expanding Cloud indicates a strong bearish trend.

Momentum indicators like the RSI, MACD and Momentum Oscillator continued to decline and this indicates that the trend is strongly bearish. However, these indicates are at their oversold levels or relatively low prices.

This may attract some buyers who are looking to bargain hunt.

We see some rebound last Friday at the support level of 1,680 points.

We expect to see the index testing the broken support level at 1,705 points this week and if it fails to overcome this level, further downside is seen.

The next support level the index is going to test if it fails to overcome the 1,705 points level is at 1,620 points.

The above commentary is solely used for educational purposes and is the contributor’s point of view using technical al analysis. The commentary should not be construed as an investment advice or any form of recommendation. Should you need investment advice, please consult a licensed investment advisor.
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Equities / Re: KLSE starting to collapse
« Last post by ORIENT on Today at 04:28:17 AM »
Malaysian Bond Market

The local bond market has remained muted as investors demanded higher yields due to the weakening ringgit. The local govvies’ yields fell across the curve with the exception of the 10-year MGS yields which rose 1bps to 4.23%. At Friday’s noon pricing, the 3-, 5-, 7-, 10-, 15-, 20- and 30-year benchmark MGS yields settled at 3.62%, 3.83%, 4.05%, 4.21%, 4.64%, 4.89% and 4.94% respectively.

Trading activities for the benchmark local govvies’ picked up withtrading volume rising to RM6.3bil for the week from RM4.7bil in the week prior.

Meanwhile, trading activities in the secondary corporate bond market slowed down with total trading volume declining to RM0.5bil versus last week’s RM1.4bil. Some 27% of the trading volume was from GG/AAA with 61% from the AA segment and the remaining 12% from the A segment.

In the GG/AAA segment, notable trades included ‘02/19 and ‘09/19 Cagamas Bhd bonds which recorded with yields mixed between 3.88% and 4.18%, with a total trading volume of RM50mil. Besides, 2046-2048 DanaInfra Nasional Bhd tranches registered mixed yields between 5.22% and 5.21% with RM30mil changing hands. Furthermore, interest was seen in ‘12/21 and ‘02/23 Prasarana Malaysia Bhd bonds which closed with yields mixed between 4.20% and 4.28% respectively, and RM20mil traded. Meanwhile, ‘06/22 Genting Capital Bhd ended with yields 7bps higher at 5.10% with a trading volume totalling RM11mil.

Elsewhere in the AA segment, notable trades were seen in the 2026-2035 Southern Power Generation Sdn Bhd tranches which recorded a trading volume of RM50mil with yields mixed between 4.88% and 5.39%. Besides that, interest was seen in 2018 Perbadanan Kemajuan Negeri Selangor tranches posted a trading volume of RM50mil and closed with yields mixed between 4.23% and 4.38%. Meanwhile, ‘10/18 and ‘11/18 Public Bank Bhd bonds, which closed with yields mixed between 4.34% and 4.38%, recorded a total trading volume of RM35mil. Furthermore, ‘01/22 and ‘06/26 Sarawak Energy Bhd bonds registered yields mixed between 4.60% and 4.85% with RM30mil changing hands.

MYR Interest Rate Swap (IRS) Market

As at Friday’s noon pricing, the three-month KLIBOR stood at 3.69%. Elsewhere, the IRS curve moved in tandem with MGS while the five-year CDS inched higher over the week.
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Sports Section / Re: How to maintain water in our body?
« Last post by Abel on Yesterday at 11:47:22 AM »
ya, drink the healthy water is actually make you become healthier especially for the people who always need to OT, sleep very late, they need something to regain their health, i can suggest alkaline water.

Alkaline water is good to maintain our body PH level, but make sure you know your own body condition, not everyone is suitable for the alkaline water. Although it can remove the toxic in the body, please make sure your body condition is need the alkaline water to help you to recover the healthy.
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Sports Section / Re: How to maintain water in our body?
« Last post by debby_99 on Yesterday at 11:43:28 AM »
Im not sure people do care about the slightly different taste of water, but for the people who concern about their health is very picky about this one. Those like the psychological thing, i you think what you drink is not good for you body, then the whole day will keep feel unhealthy.

ya, drink the healthy water is actually make you become healthier especially for the people who always need to OT, sleep very late, they need something to regain their health, i can suggest alkaline water.
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Sports Section / Re: How to maintain water in our body?
« Last post by Darkhorse on Yesterday at 11:28:10 AM »
Maybe they want to say having converted from drinking boiled tap water to drinking Coway filtered water (or whatever brand you might use), it has slightly different taste.

Maybe because of the filtration system removed certain things from the water.

Im not sure people do care about the slightly different taste of water, but for the people who concern about their health is very picky about this one. Those like the psychological thing, i you think what you drink is not good for you body, then the whole day will keep feel unhealthy.
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Sports Section / Re: How to maintain water in our body?
« Last post by Darkhorse on Yesterday at 11:22:50 AM »
you explain the making of warm water is so difficult and wasting of time... So is show that the water purifier can make those things can be done easily and faster :clap:

If you compare the procedure of making hot water, is totally different. The time between waiting the kettle boiled water and just click the button for hot water come out, its help you save a lot of time.
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Equities / Re: TM $$$
« Last post by Kop Aisy on Yesterday at 10:04:57 AM »
You all know Gobind said wifi charges to reduce so this will impact TM performance. Anyway if drop to RM3 and below look safe.
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Equities / Re: KLSE starting to collapse
« Last post by ORIENT on Yesterday at 09:25:53 AM »
KUALA LUMPUR: Former Bank Negara Malaysia (BNM) governor Tan Sri Dr Zeti Akhtar Aziz has given the thumbs up to the appointment of Datuk Nor Shamsiah Mohd Yunus as the new governor.

She lauded it as an excellent decision and that the appointment reflected the respect the Govern­ment has for the central bank as an important institution.

“I think this is what the market wants to see, an institution that remains independent in performing its function.

“She will hit the ground running,” Zeti commented.

Nor Shamsiah was officially an­nounced as the new governor yesterday, replacing Tan Sri Muham­mad Ibrahim whose last day was on June 15. She was Dr Zeti’s number two.

Nor Shamsiah had worked with the central bank for nearly 30 years before she left on Nov 15, 2016, amidst a clampdown by the previous government on people who probed the 1Malaysia Development Bhd.

The 54-year-old then joined the International Monetary Fund (IMF) in April last year as the assistant director of the monetary and capital markets department there.

Dr Zeti, speaking to reporters at the Council of Eminent Persons’ meeting yesterday, said Nor Sham­siah’s appointment reflected her capabilities.

“Her position at the IMF was because of her qualifications, and she’s recognised internationally in her area of speciality, which is financial stability,” said Dr Zeti.

Meanwhile, Nomura Global Mar­kets Research said Nor Shamsiah’s appointment implied continuity in the direction and conduct of monetary policy.

“Like Muhammad, she served as deputy governor under Dr Zeti and was a member of the monetary policy committee.

“We maintain our forecast of the policy rate being left unchanged through the rest of this year, as we forecast GDP growth slowing to 5.1% in 2018 from 5.9% in 2017, below Bank Negara’s 5.5 to 6.0% forecast,” it said, adding that consumer price index inflation would also likely fall sharply to 1.3% in 2018 from 3.7% in 2019, below Bank Negara’s 2 to 3% forecast.

Finance Minister Lim Guan Eng, who introduced Nor Shamsiah at a press conference in Putrajaya yesterday, described her as “very capable” and “well respected internationally”.

He said Yang di-Pertuan Agong Sultan Muhammad V had consented to the appointment on June 19.

“Prime Minister Tun Dr Mahathir Mohamad forwarded his recommendation on June 18 to the Yang di-Pertuan Agong that Datuk Nor Shamsiah be appointed as the BNM governor for a term of five years effective from July 1,” he said.

Nor Shamsiah said she accepted the appointment with an “utmost sense of honour and responsibility”.

“I will endeavour to carry out the duties of the governor of Bank Negara Malaysia to the best of my ability together with the present team in Bank Negara.

“Bank Negara Malaysia will continue to focus on delivering its mandate of maintaining monetary and financial stability in the best interest of the nation,” she said.
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Commodities / Re: Spot Gold Price (Per Ounce)
« Last post by king on Yesterday at 04:57:40 AM »



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