QUOTE(teohkpin @ May 15 2013, 06:10 PM)
KLSE all time high, ringgit all time strong, MGS yield all time low, property prices all time high, everything is hunky-dory now.........everybody making gains.
Sustainable?
i think future outlook is weak.....government will have to increase debt or revenue(tax) to support their ever growing spending plus whatever they spend 30% gone ????. Commodities bull is over, will only move sideway and will not help increase government's revenue (Oil and CPO). To rely on domestic consumption soley, our population not huge enough. To rely on corpoarte earnings, how many corporates are expanding overseas bringing huge revenue and profit back? Once ETP contrcution over, what else to boost?
raising debt or tax.....our future is bleak, middle income "promoted" to poor, either by inflation or less income.
Office space - malaysia breaching 100mil sft supercede Singapore, Thailand, Indonesia when overall FDI dropped. Who's the future tenant?landlord?
and more to come Iskandar......
whatever supporting the market now is Liquidity, once malaysia debt breach the safety level and foriegn funds pull out, we will see the impact, Ringgit weakened, KLCI plunge, Bond yiled increases.
Property prices - Down, stagnant or Up? your guess
suddenly putting $$ in US seems to be a better bet.....
just my thoughts...
Let's look at the facts:-Sustainable?
i think future outlook is weak.....government will have to increase debt or revenue(tax) to support their ever growing spending plus whatever they spend 30% gone ????. Commodities bull is over, will only move sideway and will not help increase government's revenue (Oil and CPO). To rely on domestic consumption soley, our population not huge enough. To rely on corpoarte earnings, how many corporates are expanding overseas bringing huge revenue and profit back? Once ETP contrcution over, what else to boost?
raising debt or tax.....our future is bleak, middle income "promoted" to poor, either by inflation or less income.
Office space - malaysia breaching 100mil sft supercede Singapore, Thailand, Indonesia when overall FDI dropped. Who's the future tenant?landlord?
and more to come Iskandar......
whatever supporting the market now is Liquidity, once malaysia debt breach the safety level and foriegn funds pull out, we will see the impact, Ringgit weakened, KLCI plunge, Bond yiled increases.
Property prices - Down, stagnant or Up? your guess
suddenly putting $$ in US seems to be a better bet.....
just my thoughts...
1. US, Japan, China, are all printing money.
The money they print per year is in trillions.resulting Malaysia, Hong Kong, Singapore and all Asian countries also increase money supply to balance the exchange.
2. With all the money coming to Asia from the west , banks are flood with money. Especially Hong Kong, Singapore.
3. We all know that EU, US, Japan 's growth and unemployment will not be able solve within this year. It is estimated to take 2 to 3 more years to see improvement.
As such, continuing of printing money will persist.
4. If true, Malaysia's property and shares will continue to rise but at a more moderate rate as printing of money slows down when market in the west improves.
5. The money will leave Asia back to US or EU only the economy has very clear sign of bull market which we are not seeing now.
6. With so much liquidity in asia market now, do you really think the property/share market will go down?
I think we still have a few good years. That is my humble opinion.
May 15 2013, 09:28 PM

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