I do not play stock, but according to some of my friends whose companies are listed on KLSE they are telling me that a crunch is in the making

one more cycle of crash? Oh yeah..... i rike it. 

ayam family is investor background 

I do not play stock, but according to some of my friends whose companies are listed on KLSE they are telling me that a crunch is in the making

I do not play stock, but according to some of my friends whose companies are listed on KLSE they are telling me that a crunch is in the making

i am running online and retail business...

one of my branch dropped 60% since feb...

one of my friend retail biz dropped 70%..

now i planning to sell my punggung already..

True Story, As you can see Malaysia Ringgit is getting weaker and weaker..... USD-RM now is RM3.2+ 

weaker ringgit is better for business, u otak rosak ker?

If I were PM, I set it @ RM4.

weaker ringgit is better for business, u otak rosak ker?

If I were PM, I set it @ RM4.

True Story, As you can see Malaysia Ringgit is getting weaker and weaker..... USD-RM now is RM3.2+ 

Yala.. now ringgit already weaker, but many business sales still goes down.. U know what happen la

Yala.. now ringgit already weaker, but many business sales still goes down.. U know what happen la

Have been meeting friends these past 2 weeks, and have been getting the same indication --- Economy sudah merosok

Friends from different fields, from different companies, some whose target domestic market, others targeting export / international market, and even those who are HQ at Johor, KL, Singapore, and when we compare notes, we found out that what had been troubling us for the past few weeks, what we had been suspecting, is true

And when we compare notes, for the past few weeks alone, business has gone down from 10% to 40%, depending on company, target market, industry, location

Things had started to go down before the election, but the effect was minimal, because at that time many of us still had existing orders as buffer

And now, the election is over, things gone from bad to worse - some of my friends (almost all of them taukeh / managing directors) couldn't land any new order - and some of the factories are starting to cut back on overtime, some even are planning to cut shifts, from 3 to 2, or from 2 to 1

Dunno how long this downturn will last, and dunno how bad this time it gonna be, but this ain't a joke

We started to network for the past few weeks because we had that "feeling" that something was not right, it stayed a "feeling" until, as I said, we started to compare notes, and the picture becomes clear --- the downturn is starting to hit us, all of us

U salaryman won't feel the pinch yet, but in a month or two (or maybe in a quarter or two) you might