Welcome Guest ( Log In | Register )

Bump Topic Topic Closed RSS Feed
125 Pages « < 79 80 81 82 83 > » Bottom

Outline · [ Standard ] · Linear+

 ringgit Malaysia drop , how to I change my RM to USD

views
     
Showtime747
post Aug 18 2015, 11:07 AM

Look at all my stars!!
*******
Senior Member
4,258 posts

Joined: Nov 2012
QUOTE(Bonescythe @ Aug 18 2015, 10:57 AM)
Wow..

U berry bearish leh..

Kikiki..

So now u prepare to take out your shorts and put it lelong at klse liao?
*
KLCI always surprises me. So, I no balls to short tongue.gif

I buy the cheap counters now thumbup.gif
Bonescythe
post Aug 18 2015, 11:08 AM

One Quarter In...
*********
Senior Member
28,187 posts

Joined: Mar 2007
From: Underworld



QUOTE(Showtime747 @ Aug 18 2015, 11:07 AM)
KLCI always surprises me. So, I no balls to short  tongue.gif

I buy the cheap counters now  thumbup.gif
*
why u let ur wives keep it?

go take it back
vmad.gif
yck1987
post Aug 18 2015, 12:10 PM

Enthusiast
*****
Senior Member
808 posts

Joined: Apr 2009
QUOTE(Showtime747 @ Aug 18 2015, 11:07 AM)
KLCI always surprises me. So, I no balls to short  tongue.gif

I buy the cheap counters now  thumbup.gif
*
today KLCI already up mah... nod.gif
Showtime747
post Aug 18 2015, 12:24 PM

Look at all my stars!!
*******
Senior Member
4,258 posts

Joined: Nov 2012
QUOTE(yck1987 @ Aug 18 2015, 12:10 PM)
today KLCI already up mah...  nod.gif
*
Issues not settled yet. Will go back down. Then can buy again tongue.gif

RM no rebound but getting worse doh.gif
Showtime747
post Aug 18 2015, 12:25 PM

Look at all my stars!!
*******
Senior Member
4,258 posts

Joined: Nov 2012
QUOTE(Bonescythe @ Aug 18 2015, 11:08 AM)
why u let ur wives keep it?

go take it back
vmad.gif
*
Too risky for my liking lah. Unless I follow you 1 for 1 duplicate your trade exactly tongue.gif
Bonescythe
post Aug 18 2015, 12:28 PM

One Quarter In...
*********
Senior Member
28,187 posts

Joined: Mar 2007
From: Underworld



QUOTE(Showtime747 @ Aug 18 2015, 12:25 PM)
Too risky for my liking lah. Unless I follow you 1 for 1 duplicate your trade exactly  tongue.gif
*
Ok.. firstly, let me open a fkli acc for u first
Bonescythe
post Aug 18 2015, 12:28 PM

One Quarter In...
*********
Senior Member
28,187 posts

Joined: Mar 2007
From: Underworld



QUOTE(cherroy @ Aug 18 2015, 11:06 AM)
There is also 3rd option, selective capital control.

Not limited to 2.

Also, BNM can choose neither as well.
No interest rate hike, no defend the RM using foreign currency reserves, just let RM slide down orderly.
*
Then if become usd 1 to rm5... still let it slide ?
Showtime747
post Aug 18 2015, 12:31 PM

Look at all my stars!!
*******
Senior Member
4,258 posts

Joined: Nov 2012
QUOTE(Bonescythe @ Aug 18 2015, 12:28 PM)
Ok.. firstly, let me open a fkli acc for u first
*
Don't want. Once open no turning back tongue.gif
wongmunkeong
post Aug 18 2015, 12:40 PM

Barista FIRE
Group Icon
Elite
5,608 posts

Joined: May 2011
From: Here, There, Everywhere


QUOTE(Showtime747 @ Aug 18 2015, 09:43 AM)
My sifu,

Hot money from KLCI came from USA QE. When QE started, KLCI was around 1000 point. And it drove up the KLCI to 1800 over a few years

Now hot money is leaving by dumping equity. So, the bottomline should be 1000 point. Give it some inflation and margin of error 20%, say 1200 point.

So, 1200 is the target and in the meantime, let's short kaw kaw with confidence !  thumbup.gif
*
wah - U also bottom-line it to 1,200? me too.
hehe - great minds think alike... or hopefully not fools flock together.

anyhow, personally, i'll start baiting my hooks if KLCI hits below 1,400
and start fish bombing below 1,200 tongue.gif
Showtime747
post Aug 18 2015, 12:49 PM

Look at all my stars!!
*******
Senior Member
4,258 posts

Joined: Nov 2012
QUOTE(wongmunkeong @ Aug 18 2015, 12:40 PM)
wah - U also bottom-line it to 1,200? me too.
hehe - great minds think alike... or hopefully not fools flock together.

anyhow, personally, i'll start baiting my hooks if KLCI hits below 1,400
and start fish bombing below 1,200 tongue.gif
*
My Seafood, tongue.gif

1200 is just a wish. If RM stabilize at 4.1 - 4.2, then klci will rebound and won't reach 1200. My guess only lah....

I am already fishing now. At least get some smaller fish first. If 1200, then fish would be big tongue.gif

One theory is those foreigner want to leave, most would already left. Those still here will be for the longer term. So this theory sees there will be a limit to RM falling
wil-i-am
post Aug 18 2015, 05:26 PM

10k Club
********
Senior Member
10,001 posts

Joined: May 2013
17 Aug 2015 09:20 UTC - 18 Aug 2015 09:21 UTC
USD/MYR close:4.08214 low:4.08169 high:4.12220

MYR start to U-Turn?
Nauts
post Aug 18 2015, 05:31 PM

Casual
***
Junior Member
340 posts

Joined: Jun 2011
1.00 USD = 4.08057 MYR
US Dollar ↔ Malaysian Ringgit
1 USD = 4.08057 MYR 1 MYR = 0.245064 USD
yck1987
post Aug 18 2015, 05:34 PM

Enthusiast
*****
Senior Member
808 posts

Joined: Apr 2009
QUOTE(wil-i-am @ Aug 18 2015, 05:26 PM)
17 Aug 2015 09:20 UTC - 18 Aug 2015 09:21 UTC
USD/MYR close:4.08214 low:4.08169 high:4.12220

MYR start to U-Turn?
*
Ya,

SGD/MYR 2.9078 , noon time was 2.92+
wil-i-am
post Aug 18 2015, 07:12 PM

10k Club
********
Senior Member
10,001 posts

Joined: May 2013
QUOTE(yck1987 @ Aug 18 2015, 05:34 PM)
Ya,

SGD/MYR 2.9078 , noon time was 2.92+
*
17 Aug 2015 11:00 UTC - 18 Aug 2015 11:06 UTC
USD/MYR close:4.06371 low:4.06336 high:4.12220

Slowly goin South
AVFAN
post Aug 18 2015, 07:55 PM

20k VIP Club
*********
All Stars
24,456 posts

Joined: Nov 2010
QUOTE(wil-i-am @ Aug 18 2015, 07:12 PM)
17 Aug 2015 11:00 UTC - 18 Aug 2015 11:06 UTC
USD/MYR close:4.06371 low:4.06336 high:4.12220

Slowly goin South
*
i doubt it, not so soon.

think rm has dived too fast, will hv breathers.

political scandals well contained for now, u know the "winners" are at this time.

but... oil and other commodities still falling, global economy incl china not looking good.

for the rm, likely increased volatility more than anything else

This post has been edited by AVFAN: Aug 18 2015, 07:56 PM
ikanbilis
post Aug 18 2015, 09:26 PM

Trusted member since 2003
*******
Senior Member
2,543 posts

Joined: Jan 2003
QUOTE(AVFAN @ Aug 18 2015, 07:55 PM)
i doubt it, not so soon.

think rm has dived too fast, will hv breathers.

political scandals well contained for now, u know the "winners" are at this time.

but... oil and other commodities still falling, global economy incl china not looking good.

for the rm, likely increased volatility more than anything else
*
Agreed. It' far from over. The worst is yet to come.

Will the FED raise interests rate in Sep?

Local political turmoil?

Bank Negara foreign reserves being further depleted?


AVFAN
post Aug 18 2015, 10:03 PM

20k VIP Club
*********
All Stars
24,456 posts

Joined: Nov 2010
mgs 10 yrs yield been creeping up lately, hit 4.30% and closed 4.28% today.

http://www.bnm.gov.my/index.php?tpl=govtsecuritiesyield

nexona88
post Aug 18 2015, 10:13 PM

The Royal Club Member
*********
All Stars
48,519 posts

Joined: Sep 2014
From: REality
QUOTE(AVFAN @ Aug 18 2015, 10:03 PM)
mgs 10 yrs yield been creeping up lately, hit 4.30% and closed 4.28% today.

http://www.bnm.gov.my/index.php?tpl=govtsecuritiesyield
*
a Good Thing or a Bad Thing? hmm.gif
AVFAN
post Aug 18 2015, 10:32 PM

20k VIP Club
*********
All Stars
24,456 posts

Joined: Nov 2010
QUOTE(nexona88 @ Aug 18 2015, 10:13 PM)
a Good Thing or a Bad Thing? hmm.gif
*
mgs = malaysian government securities.

yield goes up when price drop.

price drop when holder sell.

>40% held by foreigners.

This post has been edited by AVFAN: Aug 18 2015, 10:32 PM
nexona88
post Aug 18 2015, 10:40 PM

The Royal Club Member
*********
All Stars
48,519 posts

Joined: Sep 2014
From: REality
QUOTE(AVFAN @ Aug 18 2015, 10:32 PM)
mgs = malaysian government securities.

yield goes up when price drop.

price drop when holder sell.

>40% held by foreigners.
*
okay.. understand..

btw what is highest MGS yield in history? 5%?

125 Pages « < 79 80 81 82 83 > » Top
Topic ClosedOptions
 

Change to:
| Lo-Fi Version
0.0242sec    0.35    6 queries    GZIP Disabled
Time is now: 13th December 2025 - 03:51 PM