Stronger ringgit by year-end?
http://www.thestar.com.my/Business/Busines...rend/?style=biz

Sure will while in parallel MYR will touch new high against SGD1 for rm3.10 and RMB100 of rm80

Fundermental is good, no doubt. But the people managing the economy is

Just imagine the country's economy as a company's business. No matter how good the company's business and its prospect is, if the management tries to take advantage for personal gain, nobody will buy the shares in the company and the share price will plunge

Yup, running a country is like running a business.
The CEO(PM)'s move will decide the faith of the company

Very true but it's happening now in Malaysia

-markd-

I wonder if Tim Cook transfer a few billion to his personal account, what would happen to Apple's share price

I believe he will not stupid until that level.. Everything will be clear soon, whose will transact so big amount into that account just to frame a person?

Ya Tim Cook is not that stupid. But I am not sure about others

I wonder MYR will goes up to 3.80 or not on monday

No other way to find out than to wait and see.

I'm also curious how the Bursa shares will react on Monday.

If not Monday, then in weeks to come will sure touch that level. Unless the government really work on and solve their problem and restore confidence. Not only foreigner will ditch RM, but our own citizen will convert their RM to forex. You can see even students now are asking how to convert RM to US$.

In that case, we can see RM falling even more until it get past 3.80... zoom up to 4.00 and go beyond.
Once it gets past 4.0, there will be panic. The politicians will come out and start blaming others for speculation and currency attacks. Maybe even start blaming G.Soros again.. for same stupid reason., just like 18 years ago but do not dare to look at own backyard.

This post has been edited by danmooncake: Jul 5 2015, 10:21 PM

My friends in bursa just told me there's a massive sell off now.. I believe investor are started to pulling off now

Not sure but BNM sure will do something unless they let MYR die.. I believe Obama still interested with our super oil

Malaysian style keep on blaming will never stop. Like our mr mazlan telling lies bout Dr.M effected our MYR. Which is not true. I don't know why those typical idiots love to framing ppl for personal benefit.

Hmm...I don't think it would be across the board, maybe specific to certain companies which may be more vulnerable to negative sentiment than others ?
But will have to see this coming week.

I'll be more impress to watch my forex trading instead. Not interested in bursa at time being.

heavy traffic at this link now.



This post has been edited by AVFAN: Jul 5 2015, 11:05 PM

Respect tmj all the way spoke up for the nation.. even tho he is umno but he dare to speak.