forgive my ignorance in global finances, but does this include Malaysia??

u can see it is #9 on the chart of more than 35 or so.

some foreign money has already left.

the article theorizes that if us hike rates tmrw, more will leave.

This post has been edited by AVFAN: Sep 16 2015, 03:35 PM

So it's shown that Malaysia is also part of the current Terrible Ten?


Marks the waste of RM20b

This post has been edited by lunatique: Sep 16 2015, 03:42 PM

1.00 USD = 4.23 MYR

1.00 SGD = 3.02 MYR

its getting better right.but slight difference only

could be because of Public Holiday today

dont htink so..most probably its because of the announcement najib made regarding the 28billion ringgit allocation

Previously 20b, now an additional 28b?

28 or 20??...i not sure..yesterday news paper i saw 28 b

I wud opined traders have factor-in 'worst case' scenario b4 the Rally
However, biz as usual after Rally ended
Thus, traders cover position ASAP

not scaring anyone, but pls consider the possibility...

what happens to the rm then?

http://www.freemalaysiatoday.com/category/...mic-strategy-2/

ValueCap's funds will soften decline, not trigger boom
http://www.malaysiakini.com/news/312524

The uptrend experienced by Bursa 2 days ago will fizzled out?

But the 20b has not even been deployed yet.

I guess so.
Wahid said the 20b come from the three owners of valuecap, if the market shore up is a failure, better reassess your investment in ASX.

This post has been edited by aeiou228: Sep 16 2015, 08:35 PM

Precisely
How long can the momentum last as the uptrend is supported by artificial monies

ASx is a different species on its own
ASNB will use the 12 ASx within the family members to buy n sell so tat Report Card looks gud during exam

Depend on the amt you are TT'ing out. For Maybank :-

1) If equal to or less than RM10K, can use the online method. Charge is RM15 per transaction.

2) If greater than RM10K, need to go to the branch to perform the TT. Charge is RM25 pre transaction. Need to fill-in forms and to abide by certain rules.

Transactions and charges are different for CIMB and RHB. Maybank is used in my eg above because Maybank is more commonly used by my friends. I use all three banks, I compare the rates and charges and select the best bank.

aeiou228,

Even if it is successful, it is a temporary fix. It does not address the fact that the economy is doing badly. Meanwhile, the ASx holder (non-ASB) are counting on things will do fine for a long time while they are collecting 6+% dividend every year.

This is BASICALLY a BAD BET.

A) If you win, you ONLY collect 6+% per year. Please note that even if the ASx holder collect 6+% of dividend, they can still lose purchasing power as long as RM drop even further. It is still a loss.

B) If you lose, you will lose a lot more.

We have not even thrown in the fact that most ASx holder are essentially putting all their eggs into ONE basket since 20+% of their gross income are in EPF.

We cannot save the DUMMIES.

Dreamer

Precisely. A fund name will appear in the disclosures when it has been used to buy or sell a counter.

To know more, one has to follow closely the ann'ts by PNB, and then drill down into the report to check if it is an acquisition or a disposal of shares done by a fund, and most importantly : at what price was the acquisition made, and at what price was the disposal done, if any was done.

If the share price falls below an earlier acquisition price, then we know that the ctr held by a particular fund has experienced a capital loss against an earlier Buy Price of the ctr. If we keep seeing capital loss being experienced by a fund that we are holding, then we have to start being alert !!!

Of course, the reverse is also true for the same fund that we are holding.

We have a lot of work to do now,... no other choice.

This post has been edited by Hansel: Sep 16 2015, 09:13 PM

Unless China want to trigger worldwide currency havoc, I think it is unlikely.
There is no reason for them to do so currently and with current situation.

Previously they 'tested" the market with 3% devaluation, already caused so much turbulence in the market as well as sink the stock market severely which hurting themselves as well in the process.
The aftermath, the PBOC did intervene the Yuan by buying it aggressively in the market to stablise the situation, already signalled they did not want to see too much turbulence in the market.

Nobody wants to do something that benefit no one.