Ya I agree with you. Direction is there (that malaysia is heading for a tough time), but claiming the economy is doomed and will never recover is too extreme. That is too negative.

As a good investor, we should not write any possibilities off and bet everything in 1 go. The world is so fluid. Everything is possible. By "Sai Lang" on an extreme belief, these extreme investors are putting all their money in a 1 way traffic. If the direction changes, they could not take advantage of changing tides

I suspect unker dreamer has made a "Sai Lang" bet a few years ago. He wants to see his decision was right to prove to himself he is not wrong. Hence his extreme view. Just my guess 

HLIB Research: Ringgit to hit 4.00 level against USD by year-end, international reserves to stabilise



As such, depreciation pressure on emerging market currencies, including the ringgit, will slow down in the short term, it added.
http://www.theedgemarkets.com/my/article/h...?type=Corporate

Showtime747 likes to ask other people to predict exact time but he never predict a precise time himself.

U.s is still the largest oil producer in the world.

Idling shale oil production doesn't take long to reactive, oil price is unlikely to sustain over $60.

that is well known.

not only props but car loans, credit cards and personal loans for furniture, weddings, tv's, ipads, holidays.

and you keep hearing, "what's wrong with incr debt as long as gdp grows".

so, here we are - the rm falls hard when the wind blows.
as we speak, 4.300.

He lost half of his saving many years ago.. dunno which bust was that.

I was waiting for lelong until my neck long liao

I was waiting for lelong until my neck long liao

Those who hold SDG or SGD denominated investments, there might be a risk coming that MAS might do further monetary easing

http://www.theedgemarkets.com/my/article/s...ary-easing-risk

UOB: Malaysia appears to have sufficient reserves
http://www.theedgemarkets.com/my/article/u...icient-reserves

V r safe?

UOB: Malaysia appears to have sufficient reserves
http://www.theedgemarkets.com/my/article/u...icient-reserves

V r safe?

These goons do not understand how to manage a budget. That's why EVERy year they have to have a supplementary budget.

prophetjul,

1) Correction.  Every year, they have 2 supplementary budgets for previous year's budget.

2) Some people believe that Malaysia has unlimited Oil Money.  So, "Don't worry, be happy!!"

Dreamer

23 Sep 2015 06:20 UTC - 23 Sep 2015 18:25 UTC
USD/MYR close:4.37650 low:4.34180 high:4.37943

HLIB Research: Ringgit to hit 4.00 level against USD by year-end, international reserves to stabilise

http://www.theedgemarkets.com/my/article/h...?type=Corporate

KUALA LUMPUR: The ringgit is forecast to reach the 3.55 to 4.20 level against the US dollar by the fourth quarter of this year, and hit 4.00 at year-end as the strength of the greenback will eventually taper off due the recent dovish Federal Open Market Committee (FOMC) statement.
Hong Leong Investment Bank (HLIB) said the depreciation pressure on emerging currencies, including the ringgit, would ease in the short term.
The investment bank said the US Federal Reserve (Fed) would be very careful on its interest rates lift off to ensure that growth momentum was not jeopardised.
http://www.freemalaysiatoday.com/category/...s-dollar-in-q4/

this alternative report about hlib is quite different:
such low confidence from an ib, might as well say 3.0 to 5.0!

Do Malaysia, South Africa Deserve Junk? Moody's Model Says Yes

Six developing nations including Malaysia and South Africa deserve to follow Brazil into junk status, if credit-default-swaps traders are to be believed.
http://www.bloomberg.com/news/articles/201...-model-says-yes



23 Sep 2015 01:30 UTC - 24 Sep 2015 01:30 UTC
USD/MYR close:4.38200 low:4.31336 high:4.38470