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 USD/MYR drop, v3

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nexona88
post May 25 2016, 12:14 AM

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1.00 USD = 4.10711 MYR
bbgoat
post May 25 2016, 08:32 AM

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QUOTE(aromachong @ May 24 2016, 11:37 AM)
4.13  bangwall.gif  bangwall.gif  bangwall.gif
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Hind sight always perfect ! You should be happy that u gain the target profit. console.gif Unlike my case of losing RM1 mil due to greed. cry.gif cry.gif



This post has been edited by bbgoat: May 25 2016, 08:35 AM
aromachong
post May 25 2016, 08:33 AM

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QUOTE(bbgoat @ May 25 2016, 08:32 AM)
Hind sight always perfect ! You should be happy that u gain the target profit.  console.gif Unlike my case of losing RM1 mil due to greed.  cry.gif  cry.gif
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human always learn from failures tongue.gif
bbgoat
post May 25 2016, 08:35 AM

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QUOTE(aromachong @ May 25 2016, 08:33 AM)
human always learn from failures  tongue.gif
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I also have a colleague in Shanghai regret 5 years later that he did not buy a bungalow which appreciated by RMB10 million ! biggrin.gif

This post has been edited by bbgoat: May 25 2016, 08:36 AM
aromachong
post May 25 2016, 08:38 AM

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QUOTE(bbgoat @ May 25 2016, 08:35 AM)
I also have a colleague in Shanghai regret 5 years later that he did not buy a bungalow which appreciated by RMB10 million !  biggrin.gif
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yeah i agree this 1..

nowadays small house will cost u easily RMB million especially at big city shanghai shenzhen beijing guangzhou ...
bbgoat
post May 25 2016, 08:48 AM

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QUOTE(aromachong @ May 25 2016, 08:38 AM)
yeah i agree this 1..

nowadays small house will cost u easily RMB million especially at big city shanghai shenzhen beijing guangzhou ...
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I was in SH for 5 yrs but regret did not buy any house at that time. If not could earn easily RMB 2 million per apartment. bangwall.gif bangwall.gif

This post has been edited by bbgoat: May 25 2016, 08:50 AM
aromachong
post May 25 2016, 08:49 AM

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QUOTE(bbgoat @ May 25 2016, 08:48 AM)
I was in SH for 5 yrs but regret did not buy any house at that time. If not could earn easily RMB 2 million per apartment.  bangwall.gif  bangwall.gif
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haha.. u missed da boats .. but anyway move forward many good opportunities waiting for u .. no worries
bbgoat
post May 25 2016, 08:52 AM

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QUOTE(aromachong @ May 25 2016, 08:49 AM)
haha.. u missed da boats .. but anyway move forward many good opportunities waiting for u .. no worries
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U are a more savvy investor. Got to learn from the sifu ! notworthy.gif notworthy.gif
nexona88
post May 25 2016, 05:18 PM

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Closing was 4.1060 as per BNM @ 5pm
cpng75
post May 25 2016, 07:16 PM

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Ringgit big boast by Toyota.

Toyota Motor Corporation has confirmed plans to build a new factory in Malaysia. The new plant will be located in Bukit Raja Industrial Estate, Klang, and will have an initial annual production capacity of 50,000 units a year, which can be expanded with increased demand. Combined with the current factory, Toyota’s Malaysian production volume will be around 90,000 to 100,000 units per annum.

UMW Toyota Motor (UMWT) will invest approximately RM2 billion for this project, a total sum that includes land cost, construction, equipment and engineering support from Thailand and Japan. It is the biggest investment ever by UMWT in the company’s history.

The 670,000 square metres new plant is part of Toyota’s plans to reorganise its production system in Malaysia. The current Assembly Services Sdn Bhd (ASSB) factory will be left to focus on the production of commercial vehicles, while the new plant takes on production of passenger cars, including Energy Efficient Vehicles (EEVs).

http://<link removed>/2016/05/25/toyota-confi...t-50k-capacity/
cpng75
post May 26 2016, 08:40 AM

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Sokong 1 Malaysia. Sokong Ringgit.
aromachong
post May 26 2016, 09:04 AM

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QUOTE(cpng75 @ May 25 2016, 07:16 PM)
Ringgit big boast by Toyota.

Toyota Motor Corporation has confirmed plans to build a new factory in Malaysia. The new plant will be located in Bukit Raja Industrial Estate, Klang, and will have an initial annual production capacity of 50,000 units a year, which can be expanded with increased demand. Combined with the current factory, Toyota’s Malaysian production volume will be around 90,000 to 100,000 units per annum.

UMW Toyota Motor (UMWT) will invest approximately RM2 billion for this project, a total sum that includes land cost, construction, equipment and engineering support from Thailand and Japan. It is the biggest investment ever by UMWT in the company’s history.

The 670,000 square metres new plant is part of Toyota’s plans to reorganise its production system in Malaysia. The current Assembly Services Sdn Bhd (ASSB) factory will be left to focus on the production of commercial vehicles, while the new plant takes on production of passenger cars, including Energy Efficient Vehicles (EEVs).

<a href='http://<link removed>/2016/05/25/toyota-confirms-new-malaysian-plant-in-klang-rm2-billion-investment-50k-capacity/' target='_blank'>http://<link removed>/2016/05/25/toyota-confi...t-50k-capacity/</a>
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what has this problematic brand car have to do in this usd/myr thread?
cpng75
post May 26 2016, 12:40 PM

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Toyota new investment in Malaysia give market confidence.More FDIs flowing into country mean Ringgit getting support.
nexona88
post May 26 2016, 12:44 PM

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maybe because of tis good news on Toyota investment, ringgit strengthen a bit today? hmm.gif

4.07880 MYR now
cpng75
post May 26 2016, 12:56 PM

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QUOTE(cpng75 @ May 26 2016, 12:40 PM)
Toyota new investment in Malaysia give market confidence.More FDIs flowing into country mean Ringgit getting support.
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These type of investment was prohibited in Dr Ma era.
Now Toyota making Malaysia first out of their new global strategy investment hub which will following by Guangzhou China and Mexico.

Market start guessing any more new automobile big guns follow suit??
cpng75
post May 26 2016, 12:59 PM

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Big new FDIs flowing into country impact are greater than those portfolio funds.

And also sign of Ringgit downside limited in future.
TSwil-i-am
post May 26 2016, 01:06 PM

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QUOTE(cpng75 @ May 26 2016, 12:59 PM)
Big new FDIs flowing into country impact are greater than those portfolio funds.

And also sign of Ringgit downside limited in future.
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Better short now b4 too late
TSwil-i-am
post May 26 2016, 01:06 PM

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Trading at 4.074x/4.081x now
blah2blah
post May 26 2016, 01:07 PM

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If Toyota coming in, then if XiaoMi also come then Ringgit also soar
nexona88
post May 26 2016, 01:13 PM

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QUOTE(andrewcha @ May 26 2016, 01:07 PM)
If Toyota coming in, then if XiaoMi also come then Ringgit also soar
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XiaoMi planning for investment in Malaysia?? confused.gif

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