Banks already set a large portion for provisioning for the expected NPL

Dah campur below 18, legal foreign workes, illegal foreign workers, illegals etc or not?

I still dont see how they achieved this number based on the number of vaccines they had.

You mean paper profits?

https://www.thestar.com.my/news/nation/2021...ully-vaccinated

You lied, he lied, she lied... who cares...  

FYI When Najib took power, KLCI rose by 100%, we could possibly see KLCI breaking an all-time high 2000 if the macroeconomic trends align with investor's sentiment, be it foreign, local or retail. It only takes a few billion USD to push KLCI to the moon and beyond. The problem is Inari and tech companies need to get added and Supermax and TopGlove kicked out which are not going to happen in forever. And kick out the GLCs which is not happening either. A distant but certain future

My stocks to watch (only blue chip and large caps):

Shipping Rank 3: MISC
Plantation Rank 2(unique moat and business in Malaysia): KLK, Hapseng, Batu Kawan
Financials Rank 4: Public Bank
Technology Rank 1: Inari, MPI, Vitrox

Besides technology, plantation looks like the next sector. When foreign funds go to an emerging market in Asia and pump stocks, they usually pick local companies that have this sort of a unique moat and exclusivity in a particular region.
Vietnam: Textile, plastic, paper
Taiwan: Electronics (TSMC), Shipping (Evergreen Marine Corp, YangMing Corp)
Malaysia: Plantation??? Energy not likely because the US is also a behemoth in this sector.

However, the problem with plantation is ESG risks (an annoying buzzword) and the fact that they have already been pumped before 10 years ago. So, try to find the one with the least political affiliation, ESG-compliant, and not been pumped a lot in the last 10 years coupled with good fundamentals and technicals. Plantations have been dead for years. I've been monitoring FCPO trades and sense some form of manipulation going on. To the north of course

Also interested to hear which plantation company or any large companies are you all looking at since our KLCI is officially no longer bearish. Not that confident with plantation honestly although the index, trends and sentiment lines up. FCPO is back to 2008 high which is absolutely insane

OMG posting hit low record and what happen to our traders?

Earn enough or long term suffering south diarrhea ?

I not good either and hitting badly on -53.61 P/L 

Anyone here still earning profit for pandemic years?  Any successful use case to share your victory ? Thanks

Not directly.
But not sure if some of the China funds I'm invested into have it on their books. Looking at the Jan - Sep graph makes for depressing reading.

Can still laugh about it though with my buddies. At least I can make some of them feel better that they aren't the only ones making loss in the group.
If the Fed starts hammering, the fallout will be huge for an asset held up by nothing but investor sentiment.
Don't see such a measure in the near future though.
I guess we are in agreement that the current dip is due to Harta.
You should go see the noise the Harta and other glove shareholders are making now to the Harta boss.

Oh, maybe a bit of sunshine is that I took a small position into Inari a couple of months back.
My first Tech venture though I'm not completely comfortable with the industry.

For me there is a little difference between Harta and Serba.

Serba was a big deal because it was dishonesty on the books.
Harta was making a comment on future prospects. Which is great when you are an impartial analysts, not so great when you are the CEO in a vested company.
JPM said 3.50 was the target a year ago. We have reached this point.
There is no prediction beyond this and we shouldn't take the 3.50 to apply in perpetuity. That target is met. We will need to wait for the next one.

Gloves is probably one of the most uncertain industries right now. Yes, we expected ASP to fall in Q3. But the waterfall didn't happen and it seems like the bottomline impact to revenue is happening more gradually than I expected. Whether it continues to taper gradually or drastically is anyone's guess. Especially with the China players.

But as they say, in uncertainty comes the opportunity for the most profit.
For the conservative, there are more stable industries to be in.
For the punter and the aggressive trader, opportunity knocks.

Oh yes !

Sometimes it is better never attempts to explain why specific market trend arise...

Just acknowledges it will do, and most important how do you act/ react towards the random walk...

TG QR is out.
Net profit dropped to 600m this quarter compared to 2b last quarter.

I see a correlation along the lines of experience or time in the game. Time really moulds your person in this domain.
Young fund managers tend to be more grounded than the average man on the street. The most emotionally volatile character I have seen is not a young person, but a 60+ retiree who went into the stock market for the first time last year. Being in retirement with your life savings on hand, with a very emotional temperament, and going into the stock market with the wrong crowd was really a recipe for disaster. Unfortunately, I think a fair amount of people lost life savings this year.
Back on China news, Beijing's expected intervention has materialized.
Maybe I can ease off the worry of my China portfolio getting pummeled even more.

I'm no antivax either, but I can't help but feel like something isn't right.

These days whenever I see recent videos of US or UK, it's like nobody wears a mask anymore. I've seen recent clips of people in UK attending a football match, the whole stadium was crowded and almost nobody wore a mask. I have a friend who's in the UK now too, who mentioned you'll be given weird stares if you wear a mask. Almost none of the locals wear it.

Also the recent MET gala event where none of the rich elites wore a mask but all the reporters and waiters/service people in the event had to wear a mask, and the Oscars where none of the superstars wore a mask during the indoor event. Don't give me the bullshit that these rich elites don't have to wear a mask because they all took 2 shots of vaccines, then why the non rich elites in the event can't do the same? It's clearly a rich elite vs working class thing. The hypocrisy is unreal.

I don't even know who or what to believe anymore. WHO isn't 100% trustworthy since they're in bed with China (yes WHO, we 100% believe you that China is completely innocent, and the cobis virus totally originated from America)

What are the "H and K" counters you mentioned anyway?

seriously, everytime i come here to read opinions, i am left with the feeling of doom and gloom rather than positivity for our market. thanks for making the stressful task of buying shares even more stressful.

lol