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 STOCK MARKET DISCUSSION V150

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ChAOoz
post Mar 18 2025, 09:38 PM

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QUOTE(icemanfx @ Mar 18 2025, 08:19 PM)
Indonesia's stock market halted trading on Tuesday for the first time since 2020 after the benchmark Jakarta Stock Exchange Composite Index plunged more than 7% from the previous day's close, reigniting concerns over economic stability and consumer sentiment.

The Indonesia Stock Exchange halted trading for 30 minutes this morning after the index lost 5%.

The Indonesia Stock Exchange announced on Tuesday that a temporary halt on the trading system was confirmed at 11:19:31 Jakarta time due to the IDX composite's decline. When trading resumed, the index extended its losses to 7.1% at one point, before regaining some ground.

https://asia.nikkei.com/Business/Markets/Eq...-trading-halted

Will this drop spread to other ASEAN market like AFC 1997?
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Indonesia is not the first. Thailand is the first of SEA and now Indonesia.

Surprise to admit but in comparison Malaysia is more well run with our gov doing the correct steps of reducing deficit. Increasing revenue collections and reducing stimulative spending. Nevertheless we still see foreign fund outflow hitting bursa with index going below 1.5k. But i believe we wont have panic capitulation like indo unless tariff target our export hard on april 2nd

Both thai and indo is a result of wrong policy at the wrong time.



ChAOoz
post Mar 19 2025, 06:41 PM

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QUOTE(icemanfx @ Mar 19 2025, 05:40 AM)
Believe similar was said in 1997.
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It might be a repeat of 97 or it might not. But rationally i don't think it will and i dont wish for it.

I think its good to be grounded and not fall prey to euphoria/exuberance, but never let it cloud your decision till you find joy more towards seeing people / market fail than growing your own wealth.

As per Munger quote.

QUOTE
"As said before, we compare relatively, most with those we know really good or with whom we have a similar starting point. But what is frightening, when we are envious, we not only feel bad, we make often poor and unreasonable decisions.

'There is an old Russian story where a farmer finds a magic lamp. He rubs it, and a genie appears who promises to grant him one wish. The farmer thinks for a moment then says: 'My neighbor has a cow. I don't have a cow. I wish my neighbor's cow dead.''- Peter Bevelin


This post has been edited by ChAOoz: Mar 19 2025, 06:42 PM
ChAOoz
post Sep 19 2025, 09:27 AM

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Intel might finally wake our local klse technology counter back to life
ChAOoz
post Sep 19 2025, 10:27 AM

Look at all my stars!!
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Joined: Dec 2007
QUOTE(Smurfs @ Sep 19 2025, 09:31 AM)
ooo ? Any news behind?

My friend from intel just got VSS  laugh.gif
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With intel significant foot print in Penang and couple with recent nvidia involvement.

We could potentially be an alternative hub to taiwan/tsmc for future ai chip front end and back end processes. Surely will have spill over effect to all local semicon supply chain players.

 

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