I think our stock market doesn't move as much with US compared to others due to the fact our market is largely domestic players and not over valued. I am for one waiting for bank stocks to drop but surprisingly it is quite stable and even went up yesterday despite mco 3.0. I think strictor mco or political turmoil affect our market more than US market movement.

In terms of Banks and the potential NPLs post moratorium, it is already provisioned for in last years budgeting exercise.
Expected to go 3-4% from 1.5-2% from before the pandemic.

Across the board with the main segment coming from retail.
These are just industry estimations from end of Q1. If you hold a pessimistic view, yes it could end up being worse.

Look at

KPOWER
FRONTKN
TASCO
LIONIND..
Deep blood.. deep dive many days.. 

Good sharing!
Yup... obviously one should never touch anything related with Lion .....

Million dollar question 🙋‍♂️

What should we do during hyperinflation? Hold stocks? But knowing it will crash one day and hope we are not the last one in the musical chair game? I have not been into such phase in my life

Thanks uncle
have to slowly adjust my style of investing trading technique 
Indeed here is a good place for exchanging views and insights   always great to view in different lens of others
But what goes down will comes up. sunset for reits today will be another sunrise for reits in few years time
I'm looking forward to gold backed cryptocurrency using smart contract. no need to break down of physical gold as it is stored in london, sg or US, flexible and reliable payment method. perfect storage of wealth and usage as currency
Yes, if wrong, then it is wrong, no point for sulking. therefore always stanby cash aside for emergency fund because you don't know when you'll be needing it 
I think property will be a lilt stagnant in Malaysia. Singapore maybe a better place to speculate on properties. by the way, BTC just crashed, with a big surprise

Mahsing just got approval for manufacturing. Fly 🌠✈️🚀🛸

Watching the bounce today.
And I'm wondering how many punters are actually in Bursa because Genting is closed now.

I know of some retailers who were bullish on gloves and other local stocks until the start of this year.
The subsequent drop threw them all out of the market, and they migrated to crypto in Mar/Apr just to be met with another crash.

I got no skin in the game when it comes to crypto so am happy with the observer status for now.
At least it is something to talk about.

Besok saturday my friend. 

Automotive components like workshop/parts are allowed to open.

The 10% limit is most puzzling. There are many good small business that are built on a small workforce. 10% of a workforce of 10 people, how to operate?

here's an article on London Biscuits...

https://www.theedgemarkets.com/article/lond...tle-rm983m-loan

Do note that I am not implying anything on Serba but just that I want to point out why this article is worth noting/reading...

Quote: The company cited cash flow constraints for the default, which has raised eyebrows, as its books show that it is asset rich. As at March 31, 2019, total assets amounted to RM845.83 million, which translated into a net asset value per share of RM1.57.

Quote: From FY2014 to FY2018, London Biscuits’ asset acquisition ranged from RM23 million to RM59 million, averaging at RM43.25 million per year. The bulk of the asset additions to the company is found in its plant and machinery, with the additions averaging RM23.97 million per year.

By comparison, Oriental Food’s asset acquisition over its last five financial years averaged RM16.51 million while that of Apollo Food averaged RM7.64 million.

It is worth noting that London Biscuits’ external auditors gave a qualified opinion on its financial statements for FY2018. The auditors said that they were unable to obtain sufficient appropriate audit evidence in respect of acquisitions of plant and machinery totalling RM52.46 million that year.

The auditors also highlighted that they were unable to ascertain the correctness of the ageing data of its trade receivables as well as the related information used to calculate and measure the expected credit loss required under MFRS 9.

Quote: London Biscuits’ trade receivables more than doubled from RM100.55 million in FY2014 to RM212.82 million in FY2018. However, revenue contracted 14.2% to RM308.7 million over the same period.

Revenue did increase between FY2014 and FY2016 to RM436.51 million from RM356 million previously. However, it fell to RM426.02 million in FY2017 and then to RM308.7 million in FY2018.

It is worth noting that trade receivables surged 76% to RM177.13 million in FY2015 from RM100.55 million in the previous year. A total of RM62.24 million in allowance for bad debts was made in FY2018. This came alongside a RM1.99 million impairment of trade receivables and RM1.57 million worth of bad debts being written off.

The allowance for bad debts of RM62.24 million was the highest over the five years. Prior to that, there were hardly any allowances and no bad debts were written off.

Quote: It is safe to say that one of London Biscuits’ main sources of cash flow is borrowings. From its statement of cash flow, it appears that the group’s operations have been financed by loans in three out of the last five financial years.

Cash flow from operating activities for FY2018, FY2017 and FY2015 were in negative territory of RM12.52 million, RM109.27 million and RM27.13 million respectively. Meanwhile, its cash flow from financing activities amounted to RM72.34 million (FY2018), RM83.63 million (FY2017) and RM57.07 million (FY2015).
=======

too bad the article did not mention how London Biscuits debts soared .....
But yes... rocketing receivables is something one should keep an eye on.

even ASP at 50
TG still can make 1B profit for next Q

Andre sifu is from the glove industry (am I right), if he redflag, you should take heed ... hehe