I think key in wrongly.

This type of mistake almost happened to me.
Thought quantity was in units but it was actually in lots (x100).

Keyed in 2 extra zeroes but luckily caught it at confirmation.

His scam kena exposed lo. Dunno what happened next.

It wasn't right what he did.

Luckily we are having Raya holidays.
My US portfolio got smashed.

Scam? What happened? Writing stock recommendations?

I remembered we mentioned we got saved by our public holidays the few times US market went bonkers.

My portfolio in StashAway got hit badly

Now that you mentioned it, I went in to have a look.
5-6% overnight hit.

Oh well, topped up a bit.

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.

Did post the link earlier...

https://www.theedgemarkets.com/article/sc-a...es-social-media

Ohh...

I did buy few of the stocks he recommended. Only that I bought it before he recommended them.

Yeah, banks stocks didn't get rock alot, I thought would go down and can get a bit for long term.

Is moratorium still ongoing? Once this stop, I believe we will see a clearer picture. Besides government has allowed withdrawal from epf which flushed the market with temporary liquidity. If USA needs to print money, I don't see how other market is not affected. Yes, Asian countries tend to have higher rate of savings but I would say 60% has very low to nil savings.

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.

Is this just consumer loan or include commercial lending? I believe numbers will be much much higher.

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.

Personally I think it will be very bad. For example, in steel industry, business is really bad but we're saved by the crazy ride in steel price which has increase 70% by now. Basically we're trying to sell everything we had and only buy what's needed.

I strongly feel one should have own integrity and avoid making postings on stocks with hidden agendas.

What is shocking is what the old fart did was much worst....

seems like there are parties who trying to push up KLCI index related stocks today

Gold related stocks all flying strong today.

meanwhile 200 up and 800 down, it's always 1:4 kinda 20% chance of winning selecting stock in bursa.

If anyone's bursa portfolio daily change is green today compared to yesterday, please stand up shifu.