MY BAD LOL, shit. I will edit the post above to prevent misinformation spreading

After moratorium flushes out all the weak holders, can consider buy in slowly monthly

https://www.thestar.com.my/business/busines...ions-attractive

Not a TG holder, but BI is the explanation

Whoever wants to buy cheap stocks for long term investment, should wait patiently for the moratorium flushing, especially those with heavy retail participation.

Split everything into 3, include NTA, dividedns and earnings cause your total share number increases 3 times

Yeah, with liquidity going out, share price only downtrend (price is only as good as what the next buyer willing to pay), buy for capital gain sure gg.

They switch the money from stock to bonds

Retailers participation are getting lesser and lesser for the next upcoming 6 weeks. With no new buyers, the counters (gloves, pharma) with very high retailer participation are very likely to drop.

Whatever stocks that you want to buy, might as well wait 6 more weeks. Confirm there will be people who are forced to sell their stocks at loss for loan repayment, and will trigger a panic selling spiral.

The records show that five global banks — JPMorgan, HSBC, Standard Chartered Bank, Deutsche Bank and Bank of New York Mellon — kept profiting from powerful and dangerous players even after US authorities fined these financial institutions for earlier failures to stem flows of dirty money.

It’s the nature of banking: They move money,”. “So despite all the efforts to crack down on this, there’ll always be some criminal money moving through the banking system. It’s very small portion of the trillions of dollars they handle every day.” One example highlighted in the report: JPMorgan moved more than US$1 billion for the fugitive financier behind Malaysia’s 1MDB scandal, based on records.
https://www.malaysiakini.com/news/543395
BYE BYE


A total of 23 transactions involving Malaysian banks were flagged as “suspicious” by United States banks in a recent document leaks, with over US$4.88 million (RM20 million) going in and US$13.38 million (RM55 million) going out.

In the Treasury’s Financial Crimes Enforcement Network (FinCEN) document leaks, the bulk of the suspicious transactions sent was by Public Bank Bhd at US$13.37 million in seven transactions, followed by OCBC Bank at US$10,100.

Meanwhile, AmBank lead the list of suspicious transactions received at US$2.9 million in two transactions, followed by HSBC Bank Malaysia Bhd (US$871,637) and Alliance Bank Malaysia Bhd (US$462,378).

Other banks in the list included United Overseas Bank, CIMB Bank Bhd, and Standard Chartered Bank.
https://www.malaymail.com/news/malaysia/202...suspici/1905127

This post has been edited by HereToLearn: Sep 21 2020, 05:09 PM

expects the local market to continue on a downward trend in the next few weeks and, probably, through October, although he is not overly worried. “When more news about vaccines comes out, we may see a further correction in the glove stocks, which will pull down the index.”

Key risks to the market
- [local] market may see a snap election in 1Q2021
- profit-taking/loss-cuting activity is inevitable with the ending of the grace period for loan repayments
- Petroliam Nasional Bhd’s (Petronas) weak financial results
- foreign funds to remain as net sellers until the end of the year

Other comments:
- technology stocks for their long-term growth prospects.
- financial stocks to play along with the recovery theme
- glove stocks are just a short-term play
- fund managers would probably position themselves on value and cyclical stocks, such as plantations, banking, utilities and dividend yielding stocks
- construction stocks may get a boost if the Kuala Lumpur-Singapore High-Speed Rail and Mass Rapid Transit 3 projects go through

https://www.theedgemarkets.com/article/anal...on-not-alarming

This post has been edited by HereToLearn: Sep 21 2020, 05:25 PM

Maybe just the banks in the US. Last time 2011 US banks crashed, MY banks went higher

Wow everything is green in KLCI. Nice!!

I think both side of the voices are equally important. The real horror begins when you stop seeing people discussing about the hot counters (reduced interest and enthusiasm in the stocks), e.g. pohkong, tomei, niche - lower lows and lower highs with no signs of coming back to life.

This post has been edited by HereToLearn: Sep 22 2020, 09:38 PM

Do update us on the announcement later. Thanks

FDI actually increased in the bond market for the past few months. They were (maybe still are) selling equities and buying debt securities

https://www.thestar.com.my/business/busines...malaysian-bonds
Malaysian bonds are garnering strong interest from foreign buyers and this trend will likely remain till year-end amid the uncertainty and glaring headwinds.

This might be due to the the bond spread as a result of higher yielding Malaysian bonds

This post has been edited by HereToLearn: Sep 23 2020, 11:26 AM

Bond market is expected to spike higher if Malaysian bonds will remain in the WGBI index (most likely will remain - which we will know by end of this month). If remained, more foreign fund MIGHT be selling equities and buying bonds.

One of the ways to improve the stock market is to reduce the bond yield.

Just buy into bonds, if you are afraid of share market crashing again. Bonds usually rise in the latter stage of contraction.

Buying bond funds doesnt need a huge capital, even RM100 can buy. Only buying corporate bonds need min of RM250k

I dont get what you mean using the cars analogy...

Looking at the title, I am expecting more stimulus from fiscal policy. Maybe another liquidity driven bull run, few weeks after moratorium

If prihatin is injecting liquidity again, can consider longing the FKLI index