Lowered rates, effect will cause pensioners and savers suffering in rates. Lower FD rates.

Punish savers, encourage loan takers.

In the end, retiree and savers being squeezed.

Besides Bank already having funds from Bonds/Sukuk issued some time back as well as relaxed monetary recently - SRR.

Of course their profit will fall but then again in current market condition, which Companies will declare dividends and high profit except few industry only.

OPR reduce profit but then again Deposits Rate also drop in tandem. With current climate, some would still stick to FD as first defence base.

After September, there is signs of further moratorium coming up to offset the supposed rising default loan scenario so that it won’t look so bad after Sept.

If Shopping Malls suffer in form of lack of shoppers and parking yield, rental need to be cut... so REITs on malls would be impacted.

DIY model is simple, to take 1 store and increase revenue would be harder than opening another to gain revenue. Assume per store annual revenue is RM3M.

1 store = increase 10% sales would be RM3.3M
1 new store = immediate RM3.0M new income stream

Of course that is why I did not go for it during IPO. But then what do I know, price also now higher.

Normally Auditor will try to avoid to raise significant audit findings... if they do so, it must be something amiss and hard to close one eye.

Anyway Auditor is paid by the company, why poke their own boss unless ...

This post has been edited by eric.tangps: May 30 2021, 09:29 AM

Another Transmile Group Berhad in the making.

Try check your Banking Online, investment and look for IPO.

Makes you wonder all those QR and Reporting in Bursa is trust worthy….

For Bursa is easy, Delist but shareholders ….

well Bursa is a casino indeed.

DD based on financial reports and documents provided.

Basically not even analyst would had known on receivable issues since it is vetted by Auditors.

Well no one is going after the Auditors who signed off every one of the report year on year.