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 USD/MYR v4

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TSwil-i-am
post Aug 25 2016, 09:02 AM

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Trading at 4.032x now
bbgoat
post Aug 25 2016, 10:05 AM

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QUOTE(wil-i-am @ Aug 25 2016, 09:01 AM)
Sold at 4.05  sweat.gif
*
6 figure profit ?
TSwil-i-am
post Aug 25 2016, 10:09 AM

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QUOTE(bbgoat @ Aug 25 2016, 10:05 AM)
6 figure profit ?
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Not so high, still 5 figure
bbgoat
post Aug 25 2016, 10:19 AM

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QUOTE(wil-i-am @ Aug 25 2016, 10:09 AM)
Not so high, still 5 figure
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99999, 5 figures ! Belanja la ! cheers.gif
TSwil-i-am
post Aug 25 2016, 10:26 AM

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QUOTE(bbgoat @ Aug 25 2016, 10:19 AM)
99999, 5 figures ! Belanja la !  cheers.gif
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U have over estimate my capabilities laugh.gif

bbgoat
post Aug 25 2016, 10:29 AM

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QUOTE(wil-i-am @ Aug 25 2016, 10:26 AM)
U have over estimate my capabilities  laugh.gif
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U are Master Trader ! notworthy.gif notworthy.gif


AVFAN
post Aug 25 2016, 11:54 AM

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something may come out of this in the next few months.

to keep putarjeya's unrelenting spending/songlap habits, not much $ from petronas.

so, either borrow more or raise gst.

what happens to rm then?

QUOTE
Malaysia’s Petronas Posts 96% Profit Drop on Lower Oil Price

While Petronas has said that it may need to raise debt and tap its cash reserves to cover spending and dividend payments to the government, no debt-raising has been planned so far, Chief Financial Officer George Ratilal said Monday.
http://www.bloomberg.com/news/articles/201...ower-oil-prices

TSwil-i-am
post Aug 25 2016, 11:57 AM

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QUOTE(AVFAN @ Aug 25 2016, 11:54 AM)
something may come out of this in the next few months.

to keep putarjeya's unrelenting spending/songlap habits, not much $ from petronas.

so, either borrow more or raise gst.

what happens to rm then?
*
I dun think they dared to raise GST in upcoming 2017 budget as they r preparing for early GE14
nexona88
post Aug 25 2016, 12:10 PM

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QUOTE(AVFAN @ Aug 25 2016, 11:54 AM)
something may come out of this in the next few months.

to keep putarjeya's unrelenting spending/songlap habits, not much $ from petronas.

so, either borrow more or raise gst.

what happens to rm then?
*
Borrow more I guess doh.gif
TSwil-i-am
post Aug 25 2016, 07:14 PM

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Korean won rises with Malaysian ringgit ahead of Yellen speech
http://www.thestar.com.my/business/busines...-yellen-speech/

Could Yellen pull a trigger or bau hmm.gif
TSwil-i-am
post Aug 25 2016, 07:29 PM

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Maybank does not rule out another Malaysia c.bank rate cut this year
http://www.theedgemarkets.com/my/article/m...k-rate-cut-year

If BNM cut OPR, MYR may reach 4.10 n above
zacknistelrooy
post Aug 25 2016, 08:13 PM

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QUOTE(wil-i-am @ Aug 25 2016, 07:29 PM)
Maybank does not rule out another Malaysia c.bank rate cut this year
http://www.theedgemarkets.com/my/article/m...k-rate-cut-year

If BNM cut OPR, MYR may reach 4.10 n above
*
Well for the last cut it actually appreciated, so can't say for sure which way it will go.
aromachong
post Aug 25 2016, 09:21 PM

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QUOTE(wil-i-am @ Aug 25 2016, 07:29 PM)
Maybank does not rule out another Malaysia c.bank rate cut this year
http://www.theedgemarkets.com/my/article/m...k-rate-cut-year

If BNM cut OPR, MYR may reach 4.10 n above
*
expect gia interest hovering around 3% or below if cut

best to pray wont affect principal amount lol bangwall.gif

This post has been edited by aromachong: Aug 25 2016, 09:21 PM
bbgoat
post Aug 25 2016, 10:13 PM

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QUOTE(aromachong @ Aug 25 2016, 09:21 PM)
expect gia interest hovering around 3% or below if cut

best to pray wont affect principal amount lol  bangwall.gif
*
Now I do not have any in MBB GIA-i. With the cut in GIA-i interest, it may not make sense to take the "risk" there.
nexona88
post Aug 25 2016, 10:57 PM

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Maybank gia, got opr cut or not.
Sure reduce rate doh.gifx
Just recently cut again right..

This post has been edited by nexona88: Aug 25 2016, 10:58 PM
aromachong
post Aug 25 2016, 11:17 PM

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QUOTE(nexona88 @ Aug 25 2016, 10:57 PM)
Maybank gia, got opr cut or not.
Sure reduce rate doh.gifx
Just recently cut again right..
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i can see maybank branch closure recently.. not sure if it's a sign of our economy going deep down.. but starting from next yr none of my concern anymore haha..
TSwil-i-am
post Aug 25 2016, 11:36 PM

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QUOTE(zacknistelrooy @ Aug 25 2016, 08:13 PM)
Well for the last cut it actually appreciated, so can't say for sure which way it will go.
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It was due to irrational behaviour

QUOTE(aromachong @ Aug 25 2016, 09:21 PM)
expect gia interest hovering around 3% or below if cut

best to pray wont affect principal amount lol  bangwall.gif
*
I blif int rate will tank but principal remains status quo
nexona88
post Aug 25 2016, 11:46 PM

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QUOTE(aromachong @ Aug 25 2016, 11:17 PM)
i can see maybank branch closure recently.. not sure if it's a sign of our economy going deep down.. but starting from next yr none of my concern anymore haha..
*
Well the branch closure, they say is for reorganization purpose..
But I see it as desperate attempt to reduce operation cost..
Bloated.. Old days they kept opening new brach at every corner.. Some place the distance between 2 branch is 5km apart doh.gif
TSwil-i-am
post Aug 25 2016, 11:49 PM

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QUOTE(aromachong @ Aug 25 2016, 11:17 PM)
i can see maybank branch closure recently.. not sure if it's a sign of our economy going deep down.. but starting from next yr none of my concern anymore haha..
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Which branch?
TSwil-i-am
post Aug 25 2016, 11:53 PM

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QUOTE(bbgoat @ Aug 25 2016, 10:13 PM)
Now I do not have any in MBB GIA-i. With the cut in GIA-i interest, it may not make sense to take the "risk" there.
*
Dun worry as Maybank still capable to stamp guarantee indirectly

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