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nexona88
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Feb 21 2019, 10:48 AM
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QUOTE(aspartame @ Feb 21 2019, 08:12 AM) It seems USD tightening cycle is over. Still, struggling to get below 4. Endless possibilities? Sounds very mlm.. lol Hshahhah..mlm or not.. Its the famous quote from previously administration of the country.. Quite catchy & could be use in many situation 😊 And as u can see... Inflow of foreign funds into Malaysia market also contributed....
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nexona88
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Mar 7 2019, 03:53 PM
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U Turn-ed... Ringgit seen at 4.15 against US dollar by end-2019 — BoA Merrill Lynch https://www.theedgemarkets.com/article/ring...a-merrill-lynchvs earlier Ringgit to hit 3.8 versus greenback by end-2019 — RHB http://www.theedgemarkets.com/article/ring...9-%E2%80%94-rhb
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nexona88
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Mar 7 2019, 08:12 PM
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QUOTE(alexanderclz @ Mar 7 2019, 07:42 PM) Lolz.. Did u read the news... 😑 What I'm trying to say is.. 2 different views less 2month... So cannot 100% believed whatever the so called expert says...
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nexona88
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Mar 7 2019, 08:14 PM
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QUOTE(coolguy99 @ Mar 7 2019, 08:02 PM) Oh well that is why I never trust those so called 'analyst'. +1 We really cannot expect / predict the movement... Even the so called expert cannot pakai one 😑 Follow 100%, free tickets to Holland 😈
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nexona88
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Mar 7 2019, 08:29 PM
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QUOTE(alexanderclz @ Mar 7 2019, 08:26 PM) lol, exactly. tell me a time where all 'experts' agree on the same thing.  Later u know what all will tell? Internal & external factors have change.. Thus change in target 😁
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nexona88
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Mar 21 2019, 10:47 PM
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because of this piece of news  Ringgit near six-month high as funds buy stocks https://www.theedgemarkets.com/article/ring...unds-buy-stocks
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nexona88
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Mar 21 2019, 10:54 PM
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QUOTE(aspartame @ Mar 21 2019, 10:51 PM) hmm.. interesting... so it's combination factors of external & internal
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nexona88
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Apr 6 2019, 04:09 PM
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QUOTE(powerlinkers @ Apr 6 2019, 02:19 PM) Most probably : yes. In my view : This does not matter as long as we have national assets for PH to sell off and no credit rating downgrade by international ratings agencies.Not sure u being serious or just trolling around  If I read your statement from different tone.. I get different result..... Okay. Back to the topic. Malaysia MGS have demands from many places... Foreigners not writing off Malaysia just like that... As if Malaysia is shit country no hope anymore.... We still have some advantage & they needed some strategic partner in this part of the world... Different investors / countries have different needs & views towards Malaysia.... Its give & take.. No perfect...
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nexona88
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Apr 16 2019, 04:57 PM
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something is cooking... could be of Norway dropping MY bonds? or any others reason we don't know about... so 4.20 MYR incoming??
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nexona88
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Apr 16 2019, 06:23 PM
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good. blame game begins in social media... all attack towards PH when it's actually global factors (oil price & others).. bravo  well played...
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nexona88
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Apr 16 2019, 08:51 PM
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QUOTE(Xnet @ Apr 16 2019, 06:33 PM) Last time no global factors? Now only global factors?  Who said last time no global factors?? Each time weakness sure have global factor hand... U cannot escape from it...
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nexona88
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Apr 23 2019, 04:24 PM
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Ringgit estimated at RM4 to RM4.15/US dollar at end-2019 — Socio-Economic Research Centre (SERC) https://www.theedgemarkets.com/article/ring...4-lee-heng-guie
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nexona88
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Apr 25 2019, 02:09 PM
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Selling pressure on ringgit no cause for alarm — FXTM https://www.theedgemarkets.com/article/sell...-%E2%80%94-fxtm“If you look back at November last year we were at 4.20 to the US dollar. Back in January 2017, we were at around 4.50. Despite various global and local factors, the Malaysian economy remained resilient, it didn’t crumble,”.
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nexona88
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Apr 25 2019, 08:09 PM
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QUOTE(David83 @ Apr 25 2019, 07:57 PM) I had a chat over lunch with my superior and colleagues. My superior humoured that if recession does hit in coming months/quarters, Malaysia equity market has nothing to lose for. We're already the worst performing equity market and currency in Asian region. nothing to lose for??? KLCI is not low like the crisis period... now what we see is just mile weakness...
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nexona88
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Apr 25 2019, 08:22 PM
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QUOTE(David83 @ Apr 25 2019, 08:15 PM) KLCI didn't participate in this year rally since January 2019 right? US S&P 500 and NASDAQ have hit all-time HIGH. Where is KLCI at? near bottom of the list but the KLCI is around 1,600+ pts.. best rally also maybe around 1,900 only.. not higher than that like over 2,000pts.. low? can hit 200pts so from "high" of 1,900 to 1,600? little only...
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nexona88
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May 13 2019, 08:42 PM
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QUOTE(BetfairTrader @ May 13 2019, 08:02 PM) my prediction is in 1-2 years time USD/MYR will hit 5 seen that prediction almost hit but MYR become stronger later on.. now another cycle.. towards the level again.. then another cycle.. life goes on...
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nexona88
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May 13 2019, 10:35 PM
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QUOTE(BetfairTrader @ May 13 2019, 09:27 PM) the way i see it on a macro level there is a serious shortage of USD in the global economic system. Plus a crisis in all economies that are heavily reliant on China. well needed to see the situation too.. another round of US-China "trade war".. never ending story... really give headache to many economies....
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nexona88
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Aug 19 2019, 03:57 PM
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Current ringgit weakness not a concern — economists “We have weathered a number of episodes of severe capital outflows, severe depreciation of the ringgit, and yet our economy continues to grow, and yet the financial market continues to function in an orderly manner. So we have not seen the kind of excessive volatility that has impacted economic activity here in Malaysia,” https://www.theedgemarkets.com/article/curr...0%94-economists
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nexona88
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Aug 19 2019, 06:58 PM
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QUOTE(coolguy99 @ Aug 19 2019, 06:47 PM) Actually with all the negative economy activities going around the world, having a weak ringgit might be a blessing in disguise for us. hmm.. but import stuff would be expensive yo
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nexona88
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Aug 19 2019, 07:54 PM
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QUOTE(coolguy99 @ Aug 19 2019, 07:48 PM) In the short term we might feel the pain, but in the long term if we can take advantage of the economic uncertainty in HK and China and pull investors to come invest in our country, it will be great. Yup. If can managed to take the opportunities.. Malaysia would be great again 👍 For now, we can see some positive demand on property from HK...
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