lol am asking a simple question, why you triggered? There's two sides to the argument here. We'll see how the banking stocks will react to this tmr.

https://www.malaymail.com/news/malaysia/202...ns-exce/1849820
More details:
https://twitter.com/EkonomiRakyatMY/status/...433345838968832
still ppl say boss no money pay salaries

it is actually positive, but for people that have 5% knowledge, they see bank profit suffering.

but people that look at the ECONOMY, it is a positive thing.

bad debt is an even worse nightmare for bank, comparing with 6 months DELAYED profit.
long term its positive, short term is nothing ( comparing with US Market meltdown )

Imagine you got several house that you havent finish paying their loan. You rent out these houses to people and collect rent.

Suddenly government issue order saying people affected by Covid 19 can delay their rent for 6 months but you must continue paying your loan for your houses and you have several renters affected by covid.

Long term no effect, but short term maybe huge effect. But unless this spread continues uncontrolled, its not THAT huge of an effect.

so actually bursa share price for bank nose down will not affect the bank directly la

but the same can't be said for other business say like maxis

if maxis share nose down their aset/cash and business also down?

but during us suprime crisis got bank bankrap kan like lehman brother kaitu

ill intent question obviously .

there is no 2 side of an argument if you want to look at the big picture.
only a heartless capitalist would care about banking stock.

but if they can survive US meltdown, they can celebrate this good policy from BNM

so actually bursa share price for bank nose down will not affect the bank directly la

but the same can't be said for other business say like maxis

if maxis share nose down their aset/cash and business also down?

but during us suprime crisis got bank bankrap kan like lehman brother kaitu

ermm
if take the moratorium for my mortgage loan, later next year cannot deduct interest from rental income, so kena pay more tax

if share price lower, they happy.

they buy back the share, means they give less divident out. ahhahahaha

like head count la. less headcount to outsider, means less profit to outsider. haha.

Can't wait to see what happens too.

In theory, giving the moratorium is supposed to help more borrowers to ultimately be able to repay their loan and thus improve bank profitability. In addition, allowing banks to dip into their capital buffer should be a positive because they have additional capital to utilise now. In a perfect market bank shares should rally...

But the market is in panic mode now. Nobody can predict what the market will do tomorrow.

Lets see..

Share price go up or down has no direct effect on the company's business or asset most of the time... Its just a reflection of investors' confidence in the company... Investor have confidence in your company, your share price flies. Investor have no confidence in your company, your share price drops.

it is actually positive, but for people that have 5% knowledge, they see bank profit suffering.

but people that look at the ECONOMY, it is a positive thing.

bad debt is an even worse nightmare for bank, comparing with 6 months DELAYED profit.
long term its positive, short term is nothing ( comparing with US Market meltdown )

haha so following your logic, anyone who profit from this pandemic and recession is heartless?

Agree. This is quite helpful for those B40 & M40 actually. They can use the extra cash to paid off credit card balance for example. Restructure back the finance. I don't understand why some people worry about bank not making any profits. Lol

so if i continue the payment, it will be 100% to cover principle amount? sounds good to me

Will this moratorium apply to housing loan under company as well?

bukan apa sometimes i feel like bodo when i read

dow jones down

billions wiped from apple stock values

this loss go to where?