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 Breaking* BNM say no need to pay loans, for 6 months

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changejob
post Mar 24 2020, 11:20 PM

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QUOTE(pakmulau @ Mar 24 2020, 11:13 PM)
me noob economy and bursa here

why share price of bank terjun lombong it affect the bank badly

sedangkan aset or duit bank tak hilang pun
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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.
changejob
post Mar 24 2020, 11:47 PM

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QUOTE(pakmulau @ Mar 24 2020, 11:35 PM)
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
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Share prices doesn't affect a company profit. Like your example, Maxis shares price up or down doesn't affect their profit or loss.

This however affects investors.

 

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