Is it possible to do it on9 by ourselves?

Gov abolish cement ceiling price, discard steel ceiling price, implement new fuel subsidy in short period of time has signalled there is huge potential problem of inflation in near future. It is not only in Malaysia but generally in overall Asia countries as most Asian countries subsidy a lot of essential stuff including petrol but now all are struggling to maintain it. So foreign investors will view negatively on Asian bourses in general because of potential out of control inflation situation, Vietnam is the first casualty already, stock market plunge more than 50% in relatively short period of time and currency depreciated rapidly.

One thing from experience trading on FKLI. In a bearish market, spot month (if still early of the month), FKLI would generally trade about 10 points discount to current KLCI.While bullish time, it traded easily 5-10 points above. So by no mean FKLI would surely trade at the same level as KLCI, it depends on market sentiment.

This is really odd case. Hopefully it wouldn't happen to us (as loser party).

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Added on June 4, 2008, 9:36 am

It this news confirm. My car tank is almost empty now.

tat's wat they propose..free market....i went to US and they have like SALE!! SALE!!! Today 10% for fuel...something like tat....price of petrol changes everyday

Pls dun compare ppl earning in EUROPE n ppl earning in M'sia w/o comparing tax structure etc.....

and....dun panic ppl....SUBSIDY will still be here....just tat the method of 'implementation' has not been finalized....either thru mykad, based on salary range...or quota for filling petrol etc.....

DO you all really think they can implement it w/o giving back subsidy (reduced one maybe)???? One toll citizen also dowan pay......can fight n protest........if RM3-4/litre...i think petronas building might get burned....or u'll c ppl rallying n protesting for PM to step down like wat happened in Thailand...

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Added on June 4, 2008, 9:54 amPS: M'sian have been too pampered liao hehehehehe.......

If I can earn as much as US people, I don't mind to pay for the price.

What I afraid it the immediate inflation because of this price incease, then, interest rate, food, all increase. This is pull the investers out of Malaysia, and make it to another 1997. I think it is time to pull out from share market and save my bullet after Aug.

you got EX5, i think i gonna take out my BMW BMX liao

save fuel, save environment, save money, oso can keep fit jugak!

fyi..i have about 10 relatives migrated to US.....i'ved been there.....salary might be 3-5k/month for freshie...but average 40% goes to tax.....
they can earn a lot but they dun drive a lot mind u...it's really too xpensive to drive in US (new york in particular)......petrol...parking....insurance is way too high...not to mention car repair cost a bomb there.....usually they only use it during weekends.....

but....their public transport is very efficient...although old n dirty
food n goods are cheap there (if earn USD)....but properties is toooooooo xpensive.....(700k for double storey to stay in S'ban-distance fr CITY centre)
if u ask me......i dun mind paying market price if u can improve the public transport....make it really really convenient......n take away taxes for cars ...make them cheap......

-just my opinion-

It can change the fuel sub-charge when you purchase a ticket online overnight.