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 Stock market V21, Huge Stimulus Age

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Ranny
post Mar 10 2009, 05:01 PM

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haha... sorry to burst the bubble.

i still dont see any positive measures yet with those Umnoputras around waiting in queue to rob and plunder.
Only a change in govt at least can offer a silver lining.


panasonic88
post Mar 10 2009, 05:03 PM

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so the 60 b basically couldnt help much. too little, too late.
mo_meng
post Mar 10 2009, 05:04 PM

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5% .. how to put ha .. not bad for those dont like to invest lea
kinwawa
post Mar 10 2009, 05:08 PM

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subsidy for sugar, flour.....
tax relief for interest paid for housing loan (shd b for new houses only???)
tuition fees for postgrad study in local uni....

i think most r money spent on ourselves tongue.gif

chyaw
post Mar 10 2009, 05:09 PM

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I think Proton share price will go up in short term due to the RM5000 auto scrapping scheme. Too bad, when I saw this news, the time is already exactly 5pm...
kinwawa
post Mar 10 2009, 05:12 PM

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wow.....can scrap cars....perodua included...not bad not bad......new prospective car buyers....can buy an old old car for 1-2k.....then trade in hehehehe
ante5k
post Mar 10 2009, 05:15 PM

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i dont see any tax cuts for corporate or individuals ....
chyaw
post Mar 10 2009, 05:17 PM

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Bad news for second hand car dealer. People may opt for new Proton or Perodua instead of 2nd hand car.

QUOTE(kinwawa @ Mar 10 2009, 05:12 PM)
wow.....can scrap cars....perodua included...not bad not bad......new prospective car buyers....can buy an old old car for 1-2k.....then trade in hehehehe
*
Ranny
post Mar 10 2009, 05:17 PM

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someone pls tell me later, how much u can gain direct or indirectly from this "stimulus budget"?

QUOTE
Cakap Billions-Billions... Habuk pun tak nampak!

from a commenter from Malaysia Insider rclxms.gif

This post has been edited by Ranny: Mar 10 2009, 05:19 PM
Irzani
post Mar 10 2009, 05:18 PM

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QUOTE(kinwawa @ Mar 10 2009, 05:12 PM)
wow.....can scrap cars....perodua included...not bad not bad......new prospective car buyers....can buy an old old car for 1-2k.....then trade in hehehehe
*
Now you give me an idea to open a very profit business
kinwawa
post Mar 10 2009, 05:18 PM

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Third: Construction of sky bridges and covered walkways between buildings, especially in the Golden Triangle, Kuala Lumpur at a cost of RM100 million.

ini pun mau kah??????
btw...y they din mentioned bout speeding up the construction of those extended lrt lines n new lines ar???? @)*(&#%)&(#%*)#
PBB boleh
post Mar 10 2009, 05:19 PM

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QUOTE(kinwawa @ Mar 10 2009, 05:12 PM)
wow.....can scrap cars....perodua included...not bad not bad......new prospective car buyers....can buy an old old car for 1-2k.....then trade in hehehehe
*
For RM 1-2K....
Old old car without engine and tyre also cannot get lah biggrin.gif
cherroy
post Mar 10 2009, 05:21 PM

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Fast gast go to old metal scrap, see got any scrapped car cheap cheap then can get 5K discount. laugh.gif

The most beneficiary under the stimulus package is plantation stocks, windfall tax of threshold CPO price being raised from Rm2000 to Rm2500
lowyat888
post Mar 10 2009, 05:22 PM

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it takes along time to fully implement the stimulus budget. no use one
ante5k
post Mar 10 2009, 05:24 PM

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QUOTE(kinwawa @ Mar 10 2009, 05:18 PM)
Third: Construction of sky bridges and covered walkways between buildings, especially in the Golden Triangle, Kuala Lumpur at a cost of RM100 million.

ini pun mau kah??????
btw...y they din mentioned bout speeding up the construction of those extended lrt lines n new lines ar???? @)*(&#%)&(#%*)#
*
i thought the lrt extension has been postponed

http://mt.m2day.org/2008/content/view/18280/84/ << anyone got offical old link.?
PBB boleh
post Mar 10 2009, 05:26 PM

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QUOTE(cherroy @ Mar 10 2009, 05:21 PM)
Fast gast go to old metal scrap, see got any scrapped car cheap cheap then can get 5K discount.  laugh.gif

The most beneficiary under the stimulus package is plantation stocks, windfall tax of threshold CPO price being raised from Rm2000 to Rm2500
*
Makes u wonder, why not give the discount straight away instead asking for old car scrap metal trade in. Since most people who can afford to buy new cars now most likely DON'T have a 15year old car sitting around rclxub.gif
ante5k
post Mar 10 2009, 05:30 PM

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its 10 years ... not 15.
chyaw
post Mar 10 2009, 05:31 PM

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Yup! Didn't see any real gain for me... Maybe is time to buy a new house? hmm.gif
I never own any house in M'sia before...

QUOTE(Ranny @ Mar 10 2009, 05:17 PM)
someone pls tell me later, how much u can gain direct or indirectly from this "stimulus budget"?
from a commenter from Malaysia Insider  rclxms.gif
*
lowyat888
post Mar 10 2009, 05:42 PM

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if tradein rm5000 for oldcar and jackup the new car/accessories price is just as back to nothing, just formality. just masuk their own pocket left to right.

pitch a bit here and there from the stimulus package to their own pocket. brother and sister.


kmarc
post Mar 10 2009, 05:57 PM

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First, the unexpected BNM rate cut, then this unexpected large amount for the 2nd stimulus package.......

The government still doesn't think their rakyat knows what is going on...... indirectly, they are finally saying our economy is going to get worse!

Is it true that such a huge budget deficit is also not good for Malaysia? Something like de-rating and weaker ringgit? hmm.gif

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