Category: Uncategorized
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Should you take out your FD? - Thoughts for the Day
Should you take out your FD? Bank Negara Malaysia (BNM) has cut the overnight policy rate (OPR) to record low levels, which has resulted in lower fixed deposit (FD) rates at all banks in the country. This has forced many investors to scramble for higher yield investments such as stocks, otherwise…
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Palm Oil is God’s Gift, Vacancy Tax for Unsold Houses, Amazon and the Middle East Interested in Reliance’s Retail Arm in India - Thoughts for the Day
Palm Oil is God’s Gift The new slogan for palm oil campaign, ‘Palm Oil is God’s Gift”, is more universal and acceptable worldwide, Deputy Minister of Plantation Industries and Commodities Willie Mongin told the Dewan Negara today. — The Edge (Link) Well…. It’s better than Love My Palm Oil right? Right? Right? I…
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Malaysia Market Falls below 1500, E-Sports and Gaming in Southeast Asia - Thoughts for the Day
Malaysia Market Falls below 1,500 FBM KLCI closes down 22.6 points at 1,496.72 — The Edge (Link) There it is, people. The KLCI has fallen from its peak of 1,611 in Jun 2020 to below 1,500 now. I have warned in the past that its upward trend past 1,500 defies the dire economic…
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20 sen for Online Transactions, ECRL Realignment Again, Grab’s New Funding Round – Thoughts for the Day
20 and 40 sen for Online Transactions The Communications and Multimedia Ministry is planning to impose an additional charge of 20 sen for purchases between RM200 and RM1,000 on online platforms, said its deputy minister Datuk Zahidi Zainul Abidin. “So, the additional charge will be like the service charge, and…
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Air Asia’s Ongoing Troubles, K-Shaped Recovery – My Thoughts for the Day
Air Asia’s Ongoing Troubles AirAsia X Bhd (AAX) has been hit with a US$22.98 million (RM95.33 million) suit in the UK for alleged breach of contract. BOCA alleges that AAX Leasing Two had breached its obligations under the lease agreements. There were also breaches under the leases’ respective guarantees, dated Dec…
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Federal Reserve’s Possible New Inflation Target, Rise of Retail Investors in Malaysia, Tik Tok CEO Quiting - My Thoughts for the Day
1. Federal Reserve’s Possible New Inflation Target The Fed is expected to use the annual Jackson Hole symposium this year to change the way it addresses inflation. Powell is expected to discuss a policy of allowing inflation to range on both sides of a target, letting it rise more than…
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Ant Financial Going Public, Bintai Kinden’s Bullish Share Price Run - Thoughts for the Day
1. Ant Financial Going Public China’s dominant mobile payments firm and fintech arm of Alibaba Group Holding Ltd, Ant Financial, on Tuesday filed for a dual-listing in Hong Kong and on Shanghai’s STAR Market in what could be the world’s largest IPO worth up to $30bn — The Edge (Link) I am positive…
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Air Asia’s Big Losses, Kossan’s Doubling Profit, and Melaka’s RM100bn Economic Corridor - My Thoughts for the Day
Dear readers, I will be trying to provide my thoughts for the day on the news that has come out for Malaysia and the International scene. Hopefully, I can provide some value add to you all in understanding my thought process on the various news that hit the markets everyday.…
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Malaysia Portfolio Investment Calls and Stock Market Update (24 Jun 2020)
Disclaimer: This research should be used purely for informational purposes and is my own personal opinion. I bear no responsibility to whatever investment decisions taken by anyone with regards to this research. Market Performance: KLCI continued its decline today as all markets were down due to Covid-19 negative sentiments. The…
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Malaysia Portfolio Investment Calls and Stock Market Update (24 Jun 2020)
Disclaimer: This research should be used purely for informational purposes and is my own personal opinion. I bear no responsibility to whatever investment decisions taken by anyone with regards to this research. Market Performance: KLCI continued its decline today as most markets were down in the region The Kuala Lumpur…
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