*Official* MasterLeong Thread

[OngHuatHuat]

Sometimes I just wonder why you are so bothered about my presence. That manchunian too.

yes, this is for discussion of stocks

how to pick good companies that are undervalued

how to avoid value trap

how to manage your stock portfolio


yesterday without the trouble maker we had a healthy discussion on plife reit and SIA

keep it up guys ^^

 

[OngHuatHuat]

Manipulated entry can beat Temasek easily.

Wow, everyone is beating the index and temasek ar?

I lose to temasek leh. They give me handicap mode by 'buying high and selling low' and I still lose.

 

[MasterLeong]

ECB expands stimulus to $3.3 tril as monthly purchases slow
By Bloomberg / Bloomberg | December 9, 2016 : 8:20 AM MYT
Printer-friendly versionSend by emailPDF version
Translated by Google Translator:
Select Language*▼
(Dec 8): The European Central Bank expanded its quantitative-easing programme to exceed 2.2 trillion euros ($3.3 trillion) by the end of 2017, buying at a reduced monthly pace with the caveat that it can step up or prolong purchases if needed.

The Governing Council will extend the programme from April at a slower speed of 60 billion euros a month from 80 billion euros currently, according to a statement in Frankfurt on Thursday. ECB President Mario Draghi will hold a press conference at 2.30pm in Frankfurt, where he will also outline changes to the parameters of the quantitative-easing programme.

If “the outlook becomes less favourable or if financial conditions become inconsistent with further progress toward a sustained adjustment of the path of inflation, the Governing Council intends to increase the programme in terms of size and/or duration,” it said in a statement.

The extension would add a total of 540 billion euros to its current 1.7 billion-euro stimulus, making the size of the programme double what the ECB initially announced it in January 2015.

By extending bond purchases but reducing the monthly pace, the ECB may be trying to preserve its extraordinary monetary stimulus as political risks cloud the outlook for the euro area’s recovery. Upsets including Brexit, the US election and the Italian referendum might make governments reluctant to push through the adjustments needed to turn the euro area’s cyclical recovery into a structural one.

Bonds Fall
Policy makers also kept the main refinancing rate at zero, the deposit rate at minus 0.4% and the marginal rate at 0.25%, as predicted by in a Bloomberg survey of economists.

“Anti-establishment movements create an atmosphere where it is very difficult for finance ministers and politicians to implement the necessary reforms, and this creates even more pressure on the ECB to gloss over the unsolved problems of the sovereign-debt crisis with a very loose monetary policy,” Joerg Kraemer, chief economist at Commerzbank in Frankfurt, told Bloomberg TV before the decision. “The ECB is on the hooks of the politicians.”

While policy-makers including Draghi have said that they’ll eventually return to a more conventional monetary stance, they’ve also pledged to do what’s needed to reach their inflation goal.

At his press conference, Draghi will present updated economic forecasts that for the first time will extend to 2019. In September, the central bank forecast that inflation would accelerated to 1.6% in 2018.

Price growth was 0.6% last month, and is slowly picking up as the effect of an oil slump fades up. More than three-quarters of economists surveyed by Bloomberg predict inflation will reach the ECB’s goal of just under 2% before Draghi’s term expires in October 2019. Even so, he has said the outlook is reliant on maintaining the “extraordinary support of our monetary policy.”

The ECB president will announce new tweaks to the institution’s rules for QE during his press conference, as the ability to extend the program might depend on increasing the pool of eligible debt. Officials have previously made technical adjustments including raising the proportion of each bond issue they can buy, and expanding asset classes to include regional and corporate debt.

Draghi may also be quizzed on the potential fallout as the UK moves toward a formal request to leave the European Union, the resignation of Italian Prime Minister Matteo Renzi after a failed referendum, and the health of Italian banks. Later on Thursday, the ECB’s Supervisory Board is likely to discuss Banca Monte dei Paschi di Siena SpA’s request for more time to complete its planned capital increase.

Tags:

 

[MasterLeong]

almost all your posts got no value one,
either smacks of jealousy, sarcasm, misconceptions or falsehoods

your presence is a waste of bandwidth, go back to Malaysia lah!

very well said ahahahahahaha

 

[OngHuatHuat]

You know there are rules for posting in Ssi right?

almost all your posts got no value one,
either smacks of jealousy, sarcasm, misconceptions or falsehoods

your presence is a waste of bandwidth, go back to Malaysia lah!

 

[MasterLeong]

http://www.straitstimes.com/busines...g-customers-data-to-promote-loans-apple-daily

Dbs hk under investigation.

maybe will kanna big fine sia

 

[lbs]

Well any attack against me will only make me post more.

i have no beef against you but don't you think you should be spending your time on other useful things?

both of you can just ignore each other and that will be it.
him making 1 cent more doesn't means you making a cent less.
in the end all of us are going to die and when you are bedridden on your death bed there is simply no chance you will be bother with issues like this.

focus our time on more useful stuff bah.

 

[wiz]

wah what stock is that and what did you learn?

Creative, do not fall in love with your stock

 

[OngHuatHuat]

Well, you choose what you want to believe.

I am just a poor boy boy with lousy investing skill.

i got post my trades here

got gpgt my cdp and portfolio

i got nothing to hide

not like someone, noble lose 50%

cannot gpgt his 4 property

 

[OngHuatHuat]

Now still holding?

Creative, do not fall in love with your stock

 

[WeirdChemist]

Fcl moving slowly still. Hope will charge

 

[lewissac]

Like that your comms eat up alot leh

LikeI say I'm only beginner. only DCA for CMT. rest is lump sum purchase.

In any case, currently im still in green after including commision cost. Wish i got a bigger chest to invest in.

 

[OngHuatHuat]

I don't really care you ignore me or not, but people will judge whether I am speaking truth.

This message is hidden because yyhwin is on your ignore list.

he in my ignore list very long liao

lets all just ignore the troll

 

[Mancunian2]

I don't really care you ignore me or not, but people will judge whether I am speaking truth.

I judge that you have been speaking mostly rubbish

 

[OngHuatHuat]

Have you ever wondered you are in green coz now it is December?

LikeI say I'm only beginner. only DCA for CMT. rest is lump sum purchase.

In any case, currently im still in green after including commision cost. Wish i got a bigger chest to invest in.

 

[OngHuatHuat]

If I really care about what you think, I won't be in this forum already.

I judge that you have been speaking mostly rubbish

 

[wiz]

Now still holding?

Yes still in my CDP to remind me

 

[MasterLeong]

since yyhwin so pro, he can take over this thread
no worries hahahaha

 

[OngHuatHuat]

Do they still give dividend?

Yes still in my CDP to remind me

 

[MasterLeong]

got any questions all can ask yyhwin

he pro, will help u all for sure