AXIATA Stock Forum

105438147 : Malaysia's economic growth is driven by deficits, and essentially, Malaysia has fallen into a debt crisis, with currency devaluation reducing the attractiveness of capital investment.

LionS MOO 105438147 : Except for Singapore, all countries globally are running a deficit. Therefore, your viewpoint is incorrect. A deficit will not lead to a debt crisis. Germany's announcement to expand the deficit instead boosted the Euro.

105438147 LionS MOO : Not all countries can do this; Argentina, Brazil, and Sri Lanka cannot, while Malaysia is very similar to them, relying on selling Shenzhen Agricultural Products Group and oil for survival.

LionS MOO 105438147 : In addition to rice dumplings, Malaysia is also a major exporter of Semiconductors, ranking 6th in the Global market. It is nowhere near the countries that have annual trade deficits and are unable to produce their own Autos.

CHANDRAN SILVARAJOO OP : most probably next resting place 1.75.. $AXIATA (6888.MY)$

WzaJr OP : 2.03 Is the new resistance , doesn't mean that I think price will 100% reach there. But maybe 70% ? who knows

Erwin_S : I think the merger news in Indo coupled by dividend announcement led to this spike.

101877207 OP Erwin_S : i seeee