☕️ RIP Diego Maradona, The Legendary Footballer

Record Covid-19 recoveries in Malaysia. Tesla, the USD500 billion mega cap company. SpaceX 100th successful launch.

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71% of Malaysians think that government corruption is a big problem, according to Transparency Malaysia. Are you one of them?

2,348 record high RECOVERIES of Covid-19 cases in Malaysia. Thank you front-liners!



  1. Swift recovery is seen in Malaysia’s economy as the Leading Index (LI) increased by 8.6% to 109.5 points in September 2020 compared to 100.8 points in September 2019. Leading Index is used to prefect the economic direction in an average of four to six months ahead.

  2. Will Malaysia’s 2021 Budget be passed? Some source claims it’ll be passed without previously suspected delays but Tun M & Co. is imposing roadblock. Will Perikatan Nasional (PN) get the majority of 111 they need?

  3. With work from home becoming a norm, Telekom Malaysia Berhad is a big beneficiary with an increase of 26% in net profit (3QFY20) to RM329.4 million from RM261.3 million a year earlier.

  4. Looks like the CPO theme is in play again with Genting Plantations Bhd’s 3QFY20 net profit surged 3-fold to RM61.38 million from RM17.96 million a year earlier.

  5. Supermax will potentially replace KLCC Stapled Securities Bhd (the owner of KLCC) in FBM KLCI constituent stock in the next review on 3 Dec. FBM KLCI is composed of the 30 largest market cap stocks on Bursa Malaysia.

    The ground rules for the index review:

    1. A security will be inserted into FBM KLCI if its market cap has rise to the 24th position or above

    2. A security will be deleted if it has fallen to the 36th position or below

    3. A security will be included if it has a free float of 15%

    4. Sufficient liquidity of at least 10% of its free float adjusted shares being traded in the 12 months prior to the review. 

    Supermax’s current market cap is RM21.9 billion and KLCC’s market cap is RM13.8 billion.


  1. Legendary Argentine footballer, Diego Maradona, 60, has died due to cardiac arrest.

  1. Tesla is now worth more than half a trillion. That is USD500 billion. A mind-boggling 5x growth during a pandemic. The biggest automaker in the world, Toyota, has a market cap of USD199 billion and produces 20x the number of cars, about 10 million a year compared to Tesla’s 500k. The market cap of the next 7 companies combined - Volkswagen, Audi, NIO, BYD, Daimler, General Motors and BMW does not even exceed Tesla’s. In fact, if the pump in its price continues, Tesla will be bigger than Warren Buffett’s Berkshire Hathaway.

    Tesla’s price surge has made Elon Musk now the 2nd richest man in the world with a net worth of USD136 billion, overtaking Bill Gates but behind Jeff Bezos (USD183 billion).

    As electric vehicles go mainstream, range anxiety of a battery-powered vehicle has always been a concern for consumers. Tesla is now testing its battery tech with a range of 1,000 km per full charge.

  2. Another great day for Elon Musk as SpaceX achieved its 100th successful Falcon 9 launch. What’s even more impressive was this is the 7th time this particular Falcon 9 has been reused. Rocket reusability was deemed close to the impossible by the incumbents, until Musk & SpaceX proved them wrong.

  1. Dow Jones hit 30,000 for the first time since its formation 125 years ago. The economy is suffering, but the market is rallying. A K-shape recovery indeed.

  2. Shanghai shuts down its Pudong International Airport after 7 cases of Covid-19 cases has been detected linked to the airport. Hundreds of flights have been cancelled and 17,700 employees at the airport have been tested. This isn’t the first time China did a mass testing after a resurgence of Covid-19 cases. 

    In October, China tested 9 million people over 5 days after the discovery of new cases in Qingdao, and in May, it tested 11 million people in Wuhan, the epicentre of the pandemic. 

  3. Netflix’s ‘The Queen’s Gambit’ makes chess a sexy game now. Chess.com recorded more than 100,000 new members daily in November, 5x more than average. Searches for chess sets on eBay tripled. International Chess Federation estimates that around 1 billion smartphones have some sort of chess app downloaded on them.

  4. UK is expected to fall into its worst recession in over 300 years, British Chancellor of Exchequer said.

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