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 AIG, CITIBANK or KLSE Shares, Should I go for US stocks or Local Stock

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W.ROOK
post Apr 27 2009, 11:34 PM

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QUOTE(normanTE @ Apr 27 2009, 10:49 PM)
stop talking, wanna buy just buy la,.......my approach diversify.
i own everything,
i send 100,000usd to my us account,
use 1000usd for every blue chip........some can only buy 12share with 1000usd.
so i have bought 100 blue xhip company, lgy,bcs,ing,

good luck....nothing is definately wrong or right.


Added on April 27, 2009, 10:52 pmgenting international i bought at 0.38sing ..now sold half already to get back my modal.
very lucky in deed,

going to short genting tomorrow. if this sars like worsen.


Added on April 27, 2009, 10:54 pmc = only borrow 45bil aig borrowed 180bil from tarp .....
so buy c , if want to be safe.
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Dude,He's only asking an opinion.
W.ROOK
post Apr 27 2009, 11:41 PM

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QUOTE(cherroy @ Apr 27 2009, 03:34 PM)
First Genting Int although unit price is cheaper than Resort, it doesn't mean it is actually cheaper. Both company holding and asset are different.

The problem of AIG is that existing shareholders has been diluted by gov share, so even AIG manage to recover and return back to its old day of glory of profit level. Its share won't back to its old level as it have significant more share now compared to last time.

It is same with Citi, if US gov converted the preferred share into common share, then it will dilute existing share as well.

Don't mean Citi won't have a future, it might go high as well if problem of financial crisis solved. But whether it will manage to recover without dilution or anything happen in between, nobody knows.

Another aspect one should look at on foreign share is the currency appreciation/depreciation side.
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Good Feedback thumbup.gif


Added on April 27, 2009, 11:47 pmHi D'cake,

Been following closely all your comments.
I wonder how long you have been in the US market. you sound very knowledgeable.




This post has been edited by W.ROOK: Apr 27 2009, 11:47 PM
W.ROOK
post Apr 28 2009, 09:32 AM

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QUOTE(normanTE @ Apr 28 2009, 12:59 AM)
sorry ya, i though he want opinion of how to invest?
anyway buying risky asset is actually gambling.
i suggest put 10% of your money to speculate.. it is really exciting
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Good for you bro.


Added on April 28, 2009, 9:37 am
QUOTE(danmooncake @ Apr 28 2009, 01:29 AM)
Not long.. maybe just 12-18 months ago.. since the housing crash. Attended some seminars to learn about
the Wall Street opportunities during downturn.. hence. I'm hooked since.  If I make enough.. maybe I can quit my day time job.  biggrin.gif
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Same objective as mine.
Who knows we could turn out to be millionaires. Hehehe



This post has been edited by W.ROOK: Apr 28 2009, 09:37 AM

 

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