Ok better reply. Cos I had to check my post last night for this.

But be worried only when relations become more strained. So far, the best possible news we can get out of it, is if the 5 countries involved with talks with Korea agree to let China take the lead.

Now N. Korea screaming for attention.
1. Kim Jong Il is sick, needs to prove that N. Korea is still here and everyone else better know it.
2. N Koreans are going hungry due to all the sanctions. Even with the 1953 treaty, US and everyone else except China have been pushing them too hard. That's why the lastest nuclear test is so extreme and that they say the 1953 treaty is over. Provocation ma. It's a call for attention towards their plight.

Risk/and signs to look out for
3. The line has been crossed. N. Korea sees no end to their plight ang go ahead with destruction. After all, they are a cornered country with nothing to lose.
4. If US still wanna play hardball and do something stupid.

North Korean actually a bnkrupt state, only way to get cash is to threaten or frighten its neighbours into submission by giving food Aid or putting money in their pockets... so that Mr Kim can afford to buy a few more Mercs and travel the world...

i think the previously when N.Koreans tested theuir nukes, the world markets were put in shock... but after so many threats (waving fist but no action)... more or less the market is immuned.

I don't think so. Usually rally starts with blue chip, and ends with lousy counters. Then if unluckily market cannot sustain, lousy counters will go down very fast first.....follow by blue chip. Anyway, this is my theory only. But I remember a lot of times it is like this

the only country that would probably lose out the most is China (since they are since as kawan, potentially China also has the most influence over N.Korea) doubtful they will go to the extent of all our war.

@aurora

your TM 2.91 @ 5000 shares, still holding?
no one would thought it would lembik and went down hor.

No N. Korea won't harm China unless they feel truly betray by China. Their first point of attack will be S. Korea via land forces and Nuclear Strike towards Hawaii or American base in Japan?

This post has been edited by omores: May 28 2009, 04:27 PM

force selling coming..

hold tight, hold tight.

still holding my, planning to accumulate more and to lower my Avg price from current 3.22... now i got 15K

5K = 2.95
5K = 3.84
5K = 2.9
Avg price = 3.22

I got 8000 @ 2.83. Will cut loss some, hold some. T+3 Coming Friday, ie. tomolo..

I have been to macau, even though there are lots of tourist/gambler, there are too many Casinos fight over each other for their money, so the Genting rumor while good for short term hype/goreng might not be too healthy in the long run.

TM is good to hold very defensive stock i think...
2.33 is excluding dividend and cap repayment collect yummmy

RM 48k on TM, woot!

not intend to pick up ka?

i still got extra funds to pump, but only to buy an additional 5K TM..
now TM very liquid... but this stock must watch closely ...

From previous experience someone will pull the price down alot ... i think drop till at least 2.2- to 2.5 before seeing a reversal and spike all the way up above 3.

Axreit is moving up 1.46

Had posted before on this issue.

Overseas casinos are not as profitable as like Resorts due to competition and high initial set up cost.

In fact, none of Genting overseas venture on gaming business like Star-Cruise, UK casinos are yielding any fruit instead they are burden of the company, at least since acquisition until now.

CI going to be -10....

Means what?
Everyday at 4:30pm will have force selling?

I intend to buy more TM. So going down is a good news to me . Will heed your advice and look forward 2.20

sei fat = die rich =