Any idea why DJ is positive tonight with the news of jobless claims increased

I think shouldn't be that bad. Power producers still a good industry. Lots of folks buy YTLPower for dividends. Maybe some folks may misunderstand the reason for the drop in the dividends tomorrow and start a sell off. Then I can pick up for a bit cheap price. I'll only get if below RM2.10 though, not sure if it will get to that point.

Because the increase in jobless claims was less bad than expected

jobless claim increased VS AIG say it will repay back the US bailout fund

Is it because of dividend that you think it is bad ?
The deferred tax is 1 time off. Personally I think it is ok.
The tax caused some numbers to turn ugly like EPS<dividend paid.
On the bright side the revenue is up by 110% and should maintain since they are in Utility business.
Also, I think Seraya saved her from making loss this quarter, lol...
Correct me if im wrong.

Need to pay attention to the outcome of their appeal to increase water price in UK..
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On the other hand, looks like there are more good news than bad news in US.
Economic Indicators up, AIG repaying loans and Lower Mortgage rates VS US unemployment
(3-1)
So, today's green is justified ?

This post has been edited by mopster: Aug 20 2009, 11:02 PM

I think RM2.10 is easy to reach cos today already close to it. I'm aiming much lower. My bullets also going dry soon. hezzzz.

yo,
I asked this question before ! /cheers
the answer i get was as long as u have 1 lot (100 shares) u are qualified to get divvy

This post has been edited by mopster: Aug 20 2009, 11:08 PM

what the )(#*$)((#*)(*$#)(*)(#$?

AIG : 34.88 +8.24 (+30.93%)

Aiya, my account still not open yet
Freddie, Fannie semua up..

This post has been edited by zamans98: Aug 20 2009, 11:09 PM

In actual fact, as long as you are having 1 unit, you will still be entitle to the div. But, who would be that stupid to buy 1 unit for the div while pay commission >RM40

Stocks Higher After Positive Economic Forecast

Investors are placing small bets on stocks as they keep receiving mixed signals about an economic recovery. Major stock indicators edged slightly higher early Thursday, including the Dow Jones industrials, which rose about 25 points. The modest gains came as a private research group said its forecast of economic activity rose for a fourth straight month in July, but at slower pace than in the past three months.

thats why DJ raise ...

Where's Doomcake?
Kind of quiet tonight....sulking in his cave, maybe?

Damn bulls.. Curse 'em.. Curse 'em all!

Already stop loss before the rise. Anyway, the rise wasn't that high. Little volume.

Back in the bunker... getting ready for another assault for
tomorrow: Option Expiration Day.

This gotta be deadly for bulls.

Update:
Strange... looks like the bulls are retreating already.



This post has been edited by danmooncake: Aug 20 2009, 11:50 PM

everybody loves money!

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Added on August 20, 2009, 11:51 pmDMC , you always got my vote

This post has been edited by mv2r: Aug 20 2009, 11:51 PM

Miahahahha, perhaps he's wondering where all his bears has been ?

The indices are showing green but drifting lower from morning high.
I think by end of day, the bulls will scramble and sell off.

Breakdown of Trading Participant at Bursa M'sia


This post has been edited by tessei: Aug 21 2009, 12:25 AM


Attached thumbnail(s)

Looks like the local big sharks are dominating the market now. Almost half of them.
No wonder they want to attract more foreign investments. The local ikan bilis are
not enough to feed them.