Some presentation material on Capital Land...

http://info.sgx.com/webcoranncatth.nsf/VwA...pdf?openelement

wow.. just back from meeting.. CI drop kaw kaw..  time to go for shopping..

Honestly,I won't buy back until the PE drops to 7.

Bought some rambutan,hope not sour one.

Okie Dookie. Q-ing for KNM @ 0.76

China Stock Index Plunges, Briefly Enters Bear Market (Update1)
By Bloomberg News
Aug. 19 (Bloomberg) -- China’s stocks fell, briefly driving the benchmark index into a so-called bear market, on concern tighter lending will damp economic growth.

The Shanghai Composite Index lost 4.3 percent to 2,785.58, as China Shenhua Energy Co., the nation’s largest coal producer, sank 6.8 percent, the most since Feb. 18, and Citic Securities Co., the biggest brokerage, sank 7.8 percent.

The gauge has slumped 19.8 percent since this year’s high on Aug. 4, after more than doubling from November’s low as China rolled out a 4 trillion yuan ($585 billion) stimulus package. A plunge in new bank loans in July, disappointing earnings and concern the government will seek to damp property market speculation has sapped confidence.

“It’s irrational selling that has shattered market confidence,” said Larry Wan, Shanghai-based deputy chief investment officer at KBC-Goldstate Fund Management Co., which oversees about $583 million in assets. “Some mutual funds have been reducing their stock holdings as they are pessimistic about the economic outlook.”

China Everbright Securities Co., which had the smallest first-day gain of any new stock in Shanghai this year, slumped by the 10 percent daily limit today. About 10 stocks fell for each that rose on the Shanghai index.

“The Chinese market is very trend-oriented because there are many individual investors,” said Philippe Zhang, chief investment officer at AXA SPDB Investment Managers in Shanghai, which oversees about $220 million. “It can rally very quickly and go down strongly as well.”

New Loans

The Shanghai index, the third-best performing market in the world in the first seven months, remains 59 percent below its record level on Oct. 16, 2007. Stocks have slumped this month as new loans in July declined to less than a quarter of June’s level, the regulator allowed initial share sales after a nine- month moratorium and companies including Yunnan Copper Industry Co. reported losses. The gauge remains 53 percent higher this year.

“The current correction is reflecting the tightening in lending,” said Andy Xie, a former Asian chief economist at Morgan Stanley, who correctly predicted in April 2007 that China’s equities would tumble. “We’ve seen the peak of this market cycle, though there’s likely to be a bounce as the government seeks to stabilize the market.”

The market may extend its decline by another 10 percent, Xie said Aug. 17. Even with the recent decline, the Shanghai index is trading at 30.4 times reported earnings, against 17.5 times for shares on the MSCI Emerging Markets Index.

An estimated 1.16 trillion yuan of loans were invested in stocks in the first five months, China Business News reported on June 29, citing Wei Jianing, a deputy director at the Development and Research Center under the State Council, China’s Cabinet.

The Hang Seng China Enterprises Index, which measures Hong Kong-listed shares of Chinese companies, dropped 2 percent today to 11,210.62.

Bears announcing their arrival to the party

Today Najib din send out reinforcement

Today bought some first...
if tomorrow drop again then buy another counter....

China is like a totally goreng market. Retailers are chasing or dumping in herd one, a lot of them treat stock market as casino table only. 

That's why we always see it bubble and burst from time to time. It has been 3 times, China market facing this kind of stock market bubble for the last 10 years or so.

My view only.

guys, is it possible to move my accounts from one osk remisier to another osk remisier?

guys, any osk remisier to recommend? pm me thanks

yesterday all red.. today all green..

what is this xianlng?.. anyone got any idea in it?

it seems like dropping geh... aint it suppose to be green/
LOL...z no strength at all this counter..

Fishy counter.. lolz

haha.. what to do ... just click along til the end

MERDEKA RALLY IS COMING. GET SOME STOCKS B4 THE BULL RALLY RUNS AWAY

did i forget to clear my cache

just now dow future still blink blink green

now in red already

p/s: unexpected raise in jobless claim. DMC, happy? 

Maybe Russia = Home of big bear land. 
Russia always very bearish.

thanks for the quick reply!

wanna join in the fun..and move abit of fd into stocks for dividend..