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Stock Market V40, Do you believe in October Myth?
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mazda626
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Sep 22 2009, 02:38 AM
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SUSKinitos
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Sep 22 2009, 09:44 AM
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Maybe you should throw your 00 testicles to weight down the index
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cherroy
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Sep 22 2009, 10:37 AM
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20k VIP Club
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QUOTE(danmooncake @ Sep 22 2009, 01:00 AM) Oil is down 3.5% tonight ($69), DTO went up 7.5% If Oil continues down, CPO sure kena by Wednesday. Watch for down pressure for OILCORP and KNM.  Oilcorp probably will sink kau kau due to payment default issue, which 1 million is relative speaking peanut for a company has 900+ milllion under the balance sheet with 400+ million of receivables.
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David_Brent
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Sep 22 2009, 01:50 PM
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QUOTE(cherroy @ Sep 22 2009, 10:37 AM) Oilcorp probably will sink kau kau due to payment default issue, which 1 million is relative speaking peanut for a company has 900+ milllion under the balance sheet with 400+ million of receivables. Exactly. So, what do you think is going on? The note they defaulted on is unsecured at 7.15%. Maybe it's a question of won't pay rather than can't pay? Also - I am confused how they can have RM400million + receivables with 500 days debtors. What on earth are they playing at I wonder
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htt
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Sep 22 2009, 03:19 PM
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QUOTE(David_Brent @ Sep 22 2009, 01:50 PM) Exactly. So, what do you think is going on? The note they defaulted on is unsecured at 7.15%. Maybe it's a question of won't pay rather than can't pay? Also - I am confused how they can have RM400million + receivables with 500 days debtors. What on earth are they playing at I wonder  Even unsecured debtor can file a case and wind up the whole company... there shouldn't be 'won't pay case' for the time being...
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coffeelover1975
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Sep 22 2009, 04:19 PM
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New Member
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QUOTE(David_Brent @ Sep 22 2009, 01:50 PM) Exactly. So, what do you think is going on? The note they defaulted on is unsecured at 7.15%. Maybe it's a question of won't pay rather than can't pay? Also - I am confused how they can have RM400million + receivables with 500 days debtors. What on earth are they playing at I wonder  could be the receivables are someone dear & familiar to them
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David_Brent
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Sep 22 2009, 04:20 PM
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QUOTE(coffeelover1975 @ Sep 22 2009, 04:19 PM) could be the receivables are someone dear & familiar to them  That had crossed my mind!
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mopster
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Sep 22 2009, 04:20 PM
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looks like markets everywhere flying today~~ this B U L L never stops....
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cherroy
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Sep 22 2009, 04:25 PM
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20k VIP Club
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QUOTE(mopster @ Sep 22 2009, 04:20 PM) looks like markets everywhere flying today~~ this B U L L never stops....  Everywhere green green, if nothing goes wrong, KLCI can make newer high for green after Raya celebration. This bull longer than everyone has expected. Look at how USD sink today!
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coffeelover1975
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Sep 22 2009, 04:26 PM
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I gotta feeling....woo-hoo....that tomorrow's gonna be a good-day,that tomorrow's gonna be a good day..... By: BLACK-EYED BEANS
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htt
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Sep 22 2009, 04:42 PM
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QUOTE(coffeelover1975 @ Sep 22 2009, 04:26 PM) I gotta feeling....woo-hoo....that tomorrow's gonna be a good-day,that tomorrow's gonna be a good day..... By: BLACK-EYED BEANS Later got black-eyed...
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teehk_tee
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Sep 22 2009, 08:36 PM
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anyone saw the news today? QUOTE ADB raises outlook for Asia, lowers it for Malaysia
BEIJING: The Asian Development Bank raised its growth forecasts for China and India on Tuesday and said the region is leading a global recovery but warned against ending stimulus efforts too quickly.
The bank raised its 2009 growth forecast for China from its 7.2 percent outlook in March to 8 percent, and India from 5 percent to 6 percent. The regionwide forecast was raised from 3.4 percent to 3.9 percent.
"Developing Asia is leading the recovery from the global downturn," the Manila-based bank said in a report on 44 economies stretching from Pakistan to South Korea to Fiji.
The growth forecasts for Hong Kong and Indonesia also were raised, though the outlooks for Taiwan, Thailand and Malaysia were lowered. http://biz.thestar.com.my/news/story.asp?f...00&sec=businessthe ADB report on M'sia is here. http://www.adb.org/Documents/Books/ADO/2009/update/mal.pdfmight see a brief fall before midday when market opens tomorrow.
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panasonic88
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Sep 22 2009, 09:56 PM
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20k VIP Club
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DJIA at 9,800 now the feels good feeling is getting stronger  i missed KLSE after the two days break, ahh back to work on tomolo!
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marco_ooi
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Sep 22 2009, 11:30 PM
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QUOTE(panasonic88 @ Sep 22 2009, 09:56 PM) DJIA at 9,800 now the feels good feeling is getting stronger  i missed KLSE after the two days break, ahh back to work on tomolo! it is matter of time for Dow to surpass 10,000 points if tis happen, all confidence then will back again A new bull run officially declared. haha....
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David_Brent
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Sep 22 2009, 11:46 PM
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QUOTE(panasonic88 @ Sep 22 2009, 09:56 PM) DJIA at 9,800 now the feels good feeling is getting stronger  i missed KLSE after the two days break, ahh back to work on tomolo! Hope I can find something to BUY tomorrow....got a long shopping list
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coffeelover1975
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Sep 22 2009, 11:52 PM
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heh-heh....tomorrow's time to get a net and have an easy & quick fish.
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teehk_tee
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Sep 23 2009, 12:41 AM
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QUOTE(coffeelover1975 @ Sep 22 2009, 11:52 PM) heh-heh....tomorrow's time to get a net and have an easy & quick fish.  nice trap for the sharks  gonna look for hit-and-run buys.
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TSdebbieyss
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Sep 23 2009, 12:43 AM
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Markets keep on rising everywhere, I believe KLCI is not exceptional. How are we going to get cheap cakes for tomorrow?
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mazda626
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Sep 23 2009, 01:59 AM
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QUOTE(debbieyss @ Sep 23 2009, 12:43 AM) Markets keep on rising everywhere, I believe KLCI is not exceptional. How are we going to get cheap cakes for tomorrow? KLSE gila one, not sure up tomolo. It might be down to longkang.
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! Love Money
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Sep 23 2009, 04:16 AM
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back after a long holiday US up for the second day... the top 3 leading indexes movement graph look fugly... another 5 hours before KLCI market open... gueesing how much CI will up?
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