Well, it's UBS. The very well-known Swiss Bank catering mainly for the ultra high net worth few. So whatever they report should be quite credible.
Money leaving Malaysia in massive amounts and biza, Verification
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 Jan 14 2010, 06:44 PM
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Jan 14 2010, 10:41 PM
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QUOTE(howszat @ Jan 14 2010, 09:37 PM) Forget about UBS. The real question is: who is freemalaysiatoday.com, and is this news being reported anywhere else? This report released by UBS was also published in other reputable websites. In fact, i first read this report on Monday. Believe freemalaysiatoday.com simply copy and paste it on their own website. |
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Jan 15 2010, 09:55 PM
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QUOTE(Bobby C @ Jan 15 2010, 07:15 PM) Market saturation? What is market saturation if u monopoly the market but still cant perform? Like proton / maybank? In Maybank's defense, their Malaysian operation is actually profitable. Besides, they did report a huge net profit in the 3rd quarter of 2009. The huge losses reported in the 2nd quarter of 2009 was mainly because of Bank Internasional Indonesia (BII). They should release the financial statement for the 4th quarter of 2009 very soon. Stay tuned. |
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