Stock Market V49, MARKET REBORN LIKE A TIGER ROAR !!!
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 Feb 19 2010, 11:45 AM
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#1
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Senior Member
943 posts Joined: Mar 2009  
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QUOTE(kmarc @ Feb 19 2010, 11:23 AM) Wow! Mas-OR only 9 cents!!! MAS still dropping like a stone. So the key question is whether has the "stone" reach the bottom  Any thoughts on this?    Recent news like the legal suit in US does it no good as well. However on the positive side, if it has hit the bottom then the only other way is up. Where's Idris J when you need him ? |
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Feb 19 2010, 12:42 PM
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#2
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Senior Member
943 posts Joined: Mar 2009
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QUOTE(kmarc @ Feb 19 2010, 12:29 PM) No need to read as I was "silently" reading it at that time. So far, buying RI incurs less transaction cost than if you buy the mother share. I have been using Maybank and they charge RM12 for the rights issues & it doesn't matter how many lots you get. So I daresay it could be "cheaper" to get the mothershare through the RI. This purely transaction cost ya. I know the price drop in mothershare could negate whatever you might hv save in transaction cost Yeah, just thinking of how some people might want to take a chance to make a quick buck here.  If not for the hassle of subscribing the RI, was thinking of buying some MAS-OR just for fun. Anyway, that's just my thinking, not planning to play with fire....  Haizzz... OSK no power..... Hektar +2 cents!!!   |
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Feb 19 2010, 02:37 PM
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#3
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Senior Member
943 posts Joined: Mar 2009
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QUOTE(kmarc @ Feb 19 2010, 01:20 PM) Just curious. To subscribe to the RI, you need to fill in some forms right? What's the normal procedure for maybank, say after you buy MAS-OR and plan to take up the RI? So far, for my last two RI (AXIATA & MRCB), my Maybank will call me telling me to bank in the required $$$ + $12 for the rights issue. Sometimes, they also ask whether want to subscribe to extra lots. This one no need to buy the OR. so I think maybe there are some ppl with OR who forgot to notify the bank or let it expire by choice. |
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Feb 19 2010, 03:46 PM
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#4
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Senior Member
943 posts Joined: Mar 2009
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QUOTE(kmarc @ Feb 19 2010, 02:44 PM) Hmmm.... next time maybe I will ask him. Now lazy to call him.... I had the mothershare. Come to think of it, I have never bought OR only but might give it a try. Has MAS-OR touch bottom yet ?  Errrmmmm.... were you holding the mothershare or you bought the traded rights issue?  |
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Feb 22 2010, 01:08 AM
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#5
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Senior Member
943 posts Joined: Mar 2009
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QUOTE(AdamG1981 @ Feb 21 2010, 11:22 PM) Will Shanghai down with the kauness or UP with the kauness tomorrow? Tomorrow, the first "real" start of post CNY stock trading. We can start chasing the tiger or .... let the tiger chase us. |
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Feb 22 2010, 11:40 PM
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#6
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Senior Member
943 posts Joined: Mar 2009
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QUOTE(mopster @ Feb 22 2010, 08:18 PM) Dow Jones Economic Calendar States 26th Feb, Friday... but from my exp DJ News is not accurate General earnings this quarter looks good.Interesting reports today: TM -> Proposed 13c Less Tax divvy... MAS -> Green report card.. Maybulk -> 15c divvy Mahsing -> Proposed Bonus Issue Coastal -> good result but no divvy.. Compugt -> kaboom.... -94M --- More to come this week: Genting Group, YTL Group, Axiata, Maxis, KLK, BKawan, CIMB,.. etc  |
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Feb 23 2010, 12:23 AM
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#7
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943 posts Joined: Mar 2009
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QUOTE(AdamG1981 @ Feb 23 2010, 12:06 AM) Did i mention today that China will sell its 1 year bill tomorrow? 17 billion worth. China behaving like US ? So whats the impact ? Reminbi gets diluted but stimulus goes on ? |
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