checking in with new buy Maybank!

fuu yesterday at 4.50pm KNM got dumped 10k lots at 2.81. probably a really urgent seller..hmm

KLSE is somewhat decoupled from the NYSE. occasionally it is affected, but not as often as before. speaking from my experiences in FKLI. in times like this, you know what to do

This post has been edited by teehk_tee: Feb 1 2011, 10:34 AM

for the KLSE there's no put ma right.. only way is to buy, buy, buy hahaha.

my broker? that one need to invite her over tea to chat

my opinion, not in the next 10-15 years.

from an economics POV (Solow neoclassical exogenous model), China does not have the innovation yet. it has the labour, it has the capital, but there's only a finite level of expansion that the economy can grow at with just these 2 factors.

the US still has the bulk of innovation that usually explains for the residual (unexplained - apart from labour n capital) growth factors. Right now people are focusing on the real economic numbers (GDP, per capita income and all) but these only will affect a fraction of your growth equation/factors. the unexplained bit are things you cannot see of intangible value. China is still reverse-engineering their way up, which means its still quite low on the rungs.

you can see a drift in academics as in there are slightly more chinese academics, but still 95% of the worlds innovation is probably concentrated in the US.

just my view.

This post has been edited by teehk_tee: Feb 2 2011, 12:18 AM

very much agreed on all your points made in the 2 posts.

one more is domestic income inequality (can be measured thru Gini coefficient - but that itself has technical limitations) but just from churning through the statistics in China, it appears they still have a very big gap from poor to rich, which would take a while (around 6-10 years china speed) to resolve, and this also presents a lot of problems in inducing domestic consumption.

maybe in 2040 can see China as upcoming superpower, but .. i just feel even at 10% or an overheated/on steroids 15% GDP growth a year it still has a very long way to go to be able to catch up with the US.

(might be very wrong)

haha, just making a point

queueing MBMR

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Added on February 2, 2011, 9:24 amini genting ah.. CNY fever is it.

This post has been edited by teehk_tee: Feb 2 2011, 09:24 AM

5% gain peanut gain?



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bought in more tigerbank today at 3.70 lol 8.70

This post has been edited by teehk_tee: Feb 2 2011, 09:48 AM

axiata? .. banking on their indo operations ka ? haha i like but i havent do homework on it aiyo..

everybody on holiday liao the tered didn't even move a page lol

ended today's buying with fresh MBMR @ 3.20

now can off screen celebrate new year hoho

queueing for?

happy chinese new year to you too

as usual, u huat liao! hahaha

it's going to be a very green opening no thanks to Genting

wtf.. most active list all .. pink colour one

no prob here!

thats the problem with US exporting inflation n bringing the world down with it.

everything's jolly as long as the money tap is still on