BJCorp building up formation..

Now doing allocation to different CDS

what happenned? why is everybody talking about gambling pulak all of a sudden?

I am surprised at the IQ of journalists writing such reports and people who believe them...

1. If you read the article - this lady who got PR .. was allegedly told that PR is gifted and she should vote for ruling party ... now .. PR's are not eligible to vote ..

2. This was supposedly an email exchange interview - wow .. shocking .. as I know that interviews are not conducted via email and even if so .. how can the lady forget any details when this was captured in email ..

3. On the Bangladesh article - that is the height of being ridiculous - three main points that this is a planted story:

        a. The English sentences written seem to have been written by someone who did not have time to construct proper English sentences
        b.  This is an NGO website which has no news reports on the whole website, let alone such a news item
        c.  Lastly, if you try to find the news through the main page of the website - you simply can't.
Next time please verify before believing such rubbish.

Not too bad for Bursa , only -0.03 points...maybe will pick up towards green later.

in recent weeks, i found out that jupiter is almost fighting against cimb's TA report. On those cimb wrote TA sell, jupiter wrote TA buy. when cimb said buy, jupiter said sell. 

Beijing stops credit line to French bank as mistrust goes worldwide

The Bank of China Ltd. has told BNP Paribas that it has put a stop on further trade with the bank in Asian markets, amid broader investor concerns over Europe’s debt woes. It told BNP Paribas (and UBS) that they had reached the limits of their trading credit lines; having notified the banks about its decision last week, the stop to further trading began yesterday (Monday 19th September).

The media tend to talk increasingly in global terms, and so – even if, like me, you vehemently oppose globalist ideas – when in Rome one must describe events in a Roman context.

Economic growth throughout Europe has slowed dramatically – not least because the currency futures are so uncertain, any form of durable purchase is being put off. In the United States, hyper-optimistic investors keep waiting in vain for positive signs of economic growth. There aren’t any, because new business forms have been starved of credit, and older US businesses are moribund.

Major European banks face huge losses; this is no longer a debating point…the only question remaining is just how big the losses are going to be. With Greece as good as in default and Italy very close to it, beyond Deutsche Bank there is probably no major in the EU that can feel at ease about the coming wave of bad debt.

The uncertainty and negative expectation have already made inroads into stock markets worldwide. The newer industries have struggled from lack of finance: now they are being strangled by a tightening of credit, and a hugely declining taste for sensible risk. The more markets fall, the more investors will gravitate towards what looks safe. And in Asia, the more they will eschew all debt investment in favour of putting more money into local/domestic infrastructural needs.

What’s going out of the window world wide now is trust.

The Bank of China telling BNP Paribas that it won’t trade with the bank in China’s local derivatives markets is a highly significant move. Not only does it effectively end the mystery about who the weakest French bank might be, it adds some walk to the talk China has been handing out lately.

China’s Premier Wen Jiabao said last week, “China believes the EU will be able to overcome its difficulties and China remains willing to expand its investment in the EU. We have on many occasions expressed our readiness to extend a helping hand.” Chinese helping hand often very inscrutable.

It’s the EFSF  that is being billed as the saviour of the Eurozone. It has a AAA rating, but only because Germany and France are involved. Given both these two have had some serious banking problems of their own unveiled today, that rating could spiral downwards very quickly. And as its contributors include Spain and Italy, the EFSF already has a serious credibility problem. Geithner’s last-minute plea to beef it up (probably already too late) fell on stone deaf ears last week.

I understand that Geithner has since been giving some very stark orders to the New York Federal Reserve since his first – and probably last – experience of smug europol arrogance. Reduced dollar liquidity alongside interbank distrust spells more money being parked at the ECB…..and banks increasing their reliance on the ECB for liquidity.

China, the US, and individual banks are all losing faith in the EU’s politicians.

Trust is everything in life. No trust in 95% of banks puts too much pressure on the few remaining ones. After which, attention turns to the taxpayer. This time, the taxpayer isn’t going to be interested.

oh ETF can short? That's cool. That day I check in Malaysia only got about 4 equity ETF and vol also pretty low recently.

oh ETF can short? That's cool. That day I check in Malaysia only got about 4 equity ETF and vol also pretty low recently.

Sime and AMMB pushing up. 

think so, coz CI is greener now...and i noticed DIALOG was swallowed in big lots in few bids...some1/EPF is pushing it?

the most scary part is that today will be the only green day...if some1 buy today and the next few days are red, then jialat liao...

Don't sell, then you won't have the above worries.

Don't buy, then you wont have any worries
oops.. not kacau u.. just wanna complete the sentence.. 

Oh I disagree.

My hand will gatal if don't buy during sales. Girls, you know la 

Edit: Maybe depending on counter. Some counter, you know it will hardly fall. Eg. Amway. I am buying those, so no worries.

Not my cup of tea.

S&P downgrading Italy..



would it affect the market again?

Hi, sifus
wht does this means

2577    YTLLAND    YTL LAND & DEVELOPMENT BHD 
Rights Issue 3 : 5 @ RM0.50 (Amended) 

Entitlement Details:
Renounceable rights issue of up to RM248,684,727 nominal value of ten (10)-year
3.0% stepping up to 6.0% irredeemable convertible unsecured loan stocks
("ICULS") at 100% of nominal value on the basis of three (3) RM0.50
nominal value of ICULS for every five (5) existing ordinary shares of RM0.50
each in YTL Land & Development Berhad ("YTL Land") held on 5 October 2011 at
5.00 p.m. ("Rights Issue of ICULS")

Bro Bone.

What about E&O????     

Any news????

Thank you thank you.