I predict KLCI will either go up or go down. 

Heard quite reliable source that PNB already kacau kacau the Setia management team.
IMO, they would run the company like their Ah Kong company.
Later give the projects to their own cronies companies who just take money but don't work.

Haizzz.....so sad   

I read the Nanyang Chinese Newspaper said that the 30% bumi share holding term wanna dispose, real or not?

LOL, they start want to talk about details only lah.

Not yet conclusive, nor the merger must/can take place. Remember MRCB - IJM talk previously? 

You are asking question that has no answer yet. 

---

Added on September 30, 2011, 3:58 pm

Who said the plunge now is completed or ended already? 

Ain't we see people talk about cut loss on Monday?
No offence. 

one thing about bernas .... there is no change to the fundamentals for the past 2 years ... the revenue, profit , dividends is the same ... probably the debts too .   

Ooops, suddenly blink that my Maybank matched???

The one you get from Suncity?

If yes then you very loyal   

look at all the fear mongering story   my membership for IIVC seems to be rejected for the moment

Wall Street falls as gloomy 3rd quarter ends- AP
Consumer mood improves but worries persist- Reuters
Oil set to end the month down nearly 10%- MarketWatch
U.S. incomes fall for first time in nearly 2 years- AP
Friday’s biggest gaining and declining stocks- MarketWatch
Weak income curbs consumer spending
http://finance.yahoo.com/

“It’s Going to Get a Lot Worse”: ECRI’s Achuthan Says New Recession Unavoidable
http://finance.yahoo.com/blogs/daily-ticke...n&asset=&ccode=

Three steps to avoid a global depression: Soros
http://finance.yahoo.com/news/Three-steps-...1&asset=&ccode=

if u guys r daytrader & contra kaki, then jus play daily fluctuation & forget long/mid term 
those who hav never got an expensive burning lesson from futures, do go ahead & try it. u will learn so much tat u won't share here with us  

remember, earnings season is cuming soon
if the momo overdrove down shares, means got chance up
if the mom underdrove down shares, means sure down

if ur FA analisis kenot match with wat u r seeing now. coz the FA is all old news, due to its reporting last quarter news cerita lama
momo had alredi price in the expected future news, now wait actual earnings. did momo bet correctly? they wait co report on their outlook 
clue, its reflected in TA, if u know how to read TA. see, a wedge is about to be form soon. now momo oso waiting for earnings 

[attachmentid=2461627]

LOL, since when any analysts said it will happen and the economy did?  

Anybody said RE in US will plunge when 2006 time?
When subprime issue emerged time, analysts said it is just a portion, won't affect the prime one, don't worry.
The rest is history.
When RE did crash, many many analysts said, it will recover on 2010 or 2011, now, we are 4th Q of 2011.

When analysts said we were heading to oil USD200, then what happened next?
Oil plunged to USD40.

I would said, if you expect the unexpected, the chance you get right is higher. 

KUALA LUMPUR, Oct 2 — RHB Capital , Malaysia’s fifth largest lender, is expected to offer between 1.9 to 2.2 times the book value for OSK Investment Bank, The Edge financial weekly said citing an unnamed source.

RHB and OSK Holdings said on Thursday they had sought the central bank’s approval to start talks to merge RHB’s banking business with that of OSK Investment Bank.

OSK Investment Bank could fetch RM1.72 billion-RM1.99 billion, based on its estimated book value of about RM906.4 million at end-2010, the paper said.

“It is still too premature for us to comment on valuation at this stage,” RHB Capital managing director Kellee Kam said in response to the report.

“We are still awaiting the central bank’s approval to commence discussions formally.”

The proposed merger comes as Malaysian authorities are encouraging lenders to consolidate to create larger banks that can acquire more regional market share. — Reuters

Remember we have ETP announcement and market down like crap? Hahaha

After budget, double the red

budget nex friday la...

this is going to be business-friendly type of budget

..KUALA LUMPUR, Sept 30 (Bernama) -- Prime Minister Datuk Seri Najib Tun

Razak may announce one or two per cent cut in corporate tax in Budget 2012 in

line with the consensus of tax practitioners in Malaysia, says UHY.

It said the annual budget may also see further policy-level initiatives to

increase attractiveness of Malaysia''s tax regime, both for domestic and

international businesses investing in the country.

"In view of the uncertainties in the US and Europe, Najib may announce tax

proposals that would further spur inter-Asean trade and trade with China to

counter the slow growth brought about by the drop in imports of Malaysian goods

by the US and Europe," it said in a statement today.

Najib, who is also Finance Minister, will table the budget in Parliament on

Oct 7.

UHY is a network of independent accounting and consulting firms, with

offices in nearly 240 major business centres in 78 countries.

Last month, UHY tax professionals studied the tax data in 21 countries

across its international network, including members of the G8 (world''s richest

nations) and key emerging economies.

"Tax professionals in each country calculated post-tax profits for

businesses making annual statutory pre-tax profits of US$100,000, US$1 million

and US$100 million.

"When analysing larger profitable businesses, the same business in Brazil

would pay over a third more in tax (US$34 million) than the equivalent business

in Malaysia (US$25 million)," UHY added.

-- BERNAMA
..

We are already on deficit. With cuts sure come other increases, no? if not revenue will keep dropping and we will end up like another greece but who will bail us?

Hike salary of civil servants with a bloated workforce in them. *Shudder*
0354 GMT [Dow Jones] OSK Research says it has no major expectations from Malaysia 2012 budget due Friday, "except that it will probably be people friendly and include no further tightening of regulations with regards to the property sector which should be positive for property stocks." It also says it expects no hike in brewery tax which will be positive for Carlsberg Brewery Malaysia (2836.KU) and Guinness Anchor (3255.KU). The house expects a 4.5%-6.8% hike in tobacco excise duties which will be mildly negative for British American Tobacco Malaysia (4162.KU) and JT International (2615.KU). OSK Research adds that there is also a possibility of a hike in civil servants salary, which will be positive for Malaysia Building Society (1171.KU). (ankur.relia@dowjones.com)

TNB is also a good stock to own, except they cannot or powerless to raise the power tariff enough to cover the cost raising.
If not, TNB also a good defensive nature stock.

If do away with IPP, YTLPOWR and Tanjong plc will be unhappy. Lols~ Later, make Tan Sri Yeoh Tiong Lay and Anand Krishnan angry how via their interest in YTLPOWR and Tanjong plc? Later both of them don't want to continue invest in Malaysia, and following Robert Kuao footsteps? Government in dilemma..lols

IPP model is actually good.

It is like outsourcing, by then you can concentrate more on your core business issue, and less man-power and personnel needed eventually reduce the expenditure as well as potential capex and tedious maintenance issue on power generation.

You buy Rm x from IPP, then sell it at RM Z = x + y(profit+ cost), which is the perfect model of profitable business.

But... the contract....

So in the end, the best solution to save TNB is to have a better management team. MAS also need a better management team. oh well..