tak ada lah. i bought some few months ago in high price. so only KFC meal lah.

gamuda rebound quite nicely.

THE government has extended the time it will take to agree to new terms for Padiberas Nasional Bhd’s contract over the monopoly of the country’s rice imports.

In an announcement to Bursa Malaysia, Bernas said the Public Private Partnership Unit under the Prime Minister’s Department has extended the time for the government and Bernas to come up to an agreement on new terms indefinitely.

Read more: Bernas gets more time to agree terms http://www.btimes.com.my/Current_News/BTIM.../#ixzz1ZOjlHc2m


What does it mean?
Does it mean that Bernas has been monopoly in rice imports all this while, and now just about new policy?
Or it means Bernas does not monopoly until today, and its new policy may monopoly?
Please enlighten me, my English very poor. Thanks!!!

Thanks!
So there is risk in Bernas then...

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Added on September 30, 2011, 10:23 amYour panamy rebound strongly! Once again, I miss the boat. 没缘分！

This post has been edited by yok70: Sep 30 2011, 10:23 AM

Here comes the bear topic again after these few days rally.

KUALA LUMPUR: CIMB Equities Research has downgraded RHB Capital to Neutral following surprising news about RHB Cap’s potential merger talks with OSK HOLDINGS BHD [].

It said on Friday, Sept 30 that the proposal for RHB Cap was short-term negative but long-term positive.

“News on RHB Cap’s potential merger talks with OSK surprised us as management had not shown any interest in acquiring an investment bank. We estimate that it could lead to 9-11% EPS dilution due to a likely high price and potential rights issue,” it said.

CIMB Research said still, it would be positive in the longer term as it would give RHB Cap a regional presence and boost its domestic retail broking business.

“We retain our earnings forecasts. Though we roll our target price forward to 2012, it drops from RM10.70 to RM8.95 because we now value it on parity with its DDM value, instead of 10% premium, and scale back our dividend growth rate assumption by 2% pts to 15.1% because of weakening investment banking deal flow,” it said.

The research house said in line with its sector downgrade, it downgraded RHB Cap from Outperform to Neutal and preferred Maybank.

http://www.theedgemalaysia.com/business/19...to-neutral.html

So once again confirm that CIMB's paper are written for SHORT TERM INVESTMENT. NOT FOR 1 YEAR OR LONGER TERM.
They deduct the TP for dilution but "forgot" to increase the future income.

This post has been edited by yok70: Sep 30 2011, 10:38 AM

ya, that's what i think too. so i decided not to buy bernas for now, may have downside risk and the risk could be high since....reformasi for GE.

Wah! 很多朋友这样跟我说！难怪单身了这么久。要改要改。。。

This post has been edited by yok70: Sep 30 2011, 10:50 AM

rhbcap in red after cimb's gorenger paper.

should be hell of a show of the year 2011! i hope i could be in the AGM to show it live!

who are buying spsetia? look at the huge buying queue.

if pnb don't mind to buy in open market, why not just quietly buy at 3.10? why wanna announce?

oh...i see.

right. so it's a double win for pnb. smart.

ok, CI red finally.

So obvious. Thought we are under aged kids.

exactly. it's directionless and sweating, crying for papa and mama.

KUALA LUMPUR: Permodalan Nasional Bhd (PNB), which launched a surprise takeover of S P Setia Bhd, bought 23.50 million shares of the property developer on Thursday, Sept 29.

Maybank Investment Bank Bhd said on Friday PNB bought the shares from the open market at an average price of RM3.868 a share. This was 3.2 sen below the offer price it made to SP Setia shareholders.

Under the takeover exercise, PNB made a cash offer of RM3.90 per share and 91 sen per warrant.

S P Setia share price rose one sen to RM3.88 at midday on Friday with 2.44 million shares transacted. The warrants increased 9.5 sen to 88.5 sen with 44.65 million units done.

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Added on September 30, 2011, 2:45 pm

This post has been edited by yok70: Sep 30 2011, 02:45 PM

My full green profile this morning now becomes half green only.