Italy's borrowing costs double
http://www.google.com/hostednews/ap/articl...bd15f0c66cdb63f

Why crisis return before I get chance to play the megaIPOs and GE13 election?

But good thing is I'm 100% prepared this time ..... no more caught with my pants down like last year ....

These days .... sometimes .... when bad news come out, stock markets (DJ, HSI etc) rallied. That's because speculators are hoping that bad news will drive the central banks to do more stimulus.

I'll avoid long term investment in Malaysian stock markets for now.

But some overseas markets are still trading substantially below their historical median and I'm eyeing those.

I went overseas shopping today. Added two blue chips selling at cheap valuations ..... too bad didn't get at the day's lowest. 3 quality stocks in my portfolio now, all bought at a substantial discount. Still mostly cash.

The song "I wanna be a billionaire" was playing on radio, and I was smilling and humming and day dreaming

Maybe after I've collected enough. Otherwise the hours I spend on research will be wasted.

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Added on April 23, 2012, 9:08 pmGreater China

Not advising anyone to go there though.

This post has been edited by Veda: Apr 23 2012, 09:09 PM

Felda Global Ventures prospectus exposure out liao.

Can download here:
http://www.sc.com.my/

885 pages! Malas to read but a summary can be found here:
http://www.btimes.com.my/Current_News/BTIM...icle/index_html

Now, should I apply institutional or retail portion

With so much shares, I doubt the price will jump on listing day.

A tip from a friend (for those thinking of holding long term): Check the age of Felda palm oil trees vs those of other plantation companies