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 STOCK MARKET DISCUSSION V125, stimulus, no stimulus, stimulus...

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robinlim
post Sep 6 2012, 03:12 PM

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Checking in
Portfolio all in deep red sad.gif
the sole consolation is e-divvy from panamy & sunreit laugh.gif
robinlim
post Sep 7 2012, 12:43 PM

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QUOTE(yok70 @ Sep 7 2012, 12:23 PM)
True. But on the other hand, cutting debt is really not an easy job. Look at the Euro countries now, people are on the street. The instability of the country cannot do any help to its rebuild of economy. And debt interest is hanging them, no matter how luxury they are and have been, they(or to say, their citizens) still need times to adjust themselves. Need to give them time. Say we, normal office workers, easily spend $10 for one meal nowadays. If want them to spend just $3 per meal, can they survive? Of course they can, can fat also. But can they accept it just because the government "requested" them to do so? I don't think so. They will be on the street "fighting for their rights". People are confused nowadays? No, they are not. They know what they are doing. But they are greedy. They have been trained to be greedy, either by the government, or the reality of the society. Those who has a good mind, are very rare.   cool2.gif


Not to say they are greedy, it's just that behavioral change is always not easy
For the ordinary people, why would they want to live below their means and adjust their current lifestyle to help the government cutting the deficits whilst this whole problem is caused by government's mismanagement?
If the same thing happen in Malaysia (which I think will happen sooner or later with the ballooning deficits)
would you think the reaction from the people on street will be the same?  cool2.gif


QUOTE(yok70 @ September 7, 2012, 12:26 pm)

I just met an American friend who's very angry for Romney's aggressive speech that put America as super Empire country where all other countries (especially China) are losers etc. This is Romney, the fake joker. If he won, can start selling all US shares already, sure die.  laugh.gif
*
Romney is just a joker, always become the laughing stock
he's well known for 'talking the not suitable thing at not suitable situation' laugh.gif

This post has been edited by robinlim: Sep 7 2012, 12:44 PM
robinlim
post Sep 7 2012, 02:57 PM

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QUOTE(yok70 @ Sep 7 2012, 12:57 PM)
Cannot just blame the government. If they don't like the government, they can vote against it and change government. They voted for the government because they like what they get, the luxury lifestyle. Euro is not like China which citizen has no option to vote.
And I'm not saying Euro people are greedy, I am saying ALL PEOPLE in the world nowadays are greedy, because of the nature of our society.  nod.gif
true
it's always people nature that they select the ones that take care them well nod.gif


Added on September 7, 2012, 3:00 pm
QUOTE(river.sand @ Sep 7 2012, 02:01 PM)
Romney is branded vulture capitalist by his (Republican) critics  laugh.gif

Then again, there are plenty of stupid American voters who support him
*
Support for the sake of anti-Obama / anti-democrats
same like bolehland laugh.gif

This post has been edited by robinlim: Sep 7 2012, 03:00 PM
robinlim
post Sep 7 2012, 03:03 PM

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QUOTE(yok70 @ Sep 7 2012, 02:32 PM)
Although I sold all my Bonia last week, I still receive the MGO offer post to me. I don't need to care about it, but I'd like to learn.  biggrin.gif

It said, "NOTICE OF UNCONDITIONAL MANDATORY TAKE-OVER OFFER DATED 28 AUGUST 2012". The offer price is 2.04.

I'm still not sure how this thing works. Can any sifu please teach me?
1. Is it a MUST that all shareholders MUST sell their shares to them?
2. What's the difference between this one and the previous Spsetia offer? If I remember correctly, every shareholder MUST sell their shares to them on that one, was it?

Thanks!  notworthy.gif
The only difference is SPSetia is 'CONDITIONAL'
Bonia is 'UNCONDITIONAL' laugh.gif
At RM2.04, sure kena cursed by hell doh.gif
SPSetia was offered with premium, PNB still kena cursed like hell

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