The dividend actually has been announced long time ago.
Today only they set the entitlement date.

first gold, then apple

next klci

just kidding

oic. i didn't follow mbsb closely after i sold it off last year.
thanks for the clarification

What is next next

The falling yen coupled with a fall-off in Chinese investment inflows "increasingly resembles" the run-up to the 1997 currency crisis, said Albert Edwards, Societe Generale's ultra-bearish strategist.

"It seems investors may have forgotten that yen weakness was one of the immediate causes of the 1997 Asian currency crisis and Asia's subsequent economic collapse," Edwards wrote in a global strategy note on Wednesday.

Edwards, who recently returned from meeting clients in Hong Kong and Singapore, forecast the Bank of Japan will lose control of its recently launched program of aggressive monetary easing, leading to spiraling inflation and an increasingly unsustainable debt position.

Any comrades here?

Hey buddies, ask a noob question, yesterday CI close with + how many points? not +10p?
how come today CI open so low, I remember yesterday 1710.

busy recently, no time blow water

One of major root of problem of 1997 AFC, was about unsustainable high external short debt.
As at that time, due to red hot economy in Asean countries, many go for external borrowing to fund the needs of money. (as USD and Yen is cheap due to rising currency of those countries)

Yen weakness is not the culprit of AFC.

Why link Yen weakness to AFC?

+10p from 1698 previous day, closed 1710 i think (or around there)
now -3 so 1707

Ready at your service, commander.

Further explanations as below :-

If the market really believes the Bank of Japan is committed to the 2 percent inflation target (and I certainly do), then Japanese bond yields will quickly attempt a move above 2 percent," he said.

"If the Japanese government bond yield begins to rise, then an unsustainable debt position becomes even more obviously unsustainable and the government will be obliged to ramp up its quantitative easing operations to pin yields at low levels."

"I certainly expect accelerating quantitative easing to undermine the yen further, and the market to anticipate this," he added.

Edwards warned investors they should expect money to pour out of Japan in the same way it did after the BoJ's foreign exchange intervention in 2004.
"Who will be a beneficiary of this carry trade ? Probably high yield GIIPS [Greece, Italy, Ireland, Portugal and Spain] bond yields and the euro . And hence the periphery will appear to have been 'fixed'. Who will suffer? Germany, as the euro soars," he said
(Read More: Audacious BOJ Policy Sends Dollar, Euro Soaring )

A weak yen combined with deteriorating balance of payments situations in China and other major emerging markets is reminiscent of the mid-1990s, said Edwards.

"When I see a sharp rise in China' s real exchange rate and deteriorating Balance of Payment, it rings alarm bells. China is not the most vulnerable of the emerging markets currencies to a weak yen, but this conjunction could easily trigger a currency crisis as growth is crushed. High levels of foreign exchange reserves are no protection," Edwards added.


This post has been edited by SKY 1809: Apr 18 2013, 11:00 AM

oh correct, i think i wrong see

Like this?

gpacket ?

nope. it is this.

They don't have any choice, either carry on the old way, or choose to print money and stimulate

All i know is weak Yen is good for their export, as well to increase their inflation

But I already using this.



U haven't reach I already start shooting at you

I think of , to put some money to buy a bit of Japanese stocks instead

Affin is quite steady today

This post has been edited by SKY 1809: Apr 18 2013, 11:11 AM

Today MBSB become star

Then i have to prepare this