Give yourself a rest for the weekend, not asking tips
STOCK MARKET DISCUSSION V129, All time high!
STOCK MARKET DISCUSSION V129, All time high!
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Apr 13 2013, 10:06 AM
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#61
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8,652 posts Joined: Sep 2005 From: lolyat |
Ah boon!!!
Give yourself a rest for the weekend, not asking tips |
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Apr 14 2013, 09:56 PM
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#62
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8,652 posts Joined: Sep 2005 From: lolyat |
QUOTE(SKY 1809 @ Apr 14 2013, 09:49 PM) Gold Specialist lost 28% in 3 months ? After 2008 financial crisis, he made a lot of investment mistake if i'm not mistakenBillionaire John Paulson lost more than $300 million of his personal wealth on his gold bet, as the precious metal fell to its lowest price in almost two years. Paulson has roughly $9.5 billion invested across his hedge funds, of which about 85 percent is invested in gold share classes. Gold dropped 4.1 percent yesterday, shaving about $328 million from his net worth on this bet alone. Gold tumbled and entered a bear market after falling more than 20 percent since August 2011, bringing more bad news for 57-year-old Paulson, who has struggled with poor returns for the past two years. He told investors last year that his $700 million Gold Fund would beat his other strategies over five years because the metal was the best hedge against inflation and currency debasement as countries pump money into their economies. The fund slumped 28 percent this year through March, a person familiar with the matter said this month. |
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Apr 14 2013, 10:09 PM
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#63
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8,652 posts Joined: Sep 2005 From: lolyat |
QUOTE(SKY 1809 @ Apr 14 2013, 10:03 PM) Many did say gold price was low and attractive last week, but went down another 4% on Friday. Although i'm not expert in metal commodities, but after 2008 financial crisis, the spike in gold is unreasonable from what i can see, totally outperform the other investmentOr more to come ? Or maybe it is the sign of USD going to be strong? |
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Apr 14 2013, 10:10 PM
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#64
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8,652 posts Joined: Sep 2005 From: lolyat |
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Apr 14 2013, 11:47 PM
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#65
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8,652 posts Joined: Sep 2005 From: lolyat |
QUOTE(SKY 1809 @ Apr 14 2013, 10:12 PM) Once the US economy gets back on its own feet, yes. Definitely, recovery is not a simple task but so far there is some progress compare to few years agoBut Investors in US are more hopeful of the economy now as compared to 2 years back. QUOTE(SKY 1809 @ Apr 14 2013, 10:14 PM) Highly unlikely BOJ has the capability as Fed |
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Apr 15 2013, 10:22 AM
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#66
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8,652 posts Joined: Sep 2005 From: lolyat |
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Apr 15 2013, 10:25 AM
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#67
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8,652 posts Joined: Sep 2005 From: lolyat |
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Apr 15 2013, 10:45 AM
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#68
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8,652 posts Joined: Sep 2005 From: lolyat |
QUOTE(SKY 1809 @ Apr 15 2013, 10:25 AM) WB way of investing is totally different from other fun managers, his size is way too bigWB buy business outright and he is owner Other fund manager buy company share with a little controlling right These 2 are in different league, how to compare apple to apple? QUOTE(Bonescythe @ Apr 15 2013, 10:37 AM) But u pay 80 cent for a Ringgit value |
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Apr 16 2013, 04:13 PM
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#69
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8,652 posts Joined: Sep 2005 From: lolyat |
I still remember WB letter to shareholder on few years ago regarding gold investment, today fall of gold price did prove him right
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Apr 16 2013, 07:10 PM
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#70
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8,652 posts Joined: Sep 2005 From: lolyat |
QUOTE(jy1905 @ Apr 16 2013, 04:31 PM) this one no need buffet write Population in Malaysia will continue to increase, i saw the statistic of population age, those age 19-35 bracket is the mostnewton ald said so centuries ago i also wanna say property price in m'sia will fall QUOTE(gark @ Apr 16 2013, 05:46 PM) I guarantee they will find a piece of business within 3 years, otherwise the spac operator will only earn 10%. IOI Properties privatize at PE 8, now listed at PE 10+ They will find a business which is bought at low price and then sell to the spac at high price. Like this they will earn much much more. Later the business bungkus... they day dunno arrr.. when bought that time good ah... now blame the world economy. No different that relisting of the many counters in share market. Like Astro delist at PE 15, sell back to you at PE 30 + without the international operations. IOI properties is next... you cannot win over the big boys one eh. The landbank almost the same |
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Apr 17 2013, 11:24 AM
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#71
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8,652 posts Joined: Sep 2005 From: lolyat |
QUOTE(gark @ Apr 17 2013, 09:37 AM) Success as in speculation, not success as a business. High risk high return The business Hibiscus acquired (LIME petrol) is still making losses, and they only HOPE to find and extract oil according to research. What if the charts and graphs all end up not correct, and not as much oil as expected inside? And also oil now dropping.... The Oman and UAE oilfield - has been explored since 1980's and has sold and changed hands many times until hibiscus - if so profitable why the concession kena turn around like hot stone? Until now still test drill test drill... The norwegian and australia oil fields is more or less marginal field with low reserves and production (at least got production)...2nd hand field as the most productive years other people have already extracted most of the stuff and left a little inside. By the way all 3 oil fields have common shareholders with hibiscus before selling to hibiscus. Big risk if you ask me... That risk indicate why Petronas not keen to list out Petronas Carigali, oil exploration is not 100% guarantee business, it depends on politic connection, skill & knowledge and sometimes luck |
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Apr 17 2013, 12:35 PM
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#72
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8,652 posts Joined: Sep 2005 From: lolyat |
QUOTE(gark @ Apr 17 2013, 12:00 PM) Lotsa lotsa Lotsa luck.... This is terrible Last time in Indonesia, the geological survey thought they struck the mother load of oil and gas based on sub surface analysis. There seems to be lots of oil like substance beneath the ground. So they quickly quikcly do a test drill... Then THIS happened... Summary... » Click to show Spoiler - click again to hide... « Exploration of oil going deeper and deeper (For sea), which is why they need high crude oil price to support its cost Unlike Saudi Arab, their cost per barrel is around USD10-30. In short, those big guys in Oil & Gas has the final say. So Kencana business is like owning the oil extraction field for 10,20 or 30 years concession? then sell it to Petronas? » Click to show Spoiler - click again to hide... « |
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Apr 17 2013, 12:39 PM
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#73
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8,652 posts Joined: Sep 2005 From: lolyat |
QUOTE(Boon3 @ Apr 17 2013, 12:29 PM) Ah Boon, today didn't expect so many homework from u, so no need tipsy today Regarding the disposal in UEMLand, previously it was one of KLCI top 30 component, later it was replace by IHH or Bumi Armada (if not mistaken), hence some of the index fund manager forced to dispose at that price. |
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Apr 17 2013, 01:21 PM
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#74
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8,652 posts Joined: Sep 2005 From: lolyat |
QUOTE(SKY 1809 @ Apr 17 2013, 12:42 PM) Please summon me Harry Potter QUOTE(Boon3 @ Apr 17 2013, 12:47 PM) Fingers blister jor! I think it is easy to criticise EPF by pointing out whenever there are news of EPF buying and selling a same stock at the same time. Sometimes we have to take into consideration of external fund managers. Recently EPF was made to look bad when one of the external fund managers decided to sell MISC. Post #2342: http://forum.lowyat.net/topic/2696144/+2340# EPF had already issued statements saying offer price was too low but when one check MISC shareholder transactions, EPF was seen selling. This issue was mentioned in today's papers. |
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Apr 17 2013, 01:57 PM
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#75
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8,652 posts Joined: Sep 2005 From: lolyat |
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Apr 17 2013, 03:01 PM
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#76
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Senior Member
8,652 posts Joined: Sep 2005 From: lolyat |
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Apr 18 2013, 11:06 AM
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#77
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8,652 posts Joined: Sep 2005 From: lolyat |
QUOTE(SKY 1809 @ Apr 18 2013, 10:59 AM) Further explanations as below :- They don't have any choice, either carry on the old way, or choose to print money and stimulateIf 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. All i know is weak Yen is good for their export, as well to increase their inflation |
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Apr 18 2013, 11:22 AM
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#78
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8,652 posts Joined: Sep 2005 From: lolyat |
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Apr 18 2013, 11:58 AM
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#79
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8,652 posts Joined: Sep 2005 From: lolyat |
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Apr 18 2013, 02:48 PM
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#80
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8,652 posts Joined: Sep 2005 From: lolyat |
QUOTE(gark @ Apr 18 2013, 12:48 PM) So are u flying back to Malaysia on 5th May? QUOTE(cherroy @ Apr 18 2013, 02:34 PM) Normally, when new fund mushrooming on certain sector or region time, peak may not far away... Thank u sifu, another method learnt Last time, small cap fund (when 2nd board and third liners were hot time) Then property (global/region) funds were mushrooming before 2006~2007. After that China theme funds. So when many funds appearing and concentrate on certain theme, better be wary. Just like recently many like Reit and properties investing, make me concern about this sector. Crowded trade is always a warning sign. Gold was the latest crowded trade investment target just not too long ago. |
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