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STOCK MARKET DISCUSSION V129, All time high!
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plumberly
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Apr 3 2013, 03:48 PM
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QUOTE(felixmask @ Apr 3 2013, 03:20 PM) GE13 election analysis from CIMB. Page 9. Figure 16: Companies perceived to have political connections Thanks, very useful data there. Wonder why Petronas is not in the list. Cheerio.
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plumberly
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Apr 3 2013, 05:08 PM
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QUOTE(lch78 @ Apr 3 2013, 04:55 PM) Interesting quote: "The quite heavy artificial support on the index in the past two weeks have been done by local funds which are farmed out to foreign fund managers and therefore has been classified as foreign funds" SourceI was wondering why these FF were pushing up the KLCI and thus helping BN just before GE13. Experienced sifus will say this is only a drop in the ocean, there are bigger dirty plays behind the scene in the share market! I guess EPF is one of the key players there. Playing with our money!
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plumberly
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Apr 5 2013, 03:53 PM
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QUOTE(jy1905 @ Apr 5 2013, 03:44 PM) after weighing the upside and downside i have decided to close my eyes and press all my SELL buttons gonna take a break and wait for better opportunities good luck guyzzzzzzz and galzzzz My 2 cents ... Whoever is behind the current buying (FI or DI), they will have to sell later. Then is the good time to jump in? Ha.
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plumberly
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Apr 5 2013, 06:16 PM
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Just wondering, how much $$$ is involved in pushing up the KLCI now by 10 pts? I know there are many variables. A ball park figure will do. 300 million?
Doing this for weeks till the GE will cost a lot of money.
I guess Ah Jib wants a healthy KLCI as a positive rather than a negative point during the election.
But at tax payers' expense!
My 3 cents.
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plumberly
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Apr 11 2013, 02:37 PM
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QUOTE(yok70 @ Apr 11 2013, 02:18 PM) I wonder is there one in the world got this PHD? Can tolerant to bankrupt 4 times, not human already. God-levelĀ  If I am not mistaken, Tan Sri Ting P has bankrupted 3 times. But he is in business (hotel, airport construction), not in share trading. Came back up many times after failures. Determination, drive, vision or with govt connections? This post has been edited by plumberly: Apr 11 2013, 02:51 PM
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plumberly
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Apr 11 2013, 08:31 PM
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QUOTE(Boon3 @ Apr 11 2013, 07:31 PM)
We are not Richard Bransons. If we fail, there is a good chance we will not be able to pick ourselves up no matter how hard we try. We cannot afford failures like those rich people. Rich people can start a business venture and they can afford to let it fail The cost of the failed project is a spit in the ocean for them. They can afford many more failures unlike us. We fail just one time ah.. we will die standing.
[
Agree. Same with people with very good govt connections like this Tan Sri. He could resurfaced after bankruptcy so many times. Cheerio.
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plumberly
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Apr 12 2013, 10:31 AM
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QUOTE(Icehart @ Apr 12 2013, 10:00 AM) Thanks. Saw an article in the newspaper some months ago and I wrote to the author to do a comparison in money terms for a typical family for the 2 cases - with GST and without GST. The author did not have all the data to do the comparison. Stating that certain food will not have GST is not covering the whole true picture. E.g. the amount of "freed" taxes there may be less than the new GST taxes we pay for other things. Overall, we save money with GST, right? If we save money, govt will be getting less taxes. I don't think that is what govt wants. Even with capturing taxes from people who are not paying or paying little taxes now, I still think majority of M'sians will be worse off with GST. Cheerio.
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plumberly
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Apr 18 2013, 11:59 AM
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QUOTE(SKY 1809 @ Apr 18 2013, 10:17 AM) 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. Closer to home is the impact of GE13 on the stock market. Further away are the Euro & USA crisis. Difficult to decide what to do now on the shares. A year or 2 ago, read something about Elliott wave predicting a MAJOR crash coming. When? Any time from now till 2016. What to do? Put $ in FD, buy some recession resilience stocks, etc I guess. http://www.elliottwave.com/freeupdates/arc...x#axzz2Qmf3FBtK
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