Defaulted faster could means smaller issue or non-issue

But let it dragging become like a mountain, only then default, then it could threaten the economy and financial system entirely.
This was what happening for subprime mess.

Uncontrollable personal loan can be very similar version to subprime loan as well.

As personal loan is not something good to have.

Unlike housing loan, it gives people shelter as well as an asset that still can recoup the money paid.
But personal loan, a lot of time, ended up spending it away.

Not so good thing happens earlier is better than latter.

This post has been edited by cherroy: Jul 9 2013, 10:03 PM

daytrader cutting it today.. perhaps without all these burdens can go higher?

Personal loan is not as worrying as the house loan, though IMO, there should not be personal loan. Besides the personal loan amount that the poor people can get won't be that high. Even stretch through multiple decades, it is still not high compare to housing loan. Anyway, majority people go through NBFI is because their salary too low to get loan from official loan sharks.....in which now they will turn to big ear hole to do so - and this big ear hole will get loan from the banks to give loan to the poor. Eventually, this will lead to the same situation.

F&G index now at 43. Crossing neutral soon. No wonder so many bullish posts lately.

RM 1.00 only ka?

Long run sure more to come.
80 cents to rm1 is 25% gain already in short term is really good. Not even 2 weeks

Aiyo, uncle tulang still dint sleep ka? hahaha

True2, kenot be greedy

If you look at the bells in Panamy chart, last year dividends were 'special'.

The first one. Stock moved higher initially after the dividends were paid but soon after, it did the unthinkable. It made a huge correction.
Second one. Stock started marching to where it is today.

Think of the impact if one bought/sell on dividend news or if one bought/sell just for dividends only.

Oops.

This post has been edited by Boon3: Jul 10 2013, 08:08 AM

Sorry to step in la.
I think it's not nice that you say 'current share price is the biggest slap on their faces' la.
Not nice at all.

I easily searched via Google what you said exactly. (searched using your name and the phrase agm)

Google search result

You exact words:


Buy before the AGM and THROW AFTER AGM.

AGM for Nicorp and Harvest was on the 25th and 26th la.

Those that voiced against speculating on Raymond Chan's counters have their merits.
For example, after your 'agm' posting, Nicorp was trading at 15 sen fell to a low of 11.5 sen and Harvest which was trading at 32 sen fell to low of 29.5 sen and during this time, I don't believe you made any updates on why no 'hike up the price before the agm.'

The play yesterday was late. How could you claim credit especially since your advice was throw after AGM.
And after AGM, Raymond Chan was seen disposing lots of shares in Nicorp and he was also disposing some of his stake in Harvest.

Just pointing out what happened only.

Fuyoh... posting here is dangerous, history also dig up.

AAX listing day.............2.3b total share issued

let see the show

AAX has a market cap of 2.9 Billion?
AAX so valuable ah?

As I read the reseach paper............AAX still suffer loss......hope can turn profit after 2013

This morning woke up and check US stocks update and saw

maybe KLCI today +8.88

Today wednesday toto got drawing, lol

Look left and right... still dunno what to buy >.<

AAX only able open at IPO price..........not a good start

the market just opened.. saw AAX trading at 1.25... i am just wondering how would the shareholders wanna sell at the ipo price? end up still losing the brokerage fee...? or their shares is free one?

oops, can get AAX at ipo price