QUOTE(gark @ Nov 25 2014, 05:24 PM)
Welcome back Sifu Gark!Traders Kopitiam! V6
Traders Kopitiam! V6
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Nov 25 2014, 06:32 PM
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#1
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4,761 posts Joined: Jun 2007 From: My house |
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Dec 12 2014, 11:43 AM
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#2
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Still cannot understand why EPF is so eager to have a vote in the CIMB-MSBS-RHB merger, facing some resistance from KLSE.
Is EPF against the merger or is this one smart way of getting the rule in their favour for future use? CIMB is under Ah Jib's brother and I assume what the 2 brothers do will be in mutual agreement. Why then is EPF so eager to have a say in this merger, as if it is going to oppose it? Or is EPF having a different vision than Ah Jib and brother? Maybe I am seeing this from the wrong peek hole? Thanks. |
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Dec 12 2014, 11:54 AM
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#3
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QUOTE(holybo @ Dec 12 2014, 11:47 AM) imo, they afraid Aabar vote no as now they are the major voice now. Aabar is looking for higher value QUOTE(gark @ Dec 12 2014, 11:47 AM) Huh? EPF is eager to have a vote to ENSURE the merger goes through. EPF is the major shareholder of 2 companies a majority shareholder of one company. Noted and thanks.It wants to consolidate it's holding into one mega bank. Market is having resistance because once the bank consolidated, all 3 bank will likely delist from bursa and will probably plan to relist with a better value added later. problem is as a retailer can you afford to wait so long after the delisting for it to relist again? Yes, I have been using the wrong peek hole! Ha. |
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Dec 12 2014, 08:08 PM
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#4
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Dec 15 2014, 04:21 PM
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#5
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QUOTE(hehe86 @ Dec 15 2014, 10:56 AM) Found this in USA stocks discussion. Just to share it over here in case anyone might be interested in it. Thanks. Interesting.Basically something bout someone who quite accurate in predicting the cycles (spring,autumn,winter,summer) and now there are signs that we're at autumn (which in turns means the worse is not over yet) If i interpreted wrongly, please do feel free to correct me AA Mentioned about winter. But that depends on which hemisphere one is referring to. I assume world economic is dominated by the northern hemisphere. BB Mentioned "rising interest rate" results in "deflation". I thought it should be inflation as the higher rate will result in higher business cost and thus higher prices. But with time, the prices will be too high resulting in declining business and later business closure. And thus comes deflation? CC Scary to hear about the : * economic Perfect Storm comparison. * similarity of the 3 countries (UK, Germany & France) in 1914 and the 3 countries (US, China & Japan) in 2014. Thanks for sharing. Cheerio. |
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Dec 15 2014, 09:42 PM
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#6
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What is the next KLCI strong support?
1627? |
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Dec 16 2014, 10:46 AM
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#7
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Dec 16 2014, 02:16 PM
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#8
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QUOTE(gark @ Dec 16 2014, 10:48 AM) I am more 'man' to buy at index of 1200 than at index of 1800. I am hoping for 300 like in the 1997/98. But don't think that will happen again. Seeing all those overvalued stocks is scary to me... now it is free range buffet.. 800 is good enough for me. Then I will be a very brave man! Ha. |
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Dec 16 2014, 08:00 PM
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#9
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Jan 16 2015, 10:43 AM
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#10
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Heard on the radio about copper price being a leading economy indicator and thus looked up on the web to find out more.
A recent divergence between stock economy and copper price. That may be due to QE, artificially jacking up the stock market. Past 2 years negative trend - something bad is already building up behind the QE cover? Cheerio. This post has been edited by plumberly: Jan 16 2015, 10:47 AM |
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