i think i miss "if" in the statement

btw, KFH (frm islamic country) will not hv prob deal wif msia gov with regard of equity aka 30% NEP..if not, they will not even bother to start negotiate for RHB....al rajhi bank (spelling) hv been given "upperhand" to open up branches compare to citibank, S&C n etc....due to islamic banking

gov is promoting msia as a hub for islamic banking...we may hv more investment frm these countries...... we may not able to attract other funds but defintely we hv upperhand in islamic based products..........

whether these fund frm middle east sufficient enuf to hv impact on the growth of economy is another Q..

i dun see NEP beings lifted in near future simply becoz majority of malay still needs tongkat n blood sucking who know ppl still addicted to it...

ts1,

<<btw, KFH (frm islamic country) will not hv prob deal wif msia gov with regard of equity aka 30% NEP..if not, they will not even bother to start negotiate for RHB....al rajhi bank (spelling) hv been given "upperhand" to open up branches compare to citibank, S&C n etc....due to islamic banking>>

To be precise, NEP is lifted for those investment from the Islamic countries.

So, you are correct in that NEP is NOT going to be TOTALLY lifted in the near future. But, Malaysia's hand is being force to lift NEP in order to attract FDI.

Don't worry. At this rate, 60% to 70% of Malaysia will be owned by foreigners. The same figure that we had at 1969. We are being colonailised again.

Dreamer

the facts is obvious, "majority" of malaysian prefers outsiders such as ppl frm middle easts to buy assets without many fuss while so calls malaysia citizen which hv been contributed to tax for overall msian growth are given a hardtime...

i still feels that we will b colonised but majority will be more comfortable wif ppl frm there n hv no idea how competitve these ppl when dealing wif biz...

I wish the majority best of luck.

<<i still feels that we will b colonised >>

There is no we here. The portion that they (foreigner) are buying never belong to the minority to begin with.

Dreamer

Guys,... let say I got 1 lot(100 shares) for MRCB, the price is good currently.
Do you think it's now the good time to sell it off?

Or... what is the best time(or best price) to sell it off?!


I mean you by which investment company?! Me in OSK188 one...
hmm mm, 10... if you buy 10 lots already 10k. Me only play RM 2 shares ones...


Not likely, because some players(who tested 1997), are still in the market. Thus, once taken the lesson, they would be more careful. Also, now you have not see any share suddenly increased from 1.00 till 11.00 within few days... or you have not see EVERYONE is talking about share yet. Thus, this telling us... now is still safe. And we are proceeding with cautious, ain't we?


Partly because of Pak Lah way of ruling does have some attraction. If you see how and what the government has done in the past few months. I think it(Malaysia) changing slowly.

But I dun like the way Singapore economists said. They claiming that their observation in Malaysia is like watching Singapore's condition 3 years ago. (It means, we are late at least 3 years behind Singapore in Share Market). And then, when Malaysia's currency increasing. They keep spreading rumours saying that BNM would try to stop it. The fact is, BNM saying that... there is no action to be taken at all and very happy with the current condition.

This post has been edited by edifgrto: Feb 14 2007, 11:25 AM

If i know, i won't be here di le.

edifgrto,

Actually, I believe what Singapore economists said. Our economy is suffering like what Singapore was 3 years ago. But, Singapore did something to get out of this. We have not done anything significant yet.

Why do you say you do not like what they are saying?? Do not get emotional. Either you believe them or you don't. And, you trade accordingly.

There is no fundamental economic driver in current Malaysia bull market. Tell me what is happening in Malaysia economy to deserve such an optimism?? I see none.

Dreamer

Let say you got this 1 lot MRCB(bought at 0.7x). What price would you sell it?


Morning dreamer101,

Something like,

-Foreigner can purchase house of over 250k without approval.
-In consideration of giving higher limit to foreign investors in GLC companies.
-The achievement of Genting getting more attention internationally
-Many companies are 'combining'?! (soli, me dun know the better word)
-The contract of government in related to citizen(like highway?) are not supposed to be confidential.

Above are some events that happening.


This post has been edited by edifgrto: Feb 14 2007, 11:45 AM

i wouldn't sell when its going upward, sell when its going down. Try understood the candlestick chart, it may help

yeah yeah!!! yesterday me also got read some about chart. it teaching me how to see the chart. And trying to predict when will increase or decrease... They named the way as "?? 战法"(strategy? name too long already... )

<-Foreigner can purchase house of over 250k without approval.>

So what?? They can do this in other countries with less red tape.

<-In consideration of giving higher limit to foreign investors in GLC companies. >

With little or no protection to minority share holders, why would they invest?

<-The achievement of Genting getting more attention internationally>

Genting invest in Singapore as opposed to Malaysia. What does that tell you?

<<-Many companies are 'combining'?! (soli, me dun know the better word)>>

Obviously, you heard that the minority share holder got screwed in the process because the companies was sold/merged at low price. More disincentive to invest.

<-The contract of government in related to citizen(like highway?) are not supposed to be confidential. >>

Nothing concrete happened to stop it from recurring.

Dreamer

Well, this is to say,... those events might not good in your eyes only. Right?

Anyway, can recommend me any low price shares(below 2.00) for me to check or consider?!
Thank you very very much.

PS: not that Dlady or Nestle.

I am NOT GOOD at speculating. I am waiting for the stock market to crash and pick up some good dividend paying blue chip stock.

My rule is I do not invest on any company owned by GLC or GLIC. I was bitten by the UEM affair in 97/98. So, never again.

Dreamer

expected currency appreciation against the USD also part of the reason. Even tho its only 5-10% appreciation, it makes alot of difference for a huge investment fund.

Long time didn't come to this forum, cause busy with project...

The KLCI now already 1240...just 60 points going to 1300...which I think is a optimum point, where market will go down and adjust itself...it's not normal that it goes up too fast...

u mean i buy the share through what security company arr??or remiser arr??
i still dont get it hehehe
i ask my sis to buy 1,my sis oso play share so i ask her to buy for me also lol

Currently, big heavy weight like Maybank, TNB, MISC, etc those heavy weighted index one is a bit run out of steam, volume is decreasing also.

The lastest run is fueled by a lot of 'hot' money that look for double gain i.e gain from stock market as well as exchange rate due to ringgit appreciation. Until Ringgit shows sign of weakness or any unforseen circumstances happening, the market should be able to hold above 1200 level. It much depends on the 'hot' money movement currently.

wow
great run by MRCB
still holiding it difgrto

http://www.elitetrader.com/tr/index.cfm?s=17

^^,... then can help me to ask her what shares to buy?!
Any tips(lower than 2.00)?!

Dun worry, me won't anyhow buy,... just looking for some potential ones.


Being keeping it for so long man!
Sold all at 2.09... ^^v


edited:

Wanna know opinions what would happen to Puncak?!
Let say now, I got 1 lot(100 shares) of Puncak. I saw many many people buying 1 lot there. Because of the events of

1 share for 1 bonus share.
Then,
capital repayment of 0.65 for each one(1) ordinary share.

This is really a good deal!!! And as at now, it's being suspended.

Question is,... what would happen to this Puncak, once the trading is reopen later? Would it like Kuchai?! Many people keep selling it down-down. Then goreng it high-high like sky in the space?

This post has been edited by edifgrto: Feb 15 2007, 06:51 PM