what news in HK ??????????

tonight USA got housing report. Beware

KLCI wan GREEN GREEN

bo no face .........

exciting 20 mins...........

today my 9 hk cw all GREEN

hope to continue. anyway still far to recover my losses.............

Stocks poised to bounce back
Futures gain strength after bargain hunters lead Asian stocks higher, HP posts strong quarterly results.




LONDON (CNNMoney.com) -- U.S. stock futures rose Tuesday as investors eyed gains in overseas stocks and upbeat results from HP ahead of the release of the minutes from the Federal Reserve's last meeting.

Stocks in Asia mounted a sharp turnaround to finish the session higher. The rally helped lift European markets in the early going and could give Wall Street a boost at the open.

Tech stocks are likely to lead the advance, helped by HP (Charts, Fortune 500), which reported a surge in quarterly profit after the market close Monday.

In the broader market, U.S. investors are anxiously awaiting the minutes from the Fed's Oct. 31 meeting, due out at 2 p.m. ET.

Before that report comes out, they'll take in readings on October housing starts and building permits.

Stocks to watch Tuesday include Target (Charts, Fortune 500), Freddie Mac (Charts, Fortune 500), Tyson (Charts, Fortune 500) and Medtronic (Charts, Fortune 500).

if u buy now, u also entitled the dividend ???????

like that we buy before it and receive the dividend and we cabut and sell the share , can ??????????


i got new on Snergy Drive

Synergy Drive reference price set at RM 8.90 per share, based on market capitalisation of 8 participating companies..........

because of this new la, kacau betul



Freddie Has 3rd-Quarter Loss, Seeks to Raise Capital (Update2)



Nov. 20 (Bloomberg) -- Freddie Mac, the second-biggest buyer of U.S. mortgages, posted its largest-ever quarterly loss and said it may cut its dividend and raise capital to weather ``significant deterioration'' in the housing market. The shares fell.

The $2.02 billion third-quarter loss included $1.2 billion of provisions for credit expenses and a $3.6 billion reduction in the value of assets, the McLean, Virginia-based company said in a statement today. Freddie Mac hired Goldman Sachs Group Inc. and Lehman Brothers Holdings Inc. to advise it on capital options.

A slump in the value of mortgages reduced core capital to $600 million more than its regulatory requirements, prompting Freddie Mac to seek more money. Fannie Mae, the largest buyer of mortgages, reported on Nov. 9 its loss more than doubled and said home prices will keep falling. Concern that the companies' credit expenses will rise further sent the stocks tumbling in the past four trading days to the lowest in a decade.

``Nothing is going to improve until after the first half,'' said Stuart Plesser, a Standard & Poor's equity analyst in New York. Freddie Mac's ``charge off levels are going to be going up.''

The third-quarter net loss almost tripled to $2.02 billion, or $3.29 a share, from $715 million, or $1.17 a share, a year ago.

Credit Suisse Group's Moshe Orenbuch yesterday cut his price estimate on the stock by 34 percent to $45 and said he expected a $1.65 a share loss. Analysts overall predicted a loss of less than 1 cent a share, according to the average estimate of nine analysts surveyed by Bloomberg.

Loan Losses

Freddie Mac fell $2.62, or 7 percent, to $34.88 in early New York Stock Exchange trading, extending a drop that saw the stock decline 16 percent in four trading days as concern over credit losses grew. Fannie Mae dropped 6.1 percent. The shares had fallen 24 percent since Nov. 13 after Fortune magazine reported the Washington-based company changed its accounting for credit losses, potentially understating the extent of the damage.

Fannie Mae and Freddie Mac own or guarantee about 40 percent of the $11.5 trillion U.S. home loan market. Congress created the companies to increase mortgage financing by buying loans from lenders. They profit by holding mortgages and mortgage bonds as investments and by charging a fee to guarantee and package loans as securities. They see losses when defaults rise.

Foreclosure filings doubled to 223,538 in September from a year earlier as subprime borrowers struggled to make payments on adjustable-rate mortgages, RealtyTrac Inc. said last month.

Home prices in 20 U.S. metropolitan areas dropped 4.4 percent in the 12 months that ended August, an eighth consecutive decline and the most in at least six years, according to the latest S&P/Case-Shiller home-price index, also released in October.

Fannie Mae Earnings

Banks and securities firms worldwide have already reported about $50 billion in losses from subprime mortgages, loans given to borrowers with weak credit that have been defaulting at a record pace. The total damage may reach $400 billion, Deutsche Bank analysts said last week.

Fannie Mae's third-quarter net loss more than doubled to $1.39 billion because of mortgage delinquencies. The loss was caused by a $2.24 billion decline in the value of derivative contracts and $1.2 billion in credit losses among the $2.7 trillion of mortgage assets Fannie Mae owns or guarantees.

Fannie Mae Chief Executive Officer Daniel Mudd said the housing market the average price of homes may fall as much as 4 percent in 2008, causing Fannie Mae's loan loss ratio to potentially more than double to 10 basis points. Fortune magazine on Nov. 13 reported that the company's credit losses may be higher than they appear, causing the stock to tumble.

Capital Requirements

Freddie Mac on Aug. 30 reported that its second-quarter profit fell 45 percent as it set aside $320 million for credit losses. Chief Financial Officer Anthony Piszel at the time predicted the drag on profits from defaults would rise in 2008.

The company's capital in excess of its current minimum regulatory requirement fell by $1.2 billion from June 30 to $600 million on Sept. 30. Freddie Mac's required capital level is 30 percent larger than what would typically be required as the company recovers from accounting mistakes revealed in 2003.

February Filing

The announcement today is the third regular quarterly release in five years. The company stopped providing earnings after disclosing in 2003 that it understated two years of results by $5 billion.

Freddie Mac plans in February to file results for all of 2007. Since revelations of the accounting errors, the Office of Federal Housing Enterprise Oversight has required the company to curb growth, set aside 30 percent more capital than usual and overhaul accounting, internal controls and governance.

Fannie Mae and Freddie Mac have been constrained from buying mortgages because of restrictions imposed last year. Ofheo in September loosened limits on the government-chartered companies' holdings, in an effort to ease a housing slump that's caused other mortgage investors to retreat.

Freddie Mac's portfolio of mortgages and related securities was $703.1 billion in October.

then proton kancil only costs RM 3,000

ohhhhhh sorry . proton savy

like that u must sit in front until next morning ........bcos 3.00 am 2moro got FED minutes

At 2 p.m. ET the Federal Reserve is set to release minutes from its meeting last month, which investors will read carefully for clues as to whether the central bank will continue to cut interest rates or leave them unchanged at its final meeting of the year Dec. 11

next morning.... 4 1/2 hours to go

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Added on November 20, 2007, 10:36 pmoooooooo, that why today rebound gao gao.......................me got brought

same as pana also.


This post has been edited by andy888: Nov 20 2007, 10:36 PM

up 110 points liooo hope tonight FED minutes report is good, then DJ ended the day up 300++++.......... 2moro we all HO SEI

This post has been edited by andy888: Nov 20 2007, 11:06 PM

today HK CW all RED RED RED

sian lio loh ini macam...........................

my hk cw masuk LONGKANG lioooooooooooooooo

This post has been edited by andy888: Nov 21 2007, 03:04 PM

no la. tsunami is coming........news from bloomberg

good luck...........

aiyo. u believe it ahhhhhhhhhh

cakap saja, me pun tau cakap......

i brought Petrochina-c1 - 100 lots(x1000)

December is typically the second best month of the year on Wall Street, according to the Stock Trader's Almanac, with the fourth quarter also the best of the year. The S&P 500 and the Dow industrials have seen an average gain of 1.7 percent during the month since 1950. For the Nasdaq, December has been the No. 3 best month since the tech average's inception in 1971.

This is explained in part by a couple of seasonal factors. Often, stocks struggle in September and October and start bouncing back in November. That advance continues on and off through at least January, with December often the peak.

The strength can be attributed to everything from good holiday cheer, to the impact of year-end dividends and bonuses, to the tendency of small cap stocks to finally join the fourth-quarter advance by around mid-December, according to the Almanac.

Then there's the "Santa Claus" rally, which encompasses the last five trading days of the year and the first two of the new year.

That rally occurs more regularly than the broader December rally, as was evidenced in a terrible 2002. A three-year bear market was coming to an end, but not soon enough to lift stocks in December, which turned out to be an unusually weak month. However, Wall Street managed to limp higher in that end of December to early January period. Santa Claus still showed.

any news in HK . suddenly rebound. maybe is a trap