Any good communication company in US? Like AXIATA in malaysia.

AIG downgraded to underperform at Credit Suisse

LONDON (MarketWatch) -- Credit Suisse downgraded American International Group /quotes/comstock/13*!aig/quotes/nls/aig  (AIG  36.42, -3.63, -9.07%) to underperform from neutral and slashed its price target to $15 from $30. The broker said a near-term monetization of the group's core businesses would leave "little to no value" for common equity holders. Credit Suisse added that it therefore believes new CEO Bob Benmosche's comments on slowing down asset sales are prudent, but that a two to three year monetization period through sales and IPOs likely still wouldn't produce meaningful value for equity holders.

Sold!  ERX 36 @ 500 .. $1.10 profits. 
I'll wait for another pull back before trying again.

Oh by the way, I've also unloaded 3000 shares of C @ 4.95 this morning. 
I'll wait for a pullback below 4.50 to play again.

The MM doesn't want C to go above $5. Anywhere near it.. we're seeing massive selling.

Natural gas prices likely to stay low, if weather cooperates

The good news is your wallet may not take the hit it did last year.

Maybe.

The price of heating a home with natural gas is expected to be half what you paid last year — that is, if the hurricanes don't disrupt fuel supplies to Kansas or snow and ice storms don't blanket the state later this year.

"The market price can change, it all depends on the weather," said Dave Springe, consumer counsel for the Citizens' Utility Ratepayer Board in Topeka, a state agency charged with representing consumers in utility cases. "But generally, the news is good. What we are seeing right now is that natural gas prices are at all-time lows."

Average household savings of $200 to $300 for the winter are possible.

In this economy, this is good news for consumers, said Al Walker, a spokesman for Kansas Gas Service, a utility company that provides service to 642,000 customers in 343 Kansas communities.

The utility, which adjusts its cost of gas charge monthly, now charges $5.19 for 1,000 cubic feet of gas, compared with $10.47 a year ago.

For rural homeowners, propane prices also are significantly lower than last year at this time. Last year, consumers paid well over $2 a gallon for propane.

Propane is selling between $1.20 to $1.60 per gallon, said Greg Noll, executive vice president for the Propane Marketers Association of Kansas.

"They are significantly lower," he said.

Prices began to fall last winter, but the decline came after much of the gas for the season had been purchased by the utility companies.

For this winter, utility companies have been able to purchase more gas at lower prices and have been able to put more into storage.

Even so, Walker said, it's important that consumers not let their guard down.

"One of the things we want people to continue to be is energy-conscious — by caulking and weather-stripping," Walker said. "We want them to do all the things they traditionally do when the cost was much higher."

The savings are dependent on the weather, said Curt Floerchinger, spokesman for Black Hills Energy, which purchased Aquila and has about 108,500 customers in Kansas.

Some forecasters predict El Nino may cause the Kansas winter to be warmer than normal. On the other hand, the Farmer's Almanac is predicting a colder than normal winter for the Midwest.

"I guarantee you it will be one or the other," Floerchinger said. "Either one will affect the prices. If it is warmer, the prices will keep falling."

This summer's drop mainly reflect the collapse in the wholesale gas prices. The Henry Hub price, a widely followed wholesale gas price, was $13.31 per 1,000 cubic feet in July 2008. On Friday, it closed at $1.83. Gas prices haven't been that low since November 2001.

The recession has curbed demand for natural gas, especially among industrial customers. A cooler summer this year had electric utilities using less natural gas to generate power.

Overall demand for natural gas is expected to decline by 2.6 percent, according to the Energy Information Administration, which is part of the Department of Energy.

Meanwhile, gas production stayed up. The recovery of natural gas in shale rock formations, once impossible in large quantities, has helped boost supplies.

That along with decreased demand has put gas inventories at record levels for this time of year, and they are expected to be at a record high when winter arrives.

Industry experts say they don't expect the low prices to stay low for more than this coming winter.

"We may get a break this year," Springe said, "but this isn't a long-term solution. We can expect higher utility gas rates. We can't take our eye off the ball. We still have to use less energy."

There's a long list of high-profile stocks--particularly financial names like AIG  ( AIG -  news  -  people ), Fannie Mae  ( FNM -  news  -  people ) and Freddie Mac  ( FRE -  news  -  people )--that people missed the boat on, but compounding that mistake can make things even worse. "Just because you missed buying Citigroup  ( C -  news  -  people ) at a buck a share doesn't mean you can't still have upside getting in at $5 a share," Ross offers as one example.

I have only Rm10k, what are the stocks i can go for? I don't mind holding as long as it grows. My maximum holding would be 2 years.

Any suggestion?

I've to bail out from ERY pre-market at small loss.   
Natural Gas (Energy) rally again..

ERX got back to the year high at 39.. most likely going to see 40 by next week.

Oh gosh.. not sure how high energy prices can go.. this is crazy.

Gotta wait this out.

NEW YORK (MarketWatch) -- Natural gas surged more than 8% on Thursday, after the U.S. Energy Information Administration reported a smaller rise in inventories than the market expected. Natural gas for October delivery was recently up 8.3% at $3.07 per million British thermal units. It was down more than 2% before the inventories data. The EIA said inventories rose 69 billion cubic feet in the latest week. Analysts surveyed by Platts had projected an addition of between 75 billion and 79 billion cubic feet. Ahead of the report, Roger Read, an analyst at Natixis Bleichroeder, reiterated his forecasts for natural gas prices will recover to average $6.50 per million BTUs in 2010.

look at MGM, VG, LVS.

KLSE is boring since the introduction of FMB30. Previously is much better.

I think C is the biggest bank in the world.
But how come it can be nearly bankrupt?

gaga.

C down to 438. Maybe just inpatient to buy earlier.
Accumulate 1,000 @ 4.55 average.

Citigroup to declare Third Quarter 2009 Earnings on October 15, 2009

New York – Citigroup (NYSE:C) will issue its third quarter 2009 results via press release at approximately 8:00 AM (EDT) on October 15, 2009. Results will be reviewed via live webcast and teleconference at 11:00 AM (EDT).

The press release, webcast and presentation materials will be available at http://www.citigroup.com/citi/fin. A replay of the webcast will be available at http://www.citigroup.com/citi/fin/pres.htm.

To dial-in to the live teleconference, please call (877) 700-4194 (for U.S. and Canada callers) or (706) 679-8401 (for international callers). Conference code: 28581886. Telephone lines will open at 10:45 AM (EDT).

Source: Equity Bulls