Hey different lah, Unisem got share split (having said that after adjusted for share split, it still way below its 22 high)while MRCB didn't (no or peanut dividend also). Also Unisem reached 22 when dotcom bubble during 1999-2000 which almost every dotcom stock was trading at insane PE value 30x,50x etc 70x.

That's why one needs to assess when market or individual stock is too high to sustain itself. If bought too expensive, one will be trapped for long long time, not to mention the interest loss on FD (if put the money into FD rather than buying stocks). That's why I said this is KLCI bull but not entire market bull as a lot of people still being 'trapped'.
In a real super bull, almost everyone is making money, not sectorial type.

This post has been edited by cherroy: Jan 11 2008, 02:10 PM

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My advise...quit if have make enough...not advisable to grap some more....many force selling end today or monday morning....wait & see..

Actually if look outside, KOSPI, Nikkei, HS etc, others bourses are having some hard time now.

my opinion is hold a bit more

market dropping like a bomb!!

I believe some profit-taking is good, then investors can reinvest to greater heights.

LOL...
Cos my mom already take as her 20K all lost le... so basically she just left it as it is. Seeing MRCB price now, at least got something back lor.

MRCB is highly political type of stock which sometimes not suit to long term investment, it is more appropriate for short term speculation based on theme play

Wow... Sinopec and PetroChina both lose heavily these 2 days...
Looks like China price fixing energy really takes its toll on both...

Whats strange is that both days they down, CNOOC thrive...

cnooc venturing into gas tat y goin up
financial play also in today if u check mostly bank counter up

Tide change due to massive profit taking.

CNOOC is mainly upstream crude oil, while SINOPEC and PETROCHINA are downstream refiners. China is fixing the price of products from the refiners while upstream crude oil is still climbing according to market, so SINOPEC and PETROCHINA stand to lose more unless China increase the price of petrol again.

I think it will maintain somewhere around 1500-1550.
I think Gov will continue to support KLCI so that it wont drop below 1500.
Keeping voter happy so that we will continue to vote for them again...

There is another news/rumour that Merrill Lynch will suffer a 'fresh' writedown total of 15billion, that's why regional and DJ futures are plunging.

Not fresh at all...

Initially Wall Street expect Citi to write down 11billion and Merrill 7billion.
But now they said it might be more than expected cos new CEO want to get rid of all the writedown and start fresh this year.
Thus Goldman raise Citi writedown to 18billion from 11billion and now Merrill got dragged into the same thing.
Not surprising but what surprise me is that BOA buying CountryWide seem like a good news to investor cos they thought it must have reach bottom if it attract BOA interest. Too optimistic again IMO...

Anybody is interested with KEY ASIC BERHAD (KEY ASIC) IPO?

Company Name : KEY ASIC BERHAD
Stock Name : N/A
Date Announced : 11/01/2008


Subject : PUBLIC ISSUE OF 202,000,000 NEW ORDINARY SHARES OF RM0.10 EACH ("ISSUE SHARES") COMPRISING:

- 10,000,000 ISSUE SHARES AVAILABLE FOR APPLICATION BY THE MALAYSIAN PUBLIC AT THE RETAIL PRICE OF RM0.40 PER SHARE, PAYABLE IN FULL ON APPLICATION;
- 16,500,000 ISSUE SHARES AVAILABLE FOR APPLICATION BY OUR ELIGIBLE DIRECTORS, EMPLOYEES AND BUSINESS ASSOCIATES AT THE RETAIL PRICE OF RM0.40 PER SHARE, PAYABLE IN FULL ON APPLICATION; AND
- 175,500,000 ISSUE SHARES AVAILABLE BY WAY OF PRIVATE PLACEMENT TO INSTITUTIONAL INVESTORS AND SELECTED INVESTORS AT THE INSTITUTIONAL PRICE TO BE DETERMINED BY WAY OF BOOKBUILDING, PAYABLE IN FULL UPON ALLOCATION

IN CONJUNCTION WITH OUR LISTING ON THE MESDAQ MARKET OF BURSA MALAYSIA SECURITIES BERHAD

THE RETAIL PRICE WILL BE SUBJECT TO A REFUND IN THE EVENT THAT THE FINAL RETAIL PRICE IS LESS THAN RM0.40 PER SHARE. THE FINAL RETAIL PRICE WILL EQUAL THE INSTITUTIONAL PRICE


NOT interested on it...I only prefer Main Board IPO. Thanks....Some more technologies very high risk.

panasonic88, sooner or later, will be foreign CW. Most probably after GE

err what do you mean?

I mean, ppl take turn to goreng stock of different sector, sooner or later will come to foreign CW.