This isn't really the main motive for them to enter stake. There's a lot of reason for them to acquire stake in a company.

I believe Fed got no other choice but to cut rate.

Bush Govt got no choice but to move fast to come out with rescue package.

This post has been edited by SKY 1809: Jan 17 2008, 09:55 PM

im planning to buy airsasia.. any comments from pro??

Not sure about the future of the company. But recent involvement in speculating hedging is not a good move. A company can make tons of profit or bankrupt because of this derivative (options).

Other than this, the company got strong fundamental and clearly advantages in home country as there are no other no frill airliner.

air asia has too high gearing. The bought so many planes and ranked one of the top buyer of boeing planes.

*rubbing my eyes*

futures going up back to +50.00 !

I thought they're leasing the plane?

Net gearing (x) 1.17

,

Likely to be roller coaster cos investors sentiment and level of confidence.

---

Added on January 17, 2008, 10:52 pmNEW YORK (AP) -- Wall Street rose modestly in early trading Thursday, lifted by hopes the economy will dodge a recession through new rate cuts and government stimulus efforts.

Investors were optimistic with Federal Reserve Chairman Ben Bernanke headed for Capitol Hill to give his views of a possible stimulus package. Sen. Charles Schumer, D.-N.Y., has said the chairman supports a plan in general.

---

Added on January 17, 2008, 10:59 pmBernanke already has sent strong signals it could reduce rates for a fourth straight time, possibly by as much as half a percentage point
-------------------------------
Recession at US' doorstep- that is the main concern of investors all over world.

This post has been edited by SKY 1809: Jan 18 2008, 07:10 AM

Look like DJIA gonna repeat what happened on Tuesday night!! U can see the graph going down straight at 10am. Tomorrow can pick up cheaper share, HSI-c4 starting to gain attention. lowest 0.5, but close at 0.75, very strong rebound

LOL...

The whole market is a joke...
Guess what... I think they are anticipating Bernanke to cut rates today but it didnt came... thats why its free falling now...

Wait till Jan30 gentleman...

---

Added on January 18, 2008, 12:19 amhttp://www.cnbc.com/id/22708491/for/cnbc/

Malaysia-US Free Trade Agreement will be scrapped...
Kena kau kau by US about bumiputra priveledge...
TAK SUKA, YOU KELUAR!!!! We will hear this tomorrow I guess...

This post has been edited by kapitan: Jan 18 2008, 12:19 AM

Damn idiot Malaysia Gov.

Pray pray pray bro sekalian...

PRAY HARD ESPECIALLY TOMORROW IS PRAYER DAY... that today S%P will drop 2% and another 2% on Friday... then we will have a correction I think...

From my calculation, S&P on Jan2 closed at 1,447 and after minus 10%, will be at 130x. Lets pray... its already at 135x now...

Yup, I'm praying very very hard. Looking forward HK to plunge 1.4k tomorrow again.

I think there's a slim chance that China might be bidding for Rio Tinto.
They just walked out of a iron ore talk claiming pricing is getting ridiculous.

yeah...
and HSI-C1 drop to 20-30cents...hehe
Bush will propose stimulus package in Friday nite (tonite). Will it be DJ rebound tonite?

This post has been edited by dreams_achiever: Jan 18 2008, 07:18 AM

alivemch,

DJIA closed down 300+ points.. S&P down 40points..
Let HSI plunge 2000 points today..

Wish come true..

*alamak, my sis account again.. kapitan

Actually HSI-C1 has lost its attraction due to high premium. It should be at 36cents even with yesterday's closing. HSI-C1 perform best when at a premium of less than 10%.

This post has been edited by ivy87: Jan 18 2008, 07:24 AM

dun wet your pants!

2,159.21 Down 306.95 (2.46%)

highest drop for the starting of 2008!

It'll be another bloody day for today.

US really have a bloodied day...Asia will have blood flowing today as well..ai~~
Shopping time?

But it is also tempting for investors with big cash reserve to look out for quality stocks. Shall they buy slowly down ?