Sorry for you.. But this is the reason why i cleared my portfolio to 0 two weeks ago.. Mart gonna be bumpy. US market is making it worse. The problem is people know that BN wil not retain the same victory they attained in 2004. it could be really worse like 1999. There are talks of Terengganu and Kedah falling into opposiion hands. Indians' votes are split and biased to opposition. That gonna be another factor at those seats which was won with slim margin in the last GE. So, many funds be it local or foreign are not risking their $$$.

This post has been edited by verbatim: Mar 3 2008, 10:54 AM

My fear has come true.. I have decided to zero my position two weeks ago amid of the polls result which I forsee will affect our market badly. I thought BN will lose many seats but not till losing 2/3 in parliament and lose control of 4 states and of course fail to get kelantan.. I may start shopping towards the end of the week... I have friends who bought in last week... They said 'I am gambling'. Sigh... I wished them luck.

There is no parliament as of now.. The PM just met King and told him that he will be forming cabinet.. Thats all.. Cabinet formation.. tmrw or next few days.. but Abdullah in for a real headache now!! dont knw who to appoint and how to with the heavyweights.. Senatorship for party leaders who have lost???

EQUINE CAPITAL TOO

TRADING HALTED!!! is this the first time????

DONT TELL ME ITS PM!!!

I dont believe this... impossible for that to happen!!!!!

Any chance of at least a 20 points rebound tomoro morning??

Timecom??

Time DotCom (TdC) has obtained the Malaysian Communications and Multimedia Commission's approval for the transfer of its 3G spectrum to DiGi.Com. Under a proposed tie-up between the companies announced last November, TdC would receive 27.5 mln new DiGi shares in return for the coveted 3G spectrum. DiGi would have to issue an irrevocable bank guarantee of RM50 mln for the balance duration of the spectrum assignment period until April 2018. In the meantime, DiGi said it had been given an extension of time by the Minister of Energy, Water and Communications of up to June 30, 2008 to comply with the equity condition of its licences. The extension of time also applied to the deadline for its controlling shareholder, Telenor Asia Pte Ltd to reduce its stake in DiGi to 49%.

Anyone can tell me the extend of margin call effects to our market due to the huge drop yesterday??

when will the effects will be seen???

This post has been edited by verbatim: Mar 11 2008, 09:19 AM

Nothing to be regret of... Margin call may dampen the sentiment soon... Apparently, if the people who have pledged shares as collateral for margin dont top up their account, their shares will be sold at any market price.. This is due to the crash yesterday. Doesnt sound good...

I dont advise anyone to enter now. My advise will 'sell into strength'

Perhaps i am being very pessimistic.. thats because the crash yesterday may have left many people burnt. Broader market is still uncertain of whats next. The companies which was given federal govt contracts in states now controlled by Opposition, will come under pressure and slide down further if certain projects gets 'no go' by the new state govt. this includes Equine (PGCC project in Penang), KPS (selangor) and KHSB. At the same time, GLCs also will remain unstable because of the uncertainties. Our PM is also uncertain on who should the Cabinet post. These all are politically not stable and definitely not good for market. I can describe PM and his team to soldiers who have lost a big war with only few survivors.. PM being the General of the battalion now having headache on who to put in which portfolios.. Remembe, when a minister changes, the ministry's policies change.. So, this is not good for GLCs..

US market is still hitting us.. they sneeze we catch cold.. looks like no bottom there yet.

well said... i gave my views and my decision on market. there werent a single time where we have all optimistic or all pessimistic in the market. so, i am being pessimistic today with many optimist around me.. tomoro will be different story altogether..

PB Bank is a better choice.. Maybank's performance is remains to be seen as the Amirsham has retired from the company. Maybank is a GLC also.. unlike PB Bank is a strong company that doesnt need 'help' like Maybank

Anyone agree...???

Selling pressure emerging... Fasten ur seat belts for those who have bought in...

This post has been edited by verbatim: Mar 11 2008, 11:43 AM

in other words... Margin Call... expect more to come...

aiseyman... PBB-O1 will go up more and more if foreign funds come in and vice versa..... Just hold onto it la.. even the local investors can buy PBB-O1.. so its still a safe investment...

Wall Street Up like mad... Kudos to whoever bought in yesterday.. i didnt buy any... But its still sell on strength caution

If we were to instil sense of multi-racialism and unity, this is the best thing to do.. KUDOS to Guan Eng...