Mar 25 2008, 04:40 PM
QUOTE(wheimeng @ Mar 25 2008, 03:53 PM)
well, according to analyst, US finance sector profit might downfall up to 30% with share might go south for almost 50% of the current value.
do you think it's good to invest in finance sector in malaysia? but based on the current price, a lot of the stocks are very expensive vs the economy outlook.
do you think investing in gambling industry would be a good? I've read sin chew and they've recommended DGATE which produces slot machines and other electronic machine for gambling industry, with taiwan and thailand considering casinos over there.
resort too..
what do you have to say about it?
Are you asking us if we think the counters like Dgate and Resorts would do well in times of US recession? As well as whether finance stocks in Malaysia is good when US finance sector is getting hit?do you think it's good to invest in finance sector in malaysia? but based on the current price, a lot of the stocks are very expensive vs the economy outlook.
do you think investing in gambling industry would be a good? I've read sin chew and they've recommended DGATE which produces slot machines and other electronic machine for gambling industry, with taiwan and thailand considering casinos over there.
resort too..
what do you have to say about it?
It would be nice if you would be more specific on what you want to know rather than asking a general question.
Since we are all learning as well, we always like to share information on what we read or what we think. it would be nice of you to let us know your thoughts as well so we either learn from it or pile on additional information when we think everyone should know.
For me Resorts seems like a good bet, don't know much about DGATE though.
Banks in Malaysia weren't exposed to what US banks were playing with so it's safe to say our banks are quite safe from collapsing from the sub-prime issue. But I do not know if most finance counters in Malaysia can withstand a US recession.
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