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 how much is your capital?, 1st time start and now ..

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eric.tangps
post Apr 3 2008, 12:07 AM

On my way
****
Junior Member
640 posts

Joined: Apr 2007
From: X-Mansion, Penang


Start off late with RM2,800 buying into Magnum and now.. sighs !!! Gonna lose it soon with privatisation.
eric.tangps
post Apr 4 2008, 11:32 PM

On my way
****
Junior Member
640 posts

Joined: Apr 2007
From: X-Mansion, Penang


Current political climate, should avoid taking up GLC shares or GLC related shares.

Who knows what is going to happen in future... Maybe should avoid GLC at all costs in whatever situation since it is always labelled as non-competitive.
eric.tangps
post Apr 8 2008, 09:03 PM

On my way
****
Junior Member
640 posts

Joined: Apr 2007
From: X-Mansion, Penang


MBB is GLC. Same goes with PLUS, CIMB, RHB..

Basically GLC companies create inefficiency which will affect the bottom-line.

As for today political climate, uncertainty over where the Government is heading will ultimately lead to uncertainty in GLC companies. For eg. S'gor and the water concession, Penang and PGCC.

 

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