anyone got idea about why gpacket is suspended today ? I key in the order and got rejected and phone my remisier and was told that it was under suspended with unknown reason .....

gpacket siao ler , i saw it from 2.7 drop till 2.6 then till 2.58 ..... scare me a lot, i was planning to enter at 2.75 this morning , luckily they suspend counter ....

maybe foreign investers just wake up and saw the mahatir quit umno news ....

i still think the support level will be 1280 , at least for today

KUALA LUMPUR: RHB Capital Bhd’s net profit for the first quarter ended March 31 rose 52% to RM222.4mil from RM146.3mil a year ago, underpinned by higher net interest income and interest savings from its capital management exercises.

Announcing the impressive results Tuesday, RHB Capital said profit after irredeemable non-cumulative convertible preference shares (INCPS) dividends and before taxation was RM309.9mil, up 13% from RM273.5mil a year ago.

RHB Capital said the better performance was due to higher net interest income, with loans and advances growing by 2% to RM58bil.

“Interest savings arising from the group’s capital management exercises which were completed in January this year and the refinancing of the INCPS which was previously accounted for separately have contributed positive to the improvement in performance,” it said.

As at March 31, net non-performing loan ratio improved further to 3.23% from 3.43% as at Dec 31 last year. The group’s loan loss coverage improved to 74.7% from 71.4% as at Dec 31.


guess this will help rhb in climbing tomorrow

Just read the hle briefing, they said 1280 is no more a support level but 1260 . A bearish market is expected in short term ...

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Added on May 21, 2008, 9:28 am

This post has been edited by chen9wei: May 21 2008, 09:28 AM

Joining the Tm boat at 3.28 ...... plan for contra.

haiz, my tm boat sinking .....