QUOTE(dsugums @ May 3 2008, 09:27 AM)
Why are these buggers paying so high price? They never learn from the Indon acquisition when shares drop to RM8. Now with more than 6 times book value, I suppose we can get Maybank at lelong price of RM7 on Tuesday

Added on May 3, 2008, 9:30 amPoliticians in Malaysia are only concern about their own well being. Rakyat comes last in their mind. The dont mind punishing the Rakyat by sabotaging the economy (by canceling development projects).
This is so-called Malaysia BOLEH. Everything is BOLEH even knew that whole acquisition will caused their company shares will drop.
I'm quite blur why Maybank want to acquire Pakistan bank??? Aren't they plan to strengthen themselves in South-East Asia region first?
But now totally contradicting themselves...

.
No wonder PBBANK shares price keep moving up from 9.35(10th March) - 11.40. geng. Coz Maybank is really pariah...
QUOTE(Mikiyo @ May 3 2008, 10:52 AM)
so you're entering maybank if it drops to 7? i thought maybank was overpriced? DJ ended red yesterday

what will happen on monday?

Ermm..i believe DJ ended in
GREEN, +48.20.
Eyes very blurred this morning? hahaha...
QUOTE(chen9wei @ May 3 2008, 08:14 PM)
Anyone have any idea whats the lowest price for IOI ? Will it continue to drop in short time due to lower palm oil prices ?
By looking into price chart of 6months range, IOI price lowest price is RM6.40.
I think it well supported at 200MA, at price of RM6.70. Resistance level will be at 100MA, RM7.40
But do set your cut-loss price if u decided to ride with the IOI boat. Anything can be happen if market is bad.
Note: Judge by your own. Buy at your own risk