That's because the economic fundamentals are weak here in Malaysia. All these talk about removing fuel subsidies are a clear sign that Malaysia is severely hurt with it's current budget deficit.

The CI might further goes down when U.S releases the GDP numbers on 29th, and durable orders on 28th.

This post has been edited by AdamG1981: May 28 2008, 10:44 AM

so you pplan to take CFA level 1 next yr?

My colleague also taking exam this Jun. the total cost is about USD 1000 wor....

This division is not the major contributor to the whole group financial situation, just a tiny part of it.

tomorrow will be the "judgement day" for GENTING.

i'm queing RESORT , 2 lot @ 3.26!!! hope to get today

Yes, i already have my bachelors in business management and economics. Every year the CFA fee is increasing. The passing rate is an alarming 39% ONLY!


Update: Tenanga seen buying Genting's power assets; Sime Darby Q3 results and Malaysia's GDP releasing today.

This post has been edited by AdamG1981: May 28 2008, 10:57 AM

Yeah, but my colleague is from software programming background.....hope he will pass the exam.

He probably will, if he has good mathematical analytical skills. IF you look at the CFA Level III papers, its all contruction of hypothesis models (profit maximizing, risk management) So if he's very good in numbers, and analyzing the small details, there will be no problems for him.

Need Terminator to protect it.

Asiatic and Genting Highlands should contribute positively to the group.

But currently market concern about Malaysia economy due to petrol/diesel subsidy overhaul which might have large implication to the economy in general. We saw RM plunging quite heavily for the last few days.
AUD now Rm3.11, NZD RM 2.55.

Do you all notice volume is extremely thin today?

This post has been edited by cherroy: May 28 2008, 11:08 AM

Just made my account closure.. Looks very bad.. loss of 6k in 2 months.. paper loss around 4k... LBS and Time the biggest culprits.. Hmm... what else to do? Just turn blind for sometime..

cherroy you must be having kids studying in Australia and NZ

thin volume? haha, i dun even bother to login to my live stock quote!

the fish market looks very quiet. Hardly see ppl shopping for fishes.

If got kids studying in Aus or NZD, it will be , not

Genting now in coma due to heavy bleeding.

I dont have anymore old underwear to bet on genting

This post has been edited by dsugums: May 28 2008, 11:18 AM

Cheer up, you can always make the money back.

thanx for the comforting words, my friend... appreciate it very much.

kekeke then why are you clapping hands happily up there?

RM plunging...
is it a sympton that : good for foreigner that come to malaysia and spend RM?

cheer up ya, let's stay away a while and wait for the next market bull trend then we concur the market together-gather

i dun dare to look at it either
prepared for the worst.

Got park some temporary fund/FD into Forex FD since last year 1Q. Last few months also put some more into them.

I experience the pain seeing RM depreciated from USD2.50 to 4.10 during 1997-1998. So personally see the importance the diversification of FD. Also AUD and NZD yield 7-8% which is significantly higher than 3.7% of RM. In long run, it might mean a lot.
I don't see RM can be very strong currency either in the long run with gov deficit keep on growing, at least for current economy condition. Yes, it can appreciate against USD, but not against others major currency.

Just my personal preference/view.

This post has been edited by cherroy: May 28 2008, 11:28 AM

No, the RM is plunging due to the uncertainty of the economy. But many foreign funds will offload their malaysian equity investments for more lucrative market such as commodities and other emerging economies.