The power operations asset is highly supported by the government since the government subsidizes gas and oil. Upon the speculation that the government might cut subsidies some or even completely, Genting is most likely to sell to obtain a premium (assuming that happens) now rather than wait. And yes, this will give them liquid cash in its balance sheet for further acquistion or expansion or dividends?

Buy when people fear...

But need to conquer own fear first

It is suicide mission for me

Well said.

Public Bank profit in Vietnam soars


VIENTIANE: Public Bank Bhd recorded a net profit of US$3mil for the financial year just ended, a 67% increase from the previous year's US$1.8 million.

Country head Zulkiflee Abdullah attributed the better performance to the fast growing economy of Laos which registered an annual average income per capita growth of 7.6%.

�In the last five years we have registered a growth in profit of between 60% and 80% yearly,� he told Bernama yesterday. � Bernama

Genting a GoGoGo ... at least for now

Looks like a trap. Yesterday the sell que was so heavy, now so light

Maybe 1Q result not as bad as expected?

MAGNUM completed its privatisation, yesterday was the last trading day. closed at 3.42. it will be delisted from KLSE.

say goodbye to a good company. sigh.

Hmmm... I hold some stock in that counter, do they sent me cheque directly or do I need to call my remiser?

i'd like to know how it works too.

maybe they will give you a voucher to buy nombor ekor

if you have RM1000 value share and they give you RM2000 value voucher, then ok what..

Market looks like to close near red. Any takers?? I use my old stokin busuk this time since i have no more old underwear

Dow futures still red

This post has been edited by dsugums: May 29 2008, 12:44 PM

Don't think so, if it is, then we would see heavy buying leading to today's earnings report.

yah, today mostly are small fish buying, no big lots yet

no rush to buy GENTING

wait for the big players to come into the picture first

Pana, u holding some magnum also?

i used to have MAGNUM, sold jor.

I bet my slipper that KLSE CI will end postive.

Any takers?

The bet is on. I lose, I give you my stokin busuk. I win, I take ur slipper