red sea all the way now...

nowadays dow futures will only be able to predict the opening of Dow.. other than that, all will be depending on impending news... even last hour can make a 500 points rally or crash 500 points.

Foreign selling seem to be stopped for time being. KNM reported good result yesterday.

Resorts: one day hero, other day fallen hero! hahahaha

Yesterday was a performer, today gave back more than what it gained.

4715 RESORTS RESORTS WORLD BHD
PROPOSED ACQUISITIONS

RESORTS WORLD BHD (“RESORTS WORLD”)

PROPOSED ACQUISITIONS BY RESORTS WORLD LIMITED, AN INDIRECT WHOLLY-OWNED
SUBSIDIARY OF RESORTS WORLD, OF THE ENTIRE ISSUED AND PAID-UP SHARE CAPITAL OF
BROMET LIMITED AND DIGITAL TREE (USA), INC. FOR A TOTAL CASH CONSIDERATION OF
UNITED STATES DOLLAR 69.0 MILLION
On behalf of Resorts World’s Board of Directors, we are pleased to announce
that Resorts World Limited (“RWL”), an indirect wholly-owned subsidiary of
Resorts World, has today entered into a sale and purchase agreement with KH
Digital Limited (“KHD”) in relation to the proposed acquisitions by RWL from
KHD of the entire issued and paid-up share capital of Bromet Limited and
Digital Tree (USA), Inc. for a total cash consideration of USD69.0 million.

Please refer to the attachment for the full announcement.


Heard that this deal is an useless one.. Investors are scared that the 69million investment is on a worthless company..

doesnt look good at all... better stay sidelines...

I have jumped in at 2.41.. hope it will rebound later...

yeah.. i spoke to my remisier, he gave me confidence, he said sure will fly back to 2.50 level soon..

so, i decided to take the risk..

hope he isnt doing that to me...

Those can be a manipulation.. U know when people like us buy, we take 50 or 100, but when the sharks sell, they bomb it nicely... so that couldnt be used as a barometer..

Adam, whats up for Dow this week? Will there be another drop tonite? any data or happenings tonite?

Hope that market will comeback in the afternoon. it looks so..

OSK fellas are bunch of jokers... i will become a monk if mart goes back to 1020 by 31st december 2008.. hahahaha....

what a way to bet juz like our other fren the other day

if they have said by end of 2009, its even worse! i dont think mart will ever go beyond 950 also then.. usually this type of analysis, they will predict very high for a time frame of 1 year..



This post has been edited by verbatim: Dec 2 2008, 02:27 PM

should be a good news for KNM share price.. lets see what happens..

market shud recover from here.. what is happening now!!

brother adam, u mean we will go down so much frm here?

Resorts inching up.. hope the momentum wont last.. i wana buy more..

Come down somemore Resorts.. I am waiting.... come to me...

I am waiting at below 2.22.. maybe 2.20-2.21.. i am gonna average down. bought some at 2.41.

i hold KNM too.. bought at 56.5 leh..