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 Stock Market V18, Stock Market Chit Chat

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aurora97
post Dec 5 2008, 10:05 AM

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QUOTE(stryfox @ Dec 5 2008, 09:58 AM)
TQ very much. any informal news? smile.gif
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News on the street is KK is over developed with tonnes of hosuing project going up (more liek goin bust), townships have exploded left right and centre but whether its fully occupied remains a question to be answered?

looking back at East My companies especially sbh I wont put too much hope (or even glance) at the track record at sbh based companies even though i'm from Sbh.. with the only exception Hap Seng Consolidated, a hand full of plantation companies (which also include hap seng)
aurora97
post Dec 5 2008, 10:10 AM

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QUOTE(danmooncake @ Dec 5 2008, 10:01 AM)
Nah..Opec too smart for that. They won't allow that to happen. They will continue to cut production until Oil goes back to $60~$70. It will happen soon.
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QUOTE(wirelessdude @ Dec 5 2008, 10:04 AM)
Most middle-eastern countries and Russia needs oil to trade at least $40/barrel  so that they can finance their committed expenditure in the country.
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in a time of so much uncertainty, i am not suprised at all if $ 20/barrel would be in sight... we r currently at $ 44..

i think oil production cuts (if not now) would risk a further deterioration of oil prices and continued strenghtening of the dollar against other major currencies will continue to hurt the global economy even further.

not to mention the ECB r goin to announce another interest rate cut, further weakening the EU.

On the Russian and Middle Eastern Front... I personally feel that at the moment they r facing a fall from glory ($140/barrel) as ppl shun oil. Whether this is externally intended, political or really global economic fall out remains a question to be answered as well?
aurora97
post Dec 5 2008, 10:28 AM

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I heard some noises coming from TWReit anyone got any news on the street?

Rumours are all good, i heard the made a X'mas purchase recently..

NOT sunway city so forget abt that part

This post has been edited by aurora97: Dec 5 2008, 10:29 AM
aurora97
post Dec 5 2008, 11:03 AM

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TMI is faking it liek what they did to TM ?
aurora97
post Dec 5 2008, 05:31 PM

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DFZ risky buy? ... its at its low again ... but when it bounce it flies

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