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 Stock Market V18, Stock Market Chit Chat

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panasonic88
post Nov 20 2008, 08:28 PM

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yo yo checking-in too!
panasonic88
post Nov 20 2008, 08:35 PM

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lol hopefully... !
panasonic88
post Nov 20 2008, 10:00 PM

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Director of the Company, Mr. Lam Kar Keong, The Group Chief Executive Officer, Mr. Chang Si Fock @ Chong See Fock (Noble Gem Sdn. Bhd) are now left with 0.33% of ZELAN shares, after a massive disposing activities since the last 2-weeks.

This post has been edited by panasonic88: Nov 20 2008, 10:00 PM
panasonic88
post Nov 20 2008, 10:10 PM

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* Dimming prospects of US auto rescue unnerve markets

* Citigroup shares up on report of Saudi stake boost

* Jobless claims, Philly Fed survey on tap

* Wall St to open at lowest level in 5-1/2 years

* Crude oil dropped to USD50/barrel

This post has been edited by panasonic88: Nov 20 2008, 10:11 PM
panasonic88
post Nov 20 2008, 10:23 PM

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so, goodbye IOI.

see you at 1.80
panasonic88
post Nov 21 2008, 12:14 AM

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lol down jones is having fun swinging high-and-low.

now drop back to red zone.
panasonic88
post Nov 21 2008, 09:16 AM

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bloodbath shedding!!!!

*okay i am glad that i run edy yesterday. you guys happy shopping and happy contra-ing biggrin.gif
panasonic88
post Nov 21 2008, 09:30 AM

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oh surprisingly PMCAP is one of the Top Active.

i've been looking at it since the past few days.
its price is pretty steady at 0.095/0.100
panasonic88
post Nov 21 2008, 09:35 AM

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QUOTE(cherroy @ Nov 21 2008, 09:32 AM)
Want to get your hand dirty again on goreng goreng?  biggrin.gif
*
okie okie, i dare not. sweat.gif
panasonic88
post Nov 21 2008, 09:40 AM

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Time for some interesting story-reading.

An Asian Twist to Explain the $$$ Crisis

One day, a plain-looking man came with a pretty-looking OL(Office Lady) to the LV store in Causeway Bay (Hong Kong Island).
He chose an LV bag worth HKD 65,000 for the OL. When it came time to pay, the man took out a checkbook and wrote out a check. The salesperson was hesitant because the couple hadn't shopped there before.

The man discerned what the salesperson was thinking and he said calmly: "I sense that you are concerned that this check may bounce, right? Today is Saturday and the banks are closed. Let me suggest that I leave the check and the handbag here. When the check clears on Monday, you can deliver the handbag to this lady. How about that? The salesperson was reassured and gladly accepted the suggestion. In addition, he waived the delivery charges. He promised that he would personally make sure that this gets done.

On Monday, the salesperson took the check to the bank. The check bounced! The irate salesperson called up the client, who told him: "What is the big deal? Neither you nor I have suffered any loss. Last Saturday night, I went to bed with that girl already! Oh, by the way, I thank you for your cooperation."

This story reveals the nature of the sub-prime mortgage crisis. When people have high hopes for huge future returns, they lower their guard about the potential risks. This pretty girl thought that the HKD 65,000 LV bag was going to come home on Monday, and so she lowered her guard. Therefore, she believed that her investment in the ONS (one night stand) was worth it even though it was based upon huge and highly uncertain risks.

Investment companies are great with packaging high return (but high risk) deals. The stock speculators are like this pretty woman. As such, they deserve to lose money. Without people like these, how are people going to make money from the stock market? As for the media and the stock analysts, they often play the role of the LV salesperson.

panasonic88
post Nov 21 2008, 09:46 AM

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QUOTE(cherroy @ Nov 21 2008, 09:41 AM)
This Sime is really supported by local big boys, can't drop below RM6.00, even oil price dropped to old level, while CPO at low point.
Taught of getting below RM6.00 and getting its 44 cents dividend seems this plan won't work. Today last day liao.
*
about 5% yield after tax deducation.

you have KLK & BKAWAN edy mah. biggrin.gif
panasonic88
post Nov 21 2008, 10:00 AM

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QUOTE(cherroy @ Nov 21 2008, 09:49 AM)
Haha, good one.

Teach us how to.........  brows.gif without much cost.
*
ehh dun be notti, i tell your wifey brows.gif
panasonic88
post Nov 21 2008, 10:22 AM

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wow you guys are riding on KINSTEL boat huh biggrin.gif

i still have 55 sens stock on hand.

will buy some more to average if it break 40 sens.
panasonic88
post Nov 21 2008, 10:23 AM

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QUOTE(gogo2 @ Nov 21 2008, 10:22 AM)
unfortunately, I still dun have six sense yet. laugh.gif I have a feeling it cannot
break 0.80 but I never know. sad.gif sad.gif
*
yesterday siapa cakap KLCI will be green one har. whistling.gif

your 6th sense failed this time, hehe.
panasonic88
post Nov 21 2008, 10:31 AM

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QUOTE(SKY 1809 @ Nov 21 2008, 10:27 AM)
Dont worry , i still got old stock 50 lots at 59sen.

Now buying 100 lots at 40sen.

You have a friend. biggrin.gif
*
lol 59 sens was the peak, i suppose to sell and lock profit, now see it sliding down. never mind-la, together we watch it grow wub.gif
panasonic88
post Nov 21 2008, 10:36 AM

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QUOTE(SKY 1809 @ Nov 21 2008, 10:33 AM)
50sen reachable, above 55sen , that it is called long term.
*
oh i have set a very long target sweat.gif

but will take (partial) profit whenever time is right, to minimize the risk/cost.

This post has been edited by panasonic88: Nov 21 2008, 10:37 AM
panasonic88
post Nov 21 2008, 10:56 AM

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QUOTE(cherroy @ Nov 21 2008, 10:51 AM)
If oil drops to old level of USD 30, now USD 48, then all O&G counters have to be re-assessed.
*
re-assessed? what does that mean? unsure.gif
panasonic88
post Nov 21 2008, 10:59 AM

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QUOTE(harrychoo @ Nov 21 2008, 10:55 AM)
lol, i still hold a lot of KNM at higher price..die..
*
decision decision

either you cut loss, and buy back later when the FF dumping is cease

or you hold and keep averaging


panasonic88
post Nov 21 2008, 11:08 AM

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QUOTE(cherroy @ Nov 21 2008, 11:02 AM)
Mean O&G sector and some company might not as profitable as previous year of financial record showed, some could show some sharp drop in profit in the future.

So if oil stay at low point for years to come, previous high is not a good indicator at all. So whether they had dropped 50% or 70%, doesn't mean they are cheap either based on fundamental.
*
o'right noted that.

i have DIALOG & SAPCRES in my portfolio, tho. old timer stock sweat.gif
panasonic88
post Nov 21 2008, 12:27 PM

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so everyone's confidence is coming back now brows.gif

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