Interbank rate is not at that range yet, it is the Fed fund rate.

3 month Libor rate is still at 1.7-1.9% range. When Lehman went down time, it goes as high as 4.++%.

eh, just want to talk with u guys on MMC a bit.

I'd see potential for the SATS deal to be a good one, seeing as that'll be the entry gate to Iskander, legoland and etc.

However, the only problem with it is.... Iskander, legoland et all is like 6 years++ away....... if you're looking at really long term prospects, it'll be a good buy is it not?

PTP did manage to get a lot of singapores' shipping.
Wonder if they can do the same with sats or not.

Anyway, what will happen with the deal, if the shareholders vote against it?

-Also, it's estimated MMC will sell 1/5 of their stake in PTP to buy off SATS, this will mean a 20% reduction of profit from ptp. how large is ptp's profit contributing to MMC's net profit?

The reduction in EPS, give it worst case, 20% reduction... (lazy man's assumption of PTP being 100% MMC's profit.. so -20%)

the share price have pummelled like 50% off its prior SATS news..

Well, if Iskandar corridor were to  be anywhere near the success the government planned for it, at the heart of it must have a good airport.

KLCI lost more than 200 points:

8,604.99 -219.35 -2.49%

Woo hoo! A new trading day! 

Wonder whether Hong Leong will rally..... anybody going for this counter? 

Holiday Long Bull 

looks like there is going to be a war. Which counter is most likely to rise if there is way? let's discuss.

I think oil and gas will go up

knm stock are un reliable la.....

Cherroy, mind to tell how you come out with the RM0.84 ? thank you

happy new year to everyone here, next year is the year of the 'cow'

Noob question (sorry ya  ) : GAMUDA giving 4% dividend in January. The 4% is calculated from the share price at that ex-date right? 

The worst is yet to come : http://biz.thestar.com.my/news/story.asp?f...46&sec=business

I don't know about this stock, but from the statement straight away I can pin-point out the contradicted statement within as bolded. 

As the research house is viewing it won't be affected too largely due to secured contract and earning gorwth expected to continue, then why lower the target price? Because market price goes down, so lower it so that it is achievable?? 

You only downgraded a stock and target price when future is bleak which you see earning is going to drop. If you see earning is going to rise, it is doesn't make sense to lower the target price.

Don't mean to recommend anything, nor saying the research is good or not, just pointed out the illogical part.

I work in the retail line. It is strange... amid all the bad news in 2008, my sales actually went up 11% compared to 2007. 2007 was bad, only up 3% compared to 2006. Before that, growth per year was between 10-13%.

Just a noob question here, anybody know when is the 4th quarter result going to be announced?
I can't seem to find it.

yea, they are always very efficient 
perhaps their business is straight forward?

May be because nowadays, transaction is fully computerised and system also are quite integrated. So just matter of few dozen click to summarise out the financial statement and need to be manually verified only.

But still, reporting after 2 weeks time Q ended, is very efficienct indeed.

Any steel stocks listed in Bursa? Besides huaan, kinsteel