Kind of. The market capital will be increase normally.
And like skid said, always subscribe excess, especially if you got odd lot from the issue (e.g. if you have 1,000 ordinary share, entitled for 450 right issue, but high chances you will get at least another 50 share if you apply for excess), priority will be given to those who want to round up to a full lot.

RESORTS crash.

yup, technically recession is define as two consecutive quarter of reduction in GDP. So maybe najis is playing with the nos altho the actual 4th quarter GDP already at -0.1%. So technically speaking, if the next Q is also in negative (which i think most probably will), then msia is officially in recession. He try to buy some time.

I'm casting my net at 2.1

LOL. finally i found someone who is of the same opinion as me..

What happen this morning ? Why all red ?

With this 0.1%, only after 3rd Q 2009, only then Malaysia can be officially called recession.

This is pure academic only which make no different in real economy. We all know recession is in place already.

i think u will get it soon. 2.11 now

did u hold any stock right now?

price go up again...

hope it rebounce

hmm i think alot of ppl are waiting for Dow Jones go below 7,000 mark tonite

DJ futures aleady did.

The news of AIG could send the DJ to open below 7000.

tonite focus will still be on Citigroup and AIG..

what can the next pm do? if cannot perform at all also will step down. just like new US presiden step in also market go even lower until today.

it cannot do anything. dont be so excited about the new PM as see how he perform. time will tell.

some repair on damages in progress

the next 2 quarter definately will be bad. better look and see. malaysia market have not fallen at all (just minor percentage as for the past few weeks) compare to other asian countries that have fallen alot. so it will come a time to fall drastically as history repeats.

bank have been lower their blr from time to time and dont even dare to commit and it means the economy is no good. the longer period of the FD interest is even so low just imagine how good will the economy be in the near future.

malaysia boleh mah its also in time to come it just used up all their reserve funds to support the market.

boleh


This post has been edited by lowyat888: Mar 2 2009, 11:57 AM

Wah, just checked my Zelan, down to new lows, my peanut gains gone already should have ran when Ihad the chance

Oh well... think I'm gona DCA again

I'm still holding on Zelan. Bought abit only some at 0.70.
Last Fri bought at 0.76. Now average to 0.797.. still at paper lost.
Some ppl throwing zelan shares to push it down but later buy back in big vol at cheaper price.

From my previous experience with UEMBLDR.. its shares drop from 1.90+ to 1.60 , 1.30 . den drop all the way till 0.90++
But later slowly climb back 1.36...then UEMGRP privatise it at 1.42.

There are some similarity between Zelan and Uembldr...

Decide on ur own risk if u wanna swing trade..

This post has been edited by viper88: Mar 2 2009, 12:15 PM