US future doesn't look good ATM.....

abit on the upside i would say resort, looking at pattern it has been hovering over 2.24 so i would still consider as safe but judging from Neo big chunky facility shud be room to avrg down in any event. It him against the market forces now.

hard to say maybe he got insider newsleh ?

get rich or die trying....

get rich or die trying.. nice statement lol..

how about at middle,.... suffering.

finally a bloody tuesday what i have been looking forward to see... I have consolidated all my shares into cash just for this moment, see u guys in the battle field soon.

I only play with my own cash. Playing margin is very risky.
Invest/trade within own means.

yes cash is king now .... really.

but, if u hv stron financial standing, not need sell ur share lah, wait for another few years or at least till end of tis march.

This post has been edited by sampoo: Feb 17 2009, 04:29 PM

today smells blood. i dun dare to see tomolo jor....!

I agree. If we play margin, we need to pay monthly interest for the borrowed money, on top of that, when share prices drop down to a certain target, you have to top up the difference of the price by cash.
If unable to, then have to sell the shares that you are holding .

RAM finally break support

Will monitor closely these few days

it's raining now...all looks dark n gloomy now.......

you means shares dark & gloomy or the weather?
You are in KL I guess, there's thunder rumbling with dark clouds.

No, my previous statement doesn't mean that it is good for long term either.

Until it sort out its overseas operation, it is not suit to long term which has no sign until now.

Only Malaysia operation is earning them profit, others are leaking money, which is not good for the shareholders.
By no mean, Astro longer future is proven to be good especially in overseas whereby competition is intense unlike in Malaysia, Astro is monopolised business which gov has signed with them, no other statelite TV broadcaster is allowed until 201x (forget what year liao)

Just my opinion though.

like i said earlier, 5% interest per annum... basically the interest is so low the bank is putting money in investors pockets to invest in the market... furthermore (the assumption is) the market can easily give u returns more than 10% provided ur a skillful invstor.

nevertheless the outcome is uncertain yes, we may say margin facility is the devil etc... but it could potential enable him to profit 100 fold compared to an investor whom relies on his own pool of cash and Vice versa.

thanks..

i've gone thru various analsis by McQuerie/Maybank investment/ICap. I fully understand the downside, as well as up side.

Also, i notice very strong support @ RM2...

anyway, go down buy somemore lor..hahaha

this next 4 month is buying period

This post has been edited by Neo18: Feb 17 2009, 05:24 PM

i chicken out, throw my Gamuda at a slight loss. reserving cash.

if tomolo Gamuda cheong, nasib la.

looking out for some some cheap vege on tomolo, aiming at Maybulk & Carlsberg particularly. steady counter ngam me more.

stable counter, u should look at TM

Me Jupiter remiser said watch Gamuda price.. if fall to 1.89-1.90 can grab some.
March stimulus plan will give good boost in contruction sector and Gamuda is tipped to gain from it.
Zelan oso stand good chance to rise if theres positive news on construction sector.

I sold off some of my Zelan stock.. made only peanuts..
Still have alot in hand.. average price 0.80.

This post has been edited by viper88: Feb 17 2009, 07:01 PM

5% interest is already a lot.
If someone wants to make a substantial profit (can be loss), at least have to borrow a large sum of money, say $500,000 . (To have this facility, you need at least $160,000 of your own asset as collateral)
500,000 x 5% /annum = $25,000/year.
If bear market like this carry on for months or years, servicing the interest alone can erode whatever dividends received and his own capital.
On top of that, as mentioned earlier is the capital top-up, if necessary.

Even if someone's risk appetite is lower, $50,000 x 5%/annum = $$2,500/year
Still, interest only is $208/month

Most of the time, bank is winner and clients are losers.

My opinion is margin play will do better when market is bullish.

This post has been edited by sharesa: Feb 17 2009, 07:35 PM

I agree with that. Leveraging your money during a bear market is like leveraging your losses. The risk is just too high, not worth it.