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 Stock market V21, Huge Stimulus Age

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kb2005
post Feb 27 2009, 08:37 PM

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QUOTE(mo_meng @ Feb 27 2009, 05:22 PM)
yeah knm .. doh.gif no eyes c .. no need think also haha .. just hold as toilet paper haha
*
Pls keep it for a while. It should go up to 50cents soon as the COP already up.
chyaw
post Feb 27 2009, 09:09 PM

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Today, didn't really look at stocks! But when I just see my portfolio, my loss widen so much in one day...
kb2005
post Feb 27 2009, 09:18 PM

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QUOTE(chyaw @ Feb 27 2009, 09:09 PM)
Today, didn't really look at stocks! But when I just see my portfolio, my loss widen so much in one day...
*
I have the same problem too especially on KNM and Genting! cry.gif
kmarc
post Feb 27 2009, 09:22 PM

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From time to time, I have to remind myself to look at the broader picture..... that I have managed to buy shares at a relatively cheaper price.

As long as the company don't go bust, the shares we hold still has value and will go up eventually.

Just that for some counters, I have become its long long term investor! laugh.gif
chyaw
post Feb 27 2009, 09:24 PM

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Hi Guys,
I wonder KNM where got cash to buy back so many shares (1.5mil units).

7164 KNM KNM GROUP BHD
Notice of Shares Buy Back - Immediate Announcement

Date of Buy Back : 27/02/2009
Description of Shares Purchased : Ordinary shares of RM0.25 each
No. of Shares Purchased : 1,500,000 shares
Minimum Price Paid For Each Share Purchased : RM 0.370
Maximum Price Paid For Each Share Purchased : RM 0.390
Total Consideration Paid : RM 574,005.00
No. of Shares Purchased Retained in Treasury : 0 shares
No. of Shares Which Are Proposed To Be Cancelled : 0 shares
Cumulative Net Outstanding Treasury Shares As At To-Date : 40,135,100 shares
Adjusted Issued Capital After Cancellation : 0
Date Lodged With Registrar of Company :
Lodged By :


SUSgogo2
post Feb 27 2009, 09:29 PM

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QUOTE(chyaw @ Feb 27 2009, 09:24 PM)
Hi Guys,
I wonder KNM where got cash to buy back so many shares (1.5mil units).

7164    KNM    KNM GROUP BHD 
Notice of Shares Buy Back - Immediate Announcement

Date of Buy Back : 27/02/2009
Description of Shares Purchased : Ordinary shares of RM0.25 each
No. of Shares Purchased : 1,500,000 shares
Minimum Price Paid For Each Share Purchased : RM 0.370
Maximum Price Paid For Each Share Purchased : RM 0.390
Total Consideration Paid : RM 574,005.00
No. of Shares Purchased Retained in Treasury : 0 shares
No. of Shares Which Are Proposed To Be Cancelled : 0 shares
Cumulative Net Outstanding Treasury Shares As At To-Date : 40,135,100 shares
Adjusted Issued Capital After Cancellation : 0
Date Lodged With Registrar of Company : 
Lodged By :
*
good. Less people dump share. Share will shoot to the roof. Else, i'll buy more at cheap price.
Kekekek...
kb2005
post Feb 27 2009, 09:30 PM

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Meaning Monday KNM share will go up ?
kmarc
post Feb 27 2009, 09:38 PM

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I think we better keep some bullets - Malaysian GDP at 0.1% in Q4 '08...... recession looms.....

http://fortunesense.blogspot.com/2009/02/m...quarter-of.html
http://www.themalaysianinsider.com/index.p...h-stops-at-01pc

Not really surprising after the recent BNM rate cut..... sweat.gif
chyaw
post Feb 27 2009, 09:44 PM

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God knows... My concern is where did they get the money to buy back so many shares??? Borrow from banks?

QUOTE(kb2005 @ Feb 27 2009, 09:30 PM)
Meaning Monday KNM share will go up ?
*
Singh_Kalan
post Feb 27 2009, 10:02 PM

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DJ Future near -2%. May go below 7k today. sweat.gif The slaughter continue...... laugh.gif
kb2005
post Feb 27 2009, 10:41 PM

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QUOTE(Singh_Kalan @ Feb 27 2009, 10:02 PM)
DJ Future near -2%.  May go below 7k today.  sweat.gif  The slaughter continue...... laugh.gif
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Ya. It may drop below 7k today.
SUSDavid83
post Feb 27 2009, 10:57 PM

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DJIA lost 90 points now: 7,088.10 -93.98 -1.31%
kb2005
post Feb 27 2009, 10:59 PM

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QUOTE(David83 @ Feb 27 2009, 10:57 PM)
DJIA lost 90 points now: 7,088.10 -93.98 -1.31%
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Still have a few hours to go. I think it will be below 7k later.
cheenwei
post Feb 28 2009, 12:07 AM

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any people can tell me why the stock market now is not stable?


kb2005
post Feb 28 2009, 12:16 AM

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QUOTE(cheenwei @ Feb 28 2009, 12:07 AM)
any people can tell me why the stock market now is not stable?
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Lol! Because economy not stable ma... Look at company retrenchment here and there.
Singh_Kalan
post Feb 28 2009, 12:41 AM

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QUOTE(cheenwei @ Feb 28 2009, 12:07 AM)
any people can tell me why the stock market now is not stable?
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stock market like economy may never stable. It go up and down in a cycle. U may ask why it go up and down in a cycle....everything can be trace back to human greed and fear wink.gif In fact most thing in the world evolve in cycle.
SUSDavid83
post Feb 28 2009, 07:15 AM

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DJIA closed RED and lost another 100 points:

7,062.93 -119.15 -1.66%
SUSgogo2
post Feb 28 2009, 09:52 AM

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there goes stock market next week. I'm sure monday will decline some more. Another shopping day..kekek
kb2005
post Feb 28 2009, 10:03 AM

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QUOTE(David83 @ Feb 28 2009, 07:15 AM)
DJIA closed RED and lost another 100 points:

7,062.93 -119.15 -1.66%
*
100points not that bad. I thought it will be more. biggrin.gif
alivecmh
post Feb 28 2009, 10:05 AM

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next week gonna be a very bad week. AIG financial result in focus, either announce on monday or friday.

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