Stock market V22, Small Fishes Gathering
Stock market V22, Small Fishes Gathering
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Mar 25 2009, 11:18 PM
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Senior Member
2,294 posts Joined: Mar 2009 |
should i sell all my stock and buy back later, as ci sure red when closing, dj is green today.
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Mar 25 2009, 11:30 PM
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Senior Member
1,256 posts Joined: Nov 2004 |
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Mar 25 2009, 11:35 PM
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Senior Member
4,669 posts Joined: Mar 2006 From: just now or what? |
QUOTE(simplesmile @ Mar 25 2009, 10:42 PM) Hi, does anyone know what the deal is with Zelan? Why cannot find any recent Quarterly financials? How come Bursa can let this happen? They don't dare to publish financials cos loss alot of money? Hope this helps...Q2 Q4 Q1 Q2 Q3 Rolling 4 Qtrs 07-2007 03-2008 06-2008 09-2008 12-2008 Turnover ('000) 479,157 894,605 597,762 477,126 407,081 2,376,574 Profit before Tax ('000) 101,769 83,454 44,876 33,978 -131,424 30,884 Net Profit ('000) 87,308 55,622 26,292 21,926 -127,902 -24,062 EPS (sen) 8.950 5.350 4.670 3.890 -22.710 -8.8 DPS (sen) 0.000 0.065 0.000 0.050 0.000 0.115 |
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Mar 26 2009, 12:28 AM
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Staff
25,802 posts Joined: Jan 2003 From: Penang |
QUOTE(kingkong81 @ Mar 25 2009, 10:22 PM) Recently the home sales data seems to b very positive...and oso some other reports oso give positive outlook No doubt, it is a good number, but need to look at overall perspective. A lot of people don't mention the second part of the reportAre these signs of recovery on the way?? Wat do u all think? or is it still too early? But i suppose the real challenge will b coming end of d week @ next week with company results coming out again. Wat is ur view on it? Thanks for sharing qouted from CNBC news. QUOTE The median sales price in February fell a record 18.1 percent to $200,900 from a year earlier, the department said. Number of house sales going up, but price going down. Just mean like supermarket putting mega sales, then people are flocking to buy, but actually people will continously to do so if price doesn't go down, still to early to tell. You surely will see lot of people when there is a mega sales going on in supermarket. But after the mega-sales, people still go shopping, nobody knows. Without job creation or income increasing, people cannot afford to buy more houses. Key situation is always job and income, which is the basic of any economy. |
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Mar 26 2009, 12:34 AM
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Senior Member
3,037 posts Joined: Jun 2007 |
Housing sales went up because the prices came down. Seems logical and should be the way. Even in Malaysia during the recession, houses are still being sold when the prices crashed. Just that the houses sold are much cheaper.
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Mar 26 2009, 12:35 AM
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Senior Member
3,413 posts Joined: Dec 2006 From: Damansara |
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Mar 26 2009, 12:48 AM
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Elite
15,855 posts Joined: Jan 2003 |
QUOTE(kingkong81 @ Mar 25 2009, 10:22 PM) Recently the home sales data seems to b very positive...and oso some other reports oso give positive outlook Are these signs of recovery on the way?? Wat do u all think? or is it still too early? But i suppose the real challenge will b coming end of d week @ next week with company results coming out again. Wat is ur view on it? Thanks for sharing QUOTE(dreamer101 @ Mar 25 2009, 10:59 PM) All, As per US Housing report. http://www.chrismartenson.com/blog/fuzzy-r...sing-data/15540 There’s another, even bigger, element to this story that’s just sitting there practically gnawing on the press’ lower legs, just 14 paragraphs down: Home foreclosures were up 30 percent in February from a year earlier, according to RealtyTrac Inc., an Irvine, California-based seller of default data. A total of 290,631 properties got a default or auction notice or were seized by banks. Lessee here...290k seized properties (many of which count as "sales" in the NAR methodology) times 12 months gives us 3.48 million homes in default, slated for auction, or seized. When we divide these 3.48 million (annualized) defaulted or seized properties by the 4.72 million in total reported sales (also annualized), we immediately discover that a full 73% of recent housing activity was distressed. By mixing foreclosure data with organic house sales, the NAR and the press have badly misrepresented the actual condition of the housing market. Dreamer QUOTE(cherroy @ Mar 26 2009, 12:28 AM) No doubt, it is a good number, but need to look at overall perspective. A lot of people don't mention the second part of the report All,qouted from CNBC news. Number of house sales going up, but price going down. Just mean like supermarket putting mega sales, then people are flocking to buy, but actually people will continously to do so if price doesn't go down, still to early to tell. You surely will see lot of people when there is a mega sales going on in supermarket. But after the mega-sales, people still go shopping, nobody knows. Without job creation or income increasing, people cannot afford to buy more houses. Key situation is always job and income, which is the basic of any economy. http://www.chrismartenson.com/blog/fuzzy-r...sing-data/15540 If you are referring to US housing market, the sales are actually down. The report lied. They are counting foreclosure as sales. See above URL. Dreamer |
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Mar 26 2009, 01:10 AM
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Senior Member
1,217 posts Joined: Aug 2005 From: d' Kay El |
QUOTE(Soulsareworthless @ Mar 26 2009, 12:35 AM) If Resorts managed to break the hold and reach @ 2.10 today, the next target breach will be @ 2.20. Wall Street remains green and hopefully bursa follows today. This post has been edited by Freelancer: Mar 26 2009, 01:18 AM |
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Mar 26 2009, 01:24 AM
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Senior Member
3,413 posts Joined: Dec 2006 From: Damansara |
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Mar 26 2009, 06:56 AM
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All Stars
17,864 posts Joined: Jan 2005 |
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Mar 26 2009, 07:18 AM
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Senior Member
1,256 posts Joined: Nov 2004 |
DOW 7749 +89
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Mar 26 2009, 07:23 AM
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All Stars
17,864 posts Joined: Jan 2005 |
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Mar 26 2009, 07:23 AM
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Junior Member
186 posts Joined: Jan 2008 |
Think of going into Maybank at 4.26. Any comments ?
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Mar 26 2009, 08:01 AM
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All Stars
52,874 posts Joined: Jan 2003 |
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Mar 26 2009, 08:30 AM
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All Stars
17,864 posts Joined: Jan 2005 |
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Mar 26 2009, 08:45 AM
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Junior Member
186 posts Joined: Jan 2008 |
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Mar 26 2009, 09:07 AM
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All Stars
17,864 posts Joined: Jan 2005 |
Scomi rock after KJ won last night!
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Mar 26 2009, 09:10 AM
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Senior Member
4,669 posts Joined: Mar 2006 From: just now or what? |
hello fellow anchovies...
Whats hot today? Resort started well.. hope it build on from here. |
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Mar 26 2009, 09:12 AM
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VIP
37,028 posts Joined: Jan 2003 From: Petaling Jaya |
lol anchovies, what a phrase.
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Mar 26 2009, 09:15 AM
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Senior Member
1,217 posts Joined: Aug 2005 From: d' Kay El |
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