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 Stock market V22, Small Fishes Gathering

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whizzer
post Mar 25 2009, 11:30 AM

Money DOES grow on trees !!
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QUOTE(skiddtrader @ Mar 25 2009, 02:52 AM)
Just wanted to share this.

Read this in the comments section of Yahoo Finance.

"Subject: Economic Solution

This was an article from the St. Petersburg Times Newspaper on Sunday. The Business Section asked readers for ideas on "How Would You Fix the Economy?"

I thought this was the BEST idea....I think this guy nailed it!

Subject: Economic Solution

Dear Mr.President,

Patriotic retirement: There's about 40 million people over 50 in the work force-pay them $1 million a piece severance with stipulations.

1) They leave their jobs. Forty million job openings - Unemployment fixed.
2) They buy NEW American cars. Forty million cars ordered - Auto Industry fixed.
3) They either buy a house/pay off their mortgage - Housing Crisis fixed. "
rclxms.gif  Makes sense haha  except it'll cost trillions.  doh.gif
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I don't think you can do this. Its exchanging 40milion experienced people for newbies. Quite similar to "if you want to lose weight, just cut off a leg!" biggrin.gif

This post has been edited by whizzer: Mar 25 2009, 11:32 AM
whizzer
post Mar 25 2009, 04:30 PM

Money DOES grow on trees !!
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QUOTE(cherroy @ Mar 25 2009, 04:22 PM)
Now you only notice ar?  biggrin.gif

I put a funny scenario (which is happening in real life, surely not all case is like that, if you monitor it long enough)

When share at 3.50, TP 4.00,
recommendation: buy

When share at 2.50 TP 3.50
Recommendation: buy

When share at 2.00 TP 3.00
Recommendation : buy

When share at 1.50 TP 2.00
Recommendation : hold

When share at 1.00 TP 1.00
Recommendation : sell

Then share bounce back from 1.00 to 4.00 after new bull run emerge after years time.  whistling.gif  laugh.gif
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I think analysts are like TV weather men. Sure they can tell you the weather four or five days ahead but as the day approaches it still rains when it should shine wink.gif

If the wind starts blowing another way, they will change their predictions. So have to be fair to them, their analysis is based on the data that they have that day.

whizzer
post Mar 30 2009, 04:20 PM

Money DOES grow on trees !!
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QUOTE(Neo18 @ Mar 30 2009, 03:13 PM)
today shopping spree for me...

bought ATRIUM @ 0.615
BURSA 5.05
BJToto @ 4.62!!!
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Aiks.. ATRIUM @ 0.610 now..!!
whizzer
post Mar 30 2009, 04:32 PM

Money DOES grow on trees !!
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QUOTE(mo_meng @ Mar 30 2009, 04:22 PM)
did u get any?
Nope.. queued to far down sad.gif

This post has been edited by whizzer: Mar 30 2009, 04:33 PM
whizzer
post Mar 30 2009, 05:09 PM

Money DOES grow on trees !!
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QUOTE(cherroy @ Mar 30 2009, 04:52 PM)
I don't know, but I always try to stay far far away from those need shareholders fork out money one, instead giving out money to shareholders.

I always keep in simple.
Why we want to invest in stock? To get a return, dividend or capital appreciation which company can generate worth to us.

For right issue, the situation is like I invest in your company, then you want me to fork out more money.

Buying Maybank with right issue now is somehow similar with a the price of tag (if share price now is 4.10) = 4.10 + (2.74 x 9/20) = 5.33

Edited:

For short term goreng, no comment.
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I wonder if historically whether rights issues were the right thing (pun intended biggrin.gif ) to do for any company. I mean any research paper/case study based on 10 year history of rights issues effect on the companies bottom line. So far, I think the rights issue for TMI & Maybank sort of can count on our gahmen to prop up. hmm.gif

This post has been edited by whizzer: Mar 30 2009, 05:10 PM
whizzer
post Apr 2 2009, 10:50 AM

Money DOES grow on trees !!
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QUOTE(Junior83 @ Apr 2 2009, 10:46 AM)
MArket so green....
RESORT climb slow and steady, that's the way i want  biggrin.gif

TP RM2.5 maintain  brows.gif
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Can ah ? Got road block at 2.22 tongue.gif
whizzer
post Apr 2 2009, 11:10 AM

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QUOTE(Junior83 @ Apr 2 2009, 11:07 AM)
Haha, i dial to Junior Lim, then puff... the roadblock is taken away  brows.gif
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0250 GMT [Dow Jones] Resorts World (4715.KU) +2.7% at MYR2.22 in heavy volume; trader says shares may extend gains to test MYR2.27 (100-day moving average) after 19.6% investment Star Cruises (S21.SG) recorded lower 2008 net loss of US$79.5 million vs 2007's $200.8 million loss, cruise line recorded profitable 2H08. Maybank Investment says in report line's better results, Star Cruise unit NCLC Group's successful restructuring of debt reduces risk of cash calls. rights issue; "earlier concerns that Resorts may have to inject cash into Star Cruises have already been discounted and thus, suggests upside potential (for Resorts)." still, warns ongoing concerns over health of U.S. economy means cruise line will continue to post losses. Keeps Buy on Resorts with MYR2.86 target price. (KPL)
whizzer
post Apr 2 2009, 12:04 PM

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QUOTE(yeeeeko @ Apr 2 2009, 11:55 AM)
everyting is flying la.....some fly higher only ma
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Not so, YTL Power not moving rolleyes.gif
whizzer
post Apr 2 2009, 03:54 PM

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QUOTE(viper88 @ Apr 2 2009, 03:28 PM)
Wa.. see MRCB shoot those seller at 0.90.. big vol... walao.. shocking.gif
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EPF has been disposing MRCB regularly since March.
whizzer
post Apr 2 2009, 04:22 PM

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In hindsight, we should have bought last week & sell this week brows.gif
whizzer
post Apr 2 2009, 05:16 PM

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QUOTE(haksam @ Apr 2 2009, 05:09 PM)
actually i also dunno y have some fear for tomorrow...
perhaps this 2 days sail through too smoothly? doh.gif
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Murphy's Law ?
whizzer
post Apr 4 2009, 09:29 PM

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QUOTE(Ranny @ Apr 4 2009, 08:56 PM)
yup. i m doing that; despite i m living in Ipoh.


Added on April 4, 2009, 8:58 pm
cheaper than HLeB. i switched from HLeB to Jupiter recently..
brokerage rate is 0.05%, minimum RM8-00.
trading limit will be the exact amount of your deposit, whilst HLeB give 2x.

https://www.jupiteronline.com.my/jssbecos/default.asp
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I'm from East Malaysia. Do they require you to go to their KL Office ? Or can just do everything offline (snail mail).
whizzer
post Apr 4 2009, 10:58 PM

Money DOES grow on trees !!
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QUOTE(Ranny @ Apr 4 2009, 09:35 PM)
in my case, there is no need. They just want your deposit.
And you want their 0.05% brokerage rates  tongue.gif
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Thanks.. looks tempting drool.gif


Added on April 4, 2009, 11:13 pm
QUOTE(dreams_achiever @ Apr 4 2009, 09:43 PM)
0.05%? for normal rates or day-trade rates?
If apply to normal trades, it is very tempting.  Compared to 0.42% for normal rate in RHBInvest.
Thats almost 800% cheaper. walao..
For goreng purpose can use jupiter while for long term (safer) use RHBInvest biggrin.gif
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I notice that for maybank2u, they have some other incentives like online stock incentives & intraday trade incentives, etc. So probably actual rate less than 0.42%?

This post has been edited by whizzer: Apr 4 2009, 11:13 PM
whizzer
post Apr 6 2009, 05:13 PM

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QUOTE(cherroy @ Apr 6 2009, 04:52 PM)
Somebody doing funny stuff on Qcapital, close at 1.10, instead of 0.84.
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Baiting small fishes ? smile.gif
whizzer
post Apr 6 2009, 08:55 PM

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QUOTE(mo_meng @ Apr 6 2009, 08:50 PM)
not opposite mea .. dow red ci green
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Now is N time so maybe not so predictable rolleyes.gif
whizzer
post Apr 7 2009, 11:02 AM

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QUOTE(kmarc @ Apr 7 2009, 10:07 AM)
Lucky I didn't buy Maybank or Maybank-OR. After seeing the prices being pushed up so much previously, I'm thinking that the big sharks were artificially pushing up the prices.....

Let them keep their rights, unless they want to sell it dirt cheap....  brows.gif

Of course, not referring to any forumers holding maybank shares, just referring to the big sharks waiting to eat us small fishes....
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Maybank now comes in two flavours, Original Recipe & Spicy drool.gif

But remember to choose correctly, otherwise you will get heartburn icon_rolleyes.gif
whizzer
post Apr 7 2009, 04:05 PM

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QUOTE(mo_meng @ Apr 7 2009, 04:03 PM)
tonight 10pm will announce the result stay tune
*
I wonder if this last minute market boost is related to the election hmm.gif
whizzer
post Apr 8 2009, 10:55 AM

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QUOTE(SKY 1809 @ Apr 8 2009, 10:49 AM)
You are waiting for Genting to drop back to RM 3.86, right ?


Added on April 8, 2009, 10:52 am

Understood.

Most people shift their goal posts on daily basis.
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If opportunity knocks, our plans are flexible biggrin.gif
whizzer
post Apr 8 2009, 11:18 AM

Money DOES grow on trees !!
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QUOTE(mo_meng @ Apr 8 2009, 11:14 AM)
haa i thought long term means u buy it and dont wanna see it for few mths / year?
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I think cannot tahan after looking at the screen everyday rolleyes.gif

So best maybe have a balanced fund strategy. 70% long term & 30% for play-play.. laugh.gif

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