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 Stock market V23, New PM in the house

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lifeless_creature
post Apr 12 2009, 10:59 PM

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QUOTE(SKY 1809 @ Apr 12 2009, 10:49 PM)
Well, it depends the degree of transparency you have.

If you say GDP is growing by 0.1% for example, most people would think it is negative.

In the West or Singapore where there is a greater transparency. Even though your coming Q result may not be good, but you have reasons to foresee better future results, investors may see a chance to buy your co's shares if traded with big discounts.

So how you " see  it " is as important.
*
make sense....even the government there already forecasting a negative GDP this yr, look at the chart~ STI jumping from 14xx to now how much? 18xx ? that is the "open-ness"...
kmarc
post Apr 12 2009, 11:14 PM

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QUOTE(SKY 1809 @ Apr 12 2009, 10:49 PM)
Well, it depends the degree of transparency you have.

If you say GDP is growing by 0.1% for example, most people would think it is negative.

In the West or Singapore where there is a greater transparency. Even though your coming Q result may not be good, but you have reasons to foresee better future results, investors may see a chance to buy your co's shares if traded with big discounts.

So how you " see  it " is as important.
*
Guess so but like you mentioned, greater transparency in other places EXCEPT here! sweat.gif

Anyway, some data to watch out for : http://www.cnbc.com/id/30178129
viper88
post Apr 13 2009, 12:07 AM

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Err.. i also not sure coz most counter already up 20-30%...

My personal aim..

Lionind - moving towards 0.81 ?

Zelan - moving towards 0.80++ ?

Tgoffs - moving towards 1.00 ?

OSK - AGM next week..moving towards 1.20?


Not sure whether Bangkok State of emergency will affect market performance 2morrow. hmm.gif
Becareful. unsure.gif

QUOTE(kmarc @ Apr 12 2009, 10:34 PM)
I guess it would still depend on upcoming data. US data may show stabilization or improvement but I think our local data would still show deterioration? Anyway, my 0.2 cents only.....
If I had caught Gamuda at RM1.00+ (probably less than RM1.50?), I would probably hold it for long-term. The reason is because I don't think we can ever get that price range again.....

Anyway, @viper88, anything to goreng this week?  drool.gif
*
This post has been edited by viper88: Apr 13 2009, 12:55 AM
kmarc
post Apr 13 2009, 06:36 AM

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QUOTE(viper88 @ Apr 13 2009, 12:07 AM)
Err..  i also not sure coz most counter already up 20-30%...

My personal aim..

Lionind - moving towards 0.81 ?

Zelan - moving towards 0.80++ ?

Tgoffs - moving towards 1.00 ?

OSK - AGM next week..moving towards  1.20?
Not sure whether Bangkok State of emergency will affect market performance 2morrow.  hmm.gif
Becareful.  unsure.gif
*
Yeah, a bit too high for me. Don't want to take the risk.

Really sad didn't get Tgoffs and OSK when they were low. Was also eyeing COASTAL and BHIC too but already flying high.

Hope they come down again.....
sharesa
post Apr 13 2009, 08:48 AM

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QUOTE(cherroy @ Apr 12 2009, 10:29 AM)
USA cannot be poor as long as they can just start off their money printing machine, then all debt would be solved.  tongue.gif

In fact, China has trillion of USD reserves is poorer than US because they cannot use the money at all!
They can't sell the US treasuries (which is the main form of USD reserves) without political implication/ When you own something you cannot sell or use, it is as good as junk.
Sound harsh, but it is the reality.
*
Cherroy,
how come China cannot use the reserves, its their savings isn't it? Unless its foreign currency reserves, I thought.
Dun mind to elaborate, pls ? thanks!
thkhong
post Apr 13 2009, 08:51 AM

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Good morning all sifus. Just to ask for ur advise. Is it time to go into Axiata mother shares today or wait for the Rights to be listed first?

Thks.
mo_meng
post Apr 13 2009, 08:57 AM

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good morning all .. 4 days din work now so boring .. some more mondayblue ahhhhh
aurora97
post Apr 13 2009, 08:57 AM

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QUOTE(sharesa @ Apr 13 2009, 08:48 AM)
Cherroy,
how come China cannot use the reserves,  its their savings isn't it?  Unless its foreign currency reserves, I thought.
Dun mind to elaborate, pls ? thanks!
*
correct me if i am wrong, i believe China has been all this while buying up american debt i.e. bonds etc...

reducing liquid assets, even with China's fat bank account there are still limit since money doesnt fall from the sky.
yeeeeko
post Apr 13 2009, 09:10 AM

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haiz... so green again today.
cherroy
post Apr 13 2009, 09:13 AM

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QUOTE(sharesa @ Apr 13 2009, 08:48 AM)
Cherroy,
how come China cannot use the reserves,  its their savings isn't it?  Unless its foreign currency reserves, I thought.
Dun mind to elaborate, pls ? thanks!
*
China has trillion of foreign currency reserves, about 1.9 trillion, vast majority is in USD denominated asset particularly treasuries.
mo_meng
post Apr 13 2009, 09:15 AM

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QUOTE(yeeeeko @ Apr 13 2009, 09:10 AM)
haiz... so green again today.
*
not so green wo .. running down
yeeeeko
post Apr 13 2009, 09:16 AM

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good good. red coming
cherroy
post Apr 13 2009, 09:18 AM

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QUOTE(thkhong @ Apr 13 2009, 08:51 AM)
Good morning all sifus. Just to ask for ur advise. Is it time to go into Axiata mother shares today or wait for the Rights to be listed first?

Thks.
*
It is best to wait for the right to be listed, only then you will see clearer picture of its trend, aka whether the mothershare will be depressed by its right or not.

But I forsee some support at lower price range in order for the right issue being fully placed out.

But if you aim for long term, different story.
My opinion only.

panasonic88
post Apr 13 2009, 09:18 AM

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oh today is water play! (in conjuction with thailand songkran festival huh) sweat.gif

JAKS, KPS, PUNCAK all up.
panasonic88
post Apr 13 2009, 09:21 AM

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market turning red, ciao first.

throw Zelan for profits.
mo_meng
post Apr 13 2009, 09:22 AM

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hoho so fast cannot 忍 throw liao
panasonic88
post Apr 13 2009, 09:24 AM

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errr coz not intend to take up either. lol.

but i bought Dgate for mid term investment.
chyaw
post Apr 13 2009, 09:24 AM

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Red army getting stronger. Seems like can't sell anything today...
kinwawa
post Apr 13 2009, 09:25 AM

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profit taking ma.....
YuNGSeNG
post Apr 13 2009, 09:26 AM

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Dow green but KLCI red...too bad...

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