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 Stock market V23, New PM in the house

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panasonic88
post Apr 13 2009, 03:51 PM

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801m jor. should be able to cross 1b by 5PM !
Neo18
post Apr 13 2009, 03:51 PM

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QUOTE(chyaw @ Apr 13 2009, 03:50 PM)
My fear started last Friday. That's why dump my long term shares also. I think it is too early for KLCI to hit above 930.
*
copper is at USD 4700
CPO is at RM2300
Crude Oil @ USD 52

everything is too early in my opinion!!!

chyaw
post Apr 13 2009, 03:51 PM

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Today's news on GM:

WASHINGTON (AFP) - - The US Treasury Department has told General Motors to make all necessary preparations for a possible bankruptcy filing by June 1, even though the troubled automaker insists it can restructure its business on its own, The New York Times reported.

Citing unnamed people "with knowledge of the plans," the newspaper said the instructions had been conveyed by members of President Barack Obamas automotive task force, who spent last week in meetings and on conference calls with GM in Detroit and Washington.

The talks are expected to continue this week, the report said.

According to the paper, the goal is to prepare GM for a fast "surgical" bankruptcy.

The automaker already has been granted 13.4 billion dollars in federal aid, and its managers are insisting the company's image should not be damaged.

The preparations are aimed at assuring a GM bankruptcy filing is ready should the company be unable to reach agreement with bondholders to exchange roughly 28 billion dollars in debt into equity in GM and with the United Automobile Workers union, which has balked at granting concessions without sacrifices from bondholders, The Times said.

mo_meng
post Apr 13 2009, 03:51 PM

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i already fear last week liao .. i also dumped my shares
but i do keep so call long term/good div counter just incase it dont go down
kmarc
post Apr 13 2009, 03:52 PM

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QUOTE(chyaw @ Apr 13 2009, 03:50 PM)
My fear started last Friday. That's why dump my long term shares also. I think it is too early for KLCI to hit above 930.
*
I think KLCI will go down once there are bad news. At the moment, everybody is feeling bullish......
ABC2020
post Apr 13 2009, 03:52 PM

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yeah... 3k coming
! Love Money
post Apr 13 2009, 03:54 PM

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QUOTE(chyaw @ Apr 13 2009, 03:51 PM)
Today's news on GM:

WASHINGTON (AFP) - - The US Treasury Department has told General Motors to make all necessary preparations for a possible bankruptcy filing by June 1, even though the troubled automaker insists it can restructure its business on its own, The New York Times reported.

Citing unnamed people "with knowledge of the plans," the newspaper said the instructions had been conveyed by members of President Barack Obamas automotive task force, who spent last week in meetings and on conference calls with GM in Detroit and Washington.

The talks are expected to continue this week, the report said.

According to the paper, the goal is to prepare GM for a fast "surgical" bankruptcy.

The automaker already has been granted 13.4 billion dollars in federal aid, and its managers are insisting the company's image should not be damaged.

The preparations are aimed at assuring a GM bankruptcy filing is ready should the company be unable to reach agreement with bondholders to exchange roughly 28 billion dollars in debt into equity in GM and with the United Automobile Workers union, which has balked at granting concessions without sacrifices from bondholders, The Times said.
*
how bout investor and shareholder money?
panasonic88
post Apr 13 2009, 03:55 PM

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QUOTE(ABC2020 @ Apr 13 2009, 03:52 PM)
yeah... 3k coming
*
another happy man rclxms.gif
ABC2020
post Apr 13 2009, 03:56 PM

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3k only peanut gain....
kmarc
post Apr 13 2009, 03:58 PM

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QUOTE(ABC2020 @ Apr 13 2009, 03:56 PM)
3k only peanut gain....
*
Peanut for you but banana for some of us..... drool.gif

LCL at 0.600 roadblock! rclxms.gif

Edit : Oopss... spoke too soon.. roadblock gone! thumbup.gif

This post has been edited by kmarc: Apr 13 2009, 03:59 PM
panasonic88
post Apr 13 2009, 03:58 PM

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sai lang, sai lang laugh.gif
chyaw
post Apr 13 2009, 03:59 PM

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I don't know whether this is a good news or bad news... sweat.gif
Just share with you guys...

QUOTE(! Love Money @ Apr 13 2009, 03:54 PM)
how bout investor and shareholder money?
*
ABC2020
post Apr 13 2009, 04:01 PM

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wah... LCL up up up.. today so lucky for me. both mulpha and LCL break the resistance


Added on April 13, 2009, 4:04 pmlcl next target... 70 sen

This post has been edited by ABC2020: Apr 13 2009, 04:04 PM
kmarc
post Apr 13 2009, 04:04 PM

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QUOTE(ABC2020 @ Apr 13 2009, 04:01 PM)
wah... LCL up up up.. today so lucky for me. both mulpha and LCL break the resistance


Added on April 13, 2009, 4:04 pmlcl next target... 70 sen
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LCL more than 40 continuous buy! Almost to my ABP!!! rclxms.gif

Edit : And no more obvious roadblock ahead! rclxms.gif

This post has been edited by kmarc: Apr 13 2009, 04:06 PM
SKY 1809
post Apr 13 2009, 04:05 PM

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QUOTE(ABC2020 @ Apr 13 2009, 04:01 PM)
wah... LCL up up up.. today so lucky for me. both mulpha and LCL break the resistance
*
Your patience finally pays biggrin.gif

Mulpha is going to be top 1 counter tomorrow hmm.gif
ABC2020
post Apr 13 2009, 04:06 PM

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that good ya... next time must average down


Added on April 13, 2009, 4:09 pm
QUOTE(SKY 1809 @ Apr 13 2009, 05:05 PM)
Your patience finally pays  biggrin.gif

Mulpha is going to be top 1 counter tomorrow hmm.gif
*
Let hope that happen loh... and hit ur target 39 sen

This post has been edited by ABC2020: Apr 13 2009, 04:11 PM
chyaw
post Apr 13 2009, 04:12 PM

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For those that interested in Axiata...

KUALA LUMPUR, April 13 - Malaysia's mobile phone operator Axiata Group <AXIA.KL> will be in a position to start paying dividends in 2011, a local newspaper reported on Monday quoting the company's chief executive officer.

"I'm not declaring this but in 2011, as a total group, we will be cash positive. So we will be in a position to do that," said Axiata's Jamaludin Ibrahim.

Axiata was formerly known as TM International.

kmarc
post Apr 13 2009, 04:13 PM

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QUOTE(chyaw @ Apr 13 2009, 04:12 PM)
For those that interested in Axiata...

KUALA LUMPUR, April 13 - Malaysia's mobile phone operator Axiata Group <AXIA.KL> will be in a position to start paying dividends in 2011, a local newspaper reported on Monday quoting the company's chief executive officer.

"I'm not declaring this but in 2011, as a total group, we will be cash positive. So we will be in a position to do that," said Axiata's Jamaludin Ibrahim.

Axiata was formerly known as TM International.
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Hmmm... then it is not a good counter to buy to hope for capital appreciation. Just in case it goes against you, you'll become an accidental long-term investor without any dividends!!!! sweat.gif sweat.gif
Neo18
post Apr 13 2009, 04:14 PM

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why is market moving up? i'm so confused!!!
Suicider
post Apr 13 2009, 04:15 PM

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wakaka, CI turn green d....

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