KL Market

The markets have been wrought with worries about a few EU countries and the Euro currency which have rattled global equity markets. Sovereign debt credit default swaps have been rising sharply for countries such as Greece and Portugal in recent days. Equity markets in Spain, Portugal, and Hungary are down more than 5% today alone. Below Bespoke highlighted the year to date performance and perf……
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Its confirmed, the next seminar will be held very soon. This time I have invited two notable chartists to join me as guest speakers. They will be presenting their technical views on markets and stocks. Following that I will be questioning technicals’ ability to trade, predict and its viability - what it can do and what it can’t. That will form one-third of the seminar content. Details will be up ……
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Mudajaya had a ballistic 6 months run up, and thats largely due to their moving up a level from plain construction into power plants business. Mainly they have expanded overseas successfully. Protasco is a bit like Mudajaya albeit 2-3 years behind. Its construction business is solid with 3 concessions, and they have ventured successfully into education, much like KPJ, where they have put a platfor……
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Just got back to the country …. a lot interesting stuffs going on this week. Not going repeat them here as I’m the laggard while most of you already know everything. My trip was too exhausting, I felt asleep every night in less than counts of three. Nevertheless, the big worthy news out there that I need to briefly mention is from what I read in old papers on the plane were(i) markets were busy ……
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On Business Times:Fountain View ex-director, ex-remisier finedPublished: 2010/02/06FORMER director of Fountain View Development Bhd, Datuk Chin Chan Leong, was fined RM1.3 million or in default of 13 months’ jail as well as sentenced to serve one day in prison for manipulating the share price of the company seven years ago.Chin pleaded guilty yesterday to the offence committed between November 18 ……
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Interesting article and comments on Asian budget carriers: Crowded skies squeeze Asia’s budget carriers ( posting is for personal references)SINGAPORE: Asian airlines, particularly budget carriers, may be taking off on a high-risk strategy — ordering hundreds of aircraft to offer new routes and more flights, just as growth in low-cost travel is seen slowing, according to Reuters.Over the next fiv……
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Sometimes when you have your local coffee at the kopi tiams (or as we now know them as Old Town, Pappa Rich … there should be a new chain called Very Old Town or even Ancient Town soon, or how about Mommie Dearest, Who’s Your Real Daddy Kopi-tiam..). But I digress. Sometimes even you try to engage in coffee shop talk, the topic aren’t interesting enough. Here are my views on various business iss……
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Those who have the iPhone will know what I am talking about. Once you have it, you’d never want to use any other phone. I survived the Blackberry sentence for 2 years, its no fun. The iPhone is the best ever, its a lot of fun, and its like having an iPod as well. Buy the docker/player and you have a good sound system while charging your phone as well. The iPhone’s strength is also its main weaknes……
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The sole shareholder of JCY, Mr. Yong Yoon Kiong, is offering for sale 25.95% of his shareholdings in JCY, consists of 520m shares in an IPO to investors. Of the 520m shares on offer, 470m shares will be offered to institutional investors and 60m shares will be offered to employees and the Malaysian public. The indicative offer price at RM2.00 per share is approximately 20x FY09 P/E. The Retail Of……
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27th Jan 2009: MSWG says not a fair price, reject it“We believe EONCap has not fully expounded its value yet. Although the bank’s ROE (return on equity) is lower than (that of) other banks, we do not think it is doing very badly either. If you look at the company’s fundamentals, it has the potential to grow,” she told The Edge Financial Daily yesterday.Bushon said based on MSWG’s estimat……
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