KL Market

(Click on the table to view the results)No major comments this month. Just added $ 888 saving for the month of August 2009. Nothing very sexy about my Turtle portfolio, just the same boring $ 888 saving every month, just buy at the regular interval for some boring stocks. You must be wondering why sometimes we pay so much money to fund managers, right?……
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More funds allocated to local equities, then it should boost equities right!?? Err, well, no actually. The Malaysian exchange is a relatively open exchange, funds can move in and out. If you want to “engineer” a higher market, then do like China, restrict the way foreign funds can move, restrict even more the way locals can invest, make it difficult to invest overseas.You can establish more local ……
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Here’s a financial news report that should win an award!YHS’ 2Q net profit up 27-foldWritten by Loong Tse MinFriday, 31 July 2009 10:54PETALING JAYA: Drinks and food products maker YEO HIAP SENG (M) BHD (YHS) posted a 27-fold jump in net profit to RM2.1 million in its second quarter (2Q) ended June 30 from RM79,000 a year earlier, mainly due to higher sales in all sectors, festive sales in Indon……
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Posted a few days ago: Comments On IOI’s Right Issue: Version IINow from an investor point of view, we all knew that IOI said it made huge profits the last year. More precisely from quarterly earnings ended 31/12/2007 to quarterly earnings ended recently on 31/3/2009, IOI said it made some 2.276 Billion in net earnings.And yet the company said it wants to raise some 1.2 billion in a new rights iss……
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The sharp outperformance by emerging markets in general compared to developed markets have rankled some experts in the US. They would cite that the outperformance is unfair, that emerging markets are loaded with huge risks - yea.. thanks for the subprime fucking mess dudes … low risk indeed.According to the MSCI Emerging Market Index, emerging markets stocks have gained 80% to July 27 since it r……
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Today’s post is for traders only. There was a huge Shanghai Composite Index declined yesterday - 5%!. It was obviously that the traders were leaving their marks on the bloody scene. There was a huge downside gap from 3,300 to 3,100 plus sometime in June 2008, a huge fear factor. Now the market is going back to face the same fear, if they can clear this fear, My Lord, they will feel that they are i……
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On CNBC: Weak Treasury Auctions Raise Worries About US Debt BurdenThe U.S. Treasury sold $39 billion in five-year debt Wednesday in an auction that drew poor demand, raising worries over the cost of financing the government’s burgeoning budget deficit.It was the second lackluster showing in as many days, convincing analysts that the stellar results of debt auctions just a few weeks ago were a fluk……
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Well, that should not even be a question, its a fact. The question should be for how long. Just because a market is considered expensive, does not mean one should get out immediately. It will be a tug of war. A bubble is usually because there is a concentration of liquidity and a flush of liquidity, as explained numerous times in this blog. Yesterday saw China markets doing a whipsaw, falling dram……
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Here’s an interesting report: The End Of Recession?And Calculated Risk posting in response is worth reading too. A Few Comments on Housing Reports ……
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[nggallery id=3] This post follows our interview post with Quill Capita Trust. Here is a snapshot of Quill Capita’s property portfolio as at 31 December 2008.

Name
Description
NLA (sq ft)
Market Value (RM’million)
Occupancy Rate (%)

Quill Building 1 - DHL 1
4-storey office building together with a sub-basement and a basement ………
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