KL Market

On Thursday, the Dow went up 200 points, nobody made a fuss. The Dow went down on Friday and everybody starts asking question. I am not saying its not important, but markets do go up and down. We have to look at the actual catalyst that caused the down movement. Is it part and parcel of trading volatility or something bigger and more sinister? There is nothing sinister, its just part and parcel of……
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On Thursday, the Dow went up 200 points, nobody made a fuss. The Dow went down on Friday and everybody starts asking question. I am not saying its not important, but markets do go up and down. We have to look at the actual catalyst that caused the down movement. Is it part and parcel of trading volatility or something bigger and more sinister? There is nothing sinister, its just part and parcel of……
Go to Malaysia Finance

Hektar REIT is one of the higher yielding REITs on Bursa Malaysia.

Having sank to a low of RM0.73 during last year’s meltdown, its unit price has since gained some 44% to close at RM1.05 yesterday. Even at the current price of RM1.05, Hektar’s distribution yield works out to be 9.7%, ………
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Posted exactly a week ago, 24th Oct 2009. Should You Be Worried With All These Bank FailuresThe tally of bank failures easily broke past the No. 100 milestone on Friday night, with regulators announcing the year’s 106th closure.A week ago, there were 106 bank failures.Today the today is 115!9 banks in major holding company failNEW YORK (CNNMoney.com) — Nine subsidiaries of FBOP Corp., a multistat……
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Saw this announcement on Bursa website.The Company had on 18 September 2009 announced that the Company has failed to meet its interest payment of RM1,643,806.85 due and payable on 17 September 2009 in respect of the Facility Agreement dated 9 September 2005 between EON Bank Berhad, CAPONE Berhad and OILCORP under a Primary Collateralised Loan Obligation (“CLO”) Transaction (“Facility”).The……
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Mark Hulbert who tracks stock market newsletters highlighted some interesting points:Dow at 9962 points, stock market timers advised their clients to allocate only 19.4% to equity, almost 80% out of market.Many were very quick to take profit, when the market dropped by 3.3% maximum started a few weeks ago, they cut equity exposure from 42% to 19%. Interesting.Such eagerness to get out of stocks in……
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The US economy is back on growth path again. The bearish camp will continue to argue weak employment lead to weak spending, economy on stimulus steroid, unrecognized write down will bring down the stock markets. I would at this point searching for hints of governments plan to remove excess liquidity rather than making good bearish arguments. S&P closed at 1066, up by 60% from mid March ‘09(666). T……
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Posted this morning: Kosmo’s Directors Shocking Fine!!Now do you know that when Kosmo was trading at a high of 8.50, Kosmo number had some 129.296 million shares.Which meant that Kosmo was trading with a market capital of over 1 Billion Ringgit! Now Kosmo is delisted!Oh yeah, how do you make a stock with a market capital of 1 billion disappear? Oh yeah, two directors were fined 257,300!!!!!!!!!!……
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See you tomolo …………..
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After cutting rates by 1.5% during November 2008-March 2009, Bank Negara has kept interest rates unchanged starting Q2 2009. Since cutting rates too low has its risks , the central bank has focused more on improving “credit access” in the economy. Deflationary pressures, large output gap, low resource utilization and a sluggish recovery will help the central bank to remain on hold until sometime i……
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