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About KLSEHi, everbody know where to download Free Mobile Stock in real time??
either 3G or GPRS…
What do you guy think about Old Town gong for listed?
Dear All,
Am doing a project that needed to analyse the UMNO linked companies.
But, 1st of all can anyone tell me how to determine if the companies listed on Main Board is UMNO linked companies.
My supervisor suggests me to read a book from JOMO but I have yet to obtain the book.
Please assist.
THanks.
[B]Hi everybody..
How about this stock, its maintaing its divident pay out every year. Same class with JADI and KELADI but its price still lower than those.
Any opinion to be shared ???
KUALA LUMPUR, Feb 6 (Bernama) — Share prices on Bursa Malaysia are likely to be higher next week as the coming Chinese New Year celebrations will provide a catalyst to the market, dealers said.
However, cautious sentiment will still prevail with interest confined to lower liners, said OSK Research head Chris Eng.
Analysts said that concern over the pace of global economic recovery due to a string of bearish economic data will continue to haunt investors.
They said the rising unemployment data in the United States and rising sovereign debt woes in Europe prompted investors to shun riskier investments.
“As for Malaysia, sentiment will also be cautious in the midst of the former deputy prime minister Datuk Seri Anwar Ibrahim sodomy trial. Besides that, political developments will also be closely watched,” said an analyst from a local stockbroking company.
During the week, Bursa shares kicked off at the beginning of the week on a high note as gains on Wall Street and positive US economic news helped to lift market sentiment.
However, the shares drifted lower on Thursday after two days of gain as weaknesses on Wall Street and regional bourses weighed down sentiment.
Global concern that the pace of global economic recovery could be derailed following an unexpected slowdown in Australia’s retail sales and the high level of unemployment rate in New Zealand also rattled market sentiment.
On Friday, share prices on Bursa Malaysia ended the week lower with the key barometer falling to its lowest point since Nov 4 last year, dragged down by losses in heavyweights with sentiment affected by sharp losses on Wall Street and regional bourses.
For the week just ended, the FTSE Bursa Malaysia Kuala Lumpur Composite Index (FBM KLCI) dropped 11.2 points to 1,247.9 from 1,259.16 last Friday.
This week, the Finance Index lost 136.06 points to 10,942.73 from 11,078.79 last Friday.
The Plantation Index fell 39.08 points to 6,149.05 from 6,188.13 last Friday while the Industrial Index was 10.36 points lower at 2,575.68 compared to 2,586.04 last Friday.
The FBM Emas Index went down 78.47 points to 8,405.53 from 8,484 last Friday.
The FBM Top 100 declined 76.01 points to 8,173.31 from 8,249.32 last Friday while the FBM ACE Index lost 67.2 points to 4,314.63 from 4,381.83 previously.
Total turnover dropped 3.332 billion shares worth RM4.99 billion from 5.23 billion shares worth RM7.66 billion last week.
Volume on the Main Market declined to 2.781 billion shares worth RM4.896 billion from 4.14 billion shares valued at RM7.5 billion last week.
Call warrants volume went down to 137.595 million units worth RM22.408 million from 193.12 million units worth RM37.04 million last week.
The ACE Market volume fell to 336.747 million shares worth RM49.165 million from 558.8 million shares valued at RM93.18 million last week.
– BERNAMA
By Dr. Steve Sjuggerud
Personally, I have just one rule: Avoid big mistakes.
If I do that, I know I’ll be fine. I know I won’t “blow myself up” in my investments. Knowing that gives me peace.
I can’t believe how many brilliant, successful people fail to do this one simple thing… and lose what they have… or even lose everything.
Look, if you do nothing else, remember this: Avoid big mistakes. And the biggest of the big mistakes is STILL DANCING when the music stops.
Get the heck out of there, my friend! If you’re a little late to realize it, then STILL get out. Better late than never. Let me show you what I mean…
Chuck Prince, the former CEO of Citigroup, is a perfect example of a guy who kept on dancing…
In the summer of 2007, just as the banking crisis was getting underway, Chuck actually told the Financial Times he was “still dancing.”
About the banking business, Chuck said, “When the music stops, in terms of liquidity, things will be complicated. But as long as the music is playing, you’ve got to get up and dance. We’re still dancing.”
But the music had already stopped when he was speaking. Shares of Citigroup are down 93% since he said that… just a year and a half ago. And Chuck lost his job less than four months later.
I’ve also seen it close to home…
Most of the wealthy investors where I live made their fortunes in local real estate that’s Florida real estate.
The music stopped in Florida real estate a few years ago… But even today, they’re STILL dancing. If they had acknowledged the music stopped early, they might have been able to keep much of their wealth.
I could go on, with examples throughout history… from Sir Isaac Newton in the 18th century South Sea Bubble to George Soros in the 2000 tech bubble.
The message today is incredibly simple…
When the music stops, STOP DANCING.
Get off that dance floor… and do it fast. Do NOT allow small mistakes to become big ones.
It sounds simple. But as I briefLook, if you do nothing else, remember this: Avoid big mistakes. And the biggest of the big mistakes is STILL DANCING when the music stops.
Get the heck out of there, my friend! If you’re a little late to realize it, then STILL get out. Better late than never. Let me show you what I mean…
Chuck Prince, the former CEO of Citigroup, is a perfect example of a guy who kept on dancing…
In the summer of 2007, just as the banking crisis was getting underway, Chuck actually told the Financial Times he was “still dancing.”
About the banking business, Chuck said, “When the music stops, in terms of liquidity, things will be complicated. But as long as the music is playing, you’ve got to get up and dance. We’re still dancing.”
But the music had already stopped when he was speaking. Shares of Citigroup are down 93% since he said that… just a year and a half ago. And Chuck lost his job less than four months later.
I’ve also seen it close to home…
Most of the wealthy investors where I live made their fortunes in local real estate that’s Florida real estate.
The music stopped in Florida real estate a few years ago… But even today, they’re STILL dancing. If they had acknowledged the music stopped early, they might have been able to keep much of their wealth.
I could go on, with examples throughout history… from Sir Isaac Newton in the 18th century South Sea Bubble to George Soros in the 2000 tech bubble.
The message today is incredibly simple…
When the music stops, STOP DANCING.
Get off that dance floor… and do it fast. Do NOT allow small mistakes to become big ones.
It sounds simple. But as I briefly showed, even the smartest people succumb to it.
We are all vulnerable to the risk. So you must make a conscious choice here… you must tell yourself you will never let a small loss become a big one.
ly showed, even the smartest people succumb to it.
We are all vulnerable to the risk. So you must make a conscious choice here… you must tell yourself you will never let a small loss become a big one.
You can use whatever “system” works for you to reinforce this idea: stop losses, trailing stops, NOT averaging down a losing position, NOT taking too big a position in anything.
I actually use all of the above.
Whatever works for you, do it. The important thing is, do NOT let a small loss become a big one.
Want to be just fine, forever, in your investments? Then don’t forget my one rule… Avoid big mistakes!
We’re out of the woods with this financial crisis…
That’s my best guess at least, based on a study of the major financial crises through history.
The recent book This Time is Different: Eight Centuries of Financial Folly, by Kenneth Rogoff and Carmen Reinhart, takes a look at the history of major financial crises…
Boiling the book down to its simplest conclusions, here’s what happens after a banking crisis:
Home prices and stock prices collapse dramatically over the course of several years.
The economy tanks and unemployment rises dramatically.
Government debts soar.
The book gives specific timelines based on history… It tells us how far things fall and how long these things last. And it gives us a pretty good idea of what to expect going forward.
Let’s look at a few of their conclusions more specifically, starting with stocks…
Stock Prices
The authors found that real stock prices typically fall 56% over three and a half years, on average. In the current financial crisis, stocks already fell a bit more than that, in a much shorter period of time, bottoming in March 2009. Then they rallied dramatically.
Is the worst over in stocks? Or is another leg down coming?
I personally believe the worst is over.
At first, the crisis blindsided us, so the effect was dramatic. Now we’re aware… more sober… So I think the lows we saw in March 2009 will be the ultimate lows for this crisis in stocks.
Home Prices
The authors found real home prices typically fall 35% over six years. This time around, home prices (like stocks) fell a bit more than the authors’ average in a much shorter period of time.
Like stock prices, home prices have been recovering.
Is the worst over? Or did the recent home-buyer tax credit prop prices up?
I think the worst is over. I think we’ve seen the lows. But home prices may do basically nothing for many years.
Unemployment
According to the authors, unemployment typically rises by seven percentage points in a banking crisis… and unemployment stays “bad” for four years. So far, unemployment has risen by about five percentage points, and we’re two years into this thing. So if the authors are right, unemployment could hit 12% and last two more years.
Government Debt
The authors state that government debt explodes by 86% above pre-crisis levels, on average. In the current crisis, quite frankly, I have no idea how much government debt has REALLY exploded. Nobody can know that answer… with all the creative things going on at the Federal Reserve and the Treasury Department.
So where does that leave us?
This crisis has been worse in magnitude than most, according to the authors’ numbers. It’s also been devastatingly quick.
The good news here is that we may already be out of the woods… Stock prices and home prices have been recovering for months. And unemployment has leveled off in the 10% range.
The bad news is the government’s explosion in debts. But risks associated with that won’t likely come home to roost in the next couple of years. That’s a topic for another day.
In short, based on past crises, it’s easy to make an optimistic case that the worst is behind us in the economy.
Click here to know more about this book!
Hi…Happy CNY.Sorry for asking a silly question.I would like to buy USA company share.Where can I open account?I heard someone said u can open thru OSK investment bank.It is true?Pls give me some idea pls
General Announcement
Reference No CA-100204-59814
Company Name
:
MANGOTONE GROUP BERHAD (ACE Market)
Stock Name
:
MTONE
Date Announced
:
04/02/2010
Regularisation Sponsor
:
M&A Securities Sdn Bhd
Sponsor
:
Same as above
Type
:
Announcement
Subject
:
MANGOTONE GROUP BERHAD (Formerly Known as TecAsia Group Berhad) (MTone or Company)
- MEMORANDUM OF UNDERSTANDING
Contents
:
The Board of Directors of MTone wishes to announce that the Company had on 4 February 2010 entered into a memorandum of understanding (MOU) with Kow Cheong Heng, Tay Kiong Hann, Kow Cheon Thye and Tay Tze Yi (Collectively White Knight Shareholders) for the proposed acquisition of the entire equity interest in KCH Mining Pollution Control Sdn Bhd (KCH) in conjunction with the proposed restructuring scheme of the Company (Proposed Restructuring Scheme). The White Knight Shareholders are the shareholders of KCH. KCHs principal business activities are mining of minerals and general contracting.
The Proposed Restructuring Scheme is envisaged to encompass proposed capital reduction, proposed rights issue, proposed acquisition of KCH, proposed write off of debts and proposed debt settlement scheme with the bank and trade creditors.
The salient terms of the MOU include inter-alia, the following:-
(a) The MOU is an understanding mutually agreed to by the parties for the purpose of outlining their respective interest and intents prior to the entering of a definitive formal agreement for the proposed acquisition of KCH.
(b) The parties shall enter into a formal agreement incorporating all the terms and conditions agreed upon between the parties within thirty (30) days from the date of the MOU (or such extended time as may be agreed in writing to by the parties).
© In the event that no formal agreements are executed by the expiry of thirty (30) days from the date of the MOU (or such extended time as may be agreed in writing to by the parties), then the understanding under the MOU is terminated and neither party shall have any rights against the other.
(d) The Company shall be entitled to conduct a due diligence exercise on KCH.
The Company shall make a detailed announcement on the Proposed Restructuring Scheme which complies with the requirements under the Listing Requirements of Bursa Malaysia Securities Berhad (Bursa Securities) for the ACE Market upon the completion of the due diligence exercise on KCH and the execution of the definitive agreement(s) for the Proposed Restructuring Scheme.
The MOU may be inspected at the registered office of MTone at 3rd Floor, Block C, Kelana Square, 17 Jalan SS 7/26, 47301 Petaling Jaya, Selangor Darul Ehsan during normal office hours from Mondays to Fridays (except public holidays) for a period of three (3) months from the date of the announcement.
This announcement is dated 4 February 2010.
Hi guys,
A broker told me yesterday that this stock might increase to RM 1.
Any idea?