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2014-10-11 15:03 | Report Abuse
Errrrr. ... in case you have not noticed the QE has just been ended...
2014-10-11 14:55 | Report Abuse
Looks like more than the DOW's psychological support has been broken
While its back is still ok and holding at this moment... but think there will be more pain ahead as vultures in the US of A are shorting the startups, the small cos, the medium sized and the big names for a couple of days already now..... and likely to go on..
2014-10-11 09:40 | Report Abuse
Looks like more than the DOW's phycological support has been broken
While its back is still holding but think there will be more pain ahead as vultures in the US of A are shorting the startups, the small cos, the medium sized and the big names for a couple of days already now.....
2014-10-10 14:26 | Report Abuse
Posted by AhMoi > Oct 10, 2014 08:30 AM | Report Abuse X
Be careful market has never accorded RHB that kind of valuation ie 10+
It is an internal valuation for the merger purpose.... ask yourself if the value/market price of the new bank can ever reach the value now given under the merger exercise? ???
Posted by AhMoi > Oct 10, 2014 09:16 AM | Report Abuse X
Say, A's market value as accorded by the market all this while is 300k,
B's 100k
Now they want to merge and value themselves, themselves. .. oh.... A is worth 500k, B is worth 250k
And, they set up a new co C... ask yourself will the market value of C be suddenly 750k???? 350k more over 400k just like that...
MBSB has gone up cause its shareholders will be receiving cash
RHB CIMB shareholders all will be receiving shares in the new bank.. will this new bank value be 750k or 400k?? Market now says it is still 400k
2014-10-10 14:02 | Report Abuse
See any counters which may offer a good technical rebound play??
2014-10-10 09:33 | Report Abuse
Posted by AhMoi > Oct 10, 2014 08:30 AM | Report Abuse X
Be careful market has never accorded RHB that kind of valuation ie 10+
It is an internal valuation for the merger purpose.... ask yourself if the value/market price of the new bank can ever reach the value now given under the merger exercise? ???
Posted by AhMoi > Oct 10, 2014 09:16 AM | Report Abuse X
Say, A's market value as accorded by the market all this while is 300k,
B's 100k
Now they want to merge and value themselves, themselves. .. oh.... A is worth 500k, B is worth 250k
And, they set up a new co C... ask yourself will the market value of C be suddenly 750k???? 350k more over 400k just like that...
2014-10-10 09:32 | Report Abuse
Posted by AhMoi > Oct 10, 2014 08:30 AM | Report Abuse X
Be careful market has never accorded RHB that kind of valuation ie 10+
It is an internal valuation for the merger purpose.... ask yourself if the value/market price of the new bank can ever reach the value now given under the merger exercise? ???
Posted by AhMoi > Oct 10, 2014 09:16 AM | Report Abuse X
Say, A's market value as accorded by the market all this while is 300k,
B's 100k
Now they want to merge and value themselves, themselves. .. oh.... A is worth 500k, B is worth 250k
And, they set up a new co C... ask yourself will the market value of C be suddenly 750k???? 350k more over 400k just like that...
2014-10-10 09:30 | Report Abuse
Posted by AhMoi > Oct 10, 2014 08:30 AM | Report Abuse X
Be careful market has never accorded RHB that kind of valuation ie 10+
It is an internal valuation for the merger purpose.... ask yourself if the value/market price of the new bank can ever reach the value now given under the merger exercise? ???
Posted by AhMoi > Oct 10, 2014 09:16 AM | Report Abuse X
Say, A's market value as accorded by the market all this while is 300k,
B's 100k
Now they want to merge and value themselves, themselves. .. oh.... A is worth 500k, B is worth 250k
And, they set up a new co C... ask yourself will the market value of C be suddenly 750k???? 350k more over 400k just like that...
2014-10-10 09:16 | Report Abuse
Say, A's market value as accorded by the market all this while is 300k, B's 100k
Now they want to merge and value themselves, themselves. .. oh.... A is worth 500k, B is worth 250k
And, they set up a new co C... ask yourself will the market value of C be suddenly 750k???? 350k more over 400k just like that...
2014-10-10 08:30 | Report Abuse
Be careful market has never accorded RHB that kind of valuation ie 10+
It is an internal valuation for the merger purpose.... ask yourself if the value/market price of the new bank can ever reach the value now given under the merger exercise? ???
2014-10-09 12:49 | Report Abuse
ya
results of newly acquired companies, Newfields etc which are already producing oil at the moment will definitely be hit by the drop in the crude oil prices at the moment..... and also long term oil prices down trending...
results of previously acquired marginal fields etc in Malaysia which will be producing oil in future will definitely be hit even harder by the drop in the crude oil prices in future when the USA started to export its shale oil...
2014-10-09 09:34 | Report Abuse
Well, the problem now is I could be right, you could be right, everyone could be right..... and wrong at the same time
Totally hate it when things are so freaking complicated... and not straightforward.... to just stand aside, let it go and go for a facial instead??
Long wait and complication always mess up my complexion
2014-10-09 09:21 | Report Abuse
Think so..... cos Mitsui is pulling out of this project... and you can't bring in now a new technical guy at this advance stage..... and tuajaya has been involved with this project long time
2014-10-09 08:31 | Report Abuse
The DOW was up last night due 100% to the FED minute..... it is well known it is the FED that is supporting the DOW.... but that support will be no more soon.... so is the up sustainable????
2014-10-09 08:16 | Report Abuse
Hi nordi very long posts.... took long time to read ler
The part where KLCI may go down to 1700 does not tally with your post on AZRB, one down one up??
There were goodies in the 2015 budget in Jan.... but by May 50% of them gone due to very low palm oil prices.... and by Sep 100% of them gone due to very low crude oil prices.... a double whammy for Malaysia... can't be good and will be worst if manufacturing also hit due to low demand from China EU as they are in deep shit especially EU
Don't know about Nikkei.. could well be the effects of weak Yen. .... but pretty sure Shanghai is up due to all the funds there have gone into the share market now due to the property market in China has collapsed......
The FED no longer refer to the job data cause it is not reliable??
2014-10-08 15:17 | Report Abuse
Hi nordi... what have happened to the part on... "Keep an eye on the big markets" ?? ; )
2014-10-08 15:15 | Report Abuse
OK you didn't see the big drop coming.... do you see a big rebound coming anytime soon??
2014-10-08 12:02 | Report Abuse
tan teng boo says companies which have not seen a FPSO their whole life...... then suddenly just went and bought an old junk..... then only look for a contract..... after finally got contract then ask for huge amount of money to try to convert the junk to FPSO... just ain't gonna cut it.... or something like that
ain't gonna cut it.... but anyway gonna ask for huge amount of money to try to convert the old junk to FPSO.... FROM YOU
2014-10-08 11:56 | Report Abuse
ya
results of newly acquired company, Newfield's etc which are already producing oil at the moment will definitely be hit by the drop in the crude oil prices at the moment... and long term oil prices down trend
results of previously acquired marginal fields etc in Malaysia which will be producing oil in future will definitely be hit even more by the drop in the crude oil prices in future when the USA started to export its shale oil...
2014-10-08 11:15 | Report Abuse
When Quek Leng Chan came in the price was just around 40 to 50 sen. He was expected to do wonder to this counter but upto today.... nothing
so will the price be back to 50 60 sen??
2014-10-08 09:22 | Report Abuse
Someone was saying impossible to drop to 3.80, there you go.
2014-10-07 17:30 | Report Abuse
tan teng boo says companies which have not seen a FPSO their whole life...... then suddenly just went and bought an old junk.. then only look for a contract.. then ask for huge amount of money to try to convert it to FPSO... just ain't gonna cut it.... or something like that la
the ask for huge amount of money to try to convert the old junk to FPSO.... this part involve you la
2014-10-07 15:07 | Report Abuse
HaHa tuajaya has not been this impressive for a while now...
a green in the sea of red
mr k would be so proud...... if if if he had not bought a load more at 2.40
2014-10-07 08:19 | Report Abuse
I want to be a millionaire for long long time, for forever
Not the boom burst boom burst boom burst variety
2014-10-03 13:50 | Report Abuse
Azmi yes I saw your post on the income and expenses of the plantation operation. ..
2014-10-03 13:48 | Report Abuse
This is leaving no room for one to be positive for at least the next 6 months. ...
http://www.theedgemalaysia.com/mobile/article.php?id=310236
2014-10-03 12:06 | Report Abuse
a bit of calculation error, but the idea is there......
think RHB will see to it that SKPETRO price will stay low till the maturity of the SKPETRO-CS on 24-10-2014
2014-10-03 11:46 | Report Abuse
still have some ler...
precisely.... good news expected.... bad news a surprise...
think insiders knew the Indonesia plantation is the brake that has been pulling back AZRB...
2014-10-03 11:36 | Report Abuse
I am not saying 0.70 is not possible... I am just wondering when after it has fell to that level, will it go back up again
AZRB was looking good, but is mixed now as far as I am concerned in view of the weak palm oil prices
If AZRB were to drop to 0.70 there would have been some changes to its fundamentals which will take a bit of time to heal
2014-10-03 09:31 | Report Abuse
0.70?!? O..... juicy...
But even as the gap up is no more... there is already some permanent damage on AZRB
If the price in fact went down to 0.70 how long do you think it will take for AZRB to go back up to 0.80 again??
2014-10-03 08:52 | Report Abuse
just breaking the psychological support or the DOW's back.... ???? Well looks like the verdict is not out just yet ...
chasing EU markets ?? EU markets were not spared the drop too.... even more..
anyway, nordi, come your end Oct the best window to buy AZRB time, what low price for AZRB are you talking about???
2014-10-02 17:42 | Report Abuse
just breaking the psychological support or the DOW's back.... ????
2014-09-30 15:31 | Report Abuse
ya... the wait is starting to affect my complexion..... have to go for facial...
2014-09-30 12:54 | Report Abuse
i3i2i1..... all this long wait is starting to affect my complexion.....
2014-09-30 12:50 | Report Abuse
stale bull means you have waited waited waited...... waited waited waited..... !@#$%^&(*() waited some more... and now +_)(**&^^%$$@@! beh tahan liao.... and freaking giving up hope on AZRB and want to sell liao
2014-09-30 12:47 | Report Abuse
hansolo.. english la...
stale = basi in BM...
2014-09-30 12:19 | Report Abuse
another once, rather recently, hot blooded bull turned stale bull and giving up on AZRB ................................
2014-09-29 12:22 | Report Abuse
HaHa you say hello, and I say bye bye? what give you this impression??
2014-09-29 11:39 | Report Abuse
...... the rights issue as the proceeds will be utilised to propel the growth of Bumi Armada going forward. We also reiterate our positive view on floating production systems and believe that Bumi Armada is in a good position to take advantage of the continuous demand for FPSOs.
2014-09-29 11:25 | Report Abuse
what the........ why such a long queue to sell at 0.765???
2014-09-28 18:25 | Report Abuse
Ya.. especially the one, you know, which already has a lot and very likely to get more.... ; )
Anyway turned out that little bomb just broke the phycological support not the DOW's back ... and just for a day
2014-09-27 19:12 | Report Abuse
commodities prices all round 5 year low.... properties prices falling from Singapore to Shanghai... QE ending Oct... interest % going up.... etc etc etc etc etc and many more...
at time like this, cheap stocks may not be the best stocks to get into.... defensive stocks with projects in hand that can last last 2 3 4 years just nice for the next up cycle are better bets....
2014-09-26 16:19 | Report Abuse
collect cheap stocks... no reservation??? commodities prices all round 5 years low.... properties prices falling,,, QE ending Oct.... etc etc etc etc etc and many more
2014-09-25 18:04 | Report Abuse
lotus.... tells me you are a fair skinned girl
spinning.... well, spinning shows that you want to be the focus of attention
2014-09-25 17:53 | Report Abuse
HaHaHa...... forget about your trade secret la...... are you pretty? ; )
2014-09-25 17:46 | Report Abuse
by the way you posted on your profits wrongly and the way you are jealous..... I think you could well be a dumb girl
2014-09-25 17:42 | Report Abuse
by the way you are jealous, I think you could well be a girl
Blog: The psychological phenomena of panic sell market
2014-10-11 15:13 | Report Abuse
vultures in the US of A are not shorting the markets because they think the markets will go up....
They think the markets will go down ... if not they will make sure the markets will go down... believe me they have the capabilities to do just that. ..
Posted by AhMoi > Oct 11, 2014 02:55 PM | Report Abuse X
Looks like more than the DOW's psychological support has been broken
While its back is still ok and holding at this moment... but think there will be more pain ahead as vultures in the US of A are shorting the startups, the small cos, the medium sized and the big names for a couple of days already now..... and likely to go on..