The USA will take the lead again for the market. Report show that USA debt is 40% lower today, lowest in the last few decades.

Great, Having said...MKland is the Darling of them all today

Asian markets suffered fresh selling pressure Monday while the dollar dipped and oil hit multi-year lows following another round of losses on Wall Street fuelled by global growth concerns.

There was little movement immediately after China released data showing a better-than-expected jump in exports and imports.

Investors are also warily watching events in Hong Kong as police begin removing barricades erected by pro-democracy protestors that have jammed up some of the city's main roads for the past two weeks.

Hong Kong lost 0.66 percent, Shanghai fell 1.05 percent, Sydney lost 0.67 percent and Seoul eased 0.65 percent.

Tokyo was closed for a public holiday.

Global markets have been sent into a tailspin in recent weeks as traders fret over the state of the global economy, with China, the eurozone and Japan struggling despite the United States clawing its way back to health.

The latest indicators on the global outlook came from Beijing Monday, with official data showing exports rose 15.3 percent year-on-year and imports climbed 7.0 percent.

The rise in exports accelerated from August's 9.4 percent and was ahead of the median forecast of 12.5 percent. The survey had predicted a fall of 2.4 percent in imports, matching a surprise decline in August.

Customs spokesman Zheng Yuesheng attributed the improvement to major economies recovering and external demand strengthening.

"The good momentum is expected to continue in the fourth quarter," he added.

- Warning over China -

But while the figures beat expectations, traders are still worried about the strength of world's number-two economy, which is a key driver of global and regional growth.

Desmond Chua, market analyst at CMC Markets, told Dow Jones Newswires the data "was a lot more disappointing than we had expected" and "cements the view that China might be in for quite a hard landing".

On currency markets, the dollar eased to 107.15 yen from 107.65 yen in New York Friday, while the euro was at $1.2683 against $1.2627.

The single currency was also at 135.61 yen, from 135.97 yen.

The Japanese yen, which is considered a safe bet in times of turmoil, has rallied over the past as equities markets have tumbled.

Wall Street's three main indexes ended in the red on Friday. The Dow fell 0.69 percent, the S&P 500 tumbled 1.15 percent and the Nasdaq slumped 2.33 percent.

In Hong Kong, police began removing some of the barricades that have clogged up parts of the city, catching some demonstrators unawares after their numbers had dwindled overnight.

However, the protesters remained at the site in Admiralty district and police said they were intent on clearing blockages to traffic rather than ending the demonstration.

While the Hang Seng initially tumbled in response to the stand-off, it recovered most of its losses as tensions have cooled, despite the city's partial shutdown.

Oil prices tumbled again on pessimism about demand for the black gold. US benchmark West Texas Intermediate for November delivery fell 94 cents to $84.87 -- its weakest for two years -- while Brent North Sea crude lost 96 cents to a four-year low of $89.25.

Gold was at $1,233.38 an ounce against $1,222.00 late Friday.

After budget, we are hit by global concern. But Asia is doing fine. Western economy not so good though, but we in Asia should do well this decade. Just temporary sentiments in the air.

Asian markets suffered fresh selling pressure Monday while the dollar dipped and oil hit multi-year lows following another round of losses on Wall Street fuelled by global growth concerns.

There was little movement immediately after China released data showing a better-than-expected jump in exports and imports.

Investors are also warily watching events in Hong Kong as police begin removing barricades erected by pro-democracy protestors that have jammed up some of the city's main roads for the past two weeks.

Hong Kong lost 0.66 percent, Shanghai fell 1.05 percent, Sydney lost 0.67 percent and Seoul eased 0.65 percent.

Tokyo was closed for a public holiday.

Global markets have been sent into a tailspin in recent weeks as traders fret over the state of the global economy, with China, the eurozone and Japan struggling despite the United States clawing its way back to health.

The latest indicators on the global outlook came from Beijing Monday, with official data showing exports rose 15.3 percent year-on-year and imports climbed 7.0 percent.

The rise in exports accelerated from August's 9.4 percent and was ahead of the median forecast of 12.5 percent. The survey had predicted a fall of 2.4 percent in imports, matching a surprise decline in August.

Customs spokesman Zheng Yuesheng attributed the improvement to major economies recovering and external demand strengthening.

"The good momentum is expected to continue in the fourth quarter," he added.

- Warning over China -

But while the figures beat expectations, traders are still worried about the strength of world's number-two economy, which is a key driver of global and regional growth.

Desmond Chua, market analyst at CMC Markets, told Dow Jones Newswires the data "was a lot more disappointing than we had expected" and "cements the view that China might be in for quite a hard landing".

On currency markets, the dollar eased to 107.15 yen from 107.65 yen in New York Friday, while the euro was at $1.2683 against $1.2627.

The single currency was also at 135.61 yen, from 135.97 yen.

The Japanese yen, which is considered a safe bet in times of turmoil, has rallied over the past as equities markets have tumbled.

Wall Street's three main indexes ended in the red on Friday. The Dow fell 0.69 percent, the S&P 500 tumbled 1.15 percent and the Nasdaq slumped 2.33 percent.

In Hong Kong, police began removing some of the barricades that have clogged up parts of the city, catching some demonstrators unawares after their numbers had dwindled overnight.

However, the protesters remained at the site in Admiralty district and police said they were intent on clearing blockages to traffic rather than ending the demonstration.

While the Hang Seng initially tumbled in response to the stand-off, it recovered most of its losses as tensions have cooled, despite the city's partial shutdown.

Oil prices tumbled again on pessimism about demand for the black gold. US benchmark West Texas Intermediate for November delivery fell 94 cents to $84.87 -- its weakest for two years -- while Brent North Sea crude lost 96 cents to a four-year low of $89.25.

Gold was at $1,233.38 an ounce against $1,222.00 late Friday.

Asia should be fine. Just temporary concern about Western economy.

Asian markets suffered fresh selling pressure Monday while the dollar dipped and oil hit multi-year lows following another round of losses on Wall Street fuelled by global growth concerns.

There was little movement immediately after China released data showing a better-than-expected jump in exports and imports.

Investors are also warily watching events in Hong Kong as police begin removing barricades erected by pro-democracy protestors that have jammed up some of the city's main roads for the past two weeks.

Hong Kong lost 0.66 percent, Shanghai fell 1.05 percent, Sydney lost 0.67 percent and Seoul eased 0.65 percent.

Tokyo was closed for a public holiday.

Global markets have been sent into a tailspin in recent weeks as traders fret over the state of the global economy, with China, the eurozone and Japan struggling despite the United States clawing its way back to health.

The latest indicators on the global outlook came from Beijing Monday, with official data showing exports rose 15.3 percent year-on-year and imports climbed 7.0 percent.

The rise in exports accelerated from August's 9.4 percent and was ahead of the median forecast of 12.5 percent. The survey had predicted a fall of 2.4 percent in imports, matching a surprise decline in August.

Customs spokesman Zheng Yuesheng attributed the improvement to major economies recovering and external demand strengthening.

"The good momentum is expected to continue in the fourth quarter," he added.

- Warning over China -

But while the figures beat expectations, traders are still worried about the strength of world's number-two economy, which is a key driver of global and regional growth.

Desmond Chua, market analyst at CMC Markets, told Dow Jones Newswires the data "was a lot more disappointing than we had expected" and "cements the view that China might be in for quite a hard landing".

On currency markets, the dollar eased to 107.15 yen from 107.65 yen in New York Friday, while the euro was at $1.2683 against $1.2627.

The single currency was also at 135.61 yen, from 135.97 yen.

The Japanese yen, which is considered a safe bet in times of turmoil, has rallied over the past as equities markets have tumbled.

Wall Street's three main indexes ended in the red on Friday. The Dow fell 0.69 percent, the S&P 500 tumbled 1.15 percent and the Nasdaq slumped 2.33 percent.

In Hong Kong, police began removing some of the barricades that have clogged up parts of the city, catching some demonstrators unawares after their numbers had dwindled overnight.

However, the protesters remained at the site in Admiralty district and police said they were intent on clearing blockages to traffic rather than ending the demonstration.

While the Hang Seng initially tumbled in response to the stand-off, it recovered most of its losses as tensions have cooled, despite the city's partial shutdown.

Oil prices tumbled again on pessimism about demand for the black gold. US benchmark West Texas Intermediate for November delivery fell 94 cents to $84.87 -- its weakest for two years -- while Brent North Sea crude lost 96 cents to a four-year low of $89.25.

Gold was at $1,233.38 an ounce against $1,222.00 late Friday.

http://finance.yahoo.com/news/china-just-overtook-us-worlds-090801574.html

See, next is China man coming in to buy all..

China man coming in to buy, sapu all!
http://finance.yahoo.com/news/china-just-overtook-us-worlds-090801574.html

Chinese coming in to buy...
http://finance.yahoo.com/news/china-just-overtook-us-worlds-090801574.html

Collected and sold at 1.93 already!

Drop 1.53 I will collect with all my wealth

Wait one more day...budget day tomorrow!!

One more day to wait....Budget day tomorrow!

http://mashable.com/2014/10/07/super-typhoon-vongfong-japan/

http://mashable.com/2014/10/07/super-typhoon-vongfong-japan/

http://mashable.com/2014/10/07/super-typhoon-vongfong-japan/

See the newspaper today? http://www.thestar.com.my/Business/Business-News/2014/10/07/Stronger-measures-urged-Govt-asked-to-further-deter-property-speculation-via-RPGT-and-stamp-duty/

Still worth the wait till budget is done

Read the Star Newspaper lately? http://www.thestar.com.my/Business/Business-News/2014/10/07/Stronger-measures-urged-Govt-asked-to-further-deter-property-speculation-via-RPGT-and-stamp-duty/

Budget time is still worth the wait.

Asia-Pacific stocks headed north except South Korean and Malaysian stocks. In particular, Hang Seng Index saw gains increase to 2%, reaching 25,236; Philippines Stock Exchange PSEi Index was last 7,216, up 1.5%; Nikkei 225 hit over 7-month high at 15,829 and last stood at 15,741, up less than 0.5%; Taiwan Weighted Index climbed 0.5% to 9,450; Shanghai Composite Index and Shenzhen Component Index moved 0.9% higher to 2,286 and 8,117 respectively.

S&P BSE SENSEX Index was last 27,164, up 0.5%, after setting a record high of $27,171; Vietnam Ho Chi Minh Stock Index rose 0.8% to 642; Stock Exchange of Thailand SET Index peaked at 1,577 and last advanced 0.4% to 1,575.

Asia-Pacific stocks headed north except South Korean and Malaysian stocks. In particular, Hang Seng Index saw gains increase to 2%, reaching 25,236; Philippines Stock Exchange PSEi Index was last 7,216, up 1.5%; Nikkei 225 hit over 7-month high at 15,829 and last stood at 15,741, up less than 0.5%; Taiwan Weighted Index climbed 0.5% to 9,450; Shanghai Composite Index and Shenzhen Component Index moved 0.9% higher to 2,286 and 8,117 respectively.

S&P BSE SENSEX Index was last 27,164, up 0.5%, after setting a record high of $27,171; Vietnam Ho Chi Minh Stock Index rose 0.8% to 642; Stock Exchange of Thailand SET Index peaked at 1,577 and last advanced 0.4% to 1,575.

Asia experiencing bullrun?
Asia-Pacific stocks headed north except South Korean and Malaysian stocks. In particular, Hang Seng Index saw gains increase to 2%, reaching 25,236; Philippines Stock Exchange PSEi Index was last 7,216, up 1.5%; Nikkei 225 hit over 7-month high at 15,829 and last stood at 15,741, up less than 0.5%; Taiwan Weighted Index climbed 0.5% to 9,450; Shanghai Composite Index and Shenzhen Component Index moved 0.9% higher to 2,286 and 8,117 respectively.

S&P BSE SENSEX Index was last 27,164, up 0.5%, after setting a record high of $27,171; Vietnam Ho Chi Minh Stock Index rose 0.8% to 642; Stock Exchange of Thailand SET Index peaked at 1,577 and last advanced 0.4% to 1,575.

Yes, you are right. depending on the reasons why share price fall
a) hype created in media about expectations which could not be met - hence people liquidating positions
b) Fiscal deficit has zoomed and though the government claims it would be about 6% it may actually turn out closer to 8-9% because the GDP itself has slowed down.
c) The money to be borrowed to meet this deficit and infrastructure needs will put pressure on the banking sector and may force the regulator not to reduce interest rates. This may bring back inflation and be damaging to the economy.

Otherwise, no reason for the stock to raise in price if the budget is favorable to the business, especially it it stimulates business growth for the company. MKland is one to benefit.

Nick, Collect if you can. And wait and see the result you expects after 10th Oct 2014.By that time, maybe you refused to sell! LOL..

The 2015 Budget was crucial since it was the final budget under the 10th Malaysia Plan (10MP), which would provide allocations for the remaining programs and projects under the plan.

Nick, Let's throw back the question to you. Do you have any good reason that it should fall? I cannot find any reasons for the price to go down but all the logics that it should be up. That's why I collected MKland last week. See the 2014 report? Compare last year and now.
Net profit for the period (RM'000)
64,819
40,345
Weighted average no. of ordinary shares in issue ('000)
1,204,590
1,204,590
Basic earnings per share (sen)
5.38
3.35

MKland stood firm even when Asian equity markets are expected to open lower on the final trading day of the week on concerns of a worsening situation in Ukraine and ahead of a raft of Japanese data. With Malaysia 2015 budget just round the corner, the price will go up after the 2015 budget result is published.

More measures to consider, such as stamp duties and real property gains tax in the upcoming 2015 Budget. Unless the property bubble burst! Not logical at all

Time to buy...be patient...We can expect more cooling measures, such as stamp duties and real property gains tax increase, in the upcoming Oct Budget. But let's not be frightened by all these things. In Malaysia, there is no property bubble," At 0.60 it is still a big discount.

I still feel it's collecting time. I just collected more at 0.50 yesterday.

In the queue for 0.50 now.

Just spotted this last week. From Kenanga report, I am sure it's a good buy now. I am queue for 0.50 now.
(i) MK Land’s healthy earnings growth (4-year CAGR of 22% from 2009-2013), (ii) decent dividend yield of 4.1%,
(iii) strong balance sheet (net cash position),
(iv) its more than 220 acres of lands is located in matured area in Klang Valley, MK LAND is still trading at a huge 63% discount to its RNAV of RM1.28, compared to the current average of 40% for other property players under coverage.