UEM Land - one would have thought that this kind of "political risk" counters would go down in the run up to the GE. But it has been going steadily up and I missed it. Darn! Final 25 minutes... I think I'm going to take a calculated risk and buy something. MRCB? AirAsia? But not putting too much money on the line though.
@iafx, Yup, will definitely have a lot to talk about next Monday:-) Going back to vote in DUN Chetok and Pasir Mas parliament. Hoping that the MRCB trade today will cover the various expenses.
@tonylim, I keep hearing about people getting money from both sides to go back and vote. But I must be one of those luckless souls - had never, ever received one sen since 1985!
Ibrahim lost. But he will be around for a long time yet. I remember he was already on the political scene since long ago - I was still in secondary school and that's a LONG time ago. One thing about Ibrahim though - he knows how to adapt, switching from this to that. Most politicians of his generation have already disappeared from the scene if they haven't made it to the big time.
Anyway, I'm disappointed with myself for not being braver last Friday. Should also have bought Mudajaya-CM Darn!
At 2.89 now for MBSB, and CM at 14.5 sen, the call warrant is trading at a discount of 3.5%, with a gearing of 10. It means that if you keep CM to expiry in 7 months time, and the price of MBSB stays at 2.89, you make 35%. Of course one can sell it before it expires. Incredible, but why like that one ah?
This book is the result of the author's many years of experience and observation throughout his 26 years in the stockbroking industry. It was written for general public to learn to invest based on facts and not on fantasies or hearsay....
Peter Lee
347 posts
Posted by Peter Lee > 2013-05-03 15:02 | Report Abuse
new life to all malaysia,hope all malaysia make it reality,kanbatei