Archive for September, 2007

Volkswagen BOSS to visit Malaysia to conclude deal

The news was actually out (kinda like leaked) that Germany’s Volkswagen (FRA: VOW) already agreed to take a stake in Malaysian loss-making car-maker Proton Holdings Bhd (KLSE: PROTON, stock-code 5304) but with some conditions attached. Knowing that Malaysia’s GLCs (government-linked-companies) are mostly tricky when comes to question of management control, Volkswagen earlier suggested that it […]

... written on Sep 23 2007

Slow turtle WATERS Stock finally turns into profit

Last Friday was the option expiration for the month of Sept 2007. One of the trades that made my blood boils over the last two months is Waters Corporation (NYSE: WAT, stock) which I talked about here. Waters is not really my favorite, having disappointed me before. Nevertheless I was sure this stock would continue […]

... written on Sep 23 2007

Malaysia Judiciary Scandal? Don’t bet on it

To outsiders except for the British, corruption might not be as scary as the deadly H5N1 bird flu. Furthermore H5N1 kills but not corruption; physically the corrupted hands do not kill, do they? British government knew how corruption could bring disaster to a country, as was seen to their small colony which was under Britain’s […]

... written on Sep 21 2007

Do you have US$1.3 Billion? Then you’re in the list

It appears the stake has increased if you plan to squeeze yourself into the glamorous Forbes 400 Richest Americans. Just like playing poker at the gambling table, the stake has been raised to $1.3 Billion if you wish to see your name within the list. The new threshold meant 82 of America’s billionaires didn’t make […]

... written on Sep 21 2007

Vincent Tan banking on new name to strikes Fortune

When the Chinese talk about feng shui, they have a holistic view and approach to it and one of the most famous saying is “first is Destiny, second is Luck, third is Feng Shui, fourth is Virtue and fifth is Knowledge”. That’s the importance in ascending order to the Chinese. But at the same time, […]

... written on Sep 20 2007

The tale of pay TV business, ASTRO and NBC

Don’t you hate it that despite paying for the programs on monthly basis, you’re still getting bombarded with advertisements? To make matter worse Astro All Asia Network Plc (KLSE: ASTRO, stock-code 5076) which monopolize the pay-TV sector is forcing more advertisements to its subscribers. You might not realize it but if you care to measure […]

... written on Sep 20 2007

FinanceTwitter’s another article picked up by CNN Business

After FinanceTwitter’s article on “Reasons Why Oil Price might spikes to $90 and beyond” was picked up by Wall Street Journal, I was alerted via email by one of the readers that another of FinanceTwitter’s article was highlighted by another heavyweight financial portal, CNN.com. I couldn’t believe it but after checked it out, it shows […]

... written on Sep 19 2007

Rate Cut’s effect – high Oil Prices and weaker Dollar

You won people – you got your interest rate cut after months of chanting, so much so that U.S. Federal Reserve Chairman Ben Bernanke admitted defeat and cut the funds rate by a whopping 50 basis points. But really, can the current new rate of 4.75 percent (from previous 5.25%) help the ailing housing sector? […]

... written on Sep 19 2007

Bernanke admitted defeat and Released the Pressure

If you do not know yet, the announcement is already all over the financial news portal. Federal Reserve Chairman Ben Bernanke and his central bank colleagues admitted defeat and lowered the interest rate to 4.75 percent, a half point cut from 5.25%, pressured by the political and economy built up over the months. Wall Street […]

... written on Sep 19 2007

Old couple getting Thoof about preference

Just how on earth do you pronounce “Thoof” and most important of all what does this word means? If you check the word against thesaurus, it’s a dead-end. If you split the word to “The” and “Hoof” it’s a dead-end as well. In a nut shell, no one really knows the meaning behind Thoof brand […]

... written on Sep 19 2007

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