Archive for June, 2008

External and internal factors point to gloomy economy

While it’s entertaining and exciting to read the spectacular development in Malaysian politic with the latest twist of which the former Deputy Prime Minister was accused of sodomy “again”, you got to pay a little attention to the global economy because if it’s going to slow down continuously chances are you might want to thank […]

... written on Jun 30 2008

Holy Cow! The Sodomee-Sodomite is back, lazy CopyCat

What’s your chance of winning the lottery or to make it more mind-boggling – the chance of winning it twice? If you ask former Deputy Prime Minister Anwar Ibrahim, he will gladly tell you that it was as easy as snapping your fingers. Yes, history repeats itself and it appeared Anwar’s strange habit never dies […]

... written on Jun 29 2008

Governor Dr Zeti to resign, getting rid of final gatekeeper?

Bank Negara Malaysia (Central Bank) Governor Tan Sri Dr Zeti Akhtar Aziz’s resignation as director from the Board of Khazanah Nasional Bhd effective from Apr 21 has raised a few eyebrows. It’s not everyday you read resignation in the name of “to avoid any potential conflict of interest” simply because the Barisan Nasional (National Front) […]

... written on Jun 27 2008

Slaughter Day for Financial, Automotive and Tech stocks

Bad news, bad news and more bad news – that’s what happened from the opening till the closing bell on Wall Street. It was as if the Dow Jones was released from the cage after years and bloods are all it needs. That’s right, the Dow plunged almost 360 points to their lowest level in […]

... written on Jun 27 2008

Fed maintains rate, stock trading guerilla warfare style

Remember the Isaac Newton’s law of gravity? Well, it’s happening to the U.S. interest rates now – the series of rate reductions since Sept 2007 is about to make a U-turn. Federal Reserve held interest rates steady Wednesday and hinted that the next direction for rates could be up. Investors and economists think Bernanke would […]

... written on Jun 26 2008

SIME aborts cable, no more cheese or the Rats move it?

If not for the news that Sime Darby Berhad (SIME: stock-code 4197) decided not to play the game of undersea cable, I would have forgotten about the highly controversial Bakun project. It was almost a year ago when I wrote about this to-be-white-elephant project unless of course the government could convince foreign investor to eat-up […]

... written on Jun 25 2008

FinanceTwitter clocked 1,000 posts, expect weak 2Q earnings

Basically all the stocks’ performance depends on one factor – consumers. It’s a no-brainer statement but many investors or traders tend to forget this. Every sector from airlines to healthcare would be affected, one way or another. Let’s look at the big brother Uncle Sam. According to Thomson Reuters the U.S. corporate profit outlook doesn’t […]

... written on Jun 25 2008

Airline Stocks – Can See but Cannot Touch, Not Yet

Before the invention of internet on the scale we’re seeing today there were not many nice and exciting stocks investing game around. If my old memory still serves me right, the games available during the old time were developed for MS-DOS, the oldest Microsoft operating system. Somehow I was hooked to this simulation games on […]

... written on Jun 24 2008

When Scandal and Crisis are thicker than Stocks

Whoa! I was out of town for a short break and when I came back there were so many happenings, not the same type of happenings you get during clubbing mind you. Some friends suggested we should try one more round of cheap foods before it disappears thanks to the recent 41 percent fuel hike. […]

... written on Jun 23 2008

POS Malaysia, New Scandal after Transmile Irregularities?

Seriously if not for the name Robert Kuok, Transmile Group Berhad (KLSE: TRANMIL, stock-code 7000) could turn to penny stock today – name speaks volume. Despite huge debts amounting to RM535.8 million thanks to accounting irregularities discovered about a year ago, the tycoon continues to hold on. Rumors had been flying around for some time […]

... written on Jun 20 2008

Browse pages below for more ...