Archive for October, 2009

Ong, Chua – You May Kiss Each Other, for now

Budget 2010 revealed by PM Najib Razak was so boring that one was wondering if it was so difficult to draft a better budget that could benefit the average Joes. Why on earth would anyone care about the 1% reduction in income tax for those who earn above RM100,000 per annum? The cost of living […]

... written on Oct 27 2009

Hong Leong to Acquire Public Bank – A Matter of Time?

Public Bank is perhaps one of the stocks everyone would like to own for obvious reason. If you owned 1,000 Public Bank Berhad (KLSE: PBBANK, stock-code 1295) shares back in 1967, you would have 129,720 shares which is worth a whopping RM1.38 million today. If that is not enough to raise your eyebrows consider another […]

... written on Oct 19 2009

Earnings Season send Bull Charging, Next Target – 10,000

Earnings season is here again and all eye-balls are watching for indicators that U.S. economy is indeed on its way to recovery. Even if the recovery is not in full-scale at least it would provide some consolation if companies’ earnings could show momentums. At the moment the important 10,000-level is what everyone is hoping to […]

... written on Oct 14 2009

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