Investing & Trading
When the Apple iPad was announced, many predicted the gadget would kill Amazon Kindle. With the hype over such gadget by Apple, it was natural to predict that Kindle would end up in the graveyard and who can blame them? But Kindle and iPad was not in the same league so it was not an […]
... written on Dec 29 2010The concession agreement for PLUS Expressways was awarded to United Engineers (M) Sdn Bhd (now UEM Group) for a period of 30 years, starting May 1988. Public outcries soon after the 1997 Asia Recession and Mahathir administration gave a tickle so that the concessionaire restructured and reduced the agreed (or rather lopsided) toll rates via […]
... written on Dec 25 2010The question of when will Malaysia PM Najib Razak call for a snap election is drumming louder. Will it be in the first half of 2011 simultaneously with the Sarawak state election, in the second half of 2011 if the Sarawak’s state election results are BN-favorable, or in 2012 if Sarawak results fall within expectation? […]
... written on Dec 09 2010Time to take some profits off the table – been quite some time since I last made triple digit percentage profit. There were many investors or traders who dumped or did not think Research In Motion Limited’s (Nasdaq: RIMM, stock) would give good returns in spite of its’ great second-quarter earnings that topped forecast. I […]
... written on Dec 07 2010When I wrote about investing in gold back in May 2008, the metal was trading at about $920 – $930 (read here) and since then the gold price has skyrocket to above $1,400 – an increase of more than 50%. Assuming that I didn’t add more investment in gold, my primitive jewellery investment has suddenly […]
... written on Nov 17 2010Petronas Chemicals Group Berhad’s IPO (initial public offering) which is set to raise as much as US$4 billion has launched its prospectus today, offering RM5.05 a share to retail investors. At the same time, the company, the petrochemical arm of Malaysia’s state oil and gas company Petronas, announced its net income for the four months […]
... written on Nov 01 2010Apple Inc.’s (Nasdaq: AAPL, stock) shares tumbled more than 7% to below $300 a share after the iPod, iPhone, iPad and Mac makers announced its earnings after the bell Monday (18-Oct-2010) in extended trading hour. The stock is now recovering and is trading above $310 a share. The Dow is down more than 3-digit points […]
... written on Oct 20 2010You can’t feel sorry for those who has just bought the original (mean real) Mitsubishi Lancer GT to start kicking and banging themselves now that Proton Holdings Berhad (KLSE: PROTON, stock-code 5304) has officially announced the replacement for Proton Waja sedan – Proton Inspira. The news of the replacement model which was essentially a rebadged […]
... written on Oct 14 2010Petronas Chemicals IPO (initial public offering) which is set to raise as much as US$4 billion, exceeding even Maxis Berhad’s (KLSE: MAXIS, stock-code 6012) IPO last year valued at US$3.3 billion, will be offered to retail investors at RM5.05 a share while institutions will need to pay RM5.20 a share. This will make Petronas Chemicals […]
... written on Oct 13 2010While Federal Reserve is set to introduce QE-II (quantitative easing) because its near-to-zero interest rate could not wake up the crawling economy powerhouse, China has the opposite problem – economy overheating. How President Obama wishes he could have the best of both worlds; the China’s boiling economy and America’s presidency. China, the world’s second biggest […]
... written on Oct 13 2010
