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AirAsia Privatization, a Pathetic Offer of RM1.35 a share?

Rumors about AirAsia Berhad’s (KLSE: AIRASIA, stock-code 5099) privatization have been circulating many months ago and today the Southeast Asia’s largest discount carrier confirmed that its major shareholder Tune Air Berhad is considering the initiative to buy back the shares from the public in [...]

Dow below 10,000; $700B bailout plan was the poison?

Lame-duck and flip-flop PM Abdullah Badawi said he will announce the decision on whether he would defend the UMNO presidency either tomorrow or by Wednesday. Although he would most probably quit, the Malaysian PM might just show his infamous indecisive leadership again – he might announce he still [...]

Arrogance, Greed & Corruption – Will We Ever Learn?

Germany is a great nation. The country also saw the emergence of a great hero, or devil depending on how you look at it – Adolf Hitler. He participated in both worlds’ greatest war, World War I and II. I can’t imagine what would happen to Germany if Hitler never invaded Soviet Union and spared [...]

Waiting for Congress’s “Aye” but the Problem is Gigantic

When you read from the government-controlled media that Malaysia’s economy has the capacity to weather the destabilizing consequences of developments in the US economy and international financial markets, that’s when you need to start worrying about the economy. It’s better for newly appointed [...]

Should we rejoice or mourn on Maybank-BII deal?

Let’s rejoice and celebrate because Malaysia’s largest lender, Malayan Banking Berhad (KLSE: MAYBANK, stock-code 1155), has just managed to beg PT Bank Internasional Indonesia’s (JAK: BNII) major shareholder Fullerton Financial Holdings, a unit of Singapore's Temasek, for more sweets. Maybank [...]

Economic 9/11 after $700 billion Bailout Plan Rejected

Boeing is a trademark synonym with domination in aerospace and by far the largest global aircraft manufacturer. Mentioned 777 and chances are the awesome “Triple Seven” world’s largest twinjet jumbo plane appear in front of you. It’s jumbo alright and when you’re talking about something th [...]

Panic again, $700 billion is insufficient to treat disease

Wachovia Corp., just like Washington Mutual Inc., is probably one of the classic examples of investing at the wrong time. It suffers huge losses after it acquired mortgage lender Golden West Financial Corp in 2006 for a whopping $24 billion. The acquisition was done at the peak of housing boom – t [...]

Maybank-BII deal goes wrong? Taste your own medicine

Only after heavy criticisms and sell-off of Malayan Banking Berhad’s (KLSE: MAYBANK, stock-code 1155) shares as a sign of protest, the Malaysia’s Central Bank woke up (from sleep) and told Maybank to behave and re-negotiate for a better pricing in its acquisition for PT Bank Internasional Indone [...]

Lame Duck PM to quit? Or another Mother of All Lies?

Game over for lame duck Abdullah Badawi! PM to quit next Mar 2009! Early transition of power in Mar 2009 instead of June 2010! The headlines go on and on after Friday’s UMNO supreme council meeting. On paper it appears the sleepy PM, as he often labeled will have to enjoy his sleep to the fullest [...]

FDI Out-Flows began rushing the day Badawi becomes PM

Just like history, numbers don’t lie unless someone deliberately twist it. Fortunately somewhere within this globe the real facts about history or numbers will be kept and archived. Something is definitely very wrong with the current government judging from the numbers lately. No matter how you cr [...]


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