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Ananda Made Instant Profit from 25% Sold to Saudi

Immediately after Maxis Communications Berhad (KLSE: MAXIS, stock-code 5051) stocks stop trading on the stock exchange due to privatization, Ananda Krishnan found a new buyer for his cash-cow. Reuters reported that Saudi Telecom Co., the largest Arab telecom firm, is to buy 25 percent of Maxis in a [...]

Steel-Man Eric Acquitted – Are you Surprise?

Tycoon Tan Sri Eric Chia Eng Hock was acquitted on Tuesday by the Sessions Court of the criminal breach of trust charge brought against him more than three years ago. Chia had been charged with misappropriating RM76.4mil from Perwaja Rolling Mill and Development Sdn Bhd in his capacity as its managi [...]

How can you Get $250 Gift Certificate?

American Express used to be the de-facto in the rich and famous life. When one showed his/her American Express card, the status symbol was immediately recognized. It will add to your ego if you can flash the American Express Gold, so much so that the advertisement on American Express Gold was portra [...]

Stocks Volatility – Too Many Uncertainties

Initially investors were relieved to hear from the National Association of Realtors that existing home sales declined in May by only 0.3 percent to 5.99 million units. The tepid reading was expected, and indicated that the housing sector is still weak - the pace of existing home sales was the slowes [...]

Relook at GreenPacket Stock – Problem or Opportunity?

Since my last article on why I think Green Packet Stock Pattern Behaving like Google Stock, Green Packet Berhad (KLSE: GPACKET, stock-code 0082) has rebound from second support level of RM 4.00 to above $4.80 per-share (first support) and even touched the trend-line (refer to chart below). Subsequen [...]

AirAsia X to Finally Take-Off after Early Turbulence

British billionaire Sir Richard Branson of Virgin Group is reported to be taking a stake in Malaysia's new AirAsia long-haul budget airline. The Star newspaper which claimed it picked sources familiar with the negotiation reported that Branson would take a 20 percent stake in Fly Asian Express (FAX) [...]

Locked Profit on Google – 20 Percent for 5-Days Trading

Boy, have you seen how Google Inc.'s (Nasdaq: GOOG, stock) stock performs today? Unbelievable, considering the new resistance of $525 was established about two-weeks ago only. It was on June-7th, 2007 when the highest of $526.50 per shares was recorded. What prompted me to enter the position (GOOG A [...]

PECD Stock – Why You Should Run Away, Fast

If there’s one thing you should consider before investing a particular stock, it has to be the profit and loss statement of the company. This is the easiest indicator to show how the company is performing and to tell investors how well it is being managed, or how great the management has been scre [...]

Summer Starts – Watchout for Energy Stocks

Today marks the start of summer where the driving-season could push the demand for oil to a higher level (heard of summer holiday?). So, you better watch out for the oil price which could be sparked by a tiny instability news. Energy (+2.0%) turned in the best performance even as oil prices closed l [...]

EU envoy Criticize Malaysia's Bias pro-Malay Policies

The European Union's top envoy to Malaysia on Thursday issued a rare and strong criticism against Malaysia's policy of favoring ethnic Malays, calling it protectionist and unfair to foreign companies - reported Kyoto NewsThierry Rommel, the EU ambassador to Malaysia, said Malaysia uses the excuse of [...]


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