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Squeezed by Tycoon – You should Squeeze IRD back

The longer I looked at the checks of Maxis Communications Berhad (KLSE: MAXIS, stock-code 5051) which I’ve received, the more I hate the way minority shareholders are being treated. Before Ananda was where he’s today, he sweet-talked the public into subscribing to his Maxis’s share (it wasn’ [...]

Sumitomo Offered $1.5 Billion Deal by Malaysia

Kyodo News reported that Malaysia has offered Japan's Sumitomo Corp. (TYO: 8053) a $1.5 billion deal to lay a 700-kilometer long submarine cable which will transmit electricity from the Bakun hydroelectric dam in Malaysia's Sarawak State on Borneo to Peninsular Malaysia. It was reported that Energy, [...]

June 29th – Apple iPhone's Judgement Day

June 29th 2007 – mark this date as it could be one of the most important day in the civilization of mankind, the revolutionary phone will arrives at the store near you (only if you’re in the States). The shipments of the iPhone from Asia (via a “Hong Kong-based air courier”) are accompanied [...]

Listed Co Not Trustable – Book-Cooking from Day-1

I knew something wasn’t right when Hextar Holdings Bhd announced it was pulling out from the listing yesterday. Heck, why would someone just pull-out from the exercise that could potentially give you instant millions of dollars for your company? Something must be seriously wrong right? Furthermore [...]

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) [...]


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