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Why Would Someone Buy Maxis at $15.60

For those who are still holding to your baby Maxis Communications Berhad (KLSE: MAXIS, stock-code 5051), you should know that tomorrow, Thursday 21-June, is the last day for you to transfer the shares to Ananda - only if you decided to get full refund of $15.30 pershare from the tycoon. Ananda has a [...]

Stock Market – Quantity Rules over Quality

How much does it costs Malaysian Stock Exchange from the recent sudden privatization of which quality companies were taken out from the listing? A whopping RM 46.3 billion has been wiped out from Bursa Malaysia's market value in the first half of the year from the 17 firms who opted to call it quit. [...]

Will POS Smell What TRANSMILE was Cooking?

Now that the book-cooking is over (or has it?) for Malaysian air cargo carrier Transmile Group Berhad (KLSE: TRANMIL, stock-code 7000) with angry investors voicing their frustration over what seems to be obvious cover-up by the company’s top management, not to mention the role of external auditors [...]

Are You a Blogger and Stock Trader Survivor?

The questions from USA Network's Burn Notice are pretty challenging to me especially when I’m making a small living investing stocks and trading options first and blogging second. What would I do if I’m stranded in an unknown city with no money or resources? I think stranded in an unknown city i [...]

57 Percent Profit in Four Months for NVIDIA

Almost forgotten to blog about the position which I closed last Friday, June-15th, on NVIDIA Corporation (Nasdaq: NVDA, stock) which I entered back in Feb 13th, 2007, just before the earning announcement. This is probably one of my longest trades so far, spanning four months since the date I decided [...]

TRANSMILE in Loss since 2005, Lower 2004 Profit

The final words are out - Malaysian air cargo carrier Transmile Group Berhad (KLSE: TRANMIL, stock-code 7000) said today the company recorded pre-tax losses for fiscal years 2005 and 2006 instead of profits as previously announced.The audit showed Transmile posted a pre-tax loss of 172 million ringg [...]

Weekend Update – FinanceTwitter's Minor Facelift

Regular readers of this blog should have notice some minor changes to the design (or rather repositioning) particularly the header and the logo (if you can call it logo at the first place) which I made yesterday. The minor facelift is to improve and simplify the header in order not to clutter it. I [...]

Badawi is Still Dreaming – No Wonder Nation is Stagnant

This is what the Malaysia premier Abdullah Badawi envisages for 2057 - to see the nation achieve the unimaginable. He further added “But the more I think about 50 years of Merdeka, the more I start dreaming about what might be in another 50 years.” Abdullah said if Vision 2020 was about the foun [...]

Something is Brewing in LATEXX

Just a day after it bought the shares at a massive discount, Multi-Purpose Holdings Bhd (KLSE: MPHB, stock-code 3859) has sold a big block of shares in rubber glove maker Latexx Partners Bhd (KLSE: LATEXX, stock-code 7064). The block involved comprises 32.3 per cent stake at a slightly higher price [...]

Government Stung by Its Own Bees

The stings must have been too painful, so much so that the Malaysian government finally has to raise the bar for bumiputra contractors to be placed in the various classes following public outcry over shoddy workmanship and leakages in public buildings. Entrepreneur and Cooperative Development Minist [...]


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