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Gamuda Berhad’s (KLSE: GAMUDA, stock-code 5398) was as good as dead the moment it’s Managing Director Lin Yun Ling threw in the towel and cashed-out from the company he co-founded. Of course the stock would not die the same way as junk stock PECD Berhad (KLSE: PECD, stock-code 5093) but the impact was great enough […]
... written on Jul 21 2008There’re many ways to skin a cat and in the case of ambitious Anwar Ibrahim, the de-facto opposition leader whose chance of becoming the next Prime Minister is now or never, his marketing plan to topple the ruling government of half a century was inviting troubles. The ruling government might be out of creative ideas […]
... written on Jul 20 2008Just before the election early this year lots of beautiful numbers were being trumpeted to the investors about how rosy the economy was, never mind how serious was the U.S. subprime crisis back then. The incredible Malaysia was immune from almost all other external factors, so went the marketing talks. Even after the unexpected poor […]
... written on Jul 17 2008Local stock market sentiment was crushed over the arrest of de facto opposition leader Anwar Ibrahim, less than 15 hours after he appeared live on television in a debate with Information Minister. The turnover or transaction volume traded plunged to 315 million shares from 395 million yesterday. The ING Investor Dashboard Survey reported that Malaysian […]
... written on Jul 16 2008After watching the debate between opposition de-facto leader Anwar Ibrahim and Information Minister Shabery Cheek, I finally understand why the Prime Minister Abdullah Badawi and his deputy Najib refused to enter the ring but instead sent the Information Minister instead. Anwar had earlier challenged both the PM and his deputy to debate with him – […]
... written on Jul 15 2008Desperate people not only do desperate things but also stupid and childish things as if they are begging to be laughed at. Malaysia has been the laughing stock for quite some time but things got more hilarious with today’s total lock-down by the police. Roadblocks were setup at numerous access points into the capital of […]
... written on Jul 14 2008It’s funny that the brother of deputy Prime Minister expressed his pessimism of the country’s economy so much so that he urged the government to review the windfall tax imposed on independent power producers (IPPs). Huh? The CEO of CIMB group is protecting the IPPs who are making tons of money because of lopsided agreement […]
... written on Jul 13 2008Strangely I couldn’t claim my RM625 rebate on the 1st July 2008 even though I’ve renewed my road-tax and insurance about two weeks before the expiry at the end of June. I was told that some processing need to be done before they can hand-over my money and it would take about four working days. […]
... written on Jul 10 2008Dow Jones industrials gained more than 150 points as the oil prices tumbled more than nine bucks for two days of trading alone. Phew! I thought the oil prices will shoot up to $200 as what some experts predicted. But hey, this is not the end of the story yet – just like stock or […]
... written on Jul 09 2008So, the rumors of troubles ahead of last Sunday’s “One Million People Protest Rally” organised by the Opposition in Petaling Jaya is just a rumor. Maybe the poor turnout as what the deputy PM Najib proclaimed helped to contain the situation but nevertheless the spectators were given free “butt” entertainment. As what I’ve blogged not […]
... written on Jul 08 2008
