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The newly launched 1.3-litre Proton Saga to replace the, believe it or not, 23-year-old Saga was finally here. It was reported that the new Proton Saga cost Proton Holdings Bhd (KLSE: PROTON, stock-code 5304) a whopping RM 450 million to develop and took about 17-months to transform from the drawing board to the actual production. […]
... written on Jan 19 2008From green to red, that’s what was happening to the Wall Street these couple of days. The volatility is simply fantastic. And today’s (Friday) trading session is extraordinary volatile due to options expiration Friday. As usual, I believe most investors are aware of the US economy’s status and how the prospect of recession is still […]
... written on Jan 18 2008Blood was running thick at Wall Street Thursday when the Dow Jones plunged 306 points, the lowest level since Mar 2007 and the worst three-day percentage decline since October 2002. Investors were seen selling in big wave after Federal Reserve report showed a sharp and unexpected decline in manufacturing activity – a negative reading of […]
... written on Jan 18 2008By now everybody in the urban area knows about the general election’s heat that is gaining momentum. Left are the rural people who rely only on electronic and print media, both are controlled by ruling government, for news and happenings. As much as the government has trumpetted the feel-good factors just short of brainwashed them […]
... written on Jan 17 2008Don’t you love it when you can make money both ways – stock market up or down? The stock market will be more efficient if only the rest of the regional markets such as Malaysia and Singapore allow full-blown “long” and “short” to be implemented. The talks or rather excuses that short-selling would collapse their […]
... written on Jan 16 2008With such pessimism over the US economy, never mind if it’s exaggerated, Apple Inc.’s (Nasdaq: AAPL, stock) needed a stronger steroid than last year’s iPhone announcement to push up its stock price. The fact that the stock price plunged during and after Steve Jobs presentation should be expected. News that Citigroup Inc. had lost nearly […]
... written on Jan 16 2008As an organization AirAsia Berhad (KLSE: AIRASIA, stock-code 5099) could easily be a role model or case study for many top executives on how a bankrupt company could be revived to become a profitable and most successful low-cost carrier in Asia. With the correct management and right business model the dead could rise from the […]
... written on Jan 15 2008China is the largest market that every Tom, Dick and Yahoo trying to get into but the reality is the country with more than 5,000 years of civilization is not a country that offers you the golden key to instant riches just because you’ve the money to invest. It’s a complicated nation that could dry […]
... written on Jan 14 2008It’s not easy for Malaysian Stock Exchange’s Composite Index to reach 1,500 level, let alone 1,600 but it appears reaching 1,600 is not something that is impossible now. And if you believe in simple technical reading, since middle of Aug 2007’s correction, the bull didn’t look back judging from the linear regression lines. Simply puts, […]
... written on Jan 13 2008December data (payroll, unemployment, ISM) were clearly disappointing as job deterioration raises the risk to consumer spending – a sign that many thinks will force Uncle Ben to act again when the Fed meet next Jan 29th – 30th. And on Thursday the Federal Reserve Chairman pledged to slash interest rates as needed to prevent […]
... written on Jan 11 2008
