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It appears the Norway’s Telenor ASA (OSL: TEL) will have no choice but to follow a Government directive to cut its stake in mobile phone operator DIGI.com Berhad (DIGI : stock-code 6947) by the end of the year. Energy, Water and Communications Minister Lim Keng Yaik said that the company would not be given another […]
... written on Sep 11 2007Just what does the legendary investor Warren Buffett thinks of the current real estate or housing crisis in U.S.? Is it for real? Are consumer still spending? As far as politic is concern, Warren doesn’t support either Clinton or Obama but the chairman of the most expensive listed company, Berkshire Hathaway, sure has something to […]
... written on Sep 10 2007As expected, Malaysia Stock Market nose-dives in early trading on Monday taking the cue from last Friday’s Dow Jones almost 250 points losses. Couple with uninteresting budget revealed last Friday by Prime Minister Abdullah Badawi, investors couldn’t find any reason to buy in big ways. Mostly are waiting on side-line waiting to see if either […]
... written on Sep 10 2007As usual, after Malaysia Prime Minister Abdullah finished his 2008’s Budget speech last Friday (after heavy coughs in between), you can bet your last penny all the cabinet members will praise how great the budget was. All the ministers never fail to amuze me and perhaps everyone on the street, as they (ministers) seem to […]
... written on Sep 09 2007StockTube is determined to update as fast as possible the summary of the main ingredients of Budget 2008 as it broadcasted here. This entry will be updated continuously. So here you goes: Corporate tax reduced to 25% in 2009 (26% for 2008 remains) Single-tier tax system – profits are only taxed at the company’s level […]
... written on Sep 07 2007In less than 4 hours, Malaysia Prime Minister Abdullah Badawi will present his budget for the year 2008. Expected to be Election-Budget, the budget is expected to contain lots of goodies or sweeteners to appease voters – especially to the civil servants who constitute the bulk of the voters. FinanceTwitter had on Tuesday, 4th Sept […]
... written on Sep 07 2007As expected the Transmile Group Berhad’s (KLSE: TRANMIL, stock-code 7000) shareholders’ meeting (AGM) yesterday, Wednesday 5th Sept, was conducted in a relatively calm and smooth environment as compared to the recent MIC’s Maika’s meeting. At least you don’t see bleeding shareholders coming out from the meeting room. However it would be strange if the shareholders […]
... written on Sep 06 2007Boy – was I lucky or what? I’m referring to my decision yesterday to lock-in profit on Apple Inc.’s (Nasdaq: AAPL, stock) trade. I’ve put in my thought why I close the position on AAPL Oct 130 Call in my entry at “Taking Money off the Table before Apple Special Event”. And so Apple plunged […]
... written on Sep 06 2007If you’re still holding your Apple Inc.’s (Nasdaq: AAPL, stock) shares or option contracts as of writing time (1:30 pm E.T), I hope the market will be kind with you for the subsequent hours. As I’ve blogged about 4 hours ago, I had prepared myself to take money off the table today, no matter what […]
... written on Sep 05 2007Apple Inc.’s (Nasdaq: AAPL, stock) was trading up 6 points yesterday ahead of today’s “Special Event” at 1:00 pm E.T. The company however has not given any indication of the subject of the event, so in turn there has been a lot of speculation over the last few weeks regarding what will be announced, as […]
... written on Sep 05 2007
