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“The market is going to be soft. Any rise will be marginal,” said Wong Chee Seng, head of research at Alliance Research. He further pegged support for the main index at 1,033-1,032 and resistance at 1,045. Another research chief said investors were likely to focus on plantation stocks and shares of firms due to report […]
... written on Nov 22 2006In an internal memo written by a Yahoo (Nasdaq : YHOO) senior executive which later distributed over the Internet last weekend, it was claimed that “The Internet giant is too big, too bloated and is losing its way“. If what this senior executive’s claim in true, then does it reflects on Google as well ? […]
... written on Nov 21 2006Latest investing news from a Wall Street analyst indicated Apple Computer (Nasdaq : AAPL), which recently released its first mobile handset to manufacturing, is working on a second model that will incorporate messaging capabilities (here to read about the new Apple iPhone). American Technology Research analyst said Apple will leverage on existing Mac’s iChat software […]
... written on Nov 21 2006It seems Lingui’s excellent profit announcement (posting here) has started the chain-reaction to other timber player as well which earlier on triggered FinanceTwitter “Buy” signal (earlier posting here). WTK Holdings Berhad (WTK : stockcode 4243) today triggered FinanceTwitter & MACD “Buy” signal with 1,404 Bulls : zero Bears. Stochastic has crossed and RSI is bullish. […]
... written on Nov 20 2006After Bursa Malaysia (KLSE) closing today, Leader Universal Holdings Berhad (LEADER : stockcode 4529) triggered FinanceTwitter and MACD “Buy” signal. Technically, the stock’s RSI & Stochastic have been in bullish mode since 2-Oct-2006. The Bull:Bear ratio peaked on 26-Oct-2006 and started to weaken since then, till today when it registered 509 Bulls : zero Bears. […]
... written on Nov 20 2006Latest financial news from Reuters indicated Malaysia is talking only to France’s PSA Peugeot Citroen and Germany’s Volkswagen on a possible collaboration with state automaker Proton Holdings, a government minister said on Monday. Second Finance Minister Nor Mohamed Yakcop did not give details of the talks, but they follow statements he made on Nov. 10, […]
... written on Nov 20 2006According to news from AppleInsider : Apple Computer’s (Nasdaq : AAPL) much anticipated iPod cell phone will include a 2.0-megapixel digital camera when it arrives late first quarter or early second quarter of next year 2007, according to a new report out of Taiwan. The China Times said Thursday the device, which will merge traditional […]
... written on Nov 20 2006Since Bursa Malaysia (KLSE) Composite Index breached 1,000 marks recently, alot have been said about the sustainability of it especially amongst the analysts. Some said the bull is real, some said it’s too soon to conclude the bull is here to stay and adopt a neutral stand. Others are still skeptical since there were too […]
... written on Nov 19 2006Latest breaking financial news from AFP reported that Porsche could eventually launch a full takeover bid for Europe’s biggest car maker Volkswagen (VW). VW saw the departure of its chief executive, Bernd Pischetsrieder, though his contract only ended 2012. Porsche said it had increased its stake in Volkswagen to 27.7 percent and that its supervisory […]
... written on Nov 19 2006According to business news from Reuters which picked-up a report from Business Times, France’s PSA Peugeot Citroen is expected to present its bid for Malaysian carmaker Proton Holdings next week. It was reported that Peugeot executives would brief senior officials from the finance ministry, Proton and state investment arm Khazanah Nasional, which owns 43 percent […]
... written on Nov 19 2006
