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Bursa Main and Second Boards Merger, a Marketing Ploy?

Speaking at the “Invest Malaysia 2008” conference here today (25th Mar 2008), the Prime Minister Abdullah Badawi announced that local stock market would merge its Main and Second boards to set up a single and unified board for more established companies with strong financial records (huh?). The [...]

Fishing for the bottom? Don’t bother, just trade short term

Looks like good news are aplenty right after the Easter – JPMorgan Chase & Co. (NYSE: JPM, stock) ups its bid for The Bear Stearns Companies, Inc. (NYSE: BSC, stock) and stronger than expected housing report pleased the stock investors. Like it or not the Feds would have no choice but to allow [...]

Bear Stearns Bailout, should silly you blame Cramer?

Unless you’re living in Stone Age, you must have heard about one of the greatest mega-sale of the century – the $2 a share sale of The Bear Stearns Companies, Inc. (NYSE: BSC, stock) to JPMorgan Chase & Co. (NYSE: JPM, stock). Bear Stearns was facing collapse because of the U.S. mortgage cri [...]

Meritocracy & Judicial Independence in doing business

Just what are the factors foreign investors are looking at before they pour in millions or billions of dollars of investment money into a country? There’re many but certain mandatory or fundamental foundations must be in place before these foreign hot monies would find their new parking lots. Suff [...]

Malaysia to have new PM – who is the faster runner?

Going by normal circumstances, Malaysia stock market should have staged a gap-up post-election but the reverse happened when the KLCI (Kuala Lumpur Stock Exchange) gap-down instead by more than 130 points or more than 10 percent (investors who short the futures were smiling from ear to ear). Foreign [...]

V for VISA Inc. to start trading on NYSE – BUY!!!

Credit card giant Visa Inc. raised more than US$17 billion Tuesday in the largest share offering in US history but short of world’s largest IPO - the US$21.9-billion offering by Chinese bank ICBC (Industrial and Commercial Bank of China), on Shanghai and Hong Kong stocks markets in October 2006. V [...]

Three-quarters of a point cut, one down one to go

Dow Jones Industrial Average soared a whopping 420 points, its biggest one-day gain in more than five years - since a 447-point advance on July 29, 2002. The question that demanded Federal Reserve’s answer was pretty simple, what’s the rate cut quantum – 50, 75 or 100 basis points. While many [...]

The Good, the Bad, the Ugly and the Hero

So, the sleepy Prime Minister has unveils a trimmed-down cabinet *yawn* albeit the line-up is a boring one which doesn’t offers much excitement from the previous old faces. There’s not a single soul made of admired professionals, technocrats or intellectuals who are not politician included in th [...]

Second Tsunami – Anwar to form the next Government?

If you think that the recent political landscape changes are more or less would remains until the next general election, think again. There could be second wave of tsunami hitting the nation’s shore and just like the first round, the second round could blow your mind off (if it becomes reality). W [...]

Could interest rate cut click like Magic and wake the Bull?

The talk and definitely the hope of investors now is whether they’re seeing the worst of the Wall Street. Since Nov 2007 Dow Jones has been plunging from the high of 14,000 to slightly above 12,000. In fact the 12,000 is the psychology level that almost everyone is watching very closely especially [...]


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