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Malaysian Casino King, Lim Goh Tong, passed away at 90

Malaysia’s third richest man and the founder of Genting Group (KLSE: GENTING, stock-code 3182), Tan Sri Lim Goh Tong, passed away at 11.20am Tuesday at the Subang Jaya Medical Centre. The tycoon who was 90, leave behind a diverse business empire worth US$22 billion. He survived by wife Puan Sri Le [...]

Knight Apple Saves the Day and the Tech-Stocks

YES! Apple did it again. Apple saved the day. Apple is incredible. What a wonderful Apple stock. You simply got to love Apple Inc. and Steve Jobs. I might sound exaggerated with all the praises for Apple but it's simply lovely. Not only it re-injected the optimism into the stock market especially Na [...]

Anxiously waiting Apple’s earning announcement

Somehow I like this thing about bargain hunting. And I like the law of whatever goes up must comes down and vice versa. We saw the Dow plunged by 366 points last Friday and today we saw a slight rebound in the afternoon after a three-digit plunge in the morning trading. Traders are still nervous obv [...]

How to do business if Meritocracy is not welcomed?

Meritocracy is perhaps the last word a government would like to hear that practice nepotism, cronyism or racism policies. You can bet your last penny such government would have pathetic policies implemented in large-scale ranging from education to corporate business. There’s nothing wrong with suc [...]

Bad Friday for U.S. but Black Monday for Asia

Call it coincidence, myth, haunted, eerie or whatever you wish but the fact is on 20th anniversary of Oct 19th 1987’s “Black Monday” crash that saw Dow Jones plunged by 26 percent, the same happened last Friday (19th Oct 2007). Only this time the Dow fell by a lower percentage which is 2.64 pe [...]

Bad News for You and Good News for Me

First the bad news! You’re just inches away from having to pay the biggest quantum of fuel hike next year (I said next year because it would be silly for the Malaysia government to increase the rate this year), probably after general election. At the same time the government is just inches from an [...]

Change in plan for Google, going for “Top Greed”

Google Inc. stock was trading in a very narrow range and for the most of the morning session it was trying to breach the $632 resistance. It managed to do so at 1:45pm trading time (as of writing). So some crazy ideas pop-up into my brain and I’ve decided to let my little GOOG Nov 570 Call Options [...]

Fuel Price Hike of 90 cents to RM2.82 a liter next year?

Oil prices dominated most of the businesses, stocks and economies discussion lately. Due to the fact that the fuel prices affect our daily life, we simply cannot ignore its impact no matter how hard we try. One of my friends who bought a brand new BMW 3-Series recently somehow didn’t looks happy a [...]

Multiple loans mushrooming from subprime crisis

When the subprime crisis exploded, the U.S. largest mortgage lender, Countrywide Financial Corp was perhaps the most talked about company after Merrill Lynch analyst ticked off the possibility of a bankruptcy. And now The Securities and Exchange Commission is investigating the obvious insider-tradin [...]

Web applications require Citrix’s performance

It appears both Apple Inc.’s (Nasdaq: AAPL, stock) and Google Inc. (Nasdaq: GOOG, stock) behave very well in the morning trading session today. So I’ll just let it trade whichever direction it wish to. As blogged earlier, Google is expected to announce its earning tomorrow, Thursday 18th Oct 200 [...]


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