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Widespread Accounting Crisis – Government Equally Responsible

In yet another similar crisis, Megan Media Holdings Bhd (KLSE: MEGAN, stock-code 7101), joined the bandwagon of financially suspect firms saying its receivables, sales costs and inventories had been overstated. Its inventory could have been inflated by as much as 100 million ringgit ($29.2 million), [...]

TIPS for Stock Market – Free-Up Shares Float

Malaysian stock market will be a better place to invest should the government take the advices from top officials from the major world indices. BusinessTimes reported that the top guns are advising the government to take steps to increase the free float and liquidity levels on its stock market if it [...]

Prison-Break Paris Hilton Ordered Back to Court

Let's take a break from talking about stocks investing, option trading and ways to make money, shall we? It's weekend (almost) and let's have fun (or rather gossip). Those who have been following the news of the latest celebrity (just couldn't understand why they've to create controversial news to g [...]

Warren Buffett's Berkshire Annual Meeting 2007

This is something which I should have published 3 weeks ago but somehow I missed it. How on earth can I missed such an important event, he’s one of my investing idols and probably the only greatest investor this earth can ever produce for centuries to come. My only excuse for giving this event a s [...]

PROTON Saga Ending – VW as New Boss with 51%

If this piece of news from EdgeDaily is true, then the saga of the Malaysian carmaker Proton Holdings Bhd (KLSE: PROTON, stock-code 5304) which has been bleeding with losses will comes to an end. It was reported that Germany's Volkswagen (FRA : VOW) was likely to take a 51 percent stake in a new com [...]

Generous BCHB to Act but Not For Money

In the latest twist reported by BusinessTimes, Bumiputra-Commerce Holdings Berhad (KLSE: COMMERZ, stock-code 1023) has finally awaken from its’ dream and is mulling legal action against Deloitte KassimChan, an international accounting firm, over its audit work on Southern Bank Bhd (SBB). It was al [...]

Would ASTRO Stock Perform Better with Games?

Game is the name which is synonym with all type of people regardless of age. Mention the word game and chances are you and me have play some sort of it. When comes to electronic games, the first one which I was exposed to was “Game & Watch” (goes to show how old I am now). I was poor but cra [...]

Wedding Bell for Malaysia PM Badawi Again

Malaysia Prime Minister Abdullah Ahmad Badawi will marry Jeanne Abdullah, 53, on Saturday, the Prime Minister's Office announced today, Wednesday June-6th, 2007. The wedding will take place at the prime minister's official residence, Seri Perdana, here and will be attended by close relatives, the Pr [...]

Getting Ready to Take Profit on GUESS Stock

What else can I say about Guess? Inc. (NYSE: GES, stock) besides it really rocks. Guess Inc. reported its first-quarter profit which soared 72 percent on a jump in sales at its European and wholesale divisions. The chain's European and wholesale operations each registered a revenue increase of 77 pe [...]

Inflation Risks Remains – Bernanke

The economy is set to grow at a sluggish pace in coming months but there are risks that elevated levels of inflation excluding food and energy may not recede, Federal Reserve Chairman Ben Bernanke said on Tuesday.“Bernanke said in remarks prepared for delivery to a monetary policy conference in Ca [...]


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