Friday, May 11, 2007

Something 'light' for the weekend!

This is hilarious!... he's got talent, i'd say... Jim you're the man!

Thursday, May 10, 2007

Can YTL stage a breakout?


From chart, YTL looks steady in heading to break the high of $8.15 again after the first attempt failed...the stock does manage to hit $8.20 during intra day few days ago... with the on-going share buy back program from YTL it might just make it easier for that to happen.
i believe it's just a matter of time(short term) for it's share price to burst above the high.

...fingers crossed... :)

Wednesday, May 9, 2007

Maybank or Bumibank?

Again, Malaysia went 'famous' just because it's largest bank(however you wanna call it) declared that it now require all that law firms must have a 'bumiputra' partner with at least a 50% stake before they could do any business with the bank. Discrimination, arrogant and ungrateful are the words that I have for this bank.

I thought all these while the people have been thought to spend more effort in building self competency and companies to work hard in order to complete globally?...Capability, integrity, efficiency and merit if you ask me are the main criterias to consider when I want to do business with someone and surely not the race. Most of us are Malaysians, born and live here since independance....living peacefully in a multiracial country is something we're proud of...at least today we are.

Then all the sudden came a bank who without thinking implemented such rigid and ridiculous rule in the midst of the Gov's effort to build unity in the Malaysian people... even simple civilians who never had a chance to be educated knows how important it is for someone with a high place in the community to think before he says anything. For words spoken are hard to be taken back... it reveals the intention and the perception of that person.

Having said that, now I'm pretty sure we now know this bank's view on the people of this country.In short, if Maybank thinks that it's so darn big and powerful that is does not need contribution/business from other races in this country apart from 'bumiputra'. I say, go ahead and implement it....

I bet that when all the non-'bumiputras' withdraw their commitment with this bank...It's guaranteed that this arrogant bank will move from being the largest bank to the smallest(only if it's able to survive) in a relatively short time.Now to the 'ingenious' management of this bank who came out with that foolish decision, please use your head and think before you implement anything in future.

There's a saying, "There is pride before downfall". God gives us a head to think and not for fun! For if you don't need them, you won't have them.

Don't play play ar!!!





KLCI faces another test this time around and if the bullish sentiment fails to keep it above 1340, I'm afraid we're going to have to wait for a longer period to see the emergence of an important bull which ultimately will drives the index towards and above 1400...Financial or earning report always serve as a catalyst to investors when they're evaluating a stock.

This is the basic requirement for even the most 'simple' long term investor. When the heart of all foundation is questioned, the confidence is shaken and that results in a beaten stock price for a particular company.

Why such incidence could happen?Or perhaps I should say, how could such a big company like Transmile allow such things to happen?What has gone wrong? If this can happen to Transmile, what about the rest? how are we as investors gonna have faith in such earning reports in future?


Integrity and credibility does not comes overnight... it is built and tested over a long period of time... shattering it is easy while effort to regain it will be difficult and takes time. I do hope this event will serve as a reminder to the rest of the listed companies out there to be vigilant of what they report in future.
Least we want to see is another case solely made in Malaysia.




Sunday, May 6, 2007

Timecom a trading buy....


News on Digi buying into timecom has been floating around the market for quite some time since the former failed to land licences for both 3G and wimax...timecom chart has a breakout and is likely to trend up further once the MACD trend exhibit the bullish centerline crossover... with the impending departure of Maxis from the market, funds will be looking for somewhere to park....hence there's a good chance the good news will be announce soon... I made my call, now it's your turn to judge and decide...