DOW up 50 points. Gold at 1826 and Silver at 41.6.

Silver : Should we buy physical 1kg silver bar(buy : RM4590, sell RM4140 today). The spread is huge and profitting more the company, not retailers/investors like us.

Gold : For 1kg gold bar, buying price is RM177k and selling at RM173.5k.

3.00 pm : Equatorial, Cameron Highland

To access to internet, I have to pay extra RM30 and the connection in the room is not good, so I have to be at the lobby now to check on few things, online.

Will like to write about MEGB, JCY, UOADev Armada. These are new IPOs which trading BELOW their IPOs' values. Yes, counter like Armada was over-valued BUT many investors jumped in and it surged. MEGB and JCY are two of the worst IPOs (please do not compare them with XOX, MClean and such la) and at new low. MEGB is interesting as management said it was very cheap at RM1.80. Today is so much cheaper?? UOA is interesting too as I will like to see how market value her. A penny-stock soon?


TEH