If all currencies weaken against USD post QE, and oil price moves up to USD 100 will effectively kill economies of developing countries. More unrest, more chaotic, more violence. So US should make sure strategic oil stockpile play its role.

SKPetro sails to holland?

Correct. Those who survive 1997-98 crash will live forever.

US stock market total capitalisation is at 203% of US GDP now, very close to 206% just before 1929 crash. What should we do?

When Lehman Brothers collapsed, gearing was 17 times.
Gearing for FED is 77 times right now!
Any fluctuation of 1 USD will magnify by 77 times.
How much trade margin a remiser get? 8X.
How much margin account with collaterised account? 1.8X.
09/11/2014 17:40

World market going to collapse in 2015.
http://www.youtube.com/watch?v=Le73sWDlhz4

I believe every hedge fund managers see USD going to strengthen against ringgit. SKPetro is not going to be the only facing selling pressure. Later you will see one by one foreign fund favorite will suffer same fate.

TOP 30 SHAREHOLDERS BASED ON RECORD OF DEPOSITORS

4 HSBC NOMINEES (ASING) SDN BHD
PLEDGED SECURITIES ACCOUNT MITSUBISHI UFJ SECURITIES
INTERNATIONAL PLC FOR SEADRILL LIMITED 445,136,880 7.43%
6 CARTABAN NOMINEES (ASING) SDN BHD
EXEMPT AN FOR STATE STREET BANK & TRUST COMPANY(WEST CLT OD67)
105,954,968 1.77%
15 HSBC NOMINEES (ASING) SDN BHD
BBH AND CO BOSTON FOR VANGUARD EMERGING MARKETS STOCK INDEX FUND
60,711,025 1.01%
26 HSBC NOMINEES (ASING) SDN BHD
EXEMPT AN FOR JPMORGAN CHASE BANK, NATIONAL ASSOCIATION (USA)
29,866,004 0.50%
29 HSBC NOMINEES (ASING) SDN BHD
EXEMPT AN FOR JPMORGAN CHASE BANK, NATIONAL ASSOCIATION (BVI)
25,655,300 0.43%
30 CITIGROUP NOMINEES (ASING) SDN BHD
CBNY FOR UNITED NATIONSJOINT STAFF PENSION FUND
25,000,000 0.42%

Again please check USD vs Ringgit. Very soon it may become 3.50, 3.60, and perhaps 3.80 by beginning next year.
If you are foreign fund, do you sell now when USD still at 3.35, or you sell when USD is 3.80 per ringgit.

No mad cow disease, just simple economics.

在希望中活著 在失望中死去

Most share analysts suggest buy SKPetro now. No body is going to cheat you. If you think SKPetro is cheap now, you sell PJD and buy SKPetro. Make money, analyst won't ask for his share. Lose money, don't blame lah.

He is IB

To me, no other game is fairer thank the share market. It is always there. Got money, buy more. No money, buy less. Share cheap, buy more. Share expensive, sell more. PE low, P/BV low, DY high, then share is cheap, buy more. Otherwise share expensive, sell more.

Don't just keep on complaining OLH cheats. OLH never cheat. He said it right from beginning, he wants to reorganize and restructure what he already has. He never say he want to buy up all PJD shares. It is up to you if you want to sell your share to him, or sell it in the market. Probably you may have bought it cheap, before OLH became major share holder of PJD. If you buy expensive because you bet OLH may "privatize" PJD, that is your call. If you lose money on your bet, don't blame others.

It is a fair game. Buy if you think it is worth, sell if you think it is overpriced. Why don't you complain when price was below 1 ringgit?

Regardless of fairness, to save MAS and keep national flag flying is doing national service. Just keep quiet and pay your income tax and GST. Be a good citizen.

Let's take compensation ratio 1 mth for every year service, and every staff work average 26 years. This will work out average salary of MAS staff to be 10k pm.

1.6B for 6000 staff under VSS, work out to be 266k per staff. Fatt lor.

Example if you don't vote in favor. Nothing is impossible, only a matter of save face or lose face.

Malév Hungarian Airlines was the national flag carrier and principal airline of Hungary between 1946 and 2012. It had its head office in Budapest, with its main operations at Budapest Liszt Ferenc International Airport. From there, the airline flew to 50 cities in 34 countries worldwide. On 3 February 2012, Malév stopped flying and on 14 February 2012 was declared insolvent and ordered liquidated by the Metropolitan Court of Budapest.

What do expect if money start to flow back to US? Ringgit is depreciating fast.

If somebody has strong enough financial muscle, counter offer at 1.80. Perhaps this will make OLH pay 2.00. Check out how Hong Leong Capital game play.

Lazada will be next Alibaba in Malaysia

MaGIC need your supports. Malaysia Boleh!!

This is cheating on the uniformed investors. Recall the history of South Sea Bubble. You will be safe if you are not greedy. With the money, you will be much safer to be with IOIP.

Friday is T3.

support level at 3.00, I believe easily breaks.
Next support 2.80. Probably need longer time to break.
Next support is 2.40.
I will start buying at 2.81, then 2.51, then 2.41 .....

Typical case of feeding from single seller. If buyers are 散仔, result is definite.

Someone also put up bund to prevent flooding

Cost of putting up a house definitely will go up. To make profit, developer has to sell what ever cost incurred plus a profit margin. Probably sell at 10% to 16% higher as what calvintaneng said.

The only problem will be the purchasing power of disposable income(which may remain the same) to be eroded due to GST and hike in petrol price. Couple with impending interest rate hike, potential buyer will be eligible for lesser loan amount. This effectively place certain buyers out of reach. Consequent is lesser demand. When supply exceed demand, price will drop to a level to establish new equilibrium.

So if developer try to sell houses at 10% to 16% higher, less people buy.
Less people buy, developer holding more stocks.
It will come to a point when developer cannot hold on any more, then cheap sale coming.
Similar incident happened in 1986-88, 1996-99, 2003-04.
Probably next round will 2016-18.

What can MSWG do? Force OLH to increase offer price? If I am OLH, and I don't intend buy more than necessary, 你吹咩? Want to delist PJD? What to delist OSK? Want to bar OLH?
So don't have high hope for the outcome.

Ask Mercury Securities Sdn Bhd, their analyst has been asking client to buy and hold since 12 Apr 2011 @ 49.5sen. Most recent call was on 26 Aug 2014 @ 22.5sen.

Don't remove your posting lah. What you wrote earlier mention that your mom and gf also fetch a price.
Btw CB means confined to barrack, implying that their freedom is for sale and nothing else.

Another ship sails to holland.
Read carefully 2013 Annual Rpt to find out why :-

#For the financial year ended 31 December 2013, the Board of Directors is not recommending any declaration of dividend.
The level of dividends to be declared for FYE 2014 and future financial year would be determined by the Board after taking into consideration the performance, cash flow position and financial requirements of the Group a swell as the prevailing economic conditions.#

What does that means? Cash flow problem?
Cash and bank balances is rmb 501 million
Total current asset is rmb 669m
Current liabilities total rmb 124m
Long term liabilities nil

Again read carefully:-
Revenue rmb 712m
Inventories, at cost is rmb 24m

Don't tell me all are produced just in time for delivery??????

If this set of account can be trusted, all creative accounting can be deemed to be accurate and factual!!!!

Don't wait to receive free warrant. A cheat is a cheat!!!!

Chee Bai Tat? What does it means? You are selling your mom and your gf's CB?

Everything has a price.

How much your surname worth?

nemesis --Nothing is impossible. In the first palce, why PJD shot up? Already got market speculation that OLH want to restructure PJD and OSK Prop. Why suddenly PJD dropped? Somebody has access to OLH think tank.
There are 1000 counters in Bursa. Bounds to have other better buy if PJD does not fall to my expected level.

Take that as your gaji for the work you put in.

If PJD fall below 1.40 before GO lapse, may consider to buy for return of 12-13% yield.

I have sold all PJD. Will consider after GO lapsed. Preferably less than 1 ringgit or DY reach 7%. Again it must be relative to the general market sentiment. No turning back when yield is 7%. Will just keep on collecting if price going down further.
Btw, not all oversea ventures sure to make money.

If you want to ask whether I bought PJD before. Yes, I did.
I bought PJD @ 70sen. Dividend always @ 5sen,. It works to have DY >7%. That is the basic criteria for good defensive stock.
Why want to chase when the share price already shot up?
Don't blame people if you are greedy and never want to do your home.

Take note the choice of his word:-
"It is not our intention to privatise [these companies], but to synergise them," Ong added.
In the first place, he already make it clear he just want to move his controlling stake of PJD and OSK Property into one holding company, others remain the same. GO is just the mandatory requirement. Why should he pay extra unnecessary? If he really want to get more PJD and OSK Property share, he can always buy them cheap after GO lapse.

Want to play with OLH?
He is IB lah.
He already done a good deed (CSR?) in the falling market.
He is the savior!
16/10/2014 10:16

Tan Sri Ong Leong Huat plans to merge PJ Development Holdings (PJD) and OSK Property Holdings Bhd soon. "We have that in mind. I think it will be quite soon. You will hear from me," Ong said. He said the consolidation of PJD and OSK Property will create a larger entity with stronger financial muscle, higher efficiency, as well as attracting top talent. "It is not our intention to privatise [these companies], but to synergise them," Ong added. (Financial Daily)

Source: CIMB Daybreak - 10 October 2014

To trust the red chips, better try PN17. All their accounts are questionable!

IOIP is definitely better and safer play than Ecoworld.

曾經是英雄 現在是狗熊

I prefer Hektar

Affordability should measure on unit cost basis. If cost of landed house is 200psf, a single storey terrace with build-up of 1000sf will be 200k, double storey with build-up 1500sf will be 300k. It is definitely affordable by those earning 4k and 6k.
The problem is those who earn 4k want to buy 2 storey house cost 300k, and those who earn 6k want to buy 2500sf house that cost 500k.

For city dwellers, landed is always around 500 - 1000 ringgit per sf. To buy a 2000sf house will cost at least 1 million. Definitely this is not what city dweller should aim for. They must be more realistic, apartments around rm 400 to rm 1000 psf are available. For 1000sf apartment, entry price is 400k. If you earn 8k a month, buy one 1000sf apartment. If you earn 7k, buy a 850sf apartment.

Rule of thumb is to buy a house with 50 months gross salary. Earn more can buy bigger house. Earn less then buy a smaller house. Bounds to have a house that suit your budget. House price in Malaysia is still affordable!

Share buy back subject to many misuse of share holders fund and manipulation of share price. Very glaring example is Parkson Holding Bhd. Ask and find out yourself why I say so.

PRS is not a reliable scheme. Never believe those funds can give you better return than EPF. To put money in PRS, I would rather prefer to contribute more in EPF.

Even the renowned Public Mutual has 13 Funds removed under PRS scheme. Make detail enquiry about management fees, entry fees, returns, why so many Funds failed. If they tell you market sentiment no good, ask them what are they good at.

If you are not greedy, put your money in retail REITs like Hektar, PavReit, CMMT or even IGB Reits on a regular basis. They will help you to achieve financial independence and see you through your golden years.

Limit your car loan to 8 month gross salary, then you should be ok.
Salary 3k, car loan 24k, salary 10k, car loan 80k, salary 20k, car loan 160k.
Play safe, don't over spend on car.