history repeated again , is nothing special and weird, just people are always forgotten. Recent world market slump on year 97, 2007,2009 had same scenario. All Start from hot Money, in year 97 world market slump start from Thailand and sweep all over south East Asia . In Year 2007, mortgage Crisis cause world market slump again. In Year 2011, Euro Crisis Market slump repeat again. Above there had same point, HOT MONEY. year 97, klse from 1400 something drop to 350 something, 2007 dow jone from 12000 drop to almost 6000, 2011 greek index drop from 2850 to 300, 90% asset gone. From this cases at least all the winner from big investment bank such as morgan stanley, citibank, hedge fund(george solos), PIMCO, are using real money to bet and win our country and other world market money. This few years with FED USA government help by printing money to boost world economic market, i cant imagine the impact if the USA FED wanna to increase rate which will cause hot money dissapear from developing country . Recent analysis also showed the country such as indonesia, thailand, malaysia , vietnam are high risk due to our foreign debt are near 50 to 60%..This is very simple theory, somebody lend u RM100, then u go to invest and earn RM10. You are very happy and borrow another RM100, and u make double profit. soon and later , you are same with other increase your modal become 5 time to 10 times to hope extra Return. but end of days you find out profit is not high as previous since more people are playing this game as well, suddenly your debtor wanna pull out their modal and before you make the profit you need to sell cheap price since you need to pay your debt. You will Find out you lose every thing to your borrower include your starting modal. Most Of Richer man know earn what they want , sell to realise profit and wait another Chance. Good Luck , Everybody.......................
cut lost from Rm0.55 to Rm0.520......A disappointing counter. Moved my fund to other counters and hopefully would able to bloom! Good luck to all my comrades who have accompanied me so far.
Khootk...I have to praise you for brave enough to cut loss....many of us miss the best timing to cut....I think better solution now is to close our phone, tablet, electronic and wait for the stabilize market back...feel very oversold...
I strongly believe this counter will not always stay at such low price. Just like I believe crude oil price wont always stay low. That why I keep this counter and skpetro..lets see how it move on next couple month.
The major share holder why change the LA to mother at this moment? (1) Mother share will give more dividend then LA? (2) Mother share more easy to sell? LA have fix divident should be OK mah.
If future share price going up, changing L&G-LA to mother should be more profitable, unless the share price is less then current. but is it possible? why?
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This book is the result of the author's many years of experience and observation throughout his 26 years in the stockbroking industry. It was written for general public to learn to invest based on facts and not on fantasies or hearsay....
Xiao Mi
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Posted by Xiao Mi > 2014-10-13 22:30 | Report Abuse
wonder how is the price tomorrow...