45. The Merchant Shipping Act 2011 mandates insurance or financial security for third-party liability coverage for ships operating in Malaysia. Currently, most large cargo ship owners in Malaysia have third-party liability coverage through Protection and Indemnity (P&I) overseas.
46.To assist owners of cargo ships with gross tonnage not exceeding 300 tonnes, the Government will establish a Malaysia P&I Club under Exim Bank. The Club will offer third-party liability protection at reasonable premiums.
Hi All How is everyone.Just read the article The boom and Bust on your right and one sentence capture me.
Patient long term investors have been handsomely rewarded. There will be plenty of economic thunderstorms ahead, but hiding in inflation is eroding cash. Attempting to time the market is a recipe for financial disaster.
So tomorrow 14.10.14 ... I posted it will be bull run start... for Bursa Malaysia of course not the whole region. Last Friday Dow Jones drop 115 points and just now check Bursa only drop 5 points.
So will there be a bull run starting tomorrow... we will see.
In my opinion ... the budget is quite ok . Less business and personal tax .. more handout. .. where will the extra money channel too.. Oil price down....Foreign fund exit almost coming to the end.. Soon Bursa Malaysia dust will settle... the correction in Bursa Malaysia will be lower....
and the price will stabilize... then what happen next ..
In my opinion ... it will be for Bursa Malaysia.. Read some where... when our index drop below 1800 ... local fund will come in and support... and price will be up again... That is the time local fund will buy cheap... and after that what happen.. of course will want to sell with profit and higher... Bursa will experience bull run... then retails like us yes you and me also get excited.. and will join in... How much bad news can the media come out... as price drop most recently.. It is already factor in.... all the bad news.... We do not have a major world financial collapse yet... no such new pointing to it... some agreed just a major correction...
Yes. I agreed ... the major world bourse will collapse in coming months and years.. Anyone can give a date.. No one can...
Bursa Malaysia is unique.... When there is past bull run in Asian .. Bursa Malaysia was the most active one... All foreign fund jump back in when they smell the bull run in Bursa as the RINGGIT GO STRONGER...... compare to USD dollars...
Today q 500lot at 0.015 hub w...cant get so tomoro will early que hopefully can get it...parent share will q at 0.03s hopefully will done soon this week
We see how the KLCI index end today.. Remember DJ down 223 points yesterday.. Will KLCI index hold up... Hopefully beginning of bull run for Bursa Malaysia.
KLCi index plus 3.15 ... is that good ? how will be the closing ... Bull run start ? Join in now to cheer. I am going for meeting now and will not have access of internet at home. Join the force and I will see you all tomorrow. Today is the day...
Mozaic : too bad...Dow Jones Industrial Average Dow Jones Indices: .DJI - Oct 14 4:35 PM ET 16,315.195.88 (0.04%)
whatever it is.... it is still up to the BIG Players whether they want to support the mkts. well.... i am just a hitchhiker to trying to get some extra $$$ ;-)
Stock Market is for those who have staying power .. Advise only , please do not contra or even trade in margin if we are just ordinary employees .... or student .... or retired... The world of trading has change .... it is moving too fast... Holding power is the key... I am not afraid when market drop ?... I am also afraid........ but at the end holding power is the one will get us though all the storms ... Yes it is dropping now.... but cannot forever drop... it will come to a base ... then this players buy at bottom will want to sell at profits .... then market start moving up again.. When ... ? Let your holding power decide... Yes invest only in company that can outlast the storms... Company which fundamental still intact.. not PN17 company...
14.10.14 I say start or beginning lol .... on that day Dj drop 223 points Bursa drop how many point 1.13 point only .. Not bad lol.... NOV /DEC ... good month... Dow jones ... keep on dropping they also cannot tahan ... No Worry Dow jones will take care of themselves... Our local fund will come to rescue soon... Why ... If share price keep dropping ..... then what happen to all the shares they "BIG BOSS" pledge to bank ... Bank will ask for extra collateral .... All big blue chip and listed will be in trouble. BIg Boss will be in trouble ... so help is on the way ...... No worry..
Bursa is unique not like other bourses... Foreign fund can leave and have done so since January.. Now local fund coming to nibble in the Market... Watch the Bursa index....
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daren
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Posted by daren > 2014-10-10 12:00 | Report Abuse
can buy this?