Maybank Investment Head strategist Lee Cheng Hooi had been bearish for the past few years ... hhmmm market had rally quite a bit but everytime his paper column is still very bearish .... ?????
yesterday India confirm import tax for edible oil at 2.5%, plantation stocks down especially "Sarawak Toy Farm" hehehe .... from 5.75 to 5.62 , anyone manage to catch ??? hehehe
Can you imagine both parties have been collecting all these while, and everyone else selling?
After the Edge and now a john loh reporting, something's still not right here to me! Price needs to be pushed up for someone's exit soon? Possible right? If someone selling to everyone's buying, apa cerita? Best wait for certainty in 31st January! You guys really playing into great white sharks territory!
May be wrong here, but I have no doubt at the end Abu & co will be leaving scomi with lotsa money, one way or another. How big is the bounty, is subject to speculation at this moment. IJM and especially Shah will not want Abu faction in the camp!
me, small investor lah.. as long as it grow slowly ,i'm happy already..:) dare not think making in between lah.. anyway, happy to see u guys making money:)
IJM: Entry into Scomi to get nod. Shareholders of Scomi Group, including factions that had previously opposed the entry of IJM Corp, are now ready to vote in favour of the construction giant becoming the former's biggest shareholder, sources familiar with the situation said. This means the proposed issuance of MYR110m worth of bonds to IJM, the sole item on the agenda for the EGM set for Jan 31, is likely to sail through, contrary to earlier reports that two opposing sides within Scomi were preparing to lock horns. The bond issuance, when converted, would make IJM the single largest shareholder in Scomi with a 24.4% stake. IJM, which now has a 10% interest in Scomi first emerged in the oilfield services provider last September when it subscribed to a private placement for 33 sen a share, or MYR33m. (Source: The Star)
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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....
pathew
2,028 posts
Posted by pathew > 2013-01-17 09:38 | Report Abuse
@rocket, greenmail? check investopedia bro :)
lou sifu, Korek for Oil now ah? Swiss no oil right?