Time to collect, as three unit of IOICORP, only able to get 1 unit of IOIPG with offer price rm1.76. As you see the IOICORP price, those investor not yet breakeven.
Monday sure up because postive news as a FBM CI component stock. Funds should be buying IOIPG for index exposure. Expect at least a 20 sen upside on this news.
I don't think so. If it were to happen that's the end of Singapore. They have the sovereign wealth fund (among the world's highest) which Iceland doesn't have. They have trade unlike Iceland which rely mostly on tourism. Their mistake was being a financial centre where they did not see it coming (or regulate it much). My opinion.
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cheeseburger
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Posted by cheeseburger > 2014-01-15 14:49 | Report Abuse
someone just paint the good picture of properties, 2014 1H does not look good for most prop sector...todays news: new home sales down 80%
http://www.straitstimes.com/breaking-news/money/story/new-home-sales-down-80-cent-december-20140115
how could IOI Prop escape unhurt?...