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Dubai triggers the correction
Last Friday, Dubai created wave in financial market by asking for loan repayment extension. Market suffer a knee jerk sell off, many of the European bank are being affected, because of lending money to them. The debt amount is staggering. Compared t...
Hongguo FY09 Q3 result
Revenue +27.23% Gross profit +17.49% (because cost increase faster) Selling and distribution cost +35.39% Net profit -27.5% after the cost and tax increase Cash and cash equivalent 247,971 Current liabilities 244,356 Debt repayable in one year 40,97...
Market weakness in October
Last Friday, US market dropped again. The new set of numbers do not look good, especially unemployment rate rose. This could be the trigger point to a mild correction which bring all the market back to ground. The market rebounded from Mar low base o...
Book: Yes, you can time the market
Over the weekend, I was reading the book "Yes, You can time the market" by Ben Stein and Phil DeMuth. It is quite an interesting book to read, especially the concept presented in the book. The authors are trying to prove that you can actual...
FJ Benjamin FY09 full year result
Turnover -12%Gross profit -15%Rental +10%Operating profit -65%Net loss of 2,661 compare to profit 14,804 of previous year. Report highlight the underlying profit is 4,065 excluding the one off item and forex loss.Fixed deposit 14,008Cash on hand 19,3...
Genting Intl right issue
Those chasing hot stock should beware. The pattern is too common already. First, some news being released cause sharp run up of share price. The next moment, company announce share placement to raise more money. Many has done that to raise capital fo...

