Friday, November 30, 2007


The virtual investment game; Bursapursuit was ended 30-11-2007.

The top gainer was 'Tiger Chan', age 57, Remiser with total value of RM1,107,600.74. 2nd top player also achieved RM 1,032,293.90. They make 4 folds from starting capital RM250,000. Well done. Congratulation!

There are total 43,092 people were register the game. There are 28% players are not active. The statistic below is ignored the non-active player.

There are 23% players were recorded gain (>RM250,000) at end of game. Only 0.66% players can make more than RM500,000. Then 2.44% players recorded 20% gain, 20% player gain less than 20%.

However, total 77% players were losing their investment. there were 20% player lost more than 20% of their capital.

(if you interest the full data, pls drop me a message. I will send you the data.)

Thursday, November 15, 2007

World Bank Upgrade East Asia Growth Despite U.S. Slow Down

East Asian economies are likely to remain robust in 2008 despite growing concerns about the U.S. sub-prime crisis and increasing global oil prices, says the World Bank’s latest East Asia & Pacific Update.

The Update – a six-monthly report on the region’s economic and social health – finds that growth in emerging East Asia1 is expected to exceed 8 percent in 2007 for a second year in a row and to moderate only slightly in 2008. Although East Asian exports to the US have already slowed, more buoyant investment and consumption in China and other countries have allowed growth to remain strong and even pick up this year.

China is expected to grow by 11.3 percent in 2007 and that is expected to slow only modestly to 10.8 percent in 2008. The stronger growth dynamic extends to middle-income economies in South East Asia and continues to run at solid 7 percent to 10 percent rates in low-income economies of the region including Cambodia, Lao PDR, Mongolia and Vietnam. Growth is also running at above historical trends in some of the small Pacific Island economies due to high commodity prices although social tensions and political instability continue to undermine performance in some of these countries.

Wednesday, November 14, 2007

No Sen on 1-April-2008

The Government's rounding mechanism for over-the-counter transactions will be fully implemented by April 1. All payment totals will either be rounded up or down to the nearest five sen.

Domestic Trade and Consumer Affairs Minister Datuk Shafie Apdal said this move would benefit consumers, businesses and the Government.


Bill ends in sen

Round-off to the nearest 5 sen









Monday, November 12, 2007

TOP 10 Bargain Stock

While the benchmark index has registered total returns (capital gains and dividend yield) of 29.6% year-to-date (YTD), there are 37 component stocks that have underperformed the index.

Here are 10 stocks selected by analyst to be consider.

1. ASTRO - Looking at the privatisation angle
2. PROTON - Will marriage be the answer
3. TENAGA - Long term value intact
4. KURNIA - A better tomorrow?
5. MAYBANK - A crouching tiger
6. HLBank - Ripe for the picking
7. EONCap - Target of M&A
8. TM - Breaking up to unleash value
9. DRB-HICOM - A restructuring play
10. PLUS - Moving towards a semi-growth stock

Sunday, November 11, 2007

Brazil found 8 Billion Barrels Oil

The government-run oil company Petroleo Brasileiro SA, or Petrobras, said the new "ultra-deep" Tupi field could hold as much as 8 billion barrels of recoverable light crude, sending Petrobras shares soaring and prompting predictions that Brazil could join the world's "top 10" oil producers.

Petrobras President Sergio Gabrielli said Thursday the oil from ultradeep areas, including the Tupi field, would give Brazil the world's eighth-largest oil and gas reserves.

Petrobras says the Tupi field, off Brazil's southeastern Atlantic coast, has between 5 billion and 8 billion barrels -- equivalent to 40 percent of all the oil ever discovered in Brazil.

Brazil's total oil reserves currently rank 17th in the world, with 14.4 billion barrels of oil equivalent, Gabrielli said.

Thursday's news of the discovery rocked a country that became a net oil exporter only last year but must still import light crude oil for the refined products it needs. Brazil produces -- and exports -- mostly heavy crude oil, which has to be mixed with the light oil in refineries.

Petrobras' American depository shares jumped $24.03 to $116.77 on the New York Stock Exchange to close at a 52-week high. In Brazil, Petrobras shares ended 14.1 percent higher Thursday at 80.17 reals ($45.94) in Sao Paulo.

The Tupi field lies under 2,140 meters (7,060 feet) of water, more than 3,000 meters (almost 10,000 feet) of sand and rocks, and then another 2,000-meter (6,600-foot) thick layer of salt. The company drilled test wells that lie under 2,166 meters (7,100 feet) of water, 286 kilometers (177 miles) south of Rio de Janeiro.

Monday, November 5, 2007

PetroChina 1st Firm Worth More Than $1 Trillion

PetroChina 's shares nearly tripled in their first day of trading in China today. The company became the world's first company worth more than $1 trillion on Monday, surging past Exxon Mobil.

PetroChina's new shares listed in Shanghai surged to 43.96 yuan Monday, nearly triple the IPO price of 16.70 yuan. (100 RMB = 13.4160 USD)

PetroChina current listed in Hong Kong Stock Exchange (0857.HK
), New York Stock Exchange (PTR.N), and Shanghai Stock Exchange (601857.SS)

KLSI, 2nd Board & Mesdaq Index retired

2nd Board Index => FTSE Bursa Malaysia Second Board Index

MEASDAQ => FTSE Bursa Malaysia MESDAQ Index

Index/Sector Name

Number of Constituents

FTSE Bursa Malaysia 100 Index


FTSE Bursa Malaysia Second Board Index


FTSE Bursa Malaysia MESDAQ Index


Saturday, November 3, 2007











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Thursday, November 1, 2007

Fed second cuts rates

Oct 31 - As expected, the Federal Reserve cut the Fed Funds rate, but its impact on ailing housing market remains uncertain.

Americans may find some relief because of the rate cut, but because it was expected, a lot of the impact was already factored into the market.