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BAC?
LVS n MGM gone mad.. near 10 bucks liao...
I dun see the problem if they're using their retained earnings to pay for it. Second, there is a need to retain and reward workers even in difficult times. What Treasury needs to do is to avoid micro-managing Citi and give them the space to manage the company as they see fit. Afterall, the retained earnings came from profits derived from its operations. I think it will do more harm to Citi if they lose key personnel at this juncture and it would be penny wise pound foolish if that really happens.
hotstock ( Date: 30-Apr-2009 15:01) Posted:
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Yes but why now when it may need more capital injection. Timing is not right
Paying bonus is alright as long as it is a prudent one. Must reward the staff, otherwise who want to work?
Dow shrugged off Swine Flu. Good news! I think the Bear is sick with swine flu, at least in sick bay now....LOL..
hotstock ( Date: 30-Apr-2009 14:36) Posted:
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I have different view for citi. Selling hard asset to pay bonus. What is this? Think all this mess have not woke them up. The share price should be punished!
Aig can buy when it fall back to $1.28
Citi can buy when it fall back to $2.60
And wait for 2-3mth.
The price will hit 2x.
Anyone buying US stocks? Can share your picks here? I have missed buying citigroup when it was at $1 plus despite my friend kept telling me to buy and now i think its a little too late to enter cos the 1 year target price is not more than $4?
Same goes to AIG where it was dead low and i missed the buy too.
Anyone any comments. Tks