
Hi Livermore.....are u still vested in Ferrochina? What is ur tp for this stock? Tks
Stupidbear ( Date: 21-Sep-2008 01:16) Posted:
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Coming from a Veteran, thanks thanks!
If you have comments/critics, don't paiseh just post.
Hi SB,
I like your blog and comments. Thanks.
Stupidbear ( Date: 20-Sep-2008 20:55) Posted:
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JPMorgan target $0.55 cents.
CIMB target $2.44 cents.
Market talks acquisition by strateegic investor
Which one to believe?
US index is making everyone nervous. Is this the capitulation they were talking about for months?
STI down 42 pt. and this counter only down $0.015 cts. with 60 million shares done.
I believe the BB are going to push this counter soon.
jackjames ( Date: 16-Sep-2008 16:58) Posted:
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AK_Francis ( Date: 16-Sep-2008 17:14) Posted:
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Just cautious, only few S stocks in green today.
Remember, sometime ago, China Central Gov wanted to cough out billion of $ to rescue the half dead stock market? Why is the money now, as a rebate to banks for the rate cut, in near term??
AK no idea, but just curious loh.
Dun know if the latest rate cut by China's central bank will help at all.
China's central bank, acting against a background of extreme stress in global financial markets, cut benchmark lending rates by 0.27 percentage point on Monday.
The cut lowers the cost of one-year bank loans to 7.20 percent. Benchhmark deposit rates remain unchanged with the one-year rate at 4.14 percent.
The People's Bank of China also cut the reserve requirement for all except the country's five biggest banks and the Postal Savings Bank by 1 percentage point.
It is the first time that the central bank has lowered the proportion of deposits that lenders must hold in reserve since November 1999.
The cut in lending rates takes effect on Sept. 16; the cut in reserve requirements goes into effect on Sept. 25, the bank said on its website.
The PBOC said the aim of the easing was to maintain fast and stable economic growth.
Monday's cut marked a partial reversal of a steady stream of increases in required reserves, which the PBOC raised on 18 occasions between July 2006 and June 2008 to mop up cash flooding into the banking system from China's balance of payment surplus.
ha ha, AK gut's hairs almost all turned white and dropped liao. next legs feeling soft as well.
but later still can go for a short run to take in fresh breeze.
another 25% drop.... kau... i don't think anyone dare to buy now...
ha ... guess have to wait until the history lowest price,.... that is 0.265 , another 50% more to go... not to mention the IPO price is 0.50 !
jackjames ( Date: 15-Sep-2008 12:00) Posted:
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AK_Francis ( Date: 15-Sep-2008 12:09) Posted:
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