Bursa Malaysia Direct Deal : 22-Sep-2008
the link : http://groups.google.com.my/group/bmdd/browse_thread/thread/31bab61954f29acc?hl=en#
UMNO leaders siding IOICorp too much !! This is not a good sign as if Bursa Malaysia has only one stock can make a rise. Furthermore, IOICorp is a CPO counter, and CPO has no value !!
Najib is right, RM should not re-peg with the collapsed US$ and Mahathir delibrately made a wrong statement to let Najib to do the correction. This is too obvious, so is the share price hike of IOICorp !!
Think about this equation : Market Prize = Par Value + Local Funds + Hot Money.
As Hot Money = Japanese Yen, and with the Jewish faction ceased to exist after July 2008, so Hot Money either = 0 or = RMB.
So pushing up IOICorp too much, even though Hari Raya is near, but with IOICorp's Par Value in negative territory, this is very dangerous !!
the link : http://groups.google.com.my/group/bmdd/browse_thread/thread/31bab61954f29acc?hl=en#
UMNO leaders siding IOICorp too much !! This is not a good sign as if Bursa Malaysia has only one stock can make a rise. Furthermore, IOICorp is a CPO counter, and CPO has no value !!
Najib is right, RM should not re-peg with the collapsed US$ and Mahathir delibrately made a wrong statement to let Najib to do the correction. This is too obvious, so is the share price hike of IOICorp !!
Think about this equation : Market Prize = Par Value + Local Funds + Hot Money.
As Hot Money = Japanese Yen, and with the Jewish faction ceased to exist after July 2008, so Hot Money either = 0 or = RMB.
So pushing up IOICorp too much, even though Hari Raya is near, but with IOICorp's Par Value in negative territory, this is very dangerous !!