Posted in Investment on Feb 28th, 2007
The Kuala Lumpur Composite Index closed today at 1196.45 points, down 40.63 from yesterday’s close. This means that it has breached the 1,200-point level on its downward journey. Whatever you do, don’t panic. Especially if you are an investor. Who wouldn’t be worried about the stock market yesterday or today? Who wouldn’t be worried about [...]
Posted in Investment on Feb 28th, 2007
It’s crazy, commented my friend Jeffrey as we sat watching the freefall in the Bursa Malaysia this morning. The market had opened sharply lower and as we watched, the Kuala Lumpur Composite Index had already shed some 70 points. Almost 600 counters were in the red and less than 10 were in positive territory. The [...]
Posted in Investment on Feb 27th, 2007
I was going to wait until this Thursday before I start thinking out loud whether the Kuala Lumpur Composite Index could push beyond 1300 points in March but apparently, it will seem very difficult. Today, it looked like investors in the Far East have taken fright. After impressive gains since the beginning of the year, [...]
Posted in Chess on Feb 23rd, 2007
By my estimate, between August 1980 and today, I must have written slightly over a thousand chess columns for The Star. Given that on an average, a single column of mine would contain about 1,000 to 1,200 words, this scribe may have contributed perhaps about a million words here. It’s a mean feat, isn’t it? [...]
Posted in Rockwills & Estate planning on Feb 22nd, 2007
I suppose over the past few weeks, you may have received emails advising you to check with the nearest EPF offices on the nominations you have made for your EPF savings. I have. As a contributor, it is quite natural if you should feel alarmed. Apparently, news was going round that several people had checked [...]
Posted in General on Feb 18th, 2007
Aw …. aren’t they cute? I got them from my wife. She wants to use these red packets for our nieces and nephews but I got to them first! They’re for my blog, you see, and there are a few more that I’m keeping for next year. In the meantime, I’d like to wish all [...]
Posted in Rockwills & Inheritance on Feb 17th, 2007
Here’s a story about a celebrity dying and leaving a Will that is bound for contest in the US courts. Anna Nicole Smith, the former Playboy model and actress who died in Miami, Florida on 9 Feb 2007, wrote a Will leaving everything to her son, Daniel Smith, and excluding any other person from the [...]
Posted in Penang on Feb 17th, 2007
I used to live in Seberang Jaya on mainland Penang. Then, more than two years ago, I moved to Bukit Mertajam for a change of scenery. At that time, the Butterworth Outer Ring Road was being built. One end starts at Prai/Taman Inderawasih and the other end starts at Bagan Ajam. So it is very [...]
Posted in Investment on Feb 3rd, 2007
The Kuala Lumpur Composite Index closed at 1,209.48 points yesterday (2 Jan 2007), breeching the 1,200 barrier, and is now poised to overtake the high of 10 years ago. According to the Bursa Malaysia, there is a lot of interest from foreign institutional buyers and it is their money that has made the local market [...]
Posted in Investment on Feb 1st, 2007
It was exactly one month ago when I wondered whether the Kuala Lumpur Composite Index, then hovering at around 1,096 points, would shoot beyond 1,100 on the first day of trading in 2007. I wasn’t disappointed. If you had put your money into the market (assuming you buy the correct counters, that is) at the [...]
