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Archive for October, 2007

This article is reproduced from the Bursa Pursuit website. It’ll be useful if you intend to take part in their Challenge Game which runs from 1 Oct 2007 until 30 Nov 2007. Getting A Stock Price   The stock price is the market price of a stock. Using the Bursa Malaysia website you can view [...]

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New KLCI all-time high: 1,411 points

The Kuala Lumpur Composite Index (KLCI) rose to an all-time high of 1,411 points yesterday (29 Oct 2007) as dealers said that the stronger ringgit intensified buying by local and foreign funds. The KLCI opened 5.40 points or 0.39 percent higher at 1,403.75 and closed at a new all-time high of 1,411.62, up 13.27 points [...]

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Lim Goh Tong

Today is the funeral for the Genting founder, Lim Goh Tong. It has been seven days since he died. The funeral promises to be a grand affair befitting a man of his stature. A simple man, yet a very successful man. He really carved a name out for himself after arriving from China to seek [...]

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AirAsia to fly into Singapore

Christmas has come early for AirAsia boss Tony Fernandes. The biggest story in today’s newspapers is the news that AirAsia has finally been given the green light to fly into Singapore. This is the biggest present that Fernandes could have hoped for. And only a few days ago, he was still venting his frustration that [...]

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Penang bridge’s third lane

The third lane on the Penang Bridge is expected to be completed by August 2009, according to the works minister, S. Samy Vellu. And the lane would probably be designated only for heavy vehicles to overcome congestion on the bridge. In the meantime, heavy vehicles would still be allowed to use the Penang Bridge even [...]

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This is a press statement released by the Employees Provident Fund (EPF) yesterday. I shall comment on parts of this statement later when more details are available: About 11.4 million Employees Provident Fund’s (EPF) members are expected to benefit from a comprehensive plan which will promote savings and enable members to have more funds to [...]

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This article is reproduced from the Bursa Pursuit website. It’ll be useful if you intend to take part in their Challenge Game which runs from 1 Oct 2007 until 30 Nov 2007. GOLDEN RULE 4: Don’t Buy And Hold The Malaysian stock market is one of the strongest and sometimes most dynamic markets in the [...]

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Let the spirit of nationhood burn bright

As we celebrate the 191st anniversary of the Penang Free School today, here is an interesting reminiscence by A. Murad Merican that appeared in the New Straits Times on 25 Aug 2007. Murad is an associate professor at the Universiti Teknologi Mara in Shah Alam where he teaches mass communication and the social sciences. What [...]

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Malaysian investors remain bullish

A Bernama report two days ago said that despite fears that the US sub-prime crisis will spread to the wider global economy, 60% of Malaysians have a positive investment outlook. The news agency was quoting a study by ING Asia Pacific that investor sentiment remains robust in most Asian countries.The ING Investor Sentiment Tracking Study, [...]

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This article is reproduced from the Bursa Pursuit website. It’ll be useful if you intend to take part in their Challenge Game which runs from 1 Oct 2007 until 30 Nov 2007. GOLDEN RULE 3: Always Trade With The Trend Trends are the cornerstone of trading. If a share price is rising, we can make [...]

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