Thursday 24 February 2011

KLCI @ 24 Feb 2011

What will be the KLCI index tomorrow? Green or red?


Mixture of good and bad news coming out on 23 FEB. 先苦后甜,let us have some bad news first.


1. Libya: Gaddafi refused to tolerate. Further threatening of destroying Libya economic.
2. Bahrain: Government willing to have a discussion but protester refused. 
3. Dow Jones in red region 
4. Greece: Protest from people
5: HK: Protest on the Budget 2011 and warned by Financial Secretary John Tsang Chun-wah about the future challenges on inflation.
6: JP Morgan estimates NZ quake cost at $12bln
7. Oil Price surge. inflation??


Good news:
1. 4th quarter report out for few giant. Nice and profit report like Genting, Kossan, HLFG, IJM, KLK, TCHONG...
2. Tenaga announce the solar power plant. Who's going to benefit from it? Cost RM60million. Worth? No idea.
3. Petra Perdana: Rumors on could be a major beneficiary of jobs stemming from Petroliam Nasional Bhd’s (Petronas) recent deep-water finds at Sarawak’s NC3 and Spaoh-1 deep-water wells.
4. Spain optimistic over enhanced rescue package






Conclusions: UP or down? 

Judge your own.
Heard from someone said this before:
I come with nothing, gone with nothing; therefore, nothing to lose.
胜利是留给准备好得人!

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