What will happen if US debt-ceiling does not raise?

What will happen? First shares market around the world will react negatively.

As yesterday alone, DJIA already down 198 points but this is not solely their contributed problem, the other factor causing the falling is Greece. As S&P downgraded Greece government bonds to nearing junk status.


Chances of getting raise will be harder as US Presidential election is coming soon.

Lets hope the US politicians be mercy to everybody not just US but around the world too.

Old and new coins

Bank Negara is going to release new third series of Malaysia coins by beginning of next year.

The new coins - 50sen, 20sen, 10sen and 5sen - are smaller and lighter than the current coins, with more security features.

The coins were designed and wholly minted by Bank Negara in Malaysia.

 
To mark the new series of coins, 500,000 sets of commemorative coins was launched yesterday by Bank Negara Governor Tan Sri Dr Zeti Akhtar Aziz yesterday.


The commemorative coins issued are in the denominations of 5 sen, 10 sen, 20 sen and 50 sen, which was selling at RM10 per set.

How is Bumi Armada first day in KLSE?

Bumi Armada Bhd, controlled by tycoon T Ananda Krishnon made a strong debut in KLSE with a 30% premium over its IPO price of RM3.03.

The biggest IPO for KLSE this year opened at RM3.65 or 21% higher and closed RM1.11 higher to RM4.14.

With the stock being listed, we may see some money back to KLSE again. Hopefully with this money KLSE will go higher and more active in trading.

Stock To Watch : Bumi Armada

Bumi Armada Bhd is going to be listed on the Main Market of Bursa Malaysia today.

As the market sentiment improved yesterday, maybe it will help to push the price even higher today.

The final retail price was fixed at RM3.03 per share which was 12 sen lower than the initial offer price of RM3.15.

The listing of Bumi Armada will raise RM2.6 billion and also the biggest IPO for KLSE this year.

The Edge weekly's target price for this company is ranging from RM3.62 to RM4.05.


Lets watch how the shares fare today.........

What will BURSA / KLSE react?

DJIA up 200 points last night, 202.26 to be exact or 1.63% to close at 12,587.42. Last night up is the Dow's largest one-day jump this year.

Strong profits from some company like Coca-cola and IBM, and also news that President Obama gained some support from several senators to back his debt-limit proposal.

What is next for KLSE? Will there follow the up-trend or continue its own pace....
Sure, it will up afterall there went down so much for last two days.

Sunshine after rain. Lets wait and see.........

Player to watch for Liverpool.....

Liverpool beat Malaysia by 6:3 in yesterday Liverpool pre-season friendly match.

The match was watched by 80,000 fans, the stadium is almost full. The atmosphere in the stadium is electrifying and be one of them even fantastic. This is going to be in my memory for long long time, even better than the one watched in Singapore few years ago.

Next, Anfield here I come.

Estimated 20,000 more than Arsenal match. It shown Liverpool by far is the most supported team here. But wait, we will find out from Chelsea match on Thursday.

Sure, Reds will beat Blue.

About player to watch for Liverpool's new season. He is Charlie Adam, number 26.

He did very well last night, the best player on the field. He showed great composure, have some good passing and sit in the midfield well.

Sure, he has more to come when season proper go ahead.

He is worth more than 9 million pound!  Great recruit by King Kenny.

He is going to be a threat to Steven Gerrard.

Malaysia XI vs Liverpool's goal scorers:

Goals
Rahim 40'	Adam 27'
Mohd Sali 79'	N'Gog 68'
Mohd Sali 80'	N'Gog 69'
	Rodriguez 76'
	Rodriguez 90'
	Kuy 94

Why LIVERPOOL,unable to enter Malaysia in 1990s?

Liverpool almost visited Malaysia in 1990s but was denied entry.

The reason is one of the Liverpool player is from Israel.

He is, Ronny Rosenthal. Playing as a striker and his birthdate 11 Oct 1963. Click here for more details on this playing career as a Liverpool player.

Ronny Rosenthal

Great, finally there are here.....

Words from Bernanke sending market down.......

Bernanke was so important to shares market.

Last night DJIA was going up but after he told US lawmakers that the chances for third round of bond buying is slim and central bank had no immediate plans for more economic stimulus, these words sending DJIA into red territory.

A powerful remarks! Hope he say more good words next times......

Ben Bernanke is US Federal Reserve Chairman.

OLDTOWN debut on KLSE

 

OLDTOWN's first day on KLSE closed at RM1.33, up 8 cents. With high of RM1.38, against its IPO price of RM1.25.

A positive debut on main board of KLSE.

According to its chairman, Datuk Dr Ahmed Tasir Lope Pihie more outlets to be open after listing. Meanwhile, 3 new outlets were opened together with today as similar to listing date.

More good coffee to drink.....

Dow down again! Ireland next?

DJIA dropped another 58 points last night. Market still concern about europe zone financial health.

After Italy, Ireland was the next country where the fear came in.

DJIA was traded slightly above green but when news of Ireland's government bonds were downgraded by Moody before closed, resulting stocks lower and taken away early gains.

Ireland is another heavily-indebted European countries, and also in danger of default.

There are one of the so-called PIIGS.

Why DOW Jone drop 150 points?

DJIA dropped 151 points last night. Market analysts said the dropped was due to European Union financial health concern.

Their concern is Italy now.

If Italy also drag into this mess again, it is going to be really messy for EU financial. Another bailout in waiting ?


Hopefully this is the end of their problem.

Want to be a millioniare?

Do you want to be a millionaire? Sure.....

Then you should visit Limbang, Sarawak, as the town had produced three millionaire within one year.

How?

Bet on Magnum 4D Jackpot Game, as these three millionaires are the Jackpot 1 winners.

Next time when you visit this town, don't forget to bet on Magnum 4D Jackpot Game. Who knows you will be the fourth Jackpot 1 Winner from the town.

Besides Jackpot 1 winners, there also produced two Jackpot 2 winners. Altogether five jackpot winners came from there within one year period.

Big Jackpot Winner diagram from Magnum4D website:-

By the way, what numbers to buy today?

What will happen to KL tomorrow?

Traffic will be chaotic as major roads leading to KL city will be closed or diverted.

Even main bus station Puduraya also close from midnight until next day, this is the first time it happen in my life in KL.

While driving out of town around 1pm just now, the Merdeka square had been cordoned-off with plenty of police forces there.

Looked like police is ready to face any situation.

What will happen next, will see tomorrow........

How many times Bumi Armada oversubscribed?

 Bumi Armada 25 times oversubscribed

Bumi Armada Bhd, the largest IPO of the year was oversubscribed by almost 25 times.

Phew, 25 times, a lot of money there, can take-over a few company in KLSE.

Chances to be drawn are slim but with billionaire T. Ananda Krishnan as the captain of the company it is worth to try.

Good luck to whoever subscribed.....but  I am not one of them, will miss the fun of waiting.

MPHB Sold, what to do next..........

Last week sell my MPHB at RM2.96 for some profits. May sell some more to swap with other counters.

Wanted to buy AFG, but she is flying now. Up 21 cents yesterday.

Changed target to PJDEV.

BERSIH 2.0 is off.....

Finally BERSIH 2.0 rally is off but only from the street.

There are going to have it in a stadium, which one? Definitely not in KL town, could be Shah Alam Stadium?

After so many warning from all corners, politician, parties, and Rakyat, finally it was off the street.

Hope the rally will be a peaceful one without any incidents.

Peace !

Will BERSIH 2.0 go ahead as plan?

Will 9th July Bersih 2.0 rally happen as plan?

Most probably not going to happen as Agong already shown his displeasure over the rally.

If Amiga meet Agong, sure Agong will advise her not to go ahead with the rally, so she has to make a u-turn. Otherwise, it was disrespect to Agong.

Hurray, sound like we are going to have a peaceful weekend.

Pretty Lady, Yingluck WON !

Yingluck Shinawatra won Thailand election.

She is going to be the Thai first woman Prime Minister. Hope she will bring stability to Thai's politic.

Will Thaksin be able to going back to Thailand after his sister won the election? A big question !


Peace !

KLSE doesn't move much.......

DJIA and European major indexes up more than 1% last night but KLSE doesn't move much. As at 9.30am, only up 1 point.

Looked like KLSE does not follow much on others when going up. If others down, KLSE sure follow.

Our stock exchange has their own pace.

Will KLSE cross 1600 points soon or just hanging around below 1600.......