Bursa Community
Would you like to react to this message? Create an account in a few clicks or log in to continue.

09 06 11

+6
davidlo
Chandra
davors
hlk
WinningHeart
8888
10 posters

Page 1 of 18 1, 2, 3 ... 9 ... 18  Next

Go down

09 06 11 Empty 09 06 11

Post by 8888 Thu 09 Jun 2011, 00:14

Let's HUAT r.... HUAT r ... HUAT r.!!!! [You must be registered and logged in to see this image.]
8888
8888
Consulting Member
Consulting Member

Posts : 6667 Credits : 7168 Reputation : 50
Male Join date : 2011-01-31
Comments : Failure is just a stepping stone towards success as long as we learn from the mistake and never do it again.
Profit & Loss Winning!!!

Back to top Go down

09 06 11 Empty Re: 09 06 11

Post by 8888 Thu 09 Jun 2011, 00:15

North and South American Indexes


IndexCountryChange% ChangeLevelLast Update
[You must be registered and logged in to see this image.] Dow Jones Industrial AverageUnited States+19.49+0.16%12,090.3012:05pm ET
S&P 500 IndexUnited States+0.65+0.05%1,285.5912:05pm
8888
8888
Consulting Member
Consulting Member

Posts : 6667 Credits : 7168 Reputation : 50
Male Join date : 2011-01-31
Comments : Failure is just a stepping stone towards success as long as we learn from the mistake and never do it again.
Profit & Loss Winning!!!

Back to top Go down

09 06 11 Empty Re: 09 06 11

Post by 8888 Thu 09 Jun 2011, 00:15

hopefully bernake dont come out and talk...
8888
8888
Consulting Member
Consulting Member

Posts : 6667 Credits : 7168 Reputation : 50
Male Join date : 2011-01-31
Comments : Failure is just a stepping stone towards success as long as we learn from the mistake and never do it again.
Profit & Loss Winning!!!

Back to top Go down

09 06 11 Empty Re: 09 06 11

Post by 8888 Thu 09 Jun 2011, 00:16

NEW YORK (CNNMoney) -- What a difference a year -- and a big tax cut --makes.
A recent Treasury report noted that national debt will exceed the size of the economy this year -- a first since World War II. A year ago, the Treasury had estimated that notorious record wouldn't be hit until 2014.Now the expectation is that total debt to GDP will top 102% this year, up from the earlier estimate of 96.4%

Why the change?
Two factors are likely the biggest cause.
First, the White House's 2011 GDP estimate is $219 billion lower today than it was a year ago. So debt as percentage of a lower number will always look higher.
Second, the debt grew larger because of a tax cut deal brokered by President Obama and Republicans last December. That deal will add an estimated $858 billion to the deficits over a decade -- $410 billion of it in 2011 alone, according to the Congressional Budget Office.
8888
8888
Consulting Member
Consulting Member

Posts : 6667 Credits : 7168 Reputation : 50
Male Join date : 2011-01-31
Comments : Failure is just a stepping stone towards success as long as we learn from the mistake and never do it again.
Profit & Loss Winning!!!

Back to top Go down

09 06 11 Empty Re: 09 06 11

Post by 8888 Thu 09 Jun 2011, 00:17

hai... this obama also can't help to turnover US economy lah... tukar orang lain lah
8888
8888
Consulting Member
Consulting Member

Posts : 6667 Credits : 7168 Reputation : 50
Male Join date : 2011-01-31
Comments : Failure is just a stepping stone towards success as long as we learn from the mistake and never do it again.
Profit & Loss Winning!!!

Back to top Go down

09 06 11 Empty Re: 09 06 11

Post by 8888 Thu 09 Jun 2011, 00:18

Spending cuts alone won't work



The tax cut package extended all the 2001 and 2003 tax cuts for another two years, enacted a one-year Social Security tax holiday and reduced the estate tax.
Democrats and Republicans disagree on a lot, but both sides have indicated a desire to make the 2001 and 2003 tax cuts permanent for at least the majority of Americans -- a costly proposition.

And the GOP publicly says it will not consider tax increases as part of any deal to raise the debt ceiling.

Republican Dave Camp, the lead tax writer in the House, said Monday that the latest Treasury numbers are a clear indication "why any increase in the debt limit must be paired with significant spending reductions and real entitlement reforms."

But while Republicans criticize Obama for spending too much, in fact tax cuts would drive most of the debt under Obama's 2012 budget proposal, according to CBO.
That's why deficit hawks on the left and the right advocate letting the tax cuts expire or paying for any further extension. Better yet, replace them with something superior, said Maya MacGuineas, president of the Committee for a Responsible Federal Budget, who noted that this month marks the 10-year anniversary of the 2001 cuts.
"Given that our current tax code is so crummy and our fiscal situation so dire, on this 10-year anniversary, a perfect gift would be a plan to reform the tax code and bring down our debt," MacGuineas said.
At this point, the debt is so big, whether it is just below or just above GDP isn't really a huge distinction.

After examining data from dozens of countries over two centuries, economists Ken Rogoff and Carmen Reinhart found that when a nation's gross debt reaches 90% of its economy, it often loses about one percentage point of growth a year. [You must be registered and logged in to see this image.]
First Published: June 8, 2011: 5:17 AM ET
8888
8888
Consulting Member
Consulting Member

Posts : 6667 Credits : 7168 Reputation : 50
Male Join date : 2011-01-31
Comments : Failure is just a stepping stone towards success as long as we learn from the mistake and never do it again.
Profit & Loss Winning!!!

Back to top Go down

09 06 11 Empty Re: 09 06 11

Post by 8888 Thu 09 Jun 2011, 00:20

NEW YORK (CNNMoney) -- The federal deficit for 2011 will hit $1.5 trillion, driven higher by the "slow and tentative" economic recovery and the bipartisan tax cut deal passed late last year, the Congressional Budget Office said Wednesday.
The deficit forecast would equal to almost 10% of the economy.

And if lawmakers extend many of today's current policies otherwise set to expire soon, the national debt would likely rise by $12 trillion over the decade from 2012 to 2021. That is about $5 trillion more than would be the case otherwise and would bring total debt to $23 trillion, the CBO said

More than half of the accumulated debt will be the result of the interest payments.
"Interest will triple in nominal dollars in the next decade, and double as a percentage of GDP," said Douglas Elmendorf, director of CBO.

The bottom line: The country's accumulated debt over the years would hit 97% of GDP by 2021, which would be the highest level in the post World War II period. (Running the government on 8 cents)
0:00 /1:59State of the Economy (in 2 mins)
vidConfig.push({videoArray: ["/video/news/2011/01/26/n_obama_sotu_2mins.cnnmoney.json"], collapsed:false});


The policies in play include the 2001 and 2003 tax cuts, which are now set to expire at the end of 2012; the so-called doc fix that lawmakers regularly pass to stave off Medicare payment cuts to doctors and the measures taken to protect the majority of Americans from having to pay the Alternative Minimum Tax.What Obama said about debt

Looking past the next decade, the CBO said the aging population and rising costs for health care will push federal spending as a share of the economy far higher than 97%.
"To prevent debt from becoming unsupportable, policymakers will have to substantially restrain the growth of spending, raise revenues significantly above their historical share of GDP, or pursue some combination of those two approaches," the agency warned, as it has many times before.The economic outlook

Economic growth, while not sufficient by itself to restore fiscal balance, is nevertheless a critical support as policymakers strive to drive down deficits.
CBO expects the economy to grow by roughly 3% this year and next after adjusting for inflation.
When it comes to the prospect of more jobs, the picture is mixed. On the bright side, the CBO expects the economy will add 2.5 million jobs a year over the next six years -- which is a pace on par with what occurred in the late 1990s, Elmendorf noted.
But CBO doesn't expect unemployment to fall to around 5% until 2016. The reasons: the prevalence of permanent job loss, the high number of long-term unemployed and the mismatch between job seekers and job requirements.

In terms of inflation, the budget agency expects it to remain low this year and next and average only 2% between 2013 and 2016
8888
8888
Consulting Member
Consulting Member

Posts : 6667 Credits : 7168 Reputation : 50
Male Join date : 2011-01-31
Comments : Failure is just a stepping stone towards success as long as we learn from the mistake and never do it again.
Profit & Loss Winning!!!

Back to top Go down

09 06 11 Empty Re: 09 06 11

Post by 8888 Thu 09 Jun 2011, 00:23

Rundown on Obama debt commission proposals

Things like the national parks, the FBI, student loans, air traffic controllers, defense, the interstate highway system and food safety. The list goes on and on.
To give a better sense of just how much government would have to cut back, consider this: In 2010, Uncle Sam took in $2.162 trillion in federal revenue -- and 8% of that is $173 billion.
Here's a sampling of what that $173 billion could have paid for last year:

  • The Department of Labor ($173 billion) OR ...
  • One-fourth of defense spending ($667 billion) OR ...
  • The wars in Iraq and Afghanistan (roughly $170 billion) OR ...
  • Most but not all of the interest owed on the country's debt ($228 billion) OR ...
  • The Departments of Transportation ($78 billion), Justice ($30 billion) and Housing and Urban Development ($60 billion); plus the National Oceanic and Atmospheric Administration ($5 billion) OR ...
  • The Departments of Agriculture ($129 billion), Energy ($31 billion) and Commerce ($13 billion) OR ...
  • The Departments of Education ($93 billion) and Homeland Security ($44 billion), plus NASA ($19 billion), the EPA ($11 billion) and the parks, fish and wild life services ($6 billion).

Beyond 2020, the 8 cents to pay for "everything else" would get whittled down to zero. By 2040, there would only be enough in federal tax revenue to pay for interest on the debt and Social Security, according to Susan Irving, GAO's director of federal budget analysis.
Sure, the country could try to borrow to pay for what revenue can't cover. But given the magnitude of what would have to be borrowed, the interest costs alone would be prohibitive. Another alternative: the government could abruptly raise taxes sky high and cut spending to the bone.
8888
8888
Consulting Member
Consulting Member

Posts : 6667 Credits : 7168 Reputation : 50
Male Join date : 2011-01-31
Comments : Failure is just a stepping stone towards success as long as we learn from the mistake and never do it again.
Profit & Loss Winning!!!

Back to top Go down

09 06 11 Empty Re: 09 06 11

Post by 8888 Thu 09 Jun 2011, 00:24

That's why, by that time, China will be the Tai ko for the world.... US will be kicked out, Euro debt, Japan earthquake, radiation... China sudah mali... it's like DRB.... waiting to explode..
8888
8888
Consulting Member
Consulting Member

Posts : 6667 Credits : 7168 Reputation : 50
Male Join date : 2011-01-31
Comments : Failure is just a stepping stone towards success as long as we learn from the mistake and never do it again.
Profit & Loss Winning!!!

Back to top Go down

09 06 11 Empty Re: 09 06 11

Post by 8888 Thu 09 Jun 2011, 00:25

not a good example, drb will explode today after 8.30am.. hehe... congrats to those holding DRB...
8888
8888
Consulting Member
Consulting Member

Posts : 6667 Credits : 7168 Reputation : 50
Male Join date : 2011-01-31
Comments : Failure is just a stepping stone towards success as long as we learn from the mistake and never do it again.
Profit & Loss Winning!!!

Back to top Go down

09 06 11 Empty Re: 09 06 11

Post by WinningHeart Thu 09 Jun 2011, 01:28

8888 wrote:hopefully bernake dont come out and talk...

then let bernard come out and talk [You must be registered and logged in to see this image.]

WinningHeart
Consulting Member
Consulting Member

Posts : 9824 Credits : 10228 Reputation : 128
Join date : 2010-12-20

Back to top Go down

09 06 11 Empty Re: 09 06 11

Post by hlk Thu 09 Jun 2011, 01:34

8888 wrote:not a good example, drb will explode today after 8.30am.. hehe... congrats to those holding DRB...

shd b chiat beh liao cos bank muamalat pre tax profit +rm204m ... Clap Clap Clap
hlk
hlk
Moderator
Moderator

Posts : 19013 Credits : 45112 Reputation : 1120
Join date : 2009-11-14
Location : Malaysia

Back to top Go down

09 06 11 Empty Re: 09 06 11

Post by hlk Thu 09 Jun 2011, 01:38

bern .. u sapu ammb-cj 0.13 ?
hlk
hlk
Moderator
Moderator

Posts : 19013 Credits : 45112 Reputation : 1120
Join date : 2009-11-14
Location : Malaysia

Back to top Go down

09 06 11 Empty Re: 09 06 11

Post by hlk Thu 09 Jun 2011, 01:44

Stocks to watch Oil and gas, Latexx, MAA, Dijaya

KUALA LUMPUR: Petroliam Nasional Bhd’s revised RM300 billion capital expenditure for oil and gas would give oil and gas –related counters a boost on Thursday, June 9.

Petronas reported net profit attributable to shareholders of US$17.46 billion in the financial year ended March 31, 2011 (FY11), which was a 50% increase from the US$11.64 billion in FY10.Revenue increased to US$76.82 billion, up 26.1% from US$60.92 billion.

President and CEO Datuk Shamsul Azhar Abbas said Petronas will be spending RM300 billion in capital expenditure for the next five years, this was an upward revision from the RM250 billion mentioned a few months ago.

For the fourth quarter, its earnings increased 49.8% to US$3.49 billion from US$2.33 billion the year before on the back of higher realised prices for petroleum products, crude oil and condensates, as well as other energy commodities. Its revenue increased 22.8% to US$21.45 billion from US$17.47 billion.

Other counters which could see trading interest would be LATEXX PARTNERS BHD [], MAA HOLDINGS BHD [] and DIJAYA CORPORATION BHD [].

Latexx Partners accepted a lower offer of RM1.25 billion from the YTY Group of companies in a proposed merger instead of RM1.365 billion earlier.

The glove maker said 30% of the purchase consideration or RM375 million would be in cash. The balance of RM875 million would be in the form of 350 million new shares at an issue price of RM2.50 per share.

MAA Holdings has obtained the Minister of Finance’s (MoF) approval to dispose of its 100% stake in Malaysian Assurance Alliance Bhd (MAAB) for RM344 million to Zurich Insurance Company Ltd.

Dijaya acquired four parcels of freehold land in Subang for RM385.5 million to be developed into a mixed residential and commercial development with an expected total gross development value (GDV) of RM2.5 billion.

Dijaya said its subsidiary Tropicana Subang Development Sdn Bhd (formerly known as Tropicana Mall Management Sdn Bhd), has entered into a sale and purchase agreement with Chunghwa Picture Tubes (Malaysia) Sdn Bhd to acquire the 88.5 acres in Pekan Country Heights Selangor, Subang.

It said the residential development would consist of condominiums, linked houses, semi-detached houses and bungalows, while the commercial development will feature retail, shopping mall and office lots as well as serviced apartments.
hlk
hlk
Moderator
Moderator

Posts : 19013 Credits : 45112 Reputation : 1120
Join date : 2009-11-14
Location : Malaysia

Back to top Go down

09 06 11 Empty Re: 09 06 11

Post by 8888 Thu 09 Jun 2011, 08:02

bernardlcn wrote:
8888 wrote:hopefully bernake dont come out and talk...

then let bernard come out and talk [You must be registered and logged in to see this image.]

hehe... this will boost up the world market...
8888
8888
Consulting Member
Consulting Member

Posts : 6667 Credits : 7168 Reputation : 50
Male Join date : 2011-01-31
Comments : Failure is just a stepping stone towards success as long as we learn from the mistake and never do it again.
Profit & Loss Winning!!!

Back to top Go down

09 06 11 Empty Re: 09 06 11

Post by 8888 Thu 09 Jun 2011, 08:04

hlk wrote:
8888 wrote:not a good example, drb will explode today after 8.30am.. hehe... congrats to those holding DRB...

shd b chiat beh liao cos bank muamalat pre tax profit +rm204m ... [You must be registered and logged in to see this image.]
today's news? News tak boleh pakai for KLSE ... always sell on news on ...
8888
8888
Consulting Member
Consulting Member

Posts : 6667 Credits : 7168 Reputation : 50
Male Join date : 2011-01-31
Comments : Failure is just a stepping stone towards success as long as we learn from the mistake and never do it again.
Profit & Loss Winning!!!

Back to top Go down

09 06 11 Empty Re: 09 06 11

Post by 8888 Thu 09 Jun 2011, 08:07

bern u hold any drb-ce?
8888
8888
Consulting Member
Consulting Member

Posts : 6667 Credits : 7168 Reputation : 50
Male Join date : 2011-01-31
Comments : Failure is just a stepping stone towards success as long as we learn from the mistake and never do it again.
Profit & Loss Winning!!!

Back to top Go down

09 06 11 Empty Re: 09 06 11

Post by 8888 Thu 09 Jun 2011, 08:24

hello... good morning... anybody home?
8888
8888
Consulting Member
Consulting Member

Posts : 6667 Credits : 7168 Reputation : 50
Male Join date : 2011-01-31
Comments : Failure is just a stepping stone towards success as long as we learn from the mistake and never do it again.
Profit & Loss Winning!!!

Back to top Go down

09 06 11 Empty Re: 09 06 11

Post by 8888 Thu 09 Jun 2011, 08:30

no one @ home... 8.30 d..
8888
8888
Consulting Member
Consulting Member

Posts : 6667 Credits : 7168 Reputation : 50
Male Join date : 2011-01-31
Comments : Failure is just a stepping stone towards success as long as we learn from the mistake and never do it again.
Profit & Loss Winning!!!

Back to top Go down

09 06 11 Empty Re: 09 06 11

Post by davors Thu 09 Jun 2011, 08:34

8888 wrote:no one @ home... 8.30 d..

out looking for gems~
davors
davors
Member
Member

Posts : 1512 Credits : 1668 Reputation : 22
Male Join date : 2011-01-05
Location : SLG
Job/Hobbies : Design/Trade/Shoot/Travel
Stock Exposure : WYSIWYG

Back to top Go down

09 06 11 Empty Re: 09 06 11

Post by 8888 Thu 09 Jun 2011, 08:41

how was the search? got gem????
8888
8888
Consulting Member
Consulting Member

Posts : 6667 Credits : 7168 Reputation : 50
Male Join date : 2011-01-31
Comments : Failure is just a stepping stone towards success as long as we learn from the mistake and never do it again.
Profit & Loss Winning!!!

Back to top Go down

09 06 11 Empty Re: 09 06 11

Post by davors Thu 09 Jun 2011, 08:42

germs alot~ Giggle
davors
davors
Member
Member

Posts : 1512 Credits : 1668 Reputation : 22
Male Join date : 2011-01-05
Location : SLG
Job/Hobbies : Design/Trade/Shoot/Travel
Stock Exposure : WYSIWYG

Back to top Go down

09 06 11 Empty Re: 09 06 11

Post by 8888 Thu 09 Jun 2011, 08:47

i need to fly again soon... c u guys... enjoy looking for gems, i only q drb-ce 0.175, hope hou seh and hit 0.2... sun can get out with good profit!~
8888
8888
Consulting Member
Consulting Member

Posts : 6667 Credits : 7168 Reputation : 50
Male Join date : 2011-01-31
Comments : Failure is just a stepping stone towards success as long as we learn from the mistake and never do it again.
Profit & Loss Winning!!!

Back to top Go down

09 06 11 Empty Re: 09 06 11

Post by 8888 Thu 09 Jun 2011, 08:50

10 mints to go... drb please start with green...
8888
8888
Consulting Member
Consulting Member

Posts : 6667 Credits : 7168 Reputation : 50
Male Join date : 2011-01-31
Comments : Failure is just a stepping stone towards success as long as we learn from the mistake and never do it again.
Profit & Loss Winning!!!

Back to top Go down

09 06 11 Empty Re: 09 06 11

Post by hlk Thu 09 Jun 2011, 08:52

Hong Kong: Losing run enters fifth day

SHARES fell for a fifth consecutive session yesterday, hurt by financial stocks and property developers that investors thought were vulnerable to slowing economic growth.

The benchmark Hang Seng Index dropped 207.04 points to 22,661.63.

"The two main worries weighing the Hong Kong market right now are concerns over the US and China, the world's two largest economies," Daniel So, an analyst at SHK Financial, told Dow Jones Newswires. - AFP


hlk
hlk
Moderator
Moderator

Posts : 19013 Credits : 45112 Reputation : 1120
Join date : 2009-11-14
Location : Malaysia

Back to top Go down

09 06 11 Empty Re: 09 06 11

Post by Sponsored content


Sponsored content


Back to top Go down

Page 1 of 18 1, 2, 3 ... 9 ... 18  Next

Back to top


 
Permissions in this forum:
You cannot reply to topics in this forum