Eddy said:
US election is coming! I can't believe that I care more about some foreign country political issue than our own maybe becaue the outcome of it do affects the world economy. I do hope Obama become the president although I believe that it might be harder than expected because common sense tells us that the power of fear is at least 5 times magnitudes than the power of hope. Obama gives US citizen a fresh bleeze of promised better future but apparently "skin color" issue is still a debatable one. Let's see how it will goes.
Malaysia market? The outlook is still negative, nothing to whine about. My portfolio B losses ranged between 40% to 50%, mainly attributed to the recent sell down activities by Goldman Sachs' stakes in Pelikan. Fund Redemptions? Most likely.
It's November now, one month to go for Christmas and soon going to be year 2009, hopefully a better year ya.
Transaction Costs are excluded.
1800 unit of Pelikan
Avg Buy Price = RM 2.33, Market Price = RM1.19, Unrealized Gains/(Losses) = (RM2052)
16000 unit of IPower
Avg Buy Price = RM0.190, Market Price = RM0.135, Unrealized Gains/(Losses) = (RM880)
Realized Profit/(Loss)
1. Uchitec (RM340)
Note:
Bought 200 unit of Pelikan @1.21 Today.
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