caffeinbar

Today, we see more and more government around the world are using all sort of “money printing” method to bail out the merchant banks and the market.

Indeed, it seems government want to help the bankers to recover the losing ground by giving them more money, ignoring the bad debts (e.g. credit cards) that piling up [...]

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Signboard and street board printer with Malay language together with other language are unconstitutional.

This is what smart-aleck Malaysia politickus ruling parties parliament member and its minister trying to tell the people.

You can see report from Malaysiakini .

This is nothing new to Bolehland, where municipal councils can simply interpret law and constitution to execute corrupted power [...]

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Maybank close at RM5.05 today (28 Oct 2008).

Let’s check the casualties done on EPF alone on Maybank stock

Announcement
Date
Date of
Change
Shrs Acquired/
(Disposed)
Director/Substantial Shareholder
Shrs Held
After Change

23-Oct-08

14-Oct-08

2,299,000

Employees Provident Fund Board
534,484,586

23-Oct-08

16-Oct-08

4,001,500

Employees Provident Fund Board
538,486,086

22-Oct-08

16-Oct-08

1,000,000

Permodalan Nasional Berhad
281,870,708

22-Oct-08

10-Oct-08

2,299,000

Employees Provident Fund Board
534,484,586

20-Oct-08

10-Oct-08

4,250,000

Employees Provident Fund Board
532,185,586

10-Oct 2,299,000 x RM 5.45  (day high RM 5.70, low RM 5.45)
10-Oct 4,250,000 x RM 5.45  (day high RM [...]

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First, he annouce a RM5 billions fund inject into Valuecap to “revitalise” the market without understanding the root of the problem.

And after week of free falls global finance liquidisation, he has no idea how the business are affected by the bank rates.  It won’t take long that Bolehland will make the same mistake as what [...]

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When the world economy go south, cash are king, minus those silly “free to print money” country, e.g. Zimbabwe.

When look at the recent week stock market performance, you will notice EPF and PNB,  keep their itchy over various “potential” counter, that hit hard by the global world economy slow down.

The RM5 billlion can do little [...]

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