Thursday, November 25, 2010

Stocks Up , Profits Up, Exams NEAR !

Let's see the news today shall we :-

1) Petronas Chemical IPO priced RM5.05-5.20.

-Mmmm... quite expensive for me. Nope I will forget about it.

-the company was considering a dividend policy comprising distribution of 50 per cent of net profits.I don't think that will continue on in the near future.


2) Petronas To Help Pengerang/Teluk Ramunia Develop Into Regional O&G Hub.

- just the icing on the cake to increase demand for share price.
Well, I ain't buying it.

3) Malaysia Airlines (MAS) swung back to profitability for the third quarter ended Sept 30, 2010, posting a net profit of RM233 million, on the back of a 15% increase in revenue.

- Wow, that is a lot but hey you get lucky sometimes.
But as far as it goes for airline companies, you get LOSSES
MOST of the TIME.

4)Proton has reported that it has posted a RM186 million profit before tax for the first half of its 2010/11 financial year.

- Is that Right ?! Of course Proton cars don't last long.
You total one up, you have to buy a new one.
You buy a new one, but it has a lot of problem.
So you send it back to the genius who made the car
& they charge you for their screw up.
That is how you increase profits.
I hope other car makers don't do that !

5) Proton reveals prototype Exora EV.

- Another icing on the cake to improve share price... I guess.
But I must say, I have to congratulate them for their initiative.
They say it will be released in late 2011 or early 2012.
Wait a minute, 2012, that is smart.
I think they are just delaying it & hoping the world will end so that they will not need to make it.


6) Exams on Dec 9 and Dec 14.

- Pressure RISING! Stress RISING !
But i ain't cracking, there is only 1 way out.
NO RETREAT!!!! NO SURRENDER!!!! ONWARD TO GLORY!!!!!!!!!!!!!