Friday, May 05, 2006

20060506 Another positive move by Bursamalaysia for the market and confidence. This will classify more PN17 companies, so as not to channel unwary funds to them. On the other hand, more corporate restructuring plays could come out of this, as the 'dead wood' companies' management will have to revive these companies, adding to the positive news on the market. Posted by Picasa

20060505 Ringgit strength indicates and support the premise that the foreign $ is pouring into the country, despite all the doubters. Posted by Picasa