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U.S. Debt ? How Much Does Each American Owe'
From StockTube, 8 month ago, Read 0 times. Similar articles
According to U.S. Treasury, major foreign holders of treasury securities amounted to a mind-boggling $4,478,000,000,000 (that’s about $4.5 trillion), as of July 2011, compared to $4.125 trillion registered a year ago in Jul 2010. Going by the rate the country is borrowing, the debts can only go one way – up. As of June, 2011, United States have borrowed and must pay back about $14.3 trillion in public debt. Out of the $14.3 trillion in public debt, about 31.4% or $4.5 trillion is...
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Apple Tablet ? Another Killer Device or a Hoax'
From StockTube, 2 year ago, Read 0 times. Similar articles
Dow Jones is skyrocketing as we speak now, something which is expected as today is the first trading day in the New Year 2010 after the stock market closed last Friday for the celebration. Weakening dollar help push the stocks as well as commodities higher especially the black oil which has risen above $80 a barrel today. Suddenly all the good news was gushing out as if everything is on the track of recovery.The talk is that you need to wait for Ben Bernanke to raise the interest rate to...
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Economy is Crawling - Scrap the 4% GST, Idiot
From StockTube, 2 year ago, Read 0 times. Similar articles
Allright, here are more signals that the global economy will neither skyrockets nor drops like a stone into the ocean. Basically people are convince that the U.S. economy will most likely crawling for years instead of months before the worst enemy ? unemployment ? is over. We, and to a large extent the Americans, may be lucky that this round of recession did not suffer the same fate as the 1929 Great Depression. But this recession may have created a new economy landscape that we have to live on...
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Ong to Exit ? 1Corruption, Together We Prosper
From StockTube, 2 year ago, Read 0 times. Similar articles
It's easier to move a mountain than to change a person's character ? goes a Chinese saying. By the same logic, it is definitely many times harder to change the Malaysian ruling government's policy of worshipping corruption. Whatever the result from the PKFZ multi-billion scandal, you can kiss your money (yes, part of the billions of dollars belong to you) goodbye simply because you won't be able to see it again. And you can bet your last dollar that MCA Pesident Ong Tee Kiat would see his...
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U.S. Subprime and now Dubai Subprime ? More to Come'
From StockTube, 2 year ago, Read 0 times. Similar articles
Looking at how poorly Maxis stock price performs since it's relisting in the local stock market, those who didn't get it through the supposingly transparent IPO balloting and was sulking can now grin from ear to ear (didn't I tell you so' *grin*). The stock didn't get to touch RM6.00 a share (as I expected because at RM6.00 the stock would be trading at a whopping EPS of 20 times) and fortunately retailers didn't chase the stock. As I've mentioned earlier the local stock market is probably...
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Didn't get Maxis IPO Shares' Stop Sulking, Be Happy
From StockTube, 2 year ago, Read 0 times. Similar articles
Much has been written about how unfair it was in the Maxis relisting IPO shares allocation. To recap the horror story, existing Maxis shareholders (that's Ananda Krishnan and his geng) agreed to give up 30% of their share for the purpose of the IPO of which a whopping 27.67% was to be allocated to institutional investors while Average-Joes were allocated a merely 2.33%. After the book-building exercise Maxis Berhad has set the price of the IPO at RM4.75 per share while institutional at RM5.00 a...
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Why Stocks didn't take cue from Jobless Rate'
From StockTube, 2 year ago, Read 0 times. Similar articles
Recession may be over, at least for now, but the same cannot be said about U.S. unemployment market. The jobless rate surprisingly surpassed analysts' estimate (of 9.9%) to a staggering 10.2% in Oct, higher than Sep's 9.8% jobless rate. Strangely enough the stock markets, both Dow Jones and Nasdaq, didn't take much cue from the double-digit jobless rate which is the highest since early 1983. United States recorded jobless rate of 10.8% during the period of September 1982 to July 1983 while...
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Ong, Chua - You May Kiss Each Other, for now
From StockTube, 2 year ago, Read 0 times. Similar articles
Budget 2010 revealed by PM Najib Razak was so boring that one was wondering if it was so difficult to draft a better budget that could benefit the average Joes. Why on earth would anyone care about the 1% reduction in income tax for those who earn above RM100,000 per annum' The cost of living was so high that it would be interesting to see the reaction from average-Joes when Najib's administration is set to introduce the much talk about GST soon (budget 2011?). The fact is although Najib may...
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Hong Leong to Acquire Public Bank ? A Matter of Time'
From StockTube, 2 year ago, Read 0 times. Similar articles
Public Bank is perhaps one of the stocks everyone would like to own for obvious reason. If you owned 1,000 Public Bank Berhad (KLSE: PBBANK, stock-code 1295) shares back in 1967, you would have 129,720 shares which is worth a whopping RM1.38 million today. If that is not enough to raise your eyebrows consider another RM391,000 gross dividends paid to you ever since and you're looking at an investment that gives you compounded annual return of more than 20% for each of the 42 years. With your...
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Earnings Season send Bull Charging, Next Target - 10,000
From StockTube, 2 year ago, Read 0 times. Similar articles
Earnings season is here again and all eye-balls are watching for indicators that U.S. economy is indeed on its way to recovery. Even if the recovery is not in full-scale at least it would provide some consolation if companies' earnings could show momentums. At the moment the important 10,000-level is what everyone is hoping to see the Dow Jones to breach. So far so good with strong third-quarter earnings from JPMorgan Chase & Co which reported $3.59 billion profit and earn 82 cents a share,...
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Maxis Relisting ? The Race for the Pathetic Limited Shares
From StockTube, 2 year ago, Read 0 times. Similar articles
Excitement returns once again, at least to the employees of Maxis Communications Berhad who enjoyed their fortunes via ESOS not many moons ago. Will their big boss Ananda Krishnan be generous enough to distribute some pink forms to them, again' It may or may not happen because the situation is quite unique now. The whole re-listing of Maxis is still sketchy especially to the employees. The whole plan is still at draft level and until the official IPO prospectus is out Maxis together with the...
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