Thursday, October 18, 2007

^V^ 20th anniversary of DOW crash ^V^



[2007-10-18] 87股災廿年噩夢疑再臨

■紐約商業交易所的工作人員,昨日熱切希望油價回落。 美聯社

1987年10月19日,美國道瓊斯工業平均指數急瀉508點,跌幅達22.6%,5,600億美元(約4.3萬億港元)市值在一日間蒸發並引發全球大股災。明日便是87股災20周年.

Still remember this date 19 Oct 1987 ? black monday ! Dow crashed 508 points or 22.6% ! as Phua Chu Kang said := dont play play..ok ?

Only 2 persons can make this happen, one is Osama Bin Laden n d other one is now rely on Bernanke ^V^ I doubt Osama can launch another 911 against US by this month,d only person can shake d world is now rely on Bernanke ^V^ if he got guts to put int rate at flat !! d black Monday party will definitely ON ! Be there n let celebrate together^V^ make sure u bring along yr girl friend n boy friend for d count down party..ok ? anyway, Bernanke is d decider ^V^

Hey Bern..make sure u on d party :k : ? cut or stay flat ? ok or ko ?? u got guts to do it ?

***

Another 351 lots of Masteel accumulated by Tabung Haji n 40 lots of Engtex accumualted by someone ^V^

17 comments:

ahwah said...

hi sam, there is an announcement from OILCORP today about private placement. what is it all about?

Anonymous said...

http://www.malaysiakini.com/letters/73700

kayroll said...

Hallo uncle,
Engtex shares is actually a buyback plan. Which means, they are thinking that the shares are 'undervalue', so to write.
What is the future value (another 2Qs) that you are putting? and what is the discount to it now?

Benjamin said...

Agree with you Sam, most likely Bernanke will reduce rate but could be marginally.

Samgoss said...

engtex under value ? of course it is, more projects from 9MP on its way, it is currently stood at PE8+, earning sustainability shouldnt be any problem at all, it is now hanging at d bottom, low 0.72... u wont regret of buying it.

Samgoss said...

pj invst. earning sustainability of engtex shouldnt be any problem, another 1 or 2 projects come in will definitely bring its PE to 5+ n u will see its price jumping up ^V^

herbert said...

hi, uncle sam,

any comment on HIAP TECK if compare to ENGTEX?? Which counter more favourable?

Anonymous said...

hi Sam . I bought oilcorp at 1.22( 10 lots ) , today's announcement Proposed Private Placement Up 10%, what is that about ? Can you please explain . At the same time , what is the target price to dispose ? thanks again

Mei

herbert said...

UNCLE SAM,

ANY COMMENT IN THIS COUNTER
OPUS GROUP BHD...??

Anonymous said...

Sifu Sam, really worry "Black Monday" would happen! Besides crude oil price keep on rising, is it a good idea swapping to Oil n Gas stocks like oilcorp at d current situation ? Anyway, It seems like Keladi is moving up! Just hope Dow don't go "Holland" 2nite!

Anonymous said...

its better for dow jones to go holland coz i can buy masteel cheaper hehe..

Anonymous said...

sam, private placement 4 oilcorp is not a gd news 2 us, but y d price gone up? i puzzle??? can explain y... keladi is moving up,.. haha..start 2 collect engtex at .73 &.735, lets see nxt week, enjoy yr gd weekend.

ahwah said...

dow jones fall 367 points.. really 20 anniversary?? hehe.. but still steady, coming wednesday onwards will be mycom and olympia's week.. :)

Anonymous said...

dow crash -367pts last nigth,brace your breath coming monday opening.Sam,should we do nothing when nothing to do?or follow the bear...

Anonymous said...

May-day! may-day! Dow crashed again! "Black Monday" is unavoidable! Sifu Sam, what is ur strategy on KLSE now? If we buy in on Monday,what sector of stocks u recommend d most?

Anonymous said...

BJland.....ripe for re-rating....comes out in theedge.daily...any comment uncle sam?i bought in some when its still 2.26.time to let go or wait for further rise?possible to rise a lot in near future?coz i thought of disposing all my share b4 C.N.Y next year.


your faithfull follower.....

Phil said...

Everybody is talking about the market crash. So scary one.