Recent content by kiansoon

I have tried to find for news that may account for the 20% gap up ... but unable to find. Anyone knows?

Thank you very much, what you say is so true. Governments have the means to make the rules so we're always at a disadvantage.

Wait, but I don't understand. Preferred stock originally has got no votting rights but if the government issues lots of other preferred stock, I assume these new preferreds will also have no votting rights and will have to be paid "dividends" or some form of interest right? If they paid...

The price action seems to be that NBG common will be diluted massively. However, the preferreds seem to be holding their price. If NBG survive, there just *may* be a chance that the preferreds will be worth more than current price?

Well, this is the ETF... a long term chart of the Vietnamese index is this: http://vninvestment.files.wordpress.com/2012/03/vnindex.png At least 40% of its peak in 2007. I got this chart from: http://vninvestment.wordpress.com/

Say, anybody interested in Vietnamese stocks? Or am I the only one? The market is now very low. It could be an interesting long term proposition.

Well, you win some and you lose some...

May I know what is the method that you use to determine that the intrinsic value is $4k in this case?

I'm from Singapore too... there're quite a few singaporeans on this board too... What do you guys trade? US markets or the Singapore markets? Keep in touch!

Actually i pay much less than that. Some local traders here pay about Y45 per side per lot for commissions or less.

Wonder if this helps? http://www.futuresasia.com/html/modules.php?op=modload&name=News&file=article&sid=395

Would trade in Simex, or SGX-DT as they now call it. Because of the commissions. It is much cheaper in Singapore than in Osaka. Kiansoon

May I know when were you trading the nikkei? IMHO, Nikkei seems to be a little different now from a few years ago... Range is much smaller now than before. However, seems to be getting better by the day... maybe the long overdue bull market is finally starting in Japan. Kiansoon

One way to trade the Nikkei would be via the Singapore Exchange, where it is cheaper than Osaka to trade the nikkei. However, IB don't have the contract I think. You'll have to get one of the Singapore brokers to do this. Might be quite troublesome if you're not in SIngapore. Hope that helps...