20061125 Nowadays when you open up the business pages of a newspaper like thestat.com.my, it becomes apparent the direction of the fund flows that enter the market. Nowonder the index has performed spectacularly in 2006 to date. Even in Magnum's case, years of depressed share price due to insider selling, now shows the hand of the insiders, who make a General Offer to buy back the shares they sold at RM2.30. Hold on to the shares, don't sell to MPHB. Make them buy back at higher prices, because they have pummeled down the shares via insider info all these years. The ANZ AMMB stake acquisition also herald the new wave of foreign investment flowing into Bursa market. This is made possible by the openess and progressive thinking of the new leadership in the Badawi government. Dr Mahathir should be sharing in this prosperity prospect. Althugh we need Dr M as an avenue of checks and balances, through free speech. He can do much good, especially to curb the radical thinking, especially the cowboy attitude of those in UMNO youth.
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