Making No Bones About It

Bone Readers

Actually I do not watch TV series;not on our local networks anyway.

The closest to a series was American Idol.

What I do these days is to watch backdated series.

So, this afternoon, I just went back to the First Season of Bones to see whether this series has chemistry since it started way back in 2005.

They must have done something right to last this long.

Was there magic between Emily Deschanel and David Boreneaz?

As I have just watched the pilot, I think if at all the chemistry is there, it is as yet latent.

The pilot was so-so and really did not stand out.

Perhaps watching the full season may change my mind.

FGV-OPM,Ponzi and Defying Gravity

Losing your trousers;burning your butt

Call it what you may.

If you had bought into FGV  during the IPO or in the month it was listed, you have got one pretty hole in your wallet.

I agree it is OPM-Other People's Money but then as public stewards of money, there must be a cut-loss position.

Even it you were to play an averaging down game, you still must have a policy when after an average that equals the net tangible asset of the counter, you must desist from any more accumulation.

After  jointly losing  some RM 75 million, EPF and the Pensions Fund have nothing todo but to sorrowfully lick their wounds.

Question is: As most cornerstone investors must have scooted off with their tails between their legs, what could these two funds do?

While EPF may work like a Ponzi Fund with collections from both employers and employees every month, the Pensions Fund must really be worrying its heads off as they have to pay out pensions every month.

Losing such a huge amount of money must really be nerve-wrecking!

Bursa KL-A Market going into Coma

By the way the stocks performed today, it looks like they all should book plots in Nirvana Memorial Park.

The only stock that saw support seems to be POS which continue to see buying from the Japanese funds.

I think they have read something and are busy collecting the stock.

There were also some loose talk on Syed Mokhtar taking DRB private which moved the stock up all day.

Other then that the Bursa does not show any pulsative activity.

Until the elections are called, I think Bursa KL will go sideways into the trench  like the tenpins thrown by an amateur  in bowling!