tag:blogger.com,1999:blog-6283845125208268798.post5517367717318996623..comments2024-03-27T11:21:40.742+04:00Comments on Muscat Confidential: MSM drops yet again - surprise surpriseUndercover Dragonhttp://www.blogger.com/profile/10577931944980469254noreply@blogger.comBlogger2125tag:blogger.com,1999:blog-6283845125208268798.post-51105505684335077512008-09-10T11:45:00.000+04:002008-09-10T11:45:00.000+04:00well there is no surprise , in the sense ..the way...well there is no surprise , in the sense ..the way the companies PE are quoted..all of them are overvalued....<BR/>i felt many are over optimistic....no way voltamp shud have touched 1.500 which is almost PE 50 of 2009? <BR/>now a realistic position is happenning...Anonymousnoreply@blogger.comtag:blogger.com,1999:blog-6283845125208268798.post-54412766059832834122008-09-09T09:04:00.000+04:002008-09-09T09:04:00.000+04:00The fall probably reflects the fall in oil prices ...The fall probably reflects the fall in oil prices and is reflected in other bourses of GCC. GCC stock markets lack depth are dominated by banks, which make super profits on personal loans. There are no major players in manufacturing sector and major part of the economy i.e oil and gas sector owned by Government is not listed in the market. <BR/>Most of the new industry startups are not tapping the stock market and prefer bank loans. This being the case MSM movement does not create news or excite any body.Anonymousnoreply@blogger.com