Gopal worked as an educator and love doing what was assigned to. Well although the pay was not as much as his friends at the private sector, yet he was satisfies and had a sense of fulfillment.
Gopal worked in a small school and it was important to him to maintain a good relationship with everyone at school.
"Why don't you play some shares ?" Zainal told him. "You could make some money from it? " This thought had been with Gopal the whole day and he told himself that he had nothing to lose. He took Zainal's advice . Gopal went to the broker's firm near his school. He got a everything sorted out and opened an account. Well things looked very nice for him from the distance.
Gopal read and subscribed to the major finance newspaper. He took his time to analysis the company with learning from its board of directors as well as learn more of the share performance before parting ways with his hard earn money into the shares. Well he studied well for a couple of weeks before he came up with a list. This list was a very good list because he has done his homework well and knew that is was worth something if one would get the major companies. Well in the local stock exchange, there are about 200 over counters and some are just there waiting to fall while other are changing over the time. Well Gopal knew that he had something on that list of his.
The list consisted of several major blue chip companies and it was made with such effort and trouble and consume lots of time.
Gopal made the mistake which was considered a major if you are a player. He trusted someone. He contacted with his broker and told him the list. He gave him the list!.
Zainal was a man of many dreams. He wanted to work his way up to be a successful and rich. He did not really have a bright head but was considered as an "ass-kisser" among his workmates. When Zainal got the list, it was like he had struck the jackpot. He knew what he needed to do. It was like a blessing in disguise. Zainal was known to be a gossiper in the office. If you wanted to spread a rumour, Zainal was the man for the job. Well all Zainal had to do was make a few calls to his good loyal clients and the prices of the shares on the "list" would start to change dramatically.
Well that is what is considered at inside trading which is damaging our local share market with lots of investors taking there money and going to other countries and investing there. Well staying in Malaysia but you have all your investment in Hong Kong and Singapore is a worrying trend.
I am not an expert in economics and not a player but i just like to learn and ponder of things.
