Am going to write down interesting about my internship in Interpacific Research Department, just to keep a record ... Geez
First of all, glad to be in Research Department because I am able to touch the Bloomberg computer worth RM 10k per month for subscription ... It is like a wikipedia mostly for Economics and Finance ... First day, I learn all those commands by reading tutorial documents, glad there are tutorial videos & online examination too !! .. So am able to get a certificate as a Bloomberg user ... Am going to take the test ... Another good thing about this computer is I can message for Help whenever I do not know how to use those functions ... As for today, I arrange companies according to dividend yield and later on market capacity ... However dividend yield is inaccurate due to the fact companies are undergoing "capital repayment", means they sell their capital to pay back investors.
I start up learning arranging morning news for Interpacific users, it is just about copy and paste from other websites. Another hot topic in my department is OldTown!! ... It is just listed today with an IPO 1.25, and I guess the average price for it today is 1.37, so that will be a 8% earning if you buy it and it is just a few months... Actually it is quite low considering 8%,you will have better opportunity if you are in financial field. For example, MSM which is a sugar company, if you buy it on the first day (2.6)and sell it on the second day(3.9), it is already 33% earning, if you keep it for a week , it is 5.2, you just double your asset... However playing without researching is still quite risky... It may seem payout is pretty high, but no knowledge in finacial field is equal to trowing money away ....
Well I heard a teenager come out as a trader without finishing SPM, earn 22m as a trader but later on bankrupt, so dont think it is great to be in the financial line
Well I am gonna introduce my mates for one time
Rosali- A quiet malay senior
Robert- Hilarious man, 2 years here, teaching me stuff all the time, but he is quiet busy so I am actually playing Bloomberg all the time
Wendy- 2 years senior, friendly too
Juliet- another intern, from U Sarawak, live in Cameron Highland
Well ... kinda free though, reading my own books , playing Bloomberg
there is a dirty secret from my department ... hehe ...
And the clue is MIDF ... Shhh
Wednesday, July 13, 2011
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