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Regular readers of KiniBiz may notice that we have added two new sections – StockStalk and Singapore to our coverage today. This is to continue to improve our superior daily offering of business news, commentary and analysis for our discerning and demanding followers.
A constructive criticism that has been made about KiniBiz is that, although it offers important business news, analysis and investigative reports, it does not give enough of market-moving news – what you can use to trade on the market.
We don’t agree fully with that because important information is a valuable commodity that can be used for making market assessments. KiniBiz does provide that in regular daily doses, updated throughout the day, telling it the way it really is.
But we don’t believe that we should be going all out to get news of the kind that is planted to actually move markets – the variety where a company is said to be bidding for contracts for instance, or a “market-moving” piece of news leaked a day before the announcement to the stock exchange to garner retail investor interest and trading. The list can go on.
No we won’t do those things because that’s often – but not always – to entice the retail investor in after insiders have already made their move. Ever notice how a stock moves months before the relevant announcement is made and then corrects post the news as the insiders unload as the retail investors pile in? There is enough such information – or misinformation – already out there. We won’t be part of that.
But what we can do is lay out what should be considered about a stock if one mulls moving in or out, with the caveat let the buyer beware. Our take may be a little different from others but it does set out what others say too. That’s the rationale behind StockStalk – solid, reliable information and analysis based on which an informed decision can be made, packages in an easily readable format which is readily absorbed.
Check it out for yourself. We trust you will find it interesting if not illuminating and will add to our list of differentiated content which regular readers are already accustomed to. And do tell us what you think by going to editor@kinibiz.com.
After all, feedback is the springboard from which change for the better comes forth. We seriously consider all suggestions for improvement and if it can be done, we will.
As far as Singapore as a separate section is concerned – that’s only natural considering our close economic and historical ties with them and the increasing amount of cross investment taking place. Eventually, we will consider putting in more regional news as well.
Meantime, we take pride that we have already received recognition for what we have done in the past year. Our reporter Chan Quan Min was awarded the National Press Club’s best online journalist for Malaysia. Another one of our reporters, Khairie Hisyam Aliman was a finalist for the same award. That is indeed an honour, coming in just our first year of operations.
We are also finalists for the Excellence in Business Reporting award under Category B in the Society of Publishers in Asia (Sopa) Awards for our extensive reporting on 1Malaysia Development Bhd’s shenanigans. I hope to be able to report positive news here.
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