1st Public Talk

CP TEH

Publish date: Sun, 01 Feb 2015, 09:52 AM

I had my sort-of first public talk yesterday!! Perhaps I did not promote it well. Perhaps of the long weekend oooor ... perhaps no one take note of my sharings?

Well ... managed to get 8 attendees. That is good for first public talk. I spoken about how I traded Hapseng and Hapseng-wa well ... sharing some simple ''secrets". Yes, my public talk is free ... and to promote the www.tratles.net site ... visit me there!!

So, I am going to promote here my second public talk (e-mail me at cpteh@tratles.net ) next month. Perhaps I will talk a little about what it takes to be a trader . Watch the event I m going to create at

https://www.facebook.com/tratles

Education is an ASSET. I do pay good money for my financial education. Recently, I subscribed to Robin Sharma's video and e-learning about LIVING and MOTIVATIONAL. Yes, paid ... and it is not cheap.

DO not be cheap ... those cheap mindset people will continue to be ... cheap.

I have moved out of my ''poverty'' level some 5 years ago ... I have changed in total my mentality and mindset about NORMAL people ... and moved a notch up. I have learnt to stay motivated, to focus in my trades ... to ignore noises and majority people around me who ... either losers or mediocre people doing normal things that we are being taught to do!!

I want to write about ... how I get out of being hugely in debt, how I lost so much to Mr Market and survived wiser ... I do want to share how I became a trader at newbies-level ... and how I struggled financially. I was there merely 5 years ago!!

So ... I might want to write a book!!

I need to get started with my first step ... draft!! Any opinions and comments about my venture into writing a book will be appreciated (e-mail to cpteh@yahoo.com ) and I will take them positively.

Do join me in my second public talk after CNY.

Have a nice long break!

TEH

Discussions

1 person likes this. Showing 2 of 2 comments

Ricky Kiat

good jobs cp teh, pls share more info that benefit others investor.

2015-02-01 11:09

Hk Wong

The retail prices for fuel in the country will be reduced between 11 sen and 23 sen from midnight as the downtrend in global crude oil prices continues, said Deputy Finance Minister Datuk Ahmad Maslan today.

He posted on Twitter that RON95 petrol will be reduced by 21 sen to RM1.70 a litre; RON97 will be priced at RM2 a litre (11 sen drop) and diesel at RM1.70 a litre (23 sen drop).

"Minyak turun lagi mulai 1Feb. Ron95 seliter rm1.70, diesel rm1.70 & ron97 rm2.00. Wang lebih utk belanja lain/tambah pelaburan! (The fuel price has gone down again starting February 1. RON95 at RM1.70, diesel RM1.70 and RON97 RM2. Extra money can be used for other expenses/ investment!)" he said.

In November, Putrajaya announced that it would remove all fuel subsidies effective December 1 and use a managed float method to determine the retail price of fuel.

Through the managed float method, the average change in the product cost will determine pricing on a monthly basis.

However, with oil prices showing no signs of recovery, Malaysians should be able to look forward to cheaper oil prices in 2015.

Ahmad Maslan said last month that the government would continuously monitor the market development of the cost of the products and exchange rates in fixing the retail prices of petrol and diesel.

Yesterday, Pandan MP Rafizi Ramli said the government had been collecting "hidden" fuel taxes, cashing in over RM1 billion since last month.

"Since the managed float system was adopted on December 1 last year until today, the government has collected RM1.149 billion from petrol and diesel taxes," he said.

He added that the people had been paying above market prices for petrol and diesel for the entire month of January because of the price fixing policy by the Federal government.

The PKR secretary-general said that the price for RON95 and diesel on January 1 was RM1.75 per litre. This was after taking into account the cost and profit guarantees given by the government to fuel companies at 32 sen for RON95 and 23 sen per litre for diesel.

The price then dropped to RM1.63 per litre for RON95 and RM1.62 per litre for diesel on January 28, he said, but consumers were paying pump prices of RM1.91 a litre for RON95 and RM1.93 for diesel.

"Because the people are still paying prices higher than the market prices for unsubsidised fuel, Barisan Nasional (BN) is reaping profits by collecting fuel tax without telling the people," he said in a statement today.

For the average fuel prices for February, Rafizi said the government should set the price for RON95 at RM1.62 per litre and RM1.65 for diesel without subsidy.

"Should the government heed the demand of PKR to subsidise fuel, the prices should be RM1.32 per litre for RON95 and RM1.35 per litre for diesel," he said, adding that should the prices be different, "then the relevant minister must explain how the prices for both types of fuel are calculated.

"We came up with these prices based on the same formula used by Barisan Nasional and the MOPS (Means of Platt Singapore) market prices," he said. – January 31, 2015.
- See more at: http://www.themalaysianinsider.com/malaysia/article/futher-drop-in-fuel-prices-from-tomorrow#sthash.SwIbebFd.dpuf

2015-02-01 16:16

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