the way forward is to Tax when people consume. over time, advance nation will reduce income tax and increase gst

easily half the population don't pay income tax. Malaysians who earn less than 4k a month don't pay income t.

All the advance nation in the world implement GST. it is a progressive tax. USa, canada, Australia, UK, France, Germany Japan etc. implement GST

mahathir don't understand economy

without the economy of scale of large population like China, Malaysia cannot compete in old economy like steel and automobile

with small population and a discriminatory education sector, mahathir did not build a strong r

and mahathir still blindly throwing money into those industries

malaysia steel and automobile industry will never be able to compete with china, korea and Japan.

hence, created a bubble economy that burst in 1997

mahathir 's GLC borrowed a lot from overseas and speculated a lot in local stock market and venture into many unprofitable business

mahathir meddles the judiciary and this has cause investor to lose confidence in malaysia.

with huge subsidies and bailout of those GLCs that causes the malaysia currency to depreciate sincs 1997

mahathir champions old industry like perwaja and proton that distort malaysia's economy

zero sum game where the other side has to lose if one wants to win.

mahathir has brought the nation to the wrong side of the economy. his mentality is base on a zero sum game sum game

When PE ratio is 50 times, that is stupid. STUPID. That means if the company make the same amount every year, you will need 50 years to make back your investment. 2% yield.

Don't follow the herd. Number 1 investment philosophy. I bought Nestle in 2008 at RM28, when nobody is looking.

Location is also a important factor of a lot of business. Choosing location is not luck.

That is the main purpose. Pakatan with Mahathir as the leader will do more damange than Barisan National. Good timing for Robert Kuok. Mahathir's policy has destroyed Malaysia's economic fundamental and reduce the country's purchasing power. Ringgit has depreciate from RM2.5 / 1USD to RM4.2/1USD.

compare to last year quarter, NetProfit drop from RM465.265 million to RM193.423 million ringgit

why is there so much short term loan for this company? what are they using it for?

Yes, then people who invest in iCap is stupid.

TTB is waiting for PBB to go to RM10 and Nestle to go to RM40 then only then he buy. Hahahaha. A definitely conman and only he can survive in Malaysia. He always believe China will beat USA. From here, you can tell, how stupid he is.

What is A&P expenses?