beinvested

beinvested | Joined since 2018-08-07

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News & Blogs

2022-06-27 11:48 | Report Abuse

Deeds are contagious.

Do bad things, the rest will respond with bad things.
Do good things, every one will follow.
A person's characteristic is dependent on the environment he/she is growing up.

When inspiring people to do good things, the reward at the End is huge.
The End is referring to the Life in eternity which is not in this world.

The PE of this counter is less than 2.

Stock

2022-06-24 13:16 | Report Abuse

1. Looking at the current war in Ukraine and the possibilities of spreading the conflict to the nearby lands (like Lithuania and could be few others), how Russia may have to attack Israel and lead to the fulfillment of the prophesies in the Bible (Ezekiel 38:14-16) will be very scary.

So far, Israel did not get involve in the Ukraine war but not sure when come to Lithuania because Lithuania may seek Israel help like President of Ukraine did.
2. Few conflicts may be needed to take place, so that could lead to the the involvement of Israel towards Russia (land from the far north, Moscow is far north from Jerusalem). Russia will have to attack Israel then?


3. On the other side, Iran's nuclear facilities/the advancement are helped and are still supported by Russia. Israel committed to avoid Iran from getting a nuclear bomb at all cost and Iran had recently blamed Israel for the killing of numerous important people in their military advancement. Likely, Russia will defend Iran like Syria if it is attacked by another or Israel.

News & Blogs

2022-06-21 23:51 | Report Abuse

1. Following the opening of the borders at the end of March 2022 for travelers after uplifting the restriction from the COVID19, the demand for the fuel/oil from many countries were surging to the level of pre-pandemic. The price of oil has increased a lot since then.
2. Those countries like the Saudis or Russia have been making huge profit presumably and therefore Russia has got their currency (Ruble) even better than before the war. The Saudi king had refused to kind of cooperate with the US government to deal with the oil production and the prices.
3. The profits for even the Refinery will be tremendous because of the larger demand of oil, the production volume and the higher margin of profit especially during the period of APRIL, MAY and even JUNE 2022. These periods of time are forming the coming QR of HY.

News & Blogs

2022-06-21 16:20 | Report Abuse

NTA evaluation is not factoring in any potential profit or losses of the company. Instead, the NTA is based on the existing value of the company and the capability of the company to reimburse each share at the least in the event of dissolution after liquidating all the assets and discharging all the liabilities in the Balance Sheet.

In the the case of HY, the NTA is calculated at RM6.60 at least else I would have been misguided by the report.

News & Blogs

2022-06-21 16:02 | Report Abuse

Those who has sold above RM7.00 not long ago, can buy now generously without bargaining at all.

News & Blogs

2022-06-21 15:57 | Report Abuse

1. When buying a house/building, the important factor for the consideration is the Location.
2. When buying stock and shares, the important factor is the Timing.

If the cut loss transaction was done at RM5.50 last week, the same investors can buy now to get back the same quantity of shares at a lower price thus making the total cost of investment cheaper.

Those who bought yesterday at RM4.40/share could have timed their entry correctly.

News & Blogs

2022-06-21 13:22 | Report Abuse

The prices are dependent from the factors of demand and supply.
Whenever the supply (selling) of the stock is greater than the demand, ceteris paribus, the price of the stock will be depressed. On the contrary, the price will be increased whenever the demand is greater than the supply.

However, the supply of the stock could be manipulated or under panic selling at certain events/circumstances and therefore the price of the stock may not reflect the reasonable market value.

Stock

2022-06-17 14:39 | Report Abuse

Dear Mr OTB,

Assuming I am having the Controlling stake of a company, respectfully, I can assure you that nobody can insult the share price of my company when in fact it is RM6.60 instead of RM4.60 only.

Let's see if the Management of the company got any comment later in the day...

Stock

2022-06-17 13:55 | Report Abuse

On 26 DEC 2016, Shell announced the completion of the sale of 51% in the business to HY.


https://www.thestar.com.my/business/business-news/2017/02/06/shell-refining-seeks-name-change-to-hengyuan-refining-co-bhd

In the AR for 31DEC2021 published on 26APR2022, the total of 68% of the shareholdings were reported in the List for the top 30 Shareholders.

The remaining 32% is undoubtedly being held among the small holders like any of us.

The controlling stake of 51% of the issued shares is securely held with the following:-

1. Rhb Nominees (Tempatan) Sdn Bhd
Malaysia Hengyuan International Limited
113,701,002 37.900%

2. AMSEC Nominees (Tempatan) Sdn Bhd
Pledged Securities Account - Ambank (M) Berhad for Malaysia Hengyuan
International Limited
39,368,000 13.122%

The business takeover is rather for reason of the long-term geopolitical strategy for China in terms of the energy supply than profit maximization alone. Likely, plenty of the refined oil will be exported back to China even though those crude oil are arrived from the Middle East. It really make sense that only the ready to be used oil should be shipped back to China and already being processed at Port Dickson.

The NAT now is RM6.60 a share and the Management should not be able to bear too much the gap between the market value and the book value.


Stock

2022-06-17 11:08 | Report Abuse

Numbers 20
New International Version
Water From the Rock -
6 Moses and Aaron went from the assembly to the entrance to the tent of meeting and fell facedown, and the glory of the Lord appeared to them. 7 The Lord said to Moses, 8 “Take the staff, and you and your brother Aaron gather the assembly together. Speak to that rock before their eyes and it will pour out its water. You will bring water out of the rock for the community so they and their livestock can drink.”

9 So Moses took the staff from the Lord’s presence, just as he commanded him. 10 He and Aaron gathered the assembly together in front of the rock and Moses said to them, “Listen, you rebels, must we bring you water out of this rock?” 11 Then Moses raised his arm and struck the rock twice with his staff. Water gushed out, and the community and their livestock drank.

12 But the Lord said to Moses and Aaron, “Because you did not trust in me enough to honor me as holy in the sight of the Israelites, you will not bring this community into the land I give them.”

SO, Aaron was with Moses. Aaron did not tell the people not to aggravate against Moses, Aaaron did not caution the people, in a way had kept silent, also "kena" from God, can not cross the Jordan. Moses, kena maximum, instead of speaking to the rock, he struck at the rock, go against the Lord. Moses was pressured, less faith, went against the Lord, he was not allowed into the Promised Land.

News & Blogs

2022-06-16 23:40 | Report Abuse

Psalm 39:2
For the director of music. For Jeduthun. A psalm of David.

2. So I remained utterly silent,
not even saying anything good.
But my anguish increased;

Accordingly, if you chose to remain silent...

And in Psalm 32:5 - 5 Then I acknowledged my sin to you
and did not cover up my iniquity.
I said, “I will confess
my transgressions to the Lord.”
And you forgave
the guilt of my sin.

- Then, King David admitted his sins and DIDN'T cover his iniquity.

Is wrong, IF you did not alarm others or let them to buy at the peak...

Stock

2022-06-16 17:03 | Report Abuse

True also. You have the point.

Stock

2022-06-16 17:00 | Report Abuse

With the advent of the technology, this 2 months grace period for reporting the QRs of the companies can be shorten.

The total assets between 31DEC2021 and 31Mar2022 , has improved from RM5.48b to RM7.38bil and the NTA a share stands at RM6.60 only. Mind boggling...

Stock

2022-06-16 16:44 | Report Abuse

Probably the QR shall be disclosed not later than 2 months after the closure of the accounts. The QR for 31 March was disclosed on 30 May, in time anyway.

Could it that this QR which ending March 2022 was taken unexpectedly that the EPS was reported with 15.82 sen only instead of much higher.

The war started in Feb. The QR ending 30 JUNE could give a better result when the oil prices were very good during this period.

Stock

2022-06-16 15:03 | Report Abuse

transacted as high as RM7.70 on 19 May, just about a month ago, now valued at RM4.94, lessen by RM2.76 only. That is about 35% roughly. Big losses.

Stock

2022-06-15 11:55 | Report Abuse

1. Fiscal Policy - Fiscal policy addresses taxation and government spending, and it is generally determined by government legislation.
2. Monetary Policy - Monetary policy addresses interest rates and the supply of money in circulation, and it is generally managed by a central bank (such as our BNM).

News & Blogs

2022-06-14 13:11 | Report Abuse

BTW, the father-in-law of Moses is Jethro.

Exodus 18 -

Jethro Visits Moses

7 So Moses went out to meet his father-in-law and bowed down and kissed him.
(Do we kiss our fathers-in-law?)

Jethro suggested to Moses to delegate his heavy duty alone to his people..

14 When his father-in-law saw all that Moses was doing for the people, he said, “What is this you are doing for the people? Why do you alone sit as judge, while all these people stand around you from morning till evening?”

15 Moses answered him, “Because the people come to me to seek God’s will. 16 Whenever they have a dispute, it is brought to me, and I decide between the parties and inform them of God’s decrees and instructions.”

17 Moses’ father-in-law replied, “What you are doing is not good. 18 You and these people who come to you will only wear yourselves out. The work is too heavy for you; you cannot handle it alone. 19 Listen now to me and I will give you some advice, and may God be with you. You must be the people’s representative before God and bring their disputes to him. 20 Teach them his decrees and instructions, and show them the way they are to live and how they are to behave. 21 But select capable men from all the people—men who fear God, trustworthy men who hate dishonest gain—and appoint them as officials over thousands, hundreds, fifties and tens. 22 Have them serve as judges for the people at all times, but have them bring every difficult case to you; the simple cases they can decide themselves. That will make your load lighter, because they will share it with you. 23 If you do this and God so commands, you will be able to stand the strain, and all these people will go home satisfied.”

24 Moses listened to his father-in-law and did everything he said.

The principle of delegation in a society/organization was firstly learned from Jethro..

News & Blogs

2022-06-14 12:26 | Report Abuse

Exodus 19 -

At Mount Sinai

8 The people all responded together, “We will do everything the Lord has said.” So Moses brought their answer back to the Lord.

9 The Lord said to Moses, “I am going to come to you in a dense cloud, so that the people will hear me speaking with you and will always put their trust in you.” Then Moses told the Lord what the people had said.

10 And the Lord said to Moses, “Go to the people and consecrate them today and tomorrow. Have them wash their clothes

11 and be ready by the third day, because on that day the Lord will come down on Mount Sinai in the sight of all the people.

18 Mount Sinai was covered with smoke, because the Lord descended on it in fire. The smoke billowed up from it like smoke from a furnace, and the whole mountain[b] trembled violently.

19 As the sound of the trumpet grew louder and louder, Moses spoke and the voice of God answered him.

20 The Lord descended to the top of Mount Sinai and called Moses to the top of the mountain. So Moses went up

IF these events can be proven wrong (is a fairy tales), then the Bible can be forgotten.

The Commandments were given to Moses. The people have the clinical death even before the 2nd Commandment. There were great fear among the people, thick cloud, smoke, shaking violently

Stock

2022-06-13 23:55 | Report Abuse

The increment of the interest rate from the Fed Reserve/USA is seemed unavoidable. The interest rate is used as a tool to tackle the inflationary effects on the price and the money supply.

The borrowers are very sensitive towards the increment of lending rate from the banks. They would dispose the investment even in overseas and move the money back to US to reduce the loans outstanding which will reduce the cost of their borrowings. If the selling is at a larger scale over the various markets whether in Asia or Europe, the selling with cause the various bourses to suffer decline. The local currencies will also subject to depression when the proceeds from the disposal of equities/shares are being sold for the the demand of USD before repatriating the funds back to US.

So, the impacted areas are the decline of the indexes of the stock exchange and also the currencies as a result of the movement/increment of the interest rate in the US.

Stock

2022-06-13 09:25 | Report Abuse

Talk is easy. How to fix it again at RM3. 80 for a Dollar? Unless the gov have enough of USD in your drawer else the Centre Bank will not be sacrificed from your mischief and mismanagement of the hutang negara. Now, exceeded RM4. 40,

News & Blogs

2022-06-10 17:04 | Report Abuse

USA can not be found in the Bible. Very clear. It has no role in the End. Unlike Iran/Persian, Jacob/Israelites, Rosh/Russia, Gog/Magog Central Asia, East/China. Today, Iran is preparing the nuclear bomb, Israel aiming to defeat Iran..

News & Blogs

2022-06-10 16:48 | Report Abuse

When they arrived at the New World, these settlers/criminal/blacklisted personnel, all adopted this system called "republic", which can do away with their kings/queens/religious leaders , from the Europe. There were red Indians and many other people yet. So, you know what they did? Later, call it USA...

They were willing to fight among themselves in the New World, bloody. And these Europeans/some are from the barbarians, mostly from the tribe of Esau, Haman, then Hitler...and entangling others.

News & Blogs

2022-06-10 10:23 | Report Abuse

All of you did give your good points for sharing. Thanks.

My turn.

China is nation (one civilization). USA is an Enterprise.

Elsewhere, The Babylonians came to concur their land and disappeared, the Greek, the Roman Empire (the Italians are not Romans), the Ottoman and left. This nation taken out by God, led by Moses is still around.

The Portuguese, Spanish, Dutch...are being defeated also. Today, Portuguese and Spanish are becoming poorer.

News & Blogs

2022-06-09 16:00 | Report Abuse

The debt by USA is USD30.5 trillion approximately.

https://www.usdebtclock.org/

Is a scary clock, though.


Money, actually created by God.
As early as in Exodus 22:25 , the people were as not to charge interest against their brothers unless lending to foreigners as mentioned in Deuteronomy 22:30 from the Torah.

SO, the purposes of the money was further developed until it being abused by those who wanted to enslave you with a large amount of debts that lead to meltdown of the economy of the community/society. BUT, sometimes, the effect got backfire to the lenders instead of the borrowers.

News & Blogs

2022-06-08 12:52 | Report Abuse

Putin warns United States against supplying Ukraine longer range missiles.

Putin is not a person like those traitors and distrustful guys. He conduct business with China, Iran, Syria, India, Turkey...if you can get his handshake, you can have his words. Basically, you can take it as good and final. Unlike some distrustful and "play you out" people where they may say that they can not remember what they have said.

SO, his warning as well, you basically can take it for real.

When all nations are gathered to fight in Jerusalem, Zechariah 14, is like Israel has been drawn into a conflict that is linked to many nations. For example, if Russian wanted to attack Israel, it will be melted within the same day. Others may be drawn into it dangerous war such as USA, Iran, Syria, EU, China, Pakistan...

News & Blogs

2022-06-07 21:27 | Report Abuse

USA are not bothered if the war is keep on running when the fighting is not at their border. Want to see how long Russia can last. Kind of agreeing that Israel drones can be given into the hand of the Ukrainians to fight the Russians. Dangerous.

Why Israel was willing to help Azerbaijan over the Armenians? 1. Armenians occupied Jerusalem before, like the Babylonians/Roman Empire/Ottoman/British before 1948. 2. In Azerbaijan, this is the only few countries in the world, even in this Islamic country (formerly with USSR), where the voices of the Jewish community are respectfully represented in their Parliament and having good friendship with Israel.

Turkey's drone is not as good as those from Israel but having Turkey to supply the drone to damage Armenian is just to dilute the intensity of only Israel helping. But Turkey also had conflict the Armenians before, so they were willing to share the job to defeat Armenians during that conflict. BUT Armenia is a nice country to visit.

News & Blogs

2022-06-07 19:51 | Report Abuse

On 4 December, Azerbaijan freed 10 captured Armenian soldiers captured from the 16 November clashes in exchange of maps detailing the location of landmines in Nagorno Karabakh, the agreement was achieved with Russian mediation.

Technically, Azerbaijan won in the war. Turkey and Israel provided them with the drones to destroy the Armenian then. Ukraine wanted the drone from Israel but it is unsure if Israel is willing to offend Russia.

Israel benefited from the war, as long Putin remained high with his ego, destroying Ukraine every day. Ten years ago, at the Mediterranean Sea, gas was found and enough for Europe. Now, they are increasing the output and supplying to Europe. Supporting the US Dollar a lot. It will become rich again.

News & Blogs

2022-06-07 15:20 | Report Abuse

This wicked Ziaklansky a jew, never knew, the Nazis killed so many of his people in Ukraine, the land full of blood, now God using Putin to "denazification". Those anti-Semitism agenda, never think twice, even embarrassed them with double chesse burger, you can not cook the meat of the child with the mother's milk, never walk into the MC D's. Hitler killed how many? Putin helping him by removing the Nazism...

News & Blogs

2022-06-07 14:05 | Report Abuse

The war can be escalated further. Putin being a man with high ego, shirtless riding a horse, judo guy and former KGB guy, is not a less educated man. How he can reduce his ego? Might as well to release some nuclear bombs to other countries at the same time...the Europeans are very naive being following the agenda of the US.

Read Zechariah 14 - ...the scenario of the destruction of the world.

News & Blogs

2022-06-07 12:20 | Report Abuse

Psalm 68[a]
For the director of music. Of David. A psalm. A song.
1 May God arise, may his enemies be scattered;
may his foes flee before him.
2 May you blow them away like smoke—
as wax melts before the fire,
may the wicked perish before God.
3 But may the righteous be glad
and rejoice before God;
may they be happy and joyful.

WHEN God is punishing a wicked nation/individual/company, don't be sad...

News & Blogs

2022-06-07 12:08 | Report Abuse

This war can not be avoided because all the events took place and will happen in the world, in each nation, companies and every individuals must have the approval from God who is the Creator. Like human, every living creatures were created by the Creator. Even a hand phone has its creator, being created for the intended purposes. HOW much the purposes of the lives of human beings that being created by God? But we are ignorant most of the time now, disconnected from God and the worse scenario is we rebelled/committed crime against the Creator.

SO, God can allow some events to take place to clean those tainted people, nation, companies...divine intervention. He runs the show even from the beginning and monitoring each of us every minute from above.

Like the strings tied to the toys, each of your movement is controlled by Him. Your flat tyre, missed the MRT, etc. All happened for good and for bad.

God is very patient with us. If His judgement comes instantly, who dare to tell lies if instantly the tongue is getting shorter or cursing people/stealing money immediately become mute/hand is deformed. He will account with us after the soul returning to Him.

Stock

2022-06-06 22:56 | Report Abuse

Where does it said that the account is based on the consequences of one's action/inaction?

Jeremiah 32:19 -

For example, if the innocent father had lost his life savings owing to a certain misguided advice for an investment, causing his children to drop out from the colleges, became drug addicts/robber, suffering in the jail, a soul had been....all the damages will be billed to that person all in combination/one lump sum.

Could have been worse...the fact is that each is still breathing here is already a miracle and by the grace of God.

Stock

2022-05-26 14:20 | Report Abuse

Job is a gentile. He is inside the heavy-weight category among the prophets. He is a righteous person and submissive to the Lord.

You can be a gentile and still can score high marks from the Lord, who is the Maker of heavens and earth. We must stay righteous and disassociate ourselves from those wickedness in the world.

For example, if the robber shot the bank manager and injured numerous bank customers at the banking hall before he shot himself just outside the main entrance of the building because the policemen have cordoned the area, will the punishment for the criminality is considered over? No. The whole case will be transferred to the Court of Heaven and the punishment will be tremendous/so severe and the soul will be shaking non-stop until his name he can't even know when the Lord ask him to say his name.

Normally, when a criminal was finally charged in the secular court, the victim would say "justice have been served" and feel relief a bit. But, at times it would be better if the criminal(s) should not be found by the Police but surely face the Lord in the Court of heaven and the punishment is until the eternity.

Anyway, do stay righteous and fear the Lord.

Love the Lord without Fear is nothing.
Fear the Lord without Love incomplete.
Love and fear the Lord is everything.
0 seconds ago

Stock

2022-05-19 21:08 | Report Abuse

The public can buy the shares.

I was attracted to the news at The Edge.
The QR published Tomei has the NAT of RM2.07 only.
In the recent weeks, the price went as high as RM1.25 probably.
Today's closing price is RM1.00 only which is far under valued if the Balance Sheet reporting is surely trustworthy. There are many other companies have their market value far exceeded the book value that can cause distrust among the public.

Unless got anyone has decided to launch a takeover movement, by accumulating the shares quietly, there is no better reason for their owner(s) to purposely dampen the pricing to frustrate the interested party.

Therefore, it is the onus of the owners to catch up/reflect the share price of the company to that of the book value.

There will be dividend payment of 3 sen per share and based on the current published QR the company is seemed to be doing better when compare to other years.

News & Blogs

2022-05-14 20:55 | Report Abuse

Psalm 140
New International Version
Psalm 140[a]
For the director of music. A psalm of David.
1 Rescue me, Lord, from evildoers;
protect me from the violent,
2 who devise evil plans in their hearts
and stir up war every day.
3 They make their tongues as sharp as a serpent’s;
the poison of vipers is on their lips.[b]

4 Keep me safe, Lord, from the hands of the wicked;
protect me from the violent,
who devise ways to trip my feet.
5 The arrogant have hidden a snare for me;
they have spread out the cords of their net
and have set traps for me along my path.

6 I say to the Lord, “You are my God.”
Hear, Lord, my cry for mercy.
7 Sovereign Lord, my strong deliverer,
you shield my head in the day of battle.
8 Do not grant the wicked their desires, Lord;
do not let their plans succeed.

Stock

2022-05-10 13:16 | Report Abuse

If we don't understand that the sufferings were from the Creator...those suffering can not clean his dirt/sins in this world...because he is doubting God's plan, by saying such as "i should have used this route, "you shouldn't have asked me to start the journey today" , "why you forced me to sign the financial statement?" , "why you asked me to buy BitCoin last week and now suffered losses?"...

Stock

2022-05-10 13:07 | Report Abuse

So scarry. What is the purpose that all has to suffer in life...rich or poor and short/tall. Health, stock prices went down, bankruptcy, lawsuits, disobedient children, financial losses, hospital long queue, LHDN demanding letter

Prophet Job suffered...the suffering of 70 years in life can not be matched to 1 hour of suffering in Hell. Suffering is TO erase the sins in our lives. Better to clean of sous in this world.

0 seconds ago

Stock

2022-05-10 12:56 | Report Abuse

Roman Arkadyevich Abramovich is a Russian oligarch, businessman...one person helped him to obtain the Portugal citizenship got investigated by the FBI...must be connected to Putin.

Persons known to Putin got choked...sanctioned.

No matter what can happen, one thing that nobody can take it away from you is...

Stock

2022-04-29 22:57 | Report Abuse

The rich men and poor men are equality tested by God during the days of their lives.

Stock

2022-04-29 22:54 | Report Abuse

Proverbs 30 - 7 “Two things I ask of you, Lord;
do not refuse me before I die:
8 Keep falsehood and lies far from me;
give me neither poverty nor riches,
but give me only my daily bread.
9 Otherwise, I may have too much and disown you
and say, ‘Who is the Lord?’
Or I may become poor and steal,
and so dishonor the name of my God.

** WHICH one is worse? 1. Rich, you may become ungrateful, disown your Creator, become infidel.
2. Poor, poverty and became a thief.

Answer :- Infidel/heretic will be punished severely by God.

News & Blogs

2022-04-29 11:59 | Report Abuse

What is the difference between the ayam jantan and ayam betina?

Ayam jantan - it won't cause any disorder in your barn, if you don't feed it and becoming even very hungry. It will stay quiet, move a few more steps and the most it will drop dead on the floor.

But, the ayam betina - it will cause havoc if we won't feed it (them). The hens will cause damages when flipping their wings noisily and uncontrollably.

Our bodies are like the hens, need to eat and can be noisy when looking for food.
But, our souls should be like the cockerels, remained clam and quiet even at time of challenges/unsured with share/counter to buy.

I think Subur is better when comparing to JT. Checked these Balance Sheet.

Stock

2022-04-27 11:35 | Report Abuse

These reckless "not so smart" western/USA leaders are so helpless now are hearing the demand by this Ukraine PM which reported as demanding more military equipment to counter/fight the Russians.

Appropriately, if the WW3 erupted, which can cause havoc in this world, he will be solely and summarily responsible for the damages in combination and liable to compensate each person on this earth.

News & Blogs

2022-04-26 20:47 | Report Abuse

We are fortunate enough because Malaysia has palm oil and petroleum otherwise the Ringgit could have been much cheaper.

The Ringgit can be a resemblance of a man/machine which can only be burdened with that much of weight or pressure in a given time frame.

The national debt (RM980B) is inclusive of those which are denominated in foreign currencies in addition of loans in Ringgit. These loans are needed to be serviced, say on a monthly basis, by selling the Ringgit, to obtain the foreign currencies like USD for loan repayment. The pressure of huge amount if compounded with others transactions of selling the Ringgit could make the suffering worse.

When a bank in New York increased the deposit rate, the investors may sell their investments, sell the Ringgit and buy the USD ultimately. Such an event can burden the Ringgit further.

The cost of importing products and service will disadvantage to the Balance of Payment for the country. Malaysia can initiate ways to reduce import such as foods because we have plenty of land to expand the farming activities. With more than enough to eat, we can reduce the outflow of Ringgit in the future.

Stock

2022-04-25 11:57 | Report Abuse

Wise men do not get paid. The sustenance/parnassah of a man is depend on God the Almighty.
He is your provider and protector. How many professor/bank executive/IT lecturer/policeman/writer did not have enough to settle their monthly bills?

IF your Creator wanted you to be rich or prosperous, just one announcement (they banned the palm oil export) already make you so rich without any college degree. Look at those founders which are actually not so smart also but when God wanted them to become rich, nobody can stop them.

SO, look to God, if you are entitled or having the merit to become prosperous, you do not have to depend on your rich uncle/cousin because sometimes and sometimes they are not merited to help you.

So look to your Creator daily and those merited and capable to help others.

Stock

2022-04-25 09:44 | Report Abuse

10%. Better than fixed deposit rate.

Stock

2022-04-23 11:53 | Report Abuse

TO mitigate the continuing cooking oil crisis in the country. Indonesia, like wanted to ensure the demand of the locals are meet before the products are allowed to be sold overseas/export. SO, the supply from Indonesia to the other countries will be reduced, ceteris paribus, the supplies by Malaysia for example, can not be increased instantly, will cause a shortage of supply, and the price will increase if the quantity of demand is remained.

News & Blogs

2022-04-21 14:47 | Report Abuse

You are right, borrowing more is no good.

In the recent years, many countries are led by those "not so smart" people, but many rakyats/the citizens are smarter. Living on credit term is undesirable, but Malaysia is fortunate because we have many hard working rakyats/pendatang else our economies will be choked like some countries now. Others still have confidence with Malaysia which have the ability to service the loans taken by the government.

We also have the politic stability so there will not be any war in the near future. Meaning, the CCRIS report for Malaysia is good.