By winding up the company, the lenders were prepared to get their assets (loans that are payable by the borrower) being wiped out.

What if the company can get a deal to make the winding-up being stayed adjourned. The reputation of the state government may be affected...the company has got the experience and skill in the oil & gas industry.

The Chairman said...

Merging has caused many of our small banks went missing. Those few banks that have become bigger are not serving the small businessmen anymore better.

Accountants are still needed and important in the organizations, business entities and governments for the productive functionalities. Don't see anytime soon that these jobs will be become irrelevant anymore since the ancient times.

These new things such "merging", "outsourcing" and "blockchain" kind of things are from those universities that may wanted to misguide many ignorant nations.

We have to acknowledge that there many rich peoples who are generous and charitable. Many and myself will agree that Mr Koon is a one of them and he has helped many poor and needy peoples and those students that need funds to study. It is mitzvah. There will be great rewards both here and the world after. The excessive good points will knock off all the bad points when the person face his/her Maker eventually for the His judgement.

However, we can not rob the rich to help the poor. Giving away the plunders/illegal gains will not reduce the level of wrongdoings. For example, when the robbers being stopped by the policemen and they wanted to surrender the money from the bank to the authority, this act will not cancel their prosecution from the court. In fact, the charges from the police department has not even started. The charges only starts afer the interrogations/remands at the lock-ups. SO, donating/offering using robbed money is not going to reduce the guilt but only relaxing the conscious of the robbers.

Even withholding/delayed in paying workers' salaries is a sin.

New International Version -
13 “‘Do not defraud or rob your neighbor.
“‘Do not hold back the wages of a hired worker overnight.

Exercise and good diet will definitely help our health but getting involved in dangerous sports/outdoor activities will endanger our lives. Yes, the lifestyle also, like being addicted to drugs, touch screen or laziness are not good,

BUT life come from God who is our Creator.


Even the eyesight or the ability to hear are bestowed by the Maker.
(Exodus 4:11 New International Version -
11 The Lord said to him, “Who gave human beings their mouths? Who makes them deaf or mute? Who gives them sight or makes them blind? Is it not I, the Lord?)

Similarly, the sustenance/Parnassah does not come from our college degrees/universities but from the LORD. How many professors can not settle their minimum monthly credit cards repayment? On the hand, many school drop-outs succeeded in their businesses.

In term of keeping healthy to prolong the lives, how many strong/young muscular fighters have been cut short their lives?

To live long, even the decree in Heaven has been sealed with the mud (instead of blood), that the person should died the next day, a huge kindness from him/her to others/charity, even the night before, usually can cancel that decree.

Surely, the older the person the sooner he/she will died because no one can live for hundreds of years. No matter how much you want to offer to negotiate in order to turn back our age to become younger, the law of nature will not allow that to happen. Otherwise, many people will be willing pay RM1Mil to become younger by 1 year.

To study accountancy, the person would only need one calculator, one pencil and an eraser whereas more tools and equipment/facilities are necessary when studying medicines, electricals or electronics.

Every organization need a book-keeper or an accountant so it is easier to gain the employment upon graduation.

Being an accountant or financially literate, we can decipher the Financial Statement of any businesses without difficulty.

Pang72 the regular guy that cheers many up when...thanks.

Pang72, no surprised that you may have purchased at 48 sen and sold 53 sen before that 11 am just now. Did you?

A gradual recovery now for the price may be better than being dumped further.

Interested parties are buying up that are at RM0.53 and below.

At such a bargained price for the company shares, someone might as well emerge as a new major shares holder. Never knew.

What a person with a vision to grow the business will have a different opinion and IT products are not like those perishable goods that need a large store/warehouse.

What the corrective measure that the company has taken was even the quick announcement of a new executive (Mr Leong) to mitigate the issue of continuity of the business/management.

Yes. People/investors can make profits from the chaotic atmosphere/drastic movement of prices.

The QR code payment is one final step to complete the purchases at the POST counter. The purchasers still need the scanning for those item at the check out counters. SO, the business still can provide those hardware and accounting software to the sellers/merchants.

P/E is 36.28 , EPS 1.34 sen and the share 48.5 sen.

RM485 at 2% p.a. FD rate, the P/E is 24.25

Share value can appreciate/depreciate but the FD amount does not grow for a year.

Yes. Should have managed the company properly so that the depreciation of shares have not been so much.

The cash in the bank amounting to RM73MiL is an attraction and there are many companies do not have even RM7MiL in their bank accounts.

The principle of "the benefit of the doubt" is still applicable in this modernized world.

The Lord said in the Bible, with such meaning, "i can not look at your face" and "I don't want to hear your prayers" are basically without contradiction.

The "murderer" as described is not that he/she had fired the gun shot into another person's head BUT rather simply had bad mouthing, causing someone has lost his employment. As a result, his children have to stop schooling, wife/wives walked away...sufferings.

SO, the punishment for the guilt is not based on the bad mouthing alone, rather based on the consequences entailed from the termination of his job and the sufferings by the family members.

QR 30SEPT2022 - Sale/Income RM21MiL, Lost RM3.2MiL, Cash RM73Mil & Total Assets RM260MiL. POST system is very saleable product to the merchants/retailers, in Malaysia & in the SEA countries. Manage it better, should be valuable the shares of the company.

After the costly football stadiums being used for a while, the Arabs will use it for camel racing?
Wastage.

Many workers were killed during the construction jobs. Some are killed during the football games. Sports, muscles, running, chasing, pushing, lickings...aiyah.

So, Olympics...sports, high jump, foot ball/kicking a piece of leather, cross country run...
The emperor put the people into stadiums so the citizens should have no time to think of even overthrowing the wicked kings.

If God wanted us to running around chasing a piece of leather or jumping and running like a horse, then God must have made us a horse or monkey. Is a lie and biggest scam.

In Italy, where are the Roman Empire/Romans? Only left the stadium/coliseum...and Chuck Norris and Bruce Lee were there kicking for a while. Who are still there? The children of Jacob are still there.

The Greek, Babylonians, Persians, Romans and Ottomani are all gone as well.

BUT Jacob went to Egypt and he had to because there famine...and Joseph was already there and cast out a place his father to live, with the approval of Pharaoh, Goshen.

https://sg.yahoo.com/news/xi-jinping-preparing-chinese-people-094946509.html

THE western media may be biased.

Don't think that China will even wanted to invade/attack Taiwan.

Esau and Jacob are the children of Rebecca.

Esau is the outdoor guy. He liked hunting/muscles/killing/arrows/weapons...whereas Jacob is an indoor guy who like learning and good is wisdom and closer to God.

The children of Esau are the Edom, Greeks, Romans (Roman Empire left with the Roman Catholic)...today they in the royal families in Sweden, Denmark, England, a lot in the USA...fighters).

The children of Jacob even in today's world, they are more to using brains/wisdom/inventors/IT genius and their muscular/heavy jobs are somebody's task to take care.

So, the descendants of Esau always wanted to fight.

True. Wars bring disasters to all the parties.

The single strike from Ukraine has caused the casualty as high as 89...and the pressure in Russia in escalating that might lead the world into the "end of the world" mode without us realising.

Russia, like a wounded animal, may release a nuclear bomb, not necessarily like what USA did to nagasaki & Hiroshima but a kind of local nuclear bomb that erase 10,000 population or so which will trigger the world war as expected.

The US and NATO will come in and the other side such as China, North Korea, Iran... may be forced to get involved.

The oil price will go up, share markets will crash, short of food...

Putin may put his ego on the ground and decided to teach a lesson for Ukraine.

Blinken was informed by Wang Yi, so not to bully China further in order to derail the development and advancement.

China need not have to compete with USA head-on basis. Just continue to work on those necessary projects for the betterment of the economy, science and humanity in this world.

I am far from sinless/righteous but i would share what i have learned/from the Book of God. Common things from the market, KLSE...as known before the BURSA.

19 They answered, “An Egyptian rescued us from the shepherds. He even drew water for us and watered the flock.”

20 “And where is he?” Reuel asked his daughters. “Why did you leave him? Invite him to have something to eat.”

21 Moses agreed to stay with the man, who gave his daughter Zipporah to Moses in marriage. 22 Zipporah gave birth to a son, and Moses named him Gershom,[c] saying, “I have become a foreigner in a foreign land.”

23 During that long period, the king of Egypt died. The Israelites groaned in their slavery and cried out, and their cry for help because of their slavery went up to God. 24 God heard their groaning and he remembered his covenant with Abraham, with Isaac and with Jacob. 25 So God looked on the Israelites and was concerned about them.

WHAT CAN WE LEARN?

Your ill treatment from others/another, caused you to yield/cry the LORD, has "went up to God", as in Verse 23. It can be kingdom/gov, so God can destroy Egypt then. The Egypt during the time of Pharaoh is not the Egypt of today.

Buy the quality stock is safer.

1

This new government must work to reduce the interest rates from the bank that are not helping the consumers in view of the type of inflation afflicted the economy. This type of inflation does not need the hike of interest rates as propagated by the Western thinking economists.

1. DSAI has achieved his target when becoming the PM and now helming the government/country. So, no sorrow or regrets even the tenure of his premiership is unpredictable. What a fulfilling feat from the "reformasi" movement?
2. Minus the parasites, anyone will last longer, unless like while climbing a coconut tree, the rest who are below your butt are pulling your legs to drag you down.
3. When in the classroom, teacher taught that inflation was due to excessive cash in the hands of the consumers chasing after limited goods & services, therefore causing the prices to increase/inflate too much. As a result, the purchasing power of the money is diminishing or the value of the currency is dwindling continuously.
4. The current incident of inflation was caused by the increased cost of production largely caused by the war in Ukraine. Therefore, the price of finished goods are pricey and consumers needed more money to buy the same quantity of goods and service. The consumers suffered a lot because their incomes are not improving.
5. The worse part was allowing the banks to increase the interest rate to hammer this unorthodox/unusual kind of inflation. Already coupled with lesser money to buy the usual consumptions, the larger amount of bank loan repayment has paralysed the economy of many family...in the towns, big or small.

The Arabs are the descendants from Ishmael. Hagar gave birth to Ishmael. Abraham and Sarah were very old and she decided to allow her husband to sleep with Hagar, the Egyptian maid (Genesis 16:2). Hagar conceived.

Ishmael was 13 years old when he was circumcised, so the Muslim followed this practice as it was. Abraham was 86 years old when Ishmael was born and Abraham himself was circumcised together with Ishmael when Abraham was 99 years old ( Genesis 17:24).

Later, Sarah gave birth to Isaac when she was 85 years old and Abraham was 100 years old. Isaac was circumcised on the 8th day old (Genesis 21:4) and the practise was followed as it was.

The LORD blessed Ishmael as mentioned in Genesis 21:18 which stated "I will make him into a great nation".
Ishmael cried as his mother was wandering in the desert, without water, Hagar said "I can not watch the boy die" and began to sob (Genesis 21:16).

The LORD opened her eyes and she saw the water and she collected the water and gave the boy a drink.

The prayer from Ishmael was effective, crying for his life...like some of us.

Ishmael and her mother Hagar was chased out/sent away by Abraham and Sarah because ishmael was having conflict with Isaac, the father of Jacob/Israel.

The simple majority can be simply from only 2 blocks (PH & BN) only.

What to do? Do the legal/generally accepted way. merely a simple majority, you guys got to close rank now and do your best to redeem this country out of the troubles.

The "king maker" should be our King instead of the parties known as GPS, GRS, GRO...

Majorly won by PH, so the chance to form the government should be firstly be given to PH in the spirit of democracy. Supposedly, the interested parties can respond to PH by doing a coalition with PH to form the new government arising from the GE15 last Saturday.

Preferably, in the coalition there should be minimum parties as compared to numerous/multiples parties.

For example, PH can be joined with BN or PH can be joined by PN (unlikely).

Wishing that democracy process will be upheld.

Just now, wanted to buy at RM0.51 but quickly dropped to RM0.46, unbelievable, then managed to buy at RM0.48 only. Give a try

With the collapse of the PH government in less than 2 years time (22 months only), Tun M was not able to fulfill his obligation that DSAI will replace him as the the PM in 2 years time then. His promise was frustrated by the breakup of that coalition government because he is deemed sincere and any attempt to prove otherwise is just futile and not enforceable in our Court of Justice here.

The assets are good ones -

1. Subang
Parade
2. Mahkota
Parade
3. Wetex
Parade
& Classic
Hotel
4. Central
Square
5. Kulim
Central
6. Segamat
Central

As at QR2 30June, Net asset increased. Book value for each unit of share is RM1.18 only.

Based on the "List 0f 30 top shareholders" in AR 31Mar2022 - these 30 entities are controlling 90% of the issued shares.

Now known to me, it controlled A&W. Not bad.

The fish rot from the head.

Few of those men/politicians mentioned in this article merely involved in a few millions Ringgit. However, the violations/offense will be exposed and the wrongdoers shall be charged. But the cases that involving huge amount are now known to the public where the criminalities are linked those who are claiming innocence repetitively.

The country are blessed with so much natural resources and we need no introduction to those products.
We have arrived at such an unfortunate level in the economy performance of Malaysia is mainly due to the competence of the leaders in the government.

This coming GE will be an opportunity for the citizens/rakyat to vote for a new government so that a better government should proceed to improve the weaknesses in the beloved Malaysia.

BILLC - true.

ks55 - true.

USA fought the bloody war(s) amongst themselves to get themselves united until now. But now they are fighting others so that their opponents can be divided or disunited.

Before the British empire, there were Spanish conqueror, Holland/Dutch, Portugal (Malacca, Macau & east Timor), Ottoman defeated the Byzantine, Roman empire, Persia, Babylonians, Mongol empire, etc. These empires disappeared one by one over the years and presumably British empire will be vanished in time to come. Those kings and their people also being removed after a period of time and the only people that remained to be seen today is up for anybody's guess.

The British conquered so many lands and countries and the consequences are their own country is now overwhelmed with many multi-culture and too diverse the ethnicity with people from their former colonies especially. Today, they installed a PM that is from their former colony. Do you think that God must be crazy?

If a country has committed the violations/serious aggression against anther country/its people, the pay back time will come. There is a divine retribution from the Boss who is above us. So, sins can be committed by an individual, a company and a country.

In Italy, the people there is no more Romans but simple Italian that speak Italian. The Romans were wiped out/removed leaving the

The Spanish and the Portuguese, needless to say, they are became insignificant already in terms of political influences.

In our country, similarly, even certain badly performed politicians have said or expressed some points worth praising. Some points are relevant in resolving the issues which are devouring Malaysia.

Likewise, simply as a decent human being we don't need the Ten Commandments to instruct us so that we should honour our parents or not to kill another fellow human being.

Even away from God, those decent human beings surely can use their wisdom from the books/universities to manage the conflict for a better/peaceful world. After the world was created, God gave to the human beings and to take care/ control even the environment, animals, fish in seas, lands , bird in the sky and all the creatures move along the ground.

As for the Germans ( From Bismark, he masterminded the unification of Germany in 1871 and served as the first Chancellor of the German Empire until 1890), they already have established the relationship with China for as early as the USA have started. Great wisdom prevailed among those decent Germans that China is not their threat/enemy.

China is no lacking wisdom as well. Those ancient wisdoms that helping in sustaining this civilization can be vouched as China are focusing on rebuilding and strengthening the nation after suffered humiliation/defeats from the external powers in the past.

German Chancellor made a trip to China...good.

Right, China is importing/buying products from Russia and that can be translated as helping its neighbor's economy. Unlike those economy sanction measures which have been imposed by the West/USA that intended to crumble the capacity of Russia to defeat Ukraine.

In the Bible, we can learn that the LORD is the best phycologist.
He knew that the His people will or potentially choose to disobey His commandments.
In Deuteronomy 28:15, the LORD mentioned the followings:-

"But if you do not obey your God יהוה to observe faithfully all the commandments and laws which I enjoin upon you this day, all these curses shall come upon you and take effect: "

The LORD said "If you do not obey..." means the community will have a freedom of choice to disobey...even until the present time in our life.

You should know the LORD not just believe there is a God. Simply believe may means there could not that God is not in existence. We should know Him.

So, He gave the commandments on how to deal/take care of your wife/partner-in-life. Also, He gave commandments to women on how to conduct in the presence of her husbands or when not in the presence of the husbands.

The secular ones, went to debate extensively in the universities, without the knowledge that God is still running the show after creating the world. Using those human intelligence to solve those issues in the humans' behaviors/characteristics/intellects is not sufficient/just defective.

However, the Bible is very protective about the women who were created as the gentler gender as compared to men.
So, God is omniscient as well.

Check to Bursa website can know further. But revalued the land @23 May, located at Chemor.

Do a detailed revaluation of the asset/buildings...

The market value will soar like an eagle.

Sellers get paid.
You need a catalyst of such impact which would trigger a massive buying otherwise the buying force has not been there ever since.

A new major shareholder will do the works instead of the tricks.

Seeing that the inflation has not being tamed from the few interest hikes imposed lately, our central bank may continue to increase the interest rate again.

The value of the Ringgit is experiencing yet another slide this morning until almost RM4.75 for one US Dollar.

What is adding to the burdening task for the country to repay those huge national debts will be the depreciation rates of the local currency when comparing the major currency. Much more Ringgit is need to repay the same debts or the tenure to repay will be prolonged until years later.

BN weeded out those deemed not helping the country to be great again.

There are numerous narratives with the attempts to debunk the justification with regards to the real issues that confronting the nation which can bring Malaysia to be on its knees.

Put race/heritage, religion and political aspiration aside, why not debate on the most appropriate/experience/qualified person who should be identified to lead this country out of this difficult situation.

A situation that was never being experienced before when putting those issues together or separately. There are economy uncertainties bearing by the peoples during the political upheaval in the government.

True. At times, dreams remained as dreams. But we still have to vote in this coming GE and follow the development of the country and the world that is so large.

True. But, firstly one should be out there to subscribe to the theories that taught by the professors in the universities.

There are many wickedness in the world and those unbelievable ways to contravene the norms as used to be subscribed by the innocent ones. You are right, it is the dirt in the politics.

That's why the laws/rules of law are important. The country can only become a rich nation/strong when there is no corruption in the administration/governance and the society.

Our government is a rotten one...making Malaysia great again.

Leaving with limited choices/possibilities, the more qualified/talented stand the better chance to take malaysia out of the pit.

Our country has plenty of blessed natural resources but it has arrived at this degraded situation of late, surely required serious effort to rectify those ills which affecting/impacting the economy and business climate.

Out of the 3 or 4 leaders, I humbly vote for DSAI, owning to his pass records as a finance minister especially as well as the DPM. When he was the FM, our economy was doing very well both internationally and nationally until he was dropped by Tun M.

Let's make Malaysia greater again.