ASEAN banking integration framework, big news for banking shares. who's d winner? who will gain most?
who will 1st qualify as QAB and get to operate in whole ASEAN under the new agreed accord?
The bank with QAB status will get the same access as the local banks to increase the number of branches licenses, marketing of financial products, and JV (read M&A).
From msia, maybank 1st for a QAB?

haha.. dei macha
as an investor, only concern max.... my ROI.
I do not give a f..k which country, as long as making $$$ grow more than inflation.
given a bull market to a stagnant market to a bear market, no prize for guessing which to choose.

Im not gonna tell u where is the bull market, which country's index just broke all time record this year. if u cannot find it, then ur stupid.

at the end of day, it's $$$ that counts. no sentimental to any shares, any country.

ciao..

yo al bukhary, u kena tipu la. purity at 0.916 only?
Next time go to Hong Kong and buy. Want to know what's the difference/ savings?
Do ur homework, there's plenty on internet.

to share my experience, I diversified. The world is getting smaller. It is easier to travel to another country compared to years ago. It is easier to manage your funds through the internet than years ago. It is easier to invest in another country than years ago.

The world is my oyster. Msia too small. Besides, since 1998, I have noticed the ringgit is weak, KLSE also weak.

So I diversified into other countries.
Now, you can open FD in another country.
You can purchase shares in another country.

Example:
in 2011, CNY to RM was about CNY2.2 to RM1.
now it's CNY1.7 to RM1.
If you opened FD in China's bank in 2011, say CNY50000 and earn the interest say 4%pa. Then in 2015, you bring all back and exchange to RM, you gain extra due to exchange rate.

example:
in 2011, capital needed to open FD for CNY50k = about rm22727
end of 1st yr = 50k x 1.04
end of 2nd yr = ....
....... 3rd yr = ...
.... 4th yr = about CNY58490.
bring back to Msia in 2015 = about RM34405.

Now, you think you open public bank FD in 2011 with the same RM22727 and interest 4%pa can get return of investment (ROI) of RM 11678 in 4yrs? Do the maths urself, do not be lazy!

The world is your oyster. jangan jadi katak di bawah tempurung
jangan jadi jaguh kampong saja. syok sendiri only.

Same goes if u open Sing dollar, Aussie dollar, etc...
Key here is the currency must be a stronger one than ringgit.

Same thing goes if you purchase a dividend share in these stronger countries rather than KLSE.

You want me to show example? Don't rely on tongkat la. Belajar, belajar, belajar....

The world is your oyster!

to share my experience, I diversified. The world is getting smaller. It is easier to travel to another country compared to years ago. It is easier to manage your funds through the internet than years ago. It is easier to invest in another country than years ago.

The world is my oyster. Msia too small. Besides, since 1998, I have noticed the ringgit is weak, KLSE also weak.

I diversified into other countries.
Now, you can open FD in another country.
You can purchase shares in another country.

Example:
in 2011, CNY to RM was about CNY2.2 to RM1.
now it's CNY1.7 to RM1.
If you opened FD in China's bank in 2011, say CNY50000 and earn the interest say 4%pa. Then in 2015, you bring all back and exchange to RM, you gain extra due to exchange rate.

example:
in 2011, capital needed to open FD for CNY50k = about rm22727
end of 1st yr = 50k x 1.04
end of 2nd yr = ....
....... 3rd yr = ...
.... 4th yr = about CNY58490.
bring back to Msia in 2015 = about RM34405.

Now, you think you open public bank FD in 2011 with the same RM22727 and interest 4%pa can get return of investment (ROI) of RM 11678 in 4yrs? Do the maths urself, do not be lazy!

The world is your oyster. jangan jadi katak di bawah tempurung
jangan jadi jaguh kampong saja. syok sendiri only.

Same goes if u open Sing dollar, Aussie dollar, etc...
Key here is the currency must be a stronger one than ringgit.
Key here is ur account must be from that country, not thru Msian banks or securities company.

Same thing goes if you purchase a dividend share in these stronger countries rather than KLSE.

You want me to show example on dividend shares from another country? Don't rely on tongkat la. Gi belajar, belajar, belajar sendiri....

The world is your oyster!

if oil dips below usd60/ barrel, there's plenty to cheer.
if dip below usd50, i cheer more. the rakyat will cheers too. hehe..
reasons, for one, plenty of cheap bargains to look at. in bursa msia i mean.

leno, china stock market is in bull, not bear.
past month was "crazy bull". official government statements used this word (see cctv news from internet).

last 6 weeks, shanghai index from 2500 to 3000. yesterday was technical correction. it was expected. today shanghai index rebounded.

Expecting a slow and steady bull. foreign analyst forecast shanghai index to reach 4000 to 5000 by 2015/16.

I've been sitting on some china listed shares since 2012. during then, shanghai index was around 2300. These are A-shares, not H or B shares.
To date, my returns are good, even after yesterday's correction.
How I can own A-shares directly, thats another story.

You cannot associate what bursa msia is experiencing with a major market like china. china can effect and influence msia, because it's huge and it can. but not msia.

bottomline: china is not crashing yet. not until after 2015....

Next stage of growth = fpso business?

Bcorp is raising plenty of cash.
Selling land to tagar prop.
Selling tmc life.
Selling part of bjfood shares.
Selling ritz charlton.
What is it for?
Funding for their up and coming projects.
What projects? Casinos related..?

one more thing, jeju island is visa free for many countries, including japan and china.
foreigners can buy properties in jeju island.

these are incentives for....

calvin tan, rumour of casino license is more likely for jeju island than jb.

end of this year, skorea gov will announce who get the license, once the current one expires.

but if bjcorp do get the license for jb as well, extra bonus.

perhaps it is not casino license in jb. few months back, it was shot down by msian fed gov.

my analysis is a casino license in jeju island, which is to be award by 2015.
currently there's only 1 casino license entrance for local only, issued by skorea fed gov.
currently, there's 8 licenses (entrance for foreign only) in jeju island.

Berjaya jeju resort is partly owned by skorea gov. (19%++??) can't remember.
The current only casino license (for local entrance) expires in 2014.
Berjaya jeju resort high possibility might get the license, once current one expires.

Skorea gov. will announce who get the license end of this year.

genting msia and lippo group (indon) are also entering the casino scene in jeju island.
Japan gov is also considering awarding casino licenses.

all this is to attract high stakes punters from china northern and east coast region, instead of flying all the way to macau.

macau's casino industry is 8x the size of las vegas.

so wait for the announcement.

andychuck, read my statement again.
I mentioned "one in a stronger position against a weaker position". That was my point. Not country to country or a race against another.
Go visit myanmar and look at the rohingyas.
Go visit xinjiang china and look at the uighurs.
and so on.

If the examples I gave make you confuse. Then, I'm sorry.
If you intentionally want to twist and manipulate my meaning, then I'm not sorry at all.

If Iraq crisis worsen and leads to higher oil prices worldwide, airlines will be significantly affected.

I observed there's a trend globally, not just confines to msia.
Humanity seems to be moving towards a lesser 'civilization', eventhough we are getting more knowledgeable. Humans are just getting greedier, lazier and selfish.

The ones in stronger position, always bully the weaker ones.
_______________________________________________________________

Here in msia, some malays (not all malays) just want more and more competitive advantages (tongkat) at the expense of others.
While some malays really do need it, but so do the poor non malays.
Just go visit sabah and sarawak. These are christian bumiputeras.
Some of them don't even have proper water and electrical supplies.

And who is the major contributor of these?
Since independence, msia is only ruled by 1 alliance - BN.
With umno as the hegemony of BN.
The road paths of msia for the past 50+ years are planned and controlled by those in power. From the first (5 year) malaysia plan till current (rancangan malaysia ke 11), NEP, NEM, BTN, etc.

There is no other main contributor to the success and failure of msia today. It is the ruling government that is the main contributor, whether positively or negatively.
______________________________________________________________

Outside of msia, in our region.
see what myanmar has done to rohingyas.
See what china has done to paracel and spratly islands, vietnam and phillipines.
See what china has done to beting serupai, msia (Came and lay flag, then sing national anthem twice).
See what russia has done to ukraine.
See what us and alliance has done to iraq and ahfganistan.
etc.

the fast disappearing spirit of muhibbah is alive in intelligent investor and kcchongnz.
many thanks.

Above 2 are major factors to Silk share movements lately.
Once this extra 30million on the market, price will consolidate due to enlarged capital and dilution of eps.
Nothing to worry.
Some big fish (institutional investor) willing to pay 0.725/ share, speaks volume of Silk growth prospect.
When I said months ago, drop more just buy. It was a no brainer.

It is still the same. Drop more, buy.

Private placement of 30mil new shares.
On behalf of the Board of Directors of SHB, AFFIN Investment Bank Berhad wishes to announce that the issue price of the new ordinary shares of RM0.25 each in SHB has been fixed at 72.5 sen per Placement Share. The issue price of 72.5 sen per Placement Share represents a discount of approximately 9.4% to the 5-day volume weighted average market price of SHB Shares up to and including 19 May 2014 of 80.06 sen each.

This announcement is dated 20 May 2014.

Silk: Awarded MYR22m contract. Silk Holdings Bhd's subsidiary Jasa Merin (Malaysia) Sdn Bhd has won a contract by Carigali Hess Operating Company Sdn Bhd for the provision of one unit of straight supply vessel for MYR22.92m. The contract, which commenced on May 12, 2014, is for a primary term of two years with three extension options of one year each at the discretion of Carigali Hess. (Source: Bursa Malaysia

Mainland property markets.
Lots of Hangzhou and Changzhou property price drop significantly.
In Chengdu, a property drop from RMB19000 psm to RMB13000 psm.
In Beijing & Shanghai, some prices drop marginally or minimal to no growth.
These are all major cities, where these development get reported in the mainstream newsline.
How about smaller cities? It seldom gets reported.

The central gov. has increased interest for property loan.
You need to pay 30% deposit for your 1st property.
You need to pay 60% deposit for a 2nd property and so on.
Mass purchase of properties, you'll get noticed by the gov.

The central gov. won't allow chaos to happen. Stability is key to remaining in power for CCP.
Central gov. and local gov. have different agendas.
Central gov. is doing all it can to balance stability and bubbles in their econ.

For now, market thinks they have contained it well.
But, it is getting more difficult to contain it.
How close are they to the risk of bubbles popping?
The next few months will be interesting to watch.

And this is just one of the bubble.

there's another positive most are forgeting here.
ERL extension to KLIA2.
Whether will contribute significantly or otherwise to bottomline of YTLPo, remains to be seen.
How many will travel to KLIA2 by ERL?
Keys are competitive pricing of the ticket and marketing efforts.

Yes, during that time i bought nasi goreng or bihun with 5 or 10 sen.

Izoklse,
Can it be said that god punish and took the lives of more than 290,000 muslims with tsunami and earthquakes because they murdered innocent chinese during racial riots in indon?
And if the indon muslims ever repeat the evil acts again, god will punish them with more earthquakes and tsunamis?

Can it be said that it is god will that muslim in malaysia will always need 'tongkat' (read goverment aid) in their lives because god want them to be weak and always reliant on these 'tongkat'?
And if god wants msia muslim to continue to remained weak and reliant on these 'tongkat'? You ok with the tag of "always a weak race"?

Can it be said that even thoughv the arab muslims own the most petroleum reserves, but god wanted the americans to control the arab muslim?
Will you be irritated? Will you belief that these are god will?

Only a sick and mind will belief so. It's the same as your mind where you believe god took YB Karpal Singh, because he opposed hudud.

Yes, it was god will that YB Karpal return to meet his creator, but whether its due to opposing hudud or something else only god knows.

No human being can claim to know the reason for god's act, except prophets. And according to Quran, the last prophet was Muhammad SAW.

So please tell me, did god tell you that god took YB Karpal because he opposed hudud or zul nordin told you that?

ryei, who told u it will delist at 7.80 sharp, unless ur god or the oracle of omaha. There's 28 remaining days till offer expire. The incoming days will be interesting.
7.80/share is proposed. read proposed.
So, if the remaining 3+.++% shareholder don't want to dispose, JTIH have to go for go or mgo, depends on how much they accumulate in open mart and comply with bursa rules.

I didn't see volume where EPF and KWAP has disposed significantly or otherwise.
together, both have about 14.++% shares.

For me, I shall wait for EGM, then only decide to cash out or not.
who knows maybe epf and kwap nego for a higher offer.

for a small fish like me in the big ocean, better to follow big fish that don't want to eat me.
hehe..

Hehe.. You are really funny jenny fam.
how many Special branch officers allocated to spy on pakatan MPs and leaders?
how many security forces are allocated to monitor the remnants of communist? Some are dead, yet they still monitor their ashes from returning? May i know how can the ashes of the dead posed a thread to national security?

We now know there were at least 4 officers stationed at each radar station, many immigration officers and policemen with so many cctvs, scanners and security systems at klia, and yet mh370 flew pass these radar stations and there was 2 iranians on board mh370 with other person passport.
Whats the point of having so many security officers, when caught sleeping on the job?
Whats the point of providing so many training and equipments, but dont utilize it?

So much wastage....

So, how much does MH370 saga going to cost Msia? USD200 million (RM660 million), USD500 million (RM1.65 billion)?

239 lives lost.

1 Boeing 700-222 cost - 11.8 years deppreciation = ??

USD175000 x passengers only =
Other insurances claim to Etiqa, etc.

Other legal and litigation cost filed from other countries.

Tourism industry losses.
From hotel accommodations to tourism package cancellations, etc..
Flight and hotel cancellations to loss of retail spending, etc..

New radars (at least 3) for RMAF as previous radars rendered useless. Foreign militaries and intelligence now know the capabilities and limitations of our northern based radar.

SAR cost x 19 days (and counting) =

What else?

Who's gonna foot all these bills?
You/ me, the taxpayer (rakyat)?
Or BN?

2 to 3 working days off equals to 11.5% drop in export?
That's average 3.83% drop per day, if u take 3 working days off.

Is it so straight forward reason?

What's the point of having all these military assets, but not utilizing it?
Or utilizing it effectively?

With several breaching of beting serupai.
With several breaching of sarawak eez.
With several breaching of sabah eez.
Invasion of sabah by sulu.
Then MH370 fly over 3 radar stations.
All since 2013, yet just watch all this pass by.

Then, come out a statement acknowledging our southern neighbour breach peninsular air space more than 2500 times!

From the sulu and MH370 indicents, we now know RMAF has limited or no night flying capability at all.
Bombing of the sulu hideouts only took place when sun rise.

From MH370 incident, we now know the officers are not well trained to analyze the radar signals for the radar that we purchase.

From MH370 incident, it took about 5 days to understand the radar signals and that with the assistance of foreign military.

From these incidents, we now know how the BN government managed malaysian security and national interest.

From these events, even a normal rakyat like me can understand these weaknesses in malaysian security. How about the foreign military and intelligence community?

From these incidents, even a normal rakyat like me don't feel confident about the way malaysia is administered. How about the foreign investors?

What's the point of having all these military assets anyway?

Will it fell further?
Has the anger and irritation felt by Iran subsided due to the anti-Shia campaign last year?
With the MH370 crisis, will China and India reduce the imports from Malaysia and purchase from Indonesia instead?
Time will tell.

Yup, reducing my exposure to bursa. Looking for better bargains in other markets.

I hope the airline not using counterfeit parts bought from airplane's black market.
While cheap, counterfeit parts has higher risk of premature failure.
I hope the airline don't allow FAA inspection is not due to using counterfeit parts in their planes.
I hope it's not due to corruption.
I hope no more flip flop in managing this crisis.
I hope mh370 is found soon and everyone is safe.

March 2013, foreign military breach at beting serupai.
Then attack by sulu in Sabah.
Then economic loss with Iran trade due to anti Shia campaign. Palm oil and rubber export to Iran drop. Petronas projects were also affected/ delayed. Luckily, Iraq did not join.
Then another foreign military breach at beting serupai in Jan 2014.
Then March 2014, mh370.
Now the world knows how competent Malaysia is.
How well Malaysia managed its assets.
How well the BN administer the country.
How well Malaysia can defend itself when faced with a dispute from another country.
Will BN learn any lesson?
Will other countries learn something and gain key intelligence about how strong/ weak Malaysia is at defending its interest/ assets?
What will happen to our vast oil and gas fields in South China Sea?
What will happen to sarawak and Sabah eez zone?
Will the other disputing country out smart/ out do BN administration and take control of these assets?
How will all these affect Bursa Malaysia/klse?
How will all these impact Petronas?
How will all these impact our oil and gas industry?
How much will Malaysia lose?
So what does all these got to do with Klse?
Just mh370 alone, already affect negatively a few related counters.
I am really disturbed by all these development. Oh Tanahair ku...

Hehe.. Talking bout drainage system, I don't know much. Also never been to Burma.
But I know that qingdao, China has has a drainage system that last more than 100 years.
It was built by the German colony during the Qing dynasty. Go visit, it's open for public.
Till today, the drainage system remained as original to its design and serve the population of qingdao well.
Qingdao has more than 4.9million people and it never experienced a flood before. Marvelous engineering feat by the Germans!

Saturn, I think we started off well. That's my opinion la. In the 60s and 70s, Malaysia was developing well compared against the peers then such as Korea, Taiwan, Singapore etc..
You have to be fair and give credit when it's due to leaders such as tun dr. Ismail, tun lim Chong eu, etc..
These leaders slog for the nation.
That was the original umno and national alliance. We should be proud of these kinds of leaders.
Now, it is umno baru and BN. Totally different governing and administrating performance.
If Malaysia continue like this, we will no longer be the 3rd largest economy in ASEAN.
Philippines is catching up fast. I think, by 2020 Malaysia and Philippines economies will be parity.
Vietnam also has the potential economic horsepower too, but will take longer.
This might lower Malaysia voice/ standing/ influence in future and thus alter the nation policy.

Too many cases of incompetences and blunders by BN administration lately.
There's the anti Shia campaign by umno last year, that lead to problems for Petronas projects in Iran as well as lower trade figures with Iran, especially commodities such as rubber and palm oil. Luckily, Iraq did not react to it.
Then our territory (beting serupai) was breached twice within a year. An aircraft carrier, destroyers, frigates, etc conducted military drills and oath swearing there, yet RMN chief and defense minister first claimed it did not happen. Only after some foreign intelligence show them evidences, then only the Army chief acknowledge it happen. Beting serupai is only 80km from bintulu. Is it so difficult to monitor an aircraft carrier or destroyers when they come so near to our shores to conduct drills? How many times larger is an aircraft carrier over a Boeing 777?
Now this mh370 incident.
My point is, is this how BN administration managed our national security?
Is this how BN priorities national interest?
No government can afford to fool around with national security and interest!
Imagine how much fund can be available from pkfz, perwaja, proton, Psc-nd etc..
The funds could be channel to better usage, such as purchasing a deep search and rescue vessel for RMN just like what Singapore have. Or purchasing better assets like radars for our RMN and Mmea. Or a P-3c Orion for Rmaf.
I hope Malaysia improve.

Drop more, I buy. For me, it's a no brainer. Hehe..
Some call me nuts, last year when I talk about silk as a growth stock.
Hehe..

fuel consumption of an aircraft depends on a variety of factors, eg.
wind direction, atm. temperature (winter or summer season), engine type/ spec., aircraft speed, aircraft load/ weight, aircraft capacity (fuel tank, seat).
It is tricky to just see fuel consumption.

It's better to look at the key ratios eg. RASK, ASK, RPK, etc.

cockcroach
is fuel consumption = fuel efficiency? teach me if i'm wrong.

In airlines, no. 1 cost is labor. No. 2 cost is fuel.
In terms of cost, AAX should be lower than Airasia. AAX should have better cost efficiency as it is long haul.
AAX will have better fuel efficiency as it has lesser frequency of take offs and landings than Airasia.
Should have less aircraft idle time. Higher staff utilization/ efficiency.
But before that, AAX first need to achieve economies of scale and a minimum load factor.
Once AAX achieved that, it's key ratios such as RASK, RPK, ASk should be better than Airasia.
Tony need to be careful in over estimating growth of industry and ordering too much aircraft.
If too optimistic, this will affect load factor, yield, etc. This will lead to lower key ratios.

Zan, unfortunately proton is in an industry where economies of scale matters. To produce a model, there's a fixed cost. This fixed costs keeps in increasing yearly, inflation, salary increment, bonus, raw materials, etc.
Unfortunately, proton sales in volume remain so so after so many years. If you average last 10years, what is the growth rate? Negative?
If proton cars only sell this much volume, so are it's vendors. The vendors also face cost increase pressure, but their sales growth can cope with this cost increase?
How are proton and it's vendors going to offset these cost increase? One of the way is to pass it to consumers.
Another way, mintak fund dari rakyat la. Tak de duit nak develop model baru, technologi baru.
Sooner or later, they going to ask more funds. Unless DRB can increase the sales volume of proton.
Now the sales volume is less than 200k.
A comparison study, chery and proton. Kalau nak cakap quality, proton of course better. Proton was born earlier than chery,
Proton born in 1985, cherry born in 1997. See Wikipedia.
tapi tengok sales volume chery. In 2009, over 400k. 200k is export outside china. Cherry don't rely on gov help to further grow it's business. Cherry don't wait for rakyat china or government fund to help grow it's business. It is cherry management that is doing something to grow it's business.
Proton tried selling in Iran and Egypt, tapi tengokla sales volume dia? Berapa? Berapa lama dah Cuba Jual Kat sana?
Tengok cherry, just Egypt sales alone dah exceed proton berapa kali? Ini Kita cakap Jual kat negara Islam. Where proton should have a competitive advantage. We know our leaders are very close to their leaders, especially the wifes.
So, I am saying if things at proton don't improve, the whole nation will keep on bleeding money for them. And with it, the whole vendor systems that rely on them.
Pay a visit to Thailand, look at their vendors. Compare the vendors company size in Thailand and Msia?
How much employment opportunity they offer and what is ours?
Then, wait another 3 to 4 years, then go visit the vendors in Indonesia. Then compare with Malaysia? Kita Akan semakin ketinggalan.

When proton can be independent, doing business without "tongkat" from rakyat, then rakyat might not be so bising. After DRB bought them, they still take taxpayers money todo business. Automotive development fund is taxpayers money.
Rakyat has been fair to proton, more than 25years. If cumulate overall money proton get from gov, how many billions is it? Did rakyat bising before year 2000?
I think the noise from rakyat is louder now, because they really want to see proton achieve something, not keep on relying on rakyat's fund.
Proton also have to be fair to rakyat. How long want to use rakyat's money? At least give rakyat a commitment/ dateline. Another 25years? 50 years? I just hope soon, so that rakyat will not bising anymore.

Can email me too? Calvinwky@hotmail.com
Thanks

Hi, can take a look at silk holdings?
This is a company recently came out from pn17. While currently, nothing to shout about. I feel it is worth investing. But would like other sifus for 2nd opinion.
This is what I know.
Silk has 2main buss.
Toll highway = cash cow, steady revenue. Heard the traffic at their highway is increasing. They are widening the highway by building additional lanes.
Tug boat service to O&G, got Petronas license. All boat capacity are fully booked, so they have placed additional orders for new boats.
Currently, the debt is high, but their loan term is unique. Compulsory payment from their revenue. Auto deduction from account. So, once the debt go down, the cash flow and financial health should improve quickly. No dividend, as they need to pare down debt.
Any comment is welcome.

Kkchong sifu, I've been learning a lot through your postings. Is it possible to email me too. >> calvinwky@hotmail.com
Thanks a lot.