http://www.malaysia-today.net/mtcolumns/newscommentaries/60153-selangor-mb-dismisses-azmin-replacement-as-hearsay

(Bernama) - Tan Sri Abdul Khalid Ibrahim dismissed as hearsay talks of being replaced as Selangor Menteri Besar (MB) by Parti Keadilan Rakyat (PKR) deputy president Mohamed Azmin Ali.

Describing such rumours as part and parcel of politics, he said: ” It’s alright. I’m not bothered by such rumours. I’m very real because I come from the corporate sector and the bottom line is to deliver.”

He spoke to reporters after launching the “Our Environment Our Health” programme here today.

A Bahasa Melayu daily today reported that there were rumours of Mohamed Azmin replacing Abdul Khalid because several quarters in PKR were said to be dissatisfied with the MB’s administration.

Abdul Khalid also accepted the recent criticism from opposition leader Datuk Seri Anwar Ibrahim who claimed that the MB had failed to utilise the state’s resources well.

Commenting on the criticism, he said as a leader he had to be careful and disciplined in using the state’s resources to ensure its administration was run smoothly.
“Whatever it is, I feel that people should criticise and we should allow them to do so, as we can learn and improve from it,” he said.

messi where got time for capital redution ? already PN 17 and need to submit regulation plan. if not delisted.

If u have money, Buy PETRONAS Chemical Group (PCHEM) Share starting from now and hold it until April 2014. Price in 6 month is expected around RM 8.50 - RM 10.00 .

PART 2

The fallacy of the importance of Yap Ah Loy

Tunku Kudin

Yap Ah Loy’s brother, Yap Tet Fong, was sent to Singapore to employ Chinese mercenaries and procure arms, ammunition and provisions. Chung Piang and Hiu Fatt, two of Yap Ah Loy’s most able ‘generals’, were appointed local recruiting agents. By the end of September they had recruited well over 1,000 fighting men.

On 12th September 1870, Chong Chong and his army arrived at the 4th mile Ampang Road and set up camp there while Syed Mashhor’s men remained in Ulu Kelang. Soon, more locals joined the invading army and the numbers increased to over 2,500 men. Yap Ah Loy, however, had less than 2,000 men, which included the Malays led by Raja Asal and Sutan Puasa, who joined him later.

As soon as Yap Ah Loy learned that Chong Chong had set up camp near Ampang, he sent a force of 600 men under Hiu Fatt and Tung Khoon to Ulu Kelang with the intention of cutting off Chong Chong's line of retreat. The next day, Hiu Fatt’s men started attacking Syed Mashhor’s army. Fighting began at about 10.00am and lasted until late afternoon.

Syed Mashhor’s men were routed and suffered heavy losses.

Syed Mashhor escaped to Chong Chong’s camp after which they embarked on an immediate counter-attack before Yap Ah Loy’s men could consolidate their position. That night, a combined force of about 2,000 men headed for Ulu Kelang.

In the meantime, Hiu Fatt and Tung Khoon had returned to their camp in Ulu Kelang. During the night, they were awoken by sounds of gunfire and shouting and discovered, much to their surprise, that Syed Mashhor’s force was attacking them. Meanwhile, Chong Chong’s army emerged from the rear and trapped Hiu Fatt’s force.

Fortunately, Yap Ah Loy had decided that evening to reinforce his troops at Ulu Kelang and had sent Chung Piang with a force of 400 men to Hiu Fatt's camp. They arrived in the heat of the battle and, after a fierce battle, Chong Chong was forced to retreat. Yap Ah Loy lost 40 men with another 100 wounded while Chong Chong's force suffered very heavy losses.

Yap Ah Loy realised that his army was not big enough to withstand Chong Chong’s and Syed Mashhor’s onslaught so he asked Raja Asal, who was at Damansara, for help. Raja Asal joined the three Chinese leaders at Ulu Kelang and it was agreed that they should move their combined forces down the valley to take up positions opposite Chong Chong’s stockade. Chong Chong proposed to Syed Mashhor that they should harass Yap Ah Loy’s army before they could settle down into their new positions.

Daily skirmishes went on for about a month without much success for either side.

Yap Ah Loy then sent another 600 men to reinforce Chung Piang’s troops that consisted of 400 Malay fighters under Sutan Puasa and 200 Chinese fighters under Ten Sam. Another fierce battle started at 10.00am and, by late afternoon, Chong Chong’s force was routed with the loss of more than 500 men. By nightfall, Chong Chong and Syed Mashhor realised they were beaten. They escaped to Batu Caves through Setapak.

From Batu Caves, Syed Mashhor escaped to Ulu Selangor while Chong Chong fled to Kuala Langat. By then, however, nearly half the army had been wiped out in one of the fiercest battles Kuala Lumpur had ever seen. But this was just the beginning of what would be many more battles to come before Kuala Lumpur would see peace. In one such battle, Yap Ah Loy was defeated and barely escaped with his life and had to seek the protection of the Sultan’s army.

140 years ago saw the first Malay-Chinese business partnership in Kuala Lumpur that resulted in Kuala Lumpur developing into a thriving metropolitan and eventually emerge as the nation’s capital. 140 years ago also saw the political struggles and jostling for power between groups of Chinese. Invariably, the Selangor Royal Family got dragged into these conflicts and in many instances the involvement of the Malay army would determine the outcome of these conflicts.

Sultan Abdul Samad

It must be noted that all this happened during the reign of Sultan Abdul Samad, the Fourth Sultan of Selangor, who ruled Selangor from 1857 to 1898. Sultan Abdul Samad was regarded as a weak Sultan who not only had no control over the State but was also not interested in administering the state and would leave it to his son-in-law, Tunku Kudin, to maintain the peace.

Sultan Abdul Samad was known for his passion in gambling and opium and Tunku Kudin, the brother of the Sultan of Kedah, who was exiled for trying to topple his brother the Sultan, wielded much power in Selangor. In fact, Sultan Abdul Samad married off his daughter, Raja Arfah, to Tunku Kudin to make him a Selangor ‘citizen’ because there was much jealousy from the rest of the Selangor Royal Family to this ‘outsider’ having so much power in Selangor. For all intents and purposes, the marriage was a political marriage to legitimise Tunku Kudin’s position in Selangor.

PART 1

The fallacy of the importance of Yap Ah Loy

140 years ago saw the first Malay-Chinese business partnership in Kuala Lumpur that resulted in Kuala Lumpur developing into a thriving metropolitan and eventually emerge as the nation’s capital. 140 years ago also saw the political struggles and jostling for power between groups of Chinese. Invariably, the Selangor Royal Family got dragged into these conflicts and in many instances the involvement of the Malay army would determine the outcome of these conflicts.

NO HOLDS BARRED

Raja Petra Kamarudin


I have noticed many Chinese readers posting comments that, if not because of the Chinese, Kuala Lumpur and Selangor would not have developed and, today, would still be a jungle.

I think that is a most emotional and grossly inaccurate statement, which is not at all based on historical fact. You need to study the history of Selangor of about 150 years ago to get a clear picture of what really happened with regards to the issue of the Chinese in Kuala Lumpur/Selangor.

I wrote the piece below in October 2002 -- part seven of a series of eight articles -- regarding the history of Selangor from the date of the First Sultan, Raja Lumu, in the 1700s till today. Hence that is 300 years of Selangor history -- of which the Chinese played a role in only half that period.

Selangor, in the mid-1800s, was already developing and was poised to become the economic centre of the Malay Archipelago (which was why Kuala Lumpur ended up as the Federal Capital of the country -- because it was the economic centre as well).

And that was why the Chinese came to Selangor -- because Selangor was a thriving economy and the Chinese wanted to make money in what was emerging as an economic centre. If not do you think the Chinese would have bothered to come to Selangor if there was no money to be made?

This part (part 7) is regarding Yap Ah Loy.

By the way, His Highness the Sultan of Selangor sent my essay on the history of Selangor to Professor Emeritus Tan Sri Khoo Kay Kim for vetting and the Professor returned it to His Highness without a single correction.

In other words, I got 100% marks and His Highness had 2,000 copies printed as the official story of the Selangor Royal Family and distributed it to all the members of the Selangor Royal Family in a function in the Palace.

********************************************

Yap Ah Loy

The first attack on Kuala Lumpur (September-October 1870): The Battle of Ampang

The history books tell us that Yap Ah Loy, a.k.a. Kapitan China, was the founder of Kuala Lumpur. I am not saying this is not entirely true. However, this is oversimplifying the issue slightly as it is not quite like he just went there and opened up Kuala Lumpur all on his own.

He had the help, not to mention the permission (and protection), of the Selangor Royal Family.

Kuala Lumpur, which was then uninhabited jungle, was rich in tin and Raja Abdullah, a member of the Selangor Royal Family (who owned the tin concession), entered into a business partnership with Yap Ah Loy, whose function was to supply the Chinese labourers to work the mines -- labourers whom he ‘imported’ from China.

Raja Abdullah and Yap Ah Loy sailed up the Kelang River from the mouth of the river and landed on the Kelang-Gombak River confluence and camped there for the night. Today, on this famous spot, stands the Jamek Mosque.

From there, Raja Abdullah and Yap Ah Loy trekked through the thick jungle to Ampang, which at that time took a couple of days, and this was where the first tin mines were opened up. With these tin mines came diseases and wars, which nearly wiped out the entire mining community. In some instances entire communities were killed off and they had to be replaced with reinforcements from China.

Soon after that, Chong Chong, Yap Ah Loy’s rival, entered into an alliance with Syed Mashhor and they set up an army to attack Kuala Lumpur. News of this alliance reached Yap Ah Loy’s ears in June 1870 and he immediately contacted the Viceroy of Selangor in Kelang, Tunku Kudin, who was also the Sultan of Selangor’s son-in-law.

PART 2

The fallacy of the importance of Yap Ah Loy

Tunku Kudin

Yap Ah Loy’s brother, Yap Tet Fong, was sent to Singapore to employ Chinese mercenaries and procure arms, ammunition and provisions. Chung Piang and Hiu Fatt, two of Yap Ah Loy’s most able ‘generals’, were appointed local recruiting agents. By the end of September they had recruited well over 1,000 fighting men.

On 12th September 1870, Chong Chong and his army arrived at the 4th mile Ampang Road and set up camp there while Syed Mashhor’s men remained in Ulu Kelang. Soon, more locals joined the invading army and the numbers increased to over 2,500 men. Yap Ah Loy, however, had less than 2,000 men, which included the Malays led by Raja Asal and Sutan Puasa, who joined him later.

As soon as Yap Ah Loy learned that Chong Chong had set up camp near Ampang, he sent a force of 600 men under Hiu Fatt and Tung Khoon to Ulu Kelang with the intention of cutting off Chong Chong's line of retreat. The next day, Hiu Fatt’s men started attacking Syed Mashhor’s army. Fighting began at about 10.00am and lasted until late afternoon.

Syed Mashhor’s men were routed and suffered heavy losses.

Syed Mashhor escaped to Chong Chong’s camp after which they embarked on an immediate counter-attack before Yap Ah Loy’s men could consolidate their position. That night, a combined force of about 2,000 men headed for Ulu Kelang.

In the meantime, Hiu Fatt and Tung Khoon had returned to their camp in Ulu Kelang. During the night, they were awoken by sounds of gunfire and shouting and discovered, much to their surprise, that Syed Mashhor’s force was attacking them. Meanwhile, Chong Chong’s army emerged from the rear and trapped Hiu Fatt’s force.

Fortunately, Yap Ah Loy had decided that evening to reinforce his troops at Ulu Kelang and had sent Chung Piang with a force of 400 men to Hiu Fatt's camp. They arrived in the heat of the battle and, after a fierce battle, Chong Chong was forced to retreat. Yap Ah Loy lost 40 men with another 100 wounded while Chong Chong's force suffered very heavy losses.

Yap Ah Loy realised that his army was not big enough to withstand Chong Chong’s and Syed Mashhor’s onslaught so he asked Raja Asal, who was at Damansara, for help. Raja Asal joined the three Chinese leaders at Ulu Kelang and it was agreed that they should move their combined forces down the valley to take up positions opposite Chong Chong’s stockade. Chong Chong proposed to Syed Mashhor that they should harass Yap Ah Loy’s army before they could settle down into their new positions.

Daily skirmishes went on for about a month without much success for either side.

Yap Ah Loy then sent another 600 men to reinforce Chung Piang’s troops that consisted of 400 Malay fighters under Sutan Puasa and 200 Chinese fighters under Ten Sam. Another fierce battle started at 10.00am and, by late afternoon, Chong Chong’s force was routed with the loss of more than 500 men. By nightfall, Chong Chong and Syed Mashhor realised they were beaten. They escaped to Batu Caves through Setapak.

From Batu Caves, Syed Mashhor escaped to Ulu Selangor while Chong Chong fled to Kuala Langat. By then, however, nearly half the army had been wiped out in one of the fiercest battles Kuala Lumpur had ever seen. But this was just the beginning of what would be many more battles to come before Kuala Lumpur would see peace. In one such battle, Yap Ah Loy was defeated and barely escaped with his life and had to seek the protection of the Sultan’s army.

140 years ago saw the first Malay-Chinese business partnership in Kuala Lumpur that resulted in Kuala Lumpur developing into a thriving metropolitan and eventually emerge as the nation’s capital. 140 years ago also saw the political struggles and jostling for power between groups of Chinese. Invariably, the Selangor Royal Family got dragged into these conflicts and in many instances the involvement of the Malay army would determine the outcome of these conflicts.

Sultan Abdul Samad

It must be noted that all this happened during the reign of Sultan Abdul Samad, the Fourth Sultan of Selangor, who ruled Selangor from 1857 to 1898. Sultan Abdul Samad was regarded as a weak Sultan who not only had no control over the State but was also not interested in administering the state and would leave it to his son-in-law, Tunku Kudin, to maintain the peace.

Sultan Abdul Samad was known for his passion in gambling and opium and Tunku Kudin, the brother of the Sultan of Kedah, who was exiled for trying to topple his brother the Sultan, wielded much power in Selangor. In fact, Sultan Abdul Samad married off his daughter, Raja Arfah, to Tunku Kudin to make him a Selangor ‘citizen’ because there was much jealousy from the rest of the Selangor Royal Family to this ‘outsider’ having so much power in Selangor. For all intents and purposes, the marriage was a political marriage to legitimise Tunku Kudin’s position in Selangor.

PART 1

The fallacy of the importance of Yap Ah Loy

140 years ago saw the first Malay-Chinese business partnership in Kuala Lumpur that resulted in Kuala Lumpur developing into a thriving metropolitan and eventually emerge as the nation’s capital. 140 years ago also saw the political struggles and jostling for power between groups of Chinese. Invariably, the Selangor Royal Family got dragged into these conflicts and in many instances the involvement of the Malay army would determine the outcome of these conflicts.

NO HOLDS BARRED

Raja Petra Kamarudin


I have noticed many Chinese readers posting comments that, if not because of the Chinese, Kuala Lumpur and Selangor would not have developed and, today, would still be a jungle.

I think that is a most emotional and grossly inaccurate statement, which is not at all based on historical fact. You need to study the history of Selangor of about 150 years ago to get a clear picture of what really happened with regards to the issue of the Chinese in Kuala Lumpur/Selangor.

I wrote the piece below in October 2002 -- part seven of a series of eight articles -- regarding the history of Selangor from the date of the First Sultan, Raja Lumu, in the 1700s till today. Hence that is 300 years of Selangor history -- of which the Chinese played a role in only half that period.

Selangor, in the mid-1800s, was already developing and was poised to become the economic centre of the Malay Archipelago (which was why Kuala Lumpur ended up as the Federal Capital of the country -- because it was the economic centre as well).

And that was why the Chinese came to Selangor -- because Selangor was a thriving economy and the Chinese wanted to make money in what was emerging as an economic centre. If not do you think the Chinese would have bothered to come to Selangor if there was no money to be made?

This part (part 7) is regarding Yap Ah Loy.

By the way, His Highness the Sultan of Selangor sent my essay on the history of Selangor to Professor Emeritus Tan Sri Khoo Kay Kim for vetting and the Professor returned it to His Highness without a single correction.

In other words, I got 100% marks and His Highness had 2,000 copies printed as the official story of the Selangor Royal Family and distributed it to all the members of the Selangor Royal Family in a function in the Palace.

********************************************

Yap Ah Loy

The first attack on Kuala Lumpur (September-October 1870): The Battle of Ampang

The history books tell us that Yap Ah Loy, a.k.a. Kapitan China, was the founder of Kuala Lumpur. I am not saying this is not entirely true. However, this is oversimplifying the issue slightly as it is not quite like he just went there and opened up Kuala Lumpur all on his own.

He had the help, not to mention the permission (and protection), of the Selangor Royal Family.

Kuala Lumpur, which was then uninhabited jungle, was rich in tin and Raja Abdullah, a member of the Selangor Royal Family (who owned the tin concession), entered into a business partnership with Yap Ah Loy, whose function was to supply the Chinese labourers to work the mines -- labourers whom he ‘imported’ from China.

Raja Abdullah and Yap Ah Loy sailed up the Kelang River from the mouth of the river and landed on the Kelang-Gombak River confluence and camped there for the night. Today, on this famous spot, stands the Jamek Mosque.

From there, Raja Abdullah and Yap Ah Loy trekked through the thick jungle to Ampang, which at that time took a couple of days, and this was where the first tin mines were opened up. With these tin mines came diseases and wars, which nearly wiped out the entire mining community. In some instances entire communities were killed off and they had to be replaced with reinforcements from China.

Soon after that, Chong Chong, Yap Ah Loy’s rival, entered into an alliance with Syed Mashhor and they set up an army to attack Kuala Lumpur. News of this alliance reached Yap Ah Loy’s ears in June 1870 and he immediately contacted the Viceroy of Selangor in Kelang, Tunku Kudin, who was also the Sultan of Selangor’s son-in-law.

the one posted this article is Tan KW. He always posted a lot of article. what i can see with this person is that he will post article and let people comment it. But cant see he replying anything to all those comment people made here. Is it purposely put it here by Red Bean Army im not sure. But it look like it. people will get fight each other and hatred evolve to one another or purposely to discredit the govt. This is also the characteristic of Red Bean Army. and the person might have more then one id. may be he or she also commented here but using different id who knows.

alenac. Communist Chinese from china do nothing to out Sultan. Why should Malaysia scared china spread ideology here. Those that Malaysian govt againt is Communist in Malaysia or one time they called it Tanah Melayu. This Communist against all Sultan at Tanah Melayu at that time and this is why our govt reluctant to accept anything related to communist in Tanah Melayu / Malaysia. Because now those sultan already in rotation and selected as Agong the highest and top hierarchy in Malaysian Modern history. Even this sultan & Agong are remember what communist has done to them. Even Sultan of Selangor one of the state hold by Opposition already said that Jangan Bawa Abu atau Jenazah Penganas Komunis Ini menjejaki bumi selangor. That what sultan said in front of Army & Police in Army Open Day. And Agong is Ketua turus angkatan tentera dan polis. If you again this means you are again yang dipertuan agong. and army and police will act accordingly. That why the think never reach Malaysia. Even PR leader at Selangor all tutup mulut after listen to what Sultan of selangor said.

I love PM Najib. Thank You PM. Now i abandoned PAS.

i 100% agree with jenabchen123

That why i said anbz. They think they are the one always correct and wright about everything. If other people have different view from their view then the person consider racist. When govt try to help Malay they perceive this as racist. When somebody support govt move towards malay or anything to do with Malay then it is consider racist. When people agree with them and follow their rule then that person is consider non racist.

Post removed.Why?

Economic Report 2013/2014: Federal Govt revenue to increase to RM224.09bil in 2014

Total Federal Government revenue is expected to grow 6% to RM220.42bil in 2013 or account for 22.3% of GDP as it expects to collect more taxes from companies and individuals.

For 2014, total revenue is expected to rise 1.7% to RM224.094bil and account for 21.2% of GDP.

Despite the projected increase in revenue, the Government vows to adhere to its self-imposed guiding principles to ensure healthy public finances, including an operating surplus, reduction in fiscal deficit and a balanced budget by 2020.

The target is to reduce the fiscal deficit to around 3% by 2013 and ensure the Federal Government debt does not exceed 55% of the gross domestic product (GDP), according to report.

“Spending will be prudent and for productive purposes,” the report said, pointing out the Government had resumed subsidy rationalisation of sugar and fuel.

On-going measures to improve government finances will continue to meet near-term fiscal goals.

“However, to ensure sound public finances over the longer term, structural reforms and a more strategic management of fiscal resources are imperative,” it said.

The Government expects the budget deficit to be further reduced from 4.5% of GDP in 2012 to 4.0% in 2013, while policies that boost economic growth will continue. For 2014, it expects the deficit to be reduced further to 3.5%.

GOVERNMENT REVENUE IN 2013 AND 2014

Federal Government revenue is expected to grow 6% to RM220.42bil in 2013 or account for 22.3% of GDP. This figure is expected to rise 1.7% to RM224.094bil in 2014.

The revenue comprises of tax revenue and non-tax revenue. Tax revenue comprises of direct tax, including from companies, petroleum income tax and individual tax. Indirect tax comprises excise duties and sales tax. Non-tax revenue includes licences and permits and investment income.

TAX REVENUE

Tax revenue provides a large chunk of the Government revenue, accounting for 74.2% in 2013 and 76.7% in 2014.

Tax revenue is expected to rise 7.8% from RM151.643bil in 2012 to RM163.506bil in 2013 and increase 5.2% to RM171.970bil in 2014.

DIRECT TAX

Direct tax is a component of tax revenue and it is expected to rise 8.6% from RM116.937bil in 2012 to RM127.020bil in 2013 and increase by 4.8% to RM133.148bil.

The largest chunk of direct tax comes from companies, which reported a 17.8% increase from RM51.288bil in 2012 to RM60.431bil in 2013 and rising 8.8% to RM65.729bil in 2014.

The Government also expects to collect more taxes from individuals, rising 15.0% from RM22.97bil in 2012 to RM26.43bil in 2013 and increasing 8.8% to RM28.746bil in 2014.

The total number of registered taxpayers was 7.6 million at end-July 2013 from 7.3 million in 2012. Of this 92.6% of 7.1 million wee individual taxpayers while 7.2% or 549,359 were companies.

It should be noted the Government projects petroleum income tax to decline further from RM33.93bil in 2012 to RM30.51bil in 2013 and to RM28.27bil in 2014.

The reduction in the petroleum income tax is due to lower export prices despite higher production and the appreciation of the US dollar.

The report said although the external environment continues to be mired in uncertainties, receipts from stamp duties are expected to rise 11.1% to RM6.2bil in 2013 from RM5.6bil in 2012, underpinned by strong business confidence in the economy.

Revenue from real property gains tax (RPGT) is expected to be RM653mil in 2013 from RM608mil in 2012 due to the higher value of transactions, despite the upward revision in RPGT rates from Jan 1, 2013 to curb speculative activities,

The report noted that receipts from other direct taxes, including withholding tax (RM2.3bil) is expected to remain firm.

INDIRECT TAX

The Government expects higher collection from indirect taxes, rising 5.1% from RM34.706bil in 2012 to RM36.486bil in 2013 and increasing 6.4% to RM38.822bil in 2014. Indirect taxes are expected to account for 16.6% to total revenue.

Of the indirect taxes, excise duties are expected to increase 4.4% from RM12.187bil in 2012 to RM12.728bil in 2013 and to RM13.442bil in 2014.

Sales tax is expected to increase by 7.4% in RM8.49bil in 2012 to RM10.199bil in 2013 and by 7.7% to RM10.98bil in 2014.

Receipts from stamp duties are expected to be robust, rising 11.1% to RM6.2bil in 2013 from RM5.6bil in 2012.

NON-TAX REVENUE

Non-tax revenue is expected to remain stable at RM56.916bil in 2013, up 1.1% from RM56.270bil in 2012 and declining 8.4% in 2014 to RM52.124bil.

The non-tax revenue comprises of licences and permits and investment income. Licences and permits are expected to see a decline to RM13.468bil in 2013, or down 0.8% from 2012’s RM13.570bil and slip 2.4% to RM13.149bil in 2014.

Investment income is expected to decline 4.6% to RM35.062bil in 2013 from the RM36.736bil in 2012 and fall 8.5% to RM32.065bil in 2014.

Post removed.Why?

akito is racist and im not sure he is Bingo or not. But if Bingo he must be one of the Red Bean Army. The characteristic is almost the same.

MSM Confirm big drop next week. govt decide to reduce subsidies given to sugar and reduce 34 cent which is one of the biggest reduction in sugar subsidies.But in contra the price of sugar is more expensive now and might increase sale profit or reduce profit of MSM.But i think it will increase profit as sugar is on of the main ingredient in malaysian food. for long run MSM gonna get benefit.

high rise luxuries condo and apartment will kena kaw kaw. Govt decided that foreigner only can but property 1 million above. This is will cause property developer now pening kepala because we all know those who buying property above 500k before this is a lot of them come from foreigner from singapore,hongkong,china,korea,taiwan and now the limit increase from 500k to 1 million will cause foreigner to think twice before buying any property in malaysia and those property developer who developed already those house can not sell their property now. sale will be impacted.

property will kena kaw kaw. Next week bye bye to Property counter and also company related to SUGAR.

tak nak ANCOMLB. sorry . :-)

it has to break 0.08 first. If done then the next TP 0.10.

Wave 3: Wave three is usually the largest and most powerful wave in a trend (although some research suggests that in commodity markets, wave five is the largest). The news is now positive and fundamental analysts start to raise earnings estimates. Prices rise quickly, corrections are short-lived and shallow. Anyone looking to "get in on a pullback" will likely miss the boat. As wave three starts, the news is probably still bearish, and most market players remain negative; but by wave three's midpoint, "the crowd" will often join the new bullish trend. Wave three often extends wave one by a ratio of 1.618:1.

Wave 5: Wave five is the final leg in the direction of the dominant trend. The news is almost universally positive and everyone is bullish. Unfortunately, this is when many average investors finally buy in, right before the top. Volume is often lower in wave five than in wave three, and many momentum indicators start to show divergences (prices reach a new high but the indicators do not reach a new peak). At the end of a major bull market, bears may very well be ridiculed (recall how forecasts for a top in the stock market during 2000 were received).

Wave 4: Wave four is typically clearly corrective. Prices may meander sideways for an extended period, and wave four typically retraces less than 38.2% of wave three (see Fibonacci relationships below). Volume is well below than that of wave three. This is a good place to buy a pull back if you understand the potential ahead for wave 5. Still, fourth waves are often frustrating because of their lack of progress in the larger trend.

Wave 3: Wave three is usually the largest and most powerful wave in a trend (although some research suggests that in commodity markets, wave five is the largest). The news is now positive and fundamental analysts start to raise earnings estimates. Prices rise quickly, corrections are short-lived and shallow. Anyone looking to "get in on a pullback" will likely miss the boat. As wave three starts, the news is probably still bearish, and most market players remain negative; but by wave three's midpoint, "the crowd" will often join the new bullish trend. Wave three often extends wave one by a ratio of 1.618:1.

Wave 2: Wave two corrects wave one, but can never extend beyond the starting point of wave one. Typically, the news is still bad. As prices retest the prior low, bearish sentiment quickly builds, and "the crowd" haughtily reminds all that the bear market is still deeply ensconced. Still, some positive signs appear for those who are looking: volume should be lower during wave two than during wave one, prices usually do not retrace more than 61.8% (see Fibonacci section below) of the wave one gains, and prices should fall in a three wave pattern.

Elliott Wave personality and characteristics

Wave 1: Wave one is rarely obvious at its inception. When the first wave of a new bull market begins, the fundamental news is almost universally negative. The previous trend is considered still strongly in force. Fundamental analysts continue to revise their earnings estimates lower; the economy probably does not look strong. Sentiment surveys are decidedly bearish, put options are in vogue, and implied volatility in the options market is high. Volume might increase a bit as prices rise, but not by enough to alert many technical analysts.

IT will be on uptrend until end of this year and start to jump up January - April 2014.

aiyo mcm mau bankrupt jer PATIMAS . Haiya. Do know la got white horse or not.

i think the best think is govt should provide guide book or some sort of information booklet to all rakyat so that we all can understand well about the implementation of GST. Because for sure there is a good and bad things about GST. If all bad things then non of the country around the world would dare to implement it. There must be some good on it and some bad on it and i think rakyat should be inform on this so that rakyat is not easily being mislead by any group/organization.

Then ruslimz, 160 country around the world who implementing GST in their country are also lie to their Rakyat ? . Below is the list of 160 country around the world which implementing GST.

http://idrisjala.my/wp-content/uploads/2013/10/Implementation-of-GST-around-the-world.pdf

based on the latest PM Najib blog reply and hint there will be more subsidy restructuring,housing for low & middle income group,property speculation and tax reform. Possible counter will be hit badly is tobacco company,liquor and gaming, property counter and counter related to sugar.heheheh.

so yang ni nampak mcm ok. so mcm boleh makan sikit.

i think i will jump in also.

ok decided to not look at PM counter anymore. Move to other counter. Bye Bye PM.

heheheh mcm sudah mati punya counter. no need to q la.hehheh

Wow they collecting non-stop. sell and then collect. Sell and then collect.

hahhahha pulak. calvin kena Racist pulak. Aku ingat aku jer yang kena sebelum ni.hahahhaha.join the club. :-)

hahahah they eat last minute usually. last 10 minute. :-) . So no people kacau-kacau. And the next day show it as there is a selling non stop.And last 10 minute they collect. This way of buying & selling this way already being practice so many time for PM related counter. :-). hahahhaha.

hahahah Ayam Tua..anbz tu dah tak tahan tu sebab tu terpaksa cakap mcm tu.kesian la dia.hehehhehh. ok ok agree kasi makan coklet banyak2.

heheheh heavy selling ? sejak bila pulak ? ala tak heavy pun ni. come come sell to me.

Why anbz in this PMCORP forum while he is not buying it or he only condemn it. Why wasting time here. Aiyo. Please promote PW at PW forum not in PM forum.You are not Fan of PM but yet you still in this PM forum.

oit ayam bukan i yang bagi tahu tukar nama. i just follow what calvin write dekat forum.hehehhe. Hheheheh new name with new price...ok jugak tu.

CASH PAY OUT ANNOUNCEMENT price shoot up to 0.50 consider Ok already.

Waa PMCORP change name to NFI (NETWORK FOOD INDUSTRIES)

bye bye rooney2u. hhheheheh pmcorp sleep already. calvin not interested to pump in money anymore.hehehehhe.

think today high chance can go up. chart also look good.weak holder banyak run already. only tinggal a few with holding power.

林俊松 property & sin (Gaming, Alcohol & Tobacco)maybe will get hit.

This is for you akito to answer your news artical about "Umno can’t change, will soon be extinct, says former NST chief editor" . This time Raja Petra Answer it for u. :-)

http://www.malaysia-today.net/mtcolumns/60026-the-sins-of-the-fathers-visit-the-sons

The sins of the fathers visit the sons

Raja Petra Kamarudin

The pro-Umno Bloggers are on the attack. They are not happy with the just-concluded Umno party election. They were hoping that Mukhriz Mahathir instead of Hishammuddin Hussein would win one of the three Vice-Presidencies.

A. Kadir Jasin is also on the attack (read below). He has repeated what Tun Dr Mahathir Mohamad has to say about Najib Tun Razak -- which is not at all flattering. But then Kadir Jasin has always been Tun Dr Mahathir’s ‘mouthpiece’. So this is probably not at all surprising.

The issue here is that the son of Tun Hussein Onn won with just a nine-vote lead against the son of Tun Dr Mahathir Mohamad. And they blame the son of Tun Abdul Razak Hussein for this narrow defeat.

This sounds like a proxy war between two dead one-time Malaysian Prime Ministers versus one still alive one-time Prime Minister.

Tengku Abdul Rahman did not like Tun Dr Mahathir. In fact, that is putting it mildly. Tengku Rahman actually hated Tun Dr Mahathir and he once said that Umno would perish at the hands of Tun Dr Mahathir.

And that hatred is mutual. Tun Dr Mahathir played a prominent role in Tengku Rahman’s ouster that saw Tun Razak take over as Prime Minister in 1970. Tun Razak then appointed Tun Dr. Ismail Abdul Rahman as his Deputy and when Tun Dr Ismail died in 1973 Tun Hussein took over.

When Tun Razak died in 1976, Tun Hussein took over as Prime Minister and he reluctantly appointed Tun Dr Mahathir as his Deputy -- because of pressure from the party -- when he would rather have appointed Tun Muhammad Ghazali Shafie as the Deputy instead.

And once Tun Dr Mahathir became the Deputy he made his move to oust Tun Hussein and took over as Prime Minister in 1981.

Since the 1950s Umno has seen power struggles for the top two positions.

First Onn Ja'afar was ousted. Then Tengku Rahman was ousted. Then Tun Razak died before he could be ousted, as did Tun Dr Ismail. Then Tun Ghazali was ousted. Then Hussein Onn was ousted. Then Tengku Razaleigh Hamzah and Tun Musa Hitam were ousted. Then Tun Abdul Ghafar Baba was ousted. Then Anwar Ibrahim was ousted. Then Tun Dr Mahathir was ousted. Finally, Tun Abdullah Ahmad Badawi was ousted.

The only way you could avoid being ousted was to die in office like Tun Razak and Tun Dr Ismail.

So what was the just-concluded Umno party election all about? Was it about bringing change to Umno? Certainly not! It is about who is going to take over as Prime Minister once the son of Tun Razak is forced out of office. Is it going to be the son of Tun Hussein Onn or the son of Tun Dr Mahathir? And he who wins the Umno Vice-Presidency can then prepare himself to take on the Deputy Presidency and from thereon the Presidency of Umno, which also means the Prime Ministership of Malaysia.

So the son of Tun Dr Mahathir did not make the Vice-Presidency. The son of Tun Hussein did. Hence the son of Tun Hussein and not the son of Tun Dr Mahathir would have a better shot at the number two slot -- and thereafter the number one slot.

It is about the son of which ex-Prime Minister will take over once the son of another ex-Prime Minister is successfully ousted from power. This is what the just-concluded Umno party election was all about.

And that man who aspires to take over must be seen as more Malay and more Islamic than his opponents. And has Umno’s history not shown that liberals eventually get ousted in favour of hardliners?

Umno can’t change, say some liberals. Of course Umno can’t change. If Umno does change then the top leaders would get ousted. But will Umno soon become extinct if it does not change? I fear not. I fear that PAS may become extinct instead -- unless it changes course and becomes more Islamic than Umno.

The animal called Umno is about Malay and Muslim supremacy. And unless Najib sees this he would soon join the long list of top Umno leaders who eventually get kicked out.

What happened yesterday was that the Malays have sent the top party leadership a message that Umno is about Malay political power and that there must be no compromise on this matter. And the only way that PAS is going to remain relevant is to become more radical than Umno. That is what yesterday’s Umno party election means.

Welcome to the realm of Malay politics.

Hidup Umno! Hidup Melayu! Hidup Islam!

Finally Raja Petra Got it all correct. Hhahahah. That is why i said Malay will get more and more and more if UMNO stay in this courses and they know very well that to win they need to win the heart of Majority. Now i rest my case. :-). Thanks Raja Petra.