simon84, no need as I said my last yesterday, forget these devils & idiots who wants everything cheap but putting fear into other...don't worry there's KARMA as GOD will take care of them sooner than you think. Simon don't wast time on these useless idiots ad a few of them will be receiving my lawyer's letter soon I hope.
Bingo already reason out. all counter go up will come down and come down will go up soon. Let it come down so that we can buy it cheap. who cares? If you do not have bullets please be prepared to die in the share market battle.
All it matters now is the GE13. Please make it quick.
anyway, have you guys read the 'black rose' .. ? something shocking
brother andychucky28, and no need to waste my time on these idiots anymore as I am now comfortable with Amedia as I bought cheap during the bonus period at 27 to 30 cents for buy 1 FREE 2....FREE 2 being 1 fee Amedia & 1 free warrant..so still gain for me lah.
yes, brother andychucky28, before election market will drop because of election uncertainties & after the election more uncertainties depending on which party wins the election.
Cuts in duties for cars from Japan, Australia imminent
KUALA LUMPUR, Feb 27 — Putrajaya will announce a cut in car duties from Japan and Australia tomorrow, which would mean zero duties after three years similar to cars from Asean nations.
The Star Online quoted Minister for International Trade and Industry, Datuk Seri Mustapa Mohamed, as saying today that the reduction would span three years for car models originating from the two countries.
He declined to elaborate further and told the news portal that more details would be released tomorrow.
Malaysia exports Proton cars to Australia now, but does not import many vehicles from the Commonwealth country.
The Malaysian Insider understands that under the Malaysia-Australia Free Trade Agreement (FTA) which came into effect on January 1, Putrajaya has committed to cut duties from 15 per cent in 2013 to 10 per cent in 2014 and 5 per cent in 2015 with zero duties in 2016.
The Edge, meanwhile, reported that the move is seen as a response to Pakatan Rakyat’s promise to make cars cheaper through the reduction of various car taxes as stated in their election manifesto.
Malaysia is also a signatory to the Asean Free Trade Area (AFTA) agreement, which will liberalise the automotive industry by the end of 2015 through the removal of taxes on vehicles with at least 40 per cent Asean regional value content.
......but still high...why?
Read please...
Lets not get too excited at this attempted theft if a PR policy.
Lets see what is announced tomorrow.
The problem is not just import duties.
The corrupt Approved Permits issued to UMNO cronies is also a major cost as are the excise duties at between 75%-105% of the cost if the vehicle and the 10% sales tax.
A high end BMW 5 Series sells in Europe for RM190,000 before tax, a less well specified BMW 5 Series sells in KL for RM 598,800. The Rakyat pays over RM400,000 on a new BMW to UMNO Cronies and in Tax.
Remove all APs and open the market up to free enterprise. An entrepreneur could import the cars, still pay the same levels of tax to the government and be able to sell BMWs for about RM100,000 less than today. Obviously it would be nice to see taxes reduced too, but lets open this market up first and remove this cancerous non-productive tax (UMNO rent) on society that only benefits umno cronies.
The Calculation
BMW 5 Series configured with high specifications retails at RM190,000 in Europe before tax, obviously the cost price to the dealer is less.....
Shipping RM3000 Insurance during shipping RM1000
Customs Value (RM190,000+RM3000+RM1000 = RM194,000)
Import Duty RM194,000 x 30% = RM58,200
Excise Duty RM194,000 x105% = RM203,700
Sales Tax @10% x (RM194,000+RM58,200+RM203,700 = RM455,900) = RM45,590
Total RM501,490
AP Costs (given to cronies for free) and added to the end consumer as rent = RM97,310
BMW sold in Malaysia for a Grand Total RM598,800
16% of the cost of a new car is UMNO rent money
Lets reduce car costs from allcountriesof the world but keep the tax money rolling into the treasury simply by voting UMNO out of power.
Thank You Pakatan Rakyat! BN is now copying your manifesto and we can expect lower car prices to be announce tomorrow!
This lousy does noting at all & so high car taxes where a BRAND NEW Toyota Camry 2.4 cost RM70k in U.S. now cost RM160k in Malaysia....DAMN THIS UMNO!!!!
Can you imagine this Najib's calculation......read on please..
Our Prime Minister actually believes that RM500 BR1M is enough to buy food for 1 year?!
“We have calculated that on average, a family can buy groceries such as 10kg of rice, 5kg of cooking oil and other essentials per month with RM41.60. That means they have enough to buy food for 12 months with the RM500 BR1M." Najib said.
Based on Najib’s calculations, each family would have a household daily... food budget of RM1.40. We have a Prime Minister that has completely lost touch with the rest of us in Malaysia.
Harga minyak yg tinggi menjadikan harga utk smua barang2 keperluan turut meningkat. Perniagaan juga terjejas kerana kos operasi meningkat & kmampuan pelanggan utk bblanja menjadi rendah. Perniagaan tutup = hilang peluang pkerjaan. Smua ni domino effect bermula dgn harga minyak yg dinaikkan sewenang2nya. Ekonomi Malaysia tjejas kerana pentadbiran UMNO/BN yg x mmpedulikan kesejahteraan rakyat.
Tukar kerajaan!! PRU-13 ni PR mng, esoknya harga minyak diturunkan seluruh negara
Dr M unhappy with Putrajaya’s plans for cheaper cars. This means that all of you people buying expensive cars all these while since proton and AP established. 30 years already, still want to protect.
andychucky28 , hope Pakatan Raykat can win and form the government and then you can look forward to buying a Toyota Camry 2.4 or Honda Accord 2.4 at around RM70k and I might take a brand new Mercedes Benz S300L at RM150k plus cheaper petrol and NO TOLL....yahooooooooooooooooooooo
This book is the result of the author's many years of experience and observation throughout his 26 years in the stockbroking industry. It was written for general public to learn to invest based on facts and not on fantasies or hearsay....
bingo
2,677 posts
Posted by bingo > 2013-02-27 15:19 | Report Abuse
Rambito , how about this DANGER!!
Big snub for Chua Soi Lek and MCA as BN will field Ong Tee Keat despite CSL wanting to replace Ong Tee keat with his own men.
http://www.malaysia-chronicle.com/index.php?option=com_k2&view=item&id=61751%3Abig-snub-for-soi-lek-bn-to-field-tee-keat-as-direct-candidate%3F&Itemid=2
http://img221.imageshack.us/img221/1670/dangerz.png