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11 comment(s). Last comment by calvintaneng 2017-01-14 09:38
Posted by sell > 2016-12-26 17:09 | Report Abuse
Fewer bus accidents if fares and salaries were higher: SPAD
http://www.thestar.com.my/news/nation/2016/12/26/fewer-bus-accidents-if-fares-and-salaries-were-higher-spad/
Posted by cubic7117 > 2016-12-26 19:44 | Report Abuse
Singapore ranked at 170 no big deal how to compare, think about ratio
1:10000. Thong Nam big and small lorry vehicle are more than Singapore vehicle
If Malaysia private cars need for inspection every year i think the waiting list
take 12 month for your turn
Posted by calvintaneng > 2016-12-26 19:45 | Report Abuse
The similarity & differences between Singapore VICOM & Malaysia's PUSPAKOM is this
1) All new cars & vehicles in Singapore & Malaysia before registration must be sent for inspection before roadtax is issued.
2) The difference from then on will be this
All Malaysian Commercial vehicles will be subjected to yearly inspection but private cars are exempted if roadtax expires less than 12 months.
Only when roadtax expires more than 1 year will Malaysian private cars be subjected to Puspakom Inspection.
However, in Singapore, irrespective of everything EVERY PRIVATE MUST GO FOR YEARLY INSPECTION BEFORE ROADTAX IS ALLOWED FOR RENEWAL. But on Malaysian roads cars have been around for 5, 10 or 15 years without a second inspection since new.
And for this reason many cars have faulty brakes, tyres, wheels & others which might make it unfit on the highways. Every one of these speeding (uninspected vehicles) cars/vehicles on our highways are literal running bombs. That's why there is a need for Govt to implement YEARLY INSPECTION FOR ALL CARS/VEHICLES FOR UTMOST SAFETY.
Posted by mike90 > 2016-12-26 19:51 | Report Abuse
Puspakom can trust mer, got money can settle ma.
Posted by calvintaneng > 2016-12-26 22:18 | Report Abuse
mike90,
Question is not Puspakom can trust or not.
The point is this.
The vehicle population in Malaysia stands at 21.25 million units according to Motor Trader.
And that's lots of monies Puspakom will be making. Just imagine how much Puspakom will make if inspection is done yearly like in Singapore.
In Singapore Vicom share price is over S$5.00
Posted by lousy_result > 2016-12-26 22:33 | Report Abuse
DRB is making loss every qtr and every year because of Proton. Is Vicom making money?
Posted by calvintaneng > 2016-12-26 23:05 | Report Abuse
Drb next quarter result will show at least 13 cts profit from Pos share price gain.
Posted by John Lu > 2016-12-27 00:35 | Report Abuse
Calvin dont tqlk so much...dare to participate in 2017 stock pick? Not dare? Shao pey lai ham ka chan
Posted by skyz > 2017-01-14 09:12 | Report Abuse
theoretically yes, the business is there for Puspakom, but due to corrupted practices in GLCs, do u think they can really generate profit?
Posted by calvintaneng > 2017-01-14 09:38 | Report Abuse
Posted by skyz > Jan 14, 2017 09:12 AM | Report Abuse
theoretically yes, the business is there for Puspakom, but due to corrupted practices in GLCs, do u think they can really generate profit?
Calvin thinks highly possible.
Calvin also bought MyEG, another GLC linked stock. Bought at Rm2.00. My EG or My Emas Gold doubled in price to Rm4.00 and split (Up a nice 100%)
So with 21.25 MILLION VEHICLES in Malaysia (According to MOTOR TRADER) where buying & selling for change of ownership MUST BE INSPECTED by Puspakom - Puspakom is sitting like a CASH COW.
And when MyEG raised foreign maid fees to over Rm100 my Johor Buddies who employed foreign maids were howling and protesting to no avail I took the opportunity to buy MyEG!
So if Puspakom just raise inspection fees by just ten ringgit?
The multiplying equation would be
21,250,000 x 10 = Rm221.25 MILLION (just think!)
DRB has a very potent ATM!
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Posted by sell > 2016-12-26 16:53 | Report Abuse
If Puspakom trustable there will be less accidents in M'sia. Puspakom at time also unreliable. Why S'pore accident rate low? Use less car. Travel by MRT safer.