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2 comment(s). Last comment by bzeew 2019-10-01 14:19
Posted by bzeew > 2019-10-01 14:19 | Report Abuse
There is one spoiler in the government.
No result.
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THE INVESTMENT APPROACH OF CALVIN TAN
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Stock Market Enthusiast
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CS Tan
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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....
calvintaneng
56,871 posts
Posted by calvintaneng > 2019-10-01 13:53 | Report Abuse
Everyday more than 350,000 Malaysian/Johorean use the heavily congested causeway to go to Singapore for work and come home in the evening
From S$2k to $S5k or averaging S$3.5k per person
Sing dollar is Rm3.00 now
So S$3.50 x 3 = RM10,500 per person
Multiply that by 350,000 = Rm3,675.000,000
MULTIPLY AGAIN BY 12 TO MAKE ONE YEAR = RM44.1 BILLIONS
THAT IS A LOT OF MONIES COMING INTO MALAYSIA COFFERS
SO RM4 BILLIONS IS ONLY 10% OF TOTAL REVENUE FROM SINGAPORE
IF DIVIDED BY 10 YEARS IT IS ONLY 1% PER YEAR COST OF INCOMING REMITTANCE
THEN THERE ARE THOSE MALAYSIANS OF HIGHER INCOME FORCED TO STAY IN SINGAPORE DUE TO THE HASSLE OF TRAVELING TO JB
THESE ARE HIGH SALARIED MALAYSIAN PROFESSIONALS EARNING FROM S$10K TO S$30K A MONTH
OR HUGE SALARY OF RM30,000 TO RM90,000
Unfortunately they can't come back to JB as they will waste up to 3 or 4 hours commuting between JB and Spore each day
AND THESE COULD EASILY BUY UP ALL HIGH END HOUSES IF THEY HAVE CONVENIENT ACCESS TO JB
PH GOVT MUST REALLY WAKE UP!!
https://www.google.com/search?q=300000+johorean+walk+to+singapore&tbm=isch&source=hp&sa=X&ved=2ahUKEwij2-qBr_rkAhVIiHAKHUK1BVkQsAR6BAgEEAE&biw=1920&bih=937