Tuesday, May 31, 2011

Check Out This Blog

I usually just put up links of blogs I like, without ever asking for permission or links exchange. I think if I like it, I like it, no need to barter trade. I also take off my links if they fail to update regularly (at least once a week, please). I get multiple requests for links exchange every week. I cannot accommodate all, or else I will have hundreds of blog links on my page, which is no good for anyone.I generally do not highlight blogs I link up. Though I think "goodstockbadstock" is a winner, and Rasa Malaysia is amazing in showing me how to cook well. ParanoidAndroid should be a writer/photographer extraordinaire. Diary of A Growing Boy...

What Is Your "Door 2" Value?

This posting was done 3 years ago, I think I have a bunch of new readers now. Good to rethink our "Door 2".A fellow blogger put up the following choice: open Door 1 and get RM1,000 or try Door 2 for RM5,000. The thing is Door 2 has only a 50% chance of RM5,000. Hence opening Door 2 can give one of two outcomes: zero or RM5,000. Which door would you take? Are you a risk taker or risk averse? Or do you make your decisions professionally and mathematically? If it’s the latter, chances are you are likely to choose Door 2 because 0.5 x RM5,000 = RM2,500 which is, of higher value than RM1,000.Let’s go further on this hypothesis. Now, let’s say Door...

Sunday, May 29, 2011

Learning From Genting's Excellent Strategy

First and foremost, I am not a big fan of Genting Group, in particular, I think its corporate governance and transparency should be a lot better. The top compensation packages for certain people are too outrageous for my cup of tea. Its akin to running it like a family owned unit rather than a publicly listed concern.img alt="That aside, when they do something well, we should applaud and try to learn from it. It was a far fetched idea when Genting was bidding for one of the IR slots. Surely they were in stiff competition where global operators with "more experience" in transplanting a lavish IR were around.The other thing that I counted against...

Saturday, May 28, 2011

Fancy A RM20 Bowl Of Noodles

Yes, its that expensive cause they ladle up tons of seafood and home made goodies. Its seafood noodles. The food is pretty good, the soup base itself is "sweet and refreshingly clear". The white ballish things are not your fishballs but delectable small fresh scallops. Go and pick your noodles, soup or dry version, and then your preferred accompaniments, or just campur-campur.You should also order a side bowl of fish stomach and fish liver. The latter has the taste and consistency of uni/foie gras (though you must stand the fishy taste), they are very good.Some rave about the chilli belacan sauce, its OK, could have done with better toasting...

Friday, May 27, 2011

Another Day In Paradise, Another MAS

When government makes their budget allocation, when they spend the revenues they receive from taxes, duties, our natural resources - they are basically directing how our funds are properly allocated and accounted for. Just because the other person did not touch you does not mean its not "rape". Just because it did not come directly from our wallets does not mean the money does not belong to the us (the public). Why were people angry when it comes to MAS bailout? Why do we need to bailout the water companies now? Where is the business logic? Is it similar to the US bailouts of banks and insurance firms? No, at least that was too major a situation...

Wednesday, May 25, 2011

Commentary On Selected Stocks

UEM Land - Rose to the top of volume charts but price was still in the negative territory. Obviously there was a push, looks to be a sustainable one but will have to take out a lot of stale bulls holding the stock when it went above RM3.00. Indications are that Singapore government agencies will be inking some mega land deals in Iskandar region. MAA - The boy who cried wolf. So many times that many are dismissing it. Following the torrid run up recently, the stock has held up extremely well, indicating a genuine deal is likely. Submission has been made to Bank Negara for approval. Apparently should be forthcoming very soon. Pricing may not be...

Tuesday, May 24, 2011

Why I Am Still In Malaysia

The Malaysian Insider is running a series of articles submitted by various Malaysians on the brain drain issue and emigration. I guess its only fair for me to put in my dua sen.Did I have the opportunity to leave? That would be the first line of questioning. Yes, in fact most of my relatives are already residing in Sydney. I was working part time as a taxi driver in Sydney during my second and third year at University of NSW, which is to say I barely made it to classes especially in my third year. Thankfully, third year was the easiest, lots of essays.I had to stay on after my degree after hearing my friends were getting RM400 a month as an...

Monday, May 23, 2011

Check Out Hakka Republic!

See you there!!!Artist in May & June ...

Sunday, May 22, 2011

A Few Good Men

Koon Yew Yin is now more known for his philanthropy and awesome stock picking skills. We should not forget that the great man was also the co-founder of not just one but 3 of the top listed construction firms (IJM, Gamuda, Mudajaya) in the country. I mean one is already a fantastic achievement, but 3 is .... I am running out of superlatives.And so... at IJM's annual dinner, in light of Krishnan Tan's exit from his CEO post, Koon made the following speech:My purpose of reproducing my speech here is to record the CEO of IJM, Dato Krishnan Tan’s excellent performance which will be a useful lesson to many an executive who is aspiring to be a good...

Friday, May 20, 2011

Zeti Or Mulyani, Please!

I hope either Zeti or Mulyani gets the position. About time an Asian gets there.Zeti one of Bloomberg columnist’s top picks to head IMF By Lee Wei Lian May 20, 2011 KUALA LUMPUR, May 20 — Bloomberg columnist William Pesek has picked Bank Negara governor Tan Sri Dr Zeti Akhtar Aziz as one of his four nominees to head the prestigious International Monetary Fund (IMF). The position became vacant following the resignation of Dominique Strauss-Kahn who was arrested in New York, and is presently facing sexual assault charges. In his column yesterday, Pesek proposed that an Asian take over the role of the...

Tuesday, May 17, 2011

Commentary On Selected Stocks

Hap Seng - The euphoria died a slow and painful death. Unfortunately normal investors only got wind of the poor placement when its all a bit late. After hitting a high of RM7.36, the promoters were all geared up to place out 124.5m shares, hopefully at RM6.10-6.20. To do that they probably had to make sure the mother share stayed above RM6.50. But there were apparently almost zilch takers above RM6.00 for the new shares.Again, painfully, normal investors do not get wind of this information till its too late. The company could abandon the exercise or still push through, but the new shares will have to be priced a lot lower than RM6.00. Finally...

Monday, May 16, 2011

Charity vs Philanthropy

Giving and receiving. Some will question the underlying motives of any giver. I would say, regardless of the motive, give first, ask questions later. A person's motivations should be best left for him/her to deal with - be it themselves or their God. For us to second guess is petty. There is a saying that there is no real charity or philanthropy, and in many ways, there isn't. Why the idealism? Real charity stems from not expecting anything in return - e.g. fame, recognition, justification for self morality purposes, redemption, karma, being able to live with oneself, etc. Or because its the right thing to do, why is it right in our capitalistic...

Sunday, May 15, 2011

Things You Might Not Know About The Man From Pusing

From KL Lifestyle:Mixing business with social responsibility has always been the hallmark of wellknown philanthropist, educationist and Sunway Group founder and chairman, Tan Sri Jeffrey Cheah, AO. This trait is based on his firm belief that the key to a meaningful life and true personal satisfaction is when an individual gives back to society what he has reaped. And in the process, leave behind a lasting contribution that will make a huge difference. So, when this soft-spoken, self-made and remarkable tycoon launched his latest and most serious philanthropic endeavour several months ago, he set a precedent that may be a hard act to match...

Things You Might Not Know About A.K.

Heroes of Philanthropy Brian Mertens, 03.05.10, 02:20 PM EST Forbes Asia Magazine dated March 15, 2010 Malaysian Ananda Krishnan develops his country's talent behind the scenes. ''Krishnan is contributing to the nation, building a pool of talented, skilled Malaysians.'' In Ananda Krishnan's climb to success, one of the first rungs on the ladder was a philanthropic gift--a scholarship to earn his undergraduate degree at Melbourne University. Born into Malaysia's...

Saturday, May 14, 2011

19

The only reasonable retort some silly club has been throwing back at Manchester United has been 19. Well, Spinelesspool, you have to think of a better retort now. You do not know how it feels when Manchester United was winning almost everything for the past 20 years .. and all the Bilepool supporters can think of to reply was 19.You were changing managers like you a polygamist changing wives. You tried everything, at one stage a few years back judging by the type of player you took on, I thought you were going to change your club's name to Liverpool-Herzagovinia.We long for some real competition from our old enemies. C'mon Rectalpool, do improve...

Best 2-in-1 Coffee Packages

This is a long weekend, tons of cars going back to kampungs. Promised to buy the best 2-in-1 Kopi mix bag sachets from Ipoh for my partner and a good friend. You know, people from Ipoh probably never drink Old Town packages, even though its the most popular. It is very popular, here's why, a few of my friends working in Beijing and Shanghai, have to lug tens of packages of these 3-in-1 Old Town packages owing to incessant demand by the China friends.That said, I was discussing the good 3-in-1 and good 2-in-one packages. I think genuine coffee drinkers would stay away from the 3-in-1 as the milk part is questionable. So, more often than not the...

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