A Positive Economic Write Up On Malaysia?!

The headline would surely cause many to keep reading. Did the economist at UBS joined BN? What gives? The article basically tries to dispel that Malaysia is in a "middle income trap". Much of the data are a given.I have two quibbles: one is that the last 12 years have shored up our competitiveness by virtue of our ringgit peg which caused a massive undervaluation in the ringgit. Nobody seems to remember how that affected our livelihood. We did the hard way to climb back up via the peg, not entirely reliant on improving actual productivity.The second quibble is that data can mask a lot of stuff. We are not turned off with the gains made by Malaysia,...

Read More

The Vote

The US is seeming going through a do or die vote in the Senate. Do we need to care? I guess we do esp if there was no resolution passed by August 2. Latest Update: In a last-minute stab at compromise, Republican congressional leaders and the White House made significant progress Saturday night toward a deal to avert a government default threatened for early next week, according to officials familiar with the talks. Under the plan, the nation's debt limit would rise in two steps by a total of about $2.4 trillion and spending would be cut by a slightly larger amount, these officials said. The first stage _ about $1 trillion _ would take...

Read More

Flamengo 5 - Santos 4, What A Match!

Is this a genuine posting or just an excuse to feature Zhou Weitong again? Who cares? The match was brilliant. You can see the new blue yeyed boy of football Neymar doing his stuff scoring two goals for Santos. But you can spot the devious trick by Neymar when he comes in from the flank into the box - he will suddenly jibe into the box to trigger a foul to earn penalties. If you look at the run path of Neymar and the defenders in slow-mo, you can clearly see that its a good trick.Ronaldhino showed that he is not over the whole hill yet. His free kick which gave Flamego the 4th goal was intelligent and well executed. ... and hey, Zhou Weitong...

Read More

How Cool Is This!!!

How about an African-American teenager singing Chinese opera? Just the idea seems ludricous. I just have to post this amazing find. Taken from Sydney Morning Herald. You MUST click and watch the video till the end. His voice is good, pronounciation near perfect, just wonderful to watch. ... oh, btw, I received too many emails on Zhou Weitong from overeager readers, not since Haruna Yabuki have I gotten such a strong positive reaction on the pics, so here's more of Zhou Weitong.http://media.smh.com.au/life-and-style/essentials/unlikely-chinese-opera-star-2521276.htmlSMH: Tyler Thompson is an unlikely star in the world of Chinese opera. ...

Read More

Super-Investor's Latest Picks

Mr. Koon Yew Yin has kindly sent an article for me to share with you readers. Cannot get in mainstream media or research houses, you know. Money cannot buy. I have been saving for a good posting to feature Cherie Chung, her recent photos, she's 51 you know, still beautiful as ever and effervescent.My one and only criterion for buying shares Koon Yew Yin, 20th July 2011 As you know, there are many investment books written about the methods used by Gurus, like Warren Buffet, Benjamin Graham, Peter Lynch and many others. After reading and mastering all the basic fundamentals on share selections, I thought I could make money from the stock market....

Read More

Trading Error Or Manipulation On DRB?

Well, almost everyone on the streets are talking about the DRB last minute drop. Many shouting that it is manipulation, while the paper has come out to say its a trading error. So, what is the verdict?Written by Chong Jin Hun / The Edge Tuesday, 26 July 2011 11:54KUALA LUMPUR: DRB-Hicom Bhd shares fell 14% or 33 sen to close at RM1.95 yesterday, making the counter the biggest loser on the local bourse in what was believed to be a trade error by a bank-backed brokerage.Sources said the substantial decline in the stock’s price within 10 minutes prior to the close of trading happened when transaction instructions for three million DRB-Hicom...

Read More

The Ultimate Guide To Ipoh Ngah Choi Kai

I cringe every time someone said that they had the best ngah choi kai in Ipoh at Lou Wong. Ask anyone from Ipoh and nine out of ten would never eat at Lou Wong. I guess if you are out station folks, you may need more guidance in locating the real deal. We Ipoh folks take the dish seriously. After all, you buy any tofu or bean sprouts from Ipoh markets, they are already very good. How not to have good hor fun when you live in Ipoh?So, what makes the dish stand out from being average to being brilliant. Well, at least they must have the best hor fun and bean sprouts to start with, not difficult. Then its the soup base, here is where quality comes...

Read More

Great Dinner, Invaluable Tips

I am proud to be able to call Mr. Koon Yew Yin (the famed super investor) a friend after many emails and a couple of lunches and dinners. Was back at Ipoh over the weekend and thought I call him for dinner, and within half an hour he called back to say he has another 11 people coming for dinner. That was a shocker but gotta roll with it. Then he casually mentioned that I probably have to speak a little prior to the dinner. No Such Thing As A Free Dinner (LOL)I know there is no such thing as a free dinner but it seems I have to be speaking for my dinner as well. My mind was still blank as I drove up to...

Read More

Metaphorical Battle At Kruger

I was scrolling my archives and came across this posting. To me, its more than a National Geographic piece. It also has a metaphorical and/or allegorical quality. Somebody could have scripted the wildlife drama loosely based on any Asian country (hint..hint). The pride of lions represent the government. The buffalos represent the people (hint, hint, always being herded but when they come together as one - can even surprise themselves). The crocodiles are just the priviledged few trying to take the 5% or 10%. Enj...

Read More

Market Shifting Gears Finally

Just when you least expect it to, the market suddenly turned on its head and registered a most vibrant trading day yesterday. Just a one-off? Judging from the trading trend, movements in certain stocks, it looks to have some legs for a run.Supposedly consolidating stocks such as Mah Sing, RA suddenly sprouted wings. Coincidentally, Hap Seng Consolidated has finally set their warrants price, now that the exercise is over, we may see more activity. Same goes for Coastal Contracts as the contra selling for those buying ex-basis is over and the warrants should start trading over the next couple of days.There was also sufficient activity in "trading...

Read More

The Jazzy Sounds Of Teresa Teng (ONLY 40 TICKETS LEFT!!!)

SOLD OUT!!! The organisers had their press conference yesterday and was well attended by all 6 Chinese papers. Wickedly, they have included this video as part of their promo. Its an excerpt from my all time fav Chinese movie Comrades, Almost A Love Story (next to An Autumn's Tale). The movie was brilliantly tied together by Teres's songs. Both Leon Lai and Maggie Cheung had a torrid on-off affair back in HK, growing up as new immigrants from China. After many years of unfortunate events, bigger than themselves, both made their way to New York. They were both saddened to hear of Teresa's passing... and the rest you watch yourself... I guess what...

Read More

Marketocracy Portfolio As At 20th July 2011

Salvador Mutual Fund (SMF) BLUE LINE price history SMF m100 S&P 500 Nasdaq Graph Period: [7 Days] [30 Days] [90 Days] [6 Months] [1 Year] [2 Years] [3 Years][4 Years] [5 Years] [Since Inception] recent returns vs. major indexes Today MTD QTD YTD SMF 0.59% 0.30% 0.30% -6.90% S&P 500 1.01% -1.08% -1.08% 4.88% Nasdaq 1.58% -0.30% -0.30%...

Read More