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Tuesday, January 31, 2012
Ador, You Will Be Missed
I had the great opportunity to meet and see Ador in action many times over the past few years. I am thankful that together with Leslie Loh, we at least managed to get The Solianos together to record the first ever album, which I feel strongly is a brilliant testament of the contribution of The Solianos (including Alfonso) to the culture and growth of modern Malaysian music since 1950s. Solianos band member and saxophonist Salvador Guerzo diesBy Dennis Chua dchua@nst.com.my | 0 commentsKUALA LUMPUR: Saxophonist and music arranger Salvador Guerzo, 70, a member of Malaysia’s renowned band the Solianos, died this morning at his...
Monday, January 30, 2012
Guess Who Will Be Moving Up The Richest List Fastest This Year
The snippet below was taken from Forbes magazine:Malaysia's Richest#9 Vincent TanNet Worth$1.25 billionSource of WealthdiversifiedAge58Marital StatusMarried, 11 childrenSelf-made entrepreneur runs conglomerate Berjaya Group, but fortune sank by almost a quarter over the past year as shares stumbled. Owns social networking website Friendster.com and bought shares of Facebook through his Internet company, MOL.com. Failed to get a sports betting license from the government. Hates golf but loves scuba diving and working out at the gym.~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~Its very hard to move up the top ten richest list in Malaysia as the gap from one...
Insurance News - Monday, January 30, 2012
Read more here: http://www.bradenton.com/2012/01/29/3826908/no-fault-auto-insurance-fraud.html#storylink=cpyLegislation Puts Florida's No-Fault Auto Insurance Fraud on RopesLegislation championed by Rep. Jim Boyd of Bradenton gained momentum over the past week -- and deservedly so. With Florida serving as ground zero for staged vehicle accidents, bogus injuries and auto insurance fraud for several years now, the Legislature has tried but failed to adopt remedies. This session looks like the game-changer.read more...More Auto Insurance Victims Being Denied in OntarioInsurance companies in Ontario are turning down an increasing percentage of requests for the assessment and treatment of serious injuries sustained by motor vehicle crash victims, according to a new survey.The survey, spearheaded...
Then Why Have The SC Task Force In The First Place?
Well, we probably won't see this kind of business reporting in local media, so have to rely on The Straits Times Singapore.SC task force found Sime Darby triggered E&O general offerBy Yow Hong ChiehJanuary 30, 2012KUALA LUMPUR, Jan 30 — A Securities Commission (SC) task force found that Sime Darby Bhd was obliged to make a general offer for Eastern & Oriental (E&O) Bhd shares after acquiring a 30 per cent stake in the property developer but was superseded by the regulator’s top ruling authority.Singapore’s The Straits Times reported that the task force was of the view that a general offer obligation had been triggered as a new “concert party” was created between Sime Darby and E&O managing director Datuk Terry Tham, who jointly controlled more than 33 per cent in...
Saturday, January 28, 2012
Smarter People Own More Stocks
Business Times - 26 Jan 2012Smarter people own more stocks, says studyIt finds a direct link between IQ and market participation( NEW YORK ) The smarter you are, the more stock you probably own, according to researchers who say they found a direct link between IQ and equity market participation. Intelligence, as measured by tests given to 158,044 Finnish soldiers over 19 years, outweighed income in determining whether someone owns shares and how many companies he invests in. Among draftees scoring highest on the exams, the rate of ownership later in life was 21 percentage points above those who tested lowest, researchers found. The study,...
Wednesday, January 25, 2012
SC and The Upcoming Private Retirement Scheme
Managers can now apply for licences to provide products under Malaysia’s proposed private retirement scheme. The Securities Commission answers AsianInvestor's questions about how the system will work.By Joe Marsh | 26 January 2012 In December, Malaysia’s Securities Commission published eligibility requirements for asset managers to gain a product provider licence under the country’s long-awaited private retirement scheme (PRS).Ranjit Ajit Singh, managing director at the Securities Commission (SC), here confirms and clarifies some key points for AsianInvestor.A feature looking at the PRS in detail will appear in the upcoming...
Commentary On Selected Stocks
Hibiscus - There have been people warning me not to recommend this counter when I did so at 70 sen, 80 sen ... I like their projects, but seriously, they have yet to strike oil. They went limit up yesterday briefly, I wash my hands clean from this counter. Some monies are not for us to make. The stock looks very cornered.CanOne/Kian Joo - Transaction finally went through. Upside would be around RM2.50 at least. I got so many nasty emails asking me to shut up on CanOne, I refused to print them because it was personal and not looking at the facts of the matter. Kian Joo would also go up in tandem as the uncertainty to extracting synergies from both companies are now in play. Possibly Box Pak will be sold. Although I did not think it was prudent, apparently the grapevine is very certain that...
Tuesday, January 24, 2012
The Lowdown On China-Stocks On Bursa - Just A View
You open a conversation topic on Chinese stocks listed on Bursa, you see most people shaking their heads. Most have been burned, and burned royally despite following Benjamin Graham's rules of investing. Well, you have low PER relative to profit growth, most are still registering decent earnings growth. But none are willing to pay out a decent dividend despite having a substantive amount of cash. In fact, what has been more galling was they even had the audacity to push through rights issue. They drop and drop, even though syndicates have been roped in, they still drop. For the past 3 years or so, the news surrounding China companies listed overseas...
Friday, January 20, 2012
The Longest Wait For A Food Stall In Ipoh
I probably never did write much about this food stall because its already soooo damn hard to get food here. Normally I have to wait 30 minutes at least. Well, thanks to the CNY holidays, its more like 1 hour for my bowl of curry mee (Ipoh style).Is this the most sought after hawker food stall in Ipoh, probably. Why, its got this silly combination of chicken, mee, meehoon, its distinctive curry soup base, barbecue pork, a bit of pork parts, the crunchy siew yoke ... all topped with its stupefyingly good curry oil mix. Its all in the curry oil mix.A HK entrepreneur bought the sole rights to sell the same stuff in HK for an undisclosed sum,...
Kung Hei Fatt Choi
Below is the actual 24K gold carving signifying the year 2012. Too much money, can go to HK to buy this. Sun Leen Jhun Phou!!! Sum Seong See Sing...
Thursday, January 19, 2012
Adopt A Dog, People
Dog owners and dog lovers will shed tears for sure because they know its true and the scene will be the same if the same thing befall ...
Wednesday, January 18, 2012
Beating The Market
How to beat the market and become a super investorBy Koon Yew YinRisks in doing business: It is important to stress that all businesses involve risk; hence the selection of shares is also a risky business. This is not the same order of risk as may be involved in going to the casino or betting on the four digits which in 90-99 % or even more of the cases, results in the patron losing his money, if not his pants. Picking winning stocks means that we pick the companies that can meet the constant challenges of competition, supply and demand, change of fashion and style design, obsolete stocks write off, etc. There are also unforeseen factors such as variation in interest rates, import and export restriction, foreign exchange variation, change in Government regulations, etc. Inclement weather...
Around The World In 12 Dishes
These are the 12 dishes/meals to have, according to the food editors of Sydney Morning Herald, in a culinary gastronomic trip around the world. They have intentionally left out Australian restaurants as it was a SMH publication for Australian readers.Advertisement: Story continues belowNoma, Copenhagenimg alt="CAPTION. Graphic: Photographer" height="550" src="https://lh3.googleusercontent.com/blogger_img_proxy/AEn0k_t4XEzxNRHlfkSsznqMzYo3cujtB-mf2JGyLnoZxNpMbdgpStXosD5XIapOEXralubMXm0y4nxGTPzyeJRj78K7R-tX7_8aZ0rJn7tZPU7iyJWqi7aH7uZaarvT9Nr2GnYL0jdBU1qAtIs7T3WOpWH6nZwoVnQTfz4G2iFZPNtpCZrRnibeDMk9_taSS7s=s0-d" style="border-bottom-width: 0px; border-color:...
