
Sunday, November 01, 2009
Auto AP, Your Gain, My Pain

Wednesday, October 28, 2009
Correction, Fear & My Shopping List (2)

To prevent 'run chicken ' if market correction is minor, I have decided to go-in in stages.
- PARKSON - Below 5.10, & 4.8O
- ICAP - Below 1.80 & 1.70
- LIONIND - Below 1.42, 1.32 & 1.22
- CSC - Below 1.10
- SURIA - Below 1.30
PARKSON is my main target, therefore I will invest more on PARKSON, ICAP & LIONIND.
(Picture: Penang Heritage )
Saturday, October 24, 2009
High End Properties in Penang - Imagine the SUPPLY 3 years from now

The prices for High End properties in Penang has reach record high level, with most of them selling above 1.0 mil a unit for landed property or even Condo.
The newly launch from Mah Sing will be price 3 - 4 million per unit, after this we will see IJM, Queensbay & E&O launching their HIgh End properties that selling above 1 mil for link house, & multi millions for semi D & Villa.
For those who wish to speculate in Properties, before you cheer for this record high property price, please sit down & try to imagine the supply of this HIGH END properties in 3 years time from now, when the the projects completed in year 2012-2013.
Will the price sustainable or what is the chances of properties price continue to surge if:-
- The economy growth remained low at 3 -4 %
- The average Malaysian monthly income level remained depressed at low level of 2000-5000 monthly
- Over supply of High End properties by greedy developers.
- Every new projects only have less than 50% occupancy when completed.
Friday, October 23, 2009
ICAP- Offer U Almost 10% below Net Assets Value

In this young BULL market, if you thinking of buying a good undervalue stock in Bursa Malaysia,
Instead of paying existing market price to buy stock in Bursa, why not consider this one:-
ICAP, offer you an exposure to Equity in Bursa Malaysia by paying 10% less on Market Price.
NAV as at 21/10/2009 : 1.96
Icap market price: 1.80
Exp: if u interested in Parkson, market price is 5.15,
BUT you can buy it indirectly via Icap at a price cheaper than 5.15.( 10% discount) because Icap's biggest holding is Parkson.
Tuesday, October 13, 2009
IT TELL YOU ALL : VALUE INVESTING
Saturday, October 10, 2009
A Decision to Confirmed MCA Irrelevance

The MCA delegates has make a decision to drop Ong Tee Kiat, & Dr. Chua Sooi Lek in today's EGM.
This a the worse decision for MCA.
This may reflected the Central Delegate's disappointment over MCA effectiveness in politics.
They have voice out that they have feud up with MCA performance with the vote to drop BOTH President & Deputy President.
Even the Central Delegates has make a decision to kill MCA future in Malaysia Politics.
A decisions that confirm MCA irrelevance in Malaysia Politics.
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MCA EGM: MCA delegates make dramatic decisions (Update 8)
thestar.com.my, 10/10/2009Follow the development on Twitter
KUALA LUMPUR: MCA delegates made dramatic decisions at the party EGM on Saturday.
The vote of no confidence against Datuk Seri Ong Tee Keat got through by 14 votes.
His suspended deputy, Datuk Seri Dr Chua Soi Lek, failed to be reinstated as deputy president but was voted back as a member.
Party officials said the dramatic decisions of the delegates at the EGM would mean that they now need to look at the party constitution.
Under the Constitution, a party president can only be removed by a two-thirds of the delegates' votes.
Ong told reporters that he respected the results of the EGM.
He also said that the MCA Central Committee and Presidential Council will have to discuss the results.
Results of the voting on the three resolutions:
Resolution 1: That the members of the general assembly have no confidence in the leadership of president Datuk Seri Ong Tee Keat.
Adopt: 1155
Reject: 1141
Resolution 2: That the presidential council's decision on Aug 26 in accepting the recommendation of the disciplinary board and the subsequent decision of the central committee (if any) to expel or suspend Dr Chua is annulled.
Adopt: 1204
Reject: 1095
Resolution 3: That Dr Chua be rightfully restored as MCA deputy president.
Adopt: 1110
Reject: 1184
Earlier Saturday, of the 2,307 delegates who registered for the EGM, only 2,304 cast their votes from 10.30am to 11.55am. Three did not collect their ballot papers.
The total turnout of delegates was at 96.93% attendance rate.
Delegates had to show their party membership card and MyKad to collect the ballot papers
No photographers and reporters were allowed in the hall.
The EGM decided that only the first three resolutions be put to vote and the remaining two resolutions deemed irrelevant.
After opening the EGM, speaker Datuk Yik Phooi Hong put the suggestion to the delegates, who accepted this through the show of hands.
Resolution 4 and 5 were scrapped as no appointment of deputy president had been made as Datuk Seri Dr Chua Soi Lek was not sacked.
No disciplinary action would be taken against those who called for the EGM.
The registration process for the EGM began on Friday and closed at 10.30am Saturday.
Dr Chua, who arrived at 8.10am, told reporters that he would accept any decision made at the end of the day.
Vice-presidents Datuk Seri Liow Tiong Lai and Datuk Seri Kong Cho Ha also arrived early for the meeting.
Liow said he hoped the delegates would show maturity and make decisions in the best interests of the party.
Ong, who arrived at about 9.15am, was instantly greeted by his supporters, who cheered him on and gave him words of encouragement.
EGM guidelines state that any recount of votes would be allowed only if there was a difference of 1% of the total votes cast.
In the event of a draw, the speaker may exercise his right by casting an extra vote as provided for in Article 169 of the party constitution. But if the speaker elects not to vote, then lots would be drawn.
Monday, September 14, 2009
IT'S SO SIMPLE YET SO DIFFICULT

Saturday, September 12, 2009
VALUE INVESTING BOOKS



Samgoss ( www.samgang.blogspot.com) has said most of d shares players hv read d methodology book written by warren buffet , but how many of them can really benefit (understand) from his book.
My question is have you read ? or try to read an investing book ?
If you have bought 'shares', spending thousands to invest in shares market, do you read investing book ?
Read Investing books written from Investing Guru is the fastest & easier way to learn & master the Investing knowledge. You need not to waste money & time by making mistake in share investing, avoid making mistake in investing can save you lots of money.
The Investing Guru, such as Warren Buffett, Peter Lynch and Benjamin Graham are proven GREAT investor, learning their WISDOM is the CHEAPEST & MOST EFFECTIVE way to make money in Shares Market.
IF YOU HAVE NOT MAKING MONEY IN 'SHARES MARKET', then just ask yourself a QUESTION, HAVE YOU READ AN INVESTING BOOK ON THE GREAT GURU THAT I MEANTIONED ABOVE.
Wednesday, September 02, 2009
JOM ! GO SHOPPING

Long awaited correction in Local & Regional market has started in this September.
This is time for us to shopping for value buy.
The correction has started, but the price has not drop to attractive level.
I am waiting for it to drop to my target price to BUY.
MY SHOPPING LIST:-
LIONIND --------- 1.20
CSC -------------BELOW 0.95
E&O ------------- BELOW 1.18
WILL MR. MARKET PANIC ENOUGH TO SELL ME THE STOCK !?
