EPF giving higher dividend this year

Written on February 8, 2010 – 4:56 am | by Kampung Boy |

The Employees’ Provident Fund (EPF) dividend for 2009 is expected to be higher compared to the 4.5% paid out in the previous year.


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Genting SP awarded casino license

Written on February 8, 2010 – 4:12 am | by Kampung Boy |

Genting Singapore (Genting SP), the subsidiary of Genting Berhad, Asia’s largest publicly traded casino operator received their casino license from the Singapore government. This will allow Genting SP to tap the holiday crowd.


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GOPENG - Bought 2500 shares at @0.775

Written on February 5, 2010 – 5:35 am | by Kampung Boy |

After a long lay off from purchasing any shares, i made a decision to buy in on GOPENG (2135) which is listen on the main board. Gopeng is involved in the industrial products sector.

Once again i picked my stocks according to those simple fundamental understanding about the company.


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MYEG

Written on February 4, 2010 – 12:45 am | by Kampung Boy |

MY E.G. Services Bhd or in short, MYEG (0138) is listed at the main board of Bursa Malaysia under the trading & services sector. MYEG was listed in the Mesdaq Market before being transfered to the main board.

Basically, MYEG is a company that provides services for government transactions to be done online through the Electronic Government (E-Government) Initiatives. MYEG also helps in delivering improvements in the government internal operations and in the delivery of services to customers.


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AIG - How dare you pay out US$100 million in bonuses?

Written on February 3, 2010 – 12:19 pm | by Kampung Boy |

AIG is on the spotlight again. This time, AIG is paying out US$100 million in bonuses. AIG is already bleeding from their financial products division as AIG has been given a hand by the government. Not much but only US$180 billion bailout.

Although it’s US$20 million short as AIG cut on retention bonuses but paying out US$100 million is still a lot.


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EON says no to HLBANK offer for EONCAP

Written on February 3, 2010 – 11:45 am | by Kampung Boy |

EON Capital BHD (EONCAP) has said no to Hong Leong Bank Bhd (HLBANK) RM4.92 billion cash offer to buy the entire assets and liabilities.

EONCAP says, HLBANK offer is too low and undervalues EONCAP. HLBANK is disappointed with the decision.


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Richest man in Singapore Ng Teng Fong passed away

Written on February 2, 2010 – 1:17 am | by Kampung Boy |

Singapore’s richest man and property tycoon Ng Teng Fong died early on Tuesday after suffering a cerebral haemorrhage on Jan 23, a spokeswoman for his family business said. He was 82.

According to the Straits Times, the self-made billionaire had a fall about 10 days ago and lapsed into a coma.


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Genting SP share price drops drastically

Written on January 27, 2010 – 4:00 am | by Kampung Boy |

I guess most of Genting Singapore PLC (Genting SP) investors must be very jittery with the current situation on Genting SP. Many will be wondering how come Genting SP is being pounded this two days?

The main reason for the fall for Genting SP is very simple. Genting SP is doing a mandatory conversion of bonds into shares.


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Make money from car wash in Malaysia

Written on January 25, 2010 – 8:49 pm | by Kampung Boy |

Car washing is a good business to start of it if you are in Malaysia especially in Johor Baru. Singaporeans are crossing the border to Malaysia to get their car washed.

Here are the main reasons why Singaporeans come to Malaysia to wash their cars :-

Cheap cheap and cheap!!

The number 1 reason Singaporean come over to Malaysia is because washing car in Malaysia is much cheaper if compared to singapore.


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SUCCESS - Matter of time success will come!

Written on January 21, 2010 – 12:29 am | by Kampung Boy |

SUCCESS (7207) is listed on the main board under industrial products. SUCCESS in full is Success Transformer Corporation Berhad. SUCCESS is the largest low-voltage transformer and industrial lighting manufacturers in Malaysia.

If you want to invest in PENTA, i would rather put my money on SUCCESS rather then PENTA. I made a post on PENTA - You are asking for trouble!

Why SUCCESS? The reasons are fairly simple.


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PENTA - You are asking for trouble!

Written on January 20, 2010 – 11:56 pm | by Kampung Boy |

PENTA (7160) is listed on the main board under technology sector. PENTA is the short form for Pentamaster Corporation Berhad. PENTA provides advance manufacturing automation solutions and services.

Of late PENTA has been in the spotlight. Heavy buying and selling on this counter making it one of the most active counters in Bursa Malaysia.


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Bought 30000 shares of SCOMI-LA

Written on January 16, 2010 – 5:14 am | by Kampung Boy |

I made an earlier post on the profile of SCOMI-LA (7158LA) for some simple understanding on what does the loan stock of SCOMI-LA is all about.

Anyway, i have invested 30000 shares of SCOMI-LA at the price of RM0.12 and will be hunting for more if the price is right. 30000 shares of SCOMI-LA does not cost much as it’s only around RM 3600++


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SCOMI-LA

Written on January 16, 2010 – 3:42 am | by Kampung Boy |

Profile of Scomi - LA

Profile for Loan Stocks


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Education Ministry is wrong to drop Squash from MSSM calendar

Written on January 15, 2010 – 9:15 pm | by Kampung Boy |

I am thoroughly pissed with the Education Ministry latest bombshell in the MSSM calendar. The ministry has slashed the yearly budget of RM 6mil to RM 1.5mil for 2010.

A few prominent sports got the chopped such like squash, bowling and archery. How can they make such decisions? We have World No. 1 Nicol David in squash, a bunch of world class bowlers like Shalin Zulkifli and archer Cheng Chu Sian who almost got us a medal in Beijing 2008.

Instead sports like soccer, Sepak takraw, tennis, netball get the nod instead of the elite sports that has been producing world class athletes.

Sports that got the nod :-

  • Artistic Gymnastics
  • Gimrama
  • Golf
  • Swimming
  • Athletics
  • Badminton
  • Netball
  • Basketball
  • Volleyball
  • Sepak Takraw
  • Football
  • Tennis
  • Hockey

Sports that got the chopped :-

  • Squash
  • Archery
  • Bowling
  • Table Tennis
  • Rugby
  • Cricket
  • Sailing
  • Softball
  • Handball
  • Cross Country
  • Chess

What so great about LAOS Sea Games Gold Medal in soccer?

Looks like soccer is the only sports indispensable no matter what sort of results Malaysia produce. I for once is happy that we won the gold medal in LAOS but what is there to be shout about? Winning a SEA Games gold medal in soccer does not make our country a respected nation for soccer.

Wasting text payers money on sending the national soccer team to training abroad and producing mediocre results is the story we have been listening for ages. So why soccer is still in the list? We will NEVER be world beater!

Sepak Takraw? This is a joke right? Can’t be true…

Oh my God! Ministry Education has given sepak takraw the green light to be listed in the MSSM calendar. We can’t even win the gold medal in SEA Games la… There isn’t any world class competition for this kind of sports as well.

No honors and no glory but government still support? What rubbish decision is this? Only a handful countries play this sports but we still can’t win and it is in the calendar? Haiz..

Volleyball, Netball and Basketball who?

Who on earth are our national players name? I don’t think many of us know any of the national players in this 3 sports!

Hockey also should be dropped!

Our hockey team has been producing rubbish results of late. Hockey all should be dropped. Enough said…

Squash shouldn’t be dropped

Hasn’t Nicol David done enough for the country? We have Azlan Iskandar and Ong Beng Hee as well who are professional and world class players. Not to forget Sharon Wee as well.

Nicol has been the World No.1 for the past 3 to 4 years and without doubt the best player on planet in the women category.

Archery, we are up and coming

I know who Cheng Chu Sian is. Although he missed out on a medal in Beijing Olympics 2008, at least our archers are world class! Archery is included into our ambitious road for London 2012 Oympics and the education ministry can’t see that burning desire? Does the people inside need a knock on their heads so that they can wake up?

Bowling oh Bowling!

Malaysia has won countless championship and medals in this sports and it has put Malaysia’s name on the world map. Our bowlers are also world class noticeably Shalin Zulkifli. Like that also not enough?

Conclusion

It is about time when Malaysia wakes up from its slumber and make decisions based on merits and not other reasons. If we can’t even make such decision in sports, what about bigger things?

I am sure most of you are angry with such decisions but what can do Malaysians do? Always the top people makes the rakyat blood go up the stairs!

I really hope they will do something on this matter. Very angry indeed…

Genting SP - Lee Kuan Yew paid a visit

Written on January 14, 2010 – 11:35 pm | by Kampung Boy |

Received an email from my remisier about first phase of Sentoso IR that will open next week. Minister mentor Lee Kuan Yew also paid a visit together with Tan Sri Lim Kok Thay to the casino at Resorts World Sentosa.

The first phase of the casino will be opened on Jan 20th and seems to be in good hands.

Minister mentor Lee Kuan Yew toured the Universal studios, four theme parks and some of its hotels together with the Water World amphitheater.

Isn’t this good news for Genting SP? That’s why i am still holding my Genting SP tight tight and not letting it go what so ever.

To all Genting SP holders, fasten your seat belts for the grand opening. You will never be wrong in investing in Genting SP for medium to long term. ^^

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