| Posted in » Malaysia - Not a good place to invest for foreigners
Written on July 2, 2009 – 8:40 am | by Kampung Boy |Foreigners are running away from Malaysia. They don’t seem interested to put their money in Malaysia. A drop of more then 90% of direct investment so far this year from January to May 2009.
In 2008, Malaysia had a RM 46 billion foreign direct investment while this 5 months only a mere RM 4.2 billion seen. This is a worrying figure as this shows how strong and capable our economy in facing the global financial problems.
I guess this figures are really sending the shivers down our PM’s (Najib) neck. Najib was “kind” in revoking the 30% equity requirement for bumiputras in public listed companies. Now we know why he has to do that.
To be honest, i think this bold step should have been taken 20 years ago during Mahatir’s time as PM and not only now. Malaysia is taking those foreign investors for a ride. It is just like when the time is good, you forget about us (foreign investors) and now when you are in deep shit, you expect us to come and support you?
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AIG - Stock split shares plummet worried investors
Written on July 1, 2009 – 9:35 pm | by Kampung Boy |
AIG stock tumbles almost 20 percent ater a 1 for 20 reverse stock split by AIG. It really send negative waves as investors threw their AIG shares causing AIG to go down $4.53 or 19.5%. So brother Loke are you worried?
Side effects of Demerol
Written on June 26, 2009 – 8:19 pm | by Kampung Boy |The use of the drug Demerol might be the cause of Michael Jackson’s death. Below are the side effects of using Demerol :-
- Tremors
- Lightheadedness
- Irritability/anxiety
- Sedation
- Nausea/vomiting
- Sweating
- Confusion/hallucinations
- Depression
- Seizures
- Loss of respiratory function
- Rapid heart rate/arrhythmias
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Demerol might be the cause of Michael Jaskson’s death
Written on June 26, 2009 – 8:08 pm | by Kampung Boy |
As we all mourned the death of the King of Pop Michael Jackson, many will be asking about what is the cause of death of Michael Jackson.
Demerol is basically equivalent to morphine. The use of Demerol is to relief moderate severe pain and at times used during a surgical procedure to enhance the effects of the anesthesia.
Demerol is used to provide euphoria making the patient not care about their pain anymore. Patients will essentially get high off the usage of Demerol.
Patients on Demerol for chronic pain often then not become addicted and will require more and more of the drug.
Michael Jackson had been rehearsing hard for a 50 date concert residency at the O2 arena in London starting 13th July 2009. Might be due to the stress and the age of MJ, the overused of Demerol might be the cause of MJ’s sudden death due to cardiac arrest.
We can never question the effort and commitment shown by MJ as he is preparing for his comeback. I am pretty sure MJ wouldn’t want to disappoint his fans for his opening concert in UK.
MJ will be missed as i still remember when i was a 13 year old kid i bought an original cassette of his History Album. I had to save for quite sometime for that History album but i felt happy and satisfied having that album.
Black and white, You are not alone, Earth song, Billy Jean are some of my favorite Michael Jackson’s song. Let’s all hold hand in hand as one to pray for a better world as that is that MJ always wanted. RIP MJ, the one and only King of Pop!
We are the world
Heal the world
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RCECAP - Bought 5000 shares at 0.565
Written on June 25, 2009 – 5:20 am | by Kampung Boy |
RCE Capital Berhad (RCECAP) listen on the mainboard with a stock quote of 9296 is under trading/services sector. Rcecap core business is consumer financing in the form of personal loan to government servants.
The super main advantage about Rcecap is the repayments of loan are done by salary deduction scheme. The loan will be deducted on a monthly basis.
Money not enough
Written on June 25, 2009 – 4:38 am | by Kampung Boy |Most people grumbles and whines usually during middle towards the end of the month. The number one reason for their complain is money not enough. Even my very best friends face such troubles.
What people usually do during the period when money not enough? They spend less. Cutting on entertainment and household expenses are some of the method used when money not enough.
Metro Kajang
Written on June 16, 2009 – 12:50 pm | by Kampung Boy |Metro Kajang or in short Metrok (6114) is a property development company listed in the main board of the Bursa Malaysia. Metrok is controlled by the Chen family headed by Dato Chen Kooi Chiew as the executive chairman.
With many current projects and future projects in hand, Metro Kajang symbolizes a steady and ever growing property development company. Taman Bukit Mewah, Saville Residence just to name a few of it’s on going projects.
Genting SP come to papa!
Written on June 16, 2009 – 1:00 am | by Kampung Boy |
Genting SP is taking another beating today. It’s heading towards $0.60. I am pretty sure there are some investors that got stuck with Genting SP which they bought at $0.90 before Uncle Lim Junior let go 9% of it shares at a 20% discount which causes the selling frenzy.
Technical analysis a pain in the ass
Written on June 16, 2009 – 12:32 am | by Kampung Boy |
Technical analysis (TA) is one of the method used to analyze and forecast the movement of stocks using complicated graph or lines. Just a simple introduction of definition of TA.
Remember those graphs that we used to draw in school during our schooling days in SPM? Those exponential and statistical graphs are considered nothing if compared to the TA graphs.
Bought 3000 shares of Scomi Marine Berhad
Written on June 10, 2009 – 1:10 am | by Kampung Boy |I bought Scomi Marine Berhad (7158) yesterday, 3000 shares at RM 0.625. There are a few reasons why i picked Scomimr (short form).
Express bus fares up when oil is cheap
Written on June 10, 2009 – 12:21 am | by Kampung Boy |
Once again, Malaysians are burdened with a massive 30% increase of bus fares nationwide.
The spike in prices was suppose to be one month during last Hari Raya but our caring government didn’t care to revoke the prices. Now, the spike is permanent.
As usual, in Malaysia the first people to make noise when crude oil is up are the business people. Automatically after that, they will increase the prices of goods and foods.
Transmile Group will burn your hands
Written on June 8, 2009 – 4:20 pm | by Kampung Boy |
Transmile Group (7000) is making the headlines of late. Started by the Kuok Group, Transmile provides transportation for goods, aircraft engineering and maintenance services for aeroplanes.
PB Day2Day Card your valued companion
Written on June 8, 2009 – 9:32 am | by Kampung Boy |
Public Bank launched their new card called PB Day2day Card. The promotion that really caught my attention was the minimum age eligible to apply for PB Day2Day card is 12 years old.
6 advantages of investing in unit trust
Written on June 1, 2009 – 11:12 pm | by Kampung Boy |Unit trust or mutual fund is still a new industry in Malaysia compared to Western countries like USA where they already have more sophisticated funds like hedge funds.
A few example of unit trust companies in Malaysia are like Public Mutual, TA and many more.
The main advantages that one should look into when investing into unit trust are as follows :-
