5 main reason why i hate Proton
Friday, May 29th, 2009I am sure there are many unsatisfied customers of Proton out there. I don’t own a Proton but i won’t buy one because i hate them so much. Here are my top 5 reasons why i hate Proton.
Archive for May, 2009
Island Red Cafe more like a ponzi to me
Friday, May 29th, 2009
I am sure many of us has been introduced to Island Red Cafe. It strike me after i visited indavidlee blog where he blogs about the Island Red Cafe Investment Plan.
I was introduced about this investment plan like 6 months ago but i couldn’t be bothered to join. The food was so so and guess what, i went there once and didn’t step in there again after that.
Genting SP taking a walk downhill
Wednesday, May 27th, 2009Genting SP shares took a dive after reaching a 2 year high of 0.905$.
The main reasons for the selling pressure :-
- Genting sold 9% of its shares from Singapore unit institutions raising $615 million
- Genting SP shares were sold at a discount ranging from $0.72 - $0.76
- The reason for sale is unknown
One will associate hills with Genting. From my blogpost, i am stating as taking a walk downhill and not taking a dive downhill.
From my 2cents, it’s a major setback to Genting SP share holders but in the long run it will still be fruitful.
Conclusion
Minor setback but fruitful investment in the long run. I have added another 5000 shares of Genting SP to my portfolio. I am currently holding Genting SP at this prices :-
2000 shares = Average $0.60
1000 shares = Average $0.705
7000 shares = Average $0.735
Total = 10000 shares
Average price = $0.705
Will be gunning for more if it goes down to $0.60 ++ All the way back to the top of the hill. Slowly but surely!
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Will AIG & Citibank be my worst investments?
Monday, May 25th, 2009
AIG and Citibank are the giants not only in America but in the whole world. Imagine the market capitalization of Citibank is used to be as big as the market capitalization in the whole Malaysia.
Now, even Maybank, CIMB and Public Bank is bigger or equivalent to Citibank.
So i have taken the decision to invest in this 2 ex giants.
Green Packet kiss of death
Monday, May 25th, 2009
Greenpacket (0082) a company that provides “broadband” services to Malaysians around Klang Valley area. Does P1Max sounds familiar? So Greenpacket is the company that provides this services.
Green Packet is listed in the Main Board of the Kuala Lumpur Stock Exchange (KLSE) and it’s under the technology sector.
Why i am putting inverted commas at the word broadband? (more…)
6 advantages in gold investment
Wednesday, May 20th, 20096 advantages in gold investment
There are more pro then cons when investing in gold. Here are the top 6 advantages investing in gold in Malaysia.
Buying Gold as investment in Malaysia
Wednesday, May 20th, 2009
Investing in gold is another option where we can look at when we want to diversify our investments portfolio.
As we know, gold is a very precious metal and the price of gold is very stable compared to other precious metals. I am sure the older generation will agree with my statement.
Easier making money from Genting Group than gambling in Genting Casino
Tuesday, May 5th, 2009
I am sure many of you have heard this statement before, “Where have you been of late?” Visit my uncle at the hill. Visit my uncle at the hill surely means visiting the late Uncle Lim Goh Tong’s Genting Highlands.
Out of 10 gamblers that go up the hill, 9 will end up loosing and only 1 winner only. That main reason for most people to loose money on top of the hill is purely due to greed. Hard to control eh.
The best method to control the gambling habit is dont go to the hill. Genting Casino is not worried of you winning it’s money, but they are more worried you dont visit them!
Is 120k enough for retirement?
Monday, May 4th, 2009
I almost laugh and fell of my chair when i read a newspaper article titled Don : You don’t need RM 1 mil to retire well from the The Star.
According to an Economic Specialist Datuk Prof Ismail Mohd Salleh said RM 120k would be enough to retire comfortably.
Let see what’s the reason for his statement :-
(more…)
