Disclaimer

All opinions and views in this blog is entirely mine, and does not reflect any organization that I am affiliated with. And please exercise careful judgment when trading securities. Nothing in this blog should be construed as a recommendation to buy, hold or sell any securities. You do so at your own risk, and do not blame others if the outcome is not in your favour. In case you are wondering, I do not have any securities trading account with any brokerage firms or investment banks.

Saturday, October 12, 2013

Unethical Front Page

Folks,

I got a bit frustrated looking at The Star's patheticity in its front page, today, Saturday, 12 Oct 2013.

It is clearly abusive, unethical and certainly defamatory. Though the political party Malaysian Chinese Association (MCA) controls The Star, it does not give them any right to defame any member of its party,and humiliate them publicly, especially on its front page.

There is a growing crisis between MCA President Chua Soi Lek and his rival, Liow Tiong Lai. But that conflict should not be the main topic of the paper. There are many more important things to report on the front page than some stupid and silly remarks by Chua Soi Lek.

Today's paper truly disgusts me, and I certainly hope that Liow will take legal action against The Star.

Monday, October 7, 2013

Government Budget Allocations

Folks

I read with interest the infographic prepared by Foong Li Mei, as appeared in Focus Malaysia, Issue 44, Page 41.

The infographic look strikingly similar with the one presented by a local think-tank by the name REFSA (Research for Social Advancement).

Anyhow, this infographic is indeed a useful one to us Malaysians.

It basically give a detail information about how our country's budget are distributed among the many government arms and machineries, some of which are Ministry of Finance, Ministry of Health, Prime Minister's Department etc.

In essence, the budget is divided into two:-

(a) capital expenditure (capex),
(b) operating expenditure (opex).

The capex is provided to all ministries and departments to cover specific functiond within their own purview, while the opex is used to cover expenses needed to operate the country which may include subsidies etc.

Read on, folks.

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Image source: Focus Malaysia, Issue 44, Sept. 28th. Page 41.

Focus Malaysia vs The Edge

Kawan-Kawan,

As of now, there are are two weekly business newspapers in Malaysia, namely Focus Malaysia and The Edge.

The former is about 10-month old (launched December 2012) while the latter has been around for quite sometimes (more than five years, I think).

The feel and look in these weekly newspapers are strikingly similar - the type of papers used, the layout and the style of writings.

But in my personal opinion, the news coverage is much more wider in Focus Malaysia than in The Edge.

There is a 'corporate feel' when reading The Edge, possibly because it covers a lot about corporate Malaysia, as well as the 'captains' and 'big boys' of respective industries. I somehow personally feel that the paper is reserved for the niche lot - "the elitist". I can feel it when looking at the 'fonts' used in this paper: classic, old-fashioned and reserved for selected echelons in the society.

On the other hand, Focus Malaysia tend to cover not just the corporate big boys, it include too the small-players, particularly the small and medium enterprises (SMEs), thus making it more comprehensive and reaching wider audience than The Edge. This I can tell by looking at the 'funky' fonts used in this paper.

Of course, this is my un-scientific assement of these two papers.

Each has its own merits, pros and cons.

Anyway, of particular interest is the ad that I saw in this week's edition of Focus Malaysia. The ad may have been around for quite sometimes, and maybe it went unnoticed before my two + two eyes.

What interests me is the wording used by Focus Malaysia in their ad:-

"Stay focused. Keep off the edge"

The choice of words here are "focus" and "edge". Very smoothly and subtly done, woven between the words and interspersed with a nice image of a cliff, but it has a deep meaning to it.

One need to simply read between the lines to connect the dots ans putting the jigsaw piece together.

It may be perfectly legal as, but is it ethical?

I leave this to you to ponder.
Go figure! :)

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Image source: Focus Malaysia, Issue 44, Oct. 5th-11th. Page 6.

Price Increase

Friends,

To recap, Prime Minister Datuk Seri Najib announced fuel hike of 20 sen (RM 0.20) on Sept. 2nd, 2013.

As we all know, an increase in fuel price will increase almost every single cost and price in Malaysia.

The data below was checked and compiled by a research house (M&A Securities) which shows that there is an increase of 20 sen in almost all food prices.

The increase, when read in percentage, is a rude jolt for my mind to fathom. Imagine a 20% increase. Wow, that is a lot to consider; even though it is an increase from RM 1.00 to RM 1.20.

I can definitely understand the fluctuation of oil price, but the government should be a bit mindful too of the resultant domino effect when raising the oil price.

Source: Focus Malaysia, Issue 44, Oct. 5th-11th. Page 16.

Ranking of Banks in Malaysia

Folks,

I have been quiet for a while.
Just busy with life and work and never ending things.

Below is the ranking of banks in Malaysia according to the Return of Equity (ROE) ratio.

The list was compiled by Focus Malaysia - one of the leading business newspapers in Malaysia.

Source: Focus Malaysia, Issue 43, Sept. 28th - Oct. 4th, 2013. Page 14-15.