August 11, 2012

Domestic Violence on Males


Reason to Beat him!

It may not be reported in the mainstream media.

It happens.

Just like there is under reporting for crimes and cases of psychiatry, male abuse by their spouses is getting significant.

The latest report in THE STAR today tells us that the Welfare Department received 25 reports from men who were abused by their wives or girlfriends last year, 32 in 2010 and 14 in 2009.

Most cases were reported in Selangor, followed by the Federal Territory, and the offences included threatening injury, causing physical harm, emotional abuse and locking up the men.

The Department of Women Development received four cases of abused men last year, with financial disagreement being the root of all cases.

In each case, “the wife is more dominant in the family and earns a higher income than the husband,” it said in an e-mail.

Women, on the other hand, reported 117 cases of domestic abuse up to June this year, compared to 649 last year and 663 in 2010.

Neuro-psychologist Dr Nivashinie Mohan said that financial stress was the major cause of domestic violence against men.

“Studies have shown that women assault men about as often as men assault women,” she said.

“While men tend to cause more damage because they are usually stronger, women can even the odds with weapons such as knives, high heels and sharp nails.”

Dr Nivashinie said abused men were reluctant to turn to the authorities for fear of appearing “unmanly”.

“Society also teaches men that it's wrong to hit women, so they don't retaliate,” she added.

Many of the women who abused men were alcoholic while some could be suffering from certain personality disorders that cause them to be violent towards their partners.

MCA Public Services and Complaints Department head Datuk Seri Michael Chong said that some women were breadwinners and abused their husbands for “reckless spending”.

He also encountered four cases of wives becoming violent after learning that their spouses had affairs.

Consultant psychiatrist Dr Ting Joe Hang said women might look on spouses who earn less as “useless” and as a result, would abuse them.

He said there may be reasons other than money problems.

Deputy Women, Family and Community Development Minister Datuk Heng Seai Kie said there was no excuse for domestic violence.

Incidentally males who give all of their income or most of it to their spouses will also likely to be abused by them.

So, watched out!

Car-washed!

My wife took the car for a car-wash at Esso.

I was sitting behind in the back seat looking at some bills.

Suddenly I was car-washed as well!

Water baptism at a Car-wash!
Seems like those mechanics whom I sent my car for repair did not fully wound up the back car window!

What an experience!

Magnificent Seven-The Malboro Movie

Mighty Seven
The theme for Marlboro High country was taken from The Magnificent Seven.

The movie is based on the Japanese equivalent of Seven Samurai.

Gunfighters Galore
A group of seven gunfighters that took it to be their task to protect a peasant village resulted in saving the village from marauders led by Cavalho played by a young Eli Wallach.

Enjoy the likes of Yul Brynner, Steve McQeen, Hotlz Bulhotz, Charles Bronson and James Coburn.

Nice movie if you have time to spare.


August 10, 2012

Will 1MDB buy over YTL Power's Paka and Pasir Gudang operations?

The New Mega IPP?
Seems 1MDB is in a hurry and feeding frenzy to gobble up IPPs in Malaysia.

First, they took over Ananda Krishnan's  Tanjong's power operations.

Now, they are in the process of trying to take over Genting Sanyen Power profiting the Genting Group.

So, what is left of the IPPs?

Yes to fell to 1MDB?
The biggest one is under Syed Mokhtar called Malakoff en-route for re-listing on the bursa.

The Southern Megalith 
So, when do you think they will take over YTL Power's assets in Paka and Pasir Gudang?

Note the word, "When".

Knowing Francis, he may give it away if the price is right and concentrate on foreign power and utilities acquisition.

Powering the Eastern Seaboard
After all the current rates for Pasir Gudang and Paka will come for negotiation only in 2015.

So anything can happen with 1MDB until then.

If the government wants to forever get rid of IPPs as a sad relic of the Mahathir era, maybe it is NOW!

But you will get a gigantic 1MDB IPP instead.....won't you?

Will that means no more over-pricing of tariffs to Tenaga?

You never know ......................

Subdued Trading Week at the Bursar

Dull Dullard
If there is one word to describe the mood of the Bursa KL this week, it is subdued.

Trading was down tempo with the general market trading in lack-luster fashion.

Except for the few orang puteh managed companies such as F&N, Nestle, GAB, BAT,Carlsberg, Digi, Dutch Lady, and LMCement, the market see-sawed.

What I did notice was there was sustained buying on two specific counters.

Surreptitious Amassing by EPF
The first is YTL Corp. The buyers included the Yeoh family members themselves including YTL himself. There was aggressive Treasury buy-ins when the counter dived to RM1.76.

Also in apparent disguised buying was EPF, collecting YTL Corp shares like there is no tomorrow.

Something is happening and those in the corridors of corporate powers know.

With RM16 billion in cash, I believe that Francis will announced massive power and utilities acquisition as he puts YTL Power into privatisation mode.

To ensure YTL Corporation shareholders get the best deal, expect both YTL Corp and YTL Power to start on a upward price trajectory soon.

The apparent game to my mind will be to have a significant gap between the price of these two counters before the swap valuation is announced. A good bet will see YTL Corp breaching RM2.50 with YTL Power moving closer to the RM2.30 mark.

The exchange will see the privatisation of YTL Power at the best price to the Yeohs, YTL Corp and YTL Power shareholders.

I think Francis is going for triple harmony.

Telenor Uptake?

Another counter going north is Digi.com. As usual, EPF is just gobbling it up.

The price today at closing was RM4.71 at a 1-sen share par value or an equivalent RM47,100 per lot on the cum-par value basis of a 10 sen share.

What do you think is in the offing?

I do not think it is the current 5.9% cum dividend or the impending dividend in specie due in the first quarter of 2013.

I am inclined to think it will be the liberalisation of the telecoms sector where the foreign sector can take more than the maximum ceiling share holding of 49%. If that be the case, then Telenor can buy more and the price will go up and up as the current float gets digested and warehoused.

Will Starbucks Buck up the Price?

Today marked the last day of BJFoods's mother share. It ended up 1.5 sen at 97 sen.

The new rights at 65 sen and the warrants (2012-2017) at a convertible price of 70 sen  will start trading on Monday 13 August.

Will it go up and will dumping takes place?

If so, will Vincent and his allies start up the Dysonian mopping exercise to ensure the spoils of Starbucks remain in the family?

Whatever the case, it would be interesting to watch what the warrants will fetch.

August 09, 2012

Starbucks, We are F.......ked! Royally So!

Losing its luster?
Vincent has lost his magic touch. That is almost sure by the way most of his counters are floundering.

As for Robin, he is now in limboland. Will some seeds help?

Remember the failed listing on the Bursa of Berjaya Retail? Crying shame.

What about fly-high BJ Sports Toto? Dwarfed like Uranus.......

BJ Land-prices has slid down the tube...........to the inner depths.

BJ Corp-too many machinations. We have lost the plot here after the delisting of Cosway from Hong-Kong.

BJ Media-out of the news with such lo,low prices...its chokingly sickening.

BJ Assets-also sliding.............

Thought that one great hope was BJ Foods with its expansion plans and absorption of 50% of the South-east Asian Starbucks franchise.

No, but that is where I got it wrong.

The counter before and after ex was a killer for loyal shareholders.

The prices of the counter is nearing morgue prices as we get nearer to the new rights and warrants listing on 13 August.

Do we have to do a post mortem on a half dead counter?

The Berjaya Group management must be hiding in the woodworks by now.

Fear is the Key

Fear is Crippling
Malaysia is suffering from perception problems.

Crime is low as bailed out by police statistics.

But then, why is there fear in the air?

Why are shops and offices closing so much earlier than usual?

Is there a key to safeguard the innocent populace?

Why is that worried, hurried,' looking over your shoulder' look so prevalent these days that we see almost everywhere as dusk falls?

Like from some bad movies.

The truth?

Somewhere beyond statistics.

The number of crime graphically described  in the virtual social network from blogs to Facebook attest to the horrors of street crimes and daylight robberies. The frequency of such happenings is shocking. The apparent fear is no one can be safe anymore.

Politically, in Sabah in various districts are purported reports of being overwhelmed by foreign elements. Fear is real;no longer apparent.

Are our borders that porous?

Or is that problem an opportunity for many to maintain the status quo politically as fear is the key?

Angela's Happiness Pursuit. Don't We All?

Angelina Jolie wants happiness in her heart. That is key.

We all desire that too-to live not in fear.

To be secure in our search for happiness.

Is Malaysia safe anymore?