Wah! So fierce one meh! This one!

Watching You!

This is my first experience going to North Tower at the Garden Complex adjacent Mid-valley Mall.

Went to send my YTL-Power warrants subscription-lah!

If you want to go up to Tricor Shares Registrars, they take your Mycard particulars and then take a photograph of you.

Wah! This one-terror one!

What do you think?

Overdoing it?

Inflation Bites and Hurts Too!

Lesser and more expensive!

There was a time when life was so much easier.

We didn't have to work so hard.

The signs of the time.

The Penang Chee Cheong Fun at the Restaurant OS only opens in the morning.

 By 3 p.m, he sow thong!

Today, he sells in the evening too!

RM 1.50 Chendol!

Hassan Rojak does the same thing.

He does not sells in the afternoon.

For the poor, this is lunch

Now he does.

I guess he has kids growing up at home and its more difficult to foot the household bills!

Baby Formula prices have gone to the moon!

Student Budget

As for the nasi lemak hawker selling near Maybank SEAPARK, he does roaring business these days.

Almost all his clientele are students.

You know it is not bad, having a chicken and an egg for RM 4.50.

Times have really been bad.

Inflation has eaten up salaries like termites.

Where can we go and hide from this inflation monster?

Tolong! Help!

The Fall and Fall of Felda Global Ventures

Falling FGV

I did.

Believe me I did as a Malaysian patriot!

I applied for FGV's IPO.

It was 6.75 times over-subscribed.

As, I usual I failed.

Now this politically-driven share has gone down from its high above RM 5.00.

It is sliding and coming closer to its issue price of RM 4.45.

At the current going price of RM 4.75, those who bought the share at the IPO will stand to gain 30 sen or RM 300 gross.

After deducting RM 31.00 for brokerage etal, you will stand to gain a net profit of  RM 269.00

If it fell to RM 4.44, it is hell water and you must get out without a loss of a whisker!

Now that the elections is not yet called, it may be pushed up for scenario building.

You may want to get out when they do a number on the counter.

Two Visually Awesome Sights

This is truly breath-taking.

Superb Shot

One,the Barcolana  regatta sailing contest in full swing in front of the Trieste Harbour  in Italy. Almost subliminal!

Deep Leap

The other, one month's pursuit to break the sound barrier. Felix Baumgartner exits the capsule to begin his 

 record setting 37 km skydiver Roswell,New Mexico on 14 October 2012.

Love for Stunts

Felix is a known Austrian daredevil skydiver who by nature loved to perform dangerous stunts.

At the time of writing, he is still in descent.

Creating Mr Unemployable

Wait some more....

The dastardly education system is to be blamed somehow.

We have many job-seekers out there who are sadly, unemployable.

The lack skills.

They lack talents.

They cannot communicate well in English.

Worse, they demand high pay.

No wonder they are still begging for a job.

Are you Malaysians proud and stupid-the bodoh sombong kind?

Tepuk dada,tanya selera!

The Raiders of the Lost Friendster

Malaysian OnLine (MOL) Group was the one that made a raid on Friendster and won the ownership of the company from such competitors as Facebook. After shifting the company to Asia, it milked the membership database and moved it to MOL. MOL then became a gaming portal that achieved tremendous sales from the Philippines to Indonesia,

Subsequently it sold patents to Facebook for a portion of its share.

When Facebook listed they saw the value of their shares soared to RM700 million.

The man that who helped Vincent Tan to do magic was Ganesh Kumar Bangah.

Hitting the Excess Trail for YTL Power Warrants

Is it worth it?

There are many who would venture to gamble on obtaining additional shares through the excess shares application route.

Remember there are rules that you need to abide by if you want to make it a successful outing.

The rules of distribution is determined by the Board of Directors (BOD).

In the case of the distributions of excess warrants for YTL Power, the BOD has decided on the following criteria:

Will you get what you applied for?

Firstly, to minimize the incidence of odd lots.

I am not very sure whether odd lots means in 1000 units or the 100 units tradeable lot. I think they likely mean the latter.

So, if you have 10 shares and applied for 90, you will likely get it.

Secondly, they allocate according to your shareholdings when the offer was made based on a pro-rata rate but subjected to the maximum you applied for.

Assuming you have 20,000 shares in YTL Corp when the offer was made, they will use this shareholding and pro-rate the excess shares to you. Let's say the BOD approves 50% of whatever you hold subject to the maximum you applied for.So, when you are entitled for 200,000 units of YTL Power warrants, they could offer you 100,000 units.

Thirdly, they could give you according to a pro-rata of the excess units that you have applied. This is a more subjective approach  of fixing a formula of the units you applied for. If the BOD should decide to give you 10%  of 50000 units, then they will just offer you 5000 units.

Playing excess shares can be rewarding for good companies.

I wonder who actually bought the excess shares for Dijaya?

There must be a reason for doing so, because you can buy it so much cheaper from Bursa KL. Buying rights will already bring you losses, why magnify if more painfully with excess.