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.