BHIC : A Fishing Trawler at Work

Dullard Counter

The scene is on the high seas.

The industry is ship repairs and allied works

The company is one of the big Malaysian hongs helmed by the Armed Forces Cooperatives.

The counter is Boustead Heavy Industries Berhad (BHIC).

It has been moving quite well from RM 2.00 up to the RM 2.50 level.

It has anchored very long time at this stop.

Obvious reason. It is a dull counter. Little trading.

A remote possibility for privatisation? Sure, that was the same reason they gave when they privatised UAC.

I have been watching this counter keenly on the Odd Lot market to buy some BHIC shares.

Lonesome Trawler

Believe me, there is a lonely trawler out there pegging 84 shares daily at RM 3.15. This is way,way above the going price of RM 2.50.

There are some disinterested buyers on the other end sticking to their guns at RM 2.25 to RM 2.00

I do not expect any trading with this kind of wide margin.

Let us see what this trawler is up to.

He must either be  Ahab or the Ancient Mariner.

Irrespective, is he fishing for a sperm whale?

The Apparition on the Window Pane

Do you believe?

Sime Darby Medical Centre is getting more visitors these days.

No, I am not talking of patients or those who visit the patients during visitor's hours.

What does it portend?

These days we have many curious devotees coming to look at an apparition on a window pane, supposedly that of Virgin Mary. Some were snapping photos such as the one I have posted.

It appears so certainly as can be sen by the robes that Mary is clad in and the halo above her head.

What is the Message?

Do you belief?

What is the message?

If you do believe, what do you think it portends for the world and humankind?

Asset Declaration-Beginning of Transparency

Caught on the Wrong Foot?

I see an apparent trend towards political transparency in Malaysia.

While BN Ministers and other Federal and BN-led State political administrators declare their assets only to the Prime minister, the PR state governments have started the ball rolling by declaring their assets to the public, mainly through the internet.

The Forerunner

First to do so was the PKR-led state of Selangor which did that in 2008.

This year the DAP-led State government did a similar thing.

Not too late

Now, the Youth Wing of PAS has just recommended that PAS political administrators and candidates for the 13th GE do likewise. Two PAS state leaders have also endorsed this move.

It looks like this will become a trend that will gain traction.

A Level Playing Field

Will BN respond and do likewise so that the field for the next GE will become a level-playing field?

That begs the RM 64,000 question.