This is the quintessential Francoise singing that famous signature tune, Te Dire Adieu.
February 05, 2012
February 03, 2012
Paris Hilton-What a Barbie Girl!
Yes, who but Paris would fit the manifestation of the song' Barbie Girl'.
Watch this video and you will understand why.
Watch this video and you will understand why.
February 02, 2012
The Unforgettable Corrine Corrina
For those from Generation X and baby boomers, remember this song?
Yes, it is Ray Peterson bringing from the past the nostalgic strains of this beloved song and melody.
Enjoy!
Yes, it is Ray Peterson bringing from the past the nostalgic strains of this beloved song and melody.
Enjoy!
Forever and Ever
One of the most romantic songs ever written. Beguiling melody sung by Demis Roussos, an Egyptian Greek singer.
Listen, watch and enjoy,
Listen, watch and enjoy,
MOH Buddy Buddy CNY Lunch - 1 February 2012
I took these three photos at the function at Summer Palace.
These was taken before the lunch began.
These was taken before the lunch began.
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| The Fellowship |
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| Camaraderie |
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| Blessings |
February 01, 2012
London Pacific Insurance Capital-Impressive Growth
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| Rising like the Phoenix |
After ex dividend, it should be at RM13.50 but some weak sellers forced it to slide to RM13.32. Today it is sitting at RM13.40 for a 10 sen loss.
I was just looking at the Annual Report 2011 which I just received. Apparently, LPI derived most of its revenue from fire insurance policies (40.6%) followed by motor(24.1%), marine, aviation and transit(2.85%); and miscellaneous (32.5%). The premiums received for the year 2011 were RM304,337,000 for fire, RM263,470,000 for motor, Rm38,461.000 for Marine,Aviation and transit and RM 301644,000 for Miscellaneous.
In terms of performance, net profits attributing to owners of the company amounted to RM154,494,000, a 12% increase over 2010. Earnings per ordinary share rose from 63.8 sen to 70.1%.
As for dividend, LPI paid out a dividend of 75 sen per share.
Under the section called 'Superior Returns to Shareholders', LPI is proud of its returns. I qoute some of their 'pride' as follows.
"Over the medium-term period of 5 years,an LPI shareholder purchasing 1000 shares at the price of RM9.35 at the beginning of 2007 would have received gross dividends of RM5,463 and would have 1,600 shares be the end of 2011.At the price of RM13.52 per LPI shares, a shareholder would have RM21,632 along with his gross dividends of RM5,463 making his returns to be RM27,095 or 27.4% for the 5 year period.
Going further back if a shareholder bought and held 1,000 shares of LPI when it was listed and have subscribed to all its rights issue without selling nay, at the end of 2011, that shareholder will have 8,640 shares worth RM116,813. At the same time the shareholder would have received total gross dividend of RM46,230.
As sch with a capital outlay of RM10,730 and subscribing to all rights issues,that shareholder would have secured a remarkable average rate of return of 26.6% annually for 18 years or 1,420% for that said period."
So, do you still think is worth buying LPI today at RM13.40?
This you will know from hindsight many years down the road.
So let us time capsuled it today.
Risk Takers and the Risk Averse
If you do have some spare financial resources, what would you do?
Any financial consultant will tell you that you must not put your eggs in one basket. The risk averse will follow, blinkered eyed, to fixed deposits no matter how low the interest regime.
Granted, then what other baskets must one consider? The usual happens to be in properties and land purchases, stocks, bonds, unit trusts and for the braver ones- futures, commodities such as gold and silver and the money market. Then, there is always that other alternative-buying insurance policies.
So, what do you have right now? All of the above,some of the above or none of the above which is unlikely.
In Malaysia, for those who do not trusts stocks, bonds of any nature are acceptable. We used to have the Malaysia bonds for senior citizens but so far there has been none in the past year or so. Then there is the sukuk bonds which is good. There hasn't been any lately, too.
Many were carried away by buying unit trusts. Except for those unit trusts run by the Amanah Saham Malaysia which offers good returns but not many can buy as most are under the bumiputra affirmative programme. Some unit trusts have shown to be good at one time or another. There were good ones but not many. Ask any Joe or Jane and they will tell you that there are more misses than hits!
What next? Go into Bursa KL but in cautious mode. What can be considered conservative stocks? Definitely not derivatives. You will lose trousers and all here if you are not in the money!
The best bet are real estate investment trusts (reits). Question is, most are too expensive except for Stareit and Pavreit. You may also want to look at Al Aqar reits as it owns most of the KPJ premises and Johor Corp will be selling more of their properties to the trust as they are currently cash-strapped. The issue is are you entering at the right price. Some do distribute good dividends. You must study the dividend track and the price if you want to dabble in reits as returns are often slow. Most market players consider reits highly uninteresting.
Assuming if you want to get into stocks, you may want those that pay good dividends. Look no further than Mesiniaga and Maxis at their current prices.
For the brave ones, just keep your money aside and buy blue chips when they fell like tenpins on bad market days. There were a couple or two the last year and many got good bargains. Good stocks to follow are Genting Berhad, Sime Darby and Maybank.
Properties are great investment. However, as always you must buy property in the right location or you will be stuck with this non-liquid asset for a very long time as they are really hard to dispose off. True, there are many who buy land but they do not tell you the sad stories; only the good ones.
I would not go into the money market but those who bought Aussie dollars did make it good.
Commodities can be dangerous though those who bought gold are so far still smiling all the way to the bank.
Then, there are the insurance policies to contend with. While providing coverage, they are also instruments of finance. There are many types of insurance policies on offer these days for investment purposes. The most obvious on is the endowment policies with its regular returns. Such policies though tend to be expensive. The others are life policies hooked to unit trusts, bonds, indices and derivatives. Some are good.
Well, do look at the resources you have under your pillow and do not be all risk averse like the person who was entrusted to 'grow' the talents but hid it in his garden as we know from the parables. No pain, no gain!
No risk-taking-no money! No money, no talk!
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| Daredevils or Cowards? |
Granted, then what other baskets must one consider? The usual happens to be in properties and land purchases, stocks, bonds, unit trusts and for the braver ones- futures, commodities such as gold and silver and the money market. Then, there is always that other alternative-buying insurance policies.
So, what do you have right now? All of the above,some of the above or none of the above which is unlikely.
In Malaysia, for those who do not trusts stocks, bonds of any nature are acceptable. We used to have the Malaysia bonds for senior citizens but so far there has been none in the past year or so. Then there is the sukuk bonds which is good. There hasn't been any lately, too.
Many were carried away by buying unit trusts. Except for those unit trusts run by the Amanah Saham Malaysia which offers good returns but not many can buy as most are under the bumiputra affirmative programme. Some unit trusts have shown to be good at one time or another. There were good ones but not many. Ask any Joe or Jane and they will tell you that there are more misses than hits!
What next? Go into Bursa KL but in cautious mode. What can be considered conservative stocks? Definitely not derivatives. You will lose trousers and all here if you are not in the money!
The best bet are real estate investment trusts (reits). Question is, most are too expensive except for Stareit and Pavreit. You may also want to look at Al Aqar reits as it owns most of the KPJ premises and Johor Corp will be selling more of their properties to the trust as they are currently cash-strapped. The issue is are you entering at the right price. Some do distribute good dividends. You must study the dividend track and the price if you want to dabble in reits as returns are often slow. Most market players consider reits highly uninteresting.
Assuming if you want to get into stocks, you may want those that pay good dividends. Look no further than Mesiniaga and Maxis at their current prices.
For the brave ones, just keep your money aside and buy blue chips when they fell like tenpins on bad market days. There were a couple or two the last year and many got good bargains. Good stocks to follow are Genting Berhad, Sime Darby and Maybank.
Properties are great investment. However, as always you must buy property in the right location or you will be stuck with this non-liquid asset for a very long time as they are really hard to dispose off. True, there are many who buy land but they do not tell you the sad stories; only the good ones.
I would not go into the money market but those who bought Aussie dollars did make it good.
Commodities can be dangerous though those who bought gold are so far still smiling all the way to the bank.
Then, there are the insurance policies to contend with. While providing coverage, they are also instruments of finance. There are many types of insurance policies on offer these days for investment purposes. The most obvious on is the endowment policies with its regular returns. Such policies though tend to be expensive. The others are life policies hooked to unit trusts, bonds, indices and derivatives. Some are good.
Well, do look at the resources you have under your pillow and do not be all risk averse like the person who was entrusted to 'grow' the talents but hid it in his garden as we know from the parables. No pain, no gain!
No risk-taking-no money! No money, no talk!
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