Supermax Corporation Continues to Max For You!

It may not be the Optimus Prime of the Malaysian rubber glove industry, but it have hit the RM billion mark revenue target in 2011 and may soon catch up on Top Glove if the latter becomes lackadaisical.

One of the popular counters, Supermax has seen great heights in years gone by and may be on a plateau right now given the rising latex prices that may impact negatively upon its sales and revenue.

Let us review their 11-year profile for a purchase of 10,000 shares at RM2 in 2000.

As of February 2012, given the corporate restructurings that have taken place during this period,your investment of RM20,000 would have ballooned up in value to RM160,830. On top of that, you would have received accumulated dividends of RM15,819.

Your capital gain would be RM156,650 and your net returns would be 783%.

Don't you think you have made a smart investment by just investing in rubber gloves?

Fast forward,do you think Stanley Thai can bring this company further up the profit path to new heights or has the company 'hit the wall' in its growth trajectory?

After it ex-bonused on 1:1, the share price has declined to the RM1.90 level, in tandem with poor market sentiments and the rising latex prices.

To prop the price of the counter up needs more aggressive marketing and perhaps some health exigencies.

Meanwhile, this is a good price to buy into this dividend paying company.

Did You Lose Your Kitty?

Wow, what a photo!

The Kingdom of God

That animals can live together without any worries or concerns, why can't humans?

Here, you see a prey and predators co-existing.

Hollie Goes Home

As expected, Hollie Cavanagh, pushed to the edge of the competition by three better contestants, went home as No. 4.

Left to battle it out are Philip Philips with his unique singing style that entertains no end; Joshua Ledet with his stage prowess singing home the blues and the indefatigable Jessica Sanchez with her magical vocals and stage appeal.

Americans can be fickle and so next week who will be made to take the bow?

If the voters are redneck bigots, Philip Philips may sail in with ease. If voters love the rendition of blues, Joshua will be their pick and the versatile Jessica will be chosen because of her unusual talent as well as if she can attract many male voters as she is the only rose left among the thorns.

I will be rooting for Jessica.

As all three are already winners in their own right, then let the games begin and let the winner take the coveted title of American Idol home!

We found Love

Wonderful number played to the strains of the violin by Lindsay Stirling.

Beautiful dancers; beautiful countryside.

I enjoyed the music, singing and the wondrous African country-side.

Hope you will enjoy it too!

A Rookie's Training Day

This movie,Training Day,directed by Antonio Fuqua, is a tightly knit movie about corruption among LAPD cops.

It provided the role for Denzel Washington to win the Best Actor award. He could be hot and trigger happy as usual, pulling no punches as he fought for his dues. Sadly, he met the bitter end as there is no honour among thieves.

Supporting him is Ethan Hawke with his sterile performance as a rookie cop that was given the baptism by fire treatment.

As for Eva Mendes, this movie showcased her comely feminine assets that was to open doors to her in moviedom and in modelling.

Good movie.

Temasek May Have Lost its Compass

Yes, you can say it again.

This financial GLC of the city-state of Singapore, has turned into a mythical chimera-part lion goat and serpent.

Combining the aspects of a hedge fund, private equity house and investment bank,it has done some financial gymnastics like flipping over shares in two China banks for a premium of 20% and then buying into another.

with a penchant for private-equity style financial massaging, it turned king-maker in the proposed take-over of the iconic Bank Danamon of Indonesia, forcing Indonesian market regulators to suggest stake caps for foreign ownership of Indonesian banks.

Finally, almost acting like an investment bank, Temasek hired big-hitting bankers like UBS finance director John Cryan to run its operations even clawing back past bonuses when performance fell short.

The consequences of this adventurism has reduced the returns to its sole shareholder, The finance ministry of Singapore. Used to receiving about 15% returns for the past 20 years, it is now receiving a paltry sum of 5% annually.

So too may its investment-bank-like pay which leans heavily on performance Temasek even claws back past bonuses when the fund fails to meet its internal hurdle rate as happened in 2010 This combination could be just what’s needed Temasek’s return to the finance ministry its sole shareholder was below five per cent in 2010 its last reported period — compared with a 20-year average of 15 per cent.

Without healthy returns,its now hard for Temasek to justify the US$155 billion fund’s existence it is operating with. If personal remains sluggish, expect the non-nonsense Singapore authority to do a complete clean-up of Temasek.

Is Khazanah also subjected to fast and hard rules or return or are they just another storage bin for GLCs premiums before selling companies underneath its wings to possibly witless but connected entrepreneurs?