July 22, 2012

Anything I Can Do, Let Me Do It Now

Time and Place
I called it the axis of time and place.

When you can do something for someone particularly if it is life-changing, do it now.

For you may not get to do it again because time passed on.

Today, you are in a position of authority, tomorrow you will on the other side of the fence looking in with nary an iota of power to assist anyone.

I am thankful to God for making me do things that have been life-changing for others when I was empowered without bending any rules or running foul of the law.

I am grateful to be able to serve.


July 19, 2012

BJF-You Can Do No Magic

Starbucks may make big bucks. Not today;not on Bursa Kl.
Evolution for Profits?

The official  inclusion to its RM4.5 million net profit to the bottom line  of BJF caused nary a stare or even a blink in terms of prices.

Right not, BJF is languishing at 95 sen while the OR, traded up to 65 sen on the opening minutes, is back to 63.5, its overnight price.

Granted, these is little free-spread in BJF as Vincent and his cohorts have bought almost all available shares from weak-holders and are keeping them in their stables to earn profits.

Next Tuesday (24 July) , OR goes ex and so it is to Berjaya Times Square with your drafts and OR letters.

Please remember the RM10 revenue stamp,won't you?

PS:  BJF closed down 2.5 sen to 93.5 sen while BJF OR closed up 2.5 sen to 66 sen.

BJFoods-Will It Go Up?

Starbucks is In!
Today, it was announced that Starbucks has been formally taken over by BJFoods.

Will that push the price up or is it a given that only attract little interest?

There was some slight interest in BJF at the end of day with the share moving up 1.5 sen to 96 sen.

The OR traded up 2.5 sen to 63.5 sen.

Tomorrow is Friday and so there will be see-saw trading.

I do not expect much demand for BJF tomorrow.

Monday will be the last day for trading of the OR.

BJ Assets-To be Taken Private or conversion to a REIT or....

Going REIT?
BJ Assets just reported to Bursa KL that they have not met the public spread requirements.

They will, however, seek the the exemption from of Bursa for this requirement.

Now, just like BJFoods, most of Berjaya counters do not have as wide a spread for more animated trading.

So, what can we expect from this?

Landmark for Privatisation or REIT?

Vincent Tan has just bought another big chunk of BJ Assets. That means more shares are taken out from retail trading.

So, what are the possible scenarios to expect for BJ Assets?


First scenario-take BJ Assets private-possible but unlikely.


Second scenario- create a BJ Assets REIT leaving BJ Assets as a pure gaming play-Very likely.


The highest price achieved was RM1.04 on 12 July with high volume with the lowest at 78 sen traded in May-June period.


A fair price for entry would be in the lows of 80 sen.


So, let us watch this counter. It is now trading at 92 sen.


July 18, 2012

Traffic Stopper in China

A Naked salute!

This man sure knows how to stop traffic. It happened in China.

This is Malaysian English

What an English! Gomen Style

Wahloi, so daring one............

Bodoh sombong one...lah..........

COM: 35 Questions in One Hour

Halls of Power
I have just got back from splendorous Putrajaya after walking in the Halls of Justice.

At 2.30 pm, the examination started and this time they were very much more professional. The briefing did not eat into exam time, not like last year with that jabbering officer.

Interestingly, it was all MCQ and to my judgment it was a breeze though they threw in some barbed non-law questions.

I finished it in record time of 30 minutes and left the hall in triumph with God's blessings surrounding me. I was in cheerful spirit.

Fair Lady of Justice
Believe me, it was great to have all those calun  sitting for the exam watching you leave the hall. Two more candidates left after me. Magnificent trio!

Not like last year when they killed us carnage-wise with a 90% subjective question format.

So, what is the exam all about this year?

Let me recap......

Three questions was on the Chief Justice, two questions of fees, a question to test your understanding of the doctrine of the separation of power, some questions of qualification, appointment and reappointment, change of business address, power to inspect, details in a register, some test of the Statutory Declaration Act, 1960,  duties of a Commissioner, the Malaysian Constitution,display of appointment letters,appropriate text of powers, conduct and duties, power of revocation,some mathematical computation of fees to be paid  for affidavits and exhibits and penalties.

Fate Awaits 
What could be troubling are those answers with options like:

a) I, II and III
b) All the Above
c) Only I and II
d) Only II

So, if you are not good in your memory work, it could be daunting.

I was however amused by questions on the diameter of the seal and the dimension of the name tag. Not many would know these dimensions because these are truly not legal matter question but meant to outsmart you with retort like, " Got ya!".

They need to test more on substantive legal matters and not design specifications.

I spoke to an elderly candidate (Not that I am any younger) and he told me he took a similar examination in January this year and thought he got at least 90% of the answers correct. Yet he got a dukacita letter that he flunked!

Well, I do not know whether I aced it this time though I want to believe so.

Anyway, let me think about setting up shop if I do passed with God's grace.