The Hadi Gambit-SunTzu Style?

Goliath

Najib may be popular but this is no Obama-Mitt Romney presidential campaign.

If PAS should allow its President Hadi to take on Najib, it is truly a page from Sun Tzu's Art of War.

Versus goliath

As much as his supporters may claim that he has more national appeal and can canvass around the country to bring in the votes for BN, Hadi'sentry into the Pekan poll will force an encampment of Najib in Pekan- A siege of sort until he is assured of a comfortable margin of victory.

For now, we have to wait whether Hadi will be allowed to contest in Pekan.

Brigadoon-Once in Every 100 Years

Rapture

Took time off from patent editing to watch a 1954 musical called Brigadoon.

A magical village somewhere in Scotland that appears once in every 100 years. Yet for 2 American tourists out shooting ducks, they found it by chance.

Apparently, someone called on the dark forces to preserve this small village forever sacrificing himself in the process.

Adoring

For Frank and Jeff, they had a lifetime of a day with Frank falling in love with Fiona.

Yet they left Brigadoon for New York.

For Frank, love was too strong and he had to go back to Scotland to see Fiona once more and leave no more.

As the tale goes, the magic will come back if love is true and enduring and Frank found Fiona.

The melody of "What a day this has been for the whole human race, it 's just like falling in love" will worm itself into your heart and mind.

Great oldie to watch to take time off.

Time for Tea with Cyd Charisse

Cyd Charisse is mesmerisingly beautiful and her dance with Gene Kelly is truly memorable!

AGM-Some Memorable Events

Better Days, New Chairman

Apparently one of Musa Hitam's last task as Chairman of Sime Darby was to allow a minority shareholder  to speak as he was having difficulty controlling his urine and need to speak before he goes to a urinal.

No, it is no laughing matter but this sort of things do unexpectedly happen.

Sweet Surrender

Today I was at Khee San's AGM at the Mines Wellness Hotel.

The meeting was really brief. No questions asked; only praises heaped on the company's performance and the health of the Chairman.

So, shareholders got one more goody bag of sweets and a RM 15.00 McDonalds voucher.

Good day, Tan Sri Chairman.

See you next year again.

We pray that you will be hale and hearty!

Astro-Killing of its Employees' Investment

Entrapment of the Worst Kind!

This is the second worst performer after UOA Development.

No thanks to the fumbling authorities.

Now the Astro employees who bought the shares at RM 3.00 are suffering as they could have taken bank-loans to procure these ill-begotten 'pariah' shares.

Just like the poor minority shareholders who got the shares through the IPO and those who bought in the market at about that price, they are quietly licking their wounds.

As of today, Astro went as low as RM 2.61. As such those who bought at IPO price have have lost RM 400.00 per lot.

I think the authorities and the company owe these investors a lot of explanation.

Dishes of Disaster!

Unless UOA Development and Astro see some price readjustment upwards, retailers will shun our market.

I am sure the next few IPOs will be dead ducks!

No one will play!

Overdraft Jitters! Ouch!

Helpful debt resource?

Sure, it may be easy cash just when you need it.

A real life-saver.

For me, whenever I get a scam call over my mobile, I will always retort, " No, I do not want a personal loan. Any possibility of an overdraft?"

Overdraft facility are not easy to get. You may need to have huge fixed deposits at the bank for them to consider.

Fortunately, I got mine when they issued a credit card to me as an attraction- a sweetener!.

Carrying until your arms drop!

This one is the cheaper version though it is still higher than the industry overdraft facility. Instead of charging me legal fees for a loan agreement, they take an insurance on the quantum. I had this for more than 20 years and it had served me well.

I am unfortunately having another more expensive one.

The one from a foreign bank is a instant killer.

The interest for the lesser one may be about 8% interest but the latter charges  'an arm and a leg' tariff of 12% a year. The interest runs almost like a fuel meter when you fill up you car with gas! You will run amok if you see the bill at the end of the month!

Poor Graduate Debts

Yes, believe me,it will give you the jitters when you see the charges. Your mood may be bad the whole day long.Even a few day's borrowings can caused a burn in your wallet.

If you do not use it, it will be evaluated every quarterly and shrunk by a proportionate amount. I will let this one out to die on its own because of its Sylockian features that are inhumanely built-in.

As for the other one, I will have to live without it when they take it away.

So, the days ahead may be a frugal time for me.

Whatever it is, with or without overdraft facilities, it is the jitters!

No Loans for Old Men

No Country for Old Men

When you are old, even the banks look at you with disdain.

Don't talk about insurance companies. All policies will be expensive.

Assuming that a person gets a loan to buy a property, he will get the shortest payback period and will have to pay more than a bundle! This is like burning candles from both end.

Equivalent to getting the short end of the stick.

Sorry, no loan-lah!

So, if you want to buy a property, buy it early while you are still working and there are years ahead to pay the installments in a less costly amount.

When you are old, they do not even stipulate that you buy a MRTA-a mortgage reducing term assurance policy.

Even a standby mortgage is useless if you cannot afford to pay back the installments.

If you should 'knock' off, they will just get your next of kin to pay the balance owing or put it on the block to get their money back!

Really, its no country for old men!

Foreign Funds Dumping Telecommunication Stocks?

Least Damage

All you need is one smart alec to say that all the telecommunication shares on BSKL are overvalued.

Then all those foreign fund managers played dunking doughnuts and sold down telecommunication stocks on BSKL,wiping huge chunk of capitalization from Axiata particularly to Digi. Telekom Malaysia (TM)did not fare badly.

Are these really foreign funds?

Most Damage

While you see some traction in the buying up of Axiata shares as it appears to be oversold- down almost RM 1.80 ,there was marginal loss in TM. The one that also got the brunt was Digi.com which had lost almost RM 0.90 sen.

Median Damage

Tomorrow is Friday and it looks like it is a long way to climb back  to their former highs.

Worse, next week has only 3 trading days.