Many of us doesn’t know that we can check the flights which has taken off from an airport to another. Here’s the link for KLIA and LCCT:
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DuPont™ Granite & Marble Cleaner + Protector
http://www2.dupont.com/Stone_Care/en_US/applications/usingprod_pgs/directions.html
Directions: Spray
1. Spray directly on soiled area.
2. Remove solution using a dry towel, lintfree cloth or sponge. No need to rinse.
3. Repeat for heavily soiled areas.
http://www.doityourself.com/stry/marble
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As quoted in The Star Newspaper:
“In 2010, unresolved public debt both at the national and foreign level grew by RM41.76bil and RM2.96bil respectively compared with 2009. “The national debt level totalling RM390.36bil accounts for 95.9% of the Federal Government’s total debt,” auditor-general Tan Sri Ambrin Buang said in the report.
He pointed out that the ratio of the Federal Government’s debt to gross domestic product at the end of 2010 was 53.1%, which was over 50% for the second year in a row. The national debt level is governed by various laws that impose a debt ceiling for the Government. Under Act 637 of the Loan (Local) Act 1959, and Act 275 of the Government Investment Act 1983, it is stated that the combined loans raised domestically should not exceed a ceiling of 55% of the nation’s GDP.
Meanwhile, Act 403 of the External Loans Act 1963 limits external loan exposure to RM35bil. The report also revealed that in 2010, the Government received revenue totalling RM159.65bil, which was an increase of RM1.01bil (0.6%) compared with RM158.64bil in 2009.”
53.1% versus the cap of 55% of combined loan? Seriously this is dangerous and if we’re unfortunate like Japan who got hit by earthquake/tsunami and Thailand who recently got hit badly by flood, it’s high time that we’re going to face a Malaysian version of debt crisis.
Our BN government should manage our country’s finance more prudently. It’s undeniable that with many Malaysians are short-sighted with the handouts from the government and praising the government for the small change. Wake up, Malaysians! It’s time to look at the bigger picture! We’re born here and we belong here. If a new version of debt crisis happen here in Malaysia (take a close look at Greek and US), we’ll end up poorer due to interest rates and devaluation of currency. Every Malaysian who has asset park in Malaysia can’t escape this. So, it’s high time for us to send this message to our finance minister that the country is still not managing things prudently. Remember to cast your votes in the upcoming election, ladies and gentlemen.
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I was a little too busy to look at the technical charts before the crises set in. For the first wave of sudden decline, we can see that there’s still a potential of a quick rebound. However, with the recent sell-down, it’s double confirmed that we’ve moved into a bear market situation. Not only it broke the 50 days moving average but it broke the 200 days moving average a lot!
Recently, Ringgit weaken against US dollar, suggesting that a lot of funds are withdrawing from our market (herd mentality) and converting back to US dollar (US investors sold Ringgit and buy US Dollars). Foreign participation remains high at 25% on Friday (23/9/2011). However, I believed that most of them are in a panic selling mode. Time to cash up wait for the opportunity for big discounts!
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Due to the recent hike in food prices (eg. chicken, sugar etc) and energy prices, many are wondering that are we earning enough to cover for the inflation?
Take a look at year 2004 vs year 2009, our household income increased 4.4% on average. With real inflation hovering around 5-6% and published inflation around 3-4% per year, what we’re earning today is either less or the same as what we’re earning before. No lifestyle upgrades are possible for Malaysians.
Extracted from Sunway REIT Annual Report Page 53 of 81
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Sunway Berhad
No. of Shares: 1,292,505,004
Market Cap: RM2.3 billion @RM1.74 closing price
Cash in Hand: RM995 million
Current Ratio = 1.5 times
Last Quarter increase in cash = RM140 million.
RM91 million comes from REIT income (Quarterly result – profit is RM200million for the group) ~ 45%
(36% of 2,689,266,300 shares of SUNREIT is owned by Sunway Berhad, so it has 1,032,935,868 shares in SunREIT)
Income contributed by SunREIT per year is (1032935868*0.0658=)RM67.967 million/ EPS=5.26 cents.
Per Quarter is 1.315cents.
Defensive income is only 5.26 cents(without taking into consideration of increase in property valuation) + (speculative 8 cents from other division) = 13cents!
Recommend: Liquidate now and buy back later at lower price when market corrects again.
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http://www.mysurvey.com.my/
www.surveypolice.com
1. Harris Polls
Harris is the Cadillac of survey sites. Their research is well-respected and frequently cited; the number of points awarded per survey is generous; and there are lots of rewards to choose from – gift cards, prizes and sweepstakes entries.
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2. ZoomPanel
If you’re looking to earn rewards quickly, ZoomPanel is the survey site to join. They typically send out several survey invitations each week, and have a great collection of rewards to choose from – the latest books and movies, electronics, appliances, jewelry, home decor, charitable donations and more.
3. Opinion Place
Run by AOL, this survey site let’s you choose from one of five rewards: Amazon gift cards, PayPal credits, AAdvantage Miles, AOL credits or sweepstakes entries. Rewards are instant rather than accrued. Nice if your looking to add a quick pick-me-up to your day.
4. CVS Advisor
Okay, I’m giving up one of my best-kept secrets here, but CVS Advisor is a must-join site. You’ll probably only get a few survey invitations a year, but you’ll want to respond to those invitations when they come. They reward participants with Extra Care Bucks, and it’s not uncommon to receive $10 in ECBs for participating in a single survey.
5. Survey Savvy
If you like instant gratification and cash, Survey Savvy is the site for you. Each survey is assigned a dollar amount based on the length of the survey, and you can request a check for your earnings at any time.
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Sunright limited is involved in burn-in test business, a unique business which requires quite a lot of capex and lots of depreciation due to forever changing semiconductor design and products.
Earnings:
2011 – 2.7cent/share
2010-1.4cent/share
NTA – 62cents (2011)
Thinly traded with minimal borrowings. would say Net cash – Cash 15million SGD, borrowings – 4million SGD
Sunright Ltd owns significant amount of shares in its associate company – KESM Malaysia.
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