Archive for March, 2009
Oh Comsa!
by admin on Mar.28, 2009, under Where is Ze Moola?
Was reading the following article: Tipping point – the fall after the rise A sell-down often takes a spiral course. When the share price dives, many shareholders are compelled to sell, further depressing the price. And on it goes.It gets worse when investors borrow to buy shares. When the market value of the shares drops drastically, the banks or brokers will seek to limit their exposure by maki……
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Malaysian Loan Sharks Hire Women to Shame Defaulting Debtors
by admin on Mar.27, 2009, under Where is Ze Moola?
Malaysian Loan Sharks Hire Women to Shame Defaulting Debtors March 27 (Bloomberg) — Malaysian loan sharks have a new weapon in their growing struggle to get borrowers to repay debts: beautiful women.“They go to your office or house and sit there” to shame you into paying, said Michael Chong, 60, who has worked for two decades as a mediator between the illegal lenders and their debtors. “If ……
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Prem Watsa: The 2 Billion Dollar Man!
by admin on Mar.27, 2009, under Where is Ze Moola?
On Toronto Life : The $2-Billion ManPrem Watsa is the richest, savviest guy you’ve never heard of. He predicted the crash of ’87, the Japanese collapse of 1990 and last year’s meltdown, which he parlayed into a huge payoff. Now he’s gobbling up shares at rock-bottom prices. What he knows and why you should pay attention By Alec ScottTwo years ago, in April 2007, the Dow Jones Industrial Av……
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T. Boone Pickens sees oil at $75 by end-2009
by admin on Mar.27, 2009, under Malaysian Turtle
Wanna bring on another guru that most people begins to ignore. It’s interesting that media devotes only one to two liners on crude oil forecast. One of the most difficult things to verify an old-investment* theses is when everybody is bearish. It’s very difficult to find materials. We got to respect a man like this as he was firmed with his conviction that oil is going to go up when it was at $ 40……
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Want Higher Salaries, Don’t We All
by admin on Mar.27, 2009, under Malaysia Finance
How do you like our graduates being paid starting salaries of RM4,000 - RM5,000 per month? That is quite achievable but we need to do some things first.What is galling is that its 2009 and we still pay fresh graduates around RM2,500 a month. Geez, I still remember its 1995 and we were paying graduates the same rate!!! What went wrong?The fact is only about 10% of the working public pay any taxes i……
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Ten Trillion And Counting!
by admin on Mar.26, 2009, under Where is Ze Moola?
On PBS Frontline: Ten Trillion And Counting! (you have to go there to see the whole video!)The journey begins as FRONTLINE correspondent Forrest Sawyer takes viewers to a secret location: the Treasury’s debt auction room, where the U.S. government sells securities backed by the “full faith and credit of the United States.” On this day, the government is auctioning $67 billion of Treasury securitie……
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Malaysia REITs - The Sunrise Industry
by admin on Mar.26, 2009, under Horizon.my
It is high yielding, way cheaper than valuation and thrives in a low interest rate environment.
Real Estate Investment Trusts (or REITs) have really come a long way in Malaysia over the past four years. Since the listing of Axis REIT in August 2005, the market capitalization of Bursa Malaysia REITs ………
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Overly Aggressive Retrenching Is A Western Disease
by admin on Mar.26, 2009, under Malaysia Finance
Every time recession hits, its the MNCs who will be the first to retrench workers. Yes, you can argue that on an export destruction platform, but that is just part of the real story. Generally, local companies “are not as quick” to fire or retrench staff than say MNCs.If you look at what has been happening around the world, almost all listed companies have enforced some sort of retrenchment or co……
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Hedge Fund Top Earners
by admin on Mar.26, 2009, under Malaysia Finance
Even with such an exceptionally bad year like 2008, many regular top hedge fund earners still make their billions. James Simons will always stay near the top because of his patented trading software which spots the oversold and overbought areas and ekes out the differences. Still, we should feel sorry for James Simons because he made only $2.5bn in 2008 compared to $3.7bn in 2007. Simons’ fund doe……
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V-Shape Economic Rebound For Malaysia
by admin on Mar.26, 2009, under Where is Ze Moola?
Erhm… published on Business Times: ‘Economic rebound will be V-shaped’ ‘Economic rebound will be V-shaped’Published: 2009/03/26ECONOMISTS are optimistic that Malaysia’s economy will quickly rebound this year after it shrinks, or an event commonly known as a V-shaped recovery.Bank Negara Malaysia’s newly-appointed assistant governor Dr Sukhdave Singh said at worst, Malaysia’s economy will contrac……
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