What counter is this

1997 51 cents
1998 26 cents
1999 20 cents
2000 25 cents
2001 28 cents
2002 50 cents
2003 38 cents plus special dividend of 170 cents
2004 26 cents
2005 45 cents
2006 51 cents

Share price is RM 5.00

Average return is 53 cents per annum

Equal to 10.60% per annum

So it is hard to beat 10% return per annum?

Plus capital appreciation is not included.

The counter is Berjaya Sports Toto

High dividend with consistent return

For those who like FD, I strongly recommend to buy this counter.

Adios

One of blog use

Well, I lost my phone today but manage to get back my number in maxis centre. So need you guys help. Please forward your contact to me again cause I do not have your guys contact anymore. Thanks.

Jokes

What is the STRONGEST muscle? TONGUE- It can raise a woman's hip with just one lick!.

The lightest muscle? Dick! It can be raised by a woman's tongue!


Man to wife: Business is bad if u learn 2 cook we can remove servant.

Wife: ASSHOLE! If u learn how to fuck we can remove driver, gardener & watchman..

A baby dog asked mama dog how papa look like?
Mama dog reply: How I know. Your papa came from behind & I didn't have chance to see his face"!

A nun went 4 a urine test. The sample got mixed up. When the doctor told her she was pregnant, she cried n said," Shit, we can't even trust cucumber anymore.!

Singapore or Dubai

A friend of mine is offered job in Singapore. His pay is much higher after conversion to ringgit Malaysia. His pay is more than 5 figure after conversion. I wonder how many Malaysian who work in Malaysia actually enjoy this pay. Malaysian can speak and write multi language.

If we stay in Malaysia, our pay definately will not reach 5 figure unless we are top management in MMC or Public Listed company.

Another guy I heard who work in Dubai in the mid 20 are earning not only 5 figure salary but the company also give a lot of ESOS (share option) to him. And this company is listed in Malaysia where the shares was worth RM 2 few months back. Now the shares are worth more than RM 12 before share split. I think this guy can bring one million ringgit back to Malaysia for working in oversea for few years.

Another friend of mine is only earning few thousands in Malaysia but went to Macau lately. Just imagine how much he is earning when he say this word " Whatever I want, I will buy and I spend money until do not know how to spend yet I can still save RM 5000 per month"

So for those who think they have potential, try to explore oversea cause you just need to work for few years and become millionaire.

Adios

Auction property

There are some hot properties around Kajang area. That day I saw a unit of condo in Kajang auction for 86k. The build up is 1318 sqft. How much is the market value?

I have not been to the unit but for a basic unit without renovation, it can fetch easily RM 160,000 in the market.

What a bargain.

Bond back by hire purchase

KUALA LUMPUR: CIMB Bank, plans to sell up to RM10 billion in asset-backed bonds over 20 years, the company said on Tuesday.

The paper, backed by car loans, would have maturities of one, three, five, seven and eight years with the first tranche of RM505 million to be issued next month, said Patrick Khoo, CIMB Bank's head of securitisation and structured finance.

The US subprime mortgage crisis has jolted global credit markets, scuppering some planned bond sales.

But the bank was confident demand for the paper would be strong despite the current market turmoil.

"The ringgit market is relatively insulated," said Lee Kok Kwan, group treasurer of CIMB Group.

"The good thing about Malaysia, relative to its peers in the region, is that the local currency debt market here is very developed. Therefore the exposure to USD assets, USD credit is very limited."

Malaysian Rating Corp (MARC) had said in a statement late on Monday that the bonds would be issued in three classes, to be rated AAA, AA and A+.

One tranche of the bonds would be backed by interest and principal payments from hire-purchase loans that had been given to buyers of new Proton cars, MARC said.

These loans were originally made by CIMB, a unit of financial group Bumiputra-Commerce Holdings Bhd, on behalf of Proton Commerce Sdn Bhd, a joint venture between CIMB and Proton Edar, a distributor for car-maker Proton Holdings Bhd. - Reuters



This look good because Proton cars interest rates are high. Instead of financing the car loan with own capital, CIMB use the bond holder money to finance car purchasers and in return, they make money from there.

Bank Loan

Any idea which bank loan is better?

CIMB offer

1st year fixed 3.80%, second to third year BLR - 1.50% and thereafter BLR - 1.60%

Monthly instalment for loan RM 220,000 30 years tenure zero entry cost

1st year RM 1025
2 to 3 year RM 1209
Thereafter RM 1197

Pangsapuri Sri Ampang, Jalan B/5, Taman Dagang Ampang

My friend looking to sell his 6 units of apartment with full condo facilities.

Anyone interested can call me.

Pangsapuri Sri Ampang, Jalan B/5, Taman Dagang 68000 Ampang

Selling price is RM 245,000 each unit

Unit rental instalment

B-10-02 1,400 RM 1200


B-18-02 1,500 RM 1200


B-18-01 1,500 RM 1200


B-17-02 1,500 RM 1200


B-17-01 1,500 RM 1200


B-16-01 1,400 RM 1200


Unit no B-10-02 come with 3 bedroom + 3 bathroom
1' x 1' tiles
kitchen cabinets
swimming pool + gym facilities
3 x air cond
KLCC view
Corner unit
2 car parks
Build up 1141 sqft

The other units come with 3 + 1 bedroom + 3 bathroom
2' x 2' tiles
kitchen cabinets
swimming pool + gym facilities
3 x air cond
KLCC view
Corner unit
2 car parks
Build up 1141 sqft

All tenants are Korean except unit no B-17-02 tenant is Malay.

I consider this as good investment and rental income is high. Furthermore most tenant there are Korean and units come with tenant. It is a very good investment. I am looking for one unit myself.

Investment for retirement

It cross my mind why I buy property. Well, my answer is for early retirement. Last time, I heard of people saying to make their first million is the hardest. For me, only a few well connected or super smart guys can make their first million.

For a normal person like me, I have to stop dreaming of making million. Ultimately, we work for money and for retirement.

Some people work because they enjoy their job. Yes I do agree with them but ultimately, if you can find a cashflow to sustain your monthly expenses and yet can work on what you like, will it be better.

So property is the best solution. It will be tough on earlier stage but sooner, when the time pass, we will be able to see result.

Good luck for those who start investing in property.

Credit card usage

My friend taught me how to maximise the credit card usage. As we know, bank in Malaysia allow 20 days interest free periods for purchase. The trick is very simple. You need to know what is the posting date for your credit card statement.

Assuming posting date is first of every month.

So assuming you are using credit card to buy a product on the first of April (let assume)

Because on the date, bank already send statement, the next statement will be on May

On first of May, bank send statement, there will be 20 days grace period to pay the bill.

So your exact date is on the 20 May to pay the bill

THERE YOU MAKE 50 DAYS INTEREST FREE PURCHASE.

But be careful. Learn to manage your finance and this is just short term method to buy time.

Exchange traded funds

Exchange-traded funds, or ETFs, are investment companies that are legally classified as open-end companies or Unit Investment Trusts (UITs), but that differ from traditional open-end companies and UITs in the following respects:
ETFs do not sell individual shares directly to investors and only issue their shares in large blocks (blocks of 50,000 shares, for example) that are known as "Creation Units."
Investors generally do not purchase Creation Units with cash. Instead, they buy Creation Units with a basket of securities that generally mirrors the ETF抯 portfolio. Those who purchase Creation Units are frequently institutions.
After purchasing a Creation Unit, an investor often splits it up and sells the individual shares on a secondary market. This permits other investors to purchase individual shares (instead of Creation Units).
Investors who want to sell their ETF shares have two options: (1) they can sell individual shares to other investors on the secondary market, or (2) they can sell the Creation Units back to the ETF. In addition, ETFs generally redeem Creation Units by giving investors the securities that comprise the portfolio instead of cash. So, for example, an ETF invested in the stocks contained in the Dow Jones Industrial Average (DJIA) would give a redeeming shareholder the actual securities that constitute the DJIA instead of cash. Because of the limited redeemability of ETF shares, ETFs are not considered to be梐nd may not call themselves梞utual funds.
An ETF, like any other type of investment company, will have a prospectus. All investors that purchase Creation Units receive a prospectus. Some ETFs also deliver a prospectus to secondary market purchasers. ETFs that do not deliver a prospectus are required to give investors a document known as a Product Description, which summarizes key information about the ETF and explains how to obtain a prospectus. All ETFs will deliver a prospectus upon request. Before purchasing ETF shares, you should carefully read all of an ETF抯 available information, including its prospectus.
The websites of the New York Stock Exchange, American Stock Exchange and NASDAQ provide more information about different types of ETFs and how they work. An ETF will have annual operating expenses and may also impose certain shareholders fees that are disclosed in the prospectus.
Currently, all ETFs seek to achieve the same return as a particular market indexes. Such an ETF is similar to an index fund in that it will primarily invest in the securities of companies that are included in a selected market index. An ETF will invest in either all of the securities or a representative sample of the securities included in the index. For example, one type of ETF, known as Spiders or SPDRs, invests in all of the stocks contained in the S&P 500 Composite Stock Price Index.

What happen to mortgage loan that makes market crash

Let's look at an example of a typical mortgage company, call them ABC Mortgage Sdn Bhd.
Let's say on a given day ABC commits to fund $500 million in mortgages (these are examples, but in the ballpark of a typical large lender).
ABC Mortgage Sdn Bhd will not typically hold any of these loans. Instead, they will sell them in the secondary mortgage market

But that takes time. In the meantime, they have to close the loan and give the money to the home seller. They don't usually supply the money from their own coffers. They go out and borrow it. They get loans from lenders to cover that gap. This is known as a "warehouse line." These loans will be repaid once the loans are securitized in the secondary market. They are only short-term.

Here's the problem. The lenders are now saying we will give you the money, but the collateral that you are basing the loans on are worth less, so we will lend you less money than you wanted. On top of that, the loans you have already made may be worth less, so we are asking you to put up more money. This is called a "margin call."
To boot, the people at the other end of the deal--who will buy the loans in the secondary market--are demanding a lower price and a higher yield. The mortgage banker is getting squeezed at both ends.

Look what happens when they try to sell the loan (actually pools of loans) into the secondary mortgage market. Let's look again at that $500 million in loans that ABC Mortgage Sdn Bhd just originated on one day.
Of the $500 million, perhaps $400 million will be "conforming" mortgages that will most likely be sold to KBS or XYZ

The remaining $100 million are "nonconforming" and must be sold into the private market. Who will buy them? Hedge funds, insurance companies, and average investors.
These loans would typically be sold at a profit--so, for example, $100 million in loans would be sold at $101 million ("par plus one" in lending terms) for a $1 million profit.
But now investors are saying they won't take that--they will only buy the $100 million in loans for, say, $95 million. But if that happens, ABC Mortgage Sdn Bhd loses $5 million in value and $1 million in profit. They can only fund the mortgages they have committed to if they make up the $5 million shortfall from their own company. If this happens just one day, it's no problem--but if it happens every day for weeks, and the company thinks this is not going to end for months, the company may have to close its doors or renege on its loan commitments. At the very least, it will have large losses.

Look for counters with high dividend

When market fall, rule of thumb is not to buy.

There are hidden jewels in the falling market. I have noticed a few counters that offer high dividend yield. What does that mean. Assuming a counter share are trading for RM 4.00. The dividend for this share at par of RM 1 is RM 0.40. That mean the dividend yield is 10%.

So when the counter fall to RM 3.60, how much is the dividend yield? That is RM 0.40 divide by RM 3.60 equal to 11.11%

One of my favourite counter is Berjaya Sports Toto. This counter has been paying dividends of around 10% per annum. Beside that, it also enjoy capital appreciation.

This is not recommendation to buy but an idea how to beat Fixed Deposit low return. Although FD is risk free, I do not encourage FD as investment but as 6 months emergency cash use. So asset allocation for FD assuming your expenses is RM 5,000, you can allocate RM 30,000 into FD. Then all your remaining cash can be use to invest.

To reduce risk and maximize return, go for high dividends counter with growth potentials.

Any recomendation?