Sunday, October 28, 2007

I found this photo in my computer

The photo was removed. Writer are not responsible for all the legal suits and damaged incurred by contents and photo in the blog.

500 figure

Finally, the blog hit 500 marks. Would like to thanks everyone for visiting the blog. There will be more to come.

Thursday, October 11, 2007

5 points

http://www.giatmara.edu.my 80 students


http://bpkk.politeknik.edu.my 800 students


Island & Peninsular 700 acres



Gamuda 400 acres


Inch Kenneth Kajang 700 acres

Wednesday, October 10, 2007

PE ratio

picking of Low Pe stock. :-

GEARING = Asset vs Debt

Gearing below 0.5 ( U hv cash $1.00 vs debt of 0.50 )is considered healthy

0.5 to 0.8 ( Cash 1.00 vs debt of 0.50 to 0.80 ) considered normal n acceptable

U should avoid Low PE stock which gearing exceeded 1 !

gearing exceeded 1 means u hv $1.00 but u hv debt more than $1.00

One classical example := Megan

Megan was once stood at PE 2+ (50% return per annum ), in d same time its gearing almost touching 2, in short :- they hv one dollar in hand n also 2 dollars in debt .

If u r not from accounting back ground to find out what is its gearing stand from balance sheet, u can either find it from osk data base or the edge .

FYI, Plenitude is one of d million that having gearing of ZERO ! Low PE(7) plus high NTA >5.00 ( its current NTA 3.20 was calculated in year 2000, by now it should worth >5.00 at least ) ^V^

Monday, October 8, 2007

Hehe

Customer : Waiter, do you serve pigs?
Waiter : Please sit down sir, we serve everyone.

Lady : Is this my train?
Station Master : No, it belongs to the Railway Company.
Lady : Don't try to be funny. I mean to ask if I can take this train to New Delhi .
Station Master : No Madam, I'm afraid it's too heavy.

Monday, October 1, 2007

A joke a day

Ah Beng's Night Course


Ah Beng went to take night courses with the reasoning in future can get promotion or better job.
During work, Ah Beng likes to show off to Ah Seng about his knowledge.

Ah Beng: Ah Seng ah... I've been taking night courses for 3 months already, next week is the exam.
Ah Seng: Oh... Good luck ah.

Then Ah Beng started show off...

Ah Beng: Ok, I test you, who is Graham Bell?
Ah Seng: Don't know
Ah Beng: He is the inventor of phone la... in 1876, see... if you take night courses, you would know this.
Ah Seng: *speechless*

The next day, Ah Beng shows off again...

Ah Beng: Ah Seng ah... let me ask you, who is Jean Jacques Rousseau?
Ah Seng: Wash your toilet one ah?
Ah Beng: No! He's the author of "Confessions", nah nah nah... told you already, if you take night courses, you would know this.
Ah Seng:.........................*speechless + frustrated*

The next day, once again...

Ah Beng: Do you know who is Alexander Dumas?
Ah Seng: Your gay partner?
Ah Beng: Choiii!!! If you don't know don't simply answer la. He's the author of "The 3 Musketeers", if you take night courses, you would know this.
Ah Seng: .......................*speechless + frustrated + irritated*

This time.... Ah Seng cannot tahan (stand) anymore and ask Ah Beng...

Ah Seng: Eh... Do you know who is Ah Kaw?
Ah Beng: Errrr... No!
Ah Seng: He's the guy sleeping with your wife!! If you stop night courses, you would know this!!

Ah Beng: ........................*fainted*

Wednesday, September 26, 2007

Oil price is getting higher

Tight oil supplies, red-hot global demand and a weakening dollar will boost average oil prices to a record level next year, a Reuters poll showed on Wednesday.

Analysts raised their average 2008 oil price forecast for U.S. crude to $67 a barrel as many believe the current rally will continue well into next year. The forecast surpasses the record average of $66.24, reached in 2006.

"Behind the market tightening, we see global oil demand accelerating in the second half of this year and maintaining strong momentum through early 2008," said independent analyst Geoff Pyne of Enerpyltd.com.

Falling U.S. crude stocks, concern about storm damage to Gulf of Mexico oil installations,
a half-point cut in key U.S. interest rates and a weak dollar have pushed oil to a record
$83.90 a barrel this month.

Analysts forecast oil prices to finish strong this year with U.S. crude averaging $69.82
in the fourth quarter. The average 2007 oil price is estimated at $66.07, slightly lower than
last year due to the market's brief dip below $50 in January.

"For the balance of this year, we do not see much downside given current OPEC production
trends," said Harry Tchilinguirian, senior oil analyst at BNP Paribas.

"And the usual geopolitical suspects -- Iran, Iraq, Nigeria, Venezuela -- will feature again prominently next year," he added.

The Organization of the Petroleum Exporting Countries pledged this month to raise oil output by 500,000 barrels per day from Nov. 1, but the move did little to soothe consumer
concerns that supplies may run thin this winter.

Oil Falls Below $80 as U.S. Crude Inventories Rise Weak Dollar Central to Oil Price BoomWal-Mart to Look at Suppliers' Energy EfficiencyKazakhstan Government Allowed to Break Oil ContractsMore Energy News
Analysts' 2008 forecasts for U.S. crude showed a wide divergence of $27. Goldman Sachs,
the most bullish in the poll, predicted WTI crude to average $85 next year with prices
climbing as high as $95 by the end of 2008.

Analysts believe prices will peak in 2008 with average U.S. crude prices declining to $62.74 the following year and $59.41 in 2010.

This news come from CNCB.com