Wednesday, August 29, 2007

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.

Monday, August 27, 2007

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.!

Saturday, August 25, 2007

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

Thursday, August 23, 2007

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.

Tuesday, August 21, 2007

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