JB property is at the peak of madness now.
Almost everybody that purchases an apartment or landed property is assuming that some other people will buy from them later for a higher price.
Most of them don't believe that an actual human being will stay inside their property. Even if they believe so, they're having a very wild imagination that the whole empty land in Nusajaya will transform into something like Hong Kong or Macau.
I'm born with a persistent curiosity to seek about answers of things or problems that I care.
This persistent behavior has brought a lot of pressure to myself and also to the people around me.
My curiosity spans in all kind of field whether it's business, finance, economies, programming, science. Whenever I see an interesting question, I wish to find out about the answer.
There's an ambiguity answer about my health.
In my memory, I grow up with two consistent problems, mouth ulcers and painful anal bleeding.
The rural people do not know the truth. The vote they just throw into the electoral box has exchanged them the biggest tax on poor in Malaysia's history.
GST is designed to tax everyone who spends. To the rich in Malaysia, 6% is barely nothing consider that they don't really spend as much as they earn. As the government promises to balance GST by reducing corporate tax and personal income tax, it is certain that the rich will become richer.
Thanks to my soon-to-be ACCA accountant brother, I'm able to pick up a new skill called - Studying the cash flow.
I always thought that cash flow does not matter as long as the company is making money.
After 3 hours of hellish training, I suddenly see how lively cash flow is.
Income statement and balance sheet is about performance while cash flow is about activities of company and healthiness.
A company can earn big deal of money but facing bankruptcy in near future if they couldn't manage their cash well.
On the night of 5th August 2012, thousands of Malaysian tune in their TV to watch the Olympic badminton final between Dato Lee and Lin Dan.
This is one of the very rare moment that we feel so close to each other. Our cheer and shout ripples across the country. Together we hope, for a Malaysia dream.
The dream is shattered when Lin Dan bursts out from the court with a 21-19 close victory. It's a heart-broken night
So close, so close..
I think I decoded the last ultimate calculation.
It's so simple and easy, but we just forget to look at it.
The basic of accounting.
I have a wrong concept stuck in my mind recently.
I thought that I would rate a stock with EPS Growth better than another stock without EPS Growth.
But somehow it doesn't make sense.
A lot of good stocks that I know are rated lower because of this concept.
Then, while looking at Berjaya Sports Toto's datasheet, I realize that I make a big mistake.
Some ultra stocks don't have EPS Growth because they have been distributing all their earning as dividend.
All of sudden, I realize that Malaysia's companies aren't that bad.
There're quite a lot of underdogs and good value companies.