Great analysis and understanding between Asian culture and Western Logic.
Key: Blue --> Westerners Red --> Asians
The below is the contrast between a western and versus asian cultures, are they true? Enjoy reading.
(1) Opinion
Westerners: Talk to the point
Asians: Talk around the circle, especially if opinions are different
(2) Way of Life
Westerners: individualism, think of himself or herself.
Asians: enjoy gathering with family and friends, solving their problems, and know each other's business.
(3) Punctuality
Westerners: on time.
Asians: in time.
(4) Contacts
Westerners: Contact to related person only.
Asians: Contact everyone everywhere, business very successful.
(5) Anger
Westerners: Show that I am angry.
Asians: I am angry, but still smiling... (Beware!)
(6) Queue when Waiting
Westerners: Queuing in an orderly manner.
Asians: Queuing?! What's that?
(7) Sundays on the Road
Westerners: Enjoy weekend relaxing peacefully.
Asians: Enjoy weekend in crowded places, like going to the mall.
(8) Party
Westerners: Only gather with their own group.
Asians: All focus on the one activity that is hosted by the CEO.
(9) In the restaurant
Westerners: Talk softly and gently in the restaurant.
Asians: Talk and laugh loudly like they own the restaurant.
(10) Travelling
Westerners: Love sightseeing and enjoy the scenery.
Asians: Taking picture is the most important; scenery is just for the background.
(11) Handling of Problems
Westerners: Take any steps to solve the problems.
Asians: Try to avoid conflicts, and if can, don't leave any trail..
(12) Three meals a day
Westerners: Good meal for once a day is sufficed.
Asians: At least 3 good meals a day.
(13) Transportation
Westerners: Before drove cars, now cycling for environmental protection.
Asians: Before no money and rode a bike, now got money and drive a car
(14) Elderly in day-to-day life
Westerners: When old, there is snoopy for companionship.
Asians: When old, guarantee will not be lonely, as long as willing to babysit grandkids.
(15) Moods and Weather
Westerners: The logic is: rain is pain.
Asians: More rain, more prosperity
(16) The Boss
Westerners: The boss is part of the team.
Asians: The boss is a fierce god.
(17) What's Trendy
Westerners: Eat healthy Asian cuisine.
Asians: Eat expensive Western cuisine.
(18) The Child
Great analysis and understanding between Asian culture and Western Logic.
Westerners: The kid is going to be independent and make his/her own living.
Asians: Slog whole life for the kids, the centre of your life.
Time is the most valuable resources, a precious commodity and precious asset on earth. Without it, where will we be? Therefore, do not spend it but use it wisely and efficiently to maximize our opportunities and dreams, hence manage and balance our time to our priority.
Monday, December 27, 2010
Friday, December 24, 2010
Tuesday, December 21, 2010
Friday, December 10, 2010
Landmarks advances on CIMB report
The following news out is real impact on the said coy n now I felt like eyeing on it and let see how the market goes, but should be careful as today is Friday or pples book for profit for the weekend.
Written by Joseph Chin
Friday, 10 December 2010 10:11
KUALA LUMPUR: Shares of Landmarks Bhd climbed in morning trade on Friday, Dec 10 after CIMB Research said the property company was trading at a hefty discount of more than 70% to its estimated RNAV of RM4.81.
At 10.06am, Landmarks was up 14 sen to RM1.51 with 13.60 million shares done.
The FBM KLCI fell 1.37 points to 1,519.92. Turnover was 323.81 million shares valued at RM429.18 million shares. Losers led gainers 233 to 208 while 229 stocks were unchanged.
CIMB Research said Landmarks was trading at a hefty discount of more than 70% to its estimated RNAV of RM4.81. Investors are currently valuing the Bintan landbank at only slightly more than S$3.00 (RM7.20) psf.
“At 50% discount to its RNAV, the stock would be worth RM2.41. Landmarks has been a laggard this year, trading sideways since September 2009. YTD, the stock has eked out a mere 5% gain compared to 18.8% for the KLCI.
“We expect the stock to catch up soon. Furthermore, Landmarks’ current share price is way below Genting’s entry cost, which we estimate to be RM1.70-RM2 a share,” it said.
The following news out is real impact on the said coy n now I felt like eyeing on it and let see how the market goes, but should be careful as today is Friday or pples book for profit for the weekend.
Written by Joseph Chin
Friday, 10 December 2010 10:11
KUALA LUMPUR: Shares of Landmarks Bhd climbed in morning trade on Friday, Dec 10 after CIMB Research said the property company was trading at a hefty discount of more than 70% to its estimated RNAV of RM4.81.
At 10.06am, Landmarks was up 14 sen to RM1.51 with 13.60 million shares done.
The FBM KLCI fell 1.37 points to 1,519.92. Turnover was 323.81 million shares valued at RM429.18 million shares. Losers led gainers 233 to 208 while 229 stocks were unchanged.
CIMB Research said Landmarks was trading at a hefty discount of more than 70% to its estimated RNAV of RM4.81. Investors are currently valuing the Bintan landbank at only slightly more than S$3.00 (RM7.20) psf.
“At 50% discount to its RNAV, the stock would be worth RM2.41. Landmarks has been a laggard this year, trading sideways since September 2009. YTD, the stock has eked out a mere 5% gain compared to 18.8% for the KLCI.
“We expect the stock to catch up soon. Furthermore, Landmarks’ current share price is way below Genting’s entry cost, which we estimate to be RM1.70-RM2 a share,” it said.
Sunday, December 5, 2010
Thursday, November 25, 2010
Petronas Chemicals
The Star today has a good write up of the Petronas Chemicals Group Bhd which would likely see a strong debut tomorrow despite the market undergoing with some correction phrase. The market itself will tell tomorrow........ as many are waiting excitedly and the weekend ahead........some might want to clear .... some jump into the market for a chase....myself is excited too.....
From the Star.....
By JEEVA ARULAMPALAM
jeeva@thestar.com.my
Perception based on MHB’s strong showing and CIMB’s stabilising role
PETALING JAYA: Petronas Chemicals Group Bhd would likely see a strong debut tomorrow and its share price may range between RM5.50 and RM5.70 on its first day of trade, according to analysts.
Kenanga Investment Bank Bhd research head Yeonzon Yeow said a 10% premium on its first-day trade on the Main Market of Bursa Malaysia would be commendable, above its offer price of RM5.20 per share. Under Petronas Chemicals' initial public offering (IPO), retail investors paid RM5.04 per share while institutional investors paid RM5.20 per share.
Petronas Chemicals is the second Petroliam Nasional Bhd (Petronas) owned unit to be listed this year, following last month's listing of the group's heavy engineering unit Malaysia Marine and Heavy Engineering Holdings Bhd (MHB).
MHB, which ended 19% above its offer price of RM3.80 on the first day of trading, has somewhat sustained its higher trading price in the past month. Its share price ended higher by 2 sen at RM4.50 yesterday.
Therefore, Petronas Chemicals' share premium upon its debut would likely be sustained over the short term as seen with MHB, said analysts.
Moreover, the company's share price is expected to remain stable over the short term given that CIMB Investment Bank Bhd, the principal adviser and managing underwriter, has agreed to buy up to 372 million shares in the company from the open market to stabilise the stock post listing.
CIMB has been designated as the so-called stabilising manager for the IPO and would carry out its mandate to keep the stock stable for a maximum of 30 days post listing.
We expect Petronas Chemicals' price to remain stable (over the long term) driven by an anticipated positive market performance over the next 12 months, TA Securities research head Kaladher Govindan told StarBiz.
Analysts said the stock would generate keen interests among local and foreign investors, driven by its potential earnings and dividend payout ratio.
Maybank Investment Bank Research said that Petronas Chemicals could be the biggest FTSE Bursa Malaysia KL Composite Index (FBMKLCI) stock within the next five years.
In the next upcoming cyclical peak, the company is likely to surpass its previous net income record of RM3.9bil achieved in financial year ended March 31, 2008 (FY2008). With its leaner fixed cost structure, Petronas Chemicals can easily render the highest absolute net profit of any KLCI member, it said in a report last Friday.
In a media statement yesterday, Bursa Malaysia Bhd chief executive officer Datuk Yusli Mohamed Yusoff said Petronas Chemicals' listing was a positive contribution to the local capital market as it would bring about a potential re-rating of the oil and gas sector and, in turn, boost its valuations further.
He added that Petronas Chemicals offered a wider investment opportunity to local and international investors and the listing boded well with the bourse's efforts of boosting market liquidity.
After its public listing, Petronas Chemicals would be included as a constituent of the FBMKLCI. It would be added to the index effective Monday with a total share issue of 8 billion and an investability weighting of 30%.
Petronas Chemicals' market value would be RM41.6bil based on the institutional price, making it one of the largest petrochemical producers in South-East Asia.
According to research houses, the target price for Petronas Chemicals ranges from RM5.51 to RM6.70.
Maybank said Petronas Chemicals was worth RM6.64 per share based on price-earnings ratio (PER) and RM6.70 per share based on discounted cash flow valuations.
This implies FY2012 PER of 13.1 times which is undemanding relative to its strong growth prospects (+26% 3-year earnings compound annual growth rate), it said.
OSK Research Sdn Bhd's target price for the company was RM5.51 based on a PER of 16 times for FY2012 while JF Apex Investment Research's target price was RM5.70.
This PER is slightly above its close peer average of 15 as the company deserves such valuations since it gets strong suppport from Petronas group, especially in terms of low feedstock prices, which make up close to 40% of its total cost, OSK Research said in a report last week.
The research houses also highlighted Petronas Chemicals' strong cashflow and attractive dividend payout ratio of 50%, which was considered the highest compared with peers like Saudi Basic Industries Corp, Thailand's PTT Chemical Public Co Ltd and India's Reliance Industries Ltd.
Maybank said Petronas Chemicals' capacity to pay dividends was substantial with projected free cashflow yields of 10.7%-19% in FY2011-13.
From the Star.....
By JEEVA ARULAMPALAM
jeeva@thestar.com.my
Perception based on MHB’s strong showing and CIMB’s stabilising role
PETALING JAYA: Petronas Chemicals Group Bhd would likely see a strong debut tomorrow and its share price may range between RM5.50 and RM5.70 on its first day of trade, according to analysts.
Kenanga Investment Bank Bhd research head Yeonzon Yeow said a 10% premium on its first-day trade on the Main Market of Bursa Malaysia would be commendable, above its offer price of RM5.20 per share. Under Petronas Chemicals' initial public offering (IPO), retail investors paid RM5.04 per share while institutional investors paid RM5.20 per share.
Petronas Chemicals is the second Petroliam Nasional Bhd (Petronas) owned unit to be listed this year, following last month's listing of the group's heavy engineering unit Malaysia Marine and Heavy Engineering Holdings Bhd (MHB).
MHB, which ended 19% above its offer price of RM3.80 on the first day of trading, has somewhat sustained its higher trading price in the past month. Its share price ended higher by 2 sen at RM4.50 yesterday.
Therefore, Petronas Chemicals' share premium upon its debut would likely be sustained over the short term as seen with MHB, said analysts.
Moreover, the company's share price is expected to remain stable over the short term given that CIMB Investment Bank Bhd, the principal adviser and managing underwriter, has agreed to buy up to 372 million shares in the company from the open market to stabilise the stock post listing.
CIMB has been designated as the so-called stabilising manager for the IPO and would carry out its mandate to keep the stock stable for a maximum of 30 days post listing.
We expect Petronas Chemicals' price to remain stable (over the long term) driven by an anticipated positive market performance over the next 12 months, TA Securities research head Kaladher Govindan told StarBiz.
Analysts said the stock would generate keen interests among local and foreign investors, driven by its potential earnings and dividend payout ratio.
Maybank Investment Bank Research said that Petronas Chemicals could be the biggest FTSE Bursa Malaysia KL Composite Index (FBMKLCI) stock within the next five years.
In the next upcoming cyclical peak, the company is likely to surpass its previous net income record of RM3.9bil achieved in financial year ended March 31, 2008 (FY2008). With its leaner fixed cost structure, Petronas Chemicals can easily render the highest absolute net profit of any KLCI member, it said in a report last Friday.
In a media statement yesterday, Bursa Malaysia Bhd chief executive officer Datuk Yusli Mohamed Yusoff said Petronas Chemicals' listing was a positive contribution to the local capital market as it would bring about a potential re-rating of the oil and gas sector and, in turn, boost its valuations further.
He added that Petronas Chemicals offered a wider investment opportunity to local and international investors and the listing boded well with the bourse's efforts of boosting market liquidity.
After its public listing, Petronas Chemicals would be included as a constituent of the FBMKLCI. It would be added to the index effective Monday with a total share issue of 8 billion and an investability weighting of 30%.
Petronas Chemicals' market value would be RM41.6bil based on the institutional price, making it one of the largest petrochemical producers in South-East Asia.
According to research houses, the target price for Petronas Chemicals ranges from RM5.51 to RM6.70.
Maybank said Petronas Chemicals was worth RM6.64 per share based on price-earnings ratio (PER) and RM6.70 per share based on discounted cash flow valuations.
This implies FY2012 PER of 13.1 times which is undemanding relative to its strong growth prospects (+26% 3-year earnings compound annual growth rate), it said.
OSK Research Sdn Bhd's target price for the company was RM5.51 based on a PER of 16 times for FY2012 while JF Apex Investment Research's target price was RM5.70.
This PER is slightly above its close peer average of 15 as the company deserves such valuations since it gets strong suppport from Petronas group, especially in terms of low feedstock prices, which make up close to 40% of its total cost, OSK Research said in a report last week.
The research houses also highlighted Petronas Chemicals' strong cashflow and attractive dividend payout ratio of 50%, which was considered the highest compared with peers like Saudi Basic Industries Corp, Thailand's PTT Chemical Public Co Ltd and India's Reliance Industries Ltd.
Maybank said Petronas Chemicals' capacity to pay dividends was substantial with projected free cashflow yields of 10.7%-19% in FY2011-13.
Monday, November 22, 2010
Senior Citizen - Billie Jean
If u r from those race of the group for sure when u dance Billie Jean to honor the late Michael Jackson, I am sure u will be ok to shake all your ages out. They are : The Awesome Threesome: 70+ year old Leisure World residents honor Michael Jackson by preforming a dance in Seal Beach, California.
Saturday, November 20, 2010
Unsuccessful root canal
It has been exactly 2 weeks from now and my right lower molar is still having a sense of irritation if I chew food with it. What damn hell was that I was made a guinea pig to one of the Iranian Doctor who is doing his Practising for his Master Degree in one of the Uni here in Malaysia being attached to the Poly Dental Clinic. The reason why I went to see him initially was that 2 months back I had an attack of acute pain both lower and upper molar and until it was not distinguishable where the pain came from that lasted for about 10 days. (could be only viral attack ) When I called the Dental Doctor who attended to my boy's braces, the receptionist did not allow me to consult him and I was very furious, thus ended up seeing the said doctor in the Poly Clinic. He did an x-ray for me and told me to get an appointed time to do the root canal and prescribed me some painkillers and the antibiotics before the next appointment done 2 weeks back.
Getting seated on the dental chair was always some kind of nervous feeling for me. And when seeing all those needles, root canal files ...... etc.... I had to say a quick prayer to God to keep me calm and strong...... But instead I should had told the Doctor that I needed to call off the appointment and now I need not have to endure to such unbearable pain and irritant which been done to the molar. Being too honest, I told the doctor that my crowned molar was done in 1983, and that doctor even retaliated : 1983 until now! It was platinum crowned and with a very fair tooth which cost me at that time of RM400 done in Sibu. ( How the RM has appreciated ?.. and now I only realised it) I even asked him whether he got the confidence to drill into my crowned molar for the root canal. And I heard the nurse also asked the same question.....
Looked like I could not fight destiny being his Guinea Pig (very sure he is Muslim )and was I the first to be one..... might be .. n I did not dig into his past records.......At the very beginning of the drilling, I felt a tiny little bit of pain, but it quickly went away. The drilling sound was noisy as if he was drilling a cement wall.... Already looked like when he injected the needle of local anesthesia to numb the area near the tooth, I felt a surge of pain on my tongue.... did he carelessly injected on the tongue?..... My left side of the mouth was so numbed and could not talk but only with my hand gestures of defiance.......Yet indeed after so many attempts using the canal files and changing the different sizes and lengths.... with so many drillings performed on my molar..... one could imagine how tired I had to open my mouth wide for such operation done. In addition to one hand needed to hold the nozzle to suck the saliva from the mouth......witnessing such extremes unkind and irresponsible working attitude of the nurses there talking on the handphones ,the sms and talking among other staffs where they would go that evening already annoyed me which made me throwing away the nozzle when the plastic head disengaged from it. Good motive done to get her attention!
Then came the doctor, asking me for another x-ray .... with all those clumsy stuff in the mouth still need to go out to another room vis the public area for the x-ray. That lazy nurse used such a big film inserting into my little mouth for the x-ray....ooooouch.... I vomited... another time... vomited... so I requested for a smaller film and was told no such in stock..... See how a Government clinic is lacking all such stocks when we are contributors to the income tax annually....Where have all those medical funds allocated for the citizens ?..... Does our Health Minister or anybody in his Ministry come to Sarawak to check?.... Is our PM aware of the hospital here? Or is the 100-storey building more significance an image for Malaysia or the citizens benefits count? Answer it for yourself, readers!... Do not tell me it is free... it is not free... I did pay and being a guniea pig only......An Iranian endodontist is doing his practising for his Master Degree Program and I was just the Opportunist to be his best client........or a parcel to his practising tools.........Real bad omen for me....... and another uphold in image for the education in Malaysia Uni "Boleh"......in esp in dentistry......
Unbearable to sustain such big piece of film inserting into my mouth, I just told the nurse that I did not want to get another x-ray and asked the doctor to clean and fill up my molar with my blur... blur.... speech...
I knew the doctor face turned black like Justice Bao in the Mandarin 6 pm series. I did not care after all I lost half of my crowned tooth and some platinum intact to it, and would rather succumb to the pain of the damnn unnessary drilling.... learned of a great lesson to go to the Government Poly Clinic.......The said nurse even dare to tell me that she was sure I will not go to the clinic again but come for any medication incase I needed it. I told her I would not go there again after such experience....... After requesting for a mirror to look into my molar I felt so painful with a big patch of different color in the middle of the molar..... hence I just walked off hastily without anything said.
Getting seated on the dental chair was always some kind of nervous feeling for me. And when seeing all those needles, root canal files ...... etc.... I had to say a quick prayer to God to keep me calm and strong...... But instead I should had told the Doctor that I needed to call off the appointment and now I need not have to endure to such unbearable pain and irritant which been done to the molar. Being too honest, I told the doctor that my crowned molar was done in 1983, and that doctor even retaliated : 1983 until now! It was platinum crowned and with a very fair tooth which cost me at that time of RM400 done in Sibu. ( How the RM has appreciated ?.. and now I only realised it) I even asked him whether he got the confidence to drill into my crowned molar for the root canal. And I heard the nurse also asked the same question.....
Looked like I could not fight destiny being his Guinea Pig (very sure he is Muslim )and was I the first to be one..... might be .. n I did not dig into his past records.......At the very beginning of the drilling, I felt a tiny little bit of pain, but it quickly went away. The drilling sound was noisy as if he was drilling a cement wall.... Already looked like when he injected the needle of local anesthesia to numb the area near the tooth, I felt a surge of pain on my tongue.... did he carelessly injected on the tongue?..... My left side of the mouth was so numbed and could not talk but only with my hand gestures of defiance.......Yet indeed after so many attempts using the canal files and changing the different sizes and lengths.... with so many drillings performed on my molar..... one could imagine how tired I had to open my mouth wide for such operation done. In addition to one hand needed to hold the nozzle to suck the saliva from the mouth......witnessing such extremes unkind and irresponsible working attitude of the nurses there talking on the handphones ,the sms and talking among other staffs where they would go that evening already annoyed me which made me throwing away the nozzle when the plastic head disengaged from it. Good motive done to get her attention!
Then came the doctor, asking me for another x-ray .... with all those clumsy stuff in the mouth still need to go out to another room vis the public area for the x-ray. That lazy nurse used such a big film inserting into my little mouth for the x-ray....ooooouch.... I vomited... another time... vomited... so I requested for a smaller film and was told no such in stock..... See how a Government clinic is lacking all such stocks when we are contributors to the income tax annually....Where have all those medical funds allocated for the citizens ?..... Does our Health Minister or anybody in his Ministry come to Sarawak to check?.... Is our PM aware of the hospital here? Or is the 100-storey building more significance an image for Malaysia or the citizens benefits count? Answer it for yourself, readers!... Do not tell me it is free... it is not free... I did pay and being a guniea pig only......An Iranian endodontist is doing his practising for his Master Degree Program and I was just the Opportunist to be his best client........or a parcel to his practising tools.........Real bad omen for me....... and another uphold in image for the education in Malaysia Uni "Boleh"......in esp in dentistry......
Unbearable to sustain such big piece of film inserting into my mouth, I just told the nurse that I did not want to get another x-ray and asked the doctor to clean and fill up my molar with my blur... blur.... speech...
I knew the doctor face turned black like Justice Bao in the Mandarin 6 pm series. I did not care after all I lost half of my crowned tooth and some platinum intact to it, and would rather succumb to the pain of the damnn unnessary drilling.... learned of a great lesson to go to the Government Poly Clinic.......The said nurse even dare to tell me that she was sure I will not go to the clinic again but come for any medication incase I needed it. I told her I would not go there again after such experience....... After requesting for a mirror to look into my molar I felt so painful with a big patch of different color in the middle of the molar..... hence I just walked off hastily without anything said.
Friday, November 12, 2010
China Ouhua Winery Holdings Bhd
Being a day trader when feeling like it to do, I am very impressed by the Chinese-based initial public offerings (IPO) Ouhua Winery and thus my itchy fingures pressed upon it, and the 1st day did not performed great but the following days were just as worst. Not likely to hold on to the said IPO and thinking of the slim chance it could go I just disposed it all off the day before yesterday....... hmmnnnn.....cry ...cry...and the minute I disposed it off it shot up to the present price and I have to admit for a very poor exist point booking for a very minimal gain. Re-entering it at another price did not match... otherwise should be laughing to the bank cos I took up position sizing on it...... damn ....damn.....
Today look like not a good day since it is Friday for most day traders to unlock its profit....... and the market itself will definately tells....
From The Edge Financial Daily :::China Ouhua Winery Holdings Bhd saw a surge in buying interest yesterday which pushed its share price to an intra-day high of 78.5 sen, 12 sen or nearly 18% over the previous day’s closing of 66.5 sen.
China Ouhua, which made its debut on Bursa Malaysia’s Main Market just last week, closed at 74.5 sen, up eight sen or 12% yesterday. Trading volume in the stock soared to 33.7 million shares, making it the sixth most actively traded stock on the local bourse. So far, its share price has gained 14.5 sen or 24% over its offer price of 60 sen.
China Ouhua is the first and only China-based winery listed on Bursa Malaysia.
Judging by the share price movement, it seems investors are more convinced by the growth potential of the winery business in China than the Chinese-based sports shoe manufacturers.
Nonetheless, analysts said China Ouhua’s impressive share price performance does not necessarily indicate that investors are now more receptive to Chinese-based initial public offerings (IPO) or Chinese-based stocks in general.
Some analysts also attributed the share price gains to interest from day traders.
They concurred that valuations of Chinese companies listed on Bursa Malaysia were very attractive at low single-digit historical price-earnings ratio, but also said that alone was not enough to attract local interest since investors could now invest directly in bigger Chinese stocks that are listed in Hong Kong.
Still, some analysts see a potentially interesting story in China Ouhua, as it is the only stock here that allows investors to invest directly into a winery and tap on China’s growing consumerism.
This is the second foreign IPO advised by OSK Investment Bank since last year. The first was Xidelang Holdings Ltd.
Today look like not a good day since it is Friday for most day traders to unlock its profit....... and the market itself will definately tells....
From The Edge Financial Daily :::China Ouhua Winery Holdings Bhd saw a surge in buying interest yesterday which pushed its share price to an intra-day high of 78.5 sen, 12 sen or nearly 18% over the previous day’s closing of 66.5 sen.
China Ouhua, which made its debut on Bursa Malaysia’s Main Market just last week, closed at 74.5 sen, up eight sen or 12% yesterday. Trading volume in the stock soared to 33.7 million shares, making it the sixth most actively traded stock on the local bourse. So far, its share price has gained 14.5 sen or 24% over its offer price of 60 sen.
China Ouhua is the first and only China-based winery listed on Bursa Malaysia.
Judging by the share price movement, it seems investors are more convinced by the growth potential of the winery business in China than the Chinese-based sports shoe manufacturers.
Nonetheless, analysts said China Ouhua’s impressive share price performance does not necessarily indicate that investors are now more receptive to Chinese-based initial public offerings (IPO) or Chinese-based stocks in general.
Some analysts also attributed the share price gains to interest from day traders.
They concurred that valuations of Chinese companies listed on Bursa Malaysia were very attractive at low single-digit historical price-earnings ratio, but also said that alone was not enough to attract local interest since investors could now invest directly in bigger Chinese stocks that are listed in Hong Kong.
Still, some analysts see a potentially interesting story in China Ouhua, as it is the only stock here that allows investors to invest directly into a winery and tap on China’s growing consumerism.
This is the second foreign IPO advised by OSK Investment Bank since last year. The first was Xidelang Holdings Ltd.
Friday, November 5, 2010
Seasonings That fight Aging
Super Spices
Season your way to better health if u like adding spices into your food or if u r a health conscious guy. We r all vain, painstakingly and haunted by all the medical marvel unveiling to us that a world where devastating aging isn't inevitable. And yet claiming that you can spin back the clock -- Reclaim your looks, reclaim your energy, reclaim your youth but to me I still prefer the natural things out of all nature God provided for us.
From my daily read articles, I learned that a touch of spice might be just what you need to minimize the damage of aging — and even offset the impact of diabetes. Season your way to better health if u like adding spices into your food or if u r a health conscious guy.
New research from the University of Georgia finds that antioxidant-rich herbs and spices can block the formation of harmful compounds that are associated with aging and may inhibit tissue damage caused by high levels of blood sugar. A little spice goes quite a long way, as the antioxidants are extremely concentrated. Here r some herbs and spices keep u looking young.
1. Ground Cloves
Try it in cake or biscuit dough for an added layer of spicy sweetness. I liked to just put it in my mouth n nibble it cos it can cure bateria in the mouth and also good for the teeth, hence no bad breadth. It keeps me awake while driving. I was having acute tooth pain a month ago and from my internet sources, I tried nibbling some in the mouth and subsequently the pain was gone.
2. Ground Jamaican Allspice
'Allspice’ has been given for its aromatic flavor that seems to be a combination of cinnamon, nutmeg and cloves is known to have aromatic and sweet smell and hence it forms an important condiment in kitchens across the world. I like to put in ginger cakes, apple pies or even to marinade with chicken or any meat.
Allspice is known for its carminative, anti-inflammatory, warming, soothing and anti-flatulent properties and a good source of niacin, helping the body in detoxifying harmful compounds. It is also rich in vitamin c which is a powerful natural antioxidant that aids in providing resistance against infectious agents and iron that is required for red cell production in the bone marrow. Having a good source of potassium that helps the body to control heart rate and blood pressure by regulating the balance of sodium in the body blood system. With it high contain of manganese acting as a co-factor for the powerful antioxidant enzyme superoxide dismutase, by the body. It is also known to increase digestion power, by increasing gastro-intestinal secretions. It can only taken in small amount and not so frequently. Nonetheless, individuals with history of cancer or those who are a risk of cancer should not delve on this herb as Eugenol, a substance found in it, can promote cancer.
3. Ground Cinnamon
I like to spread it on whole wheat toast drizzled with honey and the stick used for curry chicken or with the 5 spices chicken or meat.
Benefit of taking cinnamon ( refer to my post dated : 18/8/10; cinnamon with honey )
4. Ground Oregano
I like to put on top of homemade garlic bread or pizza which is my favorite flour made.
Oregano is an aromatic herb that belongs to the ming family.
Its strong antiviral and antibacterial properties can help destroy organisms that contribute to skin infections, and it also has antiparisitic properties which is helpful in digestive problems. It can strengthen the immune system and helps increase the joint and muscles flexibility. It is learned that it improves respiratory health.
Oil of Oregano when applied topically can help treat skin infections, itchy skin and irritated gums, (but make sure it has been diluted because oregano oil is concentrated and can cause burning sensation to tongue or skin).
Oregano oil helps in the treatment of sinus or lung congestion. Just mix 2 or 3 drops of oil with juice, and drink this daily, you can notice the improvement within 3-5days.
Oregano has antioxidant properties more than apple or bluberries which play a vital role in the prevention of many forms of cancer, as well as perhaps slowing down the aging process.
Fresh oregano like other leafy vegetables is loaded with vitamins and nutrients. It is a good source of iron and manganese as well as calcium, vitamin C, and vitamin A. It also has omega-3 fatty acids.
The dried leaves can also be applied in bags as a warm application to painful arthritic
swellings and other conditions, including rheumatism.
Oregano is rich in fiber too.
Season your way to better health if u like adding spices into your food or if u r a health conscious guy. We r all vain, painstakingly and haunted by all the medical marvel unveiling to us that a world where devastating aging isn't inevitable. And yet claiming that you can spin back the clock -- Reclaim your looks, reclaim your energy, reclaim your youth but to me I still prefer the natural things out of all nature God provided for us.
From my daily read articles, I learned that a touch of spice might be just what you need to minimize the damage of aging — and even offset the impact of diabetes. Season your way to better health if u like adding spices into your food or if u r a health conscious guy.
New research from the University of Georgia finds that antioxidant-rich herbs and spices can block the formation of harmful compounds that are associated with aging and may inhibit tissue damage caused by high levels of blood sugar. A little spice goes quite a long way, as the antioxidants are extremely concentrated. Here r some herbs and spices keep u looking young.
1. Ground Cloves
Try it in cake or biscuit dough for an added layer of spicy sweetness. I liked to just put it in my mouth n nibble it cos it can cure bateria in the mouth and also good for the teeth, hence no bad breadth. It keeps me awake while driving. I was having acute tooth pain a month ago and from my internet sources, I tried nibbling some in the mouth and subsequently the pain was gone.
2. Ground Jamaican Allspice
'Allspice’ has been given for its aromatic flavor that seems to be a combination of cinnamon, nutmeg and cloves is known to have aromatic and sweet smell and hence it forms an important condiment in kitchens across the world. I like to put in ginger cakes, apple pies or even to marinade with chicken or any meat.
Allspice is known for its carminative, anti-inflammatory, warming, soothing and anti-flatulent properties and a good source of niacin, helping the body in detoxifying harmful compounds. It is also rich in vitamin c which is a powerful natural antioxidant that aids in providing resistance against infectious agents and iron that is required for red cell production in the bone marrow. Having a good source of potassium that helps the body to control heart rate and blood pressure by regulating the balance of sodium in the body blood system. With it high contain of manganese acting as a co-factor for the powerful antioxidant enzyme superoxide dismutase, by the body. It is also known to increase digestion power, by increasing gastro-intestinal secretions. It can only taken in small amount and not so frequently. Nonetheless, individuals with history of cancer or those who are a risk of cancer should not delve on this herb as Eugenol, a substance found in it, can promote cancer.
3. Ground Cinnamon
I like to spread it on whole wheat toast drizzled with honey and the stick used for curry chicken or with the 5 spices chicken or meat.
Benefit of taking cinnamon ( refer to my post dated : 18/8/10; cinnamon with honey )
4. Ground Oregano
I like to put on top of homemade garlic bread or pizza which is my favorite flour made.
Oregano is an aromatic herb that belongs to the ming family.
Its strong antiviral and antibacterial properties can help destroy organisms that contribute to skin infections, and it also has antiparisitic properties which is helpful in digestive problems. It can strengthen the immune system and helps increase the joint and muscles flexibility. It is learned that it improves respiratory health.
Oil of Oregano when applied topically can help treat skin infections, itchy skin and irritated gums, (but make sure it has been diluted because oregano oil is concentrated and can cause burning sensation to tongue or skin).
Oregano oil helps in the treatment of sinus or lung congestion. Just mix 2 or 3 drops of oil with juice, and drink this daily, you can notice the improvement within 3-5days.
Oregano has antioxidant properties more than apple or bluberries which play a vital role in the prevention of many forms of cancer, as well as perhaps slowing down the aging process.
Fresh oregano like other leafy vegetables is loaded with vitamins and nutrients. It is a good source of iron and manganese as well as calcium, vitamin C, and vitamin A. It also has omega-3 fatty acids.
The dried leaves can also be applied in bags as a warm application to painful arthritic
swellings and other conditions, including rheumatism.
Oregano is rich in fiber too.
Tuesday, November 2, 2010
Analysts: PCG offer makes it the largest regional IPO
Excited about this IPO which is on offering to the public now for RM5.05 and will be listed on main board on Nov. 26 would be a component of the Kuala Lumpur Composite Index (KLCI) gearing on price/earnings (P/E) multiple of 15.8 times. Earnings per share was estimated at 32 sen for the financial year ending March 31, 2012 (FY12).
Would it be like the MMHB for only a day show? Only the market knows. But at offering price of RM5.05 which represents a historical PE of 18.4 times at an earnings per share of 27.5 sen for FY10 as stated in the prospectus. Thus it shall stand at oversubscribed, and considered as only a trading buy.
By JEEVA ARULAMPALAM (extract from Star)
PETALING JAYA: The retail price of RM5.05 for Petronas Chemicals Group Bhd (PCG) shares under the company’s initial public offering (IPO) is regarded by analysts as fairly priced.
PCG, which released its prospectus on Bursa Malaysia yesterday and plans to list on the Main Market on Nov 26, said it was offering a total of 2.48 billion shares under its IPO, of which 1.78 billion would be existing shares and 700 million would be new.
The listing of PCG this month would make it the largest IPO in South-East Asia to-date, with an estimated US$4.04bil raised at an offer price of RM5.05 per share.
A local research head said PCG was a “must have stock,” given that it is a subsidiary of Petroliam Nasional Bhd (Petronas) and since PCG would be a component of the Kuala Lumpur Composite Index (KLCI).
He told StarBiz yesterday that PCG would be oversubscribed for those very reasons, as seen with last week’s listing of Petronas’ other subsidiary, Malaysia Marine and Heavy Engineering Holdings Bhd (MHB). MHB’s shares were oversubscribed 27.7 times for its institutional offering.
Kenanga Investment Bank Bhd research head Yeonzon Yeow recently said Kenanga’s fair value for PCG was RM5.05 per share, based on price/earnings (P/E) multiple of 15.8 times. Earnings per share was estimated at 32 sen for the financial year ending March 31, 2012 (FY12).
He had said that trading liquidity of the stock might be low after the initially weeks following the listing, as it would be a core holding stock for investors.
Meanwhile, another research head said PCG’s retail price of RM5.05 was on the high side based on the company’s valuation.
“When the price determination is finally done, the retail price may come down to RM4.70 or RM4.80,” he said.
The company’s retail price of RM5.05 represents a historical PE of 18.4 times at an earnings per share of 27.5 sen for FY10 as stated in the prospectus.
The prospectus said the final retail price would be the lower option of either RM5.05 per share or 97% of the institutional price. The institutional price will be determined through a bookbuilding exercise, which is ongoing and will end on Nov 12. The final price determination for the retail portion will be done subsequently.
From the 1.78 billion existing shares offered under the IPO, 1.48 billion shares are for Malaysian and foreign institutional investors as well as bumiputra investors, while the retail offer of 293.02 million shares covers the Malaysian public, eligible directors of PCG and Petronas, eligible employees and customers. The 700 million new shares offered are for Malaysian and foreign institutional investors.
The retail offer for the Malaysian public was 160 million shares, with half portioned for bumiputra retail investors and the remaining 80 million shares meant for non-bumiputra retail investors.
“We see it as a trend these days where companies are reducing their retail offering to the public because it is easier for companies to sell in blocks under IPOs,” said a research head.
PCG said in its prospectus that the expected IPO gross proceeds would be RM3.54bil. About 63.3% of the proceeds would be used for expansion of business and synergistic growth and acquisitions. Another 34% would be used as working capital requirements and general corporate purposes while the balance would be used to settle listing expenses.
PCG also said it was studying the possibility of developing a world-scale, greenfield ammonia and urea production facility that would be supplied with natural gas feedstock available off the east coast of the peninsula.
The principal adviser, managing underwriter and joint underwriter is CIMB Investment Bank Bhd. The joint global coordinators and joint bookrunners for the institutional offering are CIMB, Deutsche Bank AG, Hong Kong Branch, and Morgan Stanley & Co International plc.
The joint underwriters for the retail offering are Affin Investment Bank Bhd, HwangDBS Investment Bank, Alliance Investment Bank Bhd, KAF Investment Ban Bhd, OSK Investment Bank Bhd, AmInvestment Bank Bhd, Maybank Investment Bank Bhd, Public Investment Bank Bhd, ECM Libra Investment Bank Bhd, MIDF Amanah Investment Bank Bhd, RHB Investment Bank Bhd, Hong Leong Investment Bank Bhd and MIMB Investment Bank Bhd.
Would it be like the MMHB for only a day show? Only the market knows. But at offering price of RM5.05 which represents a historical PE of 18.4 times at an earnings per share of 27.5 sen for FY10 as stated in the prospectus. Thus it shall stand at oversubscribed, and considered as only a trading buy.
By JEEVA ARULAMPALAM (extract from Star)
PETALING JAYA: The retail price of RM5.05 for Petronas Chemicals Group Bhd (PCG) shares under the company’s initial public offering (IPO) is regarded by analysts as fairly priced.
PCG, which released its prospectus on Bursa Malaysia yesterday and plans to list on the Main Market on Nov 26, said it was offering a total of 2.48 billion shares under its IPO, of which 1.78 billion would be existing shares and 700 million would be new.
The listing of PCG this month would make it the largest IPO in South-East Asia to-date, with an estimated US$4.04bil raised at an offer price of RM5.05 per share.
A local research head said PCG was a “must have stock,” given that it is a subsidiary of Petroliam Nasional Bhd (Petronas) and since PCG would be a component of the Kuala Lumpur Composite Index (KLCI).
He told StarBiz yesterday that PCG would be oversubscribed for those very reasons, as seen with last week’s listing of Petronas’ other subsidiary, Malaysia Marine and Heavy Engineering Holdings Bhd (MHB). MHB’s shares were oversubscribed 27.7 times for its institutional offering.
Kenanga Investment Bank Bhd research head Yeonzon Yeow recently said Kenanga’s fair value for PCG was RM5.05 per share, based on price/earnings (P/E) multiple of 15.8 times. Earnings per share was estimated at 32 sen for the financial year ending March 31, 2012 (FY12).
He had said that trading liquidity of the stock might be low after the initially weeks following the listing, as it would be a core holding stock for investors.
Meanwhile, another research head said PCG’s retail price of RM5.05 was on the high side based on the company’s valuation.
“When the price determination is finally done, the retail price may come down to RM4.70 or RM4.80,” he said.
The company’s retail price of RM5.05 represents a historical PE of 18.4 times at an earnings per share of 27.5 sen for FY10 as stated in the prospectus.
The prospectus said the final retail price would be the lower option of either RM5.05 per share or 97% of the institutional price. The institutional price will be determined through a bookbuilding exercise, which is ongoing and will end on Nov 12. The final price determination for the retail portion will be done subsequently.
From the 1.78 billion existing shares offered under the IPO, 1.48 billion shares are for Malaysian and foreign institutional investors as well as bumiputra investors, while the retail offer of 293.02 million shares covers the Malaysian public, eligible directors of PCG and Petronas, eligible employees and customers. The 700 million new shares offered are for Malaysian and foreign institutional investors.
The retail offer for the Malaysian public was 160 million shares, with half portioned for bumiputra retail investors and the remaining 80 million shares meant for non-bumiputra retail investors.
“We see it as a trend these days where companies are reducing their retail offering to the public because it is easier for companies to sell in blocks under IPOs,” said a research head.
PCG said in its prospectus that the expected IPO gross proceeds would be RM3.54bil. About 63.3% of the proceeds would be used for expansion of business and synergistic growth and acquisitions. Another 34% would be used as working capital requirements and general corporate purposes while the balance would be used to settle listing expenses.
PCG also said it was studying the possibility of developing a world-scale, greenfield ammonia and urea production facility that would be supplied with natural gas feedstock available off the east coast of the peninsula.
The principal adviser, managing underwriter and joint underwriter is CIMB Investment Bank Bhd. The joint global coordinators and joint bookrunners for the institutional offering are CIMB, Deutsche Bank AG, Hong Kong Branch, and Morgan Stanley & Co International plc.
The joint underwriters for the retail offering are Affin Investment Bank Bhd, HwangDBS Investment Bank, Alliance Investment Bank Bhd, KAF Investment Ban Bhd, OSK Investment Bank Bhd, AmInvestment Bank Bhd, Maybank Investment Bank Bhd, Public Investment Bank Bhd, ECM Libra Investment Bank Bhd, MIDF Amanah Investment Bank Bhd, RHB Investment Bank Bhd, Hong Leong Investment Bank Bhd and MIMB Investment Bank Bhd.
Curried Sweet Potato and Apple Soup
Curried Sweet Potato and Apple Soup is an yummy soup suitable for diabetes and its prevention cos it has low glycemic index. It is also good for one who wants to maintain weight control with a low calorie intake.
Ingredients
1 tablespoon olive oil
1 large onion, sliced
2 cloves garlic, sliced
1 tablespoon finely chopped fresh ginger
1 teaspoon curry powder
3/4 teaspoon ground cumin
1/2 teaspoon salt
1/4 teaspoon ground cinnamon
4 cups water
1 1/4 pounds sweet potatoes, peeled and cut into chunks
3 large granny smith apples, peeled, cored, and cut into chunks
1/2 cup chopped fresh cilantro
Directions
1. Heat the oil in a large saucepan or induction cooker over medium heat. Add the onion and garlic and cook, stirring occasionally, for 5 minutes, or until tender.
2. Add the ginger, curry powder, cumin, salt, and cinnamon. Cook, stirring constantly, for 1 minute. Add the water, sweet potatoes, and apples and bring to a boil over high heat. Reduce the heat to low, cover, and simmer, stirring often, for 20 minutes, or until the sweet potatoes are very tender.
3. In a food processor or blender, puree the soup in batches until very smooth, pouring each batch into a bowl. Reheat if necessary. Stir in the cilantro. Nutritional Facts per serving CALORIES 107.5 CAL
FAT 2 G
SATURATED FAT 0.3 G
CHOLESTEROL 0 MG
SODIUM 169.2 MG
CARBOHYDRATES 22.3 G
TOTAL SUGARS 10.6 G
DIETARY FIBER 3.1 G
PROTEIN 1.5 G
Thursday, October 28, 2010
Tuesday, October 26, 2010
Every morning I just feel like short of thing to prepare breakfast for my family. Yesterday while I was shopping in the New Shopping Complex, the Merdeka Mall in Miri City just a 10 mins walk from my house, the wantan wrappers for the wantan soup attracted me, thus my homemade recipe for wantan soup as follow:
Wonton wrappers (bought from Da Kiong supermarket)
1 lb. lean boneless chicken breast, finely grounded instead of using the pork
2 tbsp. soy sauce
1 tsp. finely chopped, peeled fresh ginger root
1 tsp. salt
1 tlbsp of corn flour
some fried red onion, 1/2 tea spoon of apple cider vinegar and a dash of chicken stock powder
cut some carrot and carbage into strips for garnishing
Prepare ahead the night before:
To make the filling; in a large bowl, combine the grounded chicken meat, soy sauce, ginger and salt, and, using a spoon, mix them thoroughly. Then mix in the fried onion.
Place 1 teaspoon or so of the filling just below the center of each wrapper. Fold one side over the filling and tuck its edge under the filling. Wrap it up and place it inside the plastic container and store it in the fridge for use the next morning.
To cook: In a 4 to 5 quart saucepan, bring 2 quarts of water to a boil and drop in the wontons. Return to a boil, reduce the heat to moderate and cook uncovered for 5 minutes or until tender but still a little resistant to the bite. Put in some fried onion, the carrot and the cabbage strips for garnishing. Add in the apple cider vinegar. It is ready and serve hot. Yummy........
Wonton wrappers (bought from Da Kiong supermarket)
1 lb. lean boneless chicken breast, finely grounded instead of using the pork
2 tbsp. soy sauce
1 tsp. finely chopped, peeled fresh ginger root
1 tsp. salt
1 tlbsp of corn flour
some fried red onion, 1/2 tea spoon of apple cider vinegar and a dash of chicken stock powder
cut some carrot and carbage into strips for garnishing
Prepare ahead the night before:
To make the filling; in a large bowl, combine the grounded chicken meat, soy sauce, ginger and salt, and, using a spoon, mix them thoroughly. Then mix in the fried onion.
Place 1 teaspoon or so of the filling just below the center of each wrapper. Fold one side over the filling and tuck its edge under the filling. Wrap it up and place it inside the plastic container and store it in the fridge for use the next morning.
To cook: In a 4 to 5 quart saucepan, bring 2 quarts of water to a boil and drop in the wontons. Return to a boil, reduce the heat to moderate and cook uncovered for 5 minutes or until tender but still a little resistant to the bite. Put in some fried onion, the carrot and the cabbage strips for garnishing. Add in the apple cider vinegar. It is ready and serve hot. Yummy........
Saturday, October 23, 2010
Brain- teaser!
A riddle for you to keep awake...It sounds simple but need to scratch your head lo......
A survey conducted that eighty percent of Kindergarteners solved this riddle, but only 5% of Stanford graduates figured it out!
Can you answer the following questions in one word?
1. The word has seven letters....
2. Preceded God...
3. Greater than God...
4. More Evil than the devil...
5. All poor people have it...
6. Wealthy people need it....
7. If you eat it, you will die.
Did you figure it out?
Try hard before looking at the answers
Did you get it yet?
Give up?
Brace yourself for the answer....
The Answer is:
........
NOTHING!
NOTHING has 7 letters.
NOTHING preceded God.
NOTHING is greater than God.
NOTHING is more Evil than the devil.
All poor people have NOTHING.
Wealthy people need NOTHING.
If you eat NOTHING, you will die.
Time for a joke!BLONDE JOKE
A blonde calls her boyfriend and says,
"Please come over here and help me.
I have a killer jigsaw puzzle,
and I can't figure out how to get started."
Her boyfriend asks,
"What is it supposed to be when it's finished?"
The blonde says,"According to the picture on the box, it's a rooster."
Her boyfriend decides to go over and help with the puzzle.
She lets him in and shows him where she has the puzzle spread all over the table.
He studies the pieces for a moment, then looks at the box, then turns to her and says,
"First of all, no matter what we do, we're not going to be able to assemble these pieces into anything resembling a rooster."
He takes her hand and says, "Second, I want you to relax. Let's have a nice cold drink, and then, "he said with a deep sigh.........
A survey conducted that eighty percent of Kindergarteners solved this riddle, but only 5% of Stanford graduates figured it out!
Can you answer the following questions in one word?
1. The word has seven letters....
2. Preceded God...
3. Greater than God...
4. More Evil than the devil...
5. All poor people have it...
6. Wealthy people need it....
7. If you eat it, you will die.
Did you figure it out?
Try hard before looking at the answers
Did you get it yet?
Give up?
Brace yourself for the answer....
The Answer is:
........
NOTHING!
NOTHING has 7 letters.
NOTHING preceded God.
NOTHING is greater than God.
NOTHING is more Evil than the devil.
All poor people have NOTHING.
Wealthy people need NOTHING.
If you eat NOTHING, you will die.
Time for a joke!BLONDE JOKE
A blonde calls her boyfriend and says,
"Please come over here and help me.
I have a killer jigsaw puzzle,
and I can't figure out how to get started."
Her boyfriend asks,
"What is it supposed to be when it's finished?"
The blonde says,"According to the picture on the box, it's a rooster."
Her boyfriend decides to go over and help with the puzzle.
She lets him in and shows him where she has the puzzle spread all over the table.
He studies the pieces for a moment, then looks at the box, then turns to her and says,
"First of all, no matter what we do, we're not going to be able to assemble these pieces into anything resembling a rooster."
He takes her hand and says, "Second, I want you to relax. Let's have a nice cold drink, and then, "he said with a deep sigh.........
Friday, October 22, 2010
Happy Birthday Magg!
This morning I woke up very early without the morning call from my alarm clock; my own biological clock, might be deep inside my mind looking forward to meet all my CG buddies whom I have not meet them for several couples of weeks. Whoosh....... a time out again to refresh n chatting ....... n not forgetting it is Magg's birthday..... so we had chosen a place in After 3.....
Well this was a time I shared with them of my daily routine plan n why I stayed online every day........ now I already sold off my babe Kbunai..... Do not get excited and follow me ok guys, I am a lousy investor applying my rojak strategy ... sorry Bee G, I never know u r also half in my shoes, thanks for the sharing. Thus this is a time to share and breakfast on my bill.... TQ God for the wisdom u gave me......so Happy Birthday to U Magg! A song specially dedicated to U.
Well this was a time I shared with them of my daily routine plan n why I stayed online every day........ now I already sold off my babe Kbunai..... Do not get excited and follow me ok guys, I am a lousy investor applying my rojak strategy ... sorry Bee G, I never know u r also half in my shoes, thanks for the sharing. Thus this is a time to share and breakfast on my bill.... TQ God for the wisdom u gave me......so Happy Birthday to U Magg! A song specially dedicated to U.
Thursday, October 21, 2010
Chart: KBunai's 60-min chart as at Oct 20, 2010 (Source: Quickcharts)
From the 60-minute chart above, KBunai looks like going for a correction. Look at the divergence between the volume & price movement as well as cross-under of the MACD indicator as well as the tapes read that sellers ruled over the buyers now.
I will see to it when the babe wakes up again. Mean time, let it sleeps first before I touch and moreover many negetives overridden the positives issues.
(do not follow me, readers)
4:17pm
Today feel very "sien" boring no trading done. Just listen to oldies.
In Japanese original version
In Mandarine version
Will tomorrow be better? Only God knows and I cannot predict, but surely a day older and wiser, so trade and use your time wisely for tomorrow will never be the same as today. Do your homework and tomorrow will be surely better..........
Wednesday, October 20, 2010
Malaysia- In the global limelight
As the US Fed keeps printing paper monies, Malaysia is receiving global limelight like the recent price of gold keeps galloping higher...
I am not a savvy investor of the other regions but I do subscribe to international economic news for references, and this was the first time ever I received such good comments on Malaysia economic growth. The following is written by an US Fund. I will stay alert for my next profolio to grab this dynamic economic. Let see!
Five Reasons to Invest in Fast-Growing Malaysia
by Carl Delfeld, Contributing Editor
You ready for the next leg of the "Carl Delfeld World Tour?"
In previous columns, I've profiled the investment prospects in countries like Argentina, Indonesia and two weeks ago, we hit Singapore.
Today, we head north from Singapore to another promising emerging market nation - Malaysia. The Southeast Asian country boasts many attributes similar to Singapore. In fact, the two countries' relationship goes deeper than just being excellent places to send your investment dollars.
Having once had a checkered relationship (Singapore split from Malaysia and gained its independence in 1965), there are now several overlapping traits between the two - a kind of "Malaysiapore," if you will.
With a surface area of just over 127,000 square miles, Malaysia is home to about 24.8 million people and is rich in natural resources. It exports both natural gas and oil and has low inflation and debt.
So let me show you why I see Malaysia as a "middle way" for investors and why you should add this strong emerging market to your global portfolio...
A Fistful of Benefits: Five Reasons Why You Should Invest Your Money in Malaysia
What is this "middle way?"
Simply put, instead of the 8% to 9% GDP growth seen in markets like China, Indonesia and India (which is largely driven by low wage rates), Malaysia will grow at a more modest, but more consistent and well-rounded 5% to 6% clip.
Plus, it's a solidly middle-income country, with a per capita income north of $10,000. And more investors have begun to look beyond the headline-grabbing emerging markets towards places like Malaysia instead. Why should you join them? Five reasons...
~ Strong Diversification:
Although palm oil, tin, petroleum, copper, iron ore and other commodities are an important part of the Malaysian story, its economy is well diversified. A full 50% of GDP comes from the services sector, with 40% coming from industry and 10% from agriculture.
~ Attractive Demographics:
With 32% of Malaysia's population under 15 years of age, 58% of people under 30, and just 8% over 60, the country boasts attractive demographics and a very strong foundation for future growth.
By contrast, just 15% of Japan's population is under the age of 15.
~ Forward-Looking Economic Plan:
Malaysian economic growth rolled in at a respectable 6% last year, which has resulted in a solid upward move alongside the middle-income nations.
But Malaysia needs reforms to move to the next level. In particular, it needs to end preferences for some ethnic groups in order to keep talent in the country. In this regard, the government hopes that its New Economic Model (NEM) will increase per capita income to $15,000. To meet this goal, however, the country's GDP will have to grow by an average of 6% per year over the next five years.
~ Strong Currency:
With U.S. interest rates at record lows and more money consequently pouring into fast-growing Asian markets, currencies are gaining strength. The Malaysian ringgit is one of them, having recently climbed to a 13-year high.
~ Valuations in the Middle:
To some degree, the markets already reflect the changing perception of Malaysian risk and potential return. According to data from Thomson Datastream and Reuters, the overall price-to-earnings ratio for the Malaysian market is 15, while Singapore's is 16.5. Other Asian markets like Indonesia trade for 21 times earnings, while India's Sensex index is trading at a vulnerable-looking all-time high of 24.
But remember how I said earlier that Malaysia and Singapore share a deep relationship and similar traits? The increasing economic integration between the two countries essentially acts as a "dividend" to investors, as it fosters higher economic growth and political stability.
Jump on the "Profit Causeway"
Malaysia and Singapore have agreed to set up a Joint Ministerial Committee, which will oversee economic cooperation in the Iskandar Development Region (IDR) in Johor, Malaysia and will have a causeway linking it to Singapore.
The region spans an area of 850 square miles, which is roughly three times Singapore's size, and smart cards will facilitate the two-way traffic of Malaysians and Singaporeans to the IDR.
It's estimated that on a regular workday, more than 150,000 workers commute over the Johor-Singapore causeway to earn a better living.
So how can you earn some money from this, plus Malaysia's other broad economic and market benefits and the expectation of continued growth?
Grab a Southeastern Asian Double
The most direct way to gain from this joint project would be to jump on a plane and take a grubstake in Johor real estate.
But since that's not really practical, check out the iShares MSCI Malaysia Index (NYSE: EWM) - a basket of leading Malaysian companies. Breaking the fund down, one-third of the stocks are financials, while consumer staples and discretionary companies make up an additional 29%. Industrial firms account for a further 18% of the portfolio. The fund has an annual expense ratio of only 0.54%.
Essentially, investing in Malaysia is also a back-door strategy to investing in Singapore and capturing the dynamic economic growth within the region. So put both Malaysia and Singapore in your global portfolio and grab the twin growth of "Malaysiapore."
Good investing,
Carl Delfeld
I am not a savvy investor of the other regions but I do subscribe to international economic news for references, and this was the first time ever I received such good comments on Malaysia economic growth. The following is written by an US Fund. I will stay alert for my next profolio to grab this dynamic economic. Let see!
Five Reasons to Invest in Fast-Growing Malaysia
by Carl Delfeld, Contributing Editor
You ready for the next leg of the "Carl Delfeld World Tour?"
In previous columns, I've profiled the investment prospects in countries like Argentina, Indonesia and two weeks ago, we hit Singapore.
Today, we head north from Singapore to another promising emerging market nation - Malaysia. The Southeast Asian country boasts many attributes similar to Singapore. In fact, the two countries' relationship goes deeper than just being excellent places to send your investment dollars.
Having once had a checkered relationship (Singapore split from Malaysia and gained its independence in 1965), there are now several overlapping traits between the two - a kind of "Malaysiapore," if you will.
With a surface area of just over 127,000 square miles, Malaysia is home to about 24.8 million people and is rich in natural resources. It exports both natural gas and oil and has low inflation and debt.
So let me show you why I see Malaysia as a "middle way" for investors and why you should add this strong emerging market to your global portfolio...
A Fistful of Benefits: Five Reasons Why You Should Invest Your Money in Malaysia
What is this "middle way?"
Simply put, instead of the 8% to 9% GDP growth seen in markets like China, Indonesia and India (which is largely driven by low wage rates), Malaysia will grow at a more modest, but more consistent and well-rounded 5% to 6% clip.
Plus, it's a solidly middle-income country, with a per capita income north of $10,000. And more investors have begun to look beyond the headline-grabbing emerging markets towards places like Malaysia instead. Why should you join them? Five reasons...
~ Strong Diversification:
Although palm oil, tin, petroleum, copper, iron ore and other commodities are an important part of the Malaysian story, its economy is well diversified. A full 50% of GDP comes from the services sector, with 40% coming from industry and 10% from agriculture.
~ Attractive Demographics:
With 32% of Malaysia's population under 15 years of age, 58% of people under 30, and just 8% over 60, the country boasts attractive demographics and a very strong foundation for future growth.
By contrast, just 15% of Japan's population is under the age of 15.
~ Forward-Looking Economic Plan:
Malaysian economic growth rolled in at a respectable 6% last year, which has resulted in a solid upward move alongside the middle-income nations.
But Malaysia needs reforms to move to the next level. In particular, it needs to end preferences for some ethnic groups in order to keep talent in the country. In this regard, the government hopes that its New Economic Model (NEM) will increase per capita income to $15,000. To meet this goal, however, the country's GDP will have to grow by an average of 6% per year over the next five years.
~ Strong Currency:
With U.S. interest rates at record lows and more money consequently pouring into fast-growing Asian markets, currencies are gaining strength. The Malaysian ringgit is one of them, having recently climbed to a 13-year high.
~ Valuations in the Middle:
To some degree, the markets already reflect the changing perception of Malaysian risk and potential return. According to data from Thomson Datastream and Reuters, the overall price-to-earnings ratio for the Malaysian market is 15, while Singapore's is 16.5. Other Asian markets like Indonesia trade for 21 times earnings, while India's Sensex index is trading at a vulnerable-looking all-time high of 24.
But remember how I said earlier that Malaysia and Singapore share a deep relationship and similar traits? The increasing economic integration between the two countries essentially acts as a "dividend" to investors, as it fosters higher economic growth and political stability.
Jump on the "Profit Causeway"
Malaysia and Singapore have agreed to set up a Joint Ministerial Committee, which will oversee economic cooperation in the Iskandar Development Region (IDR) in Johor, Malaysia and will have a causeway linking it to Singapore.
The region spans an area of 850 square miles, which is roughly three times Singapore's size, and smart cards will facilitate the two-way traffic of Malaysians and Singaporeans to the IDR.
It's estimated that on a regular workday, more than 150,000 workers commute over the Johor-Singapore causeway to earn a better living.
So how can you earn some money from this, plus Malaysia's other broad economic and market benefits and the expectation of continued growth?
Grab a Southeastern Asian Double
The most direct way to gain from this joint project would be to jump on a plane and take a grubstake in Johor real estate.
But since that's not really practical, check out the iShares MSCI Malaysia Index (NYSE: EWM) - a basket of leading Malaysian companies. Breaking the fund down, one-third of the stocks are financials, while consumer staples and discretionary companies make up an additional 29%. Industrial firms account for a further 18% of the portfolio. The fund has an annual expense ratio of only 0.54%.
Essentially, investing in Malaysia is also a back-door strategy to investing in Singapore and capturing the dynamic economic growth within the region. So put both Malaysia and Singapore in your global portfolio and grab the twin growth of "Malaysiapore."
Good investing,
Carl Delfeld
Karambunai in the limelight after budget
U.S. stocks declined on Tuesday as financial results from Apple and IBM disappointed investors after the recent run-up in technology shares. And I think our Bursa will take heavy profit taking before it next move. I have sold off my babe Kbunai after the outgoing PKR vice-president Jeffrey Kitingan asked how the federal government could make such an allocation on a contentious property that was at the centre of a legal tussle. He said the legal controversy over the property would render it impossible to implement the project in Karambunai which is in the outskirt of Kota Kinabalu, nonetheless since it is a speculative stock, I might enter when time arrives. Thanks babe Kbunai for adding into my profolio.
-------------------------------------------------------------------------------------
PETALING JAYA: Sabah-based Karambunai Corp seems to have received more than its fair share of attention in the past month.
More recently, it hit the limelight when recently-revealed Budget 2011 stated that Nexus Karambunai – a renowned resort in Sabah – had committed to develop an integrated RM3bil eco-nature resort.
Under the Karambunai integrated resort plan, there are plans to develop a 150ha eco-nature resort at Karambunai alongside a mangrove centre, water theme park and waterfront properties to push for higher return on investments. It is understood that the RM3bil investment will be privately funded, although there are yet to be any concrete details on how this funding will be raised and by whom.
The budget stated that the project would commence next year. In the same paragraph on the Karambunai initiative, the budget proposed that “to support the tourism industry, the Government will allocate RM100mil.” However, it is not clear if this means that the Government will actually invest that money directly into the Karambunai project.
The major shareholder of Karambunai is its president, Tan Sri Chen Lip Keong, who owns 43.9% stake in the company. The 62-year old also owns gaming company NagaCorp, which is listed in Hong Kong and operates a casino in Cambodia.
Having long languished as a penny stock, Karambunai Corp’s shares have been on an uptrend in recent weeks, recording its 52-week high yesterday at 26.5 sen. This stands in stark contrast to four months ago, when the stock price was hovering at a meagre 5 sen.
Still, scepticism abounds on Karambunai’s ability to execute this grand plan, not least because of its weak financial status. The company has been in the red for the past three financial years.
For the quarter ended June 2010, the company continued to remain in poor financial health, suffering losses of RM14.39mil from a previous loss of RM14.62mil. Revenue was up 7.78% to RM24.03mil. As of the period, the company had cash amounting to RM7.29mil. In addition, it has piled on huge debts with short-term borrowings of RM192.07mil and long-term borrowings of RM283.77mil.
This is not the first time the counter has witnessed such exuberance in the absence of any fundamental development. A month ago, the company made headlines when it was speculated that it would start a casino operation in Sabah.
The speculation came about from a proposal of the 500-acre “eco-nature” resort in Sabah by the Performance Management and Delivery Unit (Pemandu) at the Economic Transformation Plan (ETP) open day a month ago.
This piece of speculation drove the share price from 5.5 sen on Sept 21 to 18 sen in a matter of three days.
On Sept 24, Karambunai informed the stock exchange that it has not submitted any official proposal to the Government, nor had it penned any written documents with any other third parties in respect of any plan to build a casino in Karambunai.
So for now, the company has yet to come up with any concrete plans for the eco-nature resort.
Again this week, on Monday, the company had to clarify to Bursa that it had not signed any understating or agreement with any parties and does not have any corporate developments which merit public disclosure.
The company said its controlling shareholder, in his private capacity, had acted as a promoter to invite interested parties to invest in Karambunai.
Karambunai said its property was included in the Budget 2011 speech after its Nexus Karambunai Hotel general manager attended the Performance Management and Delivery Unit-driven national key economic areas tourism lab together with other members of the private and public sectors.
Incorporated in 1965 as Electrical and Allied Industries Ltd, Karambunai Corp is mainly in leisure and tourism, infrastructure and property development
In 1984, the company announced that it would go into the leisure and tourism market as well as property and construction, manufacturing, trading, infrastructure development, and even aerospace and information technology.
On Sept 13, 1993, the company changed its name to FACB Bhd and later to FACB Resorts Bhd on Sept 30, 1999.
It assumed its present name of Karambunai on Sept 30, 2004. It is now mainly in leisure and tourism, infrastructure and property development
Currently, Karambunai owns about 1,500 acres in Karambunai, a peninsula which lies some 27km north of Kota Kinabalu airport.
Its flagship asset is the Nexus Resort & Spa Karambunai, a luxury 5-star 485 room international-class resort hotel with a world-class 18-hole golf course, combining elements of modern architecture with Borneo design and style.
Its latest development in the area are the beachfront Nexus Residences Karambunai (NRK), which features upmarket beachfront resort villas and will comprise about 2,000 units when completed.
By TEE LIN SAY
linsay@thestar.com.my
-------------------------------------------------------------------------------------
PETALING JAYA: Sabah-based Karambunai Corp seems to have received more than its fair share of attention in the past month.
More recently, it hit the limelight when recently-revealed Budget 2011 stated that Nexus Karambunai – a renowned resort in Sabah – had committed to develop an integrated RM3bil eco-nature resort.
Under the Karambunai integrated resort plan, there are plans to develop a 150ha eco-nature resort at Karambunai alongside a mangrove centre, water theme park and waterfront properties to push for higher return on investments. It is understood that the RM3bil investment will be privately funded, although there are yet to be any concrete details on how this funding will be raised and by whom.
The budget stated that the project would commence next year. In the same paragraph on the Karambunai initiative, the budget proposed that “to support the tourism industry, the Government will allocate RM100mil.” However, it is not clear if this means that the Government will actually invest that money directly into the Karambunai project.
The major shareholder of Karambunai is its president, Tan Sri Chen Lip Keong, who owns 43.9% stake in the company. The 62-year old also owns gaming company NagaCorp, which is listed in Hong Kong and operates a casino in Cambodia.
Having long languished as a penny stock, Karambunai Corp’s shares have been on an uptrend in recent weeks, recording its 52-week high yesterday at 26.5 sen. This stands in stark contrast to four months ago, when the stock price was hovering at a meagre 5 sen.
Still, scepticism abounds on Karambunai’s ability to execute this grand plan, not least because of its weak financial status. The company has been in the red for the past three financial years.
For the quarter ended June 2010, the company continued to remain in poor financial health, suffering losses of RM14.39mil from a previous loss of RM14.62mil. Revenue was up 7.78% to RM24.03mil. As of the period, the company had cash amounting to RM7.29mil. In addition, it has piled on huge debts with short-term borrowings of RM192.07mil and long-term borrowings of RM283.77mil.
This is not the first time the counter has witnessed such exuberance in the absence of any fundamental development. A month ago, the company made headlines when it was speculated that it would start a casino operation in Sabah.
The speculation came about from a proposal of the 500-acre “eco-nature” resort in Sabah by the Performance Management and Delivery Unit (Pemandu) at the Economic Transformation Plan (ETP) open day a month ago.
This piece of speculation drove the share price from 5.5 sen on Sept 21 to 18 sen in a matter of three days.
On Sept 24, Karambunai informed the stock exchange that it has not submitted any official proposal to the Government, nor had it penned any written documents with any other third parties in respect of any plan to build a casino in Karambunai.
So for now, the company has yet to come up with any concrete plans for the eco-nature resort.
Again this week, on Monday, the company had to clarify to Bursa that it had not signed any understating or agreement with any parties and does not have any corporate developments which merit public disclosure.
The company said its controlling shareholder, in his private capacity, had acted as a promoter to invite interested parties to invest in Karambunai.
Karambunai said its property was included in the Budget 2011 speech after its Nexus Karambunai Hotel general manager attended the Performance Management and Delivery Unit-driven national key economic areas tourism lab together with other members of the private and public sectors.
Incorporated in 1965 as Electrical and Allied Industries Ltd, Karambunai Corp is mainly in leisure and tourism, infrastructure and property development
In 1984, the company announced that it would go into the leisure and tourism market as well as property and construction, manufacturing, trading, infrastructure development, and even aerospace and information technology.
On Sept 13, 1993, the company changed its name to FACB Bhd and later to FACB Resorts Bhd on Sept 30, 1999.
It assumed its present name of Karambunai on Sept 30, 2004. It is now mainly in leisure and tourism, infrastructure and property development
Currently, Karambunai owns about 1,500 acres in Karambunai, a peninsula which lies some 27km north of Kota Kinabalu airport.
Its flagship asset is the Nexus Resort & Spa Karambunai, a luxury 5-star 485 room international-class resort hotel with a world-class 18-hole golf course, combining elements of modern architecture with Borneo design and style.
Its latest development in the area are the beachfront Nexus Residences Karambunai (NRK), which features upmarket beachfront resort villas and will comprise about 2,000 units when completed.
By TEE LIN SAY
linsay@thestar.com.my
Monday, October 18, 2010
Govt to spend RM100m Karambunai resort
KBUNAI received a boost after PM’s announcement of a RM3 billion injection to develop the Karambunai resort area. So there may be some truth to the rumour that a casino license is going to be issued to KBUNAI. As such this is a speculative BUY. It may well turn out to be a rising star if indeed this casino rumour comes true! But despite it is speculative my hands still itchy to touch, since last Friday I was away from the market going back kampung, so today got at much higher price. Should not cancelled my buy order last week otherwise today already laughing to the bank, hehehe......... so come on baby.... come to me I love u Kbunai.....I might get more of u.......(for my own reading pleasure only, do not follow me)
By Sharen Kaur
DEVELOPER and resort operator Karambunai Corp Bhd (3115) will build an integrated eco-tourism resort (IR) in Kota Kinabalu, Sabah, for over RM3 billion.
In unveiling the 2011 Budget yesterday, Prime Minister Datuk Seri Najib Tun Razak said the government will allocate RM100 million to part-finance the development.
Najib said the project will start next year.
The IR project is now under planning and it will take about five years to complete.
It is learnt that the project, which may look like Singapore's Marina Bay Sands, will be developed over 200ha of land in the Karambunai peninsula.
Karambunai Corp has 600ha of land in the Karambunai peninsula. It has since 1997 used about 130ha to build the five-star Nexus Resort Karambunai, Nexus Golf Resort Karambunai and 200-odd units of luxury beachfront villas.
Company sources said the IR project will have four- and five-star hotels and resorts, waterfront properties and an entertainment centre.
It may also include a museum, cultural villages, a cable car and a theme park similar to the famed Disneyland.
"We have the support of the state-government, which is very pro-active in eco-tourism projects in Sabah. International experts will be roped in for the IR project to ensure that it attracts locals and foreigners, targeting a boost in tourism," one source said.
Sabah-based Karambunai Corp is linked to NagaCorp Ltd, which is listed in Hong Kong and operates a casino in Cambodia.
The two companies' common shareholder is Tan Sri Dr Chen Lip Keong, who founded NagaCorp and serves as its chief executive officer. Chen is president of Karambunai Corp.
Taken from...Business Times Monday, October 18, 2010, 10.12 PM
By Sharen Kaur
DEVELOPER and resort operator Karambunai Corp Bhd (3115) will build an integrated eco-tourism resort (IR) in Kota Kinabalu, Sabah, for over RM3 billion.
In unveiling the 2011 Budget yesterday, Prime Minister Datuk Seri Najib Tun Razak said the government will allocate RM100 million to part-finance the development.
Najib said the project will start next year.
The IR project is now under planning and it will take about five years to complete.
It is learnt that the project, which may look like Singapore's Marina Bay Sands, will be developed over 200ha of land in the Karambunai peninsula.
Karambunai Corp has 600ha of land in the Karambunai peninsula. It has since 1997 used about 130ha to build the five-star Nexus Resort Karambunai, Nexus Golf Resort Karambunai and 200-odd units of luxury beachfront villas.
Company sources said the IR project will have four- and five-star hotels and resorts, waterfront properties and an entertainment centre.
It may also include a museum, cultural villages, a cable car and a theme park similar to the famed Disneyland.
"We have the support of the state-government, which is very pro-active in eco-tourism projects in Sabah. International experts will be roped in for the IR project to ensure that it attracts locals and foreigners, targeting a boost in tourism," one source said.
Sabah-based Karambunai Corp is linked to NagaCorp Ltd, which is listed in Hong Kong and operates a casino in Cambodia.
The two companies' common shareholder is Tan Sri Dr Chen Lip Keong, who founded NagaCorp and serves as its chief executive officer. Chen is president of Karambunai Corp.
Taken from...Business Times Monday, October 18, 2010, 10.12 PM
Sunday, October 17, 2010
Traditional way to reduce cholesterol
Below is a recipe someone shared with me a traditional way on reducing cholesterol. I heard from a friend that someone managed to avoid a bypass surgery after he drank this soup every morning for 25 days!
For the normal person, just drink it once in a while..
RECIPE FOR REDUCING CHOLESTEROL Ingredients:
1) black fungus (80g)
2) old ginger (80g)
3) red dates (10)
Method:
1) Soak the black fungus in water until it is soft and then wash it clean.
2) Cut the ginger (without removing the skin) into roughly 8 slices.
3) Remove the seeds from the red dates.
4) Put all the ingredients into a slow cooker.
5) Add in 8 cups of water into the cooker.
6) Cook the mixture for 6 hours using low heat.
Note: It is best to prepare this in the evening and start cooking before you
go to bed. If you start cooking at say 9 pm, the soup should be ready for drinking by 6 am. This was how I tried it few years back for my hubby n it sound applicable which helped to lower his cholesterol.
Wednesday, October 13, 2010
The 4 cats
Four men were bragging about how smart their cats were.
The first man was an Engineer,
the second man an Accountant,
the third a Chemist, and
the fourth was a Government Employee.
To show off, the Engineer called to his cat, "
T-square, do your stuff."
T-squarepranced over to the desk, took out some paper and pen and promptly drew a circle, a square, and a triangle.
Everyone agreed that was pretty smart.
But the Accountant said his cat could do better. He called his cat and said,
"
Spreadsheet, do your stuff."
Spreadsheetwent out to the kitchen and returned with a dozen cookies. He divided them into 4 equal piles of 3 cookies.
Everyone agreed that was good.
But the Chemist said his cat could do better. He called his cat and said, "
Measure, do your stuff."
Measuregot up, walked to the fridge, took out a quart of milk, got a 10 ounce glass from the cupboard and pouredexactly 8 ounces without spilling a drop into the glass.
Everyone agreed that was pretty good.
Then the three men turned to the Government Employee and said, "What can your cat do?"
The Government Employee called his cat and said, "
CoffeeBreak, do your stuff."
CoffeeBreakjumped to his feet.......
ate the cookies........
drank the milk.......
sh*t on the paper.......
screwed the other three cats.......
claimed he injured his back while doing so.......
filed a grievance report for unsafe working conditions.......
put in for Workers Compensation...............and
went home for the rest of the day on sick leave............
AND THAT, MY FRIEND IS WHY EVERYONE WANTS TO WORK FOR THE GOVERNMENT!!
Tuesday, October 12, 2010
Baby Bruce Lee
He is impersonating Bruce Lee in action......... or is it the incarnation of late Bruce Lee........
Monday, October 11, 2010
CT Scan
Nearly 30,000 Americans Get Cancer From This One Procedure EVERY Year: Will You?
CT scans yield higher-resolution images than regular medical X-rays. Unfortunately, they also expose the patient to hundreds and sometimes thousands of times the amount of radiation.
The routine use of CT scans has vastly increased. CT scans are now being promoted to healthy people -- even whole body CT scans. Lucky that I have never taken a scan yet in my life.
According to Life Extension Magazine:
“The problem is that the explosion in unnecessary CT scans has been going on every year. If we carry this back just ten years, this means that we are facing horrific deaths from CT scan-induced cancers.”
Quotes from Dr. Mercola's Comments:
----------------------------------------------------------------------------
Despite clear evidence that the radiation from x-rays is damaging to your body, our current medical system continues to promote the careless and excessive use of radiation-based diagnostic scans.
This year, one in every 10 Americans will have a CT scan (computed tomography).
The amount of money spent on medical imaging doubled between 2000 and 2006 to about $14 billion a year—and that is just Medicare alone, according to a study by the Government Accountability Office.
More than 70 million CT scans per year are now performed in the US , including at least 4 million on children. This is up from just 3 million in 1980.
Nearly 30,000 Get Cancer EVERY Year in the US from CT Scans
According to a study in the Archives of Internal Medicine last year, CT scans alone will cause nearly 30,,000 unnecessary cancer cases (about 2 percent of cancer cases), which will lead to about 14,500 deaths.
But wait, there’s more bad news.
While 30,000 cancer cases is a large number, a New England Journal of Medicine study from 2007 estimated that overuse of diagnostic CT scans may cause up to 3 million excess cancers over the next 20 to 30 years.
For those slow on math that is 1,00X more deaths over the next 25 years.
David Brenner of Columbia University , lead author of the study, told USA Today:
"About one-third of all CT scans that are done right now are medically unnecessary … Virtually anyone who presents in the emergency room with pain in the belly or a chronic headache will automatically get a CT scan. Is that justified?"
Why are so many CT scans being done, when they result in so many unnecessary deaths?
There are several reasons:
Physicians fear being sued for malpractice if they miss something.
Some patients pressure their physicians for scans “just to be safe,” especially after hearing advertisements touting the benefits of new hi-tech tests (without disclosure of the risks).
Physicians are more often using scans to screen “the worried well” (such as scanning former smokers for lung cancer).
Many doctors have purchased their own imaging equipment for their practices. This adds a financial incentive into the mix and sets the stage for overuse of the technology.
There’s a trend toward commercially advertised full-body CT scans to “find everything wrong with you.” Consumers with extra cash lying around (in excess of $1,000 in most cases) are being encouraged to undergo a full-body scan as a preventive measure.
While high-tech imaging can be beneficial in certain cases, it must be used SPARINGLY because it exposes your body to dangerous radiation—radiation that is proven to cause cancer.
And you are being exposed to more radiation from your diagnostic test than was previously thought. Studies have recently found that radiation doses from CT scans tend to be higher than the amounts generally reported.
When the diagnostic procedure causes the disease you are trying to avoid, perhaps you should reconsider the procedure!
Becoming aware of the risks of medical scans is part of becoming a smart consumer and knowing your health care options. Research suggests that a dismal seven percent of patients are informed of the risks of CT scans.
Why X-Rays are so Damaging to Your Health
There are four primary reasons that x-rays (and other diagnostic tests that rely on ionizing radiation, such as mammograms and CTs) should be minimized:
They cause chromosomal mutations that are often irreparable, and the effects are cumulative.
They cause DNA changes that are proven to lead to cancer.
They cause DNA damage in your arteries, which can lead to cardiovascular disease.
They often result in misdiagnosis and false positives, increasing the likelihood of follow up tests—further increasing your radiation exposure.
X-rays and other types of ionizing radiation have been, for decades, a proven cause of virtually all types of mutations—especially structural chromosomal mutations. X-rays are an established cause of genomic instability, which is frequently seen in the most aggressive cancers.
X-rays act like tiny little “grenades” that are far more damaging to your DNA than the metabolic free radicals, which are routinely produced by your cell’s natural metabolism. Ionizing radiation can damage the genetic material of every internal organ or cell lying within the path of an x-ray beam. Within an organ, even a single high-speed high-energy electron, set into motion by an x-ray photon, has a chance of inducing the types of damage that defy repair.
That is why there is no safe dose of x-rays.
And when such mutations are not lethal to the cell, they persist and accumulate with each additional exposure to x-rays or other ionizing radiation.
On top of the DNA mutation effects, there is the issue of arterial damage and increased risk of blood clots.
How can radiation move you closer to a heart attack?
Radiation damages the DNA in your arteries, which in turn causes the cells lining your arteries to multiply abnormally, decreasing the size of the arterial lumen and effectively “narrowing” your arteries. This radiation-induced tissue inside your arteries is similar to scar tissue, decreasing vessel elasticity and increasing your risk for arterial blockage.
According to John Gofman, M.D., Ph.D., evidence indicates that more than 50 percent of deaths from cancer and more than 60 percent of deaths from ischemic heart disease may be x-ray-induced.
Misdiagnosis – Yet Another Drawback that Can Significantly Harm Your Health
Full body scans (as well as mammograms) can frequently lead to misdiagnosis rather than provide peace of mind. They are notoriously unreliable and often have incidental findings that are within the “normal range” of variation, but worry the patient needlessly and create the desire for follow-up tests, and/or even more unnecessary medical interventions.
False positive diagnoses are far more common than you might think—as high as 89 percent in mammograms!—leading many to be unnecessarily and harmfully treated by mastectomy, more radiation, or chemotherapy.
Just the stress of having to cope with a diagnosis of a potential cancer could be enough to move the body toward disease and away from health.
Radiation Accidents More Common than You Might Think
If the dangers of “properly executed” CT scans don’t scare you, the additional risk of x-rays-gone-wrong will undoubtedly give you a chill.
The complexity of medical radiation technology has created new avenues for error by way of software flaws, faulty programming, poor safety procedures or inadequate staffing and training.
When those errors occur, they can be severe – even deadly.
The following types of radiation injuries have been reported:
DNA damage and mutations
Acute radiation toxicity (burned skin, nausea, dry mouth, difficulty swallowing, loss of taste, tongue swelling, hair loss, etc.)
Skin burns, including gaping holes in the body that won’t close
Wounds that won’t heal due to damaged blood vessels and chronic inflammation, which deprive the area of nourishment
Organ damage
Bone death, such as destruction of the jaw, and loss of teeth
Death
The New York Times published an article in January of 2010 about the alarming rise in radiation-related injuries and deaths, including those listed above. People know very little about the harm that can ensue when safety rules are violated and these powerful and technologically complex machines go awry.
The difference between a routine CT scan and a death sentence is as simple as a computer error causing you to be blasted with errant beams of radiation, leaving you in unspeakable pain, or worse.
Your Odds May be as Low as 1 in 20 for Sustaining a Radiation Injury
There is no good estimate of the frequency of these radiation accidents—regulators and researchers can only guess how often radiologic mishaps occur. They’re chronically underreported, and some states don’t require they be reported at all.
Dr. John Feldmeier, an authority on the treatment of radiation injuries, estimates that 1 in 20 patients will suffer radiation injuries. According to the New York Times article, the nation’s largest wound care company treated 3,000 severe radiation injuries in 2009 alone.
You might not even realize you’ve suffered radiation overexposure, if you don’t happen to connect your symptoms to the radiological event.
This is precisely what happened to 200 patients in Los Angeles who underwent a specific type of CT brain scan at Cedars-Sinai Medical Center. The unsuspecting patients received eight to 10 times the normal dose of radiation due to an incorrectly programmed machine. The overdose wasn’t discovered for 18 months and only came to light after a patient reported losing patches of hair following the scan.
On the whole, diagnostic imaging tests have increased your average radiation exposure sevenfold since 1980.
Increased exposure means increased cancer risk.
Widely Overused CT Scans May Cause 1 Million Excess Cancers per Decade
There is no doubt the use of radiation in medicine has many benefits—that’s indisputable. However, you may not be aware you could be having the same x-rays done for a fraction of the radiation exposure.
Within the professions of radiology and radiologic physics, there are mainstream experts who have shown how the dosage of x-rays in current practice could be cut by more than 50 percent, without any loss of information and without eliminating a single procedure.
The potential for dose-reduction may far exceed 50 percent without loss of quality, and in fact with an improvement in quality due to uniform exposure:
Radiation can be reduced at least 5-fold for some common x-ray exams
Radiation can be reduced at least 8-fold for abdominal exposures
Mammogram radiation can be reduced 55- to 69-fold for various breast images
One CT Scan is 100 Times More Dangerous than Chest X-Ray
CT scans emit far more radiation than conventional X-rays—a CT scan of the chest delivers 100 times the radiation of a conventional chest X-ray, and a mammogram delivers 1,000 times more radiation.
Over a ten-year period, a woman can receive as much radiation exposure (5 rads) from routine mammograms as a Japanese woman one mile from the epicenter of the atomic bombs dropped on Hiroshima or Nagasaki.
Many nonessential radiation-based scans could be eliminated altogether.
Thousands of Children Die Every Year from CT Scans
High doses of radiation are of particular danger to children, because they have many developing cells and organs. Children also have many years of life ahead of them over which they will experience multiple x-rays—and the risk is cumulative.
What is inexcusable is that CT scans given to kids are typically calibrated for adults. Children are routinely receiving two to six times the radiation necessary to accomplish the task (American Journal of Roentgenology 2001).
As a result, it is estimated that 1500 children may die each year from CT scans they had earlier in life.
How You Can Protect Yourself from “Indecent Exposure”
I would encourage you to avoid x-rays whenever possible.
There may be times when a CT scan is warranted, depending on your condition. But oftentimes a CT scan can be substituted with an MRI or an ultrasound, both of which have fewer harmful side effects, while still able to produce the necessary information.
The UC Berkeley Wellness Letter offers some good suggestions for questions you should ask before undergoing a diagnostic scan:
Is the test really necessary?
What difference will it make in my care?
Is there a non-radiation alternative, such as ultrasound or MRI?
Is the facility accredited by the American College of Radiology?
Will the test use the lowest level of radiation for adequate imaging? (Will it be adjusted for my size, or my child’s size?)
Will the scan be limited to the indicated area, and will nearby areas be shielded?
Avoid CT Scans Unless Your Life Depends on It
I believe the evidence is very clear that you need to avoid CT scans at all costs. There is absolutely no justification to use a full body scan as a screening of any sort. That is just utter nonsense and the risk in no way justifies the benefit.
Occasionally CT scans are useful diagnostically, but in most cases MRIs can provide similar imaging results and at this time appear to be far safer.
Subscribe to:
Posts (Atom)
Blog Archive
Labels
- Architecture (4)
- Christianity Knowledge (13)
- Clothes (1)
- Cooking and Baking (15)
- Daily encounters (23)
- Education (2)
- Entertaintment (3)
- Exercises (2)
- Festival Days (10)
- General (51)
- Greetings (6)
- Health Centre (59)
- Humours (6)
- Investment (13)
- Laughter (12)
- Mandarin worship songs (2)
- My Sons (4)
- Myself (5)
- Reunion (1)
- Songs (24)
- SUDOKU PUZZLES (1)
- Sunday Worship Songs (18)
- Travel n tour (14)
- Words from God (20)
My Most Frequented Invesment blogs
Financial Links
World Market Exchang Rate
Passion cbox
Mind your language. Do please respect others.