Malaysia Touch and Go Toll - Overcharge Refund Plus High Way 8 Sep 2024 11:53 PM (7 months ago)

If you enter the toll using RFID and exit using Smart Tag, there's penalty max on toll in Malaysia. It will not refund automatically.

Here's step for refund:

#1 Visit Touch and Go Portal -> tngportal.touchngo.com.my

#2 Click Refund Request > Request Type > Overcharged-Penalty

Malaysia : How to apply for a Maybank Debit Card replacement via Maybank2u? 3 Sep 2024 10:35 PM (7 months ago)

Here's proper step to renew your expired Maybank Debit Card :

Step 1	Log in to Maybank2u (www.maybank2u.com.my)
Step 2	Go to ‘SETTINGS’ and select ‘CARDS'
Step 3	Under ‘Manage Debit Cards’, go to ‘Debit Card – Replace, Activate & Block’ and select ‘Replace Card’
Step 4	Follow instructions to complete steps and click ‘Submit’

GENERAL ELECTRIC STOCK - Review 15 Jun 2024 8:24 AM (9 months ago)

If you see the stock price chart above, you will know if this corp is growing or stagnant for the past 20 years.

Our Rating : SELL GE stock

Malaysia - US Form 1042-S for US Trading Account 12 Jun 2024 2:23 AM (10 months ago)

As a non-US investor, you will be sent a Form 1042-S for the preceding tax year if you have reportable activities. Any US withholding that occured along with the income it is attributed to , will be reported on Form 1042-S.

The form is sent to US IRS, which will deliver to the Tax Autority of your country of residence.

No US Tax failing is necessary. You may be required to report certain income earnings to your country.

Walton international News - Investors pumped billions into Walton Group suburbs that never got built 18 Jul 2023 8:27 AM (last year)

Refer to post from financialpost.com ,

https://financialpost.com/real-estate/investors-pumped-billions-into-suburbs-that-never-got-built

"Walton says the severity of the real estate recession was "unforeseen," and the recovery in the U.S. has been much slower than expected, leaving some of their lands unsold. "

Just be careful if you invest into land banking, especially Asia investor.

Unable to receive SMS Verification Code from WeChat in Malaysia? Migrate to new phone but unable to migrate WeChat? 16 Jul 2023 9:05 AM (last year)

For any user who migrate to new phone, you may encounter issue where no SMS verification code from Wechat.

Here's quick fix on this issue

#1 Check the permission of WeChat Apps

#2 Enable all the permission.

#3 Restart Wechat Apps.

#4 You should try to request SMS Verification code. It should work now.

This issue may spend quite long hours to resolve.

Replacement Of Card Loss (NRD) in Malaysia 25 Oct 2020 11:28 PM (4 years ago)

For NRD loss in Malaysia, you may fill report in Police Station and apply MyKad online.

Steps:

1. Pemohon mestilah hadir dimana-mana kaunter JPN; atau

2. Memohon gantian kad pengenalan hilang secara atas talian di laman web (www.jpn.gov.my) melalui aplikasi “Sistem Gantian MyKad” bagi permohonan yang tidak melibatkan pertukaran gambar atau maklumat pemohon yang bertaraf Warganegara.

2020 Market Prediction - Last Stage of Bull Market 23 Jan 2020 7:06 PM (5 years ago)

Jan 2020 - We forecast the global bull market will continue in first half of year 2020. In second half of 2020, we should see the global market trend to bear market.

Market Bull Trend - Why?
- Government cut the interest rate
- Hot money flow into stock market

Aemulus Holdings Bhd (KLSE : 0181) Stock - Big Sell Down 21 Dec 2018 7:47 AM (6 years ago)

Aemulus Holdings Bhd

In 22 Dec 2018, Aemulus stock priced @21 cents.

Outlook Summary

#1 In 2019, World Bank forecast a slowdown in global economy.

#2 US-CHINA trade war impact is unpredictable.

Aemulus Stock Price Trend

#1 We predict AEMULUS stock will be hammered by investor for unable to grow its business.

#2 Test & Measurement Industry is highly depend on OEM/ODM factory to purchase their equipment. Most likely AEMULUS will not able to grow its revenue due to capital expenditure control.

#3 In term of design complexity, AEMULUS equipment is not something special, which unable to copy/design by China Technology Corp. In long term view, their business is not having competitive advantages over the long term.

#4 P/E 21 - Ultra High Valuation. AEMULUS stock should price @PE = 8/5 as unable to grow its business revenue steadily. Negative grow is something you should be aware of it.

Conclusion:

We rated SELL to AEMULUS stock. In our opinion, this stock worth RM0.08 - RM0.10. Holding this risky stock may not good for long term investor.

Riding The Bear Markets 20 Jul 2018 9:04 AM (6 years ago)

First of all, i would like to thanks for a successful investment journey since 2008. I had gone thru the bull and bear markets over the last 10 years.

In May 2018, we forecast a bear market by shorting markets using Warrant (FBMKLCI-4HQ). With this short position, we made a big bucks in our total asset.

For coming months, the market may see turbulent over China-US Trade War. In my opinion, both party may end up in negotiation.

In coming months, we're looking for aggresive way to timing the macrotrend investment.

21 July 2018

CLLEE(cfa)

BITCOIN : Big Selldown - What's next in 2018 ? 8 Feb 2018 8:02 AM (7 years ago)

Bitcoin is the most active cypto-currency trading in Global. I believe that the current bitcoin price is at support level 8,000. If it breaks this support level to 7000, it's a strong bear trend for bitcoin. It may go down further.

While majority regulator , high profile fund mangers are comments "BITCOIN is a BIG SCAM", it may create a mega-bear trend for bitcoin. It may collapse anytimes.

Global Porfolio - Purchase Direxion Daily Financial Bull 3X (FAS) in New York Exchange 26 Jan 2018 11:11 PM (7 years ago)

We bought USD80.31 shares FAS in New York Exchange on 25 Jan 2018.

Ideas :

"Interest rate going up for 3 quarters may boost the US Bank Revenue. Overall, US banking sector will see turnaround in revenue."

Walton International Investment - A Scam? Guaranteed return? 23 Apr 2017 5:54 PM (7 years ago)

"I was meeting up with my long time sec school friends over the long weekend and one of them recently got approached by her friend to buy an investment from Walton International. She was talking about it and indeed it sounds interesting. Can potentially double your investment in 3-4 years. She was also saying that her friend who is working in Walton is doing very well. Late 20s but can already afford to get married, owns a condo and drives a BMW 3 series.

Just wondering, has anyone ever been approached by the people from Walton International to buy their investment products? What are the things that you feel or have heard about this?

Also, the career in Walton. Sounds good. Anyone has heard anything about this as well?"

We're reading a lot messages from people who interest in Walton International Investment. The attractive return, is a key point for them to do more research on this corp.

If you're investing in Walton International Investment, please share with us more if you see any problem.. Thanks !

JJPTR - Ponzi Scheme/Scam ? 22 Apr 2017 8:50 AM (7 years ago)

If you see above MAS(Monetary Authority Singapore), JJPTR is added into ALERT List. Please be careful if you invest big capital into this company. Think before you invest !

- More at AllSingaporeStuff.com https://www.allsingaporestuff.com/article/beware-malaysian-ponzi-scheme-jjptr
FB: http://fb.com/allsgstuff

Walton International - Good Investment? 23 Jun 2016 8:25 AM (8 years ago)

Walton International is a Calgary, Alberta, Canada based land investment company. It has been aropund for 20 or more years. It claims a long track record of success, and it claims investments can exceed 15% or more per year.

It is my opinion that this is a highly risky investment based on a track record that is by and large unproven after 2005. Even up to 2005 some of Walton’s investments, for example around Calgary, took almost 20 years to deliver a measely 2%.

Ask them about this one !

Walton benefits three groups: the sales people who collect up to 15% commission, the dealers/referrers who take a cut of this 15%, and of course Walton and its owner, Mr. Doherty.

The investment syndicate is taking very big fees for their “business concept” upfront. Therefore, it is highly lucrative for Walton, allowing it to pay for lawyers to stop blogs like this one, slick marketing brochures and fat sales commissions.

The outcome of the investment is highly speculative, especially in land syndications after 2005 which were often bought in the US into a booming market that dropped considerably in value after 2007. Many of their land projects, if sold today, would sell for less than purchase price. Add the 300-400% uplift and costs upfront and a 90% or more loss woudl be the result.

Of course Walton woudl not sell this land, and just sit on it. and sit. and sit. and sit. Maybe in 20 years you get your money back. Maybe.

Many of these investments – even with no value drop – will take 15 or more years to develop, let alone make a profit for investors as land demand is low in the US for 10+ years due to massive surpluses of homes, a tight lending envoronment for new home construction and dropping land values.

My opinion: Invest only if you do not need the money for 20 or more years.

Also ask for a ride on the corporate Lear jet, as you are paying for it !

Do not believe the sales reps who are often completely unaware of land development risks, costs or timelines and just sell it for the big fat commission.

It is not illegal. It is not a scam. It is just a bad investment in my opinion.

Asia Special Situation Fund - Stay out of Sterling trade ahead of EU poll 23 Jun 2016 8:16 AM (8 years ago)

Heavy trading volume and turbulence across currency, equity and bond markets is expected following Britain’s historic vote on its membership of the EU on Thursday.

Traders and brokers are particularly wary that UK polls close at 10pm local time on Thursday — when the trading day ends in New York and begins in the early hours in Asia.

Sterling has been particularly sensitive to swings in opinion polls in recent weeks, and liquidity in the foreign exchange market will be a particular focus after it dried up in January 2015 when the Swiss central bank shocked traders by removing the franc’s longstanding peg to the euro.

Bank has already warned customers it may not be able to provide usual levels of pricing and liquidity in the 24 hours after polling closes on Thursday.

We closed up all our sterling positions to avoid possible liquidity crunch on any shock.

Bird/Bat Repeller Product in Malaysia - #1 Product in Malaysia 22 Jun 2016 8:56 AM (8 years ago)

I would recommend anyone with bat issue or bird issue especially balgony, to install advanced bird/bat repeller to avoid any disease cause by bird/bat drops. It's really a good product, which show perfect results.

Price : RM199

You can easily purchase from webiste with Visa/Mastercard Payment.

http://www.termitesdiymalaysia.com/products/advanced-bird-repeller-repels-birds-cats-dogs-bats

June 2016 : Federal Reserve Chair : Janet Yellen 7 Jun 2016 1:12 AM (8 years ago)

Broad risk markets are back in business, buoyed by a renewed spurt in oil to 10-month highs and reassurances by Fed Chair Janet Yellen, who though acknowledging Friday’s ‘disappointing’ jobs report, said economic positives still outweigh negatives.

Yellen proved vague on the exact timing of the Fed’s tightening path, merely saying that further gradual rate hikes remained appropriate but dropped the phrase ‘in coming months’.

Nevertheless, iron ore climbed 2.1% with commodities as a whole via the CRB index impressively rallying into a bull market by gaining 20% from February’s lows and US Treasury yields modestly pared Friday’s steep jobs induced falls. However moves were capped with Fed fund futures now pricing in an even lower 2% chance of a June hike and 21.6% chance for July.

Looking ahead, Asian stock futures are pointing to modest opening gains with a prop from USD/JPY’s recovery of the 107 handle.

Ringgit will continue to head south 14 Aug 2015 7:25 AM (9 years ago)

Growing concerns over a corruption scandal involving Prime Minister Najib Razak and the Malaysia’s foreign exchange reserves dropped below US$100 billion as at the end July sent the ringgit crashing to 17-year lows against the greenback today.

Malaysia’s central bank, Bank Negara Malaysia, announced Friday that its international reserves amounted to 364.7 billion ringgit (96.7 billion U.S. dollars) as at the end of July the lowest level since 2010. A fall below the psychological US$100 billion level could put additional pressure on the ringgit.

The ringgit fell to 3.929 to the United States dollar – its weakest since September 1998, when it reached 3.9340. Malaysia set the peg at 3.8000 at the time, amid the Asian financial crisis.

BNP Paribas said the central bank has used an estimated US$40 billion since April 2013 to shore up the ringgit, raising questions over how heavily it can continue to support the ringgit. The intervention is probably limited to preventing excessive volatility rather than defending a certain level for the ringgit.

As the central bank struggles to slow declines in Asia’s worst-performing currency in the face of a protracted political crisis, Societe Generale said the defense of the exchange rate may stop at about the US$90 billion reserves mark, the bank revised its ringgit forecast for the third quarter to 4.1000 from 3.8000.

A slump in oil prices, a deepening political scandal, and the prospect of higher US interest rates underpinning a strengthening dollar have contributed to the ringgit’s 12.3 per cent loss this year.

Business operating costs have escalated dramatically on the back of a new minimum wage, power tariff hikes and the goods and services tax. Investors are keeping a close eye on its narrowing balance of payments, increasing budget strains caused by weaker commodity prices, as well as on its international reserves, which continue to head south.

The ringgit is suffering from a confidence deficiency that the currency could be further eroded if public and investor confidence are not quickly restored.

Real Investor : Making Big Bucks By Short-Selling in 2015 21 Jul 2015 9:15 AM (9 years ago)

We make a big bucks in July 2015 by short selling activities, which started since March 2015.

Thanks for all supports !

Fruitful Return in 2015 happen in Special Situation Porfolio. - Warren Lee

Short Seller Warren Lee : SHORT MALAYSIA INDEX 26 Jun 2015 8:56 AM (9 years ago)

Porfolio Manager Warren Lee - Successfully short sell Malaysia KLCI Index to profit from Long Term Economy SlowDown in Malaysia.

Again, We called SHORT MALAYSIA INDEX again NOW !

FOLLOW US !

Short Euro/USD on June 2015 5 Jun 2015 5:40 PM (9 years ago)

We're shorting Euro/USD in June to profit from megatrend on stronger USD.

Investing into Low Risk High Profit Market 10 Apr 2015 6:51 PM (10 years ago)

Special Situation fund manager spending years to study economy in Vietnam. Now, the big sell-down in Vietnam Stock Market, create an opportunities for us to accumulate the shares in Vietnam.

Thanks for market speculator. ;)

CL. LEE
Fund Manager

Go against crowd - Buy Oil & Gas Stock 6 Apr 2015 7:32 AM (10 years ago)

Now, O&G stock is trading at low P/E ratio. I will suggest investor to accumulate the O&G stocks in Russia, USA and China.

Last four years, we did a very good return on purchasing USD at low price. Now, we're focusing on other part.

FOLLOW US - BE PROFESSIONAL INVESTOR.

Thanks.

CL. LEE
Special Situation Porfolio Fund Manager

Market Trend - Europe/USD Currency - Drop furuther in coming months 5 Apr 2015 8:03 PM (10 years ago)

6 April 2014- Special situation porfolio is start to short the EURO/USD Currency :
1) Expect USD turn to stronger.
2) Expect Federal Reserve to raise interest in short term.

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