Saturday, December 13, 2014

Disposed Amanah Saham Wawasan 2020 & Amanah Saham Malaysia

Malaysia is a lovely place to live, but the ruling government know nothing about the economy & is not doing any good to turn it around.

The government is still playing the racial to ensure they are still staying in control in the next election.

The ASW2020 & ASM have been with me for decades, with good dividend yields at more than 6%. But I personally believe that when the nation fundamentals is going haywire, the funds that is supporting national projects will definitely hitted.

Furthermore I do not want my hard earn money to be used to fund those projects that benefitted the politicians instead of the country.

A hard decision is made, I have closed both accounts and cash out all my money.

IOI Skypod Puchong Jaya

Everyone is speculating that property market in Malaysia is turning south in 2015 due to over supply.

I agree and disagree.

In my view, new property that cost more than RM500k in not so strategic location and is not developed by prestigious developer will be at high risk.

Meanwhile I personally think that new property in good location and is a project under those prestigious developer will definitely still have room to appreciate.

The Skypod, Puchong Jaya developed by IOI Properties is one of the project that I believe it will bring good return.

  1. Strategically located opposite IOI Mall, behind IOI business park.
  2. Low density.
  3. The only studio units in Puchong Jaya
  4. Walking distance to Puchong Jaya commercial area.
  5. Very near to Chinese primary school.
  6. Easy access to LDP, KESAS, TPM Highway.
  7. Freehold.

The key will be handed over in 2015.
Let see if my guess is right.

AmFIRST REIT - Record Low Price

The AmFIRST REIT has hit rock bottom last week.

AmFIRST hitted its bottom at RM0.91 in March 2014 and then recovered in 2 weeks time before it price hitted another new record low last week.

I am not a technical analyst, but as long as the fundamental of AmFIRST is intact, I shall accumulate more of the units at cheap price.

Based on historical payout, unit holders can expect 8% dividend yield with entry price at RM0.89.

Wednesday, December 10, 2014

Wiper Blades Stolen at Guarded Car Park

Yesterday evening when I was returning home after picking up my spouse, I noticed that my wiper blades were missing when I attempt to clean my windscreen.

It was very lucky that the heavy rain was just stopped when I were heading home. It would have been a disaster if it was raining to drive without wiper blades.

I thought it was silly for the thieve to steal such invaluable item. I was wrong as I found out a pair of original wiper blades for my car cost RM300.

The incident has also trigger me that Malaysia economy is not doing well, and peoples is desperate for money.

I will definitely log an official complaint via my office as it was stolen at the corporate office basement.

Maybe I shall consider to move on to a safer place like Taiwan, Hong Kong or Singapore.

Western Union at IOI Mall Puchong

This is the second time I cash out Google Adsense payment via Western Union.

The crowd at the money changer is extremely packed, and there are customer waiting outside the shop.

Most of them are foreign workers, with the purpose of sending transferring their hard earn money to their home country.

Next time I will come very early to prevent the heavy crowd.

Alternately I may opt for cheque payment instead of Western Union.

Friday, October 10, 2014

Tougher living environment in the Greater Kuala Lumpur (KL), Malaysia

The economy situation in Malaysia has turned to worse from bad after the general election in May, 2013. Government has over spent the money to create feel good factors before the general election. The sweet dream painted by the government was faded off post election, and now the people has to the reality and prepare for a tougher environment especially for residents in the greater KL.

What makes up the tougher environments?

1. Implementation of 6% GST in April, 2014
While government is promoting the pros of the GST implementation, it will definitely create massive inflation and reduce the free capital in available in the market.
GST is said by the government as inevitable measure to sustain the overall national well being. Meanwhile the concepts sounds good, but I personally feel that unless we have an efficient government that spend and invest wisely, if not it is just another tools for corruptions and wrong spending at the people cost.

Just look at other third world country in ASEAN that implemented GST or VAT, they are still remain in the third world country, and the rich get richer and the poor get poorer.
It is not about GST or VAT, it is good governance that matter.

2. RON 95 petrol, diesel prices up by 20 sen from 2-October-2014
RON95 petrol and diesel price has increased again in 2014. The energy price increase has already create the domino effect on the inflation not forgetting that there is a major inflation waiting for all Malaysians in April 2015 due to the 6% GST.
My personal view is that under the subsidy rationalization program, there shall be further price hike for RON95 and diesel in 2015.

3. Devaluation of Malaysian Ringgit
The massive projects like MRT lines, LRT lines extensions, etc required huge investment to carry out. Government and involved corporates are issuing bond to fund the projects. As such, additional supply of Malaysian Ringgit are "created" and pumped into the market.
If the real GDP is not growing at the same pace as the Malaysian Ringgit currency, the value of the Malaysian Ringgit will decline.
The property price surge is a good evidence of the phenomenon of Malaysian Ringgit devaluation.

When living environment get tougher, the phenomenon of "Rich get richer and poor get poorer" will occurs. Folks, stay tough and get through this together.

Sunday, September 07, 2014









Friday, August 29, 2014









Sunday, July 27, 2014


In March 2014, M-REIT were facing strong sell down, namely AMFIRST, QCAPITA, KLCC, CMMT, UOAREIT, IGBREIT, SUNREIT, ARREIT & YTLREIT.

Most of the share price of the mentioned M-REIT have recovered except AMFIRST, YTLREIT & ARREIT.

As a retail investor, buying stock at discount is my key strategy. I have bought in all the above mentioned REITs in March and are still holding on due to their steady dividend payout.

AMFIRST is my first choice as compared to YTLREIT & ARREIT are due to reasons as below.

AMFIRST is a REIT that is backed by Arab Malayan Bank Berhad and is also a business entity that JV with ARA which is owned by Hong Kong property tycoon Li Kah Seng.

ARREIT is a GLC (Government Linked Company) company. The dividend pay out is declining since 2 years ago.

YTLREIT is the only hospitality REIT in Malaysia, and the recent passenger flights tragedy especially the MAS MH370 & MH17 is definitely not helping the industry.

In summary, I will be accumulating AMFIRST at RM0.94. Let's see what turn out in the future.

Thursday, April 24, 2014










Friday, February 21, 2014

AmFIRST REIT & Quill Capita Trust, time to add position?

Both AmFIRST REIT (AMFIRST) & Quill Capita Trust (QCAPITA) share price were very steady in term of price movement all these years. Since last few days, the trend become abnormal for these 2 counters.

 AMFIRST share price started to drop below the strong resistance at RM1.00 on 14th February 2014. The declining trend is continuing on every trade day until today with huge volume.

The share price movement of QCAPITA is very similar with AMFIRST. QCAPITA unit price fell below RM1,15 on 13th February 2014 and the share price is trending town to RM1.05 as of today closing with very high volume.

There is no negative news or announcements on these 2 counters, and in view of their historic price movement trend, my wild guess is it could be disposal of stake by major shareholder of AMFIRST and QCAPITA with the objective to cash out by end of February for fund repositioning.

If my guess work is true, the price of these M-REIT counters shall be stabilize next week.

Sunday, February 16, 2014






Monday, February 10, 2014

Will Malaysia bankrupt by 2020?

Today is the 11th day of the Chinese New Year. I am going to spend 3 days 2 nights in Singapore on my day time career official assignment. The exchange rate between Singapore Dollar and Malaysia Ringgit is SGD1.00 = RM2.625. Malaysia Ringgit has reduced its value by more than 10% in less than a year time.
As per my previous post Singapore vs Malaysia 2, Malaysia is now facing the challenge of hyper inflation phenomenon, and personally I am pessimistic over the turnaround plan of the current ruling government in view of their track record and reputation.
One of the Malaysian economist mentioned that the power of compound effect of the deficit budget. Malaysia Government has recorded more than 15 years of deficit budget since 1999 till 2013. To turnaround the situation is not easy, any efforts that put in may not even strong enough to counter the negative impact of the compound effect that caused by the deficit budget over these years.
Will Malaysia bankrupt by 2020? My wild guess is it is unlikely, but the situation is not going to be far better than bankruptcy.

2014 Resolutions

New Year holiday is always the best time for me to review my past journeys and set new directions for the rest of the year. During the New Year long holiday (public holiday + annual leaves), I spent time with my family members, relative and school days friends in my home town. Spending times with them helps in refreshing those good memories, which actually giving clues to me in setting new directions for 2014.

My 2014 resolutions shall be as below:
1. Keep fit, reduce weight and do exercise.
2. Work life balance, physically and mentally.
3. Take care of the love ones.
4. Life improvement that covers home, car, and other stuffs related to living.
5. Comprehensive investment strategies, invest for cash flow.
6. Growing my own vegetables & fruits
7. Learn how to cook
8. Organize monthly family event/ outing.

This year, I am going to live my life for meaningful and cherish my love ones.

Monday, February 03, 2014

The Litter Bug in Kuantan - Proton Saga CCT9397

It was 2014 Chinese New Year eve, I was queuing to get my car wash up at one of the Auto Spa Centre in Kuantan town.

One of the young driver of the black Proton Saga CCT9397 thrown out litter from his car cabin.

Litter Bug, car driver of Proton Saga CCT9397,  shame on you!


已经许多年没有收到农历新年祝贺卡了, 今天也不例外。

如今电脑科技发达,电子通讯更是一日千里。从祝贺卡到手机短信、然后到今曰的WhatApp, 电子农历新年祝贺卡也便得很有创意。


Sunday, February 02, 2014




Friday, January 31, 2014

小部落客- 小璇

今年回乡过年,在家乡遇到一位九岁的小女孩。 这个小女孩她的名字叫小璇,很喜欢写作,所以聊了一下之后我建议她将作品上载到谷歌博客 (Google Blogger) 以作收藏。





我是小璇,我爸爸教我写Blog. 我妈妈教我很多东西:读书、写字、还有教我做家务。

Thursday, January 09, 2014

Singapore vs Malaysia 2

Happy New Year!

But I suppose many of the Malaysian readers are not so happy due to the super-inflation phenomenon that is happening since the end of 2013 (started from November 2013) that may only settle down in end 2014. Then the 6% GST (Government Service Tax) will be introduced in 2015 to give the inflation a vital boost.

I have started to compare Malaysia against Singapore since 2010. During that time, the exchange rate was at MYR2.40 for SGD1.00. A part from exchange rate, I am also comparing the lifestyles and socioeconomic between these two countries.

After 4 years of observation, I made some assumptions as below.

1. The Myth of Malaysia will become another Singapore in year to come
When I was a secondary school student (20 years ago), one of the teacher shared a common view that in year to come, Malaysia will become another Singapore. Similarly, given time, Singapore will progress to be another successful state like Hong Kong.

In my view, the chance of Malaysia in transforming into an advance country is very slim. In fact, over this 20 year, Malaysia is not really progressing but heading backward. On the other hand, Singapore is already on par with Hong Kong in term of competitiveness.

2. Wrong Priority
Malaysia is a very resourceful country, it is very easy to make a living in Malaysia. Due to this advantage, over the years, the government has not really focus on the well being of the people but focusing on closing the gap between the Muslims and non-Muslims as well as between the Malays and the non-Malays.

The government has created the racial tensions over these years. Malaysians has become religions fanatic. Instead of growing the economies, the government creates and implements restrictions to the non Malays enterprises. For example, certain business licenses and government contracts is only applicable by enterprises own by the Malay.

Efforts is wasted in focusing on racial competitions instead of growing the nation.

3. Devaluation of Ringgit Malaysia against Singapore Dollar
Over the years, Ringgit Malaysia has depreciated against Singapore from MYR1.00:SGD1.00 to MYR2.60:SGD1:00 as of today.

Malaysia Government has recorded more than 15 years of deficit budget since 1999 till 2013. The government is cutting subsidy on electricity, petrol, sugar and other necessities to keep the deficit at the low level. GST is the last card of government in turning around the situations.

I am not convinced that the such measurement is able to make the situations better in near term. But one thing for sure is Malaysians is going to suffer over the super inflation rally.

4. Crimes, Corruptions & Poor Public Transportation System is also the major drawback when comparing Malaysia against Singapore

5 Malaysia is heaven for retirees

If you are not an employee, Malaysia beat Singapore flat in term of place to stay.
Kuala Lumpur has terrible traffic jams, but it happens on peak hours only (7:30-9:00am & 5:00-7:30pm).
Metropolis like Kuala Lumpur is a world class city comparable to Singapore in term of city shopping, medical as well as variety of foods but at much lower cost. And it is much affordable for one to own an apartment and a car in Malaysia than Singapore. It is possible for a middle class to own a landed house in Selangor or Kuala Lumpur, but it is almost impossible to do the same in Singapore.

Not forgetting Malaysia is a much bigger country compare to Singapore with many tourism destinations and attractions.
Malaysia is definitely a heaven for live, play, relax & enjoy.

After weighing all the pros and cons between Malaysia and Singapore,  I have decided to settle down in Malaysia even though I still need to work. But, I will plan to invest a portion of my wealth in Singapore to hedge against the inflation and the continue devaluation of Ringgit Malaysia.

This is my plan, what about yours?

Related posts:
1. Malaysia vs. Singapore
2. Singapore Dollar (SGD) vs. Malaysia Ringgit (MYR)


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