Thursday, June 19, 2008

Inflation

Fuel price hike warning calls! Though it has been promised by the government that no petrol price increases for this year ,alas it went up with no mercy to rm 2.70 per litre-broke the Malaysian Guiness's Record for the biggest leap in rate ever.It has in fact affected every part and parcel of its citizen, more true to those struggling in any attempt to make ends meet.What can the normal citizen do but to accept what's been decided.Rm625 rebate could sustain us in no more than few trips to Kedah from KL.But that was played to temporarily silent the critics and furious 'Mr./Mrs.Malaysian Boleh'-just counting down how much longer we 'boleh'in the face of the alleged and proved inflation clouding every Malaysian.Start tighten up the taps or source for more taps now all fellow Malaysians. We are indeed in recession now or much better be termed stagflation-price increases for most items but are rarely in demand due to less confidence or reduced purchasing power. Consequently, retailers are forced to either reduce prices and reluctantly accept deflated profit or to reduce production. The latter tends to worsen unemplyment rate in the country. Squeese your every cent and dollar to its worth!

Sunday, June 8, 2008

Stockalism

It's been for years since last traded in Share market .But only since last year that i really seriously dipped my head into studying Stock and its research on hundreds of stocks in the current market be them blue chips or penny stocks.Books by local or foreign writers became my recent favourites.However i'm not going to bla-bla on what is stock or any of the fundamental or technical analysis on when to buy and sell shares, which counters to pay attention to and to avoid, what are the fair prices and its intrinsic values and all the macroeconomic factors that so-so-claimed could skyrocket or plunge the share prices.

My concern now is whether share market is really meant for all retailers or so-called 'small fish' (small cap) who have lost hundreds of thousands bucks in the 'shark' (share) market during the 1997 financial crisis and some didn't even make it back through the boom time.All the stock investors gurus are so generous in their books to show you how to make millions in the stock market and some even put up media advertisement to woo apprentise and charge up to rm10k per student-now they discounted up to affordable amounts as competition heated up recently to attract you and me to become millionaires.

Come on-lah. Do you think these so-called gurus wouldn't be sitting down there in front of thier laptop screen busying getting millions and millions first before they could even spare thier golden times to coach you and me to be richer than themselves. Same goes to the book writers whom i might naively believe are willing to share thier 'secret-recipe' to the public. I would challenge that not even 99.9% of all human kind would do that unless they are the 0.1% which according to the AAA psychiatrists might be mentally imbalanced or they may be dead-man whom thier secret-recipe in the tomb were discovered by Indiana Jones or yes they are really kind monk who see money as mere incense papers presented to the souls during Chinese 'Chin Meng' day.
Please do not take me as paronoid. If there was not the case, then a lot of business today would go bust due to fierce competition.I guess the ' KF* ' would be the first food chain restaurants conglomerate to head south if they are so generous to let us know its recipe.

To be bluntly straight to the point, those joker-gurus are just out there to hunt for the first millions by selling you that technical knowledge which even they themselve could not guarantee the sure-win even after so many years in that battlefield cum with all the best knowledge they ever manage to gather over the years from the best stock masters

Thursday, June 5, 2008

Fuel Price shot up !

5,June .Yesterday's 5.00pm announcement by the Cabinet that petrol prices increase by 75 cents should be a momentous ' add salt to the wound' move by the government. KLSE composite dropped 12.96% til 4.30pm of its moving up again reduced total drop to 4.45%. I guess it has been intentionally supported to offset the news after "5 pm". What an obvious maneuver ! However, today big slide in Composite came in no surprise to the expectation. Be braced for the spiralling effect of the increase to the whole country inflation rate in tandem with slowdown in the Western countries.