Saturday, August 30, 2014

Market Outlook 2014 : Gold Investment - A good investment?

Although the US Federal Reserve is reducing purchases of treasury and mortgage debt, its overall monetary policy remains pro-stimulus. Elsewhere, the Bank of Japan, the ECB and the Bank of England have all indicated that monetary policy will remain accommodative for the foreseeable future. Continuing accommodative monetary policy and negative real interest rates may result in higher inflation, which would be positive for gold and for general commodity prices. Conversely, any decline in economic data and further government spending cuts could result in deflation and systemic risk to the global banking system. The Fund expects to hold a neutral to overweight position in gold equities relative to the benchmark, with a preference for mid-tier and junior producers with attractive production growth profiles. The Fund’s preference for gold is based on our belief that gold-related assets can perform well in both inflationary and deflationary environments.

By Warren.L

Saturday, August 2, 2014

MobileEye SkyRocket

SAN FRANCISCO (MarketWatch) -- Mobileye NV MBLY +49.20% surged in its first few minutes of trading in the U.S. stock market Friday, attesting to strong investors' interest in the Israeli technology company. The maker of camera systems that help cars detect other vehicles and obstacles priced 35.6 million shares at $25 a share. Mobileye is offering 8.3 million shares and shareholders are offering 27.3 million. Mobileye stock jumped 52% to $38.09


Thursday, July 24, 2014

TM Unifi Support Centre Contact

Contact : 1-300-88-1221

I noticed this item is hardly find in TM website. Just share with our reader here.

Wednesday, July 23, 2014

Asia News : Walton International closes local ops

PETALING JAYA: Walton International Property Group (M) Sdn Bhd (WIPG), which attracted controversy when it was raided and probed by Bank Negara three years ago, has closed down its offices here.

WIPG’s parent company, the Walton International Group, informed its agents and investors in Malaysia of the decision last Monday citing “restructuring of its Asia operations” as the reason for it, a statement dated June 24 that went unnoticed said. The statement said that Malaysian investors would now be serviced out of Walton’s Singapore office. It also assured investors that their investments were sound.

Walton is a Canada-based real estate investment firm that is involved in pre-development land investing. It buys huge landbank in major urban growth areas in North America and divides the land into smaller units, enabling retail investors to participate in institutional-style investments in pre-development lands. The local unit, WIPG, was set up in 2002 and has 12,000 Malaysian investors.

It has been reported that the minimum investment for each unit, which is less than 0.1ha, is US$10,000 (RM32,000). Assuming that each local investor would have committed to this minimum investment, local investors collectively would have at the very least invested some RM384mil in the land-banking scheme. Industry observers, however, reckoned that Malaysians would have invested far higher than this.

WIPG made news in 2010 when its offices in Kuala Lumpur, Kota Kinabalu and Kuching were raided under the Exchange Control Act 1953 by Bank Negara, after complaints from the public on land-banking schemes promoted by it. The company was subsequently fined RM385,000 for dealing with foreign currency without the permission of the regulators.

A Walton International spokesperson when contacted said the move to close down the Malaysian offices followed a decision to revamp its Asia operations in Singapore and Hong Kong. “Walton’s Singapore office will serve clients in South-East Asia countries while the Hong Kong office will serve clients in North Asia,” she said, adding that between 2008 and 2009, Walton had also reduced its number of offices in Canada from seven to two. In 2011, it closed down its Tokyo office with Japanese clients now served out of Hong Kong.

Walton currently manages over C$3.7bil (RM11.1bil) in assets. Last year it returned over C$1bil (RM3bil) in distributions to its clients, the statement said.

(Source : TheStar)

Comments from Author:
If the investment from Walton International is so promising, why not they just listed the company? Why they keep it as private?

Think before you invest ! If you're good, nobody will probe you ;) 

Special Situation Portfolio Manager GOES AGAINST Jewish Billionaire Bill Ackman

We placed an order to buy Herbalife ltd to reject the idea from Billionaire Hedge Fund Manager - Bill Ackman today. He presenting HERBALIFE's FRAUD in webcast.

We're winnier on 23 July 2014 by making a short term profit to our porfolio by using LONG POSITION( Trade via CMC Markets Singapore)

Friday, July 18, 2014

Does The CIMB, RHB and MBSB Merger Make Sense?

Last week, the Malaysia Banking world announced a potential game changer for the whole industry. CIMB Group Holdings (CIMB: MK), the country’s 2nd largest bank announced a potential

merger between RHB Capital (RHBC: MK) and Malaysia Building Society Bhd (MSB: MK). If this is successful, it will form the largest bank in Malaysia by asset size (RM614 Billion), surpassing the incumbent, Malayan Banking Berhad (MAY: MK). RHB Capital is actually the fourth largest bank in Malaysia.

However, does the merger actually make sense for shareholders?

Firstly, who are the players? CIMB Group is one of the largest bank in the Southeast Asia region. It currently offers consumer, corporate, investment, Islamic banking services. It is runs an asset management company and provide insurance products and services through banassurance arrangements. The bank is a true regional bank with presence in 8 out of 10 ASEAN countries and even has presence in China, Hong Kong, Bahrain, India, Sri Lanka, Australia, Taiwan, Korea, USA and the UK.

RHB Capital is the holding company of RHB Bank, It is the fourth largest bank by asset size in Malaysia. Although it also has presence in a few countries outside of Malaysia, it still obtain the majority of its assets and earnings from Malaysia.

Malaysia Building Society Bhd is not considered a bank as it operates under an “Exempt Finance Company”. However, it is still able to provide banking services such as loans and deposits. Most importantly, MBSB has a strong Islamic financial presence in Malaysia.

The three parties hoped that the merger will create a mega Islamic bank for Malaysia. This comes as Islamic Banking is gaining momentum around the region as CIMB is working on the first Islamic finance sukuk (Islamic Bond) for a sovereign in the Developed nations.

Value In Action

However, it seems that CIMB is still able to grow its Islamic financing business with or without the merger. So the reasoning that the merger is necessary to grow the Islamic finance services of the group seems weak. One thing for sure, economies of scale is extremely important in the banking sector, and by creating the largest bank in Malaysia, the advantages that the enlarged bank will enjoy is definitely important. Don’t be surprise if Maybank starts some merger talks of its own to fight back.

Wednesday, July 16, 2014

Global Economy Recovery in 2014

We should able to see solid recovery in 2014, hopefully Dec 2014. Everything is going to shot up quickly due to federal reserve's monetary policy.