Monday, October 27, 2008

Crisis??? Or Opportunity???


If you are reading newspaper or listening to radio recently, you should know the global share market has been dropping for quite a lot. The bankruptcy of Lehman Brothers and huge debt faced by AIG make the situation worse. Global share markets drops almost 50% from the peak at the early of the year. Crude Oil price and Crude Palm Oil price also has been dropping for quite a lot.

Look at the chart above to see the dropping since the peak of each indice. KLCI has dropped from the peak 1516 points before the general election until the latest 859 points last week. Today, HSI and HSCEI have dropped for 12.70% and 14.00% respectively in a single trading day. KLCI is unchanged due to the public holiday in Malaysia, and the KLSE has no trading. Obviously, KLCI will drop a lot tomorrow when the trading starts.

At this moment, all the papers report about the global financial crisis, unemployment rate, inflation, all the negative issues in economy. Most of the people now are so sad when talking about investment and economy. Investors have suffered a lot of paper loss now. Businessmen tell that business is not good. The whole world is so sad about the economy and investment.

So, what do you feel after you hear this? Sad? Worried? Scared? I believe most of the people will feel these, especially for those who suffer a lot from paper loss. When most of the people think like that, why not you think in another way round? Is this a crisis? Or actually it is an opportunity? Make your mind fresh and think about it properly. Really take some time to think about it…we think about it together and I will share my views and feelings here later.

“When all people is pessimistic, you should be optimistic. When all people is greedy, you should be worried” I believe most of you heard this before, but how many of us can do it?

Wednesday, October 22, 2008

Public Bank announce 3Q Report of FY2008


Public Bank, PBBANK (Stock Quote 1295) has announced the 3rd quarter financial report for financial year 2008. These are the few key points of the report:

· The Group’s pre-tax profit for the nine months ended 30 Sep 2008 of RM2,566.2 million was RM383.3 million or 17.6% higher than the previous corresponding period of RM2,182.4 million.

· Net profit attributable to equity holders improved by 24.8% to RM1,927.3 million.

· Non-Performing loan (NPL) improved to 0.9% from 1.3% over the same period.

· Public Bank recorded a pre-tax profit of RM2,129.4 million for the nine months ended 30 Sep 2008 and was 14.1% higher than the previous corresponding period.

· Pre-tax profit contribution from the Group’s overseas operations increased by RM13.3 million or 4.8% from the previous corresponding period.

· For the 3rd quarter ended 30 Sep 2008, the Group registered a pre-tax profit of RM804.0 million, an improvement of RM29.6 million or 3.8% as compared to the previous corresponding quarter.

· Earnings attributable to equity holders grew by 13.4% or RM72.7 million over the same period.

· The EPS has increased to 18.4 cent in the 3rd quarter compared to 16.2 cent in the previous corresponding period. The EPS for nine month ended 30 Sep 2008 is 57.4 cent.

· Total assets is RM190,729 million and total liabilities is RM180,841 million.

Tuesday, October 14, 2008

Historical Performance of Malaysia Equity Funds (30 Sep 2008)

(Bracket indicates negative value)

1 Year:

1. MAA Capital Guaranteed 1 – 2.92%
2. MAA Capital Guaranteed 2 – 2.31%
3. MAA Capital Guaranteed 3 – 1.66%
4. PRUlink Guaranteed Account – 1.47%
5. Saham Amanah Sabah – 1.45%
6. Property Plus CG – (0.38%)
7. MAA Platinum – (1.02%)
8. AMB Dividend Trust – (6.74%)
9. HLG Consumer Products Sector – (7.01%)
10. AMB Value Trust – (7.48%)
11. AMB Ethical Trust – (8.31%)
12. MAA Technology – (9.08%)
13. Areca Equity Trust – (10.06%)
14. Allianz Life Equity Income – (10.71%)
15. Public SmallCap – (10.76%)
16. AUTB Progress – (11.74%)
17. MAAKL Dividend – (11.82%)
18. HwangDBS Glo Emerging Markets – (11.98%)
19. HLG Trading/Services Sector – (12.10%)
20. Allianz Life Equity – (12.33%)


3 Year: (Annualized Return)

1. OSK-UOB Smart Treasure – 25.27%
2. AMB Value Trust – 23.24%
3. AMB Ethical Trust – 21.31%
4. CMS Islamic – 21.20%
5. HLG Industrial and Tech Sector – 21.19%
6. Uni Aggressive – 20.69%
7. OSK-UOB Emerg Oppty – 20.63%
8. Public SmallCap – 20.62%
9. PB Growth – 18.31%
10. Uni Strategic – 18.04%
11. OSK-UOB Small Cap Opportunity – 18.00%
12. Manulife Equity – 17.90%
13. MAAKL Progress – 17.81%
14. Saham Amanah Sabah – 17.69%
15. Public Islamic Opportunities – 17.11%
16. MAAKL Value – 16.62%
17. TA High Growth – 16.37%
18. CIMB Principal Equity – 16.31%
19. MAAKL Growth – 15.80%
20. Public Aggressive Growth – 15.22%


5 Year: (Annualized Return)

1. PB Growth – 18.35%
2. Public SmallCap – 16.53%
3. AMB Value Trust – 16.32%
4. Manulife Equity – 16.09%
5. AMB Ethical Trust – 14.13%
6. Public Aggressive Growth – 13.79%
7. MAAKL Al-Faid – 13.60%
8. OSK-UOB KLCI Tracker – 13.59%
9. OSKUOB Equity – 13.37%
10. Public Savings – 13.09%
11. Public Industry – 14.79%
12. Lion Progressive – 12.60%
13. Public Regular Savings – 12.47%
14. ING Dana Suria Ekuiti – 12.37%
15. Public Equity – 12.28%
16. Public Islamic Equity – 12.25%
17. Public Growth – 12.03%
18. Public Ittikal – 11.99%
19. MAAKL Progress – 11.87%
20. CMS Islamic – 11.78%

Source: Lipperweb

Wednesday, October 8, 2008

Have you paid your credit card bill fully?

Many people have a habit that every month only pay the minimum payment of their credit card bill. This causes the credit card bills accumulate to be more and more, and at last, they are not afford to pay the bills.

Most of us know that the credit card interest is 1.5% per month, and there is 20 day interest free period. It means that the interest is only calculated if you do not pay the bills within 20 days from the bill issuance date.

Anyway, from July onwards, there is no more 20 day interest free period for those who do not pay the credit card fully. If you just pay the minimum payment, once you swipe your card, the interest will be calculated immediately. And, the late charge is also increased to RM10 instead of RM5 previously.

So, please pay all your credit card bill on time to avoid the high interest being charged to your retails. Do not let the bill to grow, the compounding of interest can make the debt increase very fast. So, PAY OFF all your CREDIT CARD DEBT NOW!!!