Wah! HUAT LAH!!

Spsetia-WB.
What does Gap down mean?

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Added on February 1, 2011, 2:23 pmTotally agree!
Kind of matches with Buffet's saying "good company eventually will be reflected in its share price" thingy.

This post has been edited by yok70: Feb 1 2011, 02:23 PM

OT a bit here. An inspiring article to share when market is not open today, many desperate investors (such as myself) are feeling so boring without the excitement of monitoring market.
I think our government should really think hard hard about how to improve human capital, in order to push our country to grow.

By NICHOLAS D. KRISTOF
Published: January 8, 2011
The New York Times

Hou Yifan, the new women’s world chess champion, is the youngest person, male or female, ever to win a world championship. Ms. Hou (whose name is pronounced Ho Ee-fahn) is an astonishing phenomenon: at 16, she is the new women’s world chess champion, the youngest person, male or female, ever to win a world championship. And she reflects the way China — by investing heavily in education and human capital, particularly in young women — is increasingly having an outsize impact on every aspect of the world.

Napoleon is famously said to have declared, “When China wakes, it will shake the world.” That is becoming true even in spheres that China historically has had little connection with, like chess, basketball, rare earth minerals, cyber warfare, space exploration and nuclear research.

This is a process that Miss Hou exemplifies. Only about 1 percent of Chinese play chess, and China has never been a chess power. But since 1991, China has produced four women’s world chess champions, and Ms. Hou is the one with by far the most promise.

At this point, I have to put my sensitive male ego aside. You see, Ms. Hou gamely agreed to play me after I interviewed her. She had just flown into Beijing after winning the world championship, and she was exhausted — and she shredded me in 21 moves.

Most dispiriting, when I was teetering at the abyss near the end of the game, her coach nudged her and suggested mischievously that we should switch sides. Ms. Hou would inherit my impossible position — and the gleam in her coach’s eye suggested that she would still win.

I protested that I could survive being beaten on the chess board by a schoolgirl. But to be toyed with, like a mouse by a cat — that would be too much. Ms. Hou nodded compassionately and checkmated me a few moves later.

At 14 she became the youngest female grandmaster ever. She’s still so young that it’s unclear just how remarkable she will become.

Women in general haven’t been nearly as good at chess as men, and the world’s top women are mostly ranked well below the top men — but Ms. Hou could be an exception. She is the only female chess player today considered to have a shot at becoming one of the top few players in the world, male or female.

Cynics sometimes suggest that China’s rise as a world power is largely a matter of government manipulation of currency rates and trade rules. But China has also done an extraordinarily good job of investing in its people and in spreading opportunity across the country. Moreover, perhaps as a legacy of Confucianism, its citizens have shown a passion for education and self-improvement — along with remarkable capacity for discipline and hard work, what the Chinese call “chi ku,” or “eating bitterness.”

Ms. Hou dined on plenty of bitterness in working her way up to champion. She grew up in the boondocks, in a county town in Jiangsu Province, and her parents did not play chess. But they lavished attention on her and spoiled her, as parents of only children (“little emperors”) routinely do in China.

China used to be one of the most sexist societies in the world — with female infanticide, foot binding, and concubinage — but it turned a corner and now is remarkably good at giving opportunities to girls as well as boys. When Ms. Hou’s parents noticed her interest in a chess board at a store, they promptly bought her a chess set — and then hired a chess tutor for her.
Ye Jiangchuan, the chief coach of the national men’s and women’s teams, told me that he played Ms. Hou when she was 9 years old — and was stunned. “I saw that this kid was special,” he told me, and he invited her to move to Beijing to play with the national teams. Three years later she was the youngest girl ever to compete in the world chess championships.

It will be many decades before China can challenge the United States as the overall “No. 1” in the world, for we have a huge lead and China still must show that it can transition to a more open and democratic society. But already in discrete areas — its automobile market, carbon emissions and now women’s chess — China is emerging as No. 1 here and there, and that process will continue.

There’s a lesson for us as well. China’s national commitment to education, opportunity and eating bitterness — those are qualities that we in the West might emulate as well. As you know after you’ve been checkmated by Hou Yifan.

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Added on February 1, 2011, 2:42 pmI see. Thanks!!

This post has been edited by yok70: Feb 1 2011, 02:42 PM

I cannot imagine how interesting Asian market can become by then. In fact, China has started some moves. Last year, they started their own international rating organization as they claimed that those existing rating companies should bare a big part of responsibility on last economic recession. When their funds (unit trusts etc) increase gigantically in coming future, the power in the East will be more and more a threat to the West. Looking at the interactions on Obama vs. Hu Jintao in recent meeting in the US, we can almost see the "same table same level" situation.

Thanks for your comments, definitely a great read, as usual from you (yes, i still remember you/your blog, although you come here very seldom).

My looking at training up plus appreciating human capital is more at the leadership position. We understand the majority of people is definitely not those who are studying in Stanford and MIT now, but the gigantic work force in China. However, we need advance leaders to create jobs. For example, if China has one great scientist who can make rocket, this science leader can create thousands of jobs for other "normal people" to make the rocket for China. The same thing applies to Lin Dan. Since China produce one badminton leader Lin Dan, it creates thousands of thousands of jobs by their badminton related industry as well as spiritual support from the love of their country on their citizen. All this is VERY IMPORTANT. In Malaysia, it's already a OLD OLD OLD topic to discuss about how government lack of sensitivity to realize how important it is to keep good "leaders" to work for the country. Most of the smartest leaders in various fields had given up and migrate and contribute their blessing talents to foreign countries.

My point is simple. 1 leader can create 1 million jobs in the country. Therefore, we need to find, educate, support and feed every potential future leaders.
I understand your point of "what about those who failed? pity those victims." Me too, I feel sad too to them. But, the choice is still up to them. It's a choice that they (or their parent) had made. This is life, a matter of making choices.


This post has been edited by yok70: Feb 1 2011, 10:41 PM

Speaking of innovation and branding. Where is Malaysia? (or should i say, what is Malaysia?!).
And in reality, some of my smartest friends (capable doctors, engineers etc) who are still living here, are all planning to migrate as soon as they earn the capability financially to do so. Why? Because they had fed-up with the "dirty activities" especially after 308, that makes people furious and hopeless. 308 gives us hope, but at the same time, it also triggers more explosive dirty act to come out from the underground all the way to the bright sunlight. Now, dirty jobs come "official" and "not ashamed" (he suicide. what?!) Just care to WIN.

Sorry, OT too much! Sorry sorry.

Think about why it dropped at the first place? And you'll know the answer.

good good you job done liao.
me still queuing.
happi cny!

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Added on February 2, 2011, 10:57 amfun managers profit taking, retailers panic selling.

This post has been edited by yok70: Feb 2 2011, 10:57 AM

hunza. since it's so low profile recently.

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Added on February 2, 2011, 12:12 pmparkson big buying queue.


This post has been edited by yok70: Feb 2 2011, 12:12 PM

GONG XI FA CHAI!!

jump to 1688!

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Added on February 2, 2011, 1:02 pmI'm one of those tiger today.

This post has been edited by yok70: Feb 2 2011, 01:02 PM

From Alex:

Today, we learned that Latexx is disposing off its entire business to Navis Asia for RM852 million or RM3.10 per share (go here). Is Navis Asia the same company which had earlier expressed interest in buying up the business of Adventa (go here)? It was reported that the party interested in buying up Adventa's business had earlier approached Topglov with the same motive. The interest shown by this unknown party & the successful deal between Navis Asia & Latexx could be a sign that the rubber glove sector has hit a bottom.

From Chart 1- to 3 below, we can see Latexx & Adventa have broken above their downtrend line while Harta is still pressing against its all-time high.

http://nexttrade.blogspot.com/2011/02/rubb...er-of-hope.html



Well, I don't know.
Not a buy call, but a wish call...wishing more people start buying gloves, so that my supermax can move up a bit more.
However, EPF has been continuously buying supermax since January.

This post has been edited by yok70: Feb 4 2011, 04:21 AM

Do you know when will the free warrants listed? I can't find it.
btw, anyone using jupiter? How to make the share split correct in portfolio page? Thanks!

This post has been edited by yok70: Feb 8 2011, 09:39 AM

bjcorp...

ya, got some that stuck in 1.2x buying price since mid last year.

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Added on February 8, 2011, 11:01 ambuying price / 2
units bought * 2

total purchase value - free warrants listing price.



This post has been edited by yok70: Feb 8 2011, 11:01 AM

5000 + 2311 lots just bought spsetia.

another 3000 + 3000 lots bought...

i wish.

i always buy QL eggs nowadays. And the quality is actually very good!

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Added on February 8, 2011, 1:56 pm

This post has been edited by yok70: Feb 8 2011, 01:56 PM