thanks for the news....

For a company this size.. only 100+ shareholders?
Any freebies?
Looks like a boring and predictable AGM/EGM? Because the stock price is not moving at all.

I only have elephant glue

From my perception, I think the best time for BN to call for election is over. The best time was a few months ago.

1. The BR1M effect is almost gone now. It's the same as when an employee gets a salary increment, then for the first few months the employee is very motivated. After a while, employee goes back to his old ways and the  positive effect of the salary increment on his attitude is gone. Same thing with BR1M.

2. When government passed the law for minimum wage, employers were unhappy. But the workers were happy. This happiness could have translated to votes for the government. But after some time, the government allowed the employers to defer the implementation of the minimum wage. Now you have unhappy employers + unhappy workers. The unhappy workers could vote the Opposition just to show their unhappiness towards the flip-flop decision.

How to automate harvesting of palm oil?    Use robots ah? 

P/S whoever can design a practical automatic machine to harvest palm oil FFB, guarantee instant multi millionaire...

Sorry for my negative mind set. Is it because of completing some "important" things like awarding some major govt contracts to you-know-who, clearing up past deeds, etc etc and thus the delay?

Any major govt contracts awarded in the past 6 months? If so, to whom?

I really hope selling MAS to one UMNO guy with govt subsidy on the jet fuel for the next x years WILL NOT go ahead!

Cheerio.

Not every manufacturing can be fully automated.
Also, automation can come with big cost which SME may not have the capability of install.
I give a real eg. (real figure)
A fullly automated machine cost RM5 million, vs a semi-auto or highly labour used machine (which both produce the same item) cost 500k, which one SME will/can go for it?

Also my company previously install some PLC related for auto-decision/process, when something wrong time, it is hell a big hassle/problem to find a right personnel out there to troubleshoot, aka not enough skill personnel in the related field. If using relay type (old fashioned), then it is easier to solve.

This some may not understand, so I give more simple eg.
A conventional petrol car, vs hybrid.
When a conventional car broke down, many mechanic out there can repair for you.
But if a hybrid car broke down, then the only option is sending back to original manufacturer.

So if invest in high tech time, especially in manufacturing line, one also must ensure we enough personnel, skill surrounding to operate as well as troubleshoot it.

It is when one really involve in the field, one will realise, it is not as simple as talk like
get rid of labour, use automation, solve the problem.
It reality it is not as simple as that.
Some labour job, although look easy, but if want to be fully automated, can be very costly and can be involved quite technical thing of stuff, some even impossible.

Take for eg. furniture manufacturing, how can be fully automated? Almost impossible. Every furniture come with different design, and constantly changing of design, a simply nailing process want to be fully automated?
Some said, can, yes, definitely can, use robotic arm, very flexible, can turn inside out, plenty of dimension. How much it cost? hundred of thousand up to million
How much to hire a labour to do it? Rm1000 per month.

Why manufacturing houses/MNC are in Asia region?
Because of cheaper labour cost.
If automation is a solution, then we should see massive manufacturing activities in developed countries, not in Asia.

Can janitor/cleaner in shopping mall/hotel being replaced by automation?
Can brick building, construction being automated?

There are a lot of "pain" faced by manufacturing line that many people do not understand until one really involved in it.

MNC has no problem due to scale of sales and capital they have, but for SME, they do not have both the scale and capital.

That's why we do not see complaints from MNC regarding the min wages, as their profit margin is good, due to scale and unique product (which is not easily accessible by others or SME). Also their employee is being paid better than SME generally.

While many SME can be actually making profit due to so called "left over" business or peripheral product that do not interested by big corporation, whereby profit margin some even in single digit number.

Bare in mind, automation is always costly compared to labour, but it is the scale/volume that can offset the automation cost, whereby SME won't able to achieve.

So min wages will hit the hardest on SME.
SME may not have the scale, but SME contribute a lot to the economy as a whole.

Min wages, the effect already being seen, a bowl of mee rise at least Rm0.50, some even more, at least what I had encountered.
Who is the loser? Consumer pay more, saving value shrinking (including EPF),
While the lower paid that getting min wages is happy? Life could even more difficult due to rising cost.
The one I see is the happiest is foreign workers, sending home (their home country) even more money.

*cough*

These prime area ... who owns them ah?

I thought you were talking about them high rentals in the shopping malls.

That's why many people love/chasing mall reit. 

These poor shops can survive ah? 

Everyone in Malaysia is also eying the blood bath after election result announced. If everyone aim to buy on dip, who is going to sell? 

forum become quiet today..........property in profit taking, while beer still bullish

hah, bumber divvy hope again from miser kseng
landbank news again
beh sien meh

http://www.theedgemalaysia.com/business-ne...idend-hope.html

In Malaysia, a lot of Indians went to the pawnshop, relatively a lot more compare to other races.

One bowl of Mee is costing rm 28 min and many people line up.

That was/is happening in KL ( last week )

Ah Tan,

I talk stocks and 'investing' mah.
Tell me if I am wrong that majority here just talk about dividends only without focusing on other factors.
Like you, I would say dividends is good but the dividends must be sustainable.
And for the dividends is sustainable, there are so many other factors to consider.

Dutch Lady example is just one simple example to show why one cannot simply chase a dividend stock la.