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 STOCK MARKET DISCUSSION V130, Bull rally after GE

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cherroy
post Apr 29 2013, 10:41 PM

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QUOTE(yhtan @ Apr 29 2013, 09:32 PM)
they will try the best to reduce foreign labor, train more local high skill worker, push glove maker to automation. Relying too much on low skill labor doesn't bring much benefit to the nation since we rely so much of foreign worker.
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It is easy to say on paper, and in theory.
In reality wise, you need various factors and condition to be in place before can push for automation.

For eg.
You want to change the production from highly manual to fully automation, you need skill personnel that can run the automation machine, technician that know how to calibrate, technician the know how to repair when broke down, programmer know how to program PLC or various controlling software, enough supporting service for maintenance of automation (sensor etc)

You cannot simply say want to push automation then already can be done already.

For simple eg. hybrid car on the road.
You can buy hybrid car as same as buying a fully automated production line.
But when breakdown time, nobody know how to repair, most local mechanic do not know how, so the car stranded for long period of time before get fix even for simple faulty parts.
So this can be same for fully automated production line as well.

Some process can be simple in manual, but if want to do with full automation, it can be a tough task and very costly.
For a simple task eg. sweeping or cleaning service in mall or apartment.
Want to reduce this kind of labour force and do automation?

Also with globalisation, business competition is so intense, automation may come with high cost.
If automation is a simply solution, we won't see many factories shifting around the globe to find a footing to reduce cost. We won't see Japan MNC shifting production line to Malaysia, and Japan production remain in Japan if automation can solve the problem.

Must always get a balance right.

It is as same as many said want their kid to be doctor, accountant and high profession field, but when those next generation grow up, who do those low skill job?
Nobody become waiter/waitress in the restaurant, nobody clear garbage, nobody build brick etc. and this is actually happening and one of reason why we need foreign workers as well.
We have a lot of graduate nowadays everywhere, but a lot of industries are screaming short of labour force, and yet graduate complaining hard to find a job.



cherroy
post Apr 30 2013, 04:28 PM

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wow, index approaching 1720, want to make it 1750 before 505?
cherroy
post May 2 2013, 03:34 PM

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QUOTE(Pink Spider @ May 2 2013, 11:49 AM)
sweat.gif

Media is a steady business ma...The Star happens to attract the biggest newspaper adex  blush.gif

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Prior before internet age, I would agree, but now it is a very competitive business to run.
Physical paper cost may go higher due to wages increment, materials price increment, while paper price has tough time to adjust.
Online version, little people want to pay for it. Only can rely on advert.


cherroy
post May 4 2013, 12:47 PM

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QUOTE(Icehart @ May 4 2013, 11:23 AM)
I remember going to opposition talks and Anwar was talking that if Pakatan manage to form the next federal government, they will on the 6th. Between then there will be a time gap with no government (11pm - 7am?).
Oh Petrol price dropped to Rm 1.50 on 7th, same with diesel, RM 1.40.  biggrin.gif
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Correct me if I am wrong,
New gov (disregard whom that win the GE) only deemed being formed when PM and cabinet member being sworn in.

This post has been edited by cherroy: May 4 2013, 12:56 PM
cherroy
post May 5 2013, 12:02 PM

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QUOTE(StupidGuyPlayComp @ May 5 2013, 11:38 AM)
tongue.gif mission completed,

All the candy are not benefit me.
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Candy is bad for long term, as people can get "addicted" with it.

See why Europe dect crisis evolved, too many too good benefit and candy.
cherroy
post May 5 2013, 04:30 PM

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Wash with soap (just ordinary one), can see soap water become blueish, and blue mark become quite thin.
cherroy
post May 6 2013, 11:44 AM

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It doesn't make sense that index surge more than 100 points.

Yes, uncertainty issue has been discarded, but not until surge so much in one day.
Economy still remain the same, business still remain the same.
In fact, post election may see economy and businesses tougher,
GST may be in the pipeline etc.
cherroy
post May 7 2013, 05:57 PM

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QUOTE(Pink Spider @ May 7 2013, 05:43 PM)
Can someone enlighten me difference between TOPGLOVE and HARTALEGA? icon_question.gif

Top Glove = largest producer of rubber gloves
Hartalega = ALSO largest producer of rubber gloves

So, siapa no. 1 really? rclxub.gif
*
There are 2 types of rubber glove.
One is natural rubber
One is nitrile rubber
cherroy
post May 8 2013, 02:11 PM

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QUOTE(Ascendancy82 @ May 8 2013, 10:56 AM)
what type of trading account i need to open up in order for my to buy FKLI
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Approach futures broker.
cherroy
post May 8 2013, 02:11 PM

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QUOTE(Ascendancy82 @ May 8 2013, 11:14 AM)
i have CDS account but was unable to buy the index share
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CDS and normal share trading account is different from futures trading account.
They are separated.
cherroy
post May 8 2013, 03:28 PM

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QUOTE(ken_ng @ May 8 2013, 03:26 PM)
MAS-OR really sweat.gif guess alot ppl kena trapped dy...
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No surprise, the right issue is 1:4

For every 1 MAS share, there are 4 MAS-OR.

Somemore, people who don't want to fork out extra money to buy one, need to sell.

For eg. bought 10K share of MAS at 0.70 (prior ex), at the cost of 7k.
Now one needs to fork out another 9.2k to buy the right issue, so if no or don't want to fork out another 9.2K, need to sell the MAS-OR.

The right issue is huge.

This post has been edited by cherroy: May 8 2013, 03:29 PM
cherroy
post May 8 2013, 04:19 PM

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QUOTE(ken_ng @ May 8 2013, 03:37 PM)
ya... can see the volume...  scary... juz now selling down 1mil+ lot @ 0.06, scary...

seems like it is going to be "messy"...
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MAS-OR still will have a lot of buying. (as long as MAS share won't drop close to 0.23.

If A is existing MAS shareholder, A can buy MAS-OR at 0.06, then sell off existing stake in MAS.
Can pocket the difference in between.
MAS-OR cost 0.06 + 0.23 = 0.29 cost of new MAS share.
Existing MAS share sell at 0.35, pocket extra 0.06 cents
cherroy
post May 8 2013, 04:23 PM

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QUOTE(StupidGuyPlayComp @ May 8 2013, 03:44 PM)
hmm.gif the ratio of 1:4 is too high.............the subscriber need to fork out higher than mother share's cost. Not everyone have such a money. 1 of my friend already told me refuse to subscribe.
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Then please tell your friend to sell off the MAS-OR he/she get.
Can still get some money.
If no subscribe the right, the money "evaporated" after MAS-OR cease for trading.

The high ratio is inevitable as MAS needs significant fresh capital, as MAS share already low to start with, right issue price cannot be too high, so ratio needs to be high.

cherroy
post May 9 2013, 02:45 PM

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QUOTE(vccy118 @ May 9 2013, 10:35 AM)
I dunno if it is intentional by the government or not... but my friend pointed out a very good point about the foreign workers minimum pay:
"If hiring foreign workers is more expensive than hiring local workers, employers will opt to hire local workers and in turn this will create more job opportunities for the lower class, increasing our population's buying power and in turn benefit our own economy."
*
It sounds right is theory, but locally we do not have unemployment issue, it is job look for people, instead people look fr job.

We are having shortage of manpower across industries, be it engineer, technician, cleaner, operators whatever.
Just those jobs graduate do not want to do one.

Foreign worker getting min wages plus OT, one month already can get Rm1.5k, some more skillful one and hardwork one already get close to 2k.
Still those job, local especially graduate reluctant to do one.
cherroy
post May 9 2013, 02:50 PM

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QUOTE(SKY 1809 @ May 9 2013, 10:46 AM)
Let say , u increase the maid pay to rm 2000 a month.

How much should be a starting pay for a fresh graduate.

Do u know the start pay for new fresh graduate was kinda rm 1500 a month  ,  20 years ago in Malaysia. laugh.gif

Could be lot more cheaper now if inflation is imputed. What about the inflation cost of education at 7% a year.
*
But according to min wages, maid is excluded from min wages, until now scratching head to understand the logic of it.

I am the one support maid getting min wages, as too cheap maid wages is not a good trend for raising family and can spoil kids future as well.
I have seen some kids even tighten shoe string also need to call maid instead do it themselves, want to drink water, call maid to do. Everything kakak this kakak that.

cherroy
post May 9 2013, 03:15 PM

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QUOTE(panasonic88 @ May 9 2013, 03:02 PM)
Maid become necessity for youngsters nowadays.

Unlike last time, papa go out work, mama take care of the house & children.

Nowadays 1 child = 1 maid
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It is better for the child goes to nursery if both parent need to work.
In nursery, mix with other children, better socialise
also, less dependence on maid, and won't be treated like "king"/"queen" in house with maid.
cherroy
post May 9 2013, 03:24 PM

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QUOTE(ngaisteve1 @ May 9 2013, 03:20 PM)
ya good idea. 5 years old like that ok ma to send to nursery?
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4~5 years already can.

cherroy
post May 9 2013, 03:24 PM

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QUOTE(Icehart @ May 9 2013, 03:23 PM)
Now around 10-14k for agency fees with 6 months deduction and monthly salary of RM 800.
*
Maid MIA, there goes 10-14k. whistling.gif
cherroy
post May 10 2013, 10:17 PM

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QUOTE(StupidGuyPlayComp @ May 10 2013, 08:55 PM)
hmm.gif JP QE much effective than US QE
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JP QE is not the first time already.

Whether the QE works or not, only after a year or 2 only can show up the result.

When US QE first started time, equities also enjoyed good time and huge rebound in stock price generally from the low point.

In fact US stock market, DJ and S&P are making new high one and another, while US economy now is one of the best among the developed countries, suggested US QE may not as bad as we think. smile.gif

cherroy
post May 10 2013, 10:27 PM

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QUOTE(StupidGuyPlayComp @ May 10 2013, 10:20 PM)
hmm.gif I think the JP style QE easier for the effectiveness...........because of the objective

JP QE use to encourage the export, immediatelly can see the effect once Yen drop

US one use for reduce jobless, QE only indirectly assist on this part.

whistling.gif dun know when the QE bubble burst
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It may benefit the exporter but it may not kick start the domestic economy.

If Japan QE can be easily done and show its effective, last time Japan economy already/should turn the corner decade ago.
Last time, Yen was at 120 level (lower than current 100), yet deflation problem did not go away.




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