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MRT 3 Canceled. HSR Canceled.
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value_investor
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May 31 2018, 10:44 AM
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QUOTE(ManutdGiggs @ May 31 2018, 10:35 AM) Highway is for excise duty ma when the car sales is gd. 🤣 Skyscraper I dunno la. It doesn't seem to generate income fr tourism. Connectivity is important n good but just not when one is unable to fund it. Same in prop. Abusing the bank loan ll onli end with hard life. Leverage is gd onli when there is sufficient back up. No absolute rite or wrong. It's timing I guess. They are 2 school of thoughts not enough fund one can choose to cut or choose to increase income. Mahathir choose austerity, let's see how well it will turn out since these will cause recession next quarters. He could also choose to increase our GDP maybe by selling Bandar Malaysia land to foreign investors / delaying GST abolishment until SST kicks in? Also can renegotiate / tender those projects so no corruption involved, why he is scrapping everything in such a haste other than to gain popularity or personal vendetta? Don't forget how vengeful this authoritarian was and is! This post has been edited by value_investor: May 31 2018, 10:46 AM
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corleone74
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May 31 2018, 10:45 AM
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star report today says MRT3 cancelled but HSR "was still being studied".
Apa ini. Cancel, cancel lah.
Cancel all lah, whats wrong with driving around? this is Malaysia, everyone ada kereta mah. Not like singapore, one proton 70k SGD!
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~C.W.S~
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May 31 2018, 10:45 AM
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QUOTE(nexona88 @ May 30 2018, 10:51 PM) different mentality... in Malaysia.. drive car. high class.. ego booster.. use public transport.. low class.. people around u look down.. challenge to ego  When I work with a client in Europe the company CEO own 3 porsche in his house but he choose to take bus to work
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ManutdGiggs
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May 31 2018, 10:45 AM
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QUOTE(nexona88 @ May 31 2018, 10:43 AM) just chill guys.. MRT 3 might make comeback later on.. I mean maybe another 10 years time  HSR too (depending on the SG outcome) Hsr ll be on map again since tun has gotten island For now we just need to pray n trust him We dun need to know each n every of his strategies Gd or bad v need to wait 😉
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ManutdGiggs
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May 31 2018, 10:47 AM
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QUOTE(value_investor @ May 31 2018, 10:44 AM) They are 2 school of thoughts not enough fund one can choose to cut or choose to increase income. Mahathir choose austerity, let's see how well it will turn out since these will cause recession next quarters. He could also choose to increase our GDP maybe by selling Bandar Malaysia land to foreign investors / delaying GST until SST kicks in? Also can renegotiate / tender those projects so no corruption involved, why he is scrapping everything in such a haste other than to gain popularity or personal vendetta? Don't forget how vengeful this authoritarian was and is! For me kitty cat I ll make sure I grab the best deal in fd b4 recession kicks in with lower fd rate 🤩😋
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value_investor
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May 31 2018, 10:48 AM
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QUOTE(corleone74 @ May 31 2018, 10:45 AM) star report today says MRT3 cancelled but HSR "was still being studied". Apa ini. Cancel, cancel lah. Cancel all lah, whats wrong with driving around? this is Malaysia, everyone ada kereta mah. Not like singapore, one proton 70k SGD! It is exactly this kind of mindset that cause Ringgit / SGD to slowly fall from RM0.80 to RM3.50 over the last 50 years!! This post has been edited by value_investor: May 31 2018, 10:48 AM
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ManutdGiggs
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May 31 2018, 10:48 AM
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QUOTE(~C.W.S~ @ May 31 2018, 10:45 AM) When I work with a client in Europe the company CEO own 3 porsche in his house but he choose to take bus to work  Weather does play a part. In malai I dun wanna use deodorant b4 goin into a meeting room 🤣🤣🤣
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value_investor
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May 31 2018, 10:49 AM
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QUOTE(~C.W.S~ @ May 31 2018, 10:45 AM) When I work with a client in Europe the company CEO own 3 porsche in his house but he choose to take bus to work  When i used to work in Dublin, the CEO cycle to work or take the bus, yet his income 30x of me!
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nexona88
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May 31 2018, 10:51 AM
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QUOTE(~C.W.S~ @ May 31 2018, 10:45 AM) When I work with a client in Europe the company CEO own 3 porsche in his house but he choose to take bus to work  that's angmo style... Malaysia.. hah.. CEO sure have driver for his Car one
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corleone74
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May 31 2018, 10:52 AM
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QUOTE(value_investor @ May 31 2018, 10:48 AM) It is exactly this kind of mindset that cause Ringgit / SGD to slowly fall from RM0.80 to RM3.50 over the last 50 years!! 3.05 la not 3.50
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value_investor
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May 31 2018, 10:53 AM
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QUOTE(corleone74 @ May 31 2018, 10:52 AM) 3.05 la not 3.50 It was almost RM3.50 a year or two back ago during the worst drop!
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nexona88
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May 31 2018, 10:54 AM
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QUOTE(ManutdGiggs @ May 31 2018, 10:45 AM) Hsr ll be on map again since tun has gotten island For now we just need to pray n trust him We dun need to know each n every of his strategies Gd or bad v need to wait 😉 hey.. what's up the the island... something like ego booster to Tun M ahh... but yeah.. Tun M is known to be long term strategist... let's see what's game plan he have for all of us.. now only less than 1 month, there's Machai BN already attacking him left right up down
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nexona88
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May 31 2018, 10:56 AM
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QUOTE(value_investor @ May 31 2018, 10:49 AM) When i used to work in Dublin, the CEO cycle to work or take the bus, yet his income 30x of me! u can't expect people to do that in Malaysia.. even low salary people.. close eye would have motorbike to go work (if he/she cannot afford car).. that's the fact in Malaysia...
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value_investor
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May 31 2018, 10:57 AM
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QUOTE(nexona88 @ May 31 2018, 10:54 AM) hey.. what's up the the island... something like ego booster to Tun M ahh... but yeah.. Tun M is known to be long term strategist... let's see what's game plan he have for all of us.. now only less than 1 month, there's Machai BN already attacking him left right up down  From this island case, you can see that Mahathir is getting personal with Singapore rather than being objective. Sorry i voted for Harapan for all last 3 elections!
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SUSmontyashley80
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May 31 2018, 10:59 AM
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QUOTE(nexona88 @ May 31 2018, 10:43 AM) just chill guys.. MRT 3 might make comeback later on.. I mean maybe another 10 years time  HSR too (depending on the SG outcome) from FB a lot of singaporean also don't support this project as to them it does not benefit the citizen..but government decide to go ahead..
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Hofmann33
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May 31 2018, 10:59 AM
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Getting Started

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QUOTE(value_investor @ May 31 2018, 10:44 AM) They are 2 school of thoughts not enough fund one can choose to cut or choose to increase income. Mahathir choose austerity, let's see how well it will turn out since these will cause recession next quarters. He could also choose to increase our GDP maybe by selling Bandar Malaysia land to foreign investors / delaying GST abolishment until SST kicks in? Also can renegotiate / tender those projects so no corruption involved, why he is scrapping everything in such a haste other than to gain popularity or personal vendetta? Don't forget how vengeful this authoritarian was and is! Definitely is personal vendetta and for vengeance. He wants to destroy any legacy for Najib. But I also do think that he is also going through the numbers with his new team before simply scrapping projects.
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SUSmontyashley80
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May 31 2018, 11:10 AM
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QUOTE(Hofmann33 @ May 31 2018, 10:59 AM) Definitely is personal vendetta and for vengeance. He wants to destroy any legacy for Najib. But I also do think that he is also going through the numbers with his new team before simply scrapping projects. with the 5 veteran senior in the group..must have strong reason in order to convince all the agreed
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Hofmann33
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May 31 2018, 11:13 AM
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Getting Started

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QUOTE(montyashley80 @ May 31 2018, 11:10 AM) with the 5 veteran senior in the group..must have strong reason in order to convince all the agreed Yeah, thats right, won't be simply, he don't like then just cancel. Surely, they go through everything before making such a decision.
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~C.W.S~
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May 31 2018, 11:17 AM
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QUOTE(ManutdGiggs @ May 31 2018, 10:48 AM) Weather does play a part. In malai I dun wanna use deodorant b4 goin into a meeting room 🤣🤣🤣 Yes weather does play big part of reason why people prefer to drive rather than walk, even myself won't mind enjoy walking with nice cold weather to train/bus station. Another thing I noticed things gone wrong is the road constructor in Malaysia can't even build proper walk path using logic and common sense. It was build like it is not friendly to human lack of attention to details. (oh wait they can't even fix a road hole properly what do I expected so much?)
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ManutdGiggs
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May 31 2018, 11:20 AM
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QUOTE(~C.W.S~ @ May 31 2018, 11:17 AM) Yes weather does play big part of reason why people prefer to drive rather than walk, even myself won't mind enjoy walking with nice cold weather to train/bus station. Another thing I noticed things gone wrong is the road constructor in Malaysia can't even build proper walk path using logic and common sense. It was build like it is not friendly to human lack of attention to details. (oh wait they can't even fix a road hole properly what do I expected so much?) Maybe pH should set a kpi til the public toilet n public amenities r properly maintained b4 rakyats deserve mrt3😂😂😂 It's alwiz domino effect than wrong doin fr 1 end.
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