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 anyone know about practical support sdn bhd?, investment consultant company

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TSfzul07
post Jan 3 2009, 01:15 AM, updated 17y ago

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I juz hav apply 4 admin position by called them.. they advertised it on The Star.. the company is located at Menara TA1 jln p.ramlee..
so i got d job n now attend their training.. n its all about the currency trading.. anyway i got degree in mechatronics engineering..
So if anyone can provide more about this company feel free to post in this topic.. Thanx a lot..

tohff7
post Jan 3 2009, 04:16 PM

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http://www.bnm.gov.my/index.php?ch=8&pg=14&ac=1673

Enjoy ~~
SUSPhilHellmuth
post Jan 3 2009, 07:58 PM

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did they ask u to invest any money in it ?

if yes, it's time to make ur move
Txi
post Jan 4 2009, 06:29 AM

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Yep the guys are right sound like a bucket shop to me , classic suck you in tactics.
TSfzul07
post Jan 4 2009, 11:26 AM

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nope.. they not ask me to invest but work with them..
the job scope is more like to make an analysis on currency...
so they were raided by bnm before.. but are they still operate and bnm not take any action after that..
tohff7
post Jan 4 2009, 01:04 PM

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You can try and see later whether they will ask you to find any clients to invest with them or not

If it's about doing analysis on currency, why they need so many people?

And lastly, brush up on your English.
yusri82
post Jan 12 2009, 05:22 PM

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QUOTE(fzul07 @ Jan 3 2009, 01:15 AM)
I juz hav apply 4 admin position by called them.. they advertised it on The Star.. the company is located at Menara TA1 jln p.ramlee..
so i got d job n now attend their training.. n its all about the currency trading.. anyway i got degree in mechatronics engineering..
So if anyone can provide more about this company feel free to post in this topic.. Thanx a lot..

*
I juz got interview with the compny, 2morrow.
Can u tell me a little bit about ur last interview session?
adif1281
post Jan 22 2009, 11:28 AM

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my wife went to the interview just now... i ask her to ask them what is their business and what does PSSB stands for since they did not want to tell it in the phone...
so many people attended for the interview!
now i know why they did not want to tell what is PSSB stands for! if not, i would have advise her not to attend the interview... what a waste of time!
i believe they will use the new staff as marketing people to persuade people to invest in forex! & i dont believe they will pay the salary either...
asnieza01
post Apr 3 2009, 11:05 AM

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Hai .. i just want give my opinion about this company. just for your information, i just joint this company for Admin Executive, they asked us to sit trainning for 1 week. than i was attend 3 days training.

Prevously i was banker in 1 of commercial bank in our country. I was tendered my resignation 1 month ago. and i got 5 years experience in commercial banking which i did business loan and also FOREX account. but i didn't know how the FOREX transaction going to. I learn a lot in Practical Support Sdn Bhd. it quite interesting.

Actually this company is doing consultancy business to those who want to enter in FOREX investment. The statement by BNM is only suspicious, but they didn't do the ILLEGAL FOREX Business that why they still alive in this business. Why they not Illegal?

- They didn't take any money from customer, those customer want to enter the market they have to Direct Transfer to the Licensed Broker which is located in NZ. and give the copy of slip to them and the copy of IC for verification. you all can check with in this website - "vista-services.org". if illegal, they will take customer money.

- They is Authorized Dealer for Vista International Services Limited NZ. It same like MAXIS, maxis a lot of dealers in malaysia, but all the payment must go direct to MAXIS. same to them. they earn money from vista international services limited to pay salary to the staff not from customer money. That why BNM can't take any action on them coz they are Legal.

- They don't have any website for their company. they only refer to Vista Website which is they are licensed Broker. it not same like other Illegal business and they said they are a licensed Broker but in Malaysia do not have any licensed Broker for FOREX.


Talk about HALAL HARAM.... this business is HALAL and so many muslim customer was involved it. Doctor, account , lawyer... all the professional person because they know this business is legal. Why halal? because they have, AKAD (Agreement), the profit not fixed.

In industry very easy to make money, but it quite risky that why they asked us to attend the trainning which the cost is around RM5K to RM6K in outside. After training they will decide which position that actually suitable for you. based on your performance (not sales), attitudes, initiative to learn. capability, motivation. only manager level will attend the customer account. we monitor customer account because we are consultant to them. Vista international Services Limited pay the salary to us to consult their customer in Malaysia. Executive level will managed the office and help the manager.

Actually Bank in malaysia also did this business which under FOREX Department or Treasury Department. they also don't have the license. what they do, they will dealing with overseas licensed Broker but they only give 10% - 13% from the profits to customer, the balance they took it. for example in Pound Sterling currency market.

1 point = USD40.
Now USD 1 = RM3.70.
Broker Fees = USD400
-customer buy 3 lot in pound currency market at 1.4530 and the price increased to 1.4590. Than customer instructed bank to sell the lots. the profits calculation as follows:-

(14590 - 14530) = 60 Points
= (60 points x USD40) - USD400 x RM3.70 x 3 Lots = RM22,200.00

Bank only give to customer 13% Max = RM2,886.00, balance RM19,314.00 they took for their profit. can you imagine how much bank took customer money? how about big2 customer which buy and sell larger amount? another thing is decision to buy or sell is not from customer, it from bank officer. customer no right and they have to pay a lot of charges some more.

In Practical Support SB, they will assist customer t monitor their account. they can see the real transaction on.. PSSB never took any cent from the profits. because it is illegal. if they or their staff do that, they have to closed the business immediately. that why they really trained all the new comers. on only candidate came to an interview will selected. from 100 candidates, they choose 25, and pre-screen again and at the end only 3-5 selected and come to trainning. From trainning people, those who can't face the situation they will quick and that why PSSB have to open the vacancy again.

Actually the trainning is our beginning challenges.

quintessential
post Aug 20 2009, 04:21 AM

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QUOTE(asnieza01 @ Apr 3 2009, 12:05 PM)
Hai .. i just want give my opinion about this company. just for your information, i just joint this company for Admin Executive, they asked us to sit trainning for 1 week. than i was attend 3 days training.

Prevously i was banker in 1 of commercial bank in our country. I was tendered my resignation 1 month ago. and i got 5 years experience in commercial banking which i did business loan and also FOREX account. but i didn't know how the FOREX transaction going to. I learn a lot in Practical Support Sdn Bhd. it quite interesting.

Actually this company is doing consultancy business to those who want to enter in FOREX investment. The statement by BNM is only suspicious, but they didn't do the ILLEGAL FOREX Business that why they still alive in this business. Why they not Illegal? 

- They didn't take any money from customer, those customer want to enter the market they have to Direct Transfer to the Licensed Broker which is located in NZ. and give the copy of slip to them and the copy of IC for verification. you all can check with in this website - "vista-services.org". if illegal, they will take customer money.

- They is Authorized Dealer for Vista International Services Limited NZ. It same like MAXIS, maxis a lot of dealers in malaysia, but all the payment must go direct to MAXIS. same to them. they earn money from vista international services limited to pay salary to the staff not from customer money. That why BNM can't take any action on them coz they are Legal.

- They don't have any website for their company. they only refer to Vista Website which is they are licensed Broker. it not same like other Illegal business and they said they are a licensed Broker but in Malaysia do not have any licensed Broker for FOREX.
Talk about HALAL HARAM.... this business is HALAL and so many muslim customer was involved it. Doctor, account , lawyer... all the professional person because they know this business is legal. Why halal? because they have, AKAD (Agreement), the profit not fixed.

In industry very easy to make money, but it quite risky that why they asked us to attend the trainning which the cost is around RM5K to RM6K in outside. After training they will decide which position that actually suitable for you. based on your performance (not sales), attitudes, initiative to learn. capability, motivation. only manager level will attend the customer account. we monitor customer account because we are consultant to them. Vista international Services Limited pay the salary to us to consult their customer in Malaysia. Executive level will managed the office and help the manager.

Actually Bank in malaysia also did this business which under FOREX Department or Treasury Department. they also don't have the license. what they do, they will dealing with overseas licensed Broker but they only give 10% - 13% from the profits to customer, the balance they took it. for example in Pound Sterling currency market.

1 point = USD40.
Now USD 1 = RM3.70.
Broker Fees = USD400
-customer buy 3 lot in pound currency market at 1.4530 and the price increased to 1.4590. Than customer instructed bank to sell the lots. the profits calculation as follows:-

(14590 - 14530) = 60 Points
= (60 points x USD40) - USD400 x RM3.70 x 3 Lots = RM22,200.00

Bank only give to customer 13% Max = RM2,886.00, balance RM19,314.00 they took for their profit. can you imagine how much bank took customer money? how about big2 customer which buy and sell larger amount? another thing is decision to buy or sell is not from customer, it from bank officer. customer no right and they have to pay a lot of charges some more.

In Practical Support SB, they will assist customer t monitor their account. they can see the real transaction on.. PSSB never took any cent from the profits. because it is illegal. if they or their staff do that, they have to closed the business immediately. that why they really trained all the new comers. on only candidate came to an interview will selected. from 100 candidates, they choose 25, and pre-screen again and at the end only 3-5 selected and come to trainning. From trainning people, those who can't face the situation they will quick and that why PSSB have to open the vacancy again.

Actually the trainning is our beginning challenges.
*
this is bullshit. forex trading involves short selling (buy - sell things w/o physical contact) is an another form of currency manipulation. same tactic used by george soros.

This post has been edited by quintessential: Aug 20 2009, 04:25 AM
piumiu
post Sep 10 2009, 07:06 PM

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Wrong posting.

This post has been edited by piumiu: Sep 10 2009, 07:08 PM
tzeyin
post Feb 27 2010, 12:26 PM

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anyone have any other experience with practical support ?

how about Elegant Destiny Sdn Bhd ? similiar service, using Capital Group international Limited in NZ also...

 

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