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Showing posts from 2017

ISAKI - Excellent Japanese Food & Wonderful Ambience

Isaki or Grunt Fish has a very light and delicate taste. Grunt fish can be eaten as sashimi, grilled with salt or marinated with chili leaves. Isaki is also a wonderful restaurant in Sri Hartamas. Located at the end of the row that houses Backyard pub, Bulldog, Aunty Nat and Saigon .

I love its outdoor garden setting. Coming into the open bench area that is its portico, one gets a nice feeling to the place, a friendly vibe that Isaki has a casual dining side to it. The pebble lined walk, the Japanese wooden lanterns and small pine wood slats that the waitresses scurry across in typical wooden sandals. Upstairs is a large area that lends itself perfectly to parties and events, with ample bar and seating. You get the overall impression of intimacy and minimal pretensions here. Here I have to say that they make the best sushi rice - an often overlooked factor. I mean, the seafood has to be fresh and the cuts appropriate, those are a given. However, not many places take the case to come…

EPF Should Not Sell PLUS

Is there an alternative to North South Highway? How much of toll roads come under PLUS? There are 14.5m EPF members. We begrudgingly pay tolls, at least thinking some of it goes back to EPF returns.

If you look at our population bell curve, you can surmise that we are a growing population with a relatively wider base. In many aspects we are skewed towards a younger working population. This means that the annual contributions to EPF is likely to grow even more.

We can also surmise that there are limited investing opportunities locally, taking into account the kind of risk EPF is allowed to partake. PLUS is a significant player in an infrastructure that plays a critical role for the country. To replace PLUS with a similar investment with similar returns would be very difficult.


Fair Value - Not Enough Even

As a socialist-capitalist, I can be torn between getting more than a fair return on investment. That is, if an asset is being sold at higher than normal valuations, by all means, sell. I…

Bull Bear Major Indicators

(Farah Ann Abdul Hadi)

There are tons of financial newsletters but the only one I read religiously is Maudlin Economics. His views are fair, mostly objective, minimal emotional attachment and logical. One of his recent articles entered on whether the bull run globally is over.

ET To Elliot ...

The Elliott Wave Principle, all the rage in the 1980s, is less influential now but is still watched by the technical analysis team at Goldman Sachs. The Elliott Wave comprises sequential upward and downward market moves – “waves” – that form repeating cycles. A full cycle has eight waves. Waves 1–5 are bullish, with only minor pullbacks between. Waves 6–8 are corrective, or bearish, and you do not want to be long when they happen.

The market is presently in wave 4, according to Goldman market technician Sheba Jafari. That means the next downturn will be limited and followed by another bullish wave. Then we would see a bigger correction.









200 Day Moving Average

The 200 day MA is not a very solid indicat…

Bobo - For Magical Nights

I would strongly recommend Bobo @ Jalan Bangkung for a magical night out. Its situated along the now famous Jalan Bangkung @ Bangsar. Strangely but fittingly, Bobo occupies the 1st and 2nd floors only. The small entry door next to Lucky Bo reminds you of possibly of an old jazz club back in the swinging 30s in New York.

The first floor is the dining area with a beautiful couch area, and another partially more intimate dining area separated by sheer curtains. The ambience is inviting, modern yet clean lines in design. Love the many art pieces, cleverly chosen to exude a visually pleasing environment.  



Musical Artistes / Performers - The Best In KL Has To Offer ...


Familiar names will appear every Friday, Saturday and sometimes Sunday too. You can like their Facebook page to keep up with their monthly schedule. I would strongly recommend to come on Thursdays though as the resident pianist David Gomes will be tinkling the ivories and engage in lively banter with the audience ... its very A…

1997 - 2017 ... Asian Financial Crisis Revisited

The Asian Financial Crisis of 1997 lasted more than a few years. Now its 20 years on and most media outlets have covered the topic to death. Are we going to repeat this mistake?





Pics: Indonesia's Pevita Pearce, enough said.

Asia’s currency reserves at well over $6 trillion make up more than half of the world’s holdings, led by China’s $3 trillion hoard. In 1996, Asia’s reserves were less than $1 trillion, leaving central banks short handed when their fixed and managed currencies came under speculative attack.


COUNTRY  /  Reserves 1996 / Reserves May 2017 / Percentage Gain

South Korea      $33b      $378b     1145%
Philippines        $11.8b   $82b       695%
Thailand            $38.7b  $184b      475%
Malaysia           $27b      $98b       362%
Indonesia          $18.3b   $125b     683%


Looking at the new level of reserves alone, it will take a lot more firepower to drag down this group collectively. Individually, most are still vulnerable, though South Korea might have elevated itself to …

Baby Driver - Great Fun

Don't let the silly movie name put you off. Its a lot of fun. Plus you get to see a lot of Spacey, Hamm and Foxx strutting their stuff. Borrowing from Guardian of the Galaxy, there is a splendid soundtrack of great songs in it. Taking pole position was my all time fav rock song Brighton Rock by Queen, that alone would make it worth watching. Great car chases, a bit of Kayser Soza, a little Pulp Fiction ... great fun 8.5/10.





The Most Heartbreaking Singer/Song

Some of you may have already discovered Eva Cassidy, and would certainly agree with my assessment that whatever she sang, it goes straight for your heartstrings. Many people love Over The Rainbow, its iconic even. There have been so many covers of the song that it would take something very special to be even noticed.

The late Eva Cassidy ... in a most poignant, powerful rendition ... makes grown men cry buckets just listening to her rendition. Just so you know, when she was singing that song she was already battling cancer. Quiet yourself down, turn on the volume and listen to the whole song. Why real talented people go so soon...





Dividends - A Proper Perspective

FOCUS Malaysia did a credible write up on dividends in Malaysia. There are still a few major issues which were not highlighted in the article. We need to fully appreciate the paradigm of investing, of listed shares, the expectations of investors and the real nature for dividends.




1) All things being equal, dividends are positive. Let's first examine WHY there are listed stocks. If we cannot grasp that, no point debating further. A stock gets listed for TWO MAIN REASONS, the other reasons are secondary. One, is to raise capital to power growth plans for the company. Two, to allow for investors to participate in the prospects and potential growth of the company.


p/s: pics of Zoie Tam Hoi Kei, ...I like
2) There are investors who invest because of the stability of the business and the predictable profit streams. These are usually termed as blue chips, the ability to sustain profits growth and maintain stable dividends. A lot of long funds will want to invest in them. A lot of retiree fu…

Happy Father's Day - Let The Man Be The Man He Is

p/s: yes, Meisa Kuroki is back ..

I had a good chat with a friend about dads growing old. I assume we are all filial sons and daughters. When our dads grow older and older, maybe some will have retired from their careers by now. I wonder how many of us "love our dads" in the way that allows him to continue to be the man that he is.

Dads who are now retired are dads from a different era. Most of our dads are the strong silent types, not like many of the younger dads nowadays who will try to be good friends with their kids. 

A man of the house usually takes the lead in the household. He takes care of the paycheck. He calls the shots in many areas of the household matters. When they retire, they may not have access to as much "money as before" - gee, do you ever wonder why, thats because he has brought you guys up, send you guys to further your studies, even finance your first car or even your first home, down payment for this and that. Flying you back from overseas, etc…

How Long Will The Bull Lasts For Malaysia

Are we in a bull run? Of course we are. Not to labour the point but I highlighted the start of the bull run back in January this year... and got a lot of naysayers but never mind:






























p/s: needless to say, this is Jing Tian ... beautiful face and a certain kind of freshness in her looks and acting career thus far



http://malaysiafinance.blogspot.my/2016/12/bank-negara-may-have-switched-on-bull.html


I would like to extend my prediction that the bull run for Bursa stocks should continue to run well till the end of the year. What we are seeing for the past 3 weeks was a general lull where volume suddenly shrunk but the general trend is still intact. My reasons for saying so:

a) the overall equity markets globally will be supported by a benign recovery complemented by a timid approach to raising rates by most central banks

b) thanks to a drastic bear run for most commodities, and to a lesser extent some oil & gas players, the undertone for "cost of materials" have been weak and has pr…