Sunday, June 29, 2008

A Malaysian sad story... do we deserve it???


I just could not stay silent anymore after all the things that are happening in Malaysia. Few things I would want all Malaysian to know and think carefully as their future, all their investment in stock market, property, and how their lives will change if the current condition continues…

Statements..
1) Promise of a reform in the police and judiciary system in this country remains a wish…
2) Arrogance of gov to treat its citizen like slaves… Give what it likes and do what it wants without having to care much about your feelings and welfare…
3) Senseless and meaningless Sukhoi jets purchase by the defense ministry using the people’s tax money!!!!!
4) Police officers and a political analyst of DPM in being charged in the brutal and barbaric murder of Mongolian model using C4 explosive which is highly dangerous and can only be obtained after being approved by the defense ministry.
5) The claim of submarine commission of >RM500 mil given to the person authorizing the purchase of some useless submarines…is this being investigated? Do you know who much we can do with RM500mil? And the billions used in the submarines purchase…???
6) Amendment of 9mp by the fed gov by canceling all project in the Pakatan Rakyat controlled states!!... Which tells us the promises made by the fed gov before election is of no meaning because they can change the plan anytime they want!... the people in these states need the developments!!!
It’s all but lies!!... to win votes. (How pathetic)..the rakyat knows better…
7) Charging Malaysia today chief editor Raja Petra Kamarudin of sedition...what sedition?? By revealing evidence in a murder case?
8) The return of the 1998 joke of the century, accusation of Mr. Anwar Ibrahim (leader of Pakatan Rakyat) of sodomising an “aide”… or a mole? (from the existing xxx - you know lar)
9) How can a country as rich as Malaysia, has more than 80% of its people living at or below the poverty line???!!?

Questions Malaysians must ponder…
1) Are we being denied of what we deserved?... we pay RM2.70 for a liter of petrol… what other benefits the people get in return of that? Public transportation in my view is a failure in this country… take Selangor alone…90% of the people go to work with their own transport!!!.. Are you satisfied? Compare to Singapore and Australia to see much we lag behind in development…
2) Are you willing to invest more in this country?
3) Why are we paying heavy taxes?
4) Do your children have a future here?
5) Who gives the mandate to form the gov? (The people!!!)
6) Then WHY are the policies not favouring the people?? But makes the lives of the people harder day by day..
7) Real inflation rate is 6% at least… if not higher than BLR… so are you building wealth or losing wealth each day?
8) Is the gov doing its job well? (I think they suck big time)…


Ultimate question for all….
* Should we give our tax to the State government instead of the Fed gov? Since we dictate our future? We can build our own subway with our own money in Penang!!! Screw the fed gov... they are where they are because we give them the power to run the country... the people can take it back one way or another!

Wednesday, June 25, 2008

Malaysian stock market future?


With the political crisis looming in the governing party BN, many projects unveiled in the 9mp will not be materialize. The likelihood of project like the northen pipeline that span across the east and west is similar to the likelihood that the prosecution in the Altantuya murder case would call the 3 names revealed in the statutory declaration of Raja Petra (cousin of Sultan Selangor) to court.

With the rising consumer goods and the all time high inflation of ~7.5% (as real as it can be)... the malaysian people are struggling to cope with the daily expenses that seems to rise everyday from food to utility and other general necessities....

From foreign investors perspective, most of them that I know of have been shorting the market for the past few months now... and some even speculated a huge sell off in time to come... many have advised their clients to stay away from the Malaysia market in view of the current situation... while the new state government continue to clean up the administration and start a new beginining, can of worms are bound to be unveiled... that's a fact many would agree since the change in power seems to have caught the previous government by surprise... more revelation of misused of power by individuals elected by previous gov would mean better publicity for the new government called "Pakatan Rakyat".

For the next few years the Malaysian market will not be a good place for investment.... in a nut shell, the outlook is gloomy and uncertain... not a favourable place for investment for now...