Easy Money!!! I could have made 1,000,000

"I could have made RM1 Million!!!!!!!!!!!!!!!!!!!!!!!!!!!"

Consider this:

If you know that an announcement would be made on Wednesday that TNB rates will be revised upwards you would surely buy Tenaga shares on Tuesday. If you own an investment bank or have sufficient credit line with an Investment Bank you would have bought as much as you could knowing that the price will surely go up.

Since you have to pay within 3 days (T 3 rule), you would have planned to sell on Friday. So you could have bought 1 Million Tenaga shares on Tuesday and sold it Thursday for a cool MYR 1 Million profit without paying any money (perhaps some borrowing costs for 2-3 days).

Of course none of us are privy to the announcement of the fuel hike, but the family of the PM are privy to it.

Of course none of us have a large credit line with an Investment Bank but the family of the PM owns an investment bank.

Why the surprise announcement on 05 June when the PM has said that it would be in August? Well you can only make a big and quick profit if you control the timing and surprise others.
For those in the know (the powers that be and their cronies) this has been one hugely profitable week buying and shorting the related shares.

The poor rakyat had to battle the traffic and queued for hours just to fill up their tanks and perhaps save between MYR20-MYR50.

Just cursed yourself you are NOT the FIRST FAMILY!!"

....

Meantime people like me
Driving around in a Sunny
No money problem plenty
To save petrol, inflate tyre only
Makan Nasi dengan air curry
Kerja teruk sampai mati
Lepas itu anak ambil ganti
kerja utk kerajaan hari hari
supaya mereka hidup senang hati
terus susahkan ra'ayat dengan Islam Hadhari
tetapi sendiri tak tahu malu dalam hati
Nasihat saya...pergi Harakiri!

Oil, UMNO and Malaysian

by Tulang Besi at www.malaysiawaves.com

The information about the hike in oil prices have been around for the last 6 – 8 years. In fact, as far as 6 years ago, Goldman Sachs had predicted oil prices would touch USD$100 per barrel. I fail to see any significant steps taken by Barisan Nasional in the last 4 years despite knowing that the price of oil would hit Malaysia like a bus.

Of course, Goldman Sachs has now revised their predictions to USD$200 per barrel by next year.

UMNO and BN started to reduce subsidies bit by bit right after the 2004 landslide. And they did this knowing that oil prices would touch USD$100 per barrel or more. The government also promised several initiatives in place of the reduction of subsidies.

To me, their initiatives are next to nothing. In the last 4 years, how many new LRT stations have been built? How many new buses have been introduced into the bus system? Was any system of subsidy distribution for the poor put in place by BN?

Instead, what we see is that Pak Lah had used the last 4 years to make Khairy and his people richer. During this time, UMNO, being the backbone of BN, became more and more arrogant and corrupted. There was no sign of any of the reforms promised by Pak Lah before 2004 being implemented.

All we saw was a group of people close to Pak Lah consolidating their control over UMNO and the government. As far as the impending rise in oil prices was concerned, nothing was done.

I am sure BN could have accomplished these initiatives in 4 years:

1. At least another 5 – 8 LRT stations or tracks could have been built;
2. The number of commuter trains could have been doubled;
3. More commuter stations could have been built;
4. Proper connections between the three LRT companies could have been made;
5. The prices of cars could have been significantly reduced;
6. Increased the number of cars running on NGV;
7. Provided 50% of petrol stations in Klang Valley with NGV;
8. Implemented a discount coupon system for poor and middle class families so that they can buy gasoline at a very cheap rate.

But have we or do we see any of the above being implemented? No. Instead Pak Lah and his 4^th Floor cabal went on a rampage and in the process made themselves filthy rich with various dubious deals.

UMNO, on the other hand, still maintained their hold on the country resources where the Ketua Bahagian has the final say on who or where government contracts are to be awarded, for a fee of course. This is where the country’s wealth is actually drained; it goes to a bunch of Ketua Bahagian UMNOs whose jobs are only to ensure UMNO’s hold on the Malays is never compromised.

Instead of developing a Malay entrepreneur generation, UMNO has created a group of leeches that sucks the country’s wealth into their individual pockets while serving scraps to the rest of the people.

AVERAGE PEOPLE SUPPORTING THE CORRUPTED FEW

As a result, the majority of the public, Malay or not, have to spend through their noses to maintain the elites’ way of life. In short, the UMNOPUTRAS are feeding on the majority’s suffering.

Latest figures state that oil subsidy is at 7% GDP. Without the current price rise in oil at the pumps, our country’s budget deficit will be at 6%. What is never analyzed or declared is that if the country’s finances are handled properly, the deficit does not have to be at 6% despite the subsidy being at 7% GDP or more.

The laws of supply and demand apply. Right now, demand in Malaysia is high because our public transport system is bad and our dependence on gasoline and diesel too heavy. Any effort to reduce subsidies must be along the line of reducing demand.

Another major step that the government can take is to impose a windfall tax on petroleum companies. As our petroleum is regulated, these corporations will not have the option to transfer losses due to the taxes to consumers.

In fact, the windfall tax can be applied to all commodities companies in Malaysia who are enjoying a bumper crop due to increasing international demands. This windfall tax will reduce the deficit significantly and easily swallow the subsidy spent on oil.

But, Pak Lah and UMNO cannot make such a move because these companies (Petronas, Guthrie, etc.) are UMNO’s cash cow. They provide easy cash to UMNO leaders.

As a result of UMNO’s refusal to effectively tax the “Cash Cows”, the majority of the people are not enjoying the bumper crop of the country. Instead, Petronas’ money goes to the pockets of a few and these few are living life like heaven on earth.

The picture above is just the tip of the iceberg as there are so many other sectors of our economy that the government can extract significant amounts of revenue to reduce the deficit. However, since UMNO wants to ensure that these Cash Cows are protected, they are therefore not taxed properly.

Lastly, UMNO is beyond help and must be replaced. They are no longer serving the interests of Malays or Malaysians. UMNO is a mere instrument to serve a few individuals popularly known as UMNOPUTRAS.

The rest of us Malaysians are expected to toil, suffer and strive to ensure that these UMNOPUTRAS can continue to live their lives like heaven on earth.

Tulang Besi

www.malaysiwaves.com

This blog is HARDCORE...

It's been a while I had logged on the internet, checking out issues around the country, especially politics.

While browsing through m2day, I found this blog which is hardcore in slamming the govt especially AAB and his "kaum kerabat'.

Do check it out.

http://kerajaanrakyat.blogspot.com/

SHELL SRD...failed, Intel...passed!!!

I've been in KL for 2 weeks after my final exam and everything. Basically, I'm there holidaying, eat 5-6 times a day, sleep and gossiping with my aunts. Also, the "white fur" came to stay overnight at my aunt's place in KL so there were a lot of 'topics' to gossip around.

Actually, I have to attend the Shell SRD for 2 days in KL.

SRD = Shell Recruitment Day, is the second and final interview process before any new hire is hired. Venue is KLCC Twin tower. It's a very tough interview which starts from 7am to 5pm and it consists of three different assignments and tasks.

1) Case study

2) Group discussion/interaction

3) Techinical skills review

1) Case study.

Given a whole stack of information consists of emails, newsletter, company reports, etc and 1 and half hour to prepare for a 5 minute presentation before Q&A for 25 minutes. That's it.

Damn hard this one!

2) Group discussion

Also given stack of info about possible company's social investment. Discuss in group of 2 then proceed with group of 4. Q&A is done in a press conference style.

This is easy, some sort like MUET speaking test. Sometimes might feel very awkward with teammate.

3) Technical Review.

Ask to elaborate on a project involves technical skill. 40 minutes of discussion and presentation.

This is also easy. Bo bun teh. In fact, I've done very very well in this.

After the SRD, need to wait 3 days. After that, got a phone call from them saying that I am unable to secure a clear hire position due to lack of confidence in my first task, the case study. Tiu Nia Seng.

What i can say is that I failed to secure the position due to unforeseen circumstances. Well, at least I got to be in KL holidaying.

.....................

Now, I was waiting for the official offer from Intel as a Process Equipment Engineer or Package FA Engineer. The interview was simple and straight to the point.

I got the offer on the same day. Its either...

1) Intel do things efficiently

2) Position is urgent to be filled

3) I've impressed the interviewer (a quite leng lui) and she wanted me to be her colleague.

Penang lang parking KANASAi

Limpeh last week hua cia lok pee neeng interview, teeh it paai park cia si peh kiong kan.

Toh lok uu lang parking bo khua chia eh. Niabeh. Lu parking sui sui hor lang, lang tiok eh parking sui sui hor lu mah! Anneh kuan cin cin cai cai parking boh sar boh si, limpeh khua liao pun thor huik/auu tien.

Benz tiok bien si ah. Lang parking thit thit, lu tiok park tng tng. Lu anneh kuan park, jip pai park sar see leh wui! Sibeh kuailan. Parking coupon mah pang jit tioh nia.

Ee chit lang park noh lang eh ui, ko park tii teong eng, lim peh chia ai jip pun beh, ai cuut pun beh. Nabeh. Lu anneh kuan eh pattern limpeh jeng hu an cua tan lui? Limpeh jeng hu an cua zhor sui sui eh building? Tiong kim Pee Neeng boh simik lui ai zhor lor, state cheng huuh pun uwa liao, ka Malaysia jeng hu thor sibeh chueh lui sibeh mah huan. Federal Jeng hu ko sibeh kuai lan.

Nah si limpeh eh Datsun koh uu tee, limpeh toh lhong kau ee eh boei, cau cibai, beh kia laang tuuh lan.

We CANNOT call Malaysia a developed country..Why?

1. Malaysian GDP/ capita is about 5000 USD annualy; a developed country generally has GDP/ capita between 25.000 USD to 35.000 USD per annum.... 5000 USD only? still way to go, perhaps in 500 years to come they can reach this level...

2. They have a car company: Proton... yes, but India and China also have their own car companies, more than one even...and they still called as developing countries... while many rich countries as Luxembourg, Canada, Finland, Norway, etc don't have their own car company...

3. They have sent their citizen to space...yes, but with Russian technology during joint Russian and US mission...(why there's a Malaysian in a US-Rusian mission? weird eh?)

4. They think their infrastructure is a world class... YES, they have 3rd world class infrastructure...

5. They think they have the best universities in south east asia: WRONG... recent survey (July 2007) by webometrics place Malaysian universities under Singapore, Thailand and Indonesian..

6. They think they are prosperous and GDP/capita means nothing, a bias indicator...WRONG, look at their clothes, even in Kuala Lumpur, the capital, their clothes generally are similar to the poor ones in Australia, Canada, or US..

7. They think they are generally more literate than their neighbors... WRONG, please look at bookstores in Kuala Lumpur and compare them with the ones in Bangkok, Jakarta, Manila, in which the later have many many more books in their own respective language while in Malaysia few are in Malay language...book industry is flourish in Thailand, Indonesia, and Philippines, while in Malaysia they depends a lot on imported books...

8. They think they are the most cultured country in the region...WRONG: look at the pop culture of their youngsters... you'll see that Malaysia just copycat pop culture of their neighbors, mainly from Indonesia...

9. They think they are among the top tourism destination in the world... WRONG. Tourists come to Malaysia mainly are Singapore and Indonesia. Singaporeans just want to visit their families, while Indonesians want to find jobs there...

The all unique =Hokkien Lang=

The Hokkiens may be the biggest Chinese dialect group in Malaysia but the fact usually goes unnoticed except for one particular night. On the 9th day of the Chinese New Year, closet Hokkiens set off the loudest bang on earth. Armed with enough firepower to upset the earth's rotation - but thankfully restrained by the law - they settle for pissing off neighbours, pets and cops.

Most outsiders, understandably, consider Cantonese as the predominant Chinese dialect of Malaysia. In reality, Hokkien is the 'lingua franca' for many Chinese in Penang, Kedah, Perlis, Perak, Kelantan, Trengganu, Malacca, Selangor and even Johor.

So how did we end up with this popular misconception?
Why pick Cantonese instead of Hokkien?

Firstly, ignorant advertisers thought only Cantonese consumers had purchasing power. It didn't help that most Hokkiens spoke Cantonese and not vice-versa. Even a lot of Hokkieners do not speak Hokkien. KaHNihNeh. You fuck them in their face without them even knows that you're fucking/puuh'ing him. This phenomena is very obvious in places such as Ipoh, and KL. It disgust me even more when they speak with stupid 'hongkong' slang as in TVB movie. Tiuniamacauhai Hamkahchan.

The Hokkiens were running away from home since the cavemen days but the first major exodus was at the turn of the last century. Many of them landed in Ma Lai Ar with only a shirt on their back. Through grit, grind and a frugal diet of chai por, a number of them became octogenarian billionaires and tan slee. Ironically, in some cases, their educated heirs reversed the hard-earned fortune almost overnight.

Hokkien descendants now had conquered the political world such as (Latuk Slee Dr Lim Keng Yaik - Gerakan, Latuk Slee Ong Ka Ting - MCA, Saudala Lim Kit Siang - DAP)

Hokkien > Malay
Beh Chia - Becha (horse carriage)
Bee Hoon - Bihun (vermicelli)
Chat - Cat (paint)
Chin Chai - Cincai (easy)
Gian - Gian (addicted)
Wa - Gua (me)
Bakkuli - Guli (marble)
Kantangchu - Kentang (potato)
Kam Chieng - Kamcheng (close)
Kau - Kau (thick)
Ker - Kuih (pastry)
Kongsi - Kongsi (share)
Kueh Chee - kuaci (melon seeds)
Lu - Lu (you)
Mi - Mee (noodles)
Pan - Papan (wood)
Sar Tay - Satay (3 pieces, from Hainanese)
Teh Kor - Teko (teapot)
Tengki - Tengki (IC)
Tau Geh - Taugeh (bean sprout)
Tao Huu - Tauhu (beancurd)
Tau keeh - Tauke (boss)

Malay > Hokkien
Agak - Agak (estimate)
Baru - Balu (recently)
Belacan - Balachian (shrimp paste)
Botak - Botak (bald)
Diam - Tiam (quiet)
Durian - Liulian (durian)
Duit - Lui (money)
Gaji - Gaji (pay)
Hutang - Otang (debt)
Jamban - Jiamban (toilet)
Kacau - Kachiau (disturb)
Kahwin - Kauin (marry)
Kaki - Kaki (own, self)
Kari - Kali (curry)
Kaya - Kayakkkk (coconut egg jam)
Lelong - Lay Long (auction)
Longkang - Long Kau (drain)
Main - Main (play)
Mana - Mana (where)
Mata Mata - Mata (cop)
Pancit - Pumchet (puncture)
Pandai - Pan Nai (clever)
Pantang - Pantang (superstitious)
Pakat - Pakat (conspire)
Pasar - Parsat (market)
Pecah - Pit Chia (break)
Roti - Loti (bread)
Samseng - Sam Seng (gangster)
Sabun - Sap Bun (soap)
Salah - Salah (wrong)
Sama - Sama (all)
Saman - Sambang (summons)
Sayang - Sayang (pity, waste)
Sekali - Skali (again)
Senang - Sinang (easy)
Senget - Senget (crooked)
Sombong - Som Bhong (unfriendly)
Sotong - Sortong (squid)
Suka- Sukak (like)
Tahan - Tahan (withstand)
Tapi - Tapi (but)
Tiga Suku - Sar Suku (crazy)
Timun - Timun (cucumber)
Tolong - Tor Long (help)

Some local Hokkien words are innocuous but may sound offensive with changing times:
Ahmad (driver)
Bang Ka Li (Sikh)
Huan Kia or Huan Na (Malay)
Kek Leng Kia (Indian)
Sakai (Orang Asli)

Others sound bizzare but are actually quite logical:
Ang Mo Liulian - (mangosteen)
Butokan - (bottle)
Chiak Hong - (eat wind > vacation)
Holland Tau (peas)
Kana Kiu - (olive ball > rugby game)
Tua Kow - Big dog (police inspector)
Ampai Tao - (police chief)