I just mentioned about take over and general offer.
Today, The Star reported that one of the company that I have mentioned in my blog before........ FTEC has become a take over target by an ERP system developer Online One Corp Bhd.
The shares price and Chart of FTEC can be view Here
Tag Computers and internet
TechnoratiTag: Business Commentary Computers finance Malaysia Opinion Shares
Stock Market Tech News Technology
Wednesday, August 31, 2005
Sunday, August 28, 2005
The next likely General Offer (GO) target
Stock market have a lot of General Offer (GO) recently. The Star also feature about it last week. Punter and investor are guessing who will be the next.
Actually there is one company up for sale for quite some time. The company is Courts Mammoth Berhad. The holding company in UK is in financial difficulties and is under receivership. the receiver in UK does not rule out to dispose off it Malaysia operation.
As I mention before. The manufacturing cycle is
Textile------>Steel----->Automobile----->Electrical Home Appliance
Now, Malaysia has lost it competitiveness in manufacturing industry to China. We have to convert to services industry.
Electrical Home Appliance industry like Sony venture into Media and Entertainment Industry. In fact Sony new CEO now is a non Japanese from it US entertaiment and media industry.
Textile company. Usually venture into retail industry. In Malaysia, we have Padini, venture from textile industry to become retailer. Usually, when a develop country invest overseas. They usually invest in retail industry. Malaysia receive less Foreign Direct Investment(FDI) in manufacturing industry. However, we have a lot FDI in service industry, like from Europe, we have Tesco, Macro, Carrefour. From Japan, We have Isetan,Yaohan, Sogo, Jaya Jusco(Aeon).
The world biggest company in term of turnover is Wal-Mart. A retailer and not manufacturing company.
From retailing, they venture into consumer credit like Aeon Group of Jaya Jusco. They venture aggressively in consumer credit.
Courts Mammoth Bhd, a retailer and a consumer merketing player from UK. Availaible for sales. How much does it worth?
TechnoratiTag:Business Commentary finance Malaysia Opinion Shares Stock Market
Actually there is one company up for sale for quite some time. The company is Courts Mammoth Berhad. The holding company in UK is in financial difficulties and is under receivership. the receiver in UK does not rule out to dispose off it Malaysia operation.
As I mention before. The manufacturing cycle is
Textile------>Steel----->Automobile----->Electrical Home Appliance
Now, Malaysia has lost it competitiveness in manufacturing industry to China. We have to convert to services industry.
Electrical Home Appliance industry like Sony venture into Media and Entertainment Industry. In fact Sony new CEO now is a non Japanese from it US entertaiment and media industry.
Textile company. Usually venture into retail industry. In Malaysia, we have Padini, venture from textile industry to become retailer. Usually, when a develop country invest overseas. They usually invest in retail industry. Malaysia receive less Foreign Direct Investment(FDI) in manufacturing industry. However, we have a lot FDI in service industry, like from Europe, we have Tesco, Macro, Carrefour. From Japan, We have Isetan,Yaohan, Sogo, Jaya Jusco(Aeon).
The world biggest company in term of turnover is Wal-Mart. A retailer and not manufacturing company.
From retailing, they venture into consumer credit like Aeon Group of Jaya Jusco. They venture aggressively in consumer credit.
Courts Mammoth Bhd, a retailer and a consumer merketing player from UK. Availaible for sales. How much does it worth?
TechnoratiTag:Business Commentary finance Malaysia Opinion Shares Stock Market
Guide To Trading With Discipline & Confidence (Advertorial 1)
The goal of any trader is to turn profits on a regular basis, yet few people ever really make consistent money as traders. What accounts for the small percentage of traders who are consistently successful? The determining factor is psychological — consistent winners think differently than everyone else.
Traders who have confidence in their own trades, and who trust themselves to do what needs to be done without hesitation, are the ones who become successful. They don’t fear the erratic behavior of any market. They learn to focus on the information that helps pinpoint opportunities to make a profit, rather than focusing on the information that reinforces their fears.
1)Sound complicated? It’s not. While this may sound complicated, it all boils down to learning to believe that:
2)you don't need to know what's going to happen next to make money;
anything can happen; and
3)every moment is unique, meaning every edge and outcome is truly a unique experience.
The trade either works or it doesn't. In any case, you wait for the next edge to appear and go through the process again and again. With this approach you can learn in a methodical, non-random fashion what works and what doesn't. And, just as important, you will build a sense of self-trust so that you won't damage yourself in an environment that has the unlimited variables the markets have.
We’ll show you how to become a better trader by re-evaluating your strategy and your motivations, finding a comfortable style, understanding some of the psychology of any market, and how to become a logical, disciplined, successful trader. This e-course is intended for beginning traders, as well as those with more experience who need to step back and rework their approach.
If you have some stock trading experience, for instance, this e-course may contain some principles and information that you’ve heard before. Even people with a great deal of experience consistently make common mistakes. Many have been helped by having basic principles set out clearly and reinforced over and over again. It's human nature for people to do things they shouldn't even when they know better. This is why analyzing your own psychological tendencies is so valuable. To trade or invest successfully, you must have the basic rules firmly in mind and follow them consistently.
We have not tried to focus on specific techniques for specific markets: the strategies, concepts, and techniques we’ll show you can apply to any type of trading. The purpose of this e-course is to help you develop a disciplined and confident approach to your trading no matter what market you’re in. Our goal is to help you be the best trader you can be, using your individual strengths, style, and motivations. Every trader is different; your goal should be to maximize your profits by using your individual talents and abilities to their best advantage, and to avoid making mental and emotional mistakes that can cost you money.
The market has incredible gifts to give, if you're prepared to take them. The market can also wipe you out in a matter of days if you let it, and it won't ever say it's sorry. You may have lost money in the market already, and may have opened this e-course to learn how to improve your trading ability. We’ll show you how to prepare yourself intellectually, psychologically, and emotionally to successfully profit from trading.
Trading is hard work. But the rewards can be great for those who have the discipline to trade in a consistently safe and responsible way. Although the market still is not a truly level playing field, there is now a chance for traders with small accounts to enjoy the rewards that until recently were reserved for market professionals and large investors. If you work at it, you can be a successful trader ― it simply takes discipline, patience, flexibility, an open mind, and a commitment to learning every day.
"What Takes Some Successful Traders A Lifetime To Achieve Could Take You Just A Few Days... Or Less!"
Get these reports for free
Advertorial 1 - Introduction
Advertorial 2 - The Basics of Analusis and Rational Trading
Advertorial 3 - Basic Principles
Advertorial 4 - Characteristics of Successful Traders
Advertorial 5 - Playing to Your Strenghts, Overcoming Your Weaknesses
Advertorial 6 - Winning Psychology
Advertorial 7 - Avoiding Common Pitfalls
Advertorial 8 - Sound Money Management
Advertorial 9 - Trading Systems
Advertorial 10 - Final Words
TechnoratiTag:finance Malaysia Shares Stock Market
Traders who have confidence in their own trades, and who trust themselves to do what needs to be done without hesitation, are the ones who become successful. They don’t fear the erratic behavior of any market. They learn to focus on the information that helps pinpoint opportunities to make a profit, rather than focusing on the information that reinforces their fears.
1)Sound complicated? It’s not. While this may sound complicated, it all boils down to learning to believe that:
2)you don't need to know what's going to happen next to make money;
anything can happen; and
3)every moment is unique, meaning every edge and outcome is truly a unique experience.
The trade either works or it doesn't. In any case, you wait for the next edge to appear and go through the process again and again. With this approach you can learn in a methodical, non-random fashion what works and what doesn't. And, just as important, you will build a sense of self-trust so that you won't damage yourself in an environment that has the unlimited variables the markets have.
We’ll show you how to become a better trader by re-evaluating your strategy and your motivations, finding a comfortable style, understanding some of the psychology of any market, and how to become a logical, disciplined, successful trader. This e-course is intended for beginning traders, as well as those with more experience who need to step back and rework their approach.
If you have some stock trading experience, for instance, this e-course may contain some principles and information that you’ve heard before. Even people with a great deal of experience consistently make common mistakes. Many have been helped by having basic principles set out clearly and reinforced over and over again. It's human nature for people to do things they shouldn't even when they know better. This is why analyzing your own psychological tendencies is so valuable. To trade or invest successfully, you must have the basic rules firmly in mind and follow them consistently.
We have not tried to focus on specific techniques for specific markets: the strategies, concepts, and techniques we’ll show you can apply to any type of trading. The purpose of this e-course is to help you develop a disciplined and confident approach to your trading no matter what market you’re in. Our goal is to help you be the best trader you can be, using your individual strengths, style, and motivations. Every trader is different; your goal should be to maximize your profits by using your individual talents and abilities to their best advantage, and to avoid making mental and emotional mistakes that can cost you money.
The market has incredible gifts to give, if you're prepared to take them. The market can also wipe you out in a matter of days if you let it, and it won't ever say it's sorry. You may have lost money in the market already, and may have opened this e-course to learn how to improve your trading ability. We’ll show you how to prepare yourself intellectually, psychologically, and emotionally to successfully profit from trading.
Trading is hard work. But the rewards can be great for those who have the discipline to trade in a consistently safe and responsible way. Although the market still is not a truly level playing field, there is now a chance for traders with small accounts to enjoy the rewards that until recently were reserved for market professionals and large investors. If you work at it, you can be a successful trader ― it simply takes discipline, patience, flexibility, an open mind, and a commitment to learning every day.
"What Takes Some Successful Traders A Lifetime To Achieve Could Take You Just A Few Days... Or Less!"
Get these reports for free
Advertorial 1 - Introduction
Advertorial 2 - The Basics of Analusis and Rational Trading
Advertorial 3 - Basic Principles
Advertorial 4 - Characteristics of Successful Traders
Advertorial 5 - Playing to Your Strenghts, Overcoming Your Weaknesses
Advertorial 6 - Winning Psychology
Advertorial 7 - Avoiding Common Pitfalls
Advertorial 8 - Sound Money Management
Advertorial 9 - Trading Systems
Advertorial 10 - Final Words
TechnoratiTag:finance Malaysia Shares Stock Market
Sunday, August 21, 2005
Beneficiary of trade liberalism in textile industry
US and EC has lifted the import quota on textile industry from 1 January 2005. EC has however has limit China's textile import to EC at 12.5% growth rate. Whereas China negotiation with the US is still on going.
Textile industry is a very labor intensive industry. Base on China agreement with EC. China labor cost has escalated and it textile industry would become uncompetitive after 3 years restriction lapse.
Who is the beneficiary of such liberalism and restriction on China? Ramatex Berhad, Malaysia largest textile manufacturing company, which has investment in China, Cambodia, and Africa would be benefited. It website listed 5 factory in Suzhou, China is under expansion.
In it home country Malaysia. It just obtain a USD10million term loan facilities from from BNP Paribas Labuan Branch. The purpose of the Facility is to finance the capital expenditures and working capital requirements of Tai Wah Garments Industry Sdn. Bhd., which is in tandem with the increase in its business orders. According to announcement to Bursa Malaysia.
Textile industry can be started at very low capital. Ramatex Bhd started with only S$80,000 in 1976. With less than 30 years. It turnover has expand into billion.
Toyota, automobile manufacturer in Japan started from textile manufacturing company. Same as Taiwan's automobile manufacturer, which joint venture with Nissan of Japan. Only Hunydai of South Korea started from contruction industry.
Unfortunately, China unable to follow this path of industrialization process after limitation and restriction from EC and now US.
However, Ramatex Berhad of Malaysia is a beneficiary. Rumors say that it factory in China and Malaysia remain busy, and is expected to announce a favorable result.
TechnoratiTag:Asia Business Commentary competitive Economics Economy finance Malaysia News and politics Opinion Shares Social Stock Market World
Textile industry is a very labor intensive industry. Base on China agreement with EC. China labor cost has escalated and it textile industry would become uncompetitive after 3 years restriction lapse.
Who is the beneficiary of such liberalism and restriction on China? Ramatex Berhad, Malaysia largest textile manufacturing company, which has investment in China, Cambodia, and Africa would be benefited. It website listed 5 factory in Suzhou, China is under expansion.
In it home country Malaysia. It just obtain a USD10million term loan facilities from from BNP Paribas Labuan Branch. The purpose of the Facility is to finance the capital expenditures and working capital requirements of Tai Wah Garments Industry Sdn. Bhd., which is in tandem with the increase in its business orders. According to announcement to Bursa Malaysia.
Textile industry can be started at very low capital. Ramatex Bhd started with only S$80,000 in 1976. With less than 30 years. It turnover has expand into billion.
Toyota, automobile manufacturer in Japan started from textile manufacturing company. Same as Taiwan's automobile manufacturer, which joint venture with Nissan of Japan. Only Hunydai of South Korea started from contruction industry.
Unfortunately, China unable to follow this path of industrialization process after limitation and restriction from EC and now US.
However, Ramatex Berhad of Malaysia is a beneficiary. Rumors say that it factory in China and Malaysia remain busy, and is expected to announce a favorable result.
TechnoratiTag:Asia Business Commentary competitive Economics Economy finance Malaysia News and politics Opinion Shares Social Stock Market World
Sunday, August 14, 2005
New Economic Policy
My blog has numerous comment post by reader on New Economic Policy(NEP). A "Letter to Editors"published by The Edge on its recent printed edition has an interesting comment.
The reader claim that the bumiputra has dominant the banking industry, which I agree. And dominant the automobile industry in Malaysia.
Out of 10 anchor bank in Malaysia. Only PBB, Hong Leong Bank and Southern Bank are control by non-bumiputra.
Again, after Oriental Holding Bhd lost it franchise and dealership of Honda. Hyundai franchise has been acquired by Sime Darby. Only Tan Chong which hold distributorship of Nissan remain under Non-bumi.
Actually, it is ridiculous to excluded Government Link company(GLC) on it calculation on 18% ownership. If included GLC. Bumiputra is control more than 50% of Malaysia economy. All GLC are head by bumiputra and majority of its staff comprises bumiputra plus it has the bumiputra culture.
Other than the two industry highligh by the reader of The Edge. The reader fail to included plantation industry. With the GLC control of Sime Darby, Golden Hope and Guthrie. Bumiputra actually control the majority of the plantation land in Malaysia. It just that it yield of the company unable to compete with those control by Non-bumi like IOI, KLK and PPBOP. Thus, it's time to improve efficiency and competitiveness rather than improve percentage of ownership.
All the plantation company also have a property development arm to capitalize on the landbank like Sime UEP,I&P and Gutherie Land.
Bumiputra also control all the free to air TV via Media Prima Bhd. Holding company of TV3.
At one point of time. Bumiputra control the whole Kuala Lumpur transport system via IntraKota and Park May Bhd. However, both have been acquired by the government due to inefficiency and unable to pay it debt. Again, this is a question of efficiency and not question of ownership.
Sadly, savvy bumiputra entrepreneur like AIC Corporation Bhd's chairman Y. Bhg. Datuk Haji Sarip bin Hamid fail to get government support as he prefer to donate to the poor rather than make political donation.
TechnoratiTag:Asia Business Commentary competitive Economics Economy finance Malaysia News and politics Opinion Politik Shares Social Stock Market Tech News Technology
The reader claim that the bumiputra has dominant the banking industry, which I agree. And dominant the automobile industry in Malaysia.
Out of 10 anchor bank in Malaysia. Only PBB, Hong Leong Bank and Southern Bank are control by non-bumiputra.
Again, after Oriental Holding Bhd lost it franchise and dealership of Honda. Hyundai franchise has been acquired by Sime Darby. Only Tan Chong which hold distributorship of Nissan remain under Non-bumi.
Actually, it is ridiculous to excluded Government Link company(GLC) on it calculation on 18% ownership. If included GLC. Bumiputra is control more than 50% of Malaysia economy. All GLC are head by bumiputra and majority of its staff comprises bumiputra plus it has the bumiputra culture.
Other than the two industry highligh by the reader of The Edge. The reader fail to included plantation industry. With the GLC control of Sime Darby, Golden Hope and Guthrie. Bumiputra actually control the majority of the plantation land in Malaysia. It just that it yield of the company unable to compete with those control by Non-bumi like IOI, KLK and PPBOP. Thus, it's time to improve efficiency and competitiveness rather than improve percentage of ownership.
All the plantation company also have a property development arm to capitalize on the landbank like Sime UEP,I&P and Gutherie Land.
Bumiputra also control all the free to air TV via Media Prima Bhd. Holding company of TV3.
At one point of time. Bumiputra control the whole Kuala Lumpur transport system via IntraKota and Park May Bhd. However, both have been acquired by the government due to inefficiency and unable to pay it debt. Again, this is a question of efficiency and not question of ownership.
Sadly, savvy bumiputra entrepreneur like AIC Corporation Bhd's chairman Y. Bhg. Datuk Haji Sarip bin Hamid fail to get government support as he prefer to donate to the poor rather than make political donation.
TechnoratiTag:Asia Business Commentary competitive Economics Economy finance Malaysia News and politics Opinion Politik Shares Social Stock Market Tech News Technology
Subscribe to:
Posts (Atom)