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
3 comments:
Reading these comments. I just realise how ethnocentric Malaysia has become in the 21st century!
They sit in parliament to make laws, head ministries that they themselves have no confident in..........fail to raise it above level and send their own children to overseas because they know, the quality of education in Malaysia is not good.
First, Malaysians……….you have been cheated by BN politicians and second, Malaysians……….the BN leaders sucked you, they use your money to finance their children overseas but your children have been neglected…………double fool.
Have commented that malays including intellectuals want non-meritocracy and NEP to stay or implemented. Even malay intellectuals distrust feelings against multiracial parties even though they are against Umno.
They believe that only Umno can protect malays rights. Therefore it is imperative that non-malays vote opposition to change the present system otherwise non-malays will continue to send their children overseas for education because they have no choice, whilst malays politicians and wealthy ones will continue to send their children overseas because the education standard here is low.
How ironic.
MAS case is only the tip of the iceberg. The whole country administration machinery, privatized or not privatized, is governed by a bunch of incompetents.
We can't trust our schools and universities as the BN leaders also send their children overseas to study, as they themselves also can't trust the system.
In case of sickness, our BN leaders also rush to Singapore or overseas to seek treatments, as they themselves also can't trust our own medical system. The only thing we can hear is the boastfulness everywhere in this Bolehland.
If we correct from our mistakes we are still men. But the trouble is that we keep on repeating mistakes, and instead of correcting, we keep on fining excuses.
Worst still we want to imagine that we are great, sending astronaut to the space using other people's spaceship.
In the end, the money come from the rakyat again to fund these losses while the BN leaders and top management get away with huge pay packages, and to make matters worst, they will get away with it.
Yes, this is the secret recipe called 'Boleh' only available in Bolehland!
Many many years ago, my brothers, cousins and friends, all top students applied to local university to be computer and electrical engineers.
None of us got in. We all went abroad, many of us made a killing but all of us had a good career and was in the centre of the IT revolution.
Recently some of us were approached to return to Malaysia but even at million-ringgit salary, we unanimously said no.
Cheated once, it’s a pity, cheated twice is your fault.
Drug abuse, hate, incest, liberal extremism (culture of miniskirts and gay marriages), murder, racism, rape, religious fanaticism, parochialism, snatch theft, spoilt-bratty behavior, tribalism, wife abuse, child abuse, all that is associated with the malay race.
To them, malay is the biggest impediment towards building a truly Malaysian nation, and should be chucked into the dustbins of history.
Sad. Sad. Sad.
The question asked by many of my fellow Chinese is this - Why can’t you just tell the malay peoples to adopt Chinese culture which is superior?
History always repeats itself. And nature is cruel. Any race of lower intelligence gets wiped out eventually.
See what is happening to indigenous tribes and their lands, always taken over by smarter people from elsewhere.
Look at Singapore, who owned it in the first place and who came and took it over?
America was taken by Europeans from the Red Indians. Even British convicts and unwanted low life managed to grab Australia from the aborigines and reduced them what they are today. They may become extinct one day.
However Malaysian still have hope as they are learning fast. Just hope it is fast enough. Problem is that some of them are still crying for bumi policy as a crutch. The smarter ones know that it is just prolonging the agony. Any way the smarter ones actually are not from Malaysia originally.
You can only survive if you are able to stand on your own two legs. Shouting “Malaysia boleh” is no use - if you can, you can.
“Only a quarter of Malaysian is Chinese while more than half of the population is malays. Yet Chinese control half of the economy while malays only about 20%. ”
Whether there is NEP or not, don’t make much difference in the long run. When you walk with crutches for too long, you lose the ability to stand on your own legs.
Friend, you have a place there. Find your own niche in the food chain. (If you leave for greener pastures, you are repeating what your forefathers did when they left China and ended up in oversea.)
People with brains can overcome all sorts of man-made obstacles or unfairness. Those with brains but do not use them will cry for help.
You can decide which type you want to be.
Since you all obviously have a lot of angst inside of you, I am hereby posting to comment about Malaysia and its dreadful quota system or how inefficient the country is.
I am a Malaysian and have lived in Singapore very happily the past 6 years.
Every time I go back to Malaysia, my parents can't stop reminding me not to carry a clutch bag out, not to drive out late at night, to go out in groups and never walk alone on the street.
Every time I read the newspapers, I cringe in horror at all the crimes I see in the papers.
Every time I talk to my friends, they tell me about my drug lord friend who keeps having to pay the policemen to keep them away from him.
Every time I walk outside, I cringe at the malays whistling and calling me Amoy despite me wearing a t-shirt and jean.
If you are embarrassed that I don't see what Malaysia has to offer, I am embarrassed you think that we Malaysians living in Singapore should all think like you.
Ignorant and superficial?
Just because I enjoy being able to walk down the streets without having to keep turning around to see if someone's tailing me? Just because I got a good quality degree here? Just because I like order and cleanliness?
If that is ignorance and superficiality, so be it.
You cannot change the system in Malaysia, so if you really hate it that much, emigrate. It is Malaysia's loss, not yours.
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