Last updated: 15/03/2010

via: Banking Info

Last updated: 11/03/2010

via: Banking Info

Last updated: 10/03/2010

via: Banking Info

Succession planning, and more? Mr Yin Yee Yuen, COO of Pan Malaysian Pools, retains his position. He is nearing retirement age after sixteen years with the company. Mr Goh’s appointment could be seen as succession planning. It could also be read as a possible prelude to corporate restructuring now that Entertainment has been carved out as a separate division.

… from MIB.

Tanjong stock price hover around RM16.40 for 3 weeks. It ended at RM16.16 on November 2009 due to Dubai fear. So what is the best buying price for Tanjong? I set RM15.50 as the buying price on 10th November 2009. I will lower it to RM15.00 or RM14.50 if Dubai issue is getting worst. Let’s wait and see…

Buy stock when economy crisis; Sell stock when on good economy

Last updated: 21/04/2009

Only 1 USD = 3.32498 MYR. Come on. Bank Negara Malaysia Ringgit Foreign Exchange Rates shows 1 USD = 3.4050 MYR on 30 October 2009. Why PayPal exchange rate is so low? You will loss RM801 RM80.10 for 1000 USD-MYR conversion. That’s a lot!!!

Anyway, will check the exchange rate again next few days. See is there any improvement.

All the while, the only way to get PayPal funds out was using credit card or charge card. And there is USD 5 fee charges (RM20 now). But who want to withdraw to card when you can get it free (>RM400) or pay RM3 fee (<RM400) to local bank?

Cancel your credit card?

By the way, this is a special service tax. Even though you have a free for life credit card that you don’t need to pay annual fee, you still need to pay RM50 annual service tax to Malaysia government. (Refer here) Malaysia Prime Minister, Datuk Seri Najib Tun Razak said that RM50 for credit card not a big deal to Malaysians. And they are getting the extra RM1,000 tax relief. (refer here)

Does this RM1000 tax relief really help Malaysians? Lets do some calculations… For example, I have 2 banks’ credit cards (both MasterCard and VISA). (This is very common to all Malaysians, some have even more than 10 principal credit cards). So I need to pay 4 x RM50 credit card service tax, total == RM200. And I am in tax range of 13% which mean that I can only get RM130 back from RM1000 tax relief. In the end, I need to pay RM70 (RM200 – RM130) more back to Malaysia government. So who is benefit from this? Malaysia government or Malaysians?

For me, I am sure that I will cancel extra principal cards and supplementary cards to avoid paying more tax. Maybe reduce to 1 MasterCard and 1 VISA credit card. How about you?

For example, CIMB stock price increased 16% in a month from RM10.48 to RM12.22. And most of other FBM KLCI financial stocks are performing very well too. However, have them gone too far? Anyway, people don’t care much about it. They just know that when the bull is running, keep buying. Just make sure that you know how to sell when bear is backed.

By the way, when the central banks increase interest rate == financial stock will go up.

Innity September 2009 revenue

As you can see, the Innity revenue was very low at RM3.00 per day in first 2 weeks. And then spiked up to RM20.00 per day. Finally dropped again during end of September. Well, here is the explanation. There are only CPC ads running in first 2 weeks. As I mentioned before, image CPC click rate was extremely low ~ 0.1%. And I don’t like it. Then RM20.00 per day was caused by the CPM ad. Yeah… That’s a very high price CPM ad ~ priced at RM10++ CPM but with frequency cap. It was scheduled to run for 41 days but ran out of limit within 14 days. Innity ad inventory is low. There were only 3-5 CPC ads and 1 CPM ad ran on September.

Overall, Innity does bring revenue but not in a consistent way. If no more CPM ad running, I will take out Innity Ad codes because image CPC click rate really LOW. I prefer steady revenue.

I tested Innity Performance Network with 3 common ads ~ rectangle, leaderboard and skycraper ads. Played them around for 2 weeks. The earning for first 5 days looks good. It had some CPM ads running. However, there are same ads running on the sixth day but no paid impressions at all. After that, just a little 62 paid impressions on 8th and 1 paid impression on 10th. I started to wonder how Innity Performance Network system works…

The is a backup ad function in Innity which it called Alternate Ad Management. It should display your backup ad when there are no Innity targeted ads running. However, it does not work properly (did not display my backup ad) and have no option to turn off CPC ads. Who want to have image CPC ad? The click rate is way too low. I like ADSDAQ, it will only display its CPM ads and display your backup ad while no in house ads. I want to have CPM image ads only. CPC is for text ads.

Another thing that I don’t like most ~ no reply when ask question. I submitted a support ticket asking ‘Why no Paid Impressions on 10 August 2009′ on 11 August 2009. I resubmitted again with Innity contact us page the next day. No reply at all until now. Same like Advertlets ~ no reply when asking for payment. Only reply when you blog about it. Come on, please be a little bit professional.

Anyway, here is the past 2 weeks Innity Performance Network earning that I have. You make the call, should you use Innity Performance Network?

Innity Performance Network earning

Amanah Saham 1Malaysia is opened for all Malaysians age 18 years and above. The minimum initial investment is 100 units and maximum initial investment is 50,000 units per unit holder (100,000 units for those aged 55 years). This is no sales / service charges for the initial offer period. This is good because most of the private unit trust companies like Public Mutual has 5% service charges.

This is not a chance that you can have everyday. Therefore, if you have extra money to save, better put in Amanah Saham 1Malaysia unit trust than fixed deposit (which have much lower rate). For stock traders… It’s time to earn more with this extra fund in the stock market. Do select the right stock at the right time.

Tanjong Plc performance since June 2009

I started to study the research done by OSK Research, Standard & Poor’s (S&P) Equity Research by Public Bank and Maybank Investment Bank. The 12-month target prices given by these research firms are about the same RM18.60, RM17.00 and RM17.60. I checked back the previous recommended target price. OSK Research gave a very aggressive price that cannot be reached. S&P is still okay to follow but failed to reach too. Why? It is all because of other factors like economy, politics. Therefore, we should only use it as guidance. Study and make your own decision.

What price should we sell? Nope. I don’t sell attractive dividend yield stock. We should keep it unless the company is not performing anymore. The question we should ask… What price should I buy? Buy at the discounted price during economy downturn. Normally, people stay away from stock market. But that’s the best time to buy these high dividend yield stocks actually.

Dow Jones Industrial Average pass 6 months

I made a call that I will only enter stock market on Q3 during February 2009. The economy will be recovered starting Q3. However, some of my colleagues said that should enter in March. Too bad that I did not dare to enter that time. I wonder how much did that colleague earn… Yup. The economy does look like in recovery mode since Q2. With strong Q3 earning report from most of the companies, the sign of recovery look brighter everyday. By the way, the stock market always reflexes the future like around 4 – 6 months ahead. That’s mean if you think the economy will turn bad or good, you need to act 4 months before.

FTSE Bursa Malaysia KLCI pass 6 months

Back to the question, buy or sell? Buy if you think the stock can still perform more than 10% in next 12 months. Else it’s time to exit stock market.

Hong Leong Bank:
RM50 + RM10 (courier) + USD75 (Citibank Delaware)

Maybank::
RM25 + USD10 0.1% of the cheque (min: RM25.00, max: RM100). USD15 + unknown charge from the overseas bank

Public Bank:
0.1% of cheque amount (min: RM20, max: RM100) Postage: RM5 Stamp duty: RM0.15

HSBC:
RM11

EON Bank:
RM10

CIMB:
0.1% charge (min: RM5, max: RM100) Postage: RM5 Stamp duty: RM0.15
Note: You can deposit your check to the home branch only. But, you can mail your check to your BCB account’s home branch for bank-in.

RHB:
Postage: RM5.00 Stamp Duty: RM0.15 Commission: 0.1% of your cheque amount (minimum RM 10.00 and maximum RM 100.00)

Standard Chartered Bank:
0.01% of cheque amount OR min RM 50.

Bank Muamalat:
RM5

Alliance Bank:
~RM70

Southern Bank:
RM30 + RM0.15 stamp duty.

Some of the process fees are cheap while some are very expensive. I have 3 bank account from the list above, Public Bank, Maybank and HSBC. Among 3 of them, HSBC processing fee is the cheapest ~ RM11. Why do I need to find the cheapest rate? I have a USD 20.63 cheque to clear. And I don’t want to waste the money for bank fee.

I bank in the US cheque in HSBC. It took exactly 1 month to clear the cheque. And charged RM 11.65 as processing fee. Hmm… I still prefer Western Union or PayPal payment. It is lot faster and easier. No need to show up at bank to get the payment. And no processing fee also…

49th of top 100 Malaysian blogs

The ranking is based on Alexa and Technorati. Personally, I don’t like Alexa because it does not reflex the actual visit or page view. Some websites which have very low traffic but have very high rank in Alexa. Technorati is about the same. If the blogs does not clawed by Technorati spider, there are not counted. So you will have low ranking if most of your incoming links are from non-technorati clawed blogs.

Rally from 12 March to 15 June 2009

I always ask this question to myself, “Should I enter stock market now?” There is lot of answers. Some will tell you to buy when low. Some said you can enter market anytime as long as you think the stock worth the price. Keep the stock for long term like 5 to 10 years. No worry when to go in. Average the stock price by buying several times at different price that you think is right.

Oh no… I really need to study more in order to success in stock market. Time to study again…

Asia stock markets stumbled

On the time that I wrote this, US stock market already turn green after the 1st hour trade. Will it stay in green for the rest of the day? For me, I wish it will continue to drop because I did not enter market on 14 May 2009.

My friend Jason told me to monitor HSPLANT. I checked it and discovered that HSPLANT has a good dividend yield ~ around 5-8% depend on the price you bought it. And the capital gain easily goes up 50-75% as the 52-week low is RM1.25 with current price RM2.20. Isn’t plantation stock good to invest?

Most of the plantation stocks hit bottom during November 2008. And bounced back at least 50-100% since then. It will keep going up. So what are you waiting for? It’s time to buy more. Now or never…

KLCI result for last 3 months

52wk Range = 801.27 – 1,302.83. Current = 1,023.47. I missed the lowest point. Who know the lowest point? It might go down again, right? Nope. Based on the current situation, it will have a correction ~ maybe small drop to level 970? The sky is not falling.

7 May 2009 is not a good day for Malaysia. This is not the first time and will not be the last time.

If you are an investor, do you dare to invest in Malaysia with uncertain politics?

Advertlets was the first local online advertisement company that selected in Jayce Ooi’s Paradise . I joined Advertlets on 28 May 2007. I put a lot of hope in this local company during that time. It was better than Nuffnang back then. I managed to get RM50 by writing a review on Advertlets in its RM15,000 for 300 Bloggers Program! Another RM25 for StarCeleb.tv review . Lastly, another RM20 for StarCeleb.tv Roadshow Event Announcement . Besides paid post, a website should have some income on the advertisement. That is the main purpose that I joined Advertlets. However, Advertlets did not want to pay me for what I deserve. And stated that there are a significant amount of click frauds. Therefore, Advertlets denied my 2 cash out on June and August 2007. See what Josh, Advertlets CEO said to me on King of complain is backed!!! post.

Advertlets forfeited all my earning. After complained… Advertlets bla… bla… bla… Give me back RM90 (hey, it should be RM95) in the end. So I decided to give a chance to Advertlets so that I can cash out again when I reach RM100. Finally, I cashed out again in 18 December 2007. It is 7 May 2008 now. After 5 months since I cashed out. I still did not receive any cheque from Advertlets. Of course, I did complain again on 10 March 2007. And Advertlets did the same bla… bla… bla… again and again. What did I do? I removed all the Advertlets advertisement at Jayce Ooi’s Paradise. What is the point of putting Advertlets advertisement when it do not pay at all?

So… How long will I need to wait for this first Advertlets cheque?

For your information, I received 2 cheques from Nuffnang and 1 payment from Google AdSense already. Third Nuffnang cheque is coming very soon. Advertlets is way too slow in everything.

Think twice before sign up with Advertlets. The cash out limit is RM100. You need a very long time to get it if you blog traffic is low. And Advertlets might deny your cash out then.