Monday, January 5, 2009
The Beginning of 2009
Tuesday, December 2, 2008
Company: Chaoda
Technical Analysis
Technical Analysis is one of the securities analysis used to forecast the future possibilities of direction of price through the study of past market data, primarily price and volume.
The chart of the price and volume was recorded and some formula were apply to read the chart. Lot of the traders ignore the fundamental analysis and the actual nature of the company, market, currency or commodity when they trade in the market. This is because they believe all the sentimental is factor in the price and volume which cause by the human behavior.I recommend technical analysis is just a reference tools and investment still need to go back to fundamental.
Well, technician says that market's price reflects all relevant information, so their analysis looks more at "internals" than at "externals" such as news events. Price action also tends to repeat itself because investors collectively tend toward patterned behaviour, hence technicians' focus on identifiable trends and conditions.
Basically, technical looks at the price trends, moving average, indicators such as volume trend, MACD, RSI, Stochastic, DMI, Retrenchment, Support and Resistant, and so on.
Sunday, November 9, 2008
Balance Sheet Statement
In a financial statement, balance sheet provides information regarding the financial position of the company at particular date. It is a snapshot of the financial position of the company at that point in time.
Balance sheet shows what a company owns, what it owes and the value of the company to the owners, on date that it is prepared. Consequently, a balance sheet is made up of three parts, which are:
1. Assets : What a company owns
2. Liabilities: What a company owes
3. Shareholders' Equity: The value of the company to its owners.
Since the company holds assets that it uses to generate revenue. These assets are funded either by shareholders' equity or by liabilities. This relationship is expressed in the accounting equation: Assets = Liabilities + Shareholders' Equity
Friday, October 31, 2008
Brokerage Charges
Malaysia:
Brokerage | 0.7% (Max) or RM40 |
Clearing Fees | 0.015% |
Stamp Duty | RM1 for every RM1000 value |
Singapore:
Brokerage | 0.25% (Max) or SGD30 |
Clearing Fees | 0.04% |
Access Fees | 0.005% |
Hong Kong:
Brokerage | 0.1% (Max) or HKD50 |
Clearing Fees | 0.0025% |
Stamp Duty | 0.1% |
Levy Fees | 0.004% |
Trading | 0.005% |
Brokerage | 0.4% |
Bank fix charge (depend on bank) | THB500 |
Vat charge | 0.021% - 0.571% |
Capital gain tax (selling only) | 0.15% |
Forex differences will be count on the day of the transaction.
Most of the Securities Firm in Malaysia, if there is dividend, pay out by foreign listed company, the dividend will send to the Securities Firm, then only distribute to the shareholder accordingly.
Tuesday, October 14, 2008
Friday, September 5, 2008
Corruption
Corruption means stop developing and improving, worst will reverse the progression. It encouraging mistake. It widens the gap between rich and poor. Rich become richer while poor become poorer.
At first, government gives out project for tender. Which proposal is the best, lowest cost, highest performance, suppose government award the project to the proposal. This is just to make sure everything is lowest cost and highest quality among the choices.
When corruption come into the picture, the project award to who propose higher under table money amount. There is no cost, quality, and performance taking into consideration. The result will be collapse building in construction sector, bad dept in financial sector, low quality and affected sale in long run in manufacturing sector, unhygienic food from food and beverage sector, doctor who have to don’t know how to diagnose and cure, a city development with square, triangle, round and other shapes and so on.
When higher authority starts corruption, their subordinate will follow. This will spread to every society level, diffuse to everyone mindset, and enter to deal. Those who get rich with this method will keep this method to conquering other deal. Rich will get richer; it didn’t encourage quality and ideas. Therefore, everyone start to stop improving and learning, they start migrate out since no opportunity, or start to build relationship with money. Soon, whole country left corruption people stay in the position and get wealth.
Recently Malaysia political tsunami, have prove that most of the citizen is out of the comfort zone. They feel not secure for their securities, their rights, and their income. All this begins from the corruption. Anyway, most of the wealth is in the person who apply corruption all the way, they will sure do lot of things just to retain their position, protect their money, stand on their pride. There are too many and deep. Everyone scare get caught and punish. They want their power and authority to safe themselves. This may rise lot of bleeding fight, money transfer out of country, scarify lot of life, running out of resources. A country or company ruin by a corruption.
Healthy economy means compete each other for deal by quality and performance. Let the supply and demand move freely. Everyone have the same right and opportunity.
Thursday, September 4, 2008
Labours
Malaysia is a good place. It is out of the main natural disaster region and full of resources. Around Malaysia, lot of foreign legal and illegal migrant migrate to this place and work. What they want is to earn some living since their country is very poor. There are lot of people from Indonesia, Philippine, Bangladesh, Pakistan, Thailand, Vietnam, Myanmar, India, and China. Malaysia citizen also do migrate and go to Singapore working because of the better living and return. These people from different country come to Malaysia and substitute the cheap labour in agriculture, manufacturing, and mining. Anyway, Malaysia is governed by Malay from Indonesia, Chinese from China, and Indian from India. Just that after the independent from the conquering by the Great Britain, these 3 races becomes Malaysian in this place.
The development of Malaysia goes very fast and emerging since it has lot of natural resources such as tin, gold, petroleum, fishes, trees, stone, herbs, land and water. The land and good whether is suitable for lot of the agriculture activities such as coco, rubber, rice, vegetables, flowers, palm oil and so on. Therefore, Malaysia is once leading in coco, tin, lumber, rubber, palm oil, and good quality petroleum before. This brings the Malaysian lot of wealth and development.
The time Malaysian get wealthier, other country people migrate to Malaysia for better hope. Malaysian takes this opportunity to hire foreign worker. It is because it is cheap and a lot. Sooner or later, almost none of Malaysian work as a labour. No matter high education or low education Malaysian will be avoid to be a labour. All the labour consists of a foreigner, legal or illegal.
When times go by, resources will deplete, other country will improve. These foreign labours will have better choices in their own country, they starts to move back to their country with their earning in Malaysia. Do you agree that Malaysia will be paralyzing the economy and development due to this problem? Imagine that no person work in farm, construction site, house maid, factory worker, cleaner and so on. Does it sound like a death place?
Lot of money is moving out of Malaysia with the migrants, since other country improving. They go back their country. It also means investors and sales go to other country rather than Malaysia, that’s why other country economy is rising. From the resources deplete, paralyze labour work force, money moving out, and business change location, Malaysia will be in a very crucial and special situation.
Besides, corruption will also draw out the money to other country due to the reason it cannot be use in same country. It worsens the condition and hit heavily to the economy and development.
The only way to retain labour is higher pay. Since inflation, low profit, lot of business cannot afford to hire labour for their activities. It is a time to observe what will it happen next.
Silent Indicator
Thursday, July 3, 2008
2008.07.03 BURSA Announcement!
Some of the people says is due to the record crude oil price at USD144. It may hit the market, but other regional market didn't has huge impact.
Some suspect BURSA system infected by virus or internal problem.