股項 代號 高 低 支持 阻力 開 閉 14日平均價
1.楊忠禮置地（YTLLAND） 2577 1.18 0.88 0.915 1.02 0.93 0.925 0.92
基本因素好，技術圖顯示可能是另一個小漲潮的開始。
2.森那美（SIME） 4197 9.24 7.47 7.48 8.31 7.78 8.10 7.75
該公司第4季雖不出所料做出龐大撥備，惟分析員一致預測“暴風雨已過”，潛在撥備風險已降低，加上重組進度如火如荼與其他核心業務強勢輔助，料2011財政年可迎接彩虹。
3.UEM置地（UEMLAND） 5148 1.82 1.21 1.57 1.74 1.66 1.64 1.66
歸功於高營業額，以及脫售一觸即通（Touch N Go）20%股權獲2560萬令吉賺益，帶動UEM置地截至2010年6月30日止首半年，凈利急增409.35%至4348萬8000令吉。
4.錦記鋼鐵（KINSTEL） 5060 1.18 0.77 0.77 1.18 0.875 0.865 0.85
在鋼鐵價格與鋼鐵需求走高下，錦記鋼鐵截至2010年6月30日次季轉虧為盈，凈利達817萬7000令吉，前期為凈虧損787萬8000令吉。
5.勇達集團（ENGTEX） 5056 1.21 0.88 0.93 1.21 0.95 1.00 0.97
2009年第二季業績季比回升，原因是國際及國內市場出現復蘇跡象。
Tuesday, August 31, 2010
Tuesday, August 24, 2010
Why is there a lack of interest in the market?
Wednesday August 25, 2010
Why is there a lack of interest in the market?
Personal Investing - By Ooi Kok Hwa
THE FTSE Bursa Malaysia KL Composite Index (FBM KLCI) finally touched 1400-level again. Despite high index level, the overall daily traded volume remained low at about 700 million-800 million. We believe, except for certain fund managers and day traders, not many retail investors were excited about the market. In this article, we will look into the reasons why investors are not investing at the moment.
We believe one of the main reasons is that many investors are still quite worried about the global economic recovery. Given that a lot of newspaper articles, media as well as some investment gurus have been saying that the global economy still has the possibility to have “double dips” or slip into recession again. Nevertheless, at this point in time, we believe nobody will know for sure whether the economy will enter into recession.
However, we notice that the current high FBM KLCI level was mainly driven by high stock prices of some key blue-chip stocks or fund favourite stocks. Investors need to understand that even though the FBM KLCI is surging to reach the recent 2008 peak of 1500-level again, there are still plenty of stocks selling at very cheap valuation.
A lot of second- and third-liners are still selling at 2008-09 low but with good values, i.e. price/earnings ratio of about six times, dividend yield of above 5% as well as selling below the owners’ costs (or selling below net tangible asset).
Despite the cheap valuation for lower liner stocks, not many investors are aware of their values. For those who may be aware of the values, not many are willing to inject fresh money into the stock market. One of the main reasons is many may still be holding poor quality stocks and these stocks are selling at 2008-09 low.
Given that they are not willing to cut their losses and worried about losing more money in the stock market, they prefer to stay sidelined while waiting for their existing poor quality stocks to recover one day.
In behavioral finance, we name this phenomenon as “snake-bite” effect.
Unfortunately, in most instances, the moment the prices of these poor quality stocks start to recover, this may indicate the end of the recent market rally because most fund managers, company owners and experienced traders will take the opportunity to liquidate their holdings to these retail investors.
Apart from the above reasons, some investors are quite worried over corporate governance issues in some Malaysian listed companies.
Incidents, like some companies being abandoned by their key owners, companies defaulting on their loan repayments, increasing number of companies being classified under Practice Note 17 and later failed to regularise their companies, are affecting the overall market sentiment. As a result, retail investors are quite careful in investing in new companies lately.
Except for Malaysia and a few other countries in the emerging market, the stock market performance of most overseas markets was weak since April this year.
Retail investors were quite concerned over the financial crisis in some European countries, the weak euro currency, weak US economic indicators as well as asset bubble in China. As a result, the retail participation in these markets, including Malaysia, was quite low. Hence, the current low buying interest from our retail investors is in line with the overall global market phenomenon. The buying interest will only come back when the global stock market starts to show signs of recovery again.
Another reason why investors are not buying stocks is that most retail investors have invested quite a big sum of money in unit trust funds. Even though they still have some savings to invest directly in the market, they prefer to keep those excess savings in fixed deposits rather than to buy stocks directly.
This phenomenon also happens in most developed countries where investors prefer to put money in unit trust funds rather than investing in the stock market. As a result, the fund size managed by unit trust companies grows faster every year.
Hence, we notice that the stock prices for fund managers’ favourite stocks or stocks covered by research analysts are surging to new high whereas the performance of the neglected firms remain low.
Unless investors are holding those fund favourite stocks, they will complain that they have not benefited from the recent market rally.
As mentioned earlier, we still have a lot of second or third liner stocks with strong fundamentals that are selling at cheap valuations. Investors are encouraged to do their own research to discover those companies.
● Ooi Kok Hwa is an investment adviser and managing partner of MRR Consulting.
Why is there a lack of interest in the market?
Personal Investing - By Ooi Kok Hwa
THE FTSE Bursa Malaysia KL Composite Index (FBM KLCI) finally touched 1400-level again. Despite high index level, the overall daily traded volume remained low at about 700 million-800 million. We believe, except for certain fund managers and day traders, not many retail investors were excited about the market. In this article, we will look into the reasons why investors are not investing at the moment.
We believe one of the main reasons is that many investors are still quite worried about the global economic recovery. Given that a lot of newspaper articles, media as well as some investment gurus have been saying that the global economy still has the possibility to have “double dips” or slip into recession again. Nevertheless, at this point in time, we believe nobody will know for sure whether the economy will enter into recession.
However, we notice that the current high FBM KLCI level was mainly driven by high stock prices of some key blue-chip stocks or fund favourite stocks. Investors need to understand that even though the FBM KLCI is surging to reach the recent 2008 peak of 1500-level again, there are still plenty of stocks selling at very cheap valuation.
A lot of second- and third-liners are still selling at 2008-09 low but with good values, i.e. price/earnings ratio of about six times, dividend yield of above 5% as well as selling below the owners’ costs (or selling below net tangible asset).
Despite the cheap valuation for lower liner stocks, not many investors are aware of their values. For those who may be aware of the values, not many are willing to inject fresh money into the stock market. One of the main reasons is many may still be holding poor quality stocks and these stocks are selling at 2008-09 low.
Given that they are not willing to cut their losses and worried about losing more money in the stock market, they prefer to stay sidelined while waiting for their existing poor quality stocks to recover one day.
In behavioral finance, we name this phenomenon as “snake-bite” effect.
Unfortunately, in most instances, the moment the prices of these poor quality stocks start to recover, this may indicate the end of the recent market rally because most fund managers, company owners and experienced traders will take the opportunity to liquidate their holdings to these retail investors.
Apart from the above reasons, some investors are quite worried over corporate governance issues in some Malaysian listed companies.
Incidents, like some companies being abandoned by their key owners, companies defaulting on their loan repayments, increasing number of companies being classified under Practice Note 17 and later failed to regularise their companies, are affecting the overall market sentiment. As a result, retail investors are quite careful in investing in new companies lately.
Except for Malaysia and a few other countries in the emerging market, the stock market performance of most overseas markets was weak since April this year.
Retail investors were quite concerned over the financial crisis in some European countries, the weak euro currency, weak US economic indicators as well as asset bubble in China. As a result, the retail participation in these markets, including Malaysia, was quite low. Hence, the current low buying interest from our retail investors is in line with the overall global market phenomenon. The buying interest will only come back when the global stock market starts to show signs of recovery again.
Another reason why investors are not buying stocks is that most retail investors have invested quite a big sum of money in unit trust funds. Even though they still have some savings to invest directly in the market, they prefer to keep those excess savings in fixed deposits rather than to buy stocks directly.
This phenomenon also happens in most developed countries where investors prefer to put money in unit trust funds rather than investing in the stock market. As a result, the fund size managed by unit trust companies grows faster every year.
Hence, we notice that the stock prices for fund managers’ favourite stocks or stocks covered by research analysts are surging to new high whereas the performance of the neglected firms remain low.
Unless investors are holding those fund favourite stocks, they will complain that they have not benefited from the recent market rally.
As mentioned earlier, we still have a lot of second or third liner stocks with strong fundamentals that are selling at cheap valuations. Investors are encouraged to do their own research to discover those companies.
● Ooi Kok Hwa is an investment adviser and managing partner of MRR Consulting.
Monday, August 23, 2010
stock to watch from Aug 23 to Aug 27
本週龍5榜
股項 代號 高 低 支持 阻力 開 閉 14日平均價
1.陳唱摩多（TCHONG） 4405 5.25 1.83 1.83 5.25 5.10 5.06 4.77
馬幣走強，加上本地化使汽車定價更具彈性，陳唱摩多截至2010年6月30日，第二季凈利揚升84.04%至6365萬5000令吉，促使上半年凈利按年增長68.48%至1億2832萬8000令吉。
2.實康（SALCON） 8567 0.805 0.49 0.49 0.805 0.70 0.72 0.68
該公司第二季業績雖然低於預測，但，建築業估計在下半年將帶來更高的貢獻，目標價格77仙。
3.匯華產業（HUNZPTY） 5018 1.85 1.16 1.16 1.85 1.40 1.40 1.29
由於Alila 2公寓將比預期早推出市場，加上Gurney Paragon購物中心的租金收入，股市分析員上修此股2012財年的凈利預測至3430萬令吉，增幅為16%。
4.頂級手套（TOPGLOV） 7113 14.54 5.98 5.98 14.54 6.08 6.05 7.53
該公司計劃在大馬設立3間新廠房，以及在大馬與泰國的現有廠房增設88條生產線，以在2011年5月份將按年產量提升25%，至412億5000萬隻。
5.華陽（HUAYANG） 5062 1.25 0.65 0.65 1.25 1.21 1.21 1.14
該公司計劃在未來3至5年內進軍中高檔房地產市場。
股項 代號 高 低 支持 阻力 開 閉 14日平均價
1.陳唱摩多（TCHONG） 4405 5.25 1.83 1.83 5.25 5.10 5.06 4.77
馬幣走強，加上本地化使汽車定價更具彈性，陳唱摩多截至2010年6月30日，第二季凈利揚升84.04%至6365萬5000令吉，促使上半年凈利按年增長68.48%至1億2832萬8000令吉。
2.實康（SALCON） 8567 0.805 0.49 0.49 0.805 0.70 0.72 0.68
該公司第二季業績雖然低於預測，但，建築業估計在下半年將帶來更高的貢獻，目標價格77仙。
3.匯華產業（HUNZPTY） 5018 1.85 1.16 1.16 1.85 1.40 1.40 1.29
由於Alila 2公寓將比預期早推出市場，加上Gurney Paragon購物中心的租金收入，股市分析員上修此股2012財年的凈利預測至3430萬令吉，增幅為16%。
4.頂級手套（TOPGLOV） 7113 14.54 5.98 5.98 14.54 6.08 6.05 7.53
該公司計劃在大馬設立3間新廠房，以及在大馬與泰國的現有廠房增設88條生產線，以在2011年5月份將按年產量提升25%，至412億5000萬隻。
5.華陽（HUAYANG） 5062 1.25 0.65 0.65 1.25 1.21 1.21 1.14
該公司計劃在未來3至5年內進軍中高檔房地產市場。
Wednesday, August 18, 2010
Stock to watch from Aug 16 to 20
股項 代號 高 低 支持 阻力 開 閉 14日平均價
1.頂峰（SINOTOP） 8532 1.68 0.15 0.15 0.20 0.17 0.16 0.217
後門上市中國公司，成長前景良好。
2.華運（MSPORTS） 5150 0.89 0.385 0.385 0.89 0.545 0.54 0.45
華運本益比3倍，理論上，買入此股3年回本。
3.喜得狠控股（XDL） 5156 0.765 0325 0.325 0.765 0.48 0.49 0.43
喜得狼控股的PE，即本益比只有2.79倍。
4.星泉國際（XINQUAN） 5155 1.86 1.05 1.05 1.91 1.85 1.85 1.66
星泉國際的本益比只有4.3倍。
5.莫實得重工（BHIC） 8133 5.35 3.60 3.60 5.35 4.59 4.82 4.37
此公司獲大馬政府頒發約13億令吉合約，主要負責提供兩艘大馬皇家海軍首相級魚潛艘支援服務。
1.頂峰（SINOTOP） 8532 1.68 0.15 0.15 0.20 0.17 0.16 0.217
後門上市中國公司，成長前景良好。
2.華運（MSPORTS） 5150 0.89 0.385 0.385 0.89 0.545 0.54 0.45
華運本益比3倍，理論上，買入此股3年回本。
3.喜得狠控股（XDL） 5156 0.765 0325 0.325 0.765 0.48 0.49 0.43
喜得狼控股的PE，即本益比只有2.79倍。
4.星泉國際（XINQUAN） 5155 1.86 1.05 1.05 1.91 1.85 1.85 1.66
星泉國際的本益比只有4.3倍。
5.莫實得重工（BHIC） 8133 5.35 3.60 3.60 5.35 4.59 4.82 4.37
此公司獲大馬政府頒發約13億令吉合約，主要負責提供兩艘大馬皇家海軍首相級魚潛艘支援服務。
Tuesday, August 10, 2010
恆康資源驚爆淪為PN17 馬股企業揭露不足再拉警報
恆康資源驚爆淪為PN17
馬股企業揭露不足再拉警報
報導：李玉萍
更新: August 10, 2010 17:48
（吉隆坡10日訊）馬股上市公司狀況不斷，恆康資源（BASWELL，7156，主要板貿易）毫無預警下驚爆淪為PN17公司，導致股價直線下挫至9個月新低，企業揭露不足再拉警報！
立港工業（KENMARK，7030，主要板消費）醜聞末了，如今再有恆康資源因不堪虧損，9日起終止作為營業額主要來源的家具製造業務，陷入PN17公司的行列，兩家子公司違約付款逾280萬6075令吉。
市場人士認為，讓小股東或投資者感到震驚的是，恆康資源管理層從未預警或暗示，家具製造業務將會突然“喊停”的可能性。
事前未有預警
特別是該公司報備透露，截至去年9月尾財年錄得2056萬6000令吉營業額，家具製造業務貢獻57%或1172萬2620令吉；截至今年3月尾次季的285萬8000令吉營業額，家具製造業務佔53%或151萬4740令吉。
隨著主要財源遭砍，早從截至05年9月尾財年開始虧損累累的恆康資源，讓市場擔心究竟還能如何轉虧為盈。
但禍不單行的是，由于付款和盈利賺幅兩大條款無法談攏，該公司今年1月20日與香港Metroplex資源（Metroplex Resources）簽署的諒解備忘錄告吹。
但該公司早前5月26日報備備忘錄最新發展時，卻絲毫未說明任何風險或條款談不攏，導致可能失去1億美元（約3億1445萬令吉）建設合約的可能性。
欠款缺資金
洽商注入新資產
除了兩家子公司Baswood工業和Aimwood工業違約付款逾280萬6075令吉，恆康資源目前的貸款總額達1066萬6129令吉，約29萬9689令吉款額逾期未還！
恆康資源指出，由于缺乏資金，兩家子公司無力償還欠款，目前與一些單位洽商，注入資產至公司。
根據馬證交所報備文件，上述兩家子公司拖欠馬銀行（MAYBANK，1155，主要板金融）約280萬6076令吉。
Aimwood工業欠債203萬7856令吉，其中88萬5963令吉是定期貸款（term loan），另115萬1893令吉是銀行承兌匯票（banker’s acceptance）。
Baswood工業欠下的76萬8220令吉，則是透支（overdraft）銀行承兌匯票。
恆康資源報備說，截至8月9日，貸款總額高達1066萬6129令吉。
兩家子公司的逾期欠款總計29萬9689令吉，未償還的融資便利余額超過786萬令吉。
寫9個月新低
股價全日跌4仙
面對突如其來的連串壞消息，投資者迫不及待拋售，使恆康資源今早10時恢復交易時，即大跌5仙或26%，以14仙開市，為去年11月12日以來的9個月新低水平。
投資者急售使恆康資源成交量迅速擴大，晉升十大熱門股之一，休市掛15仙，跌4仙，計有622萬5100股易手。
閉市時，恆康資源報15仙，跌4仙，成交量達736萬8300股。
馬股企業揭露不足再拉警報
報導：李玉萍
更新: August 10, 2010 17:48
（吉隆坡10日訊）馬股上市公司狀況不斷，恆康資源（BASWELL，7156，主要板貿易）毫無預警下驚爆淪為PN17公司，導致股價直線下挫至9個月新低，企業揭露不足再拉警報！
立港工業（KENMARK，7030，主要板消費）醜聞末了，如今再有恆康資源因不堪虧損，9日起終止作為營業額主要來源的家具製造業務，陷入PN17公司的行列，兩家子公司違約付款逾280萬6075令吉。
市場人士認為，讓小股東或投資者感到震驚的是，恆康資源管理層從未預警或暗示，家具製造業務將會突然“喊停”的可能性。
事前未有預警
特別是該公司報備透露，截至去年9月尾財年錄得2056萬6000令吉營業額，家具製造業務貢獻57%或1172萬2620令吉；截至今年3月尾次季的285萬8000令吉營業額，家具製造業務佔53%或151萬4740令吉。
隨著主要財源遭砍，早從截至05年9月尾財年開始虧損累累的恆康資源，讓市場擔心究竟還能如何轉虧為盈。
但禍不單行的是，由于付款和盈利賺幅兩大條款無法談攏，該公司今年1月20日與香港Metroplex資源（Metroplex Resources）簽署的諒解備忘錄告吹。
但該公司早前5月26日報備備忘錄最新發展時，卻絲毫未說明任何風險或條款談不攏，導致可能失去1億美元（約3億1445萬令吉）建設合約的可能性。
欠款缺資金
洽商注入新資產
除了兩家子公司Baswood工業和Aimwood工業違約付款逾280萬6075令吉，恆康資源目前的貸款總額達1066萬6129令吉，約29萬9689令吉款額逾期未還！
恆康資源指出，由于缺乏資金，兩家子公司無力償還欠款，目前與一些單位洽商，注入資產至公司。
根據馬證交所報備文件，上述兩家子公司拖欠馬銀行（MAYBANK，1155，主要板金融）約280萬6076令吉。
Aimwood工業欠債203萬7856令吉，其中88萬5963令吉是定期貸款（term loan），另115萬1893令吉是銀行承兌匯票（banker’s acceptance）。
Baswood工業欠下的76萬8220令吉，則是透支（overdraft）銀行承兌匯票。
恆康資源報備說，截至8月9日，貸款總額高達1066萬6129令吉。
兩家子公司的逾期欠款總計29萬9689令吉，未償還的融資便利余額超過786萬令吉。
寫9個月新低
股價全日跌4仙
面對突如其來的連串壞消息，投資者迫不及待拋售，使恆康資源今早10時恢復交易時，即大跌5仙或26%，以14仙開市，為去年11月12日以來的9個月新低水平。
投資者急售使恆康資源成交量迅速擴大，晉升十大熱門股之一，休市掛15仙，跌4仙，計有622萬5100股易手。
閉市時，恆康資源報15仙，跌4仙，成交量達736萬8300股。
Monday, August 2, 2010
Jho Low, love him or hate him
ON THE BEAT WITH WONG CHUN WAI
Sunday August 1, 2010
Malaysians, and the world, will continue to hear about Low Taek Jho if his present flamboyant lifestyle continues.
LET’S admit it – a lot of us would like to be in the shoes of businessman Jho Low. He is flush with cash, parties with Hollywood celebrities and rubs shoulders with the most influential and powerful.
You either love or loathe the 28-year-old businessman who has been dubbed the international mystery man by the world media for his parties with Paris Hilton and Megan Fox and his penchant for expensive champagne.
I had the opportunity to meet this chubby Penangite last week at his office in one of the top floors of Petronas Twin Towers.
He was more interested in talking about how he made his money, mostly in the Middle East, and his friendship with Arab princes who studied with him at Harrow, an English boarding school that has produced seven prime ministers, and the Wharton School of Business at the University of Pennsylvania.
I was more interested in asking him about his exploits, if the word is appropriate, with Paris Hilton and his Hollywood friends.
It was obvious that Low Taek Jho wanted to clear the many media stories, mostly fabricated, that had been reported about him.
He tried to play down the hefty bills for his champagne, his parties and the limousines at his New York apartment, which he said he shares with 11 others.
But I couldn’t help feeling that Low wanted to say that as a single, young man who has made millions, he has the right to be a party animal.
Never mind if he is using his own money – or that of his Arab friends. His lifestyle may be seen as excessive and a waste by others in conservative Malaysia.
Low, who described himself as a businessman and entrepreneur, makes his money by making money for his clients. That’s what people who handle funds do, and he has a portfolio of rich clients.
He puts deals together for businessmen and even governments, using his extensive networking and mostly friendships from his school and university days.
No one can dispute his link with powerful Arab figures like Yousef Al Otaiba, who is currently the ambassador for the UAE to the United States and Mexico.
He talked about certain Hollywood celebrities as if they are his drinking buddies, which they are.
When asked if he had invited Mick Jagger, the Rolling Stones legend, to watch the World Cup in South Africa, his reply was: “I didn’t. I invited Leonardo (Dicaprio) who in turn invited Mick Jagger.”
Are actor Daniel Craig, who plays James Bond, and multi-millionaire rapper Sean “P. Diddy” Combs his neighbours at his apartments?
His reply was: “I don’t know but I have been inside the lift with Sean Combs.”
He denied having any romantic links with Paris Hilton nor any interest in her sister Nicole, saying he was a family friend of the Hiltons and that he handled their investment portfolio.
Low talked of bringing his Hollywood friends to visit Malaysia to promote the country, saying these people had millions of followers on their Twitter.
“Can you imagine the impact they can create for tourism when they promote Malaysia on their Tweets with their millions of followers?”
That would certainly be cheaper than placing advertisements on billboards and in the media, particularly when the international media would also follow these celebrities here.
An advocate of the Blue Ocean Strategy, he has put that on his status message of his Blackberry.
He also sees West Asia and China as massive markets.
Low sees himself as a loyal Malaysian who wants to bring Arab investors to his country, including to Johor’s Iskandar Development project.
But he has also invited criticism with his new-found fame.
His detractors have questioned his credibility and integrity and there are unflattering comments about how he conducts himself and his business deals.
Some have said he is hardly the brilliant financial strategist he has made himself out to be, brushing him off as merely a good salesman. They were outraged by the media prominence accorded to him, including by this newspaper.
But many of these critics have also admitted that they do not know him personally but picked up the negative remarks from friends or friends of friends or the blogs.
His friends, including some powerful figures, say he does not need to open himself to these criticisms as he could choose to stay away. After all, New York and Abu Dhabi are his two working bases.
Malaysians, and the world, will continue to hear about him if his present flamboyant lifestyle continues. He will make good copy for the media.
Hate him or love him, he has attracted attention. This writer has received endless telephone calls from media and business people who want to know him personally, and they include those who hate his guts.
Sunday August 1, 2010
Malaysians, and the world, will continue to hear about Low Taek Jho if his present flamboyant lifestyle continues.
LET’S admit it – a lot of us would like to be in the shoes of businessman Jho Low. He is flush with cash, parties with Hollywood celebrities and rubs shoulders with the most influential and powerful.
You either love or loathe the 28-year-old businessman who has been dubbed the international mystery man by the world media for his parties with Paris Hilton and Megan Fox and his penchant for expensive champagne.
I had the opportunity to meet this chubby Penangite last week at his office in one of the top floors of Petronas Twin Towers.
He was more interested in talking about how he made his money, mostly in the Middle East, and his friendship with Arab princes who studied with him at Harrow, an English boarding school that has produced seven prime ministers, and the Wharton School of Business at the University of Pennsylvania.
I was more interested in asking him about his exploits, if the word is appropriate, with Paris Hilton and his Hollywood friends.
It was obvious that Low Taek Jho wanted to clear the many media stories, mostly fabricated, that had been reported about him.
He tried to play down the hefty bills for his champagne, his parties and the limousines at his New York apartment, which he said he shares with 11 others.
But I couldn’t help feeling that Low wanted to say that as a single, young man who has made millions, he has the right to be a party animal.
Never mind if he is using his own money – or that of his Arab friends. His lifestyle may be seen as excessive and a waste by others in conservative Malaysia.
Low, who described himself as a businessman and entrepreneur, makes his money by making money for his clients. That’s what people who handle funds do, and he has a portfolio of rich clients.
He puts deals together for businessmen and even governments, using his extensive networking and mostly friendships from his school and university days.
No one can dispute his link with powerful Arab figures like Yousef Al Otaiba, who is currently the ambassador for the UAE to the United States and Mexico.
He talked about certain Hollywood celebrities as if they are his drinking buddies, which they are.
When asked if he had invited Mick Jagger, the Rolling Stones legend, to watch the World Cup in South Africa, his reply was: “I didn’t. I invited Leonardo (Dicaprio) who in turn invited Mick Jagger.”
Are actor Daniel Craig, who plays James Bond, and multi-millionaire rapper Sean “P. Diddy” Combs his neighbours at his apartments?
His reply was: “I don’t know but I have been inside the lift with Sean Combs.”
He denied having any romantic links with Paris Hilton nor any interest in her sister Nicole, saying he was a family friend of the Hiltons and that he handled their investment portfolio.
Low talked of bringing his Hollywood friends to visit Malaysia to promote the country, saying these people had millions of followers on their Twitter.
“Can you imagine the impact they can create for tourism when they promote Malaysia on their Tweets with their millions of followers?”
That would certainly be cheaper than placing advertisements on billboards and in the media, particularly when the international media would also follow these celebrities here.
An advocate of the Blue Ocean Strategy, he has put that on his status message of his Blackberry.
He also sees West Asia and China as massive markets.
Low sees himself as a loyal Malaysian who wants to bring Arab investors to his country, including to Johor’s Iskandar Development project.
But he has also invited criticism with his new-found fame.
His detractors have questioned his credibility and integrity and there are unflattering comments about how he conducts himself and his business deals.
Some have said he is hardly the brilliant financial strategist he has made himself out to be, brushing him off as merely a good salesman. They were outraged by the media prominence accorded to him, including by this newspaper.
But many of these critics have also admitted that they do not know him personally but picked up the negative remarks from friends or friends of friends or the blogs.
His friends, including some powerful figures, say he does not need to open himself to these criticisms as he could choose to stay away. After all, New York and Abu Dhabi are his two working bases.
Malaysians, and the world, will continue to hear about him if his present flamboyant lifestyle continues. He will make good copy for the media.
Hate him or love him, he has attracted attention. This writer has received endless telephone calls from media and business people who want to know him personally, and they include those who hate his guts.
Dr M: Don’t expect much FDI this time
Dr M: Don’t expect much FDI this time
Monday August 2, 2010
KUALA LUMPUR: Malaysia cannot expect much foreign direct investment (FDI) unlike before, said former Prime Minister Tun Dr Mahathir Mohamad.
He said this was because currently, many countries and foreign businessmen did not have the funds to invest in other countries,
Dr Mahathir said at the same time, these countries and foreign businessmen also wanted to invest in their own countries due to the high level of unemployment there.
“So, we cannot expect much foreign direct investment today,” he told reporters when asked to comment on the World Investment Report 2010 by the United Nations Conference on Trade and Develop-ment.
According to the report, the FDI inflow to Malaysia had dropped 81% from RM23.47bil (US$7.381bil) in 2008, to RM4.43bil (US$1.381bil) last year, trailing behind countries like the Philippines, Vietnam, Thailand, Indonesia and Singapore.
In May, International Trade and Industry Minister Datuk Mustapa Mohamed had announ-ced that investments in the country for the first quarter of this year amounted to only RM5.2bil, mainly from Singapore, Taiwan and Japan.
Dr Mahathir was speaking to reporters after marking the fourth anniversary celebrations of his bakery The Loaf at its fourth outlet at the IOI Boulevard in Puchong near here yesterday.
Earlier in his speech, Dr Mahathir, who is also chairman of The Loaf, said the company intended to set up franchises at the right time and would be opening its fifth outlet in Bangsar by the end of the year. — Bernama
Monday August 2, 2010
KUALA LUMPUR: Malaysia cannot expect much foreign direct investment (FDI) unlike before, said former Prime Minister Tun Dr Mahathir Mohamad.
He said this was because currently, many countries and foreign businessmen did not have the funds to invest in other countries,
Dr Mahathir said at the same time, these countries and foreign businessmen also wanted to invest in their own countries due to the high level of unemployment there.
“So, we cannot expect much foreign direct investment today,” he told reporters when asked to comment on the World Investment Report 2010 by the United Nations Conference on Trade and Develop-ment.
According to the report, the FDI inflow to Malaysia had dropped 81% from RM23.47bil (US$7.381bil) in 2008, to RM4.43bil (US$1.381bil) last year, trailing behind countries like the Philippines, Vietnam, Thailand, Indonesia and Singapore.
In May, International Trade and Industry Minister Datuk Mustapa Mohamed had announ-ced that investments in the country for the first quarter of this year amounted to only RM5.2bil, mainly from Singapore, Taiwan and Japan.
Dr Mahathir was speaking to reporters after marking the fourth anniversary celebrations of his bakery The Loaf at its fourth outlet at the IOI Boulevard in Puchong near here yesterday.
Earlier in his speech, Dr Mahathir, who is also chairman of The Loaf, said the company intended to set up franchises at the right time and would be opening its fifth outlet in Bangsar by the end of the year. — Bernama
Stock to watch from Aug 2 to 6
股項 代號 高 低 支持 阻力 開 閉 14日平均價
1.怡保置地（IJMLAND） 5215 2.68 1.54 2.05 2.62 2.25 2.40 2.26
近日有異動，2010財年收入增加64%，主要因產業發展部門的貢獻提高，抵消了酒店業務部門業務量的跌幅，再加上其他營運收入提高，使盈利翻逾1倍。
2.亞洲航空（AIRASIA） 5099 1.57 1.07 1.07 1.55 1.53 1.49 1.42
該公司預期2010財年每股盈利增長12%至22仙，並因2009年的附加股計劃而沖稀。
3.和達工業資源（HPI） 7919 2.00 1.11 1.45 2.00 1.87 1.83 1.75
2010財年業績超越市場預期，全年凈利2280萬令吉，按年增長28.39%，激勵2011財政年凈利調漲58%至2570萬，2012財年達2880萬。
4.史格米工程（SCOMIEN） 7366 1.70 1.00 1.19 1.33 1.25 1.26 1.39
隨著單軌火車的需求有增長的趨勢，該公司除繼續競標印度及其它工程，也將會在巴西、中東等國競標工程。
5.喬治肯特（GKENT） 3204 1.57 0.63 1.17 1.57 1.42 1.39 1.34
該公司向馬交所報備，已與商務伙伴聯洽爭取到一項總值達1億2980萬令吉的工程合約。
1.怡保置地（IJMLAND） 5215 2.68 1.54 2.05 2.62 2.25 2.40 2.26
近日有異動，2010財年收入增加64%，主要因產業發展部門的貢獻提高，抵消了酒店業務部門業務量的跌幅，再加上其他營運收入提高，使盈利翻逾1倍。
2.亞洲航空（AIRASIA） 5099 1.57 1.07 1.07 1.55 1.53 1.49 1.42
該公司預期2010財年每股盈利增長12%至22仙，並因2009年的附加股計劃而沖稀。
3.和達工業資源（HPI） 7919 2.00 1.11 1.45 2.00 1.87 1.83 1.75
2010財年業績超越市場預期，全年凈利2280萬令吉，按年增長28.39%，激勵2011財政年凈利調漲58%至2570萬，2012財年達2880萬。
4.史格米工程（SCOMIEN） 7366 1.70 1.00 1.19 1.33 1.25 1.26 1.39
隨著單軌火車的需求有增長的趨勢，該公司除繼續競標印度及其它工程，也將會在巴西、中東等國競標工程。
5.喬治肯特（GKENT） 3204 1.57 0.63 1.17 1.57 1.42 1.39 1.34
該公司向馬交所報備，已與商務伙伴聯洽爭取到一項總值達1億2980萬令吉的工程合約。
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