Investing & Trading
Navinder Singh Sarao was a 36-year-old British futures trader, just like any other traders trying to make money. But the Brunel University graduate is now spending his weekend in British jail after failing to up his £5 million (US$7.6 million, RM27.1 million) bail bond. He was arrested this week at the modest suburban semi in […]
... written on Apr 26 2015Low-profile tycoon Syed Mokhtar Al-Bukhary, the man closely tied to Malaysia dominant political party UMNO, and one of many cronies aligned to influential former prime minister Mahathir Mohamad, is offering about 1.5 billion shares in Malakoff Corp, a subsidiary of MMC Corp, in exchange for RM1.80 a share. If fully subscribed, the 1,521,740,000 IPO shares […]
... written on Apr 22 2015He co-founded PayPal and sold it to eBay for a cool US$180 million profit. He could have retired rich and young (he was 32 then) but he needs to save the world. Elon Musk, the boss and architect of SpaceX, Telsa Motors and SolarCity is often compared to Tony Stark, the genius engineer played by […]
... written on Mar 31 2015Federal Reserve Chair Janet Yellen should just resign and let others take over the position. It seems she couldn’t stomach the pressure that comes with one of the most powerful jobs in the world. Is she an equally great liar and a lame duck, just like empty vessel President Obama, who nominated her? Otherwise how […]
... written on Mar 19 2015Starbucks is a US$70 billion company. Its currect stock price is at historical high. Starbucks has reported record revenues of US$16.4 billion (11% growth) in financial year 2014. The company also invested a staggering US$233 million in healthcare benefits and US$210 million in Bean Stock for the same financial year. However, Howard Schultz, chairman and […]
... written on Mar 19 2015What do Facebook, Google, Microsoft, LinkedIn, Yahoo and Twitter have in common? They’re all technology companies, of course. In fact, they’re the most successful companies in the Silicon Valley. But what do Mark Zuckerberg, Bill Gates, Sergey Brin, Larry Page, Jerry Yang have in common? Well, they’re either white or Asian? Like it or not, […]
... written on Mar 18 2015When you were told to get ready for US$30 a barrel of oil price 4-months ago (December 2014), you probably had freaked out. By last month, however, you might have had laughed off the idea, since the crude oil (WTI) rallied from roughly US$44 to US$54 a barrel. Today, you may kick yourself, if you […]
... written on Mar 16 20151MDB financial scandal has accumulated a mind-boggling RM42 billion in debt. This easily qualifies it as the biggest scandal in the history of Malaysia. But why kill the goose that lays the golden egg – asked Federal Territories Minister Tengku Adnan, who happens to be one of prime minister Najib Razak’s bootlickers. If RM42 billions […]
... written on Mar 08 2015Warren Buffett’s 50th letter to Berkshire Hathaway shareholders has just been released. Despite being a non-dividend stock, thousands of Berkshire shareholders look forward to the company’s annual letter, as if it’s the last love letter before a worldwide apocalypse. Buffett is a non-believer in paying dividend to shareholders, argues that reinvestment is a better use of […]
... written on Mar 04 2015Karpal Singh dies aged 74, while Nik Aziz dies at 84. Lee Kuan Yew is now 91-years-old but he’s very ill, and if one cares to look at a photo dated April 2014 between him and Sultan of Brunei, one cannot help but to express concern about a very thin Singapore’s first prime minister. It […]
... written on Feb 26 2015
