Saturday, July 21, 2012

Top 10 College Dropouts In the World

1. Bill Gates

Top Ten College Dropouts


3. Frank Lloyd Wright

4. Buckminster Fuller

5. James Cameron


7. Tom Hanks

8. Harrison Ford

9. Lady Gaga

10. Tiger Woods

So, what does you think , is it our education system is a failure? 


Friday, July 20, 2012

Selamat Berpuasa

                          We wish our Muslim friends Selamat Berpuasa.  

Sunday, July 15, 2012

Defensive stocks top pick by UOB Kay Hian 2012

KUALA LUMPUR: UOB Kay Hian Malaysia Research expects defensive sectors to modestly outperform the market as they did in the first half of 2012 (H1, 2012), amid a low interest rate environment and the global economic slowdown.
It said on Monday this would suggest investors would still pay premiums for defensive and high dividend yielding stocks.
"We advocate a highly defensive strategy and Overweight defensive sectors like gaming (specifically number forecasting operators (NFO)), telecommunications, plantation and consumer (tactical)," it said in its strategy report.
UOB Kay Hian Research said among these, gaming is the most attractive, trading in line with their historical mean price-to-earnings (PE) multiples, whereas capital gains upside for the consumer and telecommunications sectors are limited by their above-historical mean PE multiples.
"Our favourite yield plays that are expected to sustain dividend yields of around 6% or higher in 2013 are BUY-rated MaxisBerjaya Sports Toto,DiGi.Com (DiGi) and Multi-Purpose Holdings (MPHB), as well HOLD-rated Guinness Anchor," it said.
The research house said however, there could be potential profit taking on historical yield plays with exceptionally low yields.
UOB Kay Hian Research said it does not think that yield plays can sustain net yields of below 5%, unless they offer strong earnings growth prospects post-2013. These include KLCC Properties (HOLD), whose net yield is expected to be around just 4.5-4.8% even after it REITs its property assets. This is unattractive vs 10-year government bonds yields of around 3.5%.
It also noted that UMW Holdings (Hold) could be vulnerable to profit taking as it provides a 2013 net yield of only 4.1% (4.9% even under an optimistic scenario), versus its historically net yield range of 3.7%-6.6%.

Source: Star Online, 16 July 2012

Friday, July 13, 2012

RM20 note to make comeback on Monday


KUALA LUMPUR: The RM20 note has returned along with a new series of safety-improved banknotes that will be circulated from Monday.
The RM20 denomination was introduced in 1982 but discontinued in 1995.
In a statement here, Bank Negara said it would be re-introduced and circulated together with the denominations of RM1, RM5, RM10 and RM100.
The existing notes of these denominations remain legal tender and will continue to be circulated.
The current RM50 banknote, issued in December 2007, remains in circulation.
The central bank said the new series use the latest technology to enhance security features, including shadow image, clear window, watermark portraits with pixel and highlighted numerals.
The other features are colour shifting security thread, micro lens thread, perfect see-through register and coloured glossy patch.
The notes will also have tactile identification to help the visually impaired to identify and distinguish the different denominations.
A polymer substrate is used for the new RM1 and RM5 banknotes.
Themed Distinctively Malaysia, the latest banknotes series draws its inspiration from the country's diverse culture, heritage and nature.
Bank Negara advised all relevant parties to expedite their machine calibration to accept the new banknotes.
For more information on the new banknotes, visit the central bank's website at

Wednesday, July 11, 2012

2 in 5 Malaysians use credit card for payment

Two in five (39 per cent) Malaysian online consumers use credit cards as a common payment method for dining, shopping and entertainment activities. 

At the same time, 92 per cent and 35 per cent use cash and debit cards respectively according to a new study from Nielsen. Nielsen is a leading global provider of information and insights into what consumers watch and buy.

The Nielsen Global Survey of Investment Attitudes surveyed more than 28,000 Internet respondents in 56 countries. The survey also showed almost two out of five Malaysian consumers are investing their money via various channels.

According of those investing, two-thirds (67 per cent) prefer mutual fund/unit trust, about half (49 per cent) prefer stocks, 27 per cent invest in gold, silver and other precious metals, one-fourth in structured investment products, 15 per cent in foreign currencies, 10 per cent in bonds and eight per cent in derivatives. 

Malaysians are generally on the list of the top ten savers in the world according to the Survey. "Knowing consumers' attitudes towards wealth management while creating relevant opportunities to engage with consumers and manage their needs, is still a challenging task for financial planners and investment institutions, especially when four in ten consumers do not trust others when making financial decisions," said Head of Customised Research, Nielsen Malaysia, Luca Griseri in a statement today. 

When measuring the perception on risk taking, 24 per cent of investing consumers said they are concerned about any volatility. One-fourth of investors consider themselves conservative investors, but can accept some minor fluctuation in their portfolio value. 

Moderate investors who can accept potential for higher returns make up another 21 per cent, followed by those who aim for long-term capital appreciation (20 per cent). 

Ten per cent indicate that they are higher risk takers who seek for highest possible returns. "With the global economic circumstances remaining uncertain, risk taking is another important consideration in closing the gap with personal investors," said Griseri. 

"Overall, there emerges a sense that Malaysian consumers tend to err on the side of caution, which is perhaps not surprising in view of the negative economic outlook worldwide," he added. 

The Nielsen survey is based on the behavior of respondents with online access only. -- Bernama