The upcoming Parliamentary election footsteps are getting louder, signalling to Malaysians to get ready to perform their honourable duty once in every 5 years.
Pak Lah would not hint to it since election date is very much a strategic play, keeping opposition parties in the haze.
Election date has therefore been traditionally a guesswork. Presently, if you have nothing to tip you off, then just follow Bursa Malaysia's Composite Index for an indicator.
Our share market reacted strongly to election speculation historically. This is commonly refered to as election-driven run in the absence of fundamental forces.
Bursa Malaysia bucked the trend in the past few days, pushing the CI to surpass 1500 points in a speculative drive amid lacklustre performance in most of the world markets.
We noted influx of hot money (short-term speculative funds) as evidenced by strengthening of our Ringgit against greenback. There is plenty of speculative drive in reaction to election druming-up.
The frenzy run calls for cautions for investors who are quick-profit motivated. If you really wish to jump on the bandwagon, then look for counters which are politically conceptual.
I wish you all the best.
Red Eyed Fish, Patin and Empurau
5 months ago
.JPG)
6 comments:
This week has been special with the visit by Tun Dr Mahathir. He said everything is good. Stock is good. This means we have good money. The government better start distributing the earnings to its' citizens. ALL its' citizens and not just some of its' citizens. It hasn't been fair in income distribution. Some people get so much but don't know exactly for what.
Malaysia is now becoming like any of the developing countries. Fast food restaurants. Eat outs. Take aways. Dried food that can be cooked in just a minute. All these takes up money and this has changed a Malaysian's lifestyle. How many people still have three meals a day at home ? Hardly. At least one of these meals is taken outside. One kampua RM 1.70. One drink RM 1.20. That is RM 2.90. Times that by one month. But if you eat at home, you can save more. If you are in a city, you spend more than that. Money for the petrol. Don't forget that too.
There is a need for side income. Insurance. Investments. Stocks. Part time work. This also cause an increase in crime. When people want the easy way out.
Money again.
Sibu is a very special town. Why ? Because it has nothing natural. It is commercial and has many really rich people which the world would not believe. She does not have caves. She does not have beaches. She does not have forest reserve. Every now and then, SMC would make sure certain activities are organised. But these activities do not happen all the time. How many tourists would come when these activities are held and how much revenue does Sibu earn from this scheduled activities ? I think tourists' impression upon Sibu is it is like some hidden unknown African village. Yet Sibu has to compete with better towns like Kuching, Miri and Bintulu. May be Sibu can compete in the area of business. Not sure how but may be the chance is there. It depends on the business people to interpret the meaning of a business tourism town.
Piecemeal activities are not likely to draw in tourists. What we need are planned calendar events promoted through roadshoes.
Sibu should capitalise on CAN (culture, nature and adventure) in developing its tourism industry.
Sibu should wake up to global shortage of crops. In America and Canada, close to 35% of maize is sent to factory for producing ethanol. Can we not plant more maize to fill up the gap? Sibu has plenty of land lying idle.
what do we need maize for? i know u refer to something but i cannot get the drift of what u r trying to say
Bengbeng, do you know why you have to pay more for pork and chicken now? It is simply because the feed has gone up substantially in price due to global shortage in maize. Maize is one chief ingredient of animal feed and its spiralling price has forced up the cost of rearing. The additional cost has been passed on to consumers at large.
This is an era of race for crops between men and vehicles. We have more to face up to.
Kampua RM1.70? Where? Where? Sweet corn was RM2.00 for 6...and now they're RM1.00 each!!! Not that I'm complaining...;if I can no longer afford it, then I just don't eat! It's as simple as that. Tony, the Economics expert should be able to vouch for this - When demand drops. prices will too (if supply remains constant)!!!
Suituapui, we can suppress the growth in demand but not bring about a negative growth in demand unless we are in recession.
If you take less kampua, you still have to find substitute. As such, the overall demand for foods is still constant.
Post a Comment