Sunday, March 17, 2019

NO MORE PHISICAL FORM TO BE FILLED BY TAX PAYER....PLS TAKE NOTE

DAYANG MENJADI GOYANG-GOYANG--RUN

While the group had posted strong 4Q18 results, which were lifted by lump-sum work orders, Streets believe such outperformance is unlikely to be repeated. Meanwhile, Streets also believe its upcoming corporate exercises could dampen sentiment.

Dayng posted an exceptionally stronger set of 4Q18 results – more than double QoQ from 3Q18, which is typically a stronger quarter, and rebounding from YoY losses in 4Q17. In fact, 4Q18 results were exceptionally strong that it contributed 57% of its full-year FY18 earnings.

Following this, its share price shooting up by 215% since its 4Q18 results announcement last month.

But, is 4Q18 earnings performance sustainable? All of the quarter’s topside maintenance revenue came from “lump-sum” billings, as compared to the more conventional “schedule of rates” billings.

The lump-sum work orders arises when (i) there is a specific or urgent work request from the client for packaged maintenance or overhaul services, as opposed to the more usual scheduled maintenance works, or (ii) successful billings of variation orders. That said, while there is still a possibility for lump-sum work orders in the coming quarters, observers believe it is unlikely that it will be at the record-high levels seen in 4Q18. 

In fact, Streets expect 1Q19 to post more “normalised” levels of profits, on the back of it also being a seasonally weaker quarter given the monsoon season.

Under the assistance of the CDRC of Bank Negara Malaysia, Dayang’s 60.5%-owned listed subsidiary Perdana has hinted of an impending comprehensive corporate exercise to be completed within the next 12 months from March 2019.

This is referring to its Proposed Debt Restructuring Scheme (PDRS) for the CDRC, which may include extension of borrowings, disposal of assets, special issues or placement of shares, and rights issue. Depending on the scheme, there may also be a need to further impair the group’s assets.

That said, it is believed that an upcoming comprehensive corporate restructuring may implicate shareholders of Dayang and as taking lessons from other oil and gas companies that had undergone corporate exercises in the past (e.g. SAPNRG, VELESTO), this also may not play well for the stock’s trading sentiment and share prices.

At RM1.20 is based on 1x PBV in-line with its mean valuations.

Wednesday, February 27, 2019

印度與巴基斯坦爆發自一九七一年戰爭以來最嚴重的軍事對立,巴國宣稱在其領空擊落兩架入侵的印度空軍戰機,俘虜一名飛行員

【星島日報報道】印度與巴基斯坦爆發自一九七一年戰爭以來最嚴重的軍事對立,巴國宣稱在其領空擊落兩架入侵的印度空軍戰機,俘虜一名飛行員。但印方說法不一,僅承認在與巴基斯坦的空戰中損失一架米格-21戰機,但擊落了一架巴方入侵戰機。 目前印巴政府都對邊境部隊下達「高度戒備令」,邊界戰爭一觸即發。國際社會呼籲兩國保持克制。
印度空軍日前派出十二架幻影2000戰機空襲巴基斯坦控制的克什米爾地區,宣稱炸死三百多名恐怖分子。巴國則聲稱沒有人被殺,該國外交部周三稱,巴國空軍在領空內擊落兩架印度戰機,俘虜一名飛行員。發言人加富爾說,巴軍戰機早前飛越克什米爾的印巴實控線,入侵印控空域攻擊倉庫等非軍事目標,之後有兩架印度戰機入侵巴領空,被巴空軍擊落,其中一架墜落在巴控區域,另一架落在印控區域。巴國俘虜了一名印度機師。
據巴基斯坦《卡拉奇時報》在網上貼出的影片,一名被蒙住眼睛、雙手被綁在身後、穿印度空軍制服的男性,報上姓名、軍階等資料,臉上有血迹。巴國三軍新聞局展示印軍機師攜帶的武器、彈藥及地圖等文件。
印度政府說法不一,外交部發言人庫馬爾證實一架米格21戰機被擊落,一名機師失蹤。庫馬爾還稱,巴基斯坦空軍一架超高音速戰機被印方擊落。印度新聞信託社(PTI)另引述匿名印度官員說,巴基斯坦三架戰機一度入侵印方領空,但遭印度戰機攔截,投彈後離開,沒有傷亡和財產損失的報告,其中一架F-16沿着印巴實控線在巴國領土墜毀。不過,加富爾否認損失戰機,表示巴方在行動中根本沒有使用F-16。
巴國外交部稱,巴方無意升級局勢,但如果被逼進入這種模式,巴方已做好充分準備。聲明強調:「若印度在未掌握一絲一毫的證據下,攻擊所謂的恐怖主義支持者,則我方也將保有相應的權利,以反擊受印方保護的、在巴境實施恐怖行動的分子。」
印度空軍戰機周二飛進克什米爾巴基斯坦控制的一邊進行空襲後,雙方武裝部隊周二晚至周三清晨再在控制線沿線駁火,互相炮轟。印度國防部發言人說,周二深夜,巴國部隊已開始出動重型武器,在克什米爾印、巴控制線沿線十二至十五處地點,向印度一方發炮。印度軍隊發炮還擊,重創對方五個哨站,造成傷亡。印度一方則有五名士兵受了輕傷。
新德里當局表示,印度出動戰機空襲巴基斯坦境內武裝分子營區,是印度自一九七一年印巴戰爭以來,首次對巴基斯坦領土展開空襲。

在毗鄰巴基斯坦邊界的印度旁遮普邦,數個地區已進入高度戒備狀態。印度中央後備警察部隊一支車隊,於二月十四日在印控克什米爾遭汽車炸彈襲擊,四十多人死亡,數十人受傷。
宗教極端主義武裝「穆罕默德軍」認責。印方指認巴方支持「穆罕默德軍」,巴國總理伊姆蘭˙汗則強調該國與自殺式爆炸案無關。

Sunday, February 24, 2019

*朱镕基* *谈退休生活,让多少人无地自容!*

https://ck5354.blogspot.com/2019/02/life-after-retirement-oh-life-after.html

Source: https://klse.i3investor.com/blogs/Sslee_blog/194771.jsp

Good read:


*朱镕基* *谈退休生活,让多少人无地自容!*
原国务院总理朱镕基,退休已十多年,在退休生活当中如何处事待人?他提出了十个切记,很有启示!

Zhu Rongji was premier of China over the period 1998-2003, serving when the president was Jiang Zemin. He has thus retired for around 15 years. He discussed post retirement life and offered 10 points that retirees should consider. These are very inspirational advices.
*第一要切记*,
岁数大了不是本钱,心里不要那么多“应该”“不应该”,喊你一声“老头儿”没有什么错,叫你一声“老先生”是对方好教养,有人给你让个座,一定要说声“谢谢”,那是有幸碰到了一个大好人;
Point 1.
Advancing age is not a “credit”. Don’t go around setting rules on what ought/ought not; if you are addressed as “old man”, its ok. If you’re addressed as “Mr.”, that person is well mannered. When you’re offered a seat, you must respond with “thank you”, being lucky to meet a gracious man.
- My comment:White hair a lot, must admit old liao. I have 44 years old. I plan to work until 60. Another 16 years, can??
*第二要切记*,
“想当年”不是人人爱听的话,如今不是忆苦思甜的年代,没有人愿意享受你的光荣历史和苦难经历,时代毕竟不同了,你吃过的野菜,现在变成高档佳肴,你坑荒造田,现在变成破坏生态,因此,“想当年”的话题要适可而止;
Point 2.
“Remember the past” are words not everybody likes to hear. The present era is not to regurgitate the sorrows or joys of the past. No one is willing to listen to your glorious or painful past, times have changed. The wild vegetable you ate in the past may have now become a delicacy. Your cultivation practices to prevent famine previously may be regarded as damaging to environment now. As such, any matters of the past are best be appropriately limited.
- My comment: Keep quiet.
*第三要切记*,
少管闲事,特别是家中的事,孙辈的教育是子女的事,不是你的责任,与子女相处,千万不要罗里罗唆,要有政协的位子,既要到位又不能越位或错位,大事表个态,听不听别计较;
Point 3
Stay out of trouble, don’t be busybody, grandchildren’s education is not your responsibility. If you stay with the children, never gossip. Be a moderator; be clear to stay within limits and not to be biased. In major issues, just state the broad perspectives, and don’t bother whether the parties concerned consider them or not.
- My comment: Don't busybody.
*第四要切记*,
年轻人一定比你忙,你想孩子,可以打个电话;孩子想你了,可能连打个电话的时间也没有,千万要记住,为这种事情较真抱怨多了会“两败俱伤”,孩子来看你,千万不要找理由强留着,能抽出几分钟来看你就是好事了,如果不给孩子一个宽松环境,今后看你的时间会越来越少;
Point 4.
The younger generations will definitely be busier than you. If you miss your children, you can give them a call. On the other hand if children are thinking of you, they may not have the time to make a phone call. Don’t be too serious over this matter or else it will end up in lose-lose situation. If children pay you a visit don’t try to look for reasons to retain them longer. Accept it if they can spare the time to visit you. If you don’t give them such flexibility they may decide to have lesser visits in future.
- My comment: Don't disturb children, I have two Kids, one boy (7 yrs) and one girl (9 yrs). Hope they don't disturb me, ha ha ha, ask me take care of their future children.
*第五要切记*,
自愿付出的别想着要回报,不要总把为别人做的那些事挂在嘴上,“尊老爱幼”,永远要把“爱幼”放在第一位,因为朝阳总比夕阳更美好,记住“付出”时送给别人的东西,千万不要想着要补回来,那会让别人不愉快;
Point 5
Do not expect reward in exchange of what you willingly gave away. Don’t always repeat what you have done for others. “Respect the seniors, love the juniors”, should be reset as “Love the junior” first, because sunrise is definitely more glorious than sunset. Remember, those things which you gave away, never ever think that you need to be rewarded, as this will cause unhappiness to others.
- My comment:Don't expect return, must do more charity.
*第六要切记*,
不要总想着要改变别人,大冷天邻居家女孩子穿短裙丝袜那是人家喜欢,老伴做事丢三落四,脾气暴躁乱骂人,那也是多年养成的顽疾,其实你也很难改变,与其这样,不如来个和平共处,这样总比指手画脚更让人喜欢;
Point 6
Don’t always think of changing others. If the neighbor’s children choose to wear short skirts and stockings in very cold weather, it is their liking. Your old spouse got the habit to mess up things or easily throw tantrums, which must have been brought about over the years, which is difficult for you to change now. It might just as well that you bear with each other, and not to show “spider fight” to amuse the neighbors!!!!
- My comment:I always want to change my wife, but failed tremendously, ha ha ha.
*第七要切记*,
处事要大度一点,钱多钱少都要爽快大度,子女买东西孝敬您也一定要说声谢谢,把养老金用好也是一种智慧,当然积蓄全部花光也不是个办法,要适当;
Point 7
Whatever the dealings be broad minded and somewhat generous. Whether the amount of money involved is large or small, the attitude must be joyful and generous. If children bought gifts to show respect, you have to thank them. It is wise to use the reserve fund for old age, of course not to deplete all but appropriate amount.

- My comment: Still learning how to broad minded, that day someone say want to slap me, forgive forgive.
*第八要切记*,
邋邋遢遢也不是小事,人老了懒一点可以,但千万不要懒在穿衣戴帽,洗刷卫生上,要整洁干净,别因为自己邋邋遢遢影响家庭生态,要知道你的穿戴整洁不是个人的事情,那是家庭的招牌和子女的脸面,你自己不在乎,但很多人是在乎的;
Point 8
Unkempt and untidy is not a trivial matter. It is ok to laze slightly when old but not to slacken on proper attire, on healthy clean habits. Don’t let your shabby habits affect you family. You appearance and habits is not your individual matter, these also project the family image and reflection upon your children social status. Be mindful, if you don’t give a damn, many others may condemn!!!!!
- My comment:My wife always say I am like ah pek, I seldom buy clothes, live frugal, he he he.
*第九要切记*,
千万不要把家里东西样样都存起来,像个旧货店,杂货铺,有些东西要及时更新,说不定今后花钱处理掉也不容易;
Point 9
For goodness sake, don’t collect and keep everything in the house, like recycle shop. Some things have to be replaced with time. There may be things which may not be easily or cheaply rid off later.
- My comment: My wife don't allow me to collect things, If I buy 1 thing, must throw another thing.
*第十要切记*,
不要老想靠子女消除寂寞,根本还是靠自己,放飞是小家庭的梦想,即使自己独守长夜也要勇敢面对,朋友,储蓄友谊,才是老年人应当尽早做的事,这样,当你不能走动时,依然可以给朋友打个电话,去交流美好的话题;
*朱镕基的退休忠告*,
说得太好了!值得每个中老年人看看,朋友看到了会感激你!!
Point 10
Don’t expect children to help you to rid off boredom. Better depend on own self. Live your own dream; strive on your own bravely against all odds. Build friendship so when you are unable to walk about, you can call your friends for chats.
- My comment: Must build more friend, else will be lonely.

Thank you