Tuesday, 27 October 2015

Leadership


My view on leadership @ 16.5.2014

Just like to share some of my thoughts on leadership and organisation. Let me confess upfront: I don’t know much about these two difficult subjects. Just my two cents.
  1. Leaders should never think or say that they have done or sacrificed a lot for the organisation. It is their choice to be in leadership position and thus is expected of them. It is for the other members to remind yet others of their hard work and sacrifice.
  2. When leaders demand trust from members - trust their judgment, integrity and wisdom, it may be the beginning of trouble. They stop to reason or rationalise with members on issues. They want blind followers.
  3. The other way of looking at it is this. When they ask members to trust them, implied message is that “we don't trust you. Therefore we don't want to share too much information with you. We doubt your intellectual capacity to comprehend or you may share the information with third parties.” Members may submit to the demand, not out of respect, but out of fear, fear of being reprimanded in the open. Fear of leaders throwing tantrum.
  4. While we may trust our leaders, we also want transparency and accountability. We also want our “right to know” to be respected.
  5. Dissent within an organisation is healthy and to be encouraged. Leaders should respect dissenting views and use their power of persuasion to get the minority to see their point and get their support. Someone once said, “When two persons always agree, one is unnecessary.”
  6. Constitution is the supreme law of any organisation and is to be followed strictly. Of course it may be amended but until this is done, the provisions are the law governing the organisation. Executive may have power to interpret but they cannot choose not to follow.
  7. Do the right things right. Seek to do what is right, not what is convenient.

Wednesday, 21 October 2015

大马十八怪

26.12.2013

大马十八怪

1. 小小螺絲起子比钻石还要贵。
2. 有买保险的病人,看病费用比其他病人贵。
3. 保险公司批淮的修车厂,修车费用比其他厂贵。
4. 国会大厦的屋顶,修了又修再修还是漏。
5. 旧体育館很耐,剛建好的体育館很容易塌。
6. 高速公路隨时可以变作垃圾场。
7. 有个女人很节俭,剛会吃奶就开始
存钱,可以买一颗大钻戒。
8. 有个女人没来马来西亚,却能夠自己去7-Eleven买C4, 然后跑到森林去引爆。
9. 千万不要去反贪污局,有个人活着进去,抬着出来。
10. 外劳比某些公民更有权力。
11. 有些人有特别权力可以叫人回袓先的家去。
12. 多数民族最会争取权益,吵吵一下就得到利益。
13. 政府花大钱,辛苦养育人才,却年年往外送。
14. 伟哥可以送给政党用。
15. 政府钱多多,到处养白象。
16. 到处在建屋,建好却空着。
17. 有人宣佈要作乱,不见警察捉。
18. 有人丢氣球,被告伤人。

Tuesday, 20 October 2015

钞票换股票最佳时机


期货投资 Futures - 庄婷婷小姐



1. 高消费时代,大学生必须学会投资。
2. 美国,平均牛市50个月。2009-2015牛市已80个月。
3. World debt to GDP ratio is higher than 2009.
4. 期货的重要性 -
    a) 对冲 一 must hold shares worth RM85K or hold all 30 index stocks
    b) 护盘 一
5. Terminology n features
   a) 1 point= RM50
   b) Buy = long
   c) Sell = short
6. 交易2大重点
   a) 亏损最小化
   b) 盈利最大化
7. 3种方法
   a) stop loss 止损点
   b) 风险:回酬 - 筛选机会
   c) 向 tips 说不
8. 期货不可加码
9. 1997 - KLCI dropped from 1300 - 389 -70%
    2000 - 1021 to 547 -46%
   2008 - 1524 to 723 -47%
10. 期货长期投资=1星期



钞票换股票 - 黄俊华



1. Oil & gas = 17% of export. E&E 36%
2. 最佳时机
    a) 市场情绪指标转上 - 70% equity 30% cash
    b) 慎选优质股
    c) 止损 - 保本投资
3. 选股
    a) 业绩稳健/创新高
    b) 股价走势 -look for side ways/down
    c) 业绩成长潛能
4. 浮云迭起 - 升则守、跌则走 support point



何启斌博士 Dr Hoo Ke Peng



1. 大公信贷为大马降级 - negative outlook
    a) political instability
    b) real property bubble
    c) US rate hike n dampened world growth
    d) compressed external liquidity - the world will be short of US$
2. RM vs US$
   a) 1998 - from 2.52 to 5.03 (just 10 seconds) - 50%
   b) 2015 - from 3.24 to 4.19 - 20%
3. 15 year MGS at 4.79%. Increase will be gradual
4. Dollar index - drop
5. US$ liquidity will be tight
6. China - corporate bond market - no bubble risk
7. Russia attacking Syria - protected warfare 持久战. Price of oil will go up
8. KLCI will be at 1750
9. 54 MP seats are from Felda settlement. Valuecap will support FGV. IPO at RM4.30



18.10.2015



Philip Capital's View - 20.10.2015


1. Asian Financial Crisis of 1997/98
  1. Economy fell into recession for 2 years
  2. ringgit plummeted by 46%
  3. 10.8% contraction in the GDP
  4. 78% plunge in the KLCI.
2. 2008/09 Lehman Brothers Crisis 
  1. economy fell into recession for nearly a year
  2. GDP contracted by 5.7%
  3. KLCI nosedived by 42%
  4. ringgit declined by 12% against the US$
3. 2015
  1. Economy is expected to grow at 4.5-5.5%
  2. 8% fall in KLCI as at end-Sept
  3. there is no sign of recession

Currency outlook - July 2015

Currency outlook - by HSBC Bank 23.7.2015

1. Excluding mega rallies, latest US$ really from 2014 has been bigger than average. More than 25%.
2. QE caused US$ to depreciate. Catching up on lost value. Sudden spike.
3. US diverging from other economies. Hiking interest rate while other countries are cutting
4. US economic data has been disappointing.
5. US inflation is taking well below Fed's target of 2%.
6. HSBC thinks interest rate hike will be in December 2015 and another hike next year.
7. Euro is now in 'autopilot' phase. QE implemented causing drop in currency.
8. US$ will likely remain strong, but further gains should be slow.
9. Economic growth sub-par.
10. RM outlook -

a) suffers from commodity price weakness and high debt levels. Malaysia exports more LNG than cruise oil. Watch movement of LNG;
b) low FX volume and declining current account;
c) machinery and electronics exports increase;
d) cutting subsidies and imposing GST;
e) reserve is lowest in market;
f) foreigners hold 35% of government bond.

11. By Q3, US$ = RM3.7

RMB

1. RMB trade settlement has grown bigger.
2. China's investment overseas will continue.
3. CNY - trades within China. CNH -trades outside China.
4. FX flexibility is a key policy aim.

教育大蓝图汇报会

教育大蓝图汇报会 7.9.2013


1. 政府学校、政府资助学校、私立学校、other education options 特殊学校 (包括独中)。

2. 独中学生7万,华小68万。2012华小非华人学生14%

3. 拔款 - 国小95%,华小3%,印小2%。

4. Malaysia Education Blueprint launched on 6.9.2013 - 2013-2025

5. 初歩报告

a) 零散(fragmented)教育体系 - 依种族需求及多元化教育体系
b) 新的国家教育体系 - 以马来文为主要教学媒介、强调国Eu团结和共同的国家教育体系。

6. 蓝图取消零散字眼。

7. 强化 STEM - science technology engineering n mathematics 的学习

8. KSSR - 小学标凖课程綱要

9. 教育平等 - 起点、过程及结果平等

10. 第三阶段(2021-2025) - 国民小学及中学为首选学校 - 以增进团结

教育大蓝图对华教的冲击

教育大蓝图对华教的冲击 - 邓日才校长 4.8.2013

1. 百年鹏飞,飞去那里?

2. History

a) 1949 Halgate report
b) 1951 Barnes report
c) 195? Fern-Wu reeport
d) 1956 Razak report
e) 1961 Talib report
f) 1961 Education Act
g) 1967 National Language Act
h) 1996 Education Act - discretion of minister
I) 2006 PIPP - blueprint 1 (2006-2012) - 民族国家,回教文明,国小首选,强化国语
I) 2013 PPPM - Blueprint 2013-2025

- KSSR 增加90分钟,PPPM 增加300钟 (+217%)。华文续保持300

3. TIMSS (The Trends in International Maths & Science Study)

4. 国际教育成就评比协会 The International Association for the Evaluation Achievement

5. PISA - Programme for International Student Assessment - Malaysia is at 66 out of 68 countries

6. 宋铠教授:内在学习动力及核心竞爭最为重要
- 培育学生基本能力最重要。

Ask ourselves

Pemandu tells us that crime rate has dropped
Ask our friends and relatives
Many had houses broken into
Bags snatched and pockets picked

Education minister says our education standard will be top 3 in the world
Ask our friends and relatives
Many questioned why exam papers are leaked, special classes are held
And doubt results are massaged.

11.4.2013