Everyone is an investment manager

23-06-2008:
by Ang Kok Heng
Email us your feedback at fd@bizedge.com

Everyone who invests is also an investment manager himself. Although professional investment managers are employed to handle investment decisions for most of the investment products, in many areas an investor himself has to make the crucial decisions. Some of these decisions include when to invest, which one is better, how much to invest, when to take profit (how about losses), when to switch, when to add, etc. An investor himself will have to make many decisions even though financial consultants, investment advisers, financial planners and fund managers may provide advice from time to time. The final decision of an investor will very much be influenced by his risk appetite, expectation, cash flow needs, investment history, investment experience, etc Simplest investment needs decision Even the simplest investment, ie putting your excess money in fixed deposits (FD), requires a decision.

The questions that come to mind immediately are which banks provide higher interest rates, how long to place (one month, three months, 12 months etc), how to allocate between FD which provides a higher interest rate and the smaller interest-bearing savings account. Fortunately, most banks provide competitive rates and there is less need for extensive comparison. Furthermore, the interest differential between different maturity durations is small and as such, most people opt for shorter tenure of one-month maturity for FD. In view of the current low interest rates offered by banks, it may not be necessary to crack the brain to pick and choose, unless the amount is substantial. Complexity arises when some banks develop innovative products to lure customers, especially the high net worth individuals. Some of these are high interest rate foreign currency deposits, interest upfront deposits, etc.

Smart Saving for Long Term Investment

• Tahun 2008, ekonomi dunia mengalami kejatuhan yang sangat teruk dan impaknya HARGA UNIT TRUST TELAH JATUH MERUDUM

• Kesemua dana islamic P.Mutual mengalami kejatuhan harga dan profit yang sangat dasyat dan contohnya dapat dilihat seperti graf diatas dimana dlm setahun, kerugian PIDF adalah 29.18%
• Sejajar dengan konsep “long term investment”, kejatuhan tersebut mengalami proses pemulihan dan seperti contoh PIDF, keuntungan kembali di jana 1 tahun kebelakang

• 

Dan DANA-DANA YANG LAIN JUGA TURUT MENGALAMI PROSES PEMULIHAN

• Terdapat beberapa dana yang telah mencapai “break even” iaitu telah melepasi harga belian pelabur. Jika para pelabur merasakan kesan psikologi yang merimaskan ketika kejatuhan tahun lepas, dan berhajat untuk melepaskan semua pegangan dalam dana, boleh lah menjualnya sekarang dan mengambil keuntungan yang ada

• UPDATE TERKINI SETIAP AKAUN PELABUR AKAN DIKEMASKINI SEDIKIT MASA LAGI SEHINGGA SISTEM PELANGGAN SAYA KEMBALI DIAKTIFKAN.

Good news for OD hard core

Since PNB hold all the new application for OD ASB, this is an opportunity to unit trust holder to apply OD Unit trust from Public Bank.

***********************

Dear Mr Kamarul,

We thank you for your interest in Islamic financing.

This product is actually similar to overdraft facility under conventional banking except this product operates based on Shariah principles (Al Bai Bithaman Ajil). The purpose is actually for working capital, refinancing of assets, Investment and also personal use. However, the purpose of obtaining the Cash Line Facility-i and all activities related to it must not contravene the Shariah principles e,g gambling activities, sale of liquor,etc.

Presently the profit rate is based on fixed rate between 7.5% to 8.9% . Maximum tenure 3 years. A collateral in the form of property or Islamic Fixed Deposit is required.

For Unit Trust, we only accept Islamic UT under Public Mutual and the purchase of UT is on cash basis (EPF withdrawal is not allowed).

For further details on the requirements and to obtain the application form, you may approach any of our nearest branch.

Mohd Khalil Ismail
Manager, Product Development
Banking Operations
Public Islamic Bank

From:        Kamarul Hawari bin Ghazaliq <khg9973@yahoo.com> on 19-06-2009 02:35 PM

To: islamicbkg@publicislamicbank.com.my
cc: customersupport@publicbank.com.my

Subject: Email Type (Enquiry) from Kamarul Hawari bin Ghazaliq

This email is sent from Public Bank Contact Us form.

Personal Information
——————–
Title*              : Mr.
Full Name*          : Kamarul Hawari bin Ghazaliq
Mobile Phone        : 017-7712224
Email Address*      : khg9973@yahoo.com

Enquiries / Feedback
——————–
Subject*                    : Enquiry
Category*                   : Personal Banking
Type of Product / Service*  : Islamic Banking
Specific Product / Service* : Cash Line Facility-i

Comments
——–
Dear Customer Service.

I would like to know detail about your product cash line facility-i. I heard that we can apply the OD using unit trust. Can you explain a little bit detail about this.

Regards

Another promising indicator by stock exchange

KUALA LUMPUR, May 4 — Rising optimism over the improving health of the global economy plus strong gains on heavyweights led to the benchmark Kuala Lumpur Composite Index breaching the 1,000-points psychological barrier today. The CI ended 18.62 points higher at 1,009.36 today. The last time Bursa Malaysia hit the above 1,000 level was in October last year. Some analysts are now projecting the CI to touch 1,077 points by the middle of the year.

Current economic situation

Najib bets on rapid economic reforms

Najib bets on rapid economic reforms KUALA LUMPUR, April 23 — Changes to the Malaysian economic landscape will come fast and furious. Next week, the Najib administration will consider lifting the ceiling for foreign ownership of banks, allowing international investors to own more than 30 per cent of a financial institution

________

Share prices close higher in bullish market

KUALA LUMPUR, April 23 — Share prices on Bursa Malaysia closed higher today on improved sentiment with strong interest seen in plantation, property, and information and communications technology (ICT) related stocks, dealers said.

They said that sentiment was spurred by the government’s decision yesterday to remove the 30 per cent Bumiputera equity condition in 27 service sub-sectors with immediate effect.

At close, the benchmark Kuala Lumpur Composite Index (KLCI) rose 10.06 points or 1.04 per cent to 978.64 after opening 0.37 of a point higher at 968.95 this morning.

________

The unit trust performance still consider at lowest price as compared to the previous three years performance. We still can take advantage to average down our cost per unit based on fact that the fund price is far more better as refer to today’s price.

KLCI hits high note

KLCI hits high note

KUALA LUMPUR, April 10 – Share prices on Bursa Malaysia closed higher today with the KLCI at 941.38, the highest in six months fuelled by positive sentiment following the new…read more

New cabinet minister

Let see the effect of new cabinet minister line up by newly appointed prime minister.

Index KLSE – The KLCI ended 10 points higher at 917.9

The local stock market rebounded on April 9, after two days of losses, following overnight gains on Wall Street and ahead of the Prime Minister’s announcement on the new Cabinet line-up, which was announced in the afternoon.

Sentiment across Asia was also boosted by positive economic news from Japan. Japan’s stock market rallied from an unexpectedly positive reading on core machinery orders, which rose 1.4% month-on-month in February 2009 after four months of contractions – and well above expectations of a 7.9% drop. The data is a gauge of capital expenditure and could suggest business spending is nearing bottom.

Investor sentiment has improved over the last month as economic data – initially from the US but also now increasingly from elsewhere – start to show signs of a bottoming for the US and global economy. This has made investors more confident of investing in equities again, as economists are finally seeing some light at the end of the long dark tunnel.

The sustainability of global markets’ recent gains – and scope for more – will depend on upcoming US economic data. They will either help confirm or dispel investors’ recent optimism about the economy, noting that Wall Street has built in very strong expectations of a recovery later this year.

The KLCI was in positive territory the whole day. The KLCI ended 10 points higher at 917.9. Market breadth was positive with advancing stocks beating declining ones by a 2.7-to-one margin. Trading volume was high with 715 million shares changing hands.

Actively traded stocks include Maybank-OR, Johan, KNM, MRCB, Berjaya Corp, Resorts, TM and Mulpha. Major gainers include Tanjong plc, LPI, KL Kepong, MAS and Kossan. Losers include Wijaya, DKSH and UPA. Meanwhile, crude palm oil prices surged over 4% to above RM2,250 per tonne in the afternoon session.

Unit Trust Price

8/4/2009

Public Ittikal Fund

PITTIKAL

0.7142

9/4/2009

Public Islamic Dividend Fund

PIDF

0.2498

9/4/2009

Public Islamic Equity Fund

PIEF

0.2569

Ittikal was increased by 3.36% as compare to price at december 2008

PIDF was increased by 4.6% as compare to price at december 2008

PIEF was increased by 3.56% as compare to price at december 2008

*The detail price can be seen in www.publicmutual.com.my

Index KL updated

Green mean profit. The KL stock index as at today 6 march 2009. Is it the market start to recover ?

What stock to buy ?

advice from stock’s Guru

Y ppl reluctant to go in now though they know it is dirt cheap at current level ? Y ? bcos of greed ! they want 2 make more $$$$! they want to catch d bottom , as for me , i am not aiming 4 bottom ! I refused to “sai lang ” all is bocs of d economy datas telling me that 1st n 2nd Qtrs of 09 r going to be even worst , hence .. bullets all loaded n focus on mid of 2009

I will buy in d below stocks in stages :-

Ytlpowerwb < 0.58 ( Solely FA )

stock watch

AIR ASIA – RM 0.88

Investment bank forecast a 2009 year-end close of 1,020 for the index

Pelabur yang dihormati,

Tajuk diatas adalah petikan daripada artikel dibawah yang meramalkan index menjadi 1020 pada hujung tahun 2009. Pada masa sekarang, ekonomi ‘melepek’, semua harga unit trust jatuh. Profit daripada capital appreciation (perbezaan harga jual dan beli) menjadi negatif bererti rugi.

Kebanyakan daripada kita adalah pelabur baru, oleh itu kita boleh ambil peluang pada keadaan ekonomi sebegini. Letakkan sejumlah duit pada keadaan harga yg teruk ini dan lihat dalam 1-2 tahun atau lebih, insyaAllah perbezaan harga menjadi positif. Keadaan ini berlaku ketika awal 2008 dimana setiap fund yang dibeli, 1-2 bulan sahaja sudah mendapat break even. Kali ini, jika profit kembali positif dan kita letak satu target sehingga berapa %, lepas tu jual supaya kita dapat mengecapi keuntungan jangka pendek tersebut….

Lihat history index dibawah, 1020 berada di sekitar bulan August 2008 yang lalu. Dan mari kita lihat, berapa harga unit trust pada waktu tersebut.

Another tips to face the worst economic and financial crisis in decades

‘Start saving’

Financial experts offer these steps to help consumers climb out of personal debt and turn their financial picture around – even before the economy does. Here’s how:

1. Look at the big picture. Experts agree that before fixing your finances, you must first take stock of your complete financial picture. Compile all of your bills and outstanding debts, including credit cards, mortgages, student loans, auto loans, personal loans and bank loans, and pinpoint exactly what you owe on each account and in total. List the creditor, monthly payment, outstanding balance, interest rate, due date and credit limit for each.

My advice is to enter the market at lowest price…

Here is the definition of Dollar Cost Averaging

“Instead of investing assets in a lump sum, the investor works his way into a position by slowly buying smaller amounts over a longer period of time. This spreads the cost basis out over several years, providing insulation against changes in market price.”

But it has been criticized by some gurus as more of a marketing gimmick than a strategy….

What ever it is, I would suggest to investors that the current trend of unit price getting lower and lower, take this opportunities to average your unit price. How its work ?

You have bought a fund at peak price on Dec 07, you invested your RM10,000, you would have purchased 10 000 shares at RM1 each. When the current stock price at the lowest price say RM0.50, you added more 10000 unit by bought RM 5000. Then now, your cost per unit would reduce from RM1 each to RM0.75. Later, when the market start bouncing, you can maximize the profit.

unit you hold = 20 000, capital cost = RM 15 000, cost per unit = (1/20000)xRM15000) = RM0.75

Surviving the 2008 recession

today 19.8.08 at 10.00 am

12. Look at your stock portfolio and make smart moves. I know lots of you don’t look too closely at what you’re invested in. Lots of people really got hurt last time there was a downturn in the stock market. Are you diversified? Do you have more than a small percent of your portfolio in any one company? Have you sat down with a financial planner lately and talked through your portfolio?

A series of economic recession

British Economy Down

In stark confirmation that Britain is in the grip of recession, Government statistics showed on Wednesday that the economy fell by 1.2 percent in the third quarter. It was the biggest fall since 1980. The decline in gross domestic product, which measures the total value of goods and services produced in the period, compared with a rise of four-tenths of a percent in the second quarter. The most widely accepted definition of recession is two consecutive quarters of economic decline. Economists widely predict that the fourth quarter will also show a contraction.

18-08-2008: KLCI down 7.64 points at midday
by Cindy Yeap
Email us your feedback at fd@bizedge.com

PETALING JAYA: Local stocks ended midday lower as concerns about higher inflation taking a toll on the economy as well as sliding crude palm oil (CPO) futures won over any upbeat sentiments on the slide in crude oil prices in recent weeks.

The Kuala Lumpur Composite Index ended midday at 1,087.41 points, down 7.64 points, or 0.7%, dragged lower by declines at Sime Darby Bhd, KNM Group Bhd and Gamuda Bhd.

Sime Darby fell 20 sen to RM6.45, KNM slid 18 sen, or 10.98%, to RM1.46 while Gamuda dipped 19 sen to RM2.83. The trio collectively accounted for 4.19 points, or 55%, of the KLCI’s decline at midday. KNM is down for a third straight day today as investors trimmed positions on speculations that the company may incur higher costs for its takeover of German components maker Borsig GmbH, Bloomberg newswire reported this morning.

Japan’s economy contracts in April-June quarter

Japan appears to be sinking into recession, government data showed Wednesday, the latest sign that the global economic slowdown is worsening among the world’s biggest economies.

“The numbers were awful,” Hideo Kumano, chief economist at Dai-ichi Life Research Institute in Tokyo, said after the Japanese government reported that the nation’s gross domestic product shrank at an annual 2.4 percent rate in the three months through June 30. “Things are going to be very tough in the second half of the year.”

Even as commodity prices are beginning to ease, the twin credit and housing crises in the United States, coupled with the highest inflation in a generation, are weighing on consumers around the world.

Hands-on CEO

Kisah Tony Fernandes dan laman facebook

APABILA seorang pelanggan AirAsia belum mendapat bayaran balik daripada syarikat penerbangan tambang rendah itu, beliau menghantar pesanan kepada Ketua Pegawai Eksekutif (CEO) AirAsia, Datuk Tony Fernandes, menerusi laman sosial di Internet, Facebook.

Tanpa membuang masa, Datuk Fernandes menjawabnya, meminta nombor rujukan dan memastikan masalah itu diselesaikan.

Datuk Fernandes merupakan antara lebih 31 juta pengguna Facebook di seluruh dunia.

Apa yang bermula sebagai inisiatif peribadi secara tidak langsung telah membuka satu laluan baru untuk orang ramai, termasuk pelanggan AirAsia, untuk berinteraksi dan memberikan maklum balas.

‘Apabila mendengar kakitangan berbual mengenai Facebook, saya tertarik dan hendak memastikan saya selari dengan peredaran masa.

‘Jadi saya memulakan akaun dan dari situ bertemu dengan ramai rakan lama dan juga rakan baru,’ kata Datuk Fernandes ketika diwawancara menerusi panggilan jarak jauh, baru-baru ini.

Menerusi Facebook, kenalannya di laman sosial itu telah memberikan kata-kata rangsangan mengenai AirAsia, meminta nasihat beliau mengenai perniagaan malah menawarkan saranan perniagaan.

‘Tetapi pertanyaan yang sering saya dapat di Facebook adalah: Adakah anda benar-benar Tony Fernandes? Ramai yang ingatkan akaun itu milik seorang penyamar,’ ceritanya lagi.

Beliau mengakui bahawa AirAsia turut meraih manfaat daripada inisiatifnya di alam siber.

‘Pastinya ia memanfaatkan AirAsia, tetapi kami belum benar-benar menggunakannya. AirAsia mempunyai akaun Facebook sendiri, tetapi saya mempunyai lebih ramai teman (di Facebook) berbanding AirAsia,’ katanya sambil ketawa.

‘Ia adalah satu alat yang berkuasa, dan saya berharap kita boleh bangunkan Facebook yang lebih fokus kepada Asean, lebih relevan kepada pengguna Asean,’ tambah Datuk Fernandes.

Beliau bukan setakat mempunyai akaun Facebook (dan hampir 2,000 kenalan di Facebook) tetapi turut melayari Internet, membaca blog (jurnal di Internet) serta menjawab komen yang dibaca di blog.

Sebelum ini juga, setiap rungutan yang diterima daripada orang ramai dihantar terus kepada e-melnya.

Kini, Datuk Fernandes mungkin akan memulakan blog sendiri.

‘Saya pernah menjawab apa yang diperkatakan di sebuah blog yang terkenal dan mendapat banyak e-mel selepas itu.

‘Saya rasa saya harus memulakan blog sendiri,’ ujarnya yang dikenali ramai sebagai CEO yang akan sendiri melakukan tugas operasi atau hands-on.

Beliau berbuat demikian walaupun AirAsia adalah syarikat penerbangan tambang rendah yang terbesar di Asia Tenggara, dari segi jumlah pesawat yang dimiliki.

Sehingga kini, ia telah menerima 67 pesawat A320 dan sedang menghentikan penggunaan Boeing 737 secara berperingkat. Ia juga telah bersetuju untuk membeli 175 lagi pesawat A320.

Malah, beliau mendedahkan bahawa sebulan sekali beliau akan bekerja di bahagian bagasi, mengangkat beg bersama kakitangan yang lain untuk mengenali mereka dan mendengar masalah mereka.

Penumpang juga tidak segan silu menghampirinya, berjabat tangan dan meminta bergambar dengannya.

Bagaimanapun, terdapat juga rungutan penumpang yang mengatakan penerbangan AirAsia sering tertangguh, walaupun laman AirAsia menunjukkan bahawa bagi bulan lalu 92 peratus daripada penerbangannya tiba tepat pada masa.

‘Apabila kami baru bermula, kami membeli kapal terbang lama dan apabila ia rosak, ia harus diperbaiki. Kini kami masih menggunakan tujuh pesawat Boeing 737 di Thailand dan 11 Boeing 737 di Indonesia….

‘Tetapi kami telah memperkenalkan skim pampasan bagi pelanggan jika penerbangan mereka tertangguh lebih daripada tiga jam dan ini satu langkah untuk mencapai kualiti tinggi,’ katanya.

Dikenali sebagai AirAsia On Time Guarantee, para penumpang syarikat itu yang penerbangannya tertangguh lebih tiga jam daripada masa berlepas yang dijadualkan, berhak menerima baucar bernilai RM200 ($83.57).

Ditanya bagaimana beliau akan menghadapi sekitaran ekonomi yang kian resah dengan harga minyak yang terus meningkat, Datuk Fernandes berkata ia adalah mengenai penakatan dan mengembangkan perniagaan.

‘Apabila krisis ini berakhir, kita akan muncul dalam keadaan lebih kuat.

‘Buat masa ini, rancangan kami adalah untuk memastikan perniagaan ini kukuh. Kita tidak menghancurkan apa yang telah dibina iaitu laluan-laluan yang telah dibangunkan dan memastikan tambang terus rendah kerana kami tidak mahu menyebabkan kemerosotan permintaan akibat tambang yang tinggi,’ kata Datuk Fernandes yang akur bahawa margin pasti akan terjejas.

Sedang sebahagian syarikat penerbangan mengurangkan khidmat penerbangan, AirAsia terus menambah jumlah penerbangannya.

Sebanyak 24 syarikat penerbangan terpaksa gulung tikar tahun ini, termasuk Silverjet dan EOS dari Eropah serta Oasis dari Hongkong.

Ditanya jika masa ini menawarkan peluang penggabungan dan pengambilalihan (M&A), Datuk Fernandes berkata beliau tidak percaya kepada pengambilalihan.

‘Secara umum, anda akan mewarisi banyak masalah (dalam pengambilalihan),’ katanya lagi sambil mendedahkan bahawa sejauh ini, lapan syarikat penerbangan telah pun mendekati AirAsia.

This is how investor apply buy and hold principles.

EPF ups AirAsia stake to 6.45%

KUALA LUMPUR: AirAsia Bhd share price, which had fallen sharply in recent weeks, saw the Employees Provident Fund board acquiring 3.13 million shares on July 9.

A filing with Bursa Malaysia showed that after the acquisition, the EPF board’s total shareholding increased to 153.35 million shares or 6.46%.

The low-cost carrier’s share price closed at 84.5 sen on July 9.

AirAsia’s share price was at a 52-week low of 76.5 sen on June 25 while its 52-week high was RM2.14 on Oct 26 last year.

At the current price of 87 sen, it is trading at a price to earning of 4.10 times.