Category: Uncategorized

Malaysian Rapist to become Speaker

Hello! Has Mahathir gone into the shit hole again.
The whole world knows Rais Yatim raped his own maid.
Pak Lah helped to cover the crime.
Now Mahathir wants Rais Yatim to be the new speaker.
Me think Malaysians should stop the culture of tidak apa attitude before Mahathir takes us to a disgusted era again where PRIBUMI is just a disguise for UMNO BARU 2.
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Rais Yatim, ini rumah siapa, dan siapakah wanita di depan rumah ini?


LIHAT gambar di bawah ini baik-baik. Rumah siapakah ini, dan siapakah yang berdiri di depan rumah ini? Anda sahabat pembaca semua tak perlu jawab, kerana soalan ini bukan ditujukan kepada anda, sebaliknya soalan yang perlu dijawab oleh YB Datuk Seri Utama Rais Yatim.


Rumah ini terletak di salah sebuah kampung di Banjarnegara, Indonesia sekitar 12 jam perjalanan dari Bandar Jakarta, Indonesia jika menaiki kereta.

Wanita yang berdiri bersama suaminya di depan rumah ini sangat rapat dengan Rais Yatim, Menteri Penerangan, Komunikasi dan Kebudayaan Malaysia (sebut menteri propaganda Barisan Nasional).


Milosuam.net

Kiddomo Universe – Where Playland Meets Technology



First of all, this is not paid content. I never take money for product placement for my blog. Thats why my blog is always free of ads and no popups. Hence I make zero money from my blog lol.



If you have kids between 2-12, you should take them to Kiddomo Universe at Level 3 of Starling Mall. Unlike other theme parks or playlands, Kiddomo merges technology with fun.



Kids get to create their own character, and later see that character be your avatar in various games. Kids can create art and see their art come to life. There’s even craft and entertainment workshop.


Give it a go, its a family enriching experience. Parents are encouraged to participate together with their kids.



Things To Discuss Regarding GRAB


a) Grab Food – I don’t know about you but Uber Eats was fantastic. I don’t know why that even after 4 weeks of Grab taking over, Grab Food is just as bad as Food Panda. Food Panda, the app that is like a casual barista, kinda worked sometimes but you just didn’t know when. Food Panda’s problem is a lack of control over its last mile delivery. It is the management of a secure team of last mile couriers that spells the end for most retail/service delivery apps. Particularly in Malaysia where getting a permanent group of loyal and dedicated couriers is as difficult as getting someone off handbags addiction.

So far, Grab Food (and Food Panda) vs UberEats is like Malaysia’s version of 7-11 vs Family Mart respectively. Btw just try and sign up for Grab Food, its a doozy (not).


















Grab and its competition in Manila …

 b) Grab’s Domination – Following the deal, Grab is largely a Southeast Asian app. Didi conquered China following a similar deal sale by Uber there. However it is not all clear plain sailing. There are still up and coming companies seeking the same pie: Ryde in Singapore; Hype and Ipara in the Philippines; and the biggest of the lot Go Jek, coming to your nearest Southeast Asian country near you soon from Indonesia.

Go-Jek enjoys a strong market lead in Indonesia, where it is based, and recently raised $1.2 billion in a funding round that included Google as well as Chinese companies Tencent and JD.com and the Singaporean sovereign wealth fund Temasek.

 Judging from the Temasek parentage alone, there will be certain places where Go Jek may find it easier to operate in. 

 Its not plain sailing for Grab yet. Just go to the Android reviews of the Grab app, its pretty scary. Not all is well at fairyland.
c) Grab’s Goodwill Shortfall With Drivers – It is not a substantive issue but one which permeates below the surface. Many of those with Uber before can testify that Uber’s system was “kinder” and “more understanding” of drivers compared to Grab’s. The number of “banned drivers” is a touchy issue esp when it comes to Grab’s “cancellation rules”. Drivers may just have to cancel a ride because some customers did not show up for pick up, but having too many cancellations can cause the drivers to be banned.

“Riders are better ‘behaved’ and humane. Uber’s systems, with the 5-minute countdown upon arriving at pickup points (driver compensations) and a two-way rating system is fairer and educates riders to appreciate a driver’s time. I’ve only begun to drive on Grab but I can immediately tell that there’s a difference between the riders for both.”
– A former Uber driver who’s transitioned over to Grab
A few voices said something similar.
“I hope that all of the benefits on Uber’s system is implemented into Grab. There’s a reason why Uber’s drivers remain loyal with them. I hope that Grab listens to more drivers and riders to improve their system.”
Hence, it is imperative that Grab continues to improve its management systems and processes cause where there is room for improvements, there is room for the competition and Go Jek is a proven performer.
d) How Malaysian Is Grab? – Before Malaysians get swelled up with pride with Grab’s rise and rise in the ride-hailing app industry. Let’s look at just how Malaysian the company is now. No doubt we should be proud that two Malaysians had the brilliant idea and an even more effective execution strategy. But let’s not kid ourselves here. Its been a long time that the Malaysian shareholdings’ level has now been diluted to an unsubstantial amount. Its nobody’s fault, many successful tech companies go through many rounds of funding and each level hence leaving most founders with a pittance.

 It has to do with how important is funding/burn rate to a tech company. For example, Zuckerberg still holds 28% of Facebook, giving him a wealth value of $24b. Pony Ma still owns about 9% of Tencent but the company has a market value of $480b. However if your company is one that rides on subsidizing to win market share, rest assured you will need plenty of funding to keep hitting targets prior to a listing.

 While there is no official shareholders’ list for the new Grab. We can do an estimate by following the various rounds of funding. New composite shareholders for Grab: (~) denotes an approximation …
1. Softbank (JP) ~ 30-31%
2. Uber (US) 27.5%
3. Didi (China) ~ 10-11%
4. Anthony & management ~ 6-8%
5. CIC (China) 3%
6. GIC (Singapore) 3%
7. Temasek Vertex (Singapore) 3%
8. China Hillhouse (China) 2%

 So, there you go. At a $6b valuation (from last round of funding), we may surmise that Grab can aim for a $8-9b IPO next year, and yes their stakes will be diluted even further then.

How Far Should The Bloodletting Go

Euromoney came up with an article which questioned how far should the “bloodletting” continue in finance in Malaysia. I bring this to a wider spectrum, not just finance but in every facet.

 https://www.euromoney.com/article/b18m0sqgwgs3x2/mahathirs-return-puts-the-fear-into-malaysian-finance

 Despite public delight, there is a mood of some paranoia in Malaysian business and finance right now – and you can see why. Since the shock opposition election victory on May 9 restored 92-year-old Mahathir Mohamad to power, deposing the party he once led, one person after another with ties to ousted prime minister Najib Razak has been removed from leadership positions in Malaysia’s key institutions. And the big question for many is: who is next? Is it me?
Other institutions said to be facing a great deal of scrutiny under the new government are the Securities Commission, which regulates the capital markets, and the fund for Muslim pilgrimages, Tabung Haji.

When the dust settles and after short-term pain and disruption, many in Malaysia think the outlook for the country and its banks will be better if reform is implemented as planned. In policy terms, this is exactly what many people wanted to happen. But it remains to be seen how much blood-letting has taken place in the country’s senior ranks by the time banks and institutions regroup for a hopefully brighter future.
I do agree that we have to draw a line cause culpability has a wide definition. Some may be caught up in the tangled web for survival purposes. Its the instigators and those who schemed that must be brought to law.

 There are various means to curb the transgressors and reform the system without destabilising the working platform:

 a) removal of previous senior government appointees in GLCs

 b) removal of people with strong links to previous government and benefitted unjustly in private sector

 c) removal of payments and allowances to smaller cohorts and gatekeepers

 d) remove ineffective rubber stamping board members from GLCs and important finance institutions

 e) give ‘teeth’ to regulatory and supervisory bodies, to that end, these people must be independent and professional, those who do not make the cut gets the cut
As for listed companies, its a grey area. Most companies are in business in some ways with the government. If the bulk of the business is not solely dependent on government contacts and panhandling, we should leave them alone.

 The banks, almost every single top banks were tainted in some way, esp with the 1MDB case. Those who were critical in approving or rubber stamping knowingly illegal transactions should be punished. 

 Its not just banks or construction firms, we haven’t got to property companies. Highly irregular land banking deals should be looked into. Hefty fines should be issued in particular where property companies got sweetheart deals.

 Heads must roll. Blood letting must proceed or else the message may not register sufficiently. If you were let go, just be glad there is no prison sentence. Move on. Plus a lot of the heads n cronies are rich from corrupt deals already. Give others a chance. Plenty of Malaysian talent, just go ask Singapore true or not!

Fucking Anwar in the open


https://election.thestar.com.my/
PKR has won the most seats.
Yet 10 Minister’s post are from Mahathir and Daim camp.
Instead Anwar only has Kak Wan and the two Saifuddin.
Azmin and Zuraida are no longer Anwar’s people.
What is so special about Syed Saddiq?  What experience does he has?
Mahathir and Daim have systematically sealed off Anwar so that he will never be the next Prime Minister.
If one were to notice, Daim’s people have been fucking Anwar openly.
Every movement or steps taken by Anwar is wrong.
WHILE EVERYONE IS LOOKING FORWARD TO DIGGING INTO MALAYSIA GOLD MINE, BEAR IN MIND, LIM GUAN ENG AND MAT SABU WILL BE MAKE THE SCAPEGOAT TO BE SHAME FOREVER.

YES MAHATHIR HAD SIGNED AN UNDERTAKING WITH PKR, DAP AND AMANAH FOR ANWAR TO BE THE NEXT PRIME MINISTER.

BUT DAIM ZAINUDDIN DID NOT SIGN.  THE PERSON WHO STANDS TO GAIN THE MOST WITH MAHATHIR AS PRIME MINISTER AND AZMIN AS THE NEXT IN LINE IS TUN DAIM ZAINUDDIN.

THE PERSON WHO HAS INTEREST IN THE DISAPPEARANCE OF MH370 AND 1MDB IS TUN DAIM ZAINUDDIN.

WHY IS MAHATHIR REOPENING NORTH KOREA EMBASSY FOR TUN DAIM ZAINUDDIN’S INTEREST?

WHEN 1 plus 1 equal 3, then one can see the true picture.
Image result for images of freemason

Why Is Oil & Gas Leading The Market


 We all saw the ones that got hit big time following the recent elections. Thats because construction are big ticket items and the likelihood of some big projects being pulled, scrapped or renegotiated is enough to adopt the sell first ask questions later strategy.

 Why oil and gas stocks were relatively unscathed? My two bob answers:

 a) It is so much easier to inflate contract value in construction jobs

 b) The ownership of oilfields, not exactly under the jurisdiction of certain ministries

c) To develop oilfields, even if you give it to me free, is not profits, capital still has to be expended and returns are years down the road (same analogy if you were to inflate contract value)

 d) The most defining factor was that oil and gas prices were relatively depressed over the last 3-4 years (thankfully) which meant more belt tightening and cutbacks by companies than new projects
While waiting for the construction big projects to settle down, it is only natural that oil and gas counters come to the fore.

 What are the country’s pressing problems now? Reduce the debt. Service the debt. As mentioned in my posting on managing the debt, a listing of Petronas is a viable option.


 That option may be shunted for a better option for now: Petronas needs to ramp up production, yes, it is as simple as that. That way, with higher profits, revenues, and maybe even declare a special dividend to the government over the next 1-3 years.

 a-z) a substantive refocus on E&P activities by Petronas
These are not picks per se but likely beneficiaries, in no particular order: Dialog, Sapura Energy, Scomi, Serba Dinamik, Bumi Armada.
p/s These comments above are not buy or sell calls but purely my opinion. Please consult your broker or investment advisor before acting.

R.I.P. Bourdain


Almost everyone was devastated when hearing the news of his suicide. I will not pretend to know him well. His death is all the more sudden considering that he has possibly the best job on earth. I mean, please describe your ultimate job … go to places globally, visit tourist sites, eating the best food there is, making snarky comments, meeting passionate and brilliant cooks, voicing your opinions as if the world cares about them, be free to perform your vices on camera (be it alcohol or ciggies) and getting paid well.

 Why we feel so connected to Bourdain. He is us, he makes it so easy to live vicariously through him when we watch his shows. We are him when he is traveling, eating, enjoying life, passing commentary on life and its gentler purposes, reflecting on harsher realities together, ruminating on unanswerable questions which we all ponder …

One thing the media has not focused on was the cause for his demons, much like for Robin Williams, was their previous liberal use of coke and heroin. Even if you managed to rid yourself of those addictions later in life, there will be instances where they can still haunt you later in life.

 Bourdain made the world smaller, made the world a more friendly place, made us look at how similar we all are. He made us look at our own humanity.

During what would be his final interview with PEOPLE, celebrity chef and gifted wordsmith Anthony Bourdain described himself as “happy” and spoke about his young daughter, whose birth motivated him to readjust his approach to life.

 “There have been times, honestly, in my life that I figured, ‘I’ve had a good run — why not just do this stupid thing, this selfish thing… jump off a cliff into water of indeterminate depth,’” he said, recalling something he said he’d once done for his Travel Channel show.

Lim Guan Eng is no Genghis Khan

PUTRAJAYA: Prime Minister Tun Dr Mahathir Mohamad has instructed Finance Minister Lim Guan Eng and Malaysian Anti-Corruption Commission (MACC) officials to head to China to engage in discussions with the parties involved in the Multi-Product Pipeline (MPP) and the Trans-Sabah Gas Pipeline (TSGP) projects.
“The project’s mode of payment is based on timeline milestones and it will be reviewed,” he told a media conference after attending a Cabinet meeting here Wednesday.
Asked whether the money allocated for the projects might be used to pay 1Malaysia Development Bhd (1MDB) debts, he said: “We will investigate that but the idea that it should pay periodically according to time, and not according to the progress of the project, is wrong.
“So we want to study why this system was agreed to by the Malaysian government during the former prime minister’s (Datuk Seri Najib Razak) tenure.
“They made this decision in the Cabinet, but the decision was wrong and affects us, and is not good for our country and the government,” he added.
Yesterday, Finance Minister Lim Guan Eng revealed that Suria Strategic Energy Resources Sdn Bhd (SSER), a wholly-owned subsidiary of the ministry, was embroiled in a scandal related to the two gas line projects, which were approved by the Cabinet on July 27, 2016.
“The RM9.4 billion scandal, whereby payments made based on timeline milestones and not progressive work done, resulted in RM8.3 billion or 88 per cent of the projects’ total value being paid despite only 13 per cent work completion,” he said in a statement.
The scandal, discovered in the ‘Red Files’ of the Finance Ministry, is suspected to be linked to 1MDB.
The files are said to be previously only accessible by certain parties and not disclosed to the officials and auditors of the ministry.
To recap, the 600km multi-product petroleum pipeline connecting Melaka and Port Dickson to Jitra, Kedah, cost 4.53 billion yuan and RM2.53 billion, or a total of about RM5.35 billion.
The TSGP, on the other hand, was to build a 662km gas pipeline from Kimanis Gas Terminal to Sandakan and Tawau, costing 3.08 billion yuan and RM2.14 billion, or about RM4.06 billion in total.
Both projects, amounting to RM9.41 billion, were awarded to China Petroleum Pipeline Bureau (CPPB) on Nov 1, 2016.
The agreements were signed by the then Treasury Secretary-General Tan Sri Irwan Serigar Abdullah, who was also Chairman of SSER. Irwan resigned on May 23, 2018.
SSER secured funding from China EXIM Bank amounting to 85 per cent of the project’s value on March 22, 2017. The balance 15 per cent of funds required was to be raised via sukuk issuance.
Both the China EXIM Bank borrowings and the sukuk were secured with Federal Government guarantees.
During a briefing to Treasury officials on Monday last week, SSER reported that the three-year projects began in April 2017. — BERNAMA
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Najib and Rosmah are holding tightly to China’s balls.
One of the country connected with missing MH370 and 1MDB is China.
So can Lim Guan Eng be like Genghis Khan?

7th Generation of curse and 7th Prime Minister

Image result for images of mahsuri
Mahsuri was the daughter of a couple who moved from their native Phuket to the island of Langkawi in search of a better life. She was the most beautiful in all of Langkawi and married the warrior Wan Darus (or Wan Derus). As was required of him, her husband had to go to war with the Siamese, leaving Mahsuri behind to fend for herself. It was during this time that Mahsuri befriended a young traveller named Deraman. The village chief’s wife Wan Mahora was jealous of Mahsuri’s beauty. She spread a rumour that Mahsuri was unfaithful and was having an affair with Deraman in the absence of Wan Darus. 
Eventually the rumours grew strong enough that the villagers openly accused her of adultery. Mahsuri pleaded her innocence, but no one believed her.
Mahsuri was to be tied to a tree (or pole) and stabbed to death but it didn’t work. After every execution attempt failed, Mahsuri told them to kill her with her family’s ‘keris‘. When she was stabbed, white blood flowed from the wound, signifying her innocence. Some birds flew above her to cover her body. With her dying breath, Mahsuri cursed Langkawi to have seven generations of bad luck. The kingdom was soon taken over by Siam. The villagers at Padang Mat Sirat burned their own paddy fields rather than let them fall into the hands of the Siamese.
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The curse of Langkawi will end after the death of the 7th Prime Minister who was born in Alor Setar.
Tunku Abdul Rahman the 1st Prime Minister was also born in Alor Setar.
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