HKEX’s Silly Bid For London Stock Exchange


There are some smart people at HKEX but somehow not smart enough to know what NOT to do. HKEX’s fortunes over the past 10 years have relied more on mega Chinese listings and the A Shares attraction.

Buying LSE would have been a great idea but for ONE THING … its more than just symbolic to the current HK unrest… in fact it is downright parabolic.

The vicious letter by LSE on the bid basically touched on some fundamental and structural issues:

– There’s not enough cash in the bid, which is too low anyway. “Three-quarters of your proposed consideration is in HKEX shares, representing a fundamentally different and much less attractive investment proposition to our shareholders.”

– Hong Kong’s unrest makes that stock even less attractive. “We see the value of your share consideration as inherently uncertain. The ongoing situation in Hong Kong adds to this uncertainty. Furthermore, we question the sustainability of HKEX’s position as a strategic gateway in the longer term.”

– LSE already has a bridgehead in China: Shanghai. This “is our preferred and direct channel to access the many opportunities with China,” the LSE said. That was a TIGHT SLAP to HKEX and to Hongkong as a whole – why do you want to hobnob with coat-tail hangers-on when you can hobnob with the real decision-maker??!! 

They worked long and hard to get it: the Shanghai exchange interlisting project dates to 2015 when former finance minister George Osborne traveled to China to court officials. After a long wait, while LSE sought Chinese approvals, Huatai Securities Co. became the first Stock Connect listing in London in June.

– LSE doesn’t see the point of scrapping its Refinitiv deal. LSE wants the former Thomson Reuters financial and risk business to transform itself into a global force in data and trading platforms. Stock investors liked the $27 billion proposal, which sent LSE shares surging even before HKEX came knocking.

– LSE also slammed HKEX’s own business as old-school. “The high geographic concentration and heavy exposure to market transaction volumes in your business would represent a significant backward step for LSEG strategically.” That basically is the same argument on the rising irrelevance of HK’s main industries, which makes the current HK protests even more ludicrous … fighting the hands that hold your destiny. 


BY FAR, the biggest OBJECTION has to be this, and HKEX by going in with the bid shows how SILLY they were by even thinking any other global level exchange would “allow this to go ahead”. HKEX’s unusual relationship with its government.

The Chinese territory’s government holds 6% of HKEX’s stock and appoints 6 of the 13 board members. The city’s chief executive — a person appointed by Beijing — picks HKEX’s chairman.

Technically if HKEX succeeds, LSE would technically “belonged and will be controlled” by Beijing!!!??? This is so emblematic of the present HK unrest because there is no real democracy, there is no adherence to global best practices, but expects everyone else to accept them as “equal”.

“Your proposal would be subject to full scrutiny from a number of financial regulators, as well as governmental entities under, for example, the U.K. Enterprise Act, the CFIUS [national security] process in the U.S., and the ‘golden powers’ regime in Italy,” the LSE said. 

How Does NAZA Evade Tax?

Naza Tax Evasion – Spare Parts

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Spare Parts

Naza purchases completely built-up (CBU) cars, completely knocked down (CKD) parts, spare parts from Peugeot and are billed accordingly:
NAZA Peugeot Original Invoice
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RAFAE YUSOF
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Md Nor Kamisan

Rafae, a “trusted” team member of Dato Samson Anand George Tax Evasion Team submits fake/forged invoices at a lower amount for ALL parts to Custom and Excise and Naza pays excise duties on the lower amounts. As a result of paying lower excise duties, Naza can sell those Peugeot cars to the public at a more competitive price and make more profit.
The authorities need to ask Peugeot to provide them with the original invoices for these spare parts. They will then have to compare these original invoices with the one submitted by Naza to Custom and Excise. As each part have their unique identifying parts number, it would be a matter of comparing the original invoices with the one submitted by Naza to know how much Tax the Government and the people of Malaysia were defrauded of.
This Tax Evasion ruse was devised, managed and executed by Dato Samson Anand George and his team within Naza, and, assisted by PKT Logistics and their subsidiaries Orisis Logistics.
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Datuk Michael Tio (PKT Logistics)

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Augustine K. B. Lee (PKT Logistics)
Within Naza, different sets of books are kept by a dedicated accounting team to hide the discrepancies and to further the fraud. This has been done by Naza over many decades and would have cost the government and the Malaysian public, tax revenue losses running in the hundreds of millions, if not billions.
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Marina Mansor Finance Head reporting to Dato Samson Anand George
Whenever Royal Malaysian Customs is about to raid Naza, Dato Samson will get a tip-off and his “trusted” people will be scrambling to hide documents.
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SAMSON ANAND GEORGE OF NAZA
Recently, Customs seized 21 cars for violation of import documents (https://www.nst.com.my/news/crime-courts/2019/09/519261/six-lamborghini-huracans-amongs-vehicles-seized-customs-raid). While this is a move in the right direction, we hope Deputy Customs director-general (Enforcement and Compliance) Datuk Azimah Abd Hamid will also investigate the activities of Dato Samson Anand George who has faked/forged literally tens of thousands of import documents!
Locally produced cars sold by Naza are “manufactured” at their factory in Kedah, which they have sold a majority stake to Groupe PSA (Peugeot, Citroen, and Opel). Being so powerful, they even bend the rules on CBU and CKD. Officially there is only a duty structure for CBU and for CKD (http://www.maa.org.my/pdf/duties_taxes_on_motor_vehicles.pdf). Naza, on the other hand, can purchase CBU vehicles in Korea and France, and then disassemble, ship to Malaysia using PKT and Orisis, and then pass these cars off as CKD thus paying lower duties to profit more, in addition to the profits gained from fake/forged invoicing. Officially there is NO such duty structure for disassembled CBU being passed off as CKD so how does Naza do it?
We are aware that LHDN and Naza have negotiated for a much lesser amount to be paid into the Government coffers for the hundreds of millions of Tax revenue that they have already defrauded our government of. The question that needs to be asked is simply this: Who in LHDN and who in government, aided and abetted this much-reduced settlement. And why had Naza been given time to pay this when they have already had in their coffers, the Tax revenue money they had defrauded us all, for many years?
And more pertinent: Why has Naza not been prosecuted for this Tax Fraud which is a crime against our nation and our people? Is this because Naza is a Bumiputra conglomerate and this Pakatan Harapan government is reluctant to bring to heel a Bumiputra business that has, among its shareholders, Rafidah Aziz, Wan Azizah and Azmin Ali? Or is the money that NAZA still has, a factor in making this Pakatan Harapan government look the other way?
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Naza’s NZ Wheels is the “SOLE IMPORTER” of Mercedes-Benz in Malaysia NOT Mercedes-Benz Malaysia. So for every Mercedes you buy, you’re making Naza richer.
Naza NZ Wheels states : “The company has the ability in term of knowledge, experiences, skills and Approved Permits (AP) to undertake, as well as live up to her appointment as the sole importer for New Complete-Build-Up (CBU) Mercedes Benz and an authorised dealer for Mercedes-Benz Malaysia Sdn Bhd. It is supported by their affiliation with NAZA Motor Trading Sdn Bhd and NAZA Consortium Sdn Bhd.”

Malaysian Jekyll and Hyde

20 Signs Your Partner Is Controlling

Unhealthy and dangerous patterns aren’t always obvious.

In my years as a psychologist and advice columnist, I’ve long since learned that stereotypes don’t apply when it comes to controlling partners. Toxic relationships can sneak up on almost anyone. And controlling behavior on the part of a partner knows no boundaries—people of any age, gendersexual orientation or socioeconomic status can be in controlling relationships, playing either role.
Many of us visualize a controlling partner as one who openly berates everyone in their path, is physically aggressive, or constantly makes overt threats or ultimatums. We picture the grumpy bully who belittles every server he or she encounters or commands their partner how to dress from head to toe. While those signs are indeed troubling, there are many additional signs that might show up quite differently.
In fact, some controlling partners are acting out of a sense of emotional fragility and heightened vulnerability, and may perhaps show traits of Rejection Sensitive Dysphoria. Controlling people use a whole arsenal of tools in order to dominate their partners—whether they or their partners realize what’s happening or not. Sometimes, the emotional manipulation is complex enough that the person who is being controlled actually believes that they themselves are the villain, or that they are extremely lucky that their controlling partner “puts up” with them. Whether controlling behavior leads to more severe emotional or physical abuse or not, it is not a healthy situation.
If you notice more than a couple of these signs within your relationship or your partner, take it seriously. (If you are concerned for your safety or want to learn more about possibly abusive relationship patterns, visit thehotline.org.)
1. Isolating you from friends and family. It may start subtly, but this is often a first step for a controlling person. Maybe they complain about how often you talk to your brother on the phone, or say they don’t like your best friend and don’t think you should hang out with her anymore. Or they try to turn you against anyone that you’re used to relying on for support besides them. Their goal is to strip you of your support network, and thus your strength—so that you will be less likely or able to stand up against them whenever they want to “win.”
2. Chronic criticism—even if it’s ‘small’ things. Criticism, like isolation, is also something that can start small. In fact, someone may try to convince themselves that their partner’s criticism of them is warranted, or that their partner is just trying to help them be a better person. Or they may try to rationalize it, saying that it’s not such a big deal that he or she doesn’t like the way they dress or speak or eat or decorate their house and that they shouldn’t take it personally. But ultimately, no matter how individually small a criticism seems, if it’s part of a constant dynamic within your relationship, it would be very tough to feel accepted, loved, or validated. If every little thing you do could use improvement in your partner’s eyes, then how are you being valued as a true equal, let alone loved unconditionally?
3. Veiled or overt threats, against you or them. Some people think that threats have to be physical in nature to be problematic. But threats of leaving, cutting off “privileges,” or even threats by the controlling person to harm herself or himself can be every bit as emotionally manipulative as the threat of physical violence. It is not unheard of for the partner being controlled to feel stuck in a relationship not out of fear that they themselves will be harmed, but that their partner may self-destruct or harm themselves if they were to leave. Other times, a person may be threatened with losing their home, access to their children, or financial support if they leave a controlling or abusive partner (or are left by them). Whether or not the threats are genuine, it is just another way for the controlling person to get what they want at the expense of their partner.
4. Making acceptance/caring/attraction conditional. “I love you so much more when you’re making those sales at work.” “I don’t feel like being intimate with you. But if you keep working out and lose a bit more weight, you’ll be more attractive to me.” “If you can’t even be bothered to make dinner, I don’t even know what I’m getting from this relationship.” “You’d be hot if only you spent more time on your hair.” “If you’d actually finished college, you’d have something to talk about with my friends and wouldn’t feel so left out.” Though some of these examples are more blatant than others, the message is the same: You, right now, are not good enough. It’s the common-denominator theme of many a controlling relationship.
5. An overactive scorecard. Healthy, stable relationships have a sense of reciprocity built into them. It’s inherent that you will look out for each other, and not bean-count every little time you do something to help the other out. If your partner always keeps tally of every last interaction within your relationship—whether to hold a grudge, demand a favor in return, or be patted on the back—it could very well be their way of having the upper hand. And it can be downright exhausting.
6. Using guilt as a tool. Many controlling people are skilled manipulators at making their partner’s own emotions work in the controlling person’s favor. If they can manipulate their partners into feeling a steady stream of guilt about everyday goings-on, then a lot of the controlling person’s work is done for them—their partners will gradually try to do whatever they can to not have to feel guilty. Often this means relenting and giving up power and their own dissenting opinion within the relationship, which plays right into the controlling person’s hands.
7. Creating a debt you’re beholden to. Controlling people may come on very strongly in the beginning with seemingly romantic gestures. But upon closer inspection, many of those gestures—extravagant gifts, expectations of serious commitment early on, taking you for luxurious meals or on adventurous outings, letting you have full use of their car or home when they’re not there—can be used to control you. Specifically, they create an expectation of you giving something in return, or a sense that you feel beholden to that person because of all they’ve given you. This can make it more emotionally and logistically difficult to escape when further warning bells go off.
8. Spying, snooping, or requiring constant disclosure. A controlling partner typically feels that they have the right to know more than they actually do. Whether they keep their snooping secret or openly demand that you must share everything with them, it is a violation of boundaries from the get-go. Perhaps he or she checks your phone, logs into your email, or constantly tracks your Internet history, and then justifies this by saying they’ve been burned before, have trust issues, or the old standard: “If you’re not doing anything wrong, then you shouldn’t mind showing me.” It’s a violation of your privacy, hand-in-hand with the unsettling message that they have no interest in trusting you and instead want to take on a police-like presence within your relationship.
9. Overactive jealousy, accusations, or paranoiaA partner’s jealousy can be flattering in the beginning; it can arguably be viewed as endearing, or a sign of how much they care or how attached they are. When it becomes more intense, however, it can be scary and possessive. A partner who views every interaction you have as being flirtatious, is suspicious or threatened by multiple people you come in contact with, or faults you for innocent interactions because they may be “leading someone on” may be insecure, anxious, competitive or even paranoid. Additionally, when this perspective becomes ingrained within your relationship, they very likely are attempting to be controlling as well.
10. Not respecting your need for time alone. It’s another way of sapping your strength: making you feel guilty for time you need on your own to recharge, or making you feel like you don’t love them enough when you perhaps need less time with them than they need with you. It is natural that two partners may not automatically have the exact same needs in terms of alone time, even if they are both extroverts (or introverts). In healthy relationships, communication about those needs leads to a workable compromise. In controlling ones, the person needing the alone time is made out to be a villain or denied the time altogether, taking away yet another way they can strengthen themselves.
11. Making you “earn” trust or other good treatment. Of course you will trust someone you’ve dated for five years more than you trust the person you’ve been seeing for a month. But some amount of trust should be assumed or inherent within the relationship. For instance, as mentioned, you shouldn’t always have to detail your whereabouts for every moment of every day, nor should your partner automatically have the right to access your email or texts or Internet search history. If trust or even civil treatment is viewed as something you need to work up to rather than the default setting of the relationship, the power dynamic in your relationship is off-kilter.
12. Presuming you’re guilty until proven innocent. Again, a controlling person is often very skilled at making you feel that you’ve done something wrong even before you realize what you did. You may walk in the door to find them already angry about something that they found, thought about, or decided in your absence. And they may keep “evidence” of your wrongdoing to a point that you may feel they’ve got a whole case against you—even if you don’t quite understand it. From where you put their favorite coffee mug to whether you had lunch with a coworker without them knowing, you will always be assumed to have had criminal motives. Why do they do this? To use it as justification for punishing you in some way, or preemptively trying to keep you from making that “error” again—to keep you acting in ways they want you to.
13. Getting you so tired of arguing that you’ll relent. While some controlling people like to exert their influence under the radar, many others are openly and chronically argumentative and embrace conflict when they can get it. This can be especially true when their partner is more passive and the controlling person is likely to triumph in every disagreement that comes up, just because the partner being controlled is more conflict-avoidant in nature or simply exhausted from the fighting that they’ve done. 
14. Making you feel belittled for long-held beliefs. Maybe it’s your faith or your politics. Maybe it’s cultural traditions or your view of human nature. It’s great when our partners can challenge us in interesting discussions and give us new ways of looking at the world. It is not great when they make you feel small, silly, or stupid, or they consistently try to change your mind about something important to you that you believe in. Openness to new experience is wonderful—but a controlling partner doesn’t see it as a two-way street, and only wants you to be and think more like they do.
15. Making you feel you don’t “measure up” or are unworthy of them. Whether by subtly making you feel less attractive than they are, constantly reinforcing their professional accomplishments as compared to yours, or even comparing you unfavorably to their exes, controlling people often want you to feel grateful that you are in a relationship with them. This creates a dynamic where you will be more willing to work harder and harder to keep them and make them happy—a dream for someone who wants to dominate a relationship.
16. Teasing or ridicule that has an uncomfortable undercurrent. Humor and even teasing can be a fundamental mode of interacting within many long-term relationships. The key aspect is whether it feels comfortable and loving to both parties. In many controlling relationships, emotional abuse can be thinly veiled as “I was just playing with you; you shouldn’t take it personally.” And in one fell swoop, not only does the original criticism stand, but now an additional criticism of you having the “wrong” reaction has been levied. And you’re basically being told that you don’t have a right to your own feelings—a classic move by controlling people everywhere.
17. Sexual interactions that feel upsetting afterwards. An abusive or controlling dynamic within a relationship can often make its way into the bedroom. Sometimes things feel wrong even in the moment, but other times it’s a pattern of feeling uncomfortable after the interaction. Either way, when you feel consistently unsettled about goings-on within your sexual realtionship, it’s a sign that something is wrong.
18. Inability or unwillingness to ever hear your point of view. You may notice that you are constantly interrupted, or that opinions you express are quickly dismissed or were never acknowledged in the first place. Perhaps the conversation is always so overwhelmingly dominated by your partner that you can’t remember the last time they asked you a meaningful question about how you were doing and actually listened to the answer. Think, too, of whether you’ve ever tried to give them feedback about how their behavior makes you feel—and whether they’ve actually been able to take it in, or whether they’ve dismissed it out of hand (or perhaps even blamed you for having an invalid opinion.)
19. Pressuring you toward unhealthy behaviors, like substance abuseUndermining your fitness goals, constantly tempting you with cigarettes when you’ve quit, not respecting your decision to only have one drink rather than three—these are all ways that controlling people can try to thwart your attempts to be a healthier (and stronger) person. Since controlling people thrive on weakening their partners, it’s a natural tool for them to use.
20. Thwarting your professional or educational goals by making you doubt yourself. Maybe you always assumed you would go to law school, but now your partner is making you feel your grades weren’t good enough to get in. Maybe you used to have a lot of drive to own your own business, but your partner tends to think of your ideas as silly and you find you’ve lost confidence to pursue them further. Often a controlling partner has a way of using you as a weapon against yourself, by planting seeds of doubt about whether you’re talented or smart or hard-working enough to make good things happen in your life. This is another way they can take away your autonomy, making you more beholden to them—and serving their purposes quite nicely.
Andrea Bonior Ph.D
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Hello Kelantan, Hello Terengganu

SAUDI KATA TAK PUASA TAK DENDA, TAK HENTI NIAGA UNTUK SEMBAHYANG OK TAPI…………


No. 1  No more penalties for people who do not fast 

Peace and mercy of the Lord God be upon you; as per the royal decrees of HRH the Crown-Prince, the Defense Minister, and the vice-president of the ministerial cabinet – may the Lord God protect all of them – and the decision no. 2571 of the cabinet on 18th of Shabaan, 1440 A.H.,

no penalties are to be exacted on those who, in public or in secret, do not fast during the Holy Month of Ramadan

this comes within the framework of respecting human rights as per the Lord God’s divine commands in the Quran and as per the moralistic and humanistic values within the culture of our noble society and within the vision of 2030 A.D. for the Kingdom of Saudi Arabia to achieve more progress and prosperity; 

henceforth, all former decisions contrary to this decree will be annulled once this decree is applied. 

A copy of this decree is delivered to the head of the Saudi religious police. 

Signature: The Defense Minister Abdul-Aziz Ibn Saudi Ibn Nayef Ibn Abdul-Aziz


No. 2  Businesses no need to close for prayers

Saudi Arabia said it will allow some businesses to stay open 24 hours a day, an announcement that triggered puzzlement over whether it was ending rules that require shops to shut for the five daily prayers.

A cabinet decision on Tuesday permitted stores and restaurants to operate all day in exchange for paying a fee, according to the official Saudi Press Agency. The Ministry of Municipal and Rural Affairs will determine the charge, as well as which commercial activities will be affected, it said.

From OutSyed the Box

No children should watch their mother being beaten

MALAYSIA HAS TWO LAWS.
SYARIAH AND CIVIL COURT.

THE ELITES ARE MOSTLY ARROGANT AND SELF CENTERED.
THE ELITES USE THEIR POSITION, MONEY AND POWER TO GET DOGS TO DO THEIR DIRTY TASK.

Pornography may affect your life more than you think

Experts Weigh In On Why People Like To Film Themselves Having Sex.

These days, we are more into recording our experiences than living them. All you have to do is attend a concert, and you will see hundreds if not thousands of cameras raised, capturing the moment, with attendees choosing to see a performance through the screen versus with their own eyes. While we are out recording moments for the gram publicly, we are also recording our intimate moments privately. Now almost everyone has a smart phone, making it super easy to take video or photos of your partner during sex.

“More people are filming themselves having sex with their partner because it is fun,” sex and relationships expert at LoveHoney told Metro.  “Let’s face it, our whole lives are captured on our smart phones, so why not sex, too? Lots of couples get off on watching themselves afterwards on film and having sex again because they are so turned on. And if you are going to dress up in sexy outfits for a session, of course you are going to want footage of the action.”
But if you’re going to engage in some on-camera action, make sure you do it sober and with consent.
“It is not a good idea to get the cameras out with a new partner or someone you don’t trust completely,” Annabelle says.
“Who knows where the footage might end up? You just don’t know who they will be sharing it with. By all means film with someone you trust but on the strict agreement that you both delete the footage in the event of a split.”
Besides the excitement of recording and watching, another sex expert, Stu Nugget from Lelo, says people like to watch each other for self-involved reasons. Basically, it’s a sexual selfie.
“Perhaps we’re all narcissists at heart: we all want to see ourselves as sexual, and by filming ourselves, we can do that literally, over and over again,’ he tells Metro.co.uk. ‘But it’s not a new thing. It’s just masturbating in the mirror for the digital age. There’s something intensely intimate about self-eroticism, and there’s something inherently sexy about watching yourself having sex while you’re having sex. It’s all very meta,” he explained.

How can one boycott Non Muslim Goods with Pig Money?

MALAYSIA TODAY HAS TURNED INTO A TALIBAN NATION BECAUSE THE GOVERNMENT OF THE DAY ARE FILLED WITH DONKEY AND FOOLS.

THOSE WHO CLAIMED THEIR RELIGION IS THE TRUE ONE ARE DONKEY AND FOOLS.

THOSE WHO DO NOT READ THE QURAN ARE DONKEY AND FOOLS.

THOSE WHO READ BUT DO NOT UNDERSTAND THE QURAN ARE DONKEY AND FOOLS.

CAN THOSE DONKEY AND FOOLS NAME ONE COUNTRY THAT DOES NOT USE PIG MONEY TO SATISFY THEIR LUST,

SO WHY IS PIG MONEY OKAY BUT GOODS NOT OKAY, ANYONE??????

A time bomb about to explode

It is not everyday I come across a sick Millionaire who uses money and connection to do his dirty laundry.

This Millionaire can seek the help of the Police anytime, any day to threatened his so called enemies.
Can IGP Abdul Hamid Bador explain how PDRM has become a toy for this Millionaire?

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This Millionaire’s companies are into money laundering and double invoicing.
Can Latheefa Koya explain why MACC is not investigating this?
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Can Lim Guan Eng explain why this Millionaire is given special privileges such as not paying his taxes?
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Can Chief Justice Tengku Maimun explain her relationship with this Millionaire who allowed her Judges to follow this Millionaire’s instruction in all 20 cases?
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Can Gobind Singh the Minister for MCMC explain why he takes instructions from this Millionaire?
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Is it true that this Millionaire is God Son to Mahathir?
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Can AG Tommy Thomas explain the claimed make by this Millionaire’s Lawyer that he can  KOW TIM WITH YOU?
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Can Marina Mahathir explain how this Millionaire ensure SISTER OF ISLAM LOST THEIR CASE RECENTLY?
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Can someone from Istana explain how Agong can be close to this Millionaire personally.
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SEXUALLY TRANSMITTED INFECTIONS

  • Human Immunodeficiency Virus (HIV) and Acquired Immune Deficiency Syndrome (AIDS) …
  • Chlamydia. …
  • Gonorrhea. …
  • Pelvic Inflammatory Disease (PID) …
  • Genital Warts and Human Papillomavirus (HPV) …
  • Genital Herpes (HSV-1, HSV-2) …
  • Syphilis. …
INTERMITTENT EXPLOSIVE DISORDER
Intermittent explosive disorder involves repeated, sudden episodes of impulsive, aggressive, violent behavior or angry verbal outbursts in which you react grossly out of proportion to the situation. Road rage, domestic abuse, throwing or breaking objects, or other temper tantrums may be signs of intermittent explosive disorder.
These intermittent, explosive outbursts cause you significant distress, negatively impact your relationships, work and school, and they can have legal and financial consequences.
Intermittent explosive disorder is a chronic disorder that can continue for years, although the severity of outbursts may decrease with age. Treatment involves medications and psychotherapy to help you control your aggressive impulses.

Symptoms

Explosive eruptions occur suddenly, with little or no warning, and usually last less than 30 minutes. These episodes may occur frequently or be separated by weeks or months of nonaggression. Less severe verbal outbursts may occur in between episodes of physical aggression. You may be irritable, impulsive, aggressive or chronically angry most of the time.
Aggressive episodes may be preceded or accompanied by:
  • Rage
  • Irritability
  • Increased energy
  • Racing thoughts
  • Tingling
  • Tremors
  • Palpitations
  • Chest tightness
The explosive verbal and behavioral outbursts are out of proportion to the situation, with no thought to consequences, and can include:
  • Temper tantrums
  • Tirades
  • Heated arguments
  • Shouting
  • Slapping, shoving or pushing
  • Physical fights
  • Property damage
  • Threatening or assaulting people or animals
You may feel a sense of relief and tiredness after the episode. Later, you may feel remorse, regret or embarrassment.


Club drugs tend to be used by teenagers and young adults at bars, nightclubs, concerts, and parties. Club drugs include GHB, Rohypnol®, ketamine, MDMA (Ecstasy), Methamphetamine, and LSD (Acid).

THIS MILLIONAIRE IS A TIME BOMB WAITING TO DO MURDER.
AND THE PEOPLE HE KNOWS AND PAY FOR THEM TO DO HIS DIRTY TASK ARE MOVING INTO THAT DIRECTION.
THIS MILLIONAIRE MUST BE LOCKED UP FOR HIS OWN GOOD IN A HOSPITAL.
Murdered in Malaysia: The Altantuya Story by [E.S. Shankar]

Telekom Malaysia Rejuvenated?


For much of the last 2 years, pressure on broadband prices going lower were very strong. TM share price was in the doldrums below RM3.00 for the longest time but has since gapped up. Was it due to “good quarterly” figures?




Results:

Telekom Malaysia (TM) reported a net profit of RM114.2m in 2QFY19, +12% YoY on the back of lower operating, net finance and tax costs. An impairment amounting to RM124.6m was recognised in the current quarter following the announcement of price adjustment of its Streamyx services. This was not a surprise as the possibility of provision on its copper network assets. Stripping out impairment and other non operating items, normalised 1HFY19 net profit stood at RM523.2m, beating market forecasts at 60% and 70% of full-year estimates respectively. On a QoQ basis, normalised 2QFY19 net profit fell 23.5% on higher direct and manpower costs. 

Regulatory pressure on TM has subsided where further decline in broadband prices are unlikely going forward. TM aims to gradually phase out its expensive but slow speed Streamyx services, it could potentially incur higher cost and lose further broadband market share to competitors (note that the decline in Streamyx subscriber base is higher than the increase in Unifi base). Meanwhile, the Cabinet has recently approved the RM21.6bn national fiberisation and connectivity plan (NFCP) over a 5-year period beginning this year. This is expected to be utilised to part-finance the deployment of digital infrastructure, particularly in the underserved areas. 


The Rejuvenator

Looking at the price action, and the way EPF has been accumulating, it is likely to be NOT due to just earnings jump to explain the rise in interest. Rumour has it that TM has proposed to the government that it be allocated most of the radio spectrum at 700Mhz, 2300Mhz and 2600Mhz in order for it to be the sole provider of 5G infra.

There are a lot of naysayers who feel that TM may not be the best gatekeeper. I think that proposal may be a longshot at best, but market players seem to think otherwise. I would be guarded on that prospect.

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