Nooruladha’s Weblog

Result is in. Those who select Arsenal players (Fabregas especially) will get max point. The rest tanked. You get result from unexpected players, like Shawcross, even Jason Koumas.

http://1-million-dollar.blogspot.com/2009/07/stock-pick-pelikan-july-2009.html

http://1-million-dollar.blogspot.com/2009/05/stock-pick-pelikan-may-2009.html

http://1-million-dollar.blogspot.com/2009/03/stock-pick-pelikan.html

The above saying supposedly comes from a saying of Prophet Muhammad s.a.w. Here is not the debate of its authenticity, so just leave it there. Regardless, this saying is quoted multiple times, leading muslim, especially Malays in Malaysia to get involved in business. Which is a good thing.

My reference of Islamic debate regarding “halal” banking system and business system has always been zaharuddin.net.

Having said that, one thing Muslim in Malaysia is lacking is the type of business that they usually called “real business”. There are already plenty of people selling ebooks, ways to get rich from MLM, to ASB business investment. You can bet that any investment scheme is mushrooming in Malaysia. For example, I just recently wrote some feedback on the gold-investment hype in Malaysia. Before this, it was the MLM hype, which has seemed to get saturated and fizzled out. Before I went oversea, the Maybank loan-ASB investment was the hype. I dont know the status now.

All of these investments are the type of no-real hardware investment. What are we really lacking are business such as mechanic shops, retail shops, saloon, hardware stores, convenience store, even ice cream shops. Even the pirated DVD stalls are mostly non-muslim. What I am trying to say is, if we put so much effort in creating this ” soft ” business, why cant we set up real business.

Why is it important to have such business?

1. Malaysia needs a lot of small business in order to absorb unemployment. Here in the Aussie, their government has a lot of incentive for small business, such as tax exempt for financial year, tax exempt for business car purchase, a lot of goodies. Here is the real wealth, if one business survived or created, a multiple of people still have jobs, which in turn these people will spend the money and services. The movement of money will create more business, etc etc.

2. Small company tends to fulfil the halal requirement for a business transaction. Which is, if you want to buy, you must exchange money and goods at the very instant to avoid fraud.

3. More choices for the consumer.

4. Certain businesses are the strategic halal initiatives which Muslim should have. For example, we need halal meat, segregated saloon for muslim women, halal food stalls, halal food products. Even the basic necessity are not in Muslim hand.

Anyway, personally I believe business as a whole creates wealth for the whole community. Business frees the standard limitation faced by any employed person, especially government servant. The energy

It has been a while since I wrote anything here. Im just busy with life, and I cant really focus on my investment. Anyway, it’s good to be back.

Since last year, my investment in share has been very bad. Ive lost almost 50% of my share value. Off course Im heart broken, and broke at the same time. But it made me realize what a bloke I am, Im a newbie, I cant be really expected to profit handsomely everytime.

So, after long and careful thinking, I feel that it is best for me to let all my stock to ride. But, on the same time, I will be saving a lot of money first, try to buy same share at the end of this year.

Litrak – buy price 3.02 lot 1100

Current price – 3.22.

Supposed Cash Distribution – 0.93.

Full Valued Sell – 3.95.

Airport is not down at all. People know it is a good cash cow counter

Mamee is down 10c since last i check, but not yet attractive enough.

Litrak is down 74c since last time, and indeed very attractive, what with the latest news.

Back in College, in the final semester or something, I used to write story because, well, I had plenty of time to do so. That’s right, as lame as it sounds, in between serious counter strike gaming, course work, and plenty of late night tvs, I found time to write something. I never write a lot, but I might need to recover some of the file from friendster so that maybe I can reminisce back the old days. Yeah well, people write because  a lot of reason, I just wanted to let out some of the creative juice, or to pour out my heart over something, or something.

I am thinking to restart this genre of 21- word story, but something related to me and investing story.

That would be awesome:!

Picking up from http://whereiszemoola.blogspot.com/2008/07/investment-lessons-we-can-use.html,
, this is an interesting article putting us in scope. The articles boils down on personal advice for novice like me!

The pertinent question to ask is, should I quit, knowing my wit, investment ideas and skills is no match against the like of professionals, a team of analysts who might have graduated cum-laude from their alma mater, who probably can spot a statistical shit out of their asses by just looking at a graph. Me, i learnt from books and internet, and probably doesn’t understand most of term.

The only advantage I have is business point of view that I accumulated over the year. Not to say I understand business world, which is a cut-throat as it is, really that much, but what I understand is a good business is  a business that sells their things well with good price. Well, Buffett always talk about “circle of competence”, so I believe by understanding the nature of business, and its management, I can safely invest in those business. To me, the best business is food product, where no matter what happens, people still eat. Accounting-wise, I am not that good, and I leave it at that. It is a defect on my side, and I believe as my money goes bigger, I will need to start looking into some classes.

Regardless, driving back at the original question, I don’t think so I will be available to beat the market, in the short run. I don’t think so I can beat the analysts either. So, why bother investing? I think it is the game itself, but for me, it is a dream of making money. They talk about diversification, for idiot like me. It is true that I must invest some in the mutual fund, or maybe in some gold investment. The drawback is diversification is good but the rate of return is lower.

The answer is I should not quit, and over time, I must start educating myself more. And I’m sure there are a lot of investors and traders, professional ones, are laughing because there is another sucker out there.

The other way is to start having more exposure in unit trust, gold saving and FD, and less in the stocks, so that the net gain is well, a positive net.