Thursday, 13 February 2020

As the light begins to intensify...

So does my misery, and I wonder how it is possible to hurt so much when nothing is wrong.

Friday, 31 January 2020

Public Mutual declares over RM64m worth of distributions for five funds

EDGE KUALA LUMPUR (Jan 31): Malaysia's largest private unit trust company, Public Mutual Bhd, which is also a wholly-owned unit of Public Bank Bhd, has declared distributions amounting to more than RM64 million for five of its funds under management.

The funds are: Public Money Market Fund (a gross distribution of 5 sen per unit), Public Enhanced Bond Fund (4.25 sen per unit), Public Index Fund (1.50 sen per unit), Public Islamic Optimal Growth Fund (0.50 sen per unit) and PB Dividend Builder Equity Fund (0.40 sen per unit).

In a statement today, Public Mutual said the Public Index Fund and Public Enhanced Bond Fund are open for EPF Members Investment Scheme, while the Public Series of Funds are distributed by its unit trust consultants.

As for the PB Series of funds, they are distributed via Public Bank branches nationwide.

As at end-December 2019, Public Mutual was managing funds totalling RM86.6 billion.

Besides 140 unit trust funds under management, Public Mutual is also an approved private retirement scheme (PRS) provider that is managing nine PRS funds.

2 FLIGHTS

China sends two flights to bring back Wuhan citizens from Thailand and Malaysia

SHANGHAI (Jan 31): China's aviation authority has dispatched two Xiamen Airlines flights to bring back Wuhan citizens to the Chinese city from Bangkok in Thailand and Kota Kinabalu in Malaysia, it said on its website on Friday.

Wuhan, the epicentre of a fast-spreading virus that has claimed the lives of over 200 people, is in a virtual lockdown as authorities try to contain the spread. - REUTERS

Wednesday, 29 January 2020

Wuhan Coronavirus

According to Nomura, the economic impact of the coronavirus outbreak is expected to spread to Asean, with Singapore and Thailand among the most vulnerable.

“Overall, we reiterate our view that there are downside risks to our 2020 growth forecasts due to the 2019-nCOV outbreak, particularly in Thailand and Singapore,” it adds.

Monday, 27 January 2020

OIL MATTERS

U.S. Energy Information Administration’s (EIA) forecasts that the Brent crude oil spot price will average US$65 per barrel (b) in 2020 and US$68/b in 2021 and that the West Texas Intermediate (WTI) spot price will average US$59/b in 2020 and US$62/b in 2021.

“Slower global growth, even with an agreement on de-escalation of the trade war between the U.S. and China, could mean slower oil demand in 2020,”- Institute of International Finance
Crude oil prices: Brent Crude 2014-2021 Crude oil prices: Brent Crude 2014-2021

Published by M. Garside, Jan 16, 2020


Brent crude oil is forecast to have a price of 67.53 U.S. dollars per barrel in 2021. Also known as Brent Blend, London Brent, and Brent petroleum, Brent Crude is a crude oil benchmark named after the exploration site in the Brent oilfield in the North Sea. It is a sweet light crude oil but slightly heavier than West Texas Intermediate. In this context, sweet refers to a low sulfur content, and light refers to a relatively low density, when compared to other crude oil benchmarks.


Brent crude oil prices


It is no secret that oil prices are volatile. The price for Brent crude oil stood at an average of 64.36 U.S. dollars per barrel in 2019. Annual average prices were the highest on record in 2012, at 111.63 U.S. dollars per barrel. By 2020, it is forecast that it will fall to 65 U.S. dollars per barrel. However, compared to Brent Crude’s average 2016 price of 43.74 U.S. dollars per barrel, the price has recovered reasonably well since the oil glut that occurred between 2014 and 2017.

Wednesday, 1 January 2020

Practice Note No. 17

As at Dec 31, 2019, there are a total of 23 companies under PN17, representing 2.5 per cent of the total number of 929 companies listed on Bursa Securities.

Companies under PN17 are: 

APFT Bhd, Asia Media Group Bhd, Barakah Offshore Petroleum Bhd, Berjaya Media Bhd, Bertam Alliance Bhd, Brahim’s Holdings Bhd, China Automobile Parts Holdings Ltd, Comintel Corporation Bhd, Daya Materials Bhd, EKANoodles Bhd, FSBM Holdings Bhd, Iqzan Holding Bhd (formerly known as Ire-Tex Corporation Bhd). Kinsteel Bhd, London Biscuits Bhd, Lotus KFM Bhd (formerly known as Kuantan Flour Mills Bhd), MAA Group Bhd, Malaysia Pacific Corporation Bhd, Multi Sports Holdings Ltd, Perisai Petroleum Teknologi Bhd, Scomi Group Bhd, Seacera Group Bhd, Sumatec Resources Bhd and TH Heavy Engineering Bhd.

Monday, 30 September 2019

Free TV Channels


ASTRO "Thank you for voting us as the Brand Of The Year! Enjoy complimentary viewing of all shows on Astro and Astro GO from 29 September to 13 Oct 2019."

Free! Free!  It's also best-suited to those who are just looking to watch something and don't have a specific show they need to see. Getting free channels for 14 days and saving money go hand in hand.

We just sat in front the TV screen. Not a single voice of discontent was heard, not a muffled under the breath sigh, no shifts in the seats. 

Ha ha ha.

Thank you, ASTRO.


Monday, 23 September 2019

HOT NEWS

British tour operator Thomas Cook collapsed Sunday night, stranding hundreds of thousands of travelers and putting 21,000 jobs at risk. The company said in a statement that its board "concluded that it had no choice but to take steps to enter into compulsory liquidation with immediate effect" after talks on a financial rescue failed. 

The company was formed on 19 June 2007 by the merger of Thomas Cook AG and MyTravel Group. The group operated in two separate segments: a tour operator and an airline.Chinese investment management group Fosun, bought into the UK travel group in 2015 and was its largest shareholder with an 18 per cent stake. 

Thomas Cook was listed on both the London Stock Exchange and the Frankfurt Stock Exchange. The company ceased trading on 23 September 2019 after being declared financially insolvent. 



As the light begins to intensify...

So does my misery, and I wonder how it is possible to hurt so much when nothing is wrong.