Wednesday, 25 May 2022

The Story of DNB will Be Told : Part 25: Jadi Apa Yang Ku Inginkan

is a track from the 2009 debut album ,  (My First Love) of Vierra,  a power pop quartret  who met on FRIENDSTER,  then the world's dominant  social networking site,  formed a band which would gone to sell more than nine million copies of their debut album.

VINCENT Tan Chee Yioun made more than  RM2 billion in profits by merely selling two of his companies. He has been  hailed for his brilliance, though some say, his lack of patience and a quick exit,  has been the tycoons undoing.


THE QUICK EXIT syndrome seems to  have now hit U MOBILE.  VIEW:  U mobile takes down its 5G page, that had stated it is going to roll out 5G,

5G, with Digital Nasional Bhd, and the advantages of first movers movement that comes with 8t is perhaps Vincent Tan's fourth and final shot  being truly great instead of just being very good.




Jadi apa yang ku inginkan
Mengapa oh mengapa dirimu
Penuh dengan rasa bimbang
Tak perlu kau pergi tuk mencari
Mencari arti ..



DESPITE his success and  wealth,  Vincen Tan, could have been much more and can be much more .....


Back in 2010,  there were two English clubs for sale, namely Leicester City and Cardiff City  and Vincent Tan who in 1999 his stake in Digi , only to see the company  thrive READ : By 2014, Digi was ranked among the top 100 most innovative companies in the world.

AT about the same time,  back in 2010 Vincent Tan , had abandoned  plans to list FRIENDSTER ,  and instead sold it to Facebook,  who would then go on to break all records and go on to be today the 8th most valuable company on earth with a capitalisation of more than  US$500 billion.




NOTHING MUCH TO WRITE HERE.  FACTS speak for themselves 

Wee Ka Siong : Selamba Aje Macam Sardin (Okey)


is a track taken from  the Samurai album released in 1998 by XPDC,  the biggest rock band by sales in Malaysia,  at that point of time.



WEE Ka Siong seems to have changed his tune. READ : Wee: E-hailing licences can be revoked if price infringements found.


CAN  Wee Ka Siong do it again?  BERIKAN rakyat halwa untuk telinga  ie to give  working class Malaysia ,  what they want to hear and then absolutely  FAIL THEM.

Kau sendirilah mau ingat
Muka kau macam musibat.. hey
Kau punya cakap tak serupa bikin
Selamba aje macam sardin
Macam tak salah tak ada apa
kira dah ok....



DID  working class Malaysia get their money back or did we all get  a forced haircut by AirAsia,  while Wee Ka Siong's  Mavcom took us all for fools.

CONSIDER  this around the same time Mavcom,  was taking big  that it will take action,  hence be a hero,  one of Malaysia's  top legal firms Skrine  had this to say.




.

Tuesday, 24 May 2022

Vincent Tan leaves Celcom, Maxis and Digi: Sabotage , It's You and not ME

is  a song from Masked Wolf and  Bebe Rexha with a  little help from Eminem.  The song  hit the top 5 in the USA, Spain, Belgium,  Germany and Australia 


VINCENT Tan has broken the brotherhood of  four delinquent  telcos  who had attempted a coup against Prime Minister Ismail Sabri  and   his SPV  Digital  Nasional Bhd ,  that will bring 5G to rural Malaysia .


It's like you wanna cross wires just to cut 'em off
It's like you made the metal just so you can see the rust
Like you want the, tick-tick, boom, just to self-destruct
And I ain't sitting here waiting for you to detonate

ON U Mobile's page VIEW;  5 G is HERE..  Looks like the rebel three will surrender  before the week is over.

Securities Commission & EPF : Where's Your Mama Gone ?

is  a  classic from  Scotland's  Middle of  The Road, armed  with a slew of top ten hits, were seen in the early 1970's  as the chosen ones  to be the dominant voice of pop music of that era,  until a Swedish quartret by the name of ABBA showed up


IN the case of SERBA DINAMIK,  the impression that I get is  we are harping on  the wrong set of people ie the main drivers of  the company.   


Where's your Mama gone
Little baby, Don?
Where's your mama gone?
Far, far away
Far, far away-ay-ay-ay-ay

Where's your papa gone
Little baby, Don?
Where's your papa gone?
Far, far away

Far, far away-ay-ay-ay-ay

WE should start with the Securities Commisson  and Bursa Malaysia,  especially the people who were on  the initial public offer panel. 

SOMEONE  should ASK the people at the Securities Commision  and Bursa Malaysia,  how did Serba Dinamik  get listed despite having 

 negative owners earnings since 2013 ?

The whole concept of owner earnings designed and perfected by Warren Buffet gets straight to the point,  that actually matters,  namely how much cash falls into the business owner’s pockets.

Net income and EPS is all very nice under accounting principles, but the actual Riinggit value that the business owner receives at the end of the day/month/year is much different.

This is why Buffett calls it owner earning.  So basically if the owner earning is negative every year,  one can safely  say,  either company not making profits at all or very very thin profits.




ONE assumes, that EPF did so in the name of good governance. If indeed that is the case then EPF,  must in the name of good governance  tell the world what it has done with the remaining 4.9 per cent in Serba Dinamik?


THAT, to me in itself is  BAD GOVERNANCE 






Monday, 23 May 2022

Wee Ka Siong ; Bawa dia Jauh Jauh, Sudah Jangan Balik Balik

is a deut between Anggel and  Ferbrian Sapulete, which  was a massive hit in late 2020,  with the follow through remix version  providing the song a fresh booster  to dominate early 2021.


BAWA DE JAUH JAUH, SUDAH JANGAN BALE BALE, is what many would want to see,  when it comes to Wee Ka Siong as Transport Minister.



Diamkan semua
Tak mungkin sa kan mampu
Lewati semua
Sio sa membisu
Mana janji itu yang dulu
Sio manis memang
Ko pu janji palsu
Bawa de jauh sudah
Jangan balik balik
Mo bagaimana lagi
Kalau su tapele


WEE Ka Siong is extremely  unpopular among the masses here is because he is seen as a friend of big businesses as well as having competency issues.


AND indeed these big businesses  are stepping on the heads, of we the little people under Wee Ka Siong's watch. READ : Wee Ka Siong justifies increase in fares, states E-hailing operators can set their own fares.

INDEED , the rakyat has a fixed perception  that Wee Ka Siong incompetently didn't do much to styme a similar hike  in  airfares until he was SHAMED into action. 





RARELY,  in Malaysia will a fellow minister publicly  demand his collegue to get his act together,   WEE KA SIONG IS AN EXCEPTIONAL CASE.


EVEN, those outside of Malaysia,  it seems are not happy with the priorities of Wee Ka Siong,  with the latest being READ ;  Indonesia, with its consular openly stating Malaysia’s cabotage policy hindering trade.

PREVIOUSLY ,  some of  the world's biggest Billion dollar capitalised companies  such as Google, Amazon and Facebook have READ : written to meet Prime Minister Ismail Sabri on changes made by Wee Ka Siong to the national cabotage policy.







Minority Shareholders WatchDog Group, Are You : Jungle People?

is  a  song from an era long gone that lives in fleeting distant memories.  Taken  from the 1976 album of the same name,  the song is the Liberian group,  Soulful Dynamics  most recognizable piece of  music in  this part of Asia.


CONSIDER  this, theoretically  the  likes of  Axiata,  Maxis  and Digi  can  end up with zero  stake in Digital  Nasional  Bhd. READ : MoF holds telcos to June 30 deadline for 5G, private equity firms circle DNB for potential stake



WORST the trio along side U Mobile can  end  up with no 5G bandwidth  to provide its cellular users  with 5G services if  they do not eat humble pie.

In the world that we belong
We sing a happy song
In the evening when the moon
When the moon begins sunshine
It's a boring time

HOW will such madness by the trio enhance minority shareholders value? Are  minority shareholders powerless to stop this madness from continuing?



IF so,  what are the recourse's available to Minority Shareholders and  what are the processes involved  to turn such plans into bonafide actions work

CAN the  happy people at the Minortity Shareholders WatchDog do job they are paid to do,  that being to educate minority shareholders of their options in order to prevent gross abuses of POWER.

.


Abdul Jalil Abdul Rasheed, are you: Tuff Enuff!!

is the sole top ten hit for the Austin, Texas formed Fabulous Thunderbirds,  which also earned the Blues group  a 1987  Grammy  nomination  for Best Vocal by  a duo or group.


TUFF Enuff ? IS Abdul Jalil Abdul Rasheed tuff  enough?  Can  the guy take the heat?  or is  here just a  Twitter Bully ?


Put out a burning building
With a shovel and dirt
And not even worry
About getting hurt
Ain't that tough enough
Ain't that tough enough

ABDUL Jalil Abdul Rasheed mocks UMNO President Zahid Hamidi,  who has a reputation of being a hot headed guy in his younger years. READ : I need Zahid Hamidi to help negotiate my next employment contract. Clearly I’m doing a poor job.

WE may never know if Abdul Jalil Abdul Rasheed is doing a poor job or a  good job,  as  the guy had a reputation of  :  A  Quiter.


FOR a guy who claims he quit as  Permodalan  Nasional Bhd because READ :He could not take the pressure ie hate mails, hacked LinkedIn accounts, although reports suggest that Abdul Jalil had issues with his CV   ,   ABDUL Jalil Abdul Rasheed,  it seems have grown some TWITTER  TESTICLE !!!!