Sunday 13 October 2024

Anthony Loke's mind games, leaves Anwar Ibrahim and Zahid Hamidi stuck between a rock and a hard place.

DAP's immaturity, is often played down when one looks into the reasons why the first Pakatan Harapan Government  fell in 2020 like  Humpty Dumpty.

IT is this lack of street smart maturity,  which some say has made it close to impossible  for READ : DAP’s top leaders to understand the Malay psyche.

ADD the immaturity to a DAP party secretary, whoes reading of the political tea leaves, at very best can be described as BAD.

HOW else, can one explain, that merely a year before Anwar Ibrahim was sworn in as Malaysia's 10th Prime Minister, READ:  : Anthony Loke was leading the charge for PH to look beyond Anwar Ibrahim.

IT looks and feels like Anthony Loke Siew Fook is fiddling  with the premier Anwar Ibrahim, with his recent statement READ : that there won't be an inheritance tax in the coming budget, which is on this Friday.

IT is disrespectful for the transport minister to speak about about what the Finance Minister will or will not say this Friday.

AS party secretary,  Anthony Loke should have addressed the elephant in the room,  READ :  about Sarawak DAP member of Parliament voting against Anwar Ibrahim',if he imposes an inheritance tax.

LIKEWISE, Anthony Loke' s thank you to Zaid Hamidi for READ : for publicly standing up for DAP from attacks from UMNO members, seems immature and disrespectful. 

THE timing of Anthony Loke's statement that the DAP  is working towards a  READ : stepping stone to restore local council elections in Kuala Lumpur, is nothing short of a slap on Zahid Hamidi's FACE.




State of the Nation : Tun Mahathir and Tengku Razaleigh Hamzah

CONTRARY to popular believe,  Tengku Razaleigh was never a target of Dr Mahathir READ : until he got too ambitious, mid way through the game.

THUS  it comes as no surprise, that the duo have separately but jointly trained their eyes on Anwar Ibrahim.

TIME and the timing of the attacks however are against the 'evergreens' of Malaysian politics but the situation is such they know there is a strong possibility the Prime Minister is going to slam dunk Malaysia into a better era in 2025.


TENGKU Razaleigh statement READ : Anwar Ibrahim hasn't been delivering on reforms is definitely a punch below the belly, considering that Anwar Ibrahim and his party's sole ally does not have a two third majority  in Parliament on their own right. 

BUT that doesn't mean Anwar Ibrahim has been sitting in the Prime Minister's seat doing nothing. 

THE Prime Minister has taken up a new role of restructuring Malaysia in the nuts and bolt areas rather than on headline grabbing reforms which would be feeding ammunition for this political foe.

ONLY a reformist Government would make changes to READ : The Audit (Amendment) Bill 2024, which amends the Audit Act 1957 (Act 62).

  WITH the amendments, the National Audit Department will now be able to audit the accounts of any companies that receive financial guarantees from the federation or a state.

BASICALLY , what this means is companies like BERNAS Bhd, the National Rice company under Syed Mokhar better watch their backsides in 2025.

SYED Mokthar knows what's ahead in 2025, just like Anwar Ibrahim knows that without a two thirds majority in his own right, there are rules to the game which even the Prime Minister has to abide to.

TAKE for instance the recent shareholding READ : changes that has been taking place in Media Prima Bhd, which points to having Syed Mokthar's wings being clipped , and the shares eventually  returning to UMNO or Barisan Nasional's treasure Johari Abdul Ghani.

FOR those not in the know, Mariam Prudence Yusof, whoes Leasing Corp Sdn Bhd which now controls just under six per cent of Media Corp Bhd, was a former Bursa Malaysia public interest director back when Johari Abdul Ghani was the Finance Minister 2 in 2017.

SHE also served as a director in few other Johari Abdul Ghani ventures such as in CI Holdings and KUB Malaysia Bhd.

THE risk of ANWAR Ibrahim connecting back with his massive Malay following, which peaked in the 1990's, grows by the day, every day Anwar Ibrahim remains as Prime Minister.


WHICH brings us to Dr Mahathir's interview with READ Sinar Harapan, where the former Prime Minister  did really say anything very negative about Anwar Ibrahim.

I said it before on September 25 2024. Dr Mahathir may never admit it, but his decision some 42 years ago, to find Malaysia a successor was the right one. READ :Anwar Ibrahim has won Dr Mahathir's respect.






Wednesday 9 October 2024

Malaysia's golden crop, shakes off the Indian Blues

Malaysian palm oil is in a good place  despite India's protectionist move to capture the elusive self sufficiency in edible oil. READ :Indian refiners cancel 1,00,000 metric tons of palm oil purchases on duty hike, price rise.

DEMAND for Malaysian palm oil is  expected to be strong  due to the implementation of higher biodiesel mandates in Indonesia. READ: Indonesia currently has a mandatory 35% blend of palm oil-based fuel in biodiesel and is seeking to ramp up to biodiesel containing 40% palm oil to cut its energy imports.

A good place, but not exactly nirvana, because regardless of the issues challenging the nation's golden crop prices arent expected to sail  close to READRM7000 level, seen in 2022 following shock waves resulting from the armed conflict between Russia and Ukraine.

PRICES will likely remain above the RM4000 level over the next 14 months or so. READ : Palm oil prices seen at about RM4,000 a tonne in 2025, says Glenauk Economics

IN a good place because since 2022, oil palm has eaten up all of soya seeds premium over the past few decades.

PREMIUMS were ridiculous, to the extent that there was a time when soya bean was trading some 200 per cent over palm oil.

CRUDE palm oil (CPO) prices have been trading at a premium over soybean oil for eight months. The premium pricing, however, is not sustainable. READ :According to David Mielke, senior analyst and director at ISTA Mielke GmbH (Oil World), premium on CPO prices will normalise in the near future, meaning CPO would be priced at a discount over soybean oil.





Monday 7 October 2024

WiseGuy inside The Corporate Mafia : Who is on trail in the Revenue Group Bhd court case?

WHO is on trail you ask me?  Well the people who lead two institutions of Corporate Governance in Malaysia, should as a matter of public interest be put to scrutiny. 

WHO are they? WELL it's none other than the Minority Shareholders Watchdog Group and Bursa Malaysia .

MINORITY shareholders watchdog group, did the dog catchers, muzzle you and put you in the dog pound?


ESPECIALLY  so, since there was no request on the Bursa Malaysia to state that the individual concerned,  Eddie Ng Chee Siong had requested to trade during the close period ?

AND since the Minority Shareholders Watchdog Group has no interest  to protect the interest of Minority shareholders,  how about Bursa Malaysia then?


IF Bursa Malaysia is afraid of Leong Seng Wui, it should be man enough to tell Malaysia so, rather than pretend that it has seen NO EVIL.

Friday 4 October 2024

State of the Nation ; In Anwar Ibrahim's Madani

 wind of disconnect  has been silently sweeping into Anwar Ibrahim's MADANI, which has promised the masses a prosperous Malaysia with a soul that is respectful, trustworthy and compassion.


CRIES by the masses directly to the Government however has fallen unto empty laps and ears that are deaf.

THE Prime Minister, should get his staff to understand the comments coming out from investments forums such as i3investor and KL Screener from the public for action to be taken against the Corporate Mafia and its superstitious henchman Leong Seng  Wui.

ITS not yet a tsunami, but it's heading in that direction, as some investors are fed up why apart from talk not , the likes of Kenneth Vun Yun Liun and Leong Seng Wui haven't been caged in a prison cell.

I am unsure if the Prime Minister's inner circle is aware, that key figures in UMNO Youth have been silently and diligently monitoring  what's been taking place in another Corporate Mafia offshoot ; Quantum Metal. 

WHEN they decide to go public, the outcome will be embarrassing to the Prime Minister and his deputy Prime Minister from Perak.

WHAT is being cooked, has actually very little to do with Anwar Ibrahim or Zahid Hamidi, but has a lot to do with whom Tengku Zafrul keeps company with as well as yet another red flag on Fahmi Fadzil's non performing role as information Minister.

MATRADE, hosting Quantum Metal on governance has been  manipulated without a rebuttal VIEW : that the government is working with Quantum Metal, a company which haven't return even the principal to depository for ten months running.

THAT hasn't stopped nor faced any challenges from Fahmi Fadzil's ministry that READ: Quantum Metal to go global with MATRADE

TO make matters worst, and dent the Prime Minister Madani framework, ACO Gold a  firm controlled by the Government is said to be in bed with Quantum Metal.

ACO Gold leads directly to Abdul Fattah Abdullah,  the deputy permanent chair of  UMN0.





WiseGuy inside The Corporate Mafia : Who is on trail in the Revenue Group Bhd court case?

CAMOUFLAGE, is the use of any combination of materials, coloration, or illumination for concealment, either by making animals or objects hard to see or even dissappear from the scene.

CAMOUFLAGE, things are never quite the way they seem, when they is too much and so much at stake.

IF it was merely isolated to Revenue Group Bhd,  one can give Bursa Malaysia, the Securities Commission  and Bank Negara Malaysia the benefit of the doubt.



BURSA is muted. The person involved in the SMI confusing on and off privatisation is Francis Leong Seng Wui.

BANK Negara Malaysia fines READ :Agro bank more than RM600,000 on AMLA violations.


CLEARLY  market requlators are seen to be giving Francis Leong Seng Wui preferences and a huge benefit of the doubt...which brings us to the question.

HOW come the MACC has not arrested and charged Francis Leong Seng Wui..when it has charged two people for registration of one Vellfire








Wednesday 2 October 2024

MMAG Bhd, Whoes Your Daddy, buddy?

I told you so, many times  repeatedly  that MMAG Bhd, supposedly a saviour of Sri Lanka's rat infested airline, couldn't save itself even if it's life depended on it.



NEVERMIND what I said, but here is what MMAG Bhd's auditor Messrs Grant Thornton Malaysia PLT has to say.

THE auditors said MMAG's shareholders’ equity on a consolidated basis is 50 per cent or less of its issued share capital calculated based on the unaudited financial results of the Company as at 30 June 2024.

BASICALLY,   the auditors are concern that MMAG will be able to operate as a growing concern, which means the supposed saviour of Sri Lanka Airlines will need saving as a GN3 Company, with the artificial CONVERSIONS of MMAG WARRANTS into mother shares this year being it's only saving grace since the business itself has nothing to show.

THE MMAG announcement  can be read by clicking HERE