Monday, 25 October 2021

BURSA MALAYSIA : YEARS & YEARS

is a song released as a digital download on December 2016 as the third single from Olly Murs fifth album 24 hours.

No we're not at the end 
But we can close 
Maybe once or twice
We got burned 
But we learned 
Not to listen to bad advice

NEVER in my YEARS & YEARS of experience,  have I seen Bursa Malaysia 

Make themselves  look like complete Axx Hxxx's READ:  Bursa orders Serba Dinamik to reveal factual findings on special independent review.

TURNS out,  there was NO such findings TO REPORT. If heads don't roll because of this at Bursa Malaysia,  I really don't know what the guys there have to do to get the SACK.

Sunday, 24 October 2021

PAK Menteri atau Najib Razak Boleh TOLONG rakyat Melaka yang dah beli tiket dari AirAsia X : JANGAN LARI

is  a song if I am not mistaken by the Indonesian all girl group called the Pandoras. The lyrics to this song goes something  like this ;

Pandangannya penuh misteri
Tentu ada, ada saja di mindanya
Takkan kau tahu
Jangan kau lari bersembunyi
Sudah kutahu siapa yang kucari

Basically , Airbus owns more than 75 per cent of the debts and votes which means your vote really doesn't matter.

But there is ONE WAY, for those affected to GET BACK THEIR MONEY : RINGGIT FOR RINGGIT  AND NOT RM10 FOR EVERY RM2000 YOU PAID THE AIRLINE.


With the Melaka election coming soon, I am  sure Najib Razak can use all his influence to ensure that the RAKYAT who bought those tickets are treated in  the same manner as Malaysia Airports.

As we all know

Malaysia Airports is owed RM78 million and they are a SECURED CREDITOR,  which means they get paid in full. 

Don't  you think that you too deserve to be a SECURED CREDITOR?

Apa akan jadi bila Menteri Kewangan adalah seorang : ACTOR

is a single from Michael Learns To Rock,  the Danish Group which was famous in Asia up to the mid 90's.

We all know what happened in the USA, when reality TV actor Donald Trump became the top dog in the White House

Cause he can show you so much
I go to bed and tomorrow again
There's a lot of work to be done
He gives you gold and he will promise you
The whole world will be yours

Memang lah itu janji dia, tapi hakikatnya dia buat dunia kita semua

Which is why I am mighty  confused why Ahiruddin Attan,  the former Business Times Group editor is confused READ : FIVE people will end up as billionaire cronies from our 5G sellout, the rest of us will pay, pay, pay

In Malaysia, reality star or TV actor turned Finance Minister Tengku Zafrul  READZafrul the TV star

thinks that it is a great idea to spend RM11 billion or so on 5G infrastructure,  when the government can actually auction off the 5G spectrum and BRING IN AS MUCH AS RM11 billion INTO ITS COFFERS.

NOW what can the Government do say with RM11 billion?  
Well it can provide A 11 YEAR  BANK WAIVER and fully pay for it for  the B50 group, considering READ : Malaysian banks, APKP budget RM1bil of interest payment waiver for vulnerable B50

Or if the Government  does not want to support the B50 group for 11 years,  it can perhaps use the money to help save the B40 and the rest of us perhaps for the next 6 months with a full waiver.

Saturday, 23 October 2021

AirAsia : Mentari Merah DiUfuk Timur

is the standout single from the standout album of the same name which made SEARCH, the biggest rock band in Malaysia .

Here is a sample  of the 1987 classic ;

Ada yang tertinggal
Setelah terbenam mentari
Ada yang tertinggal
Setelah kering air di kali
Alam telah menyakinkan
Kau mesti pergi

The biggest problem Air Asia is facing , is not one you often read in the financial press either in the print media or even in the portals. 

Some countries are opening up....so WHAT? Where is your prudence? Do we have in place a travel insurance to cover Covid 19?  As far as I know,   the anwser is a HELL NO.

So what's gonna happen to you or your loved ones if you go to say Thailand and get Covid 19? Who gonna pay for the extended stay in Thailand and for the lodging and medical bills?

Definitely  not Santa Claus,  and then there is a question  if your employer will be understanding enough to give you a free pass?

THOSE who are talking about travel  hubs,  better please start talking about travel insurance specific to Covid 19.

That being said AirAsia shares its self is under pressure,  as most are short on the stock.  Some say you can find value at 90 sen,  but others such as the chartist below who has more than 1600 followers say it could be at 40 sen  VIEW : AIRASIA DAMN CHEAP AT 40 SEN


Muhyiddin Yassin: Apa Guna Berjanji

is a song from Puan Sri Saloma,  taken from Tan Sri P Ramlee's 1965 Masam Masam Manis movie.

Muhyiddin Yassin,  our former Prime Minister was quoted yesterday by Free Malaysia Today READ : The Government is considering mandatory vaccinations


First of all, such a statement should either be made by the Prime Minister or the Health Minister and secondly

Apa guna berjanji
Kalau tak ditepati
Kelak meracun hati
Tuan sendiri
Mengigit jari

This is something  you should have done when you were the Prime Minister alongside other stuff which you and your Finance Minister said were not possible such as READ ; Prime Minister Ismail Sabri Yaakob says Government in talks with lenders to help rakyat

Friday, 22 October 2021

AƬrAsia X : Konsumer dah : Kena Check!!!

is a song from the President, Joe Flizzow.   The song I believe was just released this year.

 Going through the Facebook pages set up by AirAsiaX passengers, effected by the debt restructuring exercise, I really pity them because almost 100 per cent of them, do not realise that they have been check mated by Tony Fernandes. 

We in the jet, kita sentiasa jelajah
Worldwide, lawatan sambil belajar
Gang gang, bukan pesanan penajah
Good vibes only living lavish
Keep it 100 that's my average

Started from the basement, tak payah periksa
If you on that basic, nanti kena check.

Your voices actually  DO NOT MATTER  

because no matter how you vote,  the debt restructuring  exercise WILL BE APPROVED. 

The devil is in the detail.  Here is a report the Malaysian press will not report to you.  This report is courtesy  of the Bangkok Post ; Airbus has nearly 75% of the AirAsiaX Debt and a Sweet Deal.

Basically,  this is what the report states ;

1. The entire exercise gives too much power to Airbus as a creditor.

2 . The restructuring is unfair as it writes off 99.7% of claims without offering creditors an equity stake.

3. Questionmarks over AAX's debt calculations, given most of the amount was tied to aircraft orders from Airbus SE that have not been delivered.

4. In other recent restructurings such as Thai Airways International Plc and Virgin Australia, the main creditors have been current financiers, lessors and suppliers, not plane manufacturers based on orders.

I can understand that perhaps NST business  and the Star does not have the personal ,  but the Edge certainly has the smarts to reveal the true story if it wanted to.

Is Tengku Zafrul the Donald Trump of Malaysia? : Give me hope Joanna

is the 1988 smash hit from Eddie Grant,  that broke into the top ten of the UK charts, and with that into the history books as one of the best selling protest song in our time.

Talking about HISTORY,  how many of us remember that Tengku Zafrul, just like Donald Trump owes it to television to reviving their careers.

If Donald Trump had the 2004 APPRENTICE  to thank for, for the revival of the Trump brand that would eventually land him the top job in the White House,  Tengku Zafrul can thank his lucky starts for the 2008 reality show READ; THE FIRM : MADE Tengku Zafrul INTO the TV STAR

Those were the days, when Zafrul was best buddies with Kalimullah Hassan before READ : ROCKYBRU : Zafrul Kena Game Lagi!!!.

Kena game atau tak,  the show did put Zafrul in the lime light, to win some top jobs, which eventually led him to be named by the then BERSATU led government as Finance Minister.

Despite, being the BERSATU choice, Zafrul has managed to hold on and so far has put UMNO Youth in a very embarrassing situation READ :RAKYAT TERDESAK

Got supporters in high up places
Who turn their heads to the city sun
Jo'anna give them the fancy money
Oh to tempt anyone who'd come
Even knows how to swing opinion
In every magazine and the journals
For every bad move that this Jo'anna makes
They got a good explanation

Look no further than TheEdge,  READ ; M Shanmugam says the ERA of free Money is Over
No doubt, the whole article was designed to sway opinion on the PEANUT measures the Finance Ministry has dished out so far. READ : Interest waiver won’t help B50 group that much, says economist

And what about the non B50, what are we to do? Bang  Balls is it?