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Talking About ICON

ICON went limit up for the wrong reasons. Some are saying its because the terms were so convoluted and that not many know how to calculate the capital reduction. PLEASE, this is not your first rodeo, this is not the first capital reduction exercise. You are all supposed to be professional investors or advisors. The limit up was obviously caused by the 50 into one capital reduction. A simple calculation showed that ICON had 2.377bn shares. Divide that by 50 = 47.5 million shares. That must be close to the fewest number of shares listed by a company on Bursa. The complaining parties ARE those who SOLD SHORT unwittingly. Imagine you had 100,000 prior to the ex date. It was trading at 4 sen, you value was RM4,000, and as with 99.9999% of ICON investors, you had lost money already big time. Then you woke up and saw the price going limit up. (0.035 x 50) + (100 × 0.105) ÷ 101 = 0.12 Add the 30 sen limit up, you have 42 sen, today add another 30 sen you have 72 sen. As you can see even at 72..

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Yesterday – Movie Review

You want the movie to succeed. After all its The Beatles. After all, we have Boyle and Curtis helming it. Well, it seems like talented musicians/performers' biopics are the way to go. It is getting a genre of their own. We had Queen, soon to be followed by Rocketman (Elton John), Blinded By The Light (Bruce Springsteen), Janis (Janis Joplin), Judy (Judy Garland) ... see a trend here. However, Yesterday was not really about The Beatles, it was asking the question what if The Beatles never existed. A brilliant coffee shop topic. The movie's premise was simple enough. What if you are the only person who knows about The Beatles and you are an OK battling singer-songwriter. The concept was strong enough. You can cram all the jokes in over what would not exist without The Beatles: Oasis was a given..lol, but some other things I am not so sure. I think the writers had a big problem with how to end the story. It was a bit forced and left many questions unanswered. The nice twist wa..

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Calvin & Hobbes Unadulterated

In a way, most of us are glad that Bill Watterson has shunned all proposals and attempts to commercialize or put Calvin & Hobbes onto the big screen. There are actually no rights given to anything, be it keychains, tee shirts, etc... If you do get some, they are all fakes and just entrepreneurs trying to make a buck off C&H. In a way, our memories are intact in a way that isn't rehashed or regurgitated via new waves of realistic graphics. Calvin & Hobbes stayed true only in our minds and imagination, without anyone showing us how to see, how to feel, how to experience life. Which is why, reading this story is like receiving a long postcard from a very good friend, far far away. Telling us how he is doing. A word of warning if you are a true fan of Calvin & Hobbes, you will cry. A brilliant writer just took a snap of Calvin as he prepares to live his final moments on earth. The story humanizes Calvin and yet made Calvin & Hobbes more than just a figment of our imagination. It is as..

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6 Countries with the Best Healthcare in the World

Most of us wouldn't know this. We take so many things for granted. Read and weep joyfully. This also bodes well for Thailand and Malaysia to continue to prosper as "tourism healthcare hubs". We are very close with Thailand on a competitive scale with cost being a strong factor for both countries. We win on language skills for sure. Need to see more capital being deployed in this growth sector. BEST PLACES By International Living January 22, 2019 6 Countries with the Best Healthcare in the World Healthcare is one of the most important factors potential expats consider before moving abroad and in the right places overseas it’s possible to access world-class care for a fraction of the cost back home. The six countries that take top places in our Global Retirement Index offer retirees first-rate care, the service is top-class–and its affordable. Measuring the quality of healthcare is difficult, and it’s hard to put a number on it. We can, however, put a number on the price of medical..

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Malaysians Flawed Thinking When It Comes To Paying For Local Food

Are we just cheapskates? Why we keep posting on how much some dinners cost as if you are getting ripped off? Is there a Central Bureau of Proper prices For Local Food? I think Soo Kee has the right to charge with whatever they can get away with. Why no one says rm350 pp is expensive at a nice over-decorated pretentious outlet? No like, go home n cook or go to mamak (as if it’s cheap). It’s about time to discard our silly attitude to cap people’s salaries. Why can’t a hawker make rm90,000 a month? We have a weird class n caste mind when it comes to food. Come on ppl. You want another example. This was at Siow Tiow in Klang, better known as Klang Hilton. This was for a table of 9. The food was fantastic. Yes the prices were fantastic too. Everybody knows that they have been around for more than 30-40 years. You go don't complain. Food is not a necessity, they are not a controlled item. There are controlled prices for basic necessities. Anything else, you don't like, don'..

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Why So Angry

The youths in HK are angry. The extradition bill is just a tipping point for tons of dissatisfaction. We, as observers, would generally think a little protest here and here would suffice. I mean, seriously, you are going up against China. Let's not even get into whether there are foreign forces at work here to create chaos. That's too simplistic an excuse to ignore the source of protests at work. We know very well that if a country has a very high level of unemployment or rather a high level of youth unemployment, it is a recipe for disaster. The same goes for when a country has a very high level of poverty, or in this case, middle-class poverty, as I would coin it for HK. Again, will be problematic. HK youths feel that they cannot survive in HK anymore. It no longer belongs to them. Property prices have gone stratospheric, thanks to the very substantive buying by Chinese from the mainland. Lee Kuan Yew, knew very well how to control and motivate the masses. Everyone needs t..

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A Gripping Movie – Top 15 Countries by Total Exports (1960-2018)

Brilliant video. Gripping like a great movie w unexpected developments. Seems like many countries get their day in the sun. You need more than luck. From the video I think the following were the most important differentiating factors among the countries: - they rise if they had strong growing consumer population; - access to and congregations of capital markets activity; - single product boost (petroleum, oil and gas); - advances in sciences and innovation; - structure n rule of law (HK, Singapore, Switzerland); - ease of trading and location of ports; - economic growth strategy; - investment in education You can see all those factors being played out for the last 50 years. It is kind of easy to predict the scenario 5 to 10 years down the road.

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Looking Forward To “The Farewell”

Crazy Rich Asians was outlandish but the story and acting were more than credible for a good movie. Hopefully, it is the beginning of more genuine Asian tales and character complexities by major film studios. It looks like a good trickle from here. The Farewell looks to be a stupendous heart-tugging movie that explores filial piety, a person's right to know, the collective being more important than the individual in Asia, and many more nuanced Eastern philosophies and cultural ways when they clash with Western ways and norms. Review by Melody C If you only had three months left to live, would you want to know? According to The Farewell, it’s common to spare a loved one from a terminal diagnosis in China – and it’s not illegal. The film, “based on an actual lie” from director Lulu Wang’s life, centers on Billi (portrayed by Crazy Rich Asians star Awkwafina), an aspiring writer in her 20s from a middle-class family who emigrated from China to New York when she was just six. Falling..

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The Growing Irrelevance of Hongkong

Is Hongkong people doing the right thing clamouring for universal suffrage and more autonomy? After all, we are almost halfway there to the 50 year of "one country two systems". If I was pragmatic and rules from Beijing, I would allow Hongkong to find its own feet - they will find that they barely have two legs to stand on. Prior to 1997, HK was regarded as the pathway to venture into China. Paramount to that strategy was the ability to rely on Hongkong's rule of law, adhering to global best practices when it comes to accounting reporting and industrial law. The seemingly steadfast independence of the judiciary, ICAC and the police was a strong pull factor as well. The robust capital markets was another drawcard plus the large availability of English speakers and using mainly English as the business language. Are those advantages still apparent? Over the past 10 years or so we have seen Hongkong being more as a recipient of investments and deals/listings from the mainland. It see..

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S.L.O.W.

I think many of you will identify with this post. I was away for nearly 2 weeks and my dog Dali was at my groomer's. Mind you I have been at the same groomer for over 9 years. Plus she has a number of cats and dogs as well under her care. I never had any problems before. When I picked her up, she had been chasing cats at her ripe old age of nearly 11. I was disheartened to see her limping towards me when I picked her up. I know how old she was, she was already limping a little when I left her at the groomer. Now she was nearly dragging her feet. It was heartbreaking, to say the least. My good groomer has put her on a diet for the last few days owing to her joints/arthritis problem. She looked forlorn and like a reluctant Weight Watchers candidate finishing her ordeal. I guess the reason why pet owners feel so attached to their pets is that they have "no one else to depend on". If you chose to have a pet, that is your responsibility. Like a petulant child, there will be times you ..

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