Poultry business??

Poultry stocks continue run-up on strong earnings
BY LOONG TSE MIN

AFTER a price run-up last week, poultry stocks hogged the limelight again at the start of the trading week yesterday as chicken and duck breeders dominated Bursa Malaysia's top gainers list, led by Leong Hup Holdings Bhd, which surged 35 sen, or 25.93%, to a year high of RM1.70.
Shares of Farm Best Bhd, which runs poultry hatcheries, rose 8 sen, or 3.83%, to RM2.17; while poultry and eggs farmer LTKM Bhd shares - the cheapest in terms of price-earnings ratio - rose 17 sen, or 13.93%, to RM1.39 on a volume of 394,700 shares.
Leong Hup shares gained 30 sen last week while Farm Best shares started this week 26 sen higher than its Friday close.
Emivest Bhd, a duck breeder and controlled by Leong Hup, has also been running up since the middle of last week, surging from 43 sen on Dec 21 to end last week at 51 sen. The counter surged 10 sen, or 19.61% to 61 sen yesterday.
A remisier said the rally in poultry stocks was due to dissipating fears of a bird flu outbreak and the improving performance of poultry companies.
“The results for the poultry sector in the past three quarters have been remarkable,” he said.
In addition, the price of chicken has stabilised. With the 20 sen rise in the ex-farm price per kg of chicken, a standard dressed chicken (with feet, head and liver) is now at RM5.75 a kg, very close to the ceiling price of RM6.
“Prices are unlikely to change further, and the poultry business remains lucrative,” the remisier added.
Elsewhere, the price of poultry feed - the industry's main input - is expected to fall. The global price of corn, which is a main ingredient in poultry feed, has fallen by 20% in the past six months due to a bumper harvest this year, especially in China.
The remisier said poultry stocks had been priced at a discount since 2003 due to bird flu concerns and their current prices did not reflect the potential of the companies.
“Prices have plunged in the past five quarters and the market had been very pessimistic about the industry as a whole”.
He said it was likely that investors were now more aware of the odds of a bird flu outbreak in Malaysia and were beginning to value poultry counters more fairly.

Link

Rich man says..

It's not the money

Every so often, you'll hear this statement being uttered: "Just look at ...(fill in the name here). He's already so rich, already a millionaire yet he's still trying to make some more money. Isn't he a greedy s.o.b.? How much more money does he want?"Personally, I find such questions off-the-mark. For a number of reasons. more

Dream building

Now what the heck is dream building?

It's a term used by some Network Marketers to motivate new members on how to dream high. Dream high!


Some activities in dream building would be:

1. A tour to some bungalows of the rich and famous.
2. A test drive of a sports car at the nearest Mercedez or BMW showroom.
3. A helicopter ride and imagine that you are owning the chopper and everything below.

For example, you could even do this:

http://www.autospies.com/article/index.asp?articleId=6235&categoryId=21

Dream high!

Understanding debts in a global point of view

Third World debt is external debt incurred by Third World countries. (The term "Third World" is still in use, although many prefer less pejorative terms, such as "developing countries", "Majority World" or "global South".)

Unpayable debt is a term used to describe external debt where the interest on the debt exceeds the amount that the country produces, thus preventing the debt ever being paid back. It is considered by some a method of oppression or control by first world countries; a form of debt bondage on the scale of nations.

Odious debt is debt incurred by undemocratic countries and misspent (for example, on armaments or repression of the population) or misappropriated. The debt campaign organization, Jubilee USA notes that, "Odious debt is an established legal principle. Legally, odious debt is debt that resulted from loans to an illegitimate or dictatorial government that used the money to oppress the people or for personal purposes. Moreover, in cases where borrowed money was used in ways contrary to the people’s interest, with the knowledge of the creditors, the creditors may be said to have committed a hostile act against the people. They cannot legitimately expect repayment of such debts."


Link: http://en.wikipedia.org/wiki/Third_World_debt

"Think global, act local"- Annonymous

Shell's Business Scenario

What is Shell's Business Scenario?

Scenario planning is a discipline for rediscovering the original entrepreneurial power of creative foresight in contexts of accelerated change, greater complexity, and genuine uncertainty.
—Pierre Wack, Royal Dutch/Shell, 1984

Link

Visit: www.shell.com

And another interesting report about the business trends of the future, 2025 by Shell:

http://www.shell.com/static/royal-en/downloads/scenarios/exsum_23052005.pdf

And if you'd like to join this good company. Give yourself a chance at

http://www.shell.com/home/Framework?siteId=careers-en

Sources from other media

Jeff Ooi's compilation:

http://www.jeffooi.com/archives/2005/07/the_30_solution.php


TIME Magazine Archives

http://www.time.com/time/asia/2003/mahathir/mahathir900820.html

Multimillion Dollar Industry

"Notwithstanding these notably positive developments, there remain some disturbing trends. Malaysia remains a significant source of production and export of pirated optical discs (CDs, DVDs, VCDs, CD-ROMs, etc.), including what is certain to be a more than doubling of pirate DVD exports leading all around the globe (see table below). Malaysia remains the most significant producer/exporter of pirate optical disc entertainment software in the world. The domestic piracy situation for business software remains bleak, presents difficulties for book publishers, and continues to harm the recording industry, as sound recording piracy began to tick up at the end of 2004.1 The judicial system is marred by substantial backlogs and far too many acquittals. Estimated losses to the U.S. copyright industries in 2004 due to piracy in Malaysia were US$188.4 million. "

Resource:http://www.iipa.com

Complete PDF report, here

Salary guide in Malaysia

Are you earning as much as what the market is offering??

For 2004, click here

For 2005, click here:

Link credits go to Kelly Services.

No regrets. Just continue doing what you are good at. Nothing else matters. But it's good to know where you stand sometimes.

Can you earn RM7000 a day?

RM1.5m paintings hot topic

KUALA LUMPUR: The purchase of three paintings worth RM1.55mil by Malaysia Airlines (MAS) to decorate the chairman's office was to maintain the stature of the place, the Dewan Negara heard yesterday.
Deputy Transport Minister Datuk Seri Tengku Azlan Sultan Abu Bakar said the money came under MAS' current expenditure.
The paintings were a hot topic among members of the Dewan Negara yesterday, besides the hiring of expatriates on high salaries.
Tengku Azlan also clarified that the salary received by MAS senior general manager Chris Andrews of RM7,525 a day was normal, no different from the pay received by any individual who had held the post in the airline.
“If there are any unsatisfactory answers, please come for a briefing on MAS tonight (yesterday),” he told the senators during his winding up of the debate on the 2006 Budget.
Tengku Azlan also said that the appointment of British Airways senior executive Peter Reads as MAS operations director was announced by managing director Idris Jala.
He said the newly appointed managing director would need time and full authority to revive the airline's operations.
“All the problems that have occurred will be studied by the new managing director. That is why he needs time to fix the mistakes that were made in the past,” he said.
Tengku Azlan also stated that as an airline that offered international flight services, MAS did not plan to stop serving alcoholic beverages.
However, he said, alcohol was only served upon the request of the passengers..
Later, when asked by reporters about MAS' current expenditure to upkeep the “status” of its premises, Tengku Azlan said: “That you would have to ask the MAS management.” – Bernama

http://www.thestar.com.my/news/story.asp?file=/2005/12/21/nation/12927196&sec=nation