Kiara Designer Suites, the newest development in the upmarket address of Mont’Kiara. Located on 3 acres of prime, freehold land, Kiara Designer Suites’ majestic 29-storey tower block holds a total of 324 suites, with an additional 14 cabana suites located at its recreational deck level. Unit sizes range from 1,088 sq. ft. to 1,428 sq. ft. With its stylish architectural design, modern landscape and array of fashionable features, you are bound to be accorded an easy and enjoyable lifestyle, here at Kiara Designer Suites.
Enclosed a video recorded a property there for sale at RM 620K o.n.o.
More Info, Call: +6012-2126667 Stanley
Wednesday, May 28, 2008
Tuesday, May 27, 2008
George Soros: rocketing oil price is a bubble
By Edmund Conway, Economics Editor
Last Updated: 12:53am BST 27/05/2008
Speculators are largely responsible for driving crude prices to their peaks in recent weeks and the record oil price now looks like a bubble, George Soros has warned.
The billionaire investor's comments came only days after the oil price soared to a record high of $135 a barrel amid speculation that crude could soon be catapulted towards the $200 mark.
In an interview with The Daily Telegraph, Mr Soros said that although the weak dollar, ebbing Middle Eastern supply and record Chinese demand could explain some of the increase in energy prices, the crude oil market had been significantly affected by speculation.
Telegraph TV: George Soros on oil prices
"Speculation... is increasingly affecting the price," he said. "The price has this parabolic shape which is characteristic of bubbles," he said.
'We face the most serious recession of our lifetime'
The comments are significant, not only because Mr Soros is the world's most prominent hedge fund investor but also because many experts have claimed speculation is only a minor factor affecting crude prices.
Oil prices stalled on Friday after their biggest one-day jump since the first Gulf War earlier in the week.
advertisement
At just over $130 a barrel, the price has doubled in around a year, causing misery for motorists and businesses.
However, Mr Soros warned that the oil bubble would not burst until both the US and Britain were in recession, after which prices could fall dramatically.
"You can also anticipate that [the bubble] will eventually correct but that is unlikely to happen before the recession actually reduces the demand.
"The rise in the price of oil and food is going to weigh and aggravate the recession."
The Bank of England recently warned that soaring energy and food costs would push inflation above its target range for most of the next 18 months, making it more unlikely that it will cut borrowing costs soon.
Mr Soros warns Britain is facing its worst economic storm in living memory, dwarfing those of the 1970s and early 1990s, with a housing slump and serious recession.
He said: "The dislocations will be greater [than in the 1970s] because you also have the implications of the house price decline, which you didn't have in the 1970s."
The warning undermines predictions that Britain will suffer only a brief and relatively painless recession, unlike the precipitous dives of previous years.
Mr Soros also warned that the Bank's inflation report represents a "Faustian pact", obliging it to keep interest rates high to control inflation, even as the economy is starting to slump.
"You had the nice decade," he said. "Now that is over and you are in a straitjacket."
Last Updated: 12:53am BST 27/05/2008
Speculators are largely responsible for driving crude prices to their peaks in recent weeks and the record oil price now looks like a bubble, George Soros has warned.
The billionaire investor's comments came only days after the oil price soared to a record high of $135 a barrel amid speculation that crude could soon be catapulted towards the $200 mark.
In an interview with The Daily Telegraph, Mr Soros said that although the weak dollar, ebbing Middle Eastern supply and record Chinese demand could explain some of the increase in energy prices, the crude oil market had been significantly affected by speculation.
Telegraph TV: George Soros on oil prices
"Speculation... is increasingly affecting the price," he said. "The price has this parabolic shape which is characteristic of bubbles," he said.
'We face the most serious recession of our lifetime'
The comments are significant, not only because Mr Soros is the world's most prominent hedge fund investor but also because many experts have claimed speculation is only a minor factor affecting crude prices.
Oil prices stalled on Friday after their biggest one-day jump since the first Gulf War earlier in the week.
advertisement
At just over $130 a barrel, the price has doubled in around a year, causing misery for motorists and businesses.
However, Mr Soros warned that the oil bubble would not burst until both the US and Britain were in recession, after which prices could fall dramatically.
"You can also anticipate that [the bubble] will eventually correct but that is unlikely to happen before the recession actually reduces the demand.
"The rise in the price of oil and food is going to weigh and aggravate the recession."
The Bank of England recently warned that soaring energy and food costs would push inflation above its target range for most of the next 18 months, making it more unlikely that it will cut borrowing costs soon.
Mr Soros warns Britain is facing its worst economic storm in living memory, dwarfing those of the 1970s and early 1990s, with a housing slump and serious recession.
He said: "The dislocations will be greater [than in the 1970s] because you also have the implications of the house price decline, which you didn't have in the 1970s."
The warning undermines predictions that Britain will suffer only a brief and relatively painless recession, unlike the precipitous dives of previous years.
Mr Soros also warned that the Bank's inflation report represents a "Faustian pact", obliging it to keep interest rates high to control inflation, even as the economy is starting to slump.
"You had the nice decade," he said. "Now that is over and you are in a straitjacket."
Sunday, May 25, 2008
Warren Buffett Biography
The Story of Berkshire Hathaway's Billionaire Chairman
Warren Buffett is Born
Warren Buffett is Born
Warren Edward Buffett was born on August 30, 1930 to his father Howard, a stockbroker-turned-Congressman. The only boy, he was the second of three children, and displayed an amazing aptitude for both money and business at a very early age. Acquaintances recount his uncanny ability to calculate columns of numbers off the top of his head - a feat Warren still amazes business colleagues with today.
At only six years old, Buffett purchased 6-packs of Coca Cola from his grandfather's grocery store for twenty five cents and resold each of the bottles for a nickel, pocketing a five cent profit. While other children his age were playing hopscotch and jacks, Warren was making money. Five years later, Buffett took his step into the world of high finance.
At eleven years old, he purchased three shares of Cities Service Preferred at $38 per share for both himself and his older sister, Doris. Shortly after buying the stock, it fell to just over $27 per share. A frightened but resilient Warren held his shares until they rebounded to $40. He promptly sold them - a mistake he would soon come to regret. Cities Service shot up to $200. The experience taught him one of the basic lessons of investing: patience is a virtue.
Warren Buffett's Education
In 1947, a seventeen year old Warren Buffett graduated from High School. It was never his intention to go to college; he had already made $5,000 delivering newspapers (this is equal to $42,610.81 in 2000). His father had other plans, and urged his son to attend the Wharton Business School at the University of Pennsylvania. Buffett stayed two years, complaining that he knew more than his professors. When Howard was defeated in the 1948 Congressional race, Warren returned home to Omaha and transferred to the University of Nebraska-Lincoln. Working full-time, he managed to graduate in only three years.
Warren Buffett approached graduate studies with the same resistance he displayed a few years earlier. He was finally persuaded to apply to Harvard Business School, which, in the worst admission decision in history, rejected him as "too young". Slighted, Warren applied to Columbia where famed investors Ben Graham and David Dodd taught - an experience that would forever change his life.
Ben Graham - Buffett's Mentor
Ben Graham had become well known during the 1920's. At a time when the rest of the world was approaching the investment arena as a giant game of roulette, he searched for stocks that were so inexpensive they were almost completely devoid of risk. One of his best known calls was the Northern Pipe Line, an oil transportation company managed by the Rockefellers. The stock was trading at $65 a share, but after studying the balance sheet, Graham realized that the company had bond holdings worth $95 for every share. The value investor tried to convince management to sell the portfolio, but they refused. Shortly thereafter, he waged a proxy war and secured a spot on the Board of Directors. The company sold its bonds and paid a dividend in the amount of $70 per share.
When he was 40 years old, Ben Graham published Security Analysis, one of the greatest works ever penned on the stock market. At the time, it was risky; investing in equities had become a joke (the Dow Jones had fallen from 381.17 to 41.22 over the course of three to four short years following the crash of 1929). It was around this time that Graham came up with the principle of "intrinsic" business value - a measure of a business's true worth that was completely and totally independent of the stock price. Using intrinsic value, investors could decide what a company was worth and make investment decisions accordingly. His subsequent book, The Intelligent Investor, which Warren celebrates as "the greatest book on investing ever written", introduced the world to Mr. Market - the best investment analogy in history.
Through his simple yet profound investment principles, Ben Graham became an idyllic figure to the twenty-one year old Warren Buffett. Reading an old edition of Who's Who, Warren discovered his mentor was the Chairman of a small, unknown insurance company named GEICO. He hopped a train to Washington D.C. one Saturday morning to find the headquarters. When he got there, the doors were locked. Not to be stopped, Buffett relentlessly pounded on the door until a janitor came to open it for him. He asked if there was anyone in the building. As luck (or fate) would have it, there was. It turns out that there was a man still working on the sixth floor. Warren was escorted up to meet him and immediately began asking him questions about the company and its business practices; a conversation that stretched on for four hours. The man was none other than Lorimer Davidson, the Financial Vice President. The experience would be something that stayed with Buffett for the rest of his life. He eventually acquired the entire GEICO company through his corporation, Berkshire Hathaway.
News taken from China Press , Malaysia
重建成本高‧經濟損失大
平衡政策助災後重振
災難、哭號、心酸…
隨后盡入眼簾的就是連串數據，但是數據背后，又隱藏著什么？
數字會說話，它告訴我們，災難后，除了是生存下去的勇氣，還有國家需面臨的考驗，包括如何維持經濟成長、抑制通脹、平衡經濟財產、基礎設施損失，和災后重建、恢復生產及信心…
重大天災的毀壞，需要多少時間撫平傷口？需要多少時間恢復成長動力？
從512四川大地震事件，讓我們回顧過往數個重大天災對經濟的影響。
四川地震短短數句鐘的蹂躪，現場一片慘不忍睹，惟需耗時數年光景重建，方可恢復災前盛況。
中國四川發生8級大地震，傷亡人數不斷飆升，生命在震盪中不堪一擊，惟數據背后卻隱藏著更大的考驗。
這場大災難對國家的經濟損失有多大？
平衡政策，是災后政府面臨的挑戰，如何在高通脹、災區基礎建設，及信貸控制中，取得平衡點，是有關政府需考量的重大政策。
分析界預測，地震或減低今年中國的國內生產總值（GDP）成長率0.2%，並導致通脹率增加0.3%。
惟政策緊縮或在地震后放鬆，料不會在近期加息。
外交學院國際金融中心主任歐明剛指出，隨著災后大規模重建計劃，或引發新一輪固定資產投資熱潮。
根據資料顯示，2004年南亞海嘯侵襲，雖不致于大幅影響受波及國家的經濟成長，惟重建成本高企。
其只包括印尼將在災難后5年斥資超過40億美元（約128億令吉），斯里蘭卡需資15億令吉（約48億令吉）。
同遭海嘯來襲的大馬，在災后數日的清理成本，已花掉約2500萬美元（約8000萬令吉）。
中國社會科學院金融研究所研究員易憲容則說：“在死亡數據道出的經濟發展價值，不是在于節節走高的國內生產總值成長率，反而是提升人民實際生活水平。”
新一輪成長起點
災民憂心失去的家園，政府則擔憂災難對宏觀經濟的影響。
他更預測，地震或是新一輪經濟成長起點。
“若政府調整政策符合各方利益，在日后經濟發展顯現每個人民價值，新一波經濟成長或會到來。”
不過，災后服務業，尤其旅遊業將受打擊，或拖累經濟成長。四川旅遊業因而損失超過人民幣500億元（約231億吉）。
專家預計，四川省今年次季消費和服務業將走軟，影響中國經濟成長。
根據社會經濟和環境研究所（SERI）發表的《海嘯對檳城經濟影響》報告指出，貴為國內著名旅遊景點之一的檳城，海嘯后面臨最大考驗並非基建重建損失，反而是如何重拾旅客信心。
災難魔爪一出，通脹、經濟損失，旅遊業及信心等皆萬劫不復，直墮谷底，惟時間可撫平傷口，何時恢復昔日繁榮，就胥視政府災后重振能力。
2005年美國卡特琳娜颶風
油田被迫關閉
導致能源價高漲
卡特琳娜颶風喚醒“油魔”，導致全球能源價格高漲，多國汽油零售價被逼調高。
一國災難，全球經濟皆受影響，就從2005年的卡特琳娜颶風說起…
卡特琳娜颶風在2005年8月侵襲美國，所造成有形和無形的損失，對全球經濟造成震蕩，並延至06年，包括喚醒“油魔”。
當年，在全球能源生產日益減少之際，颶風導致美國墨西哥灣附近三分之一以上油田被迫關閉，及多個石油及天然氣工廠停產。
颶風造成全球能源價格高漲，每桶石油漲破70美元（約224令吉），雖然與近期漲破每桶135美元（約432令吉）的油價相較，是小巫見大巫，惟當年已足令全球各領域，從航空業到運輸業，叫苦連天。
航空運輸業叫苦
在印尼，油價升高，導致經濟危機一觸即發，印尼盾匯價挫跌至4年新低，同時該國政府補貼燃料造成國庫失血。
在泰國，為抵消高油價衝擊，政府展開刺激經濟方案，以及節省能源措施，包括加油站須在夜間關閉，和限制廣告牌每日僅能點亮3個小時等。
在歐洲，德國汽油零售價被逼調高，瑞士汽油價更突破歷史新高。
平衡政策助災後重振
災難、哭號、心酸…
隨后盡入眼簾的就是連串數據，但是數據背后，又隱藏著什么？
數字會說話，它告訴我們，災難后，除了是生存下去的勇氣，還有國家需面臨的考驗，包括如何維持經濟成長、抑制通脹、平衡經濟財產、基礎設施損失，和災后重建、恢復生產及信心…
重大天災的毀壞，需要多少時間撫平傷口？需要多少時間恢復成長動力？
從512四川大地震事件，讓我們回顧過往數個重大天災對經濟的影響。
四川地震短短數句鐘的蹂躪，現場一片慘不忍睹，惟需耗時數年光景重建，方可恢復災前盛況。
中國四川發生8級大地震，傷亡人數不斷飆升，生命在震盪中不堪一擊，惟數據背后卻隱藏著更大的考驗。
這場大災難對國家的經濟損失有多大？
平衡政策，是災后政府面臨的挑戰，如何在高通脹、災區基礎建設，及信貸控制中，取得平衡點，是有關政府需考量的重大政策。
分析界預測，地震或減低今年中國的國內生產總值（GDP）成長率0.2%，並導致通脹率增加0.3%。
惟政策緊縮或在地震后放鬆，料不會在近期加息。
外交學院國際金融中心主任歐明剛指出，隨著災后大規模重建計劃，或引發新一輪固定資產投資熱潮。
根據資料顯示，2004年南亞海嘯侵襲，雖不致于大幅影響受波及國家的經濟成長，惟重建成本高企。
其只包括印尼將在災難后5年斥資超過40億美元（約128億令吉），斯里蘭卡需資15億令吉（約48億令吉）。
同遭海嘯來襲的大馬，在災后數日的清理成本，已花掉約2500萬美元（約8000萬令吉）。
中國社會科學院金融研究所研究員易憲容則說：“在死亡數據道出的經濟發展價值，不是在于節節走高的國內生產總值成長率，反而是提升人民實際生活水平。”
新一輪成長起點
災民憂心失去的家園，政府則擔憂災難對宏觀經濟的影響。
他更預測，地震或是新一輪經濟成長起點。
“若政府調整政策符合各方利益，在日后經濟發展顯現每個人民價值，新一波經濟成長或會到來。”
不過，災后服務業，尤其旅遊業將受打擊，或拖累經濟成長。四川旅遊業因而損失超過人民幣500億元（約231億吉）。
專家預計，四川省今年次季消費和服務業將走軟，影響中國經濟成長。
根據社會經濟和環境研究所（SERI）發表的《海嘯對檳城經濟影響》報告指出，貴為國內著名旅遊景點之一的檳城，海嘯后面臨最大考驗並非基建重建損失，反而是如何重拾旅客信心。
災難魔爪一出，通脹、經濟損失，旅遊業及信心等皆萬劫不復，直墮谷底，惟時間可撫平傷口，何時恢復昔日繁榮，就胥視政府災后重振能力。
2005年美國卡特琳娜颶風
油田被迫關閉
導致能源價高漲
卡特琳娜颶風喚醒“油魔”，導致全球能源價格高漲，多國汽油零售價被逼調高。
一國災難，全球經濟皆受影響，就從2005年的卡特琳娜颶風說起…
卡特琳娜颶風在2005年8月侵襲美國，所造成有形和無形的損失，對全球經濟造成震蕩，並延至06年，包括喚醒“油魔”。
當年，在全球能源生產日益減少之際，颶風導致美國墨西哥灣附近三分之一以上油田被迫關閉，及多個石油及天然氣工廠停產。
颶風造成全球能源價格高漲，每桶石油漲破70美元（約224令吉），雖然與近期漲破每桶135美元（約432令吉）的油價相較，是小巫見大巫，惟當年已足令全球各領域，從航空業到運輸業，叫苦連天。
航空運輸業叫苦
在印尼，油價升高，導致經濟危機一觸即發，印尼盾匯價挫跌至4年新低，同時該國政府補貼燃料造成國庫失血。
在泰國，為抵消高油價衝擊，政府展開刺激經濟方案，以及節省能源措施，包括加油站須在夜間關閉，和限制廣告牌每日僅能點亮3個小時等。
在歐洲，德國汽油零售價被逼調高，瑞士汽油價更突破歷史新高。
Saturday, May 24, 2008
Friday, May 23, 2008
Me...
Hi there!!!
My name is Stanley, a sr. real estate agent in Kuala Lumpur, Malaysia. My work mainly consists of sellig and renting real estate. or matching the buyers and sellers.
I come from a very humble family; father is a lorry driver, passed away when I was 13, leaving my mon and my sibblings -sister aged 11, 2 brothers 11 & 9 yrs old respectively. But it doesn't discourage us, it fact, god has given us another priceless gift, that is, we stay even closer esp when we knew that life is so short and fragile. I was originally borned in Taping, Perak. Malaysia.
See This Map:
View Larger Map
Now that we hv gown up, each of us has our own famiy to take. Enclosed is the video and photos of our family.
Me and my fiancee
My sister
.jpg)
My 1st Bro daughter
My name is Stanley, a sr. real estate agent in Kuala Lumpur, Malaysia. My work mainly consists of sellig and renting real estate. or matching the buyers and sellers.
I come from a very humble family; father is a lorry driver, passed away when I was 13, leaving my mon and my sibblings -sister aged 11, 2 brothers 11 & 9 yrs old respectively. But it doesn't discourage us, it fact, god has given us another priceless gift, that is, we stay even closer esp when we knew that life is so short and fragile. I was originally borned in Taping, Perak. Malaysia.
See This Map:
View Larger Map
Now that we hv gown up, each of us has our own famiy to take. Enclosed is the video and photos of our family.
Me and my fiancee
My sister
.jpg)
My 1st Bro daughter
Subscribe to:
Posts (Atom)
.jpg){kind=link}