The most profitable business
As we, including the kids, know that a profitable business is when we purchase at low price and sell at higher price to make a profit. But the “law of profitability” in economics has been broken. I read a piece of news with mouth wide opened. Am I reading correctly? Here is the repost of the news from “The Malaysian Insiders“:
KUALA LUMPUR, July 15 — American motorcycle giant Harley-Davidson has, according to the Associated Press, agreed to buy MV Agusta for US$109 million (RM360 million), in sharp contrast to the one euro Italian company Gevi paid when it bought the Italian bike-maker from Proton Holdings in 2006.
Harley-Davidson said in a statement out of Milwaukee last Friday that it was likely to seal the deal in weeks but the news is likely to unleash a firestorm of criticism against Proton, which was savagely assailed for the 2006 sale by no less a person than former Prime Minister Tun Dr Mahathir Mohamad, who conceived Proton back in 1984, according to the SingaporeBusiness Times.
Proton, then under the leadership of Dr Mahathir protege Tengku Mahaleel Ariff, bought a 57.75 per cent interest in MV Agusta in December 2004 for 70 million euros (RM357 million). Dr Mahathir had stepped down as premier a month earlier but had been appointed Proton adviser by his successor Datuk Seri Abdullah Ahmad Badawi at the time.
By 2005, Proton was floundering amid intense competition from better-quality Japanese models and relations between Tengku Mahaleel and the new Proton board, all appointed by Abdullah, were tense. These culminated in the chief executive’s contract not being renewed. Barely a year later, the company sold MV Agusta, with its debt of 107 million euros, for one euro.
Dr Mahathir took it personally, asking for an investigation of the sale decision and its beneficiaries, and questioning the urgency of the deal.
Proton defended itself by saying there were “no operational, engineering or technological synergies” between the two companies, a conclusion that it said had “been independently confirmed by its appointed advisers”.
When Tengku Mahaleel and Dr Mahathir decided on the buy earlier, it was precisely because of the deal’s so-called “technological synergies”.
Even so, the Harley deal would appear to vindicate both men and is likely to rebound upon Proton and, by extension, Abdullah and his administration, which has stoutly defended Proton’s new management against the criticism of Dr Mahathir.
MV Agusta makes a line of premium sports motorcycles under its own name and another line of lightweight bikes under the Cagiva brand.
Meanwhile, the deal will help Harley-Davidson expand into the European market as sales slump in the US where consumers are pulling back on spending. Performance biking accounts for almost 80 per cent of sales in Europe, where Harley’s sales have been growing in double digits over the past three years. The US bike-maker now has a 10 per cent share of the European market.
Meanwhile Bernama reports that Deputy Finance Minister Datuk Ahmad Husni Hanadzlah told the Dewan Rakyat today that the sale of MV Agusta for one euro was profitable to Proton as there was no synergy between the Italian motorcycle maker and Proton as a car manufacturer.
He said Proton made the decision after taking into account the financial liabilities of Agusta which had debts of 107 million euros.
Under the agreement, the shareholder must be responsible for the company’s debts, he said.
“As there was no synergy between car and motorcycle and instead of shouldering the debt, Proton decided to sell Agusta,” he said in reply to a supplementary question from Nga Kor Ming (DAP-Taiping) during Question Time.
Take a look at the last fourth paragraph carefully. The speaker was really lack of intelligence. How can a business be profitable if it spends 70 millions Euros to buy a company and then sells it for 1 Euro? But in the first place, will you buy a company with 107 millions Euros of debts?
Hello? Is this a typo? I don’t think so. But the person who made such statement in Dewan Rakyat must be thinking the Malaysians are mentally retarded.
Bar Code Printer
If you are running a business and have been using POS (Point Of Sales) system, you will find bar code is an easy and accurate way of inputting your stock code. Some products have bar code printed on the product label, some don’t. The Zebra 2844 bar code label printer is a reliable desktop bar code printer for your business needs. It features a 203dpi thermal print head with direct thermal or thermal transfer printing with good resolution and enhanced print quality.
Air purifier
The use of air purifier at home can improve the air we breathe. An air purifier with asthma air filter will help to improve condition by reducing allergens in the air. Although it cannot 100% removed the dust or allergens, it decreases the chances of developing asthma in children. Learn about the different type of air filters including HEPA, ultraviolet and ionic.
Let your modeling dream comes through
If you think you have got the look and dreamed of becoming a model working in Milan, New York or Paris; now you have got the chance to realize your dream. Look of The Year is seeking beautiful people from all over the world to join. Send in your best pictures to become the next model working in Milan, New York or Paris. Plus you can win a US$10,000 price. So, what are you waiting for? Visit http://www.lookoftheyear.com for more information.
Welcome to BloggerWave
BloggerWave is aiming to be Europe largest advertising media on blogs. Europe is one large potential market after U.S. If you own a blog and wish to make money with your blog, BloggerWave is the right place to start. I have just become a fan of BloggerWave and starting to make more money by writing posts for it. Why not join me to blog your way to some extra income?
Another happy new Mac user
To follow up my article, “Am I a Mac advocate?”
Just came back from a business meeting which I delivered an Apple MacBook to a customer. She is a mutual fund manager and is totally new to Apple. The moment she took out her new MacBook from the box, her impression was “Wow! It is so beautiful, sleek and … “, something words could not describe.
I spent some hours to guide her using a Mac and she caught on quite well. She was most impressed when I showed her how I could help her using her Mac via iChat. Totally amazed, how iChat could allow her to share her screen to me and I could guide her to use her Mac and some applications over the Internet.
Another happy Mac user.
Am I a Mac advocate?
Yes, I am!
I started to use an Apple iBook with Mac OS X five years ago. And ever since then, I do my daily works like emailing, web browsing, IM/Skype, appointment, todo, word processing, spreadsheet and almost everything on Mac. Today, I am a total Mac advocate and I also develop software for Mac. Most of the Mac applications I worked on are easily ported to any UNIX systems such as Linux and Solaris or vice versa.
I have switched many people from Windows to Mac. I have helped businesses to switch from Windows to Mac. And the result? They are happy Mac users and I am a happy Mac advocate. Supporting customers in Mac is ever easier and hassle free compare to Windows. Supporting Linux and Solaris mostly as a server together with server applications cannot be compared in that way because the application area and environment are totally different.
Although the initial investment is higher comparing to any other Wintel (Windows and Intel) PC, Mac gives you awesome user experience you can never enjoy with Wintel. The end result, ROI or Return of Investment is higher.
Read my other article about Mac in business here.
Sugar from Brazil
Brazil is the world largest producer and exporter of sugar, particularly ICUMSA 45. Sugar from Brazil is highly sought after by buyers around the world. ICUMSA 45, the highly refined sparkling white sugar which is used in manufacturing food stuffs, is even sold off before it is produced. At one time, Brazilian sugar production has sent the world sugar price to plummet to five cents a pound.
More than half of the sugar produced in Brazil is supplied to domestic foodstuffs manufacturers, for domestic consumption and ethanol production. Brazil has increased her annual sugar production because export has outweighed domestic consumption.
High Sea Sugar supplies sugar and molasses directly from the mills.
Looking for a web hosting provider?
Alright, you need to find a web hosting company which provides web hosting services at a price ranging from $4 to $8. And you want a detailed review of their web hosting service to ensure reliable service. Look no further, visit webhostingchoice.com for a list of web hosting providers. It is easy, quick and hassle free.
At webhostingchoice.com, you have a comparison chart of pricing, fees, disk space, transfer and rating to help you choose a web host of your choice. Click on every links to checkout the web hosts’ websites to learn more about their products and services before you jump in.
This site also includes a learning center to help you through the web hosting jargon words, hosting scams, marketing gimmicks used by web hosting providers to lure and lock in customers. The site provides comprehensive advice and FAQs to guide you selecting a web host and to avoid pitfalls and tricks.
A list of useful links and resources is also included for your convenience. You may want to sign up their newsletter for monthly updates of hosting tips, offers, coupons, interviews and etc. to keep you abreast of the web hosting business and to enjoy discounts from coupons.
Take a look before you jump!
PayPal Withdrawal
My credit card statement came in this morning. I was happy to see the withdrawal from my PayPal account had been successful and reflected in the statement. Withdrawal to credit cards is a new service provided by PayPal to allow account holders in countries like Malaysia to be able to withdraw their funds. I recently decided to try this service.
This withdrawal paid off some of my credit card balance for this month. I am motivated to write more posts and also looking for new opportunities to setup online business.
An easy way to withdraw from PayPal
Payment agent such as PayPal has become very popular over the few years. It has been an easy and convenient way to perform online monetary transactions. Whether you are buying or selling on the Internet, PayPal has been your pal to help you disbursing or accepting funds.
I have received funds from writing marketing posts but the withdrawal process has been daunting. PayPal does not payout via wire transfer to banks in Malaysia. The only way was to open a bank account in countries like Hong Kong or Singapore being the nearest.
Now, PayPal offers to pay to your credit cards with a minimum fee of US$5 per transaction. That provides an easy and convenient way for bloggers like me in Malaysia to receive funds.
Boring at home?
If you are boring at home and have nothing to do or you are looking for some exciting entertainment, you may want to try some exciting online games. There are countless of online games available. Recently, I get to know some Online Bingo Games! Do you play Bingo? You can play online bingo here provides two sites that offers online bingo games reviews. The sites also provide some other entertainment and preview of games. Try Bloons Tower Defense 2. These sites provide ratings of bingo sites and listed them according to their rankings. They provide free bingo sign up bonuses, no-deposit bonuses and more. You can find lots of entertainment information and other games as well. Visit these two sites now and get entertained.
GPS data uploaded
Finally, I have had the time to upload the GPS data I collected from yesterday’s delivery. The data is now all in the Windows box. It is too late to remove some unwanted data (data from other trips e.g. Zakimi on Okinawa and etc.). So I just make another copy of all the data and probably will edit them during this CNY.
I am kind of thirsty for more GPS data from delivery or trips to alien places. Anymore delivery? It is kinda fun. It is like treasure hunting, or tracking down a location. It is really exciting and fun!
GPS Guided Delivery
Delivery all done! A dozen hampers at 4 locations in Selangor/Kuala Lumpur. 3 out of 4 locations were alien places to me because I had never been there. Drop #1 in Sungai Long, Drop #2 was in Sungai Besi, Drop #3 in PJ and Drop #4 in Selayang. 1, 2 and 4 were places I was not familiar with and had never been there.
I arrived at Kajang toll at 1130 hours and started to use my GPS device to guide me. Found the place easily by following the GPS guidance. It took some times to navigate through some messy traffics and finding the block and the unit. But I managed to drop off and proceed to Drop #2 at 1215 hours.
Drop #2 and #4 needed some communication with the clients as their address were without street name. They used lot number as they were in industrial park. That complicated the process a little. By 1507 hours, all goods delivered.
On the night before, I researched on the GPS map and found Drop #1 and marked it. Easy job. I had to defer Drop #2 and #4 until morning so that I could call up the clients for some direction. I called them this morning and could roughly know the locations and marked them.
What made this mission interesting was an ironic demarcation which a traditional delivery versus technology-assisted delivery. While heading to Sungai Long after exiting Kajang toll, I saw a cab driver with a full load of hampers in his cab. He was on a hamper delivery mission too. The difference was that he was looking at his hand drawn map on the steering wheel. In great contrast, I was guided by GPS.
The mission had helped me to build a Clientele GIS.
Orders All Done!
We received an order of 11 hampers from KL last Saturday. After 3 days of sleepless night, finally we had all the orders done up and ready for delivery tomorrow. LA, especially, has 3 sleepless nights. She did not sleep at all last night. I just done helping her to get the last two hampers up so that she can wrap them up in the afternoon and go to bed early tonight. I will go to bed early tonight. It will be a busy and hard day tomorrow to delivery to various locations around KL. I will be traveling alone tomorrow as the car will be a load full of hampers.
Hampers for Chinese New Year
The year of the golden rat is around the corner. This coming Chinese New Year falls on February 7 and 8. It is once in a year time again to shop for CNY stocks and gifts. LoveAficionado.com has a wide range of hampers to offer. LoveAficionado’s hampers are great gifts to share with your families and friends.
All LoveAficionado’s hampers are bundled with high quality goodies. LoveAficionada ensures all products bundled in the hampers have long expiry date. They offer excellent quality products and good service. So, you can enjoy giving without worrying about the quality.
Family Delivery Team
We all went to Subang Jaya to deliver hampers order yesterday. Our plan was to go to 1U for shopping after the delivery. But the car AC and the front brake were giving problem. When we arrived at Subang Jaya, the AC began to blow hot air instead of nice cool air. After the delivery, the AC wasn’t functioning properly yet and the front brake started making some noises. According to my driving experience, I decided to take the car in for a examination by my brother-in-law’s friend. His workshop was in Damansara Utama.
It was a long way from USJ1 to DU and the roads were quite jam packed. When we finally arrived at the workshop, poor R and N were sweating. They had rosy cheeks and sweat wet shirts! What a mobile sauna.
I changed the brake pad mid last year and it was finished in less than a year. So much of the Honda’s spare parts quality!
And the AC, the magnetic clutch of the compressor became faulty and needed to be replaced. The repair would take about 2 hours so we took 3 dinos to Starbucks to cool down with ice blended drinks while waiting for my sister-in-law’s husband to come to take them to her house.
The car was ready around 6PM and I went to my SIL’s house to meet them. We proceeded to 1U in the evening for a quick shopping. LA did not find any shoes she likes. We went to FCUK and nothing eye catching except the price tags. We had dinner at 1U and hang around until almost 10:30PM.
We arrived home around 1AM. When we arrived, we suddenly realized we forgot to attend our neighbor’s grandchild full moon party. The next morning, our neighbor came to our house to deliver some cakes and red eggs and we apologized to her for not attending. What a day!
Free Web Polls
Alright. You need to get an idea what your visitors think of an issue. You need a web poll which is easy to setup and most importantly it is free and does not take up additional disk space or database. There is a free web poll which provides myspace polls. It takes less than 2 minutes to sign up and get your poll up and running. Everything is stored and calculated on their server. Everything they offer is completely free and no pop-up advertisement or banners.
Green Shoes
Po-Zu has introduced “green shoes“, the environmentally different foot wears with wide collection of shoes, boots and slippers. All Po-Zu foot wears are manufactured from natural ingredients without harmful chemical and components. Leather is organically tanned with plant origin substances from Mimosa and Quebracho trees. Wools are made of 100% natural fleece, unbleached and un-dyed. The manufacturing process avoids the use of toxic glue and solvents. All foot wears are stitched together making them breathable, durable, repairable and recyclable. Po-Zu shoes are organic shoes. And the shoe cream is edible!
Sun announces agreement to acquire MySQL
On January 16, 2008 Sun entered a definitive agreement to acquire MySQL, developer of the world largest Open Source database. The move reaffirms Sun as a leading provider of hardware and software platforms for the web economy.
The news is really exciting and as expected. Sun has been involved in open source development and released great products like Solaris 10, OpenOffice and now MySQL is going to be under Sun’s flagship. With the involvement of Sun in MySQL development and the funding, Sun will be able to leverage MySQL further from its current position.
More exciting news and features from MySQL and Sun will be expected to breakout very soon.
Discount on office furniture, supplies and computers
Are you looking for office furniture? Whether you are startup or already having a business, OfficeDeals is a great place to look for office furniture, office supplies, computers and even printing business cards and stationeries.
OfficeDeals updates the site daily to bring you latest products and discount coupons. Buy your office equipment, furniture, computers, software, computer accessories, stationeries online in the comfort of your office or home. Enjoy great savings with discount coupons. For example, Vistaprint Coupons offers great savings up to 75% on all your business printing needs from business cards, customer stamps to address labels. And enjoy up to 70% discount on OfficeFurniture.com.
If you are setting up your home business, you can learn about the benefits of a home business and tips on working from home at OfficeDeals website. Good articles to read.
Starting a new business venture requires some funding regardless of the size or type of business you are getting into. You may get into some financial problems if you do not already have plentiful of fund. You need to stir away and to circumvent this problem with some financial tools and yet giving you peace of mind. The site also provides you information about small business credit card. This helps you to establish good business credit record and to alleviate your business financial strain and personal finances.
Goods sold are not returnable
Do you know your rights as a consumer? Read on. Benji sent me this information yesterday. I think it is good to share this information to exercise consumers’ rights to shape a better community.
Legal Issue on Contract Law in Malaysia - Good for us to know
Do you notice that most of the time, the receipt / invoice you received from the merchant carries this exclusion clause or similarly worded statement: “Goods sold are not returnable” or “No refund once sold”.
Please remember that : “As long as your goods is purchased for home use and not for business ( i.e. to be resold), the above exclusion clause is void.
That means, as long as the good is defective, regardless of what is worded, you can get back all your money spent . You do not have to accept a repair on the good or an exchange. You can ask for a refund. And you are legally right and entitled to!
And most of the time the merchant will refuse to return you your money.
You may threaten the merchant with four words: “See you in court!”
The court here refers to the Small Claims Tribunal Court. Any goods which is worth RM25,000 and below can apply to this Court.
However, you don’t have to tell them what court! All you have to pay is RM10 admin fee and the loser (the merchant) will have to refund you the money plus the admin fee!
I have seen that most educated people are cowed by such unfair wordings (which includes a few of my friends).
Please try not to let the merchant fleece you the next time you have defective goods.
You can file this On the 16th floor of Putra Place (The Mall opposite Putra World Trade Centre) . The form cost RM5.00 . The Tribunal will settle within 2 months period.
Tribunal Tuntutan Pengguna Malaysia,
Tingkat 16, Putra Place,
100, Jalan Putra,
50622 KUALA LUMPUR
Tel: 03 - 40492300 / 40424181 Fax: 03 - 40424259
Military Clothing
If you are a military or law enforcement personnel, perhaps you would like to look for some military clothing to add to your standard issued wardrobe. BDU.com is the largest supplier of uniforms to the U.S. D.o.D. (Department of Defense). All BDU’s apparels are manufactured according to highest military standards. All jacket, shirts and pants are sewn to highest military standard MIL-C-43455J for durable wear. Many of the BDU’s military uniforms are treated with a special near infrared coating to minimize detection from night vision equipment. The tactical jackets, shirts and pants are coated with DuPont Teflon to repel liquids and stains. BDU also provides great discounts on selected items.
Is your connection secured?
Internet has become a common tool to connect your mobile computer back to the computers in your office while you are on the go. When you are out there negotiating business with your client, you need to extract a file from your computer in your office but you are hundred or maybe thousands miles away, how can you retrieve your file?
The answer is by using FTP or File Transfer Protocol. You can make connection from your mobile computer to your office computer via an Internet connection. It is very convenient to use. But there is a security concern. All communications between your mobile and office computers can be read like an open book by anyone lurking in the Internet. You need a secured way to transfer your sensitive business data.
Pragma Systems SFTP client provides you a secured FTP connection by encrypting all data before they leave your computers. You can be rest assured of the confidentiality of your data during transmission. Don’t leave your office without it. You never know who is watching.
Product Seminars
This morning I attended the Panasonic IP Camera Seminar at Panasonic Malaysia in Shah Alam. The drive was smooth but I was lost in Shah Alam trying to locate the place. I did not bring along my GPS but I managed to get to USJ11 where I was a little more familiar with. I took the long way by getting to the Federal Highway, paid the toll and found Panasonic Malaysia at last.
The seminar was organized by Panasonic and its distributor. Not so much of interesting talk. Organization was a little messy but overall good. Speakers were not very well trained and lack of exposure. The entire presentation was not too bad at all and it wasn’t boring as there were some people asking interesting questions. Most important of all was that I managed to establish contacts with Panasonic Malaysia.
Panasonic treated its guest very well with a nice buffet lunch. I took the lunch, washed down with dessert and drinks. Talked to my vendor and to establish closer relationship.
Then I had to rush to Hilton PJ to attend another IP camera event. It was a dealers gathering organized by Axis Communication and one of its distributor in Malaysia. The event was organized in Uncle’s Chili, a restaurant pub. Nice setup and cozy environment. The presentation was presented by Axis Singapore. The presentation was absolutely good and informative. Axis is a Swedish company and its IP cameras are world number 1.
Axis presentation had been very entertaining and educating at the same time. The presenter, Nafis Jasmani, had done a great job.
Axis and its distributor treated their guests very well too. Excellent and delicious food. I had a great “meal” with a beer together with some people I met there. Dessert was great too! The only thing I disliked was that people began to puff cigarette after food and beer. The smoke immediately destroyed the cozy environment and the nice cool air.
I spoke to Nafis before I left. We talked about Axis Developer Program and some technical details. As I understood from him, there are 4 developers in Malaysia developing some vertical Axis solutions. Quite an interesting fact.
Great deals on laser toners and inkjet cartridges
With recent increasing of printing volume, my laser toners and inkjet cartridges run out pretty quick. The printing volume is still very demanding as I am printing brochures and flyers to promote our business and karate. These brochures and flyers contain graphical illustration or both sides of page. So the toners and cartridges run out pretty soon.
To reduce the printing cost, I find a site giving great discount up to 80% on inkjet supplies. The site provides links to laser toners and inkjet cartridges of major brands such as Hewlett Packard, Brother, Canon, Lexmark and etc.
You can obtain discount and free shipping coupon of major vendors listed here to enjoy handsome discounts to help you saving.
InkJet Deals also has tips on how to save your ink. I know of printing in economy mode to conserve ink. But leaving the printer on will help to save ink too. A great discovery for me. Every time when an inkjet is switched on, a tiny bit of ink will be used during the start up. One of the tips is telling you how to save ink by using ink saving software, a quite interesting piece of information. The software actually optimizes the printing data so that your printer uses less ink even at high resolution. A considerable option to help saving ink.
Shuttle Lift
If you require reliable material handling, then you should take a look at the Gantry Cranes at ShuttleLift. The company has over 20 years of vast focused engineering expertise and experience in designing and engineering lifting solutions to meet toughest material handling requirements. The products are designed for heavy duty and they are all covered by 2 years or 2,000 hours warranty. All products come with 5 years structural warranty.
Learn Chinese language online
Now you can learn chinese language online in your comfortable home or anywhere, anytime for free. eLanguageSchool.net offers basic fundamentals for reading, writing Chinese language. It teaches basic pinyin or phonics method of pronunciation. The course is easy to follow and you will be on your way to reading, speaking and writing Chinese in shortest time ever. The site also offers other languages such as Japanese, Korean, French, German and more.
Lost your password?
There goes year-end and you need to prepare your new year budget. You retrieve an Excel budgeting file to work on. You have not been touching this file for a year and you encounter problem. You can’t remember the password to unlock the Excel file. You can’t recall where you have written down the password either. You need to do the budgeting for first review in the board meeting tomorrow. What should you do?
You need a Excel password recovery software. It is an easy to use software to unlock the password for Microsoft Word, Excel and Access. Password-Studio Pro cracks the password from instantly to within minutes. It uses Smart Dictionary and Bruteforce hacking methods. With Smart Dictionary, it checks through 5.8 million common password combinations in a matter of minutes.
Password-Studio Pro cracks your password as easy as 1-2-3. First, start the wizard. Second, select an attacking method. Third, reap your rewards.
Diet for Weight Loss
When I flip through magazines, newspapers, flyers, brochures and etc, I can see many slimming programs advertised in those media. Slimming program is one of the lucrative and sought-after beauty industry. Women, particularly, are becoming more beauty minded instead of health oriented.
With proper diet and exercise, we can keep a healthy body without gaining too much weight. What is the best way to lose weight? Well a proper diet plan and good exercise will be the healthy way to stay fit. First, you need weight loss diet plans which fit into your active lifestyle. A balance diet plan is the key to weight loss. It provides the necessary calories to keep you active and enough vitamins and minerals to keep your body functions healthy.
Second, you will need exercise plans to help you to burn your excess calories. A well formulated diet plan coupled with a good exercise plan works best and give good result. But, what is the right diet plans or weight loss program for you?
Weight Loss Diet Help provides a comparison of weight loss diet plans such as Medifast, Nutrisystem, Weight Watchers and many others. You can search for the right plans which work for you at one source. In addition, this website also has some articles related to diets, weight loss, weight control and how to stay healthy. You may also find coupon codes at this site so that you can enjoy good discount should you decide to sign up for your diet plan or weight loss program.
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