Olam did the right thing

Olam is perhaps the first locally listed company that stood up to defend its position in the face of an attack to run down the value of the stock. This has saved many investors from having the value of their investments wiped out over night. Olam’s price is holding steady at 1.55. It could be seeing $1.20 or a run with its value crashing if Olam did not stand up to fight. The act itself is an assurance and affirmation that the management is confident of what they are doing and no hanky panky operations is going on.

And also must thank Temasek for speaking up to in support of Olam. Otherwise, its investment in Olam could also be sold for a song and another big write off. The position of Temasek is very important to hold back local investors from shorting the counter to kill off Olam.

The battle is still not over yet. The selling is still going on. No one really knows who or how many funds are behind the sell down of Olam. It can’t be just computer trading that is putting the pressure on the stock. The final picture is still unclear and this could be a temporary hold fire stage. The collaborators could come out selling again when the coast is clear. They have not show hand yet.

This is frightening, really, please wake up.

“For a member who passed away on or after 1 July 2006 during his/her hospitalisation, he/she can use his/her Medisave savings to pay for the last inpatient hospital bill in full, without being subjected to the existing Medisave withdrawal limits. This is because the need to save for future healthcare needs is no longer relevant”.

The above was quoted in Leong Sze Hian’s article on the ‘Erosion of CPF protection from creditors’ in the TRE. Read the intent and purpose of this change carefully. I swear I will not admit myself to any hospital in my dying days to help them clean up my savings in the Medisave.

No say I never warn you. This is a very brilliant and compassionate and merciful change to help the decease pay for everything he owes to the hospital, to the last cent in his Medisave. He will die a free man, free of his savings in the Medisave, with not debt to the hospital and nothing left for his dependents or children.

A conversation 2000 years ago

It was a mass conversation led by a young man with the poor, the downtrodden, the hopeless, the homeless, the beggars and vagabonds, the lowest rung of the social hierarchy. The conversation was held everywhere and anywhere, from market places to foodcourts and restaurants and to parks and the hills.

The young man looked ordinary, dressed simply. But his father was very rich and very powerful. He openly acknowledged the power of his father and what his father could do. He promised the lost sheep of a paradise in the future. He promised them that life would be very good, a life of abundance and no worries, in the future.

One thing very clear about his conversation, it was all about the future. He even asked them what they wanted for their glorious future. But the poor illiterate homeless and despair were just clueless and just listen to the good news. The young man told them to go and spread the good news around, but no need to enter the homes of the rich and powerful.

As for their immediate problems, no food, no roof, no jobs, these were simply unspoken. And when they were hungry, he took out a piece of bread, broke it down into little crumbs to share with them. And the poor could not be choosy. Any food, any amount, would be a blessing. They thrived on the crumbs offered by the young man. They forgot about their immediate problems. There was a bright future awaiting them. And neither would the young man want to remind them nor would he be able to solve their immediate problems. He was only interested to lead their thoughts to the future that might not come, or at least in the life time of many who were there.

I dunno what happened to the young man or whether the poor and hopeless eventually found a life of abundance. What was good then was the offer of a hope, a better tomorrow, to forget about the dire straits they were in.

Caution. The above story is purely fictional and any similarity or resemblance to anyone, people, things or places is mere a coincidence.

Miracle Drink: Carrot, Beet Root and Apple

Miracle Drink : Carrot, Beet Root and Apple 

This MIRACLE DRINK has been circulating for a long time long ago. It is worth your while to take note. There is a celebrity Mr. Seto who swears by it. He wants to make it public to draw the attention of people who have cancers.

This is a drink that can protect bad cells forming in your body or it will restrain its growth! Mr. Seto had lung cancer. He was recommended to take this drink by a famous Herbalist from China. He has taken this drink diligently for 3 months and now his health is restored, and he is ready to take a pleasure trip. Thanks to this drink! It does not hurt for you to try.

It is like a Miracle Drink! It is simple. You need one beet root, one carrot and one apple that combine together to make the JUICE !

Wash the above, cut with the skin on into pieces and put them into the juicer and immediately you drink the juice. You can add some lime or lemon for more refreshing taste.

This Miracle Drink will be effective for the following ailments: 

1. Prevent cancer cells to develop. It will restrain cancer cells to grow.
2. Prevent liver, kidney, pancreas disease and it can cure ulcer as well.
3. Strengthen the lung, prevent heart attack and high blood pressure.
4. Strengthen the immune system
5. Good for the eyesight, eliminate red and tired eyes or dry eyes
6. Help to eliminate pain from physical training, muscle ache
7. Detoxify, assist bowel movement, eliminate constipation. Therefore it will make skin healthy & LOOK more radiant. It is God sent for acne problem.
8. Improve bad breath due to indigestion, throat infection,
9. Lessen menstrual pain
10. Assist Hay Fever Sufferer from Hay Fever attack.

There is absolutely no side effect. Highly nutritious and easily absorbed.
Very effective if you need to loose weight.
You will notice your immune system will be improved after 2 week routine.
Please make sure to drink immediately from the juicer for best effect.

WHEN TO DRINK IT;

DRINK IT FIRST THING IN THE MORNING ON AN EMPTY STOMACH! AFTER ONE HOUR YOU CAN EAT BREAKFAST. FOR FAST RESULTS DRINK 2 TIMES A DAY, IN THE MORNING AND BEFORE 5PM in the Afternoon.

YOU WILL NEVER REGRET! IT DOES NOT COST YOU MUCH MONEY! PLEASE CIRCULATE TO YOUR FAMILY AND FRIENDS.

Cheers!!  

Sin City has peaked

Sin City has reached new heights in many things and it is looking like hitting its peak. Many things just cannot go up anymore or at its last leg, another last hike and that is about all.

Top on the list is income of political leaders. Raising this will bring about grave consequences or angry disapproval for sure. Housing prices are still going up, but for how long, when the income level is not going up except for those living in the stratosphere? COE and car prices are peaking at the same time.

Population, there are two major school of thoughts. The super talented will tell you that 20m is ‘sup sup suey’. The lay people will not want any of it and rather stay at this level. Unbelieveable that birth rate is at a record low of 1.2 percent and population is growing exponentially. I personally think that the capacity to support people in this piece of rock is reaching its peak and optimum level. Anything more is madness. How many of the unthinking would go along with this madness is frightening.

The talent pool for political office is drying up or peaking as well. Every batch the quality is not getting betterer than the previous batch. And many bright young professionals are not coming home and the talent pool for political office will now have to come from the newly minted citizens whose credentials are suspect, whose certificates and qualifications need to be scan under a microscope.

The land for use is also peaking and the only way out is to demolish and rebuild higher and higher. Roads and rails capacity are also peaking as well. Is there really any more room for growth at the rate the land is being used up?

Even the number of straight A students for PSLE, A and O level are peaking and if not stop, every student will be getting straight As.

Rentals, medical fees, cost of living are also peaking and the strain on the people is showing. Hospital and medical services are at a peak that no one even realized. Someone with a toothache will be given an appointment 6 mths down the road. His immediate pain is hopefully taken care off some time down the road, like Natcon.

MRT capacity is definitely at its peak level. The next challenge is to be as world class as Tokyo in terms of passenger per train car.

The only thing that is not peaking is probably the number of millionaires. There are 800,000 HDB flat dwellers waiting to become millionaires. This would be the last peak I think. Oh, I miss out another major peak, with a lot of room to grow. Don’t forget the minimum sums in the CPF savings. These still got a long way to peak. Did anyone whisper ERPs and GST?