Entering the Blogger's world

Sunday, March 28, 2010

MCA EGM

Today, MCA Extraordinary General Meeting being held at Wisma MCA.. 86 contestant for 25 available positions. But what we most care is the presidency seat whereby 3 constestant were involved.

1) Datuk Seri Ong Tee Keat
2) Datuk Seri Chua Soi Lek
3) Tan Seri Ong Ka Ting

Who will be the next president of MCA?
2,318 out of 2377 central delegates have been registered accumulated about 97 %

The Election took place at 12.20 noon and now in process of the counting stage. Results were estimated to be announced at 7.00pm if the counting process were smooth.

So dear readers, who do we really want to be the next MCA President?

Saturday, March 27, 2010

You

Aih, doesnt know whats going on with this relationship. At every time she's being lonely and bored, i'll get the blame for not being with her. According to you, i never do what i said. Yea, of course there were sometimes, i'm in fault. Why, this is because at times, i'm so undecisive of what to do. Needed time to think and figure out what i would want, what i wanted to do, and what i really needed.

At times, I make last minute changes in my decision. Anything can happened in this world before the time of the event. For example, for the weekend, i can either stay at home, follow my cousin to visit his parents or even to my gf place. There's really lots of things in mind running and thinking before i could eventually come out with a firm decision. Nothing stands firm till the last minute. Thats why u're angry at me. I should have expected.

I gave unconfirmation words to you, such as might be, maybe, or even not sure. This doesnt mean i'm giving hope to you. There are just chances i would choose either of the decision for the weekend. I know that i would consider the pros and cons before making decision. I knew, meeting you once a week isnt enough for you and me. But, at times, i would like just want a weekend for my own.

Misses and loves, i do miss you , i do love you. But doesnt mean that i have to be with you all the time. We've been in distance relationship before you even came to K. L to further your studies. So why now you're so bothered by not meeting up this weekend? When i dont meet you, you said i dont care about you, dont need you and even worst, you're like nothing to me.

Oh gosh, come on, take a deep breathe and think a little bit deeper, IF you're nothing to me, i would be with you for the past 5 years. I wouldn't even started this relationship with you. If i dont need you, why would i waste the 5 years being in a relationship with you ? Why not with others or fooling around with others like i used to be ? Human changes, people thinking changes as they grow up. If there is no future with you, i would have call our relationship off in the 1st year.

Peopls said, caring is sharing. Think deeper,at which point i wont tell you what am i doing ? where am i ? or what is my plan? If i dont care for you, i would just secretly done my stuff without even bothered to tell you. You said i dont care for your feelings. What about mine ? who cares about mine ?

I live withouht my mum for half of my life currently, i've learned so much about people, see so much drastic changes in people or even how to be in a relationship. Of course, i wouldn't say i'm a professional or master but at least i went thru this experienced. You feel sad and hurt when i'm not with you, but what about me ? i've went thru a bitter childhood which makes me stronger each day. Can you imagine how a 10 years old boy have to face with family problems? how he went thru without the love and care of his parents? How he went thru with all the conflicts in the family?

I've really sick and tired of quarreling. Just wondering why i can face it and continue with my life but not you? What if i die tomorrow ? Does that mean you wouldnt live on? Life are so unpredictable. God gave us life, and HE can take it away from us anytime.

Saturday, March 20, 2010

Last Tuesday

Its been awhile since i updated my blog. Last Tuesday, had Financial Derivatives midterm. Well, it was like 100% correct for the calculation part cause it turn out to be exactly from the tutorial answers. As expected, a lazy/busy lecturer like Dr. would never change the question format. LOL.
After the midterm, went to Cyber to meet my gf to play badminton. It was raining heavily in part of Cyberjaya, weird huh.

Gf finishes her class at 5pm then get ready already 5.30, so we managed to play for half hour for free. She booked at 5pm but didnt manage to play at the exact time, so the owner gave her a discount. LOL
After that, we went to Sunway Pyramid for dinner. Went to a korean restaurant named "Ko Hyang".
I ordered a "Soon Dubu Ji" and Sprite
My Soon Dubu Ji + side dishes
Cost about RM 14.90
Rating 4 star
Taste nice and spicy like tom yam soup

My dear's Dolsot BiBim Bab
Cost RM16.90
Rating 3.5 star
Mixed of vege+minced meat+ fried egg

So thats what we had for our dinner and our drinks cost us about rm2.50 per glass which totals up to RM38.64 inclusive of 5% service charge.

Not a bad choice for dinner if u wish to have something different.

Thursday, March 11, 2010

Islamic Banking Midterm

Oh gosh, tomorrow will be having Islamic Banking midterm. Studied so many chapters..came into so many Arabian words @ Islamic term...some more need to memorize all. 1 word to describe it all "GG".

For example;
Musharakah : Financing through equity participation @ partners

Mudharabah : Bank offer financing, entrepreneur offer labour + expertise

Musaqat : Agriculture loan

Musawamah : Spot sale

Murabahah : Cost + profit

This few still considered ok cause not that tough to memorise. The coming ones were more tougher

For example;
Bai Murabahah : Cost plus profit

Bai Tawliyah : Sale with no profit

Bai Wadhiah : Sale of commodities at lower price

Bai Salam : Advance payment for goods to be delivered later on

Bai Istina : Sale by order

Bai Bithaman Ajil (BBA) : Deferred payment sale

Bai Istijrar : Wholesale /supply financing

Bai Inah : Selling asset at deferred payment

Ijarah : Leasing equipment, building or facility at agreed fixed charge

Oh damn, its so hard to memorize. Miss Ung said, IF u good at memorizing, u'll score. Omg! i just wondered how to solve this problem. Should i consult her ? She is also my academic adviser but i mention put this problem into the form. haha.

Besides that, this Islamic banking products have supporting contracts;
For eg;
Rahnu : mortgages

Kafalah : Guarantor

Wakalah : sounds like Wa Kalah. Lol. it means Agency by the way.

Qard Hassan : Benevolent Loan. Interest free loan.

Hiwalah : Transfer of debt to other people

Hibah : Gift/Reward

However, i found out that Islamic Banking can be summarized.Firstly, Islamic banking prohibits Riba (unearned income) such as interest; and
Secondly, Gharar (Excessive risk). The others were just the products/commodities offered by Islamic Banking.

Still got 1 chapter to go. All the best to my classmates and those that are taking Islamic Banking midterm with me tomorrow =)

Saturday, March 6, 2010

Yesterday

Yesterday, met up with my heng dai and friends. Had dinner at a steamboat restaurant in Peel Road. The porridge steamboat + the chilies sauce was superb. Its so delicious that i cant remembered how many bowls of porridge that i ate. Oh yeah and we ate Balitong (Snails) too. hahahaha.

After the dinner, we went for a walk at a pet shop nearby. Saw a Siberian Husky ( so cute and fierce), Pug, Chihuahua, and cutie Shih Tzu. There were few more breeds of dog but the price was ridiculous. Ranging from RM 980 to RM 2380. Fuh....its like buying a lappy or desktop. LOL! What caught my attention was a 2 month old Jack Russell. Same size as my palm. Wonders if i let it go on the floor and accidentally step on its leg,i'm sure it will be broken.


After the pet shop visit, we went to Baskin Robin cause my heng dai feels like having it. Ordered waffles with Mint choc chip and Choc Royal Mousse Choc. Was fun cause 5 of us sharing a small cup of ice cream. Althought its not enough, but the feeling was enjoyable which strengthen the bond of our friendship.

After the Baskin Robin, went to Karaoke at Neway nearby Leisure Mall. We thought it was cheap but was shocked that per head was RM44++ which sums out to be RM303. It doesnt really matter cause we did enjoy the buffet, the drinks, the songs and mostly the pic taking. Omg! Hope my heng dai didnt post those "cute" "cute" pics. hahaha.

So after the Karaoke, we went for yamca session as my hengdai wanna eat tau fu fa. It was like 1.30am that we had to think where to get tau fu fa for hengdai. haha.Luckily hengdai thought of the place we went before with Sky. So, we headed to the Food court at Pandan Perdana. And yeah! we had our tau fu fa and Tong yuen. and we chit chatted till about 3am then we decided to go home.Reached home about 3.30 am and my gf was asleep. Therefore, didnt go to her place. Knew she would be mad the next morning.

Friday, March 5, 2010

March

This would be my first post in March...been busy lately with the assignments, submission of final year project. Really stressed up with the banking operations and treasury management assignments.



Feels like the head gona explode. Unable to obtain information, requested help with Uncle Cheong. He replied," Just try your best. I dont have any requirement. I will be lenient with the assignments this time". OMG! Why this subject assigment is damn tough.

How would the public obtain information on banks branching structure and it effects on liquidity. The assignments sounds like this :

Q1 ) How is liquidity defined?
Uncle C : " This question asked about how the bank defined liquidity on its on term"
Answer : Liquidity = something liquid lor


Q2) How is liquidity measured at the branch office level in relation to the bank organization as a whole?
Answer : Dont know


Q3) How does the branching structure change liquidity risks for the main office?
Uncle C : U can try email to the bank and wait for reply. Or try your best to get info
Feedback : Oh, branching is open more office lor.More office, more business,More money, more liquid lor.


Q4) How does the branching structure affect the liquidity risks of each individual branch office?
Uncle C : You all chose bank with 1 branch in K L. Its too late to change already. Try your best.
Answer : 1 branch = headquarters = same as Q3 above = no need to do.


Q5)Does it make sense to evaluate the liquidity of the consolidate branching organization or should liquidity analyses focus on each operating branch as well as the main office?
Answer : No.End of story


Q6)How can the bank communicate its liquidity strengths to outside observers who only can obtain data on the consolidated bank organization?
Answer :Easyla. Got internet,got HP, and worstly mail us the annual report ny la.