Wednesday, April 1, 2020

COVID 19 IN MALAYSIA -SOME SUCCESS SINCE THE MOVEMENT CONTROL ORDER ON 18TH MARCH 2020


Malaysia has seen some success since the Movement Control Order (MCO)
since18th March 2020; despite the recalcitrance of some residents to come
forward and be tested after attending a religious gathering for whatever reason.

Just to explain the graph I created for a simpler presentation that most people
can understand - I use the Daily Increase(DI) in the number of cases identified
and the Daily Moving Average(DMA).

The DI had a spike after the MCO was imposed; caused by the mass exodus
during the 24-hour period before the deadline.
Thankfully, things look under control now and the trend has been trending
down in the past few days - about 6%.

Strict measures have been imposed in a few areas with zero movement
outside of homes and residents have been targeted for medical screening.

There has been talk to allow the Ramadan bazaar, where small business folks
are allowed to set up stalls for the public to buy food.
This has alarmed the public as many feel that usual crowds during such
bazaars will undo the great work that has been done by the front-liners
- the Doctors, the Nurses and other Healthcare staff; plus the Enforcers.

So I'm suggesting that the Ministry of Health should come up with some
universal guidelines on the targets to be met before the MCO can be relaxed.
This could be a DI of below 50 and DMA of 3.

What do you think?

Thursday, October 24, 2019

WHY PLUS should NOT be sold to third parties

So the government is waiting for a better offer before it decides to sell PLUS, the main operator of the North-South Highway. About 8 years ago, there was a MGO for PLUS and the company was delisted from BURSA MALAYSIA and now operates as a non-listed company so that the public does not see the Annual Accounts. Management fees are high for a basic infrastructure company.

I suggest this proposal that will be a win-win for all concerned. Both the government and taxpayers will benefit from such a scheme that will give back PLUS to the people.

How this is achieved will be selling Khazanah's stake back to the public for RM5bil to RM6bil. This will be done via a new IPO bundled with a 5% bond that expires with the toll agreement in 2038 or just over 18 years.

Suppose 2 million Malaysians subscribe in the IPO for RM1000, that will raise RM2bil.
If the loan stock option is taken-up at RM1500 each, that will raise another RM3bil.
If we want to raise RM6bil, the IPO will be RM1500.

So for RM2500, a taxpayer will be an owner in PLUS and enjoy the rewards. In fact many Malaysians owned PLUS until the government allowed Khazanah to kick out the minority shareholders.
All shareholders will be given a 10% discount on NSH tolls.

Therefore, I urge the government to sell PLUS back to the people. 

Saturday, July 18, 2015

1MDB Scandal - Take the POLL

There has been a lot of information and misinformation right from the moment the 1MDB scandal broke and the PM has only declared that the monies in his accounts were not for "personal" use, whatever that implies.
Thus far, we have had allegations of money laundering, tampering of evidence, blackmail, murder and even conspiracy.
This poll is just to get a feeling of what is your reaction. Thanks for your participation!
 
survey service

Thursday, July 9, 2015

The Main ISSUES about the WSJ and 1MDB

They say a picture paints a thousand words so this flow-chart may help you to understand the 1MDB fiasco and why the Malaysian PM is fighting to keep his post....


Monday, June 15, 2015

Missing MH370, missing billions of 1MBD and now missing oil tanker? What's next?

Maybe we will have a missing Prime Minister! 










(photo:thanks to astroawani)

Tuesday, December 16, 2014

A Good Example of a BAD Bureaucracy?

There is this story that has a happy ending but I just wonder how many applicants died before they could receive the good news?
One more reason why local council elections would benefit the ordinary citizens who are struggling to survive.
20 years to solve cleanliness and traffic congestion issues! I wonder how long it will take to find solutions for problems in the proposed nuclear power stations?

Wednesday, February 26, 2014

How a Nation Like Malaysia Can Avoid Water Shortages

Iguassu Falls, Argentina/Brazil


It will be a shock for Malaysians to realise that Selangor will enforce water rationing by the end of February 2014.
This will have a major impact on investors and also productivity as households and factories have to cope with an interrupted water supply. The idea of having to store water in buckets and other containers sounds rather third-world so we should examine how this water fiasco has managed to develop.

There are three main players in the water saga.

SYABAS controls the treatment and water distribution of the state. It was created by the authorities in a privatisation deal that many feel is not fair to consumers.
SELANGOR authorities who have to work with SYABAS to supply water to the treatment plants, mainly from rivers.
SPAN is the Water Commissions Board that has authority to manage water resources.

This article from The Malaysian Insider explains how we have been "taking-water-for-granted"
.
According to the article, "Our archaic water pipes have been left unrepaired for decades and this has given rise to leaking pipes and wastage of precious water, as highlighted by our unrealistically high non-revenue water ratio of 36.4%. Some 1,994 billion litres of water was lost in 2012. By comparison, the non-revenue water ratios of Japan and Singapore are only 3% and 5% respectively."

This means we are losing more than 10 times non-revenue water compared to the two nations.
For every 100 cubic meters we treat and pump, 36 cubic meters are lost! It was also reported elsewhere that the SYABAS CEO enjoys a salary package of about RM600k per month but in any other company with such losses, the Board of Directors would probably remove him.

After the 13th General Elections when the Pakatan won Selangor state, the lack of good working relationship between SYABAS and SELANGOR authorities has caused the water supply system to degenerate.
SELANGOR wants control of the entire system but SYABAS is holding out for a higher price. Now even in a water shortage crisis, it seems the three parties cannot come together to work out problems. Instead we get the blame game blasted via the media.

As a resident of Johore, I have experienced this privatisation process or some prefer to call it PIRATISATION. First of all, there was an IPO about 10 years ago with the usual blurb by merchant banks about Johor state wanting residents to OWN a part of the water supply system.
Within 4 years, there was a MGO and investors were advised to sell and invest elsewhere to get better returns and during the period, not a single SEN was paid as dividends. Yes, the company was also taken private.

I believe the ENTIRE water supply chain should be under the control of states and not sold to a third party. However, the state can allow companies to take up a minority stake in the state company to provide management resources. In this way, consumers will not be held to ransom by conflicts of interest.
With this scheme, residents will know where to vent their anger when the taps run dry.
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