MY first project

My land was successful bought at RM 140,000. This piece of land will be my first project to do in my lifetime. My plan is to build one food court at Sungai Mati Town. Although it need to takes few months to get all documents proceed and and few months to build, hopefully whole project done by 2009. But at the moment, I will set up some beautiful tents to rent to some stalls such as food stalls, fish & veggie stalls, kuih muih stalls..(depend who will calling me,hehe). Y I want to do that at first? Three reasons: one is test local market and let many people know that place. Another reason is to collect some rental instead of put the land there empty (one month interest will be RM400+). Lastly, when food court is finish build, these stalls might shift into and they can continue their business. Cost of the testing market will be (two big tents RM200) + (cut the grass RM20) TOTAL RM 220. Quite cheap. Period of testing start from March till end of the year 2008.

The reason why I choose small little town to build food court:
1) Cheap land and the land is at the roadside. Nowadays hard to find the roadside land in Sungai Mati especially to buy a small piece of land. Got also very very expensive.
2) Four Chinese schools are around Sg. mati. (Pei Hwa Primary Sch, Pei Hwa High Sch, Pei Hwa Malays High Sch, and Sungai Sendok Chung Hwa Sch.) So, we can see based on the situation in Muar. In Muar, we have so many of food courts around and of course lots of schools in Muar too. However, when we look at Sg. Mati, not even one food court along the way from Muar Bridge to Tangkak although there got four schools at Sg. Mati. For me, I think it will be the high demand for the Sg. Mati people to have one nice food paradise.
3) Nice location. The land is a walking distance from the Pei Hwa Primary School and also other schools. I hope it can be a food paradise for parents and their children especially after school or tuition.
4) The land is only way to go through from the Tangkak highway to Muar town. I am confident that it will attract some other consumers such as Singaporean, Kuala Lumpur people and other out town people to actually stop by and enjoy the local food.

Few weaknesses of that piece of land: (disadvantages and problem need to face)
1) Parking space. According to my research, inside of this piece of land can only park 16 cars. 8 one row and another 8 one row. But, at the small town, it should be enough. Hopefully, the food stalls are sell very nice food and this parking space will not be a problem. Of course I got the secret marketing strategies to deal with this problem.
2) Malay people are living around two sides. It might be a problem to selling Chinese food. However, I already discuss with both side of neighbors and said that we are not selling pork stuff. Malay and Chinese people also can come and eat. But I know we can’t get halal license, no malay will come and eat, never mind as long as we have Chinese customers is enough already. I just want them to cooperate with me and no much complaint.

So, for this business we can do research by doing SWOT analysis.
Strength:
Nice location (many schools nearby & Tangkak highway)
Cheap land. This piece of roadside land will increase price in next future.
First mover advantage. Our food court is the only one is Sg. Mati.
Easy to manage. Rent out the stalls and collect rentals with just little of management so that I can still can separate myself and do my work or second project.

Weaknesses:
Parking space
Malay people both side.

Opportunity:
Out town people and visitors can stop by and enjoy food.
Increase my famous in Sg Mati. (dealing with headmaster and teacher and this will easy for me to develop my second project.)

Threat:
No much threat and competitors cause we got first mover advantage.

Below are some land pictures:

US Fed cuts interest rates by 75 basis points

The Federal Open Market Committee has decided to lower its target for the federal funds rate 75 basis points to 3½%.
The Committee took this action in view of a weakening of the economic outlook and increasing downside risks to growth. While strains in short-term funding markets have eased somewhat, broader financial market conditions have continued to deteriorate and credit has tightened further for some businesses and households. Moreover, incoming information indicates a deepening of the housing contraction as well as some softening in labour markets.
The Committee expects inflation to moderate in coming quarters, but it will be necessary to continue to monitor inflation developments carefully.
Appreciable downside risks to growth remain. The Committee will continue to assess the effects of financial and other developments on economic prospects and will act in a timely manner as needed to address those risks.

I think for sure market will rebound some in next fews day, however, these Fed cuts still cannot solve the US problem yet. One, two day up but when once again big drop just consider buy.. I got plenty of bullets to go in market but dont catch the falling knife. Will wait and see..Wow..airasia drop till 1.44..mahsing drop back my buying price..

target price reach..yeah..sold my mahsing at 2.10

Although return just earn few thundred bucks but this maybe the biggest ang pou for me before chinese new year and election.. These few weeks will monitor the market.. maybe will have another bull run b4 chinese new year..This two day maybe market will drop and not so good.. Its time to buy some lo.. Lets see what counter i can get to hit and run b4 new year..hehe..

see.. the steel counter.. i just put up my blog only

03-01-2008
KUALA LUMPUR: Steel stocks rallied yesterday as sentiment was bolstered by China’s move to raise the export duty on low value and semi-finished steel products by 5% to 15% effective on Tuesday.

Analysts said the higher export duty was expected to boost the Southeast Asian long steel products. Southern Steel Bhd gained 41 sen to RM2.21 and its loan stocks jumped 27 sen to RM2.04. Ann Joo Resources Bhd added 27 sen to RM2.94 and Kinsteel Bhd firmed 24 sen to RM1.58 while the warrants jumped 21 sen to RM1.36.

Lion Industries Bhd added 17 sen to RM2.33, Melewar Industries Bhd rose 14 sen to RM1.53 and Malaysia Steel Works Bhd 13 sen higher to RM1.81

Happy new year !!!! Looking for Year 2008 ...

Crude palm oil (CPO)
Crude palm oil (CPO) prices will continue to remain firm and drive the growth of the plantation industry this year amid high crude oil prices and tight supply of cheaper energy sources. DBS Vickers is maintaining an upward bias on CPO for 2008, with an average price of RM2,700 to RM3,000.
Stock picks
In spite of the industry’s volatility, the plantation sector remains attractive to investors. Plantation giants like Sime Darby Bhd, IOI Corporation Bhd, Kuala Lumpur Kepong Bhd are among the top picks among fund managers and brokers.
He added that investors were also keen to invest in second-tier plantation stocks such as United Plantations Bhd, Tradewinds Bhd and Asiatic Development Bhd based on their cheaper valuations.
Oil and gas players
In 2008, more upside is seen for the local oil and gas players on the back of strong oil prices, premium rates on chartered vessels for upstream activities, upcoming infrastructure projects and deep-sea exploration activities. On average, they said oil prices would remain high next year at between US$75 per barrel and US$88 per barrel (RM251.25 and RM294.80), on the back of tight supply and high demand for fuel that would further boost both upstream and downstream activities worldwide.
Stock picks
Favoured stocks included KNM Group Bhd, Wah Seong Corporation Bhd, Alam Maritim Resources Bhd, Muhibbah Engineering (M) Bhd, Eastern Pacific Industrial Corporation Bhd (EPIC), Petra Perdana Bhd, Tanjong Offshore Bhd, Dialog Group Bhd and Kencana Petroleum Bhd.
Among its top picks, the research house favoured KNM for its compounded annual growth rate (CAGR) of 57% for FY07 to FY09F, high return on equity (ROE) of 35% and commendable contract replenishment with high order book of RM2.5 billion. It has a buy call on KNM with a target price of RM8.30.
Steel price
Steel price will keep increasing and the price will increase about 20.35%to 20.91%. Due to the high demand of steel, especially china, in year 2008 , government will increase again the steel price.
Stock picks
Masteel and Ornastel