Pertama holdings[Harvey Norman]may be privatized

A flurry of activities recently by the Holding Company in Australia to consolidate its shareholdings cheered its shareprice.

A privatization is in the cards, because

1) The holding company and family trust controls almost 70% after bought out 17% from a key shareholder for $0.65 a piece. Plus around 9% by FMR LLC, the public shareholding is less than 13%. The company will also need to buyout the 40 % shareholder in Harvey Norman Ossia from Ossia International Ltd.

2)Pertama Holdings’s profits recovered in 2010 after the financial crisis. Profits even increased last quarter despite having opened a new outlet in 1 Mont Kiara which costed between RM5-10 million.

3)Harvey Norman Holdings has bought out some associates’ interest in Australia. It has also bought out 30% share in a company in Malaysia from a shareholder.

Thomson Medical Centre Pt 2

I foresee a medical cluster at Stulang Laut, JB which consists of
Thomson Medical Centre(birth delivery, post natal), and
TMC Life Sciences(fertility consultation) in the spirit of one shop station(一站式/一条龙 in Mandarin) where usually the producer would capture the upstream and downstream profits by being involved in both.

prices will be about 20-40% lower compared to when it is done in Singapore
why Stulang Laut, why not Kempas Baru or Impian Emas or Bukit Indah?
My opinion is that it is likely that there would be only one stop for the MRT extension from Singapore to Malaysia by the Singapore side. Putting it in Stulang Laut will enable it to capture the patient from Indonesia and beyond besides Singapore. Also, it will be nearer to Singapore compared to the other medical centres. e.g. Columbia, KPJ and other upcoming specialist medical centres.

NLA efficiency

NLA efficiency is the ratio between NLA(net lettable area) and GFA(gross floor area). The more efficient it is, the more packed the mall/building is, unless the management/developer is smart enough to deflect some of it thru creative use of round/honeycomb/dome shape structure or water fountain or some other attractions.

Outgrow your problem

“Impossible is something that people try to reason to themselves in order for the status quo to remain the same" by la papillion

In this case, if we apply it to a company

“Impossible is something that company try to reason to itself in order for the profitability/growth to remain the same if not declining"

For example, OLAM, OLAM was a middleman all along, until one day the founder found that it is increasingly under competition in the sense that more and more growers/planters bypassed them and went directly to the buyers. It then launched an ambitious project to go upstream and the rest is history.

YTL Power

YTL Power stock prices has been on the decline since the launching of YES 4G. I am struggling to understand its move as the public has been. After reading a blog post in http://goodstockbadstock.blogspot.com/, I found the answer. Basically, YTL Power is hedging for the future. The first generation IPPs contract in Malaysia will expire gradually in the near future(5-15 years if I am not mistaken), the double  digit yields enjoyed by them may be reduced to single digits upon renewal of the contracts or may not be renewed). YTL Power is trying to get a new revenue generator which has stable growth(ElectraNet, Wessex Water, Jawa Power, Power Seraya….look at the acquired assets as a group and you shall see some similar features)

Penang - Reverse brain drain

A number of policies has been in place
Property prices has rose
Penangites has come back from afar
Soon it will attract a limit nos of talent from E&E and services industry

The legitimate wealth transfer

Insiders bought shares at low price and then uses a variety of methods to push up the shares price. And then, and then the company iniatiated share buy back. Whose shares the company bought back the shares from? Where is the source and destination of the money? Think my friends. Think.



Fictitious names/companies/characters/stories copyright © 2011 Aenith Inc. All rights reserved.

Life money illusion

This book briefs us about how the present monetary system came about, how capitalism drives the printing of money creating inflation and deflation. More specifically, this book talks about why the current system is not sustainable, that the world must find a better way rather than blindly chasing for growth, so that our future generations will not inherit an inhabitable world from us.

The internet economy

I was reading Ramit Sethi's newsletter, and the few lines in the end of the newsletter strikes a cord in me, eering similarity with a book titled "Zero Cost Economics" that I read recently

Gandhian Innovation - Bharti Airtel

Read an article in HBR recently titled “Gandhian Innovation” by C.K. Prahalad and R.A. Mashelkar What captured my eyeballs was that the paragraph talking about how Bharti Airtel was losing money until it decided to change tact from looking at profit margin to looking at revenue as key business ratio. I am suspecting Singtel learnt from their partner, Bharti Airtel and brought it over to Singapore. First with its prepaid business since few years ago(you can note this by looking at Singtel’s  prepaid users net adds  per quarter or looking at ARPU that keep making new lows.) and now expanding the same strategy to mio TV line of business as well.  Starhub looks increasingly fragile to me. Bharti Airtel, 1 cent per min in India…hmmmm

Coming consolidation of China Sports Apparels Industry

The winner will not be the one who have the best design or the most number of outlets, it will be those who have deep pockets/good relationship with states/banks and whoever able to garner wide support from distibutors.

Oceanus

Strategy gone wrong. Oceanus strategy of offering abalones to the public at mid market prices is noble and commendable. But the thing is, abalone is discretionary consumer items. A customer is not likely to visit monthly just to savour the dishes.

Crowdsourcing

F1 Singapore introduced a new type of ticket as a result of customer feedback. You dont expect a low margin product/service offerer to do the same right, do you?

Guocoleisure

A potential privatization is in the bag. and Marathon will not accept Quek Leng Chan’s lowball offer

Navis Capital

sought out investments in niche areas, consumer sectors and service industry

cash out by selling out to big corporations and mncs

http://naviscapital.net/portfolio/investments-made-by-navis/

Backpack with fashionable security tag

Imagine one day some thief try to snatch your handbag
but luckily you do have a security tag masqueraded as handle
as such the attempt was foiled

changeable skin of spectacles

Imagine one day you will be able to change the skin on your spectacles
just like what you are doing with your mobile phones

Shirts with some umpphhh

How about shirt for men with colourful bra-string like features?

Posting from the future

There's been option to publish posts in the future for blogs for quite some time
How about online discussion boards?

Coffeeshop owner for a day?

Welcome to Lifestyle Experience Economy
where you can finally be a coffeshop owner/actor in music video for a day
Who would be the first one?


Existing Lifestyle Experience Provider- i.e. Richard Branson's plane to the outer spaces for the riches

updated: just found out there's a job term for it
experience architect.

the job entails creating a lasting encounter for the consumer, whether it is with products, building, or events. The experience architect must make sure that the experiences are memorable in a positive way, so that the consumer would want to attend again. Also, another point was that the experience architect should always give something special to the customer, so that it will lead to good karma. They must be able to find an experience out of everything, where they can turn everything into extraordinary feats. One example of the experience architect performing a good job would be the anti-freeze story, where the customer was able to say time and effort would premixed antifreeze. With this, architects are able to profit off of the experience. Another point that Kelley makes is about the trigger points for experience architects. There must be one or two essential elements that make up the experience. Kelley also advices that companies "mix-it-up" in terms of products to make the experience stand out more