Fucking pissed off with idiotic humanoid

Today, 24th January 2009, was a tremendously disappointing day for me. Today was supposed to be held a 5Cekap gathering/reunion, organise by me. I was told by A to set a date when we can meet-up, for A had just returned from Australia. Therefore I invited five (5) other former classmates to participate in the msn conversation. A, B, C, D and E agreed to have a 5Cekap reunion on the 24th January. I selected that date, it was at my own prerogative to select that date due to one (1) paticular reason. Not everyone shares the same semester holidays. I may be having a university break now but not everyone, because not everyone is studying in the same university and the same course, therefore I made a general assumption that most people would be free as the Chinese New Year was near. It's either organising it on a random weekend where not everyone can make it, or held it near CNY where most could make it. It was a dilemma for me to decide. I decided to cut my loss and proposed to held it on the 24th January as it is near CNY. Therefore I proposed in the conversation and it was well accepted. Second was to decide the venue, B proposed Midvalley, and everyone agreed to it. Thirdly was the time, I said at 11 a.m., but C said too early so have it at 12 p.m. (What the fuck is the difference with just one (1) hour?) E said not sure whether can go or not but most probably can. Therefore it was decided to have the reunion on the 24th January 2009 at Midvalley at 12 p.m. All 6 agreed.
I begin spreading the message through facebook and sms-es as I was the official organiser, regardless you fucked people agreed to it or not.

On the other hand E did mention privately to me, that I was wasting my time to organise this reunion as this class is a shit class. I took no hid to his advice as I BELIEVED people would change and this time could be a well planned out gathering.

So i sent the message "5 Cekap gathering at Midvalley on the 24th January 2009 at 12 p.m" invitation to (It was one week before the scheduled gathering):
-Yi Jien
-Foong Ang
-Ross
-Wai Chien
-Da Qiang
-Izzah
-Zheng Joo
-Sze Luan
-Hui Wen
-Elisa
-Denise
-Evelyn
-Melissa
-Hsiao Yinn
-Chin Yin
-Diana
-Joel
-Lesley
-Deepa
-Logan
-Wai Tseung

Those replied:
Foong Ang; Ross; Sze Luan; Hui Wen; Hsiao Yinn (through Hui Wen); Elisa; Denise; Melissa; Chin Yin; Diana; Lesley, Logan, Wai Tseung and Deepa.

Those that commited going:
Foong Ang; Ross; Sze Luan; Elisa and Diana

Those that didn't replied, I tried communicating through other channels; sms and also ask those replied to help me contact them.
Ross was to handle Elisa, Diana, Khairul & Adham if he meets them at mosque for Friday prayers
Joanne was to handle Da Qiang and Joel
The rest is me.
Finally, twelve (12) people confirmed.
Then I sent a msg to those coming to inform them to meet at McDonald's Midvalley at 12 p.m sharp on the 24th January on 22nd and 23rd of January.
On the 22nd January, I told B on msn to be at McDonald's, Midvalley at 12 p.m. AndOn B's reply was "Sry I can't go coz balik kampung early"
On the 23rd January I send the massive msg "24th January Midvalley at 12 pm, meet at McDonald's", C called to say would be busy helping grandma make cookies so can't make it and also due to the denggi outbreak. I message Lesley to remind as required by her.
On the 24th January, E and Ross tried calling me last night but I was asleep result of exhaustion while working. Hurry make a call to them. Then called A, was told A was suffering food poisoning, therefore can't go.
Some didn't reply my message through facebook and sms-es whether can go or not.
I was adviced by E and Ross to cancel it due to lack of response.
Finally I drew the line to called it cancel.
Foong Ang received it well, Sze Luan was dissappointed, Joanne Loke received it well and I assumed Da Qiang received it well, Elisa recieved it well.
I'm sorry to the above mentioned, as I had wasted your time in hoping this reunion would run sucessfully. After that I sent a massive message to those concerned that the gathering is "OFFICIALY CANCEL due to lack of participation".
My frustration lies at two (2) points, number one is non-replying attitude. Number two (2) was B's attitude and finally C's attitude.

(1) Melissa and Chin Yin replied me on late 23rd January; some people NEVER reply my message, many people didn't bother replying my message on facebook.
(2) If I didn't message B on msn to remind coming on 24th January to Midvalley at 12 pm and meet at McDonald, B would had kept mum that B can't make it due to balik kampung early and I would be assuming B would come after committing it during the initial msn planning session
(3) C was no different than B, if I didn't message, B thought the gathering was cancel, as B's first sentence was "Thum, the gathering still on ah cause I got things to do"

For issue two (2) and three (3) was a total fucked up reason, because you two committed during the initial msn conversation and agreed to that date as per mentioned. You two were 2 of the 6 initiators of this plan!. Canceling your participation would be no problem to me but AT LEAST you could tell me and NOT ONLY tell me when I ask. Where the fuck is your sense of responsibility!? I have a responsibility to ensure everyone receive my message well. When it was canceled, my most prioritised worry was if anyone was left stranded at Midvalley not knowing the reunion had been canceled, and that was Deepa and Denise. I sent messages through facebook asap at 8.15 a.m. in the morning. I made sure everyone got the message through sms-es asap as I was shit worried. How many replied? Handfull only replied and that made me even more worried. A's food posioning was unexpected therefore wasn's A's fault at all as Ross was supposed to pick up A IF the plan were to run on course.

The most hated part was issue one (1), unreplied messageS, regardless through online facebook or sms-es. Communication is very very important. One's reply could change everything. Where the fuck is you're responsibility?! If you can't even reply a message through sms, don't fucking bother have a handphone!!!!!

I really thought everyone grew up for the last two (2) years to be more responsible and prioritise accordingly. I was stupid enough to trust that, E was totally right for the fact that 5Cekap would remain a null and void class till the end.

Throughout this issue only two (2) person assisted and keep continuing updating me on issues regarding the 5Cekap reunion and that is Bay Shing Shen and Ross Ariz bin Mazli. Thank you so much but unfortunately our effort lie wasted at the hands of idiots.
To my 5 Cekap classmates who contributed to the cancelation of this 5 Cekap reunion, three words from me,



"Screw you all!!"

If there is a gathering I'll do it for my close friends, they are Bay, Ross, Adrian, Ji Yung and Logan. I am damn proud to have them because they are damn dependable upon.

To 5Cekap:


"GO TO HELL LA!!!!"



For that I'll say: I GIVE UP!

Barbeque pictures.

Some pictures of the farewell. Who's farewell? Me lah of course. Well besides for Lam, Chieh Ai and er Lip Boon (I dont really know this dude). A very long overdue picture post, thanks and appreciate alot for organising at Jerry's condo. Wonderful barbeque.

Lam (left) and Jerry

And yes we indeed got wet, result of being tossed into the pool. Hence, form two (2) new groups, Pakatan Kering (those managed to stay away from the pool) and Pakatan Basah (*enuf said*)

I was in the latter one.

Welcome Mr. 44th President

History is in the making for the first black president to hold the key to the White House on top Capitol Hill. Inauguration of the 44th President of the Unites States of America, Barack Hussein Obama. May he be able to commandeer the wheel of economies out of the uncharted waters and together recalibrate the financial system. End of Bush-ism and the beginning of Obama-ism. Embrace change for the near foreseeable future.

"Stand together and prepare for the recession onslaught"
-ChunHon 09'-

Paradoxical End Of The Oil Age

The credit crunch assault intensifies, pummeling deeper into the world economies. The best example to examine it to date is the eroding oil price. No doubt, much anticipation is loaded up for the coming Year of the OX. Even the Westerners believe in Chinese animal zodiacs. The year of the ox significantly represents sheer hard work and persistence will grant rewards at the end of the darkened tunnel. In economic terms, it represents the coming of the bullish market, which has long absent from the financial world. The desperadoes need it to kick start the growing stage of 2009. So-called the healing period. Many countries had fallen to the ultimate recession. Ireland had been declared bankrupt last year and currently seeking assistance from the International Monetary Fund Organisation (IMF). Undeniably, America had fallen into deep recession long time ago, they are just denying it! Detroit Automakers are still scrambling for funds from the USD 700 billion stimulus package announced by President Bush last year.



Now back to the oil context. The price of oil had suffered a sharp decline once more (now future trading for the month of February is at USD 35.40 per barrel on the NEw York Merchantile Exchange) despite the heroic efforts by the OPEC to slash production by 4.2 millions of barrels per day. The problem with oil demand lies at the disposable income structure of consumers. America provides the largest demand for most of the global output, whether they are from China or internally manufactured. That is why China is yet to be qualified to take over America as the economical powerhouse of the world, the spending factor of Chinese is still lower compare to Americans thus not being able to generate the huge demand required. In normal terms, the chinese are still not willing to spend as much as the Americans. Which one way is good and bad the other way. Because of Americans usual lavish spending, they tend to spend more then what they can afford. They even took up loans to finance their buying lust. This lust finally turn into the sub-prime mortgage crisis (i.e. low-doc crisis) which now drags the whole world into economic meltdown. OPEC has no longer control of the oil price (they can't control when it was skyrocketing, neither now can they control when it's free falling). The USD 147 per barrel had shaked the very foundation that builds the demand structure for oil and gas globally. Consumers are now reducing their dependency on oil, but slowly they will switch to other energy alternatives, so long as economical growth is projected into the well being of the consumers. We need to grow, so if oil can't sustain our growth then other viable source of energy might provide the necessities to jump-start the growth back. Oil is cheaper than water in the early era of the oil age. The cost of pumping out one (1) barrel of oil from the ground of Iraq cost only USD 1. The additional cost are all production cost (e.g. distilling).
All it takes is one major crisis that would cause a domino effect to break the dependency attitude towards oil. And the crisis has occurred, causing people to switch to other substitutes (e.g. hydroelectric, bio fuels) . To simplify my justification, consumers are afraid to spent unwisely with commodities that are exposed to uncontrollable fluctuations. To say the least, the oil age is coming to an end!

5 Cekap 2006 Seafield reunion for the year 2009

Hey peeps, news for former 5 Cekap members.
A reunion would be held on the 24th January 2009 at Midvalley Megamall, approx. 12 p.m. Please make a slot available in your busy schedule as this is once in a year occasion. The date was selected based on the assumption that most of you all would be having the Chinese New Years break as it falls on the 26th of January, therefore should be back home in time for the reunion. Please if possible, do provide some feedback on what to do on that day besides going for a decent lunch together on the same table and catching up with each others life since leaving school two (2) years ago.

Currently, the plans for the day are :
(1) Bowling
(2) Karaoke

The people who are confirmed:
(1) Me
(2) Li Jen
(3) Joanne Loke
(4) Kuan
(5) Bay

(6) Foong Ang

(7) Sze Luan (pending)

(8) Logan (pending)

(9) Ross

(10) Elisa (pending)

(11) Diana

(12) Deepa (pending)

(13) Denise (pending)

(14) Da Qiang

(15) Lesley (pending)

(15/36 friends coming so far)

(Will update when more feedbacks and participation are contributed)

P/S Please make it a great reunion and not like the other reunions where people split up at the sight of each other (guys vs ladies).

On top of that please do spread the news to all 5C friends. Do some marketing people!!

Kind regards.

Kuasa Bahasa Melayu saya didapati telah terhakis. What the hell i just said?

HEY I just have a shot chat with this Malay dude in the office while we were doing some paper work, and when I spoke to him in BM, and found out that I sux at speaking that language.

Haven't been speaking it for sometime then crap out like real crap, like real suck kind of crap. So damn crap. DAmn.

Terima kasih atas perhatian anda.

Mark-to-market Disclosure Ensuring Confidence Rebuilding In Accounting Stewardship

Mark-to-market accounting standard which is nearly the same [in a generalised way] as impairment of assets is one of the few factors that had contributed directly to the credit crunch [apart from overexposure to the derivative market], especially in the financial sector. Mark-to-market is utilised to reevaluate the value of holding assets, inclusive of tangible and intangible, while impairment of assets, according to the Australian Accounting Standard Board (AASB) allows only the devaluation of value and not upward valuation which is utterly bias (Technically speaking, the value of assets fluctuates throughout the accounting period, positively through asset appreciation-e.g. property price and negatively through asset depreciation- e.g. machinery due to wear and tear usage). Generally, mark-to-market is currently the moving trend in accounting measurement on the Statement of Financial Position and Statement of Financial Performance, critically adopted in the asset and liability region. It was implemented during the turn of the 20th to the 21st century, further spearheaded during the ENRON accounting scandal. ENRON implemented the use of special purpose vehicle (SPV) to shift most of it's heavy losses and constant betting in the financial markets to get rid of it from their books in order to look financially strong, when in fact the behemoth company had been over exposed to multiple heavy losses which was detrimental to the well being of it's shareholders [If they know it]. Therefore after the incident, accounting boards across the globe cohesively announce a joint motion to establish a global rule to encourage and even make it a mandatory [by necessary means] for certain companies to adopt it.

The advantage of having to adopt this rule by the view of the shareholders is that a more precise outlook would be given by the company's report. Assets, equities and liabilities are the most essential information to the shareholders. In the prudence concept, assets and revenue SHOULD be understated while liabilities and expenses SHOULD be overstated. This is to ensure a precise decision making process could be conducted based on those information. Decisions dictates the mobility and adaptability of an organisation. Therefore information should not be doctored in anyway that could jeopardised the genuine outlook that the information should had provided to the shareholders. To say, "provide undoctored information would ensure the sustainability of the organisation" is fairly easy, but how to ensure the demarcation of influence between the information collector and information provider. Could the accountant ensure that the information [Statements of accounts] are reported based on the information collected. Therefore a third party would had to interfere and that would be the accounting boards that would need to announce the new implementation of accounting rules. When every company adopts the mark-to-market rule in their reports, then every company would be playing at the same level because the value of assets are based on natural demand. But how many organisation would want to play clean? And that's where the flaws comes in. Objectively looking, the theory sounded feasible but humans are still humans that will always be flooded by greed at the look of power. The practical utility of it is still primitive.

The negative impact of implementing this rule at the turn of the century causes many large corporate company to felt loss at the drop of their market capitalisation. If a leading company was incorporated in the early 90's and at the turn of the century, was force to submit to the ruling, their market capitalisation would had fallen despite their excellent management sustainability throughout the years. That would be unfair to their shareholders. Smaller companies would had mounted an advantage with the ruling but what about previous huge corporation. Valuing a company based solely on their financial report that are affected by the mark-to-market rule as the yard-stick would be bias as the company can offer other advantages to the economy such as excellent HR management. The capitalisation of one methodology of assessing the fundamentals of an organisation would be unjustified for the entire global company network. On top of that, how would mark-to-market intangible assets work when the conventional method is yet to be proven relevant. We are talking about brand, goodwill and etc. How to solidly value a brand's value? Conventional method provides only an estimation and through the mark-to-market rule, we are implementing it on an insecurely valued asset item. A useless method valuation implemented on a useless junk, what would there be in the end? A useless valuated junk!

On the other side of the argument, by implementing the mark-to-market rule to every company regardless of their previous corporate governance methodology, we could weed out those companies that aren't genuinely having the stated market capitalisation. In other words, we can eliminate fraudulent companies. The greatest example of it is ENRON. The next of keen to that position is Lehman Brothers. Commercial papers were mark-to-market causing substantial losses in Lehman's derivatives exposures, which ultimately causes the fall of the 150 years financial institution. It also tells off the corrupted governance of previous financial giants, such as Barclays of United Kingdom and Bear Sterns of America.

The year 2008 has been carved in the history books as the most troubled years since the Great Depression of 1930. Pummeled not only by natural disasters and terrorist attacks [India's financial hub, Mumbai] but also the mammoth unpredicted size, credit crunch.

The picture above is from an email I received. The entire email show the wonderful picture of mother nature taken from various countries. This particular struck my mind because it was the only picture that I had ever taken that gave me more inspiration to start taking scenic pictures. The place stated in the email was 'scenery of Europe' but to be precise its Salzburg, Austria. I went there before and the view is exactly the same. If you closely at the bridge there was where I stood to take a shot of the long river with both banks filled with medieval age buildings. I was surprised czuse all the while I thought pictures forwarded through mails are usually photoshop products, but this one blew of my mind. It was real and if given the chance, I'll head back there for a second time. I'll ty to find the picture I took back then to compare with this picture. It's 99.99% the same view, especially the blue sky. Wonders of the world. Wow!

IJN survives from another stupid government proposal.

07-01-2009: Sime Darby drops bid for IJN


by Surin Murugiah
Email us your feedback at fd@bizedge.com

KUALA LUMPUR: Plantation giant Sime Darby Bhd has withdrawn its bid to privatise the National Heart Institute (IJN), a move that effectively relieves the cabinet from reversing its earlier approval of the proposal.

In an announcement to Bursa Malaysia yesterday, the conglomerate said it decided not to pursue the plan after taking into consideration the public sentiment and feedback received since its proposal was made public on Dec 18.

“Sime Darby would nevertheless continue to look for opportunities for expansion in the healthcare sector,” the company said.

Last Dec 17, The Edge Financial Daily had reported that Sime Darby had expressed its interest to privatise IJN. The following day, the company announced that the government had, in principle, approved its plan to acquire a 51% stake in IJN.

The announcement was greeted with a huge public outcry, drawing criticism from various quarters, despite Sime Darby coming out to assure the public that the social obligations of IJN would not be affected in any way by the proposed privatisation.

Even Sime Darby’s chairman Tun Musa Hitam, who rarely comments on the business proposals of the company, came out to state that the privatisation of IJN would not burden poor patients and pensioners as those requiring medical attention were always given priority. Musa said Sime Darby spent about RM3 million annually at its Subang Jaya Medical Centre for needy patients, including heart cases.

But public sentiment against the proposal was overwhelming, forcing the government to relook at the proposal, just two days after the cabinet had given its green light.

On Dec 19, Finance Minister Datuk Seri Najib Razak announced that the government had decided to defer the decision on the matter pending further study. He said that the finance and health ministries, and the Economic Planning Unit would conduct an in-depth study before the government decides on its privatisation.

The finance ministry owns IJN via its 99.99% stake in IJN Holdings.
Najib had then dismissed suggestions that the cabinet decision had something to do with the Kuala Terengganu by-election.

Critics of the privatisation were primarily concerned that a privatised IJN would deprive civil servants of the almost-free medical treatment they enjoy now while non-civil servants would end up paying higher charges.

Civil servants pay a nominal fee of RM1 not just at IJN but also at all government hospitals for treatment.

There were also issues raised as to why a profitably run heart centre needs to be privatised.
IJN posted a revenue of RM287.3 million last year, up 11.7% from RM257.5 million in 2006, according to filings with the Companies Commission of Malaysia. However, net profit was lower at RM13.6 million against RM22 million previously.

Since its establishment, IJN has earned a reputation as a leading centre for cardiac care in the region. It has treated well over a million patients, including former premier Tun Dr Mahathir Mohamad.

(Extract from :THE EDGE DAILY )

Back to normalcy.

5th of January 2009. The day the people of Malaysia return for the year after a long break. Working and schooling back to normal for every Malaysians . Traffic jams everywhere; 7 a.m. - 10 a.m. and 5 p.m - 8 p.m. daily. Level of carbon monoxide reemerges to high levels again! D'oh don't feel lonely working alone anymore cause everyone is back to the old cubicle at work. Ha ha. Now that's nonsensically random, more of an arbitrary moment. Coffee, headache, stress and of course 'screw those paper work shit'.