Thursday, August 27, 2009

Raining Cats and Dogs in Penang

It has been raining cats and dogs in Penang past few days. Looking at the weather forecast ...
# Tonight: Scattered showers and thunderstorms. Low around 75F. Winds light and variable. Chance of rain 60%. Rainfall possibly over one inch.
# Tomorrow: Variable clouds with scattered thunderstorms. High near 85F. Winds W at 5 to 10 mph. Chance of rain 60%. Rainfall possibly over one inch.
# Tomorrow night: Variable clouds with scattered thunderstorms. Low near 75F. Winds light and variable. Chance of rain 60%. Rainfall possibly over one inch.
# Saturday: Scattered thunderstorms. High 86F. Winds W at 5 to 10 mph. Chance of rain 60%.
# Sunday: Scattered thunderstorms. Highs in the mid 80s and lows in the mid 70s.
# Monday: Scattered thunderstorms possible. Highs in the upper 80s and lows in the mid 70s.

Looks like if it keeps raining like this I might need a boat to get to work. :P

Wednesday, August 26, 2009

Saturday, August 15, 2009

Tony Fernandez into Mobile Phone Business.. TuneTalk


Tune Talk, which Celcom has a 35% stake in, is finally set to launch a new prepaid mobile
service next Weds. Tune Talk is an MVNO that rides on Celcom's network. "We are
offering voice, SMS and and data services on a 2.5G platform. A user just needs to buy a
SIM card for RM5 and insert it into his mobile phone, choose the number he wants and he is
connected to our network," Tune Talk CEO Jason Lo said.
• Apart from Celcom, Tune Ventures owned by Datuk Seri Tony Fernandes and Datuk
Kamarudin Meranum has 37.5% stake, with the remaining 27.5% held by Datuk Seri
Kalimullah Mashreerul Hassan, Lim Kian Onn, Lo, Gurtaj Singh (COO of Tune Talk) and
Mark Lankaster (CEO of Tune Hotels). Celcom has an option to riase its stake to 51%
within three years when Tune Talk's subscriber base reaches 1.5m. Lo expects the
capex over the next 3-5 years to be RM40m-50m.
• "Our product offering is going to be unique as every day we will be giving out 10 evouchers
to the highest voice users. These vouchers are valued at RM200 each and can
be redeemed for air tickets from AirAsia. We will also provide personal accident
coverage to all our users and this is provided by or partner, Etiqa Insurance." (StarBiz)
Tune Talk's association with AirAsia and Tune Hotels will likely make it one of the
strongest MVNO in Malaysia. We believe it will target the youth and low-end segments,
riding on the "budget" branding of AirAsia. However, with Celcom being a shareholder and
vendor of wholesale minutes, we do not think Tune Talk will be predatory in its pricing.

Tuesday, August 4, 2009

I-Dance Campaign "HIP HOP Night"



Nothing to do on this weekend? Well, there is a FREE 90-minute concert with hip hop dance performances which is a new genre of street dancing.
There will be an exploding Street Jazz, "popping", "locking, breakdance, "krumping", "newstyle" and many more. There will be local hip hop dancers from Danzity, DZ Crew, Floorflava, Dvol, Imagine Force and etc.
Details below:
Date: 8th August 2009
Time: 8pm to 9.30pm
Location: Esplanade, Penang
Admission: FREE
Organizer: Danzity

Schedule:

8-8:30pm
FREE HIPHOP DANCE CLASSES FOR THE PUBLIC - using not just one, but MANY of Michael Jackson's songs

9-9:15pm
LAUNCHING CEREMONY

9:15-10pm
DANCE PERFORMANCE , FREEBIES GIVEAWAY BY THE SPONSORS


I-Dance Campaign Malaysia 2009 (I-DANCE 2009) is a series of dance related activities and events held throughout a period of 5 months starting from August to December 2009.

This project started in 2007, brainchild of Sean Loh, a local dance enthusiast and professional dance instructor.

I-Dance Campaign 2008 was a success with a national audience of more than 1,000,000 with media coverage by TV3, Bernama, The Star, The Sun, News Straits Times , Berita Harian, Kosmo, Sinar Harian, Sin Chew Daily, Kwang Wah Yit Poh, Guang Ming Daily, China Press and etc .

The term “I –Dance” tags this campaign to reflect the objective to increase number of people who choose dance as a part of a healthy lifestyle. These people will say “I dance” or “Saya Menari”.

Monday, August 3, 2009

Bull Market??

Frankly, the market is getting ahead of itself. Let's see how this pans out it is in next few months. Someone plotted a table of a sample of indicators showing bullish trends i.e. 50 day moving average above 200 day moving average.