Review on 2018

2018 items list
Things to be done.
1. Seek hk trading platform to reduce dividend/capital cost / to be done on jan 18./done
2. Better in manage property. property management if can find any better method to manage it./not spend enough time on this.
3. Open SGD trading platform consider if to be done this year./ change to use of IB instead.
4. Learn skiing / to be do on travel. / Not done.
5. Manage rental and Tax/ Rental not. Tax rebate considered in 3 years planning.
6. Marriage on 2018/ delay to 2019.
7. Book Review./ As usual.
8. Attend AGM./ As usual.
9. Attend option/stock class./ Not much attend on class in year 2018.

三年大計(2018 ~ 2020) / 2018
1) 財務自由
首要目標不工作,維持現有開支,
增加主動收入
關注現金流

被動受入

2018年 3k/月 36k年 / 480/月
2019年 4k/月 48k年
2020年 5k/月 60k年


2) 債務水平
2018年危之年/ 已度過
2019年觀之年
2020年進之年

a)2018年危
債務始終龐大不適增加債務；不可重大開支./
2018年放棄買車的想法，持續減債.始終不能有效增加收入.

b)2019年觀
債務適中減少三成；可增加還款比例；可觀察適當優秀資產.

c)2020年進
債務減半；可增加還款；主要購入優秀資產。注意現金流.

3)個人發展
a)成家立業育兒,培育下一代(計劃2018年婚) / 延遲，計劃在第一季完成
b)持續閱讀發展興趣與理財能力 / 學習ETF, Bond.
c)徹底運用週末時間(一周前提前規劃) / 沒有效的完成

4)功課
定期檢視；上課
定期運動；健康至上(減低膽固醇) 
均勻飲食（1周1素食）

5)休閒生活
培養興趣以備退休生活
旅游以及實地考察/ Osaka, Tokyo 
盡情享樂現有的時間最為自己而活


6)後備

國外PR籍

7)待解決問題
現有資產如何增值?
減債減稅務計劃

Solar Year (3) Review 2018

Energy Efficiency
Hold year produce energy as record below,

Year	Generated(Kwh)	TNB Quota(Kwh)	Generated Vs TNB Quota,%
2016	10227	10327	99.03%
2017	8883	10275	86.45%
2018	9210	10220	90.12%

Payment
Payment wise no issue every month payment consider on time. payment made at mid of the month after invoice received.

ROI
To verify on the ROI as below.
up to year 3 recover 51% remaining 49% will cover back the cost, remaining will be earning.

Year	COST	Payment	ROI
2016	64,212.00	10,874.80	16.94%
2017	64,212.00	9,999.10	15.57%
2018	64,212.00	10,441.10	16.26%
Up to date	64,212.00	31,315.00	49%

Expectation for 2018 will be as below.

Year	Year	Projection,Kwh	Expect amount,MYR	Actual,MYR	Variant,%
1	2016	10,327.00	11,012.71	10,874.80	98.75%
2	2017	10,275.00	10,957.26	9,999.10	91.26%
3	2018	10,220.00	10,898.61	10,441.10	95.80%
4	2019	10,170.00	10,845.29

Maintenance

Year 3 non. as not seen significant issue. drop about 5% on efficiency. this year 2018 last 2 month alot of rain monsoon seasson but good is rain at eve time morning still have right sun. overall, generated stable at 800 range, except feb less calendar days.

Bee Hive Expansion experiment

In a coincident known that there is ex College who is having 4 bee hive currently, have recommend and introduce for bee hive to be around home area.

the Hive was brought over from this college as he intend to change the bee to cica instead of itama. cica is bigger size of bee can produce more honey than itama.

over the period, out of curiosity i have done the following experiment with the intention to expand the current hive topping with adding another layer on top of it.

the box was brought from art accessories shop with coincident suitable size and cost around rm 33. to try out.

1st time - failed, the bee seal up the hole without hesitate.
Reason the hole is too small, the bee feel is a leaking hole instead of a new spacious for storage.

2nd time - failed, the bee seal up the hole as well.
Reason the hole is light bigger only, bee manage to fill it up as well.
No photo(forgot to take)

3rd time - failed, the bee took about a week time and seal up the hole completely
Reason the hole was quite big, but i guess without the pollen,propolis or honey to attract it to feel comfort to expand their storage.



















4th time - in review
Action - open up the previous hive and put a portion of propolis nearby to the hole make it feel more comfortable to expand.

This attempt was made on 15 dec 2018
The results is under observation at the moment.

To be confirm again if expansion successful or failed.

Watch list Brusa

No	Stock	Type	Own	AGM gift
1	Gamuda	Project		#N/A
6	dailog	Petrol reserve		#N/A
7	serbak			#N/A
8	petronm	OIL & GAS PRODUCERS		tumble
9	hengyuan	OIL & GAS PRODUCERS		touch&go 20+kfc 40
10	gas malaysia	GAS, WATER & MULTI-UTILITIES		#N/A
11	Nestle	Food	Y	nestle pack food
12	genting	gamble		genting voucher bus and food
13	genm	gamble		genting voucher bus and food
14	petdag	petrol station		giftcard
15	ppb	Food		pbb product
16	IHH	Hospital		#N/A
17	harta	Glove		glove
18	topglov	Glove	Y	glove
19	kossan	Glove		#N/A
20	KPJ	Hospital		#N/A
21	petchem	chemical		MO voucher 100
22	hapseng			#N/A
23	pmetal	Aluminium		#N/A
24	lctitan	chemical		aeon 80
36	klcc	shopping mall		MO voucher 100
37	igbreit	shopping mall	Y	38 voucher
38	sunreit	Mix REIT	Y	food lunch
39	pavreit	shopping mall		#N/A
40	CMMT	shopping mall		#N/A
41	inari			#N/A
42	myeg			#N/A
43	vitrox			#N/A
44	MPI			#N/A
45	unisem			#N/A
46	maxis	Mobile		prepaid 30+kfc 50
47	axiata	Mobile		prepaid 20 + boost 40
48	TM	Fiber		#N/A
49	time	fiber		#N/A
51	MISC	petrol shipping		#N/A
52	airport	Airport		bag + kfc 25
53	westport	sea port		#N/A
56	tenaga	special license	Y	electronic + ae0n 20
57	petgas	Gas		MO voucher 100
60	malakof	IPP	Y	kfc 40(agm notice say no dooor gift)
61	maybank	bank		aeon 50
62	pbb	bank		tumble + parkson 50
63	cimb	bank	Y	30
64	hlb	bank	Y	#N/A
65	hlfg	bank		#N/A
66	ambank	bank	Y	Aeon 50 + oldtown 20
67	MBSB	bank	Y	Tumble
68	RHB	bank		aeon 30 + oldtown 20
70	ABMB	bank		#N/A
71	Aeoncr	Non bank	Y	snack + tissue + tumble
73	Brusa	special license		kfc 40
74	apollo	Food		#N/A
76	carlsberg	Beer		kfc + carlsberg
77	Dlady	Milk	Y	dlady milk
78	F&N	100 plus		F&N product
79	Heim	Beer		hein product
80	kawan	Roti prata		#N/A
81	pwroot	Coffee		#N/A
82	yeelee	Food		yeelee product
83	Haio	MLM		#N/A
85	Ql	Egg		#N/A
87	Allianz	insurance		PA insurance
88	LPI	insurance	Y	gift + parkson 50(need after vote)
92	takaful	insurance		#N/A
93	tunepro	insurance		#N/A
95	HLI	Yamaha motor		#N/A
96	panamy	Panasonic		panasonic voucher 50
97	airasia	short haul < 4 hour		rebate 500
98	AAX	long haul> 4 hour		#N/A
99	padini	Cloth		padini voucher
100	CCMD	medicine		#N/A
101	pharma	medicine		#N/A
102	litrack	LDP,		#N/A
103	Aeon	Mall		Aeon 60
104	Aji	aji product		aji product
105	digi	Mobile		prepaid 100

Overall owe 14 out of 77. still got a long way to go.

進撃の百萬組合 - (8)

九月2018年

馬股(MYR)
資本 197,165
現值 205,794
盈虧 8,629 (4.3%)

美股(USD)
資本 27,028
現值 27,645
盈虧 617 (2.2%)

港股(HKD)
資本 181,024
現值 166,490
盈虧 - 14,534 (-8%)

---------------------------------------------------------------------------------
馬股
九月買進HLB看好銀行升息週期，盈利增進。

美股九月急跌損失去。7k美元。
但過後回升但沒買錯過最好時幾.
思過策略應買股開call同時set cut loss.
開put不能同時expired風險過大

港股
因tencent暴跌錯過cut loss導致過度損失，看好銀行保險股.
資本不大不能過度分散.

PANAMY - FY 2019

Record down on Panamy performance

This Quarter report is obviously poor than last year QR.
Revenue drop 7% ; EPS drop 37%.
Results poor due to demand lower in Middle east as well one off derivative loss(forex loss).
panamy policy is purchase forward contract for all forex trade.
this action can mitigate future risk, avoid forecast on forex risk.

Panamy major product is home appliance product & Fan & others product.
these 2 product for Asia,Mid east market already contribute more than 94%.
Malaysia market can be forecast with the property market situation, as more new house means need more new appliance and fans. Mid east cannot be retrieve.

Liabilities 
debt wise panamy is low, as no such long term debt all is only operation debt. no wonder can give out good dividend.




Prospect for year 2019 from management
The export market conditions are set to remain volatile and the performance of the Company could also be further impacted by the volatility of the Ringgit. However, the Company is committed to aggressively pursue its business strategy of prudent cost management to achieve satisfactory results for the financial year ending 31 March 2019. (overall market situation cannot be manageable, only cost can be mange better)

Chart wise
Based on 5 line chart the current price is consider at cheap value, perhaps on the EPS gain impact.
but based on candle stick chart, current price is at the high level of the stock history. entry now could be risky unless foresee the prospect will be great.


Comment
for next quarter results maybe better as it will be only GST free period. and higher consumer spending period. July & August 2018. so expect next QR on Nov 18 should be doing better.
but as after sept 2018 will implement SST, so manufacture will be taxed 10%, not sure if panamy is exempted for the export tax else the future results still uncertain. it is not having a good first year QR, as june GST exemption not seen to have a good results to panamy.
fundamentally panamy is japan company which is good at dividend pay out as they are prudent to take money back to their japan company.

Ambank AGM - 31 July 2018

Ambank Agm,

This year no give break fast but replace with RM 20 old town voucher.

and RM 50 AEON voucher.

Somethings new is  Chairman Tan Sri was there to have photo with shareholders, i think this could be he is planning retirement in the near future.