Talk about Jobstreet

  Almost 1 year I have studied things about the share investment in fundamental way and I tried to learn how to analyse those information that stated on the annual reports in order to find out the company's strength and weakness before I really start putting my money into the company.

    What is so special about Jobstreet? Like what Buffett's method states that we must invest in a company which has :

1.  the power to monopoly the market in long term (at least the biggest or best player in the related field) and able to survive although there were financial crisis or high market competition.
2.  the strong brand that can deeply influence the people when they make consumption decision. 
3.  the demands for the products or services consistently increase year by year or remain steady growth until the end of the world *
   *:(This is what Warren Buffett says, perhaps the he believes that those companies would not fall down as long as the people do not change their demand on it.)

   From the Buffett way, we know that there are some companies fulfill those requirements in Malaysia. As an  investor I cannot merely follow what others exactly did or do, bear in mind that we should keep our mind independence to avoid overflow information that would affect our decision making.

   Jobstreet is the best player ever among the employment website companies, in Malaysia and whole region---Southeast Asia.  Mark Chang who graduated from MIU, USA, and found MOL in 1995. Two years later, Mark sold MOL to another prominent entrepreneur Vincent Tan while at the same time Jobstreet was founded. Now Jobstreet has expanded to Singapore, Philippines, India, Bangladesh, Japan ,Thailand, and Indonesia 


   As you can see Jostreet isn't only in Malaysia but also across to the region market to make it bigger. 

    I would say that Jobstreet has changed the job-finding way in Malaysia as there are getting more and more people rely on Internet to find information, therefore finding a job through online isn't impossible. Early in 1992-1995, the age of establishments of Internet , there were other countries companies had done so before Jobstreet had so. But since Jobstreet did well, many people started involving into this business and compete each other with "war of price" strategy.

   Jobstreet still faces the challenge from the competitors in the region, but it doesn't affect much to its profitable business in Malaysia. There was one research saying there were almost 70% of the Labour force find jobs through Internet and most of them preferred Jobstreet.com. My opinion is that Jobstreet provides various type of jobs and classified it. In other words, Jobstreet is more use-friendly compared with other employment websites in Malaysia.

   Now we know that Jobstreet has established a strong brand which deeply plants into people hearts and created demand to the never-ending desire of jobseekers who always seek for the best employers or suitable positions.

   I have done some homework about Jobstreet. Continue next time.


    
  
   

Minority thoughts

  As a business student, I used to expect that I would meet up with a lot of people with full of financial knowledge or ambitious enough to have own business in one day. Sometimes, I thought I might meet up with a mentor who can teach me about the business stuff in order to grow me up.

  Expectation often higher than reality, very much, till I am disappointed with the reality. People that I met up usually have no ambitious or finance or business related knowledge which I expected to get one. Through this, I have a conclusion : Majority have similar thoughts, behaviors,and even lifes.

  I want to be the minority who enjoy the business or investment in one day, perhaps I could start it now if I were brave enough.

   Minority (here refers to rich or rare people) have high ambitious in their life. To become a successful person in the world. What successful is referring to? wealth? I think not really is about the wealth but is about creating   value to the world or people around them.

  Majority try to get something from the minority and use it for themselves, not even to create something valuable to social.

   Minority want to contribute something to the world by solving people's problem. They don't wait others do for them, indeed they make it by themselves.
 
  Majority often keep waiting the problems being solved automatically without taking initiative.

   So, which do you want to be?

Brain---The Greatest Asset of ours.

  During the recession time, investors or rather be called as speculators were fear of loss money in stock market or commodity market and got themselves out from it in order to stop bleeding.
 
   If you were smart enough or having high Financial Intelligence, recession was the best time for you to get into the market and sweep the stocks as much as you can(must prepare well and know what are you doing before entering the market).

  This was how Warren Buffet and George Soros made money through market over retail investors reactions.

  But shall we act like them to become the most successful investors?

  My answer is, depends on you as no advice is the best unless you found the one which suits for you. I would not take others' advice easily because I should know that everyone has the different way in thinking and no standard can be made after the teller speaks out the things.

  We must find a suitable way for ourselves to avoid over-following. I admire Buffett even Kiyosaki but I do not really follow what they say and actually choose some of the advice which I think it would suit to me.

  Kiyosaki has changed the way I thought for my future. He changed my mindset as I only realized lack of financial education is the worst. To be success, change in mindset is the key. Kiyosaki prefers using good debt to make money if you are able to manage the high leverage risk

  Buffett has taught me how to be an investor, and how should an investor act during the bull or bear market. Fundamental analysis and businessman-thinking-way are the ways to make it. To be success, rational is the key. Buffett doesn't like making money by debt and cash is the only safety way.

  Both of them have some differences and similarity, but both of them are great. They have changed a lot of people including me.

  In order to success in this century, keep learning. Do not stop doing that. At last, If you do not know what you are doing, no asset can make you rich. Ultimately, what makes you rich is your financial intelligence. Your greatest asset is your brain — so take care of it and protect it from bad advice.

 
 

Excuses are the obstacles

  I am sure that everyone has own excuses when asked to learn investments though they keen to be financial freedom, perhaps able to buy wanted anything .

   Many times I had doubted on my own ability to be an investor, from the aspect of capital and relevant  knowledge. When I reviewed each of them, I was actually stopping myself from being a successful investor as I kept on giving some "excuses" to myself that I would not have such capability. Realizing that capital can be accumulated through self-discipline---never buy things that I do not need. Relevant knowledge can be obtained through given information or sources in Internet.
 
   I often tell people that do not limit yourself as long as you have always got the opportunities to be success if you are able to realize it. Fear of risk would not help you much in the business. Risk could be managed by full preparation of right attitude, different way of thinking and appropriate action to be taken.

   Even a cleaning worker can be an entrepreneur in one day if he or she has the determination to be success. Once you have the determination, every problem that could be faced would not be the failure reason anymore.

  Successful people solve problems not blame the problems.  Learn how to solve and stop blaming. The biggest obstacle in stopping people being success is the never-ending excuses.

My Portfolio

  Unexpectedly, I have chosen some very little-known companies like CAB Cakaran, a farming and food distributing company, it also sells frozen foods and franchising restaurant.

  As a consumer product type company, it has some market share. Something that I am very confidence with it is  the company management team---all are Malaysian-Chinese. I am not racist. The fact is Chineses are more proficiency in managing a company compare with Malays.  The company has very low share price which is RM0.37 per share. This is very low price in the Main Market!!

  By spending RM 37+ I can be a shareholder of this company (just kidding, perhaps I am not going to hold only 1 lot, 10 or 20 lots above are better.) Anyway, I have not really understood well about this company, so I need some times to go and research it. Low P/E is the main reason it attracts me.

  Another company is MNRB, the only one local General Reinsurance holding company. When I saw the word of "Reinsurance", I was  like a standard one child---what does it mean? According to the explanation of the information, reinsurance is the back-up of  insurance company, it means that reinsurance is the insurance of the insurer. Example, I buy a policy which worth RM 2000 from a insurance company, then the company would not absorb all of this, so they would invest (or buy insurance?) in reinsurance company in order to share the risk if there is any compensation,

  Very complicated? Never mind, I would keep on researching them to ensure that I know them very well.

  My portfolio of 2012-2014
1) CAB Cakaran
2) MNRB 

Target in this semester

  Second semester in Degree is not tough as I think or maybe I have yet to face the challenge and trouble that could mess me up.

  Some subjects tend to be easy like Macroeconomics, I learnt it during my foundation life. The subject has no assignment to be done, instead, there are going to have 2 mid-term tests. So I may aim it at B or B+.

  Managing Information, another nightmare for the most students, could be my biggest challenge in this semester. I am extremely weak in Technologies or Information. It makes me worry about my approval of PTPTN loan as I would not get the loan if I were going to fail the subject.

 Anyway, now I have a little bit capital to invest. Although it is insufficient for me, but I am trying my best to save more money. At the same time, everything about the share investment and information should be learned and understood well before I start investing.

  For this semester, I wish to have RM 1000 capital first. Perhaps in the end of the year, I might have RM 2000 capital.

Revolution to evolution

  Within weeks, I have been through my tough time---being a fragrance promoter, and express to her. As a promoter, I learnt to be sweet-talker though I was not willing to be as I could not do it.  She, a girl who are making me mad until now, I dare to express. Failed, indeed.

  About the job, it was a good experience ever to challenge my weakness. First day, I almost ran away and went back to escape from it. A "good" excuse ever I had given to my cousin---my friend had some problem with me, my resignation is to avoid unnecessary disruption of my performance. She was shocked and nearly had no idea what was happening(perhaps she knew it but chose not to speak out).

  Reason I wanted to quit was because I could not face so much of customers in the time, rather than, I had no idea in selling some promotion products by distributing testers one-by-one to customers(though they were not interested). My cousin almost cried. She had found no part-timer except me. She needed assistance.

  Disappointment had been made. Suddenly I remembered the story of Ghandi. A greatest ever leader in India history. He was the one who led India to be independent from British (if I am not mistaken),peacefully. He was extremely shy. Indeed, he could not overcome it even he became a lawyer. He overcame it because he wanted to bring freedom to Indians and get them freed from British.

   Finally, I did too. I am not going to further detail how I did it. It wasn't important. The important is I am getting evolution through a small foot practice. Determination is the key.