Learning Path

8-OCT-2011

2011-10-08T08:27:00.000-07:00

83
939
970
1200
1398
2628
3988
3328

=>2388

期權結算: 計完先算.

18-SEPT-2011

2011-09-17T21:36:00.000-07:00

持貨

83
939
970
1200
1398
2628
3988
3328

期權NET CASH FLOW
計完先UPDATE!! (18SEP2011)

AUG-2011

2011-08-16T08:21:00.001-07:00

STILL ALIVE................BUT GAVE BACK HALF I EARNED ON STOCK OPTIONS.......

MAR STOCK OPTIONS

2011-04-02T08:37:00.000-07:00

SC 939 7.25 3月 @10 => 700 HKD
平倉 SP 939 5.50 12月 @5 => (900) HKD
平倉 SP 939 6.5 3月 @ 10 => (300) HKD
SP 939 7 3月 @ 10 =>800 HKD
SP 939 6.5 3月 @ 10 => 600 HKD
SP 939 7 4月 @ 10 =>1000 HKD
SP 939 7.25 4月 @ 10 =>1700 HKD
SC 939 7.50 4月 @ 10 =>800 HKD
SP 939 7.50 4月 @ 5 =>1600 HKD

現金流入: 7200 - 1200 = 6000 HKD
交易成本: 494 HKD
備兌現金: 310,750 HKD
備兌股票:
10,000 939
12,000 3988

交貨:
5000 939@7.25
1000 3988@4.30

FEB STOCK OPTIONS

2011-04-02T08:35:00.001-07:00

SP 939 6.25 12 月 @8 => 3760 HKD
SP 939 6.25 12 月 @7 => 3290 HKD
SP 939 5.50 12月 @5 => 1250 HKD
SP 939 7 2月 @ 5 => 1050 HKD
平倉 SP 939 7 2月 @ 5 => (2093) HKD
SP 939 6.5 3月 @ 10 => 1452 HKD

SP 2628 28 3月 @2 => 860 HKD

SC 3988 4.10 3月 @12 => 240 HKD
平倉 SC 3988 4.10 3月 @12 => (720) HKD
SC 3988 4.30 3月 @12 => 600 HKD

現金流入: 12502 - 2813 = 9689 HKD
TRANSACTION COST: 494 HKD
備兌現金: 304,750 HKD
備兌股票: 48,240 HKD

REMARK:
有能力接貨可以做返SC.........唔一定要轉走.

SC 3988 都係一樣,大不了之後等機會做個SP

JAN STOCK OPTIONS

2011-04-02T08:33:00.000-07:00

SP 939 6.25 12 月 @10 => 4100 HKD

現金流入: 4100 HKD
交易成本: 60 HKD
備兌現金: 62,500 HKD
備兌股票: 0 HKD

20-MAR-2011

2011-03-19T11:32:00.000-07:00

1-MAR-2011

持貨

83
341
272
939
2628
*3988
*3328

月供
11
2628
3328

945 SELL ALL <=JAPAN 事件一定俾人質低，換入83,341同939
83 BUY IN
341 BUY IN
939 BUY IN

月供可能停２－３個月或停止如果股價ＲＥＣＯＶＥＲＹ快及持續高企。

期權NET CASH FLOW
MAR 5506
FEB 9195
JAN 4040

1-MAR-2011

2011-03-01T05:59:00.000-08:00

持貨

272
939
945
2628
*3988
*3328

月供
11
2628
3328

3377 SELL ALL
341 BUY IN
939 BUY IN

期權CASH FLOW
JAN 4100 HKD
FEB 9689 HKD

19-FEB-2011

2011-02-19T01:32:00.000-08:00

持貨

272
939
945
2628
3377

月供
945
11
2628
3328
*係945的月供減少, 重點係2628 同3328
*11 如果返到120之下會STOP 945 月供.

開始用期權增加出貨價同降低買入成本.

(期權)只SHORT 不LONG
(期權)只做想要的股票
(期權)一定要有足夠按金(SP)或股票(SC)做BACKUP
(期權)用SHORT PUT 優質股票減低買入成本

6個月會檢討一次成績

1688
215
SELL ALL 好消息出貨!!

中間買入3818之後再賣出有3% LOST
資金已SP 939

24-DEC-2010

2010-12-23T09:04:00.000-08:00

持貨

215
272
939
945
1688X
2628
3377

月供
945
11
2628

* will switch if 11 & 945 up with dividend rate less than 3%

20-DEC-2010

2010-12-19T15:51:00.000-08:00

持貨

215
272
939 X
945
2628
3377

11
SELL ALL 好消息出貨!!等佢大DROP (RETURN TO NORMAL PRICE) 買入

月供
945
11
2628

24-SEPT-2010

2010-09-24T08:58:00.000-07:00

月供:

11
2628
3988

持貨

11
215
272
939
945
2628
3377

BUY 215 自己都出IPHONE 4 ,唔小人都用3
SELL ALL 2388 好消息出貨!!

月供
因為已加注945改為11 目標係供到佢自己養自己.

2318 估值相對高2628比較抵

我D TIMING 都係一向都咁差.........19,87 SELL 完KEEP住向上............2388 SELL HALF KEEP住向上..................之後一半SELL 完都重有小小向上...........

電力股都係睇錯曬.....................經濟係好不過中國政府要CONTROL INFLATION.....國家機械擺明係為人民服務. 最近傳出國企進入PAPER MARKET, 係唔係另一方式打擊INFLATION?

利豐同利和係冇時間DETAIL STUDY 買入價.....一直冇買....明明自己明白 SOFT 3 DOLLAR 可以玩到咩程度.

今年見標都係收集11/2388,可惜係2388 已經唔平..........SELL ALL 係平衡ＲＩＳＫ同自己會安心Ｄ。

8-AUG-2010

2010-08-07T09:27:00.000-07:00

月供:

945
2318
2628
3988

持貨
11
272
939
945
2388
2628
3377

SELL HALF 2388 好消息出貨!!

30-April-2010

2010-05-01T09:34:00.000-07:00

月供:

945
2318
2628
3988

19 - Out

Buy 2388 + additional 272
Sell 87

持貨
11
272
939
945
2388
2628
3377

272
2388人民幣保險產品,穩定股息.

1-March-2010

2010-02-28T17:49:00.000-08:00

月供:
19
945
2318
2628
3988

Buy 11, 939

持貨
11
87
272
939
945
2628
3377

9-FEB-2010

2010-02-08T08:06:00.000-08:00

月供:
19
945
2318
3988

In:
2628

Out:
2388 Sold All
3288 Sold half

*sold 19 buy 87

持貨
272
945
2628
3377

1-Dec-2009

2009-12-01T08:28:00.000-08:00

月供:
19
945
2318
2388
3288
3988
持貨
272
945

31-OCT-09 823領匯

2009-10-31T22:06:00.000-07:00

居屋再開售,香港貧富懸殊係冇法子改變.

政府唔會係土地政策同地產出售手法做任何改變.

所以一係買好位置樓,不過未係好時候.

只好用有限資金買領匯,保持資金增長.

31-OCT-09 慳電膽

2009-10-31T21:55:00.000-07:00

慳電膽
最近傳媒經常報導慳電膽,其中提到產品含有水銀.突然想到自己家中都有幾個舊慳電膽,想搵回收站.不過都上到環境保護署網頁發現要搵資料都唔係好方便,不過最後都搵到.

發現回收站其實都唔係咁多,真係環保都唔易做!

回收站WEBSITE

https://www.wastereduction.gov.hk/chi/household/flrp_detail.htm#where

19-AUG-09

2009-08-19T09:02:00.000-07:00

McDonald's 外送速遞 (麥麥送) follow up

有定向wind 有提到24 hours + "麥麥送"做就香港巨無霸指數成為全球最低.

不過有一點要提係外送速遞係Pizza Hut 同 KFC 做先............其中KFC 係做得最好.................

麥麥送係copy cat............不過有加入24 hours 呢個factor................的確係成功之道!

1-成功增加OPEN HOUR(24 hours),攤分高租金.
2-增加"宵夜"市場

12-July-09

2009-07-12T05:59:00.000-07:00

月供:
19
902
945
2318
2388
3288
3988
持貨
272

12-July-09

2009-07-12T05:57:00.000-07:00

我係Value partner 支持者, 會轉去Manulife MPF.................

香港強積金擬"半自由行" 雇員可自選受托人公司

香港立法會8日三讀通過允許強積金“半自由行”的《強積金修訂條例草案》，容許雇員每年一次，將強積金戶口已供的雇員供款，轉至自選的受托人公司，但雇主供款部分則不可轉換受托人公司。

香港財經事務及庫務局局長陳家強表示，修訂條例通過後，業界需要時間籌備，包括更新計算機系統，預計18個月完成，積金局屆時會立即實施新安排，其間會向計劃受托人簡介修訂條例，培訓中介人。

大部分雇主及雇員都要為強積金供款，不過按照現時規定，供款由雇主揀選哪一間公司為受托人，雇員無權話事。而按照8日立法會三讀通過的《強積金修訂條例草案》，打工仔日後可自選受托人公司。

具體而言，雇員每年可在目前受雇期間，將個人戶口內雇員之前已作供款的累算權益，一次性轉移到自選的受托人強積金計劃內一次。至於雇主及雇員未來供款部分，不可自由選擇受托人，也不容許將雇主已供款的部分一並“自由行”。

新修訂規定轉新受托人時，原有受托人隻可收取合理的交易費，不可收取額外的行政費。針對雇員可能有多個強積金戶口，積金局日後會書面提醒市民要整合戶口，又會加強宣傳教育有關投資的風險管理。

在 8日立法會會上，陳家強說，強積金“自由行”可增加巿場的競爭，“將會有助強積金計劃成員，更好地管理他的強積運算權益，這將有助促進巿場競爭，提升業界的服務水平。”有關單位早前估計，新措施落實後，約有60%強積金供款會出現“跳槽”情況，在受托人之間互為調動，並相信新安排不會過度加重受托人或雇主的行政負擔。

投資基金公會回應表示，雇員可以按自己可承受的風險作選擇，除了考慮收費，也要看長遠的回報。

另外，經濟環境惡劣，不少市民在失業、供樓等沉重壓力下，財政負擔加重。積金局早前表示，明年將為強積金計劃作大型檢討，包括研究可酌情容許雇員在失業、病重、買樓或子女供讀等特殊情況下，在65歲前提取供款。而可領取的比例、如何實行等細節，則持開放態度。

截至今年3月底，強積金雇主登記供強積金已較2月下跌0.6%，錄得23.67萬個雇主，下跌1100人，雇員數目則較2月底增加4.14萬個，增至220.15萬人。

15-March-2009

2009-03-14T13:52:00.000-07:00

月供:
19
902
945
2318
2388
3288
3988
持貨
272
945

Supply Chain Review (1)

2008-12-30T07:51:00.000-08:00

Logistics - refers to activities that occur within the boundaries of a single organization.
Supply Chain - refers to network of companies that coordinate their actions to deliver such as procurement, distribution, maintenance, and inventory management.

Supply chain management acknowledges all of the traditional logistics, but adds activities such as marketing, new product development, finance, and customer service.

It views the supply chain and the organizations in it as a single entity. It brings a system approach to understanding and managing the different activities needed to coordinate the flow of products and services to best serve the ultimate customer. The system approach provides the framework in which to best respond to business requirements that otherwise would seem to be in conflict with each other.

30-DEC-08

2008-12-30T07:37:00.000-08:00

煤電企傾唔掂,都係好事. 即係電企現時形勢比較強.
如果傾到好價,都係對902 一件好事!

1-DEC-2008

2008-12-01T09:10:00.000-08:00

1推動內需"家電下鄉"
2煤價回落
3銀行減息
4 4萬億推動內需

樣樣都係要用電,相信902 會好過一d.

1-DEC-2008

2008-12-01T06:51:00.000-08:00

http://news.bbc.co.uk/2/hi/business/7751064.stm

主要死因:
1. Rental
http://www.wsws.org/articles/2008/dec2008/ukre-d01.shtml
"Another factor in the collapse of Woolworths is that it did not own its stores but leased them. In August 2001 the decision was taken to "demerge" the retailer from Kingfisher, its previous owner. This involved the sale-and-leaseback deal for 182 Woolworths' stores in return for £614 million of cash, which was paid back to Kingfisher shareholders. Over the past decade Woolworths' rent liabilities increased from £70 million to £160 million.
Tony Shiret, an analyst at Credit Suisse, said this week that Woolworths' lease-adjusted debt was the highest in the retail sector and "they didn't really have enough cash flow to cover debt repayments".

2. Shelfing layout 唔掂, d 野再平再靚都冇用
http://news.bbc.co.uk/2/hi/uk_news/magazine/7741199.stm
3. 退休金
http://news.bbc.co.uk/2/hi/business/7566429.stm

個故仔會係點就冇人知,因為都有唔小人想買佢d 靚location stores.........不過肯定係一定會俾人分
http://www.ft.com/cms/s/0/af12c880-bdb7-11dd-bba1-0000779fd18c.html

P.S. F.W. Woolworths, a subsidiary of its US parent, was founded in the UK in 1909. The first store opened in Liverpool. 就係第99年執, 過唔到一百................

22-NOV-08

2008-11-21T17:00:00.000-08:00

佢一開波就話商界"好奸",不過佢自己就唔"奸". (可能係"仆"倒係"街")

她亦曾在任內提議將「垃圾桶」按中國大陸的叫法改為「果皮桶」，引起公眾嘩然.

呢d 可能係shoe shine 野,一定係個人"唔姦"先做到啦.

http://zh.wikipedia.org/w/index.php?title=%E5%8A%89%E5%90%B3%E6%83%A0%E8%98%AD&variant=zh-hk

http://hk.news.yahoo.com/article/081115/4/9994.html

係商界一個所以野都係用$$$$$$$$$去衝量,係會俾人好奸的感覺. 不過你大慨都估到d 商家佬攪邊科. 唔似有d 學界,政府咁, 奸起上來,姦埋個司法制度都得.台灣有一個"模範大家庭"俾你睇.

http://zh.wikipedia.org/wiki/%E9%99%B3%E6%B0%B4%E6%89%81

18-NOV-2008

2008-11-18T06:54:00.000-08:00

LAYAWAY COMING BACK?!

http://www.usatoday.com/money/industries/retail/2006-09-14-wal-mart_x.htm

credit crunch之下.credit card 都信唔過.............可以有其他payment method............幾年前好景冇人用的payment term 再度回歸.

http://www.suntimes.com/business/1268797,CST-NWS-layaway09.article

Layaway is back!? Sears 同Kmart 都會用..............成績會係點....................要明年Q1先知啦.................

D payment term 都幾重手:

Sears Layaway Policy
-- Program available in Full Line and Sears Hardware Stores (not available in Automotive, Dealer, Outlet Stores)
-- Eligible merchandise: must be in-store merchandise. Excludes Home Electronics, Home Appliances, Automotive Merchandise, Consumables, Beer/Wine, Licensed Business, Gift Cards and Doorbusters/Early Open Specials.
-- Does not affect existing Fine Jewelry layaway program (6/12 mos)
-- Total down payment of $15 or 20%, whichever is greater
-- $5 non-refundable service fee in all states except Maryland ($1)
-- $10 cancellation fee will apply
-- Program launches storewide on Sunday, Nov. 16
-- Last day to add new layaways is Monday, Dec. 22nd
-- Layaways must be paid in full by Tuesday, Dec. 23rd

17-NOV-2008

2008-11-16T09:29:00.000-08:00

他半帶憐憫地回答：『怪不得旁人說你跳不出你的階級意識，難道我就不配看書？我雖屬於地獄，在社會的最下層，而從小就有向上的志趣。對於書本也曾用過工夫，尤其是流行的雜志小冊子之類。因此歌德稱贊我有進步的精神，能隨著報紙上所謂「時代的巨輪」一同滾向前去。因為你是個歡喜看文學書的人，所以我對你談話時就講點文學名著，顯得我也有同好，也是內行。反過來說，假使你是個反對看書的多產作家，我當然要改變談風，對你說我也覺得書是不必看的，只除了你自己做的書--並且，看你的書還嫌人生太短，哪有工夫看甚麼典籍？我會對科學家談發明，對歷史家談考古，對政治家談國際情勢，展覽會上講藝術賞鑒，酒席上講烹調。不但這樣，有時我偏要對科學家講政治，對考古家論文藝，因為反正他們不懂甚麼，樂得讓他們拾點牙慧；對牛彈的琴根本就不用挑選甚麼好曲子！烹調呢，我往往在茶會上討論；亦許女主人聽我講得有味，過幾天約我吃她自己做的菜，也未可知。這樣混了幾萬年，在人間世也稍微有點名氣。但丁贊我善於思辨，歌德說我見多識廣。你到了我的地位，又該驕傲了！我卻不然，愈變愈謙遜，時常自謙說：『我不過是個地下鬼！』就是你們自謙為「鄉下人」的意思，我還恐怕空口說話不足以表示我的謙卑的精神，我把我的身體來作為象征。財主有布袋似的大肚子，表示囊中充實；思想家垂頭彎背，形狀像標點裡的問號，表示對一切發生疑問；所以--』說時，他伸給我看他的右腳，所穿皮鞋的跟似乎特別高--『我的腿是不大方便的，這象征著我的謙虛，表示我「蹩腳」。我於是發明了纏小腳和高跟鞋，因為我的殘疾有時也需要掩飾，尤其碰到我變為女人的時候。』

7-Nov-2008

2008-11-06T10:20:00.000-08:00

293 盈警..........19 同87 都冇咩運行...........月供可以多小小.........yeah!!

494 watch list................要save more bullets 去出手.......................

5-NOV-2008

2008-11-05T07:32:00.000-08:00

估唔到945升咁快,已經返上去170 之上.
今日沾出1200美聯, 等2388 Q4 個唔好睇report 買入..
一係945 再發神經去到130HKD 買入..

今次大跌市係輸了$$$$$$$,不過係好時機換上高質股票.會keep 住月供.
到下次升浪時,相信組合不論股價同股息都有所增長!!!!!!!!!!!!!

31-OCT-2008

2008-10-30T10:02:00.000-07:00

Restructure of blogs............All Language posts will put in

path1.mysinablog.com

28-Oct-2008

2008-10-28T06:38:00.000-07:00

行動支持宏利!今日買入945!
呢個價係03 年時先出現過(計埋1送1). 唔買唔知幾時先再買到.

月供:
19
902
945
2318
2388
3288
3988
持貨
272
945
1200

26-Oct-2008

2008-10-26T00:42:00.000-07:00

恆生指數再創新低,"人心虛怯"4字係各大媒體不斷出現.

中國
出口退稅再次上調,工廠倒閉整合過程會持續.相信中國政府會大力推動基建及消費保持增長.

我睇好電力股會跟隨推動基建及消費同時增長.(902 保持月供)

銀行股唔會有大問題,只係會賺小d 同有部份公司倒閉bad debts, 長期仍向好! (2318,3328,3988 保持月供)

樓房- 整合過程會持續直到,長期仍向好!已經將手上中國銀行轉為272 瑞房!

香港
香港好彩早幾年嘈到一個大基建都起唔好. 如果要用公共開支去重新起動經濟的空間很大,同時做價亦會相對便宜.(西9, 港珠澳大橋等).

銀行基本冇咩大問題,只係會賺小d 會係吸一d 高息股良機. (月供2388增加組合現金流)

樓房長期供應短缺,樓價不會過度下跌. (1200 係擺明投機,有機會渣都冇! 19 保持月供)

美國
銀行同金融機構會短期下滑但美國的R&D, 創新能力仍然冠絕全球. R&D, 創新能力可以產生新產業的monopoly. 等歐洲,日本追上時. 美國已經開創另一新產業. 例子有: Google Search engine - online advertising Business model(仍然不斷更新完善) , Ipod 產業的 I-tune online music store, 亞馬遜online book store, eBay auction business model ..........................今次金融海嘯,沒有減低美國創新能力. 歐洲,日本亦未有足夠能力挑戰美國R&D, 創新工業一哥地位. (PS:R&D, 創新工業係中國最弱一環)

相信美國最後都會重新做返經濟火車頭!

因為金融海嘯,宏利(945)回到150之下,係時候開始月供.

月供:
19
902
945
2318
2388
3288
3988

持貨
272
1200

20-Oct-2008

2008-10-20T07:47:00.000-07:00

假如我是局長, 明知有野會出事. 你上邊老闆都唔埋你重會推你去死.
你會點做? 走係好容易, 留下先須要勇氣!!
唔通同你再say sorry 咩!!

http://zh.wikipedia.org/wiki/%E9%A6%AC%E6%99%82%E4%BA%A8

English Study - Sample English Letter 9

2008-09-30T20:56:00.000-07:00

Ticking off a supplier for not sticking to the order

CSO Limited

Mr. Lay Ray
Sales Manager
SAP Limited
22 Quarry Bay
Hong Kong

1 October 2008

Dear Mr Ray,

Our purchase order no. R123456
Thank you for your latest delivery, received today.

I would like to draw your attention a very important point, which has been missed with the processing of this order.

On the purchase order, it is stated that your delivery note must be marked for the attention of Thomas Jones and, more importantly, contain our purchase order number. This is vital to us when we are receiving hundreds of items a day.

As this is a new request from us, we shall not be delaying payment as stated on the order but please bear this arrangement in mind for future business.

I hope you will appreciate the necessity behind this instruction and I look forward to continuing our business relationship on a more organised not.

Yours sincerely,

Learning Path
Purchasing Manager

27-SEPT-2008

2008-09-27T07:33:00.001-07:00

唔知幾時到底..............
月供買入2388
當擺saving..........................

有6%...........可惜手頭現金唔多唔係一定買多d

27-Sept-2008

2008-09-27T06:51:00.000-07:00

東亞事件..........有超人出手
唔知現在邊個係大股東呢?
中銀已經有4.72% Share..........唔知係唔係超人later 賣俾2388 呢?
不過今年中銀係呢個入股真係蝕唔小around 50%......................
個間西班牙銀行都幾有定力......................如果佢都減持就大件事啦東亞

http://www.mpfinance.com/htm/Finance/20071228/News/ec_eca1.htm

ENGLISH STUDY - Sample Business Letter 8

2008-09-20T00:42:00.000-07:00

Amending the order quantity

LEARNING LIMITED

123 321, 173 Building, MOQ, Hong Kong.

TEL: 173173173 Fax: 371371371

Facsmilile Message

To: LimLim Limited
F.A.O.: Peter Ray
From: Learning Path
Date: 20 September 2008
No. of Page: 1

------------------------------------------------------------------------------------------------

Dear Peter

Learning Quality Handbook
Oops! We've made a real clanger.

Ray has just created a sample of the contents for our qualiy handbook, which he has inserted into the ringbinder - only to discover that the binder is too small. It seems that someone here interpreted the extent of 350 leaves as 350 pages.

Is it too late to change the order? I tried to call you but your phone was continuously engaged, so I am faxing this to you instead.

Please call me back urgently so we can discuss this.

Your sincerely,

Learning Path
Quality Manager

ENGLISH STUDY - SAMPLE LETTER 7

2008-09-12T23:21:00.000-07:00

AMENDING DELIVERY INSTRUCTIONS

157 Warmer Road
Kwun Tong
Hong Kong
Tel: 173173173
Fax: 371371371

Mr L Wong
Sales Manager
Bull (Stock) Limited
Hong Kong Socket Market Estate
Central
Hong Kong

Dear Lighter

Re: Our Order No. 173371
I am sorry if this messes you around but our client has just notified us that they would like their order delivered into a different warehouse
The goods should now be sent to:

AOE (Hong Kong) Limted
Facepaper Building
Ray Ray Road
Workway

I hope this doesn't cause you too much inconvenience.

Many thanks for your co-operation.

Your sincerely

Learning Path

Junior Assistant

NEWS CLIP 4-SEP-2008

2008-09-04T13:21:00.001-07:00

如果真係

全部流動電話供應商都玩呢樣, 相信Laptop 將會全面好似手機咁人人都有部.

NEWS CLIP 4-SEP-2008

2008-09-04T11:36:00.001-07:00

Airline related story................點解Oasis 做Business class 會執,,,,,,,只做平價Asia Airline 同只做Business class L'Avion 冇事?

P.S.: 其實呢間公司係25 Aug 已經係Times 有報導.

佢有一個Smart CEO, 俾各大傳媒做訪問. 大做免費廣告.有咁好的CEO.點會唔掂?

ENGLISH STUDY - SAMPLE LETTER 6

2008-09-04T10:58:00.000-07:00

PLACING AN ORDER AND CLARIFYING TERMS

HOLISH IT PRODUCT

SCISSORS STREET

SHUNDE PEOPLE

HONG KONG

Tel: (852)-3214-1246 Fax: (852)-3062-4700

Ms K. Wong

Sales Co-ordinator

Peter Paper Services

On the street

Inland House

LA Building

Wan Chai

5 September 2008

Dear Karen,

DVD Conversion

Following our telephone conversation today, I enclose a copy of the MP3 music which I would like converted to DVD.

I understand the charge for this is $10 + $15 for the express service. I therefore have pleasure in enclosing a cheque for $25.

I understand the express service means you will send the DVD back the same day it is received by SpeedPost. On this basis, I look forward to receiving the disk back on Friday 25 February.

As we shall be needing this service again, I would be grateful if you could arrange for an account to be opened.

Yours sincerely,

Learning Path

6% 年息 Investment

2008-09-04T10:20:00.000-07:00

今日去銀行,職員介紹saving plan..有6% 年息. 點知print 個plan 一睇...............
係人壽十年saving plan..................個年息係浮動...................................................
10 年回報34 % 唔好玩啦年利率即係2.5 % 咁上下........是但一間銀行定期都有啦.........

English Study - Sample English letter 5

2008-08-30T07:59:00.000-07:00

Placing an order and requesting delivery

MY FAITH LTD

Mr. Obi Wan

Sales Executive

M & M Electrical

Loading Building

Wan Chai

Hong Kong

30-August-2008

Dear Mr. Wan,

OUR ORDER NO. 20851111

Please find our cheque to the value of USD888888 to cover our order no. 20851111. We require delivery on or by Thursday, 21 October 2008. Please ensure the items are packed in double walled boxes, Shunk-wrapped on pallets.

Delivery address:-

HBO Ltd

Mody road

TST

Please advise us of the delivery date as soon as possilbe.

Many thanks for your co-operation.

Yours sincerely,

Learning Path

Buyer

English Study - Sample English Letter 4

2008-08-30T07:14:00.000-07:00

Refusing a price change

Delay no MOST

BITTER STREET

MOQ

STA 122 HONG KONG

Tel: 852 -1234-5678 Fax: 852-8765-1234

Mr. A Otto

Sales Director

I do it in a Chinese way paper product

30-AUG-2008

Dear Alex,

Your quotation no. ABC/2008

Thanks for your quotation for supplying 30 reams of 85gsm paper. I am aware the price of paper has been esclating recently but, frankly, I am not at all happy with this price or your suggestion for remedying the situation.

We had an explicit agreement that your prices would remain unchanged until the end of the calender year. I took this to mean that all goods ordered before the end of the calender year would be supplied at that year's rate. The fact that the order cannot be supplied until the new year is, frankly, not our problem.

Incidentally, I have received a quotation ftom a direct competitor of yours at I do it at a Hong Hong way who has offered to gurantee your original price for the next six months.

In the light of this, may I suggest that you reconsider your quotation to us. If you are unable to match I do it at a Hong Hong way's price, then I regret that we shall have no opion but to transfer our business.

Yours sincerely,

Learning Path

Chief of Buying

English Study - Sample Letter 3

2008-08-29T17:03:00.001-07:00

Querying a price

ABV & CBA Limited

123 Road, Kowloon Tong, Kowloon

Telephone : 852-1234-5678

Facsimile: 852-4321-8756

Ms. Christina Hart
Sales Manager
I teach you in a spanish way Printing
852 Upset Ind. Est.
Milestone
China

30 August 2008

Dear Ms Hart,

Your quotation: SL3490
Thanks for your quotation for printing 2000 booklets.

I have just one query. The price.

As you know, I used to deal with your Hong Kong branch prior to our for a related project. The extent is the same, the paper quality is the same and the quantity is the same. So why is your price 25% higher?

Your sincerely

Learning Path
Production Manager

English Study - Sample letter 2

2008-08-26T08:14:00.001-07:00

Formal request for a quotation

Mr. Ray Ray Ray
Sales Manager
Mody King Ltd
Sai Kung
Vietnam street
Hong Kong

26 August 2008

Dear Ray,

Please supply a quotation for the following:

Item: _______________Part No: _________ Unit:________Quantity:

Item description 1_______ABC123_________3 metre_______10000
Item description 2_______BBC223_________each_________10000

Delivery will be to France and we are looking for a delivery date within 30 days of placing our order.

We would appreciate your qutoation by fax and at the latest by 27 August.

Yours sincerely

Learning Path
Production Manager

English Study - Sample letter 1

2008-08-26T07:51:00.000-07:00

Friendly request for a quotation

Mr. Ray Doglam
Sales Manager
KA Keung Limited
Kowloon
Hong Kong

26 August 2008

Dear Ray,

I am delighted to say that our sales are ahead of expectations and so we are boosting our production. Consequently, we need more parts urgently (within fifteen days of placing the order). The parts are:

ABC 1 PC

BBC 2 PC

CBC 3 PC

We shall be making our decision on Thursday 12 June, so please let me have your prices by that date.

Yours sincerely

Learning Path
Purchasing Manager

272 瑞安房地產

2008-08-25T07:33:00.000-07:00

Turnover reached RMB2,184 million or HK$2,381 million, slightly higher than that of the corresponding periodin 2007 (2007: RMB2,178 million or HK$2,200 million).

A total of 36,400 sq.m. of saleable GFA or 224 units were sold, giving rise to a turnover from property sales ofRMB1,879 million (2007: 46,400 sq.m. or 263 units and property sales turnover of RMB1,943 million).

Property investment turnover increased by 34% to RMB287 million (2007: RMB214 million). At 30 June 2008,the size of our investment property portfolio had increased to 262,000 sq.m. of leasable GFA (31 December 2007:253,000 sq.m.).

Profit attributable to shareholders was RMB1,778 million or HK$1,938 million, an increase of 62% over that ofthe corresponding period in 2007 (2007: RMB1,098 million or HK$1,109 million).

Excluding the effect of revaluation of investment properties and fair value adjustment on derivative financialinstruments, the underlying profit attributable to shareholders was RMB1,577 million or HK$1,719 million, anincrease of 70% over that of the corresponding period in 2007 (2007: RMB930 million or HK$939 million).

Earnings per share was RMB42 cents or HK46 cents (2007: RMB26 cents or HK26 cents), an increase of 62%. An interim dividend in respect of the six months ended 30 June 2008 of HK7 cents (2007: HK5 cents) per sharehas been declared.

At 30 June 2008, the Group’s total landbank amounted to approximately 13.2 million sq.m. of GFA (of which 9.8million sq.m. are attributable to shareholders of the Company), comprising 8 projects that span over 6 cities,namely Shanghai, Hangzhou, Chongqing, Wuhan, Dalian and Foshan.

Total assets increased to approximately RMB35.4 billion (31 December 2007: RMB29.9 billion).

Total equity was RMB18.7 billion, of which RMB17.5 billion was attributable to shareholders of the Company(31 December 2007: total equity was RMB16.7 billion and RMB15.9 billion attributable).

Net debt was RMB5,440 million (31 December 2007: RMB3,375 million). Net debt to total equity ratio (“netgearing ratio”) increased to 29% as of 30 June 2008 (31 December 2007: 20%).

The Board has declared the payment of HK7 cents (equivalent to RMB6.1 cents) (2007: HK5 cents (equivalent toRMB4.8 cents)) per share as the interim dividend in respect of 2008.

最緊要係增加dividend......................

信用卡大法2

2008-08-25T05:09:00.000-07:00

唔知係唔係各大銀行都水浸, 連Hang Seng Bank之前都有用免息免手續費分期做Credit Card 迎新優惠. 不過如果閣下係有良好自制能力,應該多d 伸請. 唔做任何野擺定期都有so!

現在做緊的銀行有:
2388 中銀 http://www.boci.com.hk/chi/index.php
0023 東亞 http://www.hkbea.com/
0998 中信嘉華 http://www.ckw-ibanking.com/creditcard/html/index_c.html
0349 工商 http://www.icbcasia.com/big5/card/type/classic/dual_cur_1.shtml
2356 大新 http://www.dahsing.com/dsb/rbd/html/cc_index_c.htm
2356 豐明 http://www.mevas.com/public/c/c650201_c.html
0302 永亨 http://www.whbhk.com/cms/scripts/index.asp
0096 永隆 http://www.winglungbank.com.hk/
3328 交通 http://www.bankcomm.com.hk/tw/index.html
0636 富邦 http://www.fubonbank.com.hk/web/html/index_c.html
( sub. 2388)上商http://www.shacombank.com.hk/scb/b5_index.html

不過呢d 野都係要有自制力先好用.
同埋要信到都要你有穩定收入同良好借貸紀錄.

最近有朋友買櫻做業主.其實如果留意下Credit Card Welcome offer. 都可以買小d 電器. 同時重可以有信用卡積分. 一舉兩得!!

最多電器choose 同比較實用有富邦同Public Bank

23-AUG-2008

2008-08-23T06:12:00.000-07:00

大行相繼出report 唔睇好本地銀行, 係時候留意local bank.............
11
2388

如果出現over 5% dividend rate, 都會考慮入返d. 可能會加是但一隻入月供組合.

個人prefer 2388 因為自己俾佢搵唔小$$$$$$$$$$$$$$$.

22-AUG-2008

2008-08-21T18:39:00.000-07:00

華能(0902.HK)母公司47.5億人民幣獲正寧南煤田開採權

引述《21世紀經濟報道》，甘肅儲量大的正寧南煤田在年多前，由華亭煤業以「天價」47.5億元(人民幣‧下同)投得開採權，及至去年8月市傳華亭未能支付首期款項9.5億元，但遭華亭否認。不過，甘肅省國土資源廳今年8月15日公布，華亭申請退出正寧南煤田開發建設，並已獲國土資源部同意。報道引述正寧縣政務信息中心副主任杜攀峰，指華能(0902.HK)(0902.HK - 新聞 - 公司資料)母公司華能集團已以原價，取得正寧南煤田的開採權。正寧南煤田地質儲量逾18億噸，位於甘肅慶陽市，華能集團獲得的開採權部份位於南礦區塊。該區塊面積約88.18平方千米，查明礦產資源總量約6.8億噸，加上潛在礦產資源約2.5億噸，合共約9.3億噸。

華能電力母公司投資5億元,與陝西省政府合建平西鐵路,改善電煤運輸.

上邊做法,都會係明年同後年反應出來.都係可以穩定煤價以防明年和後年缺電情況更嚴重.

同時902獲批加價5.67%至22.51/兆瓦時(含增值稅). 大陸再次批准加電價.其實唔小工廠係平均每星期都有1-2日停電情形下,都已經買柴油發電機發電.相比加5-10%電費.工廠相信都寧可要一個貴小小的穩定供應. 同時係宏觀去睇,工廠柴油發電機同電廠大型發電機比.係相對高污染同時相對效能較低. 加價係正確方向.

19-AUG-2008

2008-08-18T09:58:00.000-07:00

傳統工廠決定係邊到起係有三個因素: 土地,人及資本

土地及人工便宜必然會引起公司注意. 好似香港工業北上,國際企業係中國,越南,印度等地開廠.

資本 - 邊個地方可以俾到公司投入較少資本? 都係一個重要因素, 好似美國唔小地方都有offer tax incentives, 中國初期開放係接近free land, free tax. 同埋會唔會政府會唔會同你起埋一d 重要設施,配合你工廠? 都係好重要ga...............

咁點解唔全世界都係中國開工廠? 重有其他因素影響.

供應商群
工廠同自己的供應商一般都係比較近, 一係就要consolidate 所有零件以節省運費.呢到遘緊係近供應商群節省運費而運費比營運一個consolidate facility 便宜 .當公司/行業係奉行postponement strategues - 即係公司係確定有demand (有order)先至生產.
除了零件運費, 完成品運費同stock holding cost 都係2個重要因素.

工廠有冇能力出到一個FCL (Full Container Load). 一個20' container 運費同走half container 散貨係差不多了. 所以Economic of scale 好重要.

如果真係出到FCL 數量. 即使你近供應商群慳了零件運費,工廠per unit cost 都係小了. 但俾多了零件運費同埋stock holding fee 都係冇用.要知道stock holding fee 係冇value added.

TBC

17-AUG-2008

2008-08-17T08:35:00.000-07:00

油價下跌.....國泰好快會回升................
港機不停起新的維修warehouse........証明維修工作係長做長有.................
寫字樓都係低空置率.

相信太古下半年業績會更好!!!!!!!!!!!!!

13-AUG-08

2008-08-12T09:44:00.000-07:00

人人都遘PPI...........我都加把口先:P

7月份工業品出廠價格同比上漲10.0%國家統計局綜合司　2008-08-11 11:05:567月份，工業品出廠價格同比上漲10.0%，原材料、燃料、動力購進價格上漲15.4%。在工業品出廠價格中，生產資料出廠價格同比上漲11.7%。其中，採掘工業上漲34.1%，原料工業上漲14.3%，加工工業上漲7.7%。生活資料出廠價格同比上漲4.6%。其中，食品類價格上漲9.1%，衣著類上漲2.4%，一般日用品類上漲4.3%，耐用消費品類下降0.2%。分品種看：―原油出廠價格同比上漲41.2%。成品油中的汽油、柴油和煤油出廠價格分別上漲32.6%、21.5%和29.4%。―化工產品類中，聚苯乙烯價格同比上漲4.3%，順丁橡膠上漲28.3%，滌綸長絲上漲1.3%。―煤炭開採和洗選業出廠價格同比上漲32.6%。其中，原煤出廠價格上漲32.2%。―黑色金屬冶煉及壓延加工業出廠價格同比上漲31.0%。其中，普通大型鋼材價格上漲37.5%，普通中型鋼材上漲47.2%，普通小型鋼材上漲38.3%，線材上漲53.2%，中厚鋼板上漲31.6%。―有色金屬冶煉及壓延加工業出廠價格同比下降2.1%。其中，銅下降0.1%，鉛下降7.9%，鋁下降0.6%，鋅下降28.9%。此外，在原材料、燃料、動力購進價格中，燃料動力類、黑色金屬材料類、有色金屬類和化工原料類購進價格同比分別上漲30.1%、26.9%、2.5%和9.0%。1-7月份累計，工業品出廠價格同比上漲8.0%，原材料、燃料、動力購進價格上漲11.7%。

國家係7月31日已經推出<調整紡織品服裝等部分商品出口退稅率的通知>

http://www.chinatax.gov.cn/n480462/n480513/n480902/8045586.html

相信PPI 如果一直咁高,相關出口退稅會再調整.

同時係8月6日推出中华人民共和国外汇管理条例修訂

http://www.safe.gov.cn/model_safe/laws/law_detail.jsp?ID=80100000000000000,47&id=4

呢個方案會令人民幣升值冇咁快,令工廠可以減少匯率風險.

大家都話商品會開始drop, 咁我隻902 好快就可以重拾升勢........不過都會係09年的事了

8-AUG-2008

2008-08-07T08:14:00.000-07:00

McDonald's 外送速遞搵Rixon Logisitic 做3PL 24hours !!

Pizza Hut 外送速遞係自己的in-house logistic team (last order mid-night 12)

KFC 外送速遞都係in-house logistic team (做到around 11 pm)

最近Pizza Hut 已經做到midnight 12點前last order 同埋推d 平價套餐 , 唔知係唔係同McDonDon 外送速遞有關係呢?

KFC 唔見有咩動作..................................

點解McDonDon 咁有米都唔用攪in-house logistic 外送速遞?

Market position - McDonDon 係有最多分店的F&B chain store.......佢成功一大因素係吸引大人青少年同小朋友去食. 分店多係佢一大優勢. 分店多呢一個優勢即時變成負擔.外送速遞唔會做到Pizza Hut 同 KFC 用外送速遞去reduce 分店數目呢個一大好處. 同時亦唔配合佢分店多吸引大人青少年同小朋友呢一大策略.

Investment - McDonDon 如果真係自己攪個投資都幾大.......同埋train up 都要時間.

McDonDon 唔小店都係24 hours (係全球策略, McCafe 都係)生意都係一般........有唔小idle capacity, 會唔會係做緊個test 睇下增加晚上utility rate 同時增加生意. 去過McDonDon website 都唔見佢出新聞稿, 相信都係實驗中.

7-AUG-2008

2008-08-07T08:13:00.000-07:00

太古好野!

成功買入626 + 1200.........冇$$$$$$$$$了

28-JULY-2008

2008-07-28T08:22:00.000-07:00

當市場漸漸飽和,連鎖店係銷售量不能增加(更可能減少). 利潤減少(促銷減價保持銷量).
1. 超市會
A. 加大市場佔有率,增加分店
主要係要做到Economic of Scale,同埋食Warehouse /logistic 固定成本重可以加大自己同vendor (供應商)bargaining power.

B. 增加物品種類 / 服務
出售新產品,增加人流, 同時增加交叉銷售,食Warehouse /logistic 固定成本重可以加大自己同vendor (供應商)bargaining power.同時將slow moving stock + low profit margin items 踢走.

香港大部份超市,百貨公司同部份便利店都完成上述過程. 所以你去邊到買野都係咩都有. 由飲品,食品,Hardgoods 同 softgoods 都有.

如果完成上邊兩個steps, 做做下都會再出現市場飽現象. 咁再下一步一般都會加大自家品牌產品(Private Label). 即係直接同工廠(或唔同brand name, 同佢搵個OEM 工廠做). 一般Private Label 利潤都比賣Brand name 高. 所以大家行X惠,日X城,百X, 惠X 同X之島. 都會見到佢自己d brand 產品.

28-JULY-2008

2008-07-28T07:19:00.000-07:00

平面的世界
如果公元6至14世紀君士坦丁堡(Constantinople)是全球的貿易中心、並於13至15世紀轉移至威尼斯(Venice)，15至18世紀是西班牙人的航海和貿易世界，那麼17至19世紀貿易中心便是英國人控制的殖民地版圖。有一點可以肯定，全球化(Globalization)並不是甚麼新事情。舉19世紀的英國為例，貨物由東面的香港、新加坡、中國(鴉片戰爭後的通商口岸)，經過印度、南非，再達到英國，然後英國人再將東方的入口貨(例如中國和印度的茶葉)再轉口至歐洲大陸賺取可觀的利潤。到了20世紀中後葉至21世紀，全球化貿易並沒有消失。相反，在互聯網和其他資訊科技的推動下，全球化演化為全球供應鏈管理(Global Supply Chain Management)，其目標是「Deliver the Right Thing, at the Right Time, & at the Right Place」。有幾點值得留意:1) 這是供應(價值)鏈之間的競爭2) 由客戶下單、生產策劃、生產過程、生產管理、直至貨物運抵客戶手上，可能不超過兩至三個星期，亦是「Delivery Time」的縮短。3) 另外，供應鏈極具彈性。一件產品會被進一步分拆為不同部件，而每項部件將於全球最合適的地方生產。因此，協調和供應鏈管理的能力是十分重要的。4) 由於供應鏈的彈性和縮短的「Delivery Time」，客戶可以按「End Market」的經濟情況而向供應鏈管理者下不同的單，例如從「Consumer Discretionary」和「Consumer Staples」之間互相轉換。5) (4)亦說明供應鏈管理者不會沒有生意，即使「End Market」的經濟環境轉差。6) 供應鏈管理者的增值點是協助客戶減省成本，「Direct Production Cost」可以減省的不多，反而「Soft 3 Dollars」中能減省的空間不細。若然一件產品的「Total Cost」為$4，$1是「Direct Production Cost」，而$3是涉及運輸、存貨、行政和稅務等「Soft 3 Dollars」。7) 供應鏈管理者不會擁有任何工廠(即使工廠網絡跨越亞洲、東歐和南美諸國)，而是協調人的角色。8) (7)亦暗示供應鏈管理者是「Asset Light Enterprise」，並不需要每年投入巨大的「CapEx」。

有時間會搵d 例子.................

個人認為Li & Fung 最大competitor 係Gaint Chain Store 好似Wal-mart, Carrefour, Tesco, Metro 等等的sourcing office.........因為大部分都係做緊(1) - (7)的野..................

Special Thanks: Albert (作者)

27-July-2008

2008-07-27T02:47:00.001-07:00

美房地產壞消息不斷財政部再關閉兩家分行
(法新社)7月27日星期日 10:20
（法新社華盛頓二十六日電）美國房地產危機席捲金融體系，財政部再關閉位於美國西部的兩家聯營銀行。
財政部貨幣監理署昨天晚接管加州新港灘的第一傳統銀行，以及位於內華達州雷諾的第一國家銀行內華達分行，指出這兩家銀行資本不足，且面臨資本整個虧損一空。
美國聯邦存款保險局在一份聲明中指出：「這兩家銀行的二十八個辦事處將於二十八日重新開放，成為奧瑪哈共同銀行的分行」。
「所有存款戶，包括存款金額高於聯邦存保上限的存款戶，將自動成為奧瑪哈互惠銀行的存款戶，總存款金額不變」。
除了承受所有存款戶之外，奧瑪哈互惠銀行也將支付兩億美元，以獲得這兩家倒閉銀行的資產，這兩家銀行目前是在聯邦存款保險局控制的破產管理狀態下。
美國房地產價格崩滑、房貸違約蔓延、與房貸相關的數十億美元證券市場崩跌，這兩家銀行倒閉後，使過去十八個月中在美國倒閉的銀行數目達到十家。

Hmhm........watch out.........another good chance to buy?

22-July-2008

2008-07-22T09:03:00.000-07:00

Soft 3 dollar 係整合網絡及宏觀視野的結果.

香港其實都有唔小整合網絡生類似"軟3元"的實用例子:

1. 村巴
香港唔小地方都係返工唔方便但人流不足夠開新巴士線.
返工人士寧可俾多小小錢去搭一程車,同埋save travling time.
旅遊巴係idle hours 時間可以多個搵$$$$$$$$$$$機會.
屋苑業主會開村巴俾住客搭,不過最後都係連附近非住客都搭埋.

旅遊巴+交通不便搭客+屋苑業主會(走法律gap)

好似幾間巴士公司最初都係咁投訴,不過最後好似自己都開埋村巴公司.玩埋一份(好似係當年KMB做先).

旅遊巴-一向都有....一向返工時間都係idle
交通不便搭客- 都係一向都有.....租金上調可能重會多d
屋苑業主會 - 最初的網絡整合者後來邊個係最終網絡整合者? 相信係各大巴士公司開的村巴公司.

2.Openrice
將食家,餐廳連接在一起. 好似最近已經賣盤俾jobsDB.

功能增加到用map 搵餐廳, 好好用................同時加上大量相關廣告.

Save consumer time cost + low cost (no cost before sell to JobsDB, not sure still free of charge now) advertising for restaurant or related product (credit card promotion)

食家,餐廳-一向都有.............JobsDB 提供一個platform 俾食家俾食評. 俾restaurant 一個free advertising + review product + Service 的機會.
Openrice 創辦人明顯係網絡整合者.

22-July-2008

2008-07-22T08:39:00.000-07:00

溫家寶強調要控制物價 (20:37)
2008年7月20日

總理溫家寶近日在廣東調研時指出，當前經濟運行還存在不少突出矛盾和問題。
他表示，要增強風險意識和憂患意識，努力實現經濟平穩較快發展、控制物價過快上漲的目標。
溫家寶說，當前廣東經濟社會發展同全國一樣，形勢是好的，但面臨不少新的困難和問題，特別是世界經濟增長放緩，外部需求收縮，對珠三角地區一些面向出口的中小企業影響加大。應對這些挑戰，根本出路在於深化改革開放，推動科學發展。重點要做好幾個方面的工作：一要加快轉變經濟發展方式，推動產業結構優化升級，力打造世界先進製造業基地和現代服務業區域中心。二要拓展對外開放廣度和深度，著力增強國際競爭力，大力提高引進來的水平，加快實施“走出去”戰略，把開放型經濟提高到一個新水平。三要堅持互利共贏、平等協商的原則，創新合作思路和方式，大力推進粵港澳緊密合作。
十九日至二十日，溫家寶冒著高溫酷暑來到廣州、東莞、深圳等地調研，深入廣州永勝鋼鐵製品有限公司、東莞華寶鞋業有限公司、宏威數碼機械有限公司、深圳市好易通科技有限公司、康佳集團股份有限公司等企業，了解生產、銷售和研發情況，傾聽大家的意見。

高虎城說調整政策助出口商

商務部副部長高虎城說，某些行業和企業在出口運行中遇到了一些困難，當局會適時作出政策調整。高虎城在第104中國進出口商品交易會新聞發布會上說，商務部將進一步調查、分析、研究這些困難，適時做出政策調整。

如果RMB 升到6.5-6.3 唔再升, 會發生咩事 ? 係唔係要買返d 香港local bank 好d 呢?

20-JULY-2008

2008-07-19T11:02:00.001-07:00

物流業各大創新

Major reason -Containerlization, (http://www.apl.com/history/html/overview_innovate.html)
Major reason - Barcode system (EAN code)
-Outsourcing
-Insourcing
-3rd party logistic
-Pallization

科技上創新

-Major reason-Internet
-Major reason- Email
-EDI

寫完一大輪都冇competing in a flat world 咁好..........顯醜不如藏拙.......................

16-July-2008

2008-07-15T09:31:00.000-07:00

個市係咁drop.........我都係keep 住月供

1200 都係Target 4 HKD
一係中銀(2388)drop 到有 over 5 % dividend 都會入
87 未必會入,反正都係月供緊................
想買太多資金太小............都係努力工作增加收入...................

11-July-2008

2008-07-11T05:18:00.000-07:00

1200 dropped to one year low................
我自己係睇好樓市...........target price 4HKD

唔唔..............太古可能加碼買.........睇下今個月到手個筆$$$$$$$$有幾多啦

2-July-2008

2008-07-02T06:53:00.001-07:00

626 droped below 5 again......................

Good chance to buy again............

Target 4.5 !!!!!!!!!!!!!!!

1-July-08

2008-07-01T06:53:00.000-07:00

Keep saving $$$$$$$$$$$$ and keep buying mthly stock.....................

3-June-08

2008-06-03T07:49:00.000-07:00

keep monthly purchase............

save cash until big drop again...........

1-May-08

2008-04-30T19:13:00.000-07:00

交通銀行 1ST Q !!!!!!
http://www.hkexnews.hk/listedco/listconews/sehk/20080429/LTN20080429477_C.pdf
現稅前營業利潤為人民幣102.55億元，比上年同期增加人民幣30.55億元，增幅42.43%。

淨利潤 RMB 79億，增加107.7%淨利息收入升 50%，息差提高 27點子到 3.06%非利息收入升 70.3%；佔收入 11.34%
貸存比率降 1.6% 至 69.4%
EPS RMB 0.16;
ROA 由 1.06% 提升至 1.44%;
ROE 由 18.16% 提升至 23.15%。
減值貸款撥備覆蓋率升至 102.7%成本收入比率降至 33.7%

YEAH!!!!!!!!!!!!!!!!!!!!!

29-April-08

2008-04-29T06:53:00.000-07:00

3988
1st Q result
中国银行第一季度利润增幅较大，主要得益于净利息收入增加、中间业务收益增加和税率降低。报告期内，中国银行继续调整债券投资的规模和优化债券投资结构，审慎管理外币投资组合，努力控制风险并提高收益。同时加大吸收存款的力度，扩大和巩固了稳定的低成本资金来源。整体生息资产规模和平均收益率稳步提高，净利差、净息差水平稳中有升，第一季度共实现净利息收入人民币408.15亿元，同比增长18.74%。
中国银行中间业务亦保持快速增长势头。在传统优势的贸易融资业务迅猛增长的带动下，通过持续加强产品创新和提高服务水平，促使国际结算相关手续费实现了飞跃性的增长，咨询顾问业务的手续费收入也成倍增加。第一季度集团净手续费及佣金收入同比跃增82.93%至人民币94.54亿元。其中境内机构手续费及佣金收支净额同比增长高达115.58%。
面对宏观调控的形势，中国银行严格执行从紧的货币政策，保持境内人民币贷款在控制内增长。充分发挥多元化、国际化的优势，调整业务结构和收益结构，进一步提高集团多元化经营水平，公司金融、个人金融、金融市场等各业务条线的经营效益均持续实现增长，商业银行、投资银行、证券保险业务协同发展，成效显著。
全面的风险管理架构和运行机制进一步完善，资产质量持续得到改善。第一季度集团已识别减值贷款余额和减值贷款率保持“双降”，信贷成本继续维持在较低水平，减值贷款准备金覆盖率稳步提高。构建海内外一体化发展的经营管理模式，通过设立美洲、欧洲、亚太三大银团贷款中心整合全球资源，充分发挥海内外联动优势，利用卓著的品牌效应，银团贷款业务量和市场地位均得到了大幅提升，收益水平显著提高。
截至2008年3月31日，中国银行资产总额达人民币63,403.52亿元，较上年底增长5.83%。负债总额和股东应享权益总额分别较上年底增长5.96%和4.63%，达人民币58,708.74亿元和4,398.91亿元。其中，客户贷款总额增长7.98%，至人民币30,781.68亿元，客户存款增长5.80%，至人民币46,553.06亿元。

17-April-2008

2008-04-17T08:47:00.000-07:00

272 0.10 HKD.........
113 TBC............

Keep 月供!!

2 APRIL 08

2008-04-02T08:48:00.000-07:00

3988 Cash Dividend 0.10 RMB
3328 Cash Dividend 0.15 RMB
2318 Cash Dividend 0.50 RMB
902 Cash Dividend 0.30 RMB
19 Cash Dividend 2.33 HKD

272 APRIL 17
113 TBC

27 FEB 2008

2008-02-27T08:53:00.000-08:00

0113 迪生創建
高息零售股
買入2000

11-FEB-2008

2008-02-11T18:28:00.000-08:00

3328 9.98 SOLD
套現
再入一定係$8 or below

3988 中國銀行持續低位,長線投資好時機!!

Target:
19 月供
272 buy below 7 HKD
902 月供
2318 月供
3328 月供
3988 月供

高息股
2388 buy below 17 HKD

23 - 20 Jan 2008

2008-01-23T07:35:00.000-08:00

20 - 21 Jan
buy 272 7.5 4000
buy 272 6.6 2000
sell 87 18.9 2500

23 JAN
sell 272 7.67 4000
buy 3988 3.28 5000
buy 9430 0.086 100000

17 Jan 08

2008-01-16T08:39:00.000-08:00

手多buy 87 一手..............睇下負interest rate 係唔係會彈上去!?

8-Jan-2008

2008-01-07T08:31:00.000-08:00

20 Wheelock........set 定25 元一手...........target 34 HKD one year later........

3rd Jan 2008 ADR site

2008-01-03T10:10:00.000-08:00

有用ADR link
http://baby.boom.com.hk/portfolio/ADR/adr_search.asp

http://www.irasia.com/listco/list/hk/adr.htm

2nd Jan 2008

2008-01-02T06:29:00.000-08:00

最近攞到d China property 資料..................睇下唔同人點分析呢個market 上邊d公司!!

27-DEC-2007

2007-12-27T06:54:00.001-08:00

Watch List
823
1083
806
272
3988
19
902
3328
2318

20 DEC 2007

2007-12-25T09:23:00.000-08:00

Sell 535, 823
Buy 272

Total 8000 272 average price TBC

18DEC2007
Buy 3988 5000

17-DEC-2007

2007-12-17T05:36:00.000-08:00

有用number /代号

股份代号:5
ADSs纽约股份交易所股份代号:HBC

股份代号:14
ADSs纽约股份交易所股份代号:HYSNY.PK

股份代号:19
ADSs纽约股份交易所股份代号:SWRAY.PK

H股：股份代号:857
ADSs纽约股份交易所股份代号:SNP

H股：股份代号:902
ADSs纽约股份交易所股份代号:HNP
A股：股份代号:600011

H股：股份代号:2318
ADSs纽约股份交易所股份代号:PNGAY.PK

H股：股份代号:2628
ADSs纽约股份交易所股份代号:LFC

16-DEC-07

2007-12-16T04:14:00.000-08:00

市況反覆, 可能sell out 535 change to 272
set 0.28 sell + 8.2 buy 272

12-DEC-07

2007-12-12T07:12:00.001-08:00

Sell
669
368

Buy
272
2318

唔係669, 368 唔好.........係272 +2318 更好!

8-DEC-2007

2007-12-08T08:00:00.000-08:00

Buy
535 at 0.295 大中華慨諗Real Estate

Watch List
272 每次低位都會買d
5
945
2388
2888

902 + 823 價好就sell !

5 Dec 2007

2007-12-05T07:55:00.000-08:00

1083 sold all at 4.52
823 hold until 22HKD
902 hold until double 15HKD

月供加2隻
2318
3988

共5隻月供
19
902
2318
3328
3988

watch list
5
945
2388
2888

+
現價比月供組合平均價低就buy!

是日冇野好做

2007-11-28T06:23:00.000-08:00

是日冇野好做 HSBC set 125HKD 400............
唔到................

3988 BOC 3.5HKD 5000............
唔到................

Watch list:

737 好似幾好息study 下先..................

823領滙

2007-11-27T07:25:00.000-08:00

今日入了2手823........其實應該留返d 錢買HSBC同945................
anyway, 重可以買一手HSBC or 2手宏利......................

Watch list:
5
2388
945
3988

諗緊好唔好月供5 +3988 or 945 + 3988 定係 5 + 945????

其係要think think..........

入貨了

2007-11-22T08:56:00.001-08:00

806 7.5 2000 相信management
902 7.44 4000 中國經濟強大,用電增多
1083 4 5000 中國經濟強大, Clear Energy
386 IPO 1000 Raw Material Shipping line

Watch list
3988
5
945
823
2388

SinoTrans

2007-11-15T04:26:00.000-08:00

除了Value partner 重有Sinotrans........ still studying the 招股書,,,,,,,,,,,,,,,,,,,,,,,,,

Watch list
5
823
3988
1083
939

Value Partner IPO

2007-11-08T06:53:00.000-08:00

原來恆生Value Partner IPO 係冇借錢買ga...........希望都可以有幾手啦!..................

結算

2007-11-01T09:18:00.000-07:00

272 1500
669 3000
3988 5000

期待Value Partner IPO.....

Watch list
823
3988
939
1083

等等等

2007-10-17T16:01:00.000-07:00

成功sell 了大部份272..............現在要諗諗買咩好
Buy list
5 Below 140?
272 Below 8

Sell list
626 above 6

2007-09-30T17:15:00.000-07:00

古時一個皇帝愛上一項稱為「圍棋」的遊戲，為決定嘉獎此項遊戲的發明者，他把發明者召入宮並且宣布要滿足發明者一個願望。發明者則說：「我的願望是你賞我一粒米，只要在棋盤上的第一格放上1粒米，在第二格上放上2粒米，在第三格上加倍至4粒……，依此類推，每一格均是前一格的雙倍，直到放滿整個棋盤為止。這就是我的願望。」「好的！」皇帝認為占到便宜，高興地大聲說，「把棋盤拿出來，讓在座的各位見證我們的協定。」於是發明者開始在棋盤上擺放米粒，每放一格便倍增米粒的數量。當第一排的8個格放滿時，1、2、4、8、16、32、64、128粒米，旁觀者大笑著，指指點點。但放到第二排中間時，咯咯的笑聲漸漸消失了，而被驚訝聲所代替，因為小堆的米不久就增成了小袋的米，然後倍增成中袋的米，再倍增成大袋的米。到第二排結束時，皇帝知道他犯了個極大的錯誤。他欠發明者的米粒數為32768，而還有48個格子空著呢！皇帝終止了這個遊戲，召來全國最聰明的數學家。他們打著算盤匆匆計算。最後得到一個不可思議的結論。一粒米在64格的棋盤上每個格倍增，最後是1800億萬粒米，總數是相當於全世界的米粒總數的10倍。於是皇帝向發明者提了一個建議：如果他放過皇帝，發明者將可得到上千公頃富饒的土地和鄉村莊園。發明者則高興地接受賞賜。財富的累積，講究的是滴水穿石。人們都知道「積少成多，萬涓成水」的道理，可是沒有幾個人能做到，但洛克菲勒做到了。這就是「習慣」的魔力所在。簡單的動作重複做，簡單的話反覆說，這就是成功的秘訣。說穿了，成功其實很容易，就是先養成成功的習慣。而儲蓄即是良好的成功習慣，利用複利搭配長時間的累積金錢，所創造的驚人力量。難怪，愛因斯坦曾言︰「複利是世界上最偉大的力量。」

!!轉戴!!

27000

2007-09-30T01:43:00.000-07:00

現在個市真係crazy.......都係時間prepare 出返d 股票加強現金................
target:
272 sell at 9.80
626 sell at 5.80

月供continue :P

做個漫畫家!!

2007-09-26T06:27:00.000-07:00

呢個website 用幾張相就可以做漫畫, 幾好玩ga!!

www.comeeko.com

快d click 去玩下啦

上網學習website

2007-09-26T06:14:00.000-07:00

自己英文都係一般....所以經常會上網搵d website 睇下.

以下係部分常去website:

BBC learning English - website 名已經講明用途

http://www.bbc.co.uk/worldservice/learningenglish/

Merriam-Webster website - 查美式英文字時必用

http://www.m-w.com/

Babelfish - Translation 時必用

http://babelfish.altavista.com/

TRYMANGO

2007-09-26T06:11:00.000-07:00

今日睇雜誌,介紹一個學外語website 幾易用...

www.trymango.com