Saturday, December 5, 2009

Sushi Tei

Sushi Tei - Where pristine culinary skills and incisive expertise with an innate appreciation of nature come together to inspire and enhance the experience of true Japanese dining.





Sushi Tei originated from Singapore since 1994. As mentioned above, it offers Japanese cuisine in an ethereal along with a soothing ambience.



First and foremost, I will like to rain encomiums upon this restaurant because from the very moment I stepped into the restaurant, I was immediately attended by friendly and enthusiastic staffs. As much as many restaurants are focussing on customer service, I often feel neglected in their restaurants because their staff are simply too busy and nonchalant with our presence.



Also, Sushi Tei offers a calming ambience that allows their customers to enjoy their meal along with a well-designed menu filled with appealing picture of the dish per se. In marketing, you have to let your customers be sure of what they want before they will buy. As Jeffrey Gitomer mentioned, you should know why customers buy when you are selling a product. Personally, as a customer in this situation, I order food that sounds or better still look sumptuous.




In most cases, I have the propensity to order food that are either too small in portions or taste ordinary to my taste buds. However, this does not occur in sushi tei because I have visibly precise pictures of the food which I am ordering and that really helps a lot because what I see is exactly what I get.



When it comes to food, we all look for delicious looking ones before we purchase them near the street or food stalls along the malls. Unfortunately, in most restaurants, we are merely presented with ambiguous food names that sound regal but are de facto a simple dish that is presented in a pompous manner.




All in all, I am very impressed with Sushi Tei because it has allowed me to order accurately for once and also, the food quality is of top-notch quality that never fails to sustain itself despite my many visits.


Credits -sushitei, -ananti

Friday, December 4, 2009

iPhone in China

The sale of iPhones in China is apparently extremely devastating, experts have dampened the forecast of sales from 1-2million units all the way down to 550,000 units.




The key reason why it has failed for now is because it is not catering well to the market at all. Policies and plans are not particularly appealing to the consumers because they do not fulfill or rather they are not tailored to the needs of the consumers. When it comes to high-priced commodities, consumers naturally want the best of the best and it to be as close as possible to what they want.


The highlight is to price and pick a policy that is esoteric to the needs of China consumers. Perhaps the iPhone market is not really appealing to the China consumers because they are not really in favour of the policies set by the telecom companies.




I guess they are most likely emulating the policies and terms based on the United States plans. However, that emulation has obviously flopped badly. Maybe it is time to structure one plan that really caters to the target market and then market the new designs and functions of the iPhone with a huge marketing program which the consumers can relate to, particularly in China.



By then, they should make a huge profits since they meet the needs of the consumers and iPhone is definitely a euchred product internationally without a doubt!
 
Credits -businessweek

Thursday, December 3, 2009

Why is the opening price of stocks so different?

Ever noticed this?


The price of stock A closed at $20.00 yesterday but it opened at $19.60 today.


Where did my 40cents go you might you wonder. Don't worry, it is not a collusion set up by the company.


I will sum it up for you why it falls to 40cents.


During the period where the market closes and opens again, there will be full of opinions and speculations(i.e financial crisis, bank collapse, job data) looming around the company per se, and this indirectly affects the outlook of the company as well.


Before the market open, investors are allowed to place orders with their brokers.


These orders are categorized into buy and sell orders.






For those who surmised that the company has a lot of potential and will continue growing, they will purchase buy orders and then they will bid at say $19, $20, or as low as $17.75 as seen from the chart above




Conversely, for people who are skeptical of the growth of the company, they will sell their stocks at a price say $18.75, $17.50 or even $16.50.


So since there are so many different buy and sell orders before the market opens again, how does the stock broker set the price?


You might say that judging from the chart, of course I will start $20 since that's the highest bid. But do you realise that if you start at $20, only 100 people will buy from you and everyone else on the sell orders side will be able to sell their stocks?


That way, you will end up with too many stocks floating around and that is extremely dangerous for your company. With too many stocks floating out there, the company most likely will have to pick up the debris and purchase it themselves. That is seriously not a viable choice to be honest.




The best choice is to pick an equilibrium price that shows an equal number of sellers and buyers. That is the perfect scenario, that way, no stocks will be left floating around.


Sounds simple right? Haha, this is just the tip of the iceberg when it comes to prices fluctuation in the market though. I will be sharing more when I have the time.


See ya.

Credits -optionsatoz, -wineenthusiasts, -najoomi, -affordablehousinginstitute

Wednesday, December 2, 2009

DON'T Quit

When things go wrong as they sometimes will.




When the road you’re trudging seems all up hill.



When funds are low and the debts are high.



And you want to smile, but you have to sigh.



When care is pressing you down a bit.



Rest, if you must, but don’t you quit.



Life is queer with its twists and turns.



As everyone of us sometimes learns.



And many a failure turns about



When he might have won had he stuck it out:



Don’t give up though the pace seems slow –



You may succeed with another blow.



Success is failure turned inside out –



The silver tint of the clouds of doubt.



And you never can tell how close you are.



It may be near when it seems so far:



So stick to the fight when you’re hardest hit –



It’s when things seem worst that you must not QUIT.

Credit -gitomer

Tuesday, December 1, 2009

Dubai Rescue

Dubai World which says it wants to freeze debt repayments for at least six months announced in a statement overnight on Monday that it will restructure part of the group, including property arm Nakheel.



"Following a detailed review of the Group's liquidity and capital structure, Dubai World has concluded that it should immediately consider alternatives in respect of the debt obligations of certain entities within the Group," it said.


For a recap, Dubai World incurred a total debt of 60billion and Dubai has also incurred debts due to the borrowing of billions of dollars over the past few years in an effort to fuel the extravagant construction boom, of which includes Dubai World.




As you guys would have expected, the shares of Dubai has plummeted by 7% for the first day and another 5.6% the second day.


Real-estate shares in Dubai dropped 9.2%, leading the market lower. Financial stocks fell 7.5%, while utilities dropped 6.4%, according to the Web site of the Dubai Financial Market.


Okay, now that I have reported the data and all the dropping of stocks and stuff.


What's the solution then ?


Dubai World said late Monday it's holding "constructive" discussions with its creditors to restructure about $26 billion of debt, of which about $6 billion is related to Nakheel's Islamic bonds known as sukuk. Dubai World's total liabilities are estimated at $60 billion.





The restructuring involves Dubai World and its Nakheel and Limitless subsidiaries, both real-estate developers.



Credits -marketwatch, -thevinylvillage, -horman

How are Stock Prices Determined Part 1

Many have been extremely cynical when it comes to the trading of stocks.

I'm sure you have all heard about the dreadful bankruptcies, suicides, murders and cases of insanity. While I dare not downplay the degree of the pain stocks can actually bring you, I will like to emphasis that these are just some of the radical consequences that might happen to you.





Why do I say so? In actual fact, these people are de facto the high risk-takers, they expect high returns and fast returns so naturally they go for the extremely risky stocks that have the propensity to fluctuate within days from the trough all the way to the crest.


However, in the real society, people do not play it that way, they tend to invest in companies that are large and stable and they dabble with the highly secured blue chip market as well.

So now, let's move on to how are stocks prices actually determined? Why are the prices up and down everything and what is actually causing it to go up and down?

Simple, basically investors are attracted to companies that post substantial profits and potential long-term growth; because many of these investors buy the stocks of these companies, their stock prices surge. Conversely, investors are reluctant to invest in companies that display weak and bleak earning prospects so they tend to sell the stocks rather than buying them, and thus, the stock prices plummet.




Interest rates and currency rates have a huge role in the determination of stock prices. Let's say the interest rate of the country the company is in, is currently at an all-time low, chances are that the stock prices of the company will rise. Why is that so? Simple, with a low interest rate, companies will grab the opportunity to borrow and invest the borrowed amount for long-term growth. Investors, being enticed, by the future plans the company has, will put their trust in the company along with their money. However, if the interest rate is high, stock prices naturally drop because most of the companies do not have sufficient funds to invest in new areas for future growth so they tend to enter the hibernation stage until the interest rate falls. In the mean time, the investors also go into the hibernation period and they will rather sell than to bear the risk of holding on to them.


Currency rates demonstrate the same scenario. If the currency rate of the country is strong, imports will be high whereas exports will be low. In this case, only companies who focus more on local production and construction will thrive. On the other hand, companies dealing with exports and shipping will suffer a huge impinge on their business and will most likely crash if the high currency rates is perpetual.




Finally, a rising market is called the "bull market" and the falling market is called the "bear market".

Credits -bryankludt, -ballyhooligan

Monday, November 30, 2009

Dubai gets help

From United Arab Emirates and Abu Dhabi, thank god !!!


But it is still barely sufficient.


The United Arab Emirates offered banks emergency support (special liqudity facility rate of 0.5% above Emirates interbank rates) Sunday, the first steps to ease fears that a looming debt default by two of Dubai's flagship firms could derail the global economic recovery.




"We will look at Dubai's commitments and approach them on a case-by-case basis. It does not mean that Abu Dhabi will underwrite all of their debts," the official in the government of the adjoining emirate of Abu Dhabi told Reuters by phone.


Okay, as we can see both the UAE and Abu Dhabi has offered to help.


However, let's be clear about this, UAE is not going to pay everything which is to say every single bit of the $80 billion debt for Dubai, it is merely going to inject liquditiy into the banks that needs help to cope with the debt default which is going to be delayed by 6 months.




At the same time, this move will cause many banks to go into a frenzy where they try to sell off any assets as fast as possible to raise enough money to help them tide over this 6 months.


Liqudity refers to the rate at which the bank can sell off its assets. I surmise that the UAE will most probably facilitate their selling of stocks, bonds, along with their assets. However, that is not going to sufficient because banks are weak now and they are going to be weaker.


Why is that so?


Because, once the market open, every cynical citizen is going to sell off their stocks, bonds, and investments and they are going to invest in commodities like oil and gold because they are way safer in terms of the margin of safety.




At this point, banks will go into another crisis and I assume that a lot more banks are going to go bankrupt unless UAE is willing to save all of them.


How about the other option? Abu Dhabi.




Yes, it has more than enough assets to help Dubai, considering it has a total assets of more than 300 billion dollars.


The bad news is, Abu Dhabi is going to help Dubai SELECTIVELY which is to say, there will be contracts and stuff. I don't blame Abu Dhabi for that considering that this is the best chance to exploit Dubai's unfortunate crisis.


Furthermore, it is going to be precarious move for Abu Dhabi as well. No doubt it is rich, but there still has to be a limit to the loaning of funds to other countries. You wouldn't want to lend out money and get into a crisis yourself. Ultimately, it boils down to saving yourself first.


Well, all in all, I'm sure you all can tell that even though it's going to be harsh on Dubai, the problem will eventually be solved, though at an extremely high cost.


Last but not least, during this period, it is imperative that we sell whatever we have because there will be another mini-financial crisis created by the people around the world. The government is most probably busy painting a beautiful facade to hide all these ugliness. Don't be tricked by the veneer of alacrity!

Credits -cnn, -omarulhaq, -rawartint, -emiratesupdate, -billionairescapital

You're Fired












The master bathroom boasts a bidet for ladies, deluxe vanity lighting, a circular shower and a gold-plated sink. The aircraft's seatbelt buckles are also gold plated.

Aren't you impressed by now at Trump's supposedly old 1968 Boeing 727 plane? It can easily pass of as being one of the luxurious planes we have today !

But, I am not going to sell the Trump's plane today. What I want to discuss is a more salient issue. I have read many management books and they have all unanimously agreed that the great CEOs are all thrifty and low-profiled in their own ways. Even though they earn a gargantuan amount of money, their spendings are well-focused and business-based. They rarely take planes and they stay in normal bungalows with no regal living rooms or an ethereal garden.

Am I trying to say that Donald Trump is not a great CEO? That is not my point because he has built up empires after empires of housing and hotels and we can all see the stupendous results he has delivered time after time.

However, what's the point of having gold-plated seat belts? Is it necessary to have gold sinks? Why do you even need those fanciful glasswares which are so fragile and vulnerable on the plane per se? Is it just to flaunt your properties and your social status? Well, if you are really good, you shouldn't be so insecure about yourself.

Alot of us think that we are impeccable and flawless but our ostentacious behavior and actions come across as childish acts in an attempt to steal attention. After all the rantings and castigation at the employees on cost-saving, these CEOs are actually living lavishly behind the scene while the employees suffer and scrutinize every single costings just to save the company. Is it really worth it?

All in all, I just want to say that it is really not necessary to go the high-style of living if you are not going to utilise every single bit of it effectively. It will simply be a waste of money that will otherwise be well spent.



Trump is upgrading to a larger plane, and "Mr. Trump simply doesn't need two [planes]," said George Sorial, managing director of international development and assistant general counsel at Trump Organization.

Well at least he's not having 2 planes, that's something good to hear after seeing all the pointless spendings he has made on this old plane.
Credits -cnn

Sunday, November 29, 2009

Dubai Crisis

For some of you who are still unaware, the stock market, retail industry, bank industry, construction industry, job industry and the real estate industry, okay it is de facto affecting EVERYONE !!!


Just when we thought the world is coming out of the recession and when everyone can finally live happily ever after again. NOT.


Dubai has to drop this nuclear bomb on the world.




The news in summary:


Dubai is currently faced with a total debt amounting to a hedious $80 billion. Of which $60 billion is loaned out by the conglomerate Dubai World. Yes, this unscionable behaviour is preposterous, beyond belief I must agree.




It is currently requesting for a default payment which is to drag the payment by 6 months before they pay up.


The contract most directly affected is the redemption due in December of a 3.5-billion-dollar (2.9 billion euro) Islamic bond issued by Nakheel, the company behind Dubai's iconic Palm Jumeirah tree-shaped artificial island.


The more salient issue now is how is Dubai going to solve the problem of this gargantuan debt that is so crazy that it is actually shaking the world once more like how the Lehman Brothers did.


Be under no illusion that this will and can trigger off yet another financial crisis all over again if mishandled.


However, there is a solution. Dubai can turn to its neighbour, Abu Dhabi that is an oil-rich country with assets over 350 billion dollars. The question is, will Abu Dhabi lend Dubai some money to tide over this crisis.?




If yes, what are the conditions? Will it further exacerbate the crisis Dubai is currently facing? Most probably yes, I surmise.


Well, I will do more updates on the crisis of Dubai that has already shaken the world by the way these few weeks.


Do stay tuned and you had better throw away all your stocks and start shorting stocks or you might be in deep trouble yourself before you know it.

Credits -smileosmile, -saunalahti, -yahoo

Coffee ?

They say that the profits of the caffeine industry is up because people are leaning towards premium coffee now and they are not restricted by the exorbitant price of the coffee.


But, I beg to differ from the author's point of view. I do not feel that people are getting their latte anywhere.




Where they get it really matters because the price of the coffee is already off their threshold mark to be honest. Even if they can afford it, they will look for more prestigious coffee than McCafe seriously.



I think they really have to change their strategy when it comes to coffee because their current one is not sustainable at all.



Personally, I ask myself what do I look for when I want to purchase a cup of coffee.



1. Quality






2. Environment






3. Price



Quality of the coffee has been plummeting these days, it no longer taste as unique as before. Now, the taste is bland so to speak. And to be brutally honest, the environment of some coffeeclubs are so shabby and dowdy that it disgusts me to even step inside, least ordering a cup of coffee.



Lastly, price is a problem because I see that people are abetted to buy the largest cup of coffee because it is strategically priced in such a way that you only have to pay about 1.5 dollars more for the biggest cup as compared to the smallest cup.



I think there is a serious problem here because some of us just want a small cup of coffee for enjoyment and to fulfil our cravings but we are sort of compelled to purchase the largest cup.



Yes it is a great marketing strategy because people will buy the largest cup but then again, will they come back for the biggest cup again if they are turned off by the large cup and their inability to finish it results in wastage ==> waste of money .



Is that the idea that they want to send across to the consumers ?