暑假贈言 (投資篇)

筆者遠行﹐停筆休息﹐七月第一星期回港。

大膽預測﹐短期升到你唔信﹐樣樣都是好消息﹖ 那怕是環球經濟放緩﹐呆壞帳﹐打壓通漲﹐中東局勢不穩﹐歐債危機﹐美國滯漲......若要談這些﹐未來幾年也不要望股市。我說過﹐若是完全沒有上述負面消息﹐股市已是三萬點上﹐還會二萬點等着你買咩﹗

週初沒聽筆者老人言的﹐現在切忌追貨﹐雖然我說升到你唔信﹐只是大膽推測﹐靈感之事﹐好難解釋。這次錯過機會﹐相信今年還有。

祝好運﹐再見。

趣味掌故 (生活篇三十八)

還是邱德根年代﹐荔枝角荔園遊樂場不特假日旺盛﹐星期一至五晚也遊人眾多﹐是成年男人進場﹐那時有甚出位的脫衣舞表演﹐最後是全裸﹐一絲不掛﹐那時是違法的﹐鹹濕佬趨之若騖。(相信現時法例有關淫褻表演也是違法﹐不過揾鬼睇﹐互聯網發達之故。)

由於太墟撼﹐招至警方撿控﹐但警方敗訴﹐理由是主控的控狀是[全裸]﹐辯方律師否定﹐認為舞孃到最後不是全裸﹐仍有穿着高跟鞋﹐法官最後判荔園勝訴。

小發明 (生活篇三十七)

筆者出生寒微﹐十餘歲開始工作﹐從小廝做起﹐有幸常遇貴人﹐工作安穩﹐從無創業打算﹐亦恐輸不起。

日常一些生活細節﹐筆者稍動腦筋﹐可以發財﹐多年前行李喼只是底部四個小輪子﹐一拉便倒下﹐我心裏提出何不做兩個大的輪子在一端﹐另一端可以提起拉動﹐這個後來有人造了。

我還有一個小設計 – 無縫門鉸﹐能防止小孩(及所有人)被夾手指﹐原理很簡單﹐棄用現在的門鉸hinge﹐改為軸心式圓的設計﹐再加點美化花巧便成﹐這個可作為新樓其中的賣點。

還有一樣生意可做﹐是流動式的多層鋼架停車場﹐日本已有了多年﹐香港最適用於海灘或遊人眾多的空曠地區﹐只要把汽車駛進一位置﹐電腦便自動控制起落架升上至空格﹐安全方便快捷﹐更可避免偷車。

做生意八字真言﹕尋求需要﹐設法供應。

 

纖體豐胸 (生活篇三十六)

地鐵站內不少纖體豐胸的廣告﹐全部均以年輕貌美的女士作模特兒﹐但其中一個以老闆娘作名字的公司﹐除了展示美麗女孩子的身段﹐該老闆娘的玉照必定放在顯著位置。老闆娘看來年紀已不輕﹐身材樣貌既不苗條又不標緻﹐令整幅廣告的美感打了大節扣﹐相信不是廣告公司的主意。

X廳X房 (樓房篇十)

香港的樓房地產發展是畸形的﹐自地產霸權出現後﹐從來沒有名碼實價﹐用畢生積蓄買樓並不知道實際面積﹐到收樓才發現房間不能容納擺放睡床。

售樓書說明﹐無論是大小的樓宇﹐幾乎一定是兩廳的。甚麼是兩廳﹖不是真的兩個廳﹐只是一面吃飯﹐一面放梳化(沙發椅)﹐加起來可能甚至只數十平方呎而矣。

 

Sub-committee election platform

To tackle Malpractice - Suppress Corruption

English: https://lo-enote.blogspot.com/2011/06/blog-post_19.html

中文：https://lo-enote.blogspot.com/2011/02/blog-post_8884.html

I am a retired person, previously serving as a senior executive in one of the largest financial institutions. I had also been a chairman of an Incorporated Owners for many years. I possess thorough administration and management experience. My wife and I decided to settle down in LOHAS Park because of the enchanting environment in the vicinity. Alas! We bought and received the flat in August last year, hitherto unable to move in. The building is seven years old, but found with various defects – serious burst of pipes inside the ceiling, dropping toilet sewage oozing with stench, water seepage from external walls, a styrofoam box was found inside the wall... After hundreds of communications with the Management office, the problems are yet not entirely solved.

All in all, it is very likely of the developer's defective construction with inferior materials, coupled with the notorious management of MTR. Although several condemnations have been issued by different bodies in this estate to impeach the management, they still remain feckless. The Hong Kong Government, being the major shareholder of MTR, appears conniving at it.

There is an unfair agreement set up by the MTR with the proviso disabling the Estate to change the Management company. The MTR senior staff are arrogant, ignoring many of our requests, and despicable to bully individual owners, in an attempt to inveigle us  into a trap. It is indubitably that they cannot deny the responsibilities. There are over eight hundred cases of defect complaints about water leakage reported by individual units yet remain to be solved. With regard to the inner courtyards, it is horrible to see the broken pipes and concrete, huge and small, keep falling onto the ground.

You may be fortunate with your flat without a problem. However, you may notice the external walls and public areas are seriously deteriorating. No matter maintenance, or the damage would cause accidents including casualties, according to law, all owners of each tower will have to share the responsibilities. The estate ages less than 10 years, and the impending deterioraton is accelerating. When the developer disclaims the undertaking, the repair could be of multi-millions of dollars. If we don't compel MTR and the developer to rectify the situations in time, such expenses will have to be borne by you and me.

The MTR income, apart from a certain percentage on total management fee, is also derived from 8% manager's fee on all outsource works. In other words, the higher the expenditure, the more the income MTR receives. This may lead to lavishly unchecked expenses and perhaps also insiders syndicate tender rigging.

We all need an amiable sub-committee to work for the estate, a committee willing to work under transparency, no self-agenda and most importantly, no conflict of interest with MTR. I have the following suggestions and I will follow closely, if I am elected.

1. All candidates must declare that they and their family members do not have business connection with MTR and the developer which may cause conflict of interest.

2. During the election, there shall be certain time for Q&A before the voting. Questions shall be registered before the election. If time is insufficient, a draw shall take place.

3. During the sub-committee meeting, any elected member should disclose if there is conflict of interest on the subject to be discussed, and as such he or she will have to abstain from voting on the matter concerned.

4. Any proposal regarding the estate put forward by any member shall be discussed overtly. It cannot not be refused by majority poll of hands or ballot.

5. Because of much issues about management and repairing affairs, the sub-committee shall conduct regular meeting at least once a month. Results of other sub-group shall be passed by the monthly sub-committee meeting.

6. MTR must complete all rectification work within specific period, including public utilities, external walls, and individual flats that have had latent defects but are subsequently discovered. Progress reports must be made known to public.

7. MTR carrying out rectification work for individual flats should notify the owners the schedule and time table.

8. To prohibit malfeasance and conclave arrangement, non-current expenditure shall be discussed openly in the sub-committee meeting. Resolution shall not be made by email. The books concerning public expenditure shall be open and through the sub-committee for owners inspection.

9. Any expense or loss caused by MTR or developer's negligence shall be borne by MTR and the developer. Such fees shall not be deducted from the management fee paid by owners.

10. All notices, including minutes of sub-committee meeting shall be forwarded to owners specified email, in addition to posting on notice boards.

11. Notice of election should be circulated early to allow sufficient time for candidates' consideration and preparation, and to allow ample time for registration for election.

12. During sub-committee meeting, it is urged that members should not be speaking foul language.

The contents stated above do not necessarily mean the past sub-committee must have committed illegal collusion, but with the defective system, it is definitely possible to happen. Finally, I declare that my family members and I have no business in relation to construction work in this estate, and there is no construction contract with MTR and the developer.

Wish you a happy living environment.

Tower 1 Candidate

September 2018

屋苑管理的隱憂

https://lo-enote.blogspot.com/2018/10/blog-post_18.html

Our Home Our Heart Our Prestige

日出康城 我們的家園

https://youtu.be/GZ02iYNkS0w

e: plau7518@gmail.com

(Tenants, if not owners, kindly pass on to owners)

對賭基金 (下) (投資篇)

筆者以前認識的對冲基金是從事一些相關產品不同時間的買賣﹐賺取差價。投下的資金很龐大﹐一宗買賣回報可能三兩個百份點﹐或者更低﹐但勝在穩打穩扎。金融海嘯發生後﹐美國數以千計的對冲基金清盤﹐筆者起初不明白﹐既然對冲﹐應該損失有限﹐但事實不然﹐原來所謂對冲基金﹐全部是單邊對賭﹐正是﹕對冲基金不對冲﹐保本基金不保本。 我叫那些Fund manager 為 Funny manager.

金融事業發展迅速﹐產品日新月異﹐人越來越貪婪﹐對冲基金經理對每年不是倍增的回報不滿足﹐原因只有一個﹐錢賺得愈多﹐他們的花紅百份比愈大﹐就是不賺﹐也收若干百份比的管理費﹐在無後顧之憂下﹐大膽進取些又何妨。在介紹他們過往的威水戰績﹐投資者只能看到賺錢的一面﹐對虧大本清了盤的絕口不談﹐因彼等已不存在。記得亞洲金融風暴後有某大銀行登廣告顯示他們的一只泰國基金一年增長90%﹐惟筆者有留意﹐年前該基金下跌了百份之九十﹐故此它的回報是(100-90%)+90%﹐即是一百元投資得回一十九元。