Thursday, September 24, 2015

Trigo 2nd Auction live auction website

Here is the website of liveauctioneers for you to check on the list of auction banknotes and coins.

50 Ringgit 12th Series. Zeti Aziz Commemorative

Lot 195 View Catalog


50 Ringgit 12th Series. Zeti Aziz Commemorative issue with 50th Anniv Logo (KNB75a:P49a) Serial no. AA 0012857, UNC


Auction Detail
Lot Viewing

Viewing at Trigometric, Amcorp Mall

Unit L3.27 Amcorp Mall No,18 PSRN Barat

Pusat Perdagangan Amcorp 46050 Petaling Jaya,

Selangor Darul Ehsan, Malaysia

16 - 17 Oct 2015

From 10.30am - 6.00pm
Bid Increments

Wednesday, September 23, 2015


After a successful organizing the first auction on Malaysia and foreign banknotes & coins, Trigometric is organizing their second auction at Hilton Hotel, Petaling Jaya on 18th October 2015.

This is very interesting to see how the collector value the prices banknotes & coins, the auction catalog is already release, and collector can find it under the below link, which you may interesting to find how some of the action items starting bid price.

Friday, May 8, 2015

Bank Notes and Coins Auction

It seem Bank Notes and Coins collection is getting popular in Malaysia, an Auction which organized by Trigometric Sdn. Bhd. which held on 15th March 2015 is getting a great respond from the collector, here are the items that put on auction on that day and the realize price at the bottom table.
Trigometric Sdn, Bhd. will be organizing Trigo 2nd Auction Malaysian and Foreign banknotes and Coins, details can be found in


Monday, October 20, 2014

Just my thought after impress by Tan Teng Boo speech!

Recently just attended for the 2014 Investor Day organize by Berhad, and I'm enjoying the last 2 session on the 12th October where Capital Dynamics MD Mr. Tan Teng Boo giving his speech and the Q&A session.

Most of the concern by the iCap shareholder and other potential shareholder is why iCap share price is trading at about 21% of it Net Asset Value (NAV) at the time of writing, and high cash holding in this close end fund which shareholder feel the cash is not fully utilized.

Actually when we see the purpose of setting up the iCap close end fund and the value investing stretching by Mr. Tan, we should be don't have much question on why the fund is keeping high level of cash.

Talking about value investing, the team of iCap is working in looking for any undervalue stock in Bursa Malaysia for a long term investment purpose, since the team found there are no such target in the market, keeping the cash should be the best option.

Traders may feel there are still such opportunity to trade in the market, as everyday market also have it top loser and top gainer, which provide the trade opportunity, but it just not the purpose of iCap.

And for a person who like to be an investor, the biggest enemy may not be the the lack of knowledge in the market, but most probably "patience" is the biggest hurdle. By looking at the iCap portfolio with all the stock entry level during that period, let say we all have the same entry level like iCap, how many of us will keep the portfolio as like iCap do? May be most of us will sell out the share with little profit cause by lack of patience.

On the day Mr. Tan show many statistic in both in global and local economy which actually giving the fact that why we should not too optimistic on the Bursa, if you as a consumer walking down to the street, and found many retailers in all kind of field telling that business is not too good and some may struggle to survive, why should we think listed company can enjoy the profit like the pass few years.

So considering the fact shown by Mr. Tan, I'm totally convince by what he had telling us on that day.

Monday, February 17, 2014

How Much Is Really Needed to Buy Affordable Housing

Breakdown of entry costs by property price

How Much Is Really Needed to Buy Affordable Housing

You may find it hard to believe. Just 4-5 years ago (Date of writing: Feb 2014), it was actually possible to own a decent-sized and decent quality condominium unit in urban centers like KL / Petaling Jaya / Johor Baru / Penang for RM200,000. They were in fact, quite common. From 2010 up till 2012, the government had considered the price bracket of RM220,000 to be within the “affordable” housing range. This was evident when they first launched the My First Home / Skim Rumah Pertamaku (SRP) for houses up to RM220,000.
However, towards the tail end of 2012, it was becoming increasingly evident that houses for that price were becoming more of a rarity. Genuine first time house buyers were gradually finding themselves priced out of the market. Recognizing the changing property price landscape, the government in 2013 bumped the maximum price range for qualifying for SRP up to RM400,000.
The move garnered ridicule from both sides of the spectrum for different reasons. On one end, lower income groups found it laughable that a price tag of RM400,000 for a house could even be considered “affordable” as it was far beyond their reach. On the other hand, the younger and more urbane groups who were striving towards their first home derided the ceiling price of RM400,000 as being out of touch. Their contention was that prices for an acceptable standard of housing was already priced beyond RM400,000.
If anything, the government’s efforts at trying to determine what is “affordable” shows us that it should be assessed to our personal situation. And what might be affordable to you today may no longer provide as comparable a standard of living compared to what was affordable to you 5 years ago.
Regardless of what is affordable to you, how much is really needed to purchase an “Affordable” house? We examine house prices ranging from RM100,000 to RM600,000.
Affordability of Initial Entry Costs
Firstly, are the entry costs of purchasing a house. The table above illustrates the kind of up-front cash one must have to purchase a house in a given price range. There is the standard 10% down payment, along with the rest of the Legal Fees and Stamp Duties which follows a scheduled fee structure. (Fee structures can be viewed at
If the entry costs above look discouraging, fret not! There is hope yet. If you are a first time buyer, there are certain schemes and methods that you can take advantage of to ease your burden of saving up enough cash. These include:
  1. 50% Stamp Duty Discount on Sale and Purchase Agreement for properties up to RM400,000
  2. Skim Rumah Pertamaku, which allows you to take a 100% loan for properties up to RM400,000, negating the need to pay the initial 10% down payment
Even if one does not qualify for the above schemes, there is still KWSP’s scheme that allows you to withdraw money from your EPF Account II to help pay for the down payment of the house.
Affordability of Loan
Even if one can afford the initial cash outlay to purchase the house, one must still be able to qualify for a mortgage loan to proceed with the purchase. When assessing whether a housing loan is affordable, there are 2 criteria that must be considered.
Firstly, do you meet the minimum acceptable level of income you must have before a bank would even give you a housing loan. Secondly, even if you do qualify for the home loan, after paying off your monthly installments, realistically, could you get by on the remaining amount?
It would be unwise to enter into a home purchase if your answer to either of the above is “No”.
The table above indicates the estimated minimum level of household income one must have to qualify for a loan of the given amount in the year 2014. It also shows clearly the estimated monthly installments one must pay. These calculations have not even taken into consideration any other commitments that you may have!
While your personal financial situation may be unique, the costs associated with the purchase of a home are somewhat set according to price. The best way to know what you can afford is to measure your personal finances against the required costs.
Finally, whether or not you are a first time home purchaser, remember to take advantage of Loanstreet’s online resources and expertise to help you through your purchase and home loan application. is a website for Malaysians to compare and apply for loans online absolutely free of charge
- See more at:

Saturday, January 11, 2014

How Money is created?

Found an interesting video to share with, their original website may try to promote the buying gold or silver, please ignore those promotion point, just what they talk about how money is created is worth thought.

Saturday, October 26, 2013

Is GST implementation confusing you?

The Malaysia 2014 Budget is tabled on the 25th October 2013, and one thing consider new concern from the rakyat will the implementation on 6% of  Goods and Services Tax (GST) starting from 1st April 2015.

There are few website can be refer to check more info for the GST, like the official website  and if it is too complicated to flip the pages on the official website, is rather useful for your reading reference.

And I think what most of the consumer is concerning is how is the final goods price end up to the end user? Is it will be higher or lower with compare to the previous tax method?

Taking and extraction from a forum discussion may have a clearer view on this,

The question start with,

People who doing business in trading of goods should have some confusing on GST.

For example, how a car spare parts end up at end user.

If using normal circumstances, it will be,

Importer in Malaysia (Dealer or Distributor) -> Retailer (Spare Parts shop) --> Foreman (Workshop) --> End User (Car Owner)

So when distributor sell to retailer, their bill need to impose 6% GST, and retailer sell to foreman another 6% and foreman to owner another 6% ?

In the scenario, end user is concerning if the GST is charging as such above example ended up with compounding 6% for 4 times (In some industry may be more than 4 level of transaction), but please find how the actual transaction go through in the below example,

After registration, all businesses say with revenue > RM1 million must charge GST at the prevailing rate. This GST that they charge and collect is known as output tax, which has to be paid to LHDN. GST incurred on business purchases and expenses (including import of goods) are known as input tax. Businesses can claim input tax if conditions for claiming are satisfied. This credit mechanism ensures that only the value added is taxed at each stage of a supply chain, hence GST also known as Value Added Tax (VAT). 

As an Illustration

The GST-registered manufacturer imports leather from overseas
The GST-registered manufacturer uses them to manufacture a bag. 
The GST-registered manufacturer sells the leather bag to a GST-registered retailer. 
The GST-registered retailer sells the bag to end user like you and me

1. Manufacturer

Pays GST to Malaysia Customs for imports
Import value = $100
Import GST paid = 6% X $100=$6 (input tax to claim from LHDN)

Charges and collects GST for sale of toys to retailer
Selling price to retailer = $200
GST charged to retailer = 6% X $200 = $12 (output tax to pay LHDN)

Net GST payable to LHDN = $12 - $6 = $6 (6% of original import amount)

2. Retailer

Pays GST to Manufacturer
Purchase value = $200
GST paid = 6% X $200=$12 (input tax to claim from LHDN)

Charges and collects GST for sale of toys to end consumer
Selling price to end consumer = $300
GST charged to end consumer = 6% X $300 = $18 (output tax to pay LHDN)

Net GST payable to LHDN = $18 - $12 = $6  (still 6% of original import amount)

3. End Consumer

Pays GST to Retailer
Purchase value = $300
GST paid = 6% X $300=$18

Net GST payable to LHDN = $18 - $0 = $18 (End consumer is not GST-registered. Therefore, he cannot claim GST paid on his purchase from LHDN

4. How to check how many people should pay GST in the above mentioned supply chain?

No. of parties
= End Consumer GST / Intermediate GST
= RM18 / RM6
= 3

5. How to minimise your GST as end consumer?

Always buy from the top source, meaning directly from manufacturer. 
Those people who have been overseas will know warehouse sales very popular overseas, reason is able to bypass all the intermediaries.
So I forsee a lot of retailers will die off slowly and a lot of manufacturers will come out with warehouse direct selling !

6. How a RM1 million revenue kopitiam can avoid collecting GST?

Simple, split into 2 companies with RM500k each.

The above example is extract from a forum discussion which I personally feel it is rather simple for consumer to understand the mechanism without need to reading such a long article in the official website.