Lowyat.NET: Latest topics by Myk Hyn

Now I also curious about chicken.

Myk Hyn — Sat, 04 Jun 2022 21:29:28 +0800

B4 this never gave much thought about the chicken I eat outside. But now with all these hoohaa about chicken it starting to make me think about the chicken I eat. For the following, which type of chicken they normally use?

KFC (Special own category because it is the king of all chicken): frozen? Chilled? Fresh?

Other fast food chain like MCD, BK, etc:
Local food chain like Ah Cheng Laksa:
The chap fun stall:

And the chicken we get at pasar pagi, those that come dead and not killed on the spot. Should these chicken be cheaper due to govt subsidies?

And then the question of frozen chicken at Tesco. It's only RM6.90. is it from overseas? And the not frozen ones, is it subsidized chicken?

So many questions...

What is Freekeh Grain? Got anyone here eat b4?

Myk Hyn — Wed, 18 May 2022 00:20:20 +0800

[YOUTUBE]Shg-tkQ9u40[/YOUTUBE]

Looks like kuaci a bit but it's not. Not many videos on it as well. But ask in /k since /k is all knowing and almighty.

Wow, this Uncle Roger can sold out in Aussie.

Myk Hyn — Tue, 17 May 2022 23:44:51 +0800

https://www.livenation.co.uk/artist-nigel-ng-1322783

All Aussie slots sold out. Pretty amazing. Just haiya here and there also can sold out.

What is Global Pandemic Treaty? Anyone got idea?

Myk Hyn — Tue, 17 May 2022 00:06:25 +0800

20 hb 5.2022 KJ dan DG Hisham akan terbang sebagai Wakil utk menandatangani Global Plandemik Treaty. Perjanjian ini tidak pernah disebut oleh oleh mana mana media rasmi Kkm dan kerajaan kepada Rakyat.
Persoalannya kenapa?
KENAPA?
APA KAH RAKYAT INI BAKAL DIKHIANATI ?
ANDA NILAIKAN SENDIRI PEMIMPIN KORUP NEGARA MALAYSIA

I wish Kampung2005 review this train. CN- Laos

Myk Hyn — Sat, 14 May 2022 23:33:05 +0800

[YOUTUBE]HaY0rP44VLg[/YOUTUBE]

InDriver ok or not? Got driver or not?

Myk Hyn — Sat, 14 May 2022 17:54:48 +0800

Just learn from /k. Tested and I noticed we can put the price want as well. Not bad. But how issit? Ok or not?

RON95 should be RM3.00 or RM3.50 already.

Myk Hyn — Fri, 13 May 2022 23:02:55 +0800

Honestly, wtf man? 9pm still got back to back jam in not hotspot in Klang valley. Got rm10k from govt very big ar? Play traffic jam non stop ar? The jam now really worst than pre-covid.

Fuck this shit. RM3 or rm3.50 now!

Malaysia no such thing as riot already. Do it!

So have u spent all your RM 10K EPF?

Myk Hyn — Wed, 11 May 2022 20:36:00 +0800

So have u spent all your RM 10K EPF?

So what to invest in?

Myk Hyn — Wed, 11 May 2022 20:33:34 +0800

Dow Jones/S&P, etc sucks.
Gold drop.
Crypto drop.
House not to say that cheap.
KLSE drop.

How? Invest in what?

Need another round of EPF RM10K?

Who is Don Don Donki kidding?

Myk Hyn — Tue, 03 May 2022 23:33:46 +0800

So today wented DDK to see what the hype was all about. Sekali tengok HARGA, terus LOL. Who they kidding la......

4 Japanese apples RM50.
1 pack of small strawberries RM50.
Instant noodles RM10 - RM20 per pack.
All their products not Halal certified meaning cutting off Muslim bumi market.
They targeting to sell to who? T1 non bumis aarrr? Crazy.

They want to close in 1 year time aarrr?

Any good horror movie on Netflix?

Myk Hyn — Sun, 01 May 2022 10:46:36 +0800

Any good horror movie on Netflix?

Really should not allow RM10k EPF withdrawal.

Myk Hyn — Sun, 01 May 2022 01:51:12 +0800

So many people sewel jam road to genting, North South until this hour. Feels like unhealthy level of cars already. Previous years even b4 COVID not so bad.

U go see Google map/Waze now. Siao.

McD: Foldover Vs Samurai

Myk Hyn — Sat, 30 Apr 2022 12:17:52 +0800

Really ridiculous for mcd to remove foldover so soon. I actually kind of like foldover and feel that foldover should be permanent item. It feels the healthiest of all items.

Now this samurai burger. Meh, unless it's a direct import from Thailand and it's pork, then only it's good. Beef/chicken just doesn't cut it.

Countries debt to China. Malaysia is in! Wuuhuu!

Myk Hyn — Sun, 24 Apr 2022 15:50:31 +0800

Watch between minute 1:40 - 1:55 for best effect!

[YOUTUBE]Ua0qcxLGsNA[/YOUTUBE]

HIDUP MALAYSIA!

How difficult is it to find programmers?

Myk Hyn — Wed, 20 Apr 2022 11:17:42 +0800

So I play play apply for some junior programmer jobs. The best I saw is 50 other applicants and it's for a decent MNC.

On average is 20 people I have to 'compete' with. Ok aarr? For those SME based got 1 company only got 5 applications. Can get programmer ar?

How to enforce at Individual level? Please advice.

Myk Hyn — Sun, 17 Apr 2022 21:31:55 +0800

Individual level RM100k - RM250k wor. How the enforcement officer know if the mask u are currently wearing is SIRIM? Imagine being asked on the road.

Malaysia: Macam nak promote tapi susah nak promote

Myk Hyn — Sun, 10 Apr 2022 20:29:04 +0800

[YOUTUBE]5v63Dse3opI[/YOUTUBE]

Eventhough thumbnail is minute 8:08 but have to start from Thailand (minute 7:00) to get a better idea. Kesian Malaysia, so hard to promote.

Ayam Brand sardine RM9.25. What other option?

Myk Hyn — Sun, 10 Apr 2022 17:19:48 +0800

https://www.lotuss.com.my/en/search/sardine

What brand besides Ayam is nice and cheap? Made in China one ok?

9 Banks Asked To Write Off RM 7.6B Sapura Debt.

Myk Hyn — Tue, 05 Apr 2022 00:13:08 +0800

https://thecoverage.my/9-banks-asked-to-wri...a-energy-debts/

9 Banks Asked To Write Off RM 7.6 Billion Sapura Energy Debts Which Is More Than All The Combined Profits Of All Bank In Malaysia & 3 Times Higher Than Genting HK Loses At RM 2.5 Billion

Get ready to a massive shock to our KLSE and economy. 9 Banks asked to write off RM 7.6 Billion which is more than the combined profits of all banks in Malaysia. Bank stocks are going to take a hit which will drag down the rest of the market. This amount is 3 times higher than Genting Loses at RM 2.5 Billions.

Sapura Energy, which is saddled with RM10.3 billion in loans from nine banks, has begun discussing a debt-restructuring plan and is planning to sell some of its assets to return to sustainability.

In addition to the nine lenders, the company also owes RM1.5 billion to about 3,000 vendors, The Star reported.

Sapura Energy’s group chief executive officer Anuar Mohd Taib said it has received “majority support” from its nine lenders to start negotiations.

“Sapura Energy can no longer sustain its operations under its current debt load, which demands almost half a billion ringgit in interest payments annually. The faster we can restructure our debt, the better,” he was quoted as saying.

report said the nine banks may have to take a massive 75% haircut under the proposed plan.

In the business context, a haircut refers to the lower-than-market value placed on an asset being used as collateral for a loan.

With Sapura Energy having lost the interest of the investment community, Anuar said that the company is planning an asset divestment exercise to return to sustainability.

“The objective is to get back to sustainability, reduce the debt burden, ensure we can pay past dues to our vendors, generate enough margins and raise working capital to fund future projects.

“Divestments will help us do that,” Anuar told The Star, adding that the company is unlikely to tap more equity funding to solve its problems.

However, he was tight-lipped on the assets the company had earmarked for sale but gave some hints. He said the group wants to focus on its services, which means lesser focus on exploration and production (E&P).

“This means that assets in the latter category are likely to be up for sale,” the report said.

Sapura Energy’s E&P assets include a remaining 50% stake in SapuraOMV, a company that operates oil fields in shallow Malaysian waters.

In 2018, Sapura Energy sold 50% of its upstream oil field assets to the OMV group, an Austrian-based outfit, to create SapuraOMV.

“The stake sale brought it US$890 million (RM3.7 billion), with most of the proceeds being used to retire some of Sapura Energy’s debt,” the weekly said.

It added that Sapura Energy has other sizeable assets, including its fabrication yard in Lumut, six semi-tender drilling rigs, six tender assist rigs and some vessels.

Aside from retiring debt, Anuar said he hoped to use around RM1.5 billion to RM1.8 billion from asset disposals for working capital purposes.

Describing the current problem as one that was caused by “legacy contracts”, he said Sapura Energy inherited this from the previous management that took the decision to aggressively bid for projects after the oil crash in 2014.

“The downcycle of the O&G sector, which started with the oil price crash in 2014, lasted for almost seven years. During that time, many service providers like us went into aggressive bidding as we chased the shrinking job pie. Oil majors had cut their capital expenditure.

“With the prolonged under-investment by the oil majors coupled with the competitive tension among those of us bidding for projects, the result was that the clients passed most of the risk to us. This is why all of us in O&G services are in trouble,” Anuar was quoted as saying by The Star.

He added that Sapura Energy had many projects that were returning a negative value, adding that all of its losses stemmed from these legacy contracts.

Anuar pointed out that the Covid-19 pandemic exacerbated the situation.

“When the Covid-19 pandemic hit, some O&G services firms started restructuring, but we thought we could continue, at least this was the understanding.

“I joined in 2020 as chief operating officer and then took over the CEO’s role in March 2021. At first, we did not understand the extent of the challenges. But after taking over the helm, we realised that the company has a lot of these ‘legacy contracts’ with challenging margins,” he said.

Addendum from post 60:

QUOTE(Dentarg @ Apr 5 2022, 06:01 AM)

Bank Exposure %
1. Maybank 2.6
2. CIMB Group 2.3
3. AMMB Holdings 2
4. RHB Bank 1.9
5. Export-Import Bank of Malaysia Bhd
6. UOB Ltd
7. ING Bank
8. Standard Chartered Bank
9. Sumitomo Mitsui Banking Corp

Sources from
https://www.theedgemarkets.com/article/will...-quarters-ahead
[right][snapback]104052363[/snapback][/right]

Thailand & Myanmar benefit from China.

Myk Hyn — Sun, 03 Apr 2022 21:19:46 +0800

While Malaysia left apart.

[YOUTUBE]XoFT94WW-Vg[/YOUTUBE]

[YOUTUBE]UoInsPvgnnE[/YOUTUBE]