Monday, July 27, 2009

The 2nd PIKOM PC Fair for 2009 is coming

Once again, the PIKOM PC Fair will be held nationwide as follow:

31 July - 2 August 2009 (11:00am - 9:00pm)

  • KL Convention Centre, Kuala Lumpur
  • Village Mall, Sungai Petani - Kedah
  • Dewan Perbandaran Taiping - Perak
  • Batu Pahat Mall, Batu Pahat - Johor

7 August - 9 August 2009 (11:00am - 9:00pm)

  • Penang International Sports Arena, Penang
  • Mahkota Parade Melaka, Melaka
  • Sabah Trade Centre, Kota Kinabalu
  • Berjaya Megamall, Kuantan - Pahang


13 August - 15 August 2009 (11:00am - 9:00pm)

  • KB Mall, Kota Bharu - Kelantan
  • Terengganu Trade Centre, Kuala Terengganu - Terengganu


14 August - 16 August 2009 (11:00am - 9:00pm)

  • Persada Johor International Convention Centre, Johor Bahru
  • Stadium Indera Mulia, Ipoh, Perak

In conjunction with this periodical major ICT event in Malaysia, there will also be an online game fair in KL Convention Centre.

Click here for more information and the layout plans of the coming PIKOM PC Fair II 2009.

Note that the ICT Fair in University Utara Malaysia (UUM) to be held on 29 - 31 July 2009 has already been postponed due to suspected A(H1N1) issue.

Sekisui retractable clothes drying rack

I just bought a modern looking Sekisui retractable clothes drying rack (model no. SFU-300WB) cash and carry for RM300 from their new showroom in Bandar Puchong Jaya.

Despite being made in China, it is a product of the Japanese Sekisui Jushi Corporation (积水树脂株式会社) which is said to have more than 50 years of establishment and pretty famous in Japan.

This Sekisui SFU-300WB retractable clothes drying rack is suitable for landed house, and can be extended from retracted length of about 4.5 feet until up to about 8 feet. When fully extended, it can hang quite a lot of clothes with its 3 hanging areas. It is very easy to assemble just by connecting the stainless steel rods together and tighten with the 6 screws provided in the packaging. It is pretty light weight (about 6kg) and easy to carry, its X-shape legs are foldable and can lean by the wall when not in use to save space.



It comes with 1 year warranty and said to be very durable which can last for many years at outdoor. It can bear up to 20kg of clothes.

Their Puchong showroom has other intersting models of clothes drying rack for landed house as well as highrise unit. For example, I found the SHO-300 model very interesting as it is transformable into different shapes. They also have indoor laundry racks, closet organizers, kitchen organizers and other products made on stainless steel rods.

Friday, July 24, 2009

Bursa Malaysia to reduce tick size effective 3 August 2009

There is a sudden news that effective 3 August 2009, Bursa Malaysia will reduce the structure of its tick size (minimum price variation between the stocks' buy and sell bid).

It is said that this move is to "in line with the current practice by global developed markets and more importantly, to create market depth, enable price discovery and boost liquidity in the local equities market."

This change will affect both the stocks as well as the equity exchange-traded funds (ETFs) listed in KLSE.

The new structure is as below:





I can foresee that the smaller tick size will make the price movement of stocks with higher price tend to be slower and more stable than before. It will be more difficult for them to hit a limit up or limit down, especially when the volume is high.

Perhaps there will be more counters going for split or bonus issue to lower down their stock price in order to maintain a lively price movement.

How will this impact on KLSE market sentiment? What will be the reaction of investors and traders? Soon we will be able to see.

Hint: Click on the "Older Posts" link to continue reading, or click here for a listing of all my past 3 months articles.