You know the RM5b (that’s RM5,000,000,000) which the govt said EPF will lend to this company called ValueCap to buy undervalued stocks? It’s turning into quite a ruckus with arguments coming from all sides…
But you know what?
It’s not about EPF being our money and we should be consulted before spending the RM5b… it’s not about that…
It’s not about poor financial market sense that RM5b is not sufficient to boost the market… it’s not about that…
It’s not about how EPF could have invested the RM5b themselves without having to go through ValueCap… it’s not about that…
It’s not about the background and credentials of ValueCap and having to check out ValueCap properly before giving it the loan to buy undervalued shares… it’s not about that…
It’s not about undeserving listen companies and their share value does should not be given redemption… it’s not about that…
It’s beyond all that…
It’s about the fact that a really bad financial tsunami is coming and people are probably going to be out of jobs, some lives may be changed forever, some may even have to jump down buildings in a few months (or weeks) time… and amidst all that, they still have the “heart” to do something like “this”.
To me, that’s what it’s all about… and it speaks a lot.
Let those have eyes see…
8 comments:
no surprise when they r the same ones who accuse ppl of disrespecting eggs, sending some fcktard to space for ntg, etc etc.
don't you know, the way they put it across, it seems that those money are theirs to begin with... in their eyes, it is perfectly alright to do what they are doing...
so yes, it is highly suspicious when they start raiding our retirement monies but do they care?
on the economic front, there is very little this govt can do... their budget is out of whack, they still live in denial and on top of that, they speak of coming out with economic stimulus come nov 4... sigh...
I honestly don't like the sound of it....
heya.. so, what's your advice?
ahhh! that's the very reason for this move...they don't wana be in these categories..who knows where the money REALLY went or is REALLY going to...
;)
i wonder who will have the eyes..
That is precisely why we have absolutely no respect for them whatsoever.
kyh - more than that... it's the cruel mentality...
myop101 - they think this who land belongs to them and we are all their minions.
terra shield - nobody does.
rainbow angeles - hold on to your cash as hard as possible.
huei - we will never know... but sure it will be in a pocket.
swee ping - let's hope many will....
crankster - i think no one has... ppl just wanna make money off them.
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