Wednesday, December 25, 2013

JStock new development boards

There are quite of number of things you may expect from JStock new development board.


Check out the Ideas list here first. If you like a feature, add your vote.

Submitting feature requests for JStock Android & JStock - Free Stock Market Software

We need to be up front with you here. There are over a thousand of you and there are only single developer. If we tried to read and respond to every request that came in, we would never be able to ship awesome new features. We set up a special mailbox just for feature requests that we intend to review on a regular basis. Most likely, you won't get a response to your feature idea email, but we will use these suggestions collectively to influence our decision-making. In extreme cases, if our feature ideas mailbox is overflowing, we may have to empty it and start over (please don't hate us!) so that we can resume sanity. To be sure, our goal is to read everything that comes in, but we want to be up front in stating there's a chance your idea may slip through the cracks.
Email your features ideas here: yancheng.cheok [at] gmail [dot] com

Feel free to visit JStock Android and JStock - Free Stock Market Software development board.

Merry Christmas and happy holiday by the way :)

New graphics and icon for JStock

Monday, December 23, 2013

Lock screen feature for JStock Android

Due to popular demand, we decide to release lock screen feature for JStock Android. It can be setup easily through Settings -> Startup lock.

Friday, December 13, 2013

An Open Letter to MSWG - Lack of transparency in abortion of proposed listing of STM trust by Berjaya Sports Toto Berhad

Dear MSWG person in charge,

I was wondering, what minority stock holder can do, to address the below matter?

By referring to page 2, and page 10 Berjaya Sports Toto Berhad Q2 2013 quarterly report

For the quarter
As compared to the previous year corresponding quarter ended 31 October 2012, the Group recorded a decrease in revenue and pre-tax profit of 4.6% and 20.8% respectively. The higher percentage decrease in pre-tax profit was mainly due to the corporate exercise expenses incurred pursuant to the proposed listing of STM Trust (which was aborted) in the current quarter under review. The drop in the Group's pre-tax profit would be 8.9% should the corporate exercise expenses be excluded.

To find out how much is spent for corporate exercise expenses

* All figures are in '000

127,827 (Q2 2013)
161,451 (Q2 2012) (-20.8%)

If corporate exercise expenses be excluded.

147,082 (Q2 2013)
161,451 (Q2 2012) (-8.9%)

corporate exercise expenses = 19,255 (In '000)

Even without spending RM19,255,000, we can definitely find out Singapore Stock Market is not suitable for dual listing in early stage.

So, why we need to spend RM19,255,000 to learn this simple lesson? Isn't there is something fishy behind?

I feel the entire transaction is lack of transparency? May I know, what action minority shareholders can take, to get the above question answered?