How A US600 Million BG Looks Like
Harry
I have just upload a Bank Guarantee (BG) worth US 600 Million.
This BG is still valid till 2009 and the owner is looking at
discounting.
There are two offers so far and both parties have confirmed that the
BG is valid and true.
Initially I was suprised but not until it can be discounted.
The two discounting proposals are:
1) Willing to pay 85% Gross and nett 83% with 2% to introducers (1%
each buyer and seller).
2) Willing to pay 80% Nett but with US1% upfront.
Currently waiting to receive the offer officially and will avise
members the progress.
Good Luck to the owner.
Harry
Rosdi Kasim
Off topic, anyone here have any experience with unit trust from public fund?
I am thinking of investing in this Public China Select Fund:
http://www.publicmutual.com.my/page.aspx?name=pcsf
China is expanding rapidly and it is good to invest there. Risky yes
but the potential is high.
Anyone here have experience in this and have some advice?
Rosdi.
thho
Hi Rosdi,
My 2 cents, China already at its peak, stock alraedy at 2009 valuation,
assumming their largest export country US still buy as much until 2009.....
China is facing the worst inflation in her whole life, property also at its
peak, labour will go up.
Even Chinese herbal, also went up almost 20% over the last one years, herbal
product seldom went up in that scale as far as I cam remeber for the last 30
years.
As such all China export will be more costly in years to come.
Along these exponential growth they will have hiccups, let say 20%, that
will be a better entry time.
rgds, Ho.
> --
> No virus found in this incoming message.
> Checked by AVG Free Edition.
> Version: 7.5.476 / Virus Database: 269.12.0/957 - Release Date: 8/16/2007
1:46 PM
>
>
Rosdi Kasim
I went to their briefing last night... you know what.. I am going to be their consultant instead!..
I am going to become a unit trust consultant.., but first I have to pass the exam.
I am going to update everyone interested to follow my rise in this industry.
I will update it in my blog too.
Stay tuned!...
Rosdi.
mfazy121
becoming a newest kid on the block.
On Aug 22, 10:03 am, "Rosdi Kasim" <rosdika...@gmail.com> wrote:
> I went to their briefing last night... you know what.. I am going to be
> their consultant instead!..
> I am going to become a unit trust consultant.., but first I have to pass the
> exam.
>
> I am going to update everyone interested to follow my rise in this industry.
>
> I will update it in my blog too.
>
> Stay tuned!...
>
> Rosdi.
>
> > > On 8/19/07, Harry <ismailb...@gmail.com> wrote:
>
> > > > Dear Members,
>
> > > > I have just upload a Bank Guarantee (BG) worth US 600 Million.
>
> > > > This BG is still valid till 2009 and the owner is looking at
> > > > discounting.
>
> > > > There are two offers so far and both parties have confirmed that the
> > > > BG is valid and true.
>
> > > > Initially I was suprised but not until it can be discounted.
>
> > > > The two discounting proposals are:
>
> > > > 1) Willing to pay 85% Gross and nett 83% with 2% to introducers (1%
> > > > each buyer and seller).
>
> > > > 2) Willing to pay 80% Nett but with US1% upfront.
>
> > > > Currently waiting to receive the offer officially and will avise
> > > > members the progress.
>
> > > > Good Luck to the owner.
>
> > > > Harry
>
> > > --
> > > No virus found in this incoming message.
> > > Checked by AVG Free Edition.
> > > Version: 7.5.476 / Virus Database: 269.12.0/957 - Release Date:
> > 8/16/2007
> > 1:46 PM- Hide quoted text -
>
> - Show quoted text -