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Dexion Ltd's Shares - A bargain, or going down the drain?

July 24, 2008

I am doing analysis on Dexion Limited, a leading Australian firm who manufactures and distribute a broad range of storage products in Australia and the Asia Pacific. Their core product range is pallet racking and shelving products designed for efficient space utilisation and logistics solutions, for both the industrial and commercial sectors. While they were listed on the ASX in April 2005, the firm have a 60-year history. Despite this, neither me nor my friends have heard of this firm before (until Martin give it to me), so I dare not comment on the firm’s brand being either well-known or not.

 

Their mission is to create value for their stakeholders by being the first choice provider of commercial workspaces, integrated systems and industrial storage solutions. Dexion’s dream or vision or management philosophy is “to be better than anyone else at what they do”. Their strategy is to defend and extend its position in established markets, to build and grow businesses in attractive markets and to create new growth platforms through driving innovation. They go by the tagline “Smarter Thinking”. Based on what I have read so far, I feel that this tagline suits their identity perfectly. They provide solutions...

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Tags: dexion ltd


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Harvard Graduate vs 9th Grader

July 14, 2008

Before you continue to criticise Malaysian education system for the 134th time, watch this video and read this website. It is so comforting to know that Harvard education is also flawed somehow. It proves there is no such thing as a perfect education.

 

We always complain how the Malaysian education system is too exam-oriented that students don’t actually understand what they are learning. Even if they understand they are not able to apply their knowledge in their daily life. I am one of those who criticise the structure of our public examinations especially PMR and SPM where the string of A’s that students achieve, poorly reflect their intelligence.

 

The video is about an education research about the dilemma facing all educators i.e. students learning through memorizing facts and regurgitating them in exams. Harvard’s science graduates were interviewed, asked to explain the causes of the seasons. Surprisingly 21 out of 23 graduates had the same misconception that they had even before entering Harvard, which a 9th grader would usually have i.e. the seasons happen because the Earth travels around the sun, so it is hotter as the Earth gets closer to the sun and colder as it’s further...

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Petronas Integrity Being Questioned

July 3, 2008

Petronas has been under great public scrutiny after the sudden rise in oil price last month. Petronas Financial Statements would be the first target where most people would rush to. Here is the breakdown of Petronas's profit worth RM600 billion.

There are arguments saying that Petronas does not do justice to the Rakyat as it doesn't lay out the exact figures pertaining how its profit is being spent. But the reality is, this is how business is run. You cannot expose too much information to the public as these information could be taken advantage of by Petronas competitors. Henceforth, only the summary is being revealed to us.

But I do agree that Petronas financial statements should be tabled in the Parliament where it will be subject to scrutiny by our MP's, after all Petronas belongs partly to the government and therefore it belongs partly to us. We deserve the right to know and to be given justification on the result of Petronas' performance. Petronas is too precious to us - it is the backbone of Malaysia. We can't afford to have any misconduct to happen, nor can we allow any act of asset misappropriation or any negligent business decision to...

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Tags: ethic


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