Thursday, October 30, 2008
I barely have enough sleep today. I was like a walking zombie around Singapore..I had to go down to school at 8am. (why?) because the lecturers kao pei, say we always go down very late and work is not done.
so i had to wake up at 6am. (why?) because it takes time for me to bathe and travel.
At around 11.45am, cliff, mao and i had to go to fook hai building to get materials for our final design.
After that at around 2.30pm, we had to go down to lavender to Kitchener complex and get locking collar and ball bearings. I am so glad we managed to get all those materials.
What we need to do now is to complete the aerofoil and get things going.
Posted by dear benji at 6:32 PM
ZR Homework..
Mitsubishi UFJ Financial Group Inc. announced that they will raise up to $10.6 billion by issuing new shares over the next year, shoring up its balance sheet in the wake of a massive investment in Morgan Stanley.
The Japanese banking giant said it will issue up to 600 billion yen ($6.5 billion) in common shares in the one-year period from Nov. 4. It will also issue 390 billion yen ($4.2 billion) in a private allocation of preferred shares to take place in November.
Mitsubishi UFJ announced the capital raising two weeks after completing its $9 billion purchase of a 21 percent stake in Morgan Stanley. It was a life-saving deal for the Wall Street icon which had teetered on the brink of collapse as its market value plummeted.
Many Japanese banks had solid finances compared to overseas rivals as the current financial crisis unfolded, and moved to take advantage with cheap purchases abroad. But the spending spree is now forcing such banks to recapitalize, particularly as the fallout from Wall Street's meltdown begins to pressure them in their home market.
"With strategic investments domestically and abroad, as well as reinforcing the overall strength of the group through reorganization, we have put the pieces in place for future growth," Mitsubishi UFJ said in a statement.
Ratings agency Standard & Poor's said Mitsubishi UFJ's share issue won't result in a higher credit rating as the capital increase only serves to offset the capital decrease involved in buying the Morgan Stanley stake. Mitsubishi UFJ used cash to finance the investment in Morgan Stanley.
S&P also warned that the recent slowdown of Japan's economy and falling stock prices are increasing pressure on Mitsubishi UFJ's asset quality.
"Furthermore, the company's profitability is also being pressured by reduced demand among borrowers and a decrease in fee income, mainly from sales of investment trusts," it said in a statement.
The Mitsubishi UFJ announcement came after the stock market closed Monday, but Japanese media had widely reported that it and other banks were planning to issue new shares to boost reserves after splashing out on acquisitions abroad. Nomura Holdings bought the Asian and European divisions of failed US investment bank Lehman Brothers.
The reports sent bank shares down sharply during trade Monday as investors sold on dilution fears. Mitsubishi UFJ shares plummeted 14.6 percent to 583 yen and Nomura fell 14.3 percent to 904 yen.
The benchmark Nikkei 225 index shed 486.18 points, or 6.4 percent, to 7,162.90 _ the worst closing level since October 1982.
Mitsubishi UFJ Financial Group Inc will be issuing new shares over the coming one year to boost the balance sheet due to the mammoth investment in Morgan Stanley.
Mitsubishi UFJ Financial Group Inc said that it will be issuing 600 billion yen ($6.5 billion) in common shares in the one-year period from Nov. 4 in a private allocation of private shares.
Mitsubishi UFJ Financial Group Inc. also announced that the capital raised is two weeks after completing its $9 billion purchase of a 21 percent stake in Morgan Stanley. As an Wall Street icon, Morgan Stanley was saved by the big purchase of stocks by Mitsubishi UFJ Financial Group Inc.Morgan Stanley was on the edge of the cliff and market value dropping untill the Samurai banking giant came along.
Most Japanese banks have large pool of financial reserves compared to overseas competitors. They take the opportunity and are buying cheaper shares from aboard. Mitsubishi UFJ is no different, with strategic investments locally and abroad, as well as enforcing the overall growth and ability of the group through re-organization, even in times of trouble , they have a place to fall on.
Ratings agency Standard & Poor's said Mitsubishi UFJ's share issue won't result in a higher credit rating as the capital increase only serves to offset the capital decrease involved in buying the Morgan Stanley stake. Which only will reflect well on the balance sheet. Mitsubishi UFJ pumps in cash to support Morgan Stanley. The slowdown of Japan's economy and falling stock prices are also pressuring on Mitsubishi UFJ's asset quality.
The company's profitability is also being pushed down by reduced demand among borrowers and a decrease in fee income, mainly from sales of investment trusts.
Japanese media had widely reported that Mitsubishi and other banks were planning to issue new shares to boost reserves after the buying splur in overseas market. Nomura Holdings bought the Asian and European divisions of failed US investment bank Lehman Brothers.
The reports sent chill down a person's spine when bank shares dipped sharply during trade on Monday as investors sold on dilution fears. Mitsubishi UFJ shares plummeted 14.6 percent to 583 yen and Nomura fell 14.3 percent to 904 yen.
The benchmark Nikkei 225 index shed 486.18 points, or 6.4 percent, to 7,162.90 _ the worst closing level since October 1982.
Posted by dear benji at 9:00 AM
Sunday, October 26, 2008
I AM PANICKING..Plane cant fly well still after testing on Saturday. So so scared.
I am sure Clifford is worrying too.
YT accidentally cut his hands when testing out the plane. I feel bad about it, he doesnt earn much from us and yet he bleed for our project. I should be taking his place instead. But since i got phobia of blood, i guess Clifford should take his place.. ahem.. XD
Didnt go for archery on saturday, felt so wasted..
Didnt go for archery today again felt so lethargic..
I did my first listing on Ebay yesterday. Am selling the mircometer that i stole from the workshop when i was year one, the Jerome Olivet bag that i bought on the splurge of the moment and the knife that was given to me back when i was working at Taka..
I am waiting for my arrows to come.. cant wait. X10s are coming this Saturday. YEEPEY ~!
Posted by dear benji at 2:13 PM
Saturday, October 25, 2008
My nice nice Camera.. Sony Alpha 200 DSLR
Posted by dear benji at 11:40 PM
My Neighbour's Car
I cant help but to take the picture of this car..
I love Fair Lady, such a beauty.
One day i might own one of this..
There's my table and it is really messy..I just got a Sony Alpha DSLR-A200, now i can shoot 10.2 Megapixel pictures !! YAHOO
Posted by dear benji at 8:43 PM
GOOD NIGHT..
Posted by dear benji at 3:13 AM
Today is a productive day.ZL got part of the report done at least and we got the plane working to about 70%. I am so glad it is all finally coming together and working.
We had a rough day at school, the TSO, Mr Lee & our supervisor chided us for not doing more testing. The plane isnt flying, well it isnt hovering also due to gyroscope problems. I am so worried.
Our supervisor threatened us that if our plane doesnt fly, WE WILL FAIL ~!
No fucking way man.. I've spent so much energy into this and so so much time has been spent thinking of the processes and how to get it to hover. I will not give up without a fight.
We are going down to Teck Whye tomorrow and test if it flys well. Need to tune the plane up. Therefore i cant go for archery and the national trials tml, i've wasted such opportunity. Damn wasted la. I feel angry with myself for that, because if i were to finish the testing during the holidays, things would have been much easier now.
I like you.. not sure if you do too.. i look forward to seeing you everytime. lalala
Posted by dear benji at 12:17 AM
Friday, October 24, 2008
Jealous
I'm jealous of people that can go overseas often.Canada
Taiwan
France
Germany..
X(
Posted by dear benji at 12:39 AM
Thursday, October 23, 2008
This is crazy..
i've never seen 30 plus entries of Trojans on a single computer.
My computer is so screwed.. damn.
Want to reformat computer also must think twice because of FYP and all my data in there.
This is my aerofoil that i will be using for my FYP. This will be used for the final design.
This was today.Because tomorrow is presentation day, we had to stay back till 9plus to complete all of the project.
We had pizza today as our dinner, it was really fun and amazing. So nice to have such bonding events. So damn funny also. I dont mind staying back for more days if it is like this.
Our plane manage to fly a little. We need to change Gyroscope.
Posted by dear benji at 10:56 PM
i'm tired..just woke up only.
So busy, where got time to shoot today. wao kao. damn sian la.
FYP till 10pm today ~~!!! damn, and they want to meet early at 11am.
My sister needs me to be down at her school to take her report book at 11.30am.
I am so so tired. Really tired. I really want to shoot. Looks like i wont be making in to the first team this time round.
I hope after you graduate, you'd be free.
Posted by dear benji at 10:18 AM
Dota Habit Kicking In
Die ler..My old dota habit is kicking in.. i cant stop, every night i need to play 1 game before i can sleep. I just love being in Danny Chang's team, doesnt matter if we lose or not, the thing is that he never gives up till the end. I just like that..
dota dota dota... someone suggest how to kick that habit ? Delete WC3 File ?
Posted by dear benji at 12:02 AM
Wednesday, October 22, 2008
Oily face and Hair
I just came home from school.. today was a short day. School was at 12pm and it ended at 5pm. I'm sitting in front of the computer twirling my hair as thoughts seep into my mind forming endless chains of puzzles.My face is oily and my hair is also oily, probably due to me twirling it.. I love hair twirling , ever since i was in primary school. Whenever mum tells me to do homework, maths especially, i will always sit and stare at the question. It is not that i am stupid or dumb, its just that i do not understand how the sum works..
In sec school, i was often told that i twirl my hair even without me knowing it.. its really ironic, until one day, audrey had to show it to me that i am twirling my hair, she copied me. It was only then that i stopped, for awhile. It is such a habit, i cant kick, its just like smoking to me. The only thing that stops me from twirling is when i have short hair. .
I made my new string. SO nice and beautiful.. I cant wait to use it tml.
Posted by dear benji at 7:00 PM
Helping Zuo Rong to do her Homework ^^
v) How does the company control the quality of its output? How does it build a culture of quality in its firm? (5 marks)The most primary way Adidas control the quality of its output will be from it's factory - quality control. In big factories, quality control is a must , there will be a few person placed in-charge of checking the end products. Whether does it all goes well , whether the button is sewn right , the sleeves are at the right place etc.
The factories make leeway for mistakes, they create extras ( usually around 5% of the total demand) , just in case some of the products were faulty or not up to satisfactory.
Building a culture of quality in it's firm is long term. It creates an image where customer feel good even with just the logo on. In the sales line these days, it is no long tied down to customer coming down and just wanting goods from you, they expect a lot more good services. Apart from just branding,having good services helps build a culture of quality.
How Adidas made it possible, they have a beautiful website made and in the website customers can feedback to Adidas how they feel about certain products. This gives their customers a control over their product to a certain extend and it adds to quality of the product. Not just the internet, in the retail store, feedback forms can be easily found near the cashier. And again this is for customers to have a certain control over the products that they have just bought but in contacts of Singapore, it is usually used as a medium to complain bad services.
Customers will not want to see copycat products, or products that look the same as another brand, mainly nike, puma etc. A copycat product will only make the customer feel skeptical towords the brand. Therefore, Adidas always try to keep their new products in secrecy and not reveal it until the date proposed. This creates beliefs that the product is not under-rated,it is new and better hence helps to create a culture of quality goods.
The new service Adidas have added to their retail shops a few months ago is a machine where customers could stand on and the machine could then tell if that person is a flat footed, or a high arch. The sales person will then recommend the customers the shoes that they can buy to suit their need. This machine adds quality into their product and firm. They show that they are not just making shoes for millions of people, but for everyone's individual needs.
| Assume us as CEO Must know how to implement product and service to satisfy customer How to find weaknesses of the company? Methods: get to now how customer feeling , feedback Culture of the firm- like not revealing new designs- top secrecy. Continuous Improvement- Reducing Cost Performance measurement and feedback from customers- Indicators to do well (ahead of | ||||||||
| 10/22/2008 | competitor) Steering and aligning with the changes in the market places- stay in the competition |
Posted by dear benji at 1:19 AM
Tuesday, October 21, 2008
My Tuesday Tumbles..
I called Mr Tang a few days ago to order my X10s 550.I hope i will not regret later on, because a dozen of those arrows cost me 500 dollars.
Really crossing my fingers on this.. (cross X)
Today was such a waste. I shot in the morning, short distance but couldnt shoot later in the evening after IS @ 5pm. I really want to shoot more.
Business and the economic is worth my time.. this is an elective module which anyone can choose during year 3. I learnt about stocks and investing and the forex. It is so much more interesting..
For those interested in investing, this is the website to go to : www.sgx.com Click here.
And for WISP, we learnt about prejudice, discrimination & stereotype. SO so fun and entertaining, I SWEAR , I DIDNT FALL ASLEEP TODAY ~ ! I saw this girl in the same class as i am.. i think i saw her before, that time she was still sec 4 or 5 going on year one in poly. She worked in TAKA, she gave me a look but i could tell that she knew who i was. She wasnt very friendly, can chat a little ma..
My aim for 70m is just to hit 290. I am being very realistic.
Posted by dear benji at 7:47 PM
Sec Sch Gathering
Its been a really long time since the last gathering.
When i say long, it is a few months ? It just feels like a really long time, and i miss them all.
This is a candid shot, there were more, but i didn't put it up. RongZi and Mitra did a cute pose.Zuo Rong knows the BIG BIG BIG BIG secret now.. I am taking her word for it , that she do not tell it out. I mean, let time take it's course.. Anything could happen now. Those who know what i mean, will know.. ahhh nvm..
I the PSP back from LL, shoik man... i missed my DJ MAX ~~ ! WOoooo..
Posted by dear benji at 7:36 PM
Wednesday, October 15, 2008
Nurse Party
I want to attend this Nurse Party the next time. Please jio me...
Posted by dear benji at 8:34 AM
Monday, October 13, 2008
First day of school is normal .I cant get back to the normal routine. Still sleepy in class and it feels like i havent slept in a long long time. I got to the Student Service Centre to print my time table then head over to book store besides lib to buy my books, books are really cheap : cost less then 10 dollars.
Before all the buying hassle, i met shaun at SP to get the beiter long pin (green) , this is so i can use it for my inno. I really cant wait to tune it. I just got home from school and tired, will bathe and after that make a few strings or so then tune it. !! My excitement is contained, cant wait !
I am really broke after buying all these archery stuff. Really really broke. I am banging hard on my genting trip this coming Nov to gamble and win some money from the casino.
Posted by dear benji at 4:52 PM
Sunday, October 12, 2008
I sold my NX riser today.Got a good price for it.
Damn tired, deprived of sleep for the past few days. I didn't know that school is starting tomorrow. I havent gotten money for my books yet.
I will post pictures on my riser when i am free. Right now, i need to get the beiter plunger long pin and limbs gauge before i can start tuning my darling up.
Posted by dear benji at 11:52 PM
Wednesday, October 08, 2008
Cards for LIFE
Photo of Cards DELETED.. because my bank is now 150 dollars short of cash. i wonder where all that money go.. =(These are my important cards that i hold in my wallet.
- Ez Link card
- Identification card
- Ngee Ann Alumni Card ( for 20% discount )
- POSB Debit card ( to do online shopping )
- POSB GO Card ( to pay for dinners when with LL )
Posted by dear benji at 4:03 PM
Tuesday, October 07, 2008
The Alarm Clock have been ringing for the past 19mins and my step sister still wont budge. I cant sleep if the alarm clock is ringing away like that. I am the sort that wakes up the moment the alarm rings.Soul Eater is nice.
This is in HD. Quality is top notch anime.
Posted by dear benji at 10:20 AM
Saturday, October 04, 2008
I feel like i am getting sick soon. I get the stuffy nose and also watery eyes. I also feel hot , maybe warm will be a better word. - Need more vitamin 'C'My dad had some heated arguments/ quarrels with the auntie just now. I was home just now what it happened. These kind of things shouldn't happen in front of my sisters. I think my sisters are affected. Dorothy was so EMO when i came home and she started throwing tantrum at me. I allow them to throw it at me, i do not think they have anyone around whom that they can do it to. Audrey used to let me do that to her.
Training went really well today. Trials is coming up on 11 Oct. Gonna try book the field later on, i hope we can book enough to get rid of the soccer peeps.
Posted by dear benji at 10:26 PM
Friday, October 03, 2008
F M Bone word - EXCUSES . . so fuck off and never come back bitch _!_ (for you)
Shoot shoot shoot..
my draw shoulder is getting heavy.. i have a hard time getting it down and also being consistent.
Spin Wings are not really good , i do not feel it is a good product. The only reason i am using it is because most people are using it, especially the koreans. I am going to change to dura-vanes , the times when i scored best was using normal AAE vanes.
Posted by dear benji at 11:16 PM
i am still thinking hard whether to get the string jig. It is so damn expensive and i am not even sure if i will sell enough strings to get back the cost.My muscles are aching after training today. Not sure what happened, but maybe due to me not clocking in enough arrows. It is not as though i am not shooting, but i think it has to do with me not shooting enough arrows. AHH.. it means not training enough ma.. i am contradicting myself.
It is so nice to see Zijie and Chun Jun training hard together. I seldom see Cj training so hard last time, but now he is really putting in the effort. It's nice to see people you know at the field and shoot with them.
i did something wrong just now, i fed seaweed into the tank just now, but the marine fishes are not eating it. I think i mistaken the normal seaweed for the fish's seaweed. I hope it does not pollute that water. Because the last time when i fed different food in, a few fishes died. =(
I havent thought of what we are going to do for this coming saturday's training yet.. ZZzzz.. think the same thing again..
useless fat malay bitch !!
FUCK FACE !
Posted by dear benji at 12:59 AM
My blog is lagging like hell.I would think it has to do with the pictures i uploaded.
STUPID F M bitch.
Dont like to see what i have to blog then dun come la. LAME bitch, cant run a single KM without stopping. Do not call others weak when you are weak. Everyone's got their weak side, so do i. I will never forget the way you told me how both of them are weak. The way you looked at me when you told me that - you sucks.