HONG KONG (AP) -- Global stock markets advanced Tuesday after a report showing U.S. consumers continued to spend last month buoyed optimism about growth in the world's largest economy.
The dollar was little changed against the yen and the euro, and oil prices hovered above $82 a barrel.
Helping sentiment were overnight gains in the U.S., where Wall Street was boosted by news that consumer spending rose for a fifth straight month in February. Spending by households is by far the biggest source of economic activity in the U.S. and drives Asian export demand. The 0.3 percent rise added to hopes consumers are regaining confidence.
As trading started in Europe, Britain's FTSE 100 added 0.1 percent, Germany's DAX rose 0.3 percent and France's CAC-40 was up 0.1 percent. Wall Street was poised for a modestly stronger open as U.S. futures gained.
In Asia, Japan's Nikkei 225 stock average rose 110.67 points, or 1 percent, to 11,097.14, and South Korea's Kospi was up 8.20 points, or 0.5 percent, at 1,700.19. Hong Kong's Hang Seng index rose 137.36, or 0.7 percent, to 21,374.79.
Tuesday, March 30, 2010
Wednesday, March 17, 2010
Catch the WAVE!
NCs,
The WAVE is undoubtedly around the corner. What I mean is that the great opportunity for us as UT consultants to amass lots of sales commission like in 2006&2007 is sooooo near. Yes global economy is not fully healed. Yes global financial system is still undergoing a major "surgery" to restore its potency but the signs are there that the upward forces are pushing the Dow Jones, Hang Seng and all major indices to go UP. And yes historically stock market preceded the major fall outs of economy in recovery. This time is no exception! Again stock market will jump and hit an all time high this time before the economy is fully restored. So, let's take this opportunity to bring in the sales guys! the time is NOW! It can't get any better timing than now that your investors will make a lot of money from the investment and in turn YOU the servicing agents will laugh to the bank to draw your commission. Just one request - call me to share the joy and excitement that u experience that's all..
The WAVE is undoubtedly around the corner. What I mean is that the great opportunity for us as UT consultants to amass lots of sales commission like in 2006&2007 is sooooo near. Yes global economy is not fully healed. Yes global financial system is still undergoing a major "surgery" to restore its potency but the signs are there that the upward forces are pushing the Dow Jones, Hang Seng and all major indices to go UP. And yes historically stock market preceded the major fall outs of economy in recovery. This time is no exception! Again stock market will jump and hit an all time high this time before the economy is fully restored. So, let's take this opportunity to bring in the sales guys! the time is NOW! It can't get any better timing than now that your investors will make a lot of money from the investment and in turn YOU the servicing agents will laugh to the bank to draw your commission. Just one request - call me to share the joy and excitement that u experience that's all..
Friday, March 12, 2010
Market continue to advance on sustained PROFITABILITY!
NEW YORK (AP) -- A rally in financial stocks Thursday helped the market extend its grind higher to a third day.
The Standard & Poor's 500 index cleared an important hurdle watched by traders when it closed just above its January peak to set a new 17-month high. That could bring some hesitant buyers into the market.
Financial shares rose after Citigroup Inc. CEO Vikram Pandit said the bank was on a path toward "sustained profitability" as it sells off risky assets. The bank has been the hardest hit by the financial crisis so the upbeat assessment helped boost expectations about the economy. The stock rose 5.6 percent.
The Standard & Poor's 500 index cleared an important hurdle watched by traders when it closed just above its January peak to set a new 17-month high. That could bring some hesitant buyers into the market.
Financial shares rose after Citigroup Inc. CEO Vikram Pandit said the bank was on a path toward "sustained profitability" as it sells off risky assets. The bank has been the hardest hit by the financial crisis so the upbeat assessment helped boost expectations about the economy. The stock rose 5.6 percent.
Tuesday, March 9, 2010
Market Advances!
NCs,
Market is advancing! Let's GET EXCITED & bring in the sales - CASH & EPF!
Market Commentary
08 March 2010
Stocks in Bursa Malaysia surged 24.44 points to close at 1324.22 points on follow-through buying from last Friday, led by banking stocks such as Public Bank, CIMB and Maybank. The Finance Index increased 314.15 points to 11851.81 points, the Properties Index gained 8.58 points to 795.20 points and the Plantation Index rose 28.55 points to 6424.61 points. The market traded within a range of 13.51 points between an intra-day high of 1325.69 and a low of 1312.18 during the session. Actively traded stocks include AEM, TRANMIL, MAYBANK, PRIVA, RESINTC, RAMUNIA, JCY, AFFIN-WC, BASWELL and AMMB. Trading volume increased to 1160.72 mil shares worth RM2259.32 mil as compared to Friday's 941.56 mil shares worth RM1564.40 mil. Leading Movers were PBBANK (+62 sen to RM11.94), CIMB (+40 sen to RM 14.12), SIME (+15 sen to RM8.70), MAYBANK (+12 sen to RM7.52) and GENTING (+20 sen to RM6.85). Lagging Movers were PETGAS (-2 sen to RM9.85), UMW (-1 sen to RM6.32), NESTLE (-2 sen to RM34.38). Market breadth was positive with 583 gainers as compared to 194 losers.
Market is advancing! Let's GET EXCITED & bring in the sales - CASH & EPF!
Market Commentary
08 March 2010
Stocks in Bursa Malaysia surged 24.44 points to close at 1324.22 points on follow-through buying from last Friday, led by banking stocks such as Public Bank, CIMB and Maybank. The Finance Index increased 314.15 points to 11851.81 points, the Properties Index gained 8.58 points to 795.20 points and the Plantation Index rose 28.55 points to 6424.61 points. The market traded within a range of 13.51 points between an intra-day high of 1325.69 and a low of 1312.18 during the session. Actively traded stocks include AEM, TRANMIL, MAYBANK, PRIVA, RESINTC, RAMUNIA, JCY, AFFIN-WC, BASWELL and AMMB. Trading volume increased to 1160.72 mil shares worth RM2259.32 mil as compared to Friday's 941.56 mil shares worth RM1564.40 mil. Leading Movers were PBBANK (+62 sen to RM11.94), CIMB (+40 sen to RM 14.12), SIME (+15 sen to RM8.70), MAYBANK (+12 sen to RM7.52) and GENTING (+20 sen to RM6.85). Lagging Movers were PETGAS (-2 sen to RM9.85), UMW (-1 sen to RM6.32), NESTLE (-2 sen to RM34.38). Market breadth was positive with 583 gainers as compared to 194 losers.
EPF sales as 1:1 for NSC and trips
NCs,
Great News! With effect of March 1 until Dec 27, 2010; EPF sales shall be counted as 1:1 for National Sales Convention Qualifying points. So go ahead bring in your EPF sales to clear your convention and trips! Good Luck!
Great News! With effect of March 1 until Dec 27, 2010; EPF sales shall be counted as 1:1 for National Sales Convention Qualifying points. So go ahead bring in your EPF sales to clear your convention and trips! Good Luck!
Wednesday, March 3, 2010
Comment on June 2010 performance
Dear NCs,
Salam. Congratulations! We have successfully completed the first half of 2010. In total our sales to date stands at RM8Mil vs RM7Mil 2009 (until June). A slight increase of 14.4%. Even though there was an increase on YOY (year on year) sales but I'm sad to note that the drop in sale last month (June 2010) RM753K from RM1.69M (55.4%) in May was a bit worrying. I don't know why but sales was slow from the beginning of the month. It's almost a similar trend as we see the equity market is moving downward lately.
My advice to all of us is that to pick up quickly this month. Do not wait any longer. Get your new sales and submit your additional investments (repeat sales) quickly as and when they are due. We don't even have to wait for investors' approval for repeat cases now because when we adopt the new sales approach i.e selling SAVING CONCEPT of long term (min 5 yrs), EPF repeat cases are automatic while DDI (Direct Debit) is almost mandatory at however much is affordable to the investors. The obvious reason for doing so is to beat the ups and downs of the market by accumulating more units during downtrend and lowering the average cost of the investment. Don't let downtrend slows you down - SELL more as unit prices are cheaper. When we focus on long term savings we need not be afraid because the common behavior of equity market will do its part that is to go up again! So don't sell fund performance now but promote long term savings Insyallah your sales will increase and become more stable even at the worst economic turmoil.
All the best!
Salam. Congratulations! We have successfully completed the first half of 2010. In total our sales to date stands at RM8Mil vs RM7Mil 2009 (until June). A slight increase of 14.4%. Even though there was an increase on YOY (year on year) sales but I'm sad to note that the drop in sale last month (June 2010) RM753K from RM1.69M (55.4%) in May was a bit worrying. I don't know why but sales was slow from the beginning of the month. It's almost a similar trend as we see the equity market is moving downward lately.
My advice to all of us is that to pick up quickly this month. Do not wait any longer. Get your new sales and submit your additional investments (repeat sales) quickly as and when they are due. We don't even have to wait for investors' approval for repeat cases now because when we adopt the new sales approach i.e selling SAVING CONCEPT of long term (min 5 yrs), EPF repeat cases are automatic while DDI (Direct Debit) is almost mandatory at however much is affordable to the investors. The obvious reason for doing so is to beat the ups and downs of the market by accumulating more units during downtrend and lowering the average cost of the investment. Don't let downtrend slows you down - SELL more as unit prices are cheaper. When we focus on long term savings we need not be afraid because the common behavior of equity market will do its part that is to go up again! So don't sell fund performance now but promote long term savings Insyallah your sales will increase and become more stable even at the worst economic turmoil.
All the best!
Monday, March 1, 2010
Work less but more profit..
ActionCOACH Business Library
Our business library provides information and services for entrepreneurs, small businesses, and professionals to manage, finance and build a better business.
How To Work Less for More Profit
By Sam Harrop
Category:Generating Leads
Share6
When I talk with professional business owners about building their business, I often get an interesting response... "No more. Please! No more! I couldn't handle any more work; I'm flat out as it is." This seems strange, because many times their business is far from what would be considered massively profitable and by their own admission is often not a fun place to work.
The problem lies in a common mis-perception that 'building business' means just getting more leads. The reality is that business building is more about 'quality' than quantity. You can achieve a better quality of client in four steps:
Step One: Define Your Clients We all have clients that drive us mad. They might always pay late or complain and haggle over invoices or prices, wait until the last minute to lodge important paperwork, put unnecessary demands on you, have questionable hygiene habits... the list goes on. The first step is to define your clients into 4 classes A,B,C & D class clients. The definition is up to you. You might also find an 'A' class client might be one that always pays a month late but never questions the price.
Step Two: Tell them where they rate Send all your 'A' and 'B' clients a letter telling them that you appreciate their effort in the relationship, that you enjoy working with them and will always strive to do the best for them. Then send your 'C' and 'D' class clients a letter suggesting that it might be time for a 'new approach'. State your commitment to service and explain how important their participation is in the relationship. If there is no change after a couple of more contacts, you might refer them to your competition. It costs you to work for these clients. You make a living working with numbers... if you make $100 profit on doing a job for a client who haggles, complains and wastes another few hours of your time and then starts on your staff members, you'd be better off without them. In the least they vastly increase the chance of a heart attack or other stress related disease (like divorce).
Step Three: Fill the void The time you recover when your 'C' and 'D' grade clients take their business to your competitors and driving them mad, can be used for marketing; attracting clients that want to work for you and that you want to work with. Alternatively you could work on systemisation to increase productivity in your practice. You could even go home early and spend some extra time with your family or on that neglected hobby or passion.
Step Four: Maintain the system Its important to inoculate yourself against more 'C's & 'D's... Make sure that your new clients are educated on the fact that the unique and outstanding level of service that you provide for them is possible because your clients commit to participating in the relationship and define what you expect of them. This is an important strategy to get YOU more in control your business, improve your profitability and most importantly, reduce the stress levels of you and your team.
Good luck!
Our business library provides information and services for entrepreneurs, small businesses, and professionals to manage, finance and build a better business.
How To Work Less for More Profit
By Sam Harrop
Category:Generating Leads
Share6
When I talk with professional business owners about building their business, I often get an interesting response... "No more. Please! No more! I couldn't handle any more work; I'm flat out as it is." This seems strange, because many times their business is far from what would be considered massively profitable and by their own admission is often not a fun place to work.
The problem lies in a common mis-perception that 'building business' means just getting more leads. The reality is that business building is more about 'quality' than quantity. You can achieve a better quality of client in four steps:
Step One: Define Your Clients We all have clients that drive us mad. They might always pay late or complain and haggle over invoices or prices, wait until the last minute to lodge important paperwork, put unnecessary demands on you, have questionable hygiene habits... the list goes on. The first step is to define your clients into 4 classes A,B,C & D class clients. The definition is up to you. You might also find an 'A' class client might be one that always pays a month late but never questions the price.
Step Two: Tell them where they rate Send all your 'A' and 'B' clients a letter telling them that you appreciate their effort in the relationship, that you enjoy working with them and will always strive to do the best for them. Then send your 'C' and 'D' class clients a letter suggesting that it might be time for a 'new approach'. State your commitment to service and explain how important their participation is in the relationship. If there is no change after a couple of more contacts, you might refer them to your competition. It costs you to work for these clients. You make a living working with numbers... if you make $100 profit on doing a job for a client who haggles, complains and wastes another few hours of your time and then starts on your staff members, you'd be better off without them. In the least they vastly increase the chance of a heart attack or other stress related disease (like divorce).
Step Three: Fill the void The time you recover when your 'C' and 'D' grade clients take their business to your competitors and driving them mad, can be used for marketing; attracting clients that want to work for you and that you want to work with. Alternatively you could work on systemisation to increase productivity in your practice. You could even go home early and spend some extra time with your family or on that neglected hobby or passion.
Step Four: Maintain the system Its important to inoculate yourself against more 'C's & 'D's... Make sure that your new clients are educated on the fact that the unique and outstanding level of service that you provide for them is possible because your clients commit to participating in the relationship and define what you expect of them. This is an important strategy to get YOU more in control your business, improve your profitability and most importantly, reduce the stress levels of you and your team.
Good luck!
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