Thursday, May 17, 2007

Securities Commission's Blacklist

Due to greed, scrupulous companies have been set-up to meet the needs of the greedy people.....hehehe.

The Securities Commission has issued a list of companies or websites that has no authority/approval to deal in securities, provide investment advice and/or fund management services related to securities or futures. And if you do come across such companies or representatives of such companies, do inform SC at 603-62048999 or e-mail: Generally, people's tendency is to dabble with such companies even after reading this posting. Never try never know and what if it really works for them..............bad bad.

ABFund (
Al-Arabic Fund (
ABB Fund (
Artemis Wealth Management
Asia Wallet/ASWtrader/Splitindex Inc (
AM Global Management (

BHG e-investment (
Bidvask Investment Ltd (
Buy-e-barrel (
Brentwood Trust Company (
Belton Market (

Cambridge Capital Trading(, * (Press Release)
Capital Enhancement Club/ CEC
Capital Glory Holdings Ltd

Data Saham (
Dragon Gold Sdn Bhd / Dr Iain Gray
Duit Wayang
Dana Futures (
Dana Modal (
Debenture Petal Trust

eUK Gold ( ( (
E-suisse Fund (
Euro America Index (
E-Barrel (

Fical ( /

GC Group Asset Management
Good Credit Asset Management
Goldmill Wagner Ltd / GWA Worldwide (
Global Investment Network System (

Hibah Funds

IPC Shopping Services Sdn Bhd/Empay (

Jai Network System Sdn Bhd

Lexworth Prestige

Mercury Acquisition Associates (
Montego Finance & Securities Berhad (
My Dinar (
Mind-X Solutions Sdn Bhd (
My Share (

Oregon Invest (
Ocean Balance Ltd

Pure Investor / PIPS (,
Prowealth Solutions (

Remisier (

Sunshine Empire (
Swiss Mutual Fund (, *(Press Release)
Sweden Fund (
Solid Investment (
Smartcash (
Sime Securities (
Starr-Bradley Associates Inc (

Tian Ping (

UeBond (
United Capital Management Inc (
Universe Asset Management Inc / Tony So

Win Li Fund (
Whitman Pearce & Partners (

3A Consulting Group Sdn Bhd

If you had invested in the above schemes, all the best to you then!
Tags: Securities Commission, SC, Blacklist, Fund Management, Asset Management, Fund, Securities, Futures, Investment



Anonymous Anonymous said...


Just wondering the intention of your blog.

Are you warning people to be careful?

Have you wondered why any govt agencies tell you to invest only those regulated by the govt.

In any business or investments there is always the element of risk involved. Right?

What's important is what is your risk tolerance?

Can any regulated investments such as unit trust guarantee you returns?

Yet you've to pay management fees of 3%-5% & other related fees when you invest, and yet you can only rely on their so call track record to see a return of 5% or 10%, right?

Do they or you have to pay tax?

What if you invest in a 100% equity fund? Can you say for sure the fund you invest will give you a return in a stock market down cycle? Can the govt regulators say for sure, you'll not lose your money when you invest in such fund or the stock market?

My point is simple. If you're investing in any investment whether or not regulated, decide what is your risk tolerance?

Can you afford to lose this money?
How much can you lose?

Then see how much you can gain or profit from the investment.

Next, is it worth putting your money there?

For example, you purchase 1000 shares of a particular company at $2.00. i.e. Investment - $2000

What is your downside? If the Price of shares fall to $0.01, you lose $1.99.

What is the upside potential?
If the price goes up to $2.50, you make a gain of $500 if you sell off.

If you hold on, do you earn the profit? No.

If you hold on to get the dividend after 1 yr, how much does the company declare? 5%, 10% or 20%.
What is your gain over a 12 month period?

Most public companies, will declare a marginal dividend?

If managed by professional managers, they will want to ensure contunuity of their career. So will they recommend a high dividend. Of course not.

If managed by owner runned (majority shareholder), again will he declare a high dividend. No, again to ensure continuity. Why does he not declare more, since he is the major shareholder, who stand to gain the most.
Simply because he is a major shareholder, he already gets the bulk of the dividends declared.

Do you see the point?

Now if a fund (regulated or unregulated) were to offer a modest 10% or 20% return per month if you invest $2000, what is your return?

Upside -

Let's take 20% as the return (most unregulated funds offer very high returns).
Each month you'll get $400.
Where is your breakeven? 5 months.
So in 5 months, you not only got what you put in, the fund will continue to pay you for the rest of the 7 months. i.e. ($400 x 7 = $2800).

Downside -
The fund no longer exist, or disappears. What is your downside, you lose $2000.

If the fund closes out in 3 months, how much do you lose? $800 [$2000 - (3x$400]

Can you lose $800 in shares you invested? yes, if the price falls to $1.20. Can this happen? Yes.

At the end of the day, what is your RISK TOLERANCE?

Govt agencies duties are to protect the citizens no doubt by warning people of the dangers.

They also stand to lose in terms of taxation, because unregulated funds don't pay tax. The investors pay tax? Well that depends on the individual. So who stand to lose more?

Question is why invest in a fund that pays you peanuts, when the profits are used to pay the CEO, the rent, the 1st class airticket for the CEO, the staff & staff bonus, the govt etc, instead of to you when you are the one providing the funding?

Did you read about the top earner of funds? CEO's are paid up to $1Billion dollars a year. Simply because the fund they run makes a 100% or 200% gain. What if they fund loses 50%, he still get paid maybe $100,000 a year. What if the fund collapse, do the staff get paid over the year? Yes. If the fund collapse, do you get your money back or have any recourse? No.

Get my point.

If I want to invest, I want to have the most gain, and not to pay someone a Billion dollars just because he did a good job and I gain 100% return which I can get in say the example above in 10 months.

So GREED is a relative term.

Just my Humble Opinion.

19 May, 2007 15:21  
Blogger Johnny Ong said...

this particular posting is mainly to highlight blacklisted companies not known by many people. the main issue when SC issued this statement is to warn investors of unlicensed companies that were no authorised to collect public funds.

the other thing is when such companies are registered, irregardless of whether you earn or not (like wat u said - involvement of investment risk), companies are accountable for their investment with standard regulations.

there are laws to be followed, so everyone must follow. whether the CEO or top mgmt deserved the high salaries or not - sorry, no laws in governing a max or min.

20 May, 2007 00:22  

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