Wednesday, 11 June 2008

Backed to lives…

Well, finally the examination had over for me…now start to having my holidays for around 3 weeks time…
Overall, the questions seems to be moderate or “OK” for me, may be thanks to the last minute “crazy revisions” which may me feel that why time pass so slows & having “dizzy” always (may be crammed too much items inside the brain); seems decades…wahaha! However, the half-month marathon revision had over…Hope that all the three papers that I had attempted for can pass when the results had come out in 10 weeks time from tomorrow (12/6/08)!
Next semester, I would have another 2 more papers of lectures to go: Paper 7- Planning, Control and Performance Management & Paper 10- Managing Finance + the re-sit of the most “horrible” Paper 5- Managing People & Systems, which is merely Management.
Of course, I still had a CBE to undergo for Paper 2- Information for Management Control, which is a 2 hours MCQ test (to be opt for around August gua).
[Side note: May be can consider taking Paper 8: Implementing Auditing Procedures also although this is an option papers & my college also don’t offer this paper. However, if we want to proceed to ACCA qualification, there is no option available. To have a basic 1st is better than struggling one go. But, the trouble is that this is almost a theory based paper; is HARD to do self-study leh! See how it goes 1st after my KL trip on next month.]
Back to other issue, well over the past 10 days, various daily needs had experienced price hike: from rice to petrol (or more accurately gasoline) to transportation fees and other kind of rumours for price hike (like cooking oils) which in turn makes the public to complaints and start to grasp the “golden hours” to go and “抢购” the cheap items (the old inventory price).
Well, when I go out on last Saturday to the markets; I do can really feel the sense of fear & unsecured: Scared that the price for all kinds of goods will experience inflation in the near future, thus they tried their very “best” to keep some inventory in their homes. The most terrible thing is about the cooking oils, the shelves that display the stocks is almost being “cleared up” with only the small packs left over…what a astonishing scene for me…is this the end of the days? I mean you do need to search for additional finance source to keep stocks at homes, right?!
What makes the situation worse is that the global crude oil price is still remained at a high level, staying around at 130-140 USD per barrel. And with the prediction of the possibility to go even higher than ever before in the history, the situation may become worse in the near future. Really don’t know what to say anymore by then…
Next thing, lets talk about aviation again. Well, despite the facts that the global crude oil price stays at a high level; our two airlines operators: MAS & Air Asia are still continuing with the “price fight” to get more people to fly with them. Having to “ignite” the “war” initially, MAS go on with the 3rd phase of their “Everyday Low Fares” promotions within a short period with more great deals to attract more people to fly…
Well, I think to all Malaysian; this is a good news, but I do have one point to say: When they end this promotions programme & resumes to the normal fares, will we still willing to fly with them (with the fares is almost 2.5 times more than promotions rates)? I doubt it very much.
On the other hand, it’s east Malaysia subsidiary: MAS Wings had “create” a history by launching a brand new way to buy air tickets, namely with prepaid cards! It’s really a revolutionary! With the rates of RM180, RM120 & RM 90 depending on the routes; I do think that the price is a little bit cheaper that you go and buy online or buy at the sales office. However, I really wish to see how they categorised theirs’ routes into that three different rates…need to wait for some more time as for the time being, I cant online yet as my home telephone line is experiencing some problems: no sound at all!
While for Firefly, it continues with more zero fares promotions. However, it would sound “strange” as it had “mark” itself as a “low cost carrier” also. The problem is just the seats are limited as they operates with Fokker 50 also like MAS Wings.
And by this year-end, I believe we can see the new aircrafts bought by MAS Wings & Firefly: the ATR-72 aircraft, which is going to replace Fokker 50 in the next two years.
Lets’ see how it goes…from the time of signing MOU till delivery, it seems fast…see whether it can be made in time or not…
I guess that’s all for the time being, bye for now!