tag:blogger.com,1999:blog-1604477176521753208.post2285537640416478000..comments2024-03-14T19:25:05.015+08:00Comments on SAKMONGKOL AK47: Asas Serba and its tollAriff Sabrihttp://www.blogger.com/profile/04134536173557859031noreply@blogger.comBlogger22125tag:blogger.com,1999:blog-1604477176521753208.post-47962899705026616092010-06-07T11:42:35.132+08:002010-06-07T11:42:35.132+08:00time to re-engineered the KSU, KSP, KPPA and KSN p...time to re-engineered the KSU, KSP, KPPA and KSN post...dont limit them to PTD only<br /><br />let others(engineer, doctor, accountant, lawyer and even lecturer) secure the above post too<br /><br />the domination of PTD will make Malaysian goes 'under'Blow d' whistlehttps://www.blogger.com/profile/04538486388065068625noreply@blogger.comtag:blogger.com,1999:blog-1604477176521753208.post-70141900130314507632010-06-03T16:39:05.452+08:002010-06-03T16:39:05.452+08:00Dato'
Asas Serba's proposal will be the b...Dato'<br /><br />Asas Serba's proposal will be the better option ONLY IF no bail out by the government a few years on.<br /><br />I hope the government has learned a painful lesson from MAS.<br /><br />Do remember it's 'rakyat' money too.Anonymousnoreply@blogger.comtag:blogger.com,1999:blog-1604477176521753208.post-39156453649578484772010-06-03T07:39:49.127+08:002010-06-03T07:39:49.127+08:00Salam Dato, Saya baca beberapa siri tajuk yg dato ...Salam Dato, Saya baca beberapa siri tajuk yg dato nukilkan yg amat menarik dan sahih. Cerita Asas Serba, Ibrahim Ali, Amirsham, Idris Jala mengenai konsessi/kenaikan tol, NEM, Subsidi, lesen KTM dan finger2 sepatutnya amat merisaukan Umno tetapi bukan org Melayu amnya. Elitis Umno tidak peduli langsung bencana yg akan menimpa negara kerana mereka terlalu amat kaya. Jika Dato sebagai anak Melayu Anonymousnoreply@blogger.comtag:blogger.com,1999:blog-1604477176521753208.post-45558409418736734732010-06-02T22:59:28.584+08:002010-06-02T22:59:28.584+08:00"I don't think managing the 23 toll conce..."I don't think managing the 23 toll concessions in Malaysia is a rocket science."<br /><br />The subsidy on 'toll users' is just a lame excuse. A prudent govt would do the following :-<br />1) raise sovereign bond whilst the rating is still favourable<br />2) nationalise all the toll concessions.<br />3) revenue collected should be channeled to 'special transport fund&#dua sennoreply@blogger.comtag:blogger.com,1999:blog-1604477176521753208.post-9331904309061336782010-06-02T21:34:17.232+08:002010-06-02T21:34:17.232+08:00anon 15:05
excuse me.. thats the alternative i do...anon 15:05<br /><br />excuse me.. thats the alternative i dont want to see happen.<br />we dont want th egovernment to raise taxes and justify spending 383billion<br /><br />this whole business becomes an open bid, when other interested parties present their own proposals to the government.Ariff Sabrihttps://www.blogger.com/profile/04134536173557859031noreply@blogger.comtag:blogger.com,1999:blog-1604477176521753208.post-50879011147642812702010-06-02T21:27:20.934+08:002010-06-02T21:27:20.934+08:00If it's Daim and Halim Saad's company, con...If it's Daim and Halim Saad's company, consider it a done deal.<br />They are back in the limelight yeah.<br />Re-asserting their prescence in Malaysia after forays overseas including Africa and Sri LankaQuiet Despairnoreply@blogger.comtag:blogger.com,1999:blog-1604477176521753208.post-15622348788485551592010-06-02T20:50:14.511+08:002010-06-02T20:50:14.511+08:00Dato
If you absolutely sure that the 383 billi...Dato<br /> If you absolutely sure that the 383 billion figure is a comic caper and the present tollcos involved in profitering,then be the TRUE SAKMONGKOL! go lodge a police report or see the MACC guys.Berani kerana Benar!<br /> Action speaks louder than words.Anonymousnoreply@blogger.comtag:blogger.com,1999:blog-1604477176521753208.post-75885297589817644732010-06-02T20:12:45.865+08:002010-06-02T20:12:45.865+08:00Why do they need Govt's approval?Most of the t...Why do they need Govt's approval?Most of the toll hiways owned/are PLC..just make a takeover bid..general offer.Thats transparency la..<br /><br />Btw..u got to check out the mess Khazanah got into cos of Pantai..somebody hv to answer.Anonymousnoreply@blogger.comtag:blogger.com,1999:blog-1604477176521753208.post-34377171359139281742010-06-02T19:38:45.836+08:002010-06-02T19:38:45.836+08:00Why should we put more money in DAIM's pocket ...Why should we put more money in DAIM's pocket when he doesn't need a DIME ? (any other party for that matter)<br /><br />Why not asked EPF to takeover which will give better returns to 12m EPF members ?<br /><br />To me it is either nationalisation or EPF to take it private. As for the valuation, just hire any big four accounting firms get the correct valuation. No need the middle men dua sennoreply@blogger.comtag:blogger.com,1999:blog-1604477176521753208.post-18607520442971620552010-06-02T17:18:07.479+08:002010-06-02T17:18:07.479+08:00ASW, ML etc
What track record did Daim and Halim ...ASW, ML etc<br /><br />What track record did Daim and Halim Saad, a raw accountant qualified from NZ have when the Mahathir gifted Renong/UEM the NS highway contract costing a record in 1987 for Govt of $800 milliion?<br /><br />You make it sound like managing a tollco is rocket science. Most of the planning and maintenance work is managed by civil engineers and actual roadworks etc. Donplaypuks®https://www.blogger.com/profile/14885751307558636916noreply@blogger.comtag:blogger.com,1999:blog-1604477176521753208.post-54744102754583226752010-06-02T15:59:49.991+08:002010-06-02T15:59:49.991+08:00Dato. You forgot SOBs. Sons of Bitches.
Heheh.Dato. You forgot SOBs. Sons of Bitches.<br /><br />Heheh.Ir. Hanafi Alihttps://www.blogger.com/profile/09968863774056195660noreply@blogger.comtag:blogger.com,1999:blog-1604477176521753208.post-16711712747260587362010-06-02T15:44:02.528+08:002010-06-02T15:44:02.528+08:00Dato',
The figure of RM383Billion quoted by th...Dato',<br />The figure of RM383Billion quoted by the government is utter rubbish. For that kind of money, the government can build alternate highways parallel to the existing one and allow toll free access to the public.<br />The government should be able to buy controlling stake in all the concessionaires for less than RM50 billion.(refer dpp)<br />As long as self interest supersedes the Navihttps://www.blogger.com/profile/15130596733343021396noreply@blogger.comtag:blogger.com,1999:blog-1604477176521753208.post-75762275250890153352010-06-02T15:05:06.743+08:002010-06-02T15:05:06.743+08:00"What's the alternative? The alternative ..."What's the alternative? The alternative is for the government to raise the toll rates and maybe later, bail some of these concessionaires. "<br /><br />No my dear, the alternative is to open it to all to bid with consideration to both price, ability and other conditions if any which should not be how strong a string can one pull and if possibile also not restricted to only MalayMalaysian Firstnoreply@blogger.comtag:blogger.com,1999:blog-1604477176521753208.post-19957985830448640962010-06-02T14:21:07.792+08:002010-06-02T14:21:07.792+08:00agree with ASW, just wonder Asas Serba is target A...agree with ASW, just wonder Asas Serba is target ALL toll concessionaires or just PLUS whose make profit every year...<br /><br />Furthermore, until now Asas Serba do not have past track record and even we are not sure their financial background, how could we pass all the toll to UNKNOWN company.<br /><br />it will encourage "patronage" and will create another rent-seeking and patronageMLnoreply@blogger.comtag:blogger.com,1999:blog-1604477176521753208.post-88564360771396302382010-06-02T14:08:25.756+08:002010-06-02T14:08:25.756+08:00Dato
My point is there is no need for the Govt to...Dato<br /><br />My point is there is no need for the Govt to create a tollco monopoly in the form od Asas Serba.<br /><br />But AS's proposal shows the tollcos are indulging in profiteering which no Govt should allow!!<br /><br />The Govt has sufficient equity, management and other clout to re-structure and freeze the toll rates, reduced concession periods and remove the compensation clauses Donplaypuks®https://www.blogger.com/profile/14885751307558636916noreply@blogger.comtag:blogger.com,1999:blog-1604477176521753208.post-88204185629721165422010-06-02T14:05:54.836+08:002010-06-02T14:05:54.836+08:00two things;
1) in recent years I've travelled...two things;<br /><br />1) in recent years I've travelled by road all over Thailand from Bangkok up to chiang Mai and to mae sai/myanma border and towards the eastern side up to nongkhai at the laotian border. Most parts of the journey were on good highway/expressway and NONE have tolls. Thailand has road tolls only within bangkok area....May be malaysian politicians can learn something or Greenbottlehttps://www.blogger.com/profile/15316111272589161400noreply@blogger.comtag:blogger.com,1999:blog-1604477176521753208.post-75941934663347667762010-06-02T13:57:19.645+08:002010-06-02T13:57:19.645+08:00donplaypuks,
agree. that 383 billion is highway r...donplaypuks,<br /><br />agree. that 383 billion is highway robbery!. the toll concessionaires support hordes of rent seekers mostly from that famous MCgaygay. AS does not have to buy 100% indeed.Ariff Sabrihttps://www.blogger.com/profile/04134536173557859031noreply@blogger.comtag:blogger.com,1999:blog-1604477176521753208.post-6019338415874716802010-06-02T13:53:06.198+08:002010-06-02T13:53:06.198+08:00The Govt and Rakyat, through Khazanah, PNB, EPF et...The Govt and Rakyat, through Khazanah, PNB, EPF etc. own 84% of PLUS.<br /><br />So, to start with they can force toll rate cuts of 20%-50%, freeze it there and draw back concession period in PLUS, the main toll operator by a long, long way, without forking out a single cent from the Treasury!! <br /><br />They don't have to buy out the minority 16% since they have Equity AND Management Donplaypuks®https://www.blogger.com/profile/14885751307558636916noreply@blogger.comtag:blogger.com,1999:blog-1604477176521753208.post-71793025814064071772010-06-02T13:40:13.419+08:002010-06-02T13:40:13.419+08:00You said "The better strategy is to allow oth...You said "The better strategy is to allow other private companies to take over and show they can manage better." The way I see it, the existing companies (with the exception of a couple) are managing it well. So why not Asas Serba just take over those that are not doing well? Why does Asas Serba needs to take over all? You make it all sound so simple but you failed to address the depth Anonymousnoreply@blogger.comtag:blogger.com,1999:blog-1604477176521753208.post-55742704554811785512010-06-02T13:33:30.275+08:002010-06-02T13:33:30.275+08:00why bail out? i have said baling out is a stupid s...why bail out? i have said baling out is a stupid strategy. if it fails let another private co buy it out?<br />toll concessions are not perpetual. they have to end. after 38 years, you mean there will ne no maintenance work? <br /><br />dont support corruption. but are you supporting that level of profiteering and blood sucking?Ariff Sabrihttps://www.blogger.com/profile/04134536173557859031noreply@blogger.comtag:blogger.com,1999:blog-1604477176521753208.post-64015145944557333102010-06-02T13:18:08.269+08:002010-06-02T13:18:08.269+08:00Are you saying Sakmongkol supports corruption, cro...Are you saying Sakmongkol supports corruption, cronyism and nepotism???Anonymousnoreply@blogger.comtag:blogger.com,1999:blog-1604477176521753208.post-753985813727535202010-06-02T13:09:00.317+08:002010-06-02T13:09:00.317+08:00You make it sound like the gomen won't have to...You make it sound like the gomen won't have to bail Asas Serba out later. Sure or not?<br /><br />If you look at the gomen's numbers, the initial buyout price is more or less the same as what Asas Serba propose. The rest of the gomen's figure is probably what it would cost to eventually phase out the tolls altogether. <br /><br />With Asas Serba, sure we pay less for a while, but thenAnonymousnoreply@blogger.com