Privy the Grey News Site

There is always a room for a creativity in blog, won't you agree with that?

Still in my relaxation period, from world financial crisis that affect all that is dear to me, i find it very amusing to walk around blog from all over the world. I gladly report to you that i found this blog Privy, I don't know, my 6th sense telling me that this blog owned by Indian or at least a Pakistani blogger (i get that feeling from pictures displayed by the web). What get my attention most was the Financial Crisis tag (in the sidebar). Well if you want to keep relax i guess you should get away from this tag, since it welcome us with many (so many) sad stories about how the crisis affect company and individual in the most sad manner.

for the owner, i salute you that you gather so much about how the crisis affect people. And for the blog, i can say that you have a nice and decent taste for blog facing. not to shabby, not at all. just that your website giving me creeps of sad emotion (may be because of the grey thing), and this is enhancing the "financial crisis tag effect".

btw, that's a compliment OK

having realtime stock quotes without subscribe anything [indonesian stocks only]

those of you had eye on stock trading but still not sure about spending money on stock monitor, you can check [a real] realtime stock quotes at http://www.rti.co.id it require you to install Java though, but for something that is realtime it’s free [just fill the frontpage box with stock ticker you need]. Yes, folks it’s for indonesian stocks (stocks lister at BEI/Indonesian Stock Exchange only).

You can also have [an almost] realtime quotes in Y!Finance make sure you ad [.jk] behind the stock quotes you require, for example bbni.jk for BNI’s stock quotes. Y!Finance is enough and nice if you are a long term investor, since in my opinion LT investor doesn’t require much of a [real] realtime stock quotes, plus Y!Finance gave you the amazing charting wizard that truly help with the decision making.

for those of you have a serious thought on trading stocks in Indonesia, you can try http://www.rti.co.id paid package, it’s not expensive the cheapest package come with the price less than IDR 100,000 [less than USD 10].

pity me that the monitor does available for me, but i lack money to invest…..hahahaha………

:: For fun - Bear Stearns Rhapsody

It's not something about Indonesia,but still this post is something interesting to be shared. I found this post on Ahli Keuangan mailing list. For my introduction,it is about Bear Sterns having bought at cheap price by JP Morgan.

Bear Stearns Rhapsody
(using Queen's Bohemian Rhapsody tune)

Is this the real price?
Is this just fantasy?
Financial landslide
No escape from reality

Open your eyes
And look at your buys and see.
I'm now a poor boy (poor boy)
High-yielding casualty
Because I bought it high, watched it blow
Rating high, value low
Any way the Fed goes
Doesn't really matter to me, to me

Mama - just killed my fund
Quoted CDO's instead
Pulled the trigger, now it's dead
Mama - I had just begun
These CDO's have blown it all away
Mama - oooh-hoo-ooo
I still wanna buy
I sometimes wish I'd never left Goldman at all.

(guitar solo)

~~~

I see a little silhouette of a Fed
Bernanke! Bernanke! Can you save the whole market?
Monolines and munis - very very frightening me!
Super senior, super senior
Super senior CDO - magnifico

I'm long of subprime, nobody loves me
He's long of subprime CDO fantasy
Spare the margin call you monstrous PB!
Easy come easy go, will you let me go?
Peloton! No - we will not let you go - let him go
Peloton! We will not let you go
(let him go !)
Peloton! We will not let you go - let me go
Will not let you go
let me go (never) Never let you go - let me go Never let me go - ooo
No, no, no, no, No, NO, NO ! -
Oh mama mia, mama mia, mama mia let me go
S&P had the devil put aside
for me
For me, for me, for me

~~~

So you think you can fund me and spit in my eye?
And then margin call me and leave me to die Oh PB - can't do this to me
Just gotta get out - just gotta get right outta here

Ooh yeah, ooh yeah
No price really matters
No liquidity
Nothing really matters - no price really matters to me
Any way the Fed goes.....

:: the closing of Adam Air

To be frank, i hate Adam Air,the management to be precise. It's misconduct for flight safety (search Google for PPRuNe forum then look for Adam Air topics), the infamous ground handling, and foremost it's conspiracy that i presumed there is.

Being a mid-level income people, yes i do thank for the presence of LCC in Indonesia. Garuda, the full-serviced airline price surely will kill my saving account. But it is not like that i will gave my life upon the price (these point is debatable for Indonesian LOL). Now for Adam Air topics, there is some point's i'd like to strengthen about it's closing.

[analyst mode : on]
1st of all, i'd like to say that, my feeling gave me the chill that there is some ill purpose on Adam Air closing. To put is simple it was :

1. First Lie, in it's management press release. AA Management gave a statement that this closing was due to bhakti investama (50% shareholder) went out of Adam. This is in my opinion was truly a lie. Being a 50% shareholder mean that bhakti does not own majority in stock ownership, mean that bhakti could not easily take it's investment out of a running company like a finger snap, bhakti could sell it's ownership (which is not happen) to claim it's money. The proper statement to be announce should be bhakti did not agree to inject fresh money into the company. Bhakti said, this was due to AA lack of financial disclosure, that is suspicious (bhakti said that they have evidence some cash missing from the cash account).
2. Second conspiracy, is there anyone notice why AA choose to announce its closing around tha peak hour (there is 4 days holiday near its closing). I presume they want to cash out as many as they can from pre-order, pre-payment ticket. And do we notice that they have some unpaid liability about insurance, airport payment and plane fuel, which sum up to be near IDR 200 Bill (about $20 Mill), is this figure a 5 fivedays liability or this airline has plan this closing (read:cashout) carefully?
   

This topics is truly interesting that it is giving me some desire to do analysis on its financial statement. pity then, since it is not a public company then it's financial statement not release to public. But.......is there anyone out there able to giving me the fun (read : financial statement), please contact me in person.