24 Feb 2012
My Kingsley is one year old now!!!
I will start posting this as a mom's dairy so I can remember all the milestones about our little one, when we get old, we can talk, share and put all the precious moments in the bottom of the heart for the rest of our life.
1month: Lift the big head just trying to watch Grandpa, and Grandpa's hug was everything he wanted when he tried to sleep; His first fever on the 1mth lunch party.
3 Month: refuse to take bottle milk, start having yogurt and pumpkin, his first solid.
6 Month: Turn Over without our help, and Dad filmed it & put on Facebook.
7 Month: Sit up by himself, and attempt to crawl
9 Month: Crawl really fast with tummy
9 Month: His first tooth and 2nd fever, said 'Ba Ba' & 'Ma Ma'
11 Month: Crawl using knees and hands, start standing up by holding sofa
12 Month: Got 7 teeth now and 3rd fever; start walking by pushing his trolley (its amazing that he start doing this)
13 Month: feed himself from bowl and try to feed Daddy and me - grapes, milk...
13 May 2010
Integrated Solution for Retailer - Value Chain
1. Demand-driven Allocation & Replenishment
2. Optimized Markdowns
3. Integrated Planning & OTB Management
4. Profitable Key Item Planning
5. Intelligent Store Transfers
28 Feb 2010
http://www.wikinvest.com/index/Baltic_Dry_Index_-_BDI_(BALDRY)
http://www.dryships.com/pages/report.asp
FCL Rates - trend & indicator
http://ship.shippingchina.com/scfi/index/detail/line_id/12/date1/date2/comparison/2006.html
http://liner.sol.com.cn/zhengxiang_list.asp?begin_port_search=Shanghai&end_port_search=ROTTERDAM
CN FCL/LCL/AIR/Truck Rates
http://www.2wfreight.com/english/#
24 Feb 2010
I will miss you
When I'm away on trip & not around my love...I will miss you :)
I miss seeing your face light up, As your eyes meet mine;
I miss seeing your soft smile, Especially when I am the reason;
I miss seeing you at platform waiting for me, As you make me feel warm in the cold air;
I miss having you close to me, And not ever ever & ever letting go;
I miss everything about you, You mean the world to me.
23 Nov 2009
Must See in Euro


4. czestochowa + zakopane (Snow on the mountain)
21 Nov 2009
2009 Pre-Xmas Warehouse Sale
=>>> Perfect Summer Looks from all their colorful & flory design...would be good to have 1 or 2 of that design in this hot summer holidays in Gold Coast...100% relex feeling...imaging walking along the beach with dress fluttered in the breeze...
Pomegranate has great casual wear, cool, comfortable, ideal for flitting from beach to bar! Cotton Kaftans - printed, plain, embellished, all $20. Silk Kurtas from $30- $80. Shirt dresses, scarves, costume jewellery and much more!
Pomegranate will also be selling off end of line home-wares, tablecloths, cushion covers, ottoman covers, photo clips and napkin ring holders at ridiculous (cheap!) prices.
MISSY VIP DISCOUNT:
Mention Missy and receive an extra 5% discount off your purchase.
WHEN
Friday 27th November, 2009 until Monday 30th November, 2009.
WHERE
Suite 56, Level 58 - 24 Kippax StSurry Hills.NSW, 2010.
http://www.pomegranateclothing.com.au/
TIMES
Fri: 2pm - 5pmSat - Sun: 10am - 4pmMon: 10am - 5pm
PAYMENT
Mastercard, Visa, Cash, Eftpos..
2. Nicola Finetti is having a final year clearance sale!
www.nicolafinetti.com -
=>> runway looks Nicola Finetti as always bring surprises...especially this spring/summer fashion week in Sydney...love their design - unique + fancy whereas still suitable for work & daytoday dress...not sure about the discount as said 80% for most ranges or just few...but would be fantastic to give a try & trust it worth to explore during weekend after Melbourne trip :) Ladies, let me know if u feel like to go with me...maybe Sat???
Up to 80% off past seasons and one off samples from NICOLA FINETTI, nyloNFlocks by NICOLA FINETTI and aXessory.
WHEN
Friday 4th December, 2009 until Sunday 6th December, 2009.
WHERE
Suite 12, 617 Elizabeth StRedfern.NSW, 2016.(02) 9698 6497
TIMES
Fri 9:30AM - 5PMSat 10AM - 5PMSun 10AM - 5PM
PAYMENT
All Major Credit Cards, Eftpos.
3. Alannah Hill- Designer Factory Outlet Sale
Massive Alannah Hill Factory Outlet Sale.
Everything is reduced to a MINIMUM of 50% off rrp... visit in-store to receive a further 20% off!
Hurry in Ladies, sale starts Thursday the 26th of November and must end Sunday the 29th!
WHEN
Thursday 26th November, 2009 until Sunday 29th November, 2009.
WHERE
Birkenhead Point19 Roseby StDrummoyne.NSW.02 9181 4999
TIMES
Thu: 10am-5:30pmFri: 10am-5:30pmSat - Sun: 9:30am-6pm
PAYMENT
Visa, Cash, All Major Credit Cards, Eftpos.
4. Seduce Warehouse Sale UP TO 70% OFF
Forget recession woes and come and enjoy up to 70% off* an amazing collection of Seduce, Katherine and Blue Juice summer and winter stock!
Find yourself some perfect wardrobe additions for both day and night, including fabulous dresses, jackets, coats, pants, tops, skirts, shoes and accessories…
The Seduce Warehouse sale has something for everyone!
Visit http://www.missyconfidential.com.au/admin/mail/logurl.php?urlid=1110&mid=??mailoutid??&uid=??UserId??
WHEN
Wednesday 25th November, 2009 until Sunday 29th November, 2009.
WHERE
51 Princes HighwaySt Peters.NSW, 2044.
TIMES
Wednesday - Friday: 9am - 5pmSaturday & Sunday: 9.30am-5pm
Branded Handbags, Travelgoods, Business Bags
Enjoy the choice of quality brands at this Handbag, Luggage, Business Bags and Accessories yearly warehouse sale.
Brands include Charlie Brown, Knomo, Luv-it!, Mandarina Duck, Ricardo Beverly Hills, Sisley, The Sak, Titan, Victorinox. There will be End of Season lines, Samples and Factory Seconds at Up to 75% off the RRP$.
Hurry as the sale runs for 4 days only.
WHEN
Wednesday 2nd December, 2009 until Saturday 5th December, 2009.
WHERE
Mayfair InternationalUnit 3 City Close37-41 O\'Riordan St(cnr Collins Street)Alexandria.NSW.02 9318 9444
TIMES
Wed: 10:00am - 7:00pmThu: 10:00am - 4:00pmFri: 10:00am - 3:00pmSat: 10:00am - 4:00pm
PAYMENT
American Express, Mastercard, Visa, Cash, Eftpos.
SHONA JOY Sample Sale
One off samples, Silk Prints and much more!
Prices start from Just $20.
WHEN
Thursday 3rd December, 2009 until Friday 4th December, 2009.
WHERE
Room 5, Level 1,617 Elizabeth StRedfern.NSW, 2016. http://www.missyconfidential.com.au/admin/mail/logurl.php?urlid=1346&mid=??mailoutid??&uid=??UserId?? 02 9690 1002
TIMES
Thur 3rd Dec: 10am - 7:30pmFri 4th Dec: 10am - 6pm
PAYMENT
Cash Only.
BECKER MINTY Designer Fashion & Home Sale
Designer Clearance Sale - Save up to 80% off clothing, jewellery, shoes and accessories by Julie Lantry, Carl Kapp, Aurelio Costarella and BECKER MINTY.
Don't miss out on these truly great bargains from top Australian and International Brands!
Also on sale, fabulous homewares and gift items. Perfect for Christmas.
Four days only. Don't miss it!
WHEN
Thursday 26th November, 2009 until Sunday 29th November, 2009.
WHERE
Suite 109 Danks StWaterloo.NSW, 2015.02 8356 9999
TIMES
Thu: 2.00pm - 8.00pmFri - Sun: 10.00am - 5.00pm
PAYMENT
Cash, All Major Credit Cards, Eftpos.
Euro Warehouse Imports Sale UpTo 80% Off RRP
Get up to 80% off European designer imports including womens Kenzo, Basler, Gerard Darel, Iceberg, Armani, Diane Von Furstenberg, Caractere, Olsen, Betty Barclay, Firetrap Womens, Feraud, Firetrap Mens, Kenzo Mens Ties, assorted Mens Business shirts and more.
Jovani (New York) long evening dresses now all only $250. Sizes 6-20 available.
WHEN
Friday 27th November, 2009 until Saturday 28th November, 2009.
WHERE
795 Botany RdRosebery.NSW, 2018.http://www.missyconfidential.com.au/admin/mail/logurl.php?urlid=1897&mid=??mailoutid??&uid=??UserId?? 02 9669 9700
TIMES
Fri & Sat: 10.00am - 3.00pm
PAYMENT
Mastercard, Visa, Cash, Eftpos.
MELBOURNE SALES:
1. Boo Radley's huge end of year summer sale!
Boo Radley is throwing a massive end of year summer sale, open to the public.
Expect to find lots of gorgeous summer pieces at bargain prices. Beautiful dresses, sassy skirts, stylish tops and cute shorts.
Nothing over $50!
WHEN
Thursday 26th November, 2009 until Sunday 29th November, 2009.
WHERE
Boo Radley Head Office (side Entrance):114-118 Campbell St(Off Johnston Street)Collingwood.VIC, 3066.http://www.booradley.com./
TIMES
Thursday - Sunday : 9:30am - 5pm
PAYMENT
Cash, All Major Credit Cards.
Sass Summer Warehouse Sale 70%off New Season!
The ever popular Sass clothing warehouse sale Summer Pre-Christmas sale is on.
Massively reduced, find Sass, Fate and Decjuba labels.
Save up to up to 70% off at this massive summer clearance sale.
New stock arriving daily, sale includes overseas & production samples.
MISSY VIP DISCOUNT:Print and bring this Missy Confidential page and receive an additional 10% off cash sales only.
WHEN
Wednesday 25th November, 2009 until Sunday 29th November, 2009.
WHERE
125 Cambridge St Collingwood.VIC.
TIMES
Wed: 10am ?6pmThu: 10am ?6pmFri: 10am ?6pmSat: 10am ?5pmSun: 10am ?2pm
PAYMENT
Cash, All Major Credit Cards, Eftpos.
14 Nov 2009
Gold Coast - What to do
must go destination...
2. Ripley's Believe It Or Not is a museum featuring hundreds of believe it or not exhibits, amazing stories, magic, mystery, incredible illusions, interactive displays and a couple of movies.
Open between 9am and 11pm daily.
Admission Prices -Adults: $14.50 StudentsBackpackers: $12.50
Phone: +617 5592 0040
Address: Raptis Plaza
http://www.ripleys.com.au/
3. Oz Jet Boating
Experience 30 minutes of thrills on waters near Mariner's Cove with high speed fish tails, wake surfing, beach blasting, power brake stops and 360-degree spins. With an 8.2L V8 502 cubic inch engine,
Price: Beach Blast Adult: $55
Mob: 0404 44 5000 Address: Berth D77, Mariners Cove Marina , Mainbeach , Enter off Sea World Drive.
Website: http://ozjetboating.sitesuite.ws/page/gold_coast.html
4. Hinterland / National Parks: There's green in them hills, Garden, bird...
Lamington National Park is about an hour and a half drive west of the Gold Coast. Narrow, winding roads lead you high into the park to O'Reilly's Rainforest Retreat.
Lamington has many walking trails, waterfalls, much wildlife and magnificent views. From the main guesthouse you can walk 300m to the Treetop Top Walk which allows you to walk through and experiencethe forest canopy.
Once you have explored the forest and gardens head to the Mountain Cafe and Gifts for a meal or just a drink.
Directions: Leave the Gold Coast via the Broadbeach-Nerang Road and the road to Lamington National Park is well marked.
5. The Wax Museum
Phone: +617 5538 3975 Address: 56 Ferny Avenue, Surfers Paradise
Website: http://www.australiagoldcoast.com/
6. Draculas: Draculas
Have a ride on the Ghost train that takes you into draculas. Enjoy a 3 course meal and then see a cabaret show. casual laid back
Bookings are essential - All bookings must be paid for in advance.
Telephone: (61 7) 5575 1000
Theme: Nightclub
Directions: The Mark Complex, Orchid Avenue, Surfers Paradise, Queensland 4217 Australia
Website: http://www.draculas.com.au/goldcoast_queensland/index.asp
Gold Coast - Where to eat
26 Orchid Ave, Surfers Paradise
Phone: 55315766
http://thecaptainstable.com.au/menu.html

2. Bavarian Haus (Germany Restaurant)
http://www.bavarianhaus.com.au/
41 Cavill AvenueSurfers Paradise, Gold Coast. Queensland.
For lunch from 11:30am - 2:30pm For Dinner from 5:30pm.
Phone: (07) 5531 71 50Fax: (07) 5531 6004
3. Alfresco - Italian Restaurant on the Gold Coast
http://www.welovealfresco.com/
Phone: (07) 5538 0395 Address: 2991 Gold Coast Hwy
Operating HoursOpen from 5:00pm / Last orders for Pizza 10:30pm
MENU: Entrees $6.50-$18.90/ Mains $12.00-$35.00/ Desserts $4.50 - $8.50
Rec: Pizza
14 Crommo’s Special 16.5 24.9tomato sauce, mozzarella, pepperoni, prawns, mushrooms,olives, garlic & chilli
11 Chicken Mushroom 15.5 23.5Tomato sauce, mozzarella, chicken & mushrooms
4. Crowne Plaza Surfers Paradise $898/7nights
http://www.expedia.com.au/pub/agent.dll
2807 Gold Coast Hwy, (formerly Parkroyal) Surfers Paradise, Gold Coast
Phone: 07-5592-9900
5. Toscani's Cafe Bar & Restaurant: Coffee on the mall - Italian
Phone: +617 5504 6064
Address: Cavill Mall, Surfers Paradise
Coffee & caramel swirl cheesecake
http://www.restaurants.com.au/restaurant.php3restaurantID=128&addToCount=1&rpage=categories
6. Ashmore Rd. Seafood & Steak: Big meals, big value
Blue steak, Moreton Bay bugs with chips and vegetables. The steak had a bacon crust and must have been close to 500g and was mouthwateringly delicious and the "bugs" (which are much like small lobsters) were tender and sweet.
Theme: Steakhouse
Phone: +617 5539 2776
Address: Cnr Reed St & Ashmore Rd, Ashmore (Near the Ross Street roundabout next to the Royal Pines Golf Course)
11 Nov 2009
Hayley Westenra Songs
http://www.inkui.com/a1/E/EB1731B7E83E3654EEDD_s.html
《Walking in the Air》(2000)
《Hayley Westenra》(2001)*
《My Gift to You》(2001)
《Pure》(2003)
《Odyssey 》( 2005)
《Treasure》
《Live From New Zealand》(2005)
《Celtic Woman: A New Journey》(2007)
《Russel Watson Live 》(2003)*
《Mulan II Soundtrack》()(2005)*
《The Merchant of Venice Soundtrack》()(2005)*
《Lilo & Stitch 2》("2005)*
《The New World Soundtrack 》(2006)
10 Nov 2009
Hotel Deal in Boardbeach
incl. Kitchen/Laundry/DVD
Address: 2669 Gold Coast Hwy, Boardbeach (Pacific Fair)
http://www.wotif.com/hotel/View?hotel=W56770&page=5&viewType=all&startDay=2009-12-12
2. Sandpiper Apartment (Ground Floor) $700 for 7 nights
Address: 155 Old Burleigh Rd, Boardbeach. Phone: 07 5592 0144
http://www.sandpiperapartments.com.au/index.html
3. Island Beach $644 for 7 night ****not valid****
9-13 Margaret Ave, Boardbeach 07 5592 4112
http://www.islandbeach.com.au/
4. Mantra Bel Air - 4 Star $113/night (internal Swimming Pool) ****5nights only***
2633 Goldcoast Hwy, boardbeach (Pacific Fair)
http://www.wotif.com/hotel/View?hotel=W889&page=5&viewType=all&startDay=2009-12-12
5. BREAKFREE ARUBA BEACH $690 / 7night
Address: Crn Queensland Ave and Surf Parade, Broadbeach, Queensland
Kitchen/Laudry/Spa/Pacific Fair
6. MERMAID WATERS (Club Room) $889/7night -- (not sure address...far from beach)
Address: Markeri Street, Mermaid Waters , Queensland
7. BREAKFREE ST TROPEZ SURFERS PARADISE $772/7night
Address: 27 Orchid Avenue, Surfers Paradise, Queensland (large swim/spa/kitchen/laundry)
8. COMFORT INN & SUITES MARI COURT $866/ 7night
Address: 23 Wharf Road, Surfers Paradise, Queensland
Between Surfers Paradise and Broadbeach
BBQ area / Laundry facilities / Games Room /Outdoor Swimming Pool(large) / Fax and Internet Facilities / Billiard Table /Table Tennis /Golf
8. ROYAL WOODS RESORT (internal Swim/Gym) $836/7night ***check address***
Address: 16 Mulyan Place, Ashmore, Queensland Set on Surfers Paradise, some 4 km from the busy city centre of the Gold Coast, Queensland.
DVD/Spa bath
9.BREAKFREE ENDERLEY GARDENS RESORT SURFERS PARADISE $750 / 7night **don't like facilities***last min try
Address: 38 Enderley Avenue, Surfers Paradise, Queensland
10. BREAKFREE COSMOPOLITAN RESORT SURFERS PARADISE $762 / 7nights
Nice building / Sauna/ 2swim / roof pool...but located in heart of S/P...last try
Address: 3142 Surfers Paradise Blvd, Surfers Paradise, Queensland
12. Crowne Plaza Surfers Paradise $898/7nights
http://www.expedia.com.au/pub/agent.dll
2807 Gold Coast Hwy, (formerly Parkroyal) Surfers Paradise, Gold Coast, Queensland, Australia, 07-5592-990011. BREAKFREE SURFERS PLAZA RESORT $810/7nights
Address: 70 Remembrance Drv, Surfers Paradise, Queensland
Nice building....Bistro /Sauna / In-house security / Poker Machines / BBQ area / Heated outdoor Pool / Spa
20 Oct 2009
Travel - LiJiang / YunNan / CN ^.^

Mu Palace (木府; Mùfǔ). The palace where the Mu Clan of the Naxi people ruled for over 400 years. It is a large complex that extends part way up the hill behind it. At the top is a Daoist temple, with a few Daoists ready to give fortunes to visitors for a donation. A taste of Mulaoye Wine (木老爷酒; Mùlǎoyejiǔ), a kind of local alcohol, is available for ¥5 (in a shot glass), and there is also a free tea tasting area. Allow at least 2 hours to walk explore this expansive complex and do wander off into the side courtyards as it will take you back to the main courtyards. If you are visiting Wangulou, exit the Lion Hill Park from the south exit which leads you right into the back entrance of Mu Palace. Entry fee is ¥45 (May 200909), and the non-posted student price is ¥20.
Jade Dragon Snow Mountain (玉龙雪山; Yùlóngxuě Shān), (15km from Lijiang. Mules can be rented from the nearby Baisha Village or you can take a cable car to the top. Prices vary for the mules depending on what elevation you want to go to. ¥180 to ride to 3800 meters plus ¥5 for insurance. ¥300 to 4200 meters. ¥350 to 4600 meters. If you pay for the lowest elevation you might be able to bargain with the handlers when you reach the end and continue to the higher elevations for a lower price. Passengers over 100 kg might have to pay a surcharge. Tickets for the cable car cost ¥170 round-trip). A mountain massif (also identified as a small mountain range) visible from Lijiang and capped all year round. Its highest peak is Shanzidou (扇子陡; Shānzidǒu) at 5,596m. The view of the massif from the gardens at the Black Dragon Pool in Lijiang is noted as one of China's finest views. The far side of the mountain forms one side of Tiger Leaping Gorge (虎跳峡; Hǔtiàoxiá). Entrance to Jade Dragon Snow Mountain ¥190, which only seems to be collected when entering from the Lijiang end.
Black Dragon Pool (黑龙潭; Hēilóngtán), (About 1 km from Square Street). 8AM-5PM. Free, but you have to show your receipt of the Old Town Preservation, which is costs ¥80.
丽江经验教训:
1、昆明到丽江的车太久了, 坐飞机,从昆明到丽江,每天有很多班。
2、去新城去吃 - 七星街的罗非鱼,火腿鸡,长水路上的带皮黑山羊、象山市场的腊排骨等等都很好吃。
3、在丽江可以在客栈里找到很多同行的朋友的,可以相约一起包车去玩,比较省钱。
4、上玉龙雪山大索道, 在海拔高的地方,一定不能剧烈运动,不然很容易高原反应。
丽江的收获:
1、当地的工艺品 - 披肩什么的,都非常便宜;买松茸等云南特产的菌类,做汤喝,味道还真是好。
2、在丽江住了两家客栈不错,一家叫“德丰大宝”客栈,是几个喜欢旅游的年轻人开的。客栈的院子实在是漂亮,典型的纳西族建筑风格,房间也非常漂亮,卫生间用的是透明的玻璃设计,很适合蜜月,他们有个自己的网站,http://www.timeinns.com/,大家可以去看看。还有一家叫“云阁居”客栈,客栈有一条非常可爱的小狗皮皮,眼睛很大,一副很聪明的样子。云阁居在狮子山上,看风景比较好,从观景房往外看,整个古城都在眼前铺开。
3、在酒吧学会了当地“拉歌”的后缀:“亚索,亚索,亚亚索……”觉得挺有意思的。据说他们当地纳西族的人,生下来会走路就会跳舞,会说话就会唱歌,挺神奇的。在酒吧街看到了几个当地人,长得很想蒲巴甲,挺帅的。听说酒吧街艳遇特别多,不知道是真是假。
4、去拉市海那边骑马走山路,感受茶马古道。确实不一样!拉市海其实就是一个大湖,湖水非常清澈,荡舟湖上,远眺群山,十分惬意。玩拉市海,比玩雪山轻松。而且在拉市海也能看见雪山。
15 Sept 2009
30岁前的女孩应明白的21件事
1、不要以为三十岁离你还很遥远。当我二十岁时,曾经把三十岁看成一个遥远的未来,但现在回首一望,十年如一瞬间,虽整日碌碌而不知所为,时间却飞逝而去。我想当一个人的生命终结之时,回忆自己的一生时也会有同样的感觉。二十岁到三十岁,是一个人为自己的事业打基础的黄金年华,应当时刻警醒自己:三十岁而立,到三十岁时能否“立”起来?
2、23岁之前,请记得,爱情通常是假的,或者不是你所想象的那样纯洁和永远。如果你过了23岁,那么你应该懂得这个道理,又也许你要用一辈子来明白这个道理,但这样太悲哀了,希望您能尽快明白吧。
3、吃饭7成饱最舒服。对待男友最多你只能保持在3成。
4、30岁之前请爱惜自己的身体,前30年你找病,后30年病找你。如果你过了30岁,你自然也会懂得这个道理。(当然无论您是哪个年龄段的,都请爱惜身体,身体健康最重要哦)
5、事业远比爱情重要。(男女同理)如果说事业都不能永恒,那么爱情只能算是昙花一现。拥有事业的女人还怕没男人追求吗,要相信即使没事业无聊的男人也会不请自来的。
6、不要轻易接受追求你的男孩。男追女隔座山。如果你很容易就陷进去,你会发现你会错过很多东西,失去很多东西甚至最宝贵的东西,比如:青春啊……就让那些男人觉得你高不可攀吧。
7、请你相信,能用钱解决的问题,都不是问题。有钱有男人,没钱也有男人,那么男人更不是问题,那么别急着找男人。
8、请永远积极向上。每个女人都有她可爱的地方,但是最不可爱的地方只有不积极面对生活,希望您最好不是因为男人而如此,这样最不值得。
9、不要连续2次让同一个男人伤害。好马不吃回头草,是真理。如果认真考虑过该分手,那么请不要做任何舍不得的行动。
10、如果你和你前男友能做朋友,那么你要问自己:为什么?如果分手后还是朋友,那么只有2个可能:你们当初都只是玩玩而已,没付出彼此最真的感情。或者:必定有个人是在默默付出无怨无悔!
11、永远不要相信男人在恋爱时的甜言蜜语。都说女人爱听甜言蜜语,其实没本事的男人才会说甜言蜜语,反之是你对他说了。因此只当是耳旁风吧。
12、请不要为自己的身材或者相貌、身高过分担心和自卑。人是动物,但是区别于动物。先天条件并不是阻挡你好好生活的借口。人的心灵远胜于相貌,请相信这点。如果有人以相貌取人,那么你也没必要太在意。因为他从某种意义来讲,只是只动物。你会跟动物怄气吗?
13、失恋时,只有2种可能,要么你爱他他不爱你,或者相反。那么,当你爱的人不再爱你,或者从来没爱过你时。你没有遗憾,因为你失去的只是一个不爱你的人。
14、请不要欺骗善良的男孩。因为这个世界上,善良的男孩几乎绝种。
15、不能偏激地认为金钱万能,至少,金钱买不回你的青春和付出的感情。
16、请一定要有自信。你就是世界上一道最美丽的风景,没必要在别人风景里面仰视。
17、受到再大的打击,只要生命还在,请相信每天的太阳都是新的。
18、爱情永远不可能是天平。你想在爱情里幸福就必定是要伤心的。
19、如果你喜欢一个认为别人应该对他好的gg,请尽早放弃。没有人是应该对一个人好的。如果他不明白这个道理,也就是他根本不懂得珍惜。
20、不要因为寂寞而找bf,寂寞女孩请要学会品味寂寞。请记住:即使寂寞,远方黑暗的夜空下,一定有人和你一样,寂寞的人不同,仰望的星空却是唯一。
21、任何事没有永远。也别问怎样才能永远。生活有很多无奈。请尽量充实自己,充实生活。请善待生活、善待自己和家人。
8 Sept 2009
Understanding annual reports
By Stuart Wilson, Australian Shareholders' Association
It is a sad fact that most retail shareholders do not bother to read the annual reports of companies they own. If you challenge yourself to track down the electronic version of the annual report or request a hard copy from the company, you will be ahead of the majority of your peers in the marketplace.
It is the single most illuminating document you are entitled to each year and goes a long way to helping you understand the business in which you are a part owner.
Get in the habit of reading annual reports, not only of the companies you invest in but also competitors and other potential investments. The annual report is a goldmine of information and the nuggets you uncover could make, or save, you a small fortune over time.
Start with the audit certificate
When you open the report, first make sure the figures in it provide a true and fair view - you want to see that the auditor has no issues.
Many companies have an additional paragraph or two attached to their audit certificates. The 'emphasis of matter' is a way the auditor can draw your attention to an issue facing the company without qualifying the accounts. The main issue will relate to 'going concern', which usually means the auditor sees some uncertainty surrounding the company's ability to roll over bank debt.
Keeping the audit statement in mind, next delve into the actual accounts - income statement, balance sheet, statement of cash flows, and notes to the accounts.
Educate yourself on company analysis
If you are not in the business of accounting or investment, it is essential that you invest some time in educating yourself. Interpreting the results, performing ratio analysis and forecasting are all essential activities that make up the analysis of any company. The ASX website and the ASA education program are great places to start for the basics.
Look closely at debt
It would be neglectful not to take a close look at companies' debt positions at June 30. Excessive, or even only moderately high levels of debt, will require companies to explain their positions on interest cover and their relationship with their bankers.
Debt covenants are also in the spotlight this year. These are essentially trigger points at which a bank can call in loans. Covenants can be based on profitability, market capitalisation or asset values, or some other measure or event. Check the notes to the accounts to see if the company was in breach of any covenants. It is a huge warning signal.
Debt concerns have also left companies wanting to boost their balance sheets. Investors in the past 18 months or so have become jittery over companies with relatively high gearing ratios; and asset values have fallen, compounding the problem.
Valuations accountability
When asset values are rising, company management is content. When they are falling, usually the company blames the way the accounting standards require value to be measured, rather than admitting a substantive loss in value. If you read this type of obfuscation, question management's ability to hold themselves accountable and take responsibility.
Property valuations also have been slashed during this year's confession season. However, some have been less cut-throat than others. In particular, expect to see extra explanation and commentary on valuations that have been performed by directors, even down to the assumptions that have been used.
If these are not present, it is a signal that shareholders and analysts might not have the same rosy view as the directors.
Companies that have been on the expansion trail may incur write-downs in the value of intangible assets as they face up to the fact that they overpaid for businesses purchased during the past couple of years.
Governance and remuneration
Do not skip the corporate governance statement. It may look similar year after year but it should not be. Expect to see improvements in the way companies describe share trading policies, the approach to risk management and a tightening of remuneration practices this year.
Companies operate on an 'if not, why' regime for this report. If a company does not comply with best practice it must provide an explanation as to why. Carefully, even cynically, assess their reasoning and factor it into the overall risks associated with the company.
The way the senior executive team is remunerated can often have a huge effect on their decision-making. The remuneration report is mandatory reading because it indicates the amount of backbone the board of directors have (as reflected in pay restraint or otherwise). If pay is predominantly short-term in nature, or has performance hurdles that are easy to clear, this can ring alarm bells for long-term investors.
Looking back, going forward
The annual report is a review of the prior year, but for some time it has also been used to provide guidance on what the company expects to see over the next 12 months and beyond. Best-practice annual reports show the key performance indicators (KPIs) for the prior year, how the company performed relative to each KPI, and the KPIs for the next period.
Motherhood statements espousing quiet confidence in a period of uncertainty belie a lack of conviction on the part of management.
A key word from the chairman
The chairman's address is usually worth reading to find the word or phrase that has been used to describe the prior year's profit performance. Keep in mind that the spin doctors have often had their turn at wordsmithing in order to euphemise bad results.
Rest assured that if the chairman describes the result as terrific, excellent or stellar, it is likely that profits reached or exceeded optimistic forecasts.
Last reporting season saw the primary use of three adjectives - strong, solid and sound. Indeed, most of the 20 largest listed companies adopted one of the three words. They describe profits that were hard earned, by no means stellar, and possibly disappointing.
Watch out for words that sugar-coat terrible results, such as satisfactory or (worse still) mixed. It is an indication of how upfront the company's stewards are with their owners and how willing they are to take responsibility for the results.
So-called 'underlying profit'
Nothing beats the audited accounts as a starting point. You may want to make adjustments to earnings in order to better reflect the underlying performance of the business, but it is better that you do it rather than rely on the so-called 'underlying earnings/profits' provided by the company.
Underlying earnings or profits will be popular this year as some companies fail to resist the urge to dress up their results. Before relying on them, make sure they are treated consistently in prior years, they are fully reconciled to the actual result, and are not simply EBATB (Earnings Before All Things Bad).
I like pictures and graphs - my eyes are drawn to them. But I don't let this very human trait get in the way of my critical assessment of long-term company performance. When reviewing graphs, ask yourself why the particular metrics were selected and how appropriate they are. Have they been carefully selected to put the company in a positive light? Are there any graphs conspicuous in their absence (such as audited earnings per share)?
3 Aug 2009
28 June 2009
My Dream Home is here with me
Attractive dinning set, couldn't say NO to it, only thing worried me might be the oversided glass top, but who cares, I am still very into those romantic fairy tales, so complicated marble/stone liking design just helped me decided all - take home without further consideration, accept whatever comes.Till now, never get regret about buying it, all compliments so far.
The mirror is not in the best position it should be, suppose to be right on dinning set, but this way just gives convenience to bro & me before stepping out the door, so be there, not too bad ah.
My little display coner, all girly stuff, perfum collection, aroma sets, essential oil, and of course several bottle of wine, even I am not a drinker, but couldn't resist to show off.
White Sofa, this is the only thing I hope didn't invest money in, too difficult to maintain & take care of & not as comfortable as those massage sofachairs. Shouldn't be so childish just simply fall in love with the looking, after all, this is the one will hold me for yrs. Just like BF, choose the right one but no need to be handsome - lol, im genius, can be thinking of relationship from an unwanted sofa.9 June 2009
QUOTE: China back on track
A rebound in Chinese economic growth is good for Australian shares.
By Shane Oliver, AMP
Several indicators are pointing to a recovery underway in China after its economy slowed sharply late last year - highlighted by a slump in gross domestic product (GDP) growth from a peak of nearly 13 per cent in 2007 to just 6.1 per cent in the March 2009 quarter.
There has been much talk of 'green shoots' of recovery globally but these signs have been much stronger and more broad-based in China. Talk of a hard landing (defined as 6 per cent or less annual growth in China) is now giving way to confidence that GDP growth this year will be around 8 per cent.
Talk of a recovery in China has been met with disbelief by many; the most common concern is that Chinese growth is dependent on the US consumer market and if that remains weak then so will China.
Implications for Australia
China is now Australia's second-largest export market so any recovery in Chinese economic growth is good news for us. Chinese domestic demand, particularly the surge in infrastructure spending now being seen, and stronger consumption growth over time, is highly commodity-intensive.
Coming off the back of cutbacks in the supply of commodities, China's economic recovery is likely to be positive for commodity prices, which already look as if they are starting to recover. A recovery in China should also start to help boost growth in other trading partners across Asia.
After the fall in bulk iron ore and coal prices flows through to Australia's terms of trade, we should start to see an improvement in export earnings from later this year.
Strengthening commodity prices are also good news for the Australian dollar, which has probably seen its lows for this cycle.
Chinese policies are bearing fruit
During the December quarter last year the focus of Chinese policymakers swung aggressively towards boosting their economy in the face of the sharp downturn then underway.
A massive fiscal stimulus package focused on infrastructure spending was announced, monetary conditions were eased aggressively, various industry support plans were released, the gradual appreciation of the renminbi came to an end, and policies to promote consumption were stepped up.
The evidence clearly suggests this is bearing fruit:
- Money supply and loan growth has surged.
- Fixed asset investment has picked up to a 30 per cent year-on-year pace from a low around 22 per cent in December.
- Industrial production is growing again.
- Real retail sales growth has remained strong.
- Surveys of business conditions in manufacturing and services sectors have improved for five months in a row.
- Property sales are rising.
- The downswing in Chinese exports appears to be diminishing, reflecting the stabilisation in global conditions.
The broad-based nature of the pick-up in China suggests it is more than just a bounce associated with the end of the inventory de-stocking cycle. The improvement in manufacturing conditions points to an acceleration in GDP growth this year.
These considerations suggest a recovery is in progress and growth is back on track to be around 8 per cent this year.
But is it real?
There will no doubt be setbacks along the way but there are good reasons to believe the rebound now being seen in China is sustainable. First of all, consumer spending in China has a huge potential for strong growth. Unlike in countries such as the US and Australia, where consumption accounts for around 60-70 per cent of GDP, in China it has fallen to less than 50 per cent. So there is significant potential to push it back up.
Several considerations are worth noting:
Despite common perceptions, Chinese consumption has actually been growing very strongly. It is just that business investment and net exports have been growing faster. This reflected a combination of factors, including economic policies designed to boost investment and exports, which were partly motivated by a desire to ensure China did not become vulnerable to a withdrawal of foreign capital as occurred in the Asian crisis. There are also strong levels of household savings as the social safety net was wound back last decade.
The Chinese Government has shifted to promoting more balanced growth with much greater emphasis on consumer spending. With the global crisis highlighting the downside of being too reliant on exports, this adjustment has been stepped up and includes an emphasis on boosting consumption. Policies designed to reduce household savings include measures to boost social security, moves to raise health insurance coverage from 50 per cent to 90 per cent of the population, labour reforms to boost wages, tax concessions and subsidies to purchase cars and real estate, and specific assistance for rural workers.
Chinese per capita consumption of consumer items is a fraction of that in advanced economies, suggesting there is significant pent-up demand. For example, in China there is one car for every 60 people compared with almost one for every two in the US and Australia. Living space per person in China is about 10 per cent of what it is in the US and Australia. Between 15 and 20 million people are moving to the cities every year, attracted by higher incomes, which generates strong demand growth for housing and consumer goods.
Household saving is very high and household debt is miniscule. Household debt is just 14 per cent of GDP in China, compared with 60 per cent in Europe, 100 per cent in the US, 104 per cent in Australia and 110 per cent in the UK. So China's households will not be constrained by the more restricted credit environment and de-leveraging that will hold back many developed countries in the next few years.
None of this is to say Chinese consumers will save the world, and without a quick return to strong export growth it is hard to see Chinese growth quickly returning to 11 per cent or more. However, it does indicate there is significant scope for strong growth in consumer spending to underwrite sustained Chinese growth of 9 to 10 per cent per year.
In short, while many developed countries are constrained by structural problems in the form of high debt levels, China's downturn has been mainly cyclical and structural forces remain tailwinds for growth.
About the author
Dr Shane Oliver is Head of Investment Strategy and Chief Economist at AMP Capital Investors.
Learn to be tough...
'Silly Strata + Long Wkd Party Time + Angle&Demons ING = Exhaused But Still Happy '
To be a traditional chinese, since I was a little girl, have been told to be gentle/in the middle of the road and cabability with standing for the difficulties is always the 1st qualification of a great person. But sometimes, in this western society, this theroy just doesn't work, things have to be spoken out & have to draw concern parties attention so you won't stay in a loose position forever. Here much appreciate 2 of my female managers to teach me on these, allow me have the power to argue with starta over hrs.
Remember this day, consider it as a milestone, 1st time with complaining so hardly & insist with my points, Well done & so proud of myself now!





















