Just caught a short 5 minute part of an episode on discovery channel. Its about the DMZ in the Korean peninsula. Its about the eco-habitat that has sprung up in that region with its eagles,deers and other species that are considered rare on this planet. The show ended with a very interesting liner: " The price of war and destruction was paid for the growth of this accidentally founded natural habitat.
Pessimism
Well, it just starts the cog wheels in my mind to start turning. There must always be a price to pay no matter how the situation seems to be. In this context, without the Korean war, the DMZ will never be form and that modernization might have crept into the region and the animals will never be able to enjoy the habitat there. It is like economics, there will always be opportunity costs in this world, because scarcity will forever exists. Nothing is ever finite. Even happiness. Some may differ. One argument might be What about monks who have obtained enlightenment?? Or ie infinite happiness? Well, for such a group of special people, their definition of scarcity has no boundaries because they don't set any boundaries at all. I don't make sense right? haha...so its just for you to have some food for thought here. To the rest of us, we place boundaries in our definition of scarcity, we place certain markers whether unconsciously or deliberately. Maybe for many of us, some always feel that happiness is forever eluding us, some may feel that they are blessed enough already because they have achieved it already. To those that feels that they are blessed, what happen if one day the source(s) of your happiness is taken away from you, will you still be happy? will u not grieved? From this sentence, aren't I right that to you, happiness is still measured in some ways or other, hence its still finite. Ok. I sound a tad pessimistic here but well... its my thoughts lor...lol...So maybe the saying of " I dont have any expectations, thats why I am happy" is true to some extent.
IPO
Anyway recently, there was this IPO that my mum got me to recce about eventually open at 70 cents per share and the rumour mongers( which I call the papers) are saying that it will go up furthur...I can foresee that its still going up next week. Actually, its my first time recce on the stock itself and was going thru its prospectus of around 200 pages long. Initial look was that it's really good with the business in experienced hands and is considered to be an integral part of the plant maintenance industry here is Singapore along with Rotary though its much smaller in size. However, to me long term looks a bit blurry...I had sort of a hunch that it will a good way to earn quick money and see-ing from the recent news, yeah it rose by 75% for a share. From what it seems, this company needs the extra funding which is to be listed, is to get funds to fund their purchase of more equipment to continue their expansion. They haven't even managed enough contacts in the middle east to get projects there and thats where they are heading towards. But they also do have valuable customers like Shell Eastern and Exxonmobil in Singapore to ensure their credibility and cashflow but I didn't go and find out how long and how big are their projects with their customers. I think I need to go read up more on Ben graham's security investor. haha
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