The LDP concession agreement signed by our elected Barisan Nasional (BN) government virtually guaranteed excessive profits for the cronies at the public's expense – a highway robbery at broad daylight! “SHARE” this out!
The total capital cost of construction of the LDP highway is estimated at RM1.3 billion while the projected profit after tax over the 30 year concession period will be RM18.9 billion. Yes, you've read it right. Over a short period of 30 years, Litrak, the LDP concessionaire is practically guaranteed of RM18.7 billion profits relative to an initial cost of RM1.3 billion.
Ubah Sekarang, Bersihkan Malaysia!
----
Even if the Government had funded the construction of LDP by issuing generous high yielding treasury bonds at 5% rate, the overall cost of construction would only have amounted to no more than RM5.75 billion.
More than RM10 billions of our hard-earned tax payers' monies are literally siphoned off for the benefit of the few politically connected. As usual, there was also no open or competitive tenders made for the concession rights.
If Pakatan Rakyat comes to power, we will restructure the toll concessions in stages to ultimately abolish tolls. With that, ordinary Malaysians will not have to suffer to pay the unfair toll charges to fill the pockets of the few cronies.
The Highways, Tunnels Development in Malaysia Chronicles: Any 'Government of The Day' will apply the same method and practices. 1. Cronies @LDP, @PLUS, @ELITE etc? 2. Cronies at FORECASTED project @Penang Tunnel, @Penang Highways, @Penang Subways @Kelantan Highways etc? 3. Cronies for Land Development and Land Reclaim to compensate Highways/Tunnels for Penang project?
This were called "COLLABORATIONS". Please, we are PROFESSIONALS in here.
Kerajaan Barisan Nasional telah memperuntukkan sebanyak RM386 juta untuk Mydin bagi menubuhkan 57 Kedai Rakyat 1Malaysia (KR1M), atau sebanyak RM6.77 juta bagi setiap unit kedai. Ini adalah satu lagi contoh amalan BN biasa mengkayakan kroni menggunakan duit Rakyat.
Kementerian Pertahanan telah membuat kontrak pembelian 257 buah kenderaan berperisai-beroda 8x8 (AWV) daripada Defence Technologies Sdn Bhd (Deftech) yang berjumlah RM8 bilion. Deftech telah mengaku bahawa mereka hanya di peringkat membangunkan prototaip, iaitu dalam keadaan belum siap lagi. Ya, RM 8 billion untuk prototaip! Deftech adalah anak syarikat DRM Hicom, kroni Barisan Nasional.
Negara kita membeli kenderaan bukan tempur pada RM31.1 juta setiap satu, harga yang lebih tinggi bukan sahaja daripada kenderaan bukan tempur yang dibeli oleh negara-negara lain, malahan lebih tinggi daripada harga tangki pertempuran yang terbaik di dalam kelasnya!
ranger, you couldnt even answer simple questions. all you do is speak nonsense. Please come up with answers if you intend to debate. Since you are a good supporter of BN, then help them to explain the policies to us. You should know what you are supporting instead of insulting another person. This is the right way to do it. I have read so much and you do not come up with much points for us to support BN.
Namoyaki Takarajima, you sometimes talk cock...remember you said people are wasting time posting political news here...you say "are you happy"...so we are indeed happy posting....so what are you Namoyaki Takarajima going to do about it, may I ask??
You geram when members here post and now you follow posting like a dog lah, tak malu????? haa haa haa
Sorry to say that you Namoyaki Takarajima is such as your postings denotes so lah....so don't try to be too clever and ask people here whether they are happy posting or not. Now what about you?? ...follow us like a dog wagging it's tail??? haa haa haa
Bingo, I just ask you 'a' question: 'Who will be The Prime Minister "if" PAKATAN RAKYAT win PRU13?' That's all. Is that so difficult for you to answer? If you are a Professional in here, then why SPIN on the facts? (Do you really understand what my question is? YES? NO?)
Namoyaki Takarajima , are you blind all this while or are you playing stupid when you ask me that question. How many times had that answer been repeated in the local media and social media too and you acting stupid and expect me to be as stupid as you????
Namoyaki suzuki, who be the PM is not important as long he is God fearing and not corrupted and cheat all your hard earn money.
If you place a frog in boiling water, it will jump right back out. But if you put the frog in cold water and heat it gradually, it will sit there and slowly roast alive.
SO DON'T BE THAT FROG. and listen listen listen to lies or you will die standing!
Bingo the ringo ler will become PM if Fuckatan win bro namoyaki... Dont disturb Pakatan Dogiekan Rakyat dog bark in i3... Let him bark syiok2 bro... Hahahaha... what a wacko n psycho who bomb BN pondok... tuihhhhhh...
Anwar needs your help. Please share this image with your friends and family. We encourage you to keep sending your images our way - DTF (digital task force) — in Malaysia.
A moron brainless child will say 'stupid' to anything that he dislike, and that's where the word 'childish' exist. The word 'childish' is actually referring to 'a moron brainless' child; and Yes, that's you Bingo! (Due to the fact of do not know how to answer 'a simple' question). 'Checkmate Lah'! That is a psychology question to you lah! You are not SMART, You 'Tak Boleh Pi Putrajaya Lah!) Bye, bye, You are NOT my level. Good bye. :)
necro, another idiot waiting for FREE handouts, seems cannot survive with handouts, haa haa haa...you too go to your Masters Voice, woff woff woff, nice doggie, sit down.
'The Bingo Chronicles' in klsei.3investor.com. A moron brainless child will say 'stupid' to anything that he dislike, and that's where the word 'childish' exist. The word 'childish' is actually referring to 'a moron brainless' child; and Yes, that's you Bingo! CHECKMATE!
Namoyaki Takarajima, so the MCA lapdog is barking, you nice doggie, woff, woff, now be good & sit down and have a nice bone for you lah, woff woff.
Tse, tse, when people write here you Namoyaki Takarajima tak boleh tahan and criticize others and now why can you MCA lapdog Namoyaki Takarajima...this you are good, ...go fetch the bone, woff woff.
Necro, who is this 'Bingo' the 'Bingai', is he is The Chartist? The Investor? The Speculator or The Dog Shit Eater? The thread he posted is really a NOISE in Share Markets.
Necro, who is this 'Bingo' the 'Bingai', is he is The Chartist? The Investor? The Speculator or The Dog Shit Eater? The thread he posted is really a NOISE in Share Markets.
Namoyaki Takarajima, so the MCA lapdog is barking, you nice doggie, woff, woff, now be good & sit down and have a nice bone for you lah, woff woff.
Go get that bone lag, you need it Namoyaki Takarajima.
Shout at members here and say that they cannot post politics here and what about you MCA lapdog Namoyaki Takarajima, are you not ashame of yourself...talk 1 thing, do another thing, such useless lapdog...go fetch the bone is better for you lah.
Ranger, since most things you wrote are useless here, why not make yourself useful by updating us where got BN makan malam. I want to go makan lah. After all its our money.
This book is the result of the author's many years of experience and observation throughout his 26 years in the stockbroking industry. It was written for general public to learn to invest based on facts and not on fantasies or hearsay....
bingo
2,677 posts
Posted by bingo > 2013-04-25 17:09 | Report Abuse
The LDP concession agreement signed by our elected Barisan Nasional (BN) government virtually guaranteed excessive profits for the cronies at the public's expense – a highway robbery at broad daylight! “SHARE” this out!
The total capital cost of construction of the LDP highway is estimated at RM1.3 billion while the projected profit after tax over the 30 year concession period will be RM18.9 billion. Yes, you've read it right. Over a short period of 30 years, Litrak, the LDP concessionaire is practically guaranteed of RM18.7 billion profits relative to an initial cost of RM1.3 billion.
Ubah Sekarang, Bersihkan Malaysia!
----
Even if the Government had funded the construction of LDP by issuing generous high yielding treasury bonds at 5% rate, the overall cost of construction would only have amounted to no more than RM5.75 billion.
More than RM10 billions of our hard-earned tax payers' monies are literally siphoned off for the benefit of the few politically connected. As usual, there was also no open or competitive tenders made for the concession rights.
If Pakatan Rakyat comes to power, we will restructure the toll concessions in stages to ultimately abolish tolls. With that, ordinary Malaysians will not have to suffer to pay the unfair toll charges to fill the pockets of the few cronies.
Ubah Sekarang, Bersihkan Malaysia!