Recommended Inspirational Movie

Here's some list my inspirational movie
(disclaimer: take the motivational notes behind the movie)

1. Pursuit of Happyness
After watch this movie, I even dream to take the stock market professional exam :)

Staring Will Smith, this film is about young father that struggle to survive in San Fransisco as an Stock Broker.




2. Koi Ni Ochitara

JDorama about programmer that start a Internet Company like Yahoo Portal.

3. Dragon Zakura

JDorama about some average high school student trying to enter Tokyo University (Todai) Exam.

BUMI and Indonesia Stock Market

PT BUMI Resources Tbk, or just for short we called it just BUMI. Lets turn the time to early 2003, back then BUMI stock traded in Rp. 90,- per share. Although BUMI is one of the Coal company that also gain some profit from the coal price rise, but as a small player in this sector, rather than KPC (Kaltim Prima Coal), the largest coal company in Asia.

Then, the shocking news came to the market. BUMI said that they'll buy KPC in the 2003, the realization of the plan finished in 2007. As the largest coal company in the Asia and the Global Warming issue in 2006-2007, then the BUMI stock price in 2007 reached Rp. 8000,-.

This early 2008, I bought some BUMI, at the price Rp. 5000,- with Target Price Rp. 6500,-. Why I came up with the 6500 rather than the highest price at 8000, because the Financial Report of Q4 2007 BUMI is not that good and thats why I came up with the number.

I get my 6500 in the end of April, but I didn't read the news paper when I decided to sell the BUMI. Currently BUMI doing some buyback to increase the share price, if I read the newspaper early in the morning I could sell it in 8000 :(.

But then, I still happy because I managed my Target Price and strategy succesfully :D.

Online Business Journey (1)

Here's my make money online journey :) (till April 2008)

November 2007:
Start to learn make money online from free seminar by Fabian lim

December 2007:
Start a blog about House and Apartment
Buy domain to sell books online

January 2008:
Marketing and making sales in Books online

February 2008:
Quit the Books online
Start a PPC on Adwords

March 2008:
100 USD on Amazon Affiliate :D

April 2008:
Start the paid review
20 USD on paid review

continue to next series.......

NTS Job Fair

Last week, I attended the NTS walk-in interview. NTS, a local company owned by Maxis (Malaysia telco operator since 1995) and STC (Saudi Telco Company, “Telkom”-nya saudi). Formerly named Lippo Telecom and owned by the James Riyadi groups, operates in Surabaya and use the GSM technology along with Primasel that also operates in Surabaya, but using CDMA Technology.

Previously, NTS suffered many financial problem with dual ownership by Maxis and Lippo, but since the STC take over, suddenly NTS become the gold mine for some telco people, including vendor and professional. One of the biggest concerns, this is the first time STC entered the global market. STC is not known as operator that had many success stories in their expansion program such as Etisalat from Emirates or Batelco from Bahrain.

Indonesia as a big market now seeing as a big pool with many fish for some world operator, simply as Vodafone through Telecom Malaysia (TM), Altimo that eager to enter Indonesia along with President Putin arrival couple of months before, and the also the previous player, the famous Temasek and SingTel.

So, in couple of years, to be precise, 3 – 5 years from now, we will see Indonesia as the biggest market for Telecommunication Company, just like how we see Indonesia now on the Oil and Gas sector. We will see more world class services and world class handset. But, hopefully we will not make the same mistakes in the oil and gas sector, the mistakes for not letting the local professional and vendor to enter this big market and paying a lot of money to the foreign company and foreign professional and also the foreign vendor.

The final word will be, Lets fight in this 3 years to make Indonesia as the modern country through Telecommunication, like India known on its IT sector and China for its Manufacture sector.

Our Subscriber Growth

Today, let's talk about our telecommunication subscriber in our beloved country. Indonesia as fourth largest country in the whole world, with total more that 200 million people, and of course a very potensial market for anything, especially for telecommunication products.

As a summary let starts counting, 40 million for Telkomsel, 3.7 million for Flexi and 10.2 for XL. And all of them just only covering the 30% of all Indonesia market. That's way Hutch persistently try to get the open market, also maxis, sampoerna and smart telecom, if we want to mention all the available operator out there.

But, the best part is, when we talk about the number of subscriber, actually the number is not that perfectly truth, for example, the number that every operator gave, often included the already expired customer, or customer that already not using those product (or we called it grace) for almost 3 month. The range of 3 month or even 6 month is absolutely defined by the operator without any regulation to limit the expired period.

The other factor, the dummy subscriber (the subscriber that are not register properly), XL faces this problem, that affected their subscriber growth, from almost to 1 million growth in 1st semester 2007 to only 200.000 after the cleansing action to those dummy subscriber.

So, as a customer of two operator, I'll just hope that the price will reduce and the quality will improve.