Comments on: Why the generous subsidies for IPPs? http://anilnetto.com/governance/accountability/if-subsidies-distort-the-market-why-the-generous-subsidies-for-ipps/ Let justice flow like a mighty river Fri, 25 May 2012 00:50:59 +0000 hourly 1 http://wordpress.org/?v=3.3.2 By: … here is a list of selected News, Articles, Pictures & Videos « in place of malaysian main-stream media http://anilnetto.com/governance/accountability/if-subsidies-distort-the-market-why-the-generous-subsidies-for-ipps/comment-page-1/#comment-7685 … here is a list of selected News, Articles, Pictures & Videos « in place of malaysian main-stream media Thu, 28 Aug 2008 03:47:12 +0000 http://anilnetto.com/?p=297#comment-7685 [...] for BMW owners too? SarawakHeadHunter - Petronas’ RM600 billion profit: Where has it all gone? AnilNetto - Why the generous subsidies for IPPs? MalaysiaToday.Net - NAJIB POURS MORE TAX-PAYERS MONEY DOWN THE [...] [...] for BMW owners too? SarawakHeadHunter – Petronas’ RM600 billion profit: Where has it all gone? AnilNetto – Why the generous subsidies for IPPs? MalaysiaToday.Net – NAJIB POURS MORE TAX-PAYERS MONEY DOWN THE [...]

Complain about this comment

Like or Dislike: Thumb up 0 Thumb down 0

]]> By: … here is a list of Selected Articles, Pictures & Videos « in place of malaysian main-stream media http://anilnetto.com/governance/accountability/if-subsidies-distort-the-market-why-the-generous-subsidies-for-ipps/comment-page-1/#comment-7674 … here is a list of Selected Articles, Pictures & Videos « in place of malaysian main-stream media Thu, 28 Aug 2008 03:41:32 +0000 http://anilnetto.com/?p=297#comment-7674 [...] for BMW owners too? SarawakHeadHunter - Petronas’ RM600 billion profit: Where has it all gone? AnilNetto - Why the generous subsidies for IPPs? MalaysiaToday.Net - NAJIB POURS MORE TAX-PAYERS MONEY DOWN THE [...] [...] for BMW owners too? SarawakHeadHunter – Petronas’ RM600 billion profit: Where has it all gone? AnilNetto – Why the generous subsidies for IPPs? MalaysiaToday.Net – NAJIB POURS MORE TAX-PAYERS MONEY DOWN THE [...]

Complain about this comment

Like or Dislike: Thumb up 0 Thumb down 0

]]> By: What started should not end « BJ Thoughts… http://anilnetto.com/governance/accountability/if-subsidies-distort-the-market-why-the-generous-subsidies-for-ipps/comment-page-1/#comment-2661 What started should not end « BJ Thoughts… Fri, 13 Jun 2008 11:33:17 +0000 http://anilnetto.com/?p=297#comment-2661 [...] about the subsidised rate to IPPs – a deal that is lopsided on the onset? Certainly with stories like this and this, [...] [...] about the subsidised rate to IPPs – a deal that is lopsided on the onset? Certainly with stories like this and this, [...]

Complain about this comment

Like or Dislike: Thumb up 0 Thumb down 0

]]> By: RM2 billion seems peanuts « BJ Thoughts… http://anilnetto.com/governance/accountability/if-subsidies-distort-the-market-why-the-generous-subsidies-for-ipps/comment-page-1/#comment-2584 RM2 billion seems peanuts « BJ Thoughts… Tue, 10 Jun 2008 10:50:54 +0000 http://anilnetto.com/?p=297#comment-2584 [...] rubs it in with his post titled “Why the generous subsidies for IPPs?” He [...] [...] rubs it in with his post titled “Why the generous subsidies for IPPs?” He [...]

Complain about this comment

Like or Dislike: Thumb up 0 Thumb down 0

]]> By: raj raman666 http://anilnetto.com/governance/accountability/if-subsidies-distort-the-market-why-the-generous-subsidies-for-ipps/comment-page-1/#comment-2576 raj raman666 Tue, 10 Jun 2008 08:49:24 +0000 http://anilnetto.com/?p=297#comment-2576 anil, you are still barking and some of us still happy hearing you barking at wrong tree. Why? 1.IPP- cronies 2.TNB - glc teksi driver had to wait for ngv gas at least one hour to fill their tank-so the goverment have no interest to protect people in the street- because we are only their coolies before become boss in election. raj raman-anyway keep barking anil-sure someone will hear your cries on behalf of Malaysian. SO THE TRAFIC IN PENANG ALSO MISSING?I THOUGHT KUALA LUMPUR ONLY. anil,
you are still barking and some of us still happy hearing you barking at wrong tree.
Why?

1.IPP- cronies
2.TNB – glc

teksi driver had to wait for ngv gas at least one hour to fill their tank-so the goverment have no interest to protect people in the street- because we are only their coolies before become boss in election.

raj raman-anyway keep barking anil-sure someone will hear your cries on behalf of Malaysian.

SO THE TRAFIC IN PENANG ALSO MISSING?I THOUGHT KUALA LUMPUR ONLY.

Complain about this comment

Like or Dislike: Thumb up 0 Thumb down 0

]]> By: anilnetto http://anilnetto.com/governance/accountability/if-subsidies-distort-the-market-why-the-generous-subsidies-for-ipps/comment-page-1/#comment-2571 anilnetto Tue, 10 Jun 2008 04:40:11 +0000 http://anilnetto.com/?p=297#comment-2571 Don't be surprised if the price of Kopi-O in the kopitiam also goes up! Don’t be surprised if the price of Kopi-O in the kopitiam also goes up!

Complain about this comment

Like or Dislike: Thumb up 0 Thumb down 0

]]> By: jan http://anilnetto.com/governance/accountability/if-subsidies-distort-the-market-why-the-generous-subsidies-for-ipps/comment-page-1/#comment-2570 jan Tue, 10 Jun 2008 04:17:13 +0000 http://anilnetto.com/?p=297#comment-2570 The IPPs are having it so good I have decided to go out and buy some of their shares. Sure make money one. The IPPs are having it so good I have decided to go out and buy some of their shares. Sure make money one.

Complain about this comment

Like or Dislike: Thumb up 0 Thumb down 0

]]> By: matt http://anilnetto.com/governance/accountability/if-subsidies-distort-the-market-why-the-generous-subsidies-for-ipps/comment-page-1/#comment-2569 matt Tue, 10 Jun 2008 04:14:48 +0000 http://anilnetto.com/?p=297#comment-2569 Easy somebody has got a share in the pie.In malaysia you scatch my back n i will do your's. Easy somebody has got a share in the pie.In malaysia you scatch my back n i will do your’s.

Complain about this comment

Like or Dislike: Thumb up 0 Thumb down 0

]]> By: msleepyhead http://anilnetto.com/governance/accountability/if-subsidies-distort-the-market-why-the-generous-subsidies-for-ipps/comment-page-1/#comment-2568 msleepyhead Tue, 10 Jun 2008 03:59:47 +0000 http://anilnetto.com/?p=297#comment-2568 if we could expose these guys and their connected businesses, we could call for a boycott. but we're too pampered for that. it's always let someone else like mr anil do the fighting, as we sip kopi-o and rant about it in kopitiams. offering austere policies that the country should adopt as if we are the finance minister. the truly financially smart ones would have anticipated the government's move and prepared for the rainy season. fuel prices will continue to rise as it becomes scarce and the middle eastern conflict will continue to deteriorate as weaponry becomes more sophisticated. unlike our neighbours, malaysians will not take to the streets, preferring to take it in peacefully and sulk among private circles than to confront the government. perhaps this is a good thing, at least we can still enjoy our kopi-o without any worries. if we could expose these guys and their connected businesses, we could call for a boycott.

but we’re too pampered for that. it’s always let someone else like mr anil do the fighting, as we sip kopi-o and rant about it in kopitiams. offering austere policies that the country should adopt as if we are the finance minister.

the truly financially smart ones would have anticipated the government’s move and prepared for the rainy season. fuel prices will continue to rise as it becomes scarce and the middle eastern conflict will continue to deteriorate as weaponry becomes more sophisticated.

unlike our neighbours, malaysians will not take to the streets, preferring to take it in peacefully and sulk among private circles than to confront the government. perhaps this is a good thing, at least we can still enjoy our kopi-o without any worries.

Complain about this comment

Like or Dislike: Thumb up 0 Thumb down 0

]]> By: yh http://anilnetto.com/governance/accountability/if-subsidies-distort-the-market-why-the-generous-subsidies-for-ipps/comment-page-1/#comment-2566 yh Tue, 10 Jun 2008 02:32:41 +0000 http://anilnetto.com/?p=297#comment-2566 donplaypuks there are many ways to skin a cat. first, inflate the construction cost to extract the real cream upfront. second, set up a maintenance unit to divert yearly profits to camouflage the indecent profits generated by the power plant. there you go. return on inflated assets is just a paltry 9% in the words of the cronies. re-emphasise its return on assets (and not equity. as comparison, banks would laugh all the way if it can 1.5% on assets). and if you add in the diverted profits, no wonder the cronies can afford to own shopping complexes, huge commercial buildings etc. best, now they are cringing that the govt is gonna imposed a windfall tax which amounts to no more than RM8 million a year for a major IPP and is now demaning extension of tenure as compensation for the not-so-windfall tax. No wonder, they can go to church to pray on Sunay and testify how great and fair God has been to them. Like Jeff Ooi said, I amost puke after hearing... donplaypuks

there are many ways to skin a cat. first, inflate the construction cost to extract the real cream upfront. second, set up a maintenance unit to divert yearly profits to camouflage the indecent profits generated by the power plant.

there you go. return on inflated assets is just a paltry 9% in the words of the cronies. re-emphasise its return on assets (and not equity. as comparison, banks would laugh all the way if it can 1.5% on assets). and if you add in the diverted profits, no wonder the cronies can afford to own shopping complexes, huge commercial buildings etc. best, now they are cringing that the govt is gonna imposed a windfall tax which amounts to no more than RM8 million a year for a major IPP and is now demaning extension of tenure as compensation for the not-so-windfall tax. No wonder, they can go to church to pray on Sunay and testify how great and fair God has been to them.
Like Jeff Ooi said, I amost puke after hearing…

Complain about this comment

Like or Dislike: Thumb up 0 Thumb down 0

]]>