LOOKING BEYOND FINANCIAL STATEMENTS - AN INVESTOR'S PERSPECTIVE

LOOKING BEYOND FINANCIAL STATEMENTS – AN INVESTOR’S PERSPECTIVE

In today’s highly competitive and inflationary but low-interest environment, we are not only compelled to invest our money wisely to get much higher returns than the rate of inflation, but we also need to perform exceptionally well to cope with the fast-paced economy. Otherwise, financial freedom will not be within our reach.

Stocks investment is very widely used tools, growing on an unprecedented scale and still growing despite already forming one of the major investments in nay economy. To reap the maximum return, investors are going great lengths to create cleverly strategies such as "Japanese cloud" formations and "economic surprise" indicators. However, no methodology seems to work all the time.

VALUE INVESTING

Contrary to speculation, there is one strategy that absolutely never fails to boost returns, and is often overlooked: value investing. The concept of value investing appeals to those who are relatively conservative and persons who prefer making decisions on analysis of the basic financial strength of a company, coupled with a search for bargain priced shares. This profound investment strategy requires discipline and patience. It will reward such investors consistently. It is a valuation technique, a technical strategy, or a way to predict funds that will outperform the market.

RESEARCH, RESEARCH, RESEARCH

The saying “past performance can’t be a guarantee of future performance” may sound familiar to some of you. It holds true even in today’s market. The future is hard to predict. Seeking investments conforming to assumptions or projection about the future without considering the basic facts about a company’s strength or growth potential is unwise. Fundamentals are king. Past performance can still be a good indicator that reflects the quality of a company’s management. Financial health is equally important to serve as a foundation rock to assist the company to endure through tough times and grow further. Research, research and research is important to uncover those stocks that trade below their fair price and have great potential. So, financial literacy can’t be viewed as a “spare wheel”, it must be viewed as a “steering wheel” instead.

BACK TO BASICS

As such, finance literacy is critically important in helping the investors to make better informed decision regarding their investment. It is not just business acumen. It forms a small fraction of the business yet it is significant, just like the rudder that navigates a plane and a ship. To a great mind, nothing is too little. By mastering the rudder, you are able to assess its financial health correctly, comfortably and confidently especially in regards to an adequately capitalized company and its free cash flow.

FREE CASH FLOW

What is free cash flow? It tells an investor how much actual cash a company is left with after any capital investments. For instance, companies that have high debt/equity numbers, especially in an industry facing tough times, this naturally could be one of your first signs that a company is getting over its head in debt.

DO YOUR HOMEWORK

Read and understand annual reports carefully and assess how management addresses those critical areas arising from external changes that significantly affect companies. What is the quality of the assets that have been invested to build or strengthen their competitiveness? What compensation plans have been put in place to retain key and talented personnel? That’s the main reason why we need to look beyond financial statements to weed out those potential growth stocks that are trading fairly lower than their intrinsic value. By looking at the bigger picture of the business such as its competitive position, product or service trends and economic and technological forces that affect its future value, you are able to select those appropriate stocks for investment. This is because the management serves as the brain of the company, which will respond to the endless changing environment and navigate the company to the next level of success.

Value investors focus on individual company, review its history of growth, and corporate announcements and news inside out, conduct field work and raise material questions during the annual general meeting and extra-ordinary meeting if appropriate. You need to gather those findings prior to the determination of its fair value that meets your selected criteria. It sounds simple and logical, yet it is not easy. Once the true value of a company has been determined, the value investors will look for a buying opportunity. This means they will buy stock in a target company only if they can execute an order below the fair value price.

The question arises whether such bargain arises in the market. Such stocks are in existence even in the efficient price market when their potentials are unnoticed. You need insightful information to make accurate assessment of their fair value.

WHY LOOKING BEYOND FINANCIAL STATEMENTS

Many investors claimed that they are long-term investors, but how many of us truly are? How many of us are really unshaken by a market nosedive or a threatening global event? The stock market is a psychological conundrum, and we're all vulnerable to its clever head fakes. Perhaps we need to learn and master more of our mind faculties to overcome such fear before we invest. Short-term market trends are extremely chaotic and choppy. The good news is that long-term trends rely on the fundamentals.

We should cultivate discipline to be better skilled investor. We should act contradictory to other investors accumulating those bargains stocks after downside panics, hold on while the market climbs and rebalance back to our asset allocation when everyone is bragging about their gains.
You need the “know how” to stay ahead. Have you ever wondered what intelligent approach or sound reasoning you possess before you buy that particular stock? Or is your decision just purely based on a simplistic indicator? For example, a company is about to secure a new project or is going to benefit from new legislation. However, under the value investing approach, you need to have control when you apply the rules. You will seek the answers to the following profound questions before you act:-

a. is the stock currently traded under its fair value?
b. what criteria determine this conclusion about valuation?
c. is the company dominant in its industry?
d. what is its recent price history?

In the long term, stock prices tend to move in line with the company earnings. It’s really that simple. Look to a company’s past earnings trends and determine whether those trends will likely continue into the future. Value investors need to track earnings and not on many lists of “stock to buy.” The rationale of doing so is probably undervalued and the cyclical nature of this sector will come around again.

Excellent reputations for quality of management, products and competition are key ingredients for a value investment. A value company is most likely to have a strong domination in the industry. Always remember bargains show up in the market all the time because of the short-term irrationality of buyers and sellers.

Even during the market downturns, value stocks tend to perform better than average, either declining less than average or even rising. In 2008, one of the worst years on US record, McDonalds rose in value while nearly other stocks prices declined.

This does not mean that value stocks are exempt from price declines. However, well selected value stocks do tend to outperform the market as a whole over the long term. A second source of returns on a portfolio, apart from price appreciation, is dividend income. This may not be for those who desire fast growing stocks. Value investors can make the most of dividend yield by reinvesting dividends in purchase of additional shares rather than taking payments in cash. The value investor is most probably more conservative and concerned with volatility than the growth investors.

Hence, it is safe to conclude that to invest intelligently and wisely, one needs to look beyond the financial statements to make better informed investment decisions. With financial mastery coupled with insight knowledge and appropriate mindset, the chance of succeeding in investment is definitely relatively much higher. To save in the bank and earning its fixed deposit’s rate is definitely a loser. This is because the interest rate is much lower than the real inflation’s rate.

INVESTMENT STRATEGY

As such, every investor needs to develop a series of strategies for investing. An investment strategy is a set of rules, behaviors or procedures, designed to guide an investor's selection of an investment portfolio. Usually the strategy will be designed around the investor's risk-return tradeoff. Some investors will prefer to maximize expected returns by investing in risky assets, others will prefer to minimize risk, but most will select a strategy somewhere in between.

At the end of day, every investor wants to make a profit. But without an investment strategy, how do you know which stocks to buy and which are too risky? How long will you hold stocks?

To ensure that you achieve your goals with much certainty and consistency, looking beyond financial statements is unavoidable. Always begin with a strategy and vision, end with model and analytical insights. Stay focused on the big picture without losing the details by measuring, monitoring, managing them effectively and closely in line with the saying, “you can’t manage what you don’t measure.”

Uncovering the realities that lie behind the data is what business analytics is all about. You need to use your mental faculties to recognize those competitive edges, usually hidden to the casual observer, in those companies you have invested in.

CONCLUSION

In summary, by mastering investment skills, you are able to handle your own investment with full accountability and commitment. As Albert Einstein said, “The whole science is a refinement of everyday thinking.” This is because a man world is a projection of his mind. When your mind is weak, you see problem. When your mind is balanced, you see the challenge. When your mind is strong, you see the opportunity. So this sound, sane and solid principle is also applies to investment as well.

MY HEARTFELT GRATITUTE AND APPRECIATION TO HOSPIS, MALAYSIA

Grace to everyone,

There are a few dates that will always remain in my memory. July 18, 2018 is one of them. Why do I consider this date important? This is the day when Hospis officially informed me that they have removed me from their mobile service as they were very satisfied with my progress in battling the big C... I had completed my chemotherapy and I was coping well.

I thank them wholeheartedly from the bottom of my heart for their unwavering commitment to nurture and care for not only me but all the C... patients who needed them. I would also like to express my gratitude to the doctors, nurses and all hospital staff who have bestowed their skills and knowledge in helping me through this journey. Without all these wonderful people, my journey would not have been that smooth.I must also congratulate them on the top notch services that they have rendered especially in times of urgency.

The tender and loving care rendered to me when I was suffering from the horrendous side effects of the chemotherapy which made me throw up continuously and at a time when I wished that the earth will swallow me so that I can escape from the torments. Thank you for your speedy action to my call for help. It will forever be etched in my memories.

Cheers,

James Oh

SPONSORSHIP FOR BOOK PUBLISHING

Grace to everyone,

To date, I have written and published 7 books. My current book, Cancer : Fear or Inspiration was written after I was diagnosed with stomach cancer. One of the main reasons I wrote this book was to divert my mind from the horrendous side effects from the chemotherapy treatments. I had to undergo fortnightly treatments and altogether 12 courses. Many a times I felt like giving up.

Fortunately with God's mercies and blessings as well as support from my beloved family, siblings and well-meaning friends, I persevere until the final treatment in April 2018. Thank you very much my Lord and everyone concerned. I am very glad that I have completed my treatment and now enjoying a new lease of life. Thank Lord for giving me this opportunity.

I was motivated to write the book as I wanted to share my experience of battling cancer with my cohorts and to give guidance to those who are keen to know more about it. It is meant also for those who are rendering care to the Cancer patients, to be understanding and to give moral support to them. For the survivors never to give up and also try to be financially independent.

Due to my illness, I have not been working for more than a year and as such I would like to seek some sponsors to help publish my book. I would be very happy to donate part of the sales proceeds to the cancer institutes.
I would be very happy to arrange a meeting at a time convenient to you to discuss any proposals of sponsorship.

Thanks and God bless you,

James Oh


jamesoh200@gmail.com

TESTIMONY FROM AMY SEOK, CEO AND FOUNDER OF MONEY COMPASS MEDIA

‘James Oh is indeed a life warrior. He is always a role model for both cancer patients and cancer survivors, living his life enthusiasticly and full of positive energy.

In his pain and suffering, he always looks to God for strength and endurance.
We salute him as he is a brother with a big heart to share and indeed he loves sharing. We believe through this book, he will bless and enrich many lives.

So, brother, keep it up, thumbs up!’
Amy Seok, CEO and founder of Money Compass Media

LETTING GO AND MOVING ON - SHORT WRITE UP

Letting Go and Moving On - short write up

This book chronicles the true but sad tragedy that has befallen the author's wife who was more than 30 weeks pregnant at that time. Coincidentally she was staying at the renowned private hospital where their eldest child (aged 1 year old was warded). While she was there she experienced labour pain.

We would have thought that since she was already in the hospital, it would have resulted in a smooth and safe delivery. However, it was not meant to be.

She had to undergo tests after tests for reasons best known to be the hospital resulting in the baby being born still born. Dear readers, can you feel the injustice and trauma that the author and his family has to undergo as a result of the hospital irresponsible action!!!!!

Imagine the anguish and grief experienced by the author until it caused him to lose his purpose in life and passion in his profession. He was trapped by the injustice and his failure to seek justice for his son. He tried many avenues and every time when there appeared a glimpse of hope the next day it would be washed away by the waves. Was there no way to see that justice is served?
He even read law to defend himself but again it met with failure. He was reduced to desperation until one day he was awakened by a bright light urging him to surrender himself to His mighty arms. It was then he decided it was time to let go of the past and move forward.

He was recently dealt another bigger blow when he was diagnosed with stage 3 stomach cancer. He has removed 60% of the infected stomach and undergone 12 courses of chemotherapy all in the spate of 9 months. He now looks forward to fulfilling a larger purpose of his life by making a difference in other people’s lives.

CONCLUSION - LOOKING BEYOND FS INVESTOR'S PERSOECTIVE

edited CONCLUSION



The main purpose of investing is to make money. To ensure we do not
lose money, as Warren's first rule, we need to adopt and apply
systematic and sound approach in acquiring, accumulating stocks with
low risk but high return. Does it sounds too good to be true? In fact,
it is not. This is because it makes a clear distinction of acquiring
stock with value much lower than its intrinsic value. That is buying
at good bargain stock due to its temporary mis-pricing arising from
temporary irrational market forces and it happens even in the most
efficient market where the price sensitive information is made
available on a timely manner.



Contrary to common belief of high risk with high return, value
investing is commonly mis-understood and often overlooked. This
profound investment approach of high return with almost low investment
due to a well crafted approach at the point of acquiring stocks. This
strategy requires discipline, courage and patience. It will reward
these investors with these attributes handsomely. You don't need to be
a rocket scientist to figure out how it works and it is a learn-able
skill, as it guided by sound fundamental principles and best
practices.


Entry and exit point


With this investing framework, you are able to make money at the point
of acquiring, and not at the disposal of your investment. Why I do say
so? This is mainly because we acquire stocks at bargain values with
safety margin for any human judgmental error, bias and prejudice. In
fact, it has always built in most of the significant risks. In other
words, we are acquiring the stocks that are based on their basic
fundamental values scientifically deriving from both their past and
leading indicators. This process will ensure that we do the correct
things right from the beginning, first time, every time and all the
times. This is mainly to ensure that you do not lose money in the
first deal, every deal and all the deals.

Discipline and duplication is the key to success. By repeating this
process until it becomes our habit is the key to the investing game.
You don’t drain your resources in watching the stock market daily and
hourly.

The future is hard to predict. What we need to do is to make reference
to the past trend to ascertain the key management's behavior, value
and integrity by assessing both the company's qualitative and
quantitative factors objectively to ascertain its value and shaping
our investing skills. By enhancing our quality thinking, a better
informed investment decision can be made. With effective and efficient
implementation of this sound framework, the success will be within our
grasps. This holistic approach will not only ensure the return to be
relatively higher than its associated risk.


Thereafter the investor should realize his profit once its stock price
has hit its intrinsic value and above. Hence, the real profit is made
at the exit point. Cautions must be made that if its stock price moves
downward, the investor must extend its holding time further. Be
mindful that we are not predicting the market trend to make money, but
making money by acquiring bargain stocks.

Cut through the noise

To be able to enjoy such returns, we need to stay focus on our
investing purpose and not let our emotions direct and dictate your
investment decisions. Saying is easy, but it is not easy to put into
practice, that's the reason why it demands discipline to succeed. More
often than not, many investors have been influenced by the market
noise from the surrounding environment and tend to chase after hot
stocks. Never let this noise distract your investing game plan.
Always remember your investing purpose of making money at the point of
investing.

Strong Free Cash Flow

Cash is king. Use free cash flow as a supplementary to its cash flow
statement. As we are fully aware that earnings can be easier to
manipulate compared to cash, our next challenge is to ascertain how
much cash is purely generated from its core operational activity and
how much of it is reinvested to sustain its business growth and
profitability. Again, it stresses on the reinvestment of quality
assets to sustain its core competencies. As such, extra caution must
be focused on acquisition and merger transaction with loan, leaving
its FCF intact, so as to ensure that it is purely for sustaining its
core competencies, and not for other purposes.

Sustainable Business Growth

One of the surest ways to maintain business growth is through
reinvestment of its profit. How much the company should pay out its
earnings as dividends and retains its profit to reinvest in its
business is very much dependent on its return on equity (ROE). It
makes more sense for the company to reinvest its earnings if its ROE
is greater than the market's required rate of return. However, if its
investment opportunities are limited, then it would better to
distribute its earnings rather than reinvest it.

Effective leverage strategy

To obtain a much higher rate of return from its investment, it should
employ collaborative efforts with its strategic partners as
demonstrated by Wal-mart, where it houses its collaborators under one
roof and using its infrastructures to reap the benefits of its huge
size and scale. By doing so, it can further strengthen and enhance the
efficiency of its team members and pass the saving backs to its other
stakeholders.

Company Growth Rates

Since the retention rate plus the dividend payout ratio, which is the
fraction of company's earnings paid out as dividends, equal to 1, if
no bonus share is paid out from the earnings is as follows:-


Earnings Retention Rate = 1 – Dividend Payout Ratio

By illustration, assume that a company distributes 60% of its earnings
as dividends, then its retention rate is 40% and its return on
stockholders’ equity is projected to be 20%, then its

Present Value of Growth for the coming year should be 8% ( 0.4 x 0.2 = 8%).

Mitigating downside risks

In today's fast changing business environment, the strategic risks
become more crucial. This is because these associated risks are much
more vulnerable than before. Eg. Blockbuster and Kodak were wiped off
from the market place. We have, by all intents and purposes to build
in this potential downside by picking those companies’ with sound
insight quality with convincing and compelling financial and
operational ratios. With insightful and invaluable information through
quality research, the downside will be minimized and mitigated.

With this framework and holistic approach, the probability of sound
return is very much higher than its risk. Therefore, the probability
of higher return in relatively low risk framework will favor those who
opted for these quality investing characteristics.

BUCKET CARRIER AND THE PIPE BUILDER IN BRIEF

Some of you may have heard about the Bucket carrier and the pipe builder story.

Basically it is about two good friends who are employed to carry water from the reservoir to the well in the village. One day one of them thought that it was more efficient to build a pipe to transfer the water from the reservoir to the pipe instead of carrying the water in the bucket. He then invited his friend to join him to build the pipe. However, his friend rejected his proposal as he was doing well by carrying a much bigger bucket.

His friend left him no choice but to carry out his plan on his own. Day and night he carried the bucket as well as laid his pipeline. Once, his pipe was completed, he reaped his reward effortlessly while his friend was not able to carry the bucket any longer as he had aged and was weak.

This story give us a good overview of sustainability in our discussion.

THE PASSING OF MY DEAR FRIEND

The passing of a dear friend

Grace to everyone,

This morning I woke up feeling elated and happy as the weighing scale finally showed that my weight has increased to 61kg. Bless the Lord. It has been hovering around 59kg and finally there is a breakthrough. Eureka!!! This has prompted me to eat more so that my weight will increase further. For the big C... patients, weight increase is very important as it signifies that it is under control. PTL.

My happiness was however dampened by the sad and sorrowful news that my secondary classmate has succumbed to the C.. after battling it for a long time. It was just a few days ago that I received news that his condition has deteriorated and he was admitted to the hospital for treatment. RIP my dear friend! You have finally returned to the Lord.

I was very disturbed by his passing. I recalled how he comforted and encouraged me not to give up as I was undergoing chemotherapy. We had shared tears when things were down and laughter when things got better. I still can’t get over his passing. Life is a cycle that we have to go through, from birth to death. My dear friend, I will always remember your kind advice and I promise you that I will live life to the fullest.

Life is very fragile and I shall treasure the remaining days of my life. I promise you, my friend, that I will not let my life go to waste. I will do my utmost best to accomplish what I want to do.

Yes I have a dream that has yet to be fulfilled. An inspiring and enterprising author cum professional trainer. This is indeed my passion
and I thank the Lord for giving me another chance to come back and fulfil it.

My vision is to be able to touch as many people as possible be it through my books or talks or training programs. I hope to share my knowledge and life experiences with everyone so that hopefully they can gain from it.

Adieu my friend. We will meet one day in our Father's house.

With unconditional love,

James Oh

JAME OH PROFILE

JAMES OH

Chartered Accountant (registered with Malaysia Institute of Accountants), MIPA AFA, BA (Accountancy)
LLB – University of London (UK)
Certified Professional Trainer with IPMA (UK), PSMB Certified Trainer
Competent Communicator with Toastmaster International.

James Oh comes to you as a financial, wealth and mindset specialist. He is an avid thinker, mind-explorer, leader and intensive researcher with more than 30 years of professional working experience in various industries such as trading, construction, aviation, movies investment and distribution. He is richly exposed to both local and international businesses, especially in the negotiations with the world leading aviation financiers, insurance and reinsurance brokers.

In the course of his practice, James had held senior specialist, supervisory, managerial and leadership positions by providing success oriented strategic and operational plans to nurture the companies that he had served. His track record includes nurturing a growing company with its founder and obtained a listing for the company on the stock market. He also helped turn the company around when it was badly hit by the Asian Financial Crisis in 1996-1997.

James has been featured in numerous media several times. The media include top investment magazine i.e. Smart Investor Magazine, Financial First, Money Compass, FlyMe360, Property Insight, Corporate Voice Journal (MAICSA), Malaysian Institute of Insurance and Journal of Wealth Planning and Management. As a writer and researcher, he has also published eight books, specialising in financial literacy, value creation and thinking skills. He has sold his books internationally through Amazon.com, Smashwords, and Lulu.com.

Aside from his vast work experience, he was also an Associate Trainer with Kaplan Institute, Singapore conducting trainings and talks on finance, business, value creating and lean finance management.

James is a leading authority in the area of business strategy, sustainable growth and innovation.

OFFICIAL CORPORATE ANNOUNCEMENT

official announcement

Grace to everyone,

Pleased to announce that my joint venture with the renown training provider, Quantum Leap is still in existence despite being diagnosed with the big C.. and undergoing treatment for it.

For more information on this joint venture, please click on the link below:
http://www.quantumleap-seminar.com/?s=James+Oh

My grateful thanks and appreciation to Mr. TK Chan for giving me an opportunity to promote my enterprise through this platform. This also signals the start of a long lasting business relationship and I am indeed privileged to have Mr. Chan as one of my collaborators.

I am indeed blessed to be able to focus on developing new courses to cater for the needs and demands of potential customers. As such, I am seeking more collaborators to help market these training programs. This is a much needed income as I need to generate income to support my family especially my two kids who are currently pursuing tertiary courses.

Grateful if anyone can contact me should there be any interest in my programs.

Cheers and look forward to hearing from you,

With unconditional love,


James Oh

ARE YOU AWESOME

Are you awesome?

Are you feeling awesome? If not please say to yourself, "I am awesome", "I am really awesome". Please repeat until you really feel awesome.
Deliberately Practice makes permanent progress. Likewise repeated saying will condition your friend to accept your thoughts. Friends, if you are feeling lousy, do try it. I assure you that you will feel awesome thereafter.

The great thing about it is free. You do not have to pay. So go ahead and do it in the first thing in the morning. No one owes you this feeling. You have to achieve it yourself. You are responsible to make your day awesome and worth living.

If you yourself feel awesome, you would want to share and radiate this feeling with everyone. Yes it is contagious. Be sure to make it your daily breakfast. It would soon become a daily routine. Well if you are in a rush in the morning, you can always find time in the later part of the afternoon and sneak into the restroom and say it in front of the mirror.

Do not break this daily habit. Very soon you will find your life joyful and awesome. No one can take this feeling from you.

Remember friends, how you want to live your life is entirely in your hands. Choose wisely and make the world a better place to live in.


With unconditional love,


James Oh

COURSE INTRODUCTION - TRIPLE BOTTOM LINES IN BLUE OCEAN

Course Introduction

Are you stuck in the industry full of players, struggling to swim out from the red ocean? If you do, then this course is suitable for you.
The rapidly changing business landscape has created a proliferation of global trading risks and costs, compounded by keen competitiveness and innovation. Thus, invisible ingredients such as Profit, People, and Planet or Triple Bottom Lines become more evident and important.
There is a need to quickly identify the Strengths, Opportunities, Improvements and Faith (S.O.I.F) to craft your personalised pathway to stand out from the crowd.

The starting point is to have deep understanding of the connectivity and linkage about the triple bottom lines and blue ocean strategy. Use the right tools to approach and assess your situation clearly and work out the appropriate solutions to strategize your situation to achieve sustainable growth.

Learning Outcomes

Deep understanding on how to build blue ocean workable strategies that best suit you or your organisation by focusing on the big picture;
Identify both your key strengths, opportunities, improvements and faith as your appropriate tools;
The myths of Blue Ocean;
Deep understanding of Triple Bottom Lines
Agile to the external changes and responding appropriately to achieve sustainable business growth and long-term profitability;
Craft your own strategic path and plan respectively based on your own S.O.I.F.
Able to detect opportunities and the challenges of your industry together with its insightful information;

Who Should Attend?

Non-financial managers, executives, Team leaders, Supervisors and any personnel who are involved in enhancing value creation from the point of supplies to deliveries

MY ENTERPRISING JOURNEY

my enterprising journey

Wow! As I reflect, I have come a long way; from a very humble beginning as a blogger to an enterprising author and a passionate trainer specialising in financial literacy, value creation and thinking skills.

With God’s grace, my journey turned out to be enlightening and challenging. As I journeyed through all the trials and tribulations, I too have gained in experience and insight. With his guidance and blessing, I managed to propel my enterprise forward.

It has been a tough yet fruitful journey by overcoming both challenges and obstacles from losing a child to battling with the big C…… and presently seeking sources of revenues to fund my kids’ tertiary education. I am indeed blessed that I never had to walk alone.
My partnership with God, truly make me view these tough times I’m experiencing are just temporary but have made me into a tougher and more persistent person.

As the years rolled by, I uncovered my passion for writing and developing training programs by sharing my expertise and experience in financial literacy, value creation and thinking skills. I hope that these courses whether they are carried out by me or anyone will be beneficial to the masses especially those who want to help their companies to strive and sustain their business.

Since I am passionate and committed to what I am doing, I have derived much pleasure, fun as well as excitement from developing these courses even though I was undergoing treatment for the big C.... . The side effects were horrendous but I managed to continue with their development. I am really grateful to God for sustaining me. Praise The Lord.

My vision and mission in life presently is to bring financial literacy to the masses and simultaneously earn an income from it. I have to be practical; I need to earn a living to feed my family as well as to fund my kids’ education. One day, with God's blessings, I hope to be able to bring my programs to the less developed countries.

MY FIRST POST CHEMOTHERAHPY CONSULTATION

My First post chemotherapy consultation

Greetings from PJ

4 June, 2018 dawned bright and clear. I had to go to UMSC for my first post chemotherapy review with my oncologist. It has been more than a month since my last treatment. Sad and disappointed to say that I am still experiencing numbness in both my limbs. It was so bad that on one occasion that I couldn’t brake in time and knocked my neighbour's dustbin causing a small dent in my car. It is no doubt slowly improving and I am glad that at least I am able to drive, with faith in Lord.

My appointment was in the afternoon. So I volunteered to send my daughter back to her university to attend lectures this morning. I love sending and fetching her as it gives me the opportunity to bond with her.

Since completing my treatment, my appetite has improved a lot but my weight has only registered a minor increase. As usual I had to do the routine blood test and I am very happy to share with you all that the results has improved significantly. Thank you Lord for blessing me. On the whole my oncologist was quite happy with my progress. However he advised me to reschedule my Pat scan to end of September instead of end of June. I am a bit puzzled with his decision but I will abide by his advice.

I have to inform my surgeon of the change of date for my scan. I decided to do it at SJMC as Gleneagles does not have this facilty. Moreover it is nearer to my residence, thus more convenient. He also advised me to contact him one week before the scan so that he can make the necessary arrangements. Bless him!

Actually on the 4 June my childhood buddy wanted to bring me a one day trip to Sabak Bernam to visit the fishing village and thereafter to enjoy a scrumptious meal of fresh seafood. Indeed it would be very rush and I may not make it back for my appointment. My dear friend was kind enough to suggest that we go on Wednesday instead. I am indeed very blessed to have such a dear friend who is willing to spend time and bond with me. I really appreciate it very much and also very thankful for his friendship for the past 4 decades. May our friendship and comradeship continue to shine ! Indeed I am looking forward to this trip and many more trips in the future.

With unconditional love,
James Oh

UPDATE AFTER MY CHEMOTERAHY TREATMENT

Dear everyone,

Greeting from Petaling Jaya.

As each day dawns I hope it will bring new hopes and beginnings for me. I would wake up every morning and hope that the numbness that I am experiencing in both my limbs will lessen, if not disappear altogether. Alas it only has lessen considerably but has not recovered entirely. I told myself to be patient for with time it will definitely dissipate.

This numbness has been with me for a few months and it is hampering my mobility which I find annoying. I pray to God to be merciful to me and heal me as fast as possible.

I need to get on with life and to earn a living. My two younger kids need me to sponsor their education. I am in dire need for funds as my son will be leaving for UK to complete his final year of study this coming September while my daughter will continue her medical course locally and later to complete it overseas. I have a heavy load to carry on my shoulder and I pray to God to lessen it.

Therefore, I pray to the Lord to pave the way for me and to get some training assignments that I can undertake to be financially independent and to discharge my uncompleted missions. Oh! Lord, I seek your assistance and mercies to fulfil my wish. Thank you. I can’t bear to disappoint my children and it is my hope that they can accomplish their dreams.

Once again Lord, I appeal to you to heal me completely and to shower me with your blessings and mercies to help me accomplish my desire of being financially independent. Praise the Lord.

BUSINESS FINANCE FOR NON FINANCIAL PROFESSIONALS

BUSINESS FINANCE FOR NON FINANCIAL PROFESSIONALS

In this Uncertain, Volatile, Complex and Ambiguous business world, there is not only a need to understand financial information, but also to be able to read beyond its facts and figures. As companies strive to sustain its business, sound and appropriate decisions need constantly and consistently to be made to that effect. To play the game well, every player needs to know exactly how to score for their companies.

By equipping themselves with the appropriate financial know how, intelligence, participants are in better position to manage their businesses’ operation in terms of revenues, costs, profits and cash. They, therefore, are empowered to make more effective and wise business decisions.

This workshop will provide basic financial principles and cover generic financial management tools necessary for decision making. Learning is achieved via case studies, brainstorming and stimulation, to reinforce the theory taught.

Participants will also undergo a highly interactive exercises and real life situation which will assist them to experience how transactions are affect the financial statements and what are the key drivers that will lead them to succeed. They will also be taught prepare periodic financial statements via exercise.

Financial statements
• Understand the key components of a financial statements
• Familiarise with the business Finance & Accounting terms
• Apprehend the key underlying accounting concepts used in the preparation of financial statements
• Aware the limitations of Financial Statements
• Quick eye- bird view through 9 pointers

Business Analysis
• Know how to interpret financial statements and
• Analyse the business relationship using the appropriate financial ratios
• What financial statements tell us and what they wouldn’t
• Apply Strategic Thinking to Enhance Business Performance

Cash Operating Cycle
• Understand the cash operating cycle and what affects a company’s cash flow
• Monitor and Manage the cash operating cycle

Costing
• Know the different categories of costs which exist and their implications on costing
• Understand costing concepts, and apply them in making business decisions

Profit versus Cash
• Understand the difference of the impact of the transaction on profit and cash
• Be clear why cash is king!

Warning Signals
• Discover and appreciate what some of the clear warning signals found in financial statements

A WRITE UP OF THE TPL IN BLUE OCEAN

TRIPLE BOTTOM LINES IN BLUE OCEAN

The business world is becoming more challenging and competitive in today's world. Therefore there is an urgent need for company to keep abreast with these fast moving challenges to stay ahead. It is imperative for them to seek ways to enter the uncharted market territory as well as to reach out to potential customers to stay afloat. They would need the appropriate frameworks, mindsets and know-how to be able to sail into the blue ocean. In doing so, they can try to mitigate risk and at the same time increase the odds of success. It is, therefore, crucial to embrace a perspective that will enable the company to challenge long-held assumptions and break through any artificial boundaries that may have been self imposed.

Seminar Objectives
The workshop is designed to provide participants with a clear introduction to those key principles of blue ocean, knowledge, mindset and know-how so as to prepare them to sail into the Blue Ocean.

At the end of the workshop, participants will be able to;

Gain cutting-edge management tools and best practices that enable them to sail in the blue ocean;

Learn how to mitigate risks and increase the odds of success;

Learn the secret of creating a successful and sustainable strategy;

Understand concept of value innovation, the cornerstone of Blue Ocean Strategy/basic tools and methodologies that allow them to identify strategic options that will dramatically increase customer’s utility while achieving lower cost for the company and without affecting the environment issue, if applicable;

earn how to apply the Blue Ocean Strategy in the real businesses environment;

Explore measures to achieve a high and profitable growth through other viable technics, visionary based strategies and tools;

Understand HOTS and cultivate growth mindset to unlock your potentials beyond competition;

Familarise with the 5Rs technics to identify opportunities and overcome the conventional boundaries;

Understand and avoid the Red Ocean’s pitfalls;

Apply visionary based strategic futuring approach broadly together with the Blue Ocean Strategy in particularly and TBL as its overall picture;

Providing insights as to the possibility of creating new markets.

ALL HRDF CONTRIBUTORS

Dear all hrdf contributors,

If you are keen on upgrading your employees' skills and knowledge in financial know how, strategy and sustainability, look no further as I may have the appropriate courses for them. Should you find that the courses are not what you are looking for, I can customise them to suit your needs. My courses are structured in such an integrated way that they help the participants to cultivate and garner the appropriate mindset, culture, visionary based strategies as well as creating a healthy and positive environment so that they can lead the companies to accomplish their visions and expectations.

I assure you that these courses are structured and developed to meet your expectations and needs. If you are keen in any of these courses, I would be most happy to share with you my standard training programs and show you how they can be relevant to your company’s needs and requirements.

I understand that hrdf funds can be used to engage trainers to conduct any in house programs for the benefits of the employees. In doing so, your company would be able to establish good business relationship with your customers
Do feel free to contact me. I would be most happy to be of service to you.
Thank and hope to hear from you soon.

With unconditional love,

TRIPLE BOTTOM LINES IN BLUE OCEAN TRAINING PROGRAM

The Unknown Secret Of Blue Ocean Strategy

Achieving long term growth and profitability is the fundamental goal of every organization, one which is getting harder to achieve as the market place gets increasingly congested with players. In today’s uncertain, complex and volatile world, every organization needs to develop value propositions that are new and compelling. An ability to adopt the appropriate perspective is crucial to this end.
But How To Achieve the long term growth and profitability In Your Business With Triple Bottom Lines in Blue Ocean?


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