SAPP Youth Exco member Clement Lee is demanding an answer from the UMNO-led BN government to explain, who proudly boasted that they have RM 3 billion of reserved funds in the state coffer but why, today in 2012, the price of SAS (Saham Amanah Sabah) has remained stagnant (RM0.32 as at 17 Feb 2012, extracted from www.sahamsabah.com.my) 14 years after the Asian Financial Crisis from 1997-1998?
Furthermore, Datuk Dr. Yee Moh Chai has restlessly accusing the former Chief Minister who caused the downfall of SAS from 1997-1998 but why the current Chief Minister could not even to lift the SAS price back to its original value after 14 years since the market economy has been recovered back many years ago?Clement Lee asked.
Based on the history fact of market statistics, during the Asian Financial Crisis from 1997-1998 (http://www.bursamalaysia.com), almost all of the Unit-Trusts and Stocks prices at BURSA (Formerly KLSE) had dropped drastically and none could escape untouched from the crisis.
That caused plenty of hardship and nightmare to the 50,000 SAS investors, making them poorer or even bankrupt, when some of them took loans from banks and others, their life savings.
My question to the UMNO-led BN government is, why are all the prices of Unit Trusts like Amanah Saham Selangor (Asas), Amanah Saham Johor (ASJ), Dana Johor, Amanah Saham Kedah, Amanah Saham DarulIman (Asdi), and such other stocks listed in BURSA have been made to recover to its original value after the Asian Financial Crisis from 1997-1998 but yet SAS has been left to remain stagnant? Clement Lee asked.
SAPP is committed to solving this problem faced by the over 50,000 investors that the BN-led government could not, even after 14 years. SAPP will issue the necessary White Paper to find out the root-cause of the downfall of SAS and reveal the truth to the public when we form the Sabah state government.
We will also assist to elevate SAS to its original value, or even let it appreciate higher, to a value it rightfully so deserves.
Clement Lee is a member of SAPP Youth Exco
UMNO adalah penipu SAS.
ReplyDeleteada bukti kukuh kah? kalau setakat cakap2 saja, buang masa saja..
DeleteHarus membuat siasatan agar golongan yang menyalah guna kuasa akan diambil tindakan.
DeleteIsu SAS sudah lama berlaku. sepatutnya siasatan sudah dibuat dan tindakan sudah dikenakan kepada yang bersalah.
DeleteDream on SAPP because you will never form the state government.You are just fated to be the opposition now and forever.The ship is sinking and the crew are leaving yet the captain is still yelling and boasting that his ship will sail through the storm.PATHETIC VANITY.
ReplyDeleteMaybe the next General Election result will jolt them out of this dream and back to reality.
DeleteSAPP tidak berpeluang untuk menang pru13 sebab terdapat pembangkang lain di sabah...undi pembangkang akan pecah..
DeleteTahu sudah banyak pembangkang di Sabah. Masing2 dengan agenda sendiri. Yang mahu dilawan satu saja. Apa cer??
Deleteberapa banyak parti pembangkang di Sabah tetap tidak dapat kalahkan BN.
Deletemustahil SAPP membentuk kerajaan untuk kedua kalinya. bekerjasama dengan parti lain pun tak pernah berjaya.
DeleteSAPP is ambitious trying to compete 40 seats in Sabah, wonder if they can really do it or end up losing deposit for most of the seats.
DeleteThe fact is UMNO is suck Big Time and simply failed to appreciate the SAS price for more than 14 years.
ReplyDeleteAku akan undi SAPP kali ini sebab ada harapan boleh mereka tolong mengembalikan harga SAS ke RM1.
ReplyDeleteumno memang tiada harapan lagi sebab musang bin tidak aman memang ketua kaki rasuah.
Why didn't SAPP do it when they are the government? Why can't they return the price to RM1 after the SAS downfall?
DeleteWhy didn't SAPP do it when they are the government? Why can't they return the price to RM1 after the SAS downfall?
DeleteSAS is running by a group of directors appointed by musang bin tidak aman. All these directors are musang cronies mostly are incompetence and sleeping in their jobs.
DeleteIf UMNO cannot do it, why still sitting in the job?
tiada harapan sebab SAPP tidak akan menang pada pru13 nanti..
DeleteIs SAPP free from any coruption?? Doubt it.
Deletekalau benar SAPP ingin membantu mengembalikan harga SAS, rasanya mereka sudah buat tidak lama dulu.
Deleteya kah, YTL hanya Sabah KM 2 tahun apabila financial crisis berlaku. Semua kaki fitnah dari umno terus tuduh sama YTL dengan bukan2.
DeleteKenapa musang sebagai KM Sabah selama 9 tahun tidak dapat buat? Jika tidak pandai, berundur dirilah daripada duduk ofis hanya isi kuota saja.
bukan SAPP ka yang menyebabkan SAS rugi pada masa dulu?
ReplyDeletesekarang SAPP nak jadi hero pula.
ReplyDeleteBalik2 tuduh SAPP. Aku sudah nampak kaki pengampu UMNO takde idea yang lain lagi untuk membuat fitnah. hahaha
ReplyDeleteSAPP tanya musang tidak aman kenapa harga SAS masih sama selama 14 tahun? Musang tidak aman tidurkah selama ini?
Semua sama je....you help me,I help you ba.
ReplyDeleteUrang paling bodoh baru main saham kalo tidak sepa kasi bayar gaji durang disyarikat saham tu!
Ko ingat makan sugar+bun bulih free ka!
UMNO datuk salleh yang kasih janji manis sama pelabur jika harga SAS jatuh dari RM1, UMNO akan bayar pampasan.
ReplyDeleteUMNO memang ketua PENIPU di Sabah!
SAPP is committed to solving this problem?? can we trust them?? i don't want the same disaster will happen again..
ReplyDeleteSAPP sanggup janji apa saja asal YTL jadi KM sabah..
DeleteEven though SAPP is not perfect but somehow better than any party malaya UMNO or PR who caused the downfall of SAS due to insider deal from UMNO people.
Deletehow many chance should given to SAPP?
DeleteBlack, you mean the Asian Financial Disaster was caused by SAPP?
ReplyDeleteNot that I know SAPP is so powerful could influence the Asian Financial Crisis in 1997?
You only making yourself like a fool here. lol
Clearly Clement Yee failed to see the connectivity of the BURSA (which in turn has a impact to SAS) and global market particularly with relations to the Euro Crisis as well as other major event.
DeleteBloomberg calculated an almost $6.3 trillion dollar decline in global markets in 2011. Its a financial Miracle that BURSA (as well as the Asian Financial sector) was not critically effected.
DeleteIf UMNO cannot help the SAS investor. Why don't just give way to SAPP who can help them? Why keep giving NON SENSE excuses DorianG? It seems like UMNO's dog is desperate now.
DeleteSudah 14 tahun. Bukan 2 tahun. Musang must be sleeping in his jobs!
Coming back to SAS, At least it did not plummeted. It is no easy feat given the state of the global economy last year.
ReplyDeleteAnd why is Clement Yee is still in a Time Limbo back in the 90's Asian financial crisis? Has he not noted the progression after that period?
ReplyDeleteProgression in a turtle speed which has proven UMNO is useless and incompetence. Look at other stocks and unit trusts which already recovered back to its original value.
DeleteJust get lost UMNO.
"SAPP is committed to solving this problem faced by the over 50,000 investors that the BN-led government could not, even after 14 years. SAPP will issue the necessary White Paper to find out the root-cause of the downfall of SAS and reveal the truth to the public when we form the Sabah state government."
ReplyDelete-AND HOW WOULD YOU (SAPP) plan to do this? So far no DETAILS has been disclose for this matter from your side.
DorianG
ReplyDeleteAs an SAS investor myself, I reckon you and your UMNO just closed shop together with your bunch of useless and incompetence SAS BODs.
SAS investors will see future.
DorianGFeb 21, 2012 11:44 PM
ReplyDelete-AND HOW WOULD YOU (SAPP) plan to do this? So far no DETAILS has been disclose for this matter from your side.
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Even though I am not SAPP member, I could see how desperate from you (UMNO licker) want to copy people idea.
If BN doesn't know how, just give way for SAPP to take over.
We had enough shits from UMNO!
I doubt SAPP have any ways to do it, they are just trying to buy time here, thinking the people will fall for it. Actually SAPP have no idea at all.
Deleteplan to jump into the 'fire', so to speak?
Deletesame old issues...boring...
ReplyDeleteIf you take note of what this Yee fella wrote he himself doesn't know or SAPP for that matter what to do with SAS.It happened under their watch and now they have the nerve of asking people to vote them to power so that they can clean all the dirt they had left over during YTL tenure.
ReplyDeleteSAPP can publish 100 or 1000 articles here and its all about asking the people to vote for them.If you ask why their answer is simple and short......they are parti Sabah and they think they can fool Sabahans by such answer.They are nothing but just a bunch of power crazy idiotic fools.
recycle issue just to remain YTL fault in SAS issue.
DeleteIf you take note from what this Anak Petagas wrote, he doesn't know anything about SAS but only barking like a mad dog. He only making himself like a fool.
ReplyDeleteHe couldn't refute but starting to talk non sense. What a pity!
Its true I know nothing about SAS and neither is SAPP or Anon above.If anyone knows anything about SAS or its operation then the shares would have gone up.The funny thing is SAPP is a bloody hypocrite who is hoodwinking the people that it has the anecdote of putting back SAS on a sound footing when in reality SAS failed when their President was the CM at that particular time.SAPP failed the investors and now it is claiming to know how to correct its failure.What a bullshit liar!
DeleteIn order to put SAS back into a sound footing you have to delve deep into its operations,the cause,the failures and subsequently apply a well-thoughtout plan in addressing the problems.It could mean investing more funds,selling non-functional assets,fixed assets to generate more funds for re-investment into viable alternatives,market conditions vis-a vis global economic climate etc etc.Who knows? SAS cannot be salvaged by a magic wand like what SAPP is promising to the people.It sounds so easy and that makes it so doubtful.
If Anon above has a business academic background then he should understand this and using the simple words 'I Know' or SAPP knows is not good enough.I think it is more complicated and much more than meets the eye.I don't bluff and admit I know nothing about SAS operations.SAPP claims to know much better because they are the culprit and the cause of SAS failure.Tell us then how the price of SAS shares can be brought back to its original value.
I want to hear and so do the investors.No point waiting for SAPP to be the government because it will never happens but for the love of those who have lost their monies please enlighten them with your brilliant plan.
I had more than 30 years experiences in the stock and unit trust markets. Anak petagas only making himself like a fool here trying very hard to protect his evil boss.
DeleteAll the truth are here http://wikisabah.blogspot.com/2011/01/truth-of-sas-issue-revealed.html
Anak petagas, jika bos musang kamu tidak pandai, suruh dia berundur diri lah. Buat apa masih duduk di sana tetapi tidak tahu buat kerja? Padan muka
DeleteIf Anon has 30 years experience in the stock and unit trust markets then he should also knows that its not as easy as waving a magic wand in front of Bursa Saham and make SAS share shoot up to $1 as promised by SAPP.No one can tell me how they can bring SAS share back to $1 except calling me names.
DeleteThe price of stock and shares including unit trust depends very much on several factors in the market.One can predict but only to a certain extend and Anon above should not bluff if his 30 years job was only to sell unit trust.I met many so-called unit trust consultants and unfortunately they themselves cannot do much when you are burnt except to give inspiration that everything will be fine.I got burnt once and the unit trust consultant didn't even bother to console and call me until today.Anon,you are no wall street guy but the kind of hit and run salesman that only bothers to make money for himself.
Tell me again how SAS share can be brought back to its value of $1 as promised by SAPP?Call me anything because not only I am not privy to SAS operation but I never claim I can bring the share back to its original value.SAPP has the answer so 'do not beat around the bush' but tell us.Consider it a 'refresh exercise' for everyone to see and judge.
My comment is never intended to protect the present government on SAS but more on filling-up and satisfying my curiosity for all of SAPP promises on this subject matter.Just imagine that SAPP is claiming to be the smart guys now and telling us how it can be done.Do not worry about the government copying your plan and proposals because if thats being done the credit still goes to SAPP.SAPP wouldn't want to be called a cheap and deceitful liar,would it?
My simple answer to you Anak petagas,
DeleteIf you and your bunch of UMNO crooks don't know how to do it. Just resigned amass.
We have enough of your lame excuses. I am talking about 14 years but not 2 years.
Anak petagas, You accused YTL caused the downfall of SAS in 2 years during the financial crisis but what your boss musang has done to up lift the SAS price for the past 14 years? Nothing!!! It has shown the incompetency of your UMNO loser regime.
DeleteSaya adalah pelabur dalam SAS. Saya sokong umno mesti dihapuskan sebab SAPP sudah janji kasih naik harga SAS daripada umno yang tiada guna.
ReplyDeleteSaya akan undi SAPP kalo ini.
You forgotten SAPP is also from BN-UMNO during the SAS downfall, voting them again is giving in to their tricks twice. Good luck to you.
DeleteSAPP semakin "outstanding" untuk membuktikan diri, semoga lebih banyak golongan dapat menikmati hasil perjuangan SAPP.
ReplyDeleteSaya tak tahu sangat pasal SAS. Yang penting hak dan kepentingan pelabur SAS harus dibela.
ReplyDeleteStatement yang dibuat oleh ahli PAS ini cuma menjerat ketua mereka sendiri untuk perkara ini. Kesian YTL dibelot oleh ahli sendiri mengenai SAS.
ReplyDeleteApa sudah jadi dengan SAS semasa SAPP dulu?? Mahu naikkan SAS kunun. Tapi lihat sendiri apa yang berlaku dengan SAS. Mengalami kerugian yang besar dalam sejarah SAS. Itulah kepentadbiran SAS.
ReplyDeleteWazxiran
DeleteApa bos kamu musang bin tidak aman buat dengan harga SAS selama 14 tahun? Dia tidurkah dalam ofis?
Sekarang mahu mempersoalkan mengenai SAS pula SAPP. Kenapa SAPP tidak mempersoalkan SAS yang rugi dahulu berbandingan yang tidak banyak pergerakkan.
ReplyDeleteBukan kah SAPP sudah lapor sama polis dan MACC pasal kejatuhan SAS? Pura2 kamu ini buat bodoh ... hahaha
DeleteMembangkitkan isu Saham amanah Sabah cuba mengenangkan Yong Teck Lee semasa pentadbiran dia. Itulah sejarah untuk Yong sebagai KM dan tidak akan ada kedua kali lagi selepas ini.
ReplyDeleteSiapa Ketua menteri ketika kerugian SAS berlaku? Cuba Clement bagitahu 1 Sabah. Apa-apa perkara mengenai perkara pasti akan dirujuk kepada KM ketika itu. Kerana KM itulah yang meluluskan semua itu. Maka kita tidak boleh terima pemimpin yang tidak begitu pandai dalam pengurusan Negeri.
ReplyDeleteApa bos kamu musang bin tidak aman buat dengan harga SAS selama 14 tahun? Dia tidurkah dalam ofis?
ReplyDeleteDalam 1997, saham seluruh asia pun jatuh. Buat apa asyik tuduh dan buat fitnah sama YTL?
ReplyDeleteSaham Kuala Lumpur pun jatuh teruk. Kenapa tiada kaki pengampu umno tuduh bos mereka Tun Mamak?
Tambah lagi, apa musang tidak aman buat selama 14 tahun ini? Semua harga Saham negeri yang lain sudah naik?
Sudahpun terbukti musang tidak aman tidak boleh harap lagi. Berundur diri lah jika tidak pandai urus.
SAS fisco? It was due to the corrupted umno crooks who stole people money from SAS.
ReplyDeleteRead here http://wikisabah.blogspot.com/2011/01/truth-of-sas-issue-revealed.html
balik2 tentang isu SAS. dah berapa lama tapi tak juga selesai2..
ReplyDeleteSAPP sekarang meminta musang kasih menjelaskan kenapa harga SAS sama juga walaupun 14 tahun.
ReplyDeleteJika musang tidak pandai urus, berundur dirilah.
AnonymousFeb 23, 2012 10:24 PM
ReplyDeletebalik2 tentang isu SAS. dah berapa lama tapi tak juga selesai2..
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Betul, suruh bos musang kamu kasih selesaikan masalah SAS. Jika tidak pandai, letak jawatan bagi SAPP memerintah.
Macam SAPP boleh menyelesaikan isu SAS, cubalah bagi tahu apa cara yang akan digunakan, ataupun setakat cakap besar sahaja?
ReplyDelete