Sharing / Tips – My Awesome Moments

My Another Elba Kitchen Hob Burner Making Problem

My Elba kitchen hob is getting older. This time a second burner started having problem.

Another Burner Flame Is Slowing

Time to replace my old burner as showed in the video the flame starts to becoming smaller.

Order Burner Online and Delivery

So I decided to order online and get it delivered instead going to Exactly Quality office (Elba spare parts supplier) in Kepong.

I whatsapp Elba 011 5923 1405 and share my previous receipt on my part numbers. The total price for new burner is RM120 and RM10 for delivery.

The person in charge gave an account number to transfer to.

elba kitchen hob burner order communication via whatsapp

Delivery Time

It took 11 days for delivery. This is due to Raya Holiday and GDEX had so many parcels to deliver and had to put on queue my burner.

At the same time, you must keep following up with Exact Quality by calling directly to their customer support number to know the latest status.

My New Burner

The burner was well packed. I forgot to take photo of the box. The supplier used bubble wrap the burner to ensure no scratches.

elba kitchen hob received all three burners

Cleaning Up the Kitchen Hob

When I want to install the burner, I noticed my kitchen hob was not clean. So I cleaned up especially the black greased stains

My New Burner With Better Flame

Cost Comparison Buying New Kitchen Hob vs Replacing Burners

I replaced 2 burners with total cost of RM240.
I don’t include delivery Cost of RM10 in the comparison.

RM445 cost 0f buying new kitchen hob with similar features.

new elba kitchen hob rm445 - lazada — new elba kitchen hob rm445 – lazada

It is 50% cheaper vs buying new one.

Conclusion

You must look as a whole whether only the burners have problems or other parts of your kitchen hob has problem e.g ignition problem.

In my opinion, if only burner got problems then better replace it rather than buying new kitchen hob.

Where To Buy Elba Burner

You can also ask for delivery with minimum delivery cost.

Anyway the front service desk is very bad. Haha better just ask for delivery.

Exact Quality Sdn Bhd
Lot 13, Jalan E1/5, Taman Usaha Ehsan,
52100 Kepong, Kuala Lumpur, Malaysia.

Tel: 03-6286 9000 I Fax: 03-6286 9004
Operation Hours: 08:30 am to 06:00 pm
(Monday – Friday, except Public Holiday)

Email: eqservice@fiamma.com.my
Website: http://www.e-quality.com.my/

Baskin Robbins at 31% Discount for May 2020

Every 31st of a month, I will usually buy Baskin Robbins ice cream. This is during this day, Baskin Robbins gives 31% discount.

During MCO Baskin Robbins Bukit Jelutong Only Open At 12:00PM

But during this MCO (Movement Control Order), the ordering process changed and confused lots of people. Yesterday on 31st of May on 10:00 AM, I went to Baskin Robbins Bukit Jelutong at Petronas.

I already saw long queue at the ice cream parlour but it was still not open and nothing signage regarding the opening hours.

Then I went to Jaya Grocer to buy groceries when I checked back at 10:40 AM the parlour still closed, I decided to go to Aeon Shah Alam Baskin Robbins.

Long Queue at Baskin Robbins Aeon Shah Alam

baskin robbins long queue at AEON Shah Alam

When I arrived at 11:00AM at Aeon Shah Alam, there was already long queue.

Walk-In Order Only Pint or Quart

To my dismay, I could only buy at most quart size. Half gallon is not available for walk-in. Besides, if you choose quart, you can only select one flavor.

Baskin Robbins - walk in can buy only quart or pint — Baskin Robbins – walk in can buy only quart or pint

My Ice Cream Stocks till June 31st 2020

I bought 3 flavors of ice creams.

Cotton Candy – for my kids
Mint Choc Chips – for my wife
Jamoca – for myself

Half Gallon 31% Discount Available at Lazada

At night around 11:00 PM, I checked if Lazada got Baskin Robbins 31% promo. Last March 31st, Baskin Robbins only offered their 31% discount at Lazada. You had to buy the e coupon then redeem at the counter.

To my surprise, the coupon for half gallon was available.

However, you could buy the coupon on 31st May but can only redeem it on 1st June onward and valid for 3 months.

Baskin Robbins 31% discount terms and conditions

Received e-Voucher via Email

You will receive an e voucher similar like this via email where you can redeem it within 3 months.

Show the e voucher at Baskin Robbins counter to redeem your ice cream. Of course it shows value RM111.50 but in actual fact you just pay RM76.94

Yeah My Half Gallon

This is my half gallon that I bought at Lazada.

Anyway this is more efficient way to get 31% discount by buying it first at Lazada then can redeem it any hours within 3 months. It avoids long queue at Baskin Robbins.

However the problem is on information diffusion where lack of info at Baskin Robbins website or even at their outlet signage. They should improve on this.

Baskin Robbins Opening Hour During MCO

In summary during MCO different outlets have different opening hours. In principle, below are the different opening hours.

Open: Either 11:00AM or 12:00PM

Close: Either 8:00 PM or 9:00PM

Covid-19 Investment Opportunities

Covid-19 is a crisis for some people and an investment opportunities for some. If you are on the opportunities side, I think Covid-19 creates lots of opportunities who are patient.

The real opportunities will start arise after end of bank moratorium. The most impacted industries are tourism to be specific accommodation, passenger transport and travel agencies which constitute 12.4% of tourism employee or 3.5M x 12.4% = 434,000 employees would be impacted.

Stocks Investment to Watch

Related to banking sectors
Gaming sectors like Genting
Accommodation like Shangri-la Hotels Bhd
Related to airlines

I am personally more interested into banking sectors with good fundamental and investment view of 5 years.

For airlines try to avoid as even Warren Buffet sold off all his holdings in airlines industries even at a lost because according to him, the cost to fund the airlines business after Covid-19 is higher than selling it now.

Why banking?

Banks profits are much lower in the coming Q2 till Q4, 2020 due to moratorium, higher provision due to bad debt and stringent lending policies.

I expect some panic selling after the moratorium that we could tap on.

Real Estate Investment

Possible higher properties being auctioned or sell at lower market value after bank moratorium or even after the MCO (Movement Control Order).

Most of properties will be near by location of employees related to tourism and properties short term rent like AirBnb.

Building Your War Chest

In any investment you require cash in order to invest. So put aside saving from loan moratorium, EPF withdrawal as your war chest fund. Be patient.

Be Expert

Learn more about stocks and real estate investment, don’t simply invest.

For real estate, start monitor few locations that you are interested in. Look for the price movement and its surrounding. Invest in good locations.

References:

DOSM – Malaysia Tourism Y2018
Warren Buffet Sells Airlines Stocks

To take or No Loan Moratorium due to Covid 19

Due to Covid 19, Malaysian government decided to give loan moratorium for 6 months starting April till September 2020.

The moratorium applied to all banks under Bank Negara Malaysia and for individuals and SME who have housing loan, car loans or business loans. The moratorium will accrue all profit/interest from the loan.

At same time all commercial banks decided not to compound the interest accrued during this 6 months.

The moratorium is to ease financial burden to all affected Malaysians.

Let say we decided to take the moratorium. I would like to analyze for housing loan only.

So what we shall do the additional fund from the 6 months moratorium?
1) Use it if you really need it
2) Save it for emergency fund
3) Use it, to reduce your loan principal

Use The Saving from 6 Months Moratorium to Reduce Your Loan Principal

I would like to simulate what is the best way to reduce your principal. Options available as follows:
1) Use the accumulated fund to pay the principal by the end of moratorium
2) Use the monthly installment to reduce principal on monthly basis

Assumptions:

Loan Amount: RM100,000
Tenure: 30 years
Interest: 5% per annum
Monthly Installment: RM536.82

If no moratorium, the principal should be RM99,272 based on the amortization table.

housing loan amoritization for RM100k loan

1) Use the Accumulated Fund to Pay Principal by The End of Moratorium

No	Month	Principal (RM)	Profit / Interest (RM)
1	April 2020	100,000	416.67
2	May 2020	100,000	416.67
3	June 2020	100,000	416.67
4	July 2020	100,000	416.67
5	August 2020	100,000	416.67
6	September 2020	100,000	416.67

After 6 months:-
The accrued profit / interest: RM2,500
The accumulated fund saved from the monthly payment is: RM3,220.92

2) Use the Monthly Installment to Pay Principal On Monthly Basis

No	Month	Principal (RM)	Profit / Interest (RM)
1	April 2020	100,000.00	416.67
2	May 2020	99,463.18	414.43
3	June 2020	98,926.36	412.19
4	July 2020	98,389.54	409.96
5	August 2020	97,852.72	407.72
6	September 2020	97,315.90	405.48

After 6 months:-
The accrued profit / interest: RM2,466.45
The accumulated fund saved from the monthly payment is: 0

Which Option Is Better?

Principal	Amount after 6 Months (RM)	Comparison vs Do Nothing
Do nothing - principal amount based on normal amortization	99,272	100.00%
Use the accumulated fund to pay the principal by the end of moratorium	99,279	100.01%
Use the monthly installment to reduce principal on monthly basis	99,246	99.97%

There is not much difference in term of principal reduction.

Option (2) Use the monthly installment to pay principal on Monthly Basis is marginally better where it can reduce principal by 0.03%

How It Is Calculated?

Use the accumulated fund to pay the principal by the end of moratorium:

RM99,279 = RM100,000 (principal) + RM2,500 (accumulated interest) – RM3,220.92 (accumulated fund during 6 months moratorium)

Use the monthly installment to reduce principal on monthly basis:

RM99,246 = RM97,315.90 (principal on month 6) – RM536.82 (assuming reduce principal before starts interest charging from month 6 installment) + RM2,466.45 (accumulated interest)

Another Burner Flame Is Slowing

Order Burner Online and Delivery

Delivery Time

My New Burner

Cleaning Up the Kitchen Hob

My New Burner With Better Flame

Cost Comparison Buying New Kitchen Hob vs Replacing Burners

Conclusion

Where To Buy Elba Burner

During MCO Baskin Robbins Bukit Jelutong Only Open At 12:00PM

Long Queue at Baskin Robbins Aeon Shah Alam

Walk-In Order Only Pint or Quart

My Ice Cream Stocks till June 31st 2020

Half Gallon 31% Discount Available at Lazada

Received e-Voucher via Email

Yeah My Half Gallon

Baskin Robbins Opening Hour During MCO

Dry The Mirror

Apply Hot Glue

Make It Neat

The Repaired Mirror

Cost of Repair

Stocks Investment to Watch

Why banking?

Real Estate Investment

Building Your War Chest

Be Expert

References:

Lokasi

Steps to Create Hexagon Grid

1) Enable the Processing Toolbox

2) From the Processing Toolbox, select Create Grid

3) After setting the configuration as follows, click run:

4) After click Run, a hexagon grid layer will appear as follows:

5) Select Vector -> Research Tools -> Select by Location

6) Input the Configuratoin for Select by Location as follows, then click Run:

7)Then click Select Features using an expression -> Invert Feature Selection

8)After inversion, your hexagon grid would look like below:

9) Click Toggle Editing (pencil icon) then Delete (trash icon)

10) Final output would look like this

Steps to Reduce Housing Loan Principal

Notes

Use The Saving from 6 Months Moratorium to Reduce Your Loan Principal

1) Use the Accumulated Fund to Pay Principal by The End of Moratorium

2) Use the Monthly Installment to Pay Principal On Monthly Basis

Which Option Is Better?

How It Is Calculated?

Steps to make payment on Outstanding Purchases

List of Malaysian Banks That Give Loan Moratorium

Where To Apply Loan Moratorium