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> Young professionals and brothels the big debtors, say loan sharks

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TSNamelessone1973
post Today, 11:48 AM, updated 3h ago

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Brothel owners are bad paymasters, say loan sharks. But then, so are young professionals.

That’s because many young people are living beyond their means, even signing up with illegal moneylenders to buy luxury cars and clothes.

Speaking to FMT, an unlicensed moneylender, Sun T, said those who took out loans included young lawyers, accountants, doctors, secretaries and bank executives who have just started their professions.

“This is a worrying trend. They are really into the flashy lifestyle. They buy cars just to impress others. With job losses and pay cuts due to Covid-19, they are falling into the trap of indebtedness,” he said.

Sun said the ages of these debtors range from 25 to 35 and most used to earn upwards of RM15,000.

“If they say loan sharks are irresponsible, these young professionals are even more irresponsible. Their parents end up paying off their children’s debts,” he said.

Most, he said, would go for BMW, Mercedes-Benz and sporty vehicles as well as branded clothes.

“They are also into gambling,” he said.

Meanwhile, the oldest profession in the world is also going cold. The loan shark said most brothels in Kuala Lumpur and Selangor have shut down after foreign workers stopped using their services.

“Our clients who run brothels tell us that they have dropped hourly prices from RM30 to RM10, yet there are no takers,” he said.

This is because most foreign workers have either gone home or have been jobless since last year. Most brothels, he said, are in the midst of shutting down or have closed shop.

However, he said his clients who run high-end brothels are thriving. “These outlets are in the heart of Kuala Lumpur where VIPs literally throw money at girls,” he added.

A licensed moneylender said his clients in the Klang Valley have lost 35% of their business since the first MCO in March last year, causing a drop in collection too.

Sam, who has been in the business for 10 years, said most of his clients are traders from wet markets, goldsmiths, property agents, developers and sundry shop owners.

He said developers are suffering as some of their projects have been stalled since last year and they could not pay their debts.

“We are now taking them to court for not paying upwards of RM2 million borrowed last year,” he told FMT.

Sam said the new MCO announced yesterday will likely cause a chain reaction in the construction industry as other related industries and businesses such as cement, hardware, and transportation will also suffer.

Once the construction sector slows down, workers from cement factories and those producing raw materials for buildings, and quarry sites as well as lorry drivers will also be affected.

“A lot of hardware shops closed down last year and workers were laid off. It is a chain reaction. My clients are suffering and can’t pay us back,” he said.

He said many of his clients were doctors, dentists, lawyers, accountants and pilots.

“Some of them are out of jobs or face pay cuts and are unable to pay us. They give us their cars as collateral but since June last year, second-hand cars have no value. We do not accept them any more.”

Now, they either take gold, houses or land as collateral. “We are aware that prices of houses have dropped by 25% but we have a holding mechanism,” he said.

Since his company has the sustaining power, Sam said they would keep the assets and wait until prices go up again in two years or so.

“For homes that are going on auction, we sell them 30% below market price. We take what the client owes us and give them back the balance.”

Sam said parents are the best paymasters.

“They take less than RM10,000 to enrol their children in colleges. And they are the only ones who pay us on time every month,” he said.

https://www.msn.com/en-my/news/national/you...ocid=entnewsntp
ZeaXG
post Today, 11:49 AM

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You know you are in deep shit when even ah long is worried about your spending habits
emburrar
post Today, 11:51 AM

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cukur ah long ada mau tolong
ada sunset oren ada gaya
Slowpokeking
post Today, 11:52 AM

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So good time to be loan shark and businesses that sell red paint or chicken blood?
hyunterx
post Today, 11:53 AM

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QUOTE(Namelessone1973 @ May 5 2021, 11:48 AM)
Brothel owners are bad paymasters, say loan sharks. But then, so are young professionals.
*
insaplah okt 2feidei
TSNamelessone1973
post Today, 11:53 AM

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QUOTE(Slowpokeking @ May 5 2021, 11:52 AM)
So good time to be loan shark and businesses that sell red paint or chicken blood?
*
I think they also suffer economic downturn. A lot more bad paymaster nowadays.
EdEd
post Today, 11:53 AM

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ah long can charge people in court?
H3artBreakKid
post Today, 11:53 AM

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They should have all in crypto after borrowing.

BBB UUU whistling.gif

Can instantly flip and pay ah long back.
ohman
post Today, 11:53 AM

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That’s because many young people are living beyond their means, even signing up with illegal moneylenders to buy luxury cars and clothes.

Speaking to FMT, an unlicensed moneylender, Sun T, said those who took out loans included young lawyers, accountants, doctors, secretaries and bank executives who have just started their professions.




friedricetheman where do they lelong their expensive watches hmm.gif
ohman
post Today, 11:54 AM

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QUOTE(H3artBreakKid @ May 5 2021, 11:53 AM)
They should have all in crypto after borrowing.

BBB UUU whistling.gif

Can instantly flip and pay ah long back.
*
they all in glove


cry.gif cry.gif bye.gif bye.gif
pobox
post Today, 11:54 AM

Casual
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OKT is now considered as professional? Noice
elm0001
post Today, 11:54 AM

I'm Tyrion Lannister's whore
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topkek thought this was another tered by Jason aka horrypredator
Slowpokeking
post Today, 11:56 AM

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QUOTE(Namelessone1973 @ May 5 2021, 11:53 AM)
I think they also suffer economic downturn. A lot more bad paymaster nowadays.
*
I thank my lucky stars that I still live in a bubble and my otaku lifestyle expenses way low compared to my pay grade.
gogocan
post Today, 11:57 AM

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ah long very good..very caring.
persona93
post Today, 11:57 AM

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hourly RM10 also no takers ka lol
Pichu00
post Today, 11:58 AM

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QUOTE(H3artBreakKid @ May 5 2021, 11:53 AM)
They should have all in crypto after borrowing.

BBB UUU whistling.gif

Can instantly flip and pay ah long back.
*
Petronas should all in
LamboSama
post Today, 11:59 AM

Casual
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QUOTE(ZeaXG @ May 5 2021, 11:49 AM)
You know you are in deep shit when even ah long is worried about your spending habits
*
Is gambling considered a spending? laugh.gif
lopo90
post Today, 12:02 PM

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To me, it's really mind boggling to see people my age borrowing and getting into debt

Even I know better not to get into debt because my freedom is at stake

Wtf were they thinking. So fun to borrow money ah??
Avex
post Today, 12:06 PM

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malaysia now thriving on scamming industry. we should scam indon now

This post has been edited by Avex: Today, 12:06 PM
lakini80
post Today, 12:07 PM

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ada pinjam ada bayar...
lopo90
post Today, 12:07 PM

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QUOTE
Now, they either take gold, houses or land as collateral. “We are aware that prices of houses have dropped by 25% but we have a holding mechanism,” he said.


Sien, looks like a lot of people still got holding power. My dream of seeing real estate bubble pop very unlikely now

Nice to know that gold still perceived as a safe asset despite the low price
Cincai lar
post Today, 12:11 PM

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young professional take loan from ah long,.. sure boh,???.. got payslip cannot get personal loan from bank ??
cursetheroad01
post Today, 12:11 PM

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Wait wait why are these articles commenting on prostitution in Malaysia like it's legal?
CoffeeDude
post Today, 12:11 PM

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QUOTE(ZeaXG @ May 5 2021, 11:49 AM)
You know you are in deep shit when even ah long is worried about your spending habits
*
ah long become financial planner already
help people restructure their debts
convert liabilities to assets

Bug Juice
post Today, 12:12 PM

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QUOTE(ohman @ May 5 2021, 11:53 AM)
That’s because many young people are living beyond their means, even signing up with illegal moneylenders to buy luxury cars and clothes.
Topkek at pinjam ah long to buy car

I thought when they have the ability to earn up to 15k a month they ain't some dumb niggers

What were they thinking when they hand over the debit card
ohman
post Today, 12:15 PM

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QUOTE(CoffeeDude @ May 5 2021, 12:11 PM)
ah long become financial planner already
help people restructure their debts
convert liabilities to assets
*
laugh.gif laugh.gif laugh.gif laugh.gif laugh.gif


shitty clients forcing them to do value adding stuff laugh.gif laugh.gif
ZforZebra
post Today, 12:16 PM

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ok je. i spend beyond my means. no hutang to anybody. other than legal ah long institution
hammer2020
post Today, 12:16 PM

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Even brothels are seeing a K shaped recovery….

QUOTE(Namelessone1973 @ May 5 2021, 11:48 AM)
Brothel owners are bad paymasters, say loan sharks. But then, so are young professionals.

That’s because many young people are living beyond their means, even signing up with illegal moneylenders to buy luxury cars and clothes.

Speaking to FMT, an unlicensed moneylender, Sun T, said those who took out loans included young lawyers, accountants, doctors, secretaries and bank executives who have just started their professions.

“This is a worrying trend. They are really into the flashy lifestyle. They buy cars just to impress others. With job losses and pay cuts due to Covid-19, they are falling into the trap of indebtedness,” he said.

Sun said the ages of these debtors range from 25 to 35 and most used to earn upwards of RM15,000.

“If they say loan sharks are irresponsible, these young professionals are even more irresponsible. Their parents end up paying off their children’s debts,” he said.

Most, he said, would go for BMW, Mercedes-Benz and sporty vehicles as well as branded clothes.

“They are also into gambling,” he said.

Meanwhile, the oldest profession in the world is also going cold. The loan shark said most brothels in Kuala Lumpur and Selangor have shut down after foreign workers stopped using their services.

“Our clients who run brothels tell us that they have dropped hourly prices from RM30 to RM10, yet there are no takers,” he said.

This is because most foreign workers have either gone home or have been jobless since last year. Most brothels, he said, are in the midst of shutting down or have closed shop.

However, he said his clients who run high-end brothels are thriving. “These outlets are in the heart of Kuala Lumpur where VIPs literally throw money at girls,” he added.

A licensed moneylender said his clients in the Klang Valley have lost 35% of their business since the first MCO in March last year, causing a drop in collection too.

Sam, who has been in the business for 10 years, said most of his clients are traders from wet markets, goldsmiths, property agents, developers and sundry shop owners.

He said developers are suffering as some of their projects have been stalled since last year and they could not pay their debts.

“We are now taking them to court for not paying upwards of RM2 million borrowed last year,” he told FMT.

Sam said the new MCO announced yesterday will likely cause a chain reaction in the construction industry as other related industries and businesses such as cement, hardware, and transportation will also suffer.

Once the construction sector slows down, workers from cement factories and those producing raw materials for buildings, and quarry sites as well as lorry drivers will also be affected.

“A lot of hardware shops closed down last year and workers were laid off. It is a chain reaction. My clients are suffering and can’t pay us back,” he said.

He said many of his clients were doctors, dentists, lawyers, accountants and pilots.

“Some of them are out of jobs or face pay cuts and are unable to pay us. They give us their cars as collateral but since June last year, second-hand cars have no value. We do not accept them any more.”

Now, they either take gold, houses or land as collateral. “We are aware that prices of houses have dropped by 25% but we have a holding mechanism,” he said.

Since his company has the sustaining power, Sam said they would keep the assets and wait until prices go up again in two years or so.

“For homes that are going on auction, we sell them 30% below market price. We take what the client owes us and give them back the balance.”

Sam said parents are the best paymasters.

“They take less than RM10,000 to enrol their children in colleges. And they are the only ones who pay us on time every month,” he said.

https://www.msn.com/en-my/news/national/you...ocid=entnewsntp
*
TSNamelessone1973
post Today, 12:21 PM

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QUOTE(Cincai lar @ May 5 2021, 12:11 PM)
young professional take loan from ah long,.. sure boh,???.. got payslip cannot get personal loan from bank ??
*
They must already be blacklisted by banks. A lot of them already max out their credit card and servicing multiple personal loans.
WannaGetBuffed
post Today, 12:21 PM

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Why ah long cut onions at the end

never knew parents willing to loan from ah long just to futher thier kids education

salute
Syie9^_^
post Today, 12:22 PM

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remind me of YBB.

Syie9^_^
post Today, 12:24 PM

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QUOTE(ohman @ May 5 2021, 01:45 PM)
laugh.gif  laugh.gif  laugh.gif  laugh.gif  laugh.gif
shitty clients forcing them to do value adding stuff  laugh.gif  laugh.gif
*
actually also good. Help to make bank earn less.
Zer0 c00L
post Today, 12:27 PM

i haz hammer!
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cukur ah long prihatin give sound advice
poks
post Today, 12:30 PM

--[2013 : Going Farming]--
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Kasihan along
blanket84
post Today, 12:40 PM

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QUOTE(EdEd @ May 5 2021, 11:53 AM)
ah long  can charge people in court?
*
Legal Ah Long can.
ihm11
post Today, 12:48 PM

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gud lah, kolos shop lelong clearance sale ayam go sapu
thesoothsayer
post Today, 12:51 PM

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A worrying trend. Ah long said it. Right.
bearbearwong
post Today, 12:54 PM

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QUOTE(Namelessone1973 @ May 5 2021, 11:48 AM)
Brothel owners are bad paymasters, say loan sharks. But then, so are young professionals.

That’s because many young people are living beyond their means, even signing up with illegal moneylenders to buy luxury cars and clothes.

Speaking to FMT, an unlicensed moneylender, Sun T, said those who took out loans included young lawyers, accountants, doctors, secretaries and bank executives who have just started their professions.

“This is a worrying trend. They are really into the flashy lifestyle. They buy cars just to impress others. With job losses and pay cuts due to Covid-19, they are falling into the trap of indebtedness,” he said.

Sun said the ages of these debtors range from 25 to 35 and most used to earn upwards of RM15,000.

“If they say loan sharks are irresponsible, these young professionals are even more irresponsible. Their parents end up paying off their children’s debts,” he said.

Most, he said, would go for BMW, Mercedes-Benz and sporty vehicles as well as branded clothes.

“They are also into gambling,” he said.

Meanwhile, the oldest profession in the world is also going cold. The loan shark said most brothels in Kuala Lumpur and Selangor have shut down after foreign workers stopped using their services.

“Our clients who run brothels tell us that they have dropped hourly prices from RM30 to RM10, yet there are no takers,” he said.

This is because most foreign workers have either gone home or have been jobless since last year. Most brothels, he said, are in the midst of shutting down or have closed shop.

However, he said his clients who run high-end brothels are thriving. “These outlets are in the heart of Kuala Lumpur where VIPs literally throw money at girls,” he added.

A licensed moneylender said his clients in the Klang Valley have lost 35% of their business since the first MCO in March last year, causing a drop in collection too.

Sam, who has been in the business for 10 years, said most of his clients are traders from wet markets, goldsmiths, property agents, developers and sundry shop owners.

He said developers are suffering as some of their projects have been stalled since last year and they could not pay their debts.

“We are now taking them to court for not paying upwards of RM2 million borrowed last year,” he told FMT.

Sam said the new MCO announced yesterday will likely cause a chain reaction in the construction industry as other related industries and businesses such as cement, hardware, and transportation will also suffer.

Once the construction sector slows down, workers from cement factories and those producing raw materials for buildings, and quarry sites as well as lorry drivers will also be affected.

“A lot of hardware shops closed down last year and workers were laid off. It is a chain reaction. My clients are suffering and can’t pay us back,” he said.

He said many of his clients were doctors, dentists, lawyers, accountants and pilots.

“Some of them are out of jobs or face pay cuts and are unable to pay us. They give us their cars as collateral but since June last year, second-hand cars have no value. We do not accept them any more.”

Now, they either take gold, houses or land as collateral. “We are aware that prices of houses have dropped by 25% but we have a holding mechanism,” he said.

Since his company has the sustaining power, Sam said they would keep the assets and wait until prices go up again in two years or so.

“For homes that are going on auction, we sell them 30% below market price. We take what the client owes us and give them back the balance.”

Sam said parents are the best paymasters.

“They take less than RM10,000 to enrol their children in colleges. And they are the only ones who pay us on time every month,” he said.

https://www.msn.com/en-my/news/national/you...ocid=entnewsntp
*
kind of confirm it.. young professionals team need to boost, fakely boost themselves... actually there are oversupply of labours including professionals...

BMW/Mercz and style of living applies to all ppl not only professionals...

demand on oldest profession are fierce look at the websites and offers in what-aspp/mi-char/telegrammes and etc... till and extend.. even beauty pagent lose out.. wife at home surely lose out, even gf also lose out...

RE sectors before covid 19 already gg.com as expected, unless price adjustment of 20-30% from the purcahse price NOT market value/selling price/asking price..

condition will go on.. some sectors prosper greatly.. and powerfully...
bearbearwong
post Today, 12:55 PM

Look at all my stars!!
*******
QUOTE(ohman @ May 5 2021, 12:15 PM)
laugh.gif  laugh.gif  laugh.gif  laugh.gif  laugh.gif
shitty clients forcing them to do value adding stuff  laugh.gif  laugh.gif
*
ask big bro China to flood Malaysian with cash and keep liquidity and spending onwards... win win for Malaysia...
Timemuffin
post Today, 12:56 PM

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This ah long sounds like a reasonable chap

Also, anybody know where them high end brothels at? Asking for a friend
J1g54w
post Today, 12:57 PM

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YBB mohon pencerahan
teikboon
post Today, 12:59 PM

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ah long pun geleng
WaterBuffalo
post Today, 01:02 PM

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A street-smart economist once told me that brothels and spa are the dipstick of the economy. Usually if the economy is good and share market is going up, brothel and spa business will be good. That’s why year 1998 to 2010 that period, health spa and massage and brothel business is booming.

Word has it this street-smart economist is now a full time grab driver.
scorgio
post Today, 01:04 PM

Look at all my stars!!
*******
My friend who owned a workshop once told me, a young lawyer bought a recond Audi TT, then brought it to him to replace the absorbers, arms etc.

Total bill RM6k+, he asked for 4 mths installment. Not every month pay RM1.5k+ u know. It's RM500 for 1st 3 mths, last month pay the rest. Because it's Sept then, the guy said he's expecting 6mths bonus end of December.
heathcliffx
post Today, 01:13 PM

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tumpang.. who need help can pm me... serious one...
andrekua2
post Today, 01:17 PM

Look at all my stars!!
*******
Using my imagination how the 'RM10 per hour' will looks like....
alexkos
post Today, 01:22 PM

Look at all my stars!!
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Ah long also need think twice when borrow... Prove that they manage money well

Kecian
jianh
post Today, 01:31 PM

What custom title???
*****
U no impress others in kl area, how to kao loi o

no flashy cars u simpat kulit la
reversependulum
post Today, 01:49 PM

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along more honest that bankers.

throwaway account
post Today, 01:50 PM

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malaysia got Brothels meh? this is singapore news ka?
TSNamelessone1973
post Today, 01:52 PM

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QUOTE(andrekua2 @ May 5 2021, 01:17 PM)
Using my imagination how the 'RM10 per hour' will looks like....
*
Rosmah? biggrin.gif
cHaRsIeWpAu^^
post Today, 01:56 PM

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QUOTE(andrekua2 @ May 5 2021, 01:17 PM)
Using my imagination how the 'RM10 per hour' will looks like....
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user posted image
whyamiblack
post Today, 01:59 PM

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LOOOOOOOOOOOOOOOOL

This is the so called "fancy life to build network"

Oh man someone really should post up that stupid video from that car guy telling fresh grad to get a damn z4
nikkokl
post Today, 02:06 PM

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QUOTE(whyamiblack @ May 5 2021, 01:59 PM)
LOOOOOOOOOOOOOOOOL

This is the so called "fancy life to build network"

Oh man someone really should post up that stupid video from that car guy telling fresh grad to get a damn z4
*
Pls don't give him more views
chiwawa10
post Today, 02:13 PM

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QUOTE(Slowpokeking @ May 5 2021, 11:52 AM)
So good time to be loan shark and businesses that sell red paint or chicken blood?
*
Good time to be debt collector. Go get some tattoo on your body first... biggrin.gif
gladfly
post Today, 02:27 PM

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Yolo...

So now its reality check time
Kylow
post Today, 02:29 PM

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Ah long worked at financial advisory before
Mocha_86
post Today, 02:36 PM

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What kind of peer pressure are they facing until need to borrow ahlong to impress others. Professionals also need to go through tough few years only earn big bucks ma, y not tahan a bit first leh sad.gif myvi also gooding what
alternativehype
post Today, 02:46 PM

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QUOTE(Mocha_86 @ May 5 2021, 02:36 PM)
What kind of peer pressure are they facing until need to borrow ahlong to impress others. Professionals also need to go through tough few years only earn big bucks ma, y not tahan a bit first leh sad.gif myvi also gooding what
*
This one social media punya pasal. Everyone sees everyone flashing their nice cars, fine dining, holidays at exotic location, expensive gym membership, health supplements etc. on instagram. Youngsters cannot tahan, thinking that this is the norm.

And then it all spirals downwards... shakehead.gif
tifosi
post Today, 02:48 PM

Friend is someone to share last Cookie with!
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QUOTE(Mocha_86 @ May 5 2021, 02:36 PM)
What kind of peer pressure are they facing until need to borrow ahlong to impress others. Professionals also need to go through tough few years only earn big bucks ma, y not tahan a bit first leh sad.gif myvi also gooding what
*
How to impress chick if drive Myvi. At least BMW. Mana ada face if someone reconigised you at a hawker. At least cafe bare minimum. How can you be spotted using an Mi phone. At least iPhone 12 Pro with 3 cameras.
TSNamelessone1973
post Today, 02:49 PM

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QUOTE(Mocha_86 @ May 5 2021, 02:36 PM)
What kind of peer pressure are they facing until need to borrow ahlong to impress others. Professionals also need to go through tough few years only earn big bucks ma, y not tahan a bit first leh sad.gif myvi also gooding what
*
1 year 2 or 3 trips overseas. Overseas must be places like Europe, US or minimum Japan. No cuti-cuti Malaysia.

Car must be Audi, BMW or minimum Camry or Accord. Myvi? No facelar.

Everyday come to office must have a cup of Starbucks in hand. Come back from lunch another cup.

Breakfast, lunch and dinner all at fancy restaurant. No chap fan or food courts.

Dating must go fine dining. No way they will be caught eating McD.

Handphone change every year. No China brands. Apple or minimum flagship Galaxy phones.

For guys, must get the latest gadget such as notebook, consoles, etc.

For girls, must get branded bags and cloths.





Strike
post Today, 03:05 PM

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Speaking to FMT, an unlicensed moneylender, Sun T, said those who took out loans included young lawyers, accountants, doctors, secretaries and bank executives who have just started their professions.

“This is a worrying trend..."

syukur ahlong worried laugh.gif


TSNamelessone1973
post Today, 03:06 PM

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QUOTE(Strike @ May 5 2021, 03:05 PM)
Speaking to FMT, an unlicensed moneylender, Sun T, said those who took out loans included young lawyers, accountants, doctors, secretaries and bank executives who have just started their professions.

“This is a worrying trend..."

syukur ahlong worried laugh.gif
*
Our economy is really screwed when Ah Long is worried biggrin.gif
bashlyner
post Today, 03:10 PM

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Inb4 Ah Long's henchman cannot afford to pay their own debt Ah Long unable to find staff to spray red paint
Strike
post Today, 03:13 PM

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QUOTE(Namelessone1973 @ May 5 2021, 03:06 PM)
Our economy is really screwed when Ah Long is worried  biggrin.gif
*
of course they worried, they know those dumbfaks now wanna yolo and die

and nowadays cant always force loved ones autopay for the dumbfaks

biz making loss laugh.gif
Mocha_86
post Today, 03:20 PM

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QUOTE(alternativehype @ May 5 2021, 02:46 PM)
This one social media punya pasal. Everyone sees everyone flashing their nice cars, fine dining, holidays at exotic location, expensive gym membership, health supplements etc. on instagram. Youngsters cannot tahan, thinking that this is the norm.

And then it all spirals downwards...  shakehead.gif
*
I knew a lot of people in my circle whom are very prone to external validation, need to do whatever society decided as a norm, and posting it as accomplishment in social media. It's a neverending chase for recognition among peers. Sometimes its borderline cringey to watch. Though I'm happy for them if they really enjoy the feat or achievement.

not that i remove my fagbook because im inactive in it, its just that sometime when i open, i feel bad when i realized those whom used the platform to brag is suffering because its just too steep of a move for them to step down. Maybe this is why they need more money to stay relevant. hmm.gif

QUOTE(tifosi @ May 5 2021, 02:48 PM)
How to impress chick if drive Myvi. At least BMW. Mana ada face if someone reconigised you at a hawker. At least cafe bare minimum. How can you be spotted using an Mi phone. At least iPhone 12 Pro with 3 cameras.
*
true dat.
It's definitely cooler if i can drive bmw around and impress chicks in college and workplace. Totally understandable.
Still, im curious with the guts they have to enter agreement with loan shark and borrow money. Just the thought of it makes me scared. If girl go to ahlong, even more brave.

QUOTE(Namelessone1973 @ May 5 2021, 02:49 PM)
1 year 2 or 3 trips overseas. Overseas must be places like Europe, US or minimum Japan. No cuti-cuti Malaysia.

Car must be Audi, BMW or minimum Camry or Accord. Myvi? No facelar.

Everyday come to office must have a cup of Starbucks in hand. Come back from lunch another cup.

Breakfast, lunch and dinner all at fancy restaurant. No chap fan or food courts.

Dating must go fine dining. No way they will be caught eating McD.

Handphone change every year. No China brands. Apple or minimum flagship Galaxy phones.

For guys, must get the latest gadget such as notebook, consoles, etc.

For girls, must get branded bags and cloths.
*
And i thought go eat McD is actually quite impressive. It's quite pricey yo.

I wonder if the loan shark do track their fagbook and instagram account to see how they spend the borrowed money icon_idea.gif
shakehead.gif
TSNamelessone1973
post Today, 03:25 PM

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QUOTE(Mocha_86 @ May 5 2021, 03:20 PM)
I knew a lot of people in my circle whom are very prone to external validation, need to do whatever society decided as a norm, and posting it as accomplishment in social media. It's a neverending chase for recognition among peers. Sometimes its borderline cringey to watch. Though I'm happy for them if they really enjoy the feat or achievement.

not that i remove my fagbook because im inactive in it, its just that sometime when i open, i feel bad when i realized those whom used the platform to brag is suffering because its just too steep of a move for them to step down. Maybe this is why they need more money to stay relevant. hmm.gif
true dat.
It's definitely cooler if i can drive bmw around and impress chicks in college and workplace. Totally understandable.
Still, im curious with the guts they have to enter agreement with loan shark and borrow money. Just the thought of it makes me scared. If girl go to ahlong, even more brave.
And i thought go eat McD is actually quite impressive. It's quite pricey yo.

I wonder if the loan shark do track their fagbook and instagram account to see how they spend the borrowed money  icon_idea.gif
shakehead.gif
*
Nowadays, some college students already consider McD low class. Standard is slightly higher than food court only.
Rusty Nail
post Today, 03:26 PM

Why am I still here?
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QUOTE(Namelessone1973 @ May 5 2021, 02:49 PM)
1 year 2 or 3 trips overseas. Overseas must be places like Europe, US or minimum Japan. No cuti-cuti Malaysia.

Car must be Audi, BMW or minimum Camry or Accord. Myvi? No facelar.

Everyday come to office must have a cup of Starbucks in hand. Come back from lunch another cup.

Breakfast, lunch and dinner all at fancy restaurant. No chap fan or food courts.

Dating must go fine dining. No way they will be caught eating McD.

Handphone change every year. No China brands. Apple or minimum flagship Galaxy phones.

For guys, must get the latest gadget such as notebook, consoles, etc.

For girls, must get branded bags and cloths.
*
lel, 2 setabak everyday

GG legs
Prometric
post Today, 03:30 PM

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This Ah long sounds alot smarter than our politician
fu'house
post Today, 03:33 PM

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This Ah Loong bodo. Girl lender can sell to vvip client pay back while utilizing lubang.


Pretty sure got VIP kaya love some asses too. Cannot deal a business with ass and VIP demand?
friedricetheman
post Today, 03:37 PM

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QUOTE(ohman @ May 5 2021, 11:53 AM)
That’s because many young people are living beyond their means, even signing up with illegal moneylenders to buy luxury cars and clothes.

Speaking to FMT, an unlicensed moneylender, Sun T, said those who took out loans included young lawyers, accountants, doctors, secretaries and bank executives who have just started their professions.
friedricetheman where do they lelong their expensive watches hmm.gif
*
Most probably sell it to Wing Wah or any of the many watch resellers when they are desperate for cash.

Most don’t realize that these expensive watches require expensive servicing. Just like cars. When you buy one, it’s not the price tag that will kill you, it’s the servicing.

In the long run, the cost of servicing a watch over a period of 20 years is more than the initial price of the watch.
TSNamelessone1973
post Today, 03:44 PM

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QUOTE(fu'house @ May 5 2021, 03:33 PM)
This Ah Loong bodo. Girl lender can sell to vvip client pay back while utilizing lubang.
Pretty sure got VIP kaya love some asses too. Cannot deal a business with ass and VIP demand?
*
You think all girl lender look like Blackpink and all guy lender look like Syed Saddick?

Most nak jual also no marketlar!
fu'house
post Today, 03:46 PM

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QUOTE(Namelessone1973 @ May 5 2021, 03:44 PM)
You think all girl lender look like Blackpink and all guy lender look like Syed Saddick?

Most nak jual also no marketlar!
*
Can still sell lah. Cheaper for VIP but fresh ass and lubang. Use imagination lah if BlackPink Lisa or handsome BTS fella.

Advised not to look at them la while doing them duhh.
ohman
post Today, 03:48 PM

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QUOTE(friedricetheman @ May 5 2021, 03:37 PM)
Most probably sell it to Wing Wah or any of the many watch resellers when they are desperate for cash.

Most don’t realize that these expensive watches require expensive servicing. Just like cars. When you buy one, it’s not the price tag that will kill you, it’s the servicing.

In the long run, the cost of servicing a watch over a period of 20 years is more than the initial price of the watch.
*
actually, watches like submariner ( divers watch ), what will happen after 5 years of casual wearing, without servicing?

hmm.gif
keyibukeyi
post Today, 03:55 PM

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pinjam to join MLM ka, the returns is mind blowing
Baconateer
post Today, 03:56 PM

Meh..... (TM)
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QUOTE(alternativehype @ May 5 2021, 02:46 PM)
This one social media punya pasal. Everyone sees everyone flashing their nice cars, fine dining, holidays at exotic location, expensive gym membership, health supplements etc. on instagram. Youngsters cannot tahan, thinking that this is the norm.

And then it all spirals downwards...  shakehead.gif
*
i wouldnt say is solely social medias fault...

sometimes is peer pressure too.. from colleagues/friends..

but ultimately.. thy can only blame themselves for having poor self-discipline.
friedricetheman
post Today, 04:15 PM

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QUOTE(ohman @ May 5 2021, 03:48 PM)
actually,  watches like submariner ( divers watch ), what will happen after 5 years of casual wearing, without servicing?

hmm.gif
*
If it’s your only watch and you wear it daily? It would stop working after the 2nd year. You can still wear it but it won’t tell the correct time.

The only reason why most collectors can stretch the Service interval to 5 years sometimes is because we hardly wear the watch.
hanat
post Today, 04:29 PM

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Kami along bukit beruntung...
bill11
post Today, 04:31 PM

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QUOTE(Timemuffin @ May 5 2021, 12:56 PM)
This ah long sounds like a reasonable chap

Also, anybody know where them high end brothels at? Asking for a friend
*
Please help him. anyone.
h4r8_kIlLeR
post Today, 04:44 PM

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QUOTE(lopo90 @ May 5 2021, 01:02 PM)
To me, it's really mind boggling to see people my age borrowing and getting into debt

Even I know better not to get into debt because my freedom is at stake

Wtf were they thinking. So fun to borrow money ah??
*

buahbesar P
post Today, 04:48 PM

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I used to think that Alongs and Jiken shops are same owner...
CertifiedHomphobe
post Today, 04:51 PM

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QUOTE(persona93 @ May 5 2021, 11:57 AM)
hourly RM10 also no takers ka lol
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I want to take. Tell me where
knumskul
post Today, 05:59 PM

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QUOTE(Namelessone1973 @ May 5 2021, 12:21 PM)
They must already be blacklisted by banks. A lot of them already max out their credit card and servicing multiple personal loans.
*
Many of these are bankers themselves. They rather get into debt to maintain their lavish lifestyles, instead of toning it down. This is when their bonus takes a hit, not even talking about salary yet.

"Look rich/successful then you can become rich/successful" mindset at play.

Heard many rumours about this few years ago. I'd imagine it will be much worse now.
knumskul
post Today, 06:01 PM

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QUOTE(friedricetheman @ May 5 2021, 04:15 PM)
If it’s your only watch and you wear it daily? It would stop working after the 2nd year. You can still wear it but it won’t tell the correct time.

The only reason why most collectors can stretch the Service interval to 5 years sometimes is because we hardly wear the watch.
*
Is this only for watches that atas?

Have a low end Tag and only serviced it after 11 years. Time always matched phone time.
friedricetheman
post Today, 06:38 PM

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QUOTE(knumskul @ May 5 2021, 06:01 PM)
Is this only for watches that atas?

Have a low end Tag and only serviced it after 11 years. Time always matched phone time.
*
Quartz? No need to service quartz watches. Just replace battery, can already.

Edit : Rolex 3135 movements have a problem with the winding shaft rubbing against the rotor . Over time, the axle will grind against the shaft until nothing left. The Daytona managed to beat this problem by installing ball bearings to the winding rotor. Newer 3235 movements also have ball bearings installed to mitigate this issue.

ETA movements (like the one inside your Tag Heuer) all have ball bearings. It’s noisy. Yes. But it extend the life of your movement.

For finer movements from Patek Philippe and Audemars Piguet, a shorter service interval is recommended due to the ultra thin movement. Some parts are paper thin and will wear through if not serviced on time.

ETA is thicker and have more robust parts.

This post has been edited by friedricetheman: Today, 06:55 PM
Phoenix_KL
post Today, 06:45 PM

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QUOTE(buahbesar @ May 5 2021, 04:48 PM)
I used to think that Alongs and Jiken shops are same owner...
*
i saw gov anti cetak rompak PSA.
They show cetak rompak, ayam, ah long, gangster and dadah all same boss. icon_idea.gif

This post has been edited by Phoenix_KL: Today, 06:46 PM
knumskul
post Today, 07:04 PM

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QUOTE(friedricetheman @ May 5 2021, 06:38 PM)
Quartz? No need to service quartz watches. Just replace battery, can already.

Edit : Rolex 3135 movements have a problem with the winding shaft rubbing against the rotor . Over time, the axle will grind against the shaft until nothing left. The Daytona managed to beat this problem by installing ball bearings to the winding rotor. Newer 3235 movements also have ball bearings installed to mitigate this issue.

ETA movements (like the one inside your Tag Heuer) all have ball bearings. It’s noisy. Yes. But it extend the life of your movement.

For finer movements from Patek Philippe and Audemars Piguet, a shorter service interval is recommended due to the ultra thin movement. Some parts are paper thin and will wear through if not serviced on time.

ETA is thicker and have more robust parts.
*
Automatic Aquaracer. Yea I know quartz watches don't need to be serviced.

Unsure how noisy you mean, but I don't notice it. Don't have anything else to compare it with.

What are the benefits of finer movement watches? I'm sure there'll be a trade-off for paper thin parts mentioned.
thunderloh
post Today, 07:09 PM

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“Our clients who run brothels tell us that they have dropped hourly prices from RM30 to RM10, yet there are no takers,” he said.

This one really desperate case already. We really need to help them out. smile.gif
friedricetheman
post Today, 07:17 PM

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QUOTE(knumskul @ May 5 2021, 07:04 PM)
Automatic Aquaracer. Yea I know quartz watches don't need to be serviced.

Unsure how noisy you mean, but I don't notice it. Don't have anything else to compare it with.

What are the benefits of finer movement watches? I'm sure there'll be a trade-off for paper thin parts mentioned.
*
Rolex 3135 movement are silent. You can’t even feel the rotor winding. It basically feels like a quartz watch. No sound, no vibrations to show that the rotor is winding. ETA has a slight vibration when you flick your wrist. That’s from the rotor winding around.

Thinner movements = thinner watches.

Also, paper thin parts = more parts can be squeezed into a movement which basically means more functions can be added into a very tiny and thin watch.

Also, finer movements are better finished as they are all hand finished. A lot of finishing techniques needs to be done by hand. Expensive watches also have movements which are finished and decorated even on parts which are hidden from view. They hand finished every single component before assembling it all together.

Cheaper watches, even Grand Seikos, don’t apply any decorations or finishing on parts deep inside the movement and movement plate which are normally hidden from view.

 

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