Tuesday February 14, 2012

huberts2's past comments

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    huberts2

    Just be patient. JAL/Jetstar will operate from late 2012 and there may then be competition. You can now buy a Jetstar return ticket from Narita to Manila Yen35,000 ( for some days ), time 5 hours

    Posted in: AirAsia-ANA win approval for budget carrier in Japan

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    huberts2

    To tokyokawasaki - why do you suppose this? The company is not ( or ought not ) be under the control of the past executives but rather the major shareholders who have real money to lose ( or in this case recover ). I doubt they are fools and have already shown their consideration of the situation by not appointing Woodford ( who has been obviously strongly endeavouring to have himself appointed to the top job - perhaps understandably). This is not the time for sentiment and we should wait and see who does get the job; I shall be most surprised if it goes to someone other than a real "heavy".

    Posted in: Woodford to sue Olympus, citing lack of investor support to get his job back

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    huberts2

    Woodford did a good job in disclosing the situation. However restructuring the Group as well as dealing with the many issues now facing the company and it's ( genuine ) investors is not within the reported experience of Woodford. As much as the investors have appreciated the uncovering they now want a "heavy" ( legal and financial orientated executive ) to clean up. For this purpose Woodford is too close and too biased ( understandably ); I said this at the beginning of this reporting.

    Posted in: Woodford to sue Olympus, citing lack of investor support to get his job back

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    huberts2

    The comments above are right and wrong, in my opinion. Yes a new man is needed but Woodford, notwithstanding his "guts" in making this disclosure, is too close and reasonably, it might be said, biased. Sure he may have some insights as to the operations but it needs a new head and a guy with wide financial and business experience to take on the task. It is on everyone's lips - what didn't the Auditors do? Reports indicate both KPMG and E@Y indicated faults in accounting ( that's a mild expression !) in the subsidiaries that they audited as required by the accounting standards applicable to the subs. However Olympus standards are those of Japan and however much they have been improved in the last few years they were woeful in the past and well below the standard of other advanced countries standards. It is most likely and probable that they reported according to their legal requirement. It is suggested that having been informed by the auditors of their unease, (see the reports on the subs accounts ) the responsibility fell upon the directors to advise S.E. and shareholders.

    Posted in: Olympus delays results amid probe; faces delisting

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    huberts2

    As I read the posts there are no experts coming forward to give a clear guidnce as to the Japanese law on this situation and my contribution will add little, meaning almost nothing. But on the face of it there has been some evidence of transactions of such significant magnitude (and which even the company suggests need to examined) that to say they at least border on not being genuinely incurred expenditure. As to whether it is the FSA or it's branch being the Japanese SESC responsible to look at this it not clear. There are however many necessities in an investigation including without limitation, access to documents, calling of witnesses, orders to prevent disposal of evidence, requiring evidence under oath etc etc. Any evidence collected will be worthless in a subsequent civil or criminal proceeding. The committee appointed to investigate has no legal powers which might be accepted by a court, not even to require officers and excutives to ( even! ) talk. It has already been shown that the minutes of meetings, and of course only those which were created and still exist, and money movements just emphasise the problem and that is all the committee will see. What is the object of the committee - to confirm the transactions as being "reasonable" or to open up the company and executives to claims of "abuse". Just can't imagine the second. Best of luck.

    Posted in: Scandal-hit Olympus sets up panel to examine legality of deals

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    huberts2

    From a forecast of 30bill. profit to 300 bill.loss! The loss did not occur overnight ! and ought to have been reported to the stock exchange and warnings given when foreseen. Have a good look at the shareholder movements between the time of the profit forecast and this loss announcement. This is scandalous and in the case of a company listed on a "western" exchange would result in the Directors and the company suffering significant penalties. Panasonic doesn't have "teenager" bookkeeping which results in discovery of a loss at the day final accounts are prepared.

    Posted in: Panasonic expected to post Y300 bil loss

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    huberts2

    to Mexicano - Qantas is a privately owned company and is well run and one of the few airline companies in the world which paying it's way, domestically. There is no argument that it pays it's employees and pilots better than most. But it competes with airlines from "everywhere" when it comes to international business and those airlines are invariably govt. owned or fully supported by a foreign government - and those foreign airlines run from much cheaper centres than Australia. Qantas has been screwed for months and months by unreasonable unions ( described by the court as such ) and affected by strikes in customs and immigration staff. So what should Qantas do but say enough is enough and stop. As the news reports, this withdrawal to the court for support was the right course to take. There will be those passengers who complain ( fairly so ) but the blame shouldn't be with Qantas but with "you know who". If you have "travelled", meaning if you have been around for a few years, you will know that there are more often complaints with other airlines than Qantas. Try to find a perfect airline in the difficult business today and you will find Qantas on a higher level than most.

    Posted in: Australian court ends Qantas strike, fleet grounding

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    huberts2

    The advertisement depicts Japanese characters. 3 weeks ago I checked the Sony ereader at BIC Camera and had it confirmed that the then reader was limited to one language format, English; that is roman characters. With the new Sony can I now download Japanese? Can anyone tell me whether the new ereader Kindle can also now handle Japanese?

    Posted in: Sony unveils new, lighter e-readers

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    huberts2

    This conspiracy has been exposed because of the strict laws imposed in the USA for this commercial "fraud" . Now for this activity, price fixing "fraud', restrictive trade practice, where is the effective law and supervision within Japan itself?

    Posted in: 6 Japanese freight forwarding companies agree to plead guilty to price fixing in U.S.

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    huberts2

    To answer Zenny - I didn't claim that the system is hard to understand, for as you say even a tourist can master it. But that is not the issue . The issue is applying that knowledge. Haven't you ever having found 1 chome walked 100's metres to find 3 chome. And as wikipedia suggests "usually" so nothing is constant, there is little routine.

    Posted in: Why are Tokyo cabbies so clueless?

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    huberts2

    Hang on you critics, for residents of Japan know that addresses are not quite "15 Smith Street Woop Woop" which almost any fool can find. But for the uninformed the town boundary is never clearly determined, each part is divided again into "chome", "ban" and then further divided into "go", "go" being the building number. The divisions seem to have no logic about them and a place is best located by looking out for notices on telegraph poles which may tell you the chome and ban. Having found such a pole then one has to find the "go". Best to always ask a local, yes, even out of the taxi window. If you wish to get to Tokyo Station everyone knows, of course, but if it is some piddling little building stuck up a back one way street dont expect too much from a taxi driver. It is time for Japan to change it's address system. On a slightly different note - I had the opportunity to visit a friend in Glasgow whose address was given as, lets say "White" in Smith Street. 'White' was the name of the friends building and no numbers for anyone in that street so a stranger hads to wander up and down the whole length of the place until the label "White" was found. Not convenient for me nor a taxi.

    Posted in: Why are Tokyo cabbies so clueless?

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    huberts2

    You ask what is being done? I travelled this route just a couple of weeks ago on a substantial ship, a UK ship. Before entering the danger area we where boarded by an RN serviceman, not to protect us but to give guidance as how to behave if -. As an example, all lights out at night, stay away from windows if the occasion occurs ( get into safe steel corridors ). The attitude of the pirates were explained. We followed in a convey and daily we spotted a warship from one or another navies and their helicopters sometimes flew over. Many navies are present - European, Asian ( including Japan, I'm told )and Australian. In one paricular convey of tankers and other ships, sailing at convey speed, that is at the speed of the slowest, were guarded by Navy ships from Malaysia and China. We were told of the instance where a small craft could not be rescued by reason that the pirates had taken a large ship out of port and driven it to ram a naval vessel. It is further surprising to see passenger ships and cargo ships with barb wire surrounding the stern. Our ship had equipment ready by way of fire hoses to offer some form of protest and the seaman drilled at this as well as keeping watch at night. Every ship in the area, which is apparently getting wider, is aware of the dangers and a fear of not getting through is real. It is an earnest problem and being tackled as best as one can see.

    Posted in: Somali pirates capture supertanker with $150 mil worth of oil

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    huberts2

    Multiplex Living apartments will not be a good investment, in my opinion. If you have experience in living in Australia and you see the placement of their sites ( as we say, out in the bush ) and the size, or lack of it in the apartments, you will appreciate this fact. As for new developments, that is unused properties, if they are "developer preapproved developments" , then non-residents of Australia may buy. But otherwise non-residents cannot get approval ( application necessary but never approved )to buy residential property. I reckon that is as much to protect non-residents who are "sold" on the idea of riches in Australian property as much as to protect the local market from those from abroad who may be prepared to buy for speculative or family purposes ( eg to try and get residency ). Buying real estate in a foreign country, and no less Australia, is clearly a case of caveat emptor - buyer beware

    Posted in: Hot properties

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    huberts2

    The Prime Minister, the "short-term" Minister, if he can't manage the job, may resign but should he do so, should resign from politics and get out of it, as having failed. It never ceases to amaze me that in Japan half (an exaggeration) of the politicians are ex-Prime Ministers. Is there some money benefit, eg increased pension by having been, even for a week, a Prime Minister?

    Article Unavailable

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    huberts2

    I was hoping to download this, for use on my laptop. Please tell me that I can?

    Posted in: New language learning tool, Japanese Flash, launches on App Store

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    huberts2

    The place of meeting is relevant. The emperor is the Emperor of Japan and they met there. Should the emperor meet Obama in the US he would give respect to the President of the US. Notwithstanding, Obama did bend just a bit low.

    Posted in: Obama's bow to emperor causes outrage in Washington

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    huberts2

    Uh-uh, I think I've slipped, sorry. The officer showed the young lady her, that is the officers, phone?

    Posted in: Saitama police launch new unit to prevent groping on trains

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    huberts2

    Yes a good catch - but was it a set-up? The officer knew the young lady's phone number?

    Posted in: Saitama police launch new unit to prevent groping on trains

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    huberts2

    This story reminded me an article written by Sakai Junko, an essayist who has written often, and well, with an observant eye on, amongst other things, social behaviour and public manners in Japan. In an excellent Japanese language tutor, Read Real Japanese, she wrote about young female behaviour, especially in relation to the application of makeup in trains. Now if you are "in" to studying Japanese, with a little humour, this book and the article is worth acquiring and reading. Part of the article can be read at http://randomkobe.cocolog-nifty.com/center/2007/11/post_e183.html

    Posted in: Older men up in arms over slovenly female behavior

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    huberts2

    To skipthesong and cleo a message, including a reminder that living in Lambells Lagoon NT Australia is probably quite unlike anything that you have imagined. It's way out there and when it is so described in Australia I can assure you that to town or city folk, as you may be, it is so far in the bush as to unimaginable. And how do you stop kids who want to, and do, swim where it is very pleasant after the flood rains ( which is how the croc. possibly got there). An impossible thought to put a sign on every creek "don't swim" sign when there may be thousands of swim spots in their millions of hectares of total bush. Think of Crocodile Dundee. Try to read - http://www.smh.com.au/national/human-remains-found-after-croc-attack-20090316-8z2p.html

    Posted in: Crocodile suspected of killing Australian girl

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