Uncharted Territories?

The pursuant of BBB- investment grade ought to be followed with adjustment on expected return. Such amendment on our investment grade would lower down our risk which would lower down the return. Holding the correlation correctly, a lower risk would define a lower return. Thus, how would it justify the expectation of higher return? We may kiss goodbye the enormous expected return and remember that this high-risk-high-return-law would still hold on our different aspects of life.

Would you still wish for another upgrade on our investment grade?

Are you ready for appetite change?

The truth of not being able to let go high return expectation has made us wonder how slow the economy is, why business not moving, why demands are not like the other time. Market size is not growing, competition is tough even to only maintain market share… bla2.

Yet during the extraneous time, we were just busy reaping what was in front of without questioning its origin and sustainability; where worsened by the reality that our expectations were built on such vague reaps.

This is the normal, not the new normal like the one on developed market, but this is the old normal which was built piece by piece sustain-ably and effectively. This old normal is the truth.

We were not ready for 7% growth, be content with this 5.4% growth, be mindful. Be mindful of the truth.

Our quest on looking for a new normal (the higher normal) would be tiresome for we were focused on finding the right justification for un-achievement. Stop looking for justification but look for the truth.

Kejarlah Kebenaran bukan Pembenaran.

Truth currently lies on the cheaper funding or financing of any increase capacity and ability. This capability expansion is an opportunity for our vessels to grow, to expand, to be stretched as wide as possible; not for the sake of profit but because it is available and it is due. We must be ready with a question on whether we are ready for such stretch, whether we are productive enough or not, whether we are efficient and effective enough in “extracting” our capabilities into outcome, whether we can apply the same extraction ratio for any additional inputs given stretched capability?

Having this kind of truth would max out our capability, where it won’t be wasting any room of increment. Prep our vessels, contents would be there at the end of the tunnel. Growth is given by nature yet Strength is earned.

Productive --> Righteous (Benar)

Expansive --> Strong (Kuat)

#BenardulubaruKuat

Are we heading towards uncharted territories?

Perhaps not. It is normal, an old normal, and it is the truth.

#KebenaranBukanPembenaran