Words from our favorite agent, our Treasurer

Greetings Agents!

We are into the second half of WY2009-10 and it is time to deliver MIBfc’s current financial position. As it stands, MIB Fund found the resources to balance its books registering a healthy financial outstanding of $267.63. Of which $90.36 is in the reserves and $177.00 with Agents. This marks a significant improvement in our finances compared to the last report.

On greater scale Singapore’s economy has also shown tremendous recovery from its worst recession by recording has surged for a second consecutive quarter, continuing the recovery from its worst recession. Despite the growth, our economy has shrunk between 2% and 2.5% during 2009 as a whole, though this contraction was previously forecasted to be in the range of 4%-6%.


This continued recovery has been evident in the spending power of MIB Agents. Recent acquisition amongst Agents includes a brand new two-wheeler, business suits from G2000, Samsung Omnia II, KMG properties (India’s answer to Profitable Plots) and kangaroo-leather Addidas Predator boots. Well if we wait just a little longer Singtel’s mio tv and Halloween costumes will make up that list.


The current job climate is looking positive and lively for the fresh graduates. According to the Hudson Report, hiring expectation has risen across key business sectors such as Banking and Financial Services. In agreement with these findings, MIBfc are glad to announce that one of our Agents has successfully secured an IT analyst position with an American firm offering financial services. MIBfc wishes him the very best in his new career. A couple of Agents have been actively scouring around for job openings and one particular agent has been touted for a job switch. We shall wait on that and wish them all the very best.


Another sign of recovery was notable with MIBfc expensively arranged soccer matches. Not to miss the opportunity of playing under floodlights, MIBfc opted to play their recent friendly game in SAFRA turf field on a Friday night. However that experience doesn’t bring fond memories. Disclaimer: MIBfc would like to state that any disappointment coming out of the game has no connection with the hefty booking fee. Lightning doesn’t strike twice, so Agents let’s get back there to put the ghost to rest. R.I.P. Dated: 20th Nov 09.


To celebrate the economic recovery MIB Fund’s healthy financial, an Agent who had previously come out of a self imposed alcohol ban, went a step further and created history by partying non-stop for 36-hours at Club ACE! Such an amazing feat has received local media attention where our Agent was featured holding a mug of beer and looking wasted. One can only hope much of his energy levels and endurance can be rubbed onto fellow Agents during match days.


All Agents shall be notified that any match day / futsal collections will be collected and accounted for by responsible Agent/Agents. Such mode of collection will not be reflected in the MIB Fund statement of account. This decision is made taking into consideration that part of the cash generated is from non Agents. This decentralized collection will serve to ensure that the nominal fund contribution from the Agents is allocated to achieve key financial goals for MIBfc; ascertaining our MIB Fund to remain independent and exclusive to its Agents. However any excess capital arising from these events can be credited into MIB Fund and shall be recorded as Honorary Contribution.


This report serves the right to pay tribute to the return of MIBfc’s very own eccentric yet popular Agent, fondly remembered as, Abang Roy. Having gone through constant tormenting by Reds fans and their asinine mantra “You’ll never walk alone”, our disgruntled Agent took extreme measures to outcast himself from the pack. Strangely enough he deported to UK search of answers to the mantra. In the meantime MIBfc was bracing itself for the worst, resigned to losing its midfield general for good. Plans were drawn up to retire jersey numero “9” although it is difficult to identify how many Agents had their eyes on that number. It is believed that during his short stint there, Abang Roy attained enlightenment and understood that MIBfc is where he belongs. Ultimately the mantra does hold truth “Anda tidak akan pernah berjalan sendirian”… In wake of his return, MIB Fund shall reactivate his account.


To further strengthen our financial position, MIB Fund is keen to add a sponsor to its ranks. There have been talks amongst Agents to secure Tiger Balm as one of our sponsors. As Tiger Balm maybe appealing in terms of medicinal use and as “an early warning device”, our Agents might give it a serious thought. However, perennial favourites, Axe oil (minyak kapa), may have something to say about it.


Lastly with the year end approaching MIBfc is gearing up for some major events. Let us look forward to them, namely Post-Deepavali parties, Halloween, ROM, X’mas and the New Year. Before you splash that cash and be merry, set aside $10 for the monthly nominal contribution to MIB Fund starting November 09!!


Thanks and Regards

~sk~


P.S. Financial reports of BPL clubs have been deliberately omitted in this report in respect of any emotional outburst from overzealous fans.