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Koon Yew Yin's Blog

Author: Koon Yew Yin   |   Latest post: Sat, 23 Feb 2019, 11:46 AM

 

Investment Psychology is Indispensable - Koon Yew Yin

Author: Koon Yew Yin   |  Publish date: Sat, 23 Feb 2019, 11:46 AM


Human psychology plays an important role in how individuals make investment decisions.

The reason why I am writing this piece is because many people asked for my advice after they have seen the profit announcements of Carimin and Dayang. Carimin reported a reduced profit but Dayang reported a very much improved profit.

After I posted my article “Dayang will fly on Monday”, many people asked me why I did not recommend this stock before the company’s announcement of its 4th quarter EPS of 10.13 sen, but I posted a few articles on Carimin.

You can see on the i3investor forum, many people thank me for giving them “Ang Pow” for the Chinese New Year because Carimin was shooting up like rocket. Its 1st quarter EPS was 5.01 sen. After its 2nd quarter EPS of 2.13 sen announcement, many people are so worried especially those who have bought it at its peak.

Many people asked me what they should do. Since its 2nd quarter announcement its share price has been dropping. I cannot tell them to sell because it may climb up again especially when it announces improved profit in the next quarter. It also depends on the price they paid for their shares.

The reason why I dare not recommend Dayang before its 4th quarter result announcement simply because its previous few quarter earnings were quite poor. In fact, its balance sheet is horrible. An accountant friend told me that Dayang has defaulted on its long term loans already. Its current assets is Rm 500 million versus Rm 1,300 million current liabilities, technically bankrupt.

But I dare to buy Dayang because it is in the same kind of business as Carimin. In fact, it has a much larger maintenance contract from   Petronas. Moreover, I sold a large portion of my Carimin to buy Dayang because it has gone up more than 300% within 3 months. You may say that I use cheap money to buy Dayang as I believe Dayang will soon play catch up.

Mental emotion control

To be really successful in equity investment, you must be able to control your mental emotion of greed. When Carimin has done up more than 300% within such a short time, you must be able to decide to sell because no share can go up or come down continuously for whatever reason. After some time, it must correct.

After having said that you must not sell too early. I am sure some shareholders must have sold when it went up 100%, some sold when it went up 200% and some sold when it went up 300%. Those who sold too early, would not dare to admit their mistake to buy back and miss a good chance to make profit.     

More useful information for serious investors

By the way, I must tell you some good news. Yesterday DJI went up 181 points and crossed 200 day SMA and likewise for S&P 500 and Nasdaq. This confirmed US stock market is a bull market now. DOW’s 9 week winning streak is the longest in 24 years. I believe our stock market will follow the US and will be bullish after a major correction in 2018.

The oil price rally shows no sign of stopping. Brent crude oil price closed at US$ 66.9 per barrel. This good news is good for all Oil and Gas stocks listed in KLSE.

Investment Bloggers Day 2019

I wish to invite readers to attend my talk during the Investment Bloggers Day 2019 at 12-12.45 pm on 2nd March at the Boulevard Hotel, Midvalley, KL. I requested to talk later in the morning because I have to travel from Ipoh. 

 

Dayang Will Fly on Monday - Koon Yew Yin

Author: Koon Yew Yin   |  Publish date: Fri, 22 Feb 2019, 10:04 PM


Dayang just announced its 4th quarter result of eps 10.13 sen. The table below shows the details of its last 4 quarter result.

 

 

 

Before the 4th quarter result announcement, many investors were frightened when they saw Kumpulan Wang Persaraan sold 20.03 million shares on 21 Feb, sold 2.5 million shares on 20 Feb and sold another 1.6 million shares on 19 Feb. That was why the price dropped 7 sen yesterday and today it went up only 0.5 sen.  

When I saw Petronas is one of the 30 largest shareholders of Dayang, I started to buy it because I believe Petronas will award more maintenance contract to Dayang.

I must admit that I also began to doubt my own judgement when I saw Kumpulan Wang Persaraan was selling so aggressively.

Fortunately, its 4th quarter EPS of 10.13 sen is reassuring and I expect it to fly on Monday.

I am obliged to tell you that Dayang is one of my major investments and if you decide to buy, you are doing at your own risk.     

 

 

Labels: DAYANG

Perak MB: Award Forest Land Without Open Tender - Koon Yew Yin

Author: Koon Yew Yin   |  Publish date: Tue, 19 Feb 2019, 03:10 PM


As a strong supporter of Pakatan Harapan, I am feeling so sad and disgusted that I have to write this article.

 

The photo shows that Tun Dr Mahathir was holding my Rm 200,000 cheque donation for the last general election. Besides my financial support, I had campaigned for all the 4 component political parties of Pakatan Harapan in 11 locations in Perak.   

 

On 13 Feb 2019, The Star reported the Perak MB awarded the 400ha of forest land for development to a company with a paid-up capital of only RM2 was not done through an open tender, says Perak Mentri Besar Datuk Seri Ahmad Faizal Azumu.  

He said the company was given the approval to go ahead with the project through the Perak Forestry Committee taskforce, of which he, as the Mentri Besar, was chairman.
 

The members of the taskforce, he said, include the director and deputy director of the state Forestry Department, as well as state executive councillors Paul Yong Choo Kiong and Asmuni Awi.

 

Perak Umno asked the state government how a company with a paid-up capital of only RM2 could be awarded the project, and if an open tender was called.


Kampar MP Thomas Su lodging a report with the Malaysian Anti-Corruption Commission (MACC) on the alleged irregularities involving the project.

 

If the Perak Forestry Committee taskforce has the power to award 400 ha of forest land without open tender to a Rm 2 company, it can award a lot more forest land to their cronies.

 

It is terribly depressing when one reads headlines like Perak, the second poorest state next to Kelantan.

What has happened to the richest town and state in Malaya?

It was the Kinta Valley that financed much of the infrastructure of Malaya. There were more Rolls Royces per capita in Ipoh than any other place. The first car in Malaya was bought by an Ipoh person. That was why Perak car numbers start with A.

At one time, Malaysia was the biggest producer of Tin, Rubber and Palm Oil. Besides these, we also have petroleum.

We all know the tin market fell through the floor. But that is not the only cause of our down fall. The biggest culprit is that most of our political leaders were corrupted and inefficient.

Countries like Singapore, Taiwan and South Korea did not even have timber to build their houses could become a fully developed nations while Malaysia is still not a developed Nation.

When Pakatan Harapan won the last general election, I thought after getting rid of the previous corrupted BN Government, our political leaders could play catch up. But that is not the case.

For my part in helping Pakatan Harapan win in the last GE, I was nominated to be one of the economy advisers of Perak. But the MB unilaterally stopped my appointment without reference to the State Exco, because he does not want me to pasang kaki.   

 


 

 

Mandatory Death Sentence for Corruption in China - Koon Yew Yin

Author: Koon Yew Yin   |  Publish date: Fri, 15 Feb 2019, 11:06 PM


China's most corrupted public hospital director caught and sentenced to death. He was the cause of inflated hospital fees and medication!!!

 

Death sentence is a good way of putting an end to corrupt practices in CHINA. Otherwise, many people in CHINA will suffer at the hands of corrupted leaders and officials. Corrupted leaders and officials are not indispensable.

 

In Malaysia, former Prime Minister Najib has embezzled billions of Ringgit from taxpayers and he is still freely going about as if he has done nothing wrong. Besides Najib, many corrupted Government officials are still laughing to their banks.

 

Malaysia ranked 62 of 180 countries in Transparency International’s most recent global corruption index, with the NGO’s local affiliate warning that corrupt officials have been able to “stash their ill-gotten gains in their house or foreign banks and invest them in luxurious mansions, expensive cars or lavish lifestyle for their children with total impunity and in blatant disregard for the citizens they are supposed to serve.”

 

In the recent CNN interview, our Prime Minister Tun Dr Mahathir said that most of the former BN Government officials are corrupted.

 

Since Malaysia has mandatory death sentence for carrying fire arm without a licence, cases of robberies and kidnapping using fire arms are so rare.

 

In the same way if mandatory death sentence for corruption is introduced, corruptions will surely be much less. 

 

I strongly suggest our new Pakatan Harapan Government introduce death sentence for corrupted leaders and officials.

 

 

Cemetery is the Richest Land in the World - Koon Yew Yin

Author: Koon Yew Yin   |  Publish date: Wed, 13 Feb 2019, 11:43 AM


After I read one of the most meaningful articles in the book called "Die Empty" by Todd Henry, I am using some of the ideas to write this piece.

"Where is the richest land in the world?"

Some readers would say: "Oil-rich Gulf states." 

Others would say: "Diamond mines in Africa."

No, it is the cemetery. It is the richest land in the world, because millions of people have died and they carry many valuable ideas that did not come out of the light to benefite others. They are all buried in the cemetery.

Todd Henry wrote his wonderful book "Die empty." Where he did his best to motivate people to pour out their ideas and potential energies in their communities and turn them into something useful before it is too late.

The most beautiful of what he said in his book is that: "Do not go to your grave and you carry inside you the best that you have; always choose to die empty."

Die empty is a new expression and unique in its own way because at first glance you will think it is normal.

But I was surprised to know the true meaning of this new expression. 

It is to die empty of all the goodness that is within you. Deliver it all before you leave this world. 

If you have an idea, perform it.

If you have special knowledge, give it out.

If you have a goal, achieve it.

Love, share and distribute; do not keep it inside.

Do not keep the goodness inside of you, and die full of ideas and be a delicious meal for the earthworms in the grave.

Most of us live with the stubborn idea that we will always have tomorrow. But sooner or later all of our tomorrows will run out. 

Now I understand the meaning of the words of all the Holy Books, "If the Final Hour comes upon one of you while he has in his hand a sapling, then let him plant it."

How can we plant a plant when we have reached our last day?

Yes, God wants us to die empty. To live every day like it is the last day. To give the maximum energy to all that we have, and when we work on something, we do it in the best way. When we create something, it should be spectacular.

We should be inspiring, happy, optimistic, and always seek to be empty until our souls rise up to the sky.

Are you empty?

I think we all weigh thousands of tons of goodness, creativity, love and hope that we can give out. We have not given all of it, except a little.

I wish that we start the race to give and remove every atom of goodness inside us. We should learn how to find and sustain our passion and generosity, even in tough times. 

You must always remember that when you die, you cannot take any of your money with you.

After you have read the above, you can understand why I have been giving out scholarships to help poor students to complete their tertiary education and writing and publishing my articles so frequently. 

 

 

Why US Wants to Stop Huawei 5G Technology? Koon Yew Yin

Author: Koon Yew Yin   |  Publish date: Sun, 10 Feb 2019, 01:42 PM


After my publication of my article “Why Huawei’s 5G Technology is Seen as a Threat by US” which you can see if you click the link above, I found more information for you.

4G belongs to United States’ AT&T, Verizon, T-Mobile and Sprint.

All the countries in the world pay more than *10,000 trillion yuan* in copyright fees to the four companies in the United States. China's 4G pays US$100 million in annual copyright fees to US companies. If the countries around the world switch to Huawei 5G, the United States will lose more than 10,000 billion yuan of foreign exchange each year, which is set at 20% of the annual GDP of the United States. 

Therefore, the United States will not allow 5G in the world. The United States will destroy Huawei to protect the interests of the United States; i.e. stopping the loss of at least 20% of USA's GDP

 

Economic Benefits of America’s 4G Wireless Leadership

Growing the Economy: US leadership in 4G accounted for nearly $100 billion of the increase in annual GDP by 2016 as the trajectory of the wireless industry’s contribution to US GDP shifted from a projected $350.3 billion in 2016 to a realized $445.0 billion.

Creating Jobs: The launch of 4G in the US increased total wireless-related jobs by 84% from 2011 to 2014.

Increasing Domestic Revenues: US 4G leadership also meant roughly $125 billion in revenue to American companies that could have gone elsewhere if the US hadn’t seized 4G leadership. US 4G leadership also resulted in more than $40 billion in additional app store revenue flowing to US companies and app developers.

Ms Meng Wanzhou, Huawei’s chief financial officer, a daughter of the founder, was detained in Vancouver on Dec 1, while on transit.

Canada’s Ministry of Justice said in a statement that the US is seeking her extradition.

Countries the United States Has Sanctions and Embargoes Against

  • Iran. The US issued sanctions and embargoes against Iran in 1979 after a group of radical students attacked the US embassy in Tehran. ...
  • North Korea. The US and North Korea have non-existent diplomatic relations that were worsened by the Cold War and the Korean War. ...
  • Syria. ...
  • Sudan. ...
  • Cuba.

 

US is a big bully. Since it cannot compete on a level playing field, it resorts gangsterism.

 

 

 


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