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  7 people like this.
 
Dakewlest Anyone buying more?
22/01/2019 22:01
其辉 Sold... tmr will drop more
23/01/2019 00:52
Pang KwSP sold 2m
23/01/2019 14:32
LouiseS Last 5 years EPS on increasing trend, increased by 49.2% over last 5 years, PE ratio is 14, ROE 16%, and dividend yield 3.34%

https://louisesinvesting.blogspot.com/2019/01/preliminary-screening-of-counters-with_56.html
27/01/2019 07:31
mamatede epf need realized profit to declare dividend...
29/01/2019 09:04
mamatede keep buying and chill.... 8.3 50 lot
29/01/2019 09:08
Alan Wong highly manipulation stocks avoid if can
29/01/2019 16:42
Alan Wong Oil rises 2.5%, settling at $53.31, as US slaps sanctions on Venezuela
PUBLISHED TUE, JAN 29 2019 • 5:02 AM EST | UPDATED 4 HOURS AGO

IF TODAY PRICE STILL FALL THEN ITS A BLOODY USELESS AND HIGHLY MANUPI]ULATIVE COUNTER FROM RM9.00 DROP TILL RM8.12 WITHOUT ANY REASON....DO NOT BUY OR LATER REGRET !!!
30/01/2019 07:51
Alan Wong CLOSING 8.33 DAMN SPECULATIVE N UNACCEPTABLE although no negativenews and oil price up ....avoid this trap
30/01/2019 16:53
Alan Wong dow up 434 pts if today closing down i will sell all my position in Petchem n never invest in this counter ever again !
31/01/2019 07:16
signalmw Buy lctitan
31/01/2019 07:23
signalmw Gentting cash rich also rm6 b4. Pchem to rm 6 also not problem
31/01/2019 07:29
RHB_ Not Affin RM 10.3?
31/01/2019 15:17
Alan Wong this shitty counter cant make money...try and regret later
31/01/2019 18:00
其辉 Maybe next week can up.....oil price rise also
01/02/2019 02:08
juniorsia Post removed. Why?
01/02/2019 02:10
Alan Wong Oil up 1.27% if this stock not moving up something is confirm very wrong with this company share price ! lets wait and seee
13/02/2019 07:31
titus Pchem does look interesting. Main revenue (70%) is from Olefins and Derivatives segment but in the last QR, it was reported as below. Maybe that the reason EPF disposing some. Will consider buying some after the release of the upcoming QR.

"The Group anticipates that the Olefins and Derivatives segment to soften in the coming quarter. This is in viewof ample supply from the Middle East and North-East Asia whilst slowing down of demand following regional planned turnarounds" (pg.15)
15/02/2019 08:59
teoct My thinking is EPF selling to raise money for upcoming dividend payment to members rather than PCHEM is not performing.
15/02/2019 10:56
Wing Teoh I dont think EPF need to sell anything to pay us DIviden, as the dividen is just a digital numbers, unless there is many people who waiting for withdraw their EPF money.

sometime we rather to see Insider ( CEO and Chairman Acquire & Sell) rather than see what EPF and any others's action.

Just my opinion ~
15/02/2019 15:50
wlchew with the proceeds from selling 500k of public bank shares do you need to invest anymore in your lifetime. you are already a billionaire get out and distribute whatever you and your family don't need and live happily ever after.
16/02/2019 04:47
(S = Qr) Philip Everyone needs a hobby.

The idea that money is the point of it all versus the discipline, focus, habit and the journey through life is the reason why most people don't succeed in life.

You should read the life of Rose blumkin, founder of Nevada Nebraska Mart.

At 89, her children forced her to retire. She was so angry she started a new carpet shop right opposite the giant store she founded and proceeded to take market share.

Her children had to apologize, buy the shop over give her back her job.
She died doing the thing she loved

What could be better in life?
16/02/2019 05:22
risktransformer Whatever the reason for EPF selling 2 million to 5 million shares every other day on regular basis, I think we should be very worried about its effect to the share price of PCHEM..... within a few months, it could bring down the share price from RM8.50 to RM3.00 or lower. This company may have solid fundamentals but the selfish actions of EPF (that suits its own objectives) can only cause the share price to fall drastically (due to the huge volume of selling pressure).

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teoct: My thinking is EPF selling to raise money for upcoming dividend payment to members rather than PCHEM is not performing.
15/02/2019 10:56
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16/02/2019 15:31
PHconman Who is acquiring when EPF is disposing.I believe ikan bilis not able to acquire so many shares
16/02/2019 15:51
risktransformer It is bcoz ikan bilis not able to acquire all those shares dumped by EPF (as well as foreign funds fleeing Bursa) that the price keep falling..... selling pressure so much stronger than bargain hunting.
16/02/2019 15:57
PHconman If the price keep falling definately someone is buying low else how the price can drop?
16/02/2019 16:03
risktransformer If u look at the past 3 months price chart of PCHEM, u will notice that it sudden dropped very steeply within a few days (starting from 7 Jan 2019)...... and incidentally, EPF started its heavy selling from 7 Jan 2019 till now (this couldn't be coincidence, right?).

On 4 Jan 2019 (b4 EPF started heavy selling), PCHEM was RM9.26; by 15 Jan 2019 (about 1 & half week from 4 Jan 2019) PCHEM has dropped to RM8.27 (dropped more than 10% in less than 2 weeks). If EPF continues its heavy selling for another 6 to 8 months, the price can easily drop another 65% (to RM3.00).
16/02/2019 16:14
risktransformer If buyers can buy up more than what the sellers keep selling then the price can stop falling & move up a little..... but if buyers keep buying less than what the sellers keep selling then the price will fall slowly (a few cents everyday).
16/02/2019 16:18
PHconman Thanks for the info.

Posted by risktransformer > Feb 16, 2019 04:14 PM | Report Abuse

If u look at the past 3 months price chart of PCHEM, u will notice that it sudden dropped very steeply within a few days (starting from 7 Jan 2019)...... and incidentally, EPF started its heavy selling from 7 Jan 2019 till now (this couldn't be coincidence, right?).

On 4 Jan 2019 (b4 EPF started heavy selling), PCHEM was RM9.26; by 15 Jan 2019 (about 1 & half week from 4 Jan 2019) PCHEM has dropped to RM8.27 (dropped more than 10% in less than 2 weeks). If EPF continues its heavy selling for another 6 to 8 months, the price can easily drop another 65% (to RM3.00).
16/02/2019 17:32
(S = Qr) Philip You do realize that dividends per year is 0.3 cents right? Anyone crazy enough to dump a company with rm3 in nett assets AND giving out 30 cents a year in dividends, and doing 25% nett profit, and growing it's revenue by 2 billion every year can sell their shares to me. 4 billion in earnings, if you are interested. And growing roe by 19%.

LCTITAN down the road is doing half the revenue and half the earnings and higher debt ratio is asking for more.

Any reason to sell other than epf just announced 6.15% for 2019? You do realize that no way epf with all it's investment losses in 2018 losses can give out those kind returns right?

The one you should look at is petronas, they are major shareholder. Does it look like they are selling their PCHEM shares?
16/02/2019 17:45
risktransformer I am not suggesting that EPF is exiting PCHEM totally. EPF has its way of pressing down a stock's price to very low level & then buying back the shares at much cheaper prices.... ending up with even more shares than b4 it started its heavy selling. Since PCHEM is fundamentally so strong & profitable, all the more EPF will want to acquire more of its shares. But EPF is very smart.... they want to acquire more of those shares at very low prices so that they can own more of the company without paying for those extra shares.
16/02/2019 18:19
(S = Qr) Philip I think it's more of a case where they can't sell sapura because it's underwater, they can't sell Armada because it's underwater, they can't sell fgv because it was making losses, and they can't a lot of "institutional" shares because it was loss making last year. So only way is to hold and wait.

What can they sell? PCHEM. Because it was profitable last year and can sell to cover the dividend payment to pay for epf savings this year.

Go figure.
16/02/2019 18:32
risktransformer EPF has more than 600 million shares of PCHEM. Suppose EPF sells off 300 million shares over the next few months at an average of RM8.00 per share (in the process causing the price to fall to very low level) and then buys back 600 million shares at an average of RM4.00 per share..... EPF will end up with 300 million (original after heavy selling) + 600 million (buy back) = 900 million shares without having to pay for the extra 300 million shares. Who then pays for the extra 300 million shares? Answer ---> All the other investors of PCHEM, especially ikan bilis (through their heavy losses when they panic sell at lower & lower prices).
16/02/2019 18:41
stockraider Rubbish loh...EPF already fully sold sapnrg mah....!!

EPF sell pchem bcos they knew it takes some time or gestation period for pchem new huge investment capacity to make profit loh....!!

Posted by (S = Qr) Philip > Feb 16, 2019 06:32 PM | Report Abuse

I think it's more of a case where they can't sell sapura because it's underwater, they can't sell Armada because it's underwater, they can't sell fgv because it was making losses, and they can't a lot of "institutional" shares because it was loss making last year. So only way is to hold and wait.

What can they sell? PCHEM. Because it was profitable last year and can sell to cover the dividend payment to pay for epf savings this year.

Go figure.
16/02/2019 18:43
risktransformer My above explanation is for illustration purpose only. It does not mean that EPF will sell off 300 million shares.... but that is a possibility too. Well, hopefully it may not happen & maybe as u said it may be just for paying dividends (but u should know that EPF doesn't need to sell for paying dividends as Wing Teoh pointed out). What I have been trying to say is that this continuous heavy selling by EPF is something we should be very worried about despite the strong fundamentals of the company.
16/02/2019 18:49
qqq3 risktransformer My above explanation is for illustration purpose only.
=========

up also worry, down also worry, forever also got stuffs to worry about.....best is no need to invest........

see...no invest no worries.
16/02/2019 18:59
risktransformer qqq3, u r wrong.... in fact, I am buying more of PCHEM recently. When I say "should worry" I am just giving out cautionary note to those who r too optimistic as if nothing bad will happen to their investment.
16/02/2019 19:08
risktransformer Philip, u r so wrong about this. Suppose u have invested in 10 different companies & 9 of the companies were losing money or underwater accept this one company that is so profitable & growing strongly year after year. Would u keep holding onto the 9 underwater companies & sell off a huge portion of your shareholding in this profitable company to cover your living expenses? Or would u salvage whatever u can get out of the 9 underwater companies & buy more of this very profitable company? FYI, EPF has sold off its shareholdings in many of those underwater companies u listed earlier, especially Sapura Energy.

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(S = Qr) Philip: I think it's more of a case where they can't sell sapura because it's underwater, they can't sell Armada because it's underwater, they can't sell fgv because it was making losses, and they can't a lot of "institutional" shares because it was loss making last year. So only way is to hold and wait.

What can they sell? PCHEM. Because it was profitable last year and can sell to cover the dividend payment to pay for epf savings this year.

Go figure.
16/02/2019 18:32
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16/02/2019 21:28
qqq3 Philips refers to accounting profits to fund dividends.... realised profits because Epf got no unrealised profit/losses
16/02/2019 22:27
sell EPF sell to pay 6.15% dividend?
17/02/2019 10:07
SHUECHABOO In my view, the EPF sold its shares is to gather funds to takeover the WEST COAST EXPRESSWAY(WCE). The takeover of WCEHB is to keep one of the promises made by the PH at the 14th GE ago.
17/02/2019 10:21
qqq3 SHUECHABOO > Feb 17, 2019 10:21 AM | Report Abuse

In my view, the EPF sold its shares is to gather funds to takeover the WEST COAST EXPRESSWAY(WCE). The takeover of WCEHB is to keep one of the promises made by the PH at the 14th GE ago.
========

EPF got more than enough funds to do whatever they want....it is accounting profits that is the headache.......and they are not supposed to pay dividends except out of profits otherwise can be accused of being a Ponzi scheme.......
17/02/2019 10:32
risktransformer If EPF does heavy selling to realised profits (accounting profits) for the purpose of dividend payments then please take note of the following (below):

EPF closed its accounts at 31 Dec every year & takes 2 or 3 weeks in Jan every year to calculate dividend payments based on the previous year's profits ending 31 Dec of the previous year. This is the accounting protocol: u cannot use the realised profits in Jan 2019 to pay the dividends for 2018 (ending 31 Dec 2018). But EPF only started its heavy selling from 7 Jan 2019 till now (mid Feb 2019)..... by accounting protocol, any realised profits from 7 Jan 2019 onwards cannot b used to pay for 2018 dividends (it must, instead, b reserved for 2019 dividend payments next year). So, I think Philip's argument that EPF sells PCHEM to realise profits for dividend payment is against the standard accounting protocol.

NB: I wonder why this year EPF delayed the announcement of dividend payment to mid Feb (usually they announce b4 end of Jan).
17/02/2019 10:34
qqq3 by risktransformer > Feb 17, 2019 10:34 AM | Report Abuse

. So, I think Philip's argument that EPF sells PCHEM to realise profits for dividend payment is against the standard accounting protocol.
========

that is also true....so, forget about what Philip says ....just in jest....
17/02/2019 10:41
risktransformer Hahaha!! qqq3, no problem.

I want to take this opportunity to acknowledge that, from what I read in Philip's posts about PCHEM, he has done a lot of fundamental research into the petrochemical industry worldwide.

However, the investment climate (or culture) in Malaysia is very different from those in mature industrialized countries such as the US, Germany & Japan. PCHEM, being based in Malaysia, may not reward investors as predictably as petrochemical companies in the US, Germany & Japan. In Malaysia, anything outside of the fundamentals can happen..... "Malaysia boleh!!"
17/02/2019 11:16
stockraider Not true loh....!!
Pechem is one of the best div payer loh...!!

Posted by risktransformer > Feb 17, 2019 11:16 AM | Report Abuse

Hahaha!! qqq3, no problem.

I want to take this opportunity to acknowledge that, from what I read in Philip's posts about PCHEM, he has done a lot of fundamental research into the petrochemical industry worldwide.

However, the investment climate (or culture) in Malaysia is very different from those in mature industrialized countries such as the US, Germany & Japan. PCHEM, being based in Malaysia, may not reward investors as predictably as petrochemical companies in the US, Germany & Japan. In Malaysia, anything outside of the fundamentals can happen..... "Malaysia boleh!!"
17/02/2019 11:39
(S = Qr) Philip I see. On what basis do you make this claim? I'm very interested to learn more.

From what I can see, ever since they spin off of petchem into bursa listed company, they have been consistently paying 50% of dividends from their earnings.

I'm starting to get worried now :)

Can you provide us concrete proof that petchem had done such a thing before and will do such a thing in the future?

I say this because a big part of my networth had been invested in petchem, so any material information from i3 community would be very helpful!

Cheers and happy CNY risktransforner!
17/02/2019 11:45
(S = Qr) Philip To be honest, no one here knows why EPF sold PCHEM. and since they have a few hundred million shares anyway, it doesn't really matter. Everything else is conjecture.

All we should care about and think about is whether or not PCHEM will do better in the future compared to today.

In 2010, IPO listed PCHEM with a valuation of 4.4 billion USD (around 14 billion back then). Today in 2019 it is worth 68 billion ringgit.

I would hold on all speculation and wait to see what the results for the latest QR will be before making am investment decision.

Speculators buy carimin and sapura and naim and etc without caring what the qr reports are saying.

Investors buy after understanding the latest quarterly report to see how the business is doing, then they make their decision.
17/02/2019 12:11
newbie4444 Takeover WCE bec you stuck there? PH will lose in election(GE15, etc) bec free toll is cheating haha.

Posted by SHUECHABOO > Feb 17, 2019 10:21 AM | Report Abuse
In my view, the EPF sold its shares is to gather funds to takeover the WEST COAST EXPRESSWAY(WCE). The takeover of WCEHB is to keep one of the promises made by the PH at the 14th GE ago.
17/02/2019 12:13
risktransformer Philip, my view of reward to investor is not just in terms of dividends received by investors. The total reward to investors includes both capital gains (or loss) and dividends. U need to include capital gains/loss because investors are expected to hold PCHEM over the long haul (long term). Now, when u put capital gains/loss into the equation then a new variable comes into the investment equation. This variable is the timing of your investment (which includes when u first started investing in PCHEM as well as any regular/occasional capital injection/withdrawal). If u started investing in PCHEM since its IPO then u have been handsomely rewarded over the past 8 or 9 years both in terms of capital gains as well as dividends. However, if someone else after reading your fantastic postings about PCHEM were to start investing in PCHEM at around RM9.00 or RM8.50 per share then he/she may not b as lucky as u for several reasons.

Over the past 8 or 9 years, the world was riding on one of the longest bull market (which is still bullish but may peak very soon) in history. QE administered by the US & Europe has resulted in assets bubbles (which may pop anytime soon). If these assets bubbles burst either in the US or Europe (as well as China) then Malaysia will also be affected. Currently, the world economy is already slowing down (accept the assets bubbles not yet burst). Hence, we may not assume that what capital gains, company profitability & dividend payouts that u enjoyed over the past 8 or 9 years (investing in PCHEM) will continue to bring u handsome reward as b4. Suppose u have RM8.5 million invested in 1 million PCHEM shares. U get RM300k annual dividend from PCHEM. If the share price of PCHEM were to drop to RM5.00 over the next few months due to operator manipulations (we call them sharks or syndicates..... guess who is the biggest shark in Bursa?) then your net worth will fall to RM5 million within a few months.... at most RM5.3 million if u add the dividend. Even though u won't sell a single share of PCHEM (because u r a long term investor), u will feel poorer by RM2.7 million (paper loss is a true loss in terms of market valuation).

U asked for concrete proof about PCHEM but what I am saying is the problem is not with PCHEM (good company with good management team). In an open economy, a company's future performance depends on many other variables other than the past performance of the company. As I said, u have to think what other people like the sharks/syndicates/operators will do to make big gains at the expense of ordinary investors as well as assets bubbles bursting, impending recession in Malaysia due to government financial restraints, etc. These are not concrete proofs but the signals have been given out (like the continuous heavy selling by EPF).


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(S = Qr) Philip: I see. On what basis do you make this claim? I'm very interested to learn more.

From what I can see, ever since they spin off of petchem into bursa listed company, they have been consistently paying 50% of dividends from their earnings.

I'm starting to get worried now :)

Can you provide us concrete proof that petchem had done such a thing before and will do such a thing in the future?

I say this because a big part of my networth had been invested in petchem, so any material information from i3 community would be very helpful!

Cheers and happy CNY risktransforner!
17/02/2019 11:45
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17/02/2019 13:42

  Be the first to like this.
 
izoklse Tahniah diucapkan kepada KWSP kerana mampu mengumumkan dividen yang agak baik untuk tahun 2018 di dalam keadaan yang agak mencabar.

Walaupun dividen 6.15% untuk Simpanan Konvensional dan 5.90% untuk Simpanan Shariah adalah lebih rendah berbanding kadar 6.9% tahun lepas dan tahun-tahun sebelum ini, tetapi ini tetap satu kejayaan yang memberi manfaat kepada rakyat.

Saya cuma ada sedikit kebimbangan kerana bermula tahun 2018, KWSP tidak lagi akan mengiktiraf sebarang rosot nilai ke atas pegangan ekuiti tersenarainya walaupun kita semua tahu bahawa pasaran saham dan pegangan KWSP dalam ekuiti untuk tahun lepas mengalami kejatuhan nilai yang besar

Jika kerugian dari susutnilai akibat kejatuhan saham-saham yang dipegang oleh KWSP diambil kira seperti tahun-tahun sebelum 2018, maka kadar dividen untuk 2018 tidak akan setinggi 6.15%.

Ini tidak salah dalam segi undang-undang tetapi ianya akan memberi kesan kepada pendapatan KWSP untuk tahun-tahun mendatang jika nilai saham tidak pulih.

Amalan KWSP untuk tidak lagi mengambil kira sebarang rosot nilai ke atas pegangan ekuiti tersenarainya pada tahun 2018 berbeza dengan tahun-tahun sebelum ini.

Walaupun KWSP mengumumkan dividen yang tinggi pada kadar 6.9% bagi tahun 2017 pada masa pasaran saham kuat, KWSP tetap mengambil kira susutnilai (impairment) saham tersenarai sebanyak RM4 bilion.

Pada tahun 2016 pula, dividen KWSP jatuh kepada 5.7% kerana pasaran saham tahun itu tidak begitu baik setelah KWSP mengambil kira susutnilai saham tersenarai sebanyak RM8.17 bilion.
https://www.thestar.com.my/…/epf-recognises-net-impairment…/

Saya percaya Tabung Haji juga akan mula ambil langkah yang sama seperti KWSP untuk tidak mengiktiraf dan mengambil kira susutnilai saham tersenarai lagi ini apabila mengira hibah untuk tahun lepas iaitu berbeza dengan tahun-tahun sebelum itu.
17/02/2019 00:07
izoklse Tahniah diucapkan kepada KWSP kerana mampu mengumumkan dividen yang agak baik untuk tahun 2018 di dalam keadaan yang agak mencabar.

Walaupun dividen 6.15% untuk Simpanan Konvensional dan 5.90% untuk Simpanan Shariah adalah lebih rendah berbanding kadar 6.9% tahun lepas dan tahun-tahun sebelum ini, tetapi ini tetap satu kejayaan yang memberi manfaat kepada rakyat.

Saya cuma ada sedikit kebimbangan kerana bermula tahun 2018, KWSP tidak lagi akan mengiktiraf sebarang rosot nilai ke atas pegangan ekuiti tersenarainya walaupun kita semua tahu bahawa pasaran saham dan pegangan KWSP dalam ekuiti untuk tahun lepas mengalami kejatuhan nilai yang besar

Jika kerugian dari susutnilai akibat kejatuhan saham-saham yang dipegang oleh KWSP diambil kira seperti tahun-tahun sebelum 2018, maka kadar dividen untuk 2018 tidak akan setinggi 6.15%.

Ini tidak salah dalam segi undang-undang tetapi ianya akan memberi kesan kepada pendapatan KWSP untuk tahun-tahun mendatang jika nilai saham tidak pulih.

Amalan KWSP untuk tidak lagi mengambil kira sebarang rosot nilai ke atas pegangan ekuiti tersenarainya pada tahun 2018 berbeza dengan tahun-tahun sebelum ini.

Walaupun KWSP mengumumkan dividen yang tinggi pada kadar 6.9% bagi tahun 2017 pada masa pasaran saham kuat, KWSP tetap mengambil kira susutnilai (impairment) saham tersenarai sebanyak RM4 bilion.

Pada tahun 2016 pula, dividen KWSP jatuh kepada 5.7% kerana pasaran saham tahun itu tidak begitu baik setelah KWSP mengambil kira susutnilai saham tersenarai sebanyak RM8.17 bilion.
https://www.thestar.com.my/…/epf-recognises-net-impairment…/

Saya percaya Tabung Haji juga akan mula ambil langkah yang sama seperti KWSP untuk tidak mengiktiraf dan mengambil kira susutnilai saham tersenarai lagi ini apabila mengira hibah untuk tahun lepas iaitu berbeza dengan tahun-tahun sebelum itu.
17/02/2019 00:08
Bruce88 wow 6.15%, really commendable given the weak market in 2018..
17/02/2019 09:08
3iii How much dividends were declared by ASB and ASM for this year?
17/02/2019 09:10
BillyK No risk investment
Sure untung
17/02/2019 10:01
sell How EPF declare so high? Sell counters EPF lose money to pay?
17/02/2019 10:02
chinaman EPF dont declare HUGE impairment paper loss of slumping shares price anymore. Profit only declare. So, kasi sendiri shok syndrom. wakaka
17/02/2019 11:47
feimah This impairment will be future time bomb.
Probably next generation may not get their retirement money.
17/02/2019 12:00
wiki123 actually last year 2018 EPF sold many counters they held long term which make a lot over the years... eg Harta, topglov + numerous others... so technically they made a lot... just nobody go analyse those that they sold...
17/02/2019 12:03
newbie4444 Gamuda, TM, Digi etc EPF got make money?
17/02/2019 12:07
chinaman EPF is the lousiest investor. Whoever follow EPF, sure died. wakaka
17/02/2019 12:10
wiki123 newbie, those not sold not considered loss (why - bcoz they have holding power lol - bcoz they get EPF contributors money every year)... as far as i know EPF held telekom since long time ago... think their average is about this level as well...

Digi - during vincent tan time, already held until now, don't know how much dividend and payout already received...
17/02/2019 12:14
wiki123 @Chinaman - true... just that we can't do anything about our retirement fund inside until say 55....
17/02/2019 12:15
chinaman Actually, when all votes for Pakatun, we expect drastic reform which cleansing must be in all govt. body in EPF as well. Must appoint professionals replace all lousy political appointees in EPF, GLC which in bad shape. EPF fund is used to bail out lousy GLC only. wakaka
17/02/2019 12:26
izoklse Masa PH memperkenalkan cukai SST untuk ganti GST, kerajaan PH pernah kata SST tidak zalim seperti GST kerana jumlah barang yang dikenakan SST tidak sebanyak berberbanding di bawah GST.

Masa itu, Menteri Kewayangan juga kata hanya pengilang sahaja yang dikenakan SST.

Tetapi kini kita tahu itu tipu.

Masa itu juga, seorang MP PH umumkan di dalam parlimen bahawa harga barang akan lebih murah di bawah SST.

Kini kita tahu itu juga cerita dongeng seperti Warkah Cordoba Kekanda.

Apa yang kebanyakan Rakyat tidak sedar ialah kerajaan PH sedang memperluaskan cukai SST secara berperingkat kepada lebih banyak barangan dan servis sejak diperkenalkan dengan senyap-senyap.

Mereka Senyap-Senyap Tibai tanpa Rakyat sedar.

Oleh itu, parkir di Putrajaya juga telah dikenakan SST bermula Jumaat lalu.

Pada 31 Disember tahun lalu, kerajaan PH memberi hadiah tahun baru kepada rakyat.

Yang umumkan hadiah ini bukan Menteri Kewayangan kerana ini bukan benda baik. Dia arahkan pegawai kastam untuk umumkan.

Kira-kira 5,000 hingga 10,000 lagi perniagaan yang sebelum ini dikecualikan akan diarahkan untuk kutip cukai SST.
https://www.freemalaysiatoday.com/…/kastam-4-lagi-perkhidm…/

Oleh itu dalam masa 12 hari nanti iaitu bermula 1 Mac, SST akan diperluaskan kepada 4 perkhidmatan baru iaitu perkhidmatan pengendalian taman hiburan, penyediaan pembrokeran dan penaja jaminan, pembersihan serta penyediaan latihan dan tunjuk ajar.

Kanak-kanak yang ingin sedikit hiburan, rakyat yang basuh baju di dobi, pelabur yang nak beli saham, mereka yang ingin meningkatkan ilmu mereka di kursus latihan dan banyak lagi akan dikenakan cukai baru.
17/02/2019 12:28
chinaman When our finance minister unable to do any GLC reform, Nobita changed target to tax evaders with email haunting high net worth individuals for more tax. Semenyih byelection-Chinese will teach Nobita a lesson. wakaka
17/02/2019 12:29
izoklse Next in line will tax by PH Govt is us investor. Whenever we buy share will SST will be included in our purchase of investment or share. So sad.
17/02/2019 12:31
izoklse This nobita very smart. He give you commendable EPF dividend and start March 2019 he slaughter Raykat by introducing SST for purchasing share or Investment. Betul-betul gila babi punya Govt.
17/02/2019 12:36
Alex™ Geng... 2018 i3 competition everyone lose to Fd rate... But our epf surpasses all!
17/02/2019 13:07
VenFx I strongly suggest PH to encorage URBANIAN to enjoy movie with family at least once a month.
This category of peopples has most burden to fight for a living in an comppetition environment.

A better living will lead to a better Harmon society.


2nd things is, PH shud do a periodically KPI with achievement status to the publics with Big Flat Screen at most congested zone.
That, will achieve with better understanding of currently PH policy and strategy.

MY OBSERVATION :MOST SEASSONS FOOD DOES SHOW INCREASE OF PRICE DURING CNY, ALTHOUGHT RM HAS APPRECIATE SINCE JAN 2019.
BUT, MOST IMPORTAERS IMPORTED THEIR FOOD AT MUCH EARLIER BY AT LEAST 2-4 MONTHS BEFORE.

EVEN FLOUR ALSO HAVING 2-3 TIMES OF COST INCREASING.
PRUCE INDEX OF MOST MEE STALL & MAMAK , I DONT THINK THEY WOULD SOFTENING THEIR SELLING PRICE... (THERE ARE MORE OTHER FACTORS, eg. Renting fee ...)
17/02/2019 13:25
VenFx In my home town, there is no 50% off for the elder movie ticke for blokbuster movie.
I bery kek xin, then i treat my family member to wacth Alita in imax 3D theatre... WHY NO ELDER AND KID DISCOUNT... ?
17/02/2019 13:31
dragonslayer Aiyo Venfx ..where is you hometown...city kah...lol..my wife hometown ada 50% for elderly n children...everytime I went there...3 generation we t to watch movies..ada discounted price...bcos..cinema always not full one lah...city always full ..no discount lah...lol..aiyoyo...kikiki
17/02/2019 13:39

  49 people like this.
 
sardin81 and that fellow "trapped" at 30sen also... why dont want to buy at below 10sen ?
14/02/2019 15:12
sardin81 anyway, KNM is now exposed. The companies giving contract to KNM... they are all very rich companies, I am sure they will also buy KNM shares to keep.
14/02/2019 15:13
sardin81 supply and demand lah.. soon there will be so little shares left in the open, no choice but to go up further
14/02/2019 15:14
yapts how much is the contract! no big deal!!!
14/02/2019 15:32
yapts USD6.49 million over a period of 13 months! Still will be in the red for the next QR.
14/02/2019 15:38
yapts Yusuf smart guy,bought 7.5 sen,sold 11.5 sen,laugh to the bank now!
14/02/2019 15:42
sardin81 you think that fellow bought 7.5sen sold 11.5sen is a smart guy ? he may laugh today... but when KNM goes higher than RM1... he will be crying instead.

You people still dont get it, it is not just the value or the project, it is its ability to win projects at international stage. Today they are just going after small projects, what if suddenly they go for big ones which they are fully capable of.

when KNM did not get project people complain, now they get project also complain. Just continue to complain and before you woke up, KNM already hit past RM1
14/02/2019 16:12
sufian572 Be realistic. KNM will never hit past RM1.
RM0.50 maybe for this year.
14/02/2019 16:19
yapts if KNM DOES NOT return to the black, no point talking about securing project internationally.It must make profit a few QR first before talking about RM1.
14/02/2019 16:26
erkongseng https://m.facebook.com/story.php?story_fbid=2201865483395718&id=1520891084826498
14/02/2019 17:00
sardin81 KNM profit will eventually come. If KNM is showing profit, do you think you will see the price below 10sen ?
14/02/2019 17:08
stillloss a kind of ppl looking at historical, a kind of ppl looking at future.
14/02/2019 17:20
Friendship Today gap up to 0.15!
15/02/2019 04:39
kahsoon888 Erkongseng' u got keep KNM shares?
15/02/2019 07:18
longvalley Just did
Millions..........
Make it clear crazy.......!!!!
15/02/2019 08:39
superb don't always dreaming lah, be realistic haven't reach 15sen going to 50sen or 1.00, if wanna higher price go to casino to bet not here
15/02/2019 08:44
tuapuikia another million coming
15/02/2019 08:59
venture haha...i agree with superb
15/02/2019 10:04
sardin81 RM1 and above is an easy and conservative realistic figure, in fact above RM3 is also a realistic figure and I will not be surprised if it goes above RM5. Just look at their massive high value assets, BORSIG, Peterborough UK, Impress Ethanol Thailand.. they are all international level players. Each of them is worth more than RM1 billion, BORSIG easily RM3 billion and of cos KNM local unit itself.

Not just high quality assets, it also has solid business model now, they can tap into oil and gas and at the same time they can get recurring income from plant and equipment maintenance and replacement via BORSIG ( more than 100 years of equipment/plants out there ) and KNM local units, Waste to Energy plant in Peterborough and Bio Ethanol in Thailand. Of cos Peterborough is not completed yet, but just look ahead of you what KNM will become when Peterborough is completed.

All the above, we are not even looking at new income recurring WTE projects.
15/02/2019 10:35
sardin81 dont just look at price from the share market price, maybe you people think from 10sen how to climb to RM1 and above. I am looking at the value of the company, it is easily worth more than RM1, 10 sen is serverely wrongly priced. Until people realise, it may stay there for a while.. but sooner or later it will go to where it belongs.
15/02/2019 10:39
sardin81 Give u example, in a supermarket... they wrongly label a RM7 AYAM brand Sardine at 70sen. When you see the product on the shelf priced at 70sen. Will you buy ? most likely you wll not buy because you will think it is "PN17", or "expired" or "damaged" stock. Some don't even bother to inspect it.

We should inspect it carefully, if there is nothing wrong with it, surely wrongly it has been wrongly priced. Surely the price will eventually be corrected, its either you take advantage of it or lose the opportunity.

Well, this story may sound not very ethical thing to do, but just example of what KNM is now. It is a case of wrong pricing on KLSE.
15/02/2019 10:50
waren 让我们拭目以待吧!
15/02/2019 10:56
oldchinaman Hi sardin81, thanks for all the infos , but i doubt that why LEE SWEE ENG hold only 13.87%,
15/02/2019 11:06
Woodswater General Lee is now minor shareholder , If u find out the latest 2019 shareholder list , Sardin is the major cake among them . Old China man , u really old info needed updated just avoid u been out dated !


Wakakakaka
15/02/2019 12:05
sardin81 aiya.. they have many proxies lah. What important is the company business. As long as they have BORSIG... there is nothing to worry about.
15/02/2019 12:19
oldchinaman sardine, you are one of his proxies !!!!!
15/02/2019 12:21
Alex™ Chicken analogy also come out... Haha
15/02/2019 12:24
tkl88 https://www.thestar.com.my/business/business-news/2019/02/15/growth-beats-forecasts/
Malaysian economic growth beats forecasts Friday, 15 Feb 2019
15/02/2019 12:31
Bullhunter huge volume great optimism big dreamers of 0.50 and rm1 but reality is can't even move up half sen! However fact is it is down from rm1 to 0.10sen
15/02/2019 16:59
pineapple Let's try 13 first.
15/02/2019 17:14
sardin81 all these fast up cannot sustain, full of speculators. Up 0.5sen they sell... it will be hard to go up. Once they are off the counter, means all of them sold, KNM will move up easily with real investors with holding power.
15/02/2019 17:19
sardin81 many take profit today, because up 0.5sen... not knowingly all those sold taken by real serious investors who knows the real value of KNM.
15/02/2019 17:21
Woodswater Talking is helpless . At least accumulating a bit at .110 since Brent oil price turn bullish cos of weaker usd !

Wakakakaka
15/02/2019 18:40
Woodswater https://www.theedgemarkets.com/article/oil-hits-2019-highs-opec-cuts-us-sanctions

Wakakakaka
15/02/2019 18:46
Woodswater Meantime waiting 4qr18 at the corner . C what surprise brought to us ......

Wakakakaka
15/02/2019 18:50
Friendship KNM poised to hit technical resistance of 0.15 soon and I reckon it’ll breach it easily
15/02/2019 21:11
KLCI Going Heaven lol hit RM 1 i am waiting
16/02/2019 00:15
sardin81 according to news Port Klang is now full of plastic waste that cannot be recycled, a huge amount of plastic waste. Apart from that, some other places are also full or such rubbish. KNM has a solution to that problem via their Advanced Pyrolysis System that can safely process all those waste.

Just think, what will happen when suddenly Gov decide to build a WTE plant to deal with the plastic waste ? Which company have the expertise to build a WTE plant ? you have KNM right infront of you face, one WTE plant cost more than RM500 million... just imagine if we get headline like "KNM awarded RM700 million WTE plant... " it will be too late to chase.
16/02/2019 08:50
Friendship Ya jack ma still waiting to buy haha
Too late d la
16/02/2019 14:52
beginner what is causing or trigger it from rm1 to rm0.10? even with BorSIG it still press down to rm0.10? I thought you said with BoRSIg, it will never go wrong?
16/02/2019 15:38
tkl88 Monday onwards bull market to push above RM1.00
Don't missed this golden opportunity to become a wealthy people!
Any price below RM0.80 is a good buy!
Huat ah! Heng ah! Ong ah!
16/02/2019 17:50
shocklim https://www.thestar.com.my/metro/metro-news/2019/02/16/wastetoenergy-plant-f
16/02/2019 18:24
tkl88 https://www.thestar.com.my/metro/metro-news/2019/02/16/wastetoenergy-plant-for-melaka/
Waste-to-energy plant for Melaka

KNM is the pioneer for waste to energy industry in M'sia & the world !
Like that KNM's reasonable price should be at least around RM2.00 to RM3.00 already !
Huat ah! Heng ah! Ong ah!
16/02/2019 22:05
Cikam Gila ka
17/02/2019 01:43
sardin81 beginner, if you do a careful analysis on KNM share price and the company performance, you can clearly see that share has been pressed down over the past few years.

Why would anyone wants to press down their own shares ? Just think, if you are a business owner and you know that your business will grow very big, unfortunately alot of your company shares belong to other people. Would you let the share price go up high to be enjoyed by so many other people or you rather press it down and collect as many shares as you can at lowest price possible ?

Over the years you can clearly see KNM and BORSIG has been very quiet. They just let the share price fall, very little project announcements, whatever they announce are mostly bad news. Even the two recent financial reporting, you can clearly see those losses are purely accounting play to make it look bad so that more people dump their KNM shares. They hardly do any press conference to promote themselves. If you have noticed in their website, in past few years they have build several WTE plants in Europe, we dont hear anything about them.

I believe major shareholders via their proxies they have collected a lot of shares from many shareholders that has given up. Of cos, they also cannot be collecting forever, sooner or later they will also want to enjoy their new wealth, they will stop pressing it down and let it go up.

I think from the look at the recent development in KNM, it is about time for them to let KNM fly again. We are now starting seeing bits and and pieces of projects coming in. They are starting to make announcement to their projects. unlike what you see for the past few years.

the major shareholder is playing a very smart game.

The sign is clear, its anytime now. Its either you grab it now and hold on to it or you will have the biggest regret in your stock market life.
17/02/2019 01:47
sardin81 tlk88 is right, KNM is the only player in the country who has the knowledge and track record to build a WTE plant. That is why I kept on saying RM1 is just an easy target, RM3 is also achievable and RM5 and above is also something achievable. Because KNM is not a just a local player, they can build WTE anywhere in the world. Melaka is just a small dot in the world, just imagine how big this WTE business can be ?
17/02/2019 01:53
RX350 From RM1 become penny counter
17/02/2019 10:32
longvalley Funds collected mote n mote..... Thn just Push THe button..........!!!!?
Just strategi must we know....!!?
17/02/2019 10:38
JackMa123 Many of them stuck at rm0.70, rm0.50, rm0.30, rm0.20. Now keep on promoting in order to let go their shares before fall below rm0.050.
Bo zao si ah....
17/02/2019 11:22
dragonz98 Delay?
How is the work progressing now ?
ttp://www.theedgemarkets.com/article/cyparks-wte-plant-pd-faces-another-delay
17/02/2019 13:36

  23 people like this.
 
pussycats Now how?
18/01/2019 13:24
129055444514385 the lawsuit, over reaction.... now, geely is drb's partner, geely will guide drb in this lawsuit :)
18/01/2019 16:15
Investhor funny claim by the JV..the agreement was terminate january 2018 but one year later only want to file summons? looks weird and they are trying luck..i dont think DRB will have much issue to settle this claim...anyway we wait for DRB management to respond
18/01/2019 16:44
freddiehero wah..
18/01/2019 18:25
freddiehero start discount..
18/01/2019 18:25
beso after enough goreng up for distribution, -ve news kicked in for the down cycle to start again, next week will be much lower, drb will be hard hit hit by gl case
anywhere nothing good about drb, even turnaround by 2020 estimate eps only arround 8.12 sen, very much over value now
sell.....
18/01/2019 19:28
michaelwong The coming qr results is much better with geely turnaround . Buy on dip and l don't think the share price is badly affected and could go lower to 1.60 .
18/01/2019 19:37
freddiehero lets break 1.0
18/01/2019 20:47
yongch Still got peoples big hope to this "anak darah mari"ke???short term it may drop below rm1.0 lo...better swift to perodua lo!!!tp0.89!!
18/01/2019 21:27
signalmw 多元重工昨日向交易所报备,金星入禀广东高庭,针对2015年4月17与中国宝腾汽车有限公司(PACL)一项联营协议提出诉讼,同时索赔5亿2290万8713令吉。
18/01/2019 21:33
James Ng https://klse.i3investor.com/blogs/general/190748.jsp
[转贴] [DRB-HICOM BHD:国内外环境存在波动性和不确定性,预计将继续受到PROTON财务表现的拖累] - James的股票投资James Share Investing
19/01/2019 14:09
Yi Heng drb tp from 2.8 to 2.1, better sell it and wait for more discount
19/01/2019 21:51
Yi Heng yes, different people have different views on this company too. Good luck victor yong if u have this counter, hope u make big buck of monies. :)
19/01/2019 22:01
Yi Heng the fact is the case will have risk to affect this company's current and future profit and assets. unless u already guess the ending is happy ending.
19/01/2019 22:06
MyFashions Cloth May I know how much PE for this stock
20/01/2019 09:23
Yi Heng PE not important in this counter,u need consider price only..i also dont know how much this counter worth。。。RM1?cause this case is serious case, if not settled, hard to predict how much this counter value...its just my noob opinion, u can buy it when prices is low also haha
20/01/2019 10:16
balvin71 The problem I see is cash flow. If have to pay 500 million cash, where the cash coming from?
21/01/2019 07:24
James Ng https://klse.i3investor.com/blogs/general/190825.jsp
[转贴] [Facebook live:浅谈DRB-Hicom bhd (DrbHcom)] - James的股票投资James Share Investing
21/01/2019 09:24
smartrade Post removed. Why?
22/01/2019 09:54
BULL1000BEAR1000 Look at the car price. Do you think we are stupid?
22/01/2019 13:00
beso many many preorders have been cancelled & switched to subaru suv, drb won't be better of than last year, look at the price tag you think ppl will buy or not? they have no business sense at all
22/01/2019 13:40
Yi Heng nvm, RM1 call me
22/01/2019 18:42
Yi Heng you will lose one proton if u keep your Proton paper..
23/01/2019 21:25
129055444514385 EPF started selling the stock.... be cautious :)

EMPLOYEES PROVIDENT FUND ("EPF") BOARD 15-Jan-2019 Disposed 116,500 0.000 View Detail
EMPLOYEES PROVIDENT FUND ("EPF") BOARD 10-Jan-2019 Acquired 220,000 0.000 View Detail
EMPLOYEES PROVIDENT FUND ("EPF") BOARD 04-Jan-2019 Acquired 1,000,000 0.000 View Detail
EMPLOYEES PROVIDENT FUND ("EPF") BOARD 31-Dec-2018 Acquired 236,100 0.000 View Detail
EMPLOYEES PROVIDENT FUND ("EPF") BOARD 28-Dec-2018 Acquired 360,000 0.000 View Detail
EMPLOYEES PROVIDENT FUND ("EPF") BOARD 27-Dec-2018 Acquired 250,000 0.000 View Detail
24/01/2019 19:25
michaelwong Meantime just hold on to your brakes b4 driving ahead in the dusty stormy weather roads .
24/01/2019 21:50
snowy2 https://www.klsescreener.com/v2/news/view/484440
26/01/2019 16:27
Yi Heng wait epf another 10 transactions, can all in already :)
26/01/2019 21:49
29/01/2019 18:51
snowy2 https://www.klsescreener.com/v2/news/view/485746
News abt drb jv.
29/01/2019 21:50
param54 boring
30/01/2019 14:48
BULL1000BEAR1000 The policy forcing everyone of middle class to buy and use rubbish car.
30/01/2019 19:21
john still down trend?
31/01/2019 22:43
Nicholasming91 Yes testing 1.60 level
31/01/2019 23:12
snowy2 https://paultan.org/2019/02/01/proton-sold-7007-cars-in-january-2019/
01/02/2019 19:39
john end of the down trend?
01/02/2019 21:54
Keat Soon Ong Good news coming out, up trend liao.
02/02/2019 09:23
zhangliang like a sea saw up and down
04/02/2019 17:42
param54 will suck us in and then throw out
04/02/2019 21:03
mneo Gong Xi Fa Cai....Happy CNY to everyone...:-)
06/02/2019 08:48
john wow.. up suddently.. why?
07/02/2019 14:58
BULL1000BEAR1000 Bcoz X70 is the best pricing and best selling car
12/02/2019 13:09
Nicholasming91 This QR no effect.. if this QR show good result.. next QR will even be better
12/02/2019 13:35
param54 when qr.results
12/02/2019 16:54
Bullcoming X70 from Dec 12 to 12th January 2019, total 15000 booking that translated into Rm 1.5billion over approximately 1 month sales.
15/02/2019 11:52
Bullcoming Strong buy, believe will go to new Height of 3
15/02/2019 11:55
Nicholasming91 The result only will come next QR. Coming QR dunno result yet
15/02/2019 11:59
supertrader888 Drb very nice ! Slowly move forward.. believe coming QR will be good also
15/02/2019 15:08
kieus7663 very high volume today! something in the making.. get prepare for the soar ...
16/02/2019 01:08
superbull11 DRBHCOM appear BUY signal , expect T.P = 2.40 in short term after FEB QR announed , take note
17/02/2019 12:12
Sharkahkao Bukhari told me tp 2.80 as coming qr turn into black about +100mil
17/02/2019 13:35

  37 people like this.
 
lawk 1 ringgit 1 ringgit.. collect before 5pm today so that you can sleep well on coming weekend. INSAS Canteeek
15/02/2019 15:29
lawk everyone HUAT ahh..
15/02/2019 15:31
TheContrarian Not everyone HUAT, only those who own Insas
15/02/2019 15:35
lawk ops.. INSAS share holders HUAT ahh..
15/02/2019 15:37
sampah RED ALERT ! ! ..... INSAS-WB ALREADY DROPPED...

Sharks does not want the dilution of shares. INSAS retreated from high.

LENO and CALVINTANENG ALREADY DUMPED!!

DON'T BE FOOLED AND HURTED BY THEM AGAIN !
15/02/2019 18:43
sampah Anyone hurted by CALVINTANED to BUY JTIASA RM 1.80 and PERISAI 55 sen

STILL HERE?

SHARE YOUR EXPERIENCE WITH ALL.
15/02/2019 18:48
sampah RUNNNNNNN!!!!!!!!!!!!
15/02/2019 18:49
(S = Qr) Philip Stockraider,

I post here first so you can find your supporters.

>>>

Do you think I will so silly pump in his money now in stocks like Sapura and Insas?

Think a bit. Understand risk. Your concept of margin of safety means nothing if your management decides to invest in weird companies like biotech and fintech and failed investments.

Just read about this:
https://www.thestar.com.my/business/business-news/2015/06/27/insas-creates-a-listable-financial-technology-outfit/

this was in 2015. Insas had 30% of inari, sold its shares to buy crap like numoni. Now INSAS has 19% of INARI.

Where is numoni now?

Now insas buys biotech company sengenics. That buys biotech office in brunei, of all places. Brunei where got any talent or growth in biotech. Doesnt that raise any question marks?

then your insas buys vigsys sdn bhd. this vigsys:
http://www.vigsys.net/
Would you even buy anything from this webpage?

How about this? This is also a insas subsidiary.
http://www.jcpacific.com.my/
Would you buy anything from this company?

How about this? This is also INSAS subsidiary.
https://www.iprac.com/
In the age of UBER and GRAB, when was the last time you rented a car in SINGAPORE?

How about this? This is insas franchise.
http://www.domecafe.com.my/
Can you name me off the top of your head where is your nearest dome cafe. Ask your kids if they have gone to dome recently? Old town? Starbucks? Which is more popular and with better products/marketing?

How about this? This is INSAS core business.
https://www.mnaonline.com.my/
Do a survey, ask yourself. When you buy stocks, do you even use M&A stockbroking services? Why not? Which do you trust more? Hong Leong? Public Bank? Maybank? If you as a INSAS shareholder don't even use your own products, what does that say about the company?

I could go on and on with kind of bullshit INSAS buys:

On 25 July 2018, Insas Technology Berhad (“ITB”), a wholly-owned subsidiary of the
Group had disposed off 12,000 ordinary shares, representing the entire shareholding in
Vigcashlimited LLC (“Vigcash”), to Mr. Sanj Natsagdorj for a total cash consideration of
USD1,500 (“Disposal”). Arising from the Disposal, Vigcash ceased to be an indirect
subsidiary company of the Group.
Vigcash was incorporated in Mongolia on 7 December 2005 and its issued and paid-up
share capital is USD10,000. The Company is currently dormant and the net asset value of
the Company is USD31.

Inari was a 1 shot lucky pony, that the dad bought. He is now retired, step down. Replaced by his son. Who is buying all of these companies with the money his dad earned. You see any future in these companies? Where is your margin of safety calculation in a son that uses all the goodwill of previous management to buy these crap?

12 million you think so easy to earn ah? I thought you previously office boy? You of all people should understand what RISK is.

You want me to invest in INSAS? I dont buy companies for what they have done before.

I buy companies for the capability they have today, and what I think they will do tomorrow.

Faham?
16/02/2019 12:55
stockraider Understand concept of risk.....is knowing how big & deep your margin of safety buy mah.......!!

Insas is the best balance margin of safety u can buy now loh....!!

How about this? This is INSAS core business.
https://www.mnaonline.com.my/
Do a survey, ask yourself. When you buy stocks, do you even use M&A stockbroking services? Why not? Which do you trust more? Hong Leong? Public Bank? Maybank? If you as a INSAS shareholder don't even use your own products, what does that say about the company?

I could go on and on with the kind of bullshit INSAS buys:

On 25 July 2018, Insas Technology Berhad (“ITB”), a wholly-owned subsidiary of the
Group had disposed off 12,000 ordinary shares, representing the entire shareholding in
Vigcashlimited LLC (“Vigcash”), to Mr. Sanj Natsagdorj for a total cash consideration of
USD1,500 (“Disposal”). Arising from the Disposal, Vigcash ceased to be an indirect subsidiary company of the Group. Vigcash was incorporated in Mongolia on 7 December 2005 and its issued and paid-up share capital is USD10,000. The Company is currently dormant and the net asset value of
the Company is USD31.

>>>>

Inari was a 1 shot lucky pony, that the dad bought. He is now retired, step down. Replaced by his son. Who is buying all of these companies with the money his dad earned. You see any future in these companies? Where is your margin of safety calculation in a son that uses all the goodwill of previous management to buy these crap?

12 million you think so easy to earn ah? I thought you previously office boy? You of all people should understand what RISK is.

You want me to invest in INSAS? I dont buy companies for what they have done before.

I buy companies for the capability they have today, and what I think they will do tomorrow.

Faham?
16/02/2019 13:01
leno hahahah ... u 2 got no life ... saturday also so busy working. Anyway ... Philip score 10 biji .. raider cipet got zero. INSAS ... BOH CHOW CCCCCCCCCCCCCCC AAAAAAAAAAAAAAAAAAAAAAAAA !! COmrades !! Monday come ... we SELLL EVERYTHING ....... dunt say leno no give u early warning hah ..... BOH CHOOWWWWWWWWW CCCCCCCCCCCCCCCCCCCCCCCCCC AAAAAAAAAAAAAAAAAAAAAAAA !!
16/02/2019 13:34
stockraider Leno pergilah....whole life talkcock for what ??

Cakap macam tak siuman loh.....!!
16/02/2019 13:40
(S = Qr) Philip Even here raider no supporter.

Sad.

I go eat egg tart first. Happy Saturday all.

Insas CAAANTEEEKKK! :)
16/02/2019 14:59
deMusangking supporters dun make noise lah!!! onli non believers sangat bising!!!

haha
16/02/2019 15:00
Sslee Dear stockraider,
I consider myself as an activist shareholder: Encouraging and putting pressure on management at AGM to increase shareholder value through change in dividend policy, corporate policy, governance, transparency and accountability. I make friends with BOD, writing thank you note and sending Christmas and New Year Card to them. I seek meeting with BOD and luckily Dato’ Wong readily seeing me but not the reclusive Dato’ Sri Thong.

I am doing this not just because I hold INSAS share but because I do feel the hopelessness and suffering of minority shareholder for holding this severely undervalue share for so many years without knowing when INSAS value can be unlock and the patty dividend of 1 cent (2017 AGM where I argue with the Board for better dividend for hour to no avail). I am very thankful and grateful to Dato’ Wong for giving an interim dividend of 2 cents when announcing the Q1 (FYR 2019) result.

As per Mr. Philip comment, I agree INSAS is undervalued because of 19.1% holding in INARI. Lately I bought some INARI share and added some INSAS share, even thou I know I can own indirectly more INARI share by buying INSAS. (Reason: INARI market price will have better change of faster increase)

I appreciate Mr. Philip articles and comments as he really put in a lot of research and reading and understanding the business. I just bought some PCHEM share and will continue monitor the quarterly report and bought more with my monthly salary.

For you, my advice is to read more annual report and widen your business understanding. You cannot go far with your one dimension margin of safety approach and argue for the sake of arguing.
But if you feel the need for arguing then argue with quack, quack, quack you both are sparring partner made in heaven

Thank you.
16/02/2019 15:35
probability tom & jerry: never ending fight
................................

raider & 3iii (high risk vs low risk)

kc & quack^3 ( FA vs gut instinct)

cpteh & bull market (coward vs optimism)

calvintan & NTA unlocking value (hidden value vs strong promo to unlock)

sslee & management to increase share holder value (share holder vs management)
16/02/2019 15:46
stockraider Dear SSlee,

As a friend raider will advice that u are already in the right direction buying into insas and holding it on long loh...!!

I think u need not necessary listen to KYY which u have a bad experience and now u make the same mistake listening to Philip loh...!!

SSlee u need to have confidence with your investment and do not swayed by the winds and the boastful master claim mah...!!

The day u stand up & willing to be your own master, u will be not be a slave to Kyy or Philip anymore mah...!!

U r good enough be be a master why u want to stay a slave leh ??

U can be better than them mah, Raider has shown u the way and your Insas has beaten QL by a mile to date mah, the only problem, raider see u have no confidennt to take the leadership position loh...!!

Stand up...no need to ampu...ampu anymore...u r a master of ur own right mah....!!
16/02/2019 16:04
leno Dear INSAS COMRADES,
dun fall into Raider cipet trap. He is always up to no good.
He think he the onli wan panlai. Everi one no follow him is bolo.
Other ppl got money to buy other counter is bolo.
Other ppl sell his counter is bolo.
Cipet lu lar ... u go eat sheet.
Philip 20 ... cipet raider ZERO.
BOH CHOW CCCCCCCCCC AAAAAAAAAAAAAAAA !!!
16/02/2019 16:15
stockraider Don listen to this pondan talk loh...!!
It is better for your investment health mah....!!

Why leh ??
When Dow down alot, u panic like the end of the world coming mah...u run everywhere to hide...but u cannot escape mah....!!
After a long suffering of down....now the mkt consolidated and now up and Dow up alot....again u panic...with another pondan talk loh..!!

Yes it is not wrong to be a pondan...but pls put your monies into fixed deposits like most pondan did and avoid the pain of stock market fluctuating completely loh...!!

If u want to be a successful investor u need to be brave & smart and not be affected by pondan talk & action loh...!!

U r right bcos u select the right stock with big margin of safety mah..!
U profit bcos u have conviction & hold to ur belief mah...!!

Posted by leno > Feb 16, 2019 04:15 PM | Report Abuse

Dear INSAS COMRADES,
dun fall into Raider cipet trap. He is always up to no good.
He think he the onli wan panlai. Everi one no follow him is bolo.
Other ppl got money to buy other counter is bolo.
Other ppl sell his counter is bolo.
Cipet lu lar ... u go eat sheet.
Philip 20 ... cipet raider ZERO.
BOH CHOW CCCCCCCCCC AAAAAAAAAAAAAAAA !!!
16/02/2019 16:17
Dogs 一群狗
16/02/2019 20:04
calvintaneng INSAS IS VERY UNDERVALUE & VERY CHEAP

Let's listen to this nice song

We Thank Thee
By Jim Jim Reeves

We thank Thee each morning for a newborn day
where we may work the fields of new mown hay
We thank Thee for the sunshine
and the air that we breathe
Oh Lord we thank Thee

We thank Thee for the rivers that run all day
we thank Thee for the little birds that sing away
we thank Thee for the trees
and the deep blue sea
Oh Lord we thank Thee

Oh yes we thank Thee Lord
for every flower that blooms
birds that sing, fish that swim
and the light of the moon.
We thank Thee every day
as we kneel and pray
that we were born with eyes
to see these things.

We thank Thee for the fields
where the clovers grow
we thank Thee for the pastures
where the cattle may roam
We thank Thee for Thy love so pure and free
Oh Lord we thank Thee.
Oh yes we thank Thee Lord
for every…

https://www.youtube.com/watch?v=3pXzge4uhVs
16/02/2019 20:35
hollandking anyone heard of ppl who could paint the world into existence and the painter itself is in the painting too?
16/02/2019 20:44
hollandking the painter is both the painter and the painting
16/02/2019 20:44
hollandking what is real is not real, what is not real is real too, they are the same
16/02/2019 20:45
hollandking is just the perception itself bringing the divide, once u break the divider, u will see they are the same
16/02/2019 20:46
hollandking i'm trying to figure this out, what it is
16/02/2019 20:47
hollandking breaking the divider perhaps is the awakening
16/02/2019 20:48
hollandking so the key is the painting, start painting, dont ask me, im trying to figure it out
16/02/2019 20:49
calvintaneng he Gospel According to Saint John
Return to Index

Chapter 1
1
In the beginning was the Word, and the Word was with God, and the Word was God.

2
He was in the beginning with God.

3
All things came into being through Him, and apart from Him nothing that exists came into being.

4
In Him was Life, and that Life was the Light of men.

5
The Light shines in the darkness, and the darkness has not overpowered it.

6
There was a man sent from God, whose name was John.

7
He came as a witness, in order that he might give testimony concerning the Light--so that all might believe through him.

8
He was not the Light, but he existed that he might give testimony concerning the Light.

9
The true Light was that which illumines every man by its coming into the world.

10
He was in the world, and the world came into existence through Him, and the world did not recognize Him.
16/02/2019 20:52
calvintaneng 11
He came to the things that were His own, and His own people gave Him no welcome.

12
But all who have received Him, to them--that is, to those who trust in His name--He has given the privilege of becoming children of God;

13
who were begotten as such not by human descent, nor through an impulse of their own nature, nor through the will of a human father, but from God.

14
And the Word came in the flesh, and lived for a time in our midst, so that we saw His glory--the glory as of the Father's only Son, sent from His presence. He was full of grace and truth.

15
John gave testimony concerning Him and cried aloud, saying, 'This is He of whom I said, 'He who is coming after me has been put before me,' for He was before me.'

16
For He it is from whose fullness we have all received, and grace upon grace.

17
For the Law was given through Moses; grace and truth came through Jesus Christ.

18
No human eye has ever seen God: the only Son, who is in the Father's bosom--He has made Him known.

19
This also is John's testimony, when the Jews sent to him a deputation of Priests and Levites from Jerusalem to ask him who he was.

20
He avowed--he did not conceal the truth, but avowed, 'I am not the Christ.'

21
'What then?' they inquired; 'are you Elijah?' 'I am not,' he said. 'Are you the Prophet?' 'No,' he answered.

22
So they pressed the question. 'Who are you?' they said--'that we may take an answer to those who sent us. What account do you give of yourself?'

23
'I am the voice,' he replied, 'of one crying aloud, 'Make straight the Lord's way in the Desert,' fulfilling the words of the Prophet Isaiah.'

24
They were Pharisees who had been sent.

25
Again they questioned him. 'Why then do you baptize,' they said, 'if you are neither the Christ nor Elijah nor the Prophet?'

26
'I baptize in water only,' John answered, 'but in your midst stands One whom you do not know--

27
He who is to come after me, and whose sandal-strap I am not worthy to unfasten.'

28
This conversation took place at Bethany beyond the Jordan, where John was baptizing.

29
The next day John saw Jesus coming towards him and exclaimed, 'Look, that is the Lamb of God who is to take away the sin of the world!

30
This is He about whom I said, 'After me is to come One who has been put before me, because He was before me.'

31
I did not yet know Him; but that He may be openly shown to Israel is the reason why I have come baptizing in water.'

32
John also gave testimony by stating: 'I have seen the Spirit coming down like a dove out of Heaven; and it remained upon Him.

33
I did not yet know Him, but He who sent me to baptize in water said to me, ''The One on whom you see the Spirit coming down, and remaining, He it is who baptizes in the Holy Spirit.'

34
'This I have seen, and I have become a witness that He is the Son of God.'
16/02/2019 20:53
calvintaneng 35
Again the next day John was standing with two of his disciples,

36
when he saw Jesus passing by, and said, 'Look! that is the Lamb of God!'

37
The two disciples heard his exclamation, and they followed Jesus.

38
Then Jesus turned round, and seeing them following He asked them, 'What is your wish?' 'Rabbi,' they replied--'Rabbi' means 'Teacher' --'where are you staying?'

39
'Come and you shall see,' He said. So they went and saw where He was staying, and they remained and spent that day with Him. It was then about ten o'clock in the morning.

40
Andrew, Simon Peter's brother, was one of the two who heard John's exclamation and followed Jesus.

41
He first found his own brother Simon, and said to him, 'We have found the Messiah!' --that is to say, the Anointed One.

42
He brought him to Jesus. Jesus looked at him and said, 'You are Simon, son of John: you shall be called Cephas' --that is to say, Peter (or 'Rock').

43
The next day, having decided to leave Bethany and go into Galilee, Jesus found Philip, and invited him to follow Him.

44
(Now Philip came from Bethsaida, the same town as Andrew and Peter.)

45
Then Philip found Nathanael, and said to him, 'We have found him about whom Moses in the Law wrote, as well as the Prophets--Jesus, the son of Josep
16/02/2019 20:54
calvintaneng 45
Then Philip found Nathanael, and said to him, 'We have found him about whom Moses in the Law wrote, as well as the Prophets--Jesus, the son of Joseph, a man of Nazareth.'

46
'Can anything good come out of Nazareth?' replied Nathanael. 'Come and see,' said Philip.

47
Jesus saw Nathanael approaching, and said of him, 'Look! here is a true Israelite, in whom there is no deceitfulness!'

48
'How do you know me?' Nathanael asked. 'Before Philip called you,' said Jesus, 'when you were under the fig-tree I saw you.'

49
'Rabbi,' cried Nathanael, 'you are the Son of God, you are Israel's King!'

50
'Because I said to you, 'I saw you under the fig-tree,'' replied Jesus, 'do you believe? You shall see greater things than that.'

51
'I tell you all in most solemn truth,' He added, 'that you shall see Heaven opened wide, and God's angels going up, and coming down to the Son of Man.'
16/02/2019 20:55
qqq3 calvin....there is word to describe u , people who wears the Book on their sleeves........
16/02/2019 21:01
qqq3 calvin...one common word to describe u is ...hypocrites.
16/02/2019 21:02
calvintaneng This is what the Bible call fools

New American Standard Bible (Proverbs 15:2)
The tongue of the wise makes knowledge acceptable, But the mouth of fools spouts folly.

King James Bible
A fool's mouth is his destruction, and his lips are the snare of his soul.
16/02/2019 21:05
hollandking painting isn't just an art, is more than that, if u know how
16/02/2019 21:07
hollandking wisdom is a gift, nobody is born superior, the gift is given and slowly built up till its final product.
16/02/2019 21:11
hollandking the first is to learn to listen to God. What is listening to God? Many think they know. Learn through experience, 1 step at a time, slowly built up, provided u r granted the privilege or the gift. If not, u can't progress at all. Listening is very very very hard, is not like u listen to what u listen everyday.
16/02/2019 21:13
hollandking anyway, i just discovered or perhaps being revealed something very very very small today, so I'll start my painting next week.
16/02/2019 21:16
leno if u got brain ... u go paint and tok kok about your religion in other thread.
Why fak u come here tok kok about your god in insas.
Your god teach u to do this huh ?
Your god ask u to be considerate, dun simply offend other ppl .. but why u no listen to your god ?
u no believe wat your god teach ?
Now, go get lost.
This is INSAS CANTEEEEEEEEEEEEEEKKK counter.
Cipetchem counter. not god counter. not raider vs philip counter.
Not pundan counter. Not boh lampah counter.
INSAS is for INSAS COMRADES.
INSAS CANTEEEEEEEEEEEEEEEEEEEEEEEEEEEEEEKKKKK !!
BOH CHOW CCCCCCCCCCCCCCCC AAAAAAAAAAAAAAAAAAAAAAAAAA !!!
16/02/2019 22:48
KONG_AI_CHENG_pBook calvintaneng, did you still hold PERISAI ?
16/02/2019 23:33
HIBISCS calvintaneng never own/bought a single PERISAI share,
and yet he called you to buy PERISAI 55 sen.
17/02/2019 05:35
leno Maybe calvimtaneng is true this time?

Last time he suggested MULPHA 48 sen.
And MULPHA now already up to RM 1.80, a whooping 300% gain in MULPHA.
17/02/2019 13:10
leno Losing 100% in PErISAI never mind, if you also bought MULPHA together,

YOU STILL HAVE 200% GAIN mah.
17/02/2019 13:12
leno I just don't understand why calvintaneng promoted PERISAI, the stock he never owned.
17/02/2019 13:13
leno or if you lose 50% in BPURI, you still have 150% gain mah,
if you lose 50% in INSAS, you still have 100% gain mah.
But if you had bought CARIMIN, you already have 500% gain eh,

so losing 100% in PERISAI,
losing 80% in ALAM, etc,

you still have 250% gain mah
17/02/2019 13:16
leno anyway just SUSPECTED CALVINTANENG is REALLY DUMPING INSAS, just like how he PROMOTED JTIASA RM 1.80

So all your gain is ERASED after all.
17/02/2019 13:17
leno Calvintaneng, apolloang, philip, etc mad doggies arrived.


RUNNNNNN!!!!!!!!!!!
17/02/2019 13:24
VenFx Maybe leno its time to change your photo to Husky.
17/02/2019 13:27
VenFx Husky as a Dig family shall bring good feng sui in 2019.
17/02/2019 13:27
VenFx https://www.bookdepository.com/Siberian-Huskies-Kerry-Kern/9780764145933?redirected=true&utm_medium=Google&utm_campaign=Base3&utm_source=MY&utm_content=Siberian-Huskies&selectCurrency=MYR&w=AFFZAU9S66TZ6BA803H1&pdg=pla-309163701030:kwd-309163701030:cmp-803142848:adg-42324411106:crv-196797181359:pid-9780764145933:dev-m&gclid=CjwKCAiAhp_jBRAxEiwAXbniXYTx1IxQa0Rrb-N-UqXbi7SX0Lw3HWSD8-80LqVDMDgbZA7C50S7whoCi1gQAvD_BwE

ME : LENO SIS, ARENT THE HUSKY CUTE ?
17/02/2019 13:34

  3 people like this.
 
qqq3 small cap index...hit a low in mid Dec 2018......


now, raider, and all the rest of the small cap rubbish players come to tell of the marvels of small caps.....


....what they will not remind themselves, is how much money they lost in 2018.........
16/02/2019 20:03
Apabagus The author will always win.You all need 5 or more yrs to see his results.Next year me also dunno where you will be.
Another thing,no need show off your 20 mil,10 mil..etc in i3.Who cares?
16/02/2019 20:04
stockraider Hit low means ???

Big opportunities mah....!!

Can buy quality undervalue with big margin of safety loh...!!

U understand investment or not leh ??

Posted by qqq3 > Feb 16, 2019 08:03 PM | Report Abuse

small cap index...hit a low in mid Dec 2018......


now, raider, and all the rest of the small cap rubbish players come to tell of the marvels of small caps.....


....what they will not remind themselves, is how much money they lost in 2018....
16/02/2019 20:05
Apabagus If you want try to make a name for yourself in i3 try better OTB results first.Else no need to show off your F****** intelligence.
16/02/2019 20:07
qqq3 raider...u want to buy rubbish, go ahead and buy....why u troll the forum?
16/02/2019 20:08
stockraider Where got ??

Ur boss panic after i commented his pchem so so mah...!!

Posted by qqq3 > Feb 16, 2019 08:08 PM | Report Abuse

raider...u want to buy rubbish, go ahead and buy....why u troll the forum?
16/02/2019 20:10
qqq3 Apabagus > Feb 16, 2019 08:04 PM | Report Abuse

The author will always win
=========

The forum got enough of rubbish collectors and rubbish promoters....

about time some starts to promote some good companies......
16/02/2019 20:11
Apabagus Wait 5 yrs then comment loh.That time he dunno where already.Next time anyone challenge you,you tell them wait 3 yrs loh.At least 3 yrs more reasonable mah.

stockraider > Feb 16, 2019 08:10 PM | Report Abuse

Where got ??

Ur boss panic after i commented his pchem so so mah...!!
16/02/2019 20:13
qqq3 the quartet of rubbish promoters, promoters of rubbish stocks.........Kc Chong, Calvin, raider, sslee......famous already......


margin of what? margin of rubbish?
16/02/2019 20:14
hollandking aiya, sama2 lah, all gamblers lah
16/02/2019 20:14
stockraider What is good co ???

Yes of course raider want to buy good company....but not overvalue good company like QL PE 50x mah....!!

If like that better buy insas quality good value co PE 6.5x mah....!!

In real life always be prepare for alternative which is even better mah.....!!

Posted by qqq3 > Feb 16, 2019 08:11 PM | Report Abuse

Apabagus > Feb 16, 2019 08:04 PM | Report Abuse

The author will always win
=========

The forum got enough of rubbish collectors and rubbish promoters....

about time some starts to promote some good companies......
16/02/2019 20:15
calvintaneng Posted by stockmanmy > Feb 16, 2019 04:35 PM | Report Abuse

the shrinking Singapore and KL stock exchanges with the de-listing of so many useless companies with huge discounts to NTA, so what margin of safety u want to talk about ?


.kc Chong, Calvin , raider and that sslee. ?

all these are die hard drug peddlars , no sense of reality.

no sense of history......


CALVIN REPLIES TO THIS ILL INFORMED QUACK

Why were KLSE Companies delisted?

Answer:

Precisely due to this qqquack type of fools telling people to chase Greater Fools Stocks like IFCA over Rm1.80, Sumatech over 70 sen, Jaks over Rm1.70, Sendai over Rm1.30 that most newbies don't know how to invest in VALUE SHARES

THAT IS THE MAIN REASON WHY SHARES OF VALUE ARE IGNORED & INSIDERS TOOK ADVANTAGE TO TAKE THEM PRIVATE ONE BY ONE FAR BELOW TRUE VALUE

1) TMAKMUR
2) KULIM
3) THESTORE
4) WEIDA
5) DAIMAN
6) PETALING TIN
7) MWE
8) SELANGOR PROPERTY
9) QRS
10) KFC

AND MANY OTHERS

VALUE INVESTING IS LIKE DRIVING A HIGH SPEED CAR WITH SEAT BELT & AIRBAG

GOING IN SHIPS WITH LIFE JACKETS

GOING UP IN PLANE WITH PARACHUTE

ONLY THIS QUACK WILL DRIVE A CAR WITHOUT SEAT BELT OR BRAKE

SO STUPID QUACK
16/02/2019 20:16
stockraider He can easily change id mah....!!

So must comment now loh...!!

Posted by Apabagus > Feb 16, 2019 08:13 PM | Report Abuse

Wait 5 yrs then comment loh.That time he dunno where already.Next time anyone challenge you,you tell them wait 3 yrs loh.At least 3 yrs more reasonable mah.

stockraider > Feb 16, 2019 08:10 PM | Report Abuse

Where got ??

Ur boss panic after i commented his pchem so so mah...!!
16/02/2019 20:17
qqq3 calvin....people can also judge u by the stocks u do promote, all rubbish.........not the stocks u warn about ( also rubbish )....

promote or warn about also all rubbish....body covered with rubbish....

rubbish specialist.
16/02/2019 20:23
stockraider calvin stock pick very much better than yours loh

Posted by qqq3 > Feb 16, 2019 08:23 PM | Report Abuse

calvin....people can also judge u by the stocks u do promote, all rubbish.........not the stocks u warn about ( also rubbish )....

promote or warn about also all rubbish....body covered with rubbish....

rubbish specialist.
16/02/2019 20:24
greatwall rubbish specialist.????

tepat betul!!!!
16/02/2019 20:24
16/02/2019 20:25
qqq3 calvin

there is a word for people who warn about rubbish, only for themselves to promote their own rubbish......what is the word already/?

your trade mark, u know?

just like kc...he warns about Jaks/ Sendai and go promote what? his own rubbish......
16/02/2019 20:31
stockraider I thought u r the greatest rubbish promoter...promoted sendai and jaks all lose monies mah...!!

Posted by qqq3 > Feb 16, 2019 08:31 PM | Report Abuse

calvin

there is a word for people who warn about rubbish, only for themselves to promote their own rubbish......what is the word already/?

your trade mark, u know?

just like kc...he warns about Jaks/ Sendai and go promote what? his own rubbish.....
16/02/2019 22:13
qqq3 I am a trader... I promote any thing... I got no discrimination
16/02/2019 22:16
Sslee Dear all,
It is wisdom in knowing that you are novice in share investment and prepare to learn from all the Sifu in I3investor.

It is beyond shameful to claim himself as arrogant veteran “I earned my rights... I am not a novice” and using the butt of 3iii, Philip and Vitrox to whitewash his face as promoter of quality stocks when he himself hold none of these stocks. He is so poor to only have few thousands to invest despite working his whole life as fake accountant and even dare not “Sailang” his so claimed 1 million in EPF into JAKS when JAKS is so beaten down now. Tell me how to be as rich as Mr. Koon when he reaches the age of 80?

I fancy my chances of having 10 million in my portfolio in 5 year time because I know I can. With million+ (1/3 of my cash holding) in my portfolio now and I intend to invest 40K part of my monthly salary every month with growth stocks giving decent dividend (I divided my portfolio into dividend stock, trading stock (O&G theme play) and growth+ dividend stock) PCHEM satisfied my criteria of growth + dividend stock and I actually hope EPF sale more so that I can collect at cheaper cost to me.

Previously I wrote I am waiting for i3lurker to short INSAS to 50cents for me to collect and now JAKS had dropped to 55cents so quack quack quack what are you waiting for? Practice what you preach, walk the talk or else you are the biggest liar, hypocrite, (bo-lan-pha) and crap collector.

Thank you
16/02/2019 22:31
qqq3 sslee... as a novice u are horribly horribly arrogant....
16/02/2019 22:34
qqq3 just saying the truth... u know it, I know it, we both know it... that u are a novice
16/02/2019 22:36
qqq3 sslee..u and your gang of sslee, kc, raider and that calvin....

all rubbish promoters, I wish to expose the fraud of your rubbish selections, your margin of safety frauds.

I think it is better to promote good quality stocks than your rubbish collectors fraud......
16/02/2019 22:46
qqq3 kcchong...

what is the end result of your margin of safety?

when was the last time u bought a good quality company?

I mean u are depriving the 20+ to learn to invest in good quality companies..... a life ahead to learn to invest properly.

not your kind of low quality companies with zero growth qualities and look cheap by your standards.......
17/02/2019 01:26
qqq3 kc.......small cap index had a good run since mid Dec 2018.....many small caps did well....

u know ahead that the small caps will do well since mid Dec meh?

so, is it about your margin of rubbish? or about speculations and trading and group dynamics and gambling?


what has the small cap run up got to do with investing in good companies?
17/02/2019 01:32
qqq3 kc


not your kind of low quality companies with zero sustainable growth qualities and look cheap by your standards.......

kc...when was the last time u bought any share in companies with good sustainable growth qualities? got cheap one ah?
17/02/2019 02:16
qqq3 kc


not your kind of low quality companies with zero sustainable growth qualities and look cheap by your standards.......

kc...when was the last time u bought any share in companies with good sustainable growth qualities? got cheap one ah?

I can name u 2...they are Jaks and Sendai....both trading at penny stocks level due to forced selling by substantial shareholder.
17/02/2019 02:29
(S = Qr) Philip Good morning, appreciate if all can keep comments on the viability of PCHEM as a growth stock and long term pro and cons of holding PCHEM. Please start a chat somewhere else if nothing concrete or useful to add. Readers will be very irritated if all they see is arguments over nothing, and stockraider repeating same argument ad nauseum.

FYI, just in case anyone is wondering in why my father in law agreed in buying PCHEM, please note one interesting fact.

PCHEM has almost zero debt. Yes no current debt, no long term problem to worry about. No preferred shares hanging over your head, no warrants, no esos.

And this with a multinational group of directors and the best bumiputera talent money can buy. If you have a really smart Malay friend( and I have many good friends), chances are he works for petronas.

It has 8 billion shares. That's it. No more. No less.

Listed company. No hidden agenda like stockraider says. Clear annual reports and governance. It's actually worth more than petronas dagangan, which tells you the future of PCHEM.

I believe PCHEM at 17 billion USD cap, 19 billion revenues, 4 billion earnings has much room to grow.
17/02/2019 09:20
(S = Qr) Philip For reference ( this is how I value my stocks),

Dowdupont( Dow chemical merged with Dupont chemicals) is the biggest petrochemical company usa. Is market cap is 123 billion USD(500 bil rm), has revenue of 86 billion usd a year, and net profit of 4 billion USD a year. Profit margin 4.47%.

BASF is the world's second biggest petrochemical company germany. It is valued at
61 billion euros, it does 73 billion euros in revenue, with 7 billion net profit, margin at 9.43%.

Shin-etsu chemical Japan is valued at 4 trillion yen. It does 13 billion yen in revenue per year, net income of 2 billion yen, and is the most efficient at 18% profit margin.

These are all companies that have hit terminal growth and are now growing only with the population increase, with no big growth triggers in place.

PCHEM I believe is in growth stage even right now, with a huge new profit of 25% consistently for more than 5 years, no debt, efficient growth.

Pangerang is a very good start. I look forward to 5-10 years from now.

Imagine if they took on more debt, and expanded more aggressively. If they took market share by reducing their profit margin I believe they can take a huge piece of the international market in the future.
17/02/2019 09:40
(S = Qr) Philip This year we are expecting 4.7 billion in earnings versus 4.1 billion in earnings last year.

With pangerang online, isononanol plant online and better turnaround utilization the next few years ( plant utilization is already at 93% which is better than world standard of 85%), I believe in 2-4 years time pchem can hit 5-6 billion in earnings. 2.5 - 3 billion of which will be given out as dividends, meaning

If you buy now at 8.5, you will look forward to (possibility but with high probability), dividend of 35-38 cents, more than current 29 cents.
This will be around 4.5% dividend yield when pangerang comes online, not to mention capital gains.

Meaning in 10 years you would have earned 45% if your outlay costs in dividends alone ( if all goes well, as usual).

But I believe in petronas chemicals. It has the resources, management ability and high net profit to continuously grow here in Asia, India and Africa market, which will be the biggest population growth in the future compared to USA and Europe.

I look forward to the day petchem becomes a 80 billion USD (from 18) international company doing revenue of 10 billion (from 4.5) USD revenue a year and 2 billion(from 1) USD in earnings.

Impossible or probable? No one knows. I'm along for the ride, and will be monitoring the quarterly reports consistently.

Notice how I don't care what the share price is in the short term?
17/02/2019 09:56
dragonslayer Aiyo...gaduh lagi...why always the same group of ppl like to gaduh one...what you all want to prove...lol ..who can be the StockGod kah...aiyoyo...mau invest..invest lah...why must write blog...I cant figure out any reason...other than to promote own stock...lol...aiyoyo...kikiki
17/02/2019 10:07
qqq3 Philips can talk about good quality companies Top Glove, QL, Hartalega, Yinson, PChem because he is not in a hurry to perform. He is talking about investments and investing. In investments and investing, u must give enough time before u can judge....

kc.....but u need students, u need believers, people who will pay you. Therefore, u cannot have patience. U cannot do investing.....and that is the trouble with sifu mentality. Sifu mentality needs instant gratifications.
17/02/2019 10:19
qqq3 dragonslayer > Feb 17, 2019 10:07 AM | Report Abuse

Aiyo...gaduh lagi
===========

I am a history buff. I like history.....and in the history of man, where got no gadoh one?
17/02/2019 10:21
qqq3 Posted by (S = Qr) Philip > Feb 17, 2019 09:20 AM | Report Abuse

PCHEM has almost zero deb
============

no debt but got PIC.....How they get some thing for nothing? Rapids/PIC US$ 39 billion project......JV between Petronas, Aramco, PChem......who pays what who gets what?

Can get some thing for nothing?
17/02/2019 10:28
(S = Qr) Philip When you have 2 billion retained earnings every year, you can do many things, and when you have 6 billion in cash, many deals can be made. You need to be aware petchem not doing entire PIC( it's integrated, see) meaning they are only doing the petrochemical processing plants. And that is also a JV job with aramco to share the costs.

If not profitable you think aramco want to share costs?
17/02/2019 11:09
qqq3 (S = Qr) Philip > Feb 17, 2019 11:09 AM | Report Abuse

When you have 2 billion retained earnings every year, you can do many things, and when you have 6 billion in cash, many deals can be made. You need to be aware petchem not doing entire PIC( it's integrated, see) meaning they are only doing the petrochemical processing plants. And that is also a JV job with aramco to share the costs.
========

so how much as P Chem invested in PIC in total?
17/02/2019 11:13
(S = Qr) Philip I leave that to investors like sslee to find out.
17/02/2019 11:39
(S = Qr) Philip Hi dragonslayer,

I am a retiring member of the Rotary club in Sabah. I believe in giving back to society, and most of all I believe if more retail investors are educated properly on the concept of investing versus gambling they will have a better future in Malaysia. I hope for that fact because the more educated retail investors we have, the better our local bursa stock market. And the better run our bursa, the more good companies will list here instead of elsewhere, and the more dividends and profits will be returned to our malaysians so we can spend on our childrens future.

I share my knowledge because I am retiring soon (next few years actually) and I hope retirees will not be fooled into losing their shirts in blind investments (like sslee and his xinguan, KYY in his JAKS, and all those investors in Renong and SUMATEC) but have a clearer perspective on what the stock market really is:

AN OPPORTUNITY FOR SHAREHOLDERS TO JOIN IN THE PROFITS AND GROWTH OF A GOOD COMPANY, FOR THE GOOD OF THE PUBLIC.

I look to the earnings of a company to benefit me long term, not to the share price swings, which I cannot predict and benefit from.

This investment has worked for me. And my goal is to leave my writings for posterity, so that future young investors can learn from my mistakes and not repeat them. (halim bin saad is still evil.)

>>>>>>>
Aiyo...gaduh lagi...why always the same group of ppl like to gaduh one...what you all want to prove...lol ..who can be the StockGod kah...aiyoyo...mau invest..invest lah...why must write blog...I cant figure out any reason...other than to promote own stock...lol...aiyoyo...kikiki
17/02/2019 12:20
Apabagus another wannabe educator,just because he has one stock that performed.....maybe we can call this one a "one stock educator"
17/02/2019 12:57
Apabagus writing long and winding articles does not automatically make you good,in i3...the best investor forum in malaysia...we need sustained performance over multilpe stocks over years...yes it is multiple stocks....Not one single stock.
17/02/2019 13:00
Apabagus if you are too free approching retirement,go do gardening ...plants do not hit back.
17/02/2019 13:01
Apabagus if you wanna save malaysia against gambling,start a petition against genting,if you happened to be successful,you may be regarded as a saviour in malaysian history....hahaha kong kam.
17/02/2019 13:05
Alex™ Then bursa need to shutdown also?
17/02/2019 13:09
Apabagus if petition against genting is too mammoth a task,try write to bursa to tell them delist all the useless pennies,n diu the ceo of bursa for allowing rubbish to remain listed to bring retailers to holland.
17/02/2019 13:09
Apabagus yes,someone maybe trying to make bolehland a nirvana,hope you are already an angel

Alex™ > Feb 17, 2019 01:09 PM | Report Abuse

Then bursa need to shutdown also?
17/02/2019 13:11
Apabagus anyway,me am wasting time here,this type do not last long here in i3....now you see then now you don't
17/02/2019 13:13
(S = Qr) Philip Which single stock? QL since 2009? Topglove since 2010? Public bank since 2012? YINSON since 2013?

Why would I buy multiple many stocks, buy 50 counters with 5% net worth?

I practise concentrated investing. I have a few good ideas, and put big sum of money in them.

They work. I share. You may use them if you like. You don't have to comment.

I have no qualms with gambling in genting, I do it once in a while. It's no issue to me.

I have a problem when people gamble, but call it investment.
17/02/2019 13:15
(S = Qr) Philip You should read more apabagus, it might do your investing some good.

https://klse.i3investor.com/blogs/phillipinvesting/188844.jsp

I have been in the stock market since late 80s'. So I think I know what I'm talking about.
17/02/2019 13:17
Apabagus so you have 4 stocks in 10 yrs.....n yinson is good?
come on,be more humble when you write n ppl will accept you more easily.
i have seen many whales before n you are not even close to them.
and dun flaunt your millions,i dunno others...buy kyy is sure laughing.
17/02/2019 13:32

  63 people like this.
 
stockraider U really stupid loh...just bcos u put big amount on a stock...u r going to outperform meh ??

Very stupid analogy loh...!!

If like that Tabung haji, EPF and PNB put billion billion every yr why they no outperform leh ??

OutPerformance depends on your stock selection mah....ur pechem is a fair selection not a superb buy....it is likely cannot even beat my sapnrg with huge margin of safety loh....!!

Posted by (S = Qr) Philip > Feb 16, 2019 11:04 AM | Report Abuse

Really boloh, I give up. The amount of money you invest is the amount you will lose if your investment is wrong. Which business has the higher risk of disappearing in the long term?

A company that each quarter can buy 2 insas? With high, consistent profits that you can see 5-10 years from now?

Or a company so ridden with debt, it can't even bid for projects anymore and has to keep selling assets to pay creditors ( sapura)

Or a company with fake assets out east that no one can verify it see, and accountants who don't care about their reputation just sign off? (Sumatec)

Or a company that buys questionable investments in a fintech that no one has ever heard of or generate any income, and a company that buys a biotech company that you don't even know what it does and how much money it can make. That is insas.

Do you even care what insas is doing with your retained earnings?

Good luck. I find the fact that you can make money from stock market long term to be amazing.
16/02/2019 11:11
Tongkarat Mambang pusing tak habis habis berpusing pusing...
16/02/2019 11:12
kentwoon baru mula pusing berpusing.bila mahu habis pusing berpusing.
16/02/2019 11:16
Tongkarat Ya ya ya....tauge tj is a very well known and well respected person....
16/02/2019 11:29
Kedahan tjhldg from Penang? His last posts in Uem S and property counters where got in Sap hehe. He got use other ids boh?
https://klse.i3investor.com/servlets/cube/post/tjhldg.jsp
16/02/2019 11:51
Kedahan Market not good talk a lot also no points. Govn already changed next is change PM?
16/02/2019 12:09
stockraider It is very difficult for raider to relate to 1 track mind people like philip and 3iii, bcos raider is a flexible person and with multi investment dimension approach, using margin of safety loh...!!

A simple play play like spnrg....could mean 30% to 100% pa return over 1 yr bcos of huge margin of safety when raider buy mah...!!
16/02/2019 12:21
DonaldTrumpMalaysia BIY SUMATEC LIMIT UP 100%
16/02/2019 13:05
stockraider BULLS EYE

Posted by LA777 > Feb 16, 2019 01:06 PM | Report Abuse

We should focus more on sapnrg now compare to hibiscus. Why? Hibiscus is a good buy when it was 20sen like I bought 2 years ago, and sold all at the range of 90 sen, now it is rm1.07, but sapnrg is only 30.5 sen, just buy and keep in the safe box to let it rise high like hibiscus, this is the strategy to play mah.
16/02/2019 13:14
Alfonso Dragon Oil + Dragon meat 1 kilo RM2B, mai mai tak beli pun tengok tengok~ wakaka kikikukulala
16/02/2019 13:15
pang72 LA...good one..
Need to learn from your patient.
16/02/2019 13:17
LA777 Pang bro, you are excellent player too.
16/02/2019 13:24
Alfonso Sapura no energy will never ever earn my 1 cent neither me will gain from them.
Guys please do not be so naive on this shitty counter is too much sneaky, for those investing 10 to 50k is still acceptable for losing. But for those more than 100k, u better watch out.
Please do not believe me, go find out yourself and work inside management level to see how this sapura no energy twisting everyone involved.
Too much farking nauseating!!! u guys pls wake up please and please!!
16/02/2019 13:26
Crasd123 Sap must sold at 0.80
16/02/2019 13:26
ramada Total shares of Hibiscus 1.6 billion compared to 16 billion of Sapura. No Kencana, Sapura just like eagle without wings, can't do anything well.
16/02/2019 13:29
LA777 That's why I say timing is very important tool.
16/02/2019 13:30
stockraider U make big monies....u need to dream big & have big desire to succeed mah.....!!

Do not make 1 or 2 sen lari kuat kuat macam tak ala bola loh...!!

Sapnrg is the great opportunity of a decade...a god given gold mine mah...!!

Don miss mah....!!
16/02/2019 13:48
stockraider How can General Raider no power ??

Choysun yeh is General Raider best friend, sure ala magical super power mah.....!!

Posted by dragonslayer > Feb 16, 2019 01:55 PM | Report Abuse

Aiyo penkianat...remember you cakap apa about tibet monk...the deputy leader...you said he no power kah.....said I con you by bring tibet monk to cheat kah...lol...later you see the dream team power...you will eat back your word lah .you keep quiet lah...the dream team started working with more members kambing...you just keep your mouth shut.....lol...wakakaka..kikiki
16/02/2019 13:58
kentwoon Wow dragonfruit very hot and busy reply. Today weekend, take a rest lah, no overtime ma. Monday continues.
16/02/2019 14:16
ronald118 saudi postpone to Malaysia....
16/02/2019 14:26
icecool monday how choose wife or miss sapura ?
16/02/2019 15:17
stockraider Don listen to this pondan talk loh...!!
It is better for your investment health mah....!!

Why leh ??
When Dow down alot, u panic like the end of the world coming mah...u run everywhere to hide...but u cannot escape mah....!!
After a long suffering of down....now the mkt consolidated and now up and Dow up alot....again u panic...with another pondan talk loh..!!

Yes it is not wrong to be a pondan...but pls put your monies into fixed deposits like most pondan did and avoid the pain of stock market fluctuating completely loh...!!

If u want to be a successful investor u need to be brave & smart and not be affected by pondan talk & action loh...!!

U r right bcos u select the right stock with big margin of safety mah..!
U profit bcos u have conviction & hold to ur belief mah...!!

Posted by rr88 > Feb 16, 2019 03:32 PM | Report Abuse

Dow up big time overnight but bursa up monday wont last than a fck. Simply bcause all market performers already started their uturn. Only a few expert eyes could see this. So either you make or lose, take advantage of this dow good close to unload. Bcause the King of the Jungle will definitely unload their remaining position. They will whack up at opening bell and spend the rest of the day unloading.

Dragon, Pang. Sounds too complicated for you? Could be bcause of yr undersized brain.
16/02/2019 16:15
pang72 rr88 Dow up big time overnight but bursa up monday wont last than a fck. Simply bcause all market performers already started their uturn. Only a few expert eyes could see this. So either you make or lose, take advantage of this dow good close to unload. Bcause the King of the Jungle will definitely unload their remaining position. They will whack up at opening bell and spend the rest of the day unloading.

Dragon, Pang. Sounds too complicated for you? Could be bcause of yr undersized brain.
16/02/2019 15:32

VERY COMPLICATED. KEEP FOR REVIEW THE ANSWER.
16/02/2019 16:42
tkl88 Monday onwards bull market to push above RM1.00
Don't missed this golden opportunity to become a wealthy people!
Any price below RM0.80 is a good buy!
Huat ah! Heng ah! Ong ah!
16/02/2019 17:52
kentwoon If you not interested oil &gas , you can go another forum like hot property narwana, no argue here better! Wa ka ki ki
16/02/2019 18:30
risktransformer Hahaha!! These people r interested in O&G but they r interested in the price going down to 20+ sen so that they can buy back what they have sold off earlier.
16/02/2019 21:49
SapNrg Who are those who want Sap down to 20+ sen? They no share in other counters? I also want their counters down so that I can buy cheap.

risktransformer Hahaha!! These people r interested in O&G but they r interested in the price going down to 20+ sen so that they can buy back what they have sold off earlier.
16/02/2019 21:49
16/02/2019 22:06
rr88 Btw wont last than a fck is nothing dirty or pornographic. It's a clean measure of time. If your average fck is 30 mins, then the early market euphoria will fizzle out in less than 30 mins on monday. Got it?
16/02/2019 22:12
dragonslayer Aiyo lawyer...why so unprofessional...sudah jual 2sen profit...must be contented mah..at least you ada cutwin lah....lol....let others earn more lah...why ngeh ngeh want to make the price drop...lol...wakakaka...kikiki
16/02/2019 22:45
newbie5354_ Why RI subscribers(PNB, Shahril) not selling? Not they already profit?
16/02/2019 22:52
1oranje Us chase when price at 60 sen, hahaha
16/02/2019 23:43
SDR245 0.295 - 33 next week.
16/02/2019 23:47
newbie911 Why son look like no power?
17/02/2019 00:21
Tongkarat Get all the supplies ready.... peluru ready....bom ready....
17/02/2019 08:18
Ir Fan Ting Son they get it for free
17/02/2019 08:28
Ir Fan Ting So they can just dump anyhow.
17/02/2019 08:28
Ir Fan Ting Wait for retailer to hamtam kaw kaw
17/02/2019 08:29
spinninglotus Tongkarat Ting Ting Tong Tong Banyak bising dan busuk
Ting Ting Tong Tong
Pusing Pusing Tongkarat Ting Tong Ting Tong
17/02/2019 08:51
seanteoh https://klse.i3investor.com/blogs/magnetking/193470.jsp
17/02/2019 09:45
Tongkarat Aiyoooo ah gon... mambang pusing only know how to berpusing pusing only....how to promote leh.... pusing berpusing pusing...
17/02/2019 09:49
spinninglotus Those two working for sharks:
After sharks sold 0.305,0.31,0.315
These sharks kaki
Pondan Pusing Psycho "Stupid Mathemathics" Pengkhianat Judi Dragonshit Kok
Keep asking Ikan bilis to buy
Ask Ikan bilis to buy after their bosses sold off contra gains
Tongkarat
Pondan Pusing Psycho "Stupid Mathemathics" Pengkhianat Judi Dragonshit Kok
You Ikan bilis see these two people carefully
You want to follow sharks or follow sharks hired people to ask to buy?
Aren't they the pengkhianat and pakar Pusing?
17/02/2019 10:52
spinninglotus Pondan Pusing Psycho "Stupid Mathemathics" Pengkhianat Judi Dragonshit Kok
Tongkarat Pusing Ting Ting Tong Tong Bau Busuk
You guys be careful of these two

What I want to say is, whether you buy 26,27,28,29,30,31,32,33,34
It is alright to buy at those prices
But must keep long term
No need PsychoJudi
No need Ting Ting Tong Tong
Just buy and keep long term
17/02/2019 10:54
dragonslayer Aiyo penkianat...what lah...still want to prove you are the best promoter in I3 kah...lol....you still long term shareholder kah...what is the point you promote...want it up mah...now here have dream team can do the job...why you still come out kacau kacau...lol....still label referee as shark macai kah...I denied so many time oredy leh...really ada eyes not tarzan lah...lol..go back into your cave...leave it to the dream team to do the promoting job lah...you keep pusing pusing...how can you be a professional promoter...you have zero record leh...promote from high till low...ini call professional promoter kah...dream team lah..they have the professional skill with proven record lah...you dun come out lah...go back to your cave lah...you only make the thing wort...not helping at all.....lol...wakakaka...kikiki
17/02/2019 11:05
seposer news
17/02/2019 11:42
spinninglotus Sharks are the one manipulating share price, not how you or me or your promoters able to do anything about it
17/02/2019 12:20
dragonslayer Aiyo penkianat....can lah...with dream team proven record...sure can lah...you keep quiet...bcos...you are layman promoter.....you really no experience lah...act like one only....learn from the dream team ...you dunno how to promote...you keep quiet and learn lah..you katak bawah tempurong...know how to promote meh...dream team are the professional promoters lah....lol...wakakaka...kikiki
17/02/2019 12:26
Investor 999 趕快买进sapnrg-wa , 根據多个消息来源,有多个炒股集團要炒她了。
17/02/2019 12:27
MM78 Risktransformer, you are right that some people continue to talk negatively about SAPNRG shares here repeatitively like a broken record keep spinning same old songs. I often wonder why are they still sicking around at this forum as they are alraedy decided SAPNRG shares are so bad, they could have spent their time at other share counter forum. Let us ignore these people but dicsuss more objectively .

Risktransformer wrote "Hahaha!! These people r interested in O&G but they r interested in the price going down to 20+ sen so that they can buy back what they have sold off earlier."
16/02/2019 21:49
17/02/2019 12:57
spinninglotus Extreme bullishness can lead to drop
So it is better to go up slow slow like that
No need extreme promotion
Buy and keep long term
This is the strategy
17/02/2019 13:27
dragonslayer Aiyo...you see lah..no experience promoter..pakai cakap only...mulut mau cakap only...pls lah...keep your mouth shut lah...you dunno how to promote...lagi cakap so much...lol...you more like a spoiler lah.. never learn team work b4 kah.....how to promote...dream team promoting up..you spoiler promoting down kah...lol.....wakakaka...kikiki
17/02/2019 13:32

  2 people like this.
 
okdoke any opinion on e-wallet etc which will eliminate the need of ATM/CDM? thanks
17/02/2019 07:54
ChongHH Is there a possibility the market is valuing OpenSys at 9.7x PE because the market saw a growth rate stop 5 - 10 years later? What happens after all ATM & CDM machines are replaced with CRM? Will the services revenue be large enough with greater profitability to prevent the levelling off of earnings by then? Moreover, the threat of e-wallet by then would also be more significant that cash machine growth may decline? Does OpenSys have a plan to penetrate other South East Asian market?
17/02/2019 11:29
Amazinggrowth Posted by okdoke > Feb 17, 2019 07:54 AM | Report Abuse

any opinion on e-wallet etc which will eliminate the need of ATM/CDM? thanks

okdoke,
E-wallet is still in trial period. imho, it will take at least another 20 years for e-wallet to reach the tipping point because majority of us prefer to use cash. I believe CDM/ATM will coexist with mobile payments in the future.

E-commerce is a good benchmark. The industry started in 1998 in Malaysia. After 20 years, the e-commerce penetration rate in Malaysia is still less than 6% of the total retail market.

https://e27.co/key-challenges-opportunities-malaysias-e-commerce-scene-20181022/
17/02/2019 12:14
Amazinggrowth Posted by ChongHH > Feb 17, 2019 11:29 AM | Report Abuse

Is there a possibility the market is valuing OpenSys at 9.7x PE because the market saw a growth rate stop 5 - 10 years later? What happens after all ATM & CDM machines are replaced with CRM? Will the services revenue be large enough with greater profitability to prevent the levelling off of earnings by then? Moreover, the threat of e-wallet by then would also be more significant that cash machine growth may decline? Does OpenSys have a plan to penetrate other South East Asian market?

ChongHH,
I think the market is too negative on the threat of cashless payments that will reduce the need for cash in the future. Like I mentioned above, it will take at least another 20 years for e-wallet to reach the tipping point. The ecosystem for cashless society is still in infancy stage.

Opensys 2017 annual report, “In maintenance services, the banks pay us an annual maintenance fee of 10-12 percent based on the selling price of the machines that we sold to them. The gross margin for maintenance services is 45-50 percent.“

1 CRM costs roughly RM70,000. Maintenance fee is recurring annually after 2-3 years free warranty period. Total profit for 2600 CRMs? The market is big enough to multiply profits several times.


CRM cost
http://www.theedgemarkets.com/article/opensys-roll-out-rm36m-worth-oki-cash-recycling-atms-3q
17/02/2019 13:12
Amazinggrowth Opensys 2017 annual report:

The march towards a cashless society, it seems, is unstoppable.

But wait!

In other advanced economies, including Austria, Germany, Japan, Singapore and Switzerland, cash is still king and shows no sign of abdicating. Globally, 85 percent of all payments are still made in cash (1) “The cashless society, as appealing as it may sound, is probably just as elusive as the much vaunted paperless office”, according to Yves Mersch, a member of the European Central Bank’s executive board.

In tech-savvy Singapore, where almost everyone has a mobile phone, nine out of 10 people, still prefer to pay for everyday transactions the old-fashioned way – with cash. According to interviews conducted by Bloomberg in September 2017, some of the reasons why Singaporeans prefer cash are because it is more convenient than swiping a bank card or in case when they can use digital devices, machines sometimes break down and cannot process a payment.

In Japan, cash in circulation as a percentage of GDP increased to 20 percent in 2017 from 13.5 percent in 2000 and in the United States, it gained to 8.1 percent from 6.0 percent. In the Eurozone, it rose to 10.7 percent from 5.1 percent in 2002.

Similarly in Malaysia, most people have a relatively high dependence on cash for payment transactions. Last year, cash in circulation (CIC) grew 11.5 percent year on year to RM85.46 billion. Meanwhile, CIC per GDP, a measure of a country’s reliance on cash for transactions, expanded from 6.62 percent to 6.95 percent. (2)

One of main reasons why cash remains hugely popular is because cash is the only legal tender in every country in the world, with the exception of Sweden. Cash is accepted practicably by all traders, whereas there is no obligation to accept electronic payments. As interest rates fall – and even go negative in some places – cash is increasingly used as a store of value. Cash is the only payment instrument that guarantees the user’s privacy and anonymity, while all electronic transactions are traceable.
17/02/2019 13:23

  16 people like this.
 
setia2u Aiyo, why cares so much about resistance? Once resistance broken, then those Technical Analysts will say that resistance level is the support level, knowing them!!! Haha.... Guys, this stock is damn cheap fundamentally, just buy and keep, definitely the return will be very very good in near future. Cheers.
10/02/2019 17:07
warchest Sos Finance talks with sense. Keep it up
10/02/2019 17:37
qps9999 ha ha ...Friday book my profit at 0.535..as Money Life Research suggest me the tgt and HIT IT..good one, for me..
10/02/2019 18:06
katsul51 I am positive that ekovest can make at least RM 40 mil profit this quarter. Anything more would give a great push for this counter. QR result in less than 18 days.
10/02/2019 19:34
BuahCiku Aiyo...someone sold at 53.5...using Money LIfe Research....amdui liao lah....today 55.5 can get leh...sure regretted lah…see 58.5 can pecah or not...siapa play warrant again...6sen can get 9sen...50% return...in few days only...ding dong also can earn a lot leh....lol...aiyoyo..kikiki
11/02/2019 15:11
warchest what's the money life research. Here not the channel to trap people with those con investment group.
11/02/2019 16:11
warchest pls be ethical
11/02/2019 16:11
Shinnzaii Referee also sini kah?last Friday got collect or not?hehe
11/02/2019 16:14
LA777 Let's move up to 60 sen.
11/02/2019 16:15
goodiewilly botak runs well now..his counters
11/02/2019 16:16
lcon8888 Run before Botak Lim eat you.
11/02/2019 16:32
Shinnzaii you can call your assistant to buy on behalf mah...hehe
11/02/2019 17:01
Witty I smell someone got burned. Need burn heal!!
11/02/2019 17:11
Cityman Ekovest going to fly.
11/02/2019 18:54
oregami 遲来的春天
11/02/2019 20:18
beige94 why going to fly? what catalyst?
11/02/2019 20:28
sosfinance FOMO?
11/02/2019 22:03
Ron90 fly la coz WB goint to expired few months ahead, ex-price 48 cents..thats why should have bought it in full anything below 8 cets..huhu
This is company warrant, not IB loust warrat..:-p
12/02/2019 09:36
Te_Te Broom....Broom....
12/02/2019 09:40
bjgdila123 Bossku suruh SAPU
12/02/2019 09:49
stanleysew Will it Break 0.6 today ?
12/02/2019 09:56
Witty Slow and steady.
12/02/2019 10:04
oregami wb not moving. not convincing yet.
12/02/2019 10:36
RainT Will stuck in the range
12/02/2019 10:36
VenFx Lai for seriously ?
Hihi !
12/02/2019 10:49
oregami big volume at 59c. the operator want to shake off weak holders at previous resistance?
12/02/2019 10:54
77huat77 Shark Lai Liao sell sell sell
12/02/2019 11:04
moneylailai sell or hold and wait for this to over?
12/02/2019 11:07
oregami may b EPF selling. new govt doesn't want ekovest share. haha..
12/02/2019 11:30
tksw wait ppl cut loss
12/02/2019 16:00
77huat77 g g
12/02/2019 16:03
Richard Lee lcon8888 is fake icon. This just a tin kosong guy. Blow kosong
12/02/2019 17:11
Fabien Extraordinaire yep, this is FAKE icon. Only 35 posts.
12/02/2019 17:14
oregami still alive?
12/02/2019 18:37
Sebastian Sted Power THE REAL ICON is here

https://klse.i3investor.com/servlets/cube/blog/icon8888.jsp
12/02/2019 21:45
Cityman one day ekovest share price will be litrak today.
12/02/2019 21:57
oregami hire another operator. this one useless.
13/02/2019 08:51
tksw Down Jone raise 300+ point oso this one drop.... die liao la like that
13/02/2019 15:08
setia2u Everyday up meh... take a break first before moving higher & higher....Cheers
13/02/2019 22:03
bjgdila123 0.55 saPU
14/02/2019 10:16
pangolin 55c masuk ..... i bet botak boss can giv a good show ..
14/02/2019 23:26
oregami wtf. zero volume? everyone go play o
15/02/2019 09:11
oregami *o
15/02/2019 09:12
bjgdila123 0.60 tp tdy Botak will push,,,,,
15/02/2019 09:39
Kingston1 Buy gold now. Gold is going up soon
15/02/2019 10:42
tksw shooting star follow by 3 red candles, die kiaw kiaw liao la...
15/02/2019 15:04
Cityman a bit disappointed. but ekovest can keep as government give free money to ekovest. people pay toll and epf also owes 40% its subsidiary. this counter will rebound.
15/02/2019 16:56
setia2u Haha ... time for me to collect more.
15/02/2019 22:05
Cityman will try to double my investment if it goes down more. opportunity.
17/02/2019 09:41
Eagle90 This wek will start rebound as market sentiment had turn positive after US & china trade deal hope
17/02/2019 13:23

  2 people like this.
 
Mr.J You’re absolutely right Edward Simpson!
22/11/2018 08:46
Growth run lo
22/11/2018 09:05
Jimmy Song Yes the Group won RM31m in the law suit but with RM25m recognized previously, so this Q is to gain RM6m. But the counter claim won RM30m. So its a net loss of RM24m in this court case. With the land gain sale of RM25m, difference is RM1m of non core earnings.
22/11/2018 09:17
22/11/2018 09:20
Long George Net impact: Sales from land disposal of RM25 mil - Arbitration loss case of RM24 mil = RM1 mil, still a positive gain.
22/11/2018 09:26
ShadowSlaYer Sue here sue there...ended up with everything netted off. Waste time nia, but good thing no impact to earnings. You see as drop, I see time to reload.
22/11/2018 10:00
Yu_and_Mee run!!! see the previous trend? after two long bars spike, drop back!
22/11/2018 10:09
Long George Clarification of the land gain sale and the claims of arbitration case.

https://file.fm/f/e37vrnf5

https://file.fm/f/daeff5te
22/11/2018 14:13
Mr.J Thanks for the info longgeorge! Upward rally continues after lunch
22/11/2018 14:22
exhausted Why good result and yet downtrend?
22/11/2018 16:32
apolloang insider trading one.....before results out they bought already now they selling to the retailers
22/11/2018 16:35
-M2- i warned you all yesterday. If u know this company u will never buy his share. Some are still dreaming of limit up.
22/11/2018 16:38
godofgamble when others fear, i am greedy. i think can buy, this is undervalue.
23/11/2018 13:42
abang_misai You gong kia? When others are fearful, you must be more fearful. Wrong sector and you can be trapped here for many years.
24/11/2018 17:56
matthew tipu punya company
26/11/2018 17:39
LaoTzeAhSir I will file a report to bursa securities for serious price manipulation of the operators
28/11/2018 16:28
TheContrarian Managed to buy at 0.845 today.
29/11/2018 15:54
TheContrarian So quiet one here.
06/12/2018 09:33
Begineer I don't mind if it quietly go up
06/12/2018 10:39
LaoTzeAhSir buyback started
14/12/2018 19:02
bi0hazard Everyday buyback.. waiting for January surge????
26/12/2018 18:02
Begineer No surge yet ??
10/01/2019 11:07
LaoTzeAhSir run ad. a fishy stock that throw down every fooking time right after surge. a value trap.
10/01/2019 12:43
bi0hazard Will surge again
10/01/2019 13:35
SweetNovember pariah company without late Mr, Yong., his son only know ABC
10/01/2019 14:12
SweetNovember kiasu company...better go back chiina goreng abit drop back,
10/01/2019 14:13
LaoTzeAhSir con stock as being told. a value trap
10/01/2019 17:06
Begineer why keep buyback ?
17/01/2019 17:37
TheContrarian Bought back Cresbld at 0.87 yesterday.
25/01/2019 16:48
ivan9511 @ @ TheContrarian

Congratulations @ TheContrarian
Not like me trap at trop 5 years. Trop no matter good dividend good news evrday sbb or apa pun tak boleh nail
Cres at least last year and this year got break 1

Posted by ivan9511 > Jan 25, 2019 06:52 PM | Report Abuse

@ TheContrarian
Hi old friend by TheContrarian
Cres I also take profit about 20% only .
Now I planning to buy mlab.psitek and mui again
Mui last round profit about 35% then I scare mui drop back so I sold early a bit
As I predict mui after near 20sen now drop back
Mui up down up down up down up down so many times every year
Mui really easy to play
Abot 14sen to 20sen is 90% what mui will do.
Because as a small kaki like me first mui have many value asset inside so when drop to near 14sen everyone will start buying up after 20sen every one start worry and sold
Since last 5 years mui up down so frequently and until now still same pattern
25/01/2019 18:55
LaoTzeAhSir https://www.klsescreener.com/v2/news/view/486660 another 99m contract bagged
31/01/2019 18:04
mike16 Post removed. Why?
31/01/2019 19:21
LaoTzeAhSir mike16 dont talk cock at every counter sharing hoax and false infos. get a life you piece of trash shyt
31/01/2019 21:30
LaoTzeAhSir the link you shared above is dowupdate that is totally irrelevant. gtfo
31/01/2019 21:31
TheContrarian Go, go, go Cresbld.
04/02/2019 09:10
apolloang no go go go toyoink or trop already ar? hehe
04/02/2019 09:11
Begineer Ya , the most undervalued construction stock. Go go go !!
04/02/2019 09:51
bi0hazard heading 1.00
04/02/2019 12:13
LaoTzeAhSir add more.
04/02/2019 14:11
Begineer up down up down...
08/02/2019 09:28
TheContrarian Go, go, go Cresbld.
12/02/2019 11:29
bi0hazard Gogogo, rm1.00
12/02/2019 20:12
TheContrarian QR will be out this month. Higher dividend might also be announced since full year EPS is expected to be in excess of 30 sen.
12/02/2019 22:31
allan88 Wish to see higher div.
13/02/2019 18:42
TheContrarian Hopefully.
13/02/2019 20:20
markmark buy at 0.94 and 0.945
14/02/2019 11:57
TheContrarian When below 90 sen why you didn't buy?
14/02/2019 12:55
Begineer Keep moving up. Good!!
16/02/2019 10:56
TheContrarian EPS for full year should be in excess of 30 sen.
16/02/2019 11:12
crest123 Last 3 quarters EPS already 31.4 cents hence full year EPS should be ...
17/02/2019 13:19

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