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9,579 comment(s). Last comment by Nepo at Jan 20, 2020 7:27 PM
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Nepo
478 posts

Posted by Nepo > Jun 5, 2019 2:03 PM | Report Abuse

Agreed, borrow to own properties is a normal way to accumulate your wealth as real properties will appreciate in value, so Imago no only benefit from rental, but also appreciation. One year appreciate RM 40million is very good already. Assume cost of the building is RM 400 million, it appreciate by almost 10% pa.

As for borrowing to build Imago, may I know how many of you are using cash to buy your residential properties?


valour
117 posts

Posted by valour > Jun 5, 2019 2:17 PM | Report Abuse

Asiapac have a lot of properties in KL n PJ too not only Imago mall the crown jewel. Seri Gombak / Kepong / Damansara Damai . Kepong itself is worth a lot


Philip (Can I advise you?)
2263 posts

Posted by Philip (Can I advise you?) > Jun 5, 2019 2:27 PM | Report Abuse

Hi valor, asiapac fortuna centra is very nice place, have you considered buying the units they are selling?

They are selling their unit 1377sqft service apartment for 1 million. Yes it is worth a lot, do you think you will want to buy it? Is it a good deal?

Do you think the unit is worth 1 million in kepong? I'm interested to know how long before you think a 1377 sqft unit in the outskirts of kepong at 1m is considered cheap.

As for me, I bought my subang bungalow long time almost 15 years ago at 350k.

I haven't bought any apartments since.

1 million service apartment maximum rental yield there is 2000 per month if you are lucky. Not including maintenance and utilities.

Anyone who buys these apartments at these prices for investment insane.


Nepo
478 posts

Posted by Nepo > Jun 5, 2019 2:27 PM | Report Abuse

Every biz, every investment does carry risk. There is no guarantee profit. If u are afraid of losses, e.g. Imago depreciates in value or some reasons or others, then investment and biz are not your piece of cake. You are only suitable for nine-to-five job 朝九晚五的工作。U get it?


Philip (Can I advise you?)
2263 posts

Posted by Philip (Can I advise you?) > Jun 5, 2019 2:35 PM | Report Abuse

Being afraid of losses and being smart with your investment in 2 very different things.

Without regards to being investor in asianpac I give you some example:

In 2015 calvintaneng put 100,000.00 into asiapac. How much money does Calvin have today?

In 2015 old uncle put 100,000.00 into epf. How much money does old uncle have today?

You are very smart nepo, there is no guaranteed profit. But there is such thing as guaranteed risk.

If you put your head into lion mouth you may not die, but if you jump into quicksand chances pretty high you will die.

In essence, why take high risk for low reward? Asiapac has been selling since 1913, and on Bursa main board for very long time. If it hasn't performed for a long time, what makes you think they will perform now when debts are high?



>>>>>>>>

Posted by Nepo > Jun 5, 2019 2:27 PM | Report Abuse

Every biz, every investment does carry risk. There is no guarantee profit. If u are afraid of losses, e.g. Imago depreciates in value or some reasons or others, then investment and biz are not your piece of cake. You are only suitable for nine-to-five job 朝九晚五的工作。U get it?


valour
117 posts

Posted by valour > Jun 5, 2019 2:40 PM | Report Abuse

Some ppl just think local ...spread ur mind further 1M above foreigners can allow to buy . Honestly I wouldn't buy I m more to PJ side like SS2 / Kota Damansara more to 1 Utama . More to selling now... die cannot bring real estate along n I have no kids


Philip (Can I advise you?)
2263 posts

Posted by Philip (Can I advise you?) > Jun 5, 2019 2:47 PM | Report Abuse

I think if foreigners like Calvin also will not buy 1m properties in kepong.

But I agree, no one willing to pay 1m now for properties in these areas, only in PJ and KL areas I will even consider.

This is called real intrinsic value. Calvin value for 400 acre in labu he can put whatever price he want. But if no one willing to pay up for the land the real value is last transaction and price willing to be paid by a developer with money to develop.

Hard to find those nowadays.


calvintaneng
32452 posts

Posted by calvintaneng > Jun 5, 2019 2:48 PM | Report Abuse

Big problem with Philip is this.

He thinks Calvin bought 100,000 shares of asiapac long ago.

Only Calvin knows. Philip is presumptions and libelous

Now Calvin actually own All Asiapac shares


Nepo
478 posts

Posted by Nepo > Jun 5, 2019 2:51 PM | Report Abuse

Hi Philip, Asiapac share price was not performing in the past is not equal to Asiapac will not perform in future. Future is sth that one cannot predict or assume by normal persons. Who know one day it might shooting up 100% or 200%?

Asiapac previously is undertaking insurance biz, It only engage in properties in Year 200x if I'm not mistaken.


calvintaneng
32452 posts

Posted by calvintaneng > Jun 5, 2019 2:51 PM | Report Abuse

Calvin's Asiapac shares now all free

Of course not knowing the real situation Philip will continue to scratch his head and wonder how and why?

Of course only Calvin and his remisier knows the truth.


calvintaneng
32452 posts

Posted by calvintaneng > Jun 5, 2019 2:56 PM | Report Abuse

Philip only got cow brain and think like a cow.

As human we must think out of the box

See if cannot sell condo at Rm1 millions so what?

Sell it at 50% discount at Rm500k also very ok mah

See Asiapac Nta is Rm1.00

Even you sell assets at 50% discount and convert all assets to cash at half price then Rm1. 00 assets turn into 50 sen net cash still very good

AT 13.5 sen with still gain 200% instantly

So must think out of the box

A human has that ability but not a cow


Nepo
478 posts

Posted by Nepo > Jun 5, 2019 2:59 PM | Report Abuse

A lot of China giant companies were ignored by the local Chinese in the past when they asked for funding as they are making losses at first. No Chinaman want to lend out money to these companies. So these CHina companies no choice, they ask for foreign funds. And these foreign funds willing to lend their money to these China co. Now these China companies become giant co and local Chinese regret .

What I want to emphasize is that failure in the past is not equal to failure in future.


Philip (Can I advise you?)
2263 posts

Posted by Philip (Can I advise you?) > Jun 5, 2019 3:01 PM | Report Abuse

Sure Calvin, whatever you say.

But in a way I believe you Calvin. Same like asiapac directors who bought at 30 cents they have been waiting for investors to push the price up so they can sell it off.

I'm sure the asiapac directors also got their shares at low low price so they can afford to wait 5 years or more for price to go up so they can dump.

Calvin also waiting for asiapac share price to go up since 2015 so he can dump more of his shares on unsuspecting investors.

But sadly while waiting for price to go up Calvin unable to enjoy good dividends while losing many nights sleep because asiapac share price has dropped tremendously since he first hold on 2015 onwards...

So we see Calvin strategy. He wants to pump and dump you and get rid of his "free" shares that he is stuck in.


valour
117 posts

Posted by valour > Jun 5, 2019 3:01 PM | Report Abuse

calvintaneng
Son of a gun ....U caught me off guard with this statement . Good one bro


Philip (Can I advise you?)
2263 posts

Posted by Philip (Can I advise you?) > Jun 5, 2019 3:08 PM | Report Abuse

This is a very silly statement. Do you really not know how city council procedures work? Or bridging loan for banks and developer regulations?

This is very not OK.

The moment they do this, the entire property portfolio will have to revalue. You will have non-cash fair value reset, meaning GDP of 500 million project will be revalued in it's entirety by 50%.

The true value of the project will be disastrous. Not to mention those who bought the project before at 1 million will immediately riot.

Some very simple minded investors out here. Calvin I'm losing more and more respect for your analytical skills. You were annoying before, now is just plain 3 stooges. Please delete your WhatsApp group for stock picking. It's like Kong hee asking church goers to donate money to the check for him to buy a private jet so he can fly everywhere to preach.

>>>>>>>>>

Sell it at 50% discount at Rm500k also very ok mah


calvintaneng
32452 posts

Posted by calvintaneng > Jun 5, 2019 3:16 PM | Report Abuse

Valour

THE truth is this

Calvin bought a little asiapac in I think 2015 and cut loss then. Never bother with it till this year when they announce the Ecrl passing through negeri Sembilan

So Calvin bought at 14.5 sen

AND when asiapac sure up Calvin sold into strength and took back capital. Then prices retraced now so profit might be little but still a profit

If not for you I would not have disclosed

My 2 sell calls to take profit was given to all

This is the truth


calvintaneng
32452 posts

Posted by calvintaneng > Jun 5, 2019 3:18 PM | Report Abuse

Philip having cow brain cannot think out of the box

Many also thought Calvin made loss in TalamT and got stuck there

Truth is all Calvin's TalamT shares are free.


valour
117 posts

Posted by valour > Jun 5, 2019 3:23 PM | Report Abuse

Calvintaneng
Good for u . But clearly the value is there . I believe if revalue all assets it might be higher than NTA now


Philip (Can I advise you?)
2263 posts

Posted by Philip (Can I advise you?) > Jun 5, 2019 3:27 PM | Report Abuse

Herein lies the simple statement of simple minded investors.

Debt and borrowings and interest costs are fixed.

For developer companies assets for sale are a very tricky thing. The value of a condominium is based on the last done price average.

Imagine a condo with 100 units. If the property was sold at 500k a piece and the units some were done at 30% sales of 500k each, the NTA value of the building becomes 50 million. However if 70% of the condo is not sold, the value of the building still remains the same, even as the loans and borrowings continue on.

But if 70% of the building was not sold, this means the true value is definitely less than 500k, because if it was, 100% would have been sold.

Therefore, NTA for property companies cannot be considered the same as NTA for banks and plantations and mines and factories.

Those assets are income generating. For developer until sold it just be considered a liability or at most closely monitored at each position to understand the possibility of sale.

Don't be a Calvin with simple calculations and simple thought process.

Apply a deeper mental model, understand how a company makes money.

Accounting principles are getting much better, but it is still very difficult to lump every business under over financial accounting method.

If Calvin does not understand this fact, he will not understand why majority of developer companies in bursa all seem grossly undervalued, all have been low P/E ratios, but all seem to be living in the edge of a cliff.

Stay away from those in aggregate, unless you really know exactly what properties those companies are selling, there locations and how much they are really worth.

It better yet, just ask sincerestock since he lives in sabah.

How much is this project worth in kinarut.

http://asianpac.com.my/thezil/

http://www.newsabahtimes.com.my/nstweb/fullstory/9576

The zil scheduled for completion in 2019. It hasn't started yet.

Ask him if you are willing to pay 3.6 million for a shoplot in kinarut on the middle of nowhere.


calvintaneng
32452 posts

Posted by calvintaneng > Jun 5, 2019 3:30 PM | Report Abuse

Philip again insinuate about that fake Kong Hee

Becareful your daughter Don't go marry some black negro or rohingya as a retribution

As for selling Condo at Rm500 millions is an analogy of NTA in disposing assets at 50% discount also very ok

Nta of Asiapac Rm1.00

Even if assets all sold at half price still got 50 sen net net

AND share price being 13.5 sen still stand to gain 200%

This was how my chun chun calls done

1. Super Enterprize taken private
2. TheStore taken private for its assets though its business gruesome

Gruesome? A cow like 3iii will call assets investing gruesome. Just like 3iii Philip also call Asset play gruesome
Of course all cows will say we human gruesome enjoying beef steak

3. Kulim taken private even though last 2 final quarters reported losses

4. Lafarge also taken private but latest quarter gruesome

5. Weida, Daiman, Tmakmur, Selangor property all assets play

Asiapac also asset play and will be gruesome to cows


ivan9511
3735 posts

Posted by ivan9511 > Jun 5, 2019 3:34 PM | Report Abuse

Mr Calvin is a clever investor
Asiapac Talamt Calvin buy at lowest sell at highest so Mr Calvin
get free
Asiapac buy at 12sen then sell at 17sen so Mr Calvin use the Profit money so buy back Asiapac at 12.5sen recenlty so now all Mr Calvin share is free
Talam Mr calvin buy 2.5 sell at 5.5 then Mr Calvin use the Free profit buy back at 3.5sen so now get Talam also free

Mr Calvin for me the Level is same as Thecontr
they are very samrt investors
they very hard to lose money
Talam and Asiapac are very deep undervalued but price keep dropping
same as Famous VT counter bjland
very hard to play one , If not as smart as Mr Calvin I advise those traders skip Asiapc andTalam high risk cpunters


calvintaneng
32452 posts

Posted by calvintaneng > Jun 5, 2019 3:37 PM | Report Abuse

Thank you value

Longer term the value of asiapac will rise to its intrinsic value


valour
117 posts

Posted by valour > Jun 5, 2019 3:37 PM | Report Abuse

Calvintaneng
It seem u have step on somebody tail . I agree with u also kena whack ....hahaha
Simple minded is good don't have to worry this or that .


why_no_dividend
128 posts

Posted by why_no_dividend > Jun 5, 2019 3:38 PM | Report Abuse

When cannot pay dividend QR is fake like China counters.


calvintaneng
32452 posts

Posted by calvintaneng > Jun 5, 2019 3:43 PM | Report Abuse

Thank you Ivan9511

Calvin not so clever as you think

NO one knows what is the lowest nor able to sell at the highest

Just buy when there is fear and panic. And sell when there is overpowering greed and euphoria

Calvin still remember Ivan9511 chun chun shouting limit up for Opcom when it was 35 sen

After PH Govt won GE14 Opcom went double limit up to cross Rm1. 10

Up by 200%

So Ivan9511 more clever than Calvin

Clap!
Clap!!
Clap!!!


valour
117 posts

Posted by valour > Jun 5, 2019 3:55 PM | Report Abuse

Philip
Loosen up . I caught Calvin analogy it was smack on n quite amusing . U go so technical someone like me a simple minded guy cannot comprehend ....don't make life difficult buy low sell high ....so easy


calvintaneng
32452 posts

Posted by calvintaneng > Jun 5, 2019 4:25 PM | Report Abuse

Valour

Precisely

See this

https://www.google.com/search?q=bill+gates+quotes+photo&tbm=isch&source=iu&ictx=1&fir=Bjtud79GMYznhM%253A%252CTqrHp8ZvV20ZDM%252C_&vet=1&usg=AI4_-kSXwFErBMfxfFpELuyTpgRpInPf2w&sa=X&ved=2ahUKEwiQvrXs9NHiAhWSXisKHejsCKA


valour
117 posts

Posted by valour > Jun 5, 2019 4:27 PM | Report Abuse

Wow...that's a lot of Bill Gates . Tks


calvintaneng
32452 posts

Posted by calvintaneng > Jun 5, 2019 4:28 PM | Report Abuse

THIS ONE

https://www.google.com/search?q=bill+gates+quotes+photo&tbm=isch&source=iu&ictx=1&fir=Bjtud79GMYznhM%253A%252CTqrHp8ZvV20ZDM%252C_&vet=1&usg=AI4_-kSXwFErBMfxfFpELuyTpgRpInPf2w&sa=X&ved=2ahUKEwiQvrXs9NHiAhWSXisKHejsCKA#imgrc=h6zW4zRVKI9MlM:&vet=1


calvintaneng
32452 posts

Posted by calvintaneng > Jun 5, 2019 4:37 PM | Report Abuse

two more about BILL GATES

https://www.google.com/search?q=bill+gates+quotes+photo&tbm=isch&source=iu&ictx=1&fir=Bjtud79GMYznhM%253A%252CTqrHp8ZvV20ZDM%252C_&vet=1&usg=AI4_-kSXwFErBMfxfFpELuyTpgRpInPf2w&sa=X&ved=2ahUKEwiQvrXs9NHiAhWSXisKHejsCKA#imgrc=1bVc52N8tmFdTM:

https://www.google.com/search?q=PHOTO+OF+BILL+GATES+QUEUEING+FOR+HAMBURGER&tbm=isch&source=univ&sa=X&ved=2ahUKEwjr-6Wd99HiAhURheYKHVT8D5sQsAR6BAgAEAE&biw=930&bih=523#imgrc=-DGdBaw1Dr3GvM:


Philip (Can I advise you?)
2263 posts

Posted by Philip (Can I advise you?) > Jun 5, 2019 6:06 PM | Report Abuse

Demusang also missed asianpac, protasco, talamt, PERISAI and many Calvin promoted stocks.

It's ok, we take the good together with the bad.


Philip (Can I advise you?)
2263 posts

Posted by Philip (Can I advise you?) > Jun 5, 2019 6:12 PM | Report Abuse

My lifetime I have met many frauds who come and say can always chun Chun trade like a demigod everyday but low sell high.

This is the core attraction of Calvin tan i3 Harvest church.

Everyday Chun Chun call.

>>>>>>>

Mr Calvin is a clever investor
Asiapac Talamt Calvin buy at lowest sell at highest so Mr Calvin
get free
Asiapac buy at 12sen then sell at 17sen so Mr Calvin use the Profit money so buy back Asiapac at 12.5sen recenlty so now all Mr Calvin share is free
Talam Mr calvin buy 2.5 sell at 5.5 then Mr Calvin use the Free profit buy back at 3.5sen so now get Talam also free


qqq3
13623 posts

Posted by qqq3 > Jun 5, 2019 6:48 PM | Report Abuse

maybe I can associate calvin with Half Tong Water Church.


qqq3
13623 posts

Posted by qqq3 > Jun 5, 2019 7:14 PM | Report Abuse

calvin..those who wear religion on their sleeves suffers from
" half tong water church " or too obsessed suffers from
" running fire enter devil church"

which one is u?

as for Philip. Philip is Enlightened Buddha for this forum.


qqq3
13623 posts

Posted by qqq3 > Jun 5, 2019 7:30 PM | Report Abuse

calvin..those who wear religion on their sleeves suffers from
" half tong water church " or too obsessed suffers from
" running fire enter devil church"

which one is u?


qqq3
13623 posts

Posted by qqq3 > Jun 5, 2019 7:35 PM | Report Abuse

calvin....but I did buy Jaks and Sendai after KYY sold all his Jaks and Sendai........
KYY very kind chap.....


Sales
2218 posts

Posted by Sales > Jun 5, 2019 9:18 PM | Report Abuse

Please do not use religion to describe anything.


nckcm
2726 posts

Posted by nckcm > Jun 5, 2019 10:01 PM | Report Abuse

Using christianity to cleanse his own sins.. wow


valour
117 posts

Posted by valour > Jun 5, 2019 10:13 PM | Report Abuse

Boy ...Calvin u hold a revolver to force them to buy ? Damn fierce these new guys until involved religion ( low level being ) . This is unique instead to stop ppl from buying ...speechless man !


valour
117 posts

Posted by valour > Jun 5, 2019 10:24 PM | Report Abuse

qqq3
Enlightened Buddha not interested in material wealth . Read up before comment otherwise u expose ur level of knowledge


calvintaneng
32452 posts

Posted by calvintaneng > Jun 5, 2019 10:25 PM | Report Abuse

Okok

Just sell all asiapac and go away

Bye bye!!


valour
117 posts

Posted by valour > Jun 5, 2019 10:49 PM | Report Abuse

Nobody just go away when easy money can be made . Seller wants to sell cheap cheap ...Calvin buy it's call smart move . U guys more to excessive greed force weak player to sell . Maybe Calvin won't be in the forum cos u guys no standard


valour
117 posts

Posted by valour > Jun 5, 2019 11:06 PM | Report Abuse

Really no standard how many times must see same comment . C'mon something creative man otherwise I will not reply anymore .


valour
117 posts

Posted by valour > Jun 5, 2019 11:14 PM | Report Abuse

Example...an analogy if Asiapac is a very voluptuous girl who would throw her away . If u do I will say u r insane or maybe the soft type . Give good reasons not just Holland n Fantasy so immature .


banker33
427 posts

Posted by banker33 > Jun 6, 2019 8:15 AM | Report Abuse

well, to each his own


valour
117 posts

Posted by valour > Jun 6, 2019 9:11 AM | Report Abuse

What is there to con...declining ...Some will benefit some will lose


SincereStock
152 posts

Posted by SincereStock > Jun 6, 2019 11:00 AM | Report Abuse

seriously who care who calvin is? why care what he do, what stock he buy?

you guys are so obsessed with him!!! this is asiapac forum

if it is personal issue please stay away from this forum


gohku
158 posts

Posted by gohku > Jun 6, 2019 12:10 PM | Report Abuse

Investing in asiapac is long term value investment it need time to reap the harvest.


valour
117 posts

Posted by valour > Jun 6, 2019 12:23 PM | Report Abuse

Yeah ...I would wait until May 2022 should be interesting !


valour
117 posts

Posted by valour > Jun 6, 2019 6:48 PM | Report Abuse

3 more Chinese New Year... very fast blink of an eye .

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