Sslee blog
LIONIND: Hari Raya Haji, Merdeka, KYY, Hollandking, Is the world real? Are we real?
Dear all,
Today is 22th August 2018; I wish all our Muslim brothers and sisters “Selamat Hari Raya Haji” and “Happy Holiday” to everyone.
Month August saw many countries celebrate their independence day.
|
Country |
Independence Day |
Year |
Independent From… |
|
Benin |
August 1st |
1960 |
France |
|
Niger |
August 3rd |
1960 |
France |
|
Burkina Faso |
August 5th |
1960 |
France |
|
Bolivia |
August 6th |
1825 |
Spain |
|
Jamaica |
August 6th |
1962 |
United Kingdom |
|
Colombia |
August 7th |
1819 |
Spain |
|
Ivory Coast |
August 7th |
1960 |
France |
|
Singapore |
August 9th |
1965 |
Malaysian Federation |
|
Ecuador |
August 10th |
1809 |
Spain (proclaimed) |
|
Chad |
August 11th |
1960 |
France |
|
Central African Republic |
August 13th |
1960 |
France |
|
Pakistan |
August 14th |
1947 |
United Kingdom |
|
Republic of the Congo |
August 15th |
1960 |
France |
|
India |
August 15th |
1947 |
United Kingdom |
|
North Korea |
August 15th |
1945 |
Japan |
|
South Korea |
August 15th |
1945 |
Japan |
|
Gabon |
August 17th |
1960 |
France |
|
Indonesia |
August 17th |
1945 |
Netherlands |
|
Afghanistan |
August 19th |
1919 |
United Kingdom |
|
Estonia |
August 20th |
1991 |
Soviet Union |
|
Ukraine |
August 24th |
1991 |
Soviet Union |
|
Uruguay |
August 25th |
1825 |
Brazil |
|
Moldova |
August 27th |
1991 |
Soviet Union |
|
Kyrgyzstan |
August 31st |
1991 |
Soviet Union |
|
Malaysia |
August 31st |
1957 |
United Kingdom |
|
Trinidad and Tobago |
August 31st |
1962 |
United Kingdom |
Month August also is the month where many listed companies in the Bursa will announced their quarterly report. And many investors in i3 are eagerly anticipating their favorite stocks result as fortune can be made or break with good or bad quarter result.
The current hottest stock is LIONIND, after many months of anticipating wait, finally Mr. Koon come up with his article on LIONIND on 17th and 18th August 2018 with his usual egotistic and provocative style:
http://klse.i3investor.com/blogs/koonyewyinblog/169974.jsp
http://klse.i3investor.com/blogs/koonyewyinblog/170132.jsp
I quote; “Many of my friends have also asked me if they should buy back at higher price if they have sold earlier. Of course, many shareholders would have sold too early and regret. A few smart one will dare to admit their mistake and buy back at higher price. In view of its good increasing profit growth, if you have sold, you should buy back”
“For example, I started buying Lion Industry as soon as I saw 2 consecutive quarters with increased profit. That means I started buying when it was selling at about 70 sen per share. Based on my buying method, I would be buying earlier than professional chartists who would only start to buy when the price passes its 70-day moving average, that is Rm 1.20 per share as shown by the price chart below, produced by the famous Mr. Ooi Teik Bee. I will not sell. In fact, I will buy more shares with margin loan.”
All hell breaks loose, recently Mr. Koon tell us he got margin call to sell JACKS now he encourage people to buy LIONIND when price already break RM1.20 while he already accumulated at RM 0.70 and some more saying he will buy more on margin loan.
I3 forumers and those felt cheated in JAKS waste no time in firing their comments and blogs at Mr. koon in all directions non-stop, you either with me or against me. It a war zones with no one care to look into whether LIONIND can sustain its earning moving forwards. Many had become the victims of collateral damage. Amidst all these heated war of words and noises hollandking had prompted the below question?
“Death to people has different meaning, some you die, you die and nothing left. Some, you die, you face judgment and ......
But I have another theory, if world isn’t real, time is illusion, all are equals, does it mean our consciousness is shifting through these events/scenarios, you could go back to the past, you could be in the future....or you could repeat same thing over and over again.”
So the questions: Is the world real? Are we real? We are what we think or we think therefore we are? We controlled our mind or the mind controlled us? Can we stop for a moment without thinking? Are we real or just our imagination? (Illusion, delusion) Are we seeing and feeling things as what is truly there? Or are we seeing and feeling things as our own mind projection. Hence we see things as “self” or “other”, “pleasant” or “unpleasant” and rigidly divide people into “good” or “bad”, “friends” or “enemies” and thus fall under the sway of hatred, prejudice or attachment, greed, jealousy or pride and suffering will always be ready to appear. The mind is limitless and borderless as mind can travel through space and time and thus occasionally we feel the resentment/sorrow/sadness/joyous of the past and anxiety/worries/frightening/hopeful of the future. The mind sometime plays havoc with us and thus sometime we write/speech/act out of our mind or the mind inspired us to produce out of this world discovery/masterpiece.
https://en.wikipedia.org/wiki/Srinivasa_Ramanujan
https://en.wikipedia.org/wiki/A_Beautiful_Mind_(film)
Buddhism has some metaphysics explanation on beginning of universes and life. Teaching on how to control and harvest your mind potential. Gautama Buddha, commonly known as the Buddha ("the awakened one") first teachings after achieved Enlightenment “The Four Noble Truths”
- 1. The Truth of Dukkha (Suffering) which must be recognized for what it is, and all its forms, visible or subtle.
- 2. The Truth of the Origin/Cause of Dukkha (Suffering), ignorance which lead to anger, greed and many other mental obscuration/poisons.
- 3. The Truth of the Cessation of Dukkha (Suffering) is the possibility to eliminate these causes of mental obscuration/poisons.
- 4. The Truth of the Path of Liberation from Dukkha (Suffering) the path that transforms this possibility into reality. This path is the process that puts into play all the methods allowing us to eliminate the fundamental causes of suffering. (The Noble Eightfold Path)
Wisdom:
- 1. Right view: Viewing reality as it is, not just as it appears to be.
- 2. Right intention. Peaceful, loving-kindness, harmlessness and ethical conduct:
- 3. Right speech/writing: Speaking/writing in a truthful and non-hurtful way.
- 4. Right action: Acting in a non-harmful way.
- 5. Right livelihood: A non-harmful livelihood.
Concentration:
- 6. Right effort: Guard against sensual thoughts and making an effort to improve.
- 7. Right mindfulness: Being aware of the present reality within oneself, without any craving or aversion.
- 8. Right concentration: Correct meditation or concentration.
The cultivation of the noble eightfold path leads to the development of two acquired factors, which are right knowledge, or insight, and right liberation, or release.
Right knowledge is seeing things as they really are by direct experience, not as they appear to be, nor as the practitioner wants them to be, but as they truly are. A result of Right Knowledge is the tenth factor - Right liberation, this is where self-awakening occurs and the practitioner has reached the pinnacle of their practice.
For me, I believe; “Things are in a constant state of flux never still. It’s begins from emptiness, will end in emptiness and reemerge from emptiness. Life is cycles of birth and death. With death came others life, your losses is some other being gains. And the universal values of: Right view, Right intention, Right speech/writing, Right action and Right livelihood.”
Our nation will celebrate our Merdeka day on 31th August. We together had fought a good fight in GE14 and against all odds we prevailed thus able to reset our beloved Malaysia.
Are we as Malaysians and human being able to free our mind (Independent From…) and reset our life views and become a better US?
Thank you.
Note:
http://klse.i3investor.com/servlets/ptres/46647.jsp
CSC Steel Holdings - 1HFY18 Net Profit Falls 32% YoY
CSCSTEEL is mid stream steel player, bought HRC from the parent company at International market price and make it into cold rolled steel/pickled & oiled steel, galvanized steel and pre-painted galvanized steel to sell to the Malaysia manufacturing industries. Due to increase in HRC price and cheap import of CRC hence their profit margin suffered.
https://www.theedgemarkets.com/article/steel-players-seek-measures-prevent-dumping-%E2%80%94-sources
ANJOO and LIONIND steel mills are upstream steel player where iron ore or scrap iron were manufactured into different steel product.
https://www.annjoo.com.my/manufacturing/
Ann Joo Integrated Steel Sdn Bhd
-
Prime Products
- Hot Metal
- Pig Iron
- By-Products
- Granulated Slag
- Blast Furnace Off-Gas
Ann Joo Steel Berhad
- Billets
- Mild Steel Round Bars
- High Yield Deformed Bars
- Deformed Reinforcing Bars
- Wire Rods
Anshin Steel Industries Sdn Bhd
- Equal Angle Bars
- Angle Bars
- Round Bars
- Flat Bars
- Square Bars
- Engineering Round Bars
- Black Shafts
LIONIND Annual report 2017 page 36: http://klse.i3investor.com/servlets/staticfile/314321.jsp
The Hot Briquetted Iron (HBI) plant operated by Antara Steel Mills Sdn Bhd in Labuan, produces HBI (inset) mainly for the export market.
Amsteel Mills Sdn Bhd and Antara Steel Mills Sdn Bhd (Johor) produce long steel products namely billets, bars and wire rods for construction and manufacturing requirements.
The acquired Megasteel Banting steel mill produces flat steel HRC.
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Discussions
1 person likes this. Showing 22 of 22 comments
“Respect and Trust takes years to build, seconds to break, and forever to repair”.
Money can't buy respect and trust. Respect, trust, good reputation and a legacy will last forever.
You can't bring money to the other world. It vanishes into thin air once one is expired.
2018-08-22 07:49
Dear all,
Basically Mr. Koon Yew Yin is a well respected elder as he had contributed much of his life for the betterment of society and nation. He had to overcome poverty to get a much required education which many of current generation taken for granted nowadays and work very hard to become co-founder of many companies listed in Bursa.
Due to his hereditary heart condition, he had sold out companies he co-found to his partners (in a very good hand) and ready to meet his creator in Hong Kong Hospital bed. However god had other plan for him and makes him what he is now: a savvy investor, a philanthropist, a keen and prolific writer on politic, economy, nation, life and investing. If you have read all the investing books written by the entire famous investing guru eventually you will developed this reckless killing instinct (the short cut) to win at all cost.
http://klse.i3investor.com/blogs/koonyewyinblog/170216.jsp
I refer above, “To avoid further delay, I propose the Penang Government allocate a piece of land specifically for student hostels and invite open tender for the land so that I can submit my bit. If I can buy the land, there should not be any more delay.”
Yes, Mr. Koon had found a solution to his impasse in wanted to build a student hostel. I wish him good health and success and hope to read more of his articles.
Thank you
PS: I hope Mr. Koon will find a solution to curtain his ego and the killing instinct.
2018-08-22 13:13
SOMETIME I WONDER WHETHER KYY DONATION FOR MEGA EDUCATIONS OF RM 30M TO RM 50M, IS IT REALLY GENUINE LEH ??
OR IS IT DUE TO COINCIDENCE & RAN INTO PROBLEM SO MANY TIME LEH ??
JUST LIKE KAMPAR UNIVERSITY & PENANG UNIVERSITY LOH....!!
YES...KYY HAS PROVEN HAS GIVEN SCOLARSHIPS SUCCESSFULLY, BUT...THIS CONTRIBUTIONS ARE VERY MUCH TINY ON SCHOLARSHIP AS COMPARE TO BUILDING HOSTEL LOH..!!
BTW...INSTEAD CONTRIBUTING RM 50M TO USM HOSTEL, IN WHICH MSIAN GOVT SUPPOSE TO BUILD ANYWAY, SINCE THE UNIVERSITY BELONG TO MSIA GOVT ,WHY DON U INCREASE THE NUMBER OF SCHOLARSHIP LEH ???
2018-08-22 15:05
Posted by Sslee > Aug 20, 2018 11:50 AM | Report Abuse
Dear Halite,
The questions are why KYY cannot kindly share his buying when he start to buy lionind? And why he said he got margin call to sell JAKS and at the same time buying Lionind in the millions?
I don't think you should expect him to inform you when he started buying. I wouldn't tell you too if I were him.
But telling those who had sold to buy back the share at a price twice a couple of months ago at RM1.30 in the statement below shouldn't have been made as it appears that he is propagating the greater fool theory,
“Many of my friends have also asked me if they should buy back at higher price if they have sold earlier. Of course, many shareholders would have sold too early and regret. A few smart one will dare to admit their mistake and buy back at higher price. In view of its good increasing profit growth, if you have sold, you should buy back”.
This is also in view of your statement below,
Posted by Sslee > Aug 20, 2018 01:10 PM | Report Abuse
Dear Halite,
But expectation on Mr. KYY is equally sky high because of his respectable social status, founder of many companies, philanthropist works, keen and prolific writer on politic, economy, nation, life and investing plus his proclaimed noble intention to teach general public on how to invest and to become successful in investment and life. Thus his conducts had to live up to a certain high standard.
2018-08-22 16:28
Stock: [LIONIND]: LION INDUSTRIES CORP BHD
Aug 22, 2018 03:59 PM | Report Abuse
Sslee has revealed uncle has heart problem
He is already 83
If you can't love him, then do not qi-kek him
Do not think your nonsense or rubbish is nothing, may take away 1 life you know. Then you are murderer. You will not have peace for the rest of you life. Let's us from now learn to praise uncle. Invite him to join our play, he is the only one we know can help us to achieve our exit tp earlier.
God bless uncle good health long and happy life.
Be a good boys, do not say anything bad about, if want to say, put it in the most polite manner.
God love you because you love me and uncle
2018-08-22 16:34
@kcchongnz:
I hope this promised RM50m donation has been set aside.
22/08/2018 15:14
If he has the tendency using MF to punt big in Jaks and Sendai, do you think he is willing 'to set aside' 50m idling?
2018-08-22 16:36
Posted by ks55 > Aug 22, 2018 04:36 PM | Report Abuse
@kcchongnz:
I hope this promised RM50m donation has been set aside.
22/08/2018 15:14
If he has the tendency using MF to punt big in Jaks and Sendai, do you think he is willing 'to set aside' 50m idling?
One may have RM100m now, or RM200m, but with margin finance of 2:1, a 50% decline in stock price will wipe out a person's net worth completely.
As this donation has been leveraged many many times in public, and for the benefits of the students and his own legacy, it is good that this must be set aside first.
2018-08-22 16:43
talk about MF is educational,
talk about 50M donation is a ridicule
moreover now you know uncle has heart problem
why "qi-kek" him .
2018-08-22 16:55
Very few people can match ROI of mine on last Sunday. Single day. 1:180 return. I got.
What is next then on 2016,2017 & 2018?
Thank you.
2018-08-22 17:52
I don't worship people who make a lot of money from stock market, neither do I condemn them.
What is so great of making money from others in a zero-sum game?
But I give respect to people who are truly noble, those who selflessly contribute to the society, without fear or favor, with humility.
To re-post this below,
Posted by Sslee > Aug 20, 2018 01:10 PM | Report Abuse
Dear Halite,
But expectation on Mr. KYY is equally sky high because of his respectable social status, founder of many companies, philanthropist works, keen and prolific writer on politic, economy, nation, life and investing plus his proclaimed noble intention to teach general public on how to invest and to become successful in investment and life. Thus his conducts had to live up to a certain high standard.
2018-08-22 18:35
U R TOTALLY WRONG ....AT THE MOMENT THE LOSSES OF JAKS IS STILL COUNTING MAH BCOS HE HAS DISPOSED LESS THAN 30% HE HOLD LOH......!!
JAKS COULD BE THE HISTORY SINGLE STOCK LOSSES FOR KYY LOH...!!
Posted by Ooi Teik Bee > Aug 22, 2018 05:40 PM | Report Abuse
Posted by kcchongnz > Aug 22, 2018 04:43 PM | Report Abuse
Posted by ks55 > Aug 22, 2018 04:36 PM | Report Abuse
@kcchongnz:
I hope this promised RM50m donation has been set aside.
22/08/2018 15:14
If he has the tendency using MF to punt big in Jaks and Sendai, do you think he is willing 'to set aside' 50m idling?
Ans :
I always avoid myself whenever any article related to Mr Koon.
All of you can doubt that Mr Koon will not set aside RM 50 million to build hostel for Penang government, but not me.
I was told more than RM 50 million was set aside for this donation. I refused to disclose the actual amount.
I believe I know more than many readers here because he told it to me personally.
Please do not doubt Mr Koon's sincerity. He will do it faithfully.
I knew how much Mr Koon win big in 2015 on VS, Liihen, Latitud, Hevea, Gkent and Gamuda-WE.
The loss in Jaks is nothing if compared against the gain in 2015.
Thank you.
Ooi
2018-08-22 18:40
Posted by Ooi Teik Bee > Aug 22, 2018 05:40 PM | Report Abuse
Posted by kcchongnz > Aug 22, 2018 04:43 PM | Report Abuse
Ans :
I always avoid myself whenever any article related to Mr Koon.
All of you can doubt that Mr Koon will not set aside RM 50 million to build hostel for Penang government, but not me.
I was told more than RM 50 million was set aside for this donation. I refused to disclose the actual amount.
I believe I know more than many readers here because he told it to me personally.
Please do not doubt Mr Koon's sincerity. He will do it faithfully.
I knew how much Mr Koon win big in 2015 on VS, Liihen, Latitud, Hevea, Gkent and Gamuda-WE.
The loss in Jaks is nothing if compared against the gain in 2015.
I do not doubt his sincerity in donating RM50m to the Penang government. Never. After all what so much of wealth is for if not do some charity work and leave a legacy, especially if your next of kin does not require so much money after one expires.
Yes, I know there is a lot of money there and the sincerity is guaranteed. But just to ensure that is done, place that in a trust fund of something now. It is not a matter of how much he has now.
Just to reiterate, it is not that I have doubt of his sincerity and ability now.
I highly respect this charitable donation.
2018-08-23 19:45
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kcchongnz
Good piece. Just add something I just read.
"Respect, trust and love, must be earned. Earned as well as returned."
2018-08-22 07:39