Icon8888 Gossips About Stocks
(Icon) Jaks Resources (3) - Is Koon Yew Yin Our Friend Or Our Enemy ?
KYY volunteers to provide useful information to retail investors through public forums. He had helped certain investors to make money. He had also in numerous occasions led people to lose their pants. So is KYY our ally or he is our adversary, waiting to pounce on us for his own benefit ?
In my opinion, he is a bit of both. It depends on stock valuation.
When a stock is trading at high level with plenty of profit and fat (for example : Jaks at RM1.80), KYY could be your enemy. If he wants, he could take opportunity to make money out of you.
However, when a stock has declined to a very reasonable level, KYY could be your ally. Why ? Let me explain.
One type of companies that I don't like to touch are those that the major shareholder only has very limited stake. For example, Hibiscus. Its major shareholder only owns approximately 10% stake. As such, even though I am bullish about the company's prospects, I hesitate to bet big. Ten out of ten PLC bosses resent holding only small stake in their company. After working so hard, most of the value they create will accrue to the rest of the shareholders. This makes them feel like an employee, and they don't like that. Most of the time, they will try to enrich themselves at the expense of the rest.
Jaks' CEO also owns very small stake in the company (officially around 10%). Without KYY, I will not dare to buy much. But with his 30% stake, I feel safer.
In other words, KYY is my ally when come to Jaks. At least at current depressed level.
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Discussions
3 people like this. Showing 50 of 144 comments
And bloody old man Kyy is living on past glory for too long. Always quoting his younger day sucess "I created mudajaya, igb, gamuda, etc", "I spotted "multi bagger" like lihen, latitude etc ALL REPEAT OF GLORY DAYS PAST.
ALL a phase he went through, maybe a lot of luck. Then he started buying jtiasa, China companies (say so good, site visit etc but all bungkus) and now Jaks. Old Man Kyy is on a losing streak, see how long. Maybe will last for the rest of his remaining life. Ego too big, time for him to be taken down a peg or two.
HEY OLD MAN, if you are reading this, your recent record is not very impressive. Please drop your superior attitude, be more humble and start giving us ONE multi bagger instead of your usual "sinking ship" stocks, can or not??!!
2018-08-04 13:51
Uncle is loaded...so what! Without engaging a capable advisor, then he has to prepare donating most of his wealth to sharks and crocs in the market. His sky high egoism would sufficient to kill him in the market. He is now regret for ditching his former good advisor.
2018-08-04 14:02
@norep , are you idiot, no people is obligate to ensure you earn money, some gain profit from KYY recomendation and some making lose, is normal. if you dont like him, just get lost lah, why blame other people when you making lose, what kind of mentality is this...are seriously idiot, if yest better Stock investing, cause only idiot will blame other when makung lose. super idiot
2018-08-04 14:33
@norep , are you idiot, no people is obligate to ensure you earn money, some gain profit from KYY recomendation and some making lose, is normal. if you dont like him, just get lost lah, why blame other people when you making lose, what kind of mentality is this...you are seriously idiot, if yes better Stop investing, cause only idiot will blame other when makung lose. super idiot
2018-08-04 14:34
We love to see him living in the past glory of success. He has no mistake to learn from the previous picks.
2018-08-04 14:36
Hello idiot,
1st you have no idea what Mt track record is, you can only speculate.
2ndly, I have a lot of free time this week cause your mother decided not to visit me. So there.
3rd, under a new Malaysia, I can say what I want. If you don't like, we'll, too bad, boy. Go cry to your mama while she's not spending time with me.
2018-08-04 14:37
Some idiots equate critic/comment = blame. Stupids cannot tell the difference.
Tell me to get lost. Next thing they will tell me to go back to China. Haha.
2018-08-04 14:44
Unlike some of you stupids, I do my homework. People I listen to icon, kcchong, qqq3, they are people who can talk reason or logic.
Some of you stupids must be Umno/BN members, only good at shutting people up when you don't like what you hear.
2018-08-04 14:49
Some genius say "he has no mistake to learn from". I guess KYY was lying when he said he made the worst mistake of his investing life.
3.5 of my brain cells just died when I replied to you, genius. Do the world a favour, end your life.
2018-08-04 15:03
Raider aka General of Holland cannot even tell that my post was for up_down, not kyy.
Yah, you dont make evil curse, just call people stupid, pondan and other names when they disagree with you. You must be so proud. Give yourself a medal, general Holland.
How is all your HY machai doing? TP for HY still rm32 haha
2018-08-04 16:09
Don't forget how your good heart hantam people when they take profit for HY and you call them pondan, Mr General of Holland. Hahaha
2018-08-04 16:12
Stockraider aka General of Holland aka retirement assistant, can please tell us when HY will reach your TP of rm32? You repeat so many times earlier but now very quiet already woh. How come leh....
2018-08-04 16:15
@General Holland If there is a lot of element of uncertainty, why did you tell people that die die buy buy hold until TP rm32? Why did you curse other people that have a different view then, Mr HYPOCRITE? You mean at that time got no uncertainty meh haha...
I only have 28 post but I never turn a few million profit into a few thousand, like you. Don't need a lot of post to see how you screwed up big time, got your ass kicked by HY Haha. Trading genius, Mr General Holland.
2018-08-04 16:39
Koon Yew Yin, Why you sell JAKS if you claimed it is on Cheap Sale?
https://klse.i3investor.com/blogs/happyinvest/168202.jsp
2018-08-04 16:42
So much element of uncertainty, then WHY did you place so much importance on the then eps rm3? You mean things cannot change with SO MUCH UNCERTAINTY? Tell people die die buy buy must hold with so much uncertainty tsk tsk no wonder your machai leaking blood loh...
You digging a bigger hole for yourself, General Holland, making yourself sound even more bodoh loh.
2018-08-04 16:43
How many people here turn a few million profit position into a few thousand on one counter alone? I think not many. Better give yourself a "gold medal" on how to screw up a winning position, Mr General Holland hahaha
2018-08-04 16:46
I better be novice than expert like you, recommend people go Holland and turn a winning few million position to just a few thousand loh...
I talk cock people don't lose money. You talk cock people people "retire" woh.... Haha
2018-08-04 16:52
Come on norep. Take I3 for pleasure reading only. Don't put money into I3 words....No regret forever..
2018-08-04 16:52
In Petaling Street, can find nice Gold medal, suitable for a Holland General hahaha
2018-08-04 16:54
@salam some people take pleasure in reading, some in writing, some in talking cock. To each his own.
2018-08-04 16:55
@General Holland please tell us how many post do you think it takes before I learn how to turn a few million profit position into a few thousand? Hahaha
2018-08-04 17:13
Answer the question, boy General...
If there was so much uncertainty, why did you tell people to die die buy buy hold until rm32? Why did you hantam your detractors then?
2018-08-04 17:44
You can insult alllllll you want but people dont need a lot of post to see what a screw up you are, boy. Better go get your gold medal in petaling Street, general Holland.
2018-08-04 17:46
Looking at your response, I can tell your ego must be so hurt. Boy, it will pass. Learn to let go quickly otherwise you will turn another few million into few thousand hahaha
2018-08-04 17:50
And I can't wait to see what stock you will recommend next, seeing what an expert you are :-)
2018-08-04 17:52
Dear all,
Don’t be dead serious about life; your life is just play. Every human being should be aware of this every moment of his life, it does not matter what the whole world says about you, it does not matter how significant work you are doing. You must understand that tomorrow morning the world will go on fine without you. Just loosen up your life a little bit, laugh a little more, and involve yourself with people around you. Do things that you think is not so important, do simple things, very important you do simple things. Very important things you are doing in your life, you will become dead serious and don’t be dead now, it’s time will come. This time is to be alive. Take a holiday and what will be will be.
Thank you
2018-08-04 19:05
Dear probability,
I remember you are the first one to give your support on our requisition on HRC. I thank you and I am sorry I was not given the chance to convince other shareholders to vote for resolutions 11 and 12.
I can understand your hatred toward Mr. Koon for his manipulating call on HRC:
He is guilty of over-promoting Hengyuan to very high price and then suddenly sold off his total holding with belong blog explanation.
Hengyuan: A blessing in disguise dated March 7 2018. (HRC RM 9.18)
He then subsequently condemns HRC and causing HRC price drop further on following article:
Sendai P/E 8 why buy and not Hengyuan P/E 2 dated: April 1 2018 (HRC RM 7.65)
Why Hengyuan is falling so rapidly dated: April 4 2018 (HRC RM 6.15)
Then the next day with this article that he is buying back HRC at RM 6.15 and start to promote HRC again.
Hengyuan-investor overreacted dated: April 5 2018 (HRC RM 6.87)
Hengyuan- why I suddenly buy back dated April 7 2018 (HRC RM8.35)
Hengyuan-logical discussion dated April 7 2018
Hengyuan –What I should I do next? Dated: April 10 (HRC RM 8.93)
For me I once written to SC and Bursa,
We each have our duty and responsibility to uphold integrity and build public trust on companies listed in Bursa Malaysia. Many times I have received many friendly advices that as savvy investor just enjoy the ride when time is good (insider manipulation) and dump the share to other to hold when the music stop. I refuse to accept such advices as I believe in the truth and nothing but the truth and shall pursue the truth till the end with the help of very helpful auditor, SC and Bursa.
As of the HRC, I have rebutted many ppl that simply spreading fear that HRC is red chip company without attending AGM, talking to the board or management team. The truth is the management is very happy that Hengyuan took over SHELL because SHELL do not want to commit further capital for upgrading and intend to shut down production, lay off employees and only maintain PD as storage and transit Port for SHELL Singapore. Henguan had committed their resource (Experience, technology and money (all borrowing from shell to Hengyang)). The management teams I talk to are very grateful to Hengyuan and many of them are early buyers of HRC share and some are driving BMW car now. (So someone losses is other people gain)
Thank you.
2018-08-04 21:52
Sslee, thanks for the detail sharings above.
My understanding of external market dynamics on its production margins are perfectly inline with its reported performance.
As such never had any wrong perception of HRC management.
2018-08-04 22:37
why u keep promote jaks...this stock is dead, pls don't pull ppl to support ur mistake, mistake is mistake misy
2018-08-04 23:48
OF COURSE AS AN 85 OLD ELDERLY MAN AN A TYCOON STATUTURE PEOPLE WILL NORMALLY RESPECT U LOH...!! BUT U HAVE ABUSE UR POSITION THRU MISLEADING DIRECTION & ADVICE WITH YOUR SELF INTEREST, SENDING ALOT OF PEOPLE TO HOLLAND, WHO WILL RESPECT U LEH ??
U NEED TO BELIEVE IN KARMA, UR MISDEED WILL ALWAYS COMEBACK TO HAUNT U LOH..!!
Why do People Criticize and Put Other People Down? Koon Yew Yin
Author: Koon Yew Yin | Publish date: Sun, 5 Aug 2018, 11:13 AM
After I posted my article “Jaks is on cheap sale” on i3investor.com, in which I admitted my mistake in borrowing too much money to buy. I notice that most of the commentators on Jaks are being branded as abuse and often deleted by Editor.
Why do some people criticize and put people down?
Of course, it is quite acceptable that a person criticises someone else in order to let him avoid a certain mistake in the future. For example, a boss can criticize an employee when he makes a mistake or a parent can criticize his child for the same reason. Sometimes, a good and sincere friend would criticise me for my mistake. But he did it in a polite manner. In fact, all my sincere friends do not judge me.
But why do some people seem to criticize and put others down for no apparent reason?
I notice most of the critics on i3investor like to criticise and put others down so that they want people to think that they are so clever and successful. These critics are most likely poor and very egoistic. Most likely they are little day traders and statistics shows that most day traders lose money due truncation cost. But they want people to think they are really successful. They just want to put you down in order to steal a quick victory.
How to deal with people who criticize and put you down
The best way is not to respond. Silence can be annoying and disappointing to the critics. That is why I very seldom respond. These critics are jealous of my success, achievement and popularity.
If the person's intention were really bad and if he criticized you just to feel good then he will certainly keep doing it over and over. But if I do not respond he would feel annoyed and disappointed.
When I first started posting articles on i3investor, I saw so many senseless critics and I complained to the Editor. That is why the Editor created a special column for my articles and no one can comment.
My intention in posting so frequently is noble and mean well. I am old and fairly wealthy. I like to share my accumulated knowledge with readers.
I wish to take this opportunity to inform you that the Perak State Government has appointed me as one of the 7 members of the Advisory Council. You can see that I have posted 2 articles, namely “How to improve Perak’s economy and The importance of Start-up companies”.
I hope all my critics will read this article and learn to be better persons.
EVEN THE MOST TACTFUL SSLEE, DID NOT SPEAK SO HIGHLY OF U LOH...!!
I can understand your hatred toward Mr. Koon for his manipulating call on HRC:
He is guilty of over-promoting Hengyuan to very high price and then suddenly sold off his total holding with belong blog explanation.
Hengyuan: A blessing in disguise dated March 7 2018. (HRC RM 9.18)
He then subsequently condemns HRC and causing HRC price drop further on following article:
Sendai P/E 8 why buy and not Hengyuan P/E 2 dated: April 1 2018 (HRC RM 7.65)
Why Hengyuan is falling so rapidly dated: April 4 2018 (HRC RM 6.15)
Then the next day with this article that he is buying back HRC at RM 6.15 and start to promote HRC again.
Hengyuan-investor overreacted dated: April 5 2018 (HRC RM 6.87)
Hengyuan- why I suddenly buy back dated April 7 2018 (HRC RM8.35)
Hengyuan-logical discussion dated April 7 2018
Hengyuan –What I should I do next? Dated: April 10 (HRC RM 8.93)
For me I once written to SC and Bursa,
We each have our duty and responsibility to uphold integrity and build public trust on companies listed in Bursa Malaysia. Many times I have received many friendly advices that as savvy investor just enjoy the ride when time is good (insider manipulation) and dump the share to other to hold when the music stop. I refuse to accept such advices as I believe in the truth and nothing but the truth and shall pursue the truth till the end with the help of very helpful auditor, SC and Bursa.
As of the HRC, I have rebutted many ppl that simply spreading fear that HRC is red chip company without attending AGM, talking to the board or management team. The truth is the management is very happy that Hengyuan took over SHELL because SHELL do not want to commit further capital for upgrading and intend to shut down production, lay off employees and only maintain PD as storage and transit Port for SHELL Singapore. Henguan had committed their resource (Experience, technology and money (all borrowing from shell to Hengyang)).
2018-08-05 11:43
Hey OLD MAN KYY
Get off your noble narcissistic High horse, will you? In your case, you are not responding with silence, you are responding with your own blog sans comments and criticism.
No different from Najib who wanted to silence his critics. And don't get all idealistic with your appointment, Najib was appointed by the people, same for that dictator Mahathir, who created the whole mess in the 1st place. Your appointment means jack shit to the man on the street.
KYY, if you are so noble and honourable, open your postings & blog to comments, and then you can CHOOSE to stay silent. Until then please don't be a dipshit and tell others that silence is the best response when you can BAN all comments on your postings.
Your strategy of dealing with critics is just an easy way of avoiding them, to have the loudspeaker all to yourself.
I am not as clever or successful as you but if you think I'm jealous of your success, we should meet. You can take a look at how I live and tell me if I am a loser.
But I think it will be easier for you at your age to just avoid your critics, isn't it? Don't really blame you. At your advance age and with your wealth, I would do the same.
2018-08-05 15:49
Hey KYY,
I do hope you don't advise the ipoh council like the way you advise the investors on i3, otherwise the ipoh council projects may have a good chance of going to Holland.
2018-08-05 15:54
KYY cut his JAKS to 13% and his wife to 7%, are you still feel comfortable, icon8888 ?
2018-08-17 15:48
remember the old saying,what goes up must come down,what goes up mustn't chase,only buy low and sell high,buy red sell green and don't buy green and sell red......hahaha
2018-08-17 15:51
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norep
To be honest, Stockraider aka General of Holland is good at one thing - helping stock market players 'retire' early. Haha
2018-08-04 13:42