koon90
KYY: I lost about 90% of my wealth | 官有缘:数周内失90%财富
Uncle Koon: I am so ashamed to admit that I lost about 90% of my wealth in the last few weeks
My reply to Tradeview’s open letter - Koon Yew Yin
What's KYY other investment? Did he just invest in DAYANG?
How about this? https://klse.i3investor.com/entity/4723/35783/3147550553.jsp
Discussions
2 people like this. Showing 50 of 90 comments
Posted by enning22 > Apr 15, 2020 11:35 AM | Report Abuse
kyy's understanding of wolrd macro-politics ,macro -economics are not accurate,based on such inaccurate picture, so you cannot get a correct projection of the future.likewise for stock selection , and timing for boom and bust ,hard to get them right.Such a pity.
@enning22, could u share anyone in I3, u see give accurate picture & projection of the future ? thks.
2020-04-15 13:42
KYY old fox is very clear with his intention, he just want retailers to fetch up his shares when he dumping to you all. Wake up man !
2020-04-15 13:46
i feel v honoured to be amongs the rich retailers here, they easily rival KYY old fox wealth
guess u got sharp eyes, saw the fox's tail...kakakaka
2020-04-15 13:49
Classic gambler's fate and the curse of margin account.
When you use margin you are at the banker's mercy.
Buddy buddy or lip service is only feel good sentiment.
To top it all, in this country, community sentiment is thick and thus the race to bring down one another is rampant.
Years of building a castle, brought down overnight.
Greed and racism, played out well.
2020-04-15 13:51
官老先生的部落格里反覆性颇大，读者必须自己小心。举例来说，在二-三月时他口口声声支持达洋企业（DAYANG，5141），在股价居于2令吉以上时（3月2日，2.33令吉）还叫读者买进，，在3月8日时说最糟的时期已经过去，甚至措辞强烈的谴责只有"蠢材"才不听他的指示来购买达洋（3月8日）。如果这是他个人看好一只股票的信念，那么无所谓。但是，让我有点意外的是，他在4月10日宣布已经卖完股票，一举推翻了之前的大力买进建议。
2020-04-15 13:54
anyway, i feel v safe now, since the baddie has been identify,charged ,judged by all , found guilty n scorn kaw kaw.
all good guys left here...
2020-04-15 13:54
uncle still got money to change to supermax? mana ada loss 90%? tipu lah…..hehe
2020-04-15 16:59
90% is simply over exasperated . Uncle koon is not a dumbass. Cutloss may apply under margin account b4 it can reach 90% downtrend . The financing dept will automatically sell his shares maintain risks bore by the banks
2020-04-15 17:16
LOL.
His Dayang already sold in Feb la..
Trust him cow also will climb tree.
2020-04-15 18:08
I think there is some exaggeration on the claim that kyy lose 90% even if we take into account of his margin;
Posted by michaelwong > Apr 15, 2020 5:16 PM | Report Abuse
90% is simply over exasperated . Uncle koon is not a dumbass. Cutloss may apply under margin account b4 it can reach 90% downtrend . The financing dept will automatically sell his shares maintain risks bore by the banks
2020-04-15 19:23
gohku > Apr 15, 2020 7:23 PM | Report Abuse
I think there is some exaggeration on the claim that kyy lose 90% even if we take into account of his margin;
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go speculate shares not enough? have to speculate how much people lost?
2020-04-15 19:27
It must make sense when u talk & we listen, we are not primary school kids believing innocently everything people said.
Posted by qqq33333333 > Apr 15, 2020 7:27 PM | Report Abuse
gohku > Apr 15, 2020 7:23 PM | Report Abuse
I think there is some exaggeration on the claim that kyy lose 90% even if we take into account of his margin;
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go speculate shares not enough? have to speculate how much people lost?
2020-04-15 19:29
Qqq3 u ex master talk rubbish we whack him 99
U talk rubbish we also whack u 99..
Fair right?
2020-04-15 20:25
maybe he will tell u, its typo error........loss 90% of profits at $ 3............happy?
2020-04-15 20:27
It make more sense lah..
Oldman simply bullshit trying to escape being fxxk 99
2020-04-15 20:30
But if his cost is below rm1.00 i doubt also lah..
At one time his paper profit is ard rm70m when price was rm2.90+...
Unlikely to make rm7m+ only lah...unless his average selling price was rm1.20+...
2020-04-15 20:34
I am not a KYY's fan. I don't think he makes good stock recommendations.
Somehow I do believe he is telling the truth. He is such a unique person. He is arrogant but he tells what he thinks. He is so confident that his views are always right and those who disagree with him must be a fool and should not be rich.
It is very bold for him to admit openly that he lost 90% of his wealth in the stock market given his "advisor" status. I respect that. You can expect all kinds of criticism aiming at him on/off line after the announcement. Whether you believe or not is not important as he doesn't really care!
His remaining 10% wealth is more than enough for him to live comfortably. The only sad thing is that he may not be able to help as the poor as much going forward. All the best to him!
2020-04-15 20:38
He wrote this after his earlier post received a lot of negative responses..hv to lie that he lost 90% of his wealth hoping people will whack him less..
He is the same kind with Dr.M
2020-04-15 20:41
Qqq3 when yr ex master first came to i3 during 2013 or 2014 i oredi understand him well...lol
2020-04-15 20:42
like that cannot lah..........
OTB is the cult leader.........why cult leader is free one?
2020-04-15 21:58
like that cannot lah..........
OTB is the cult leader.........why cult leader is free one?
2020-04-15 22:12
KYY’s dog is here, your master’s hairy balls are itch la, go back quickly, go lick his balls.
You are genius in creative, your ID already show your tongue out from your mouth: 33333333333333
2020-04-16 01:04
yeah no point looking up to these so-called market gurus , in the end they all crashed and burn. history is a good guide market is full of such people. maybe they got lucky in the beginning and believe they are good but actually it was just random and probability at work. furthermore , can you believe that someone actually want to help you make money ?
2020-04-16 10:09
why cant we all admit we are all just making our way through this market maze - trying our best to make money - some go for fundamental analysis , some technical charting , or trend following and etc - i think it all boils down to your capital risk management
2020-04-16 10:28
Higher risk management means lesser losses but lower potential profit mah....!!
Fear is inverse to risk loh...!!
More bigger fear in the market means lesser risk mah....!!
2020-04-16 11:40
kyy alway boasting he use margin to make huge profit but ended up losing 90% of his money. He alway talking nonsense, if he loose 90% means his wealth now left 20m from let said 200m!!! Then he is consider biggest speculator in i3. I believe still many smart people made easy money during this 4 weeks including me.
2020-04-16 11:55
Over leveraged, ego all these years had build up that one forget the basics fundamental that brought him up in the first place.
I thought many gurus would had already seen this coming in the first place just never thought it will be so bad eventually.
But lessons learned, knowledge gained (or regained), money loss can be regained.
Its ok we are all learning continuously so that we can be better in the future.
2020-04-16 16:10
In the current state not many will say they gained money despite the market rallying almost 150 pts already.
But on the paper while some may lost its not a lost until they sold actually.
Not to say probably less then 10% of the people here are the only ones bought during the low session.
The rest 50% will some have bought at the high, average or low price.
The remaining 40% will probably hold until later stage that current disturbance in price will not affect them at all.
But it is also about how one strategy to invest in this market.
So to really say one earn in the current market is really hard, but if you are only referring to what was actually sold without considering paperloss then i will say there should be around 20% of the people that earned.
Just if you nett it all with the paparloss then probably you get less then 5% people here that gained currently.
Also other people gained or loss not really our concern.
Its not as if they earned 10 million and you will get a cut from it.
So why bother with how much KYY gained / loss?
2020-04-16 16:41
@FoolsGold, if u ask my opinion about the future of stock market, i am optimistic and bullish about the market,as we see the manufacturing -supply -chain is moving out of China, that give malaysia good business opportunities , many of our stocks currently recover somewhat, but still undervalued, that are safe to invest, my selection: :publick bank, penta , uwc,GCB ...etc but i bot at lower price.US for sure will overcome the corona-virus problem,may be in few months time everything could back to normal.Except China-massive unemployment would occure.
2020-04-16 23:27
Posted by enning22 > Apr 16, 2020 11:27 PM
@FoolsGold, if u ask my opinion about the future of stock market, i am optimistic and bullish about the market,as we see the manufacturing -supply -chain is moving out of China, that give malaysia good business opportunities , many of our stocks currently recover somewhat, but still undervalued, that are safe to invest, my selection: :publick bank, penta , uwc,GCB ...etc but i bot at lower price.US for sure will overcome the corona-virus problem,may be in few months time everything could back to normal.Except China-massive unemployment would occure.
@enning22 Good to be optimistic, as life is more fun, but the future no one really knows, how it will pan out. Even Donald Trump's worldview, trade war,bullish Wall St.,sure win relection, is now no more, the covid19 pandemic has chg our world,so much uncertainties now.
We await to see if the world can come out from lockdown , to resume business as usual.
Shd the market start to resume a sharp downturn, after this Bear market rally, it is wise to take out profit n run bcause we dont get too many chances to stay safe...Good luck
2020-04-17 06:49
in life ,in certain area you need to do some forecasting,base on learning and info, if don't forecast ,better stay at home , and sleep , very safe.
2020-04-17 15:15
Whether u r investing or speculating, u can do no wrong buying into Netx at 1 mah.....!!
1. This is bcos 0.5 sen increase will mean 50% increase within 1 day and what bout an increase of 2 sen to 8 sen within 1 year leh ??
That means u can be the best investor in klse with a gain of 200% to 800% within 1 year mah...!!
2. Looking at the downside the company has net cash about 1 sen the share price is 1 sen definitely u can sleep soundly on this investment.
3. No way netx can go bankrupt bcos it has no borrowng mah...!!
4. On the business side netx have exciting sexy products like nfcp and blockbusters apps like gemspots which are potential big winners in the new economy loh.!
5. Netx attract alot of savvy investors, thus funding is not an issue just like amazon, alphabet and facebook in its 1st 10 year of it beginning development mah....!!
IF U HAVE NOT PARTICIPATED OR INVESTED IN NEW ECONOMY, NETX WILL BE A VERY IMPORTANT VEHICLE FOR U LOH...!!
Posted by Integrity. Intelligent. Industrious. 3iii (iiinvestsmart)$€£¥ > Jun 20, 2020 4:46 PM | Report Abuse
>>>>
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08-Nov-2019 Evening Market Summary - 8 Nov 2019
12-Oct-2019 NETX (0020) CHUN CHUN CORE OF THE NFCP RM21.6 BILLIONS FOR DIGITAL INFRAR, Calvin Tan Research
11-Oct-2019 NETX'S (0020) COMING DIGITAL BULL RUN = AS SHOWN BY INSIDERS' BUYING & BUYING, Calvin Tan Research
09-Oct-2019 TOP 10 REASONS TO BUY DIGITAL STOCK: NETX (0020) A SUMMARY OF ITS SALIENT FACTORS, Calvin Tan Research
07-Oct-2019 NETX (0020) - THE MOST MISUNDERSTOOD DIGITAL STOCK OF HIDDEN VALUE, Calvin Tan Research
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23-Sep-2019 SCOMIES, OPCOM & NETX: 3 GOOD STOCKS WITH GREAT POTENTIAL, Calvin Tan Research
>>>>
calvin and raider have to promote a lot more.
2020-06-21 12:48
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gohku
I am curious how can kyy lose 90% when his stock drop 25% to 50% ??
2020-04-15 12:27