Koon Yew Yin's Blog

A Good Lesson For Cutting Loss - Koon Yew Yin

Koon Yew Yin
Publish date: Sun, 30 Aug 2015, 08:42 AM
Koon Yew Yin
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An official blog in i3investor to publish sharing by Mr. Koon Yew Yin.

All materials published here are prepared by Mr. Koon Yew Yin

Besides Murali, there are other clueless nuts like Timetokoon, CM, Tom, Up_down who are still holding Jaya Tiasa and Mudajaya. They continue to grumble, groan and mourning as if they have lost their beloved mothers.

On my last article, one senseless idiot called paperplane2 who wrote: this oldman failed.......in every single investment if hold longterm like 20 years! on 28/08/2015 12:37. Can you understand this stupid comment?

Remember there are a lot of intelligent readers who will laugh at your senseless comments. No one is forcing you to write if you have nothing intelligent to contribute. 

They must not allow their emotion of fear and shame to control their logical thinking process.  They should have cut loss and utilize the proceeds to buy good shares such as Latitude which has been going up from Rm 1.00 to above Rm 7.00 in the last 24 months. Really good shares will continue to climb despite the KLCI falling continuously.

I sold all my Jaya Tiasa and Mudajaya to buy my 3 favorite shares.   

When I first wrote about Jaya Tiasa in January 2014 when it was selling below Rm 2.00 and Crude palm oil price was climbing to touch Rm 3,000 per ton. I even boasted that I bought almost all the shares traded at Rm 1.95 per share on 31st Dec 2013.

I had so much of JT that visited and discussed with the top management.

The photo below shows Datuk Yap Lim Sen, founder of IGB and I were standing beside the J.T. Chairman Datuk Tiong, son of the Tan Sri Datuk Tiong Hiew King, one of the richest Malaysians. Datuk Wong Sie Young, J.T. CEO is on the extreme right. My wife is on my right.

Unfortunately, CPO price started to fall in June or July 2014 when JT price went up above Rm 2.70. As I said before you must not hesitate to sell when the reason to buy is no longer valid. Of course I sold as quickly as I could.

When I wrote about Mudajaya, I was told that its Indian Electricity Power Project should be profitable because the agreed selling rate to the Indian Authorities included a 15-18% profit margin basing on all the cost including foreign exchange and inflation. Unfortunately, Mudajaya was played out by their Indian Joint Venture partners.

As I said before, I should not be afraid to cut loss as soon as I know that the company cannot make more profit this year than last year because when the company announces reduced profit the price will fall.

Now you should check to make sure all the shares you are holding can make more profit this year than last year.

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Discussions
4 people like this. Showing 50 of 232 comments

murali

Bro,i think u may b in his blacklist too....soon...how much money u made so far?do u make more than him?did u buy vs n latitude?do u make donations of rm1m every year?is yr english good?

2015-09-01 12:18

Up_down

datuk. To my surprise, I thought you were a trader like what you did in BJcorp. Buy and sell, sell and press, buy and sell....play out small margin players. Now, you come here to share your investment knowledge.

2015-09-01 12:18

datuk

7) Never trigger any action for disposal purely of one year of poor
performance when come to stock investment particularly when the industry
is undergoing recession. On the contrary, you should consider option to
put more bullet in to the market leader.....you shouldn't bet in the
first place if your selection is either not no 1 or 2 in that
industry!!

2015-09-01 12:19

murali

Are u trying to teach an old duck how to swim?how much profit u made so far?u better check yr own track record first.....

2015-09-01 12:22

datuk

when comes to this forum ...please do not surprise.....atuk has never claimed himself as investor only....at time.....I also like to kikikikiki as well!!

That's doesn't deprive my very nature of pure long term investor....right??

2015-09-01 12:22

murali

Do u buy latitude?latitude goes up fm rm1 to rm7.....check yr record first

2015-09-01 12:23

datuk

I dun buy Latitute........I bought PBB since 1998....and still holding and buying in the top 30 list...that's my cup of tea.....

2015-09-01 12:25

Up_down

He is a millionaire, donation ....so what! He come here to share his investment knowledge with noble intention? He come here to teach us how to contempt people by using excellent words like' nuts', stupid' 'idiot', 'mentality problem' and etc ?

2015-09-01 12:25

datuk

I bought PBB below RM1....up to above RM20............with the dividend year after year.....

2015-09-01 12:27

datuk

and still buying on last week.......

2015-09-01 12:29

Up_down

Yeah. That's what we call it investment. PBB is an excellent stock for long term. Many buta uncles and aunties make a lot of money in PBB through receiving handsome dividends every year. Don't laugh at them. They are buta but smart inside.

2015-09-01 12:33

datuk

Mr Koon is a wealthy and highly respected man....no doubt.....his record is good testimonial.....that's fact of life......never disrespect just because of differ in opinion....worst still, after loss $$$ follow his earlier recommendation...

We are accountable for our own performance...blame no others..

2015-09-01 12:33

datuk

never indulge in personal discussion and declaration when come to public forum like this....that's not good for polemic...

2015-09-01 12:37

Up_down

We should learn and imitate him. A highly respected man come out a statement:

" Besides Murali, there are other clueless nuts like Timetokoon, CM, Tom, Up_down who are still holding Jaya Tiasa and Mudajaya. They continue to grumble, groan and mourning as if they have lost their beloved mothers. "

2015-09-01 12:38

uzi440

a highly respected conman? respected?? i guess we shud respect Jho Low too.

2015-09-01 12:45

uzi440

that guy has way more financial success then KYY and at much younger age too. he's not a bitter old conman

2015-09-01 12:46

cm

datuk...u really think he is respected man...any idea why u said so? just asking only...maybe u know him better...cos we're not same class as Mr Koon as what he always mentioned...

2015-09-01 13:05

murali

He is old...he is rich....he donates rm1 million each year

2015-09-01 13:09

cm

i look at his face, he is nice people, honest ppl...i won't think he will cheat ppl...with this kind of face...he won't hurt ppl or even take ppl advantage...anyway...he is generation X, we might no able to communicate with him well as this is gen gap...

2015-09-01 13:14

Up_down

I look his face like a buaya le. May be I don't have much kungfu like you.

2015-09-01 13:18

Tom

what the..... my nickname also appear on his list.....

2015-09-01 13:35

Tom

note: i never bought/owned any of mudajaya or JT

2015-09-01 13:37

uzi440

I see that other big Conman Tan Teng Boo is holding a two day forum in KL. This KYY joker should team up. That will be 2 conman for the price of one.

2015-09-01 13:50

uzi440

At the same time, Caveat Emptor. U listen to these "Gurus", being lazy to research, then u pay the ultimate price.

2015-09-01 13:58

mmtalents

"They continue to grumble, groan and mourning as if they have lost their beloved mothers" this is not so nice say ppl lost their mothers, a respectful person shall not make such comment, it is the same how our beloved minister make senseless comments on our country issues, why rebut if you think you are right, I never see Buffet call ppl idiots just that ppl not agree wit his investment methods

2015-09-01 15:50

cm

this statement will surely have karma effect...whatever we said...we cannot say other ppl lost of mother...this statement really too too heavy...
worst case is...i even don't know why my nickname is in the list too...

2015-09-01 18:07

Up_down

There's a syndrome in high corporate level that we call CEO syndrome. I believe he is suffering from this syndrome after retiring many years. He still subconsciously imagine that we are his staffs. When something not fit his ideas, he used to simply ?&%%$%. Unfortunately, he did not realize this's a platform for public to sharing their investment opinions.

In cyber world here, we are all equal. Be ready to be whacked by others for uttering nonsense comments. We don't care whether you are rich, CEO, Dato, donation this and that.

2015-09-01 18:59

uzi440

Credit where credit is due, You won't find Tan Teng Boo posting here (under his real name). He's not stupid enough to do that.

2015-09-01 19:06

jibaikoonkoon

Post removed.Why?

2015-09-01 19:16

jibaikoonkoon

Post removed.Why?

2015-09-01 19:16

jibaikoonkoon

Post removed.Why?

2015-09-01 19:17

jibaikoonkoon

Post removed.Why?

2015-09-01 19:18

avenue88

Mr koon, how would the market continue in these six months time ? Your insight is much appreciated

2015-09-02 02:19

murali

Koon Koon has to call OTB first....please wait for a while

2015-09-02 08:31

murali

Koon Koon, still waiting for your reply.....

Hope u dont turn into Super Ostrich now.....


Posted by murali > Aug 31, 2015 05:21 PM | Report Abuse X

Koon Koon, when did u realise that u were being kencing by the Indian Partner in Mudajaya's case?

When did u start disposing yr shares? I believe it may took a while since it was your second major investment at that moment

Have u ever thought of alerting your loyal supporters such as Johnny Cash etc when u found out the Indian Partner Scam? The price was around RM1.80 in Dec 2014. If u could highlight these to your loyal supporters in Dec 2014 (say after u disposed all yr shares n u are oredi safe), u still can save their ass...Now (RM0.90) is only 50% of the price in Dec (Rm1.80).

2015-09-02 08:35

bgoon99

Perhaps this is the general syndrome of us, the tiny fishes in KLSE, putting too much hope and too dependent on "guru", "savior", "authority", "buaya", hoping to make easy money from tips without making our own judgment, investigation and followup. But I think whoever publish any report/story on any specific stock should "ethically" oblige to issue an "alert/warning" in his best effort when the story is no longer valid. A mere disclaimer in the report may not be sufficient...

2015-09-02 14:23

murali

Just wonder how is Koon Koon going to spin his story on Mudajaya.....lol

2015-09-02 14:28

bgoon99

I typically don't trust any sell side analysts' reports. I followed the Mudajaya report bulat-bulat and made some losses, but no one to be blamed except my own negligence...

2015-09-02 14:43

murali

Agreed.

But do you think Koon Koon is 100% guiltless?

2015-09-02 14:53

bgoon99

I believe and maybe wishfully think that it is not a manipulation, but as I said earlier might be "ethically obliged to issue an alert/warning in his best effort when the story is no longer valid. A mere disclaimer in the report may not be sufficient..."

2015-09-02 15:10

lohman

What? This old piece of shit is at it again? He has conned many with Mudajaya and JTiasa yet will not accept blame for his deceit but even add insult to injury. He promoted, then sold and many must have bought his shares. If these sacrificial lambs curse him to his grave, who can blame them?

2015-09-03 11:49

murali

Koon wrote:

I have discussed with OTB on how I can use some of my money to help you in share investment. Wait for OTB's announcement.
31/08/2015 10:24

OTB wrote:

He gave me RM 4 million cash to set up a fund to help young investors here to make money in stock market so that young investors here can buy a house in 5 years.
He is willing to under write any loss to all young investors if they follow my method of investing.
I wrote out all requirements and scopes for all young investors to participate in this programme. Everything is ready and approved by Mr Koon, it is dependable on me whether I want to do it or not.

I refused to do it since I read all sort of attacks on him. I feel sad for him and I hold back this program. I still keep this 4 million with me.
Thank you.
03/09/2015 09:41

My comments:
Koon Koon tried to help (maybe kind of his redemption programme) but OTB said not and he said "I refused to do it since I read all sort of attacks on him. I feel sad for him and I hold back this program. I still keep this 4 million with me."

I certainly cannot agree with this kind of "an eye to an eye" approach and hope that OTB can help the old man to implement this as long as their intention is really noble and can benefits lots of young investors.

Trust me, once people see Koon Koon's good works with real noble intention, u will find most of his critics here become his supporters.......I will be his No 1 fans for sure.

Love conquers all, Mr.OTB.

"Have a big heart, then you will be happy." As quoted by OTB on 03/09/2015 09:25

Dont stop doing the good deeds just because of few critics on Koon Koon.Have a big hear OTB. Instead, you shall help him to implement (or u may even donate few millions RM on top of Koon Koon's RM4 million) all these good works to help the young investors here.

2015-09-04 08:52

murali

Is this programme only for young investor?

I hope this is open for not so young investor just like Johnny Cash etc who have been very supportive of Koon Koon's call in buying Mudajaya but is currently still holding Mudajaya and continue to grumble, groan and mourning......

2015-09-04 09:00

murali

Lol...koon koon well done!!

2015-09-05 08:47

murali

Otb,is this yr long buddha ear humble old man?

2015-09-05 08:48

murali

Posted by murali > Sep 2, 2015 08:35 AM | Report Abuse X

Koon Koon, still waiting for your reply.....

Hope u dont turn into Super Ostrich now.....


Posted by murali > Aug 31, 2015 05:21 PM | Report Abuse X

Koon Koon, when did u realise that u were being kencing by the Indian Partner in Mudajaya's case?

When did u start disposing yr shares? I believe it may took a while since it was your second major investment at that moment

Have u ever thought of alerting your loyal supporters such as Johnny Cash etc when u found out the Indian Partner Scam? The price was around RM1.80 in Dec 2014. If u could highlight these to your loyal supporters in Dec 2014 (say after u disposed all yr shares n u are oredi safe), u still can save their ass...Now (RM0.90) is only 50% of the price in Dec (Rm1.80).

2015-09-10 06:56

murali

Dont worry, I will post my reminders to you (on Mudajaya) till u come out from your nest to answer....hehe

2015-09-10 07:05

murali

Koon Koon wrote on 30 Aug:

When I wrote about Mudajaya, I was told that its Indian Electricity Power Project should be profitable because the agreed selling rate to the Indian Authorities included a 15-18% profit margin basing on all the cost including foreign exchange and inflation. Unfortunately, Mudajaya was played out by their Indian Joint Venture partners.

Price of Mudajaya went up abt 20% on 02 Sep. Interesting?

Is it possible that Koon Koon knows something is happening in Mudajaya now and the article he posted on 30 Aug was his effort to scare the shit out of you so that he could buy in at this level, after he disposed all at above Rm2.00 last year?

FYI,Koon Koon is an insider too....

Koon Koon wrote on Jun 10, 2014 10:30 PM |

Mudajaya and I in 70:30% JV signed a MOU with the Chief Minster of Mandalay Region more than one year ago. This announcement was properly made in accordance with Bursa Malaysia.

2015-09-10 07:08

gnstyy

u did bring good wine to get information!

2015-09-15 13:14

speakup

those who cut loss last week, now all regret.

2015-09-15 14:08

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