Koon Yew Yin's Blog

Price Charts do not lie - Koon Yew Yin

Koon Yew Yin
Publish date: Sun, 08 Aug 2021, 03:46 PM
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

My sole purpose for writing this article is to avoid misunderstanding with Mr Ooi Teck Bee. I believe it is a good lesson for investors. When I saw Leon Fuat selling about Rm 1.00 and reported 10.56 sen EPS for its quarter ending March and Hiap Teck selling about 70 sen reported 4.79 sen EPS, I posted articles about my buying of these 2 stocks because they were selling at PE 3. You can see the price charts for Leon Faut and Hiap Teck below.

Leon Fuat price chart

Hiap Teck price chart

 

But when I saw that the price charts for these 2 stocks were dropping despite their good profit report, I sold all my stock holdings and I posted articles about my sales.

Although I am not an expert in reading chart, I know what is up trend and what is down trend. A stock price chart is a daily record of its price movement. If there are more buyers than sellers the price will go up. On the contrary, if there are more sellers than buyers the price will drop.

A stock price movement is based on both the financial analysis and technical analysis (charting).     

All investors must also know that no stock can drop or go up continuously for whatever reason. After sometime it will change its trend.

Clever and alert investors would know when a stock has started to change its trend. The best time to buy is at its pivoting point when a stock starts to change its   trend.

Why I started to buy Hiap Teck?

As I said earlier, no stock can drop continuously for whatever reason, and when I noticed that Hiap Teck has dropped to a strong support level a few days ago and I started buying it and I posted my article to tell investors that I have started to buy back at cheaper price.

 

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Discussions
1 person likes this. Showing 47 of 47 comments

youngun

Good evening uncle, have you rang Hiap Teck and confirmed they're in operation? :)

2021-08-08 19:18

dzalee

“Only foolish investors want to buy steel stocks now”. Either you are the greatest fool or you are sheer lunacy now.

2021-08-08 19:29

s3phiroth

ok this is a 2nd buy call article for hiaptek. I will continue holding my 9000lots.

So please pump higher and write more buy call articles.

2021-08-08 19:42

enumaelish

Old man u n otb do show?

2021-08-08 20:20

LLB2021

What show?

Posted by enumaelish > Aug 8, 2021 8:20 PM | Report Abuse

Old man u n otb do show?

2021-08-08 20:32

LaoTzeAhSir

You write for people to sell n cut loss to you at cheaper price, and write again after you bought. Con you win, shame on you. shameless old fox.

2021-08-08 20:50

OTB

My purpose to write this article is to clarify what are the harms that Mr Koon has done to me by attacking me in the I3investor.com public forum on Hiaptek and all steel stocks.

Please read the below articles.
1.) https://klse.i3investor.com/blogs/koonyewyinblog/2021-08-06-story-h156...
2.) https://klse.i3investor.com/blogs/koonyewyinblog/2021-07-27-story-h156...
3.) https://klse.i3investor.com/blogs/koonyewyinblog/2021-08-02-story-h156...
4.) https://klse.i3investor.com/blogs/koonyewyinblog/2021-07-26-story-h156...
5.) https://klse.i3investor.com/blogs/koonyewyinblog/2021-07-25-story-h156...
6.) https://klse.i3investor.com/blogs/koonyewyinblog/2021-07-21-story-h156...
7.) https://klse.i3investor.com/blogs/koonyewyinblog/2021-07-19-story-h156...
8.) https://klse.i3investor.com/blogs/koonyewyinblog/2021-07-16-story-h156...
9.) https://klse.i3investor.com/blogs/koonyewyinblog/2021-07-13-story-h156...

Note :
1.) I never attack any person in any public forum.
2.) I never attack Mr Koon whether his buy/sell call is correct or not, but Mr Koon keeps on attacking me on my sell/buy call, this is not good.
3.) Mr Koon had done these attacks many times in I3investor.com and also his blog. This incident is not the first time.
4.) Why is he so personal to attack me all the time ?
5.) It is his ego problem, he wants every reader here to know that he is better than me. Unfortunately, he lost to me all the times.
6.) He has abused it.
--------------

My help to Mr Koon
1.) If Mr Koon had listened to my advice, he would not have invested in Jaks which would have saved him 200 million.

2.) I told Mr Koon to get out of Dayang when the share price of Dayang is > 3.00. If he had listened to my advice, he would have saved > 100 million from his capital and > 100 million from his profit. He attacked me instead for my good advice.

3.) I helped him and recommended him to invest in VS and all furniture stocks in 2015. Mr Koon had made a few hundred million.

4.) I had helped him to check the financials of the company before he invests. I am always his working dictionary when he needs help on the company he wants to invest in. Even he called me at wee hours, I always helped him immediately without fail.

5.) He always called me to help him to find good stocks to invest. I did it without fail at zero cost to him.

6.) I had recommended many good and profitable stocks for him to invest. I recommended him to buy Supermx in 2020.
--------------
Ans :
I had made up my mind to run far ... far ... away from him.
I feel very sad over these incidents, there is no turning back.
I can forgive one time, two times and not too many times.
Enough is enough, I will stop dealing with this person.
I am really hurt very badly that words just cannot describe it.

Thank you.

2021-08-08 21:36

i3lurker

I am so very glad that you finally agree that KYY is a very harmful person....


OTB My purpose to write this article is to clarify what are the harms that Mr Koon has done to me by attacking me in the I3investor.com public forum on Hiaptek and all steel stocks.

2021-08-08 21:36

calvintaneng

Forgiveness
We need to be forgiven by God in order to be saved. Jesus’ blood is the only way for this to happen. We must humble ourselves and forgive others in order to receive forgiveness. Will you accept God’s forgiveness? This is good teaching for those who are struggling to understand forgiveness.

Are you forgiven? Your eternal future depends on the answer to this serious question. The Bible teaches us that “there is none righteous, no, not one” (Romans 3:10). Verse 23 of the same chapter states, “For all have sinned, and come short of the glory of God.” We must find God’s forgiveness if we want to be saved from the consequences of sin. Someday we will meet the Lord in judgment. “For we must all appear before the judgment seat of Christ; that every one may receive the things done in his body, according to that he hath done, whether it be good or bad” (2 Corinthians 5:10). We are facing eternity, and this makes it imperative that we know if we are forgiven. If forgiven, we will be accepted into heaven. If not forgiven, we will be sentenced to eternal hell with the devil and his angels (Matthew 25:31-34, 41).

Forgiveness Through Christ’s Blood
So, what can we do to save our soul? We cannot save ourselves, but we can accept the plan that God has provided for us. It will help us to understand this plan when we consider what He showed to His people, the Israelites, before Christ came. God told them to sacrifice animals. The lambs that were slain pointed toward the perfect Lamb of God, Jesus Christ, who would redeem all people by shedding His blood for their sins. The shedding of blood also helped the people understand the seriousness of sin. Ephesians 1:7 says, “In whom we have redemption through his blood, the forgiveness of sins.”

“Forasmuch as ye know that ye were not redeemed with corruptible things… But with the precious blood of Christ, as of a lamb without blemish and without spot” (1 Peter 1:18-19). Our forgiveness comes through Christ’s death and the spilling of His blood for the sins of man (Hebrews 9:22).

Let us take note that, because of our sins, we would be worthy of eternal death. But because of His love and mercy toward us, Jesus died in our stead, so we can be forgiven and our transgressions covered.

Unforgiveness Brings Bondage
When we experience Christ’s gracious forgiveness, we receive peace. To retain this peace, it is necessary to forgive others. Christ tells us in Matthew 6:14-15, “For if ye forgive men their trespasses, your heavenly Father will also forgive you: But if ye forgive not men their trespasses, neither will your Father forgive your trespasses.”

Jesus told a story that teaches us about the perils of unforgiveness. The story was about a king who wanted to check his servants’ accounts. He found that he had a servant who owed him a very large sum of money, equal to many years’ wages. The king told the servant that he, his family, and all his possessions would have to be sold. The servant begged for mercy and the king forgave him of his debt. This servant later found one of his fellow servants who owed him a small sum, about a day’s wages. He told his fellow servant that he would have to pay in full. His fellow servant begged for mercy, but the servant would not forgive the debt. When the king heard of this, he called his servant to him. He said, “I forgave you when you asked me. Should you not have done the same?” The king then sent him to prison until the debt could be paid. Jesus then said that our Heavenly Father will not forgive us if we do not forgive others. (Matthew 18:23-35)

Hating someone, holding an offense, or harboring a grudge causes many negative effects. The person who allows such attitudes in his life becomes miserable. His health suffers, as do his relationships.

When we don’t forgive others, it brings about a bondage to our souls that could be compared to being enslaved by people or bound by a substance addiction. This unforgiveness causes a bitterness within us. It locks in sorrow, anger, and strife; it locks out joy, love, and fellowship. This bitterness is a result of a proud spirit that seeks to keep score and gain revenge for perceived and real wrongs. If we refuse to release our offended feelings, they will eventually control us. We will be in bondage to them as well as in the bondage of sin before God.

Unconditional Forgiveness
Jesus taught that the only way for us to grant forgiveness to others is in the way He has forgiven us. We are to forgive regardless of the nature or gravity of the offense against us, the number of offenses, or the character of the offender. We are to show unconditional mercy as God has shown mercy to us. As we humble ourselves and extend forgiveness to others, God opens the way for us to seek forgiveness for our own mistakes and sins. God fully forgives all who come to Him with a humble and repentant spirit.

As we follow the Holy Spirit, we will know the truth, and the truth will make us free (John 8:32). Verse 36 say

2021-08-08 22:43

calvintaneng

Alas, and did my Savior bleed?
And did my Sovereign die?
Would He devote that sacred head
For such a worm as I?
At the cross, at the cross where
I first saw the light,
And the burden of my heart rolled away,
It was there by faith I received my sight,
And now I am happy all the day!
2
Was it for sins that I had done
He groaned upon the tree?
Amazing pity! grace unknown!
And love beyond degree!
3
Well might the sun in darkness hide,
And shut His glories in,
When Christ, the mighty Maker, died
For man, His creature’s sin.
4
Thus might I hide my blushing face
While His dear cross appears.
Dissolve my heart in thankfulness,
And melt mine eyes to tears.
5
But drops of grief can ne’er repay
The debt of love I owe;
Here, Lord, I give myself away,
’Tis all that I can do.

Chorus: At the cross. At the cross

Where i first saw the light

And the burden of my heart roll away

It was there by faith I receive my sight

And now i am happy all the day

https://www.youtube.com/watch?v=MGBxvsvulGU

https://www.youtube.com/watch?v=F02SYN3zByk

2021-08-08 22:50

calvintaneng

Prayer of St. Francis
Lord, make me an instrument of Your peace.
Where there is hatred let me sow love,
Where there is injury let me sow pardon,
Where there is doubt let me sow faith,
Where there is despair let me give hope,
Where there is darkness let me give light,
Where there is sadness let me give joy.
O Divine Master, grant that
I may not try to be comforted but to comfort,
Not try to be understood but to understand,
Not try to be loved but to love.
Because it is in giving that we receive,
It is in forgiving that we are forgiven,
And it is in dying that we are born to eternal life

2021-08-08 22:58

kelvin61

Geezer must face his KARMA for all the evil things he has done in i3. We wait patiently until the day of reckoning comes.

2021-08-08 23:43

Totalpackage

Shaddap la Koon the cock twister. Write write write for u to feel shiok issit. No cow sense.

2021-08-09 00:52

Totalpackage

Koon talks from his backside for everyone to eat his shit!! Later he will talk about his stup1d pineapple story again & live to shit on all. Worse than a child.

2021-08-09 00:59

Bgt 9963

Post removed.Why?

2021-08-09 08:56

ahbah

Charts may be a corn stuff. They corn us to sell our shares very chip !

2021-08-09 10:12

stockwin

Uncle Koon, Do yourself a favour and look at the dates you wrote the articles in the past one month and you will know how super flip flop you are.
You kept yelling SELL when Hiap Teck was 50 sen and then when you realised no one took your advice you decide to follow OTB and start to buy ? There is no "misunderstanding with OTB" or was there? you just made a bad call and live with it !

2021-08-09 10:47

moneycashrich

now all in the same boat.......too heavy already.

2021-08-09 10:49

moneycashrich

have to buy a ship so all can go all in.

2021-08-09 10:50

moneycashrich

boat may sink......see past history.

2021-08-09 10:52

ahbah

Steel boat ... big n strong !

All can jump in, safe n sound !

2021-08-09 11:28

skyz

Price chart does not lie but KYY does lie

2021-08-09 11:43

i3lurker

price chart will show a "Coffin and Cover"

2021-08-09 11:53

sniper123

this is the 3rd bullish article by uncle KYY. RUNNNNNNN.... before KYY SELLLL......L

2021-08-09 12:10

ming

Yea.. 3 days 3 article.. haha

2021-08-09 12:17

ming

Uncle koon.. 10% profit only ei..

So fast wan run alrdy meh..

Awaiting ur 4th article (gonna pusing again)

2021-08-09 12:50

CharlesT

1.7B+ shares dinosaur steel stock....Koon Bee also cannot make it fly

2021-08-09 15:16

stockfreak

Yes, price action never lies, that's Mr. Market.

But indicators do.

2021-08-09 15:25

i3lurker

Top Ten Reasons why Steel will go UP during Covid disturbance

1) buy steel coffins
2) buy parangs
3) buy steel knives
4) buy samurai swords
5) buy meat choppers
6) buy daggers
7) buy keris
8) buy ice picks
9) buy steel pipes, sharpened one end
10) install grills on houses

2021-08-09 15:32

Tobby

You know i know this is just the few articles before the big dump! If you know Grandpa Golden Koon tactic, you know when to sell!

2021-08-09 15:36

i3lurker

the First Article to ORDER you to buy he already started selling....

you think Chinese eat steel as Cure for Covid???

2021-08-09 15:39

lawpc128

Uncle kyy, pls tell us why u do not recommend INSAS? Very good profits due from Inari , very high nta n sitting on a lot of cash. Perhaps u can write something on Insas. Tqvm

2021-08-09 15:43

i3lurker

14 Provinces in China is closed under covid lockdown...thats today, right now.

Chinese Yuan suffered huge drop due to huge economic activity drop.

China GDP drop.

China consumption dropped..

but no worries
Con YY will export steel to China ports to be stored at China warehouses coz no buyers in China....

or

Top Ten Reasons why Steel will go UP during Covid disturbance

1) buy steel coffins
2) buy parangs
3) buy steel knives
4) buy samurai swords
5) buy meat choppers
6) buy daggers
7) buy keris
8) buy ice picks
9) buy steel pipes, sharpened one end
10) install grills on houses

2021-08-09 15:45

abang_misai

uncle, you dulu rekomen Dominan bila mau jalan? Aku sudah sangkut lama

2021-08-09 21:25

trum

You believe in kyy, you bankrupt first


abang_misai >> ini uncle kuat tipu
09/08/2021 9:24 PM

2021-08-10 00:14

trum

How many articles Kyy write about steel?
Better RUN first.

2021-08-10 00:16

trum

How many articles Kyy write about steel?
Better RUN first.
Love your Rm first. Don’t love Kyy lah.

2021-08-10 00:17

Bgt 9963

Post removed.Why?

2021-08-10 08:47

enning22

why any one still kyy seriously? he is no better then any old kopitian uncle.

2021-08-10 13:51

tamp0i

Sometimes I wonder, are these 2 folks drama-ing... Both sitting in the same table at a kopitiam laughing together and start to create a big show

2021-08-10 13:57

Boon Keng

Better run..... once the old folks call buy .... its time to run away from his call.

2021-08-10 14:09

enning22

to be serious , global demand of steel is getting stronger, US has a large infrastrature rebuilding in place, while many china state owned steel mills which supplied cheap steel earlier,and many now had gone bust.

2021-08-10 14:15

ahbah

Please no battle out with kyy in the mkt bcos he is a sifu.

Just respect him bcos we can't beat him lah.

2021-08-10 14:25

enning22

don't be silly ,kky bring too many people to holland already,you want to go,do it at your own risk.

2021-08-10 14:33

Bgt 9963

Post removed.Why?

2021-08-11 08:53

ValueMe

Chart must teach con yy how not to lie.

2021-08-13 00:06

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