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Lets talk about KYY, a principal stakeholder holding millions of shares.
stockmanmy
Publish date: Thu, 11 Feb 2016, 07:45 PM
stockmanmy
0 76
Trade at your own risk. I am here only to vomit out my feelings
Lets talk about KYY, a principal stakeholder holding millions of shares.
What to do?
What should be done?
Preamble
First, lets get it out. I do not have so many shares. Few of us do. I have no experience in having so many shares, was never that rich and never had the good fortune to have this problem.
That means, most important of all, I do not intent to offer any advice to KYY, I have no special qualification to do so and no experience to do so.
The purpose of this blog is just for discussions, its impersonal, its theoritcal and does not mean to offend anyone.
What would you do if you are Mr KYY in today's market?
You are welcome to imagine you are rich like KYY. Doesn't everyone like to imagine they are rich?
Background
The background is this....on Chinese New Year Eve, Mr Koon blogged that the market has dropped too much, unreasonably too much and excessive drop and its time to buy.
24 hours later, Mr KYY blogged that his biggest mistake is not selling more when it is higher. A lesson that KYY wants to share with others is don't let ego interfere with proper decisions, don't fall in love with the shares so much you forgot to sell.
The biggest problem is that the second blog caused his shares to tumble like no tomorrow throughout this week, Lesson here...it does not pay to be honest.
Now, what to do if you are Mr KYY?
I see two viable options.....
1. Take decisive actions and clear the stocks and don't look back for at least a few months.
2. Ignore the market and do nothing.
Option 1 is still viable if he is fundamentally bearish....( for whatever reasons). The backbone of the market has been broken and it takes time to heal. Big winners come from making big decisive decisions.
Option 2 is still viable if one harbors hopes for recovery like for example the August decline and recovery.
There are other options such as averaging down and restructuring the portfolio which I do not recommend for someone like KYY in view of his stature, experience and an alpha male that KYY is.
So, what you fellows think?
As for Mr KYY...I believe he will disgest every thing and do the necessary.....It is important that he keeps it to himself and do not share with the forum as sharing will interfere with his decision making process.
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Discussions
1 person likes this. Showing 19 of 19 comments
Interesting blog n topic. I for one do not think that for his 5%(shareholding I assume) of any particular company he is able to manipulate the price. At the end of the day there are other major shareholders too. Plus some of his shares are pledged for collateral hence u cant sell em. It's wishful thinking to think that he can easily manipulate prices at will. I am guessing u need brokers, other major shareholders, fake news, reporters, inv bankers to collude n shake the price. Correct me if I am wrong. I am merely thinking logically.
Plus I think u need some serious money to push up the price. How many i3investors have major cash to do it? N how much to do it? Few Mill? I am not familiar on this. Wat i do know is we are only a small river in a big ocean. We can't simply push the price. Referring to my example of gpacket, there was a day when the rumors went so strong that telekom will buy packet one at a very high price n on that day the stock went crazy with lots of volume ...shoot up to 0.65 then next day went down to 0.45. This is blatant dumping on us. Simple day in day out volume is peanuts compare to this.
Just sharing cheers
2016-02-11 20:17
Firstly u dont understand how koon bee system works....second,koon koon is still sitting on paper gain on most of his stocks...his portfolio which was created basing on closing price as at 31 dec 2015 is not reflective of his actual cost.his actual cost could be 30-50% lower than the prices during end dec...its whether he wanna stick to his principles or to sell n take his profit now
2016-02-11 20:40
If he is selling now (i believe he oredi did so) then he didnt stick to his cut loss method,which is only to sell when prices drop below 200days sma or the co posts 2 weaker q results...
2016-02-11 20:43
But if he really stick to these 2 rules then he may risk seeing all his paper gain gone sooner than his expectation....his level of margin used is another important factor he needs to address...
2016-02-11 20:46
If he says he haven't sell, then he would be sticking to option 2 ie do nothing and hope ringgit remains low as 4.40 to USD.
2016-02-11 22:24
u think he didn't sell ar? he sell down lah that's why down.he's the manipulator
2016-02-11 22:34
1st he corner the stock buy to push it up until no limit, now dump to push it down.he still can make if everyone buy
2016-02-11 22:36
selling and unloading during September to early january. the size of his holdings can only be absorbed during the high volume that been churning during those time. once collected the money , he could easily buy back at lower price, and even start collecting at other counters looking very steady trending up slowly like awc and hovid kikiki.
2016-02-11 22:55
All problems come from margin investing, Mr KYY is now facing the margin call!
2016-02-12 02:19
one must know that bolehland's bursa is a itsy bitsy tiny winny mkt. u cant really judge a performance out of this mkt unless u compare it like a bmw against a proton. The more $$$ u have available for small caps the easier for u to dictate the performance. Try big caps investing and u will see a whole lot of difference. I see kyy stocks are mostly in the small or mid caps sector and all in bolehland. maybe he sud try the US stocks to see if he is really good.
2016-02-12 08:54
Hi Pinochio why advice someone who is muchmuchbetter than you. Please check your nose in the mirror every mor
2016-02-12 09:10
When he said he wants to sell it means he has already sold most of his holdings. At that point he just wanted other people to sell down so that he can pick up cheaper later.
He is indeed a good investor. No doubt about that. He has world class advisors too. With the help of his good method of picking stocks well before everyone else with the help of the said advisors, he will collect enough fist then he will publicise so that new inexperience investors can hop the bandwagon and make him more money plus building a moat for him at the same time. That is smart and I can salute that even though I don't like it. He is a good investor. Those who follows blindly are bad ones. Those who follows with their own research and strategy are good investors too.
2016-02-12 09:13
so this guy's writing actually influences market movement and share prices? hahaha
2016-02-12 09:19
They operate as a gang/team/syndicate, while the retailers are always the followers and alone. If you made some money, good for you, if you lose; that is expected.
2016-02-12 10:01
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What on earth is kyy if go out from Malaysia?
2016-02-11 20:15