Last time When so many were bullish on Iskandar's property counters because of Latest Glowing Quarterly Reports I cautioned all to be careful.
Why?
Yes, there was roaring sale of Condos in Iskandar and every company like CView, KSL, Daiman, Plenitude & Ecoworld were doing fine.
However, that was then. The scene from the rear view mirror looks good.
Buy looking ahead is a different story. The path ahead is bumpy and the sky stormy.
Many disagreed with me. Especially one called "Koay" in KSL Forum
As time proved All Property Stocks retraced by 30% to 50%
Now Analysts are using the same Rear View Mirror to see NYLEX.
Yes, Nylex's result was poor due to competition from China.
But that was then.
Now the View Ahead is Different
With the Crash of Ringgit against Renminbi by 20% Plus the Ever Increasing wage demanded by Chinese workers (sometimes with protest it is now a different story
Another one is TPP (China not inside)
THE EQUATION HAS TURNED IN THE FAVOR OF NYLEX
So learn to SEE AHEAD!
Chart | Stock Name | Last | Change | Volume |
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Created by calvintaneng | May 10, 2024
Created by calvintaneng | May 04, 2024
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Created by calvintaneng | Apr 29, 2024
Before you see it Pm Corp was 9 cents. By the time you see it Pm Corp is 27 cents.
Before you see it Kfimas was 35 cents. By the time you see it Kfima is over Rm2.00
2016-01-19 12:29
this guy going everywhere attack ppl after losing lots of money in geshen, comcorp, tguan etc..........list too long
2016-01-19 12:31
Yes Sifu Paperplane (Steven Yong) I saw you talking to OTB about Favco. So I bought some Favco shares at Rm2.85
I sold Favco into strength and made coffee money.
When you come to Iskandar give me a call. I will belanja you coffee.
So many are skeptical of NYLEX. That's really wonderful; it becomes a great bargain for Dr Neoh & me.
Last time SO MANY WERE SKEPTICAL WHEN I RECOMMENDED PM CORP AT 9 CENTS.
So many "experts" Cannot See Value in Pm Corp at 9 cents. Many are remisiers, accountants and some are Top Chartered Accountants. All tak boleh pakai. Never mind lah.
The 1% who can SEE will make 99% of the money.
That's the way it was in Walter Schloss & Ben Graham's time.
And so it will be today. Mr. Market can never learn. Then as well as now.
See all later. Now in Booming Iskandar.
2016-01-19 12:49
In order to drive safely, one should always refer to the back mirror. I can sense that you seldom look at past earnings which is dangerous in my view. This is just my opinion,
2016-01-19 19:32
Actually nylex in my 2015 stock pick if u notice. My sifu bought it, I follow. But quarterly report came out disappointing. I a! Not sure why, maybe they had no pricing power? When crude oil down, their product prices need to go down also.
2016-01-19 23:25
Supermx is rather special case. They were sold down due to ppl sabotage lah, we all know tht.
2016-01-20 00:04
I really not sure. I hope you are right. But now I choose to go for stock with high div yields first, perstim, jcy, iwcity.
Wild card AirAsia, pure beneficial of low crude oil.
I guess Tony Fernande's going party everyday after seeing crude oil below 30! Huge windfall coming!
2016-01-20 00:06
Integrity. Intelligent. Industrious. 3iii (iiinvestsmart)$â¬Â£Â¥
NYLEX
JAN 2016 7.9 SEN PER SHARE
7TH MARCH 2024 24 SEN PER SHARE
2 months ago
Icon8888
we will believe it when we see it. Show us the money LOL
2016-01-19 12:06