Author: Koon Yew Yin | Publish date:
Calvin comments:
Calvin thinks Uncle Koon has started his own Ponzi games in Jaks & Sendai
Stay tuned for more
Regards,
Calvin Tan Research
Hi guys,
What is a ponzi scheme?
A ponzi game is when monies pour in more and more drawing in vast amount of greedy people thinking of a fast kill.
Like this
JJPTR was started to give all early birds a 20% dividend monthly. And those "generals" who went in early recruited all their comrades to join in later.
The generals could be
1)The Father. He tells his wife & children to invest in JJPTR because he got proof that he received 20% profit every month. So all of them being greedy poured in their pooled life savings
2) The Company Boss
He tells his workers to follow in same pattern
3) The Headmaster
He told his teachers to join him
4) The Stock Broker
He tells his customers to make a quick buck
5) An outspoken Peer Alpha Leader
He told all his other followers to join the party
6) And so the Game Grew Bigger & Bigger
7) Now Monies got sucked in far and wide. Finally over Rm1.5 Billions were collected.
8) It even sucked in people (suckers) from oversea. 25% of JJPTR victims were from foreign countries.
Aha! Who were the winners?
Answer:
The ones who got in early.
So The Father received 20% monthly while his wife and children suffered losses later.
The headmaster made a killings at the expense of his teachers
The Stock Broker laughing all the way to the Banks while the customers got bled dry.
The Alpha Leader dance with windfall while his followers are left in limbo
The Ones that GOT IN EARLY MADE A KILLING WHILE THOSE WHO ENTERED LATER GOT KILLED!!
Foreigners lost their monies to Malaysians who escaped with the booty early?
So you SEE
The Rm1.7 Billions are not lost. Monies only shifted position from Johnny came lately victims to early birds.
So there is no real productive investment
IT IS ONLY A MONEY GAME.
A GAME OF PASSING MONIES FROM MOST FOOLISH HANDS INTO LESS FOOLISH HANDS!
So - early fools also made monies if they escaped early!! And all who greedily overstayed until the very end got slaughtered one by one later.
See
http://www.affordablecebu.com/load/finance_wealth/jpptr_all_you_need_to_know_is_it_a_scam_and_how_to_join/34-1-0-30467
How Uncle Koon Pumped Up Jaks could be seen clearly below
Extra facts and figures how Sendai was pushed up
Jaks is a CYCLICAL STOCK!
See
prices of Jaks in years past
JAKS RESOURCES
Year...........Px Range Year low...............Year high....
2004......................1.06....................1.91
2005......................0.40....................2.14
2006......................0.40....................0.72
2007......................0.41....................1.51
2008......................0.26....................1.46
2009......................0.31....................0.49
Above figures extracted from STOCK PERFORMANCE GUIDE by Dynaquest (2009 March Edition)
So the best time to buy Jaks was near its bottom of 40 sen
See
Posted by calvintaneng > Dec 16, 2014 03:00 PM | Report Abuse X
Whoa!
Top boss bought at 44 cents and above, millions of them. Anything below 40 cents is a bargain!
So don't wait or else Jaks jump Jump JUMP Up And Away!
And Jaks now near historical peak is at its most dangerous!
All the sorchai plus Uncle KYY & his stockmonkey are playing with fire!
Better sell Jaks and switch to laggard cyclical counters that haven't move yet
Created by calvintaneng | May 04, 2024
Created by calvintaneng | May 02, 2024
Created by calvintaneng | Apr 29, 2024
Created by calvintaneng | Apr 27, 2024
Pity for those who sell Sendai at 0.51 and buy Dutaland at 0.45 on Calvin the terbalik king recommendation. Pity...pity...
Dutaland is a value play? U buta or what?
2017-05-28 12:37
Calvintaneng sochai rank 224 after 5 month...can u imagine this talk kok king so thick skin? Haha
2017-05-28 12:39
If I rank 224, I will keep queit and diam diam go hide myself already. This calvintaneng tak tau malu...typical singapore car salesman
2017-05-28 12:40
Calvin even quoted Jesus here. Alamak knnbccb. Tin kosong always make the loudest noise.
2017-05-28 12:46
Dont blame calvintaneng so much, if u know he is car salesman then u should know his low life standard. No wonder all his pick go holland chun hun potong kuku...haha haha
2017-05-28 12:48
I don't blame him bro John Lu. We are all here to make fun of him only. It is ok to be a Sohai but it is not ok to go around and pretend you are a smartass.
2017-05-28 12:49
Hahahaha...ya...this sochai calvintaneng tak tau malu...he naked infront of us and let us laugh at him but he still dont know wanna act smart. LOL
2017-05-28 12:50
CPO >6K aldready?
Bjcorp rm10 already?
Mulpha back to its NTA 90c already?
LOL...there are many other classic example from holland king calvintaneng...maybe he can cheat among other car salesman but all i3 investor here all smater than u lo, mr sochai calvintaneng!
Nah!! Pui!!
2017-05-28 12:53
Kiasu with his twisted facts, TA skill zero, market sense zero, results 5%. The most I can rank him is slightly higher than CP Teh.
2017-05-28 13:01
I think Cp teh wins.. Calvin only has chance to win when it comes to articles words length. 1000 words but zero contents.. hip hip hooray !
2017-05-28 13:07
CP Teh entertain us with his short selling. Clueless Kiasu with his Hip hip hooray.
2017-05-28 13:08
calvintaneng sifu, U dare tok super-investor, you want die arr? super-investor now more advance already, no tok past performance Qtr higher Qtr already, ppl tok future already. Golden rule became silver rule. now golden rule now is business sense.
2017-05-28 13:12
Want some jokes
Here you go
Watch
https://www.youtube.com/watch?v=9vSVvQwwkgk
2017-05-28 13:18
Posted by calvintaneng >
May 28, 2017 12:25 PM |
Report Abuse
Calvin has no enemy. To Calvin you all are misguided souls.
-----------
huh?you are no enemy.calvin is a joke for public to laugh at.hahahahaha!
2017-05-28 13:37
let us have different thoughts, I3 might be too boring and we need. some fun from some people. Depends on how you look at it, I sincerely thank for all the author to post any articles. It fill up the imperfections.
2017-05-28 16:39
Seems KYY having problem with TA+FA sifu whose lost from I3 long time ago.
2017-05-28 16:48
Let us consult the most active accountant in this forum, the one and only Stockmanny.
Is the following statement extracted from the article correct?
"From the recent announcement, you can see that the company has received an initial of about Rm 60 million out of the Rm 400 million. Unfortunately, a large part of this profit was used to pay for the interest charges for the loan taken for its property development business."
2017-05-28 17:37
wah..if cost of Debt is an 'unfortunate' thing...what about cost of Equity...also unfortunate? Having a feeling all going to end up...unfortunate.
2017-05-28 17:45
I think kcchongnz refers the 6.1 million LAD charges paid by JAKS to Pacific Star for "....interest charges for the loan taken for its property development business."
2017-05-28 19:52
KC, he doesn't seem to know what the heck he's talking about most of the time. Believe you me, you should leave him alone, cheers.
2017-05-28 19:59
31 Mar 2017
RM'OOO
Expense
Interest Expense 6,176
Depreciation and Amortisation 3,549
Liquidated and ascertained damages 6,119
Loss on disposal of property, plant & equipment 256
Share of Loss in Joint Venture 50
The interest costs 6.1 million and LAD costs 6.1 million. I think the property development business costs interest and LAD, total to 12+million.
2017-05-28 20:52
Hi guys,
These are the warning signs for Jaks
I just looked up on Jaks's prospect in Hải Dương Province. See
https://en.wikipedia.org/wiki/H%E1%BA%A3i_D%C6%B0%C6%A1ng_Province
1) Jaks will face low demand & overcapacity in Hanoi.
It has a population of only 1.7 million people. 800,000 are employed and about 500,000 are in agriculture.
So only a mere 300,000 people are in industry.
So will Jaks power plant when ready - will there be enough demand for its power supply?
2) Jaks' power plant might face delay due to Hải Dương Province being a bombed out zone during Vietnam war. See https://www.youtube.com/watch?v=fqP2qRfmoQA
In 1972 US B52 Carpet Bomb Hanoi - so the whole place must be cleared of leftover bombs. Jaks' power plant was delayed from starting for 3 years from 2014 to 2017.
So will its completion be also delayed for another 5 years.
3) Earnings from power plants at best reach 6%. See YTL Power example - it has a 6% profit rate. With such low profits even at full capacity by YTL Power will Jaks get a superior return?
4) Cost of Gas & Petrol are expensive in Vietnam compared to Malaysia.
Will Jaks' cost of operation be prohibitive.
5) China Company JV with Jaks is overhyped. Look at BPuri. BPuri already has a JV with China Company in Kuantan for a portion of the Rm15 Billions project award.
By this logic BPuri should be a better option than Jaks?
6) Jaks at 40 sen was cheap because of its NTA over Rm1.00. Jaks over Rm1.58 is trading far above NTA - so there is no margin of safety.
7) Jaks is a Cyclical Counter
prices of Jaks in years past
JAKS RESOURCES
Year...........Px Range Year low...............Year high....
2004......................1.06....................1.91
2005......................0.40....................2.14
2006......................0.40....................0.72
2007......................0.41....................1.51
2008......................0.26....................1.46
2009......................0.31....................0.49
Above figures extracted from STOCK PERFORMANCE GUIDE by Dynaquest (2009 March Edition)
So the best time to buy Jaks was near its bottom of 40 sen. Now is too dangerous to chase Jaks.
The risk and reward does not favour chasing Jaks for now.
2017-05-28 21:16
Calvin, no need to do the hard work for these guys. Let them learn the hard way. Your efforts will not be appreciated by those obsessed with this stock and their idol. I supposed they worship him. Wait till they get burnt often enough like in the past will they get sober up. Please leave them alone. It's not productive to go on like this. This silly stock has never made the news and probably won't going forward, cheers.
2017-05-28 21:24
KYY argues his valuation of Jaks and Sendai based on his understanding of the businesses of these companies.
Calvin argues based on his emotional understanding of the prices of these companies.
Your decision has to be based on whether these companies' businesses and valuations are within your circle of competence.
If they are, do your own valuations.
If they are not, just enjoy the show from the side lines. :-)
2017-05-28 21:50
Posted by 3iii > May 28, 2017 09:50 PM | Report Abuse
KYY argues his valuation of Jaks and Sendai based on his understanding of the businesses of these companies.
Calvin argues based on his emotional understanding of the prices of these companies.
Your decision has to be based on whether these companies' businesses and valuations are within your circle of competence.
If they are, do your own valuations.
If they are not, just enjoy the show from the side lines. :-)
WHOA!
Looks like after stockmonkey doing PLP
this 3iii also want to learn PLP?
What a joke.
2017-05-28 21:55
Again and again this idiot refuses to answer when we need an explanation from his zun zun holang picks. So good in telling lies and pusing . You are actually an Indian ah ?? Knnbccb.
2017-05-28 22:04
http://klse.i3investor.com/blogs/koonyewyinblog/123964.jsp
Latest article by KYY explaining the importance of understanding the business of the company you are going to invest into.
2017-05-28 22:07
Calvin, suggest you re-post a comment able version of Mr.Koon's sandiwara post below...
http://klse.i3investor.com/blogs/koonyewyinblog/123964.jsp
2017-05-28 22:08
My Basic Value Investing Framework -
1. Understand the business
2. Competitive Advantages
3. Ability and Trustworthiness of management.
4. Buy at a good price (a) Find intrinsic value of the company (b) Incorporate a Margin of Safety and buy at a bargain price.
Think like a winner.
The first basic point is actually UNDERSTAND THE BUSINESS.
Do you understand the business you are investing in?
What advantage do you have when you are selling (or buying) over the buyer (or seller)?
If the company is not within (or outside) your circle of competence, look for another company.
2017-05-28 22:12
Posted by probability > May 28, 2017 10:08 PM | Report Abuse
Calvin, suggest you re-post a comment able version of Mr.Koon's sandiwara post below...
http://klse.i3investor.com/blogs/koonyewyinblog/123964.jsp
Ok Mr Probability
I will post it soon
But I am quite busy.
So please take charge Ok,
Thank you and others in advance
2017-05-28 22:14
Isn't it ironic that the person who owns the most number of shares in the company is not even represented in the board. This must be a first in corporate Malaysia. So, how to ensure the interest is protected? Also strange is if the share is selling for a a song, why is the MD having a paltry quantum of less than10% of the PUC? Think about it and don't get taken for a ride, cheers.
2017-05-28 22:14
ok, i also lazy to comment on this sandiwara....long live Mr.Koon the business entrepreneur, stockman the PLP king, sifu OTB the TA master, sifu KC the Financial X-ray and all...getting fed up with all these rubbish..
I just need a logical business analysis like a few who can provide in i3 occasionally...i think that's all there is.
2017-05-28 22:21
Posted by davidkkw79 > May 28, 2017 10:01 PM | Report Abuse
He should only able to see a Monkey from mirror.
OHOH
YOU GONE UP A MONKEY COMPANY IN TUNEPRO?
SEE
davidkkw79
I think this counter has infected by I wanna cry virus.
25/05/2017 22:50
davidkkw79
If based on Tony's speech, everything is big and better! But as what you see the result is terrible. Tony's word is fake, opt in ruling impact is true. Pls don't lie yourself. The fact always is cruel.
26/05/2017 20:04
2017-05-28 22:21
Indirectly KYY is asking everyone to stay away from Calvin Holland stock GSB & Dutaland
2017-05-28 23:16
Raider, good observation from you. Hope, visitors to this blog will exercise caution on self proclaimed super investor stocks as he will be the first to exit when dark clouds appear on his stocks. When that happens, it will dtop like ten pins just like if JTiasa, Xingquan, etc. causing many families to suffer huge losses for buying these inflated shares.
2017-05-29 09:30
Posted by kcchongnz > May 28, 2017 05:37 PM | Report Abuse X
Let us consult the most active accountant in this forum, the one and only Stockmanny.
Is the following statement extracted from the article correct?
"From the recent announcement, you can see that the company has received an initial of about Rm 60 million out of the Rm 400 million. Unfortunately, a large part of this profit was used to pay for the interest charges for the loan taken for its property development business."
Stockmanny, why haven't you clarify my question above since you promoted this stock so much?
2017-05-29 13:12
Apollo Ang
opcom tak boleh lah,pakatan win only I buy senergy and opcom......hehehe
2017-05-28 12:29