I find myself buying too many stocks lately, as the deals and heavy discounts keep coming up. This is probably the most fun and activity I have had in years, as things are getting cheaper and cheaper.

Added small positions in property counters uoa development 1.71 and paramount 0.91 so I can monitor longer term. The theme is property developer with high cash levels, low gearing and selling property around the 300+k range. I believe as time goes buy more cheap distressed landbank deals will turn up for investments possibilities. So I am starting a small position first to participate in this idea with the view of the longer term.

Hmm I think beating a dead horse for half a year is enough as we have already ascertained the quality of Calvin tan investments. I am no longer interested in learning his investing methods.

I am however interested in learning more about yours. What new or existing positions are you holding currently in stocks during covid-19 period?

Care to share?

Why invest in something unknown with no financial impact or traction versus investing in something concrete and signed with profit margins and earnings guaranteed by government? I don't understand that.

But we shall just sit back and monitor as time goes by.

>>>>>>>>>

Posted by Sslee > Jun 26, 2020 9:48 AM | Report Abuse

So please allow me to sell you this future growth prospect of INSAS story.

[KUALA LUMPUR (May 29): The Malaysia Automotive, Robotics and IoT Institute (MARii) has partnered with Sengenics Sdn Bhd to develop ‘ImmuSAFE™’, the world’s first qualitative and quantitative Covid-19 test kit for industrial applications.
MARii said it has signed a Memorandum of Understanding (MoU) with Sengenics that includes the development and commercialisation of products, services and technology related to health management systems, as well as high-throughput diagnostics for communicable diseases in industrial and commercial settings.]

I WhatsApp Dato’ Wong,” Is the above JV business deal very promising for INSAS?

He reply, “Insas owns 17.4% equity interest in Sengenics and I sit on its board from day 1. Yet to get financial impact from this MOU but Sengenics business & patents are getting traction and we signed collaboration agreements with world top pharma companies who will do R&D on patents owned by Sengenics”

I think everyone is waiting for results to catch up. If you believe that lrt 3 earnings, hospital earnings and mrt2 earnings will come in, then it is good to hold it build up position. No point in scolding young bank analysts or their reasons for holding. We need to build our own estimates.

>>>>>>>>>

Posted by SHQuah > Jun 26, 2020 8:51 AM | Report Abuse

Just don't understand, Gkent with a NTA net tangible Asset of 93.33 cents. Cash rich, land, building and equipment plus good will worth more than RM1.00. Why so many stupid bank analyst with shit brain come up with TP 50 cents ?. How do they qualified to be stocks analyst. Do you think the know how to read financial report and Balance sheet ? They only looking at revenue and profit.

As for gkent they have gone through 2 quarters of grueling covid-19 work stoppages without losing money. Moving forward will their results be worse or better? As their work progress has returned in May, I firmly believe the answer is yes.

How much earnings from sengenics per year and what is the revenue today as per latest quarter?

>>>>>>>>>

Posted by Sslee > Jun 25, 2020 2:22 PM | Report Abuse

Dear Philip,
Should I sell INSAS now and buy Gkent?
Or do you think Sengenics has potential to grow into INSAS cash cow even bigger than Inari?

If agree with you is a genius, if dont agree with you is a liar. Normal activities of speculators.

Yes this is how you use margin, to buy things when they are cheap and use cash to buy and hold for the long term. Those who only keep cash waiting for market crash will be paralyzed and unable to buy during downturn.




>>>>>>>>>


Sslee
3309 posts
Posted by Sslee > Jun 24, 2020 8:48 AM | Report Abuse

Good morning,
Will listen to Philip advice, " bought it at 50 cents and sold it at 67 cents to reduce risk."

Ql is not a trading stock. Never was, never has been. Those who profit are those who bought and hold over 1 year, 2 years and 3 years period. If you buy Berkshire Hathaway hoping to make money over 1 month to 3 months, then sorry it just doesn't work that way. For those who are patient and can keep over the long term, then it will be very profitable

Smart cimb analysts who just graduated, has 5 years of work experience, with a degree in engineering jumping into finance. I don't think he is even 30 years of age.

You put your money in the hands of children and trust them with your wealth?
Think about it, if they get it wrong they don't have to pay a single cent.

If you get it wrong, you lose a lot of money.


>>>>>>>>

https://www.linkedin.com/in/walter-aw-lik-hsin-4754a386/?originalSubdomain=my

Unless someone to live under a rock recently they should realize that covid-19 does have a material impact on the company. As business have returned to full operation in may, all I can say is future quarters will have a much better future prospects outlook. FYI, gkent is STILL profitable and has ample cash moving forward. They are rushing to catch up to existing orders for water meters, existing orders for hospital construction and existing orders for lrt3.

If gkent is still profitable in this quarter, it gives me great hope for the company moving forward. I am still holding on, and only reducing my margin which went up when I bought it at 50 cents and sold it at 67 cents to reduce risk.

I still have a good position in gkent. They are securing EoT due to covid for project extension, and I have a good belief in the future of GKENT from the current 2 quarters of results.

As usual:

2021 hospital handover
2022 mrt2 rail systems progress
2023 smart water meter production
2024 lrt3 project progress

The simple question: is there any cancellation or fundamental problems for these projects. Has the government cancelled the projects due to budget issues like prestariang ic project? Is everything still ongoing and moving forward?

For me the answer is still yes.

>>>>>>>>>

Posted by SHQuah > Jun 23, 2020 8:05 PM | Report Abuse

Philip......any comments on Quarterly results ?

Hi bursamaster/investhor. Why create so many id?

Haha talk big now scared to put your money where your mouth is? Don't even care to match your own contributions that you write and say 4q earnings will be 350-700 millions? Now saying someone else did it? What happen? At Supermax rm9 you were wagging your tail you so loudly it will go to 12 la what la etc la. Now all you can do is insult and brag how much money you make? Too bad. Do you even know why the stocks drop so bad after such glowing earnings?


>>>>>>>>>

Posted by CharlesT > Jun 19, 2020 11:02 AM | Report Abuse

pity the old man lah cannot sleep for months

You very certain eh CharlesT? I have another orphanage needs donation, you want to bet another bak kut teh lunch for another orphanage? Since you already confirm trying to run from the mnrb Vs QL one with a lot of bs, how about this one? Since you can't afford 5k donation, how about a 500 donation?

3rd quarter profit is 70 million. So next 4th quarter is between 5x (350m) to 10x (700m).

So if 4q net profit is lower than 350 million you treat orphanage rm500 bkt lunch ok? Or just donate that. I will do the same. If more than 350 million I will donate to orphanage rm500. How about that? For charity put your money where your mouth is?

Dare you take the bet?


>>>>>>>>>

Posted by CharlesT > Jun 19, 2020 10:45 AM | Report Abuse

the game is simple...u will see 5x to 10x increase in their next 4q profit

how will mkt value the co then?

Sslee, my portfolio on i3 is still up and running and shared between friends and my telegram group. I find it is useful for people who are really interested in learning about investment instead of using it just to push their own agenda on how INSAS is a good investment instead. J believe the results 1.5 year results have been amply clear.

I will open my portfolio to public once every quarter for public viewing and to see my performance and have a proper discussion and sharing of info.

Until then, further discussions and viewing of my trackable portfolio can be done on my telegram discussion group that I set up to stop rudeness, name-calling and insults.

FYI it is free.

Sslee please don't bother to buy or comment on scib or kpower as they are a speculative long term bet in nature. All we can see is Karim fronting 10m personal loan to kpower and buying a lot of shares in scib and kpower both and giving them the edge in winning hydropower projects in Nepal and constructing high end villas in Abu Dhabi, both of which are beyond their connection list, ability and cash to win as well as the trust level. We can clearly see the trust here is given to Karim directly and scib and kpower as proxy.

I will not be writing any articles on these investments as they are too be monitored very very closely indeed and are margin fuelled investment for me.

My investment in gkent short term is already very profitable and I am reducing my margin and expanding margins into the other questionable investments that have a much higher level of risk but backed by a fair chance of long term returns.

Sslee, if you do not talk about your own buying and selling of stocks, why do you like to comment on others investments decisions?
Especially when you know I bought it at 0.43 and 0.52 and sold it for a very good profit ( on margin loan) at 0.66.

Can you stick to commenting your own investments good results instead?

Too bad insas has no share buybacks, no future guaranteed prospects, and poor long term results.

FYI, I still hold a substantial sum of GKENT.

Why do you like lousy companies so much? Is your hobby buying bad companies just to attend AGM to scold them? Does that do anything for your wealth creation?

If Warren buffet can buy tech companies and airlines, I pity those who keep sticking to limited and fixed performance metrics without looking at their investments and improving their investment strategy as time passes by.

I don't buy stocks just because people promote like insas sslee. I bought because of future prospects and latest meeting reports and discussions buy Serba dinamik and Karim.

Unlike INSAS, they have a clear plan and reason of investment, which I find compelling but waiting for further clarity.

I have found that clarity.

I don't invest for the past results like INSAS, I invest for future performance and results.

I think scib and kpower results have proven they are worth taking a second look at.

I consider scib,kpower and serbadk as investing in the future of Serbadk growth, so I will consider that as one stock. Reducing the margin exposure of GKENT.

I consider scib,kpower and serbadk as investing in the future of Serbadk growth.

Bought kpower on 16th@2.03, scib on 15th@2.07 and sold gkent@0.66 on 15th

Very good doing so much research! But how come you still can't get good results from INSAS?

So sad, cannot compete with QL, now want to compare with GKENT?

FYI, LRT3 progress completion and claim only at 24%. If you want to compare at least look at it after LRT3 completion when all the profit comes in.

Look at the wording, what is key upside risks? Why is upside a risk?

All their bearish calculations suddenly do not take LRT3 earnings contribution into the picture.

Why?

That is the equation that leaves wanting from the rhb TP.

But since you are now a trader instead of a long term INVESTOR, I dont think you will care about lrt3 contributions at all.

All the more for me.

No one is here to argue with kids. We just try to present factual points, and let kids learn from their mistake. One day you will learn the difference between gambling and investing, and hopefully you can rise up from it a better man.

Or not.

Every day a new sucker is born.

Yes, you are right. Just a few days ago CharlesT was happily walking around saying his third leg very big and ahlong ask happily borrowing money to him to speculate on supermax at 8+. Now that Supermax has dropped to 6+ you can see his attitude becoming more and more vicuous and crude. He starts spewing curse words and blaming saying I run down his stock. So now when the price goes up to 7.3 he starts to be a little bit happier. Let's hope this kid will not over leverage himself into a black hole that he cannot walk away from.

Move on Charlie. Move on...

Please don't overpay for supermax and borrow money to gamble on stocks. You will be missed if you disappear from i3 forum and not show up to pay for your bak kut teh lunch.

But I have a feeling you will start to do dishonest comments like stockraider to get yourself out of paying for bkt lunch.

Oh well...

Yes, that is current price. But you forgot, charles is saying that 4.18 mil is TOO cheap, he is thinking of paying 8-12 million for it.... (he thinks RM15.6 is cheap for topglove, it can speculate up to RM34...)

and if you look at historical mean growth of topglove, we know that the average growth is more around the 5%-8% mark, instead of the 12% mark for the next 5 years guided by management as more apartments start coming up in the market.

The questions to ask is:

1. How sure are you that you will get 12% a year increase when historically your growth rate for the gloves in the world is 5-8% historically? do you use the sudden growth or the long term growth

https://www.televisory.com/blogs/-/blogs/malaysian-rubber-glove-industry-an-upda-2

2. So if 4.18 million is a good deal? How about 6 million? How about 8 million? when does it end?

https://research.sginvestors.io/2020/05/top-glove-maybank-kim-eng-research-2020-05-29.html

This is how you should look at buying a stock, how much cash flow to get from it at the end.

So, you do the math, take highly optimistic prices? Or proper prices of value?

Let's do some basic math for little Charles who doesn't know how to value and pay for the things he buys.

This latest quarter with 2.57 billion shares outstanding, topglove paid out a 10 cent dividend. This came out to 257 million. their engorged profit for the quarter was 356 million.

The past 2 quarters came out to 111 million and 115 million. Assuming next quarter the earnings DOUBLE again it will come to 700 million, meaning they will do 1.2 billion in earnings. (highly unlikely, but you never know.) Even more unlikely is Topglove will continue to earn 700 million every quarter after that for the next 2 years (but anyway...)

we assume that for this financial year we will get 1.2 billion in profits. If we include the millions of shares being converted from the bond, you will get 2.7 billion shares outstanding. if we gave out 540 million in dividends (20 cent dividend) and keep the rest (30 cent earnings), this year topglove will earn 50 cent in earnings.

Charles is valuing TG at 24 ringgit (or was it 36). How many years of future earnings and profits is Charles already paying for to enjoy in the current boom? Sadly he doesn't know.

Lets put it in simple terms. Since poor charlie doesn't care about the long picture, for 2 years he is willing to buy a house that was selling at:

1,179,000 to get 37,500 rental a year, with 12% increase every year after.

now he is willing to pay for the same house during boom time when the tourists are in town

4,180,000 to get 137,500 rental a year for 1 year, and reduce to 48K a year with 12% increase every year after.

Sounds like a good deal?

Apparently not, as people are starting to do the accounting.


>>>>>>>>

Integrity. Intelligent. Industrious. 3iii (iiinvestsmart)$€£¥ Topglove


At RM 15.56 per share, its market cap is RM 41.7 billion.

I project Topgloves' total earnings for this and next 3 quarters to be RM 1.4 billion.
16/06/2020 3:30 PM

His prediction is incredible. Somehow he always seems to buy stocks at the top and sell them at the bottom. Such a nice billionaire to help us poor folks.

Stuck in LAYHONG? Billionaire Herbert?

Can you provide context on this penny stock you are talking about?

>>>>>>>>

seawave Can anyone explain why would a company over splitting their shares to 3 billions and cause value to dilute and all shareholders and insider would be at great lost when they thrown down to 1 ct?

Thank you..
15/06/2020 5:23 PM

I am reducing my margin exposure, because I bought a lot on margin previously. I currently have another 7m on margin, almost all on GKENT. Balance all is fully capital.

>>>>>>>

hariharikais hi phillip, any reason for the recent cashout and sale of PCHEM?
15/06/2020 1:31 PM

I still hold more pchem than you will ever make in your life. I am simply reducing margin that I already make 30% from, and you can track my trade and see how I do over time.

Not like those who can simply make money every day in and out and in and out

>>>>>>>>>

Posted by stockraider > Jun 15, 2020 11:55 AM | Report Abuse

Philip is another subtle pump & dump kaki...he says Pchem & QL so very good but he dump QL & Pchem loh...!!

I am reducing margin, but still 100% capital and 25% margin and fully bullish in stock market.

You can't go bankrupt if you don't owe any money.

How about you? How's your loan shark borrowings going on? Having fun?

Sold pchem 6.89, yinson 6.4 on 11/6/2020 to reduce margin exposure. Sold ql 9.39 to reduce margin exposure.

Please show me this post and the agreement?

ARE YOU TRYING TO LIE YOUR WAY OUT AS WELL?


>>>>>>>>>

Posted by CharlesT > Jun 14, 2020 9:51 AM | Report Abuse

If i m not mistaken initially its for one year..then philip realised he was losing then he changed to 2 years..

Raider n me being big heart gentlemen we agreed so...

You have obviously never hosted or done charity work for children before.

And yes I came from a poor family. Do you have something against poor families? A lot of the most successful individuals come from poor families. Those that were born in comfort will never have the motivation to push themselves forward.

You with your 1st world rich kid mentality, only finding rm50 to make yourself feel good.

Money is never the most important thing. It is spending time to improve their lives and give them insight and motivate them to improve their life conditions, that is the big thing in life. The more your share, the more you will have.

But suckers who only know how to talk bad about others and have never gone out to real life will never understand and ask,

How can kids eat so much?

You have much to learn.

>>>>>>>>

Posted by CharlesT > Jun 14, 2020 9:46 AM | Report Abuse

How 100 kids can eat rm5k bakuteh in one meal leh?

Yes I am competitive.

Better to be a winner who thinks deep and makes sound decisions and hate to lose,

Then to be a loser who think shallow and acts as if he is a great investor just from one short term lucky speculation.

What happen now? Where is your big money making bet after comfort, Supermax and topglove all come out with results?

After all your bluster, how come Supermax go down to 7.90 instead of jumping to 12 as per your sailang bet?

How come tg drop to 16.7 instead of your rm36 or rm54 TP with 3x results?

So smart? Short term smart or long term smart?

Justice for minority shareholders indeed.

Will you turn into a hypocrite and help hypocrites tell lies and get away with lying on the real performance of QL versus INSAS as this is the goal:

To prove the long term prospects of both businesses and how time is the friend of the wonderful business and the enemy of the average one.

Rest assured as time passes by, QL versus INSAS as a business prospects will just grow further and further.

PLEASE NOTE THE WORD "FOR THE SAKE OF ARGUMENT", NOT AN OFFICIAL 2 TIER BET WITH SEPARATE RESULTS IN 2020 AND 2021. WE ONLY HAVE 1 BAK KUT TEH LUNCH, NOT 2.

BUT YOU CAN GUESS WHAT STOCKRAIDER WILL DO? HE WILL TURN IT INTO A 2 TIER BET INSTEAD AND SAY BULLSHIT LIKE BOTH WIN EACH YEAR SO NO NEED TO SAY WHO WON.

BETTER TO BE FORGETFUL THAN THOSE WHO CANT EVEN READ.

SSLEE, WE ARE TALKING ABOUT BAK KUT TEH BET. WHERE IS THE 2 TIER BET CONFIRMED FOR BAK KUT TEH BET?

THIS WAS FOR HIM TO MONITOR RESULTS, NOT TO INFLUENCE AND WIGGLE OUT OF A BAK KUT TEH BET WHICH STOCKRAIDER IS TRYING TO DO.

WHAT HE IS TRYING TO DO NOW IS WIGGLE OUT BY SAYING 1ST YEAR QL NOT DOING WELL 2ND YEAR QL WIN SO NO NEED TO PAY FOR BAK KUT TEH LUNCH.

SINCE YOU ARE SUPPOSED TO BE LOOKING FOR JUSTICE, I ASK YOU TO THINK PROPERLY AND LOOK BACK AND SHOW ME WHERE THIS 2 TIER BET WAS MADE AND CONFIRMED THAT WE WILL HAVE 2 BAK KUT TEH LUNCH THAT CAN BE CANCELED OUT FOR EACH OTHER.

PLEASE SHOW ME THAT.

HEY STOCKRAIDER.

SHOW ME THE 2 TIER BET.

STOP TALKING BULLSHIT AND SHOW ME. IF YOU SAY THINGS YOU NEED TO BE RESPONSIBLE FOR THEM. WHERE AND WHEN DID WE AGREE WITH THIS 2 TIER STOCK COMPETITION? LATER YOU WILL TELL LIES AGAIN AND HIDE AWAY AS USUAL. PLEASE SHOW SOME BALLS AND TAKE RESPONSIBILITY FOR YOUR WORDS.

SHOW.
ME.
PLEASE.


>>>>>>>>>

Posted by stockraider > Jun 13, 2020 7:03 PM | Report Abuse

As i say no need to hurry to dig up mah....!!

The truth cannot runaway mah...!!

I GOT STOMACH LIKE TAKERU KOBAYASHI CANNOT AH. I WANT TO EAT LUNCH FOR 100 KIDS BEHALF DO YOU HAVE A PROBLEM WITH THAT?

BUT SHOW ME THE AGREEMENT WE SAY 2 YEAR BET BECOME 1 YEAR BET.

SHUT UP AND SHOW ME THIS 2 TIER AGREEMENT. WHERE AND WHEN WAS IT POSTED?

PLEASE SHOW ME YOU BULLSHIT AGREEMENT THAT SAY WE AGREE TO 2 TIER BET, YEAR 1 AND YEAR 2.

SHOW ME PLEASE.

I ONLY KNOW ME AND CHARLEST AGREE THAT THE RESULTS IS AFTER 31ST DECEMBER 2020 TO SEE WHO WIN THE 2 YEAR BEER ON BUSINESS SHARE PRICE PERFORMANCE.

IF NO MONEY TO DONATE 5K TO CHARITY THEN SAY LA. THE BEST IS FOR BAK KUT TEH LUNCH. I DIDN'T SAY WHO I WILL BRING. IF I BRING SOME UNFORTUNATE ORPHANS TO JOIN IN THE LUNCH GOT PROBLEMS? IF I SEND A PROXY TO EAT IN MY BEHALF CANNOT AH?

PEOPLE LIKE YOU ALWAYS LIKE TO LIE WITH 2 TIER BETS AND OTHER BULLSHIT.

BE A MAN LA. GROW UP.

YOUR BULLSHIT INVESTMENTS FOR 2 YEARS ALREADY CAN SEE.

THE STAR MAKE MONEY MOVE ON AND INVEST IN GLOVES WHILE YOU HOLD ON AND IN AND ON.

EVEN SSLEE IS SMARTER THAN YOU.

BUT YOU AND YOUR USELESS DEEP VALUE INVESTING FROM 2 YEAR VERY SUDDENLY NOW CAN BECOME 1 YEAR BET. BULLSHIT LA.

Don't bullshit now. Show me this 2 tier bet agreement. Suddenly you say got year 1 and year 2 bullshit.

PLEASE SHOW ME PROOF,

EITHER YOU ARE LYING OR I AM LYING.

IF YOU ARE LYING YOU SHOULD ADMIT IT LIKE A MAN.