For someone who has never made a single accurate buy call or good investment analysis, and in which every comment you make is that every stock is a bad stock, why do you think anyone should even listen to you eh gdex boy? The only stock you promoted which is gdex is doing much much worse than pchem, dropping from 40 cents to 14 cents. What makes you think you are even remotely worth listening to?

Why don't you give another stock which you are invested in, unless its always the kind where you somehow are ALWAYS able to buy when it is low and sell at the perfect highs? But then, since you are already some billionaire trader, your are probably more inclined to talk more, do less.

>>>>>>>
i3lurker

pchem looks likely to touch 5 again in 2023

even if 5 is never touched in 2023, 7 very likely
11.08 will be medieval history never to be seen alive again in 2023

3 hours ago

Let's be honest here for a while.
Roset was started in 2004 as a limousine rental company and later sold to ex management/relative Thong for a measly amount. They then spent 4.5 million to bring in tesla ev car into local market with no idea how to do marketing, servicing and repair.

Stoop to their level? Tell me how much roset loses each year in operations and who pays for it? Who pays for thong salary every year as director and manager of roset? Where did the money go before they decided to sell to thong for cash and "considerations". Was it a profitable 18 year investment?

That is the real reason for the low pe and institutional e belief in insas performance and capability.

UNIT TO DISPOSE ROSET LIMOUSINE SERVICES & ROSET AUTO CARE SERVICES FOR A TOTAL CASH CONSIDERATION OF S$ 3.8 MILLION.

So many nonsense stories, you still believe?

https://www.thestar.com.my/Business/Business-News/2015/06/27/Insas-creates-a-listable-financial-technology-outfit

https://www.theedgemarkets.com/article/insas-list-ma-securities-rto-syf-resources-valuing-stockbroker-12-times-book-value

Come on, you can do better than that.
>>>>>

Sslee

From 2021 annual report.
Gain on disposal of unquoted investments RM 77,599,000

3 minutes ago

Don't forget to add in the yearly expenses and losses throughout its entire lifetime, which was paid by insas

Yes, do tell me how much insas paid to start up the car rental company, then how much the ex manager paid to insas to take it private. Rebut me please. How much money did shareholders and insas gain from sales of the Singapore car agency?

>>>>>>
Sslee

Just to rebut Philip with facts and figures.
Insas already sold your so called biotechnology and Singapore car rental business last year and this year already closed down Numoni Technology Pte. Ltd.

So please check your facts how much Insas profited from the sales of Sengenics biotech?

The simple question I keep asking myself is this: which son told the dad to to buy and put sensecube as a subsidiary of the company? What is this nonsense with m&a disposal and syf? Are all this shenanigans shareholder friendly or another way to slowly suck money out of the company?
Insas is like a golden bottle where the directors are quietly trying to suck money out as fast as possible without shareholders noticing. FYI, the owners have once remarked that insas is the most undervalued company in bursa.

Did you think that they would not find a way to unlock it any way they knew how?

Now, what would make me buy insas?
1. If insas current directorsand managers remove themselves day to day operations and find a new capable management. As insas is full of potential but not well managed, I recall the act of texchem boss hiring and changing of sushi King manager which was a brilliant move increasing sushi king returns over the years and growing new store count which wasn't done during previous management.
2. If similar to myeg brilliant listing of agmo, or Vincent tan split of bjfood and bauto, management sells their inari stock and rewards all shareholders with special dividend to reduce the gap of nav, unlock value for all shareholders instead of holding partners hostage.
3. They become more transparent in the direction that they are going instead of trying to be everything to everyone. Instead of going for property development and biotech and car rental and clothing line( let's face it not everyone is Warren buffet), they could have concentrated on making their m&a trading and listing arm the best in the business as it is what they know best. By simplifying their business model and concentrating on app trading, blockchain listing, starting up a new angel investing or crowdfunding platform that ties into their business which is where their talents lie, it would bring much better synergy and returns than sending money to a biotechnology firm based in Brunei that is just bleeding money with no returns, or a loss making car rental company in Singapore in the age of grab, or that ewallet vigsys scam that burnt millions of shareholder equity.

Just like I buy what I understand, I believe insas would do much much better investing in businesses that they understand.

I think insas is a company that is worth investing in, but the management is one that I would walk far far away from if I see them on the street.

People keep asking me if inari is a good company why don't we buy insas instead for the low share price and huge share of inari.
My answer is simple:
1. When will insas dispose of all inari shares and distribute to shareholders? Never.
2. If you buy inari, you get all the rewards of growth and dividends. If you buy insas for inari, you get nothing. Insas decides what to do with the proceeds of share sales and dividends and you will definitely not like what they are investing in. Vigcash, roset, melium, dome coffee to name a few huge waste of money.
3. What does binapuri and insas have in common? They have property development arm that have many "subsidiaries" that funnel money away from the listed company pockets into director hands privately under the guise of expenses.
3. Extremely Low PE is not a good sign of a company return. It is a sign of LOW expectations that the company will give a good return yearly. Insas has been giving low returns for years now. Both in shareholder returns as well as company performance.
>>>>>
stockraider

Lu tau boh ??

Those who stick consistently with Insas will be very well rewarded given time mah.
Just have some patience loh!

They is a big margin of safety & reasonable div u will get while u wait loh!

1 week ago

This is why one would never listen to free tips or do called insider info as it rarely works out.

>>>>>>>
Sslee

Free tips/insider information:

HRC Q3 EPS and Balance Sheet will be exceptional good.

This tips/insider information is given with the aim that exceptional good Q3 will move the HRC share price up north so that I can sell by C24 for a handsome profit.

Disclaimer: Purely a betting tips, not a buy or sell call.

1 month ago

And why not? From the day I bought pchem, it has made 18 billion in profits and distributed 9 billion in dividends. It has used the 9 billion in retained earnings to buy more cash flow positive companies where the price of oil is giving big positives. All I have to do is hold a few more years to get my holding cost to zero. Then every year I get money for free. What's not to like? If you don't care about the share price of pchem, the earnings alone is worth salivating over.

It proves that Lee soon sheng is a real respectable person who act honorably and believes in his investment and put real money behind it. Unlike those that only use this forum to criticise everybody but has no useful results behind it.

Talk less do more. At least sslee is learning something new every day, unlike those who only know how to troll but no results.
>>>>>>
MoneyMakers

Aiyoyo sslee insas shareholding got nothing 2 do with HY analysis

Mike Good 2 see ur crackhead alrdy calm down abit (less BS @ starting to digest HY pain/loss)

56 minutes ago

You would have gotten much better and easier results buying Stondon simple like pchem where we just have another 1.89b of net profit, and we can look forward to another year of 50 cents in dividends to bring down the cost of ownership. I think knowing the business model of hy and petronm is very very important. And knowing why pchem had such high profit margins is also very very important.

Not all oil and gas companies are the same. Not all derivatives are similar. I think a huge bloodbath coming soon.
>>>>>>>>
Sslee

Good morning Philip,
I only put in abt 4% of my portfolio into HRC and warrants (betting purpose)

I invested abt 16% of my portfolio into Petronm.

Petronm:
Q2 Revenue : RM 5,596 million, PAT RM 183 million EPS RM 0.68
Q1 Revenue : RM 3,800 million, PAT RM 106 million and EPS RM 0.394

Petronm last year EPS 88 cents and dividend 20 cents. So this year H1 2022 EPS already excess last year EPS and I expect this year dividend will be higher.

Petronm earning from Biodiesel margin + refinering margin + retail (petrol stations) and commercial sales of refined petroluem products.

HRC earning solely from refining margin (diesel, gasoline and jetfuel crack spread) with lot of hedging.

1 month ago

Sslee/ probability, care to explained what is happening on the hy huge losses? And as someone told me to sell my pchem and ql to buy hengyuan all in, I wonder if I was lucky or smart to not listen to them in their wild recollection. In fact I am so happy to have kept the faith in the stocks that I understand better versus stocks that I know nothing about.

Im not investing in it. And I have no idea if it is good company or not, I just know there is a reason why shell sold their assets to hibiscus previously.

>>>>>>
Sslee Philip,
Ipunk is asking for your opinin on HIBISCS. Is Hib a good company to invest in for short, medium or long term.
22/11/2022 10:52 AM

i dont have it in my portfolio.

In a way this is true. But yinson demand for FPSO is directly related to the price of oil. when oil was low, many FPSO projects were deferred. And now when oil price is high, how many FPSO contracts did yinson win?

>>>>>>>>
DannyArcher

Fabian, crude oil price has no direct connection to yinson profit. Listen to the interviews and quarterly briefings. Crude oil can go to USD1000 and it wont boost yinson profit

adding my position in kawan, as I am very bullish on inflation of food prices and the profits that local producers like KAWAN can get as they manufacture in selangor using cheap labour and low exchange rate, and sell in USA at high pricing. Long live the pratha! I look forward to 400 million a year of pratha sales, the only way to beat inflation

I hope it goes well for you. Just remember the story of 华西新市村

Where every villager is a millionaire and everyone is rich, until you need to take out money to buy things. Then you realize you cannot force the management to pay everyone, and the maximum you can take out is 10% every year

is there anything of material change to look forward to in insas business moving forward? or are they doing the same exact thing as the last 7 years?

When one has no stock acumen or any form of stock analysis that matters, they will resort to trolling as usual instead of sharing and implementing knowledge. And we wonder why Malaysia is going down the drain. Maybe one day when CharlesT actually starts writing a stock valuation or analysis I will read to better understand him. As it is now, no difference between CharlesT and Shrek. Both are pure comedy.
>>>>>>
CharlesT

Windy1974 u like rich old guy ah?

I think Philip's wife is still around

Wonder how high it will go if latest qr they make surprise profit compare to all the competitors?
>>>>>>
Wonder how low it will drop if latest qr also GG n asp keeps lower low ??

Very easy to say on hindsight, but how many actually put their money where their mouth is and bought double or triple the shares they started with and averaged down? Very few I wonder.

Closed trade on mynews jump, sold at 0.535 over the past few days

Don't be silly. It was buying cheap on margin before when prices were too low. Now that prices is up then reduce margin exposure is normal. Margin is a double edged sword. One should never use margin to average up. For me I use it to average down when prices are good.
>>>>>
AlsvinChangan

Fundamental investor become trader?

Sold some harta to reduce margin exposure

Don't forget to add serba dinamik to that row of ducks. Obviously along the years ( just like my portfolio) I do not only choose those stocks, but include a few others as well.

The difference this time around is that the majority of my money is in solid strong companies ( like pchem) and minimized in companies like serba ( which I managed to cut and save what was left). If anything my portfolio is far more real than your imaginary jho low life where you service high networth individuals and cut profit in gdex at just the right time and buy other unnamed stocks just as they are making profits.

Let's face it: my "imaginary" stock performance over the last 3 years results are far far better than your "hidden" performance of your imaginary stocks.

True?

>>>>>
i3lurker

what are the odds ?
except extreme fantastic super duper hyper good educated cutting edge forward looking skillsets that someone will actually choose Aokam Perdana, Ekran and Renong bhd just like ducks in a row?

Noted and thanks. For something that you believe will be very exceptional good results didn't seem like you have much conviction in the company. As do I as well.
>>>>>
Good morning Philip,
I only put in abt 4% of my portfolio into HRC and warrants (betting purpose)

How much % exposure of your portfolio are you putting into HRC Lee?
>>>>>>
HRC Q3 EPS and Balance Sheet will be exceptional good.

You mean trolling is a relevant skillset?

I don't think you have ever given a single stock recommendation that worked before

Is that what you keep telling your high net worth clients to do gdex boy? Wow.

You sound so smart until we look at your results and comments to date. You talk as if you are serving high networth individuals and doing business deals etc etc. But the fact is, you can barely even get your facts straight. When you were talking so much nonsense on gloves were when I did my largest purchases at 1.6+. And now you come back with your nonsense again as if you have any more credibility.

Just go back to your cave gdex boy, you really know nothing about investing or stocks other than to talk bad

>>>>>
i3lurker

sslee
you are so smart !!

For me the easiest way to look at insas is to look at the entry for A9 in the quarterly report and just look at the growth of revenue, earnings, assets and liabilities. You will quickly find that they have not been growing revenues and assets of the subsidiaries well at all over the long period, which has contributed to why a 2 billion "net worth" company being valued at "500" million. Since you know the owners will never want to capitalize on the arbitrage, why should you?

And if you look at the business itself, do you really want to own it?

You are still looking at price. Imagine if you took out share price out of the equation, you will find that the only reliable guide for investing as a MINORITY shareholder is gains from the growth of earnings, revenue and dividends.

Take for example my ownership of pchem. By simply holding on, buying when the price is low, and selling to remove my margin costs, my basis cost has already dropped to around rm4.1. at this price, without doing anything at all, the dividend I am collecting at 48 cents is enough to double my balance capital in 7 years. All without doing anything but sitting and waiting

Take for example astra agro lestari. If you were to look at this company and not be able to have the ability to look at the share price but just buy offhand from the owner a piece of the business, how would you value it? Definitely you would not be looking at just the plantation land, but you would concentrate on how much the boss is making and how much he will be distributing to you the shareholder. You would be asking for a seat as a director for a monthly salary, and a yearly dividends based on earnings. And you would be closely looking to see how much the business is growing year by year, how much land they are acquiring for planting, how much they are paying for replanting, and how they are performing compared to peers like sinar mas agro and provident. That is how you decide which business to buy.

Now do the same to insas and bplant. How would you justify buying back more insas and bplant? Is their business growing year after year? Is their earnings and dividends growing year after year? If not, is their landbank and business assets growing yearly to increase their long term returns?

Forget about share price for a long moment and just concentrate on the business fundamentals. Unless it is a total fraud company like serba which forged their results, you will be able to use your own managerial and business sense to decide on the investment.

Or better yet, tell me what stocks to buy instead that you think is better than pchem right now

Better mind your own business, and take care of your own money first before telling others what to do with theirs.
>>>>>>
Investmalaysiaa

Better sell your pchem. Otherwise your paper gain become less and less

Not good. Elections coming soon. Stocks will have a field day tomorrow

When ARBB erp profit margins are higher and faster "growth" than SAP the worlds biggest and most efficient ERP player you really need to ask the question... HOW?

why doesn't the clients use solutions which is cheaper and better directly from:

SAP
MICROSOFT
EPICOR
IFS
ORACLE

why are those thailand companies not using solutions from the big reliable companies which are cheaper than ARBB offerings? Are they that silly, corrupted or ARBB solutions that powerful instead?
>>>>>>
EastWestTalker

When everyone look bad, Mr Market will always feedback the different answer. Arbb is full potential and full flash erp player. Worth for the time

ok, remember this. if you were in real life and talking to someone face to face, would you act the same way? it is funny how people can be so rude and insulting when hiding behind the computer and be so respectful and nice when face 2 face.

Not my problem. The other admin kicked you out for criticizing and bullying other readers. The best advise for a public space is always to be respectful and not confrontational. The goal is to learn new things, not to troll.

Whatever you would not want done against you in public, you should not do to others.

Hope you learn something new.

As for mynews, I own both QL and mynews. One is for trading thanks to another member in my telegram group sharing, the other is my long term holdings which are still growing it's revenue every quarter. As usual trading is only small amounts, while the investing portion is much bigger
>>>>>>
enigmatic [hodl your shares]

Can we know the reasoning behind your sale of RHONEMA? And why MYNEWS, which has similar business model to QL's FamilyMart? A bit curious here.

3 days ago

I posted on the transactions tab of why I sold rhonema. In my opinion as their main business model was reselling animal health products from foreign companies like CEVA for the swine and bovine cure and selling it in Malaysia, as well as importing Australian cows and products to grow with kulim their costs would limit competitiveness with incumbents for a very long time.

As I realized that their business model didn't pivot fast enough they are still among those companies that buy foreign and sell local, which is the total opposite of the business that I am looking tob invest into in this juncture with the high inflation and exchange rate. USA is telling you they want to be uncompetitive, so we should be looking to buy those companies that export to USA instead as they will be very well rewarded in the long run

So far I like the stock as a trade idea. We will see.

If one sees any more interesting trade ideas following the same principles that I have outlined, please forward it to me for more reading and understanding. Thanks

You still have replied my messages to invest my money with your sure win trading strategy, why? Is it talk and post a lot, but when push comes to shove you don't have the results to show for it?
>>>>>>
NB: if U ever try to do research in FA, do make sure it is purely accurate 1st, n oso complete = then only u can win BIG in stocks.,.

Joined jack in his belief that CU as a business can turnaround. I like the idea, worried about the debt, but they have many things that can be easily improved to gain profitability. More stores, less wastage, more efficiency. Bought some at 0.41-0.43 @400k shares

But Lee he has a point. Why is hengyuan nta dropping? Is it fake numbers?

No problems.

But I'm still curious, as you seem to have very high conviction in this stock.

How much are you deploying for this company, 20% of portfolio? 50%, 100%? Or 150% with margin