I concur. And I think this is excellent 2nd level thinking.

>>>>>>>>>>>


I think SAM would continue to grow, albeit at a much slower pace, as I trust this Singaporean management team.

So I shall adjust your portfolio sell everything and concentrate on netx only right? Please advise when you are selling and buying more thank you.

Dutch Lady Milk Industries Bhd
KLSE: DLADY
43.36 MYR +0.86 (2.02%)
18 Feb, 5:00 pm MYT

NetX Holdings Bhd
KLSE: NETX
0.015 MYR −0.0050 (25.00%)
18 Feb, 5:00 pm MYT

The choice to invest is yours and yours alone.

I will stop posting at this thread. Good luck all.


>>>>>>>>>

Posted by calvintaneng > Feb 18, 2020 5:08 PM | Report Abuse

Yes ah

I will sell all others and wait at 1.5 sen then

I thought you were a transparent referee? How come can simply add words that were not in my posting? If you are really a referee, if you cannot find any post that say I bought at 10 and promote more at 10 ( highest Pchem price was 9.60), I expect you to apologize. I have indeed bought more shares ( rm6 million at 6.2-6.3) and it is listed in my portfolio.

Do you have any proof I bought and promoted at 10?


>>>>>>>>>>

Posted by dragonslayer > Feb 18, 2020 5:29 PM | Report Abuse

philips also tukang tilik at PChem mah.....tilik from Rm10...sampai..RM6 also...what a kaki lima tukang tilik....all also tukang tilik...only...different standard only...dun laugh lah;;;;

I never buy local companies that has their main exposure in other countries, as I cannot monitor or scuttlebutt as well.

For example,

Latitude tree
Xinquan
China stationary
Maxwell international
Kstar sports

There is just too many variables. At least here I can monitor, visit gkent office. See their projects. Understand the progress.

For kpower, there is too many unknowable items, to play 2 year.

I prefer gkent with its guaranteed orderbook.

>>>>>>>>>>

want to play 2 years money? then scib abd Kpower
18/02/2020 5:18 PM

I believe there will be a price pop in 2022 when mrt2 handover and full collection. There is also a big pop in 2023 when Honeywell manufacturing full transfer to GKENT. And 2024 lrt3 full handover will have a bug dividend.

In the short term, your guess is as good as mine.

But in the long term, a well managed company with cash and history of profitability will not let you down.

>>>>>>>>>>

RainT when price can touch RM2?
18/02/2020 2:25 PM

I couldn't have said better myself.

>>>>>>>>>>>
While we understand 50x PE may appear to be a rich valuation, given the size of QL, growth prospects highlighted above and lack of alternative investment options of this magnitude in the consumer sector, we feel this is justified.

Its funny how analysts are either very optimistic or very negative based on past info, but make funny assumptions into the future. Well, the thing is, these are all very achievable and simple goals to reach, low hanging fruit which have a low chance of failure, as the initial push and risk outlay has been done years ago. Now it is just a case of expanding on all cylinders and moving forward.

I believe QL will get 2 billion in revenue every quarter from organic expansion, with a 5% net earnings or 100 million a quarter in earnings in a few years.

When that happens, the next thing on the list is to start or buy over a growing franchise (i hope it is in& out burger), and expand in south east asia to become the next big thing here and dethrone cp.food.

>>>>>>>>>>>>

QL Resources - Consumer juggernaut deserves a premium PE
Author: HLInvest | Publish date: Tue, 4 Feb 2020, 5:29 PM

We met with QL management and came away feeling positive on the group’s prospects going forward. Forecasts remain unchanged. We raise our TP from RM6.56 to RM8.20 based on a higher PE multiple of 50x (+1SD above its 5 year average PE) from 40x previously. While we understand 50x PE may appear to be a rich valuation, given the size of QL, growth prospects and lack of alternative investment options of this magnitude in the consumer sector, we feel this is justified.

We met with QL management and came away feeling positive on the group’s prospects going forward.

Integrated Livestock Farming (ILF). QL intends to increase egg production capacities in Indonesia (to 1.4m from 0.85m) and Vietnam (to 1.8m from 0.85m) over the next four years. We expect egg consumptions in Indonesia and Vietnam continue to increase as both countries become increasingly wealthy (egg consumption in Indonesia increased from 60 eggs per person p.a. in 2011 to 90 currently). Note that in Malaysia, egg consumption tops 300 per person p.a. currently. We are positive on these growth ventures as we are confident there is still room for growth in consumption for Indonesia and Vietnam. As QL is already a large poultry player, we see little execution risk in these ventures. Note that currently, QL already produce approximately 5.7m eggs per day (4m of these in Malaysia).

Marine Processing Manufacturing (MPM). QL’s fish ball and surimi processing remain dependent on weather conditions, which effect volume of fish catches. In order to mitigate this risk, QL have ventured into aquaculture production (which involves farming of fish, prawns etc. under controlled conditions). QL intends to increase production capacity from 2,000MT currently to 6,000MT p.a. in the next four years. We understand aquaculture products are sold to Australia, China and Japan markets.

Palm Oil Activities (POA). Surging CPO price bodes well for QL’s plantation division. CPO price surged 45% since mid-2019 to ~RM2,850/mt currently. HLIB expects CPO to average RM2,550/mt in FY20 (+13.5% YoY). QL’s plantation division is well positioned to take advantage of the high price, as 85% of their planted trees are in their prime fruiting age.

Family Mart venture. QL currently has ~170 operational outlets, with plans to open a further 80 stores in FY20. We expect new outlets in Klang Valley and sub-urban areas in addition to further locations in Johor Bahru, Melaka and Negeri Sembilan. They intend to have 300 operational outlets by FY22. We are very positive on the group’s venture into the convenience store business as the profitability of stores has far exceeded our expectations due to (i) higher average ticket amount; (ii) higher average customer count; and (iii) skewed sales mix toward fresh food. QL shared that the capex requirement for each store averages RM400k. We are very positive on the group’s Family Mart venture as our internal calculations indicate Family Mart has already turned profitable in under 3 years, which was previously expected to take 7 years.

Forecast. Unchanged.

Upgrade to HOLD. We like QL for its diversified revenue streams, seasoned management team and decent growth prospects. We raise our TP from RM6.56 to

RM8.20 based on a higher PE multiple of 50x (+1SD above its 5 year average PE) from 40x previously. While we understand 50x PE may appear to be a rich valuation, given the size of QL, growth prospects highlighted above and lack of alternative investment options of this magnitude in the consumer sector, we feel this is justified.

Source: Hong Leong Investment Bank Research - 4 Feb 2020

3iii is making up for it by warning investors on NETX red flags.

Gkent has AWARD letter and just submitted 40% progress claim for lrt3 for 11 billion, not to mention mrt2 claim for 1 billion to order track cars, as well as final claim for hospitalsa to hand over this year. Got revenue, got earnings, got 200 million cash. As well as 25 million of share buybacks this past year.

Which is more than I can say for Calvin NETX. No award letter. 33k revenue. Never made money. Esos given for losing money at market price. Private placement. Billions of shares outstanding. The only reason why NETX can't go lower is because it is already a super penny stock fuelled by speculation. Once the speculation dies down, NETX will kaput.

No IMDB boss no worries, LGE award new contract to gkent for LRT3. Last time 8 billion project. Then increase capacity to 32 billion. Now revamped back to original design but give extra 2 billion. Share a bit with LGE party everyone happy happy.

Any news for NETX award letter yet?

>>>>>>>>>

calvintaneng Gkent

Gk?

Going kaput as IMDb boss not around anymore
17/02/2020 4:33 PM

Dutch Lady Milk Industries Bhd
KLSE: DLADY
43.00 MYR +0.100 (0.24%)


NETX : 0.02
Bid volume 0.015 (1527849)
Ask volume 0.02 (116887)

Very good!

I3lurker uses computers to think for him. That is why his results are always subpar. If I have d listen to Monte Carlo simulation, I would not have held QL from 2009 until today 2020 and still going up from 6.7 to 8.6.

Interestingly enough, ulam and von Neumann ( from the Manhattan project that created the atom bomb) created this simulation while playing solitaire, which is by itself a fixed game with low variables.

In essence, Monte Carlo simulation only works if you assume efficient markets. Which I believe do not exist.

Anyway, I don't use it for project study anyway either. I am a firm believer if the if something can go wrong, it can and will go wrong sooner or later.

If you have ever commissioned a palm oil refinery before you know exactly what I mean. The problems that usually come out, come from left field. Something totally out of expectation.

Thank you

In any case,

What is this?

*Intrinsic Valuation Desk*
Intrinsic Value @ 10% disc rate = RM 1.68, IV @ 3.6% = RM 13.00, IV @ 7.5% = RM 3.00, IV @ 12% = RM 1.17,

This is backward looking data. Incomplete picture.

Investment is laying down money today, to get a piece of the future earnings.

Now if smartrobie was REALLY SMART,

He will give the intrinsic value of QL 10 years from now, and give me the calculation of future valuation and how much I should be willing to pay for QL today.

All of the data smartrobie has given is quantitative and based on ratios of safety. Change one perimeter and the entire valuation changes.

What if the price of frozen seafood goes up? Valuation of earnings changes.
What if Malaysia and Indonesia starts using biodiesel as a government policy? Valuation of earnings changes.
What if chicken disease and lhi goes bankrupt and egg shortages occur? Valuation changes.
What if family mart expansion to East Malaysia, franchise to family Philippines bought from itochu?
What if QL expands into f&b franchise and buys over in & out burger chain? Valuation changes.

So you see, you and smartrobie can only see what is in front of you, nothing more nothing less. You could not have anticipated Palm oil prices increasing to 3000+. In fact, neither could I. I also cannot see the future, except for milestones that have been preset ( fixed sales of surumi bulk orders for Olympics Japan 2020), ( family mart store count of 300 by 2022).

Not knowing the future, we look to the past and present and future goals, compared to the management capability to perform.

QL is overvalued because it has performed. As long as it continues to perform, it will continue to be overvalued. More importantly, it has the financial and management capability to continue to perform, because it stays within its circle of competence.

As should you.

Thank you

Sslee you have been saying QL overvalued from 2019 till 2020. Share is overpriced? Using what metrics? What are you comparing it to? Meanwhile instead of yoyo up and down like insas, all I have done is constantly add more and more and more each year.

Just a simple question though, who is QL competitor that has 160 family mart units, 30,000 acres of Palm oil, multiple refineries, biggest surumi and seafood frozen export division, and egg seller.

Until today I have yet to find one company with the same level of expertise.

Every year you say overvalued, every year the revenue, earnings and share price go up and price you wrong.

Thank you

CALVIN WITH 100 STOCKS, WHY YOU AVOID STATING YOUR LOSERS AND ONLY PICK YOUR CHUN CHUN CALL WINNERS? WHY DO YOU NOT AVERAGE OUT YOUR RETURNS AND ONLY SAY THOSE WHICH MADE MONEY? WHY? WHY?

IT DOESN'T MAKE ANY SENSE. IF I PICK 100 STOCKS TOMORROW, AFTER A FEW MONTHS WHEN 1 OF THEM WORK OUT I SHOUT THE WHOLE WORLD I HAVE A CHUN CHUN CALLS?

WHEN YOU LOOK AT THE TOTAL STOCK PICKS, OF 100 STOCKS, HOW MANY WORK OUT AND HOW MANY KAPUT?

TELL ME CALVIN, HOW HONEST ARE YOU?

THIS KIND OF LOGIC YOU ALSO FAIL TO UNDERSTAND?

IS THAT WHY YOU KEEP WRITING AND PROMOTING ARTICLES ON NETX WITHOUT WAITING FOR EARNINGS AND REVENUES TO GIVE YOU THE RESULTS YOU WANT? WHY KEEP WRITING ARTICLES, UNLESS YOU HAVE ALREADY LOADED UP PRIOR TO PROMOTING THE SHARES?

YOU HAVE TO UNDERSTAND THESE BASIC INFORMATION.

QL TODAY IS RM8.65. 14 BILLION DOLLAR COMPANY.

RELEVANT ENOUGH FOR YOU?

NFCP on confirmed basis? Will the lies never cease? Where is the proof in that? calvin your continued lies to innocent investors will lead you to hell.

>>>>

One party say Netx not doing Nfcp and one party saying now doing on confirmed basis

Dutch Lady Milk Industries Bhd
KLSE: DLADY
42.28 MYR +0.78 (1.88%)
17 Feb, 12:28 pm MYT · Disclaimer

dragonslayer... you are another one with a lot of talk but no history of returns. you hang around alot at sapura, playing with spinningtop. you are someone who like to referree and play play stock competition, but i never see you participating at all.

since you are referree, what is your purpose in commenting so much? a referree should just keep quiet by the side and track figure.

here i help you do your work:

https://klse.i3investor.com/servlets/pfs/133552.jsp

anything else? do you like being a troll?

in any case, if calvin tan can keep promoting article after article, I think it is good that I respond to some of the more frivoulous ones.

Do you see me commenting on his dayang article? or his lafarge articles? When I agree on something, I keep quiet.

It is when he keeps throwing out article after article on the obviously bullshit stuff that I respond with a clear and direct view. I commmmented on his Maybulk, his TALAMT, his SCOMIES, his ASIAPAC. his NETX. When it is clear and obvious who the real winners will be.

Unlike you who only love to troll around. Do you have ANY views at all that can benefit the forum? instead of commmenting longdeshit and stock competition and shark operators etc. any clear and concise views on NETX?

In fact, do you have any stocks at all?

see here we catch another one of calvintaneng numerous lies...

simple google search. 3 years ago 17/2/2017, dlady share price was 54.32.

how did calvin arrive at RM76? Is it the same way he arrived at netx going to get NFCP? perhaps calvin can really see the future...

in 3 years DLADY will be 76, and NETX..... 3 billion more in share dilution?

https://www.google.com/search?q=dlady+share+price&oq=dlady+share+price&aqs=chrome..69i57j0.1902j1j7&sourceid=chrome&ie=UTF-8

>>>>>>>>

Posted by calvintaneng > Feb 17, 2020 12:56 PM | Report Abuse

Philip always talked nonsense

3 years ago dlady was Rm76.00 and Netx was 3 sen

Now see 3 years later how much netx shall rise

Posted by Philip (Can I advise you?) > Feb 17, 2020 12:53 PM | Report Abuse X

after commment bullshit like this, hengyuan goes up to 10+% to rm4.25.

stoneraider more likely than stockraider.

Random actions = random results

you really think you are stock god?

>>>>>>>>

stockraider Can i advice U ??

I agree with sslee after much due diligence ,that HRC is not forthright in its dealing, operations and disclosures, thats why capex way exceeded budget and profitably fell short of target loh..!!

Current price Rm 3.88 looks cheap, but better join brother Jon Choivo buy Petron mah...!!

Yes u pay more premium for Petron, but u r paying for a better manage company, stronger balance sheet, better dividend & profit and u r buying into a more balance company with Petrol station & refinery mah...!!

I think Petron may can even give a very good run for the money against PETDAG and SHELL, as Petron being no 3 boys has gained mkt share with the latest record of 21% mkt share mah !

U r safer with Petron Petrol station and Refinery compare to pure Hengyuan Refinery loh...!!

For those hoping Hengyuan can get back to Rm 19.00, i think u should put your dream in Petron better mah...!!

Posted by pang72 > Feb 14, 2020 5:24 PM | Report Abuse

Why Eveeyone grab on rm19 but nobody grab in rm3 88?
15/02/2020 3:54 PM

after commment bullshit like this, hengyuan goes up to 10+% to rm4.25.

stoneraider more likely than stockraider.

Random actions = random results

you really think you are stock god?

>>>>>>>>

Posted by stockraider > Feb 15, 2020 4:12 PM | Report Abuse

U r safer with Petron Petrol station and Refinery compare to pure Hengyuan Refinery loh...!!

For those hoping Hengyuan can get back to Rm 19.00 like the unfortunate GooShem, i think u should put your dream in Petron better mah...!!


Posted by GooShem > Feb 15, 2020 4:09 PM | Report Abuse

shut up lar stupid raider . you really think you are stock god?

I wonder if anyone other than 3iii bought dlady 3 years ago?

Anyone bought netx 3 years ago?

oh well then. if you had bought DLADY at RM30 back in the day, you would have received RM18 in dividends.

how much has netx given back to its shareholders? those that have bought netx faithfully through the years will know the answer.

>>>>>>>>>
Conclusion
I personally would not invest in this stock. One reason is that the share price is too pricey for me (the minimum purchase will cost more than RM 6000). Another reason is that it does not hit most of my criteria. Nonetheless, if you have purchased DLADY two to three years ago when it was selling at RM 40+, you would already have a very handsome profit today.

fake 3iii ran out of things to say... he was about to comment on QL, then realized QL owns family mart and price went up to 8.63. Looks like I'm going to win the CharlesT Stockraider Bak Kut Teh bet for INSAS versus QL 2 year bet soon.

Fake 3iii now realizes 3000 per tonne palm oil, all the surumi booked ahead of japan olympics 2020, and family mart exponential growth and nothing to say.

Wonderful companies do Wonderful things.

For Pchem I have a very specific plan. At 6.30 I continued to average down and bought 20% of netx market cap on margin. 7 million ringgit already bought, because I know when PIC full run and oil recover by 2021 onwards you will never buy PCHEM at discount prices anymore, and you will enjoy 50 cents dividend every year.

As usual you spout dayang ( which you sold so early, don't take credit for 2.7), penergy, carimim and uzma.

How about your articles on pantech, azrb, scomies, t7global? Your results are so random, a monkey could have the same results.

If I bought 100 stocks and just promoted the ones that went up and ignored the ones that failed I also can have CHUN CHUN CALLS.

But my chun chun calls so far is more accurate and profitable than yours.

https://klse.i3investor.com/servlets/pfs/123029.jsp for 2019

Right here.

>>>>>>>>>

While dayang, penergy, carimin, Uzma made gains petchem made losses

If you buy 40 stocks one of them is sure to make a gain at one point or another. Doesn't mean your overall results will be good.

How about seroja apartments? Until now still unsold.

>>>>>>>

Posted by calvintaneng > Feb 17, 2020 10:36 AM | Report Abuse

Not just penny stocks

Calvin called for a buy on lafarge cement at Rm2.25

So NETX cannot tell Philip but they can tell Calvin? So much bullshit.

No need to tell I can see from bid submission netx not in the picture.

Post removed.Why?

Post removed.Why?

SEE EVEN MORE CAREFULLY AND DON'T BE STUPID. BEFORE ADDITIONAL PRIVATE PLACEMENTS AND VALUE INCREASES, AT 1 CENT 25 SEPTEMBER 2019, VALUATION OF NETX WAS 35 MILLION. FOR A MEASLY 7 MILLION YOU CAN BUY 20% of NETX MARKET CAP.

WHAT HAPPENS WHEN SOME IDIOT BUYS 20% OF MARKET CAP, IT WILL DEFINITELY POP IN VALUE.

WHAT HAPPENS WHEN THE SAME IDIOT TRIES TO SELL 20% OF MARKET CAP? IT WILL CRASH LIKE A ROCK.

FOR FURTHER GAINS, IT WILL HAVE TO RELY ON THE COMPANY REVENUE AND EARNINGS. DID YOU SEE ANY REASON WHY A COMPANY LOSING MONEY AND REDUCING REVENUES COULD HAVE 100% JUMP OTHER THAN FOR SPECULATIVE REASONS? OF COURSE NOT.

THIS IS THE WOLF OF WALL STREET STRATEGY.

WHY DOES CALVIN AVOID LARGER CAPITALIZATION COMPANIES? HE OBVIOUSLY DID THIS BECAUSE SPECULATORS WANT VOLATILE, UNSTABLE COMPANIES WHERE HE CAN USE A SMALL AMOUNT OF MONEY TO INFLUENCE SPECULATION. HE TALKS A GOOD TALK, BUT IN THE END ALL HE SEES IS SHARE PRICE, NOT THE UNDERLYING COMPANY PROSPECTS. HE SAYS THINGS ABOUT NETX WHICH THE MANAGEMENT THEMSELVES DO NOT SAY. HE SAYS NETX WILL WIN NFCP TENDER, WHEN NETX DID NOT EVEN BID FOR ANY NFCP TENDER.

SPECULATORS BEWARE.


>>>>>>>>>>>

Posted by calvintaneng > Feb 16, 2020 12:29 PM | Report Abuse

Other counters going up?

On Sept 25th 2019

CALVIN BUY CALL FOR NETX IS 1 SEN

NOW IN LESS THAN 5 MONTHS NETX ALREADY UP 100% TO 2 SEN

SEE HOW MANY OTHER COUNTERS GOT GO UP BY 100% IN LESS THAN 5 MONTHS?

SEE VERY VERY CAREFULLY

Today I bought ql, I hold topglove, and I bought a ton of yinson. I bought more gkent at 83 cents and 6 million of Pchem at 6.30.

If you have a good stock that is was good when you first bought it, now that the price is low isn't it a far better option to buy more? If you are truly an investor you would understand that.

Or are you the shallow investor that thought the share price go down quickly sell and cut loss?

Wait, I forgot you were the dinosaur that has 40 stocks in 2019. Or are they only recommendations but you yourself never buy them?

Think on the logic a bit. You said netx is going to be work 6 to 12 cents. If that is so then 2 cents is a wonderful deal. If that is so, then why are you promoting luxechem instead of going all in on netx this year? Could it be you are not 100% sure on netx prospects? If it was going to be worth 12 cents in a couple of months, why don't sell everything and put it all into NETX?

What is relevant now for me

is holding topglove ( waiting for aspion acquisition to turn around)

Adding more into QL when quarterly results show progress ( and Olympics 2020 and family mart expansion takes off)

Adding more yinson ( wait for award letter from brazil Petrobras)

Adding more gkent ( 11 billion GUARANTEED award for lrt3, 1 billion guaranteed order from mrt2 2022 and 2024. Unlike netx zero awards)

Adding more PCHEM ( waiting for 105 billion pangerang project to go full production in 2021)

Adding more stoneco ( banking license approved)

Tell me, do I cut loss for all your 40 promised stocks and put all into NETX?

https://klse.i3investor.com/servlets/pfs/123029.jsp

This was your 2019 results. So many red, even the profit from green cannot cover.

SO CALVIN, DO WE CUT LOSS ON SASBADI, TALAMT, ASIAPAC, ETC AND PUT ALL INTO NETX? IF THE ANSWER IS YES I WILL CHANGE THE PORTFOLIO AND MAKE IT SIMPLE, PUT ALL YOUR STOCKS INTO ONE INVESTMENT NETX. OK? ALL OF IT BUY AT 2 CENTS? OK?

I am also not from a financial background. But if an old engineer can learn new things, so can you. If you don't know how to value banks or can't be bothered to read financial reports, it might be wise to avoid investing in banking industry. What do you do for a living? Investing in things that you know well might be the way instead.

>>>>>>

Posted by keonkx123 > Feb 17, 2020 12:41 AM | Report Abuse
Financial
Hi Philips, can you analyse and compare between Alliance bank and Ambank? In a layman term please, as i am not from financial background

You can see my current pick here. I have stated and still hold ( don't worry when I sell I will place a comment with timestamp when I buy and when I sell). Each time I top up purchase on margin I will post in my trackable portfolio. As you can see from my 2019 results to date it is far better in totality and in concentration, than all your promoted stocks in 2019 in totality.

Basically, if I put 100k into all the stocks you printed l promoted I will get nothing. But if I put 100k into the 6 stocks ( including NYSE: stoneco in 2019 January 4th), I will have made a very good profit indeed.

https://klse.i3investor.com/servlets/pfs/120720.jsp

Empty vessels indeed.

I also kept a record of all your promoted stocks in 2020 and when you promoted them.

Just for posterity, you see. So I know what kind of investor you really are.
>>>>>>>

https://klse.i3investor.com/servlets/pfs/120720.jsp

This is my 2019 portfolio, not including my 200k STONECO shares that were bought on 4th January 2019 at average price 18.50. results? Tracked? Previous years untracked excluded? Fyi I bought ql in 2009 and unsold. You criticized 10 billion dollar ql at 6.7 as quickly locked up. Now it is 8.50, highest revenue ever, highest earnings ever, and Palm oil 3000 power tonne. Quickly lock up? Topglove. Yinson. Gkent( waiting lrt3 11 billion GUARANTEED order unlike your NFCP 50 billion no award letter to netx), PCHEM ( already completed and starting production of biggest integrated complex in SEA with 3.3 million per annum production). Guaranteed production. Even my pump and dump article of PPHB is doing much better than your pump and dump article of TALAMT, sasbadi, maybulk. Scomies. Asiapac.

How about Calvin tan results?

https://klse.i3investor.com/servlets/pfs/123029.jsp

This is your 2019 tracked portfolio with promotion date.

Let us compare period to period, as you only put a specific buy period ( after pump and dump), with no claims on selling period ( usual for pump and dumpers). Put in 10 thousand into each stock in your list(400k), versus 400k split into the 6 stocks that I hold ( including NYSE:STONECO), and the results should be clearly obvious.

You are cherry picking results from a few lucky stocks versus the rest of the unperforming stocks to decide your CHUN CHUN calls.

Where is the chun chin call in TALAMT, asiapac, pantech? There are 40 stocks in your promotion list. How many hold the test of time?

I only have 6 stocks. And you can see I am adding into my position quarter after quarter.

How much netx are you buying?
16/02/2020 8:44 AM

3. This is the kicker, and the part I worry about the most ( and why I sold public Bank for PCHEM). What is the future long term prospects for Banks? The biggest risk here is obviously the business loans and debt due to hosting developers, SMES and small businesses which are the biggest bombs that will affect impairment levels. As more and more property is being built and less and less individuals can afford to buy it, the prudent bank that has low exposure to risky business & corporate banking will have more stability in the years to come.

Therefore we qualify banks that have a bigger consumer banking to business banking ratio. If individuals go bankrupt, you can still repossess the car and house. If a sme goes bankrupt, the impairment will be hard and painful. Hlb A29, page A31 of abmb notes later quarterly report. Which has the bigger exposure and higher chance of impairments and bombs?

Really? An investment banking team that caused massive losses and caused a bankruptcy you consider wonderful? Are you arguing for the sake of arguing? If those are wonderful investment Banking team, what do you consider bad ones?

Anyway.... Here is a simple qualitative analysis ( or how I decided to buy public Bank bank in the day). Why don't I give you the valuation criteria and you provide the details, so you can see how I look at good and bad management.

1. Quality of loans. The best safest loans are usually for small items which everyone can pay for ( hire purchase is the best, especially rich people buying BMW). Small amounts, when you squeeze individuals usually will pay on aggregate. Easier collection, and impairments are small. Riskiest loans are for business startups and smes to run their businesses. They charge higher fees, but come with higher risk of impairments. So now compare between hlb and alliance. Go to notes,
A15B for alliance, A12a for hlb. Which is better? Which has the safer loan risk portfolio?

1A. In a way judging the quality of loans, we look at impairments of loans. Banks efficiency and how stringent their control mechanisms are will define overall returns long term. I'll help you out here. One bank has a gross impairment/% of gross loans of 0.8%. the other has double the impaired rate of 1.7%. guess which is which?


2. Quality of deposits. You cannot always rely on bank negara loans to find your banking loans. The best deposits are those with fixed deposit and savings accounts. Banks need to maintain a good ratio deposits/ loans to avoid a bank run. For me I look at savings deposit+fixed deposit/ total deposit % to understand how much individuals are saving and storing their cash into the bank. Who has 66% of the best form of high quality deposits ( low low interest) that can be loaned out to cover high interest loans?

This is where you start analysing the management criteria of a good/bad bank and start smelling out cockroaches.

>>>>>>>>>

Posted by Choivo Capital > Feb 16, 2020 11:58 AM | Report Abuse

Lehman Brothers, Bear Sterns had wonderful investment banking teams.

I remember the first time I read an article from Calvin tan where he promote white horse tiles. I was thinking what a load of poorly thought analysis. Today? Everything that Calvin posted here has turned the other way around. Whitehorse losses are mounting due to China dump tiles to Malaysia and carried by local stockists. Guess what happened to those that bought yilai and whitehorse.

Same thing that will happen to NETX investors.


>>>>>>>


calvintaneng Can foreign tiles be sold in Malaysia?

Can China dump tiles like they dump steel?

Yes for steel BUT NOT FOR TILES.

Let Calvin explain while.

Steel, be they long steel or flat steel, is used in construction work. They form beams, foundations, pillars all covered in cement, sand and concrete. So they are lumped as one and not visible to the eyes.

Not for Tiles.

Tiles are laid on the surface of floors and walls. They come in different sizes 6" by 6", 8" by 10", 12' by 12" "12" by 24", "24" by "24" or "32" by "32" specifications.

They also come in many finishings - Rough, Smooth, Glazed or others.

And they come in many, many colours. And also mixed colours.

And also in many designs & patterns.

So there may be a thousand different types of tiles.

What is used in the kitchen may not be suitable in the dining hall or the water closets. On Car porch or drive ways we use another type of tiles that is heavy duty.

Sometimes tiles are in fashion - they sell like hot cakes. For some - they are slow moving stocks - so they are only manufactured by demand.

No demand - the line is discontinued.

Ha! Imagine installing foreign made tiles in the kitchen!

If due to damage (tiles can pop up if you don't use enough cement gum).

And if not available in the local market you either change ALL THE WHOLE KITCHEN FLOORING (very costly). Or take an airplane to China? (Also very costly & time consuming). And there is no guarantee that you will get the same replacement tiles.

So?

So just buy local Whitehorse tiles.

If you are short of any just go to a White Horse Tile Distributor or Retailer. If they don't have stock they will place an order for you.

Delivery might take 3 days to one week.

If you need it urgently?

Then they will give you a letter.

You can go straight to WhiteHorse Factory in Jalan Gangsa, Pasir Gudang and collect it yourself.

So next time be wise!

Just use Malaysian Made Tiles by Whitehorse or Yilai

Do YOU get it?
26/11/2015 9:40 PM

You also chickened out. I invited you to post an article and post up results for everyone to see your results ( like you always poat your pump and dump articles). But you want people to fly over to kl to visit your fake remisier?

Just like your fake articles. Easy to spot.

>>>>>>

Posted by calvintaneng > Feb 16, 2020 11:06 AM | Report Abuse

Philip really a two headed snake

For himself he included dividend

He purposely forgot to mention that kps dividend was 46.5 sen, dutaland 10 sen, TA 8.2 sen, pantech 3.5 sen and many others

He also never mention that Calvin made a strong buy call for TDM at 17 sen at bottom

So TDM in the overall Price 46 sen buy
Then 17 sen bought 5x more which has made lots and lots more when Calvin sold at 40 sen and switched to Netx

Overall Calvin challenged Philip to go Kl and see Calvin remisier to print out that Calvin made Rm1 millions

Philip chickened out

That is a very low class coward who can hide in Tawau and later run away to philippine at the sign of slightest trouble

I wrote all your articles based on your promotion time. And I did put your kps dividend in the record. So what? It dropped by 90 cents.

This is like AirAsia giving out 90 cent dividend but stock crash from rm3 to rm1.

Your point is useless and weak.

That is why investor and gambler is different. Gambler say 10 bagger on insas wb. Investor say QL and insas 2 year competition to compare final results and profits.

But sohai is always sohai. If use short term results sure can say anything, tdm also climbed from 20 cent to 50 cent.

But long term results are all that matters.

That's why you drive a myvi and can only send your kids to inti.

Stop gambling insas wb,

Any company that has poor investment banking team has a management issue. Being the smallest of the major lenders where the best companies
always go with Maybank, public, Hong Leong and CIMB, you get the more unstable companies to lend to. Higher profits no doubt, but much higher risk. If there is one coachroach, u can be sure there is more.

>>>>>>>>>

London Biscuits had in June 2016 announced the establishment of its unrated medium term notes (MTN) programme of RM100 million.

The appointed principal adviser for this programme is none other than
Alliancee Investment Bank Bhd, the investment banking arm of locally listed Alliance Bank.

To recap, the proceeds raised from London Biscuits’ MTN programme were to be utilised for refinancing existing bank borrowings and to finance capital expenditure and working capital requirements, including the costs of maintaining existing plant and machinery and other general corporate purposes.

The MTN has a maturity period of three to seven years from the first issue date of July 26, 2016.

London Biscuits, after servicing interest payments in the first two years, should have started making principal repayment from the third year onwards, which is this year.

But given the current parlous state of the confectionary maker, it is not likely to meet its obligation under the MTN programme.

And that, naturally, has turned the spotlight on Alliance Bank, whose net credit cost increased quarter on quarter by 3.6 basis points (bps) to 13.1 bps in 1QFY2020.

Posted by Mikecyc > Feb 16, 2020 8:55 AM | Report Abuse

Posted by jjohnchew > Feb 7, 2020 10:40 AM | Report Abuse

Ho ho let’s summarise Netx facts:..

1) Ariantec (Netx ) is Exinda WAN networks sole distributor since 2011 but ended on 2015 .. now is only doing on confirmed project basis...

2) Ariantec ( Netx ) only secured 2 broadband project from 2011 to today 2020:..
a) TM project order on 2011..
b) Indonesia project order on 2013 .. changed company name .. reannounced on 2017.. in between kena 2 time Qualified Opinion from external auditors..2 CFO r resigned n external auditor is resigned... new external auditor is resigned on 2019 which FY19 is extended to Nov2019 .. like 2013 no annual report..

3) TM awarded 2018 broadband installation n restoration contract order to Opcom valid until Dec2019.. not netx..

4) new website Mission Statement is changed .. not as per calv. said..

5) new website own project which reflects company image n reputation.. facts is delayed by more than a month..Poor Quality : About Us n Products/ Services r same contents.. announcement only loaded year 2019 but until Nov2019..even Q6 report on 31/1/2020 is not loaded but temperory website is loaded Q6 report on same day 31/1/2020... why no resources to do ‘‘tis small project?...

6) RM 72.7 million is amount owed by subsidiary companies since 2012 to 2018.. not a single sen being pay back ...

7) always have cash Rm 34 million but why so desperately fund raising with ESOS .. too frequently n in too short of time .. why esos 50 mil then another 50 mil .. just for 2 mil cash ?.. why no money to reward good employees?..

8) 1 billion PP ex 850 million shares under 4 batches with ex price.. 0.0116..0.0136..0.0180..0.0189..who will laugh to the bank..

9) Credit Suisse ..hold over 165 million shares.. fr 1 batch of 1 billion PP ex price 0.0116.. why no subscribe all 4 batches ..want to buy fr open market with higher price.. to be a sorchai??

10) ED SiS 688 million shares ex ard 0.03 in 2018..not a substantial holder .. why?...

11) Macquarie 500 million shares 0.039 in Jan2018..

12) every year is Loss .. FY18 loss rm 18.3 mil.. FY19 loss rm29 mil ..

13) GEM Hong Kong partner 2go trading is ceased operations since 2016 .. signed with its subsidiary 2go Tech on June2019.. why still made Huge losses!.. now change to GEMspot then to GEMspotPro .. Q6 no revenue fr GEM?..

So now it dropped to the original price you paid for it, where are you not buying more instead of gambling on netx. There is a difference between speculation and investing. If the price dropped that much is due to speculators losing faith in the company financials.

FYI QL, yinson and topglove did just fine against Corona viruses and mahathir. So that is no excuse.

Easy come easy go...

>>>>>>>>

CoolBull Now that you mentioned TDM, it did hit 44.5 not so long after that post of mine which you hv wuoted, didn't it?

You do not expect me to be able to defend it against mahadir's supermouth, nor wuhan coronavirus, do you?
16/02/2020 9:18 AM

https://klse.i3investor.com/servlets/pfs/133552share.jsp

Here kid. For you to track yourself. Don't forget to add the dividend. A word of advice, if you are too lazy to do research or to track your performance, stop gambling money in the stock market. Get a day job.

Waste of time. Lazy kid. Can't even spend a few minutes to create a properly trackable portfolio? Do you plan to do like Calvin and hide or delete the messages quietly when things are not going the way you want? How do you account for dividends? Share splits? Please. You are not an investor, but merely a amateurish troll who couldn't even make a good profit in tdm but held it while praying for 80.

At least I tracked all of Calvin tan pump and dump promotions.
>>>>>>>>>>

CoolBull No need for any portfolio. Just one stock will do.

We took two for 3i becos he is currently feeling a bit tentative about his Dlady.
16/02/2020 9:14 AM

Is gkent bluechip? Is yinson blue chip? Few years ago it was 3 billion. Is QL blue chip? A few years ago it was 4 billion. Is stoneco bluechip? When vendor invested in the IPO, it was only in 2018 at 32 dollars. When it dropped to 15 in 2018 and I started collecting in 2019 January 4( all documented), was it a blue chip?

If your idea of blue chip is solid companies with huge long term prospects, profitable, with huge cash positions, monopolies, high margins, incredibly high roe, bought at low prices ( ql 2009, topglove 2010, yinson 2012, public Bank 2011, Pchem 2019,), then yes I am.

https://klse.i3investor.com/blogs/phillipinvesting/2019-01-04-story188844-How_to_invest_for_the_long_game_without_losing_your_shoes.jsp

This is me.
Who are you? maybe you can read a little bit before making a sweeping decision.

I am a blue chip junkie who likes to HOLD blue chips, not buy them.

>>>>>>>>>>

CoolBull Aah. I see. Looks like Philip is another blue chip junkie, just like 3i with his Dlady LOL.

Well, Philip. So, what us your top stock pick now then.

Or maybe you're not really up to it.
16/02/2020 8:59 AM

Are you losing sleep now? Or still dreaming of 80?


>>>>>>>>>>>>>>


Stock: [TDM]: TDM BHD

Dec 11, 2019 2:17 PM | Report Abuse

Why not just keep everything & wait to sell all at 80. Much less stressful & energy draining & much more efficient this way, dude.

Stock: [TDM]: TDM BHD

Dec 11, 2019 2:02 PM | Report Abuse

And Calvin, btw, that day you kind of mentioned in passing that your own cost for TDM was 49.

So, relax, why run so fast, man.

Stock: [TDM]: TDM BHD

Dec 10, 2019 5:00 PM | Report Abuse

Don't lose any sleep, Calvin. TDM coming on nicely. 40 coming soon. Then fast galloping to 50.

Easy, let's use gkent that sifu Calvin thinks so bad.
0.93 at 31st December 2019.

And how about you put your mouth where your money is and create a trackable portfolio? Put do a proper portfolio with 100k each, and track it based on the share price + dividend received.

https://klse.i3investor.com/servlets/pfs/120720.jsp

Do it like this. In public. Under your coolbull account. Do you know how?

If you can only talk like Calvin but no effort to even do a proper portfolio on i3 forum which is free, then you are wasting everyone's time.

>>>>>>>>

If yes, submit your candidate.

Do the math calvin, what do you get?

Let us compare period to period, as you only put a specific buy period ( after pump and dump), with no claims on selling period ( usual for pump and dumpers). Put in 10 thousand into each stock in your list(400k), versus 400k split into the 6 stocks that I hold ( including NYSE:STONECO), and the results should be clearly obvious.

https://klse.i3investor.com/servlets/pfs/120720.jsp

This is my 2019 portfolio, not including my 200k STONECO shares that were bought on 4th January 2019 at average price 18.50. results? Tracked? Previous years untracked excluded? Fyi I bought ql in 2009 and unsold. You criticized 10 billion dollar ql at 6.7 as quickly locked up. Now it is 8.50, highest revenue ever, highest earnings ever, and Palm oil 3000 power tonne. Quickly lock up? Topglove. Yinson. Gkent( waiting lrt3 11 billion GUARANTEED order unlike your NFCP 50 billion no award letter to netx), PCHEM ( already completed and starting production of biggest integrated complex in SEA with 3.3 million per annum production). Guaranteed production. Even my pump and dump article of PPHB is doing much better than your pump and dump article of TALAMT, sasbadi, maybulk. Scomies. Asiapac.

How about Calvin tan results?

https://klse.i3investor.com/servlets/pfs/123029.jsp

This is your 2019 tracked portfolio with promotion date.

Let us compare period to period, as you only put a specific buy period ( after pump and dump), with no claims on selling period ( usual for pump and dumpers). Put in 10 thousand into each stock in your list(400k), versus 400k split into the 6 stocks that I hold ( including NYSE:STONECO), and the results should be clearly obvious.

You are cherry picking results from a few lucky stocks versus the rest of the unperforming stocks to decide your CHUN CHUN calls.

Where is the chun chin call in TALAMT, asiapac, pantech? There are 40 stocks in your promotion list. How many hold the test of time?

I only have 6 stocks. And you can see I am adding into my position quarter after quarter.

How much netx are you buying?

90% of the 50% revenue from aviation is building engine cases for A320 neo and B737 max, which is the cheap medium range planes designed for shorter commercial routes with lower fuel and more seating space.

90% of the other 50% from semicon related is mainly for HDD supply, with lower concentration is SDD.

What is the long term prospects of these two divisions? Highly specialized machinery and plant equipment with high capital costs, a niche product and a specific group of customers.

The 2 bigger player comparisons of suppliers to Boeing and Airbus, and hard disk space

Liebherr aerospace ( parts construction, including engine casing for 777 etc) space
Western digital ( HDD) space

7-9 backlog of plane deliveries. 2.8 billion in book orders. Airbus corruption case. B737max grounding worldwide. Quarterly report guidance on next quarter increase in HDD parts orders.

What second level thinking can we apply here?

How about this? Insinuating a Microcap loss making company NETX will get NFCP job just because it's insiders bought stock.

So far there is ZERO proof that netx will get NFCP.

There is PROOF THAT NETX DID NOT PARTICIPATE IN DIRECT TENDER.
THERE IS PROOF THAT PHASE 1 WAS NOT AWARDED TO NETX.
THERE IS PROOF THAT THE MAJOR SUPPLIERS HAS DEALT DIRECTLY WITH THE TELECOMMUNICATION INFRASTRUCTURE MANUFACTURERS, INSTEAD OF VIA RESELLERS LIKE NETX.
THERE IS PROOF THAT NETX IS LOSS MAKING, AND HAVE NO FUTURE WITHOUT NFCP.
THERE IS PROOF THAT NETX ONLY HAD 33 THOUSAND IN REVENUE.
THERE IS PROOF THAT NETX HAS BEEN DECLARING LOSSES SINCE 2010. 10 YEARS OF LOSSES.

HOW CAN NETX BE A CYCLICAL TURNAROUND WHEN IT HAS BEEN LOSING MONEY FOR THE LAST 10 YEARS? AND WORSE.

HOW CAN YOU INSINUATE THAT NETX IS PARTICIPATING IN NFCP RELATED TENDERS WHEN THE MANAGEMENT THEMSELVES HAVE NOT SAID SO THEMSELVES.
PLEASE SHOW ME PROOF THAT MANAGEMENT HAS SAID THEY ARE GOING AFTER NFCP JOBS INSTEAD IF USING THEIR RAISED CAPITAL ON GEM AND PAYALLZ UPGRADE AND I WILL STOP CRITICIZING YOU TODAY AND BUY 10% OF NETX STOCK. IT IS ONLY 7.6 million.


>>>>>>>

Posted by calvintaneng > Feb 16, 2020 7:18 AM | Report Abuse

Think of Netx being a cyclical turnaround by the power of Nfcp Rm50.3 billions Fiberisation jobs

When I first bought ql and topglove, the valuation was only 1 billion+. When I first bought yinson, it has just changed business model and was close to winning its first FPSO contract.

Today QL is a 13 billion dollar company ( 13 bagger), topglov (15 bagger), yinson (7 bagger). The point that always eludes investors is simply this:

No one has a crystal ball. No one can predict the future. What you can only do is buy slowly into a company. Look at it's earnings and profitability. Study and understand it's position in the grand scheme of things. Then buy it slowly with a view of what will happen years from now, instead of next week.

The Corona virus and trade war is the best example of this. This will never affect the wonderful companies in the long term. But because of fear and worry, the price of the stock has been beaten down to wonderful levels, while the assets, management team, business model and future prospects remain the same.

Enjoy the discount days, they are the boon of the patient investor. Time is the best compounder.